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Segment Information (Tables)
12 Months Ended
Dec. 31, 2023
Segment Reporting [Abstract]  
Net Revenues by Product Segment and by Product Line
Net revenues by reportable segment:
December 31,
2023
December 31,
2022
December 31,
2021
ADG7,848 5,969 4,350 
AMS3,991 4,911 4,587 
MDG5,431 5,228 3,802 
Total net revenues of product segments17,270 16,108 12,739 
Others16 20 22 
Total consolidated net revenues17,286 16,128 12,761 
Operating Income by Reportable Segment
Operating income by reportable segment:
December 31,
2023
December 31,
2022
December 31,
2021
ADG2,497 1,469 512 
AMS690 1,237 1,022 
MDG1,838 1,830 908 
Total operating income of product segments5,025 4,536 2,442 
Others(1)
(414)(97)(23)
Total consolidated operating income4,611 4,439 2,419 

(1)Operating income (loss) of “Others” includes items such as unused capacity charges, including unloading charges due to COVID-19 and incidents leading to power outage, impairment, restructuring charges and other related closure costs, management reorganization costs, start-up and phase-out costs, and other unallocated expenses such as: strategic or special R&D programs, certain corporate-level operating expenses, patent claims and litigations, and other costs that are not allocated to product groups, as well as operating earnings of other products.
Reconciliation of Operating Income of Reportable Segments to Total Consolidated Operating Income
The reconciliation of operating income of reportable segments to the total consolidated operating income is presented in the below table:
December 31,
2023
December 31,
2022
December 31,
2021
Total operating income of reportable segments5,025 4,536 2,442 
Impairment, restructuring charges and
   other related closure costs
— — (2)
Impairment loss on intangible assets acquired
   through recent business combinations
(36)— — 
Start-up and phase-out costs(134)(13)— 
Unused capacity charges(120)(22)(16)
Other unallocated manufacturing results(94)(57)
Gain on sale of non-current assets
Strategic and other research and development
   programs and other non-allocated provisions(1)
(34)(7)(9)
Total operating loss Others(414)(97)(23)
Total consolidated operating income4,611 4,439 2,419 

(1)Includes unallocated income and expenses such as certain corporate-level operating expenses and other income (costs) that are not allocated to the product segments.
Net Revenues
Net revenues

December 31,
2023
December 31,
2022
December 31,
2021
Switzerland5,755 4,569 3,282 
France158 153 126 
Italy54 47 56 
USA2,279 1,981 1,253 
Singapore8,138 8,604 7,442 
Japan890 758 586 
Other countries12 16 16 
Total net revenues17,286 16,128 12,761 
Property, Plant & Equipment
Property, plant and equipment, net

December 31,
 2023
December 31,
 2022
Netherlands3,996 2,753 
France1,837 1,774 
Italy2,108 1,683 
Other European countries170 161 
USA59 52 
Singapore1,347 880 
Malaysia478 365 
Other countries559 533 
Total property, plant and equipment, net10,554 8,201