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Segment Reporting (Tables)
3 Months Ended
Mar. 31, 2024
Segment Reporting [Abstract]  
Operations of the Company's operating segments
The following tables show the operations of the Company’s reportable segments:
Net Sales toNet Sales to
For the three months endedExternalOtherTotal NetSegment 
March 31, 2024CustomersSegmentsSalesProfitGoodwill
U.S. Operations$346,123 $37,418 $383,541 $93,636 $526,385 
Swiss Operations54,251 223,371 277,622 59,086 25,601 
Western European Operations214,765 47,738 262,503 50,311 99,985 
Chinese Operations143,198 80,641 223,839 75,823 605 
Other (a)167,612 3,331 170,943 25,182 13,240 
Eliminations and Corporate (b)— (392,499)(392,499)(36,710)— 
Total$925,949 $— $925,949 $267,328 $665,816 
Net Sales toNet Sales to
For the three months endedExternalOtherTotal NetSegment 
March 31, 2023CustomersSegmentsSalesProfitGoodwill
U.S. Operations$337,402 $33,248 $370,650 $81,796 $524,470 
Swiss Operations46,369 202,134 248,503 76,422 25,195 
Western European Operations199,424 44,876 244,300 44,523 97,558 
Chinese Operations185,767 60,452 246,219 81,241 643 
Other (a)159,776 957 160,733 24,243 13,876 
Eliminations and Corporate (b)— (341,667)(341,667)(41,774)— 
Total$928,738 $— $928,738 $266,451 $661,742 
(a)Other includes reporting units in Southeast Asia, Latin America, Eastern Europe and other countries.
(b)Eliminations and Corporate includes the elimination of inter-segment transactions and certain corporate expenses and intercompany investments, which are not included in the Company’s operating segments.
Reconciliation of earnings before taxes to segment profit A reconciliation of earnings before taxes to segment profit for the three months ended March 31 follows:
 Three Months Ended
 March 31, 2024March 31, 2023
Earnings before taxes$220,547 $226,610 
Amortization18,228 17,779 
Interest expense19,232 18,184 
Restructuring charges9,664 4,274 
Other charges (income), net(343)(396)
Segment profit$267,328 $266,451