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v3.20.2

Segment information | 12 Months Ended
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Jun. 27, 2020
Segment information |
Segment information | 16. Segment information Electronic Components (“EC”) and Farnell are the Company’s reportable segments (“operating groups”). EC markets and sells semiconductors and interconnect, passive and electromechanical devices and integrated components to a diverse customer base serving many end-markets. Farnell distributes electronic components and related products to the electronic system design community utilizing multi-channel sales and marketing resources. ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Years Ended |
​ |  | June 27, |  | June 29, |  | June 30, |
​ | ​ | 2020 | ​ | 2019 | ​ | 2018 |
​ | ​ | (Millions) |
Sales: | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Electronic Components | ​ | $ | 16,340.1 | ​ | $ | 18,060.3 | ​ | $ | 17,543.6 | ​
Farnell | ​ | ​ | 1,294.2 | ​ | ​ | 1,458.3 | ​ | ​ | 1,493.3 | ​
​ | ​ | $ | 17,634.3 | ​ | $ | 19,518.6 | ​ | $ | 19,036.9 | ​
Operating income (loss): | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Electronic Components | ​ | $ | 349.1 | ​ | $ | 614.9 | ​ | $ | 587.3 | ​
Farnell | ​ |  | 75.5 | ​ |  | 159.3 | ​ |  | 151.9 | ​
​ | ​ |  | 424.6 | ​ |  | 774.2 | ​ |  | 739.2 | ​
Corporate | ​ |  | (121.6) | ​ |  | (78.5) | ​ |  | (111.5) | ​
Restructuring, integration and other expenses | ​ |  | (81.9) | ​ |  | (108.1) | ​ |  | (145.1) | ​
Goodwill and intangible asset impairment expenses | ​ | ​ | (144.1) | ​ | ​ | (137.4) | ​ | ​ | (181.4) | ​
Amortization of acquired intangible assets and other | ​ |  | (81.6) | ​ |  | (84.3) | ​ |  | (91.9) | ​
​ | ​ | $ | (4.6) | ​ | $ | 365.9 | ​ | $ | 209.2 | ​
Assets: | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Electronic Components | ​ | $ | 6,096.7 | ​ | $ | 6,795.0 | ​ | $ | 7,510.1 | ​
Farnell | ​ |  | 1,472.1 | ​ |  | 1,580.3 | ​ |  | 1,598.7 | ​
Corporate | ​ |  | 536.4 | ​ | ​ | 189.3 | ​ | ​ | 488.0 | ​
​ | ​ | $ | 8,105.2 | ​ | $ | 8,564.6 | ​ | $ | 9,596.8 | ​
Capital expenditures: | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Electronic Components | ​ | $ | 46.3 | ​ | $ | 80.1 | ​ | $ | 127.5 | ​
Farnell | ​ |  | 19.6 | ​ |  | 34.0 | ​ |  | 19.1 | ​
Corporate | ​ |  | 7.6 | ​ |  | 8.6 | ​ |  | 9.3 | ​
​ | ​ | $ | 73.5 | ​ | $ | 122.7 | ​ | $ | 155.9 | ​
Depreciation & amortization expense: | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Electronic Components | ​ | $ | 88.4 | ​ | $ | 86.6 | ​ | $ | 133.3 | ​
Farnell | ​ |  | 88.5 | ​ |  | 88.5 | ​ |  | 94.5 | ​
Corporate | ​ |  | 5.3 | ​ |  | 5.7 | ​ |  | 7.1 | ​
​ | ​ | $ | 182.2 | ​ | $ | 180.8 | ​ | $ | 234.9 | ​
Sales, by geographic area: | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Americas(1) | ​ | $ | 4,755.3 | ​ | $ | 5,135.8 | ​ | $ | 5,011.4 | ​
EMEA(2) | ​ |  | 5,753.4 | ​ |  | 6,762.9 | ​ |  | 6,790.9 | ​
Asia/Pacific(3) | ​ |  | 7,125.6 | ​ |  | 7,619.9 | ​ |  | 7,234.6 | ​
​ | ​ | $ | 17,634.3 | ​ | $ | 19,518.6 | ​ | $ | 19,036.9 | ​
Property, plant and equipment, net, by geographic area: | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Americas(4) | ​ | $ | 183.9 | ​ | $ | 213.8 | ​ | $ | 276.2 | ​
EMEA(5) | ​ |  | 183.4 | ​ |  | 200.4 | ​ |  | 204.8 | ​
Asia/Pacific | ​ |  | 37.3 | ​ |  | 38.0 | ​ |  | 41.9 | ​
​ | ​ | $ | 404.6 | ​ | $ | 452.2 | ​ | $ | 522.9 | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
(1) | Includes sales in the United States of $4.46 billion, $4.80 billion and $4.64 billion for fiscal 2020, 2019 and 2018, respectively.
(2) | Includes sales in Germany and Belgium of $2.20 billion and $1.09 billion, respectively, for fiscal 2020. Includes sales in Germany and Belgium of $2.66 billion and $1.16 billion, respectively, for fiscal 2019. Includes sales in Germany and Belgium of $2.66 billion and $1.08 billion, respectively, for fiscal 2018.
(3) | Includes sales of $3.07 billion, $2.33 billion and $955.4 million in Taiwan, China (including Hong Kong) and Singapore, respectively, for fiscal 2020. Includes sales of $3.20 billion, $2.52 billion and $1.02 billion in Taiwan, China (including Hong Kong) and Singapore, respectively, for fiscal 2019. Includes sales of $2.71 billion, $2.63 billion and $949.5 million in Taiwan, China (including Hong Kong) and Singapore, respectively, for fiscal 2018.
(4) | Includes property, plant and equipment, net, of $179.4 million, $209.9 million and $271.4 million in the United States for fiscal 2020, 2019 and 2018, respectively.
(5) | Includes property, plant and equipment, net, of $84.9 million, $72.7 million and $22.4 million in Germany, the UK and Belgium, respectively, for fiscal 2020. Fiscal 2019 includes property, plant and equipment, net, of $95.2 million, $70.5 million and $25.2 million in Germany, the UK and Belgium, respectively. Fiscal 2018 includes property, plant and equipment, net, of $99.4 million, $52.5 million and $43.4 million in Germany, the UK and Belgium, respectively.
Listed in the table below are the Company’s major product categories and the related sales for each of the past three fiscal years: ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Years Ended |
​ |  | June 27, |  | June 29, |  | June 30, |
​ | ​ | 2020 | ​ | 2019 | ​ | 2018 |
​ | ​ | (Millions) |
Semiconductors | ​ | $ | 13,440.3 | ​ | $ | 14,973.3 | ​ | $ | 14,890.9 | ​
Interconnect, passive & electromechanical (IP&E) | ​ |  | 3,146.0 | ​ |  | 3,516.0 | ​ |  | 3,227.0 | ​
Computers | ​ | ​ | 572.0 | ​ | ​ | 533.1 | ​ | ​ | 461.9 | ​
Other | ​ |  | 476.0 | ​ |  | 496.2 | ​ |  | 457.1 | ​
​ | ​ | $ | 17,634.3 | ​ | $ | 19,518.6 | ​ | $ | 19,036.9 | ​
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- 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://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -URI http://asc.fasb.org/topic&trid=2134510 + Details
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