Segment Information and Geographic Data (Tables)

12 Months Ended

Dec. 31, 2018

Segment Reporting [Abstract]

Financial Information by Segment

Financial information by segment is presented as follows (in millions):

	Year Ended December 31,
	2018			2017			2016
Net sales:
AIT	$	1,423		$	1,311		$	1,247
EVM	2,795			2,414			2,337
Total segment Net sales	4,218			3,725			3,584
Corporate, eliminations(1)	—			(3		)	(10		)
Total Net sales	$	4,218		$	3,722		$	3,574
Operating income:
AIT(2)(3)	$	325		$	274		$	281
EVM(2)(3)	404			301			245
Total segment operating income	729			575			526
Corporate, eliminations(4)	(119		)	(253		)	(446		)
Total Operating income	$	610		$	322		$	80

(1) Amounts included in Corporate, eliminations consist of purchase accounting adjustments related to the Enterprise Acquisition.

(2) During 2018, the Company revised its methodology for allocating certain operating expenses across its two reportable segments to more accurately reflect where these operating costs are being incurred. The reallocations relate primarily to facilities, information technology, marketing and human resources expenses. All periods are presented on a comparable basis and reflect these changes which reclassified operating expenses from AIT to EVM of $14 million and $41 million for the years ended December 31, 2017 and 2016, respectively. There was no impact to the Consolidated Financial Statements as a result of these reallocations.

(3) AIT and EVM segment operating income includes depreciation expense and share-based compensation expense. The amounts of depreciation expense and share-based compensation attributable to AIT and EVM are proportionate to each segment’s Net sales.

(4) Amounts included in Corporate, eliminations consist of purchase accounting adjustments, amortization of intangible assets, acquisition and integration costs, and exit and restructuring costs.

Information Regarding Operations by Geographic Area

Geographic data for Net sales is as follows (in millions):

	Year Ended December 31,
	2018		2017		2016
North America	$	2,041	$	1,798	$	1,739
Europe, Middle East, and Africa	1,409		1,221		1,138
Asia-Pacific	520		468		483
Latin America	248		235		214
Total Net sales	$	4,218	$	3,722	$	3,574

Geographic data for long-lived assets, defined as property, plant and equipment is as follows (in millions):

	Year Ended December 31,
	2018		2017		2016
North America	$	225	$	238	$	267
Europe, Middle East, and Africa	14		14		13
Asia-Pacific	7		9		9
Latin America	3		3		3
Total long-lived assets	$	249	$	264	$	292

Net Sales by Country

Net sales by country that are greater than 10% of total Net sales are as follows (in millions):

	Year Ended December 31,
	2018		2017		2016
United States	$	2,247	$	1,984	$	1,950
United Kingdom	1,403		1,196		1,065
Singapore	508		454		362
Other	60		88		197
Total Net sales	$	4,218	$	3,722	$	3,574

Significant Customers as Percentage of Total Net Sales

Our Net sales to significant customers as a percentage of the total Company’s Net sales by segment were as follows:

	Year Ended December 31,
	2018						2017						2016
	AIT		EVM		Total		AIT		EVM		Total		AIT		EVM		Total
Customer A	6.2	%	14.1	%	20.3	%	6.3	%	15.0	%	21.3	%	5.9	%	14.2	%	20.1	%
Customer B	5.6	%	10.1	%	15.7	%	5.3	%	8.9	%	14.2	%	5.0	%	8.2	%	13.2	%
Customer C	6.2	%	7.9	%	14.1	%	6.2	%	7.0	%	13.2	%	5.3	%	7.1	%	12.4	%