Segment and Geographic Information (Tables)

12 Months Ended

Dec. 31, 2023

Segment and Geographic Information

Schedule of reportable segment

Sales, by reportable segment by geographic area, are as follows:

(thousands)	2023		2022		2021
Sales:
Components:
Americas	$	7,954,713	$	9,592,547	$	7,827,866
EMEA		8,074,894		7,627,974		6,248,846
Asia/Pacific		9,390,292		11,567,482		12,280,805
Global components	$	25,419,899	$	28,788,003	$	26,357,517
ECS:
Americas	$	4,160,298	$	4,847,027	$	4,878,954
EMEA		3,526,923		3,489,392		3,240,547
Global ECS	$	7,687,221	$	8,336,419	$	8,119,501
Consolidated	$	33,107,120	$	37,124,422	$	34,477,018

Sales by country are as follows:

(thousands)	2023		2022		2021
Sales:
China and Hong Kong	$	4,858,871	$	6,339,883	$	7,249,611
Germany		4,341,837		4,715,806		4,007,381
Other		12,737,852		12,901,063		11,603,832
Total foreign	$	21,938,560	$	23,956,752	$	22,860,824
United States		11,168,560		13,167,670		11,616,194
Total	$	33,107,120	$	37,124,422	$	34,477,018

The company operates in more than 85 countries worldwide. Sales to unaffiliated customers are based on the company location that maintains the customer relationship and transacts the external sale.

Operating income (loss), by reportable segment, are as follows:

(thousands)	2023		2022		2021
Operating income (loss):
Global components (a)	$	1,459,166	$	1,961,125	$	1,432,187
Global ECS (b)		367,004		408,519		390,103
Corporate (c)		(355,006)		(301,150)		(265,468)
Consolidated	$	1,471,164	$	2,068,494	$	1,556,822

(a) Global components operating income includes $62.2 million and $12.5 million in settlement charges recorded as a reduction to operating expense for 2023 and 2021, respectively, (refer to Note 15) and $4.5 million in restructuring, integration, and other charges for 2021.

(b) Global ECS operating income includes charges to increase the allowance for credit losses, which increased by $24.0 million for 2023, relative to the year-earlier period.

(c) Corporate operating loss for the years 2023, 2022, and 2021 includes restructuring, integration, and other charges of $83.9 million, $13.7 million, and $10.9 million, respectively.

Reconciliation of assets from segment to consolidated

Total assets, by reportable segment, at December 31 are as follows:

(thousands)	2023		2022
Total assets:
Global components	$	15,129,190	$	15,001,624
Global ECS		6,051,459		6,124,184
Corporate		545,519		637,374
Consolidated	$	21,726,168	$	21,763,182

Schedule of long-lived assets by geographical areas

Long-lived assets by country are as follows:

(thousands)	2023		2022
Long-lived assets:
Netherlands	$	89,199	$	93,390
France		87,861		68,048
Other		258,264		247,823
Total foreign	$	435,324	$	409,261
United States		364,940		464,749
Total	$	800,264	$	874,010