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Segment Information
6 Months Ended
Jun. 30, 2024
Segment Reporting [Abstract]  
Segment Information Segment Information
The company’s reportable segments are as follows:
Digital Workplace Solutions (DWS), which provides modern and traditional workplace solutions;
Cloud, Applications & Infrastructure Solutions (CA&I), which provides digital platform, applications, and infrastructure solutions; and
Enterprise Computing Solutions (ECS), which provides solutions that harness secure, continuous high-intensity computing and enable digital services through software-defined operating environments.
The accounting policies of each segment are the same as those followed by the company as a whole. The company evaluates segment performance based on gross profit exclusive of the service cost component of postretirement income or expense, cost reduction charges, amortization of purchased intangibles and unusual and nonrecurring items, which are included in other gross profit.
A summary of the company’s operations by segment is presented below:
Total SegmentsDWSCA&IECS
Three Months Ended June 30, 2024   
Revenue$403.9 $132.1 $134.3 $137.5 
Gross profit$122.2 $21.4 $23.9 $76.9 
Three Months Ended June 30, 2023   
Revenue$402.2 $135.0 $132.6 $134.6 
Gross profit$113.6 $18.4 $22.4 $72.8 
Total SegmentsDWSCA&IECS
Six Months Ended June 30, 2024   
Revenue$812.2 $264.4 $263.3 $284.5 
Gross profit$247.6 $40.4 $45.3 $161.9 
Six Months Ended June 30, 2023   
Revenue$847.4 $266.0 $258.6 $322.8 
Gross profit$271.1 $34.0 $38.8 $198.3 
Presented below is a reconciliation of total segment revenue to total consolidated revenue:
 Three Months Ended
June 30,
Six Months Ended
June 30,
 2024202320242023
Total segment revenue$403.9 $402.2 $812.2 $847.4 
Other revenue74.3 74.6 153.8 145.8 
Total consolidated revenue$478.2 $476.8 $966.0 $993.2 
Presented below is a reconciliation of total segment gross profit to consolidated income (loss) before income taxes:
 Three Months Ended
June 30,
Six Months Ended
June 30,
 2024202320242023
Total segment gross profit$122.2 $113.6 $247.6 $271.1 
Other gross profit7.7 2.2 18.3 3.7 
Total gross profit129.9 115.8 265.9 274.8 
Selling, general and administrative expense(101.4)(110.3)(213.6)(213.2)
Research and development expense(4.9)(5.4)(11.0)(11.6)
Interest expense(7.9)(7.5)(15.8)(15.1)
Other (expense), net(9.4)(16.7)(151.5)(213.6)
Total income (loss) before income taxes$6.3 $(24.1)$(126.0)$(178.7)
Other revenue and other gross profit are comprised of an aggregation of a number of immaterial business activities and cost reductions charges. These activities principally provide for the management of processes and functions for clients in select industries, helping them improve performance and reduce costs.
Geographic information about the company’s revenue, which is principally based on location of the selling organization, is presented below:
 Three Months Ended
June 30,
Six Months Ended
June 30,
 2024202320242023
United States$204.4 $212.2 $416.7 $413.2 
United Kingdom48.3 51.6 115.3 173.5 
Other foreign225.5 213.0 434.0 406.5 
Total$478.2 $476.8 $966.0 $993.2