Industry Segment Operations (Tables)

12 Months Ended

Oct. 27, 2019

Information for each reportable segment for and as of the end of each fiscal year were as follows:


	Net Sales		Operating Income (Loss)		Depreciation/ Amortization		Capital Expenditures		Accounts Receivable		Inventories

	(In millions)
2019:
Semiconductor Systems	$	9,027	$	2,464	$	202	$	168	$	1,543	$	1,703
Applied Global Services	3,854		1,101		25		47		790		1,535
Display and Adjacent Markets	1,651		294		22		43		246		214
Corporate and Other	76		(509)		114		183		(46)		22
Total	$	14,608	$	3,350	$	363	$	441	$	2,533	$	3,474
2018:
Semiconductor Systems	$	10,577	$	3,441	$	303	$	168	$	1,597	$	2,215
Applied Global Services	3,754		1,102		21		33		630		1,243
Display and Adjacent Markets	2,298		574		20		39		142		246
Corporate and Other	76		(626)		113		382		(46)		17
Total	$	16,705	$	4,491	$	457	$	622	$	2,323	$	3,721
2017:
Semiconductor Systems	$	9,544	$	3,177	$	286	$	150	$	1,626	$	1,638
Applied Global Services	3,014		817		15		21		564		762
Display and Adjacent Markets	2,042		585		12		17		190		279
Corporate and Other	98		(643)		94		157		(42)		28
Total	$	14,698	$	3,936	$	407	$	345	$	2,338	$	2,707

Disaggregation of revenue

Net sales for Semiconductor Systems by end use application for the periods indicated were as follows:


	2019		2018		2017
Foundry, logic and other	52	%	36	%	51	%
Dynamic random-access memory (DRAM)	22	%	27	%	15	%
Flash memory	26	%	37	%	34	%

	100	%	100	%	100	%

Segment reconciling items in corporate and other

The reconciling items included in Corporate and Other were as follows:


	2019		2018		2017

	(In millions)
Unallocated net sales	$	76	$	76	$	98
Unallocated cost of products sold and expenses	(322)		(444)		(521)
Share-based compensation	(263)		(258)		(220)


Total	$	(509)	$	(626)	$	(643)

Net sales and long-lived assets by geographic region

Net sales and long-lived assets by geographic region for and as of each fiscal year were as follows:


	2019		2018		2017

	(In millions)
Net sales:
United States	$	1,871	$	1,413	$	1,512
China	4,277		5,047		2,758
Korea	1,929		3,539		4,087
Taiwan	2,965		2,504		3,369
Japan	2,198		2,396		1,519
Europe	820		1,009		828
Southeast Asia	548		797		625
Total outside United States	12,737		15,292		13,186
Consolidated total	$	14,608	$	16,705	$	14,698


	October 27, 2019		October 28, 2018

	(In millions)
Long-lived assets:
United States	$	1,539	$	1,414
China	20		13
Korea	24		21
Taiwan	56		29
Japan	16		9
Europe	28		50
Southeast Asia	23		25
Total outside United States	167		147
Consolidated total	$	1,706	$	1,561

Companies accounted for at least 10 percent of Applied's net sales

The following customers accounted for at least 10 percent of Applied’s net sales in each fiscal year, which were for products and services in multiple reportable segments:


	2019		2018		2017
Samsung Electronics Co., Ltd.	*		13	%	23	%
Taiwan Semiconductor Manufacturing Company Limited	14	%	*		16	%

Intel Corporation	12	%	11	%	*

______________________________

* Less than 10%