XML 15 R23.htm IDEA: XBRL DOCUMENT ﻿
v2.3.0.11

Segment information | 12 Months Ended
--- | ---
Jul. 02, 2011
Segment information [Abstract] |
Segment information | 16. Segment information Electronics Marketing and Technology Solutions are the overall segments upon which management primarily evaluates the operations of the Company and upon which management bases its operating decisions. Therefore, the segment data that follows reflects these two segments. EM markets and sells semiconductors and interconnect, passive and electromechanical devices and embedded products. EM markets and sells its products and services to a diverse customer base serving many end-markets including automotive, communications, computer hardware and peripheral, industrial and manufacturing, medical equipment, military and aerospace. EM also offers an array of value-added services that help customers evaluate, design-in and procure electronic components throughout the lifecycle of their technology products and systems, including supply-chain management, engineering design, inventory replenishment systems, connector and cable assembly and semiconductor programming. TS markets and sells mid- to high-end servers, data storage, software, and the services required to implement these products and solutions to the value-added reseller channel. TS also focuses on the worldwide original equipment manufacturers (“OEM”) market for computing technology, system integrators and non-PC OEMs that require embedded systems and solutions including engineering, product prototyping, integration and other value-added services.
|  | Years Ended |
|  | July 2, |  |  | July 3, |  |  | June 27, |
|  | 2011 |  |  | 2010 |  |  | 2009 |
|  | (Millions) |
Sales: |  |  |  |  |  |  |  |  |  |  |  |
Electronics Marketing |  | $ | 15,066.2 |  |  | $ | 10,966.8 |  |  | $ | 9,192.8 |
Technology Solutions |  |  | 11,468.2 |  |  |  | 8,193.4 |  |  |  | 7,037.1 |
|  | $ | 26,534.4 |  |  | $ | 19,160.2 |  |  | $ | 16,229.9 |
Operating income (loss): |  |  |  |  |  |  |  |  |  |  |  |
Electronics Marketing |  | $ | 832.5 |  |  | $ | 491.6 |  |  | $ | 354.5 |
Technology Solutions |  |  | 286.7 |  |  |  | 251.7 |  |  |  | 201.4 |
Corporate |  |  | (112.0 | ) |  |  | (82.3 | ) |  |  | (64.5 | )
|  |  | 1,007.2 |  |  |  | 661.0 |  |  |  | 491.4 |
Impairment charges (Note 6) |  |  | — |  |  |  | — |  |  |  | (1,411.1 | )
Restructuring, integration and other charges (Note 17) |  |  | (77.2 | ) |  |  | (25.4 | ) |  |  | (99.3 | )
|  | $ | 930.0 |  |  | $ | 635.6 |  |  | $ | (1,019.0 | )
Assets: |  |  |  |  |  |  |  |  |  |  |  |
Electronics Marketing |  | $ | 5,890.9 |  |  | $ | 4,441.8 |  |  | $ | 3,783.4 |
Technology Solutions |  |  | 3,765.2 |  |  |  | 2,553.8 |  |  |  | 2,036.8 |
Corporate |  |  | 249.5 |  |  |  | 786.8 |  |  |  | 453.3 |
|  | $ | 9,905.6 |  |  | $ | 7,782.4 |  |  | $ | 6,273.5 |
Capital expenditures: |  |  |  |  |  |  |  |  |  |  |  |
Electronics Marketing |  | $ | 69.8 |  |  | $ | 30.1 |  |  | $ | 61.1 |
Technology Solutions |  |  | 57.4 |  |  |  | 17.2 |  |  |  | 38.5 |
Corporate |  |  | 21.5 |  |  |  | 19.6 |  |  |  | 10.6 |
|  | $ | 148.7 |  |  | $ | 66.9 |  |  | $ | 110.2 |
Depreciation & amortization expense: |  |  |  |  |  |  |  |  |  |  |  |
Electronics Marketing |  | $ | 28.3 |  |  | $ | 24.6 |  |  | $ | 26.8 |
Technology Solutions |  |  | 30.0 |  |  |  | 15.7 |  |  |  | 18.3 |
Corporate |  |  | 23.1 |  |  |  | 20.3 |  |  |  | 20.7 |
|  | $ | 81.4 |  |  | $ | 60.6 |  |  | $ | 65.8 |
Sales, by geographic area, are as follows: |  |  |  |  |  |  |  |  |  |  |  |
Americas (1) |  | $ | 11,518.5 |  |  | $ | 8,367.3 |  |  | $ | 7,572.2 |
EMEA (2) |  |  | 8,393.4 |  |  |  | 5,948.3 |  |  |  | 5,268.4 |
Asia/Pacific (3) |  |  | 6,622.5 |  |  |  | 4,844.6 |  |  |  | 3,389.3 |
|  | $ | 26,534.4 |  |  | $ | 19,160.2 |  |  | $ | 16,229.9 |
Property, plant and equipment, net, by geographic area: |  |  |  |  |  |  |  |  |  |  |  |
Americas (4) |  | $ | 242.5 |  |  | $ | 182.2 |  |  | $ | 183.9 |
EMEA (5) |  |  | 150.6 |  |  |  | 98.5 |  |  |  | 101.3 |
Asia/Pacific |  |  | 26.1 |  |  |  | 21.9 |  |  |  | 20.5 |
|  | $ | 419.2 |  |  | $ | 302.6 |  |  | $ | 305.7 |
(1) |  | Includes sales in the United States of $10.0 billion, $7.6 billion and $6.8 billion for fiscal year 2011, 2010 and 2009, respectively.
