Segment Information and Geographic Data (Tables)

12 Months Ended

Dec. 31, 2019

Segment Reporting [Abstract]

Financial Information by Segment

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

	Year Ended December 31,
	2019			2018			2017
Net sales:
AIT	$	1,479		$	1,423		$	1,311
EVM	3,006			2,795			2,414
Total segment net sales	4,485			4,218			3,725
Corporate, eliminations(1)	—			—			(3		)
Total Net sales	$	4,485		$	4,218		$	3,722
Operating income:
AIT(2)(3)	$	355		$	325		$	274
EVM(2)(3)	483			404			301
Total segment operating income	838			729			575
Corporate, eliminations(4)	(146		)	(119		)	(253		)
Total Operating income	$	692		$	610		$	322

(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 for the year ended December 31, 2017. There was no impact to the Consolidated Financial Statements as a result of these reallocations.

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

(4) To the extent applicable, amounts included in Corporate, eliminations consist of purchase accounting adjustments, amortization of intangible assets, acquisition and integration costs, impairment of goodwill and other intangibles, exit and restructuring costs, and product sourcing diversification costs.

Significant Customers as Percentage of Total Net Sales

Geographic data for long-lived assets is as follows (in millions):

	Year Ended December 31,
	2019		2018		2017
North America	$	280	$	225	$	238
EMEA	39		14		14
Asia-Pacific	40		7		9
Latin America	7		3		3
Total long-lived assets	$	366	$	249	$	264

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,
	2019						2018						2017
	AIT		EVM		Total		AIT		EVM		Total		AIT		EVM		Total
Customer A	5.3	%	13.0	%	18.3	%	6.2	%	14.1	%	20.3	%	6.3	%	15.0	%	21.3	%
Customer B	4.7	%	9.0	%	13.7	%	5.6	%	10.1	%	15.7	%	5.3	%	8.9	%	14.2	%
Customer C	6.1	%	10.5	%	16.6	%	6.2	%	7.9	%	14.1	%	6.2	%	7.0	%	13.2	%

Information Regarding Operations by Geographic Area

Net sales by region was as follows (in millions):

	Year Ended December 31,
	2019		2018		2017
North America	$	2,261	$	2,041	$	1,798
EMEA	1,462		1,409		1,221
Asia-Pacific	518		520		468
Latin America	244		248		235
Total Net sales	$	4,485	$	4,218	$	3,722

Net Sales by Country

Net sales during these years was as follows (in millions):

	Year Ended December 31,
	2019		2018		2017
United States	$	2,243	$	2,020	$	1,746
Germany	523		523		439
Other	1,719		1,675		1,537
Total Net sales	$	4,485	$	4,218	$	3,722