Revenue and Segment Information (Tables)

12 Months Ended

Dec. 31, 2023

Segment Reporting [Abstract]

Schedule of Revenue and Gross Profit from Reportable Segments

Revenue and gross profit for the Company’s operating and reportable segments are as follows (in millions):

	PSG		ASG		ISG		Total
For year ended December 31, 2023:
Revenue from external customers	$	4,449.0	$	2,488.5	$	1,315.5	$	8,253.0
Segment gross profit	2,111.3		1,131.9		640.3		3,883.5
For year ended December 31, 2022:
Revenue from external customers	$	4,208.2	$	2,841.3	$	1,276.7	$	8,326.2
Segment gross profit	1,994.3		1,474.5		608.4		4,077.2
For year ended December 31, 2021:
Revenue from external customers	$	3,439.1	$	2,399.9	$	900.8	$	6,739.8
Segment gross profit	1,318.3		1,055.6		340.4		2,714.3

Schedule of Disaggregation of Revenue

Revenue for the Company's operating and reportable segments disaggregated into geographic locations based on sales billed from the respective country and sales channels are as follows (in millions):

	Year Ended December 31, 2023
	PSG		ASG		ISG		Total
Geographic Location
Hong Kong	$	1,334.8	$	581.1	$	252.7	$	2,168.6
Singapore	1,202.3		533.2		203.3		1,938.8
United Kingdom	904.0		513.5		335.9		1,753.4
United States	712.4		534.0		327.3		1,573.7
Other	295.5		326.7		196.3		818.5
Total	$	4,449.0	$	2,488.5	$	1,315.5	$	8,253.0
Sales Channel
Distributors	$	2,643.0	$	1,089.8	$	576.3	$	4,309.1
Direct Customers	1,806.0		1,398.7		739.2		3,943.9
Total	$	4,449.0	$	2,488.5	$	1,315.5	$	8,253.0

	Year Ended December 31, 2022
	PSG		ASG		ISG		Total
Geographic Location
Hong Kong	$	1,314.9	$	742.7	$	258.2	$	2,315.8
Singapore	1,114.9		819.0		200.0		2,133.9
United Kingdom	762.0		454.8		275.5		1,492.3
United States	708.0		421.3		335.4		1,464.7
Other	308.4		403.5		207.6		919.5
Total	$	4,208.2	$	2,841.3	$	1,276.7	$	8,326.2
Sales Channel
Distributors	$	2,702.6	$	1,413.3	$	691.4	$	4,807.3
Direct Customers	1,505.6		1,428.0		585.3		3,518.9
Total	$	4,208.2	$	2,841.3	$	1,276.7	$	8,326.2

	Year Ended December 31, 2021
	PSG		ASG		ISG		Total
Geographic Location
Singapore	$	1,097.7	$	860.4	$	139.7	$	2,097.8
Hong Kong	1,055.6		572.4		200.6		1,828.6
United Kingdom	606.4		343.7		173.5		1,123.6
United States	432.0		304.7		194.9		931.6
Other	247.4		318.7		192.1		758.2
Total	$	3,439.1	$	2,399.9	$	900.8	$	6,739.8
Sales Channel
Distributors	$	2,443.0	$	1,335.5	$	553.5	$	4,332.0
Direct Customers	996.1		1,064.4		347.3		2,407.8
Total	$	3,439.1	$	2,399.9	$	900.8	$	6,739.8

The Company's revenue disaggregated into end-markets and product technologies is as follows (in millions):

	Year-Ended December 31,
	2023		2022		2021
End-Markets
Automotive	$	4,319.9	$	3,360.8	$	2,288.9
Industrial	2,278.4		2,290.5		1,802.3
Other*	1,654.7		2,674.9		2,648.6
Total	$	8,253.0	$	8,326.2	$	6,739.8
* Other includes the end-markets of computing, consumer, networking, communications, etc.
Product Technologies
Intelligent Power	$	4,214.8	$	3,997.3	$	3,073.6
Intelligent Sensing	1,606.8		1,573.7		1,114.1
Other	2,431.4		2,755.2		2,552.1
Total	$	8,253.0	$	8,326.2	$	6,739.8

Summary of Property, Plant and Equipment by Geographic Location

Property, plant and equipment, net by geographic location, are summarized as follows (in millions):

	As of December 31,
	2023		2022
United States	$	1,456.5	$	1,329.2
South Korea	1,360.8		871.0
Philippines	252.9		296.8
Czech Republic	559.7		279.3
China	252.2		215.3
Malaysia	199.3		190.2
Vietnam	164.3		86.8
Other	155.8		182.1
Total	$	4,401.5	$	3,450.7

Schedule of Segments and Product Lines

These segments represent the Company's view of the business and as such are used to evaluate progress of major initiatives and allocation of resources.

PSG	ASG	ISG
Analog products	Analog products	Actuator Drivers
SiC products	ASIC products	CMOS Image Sensors
Discrete products	ECL products	Image Signal Processors
MOSFET products	Foundry products / services	Single Photon Detectors
Power Module products	Gate Driver products
Isolation products	LSI products
Memory products	Standard Logic products
Gate Driver products
Standard Logic products