(2) |  | Includes sales in Germany and the United Kingdom of $3.1 billion and $1.7 billion, respectively, for fiscal 2011. Includes sales in Germany and the United Kingdom of $2.1 billion and $1.1 billion, respectively, for fiscal 2010. Includes sales in Germany and the United Kingdom of $1.8 billion and $1.0 billion, respectively, for fiscal 2009.
(3) |  | Includes sales of $1.8 billion, $2.4 billion and $1.2 billion in Taiwan, China (including Hong Kong) and Singapore, respectively, for fiscal 2011. Includes sales of $1.3 billion, $2.0 billion and $1.0 billion in Taiwan, China (including Hong Kong) and Singapore, respectively, for fiscal 2010. Includes sales of $966.9 million, $1.3 billion and $752.9 million in Taiwan, China (including Hong Kong) and Singapore, respectively, for fiscal 2009.
(4) |  | Includes property, plant and equipment, net, of $231.3 million, $178.2 million and $179.6 million in the United States for fiscal 2011, 2010 and 2009, respectively.
(5) |  | Includes property, plant and equipment, net of $92.8 million, $23.4 million, and $16.4 million in Germany, Belgium and the United Kingdom, respectively, for fiscal 2011. Fiscal 2010 includes property, plant and equipment, net, of $48.0 million in Germany, $20.4 million in Belgium and $13.4 million in the United Kingdom. Fiscal 2009 includes property, plant and equipment, net, of $41.4 million in Germany, $24.2 million, in Belgium and $26.8 million in the United Kingdom.
The Company manages its business based upon the operating results of its two operating groups before impairment charges (see Note 6) and restructuring, integration and other charges (see Note 17). In fiscal 2011, 2010 and 2009, presented above, the unallocated pre-tax impairment charges and restructuring, integration and other items related to EM and TS, respectively, were $27,879,000 and $38,146,000 in fiscal 2011, $14,701,000 and $10,579,000 in fiscal 2010 and $1,116,335,000 and $389,561,000 in fiscal 2009, respectively. The remaining restructuring, integration and other items in each year relate to corporate activities. Listed in the table below are the major product categories and the Company’s approximate sales of each during the past three fiscal years:
|  | Years Ended |
|  | July 2, |  |  | July 3, |  |  | June 27, |
|  | 2011 |  |  | 2010 |  |  | 2009 |
|  | (Millions) |
Semiconductors |  | $ | 14,149.3 |  |  | $ | 10,098.7 |  |  | $ | 8,324.0 |
Computer products |  |  | 10,284.6 |  |  |  | 7,302.8 |  |  |  | 6,393.4 |
Connectors |  |  | 1,041.4 |  |  |  | 841.4 |  |  |  | 735.2 |
Passives, electromechanical and other |  |  | 1,059.1 |  |  |  | 917.3 |  |  |  | 777.3 |
|  | $ | 26,534.4 |  |  | $ | 19,160.2 |  |  | $ | 16,229.9 |

X
- Details
Name: | us-gaap_SegmentReportingAbstract
Namespace Prefix: | us-gaap
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for reporting segments including data and tables. Reportable segments include those that meet any of the following quantitative thresholds a) it's reported revenue, including sales to external customers and intersegment sales or transfers is 10 percent or more of the combined revenue, internal and external, of all operating segments b) the absolute amount of its reported profit or loss is 10 percent or more of the greater, in absolute amount of 1) the combined reported profit of all operating segments that did not report a loss or 2) the combined reported loss of all operating segments that did report a loss c) its assets are 10 percent or more of the combined assets of all operating segments. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 12 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8595-108599 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 10 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8538-108599 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 33 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8971-108599 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 34 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8981-108599 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 29 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8864-108599 Reference 6: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8380-108599 Reference 7: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 35 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8984-108599 Reference 8: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 41 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e9038-108599 Reference 9: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 32 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8933-108599 Reference 10: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Statement of Financial Accounting Standard (FAS) -Number 131 -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy. Reference 11: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8906-108599 Reference 12: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 26 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8844-108599 Reference 13: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 40 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e9031-108599 Reference 14: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 42 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e9054-108599 Reference 15: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 31 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8924-108599 + Details
Name: | us-gaap_SegmentReportingDisclosureTextBlock
Namespace Prefix: | us-gaap
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration