Segment Information & Geographic Data (Tables)

12 Months Ended

Dec. 31, 2022

Segment Reporting [Abstract]

Schedule of Financial Information by Segment

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

	Year Ended December 31,
	2022		2021		2020
Net sales:
AIT	$	1,736	$	1,657	$	1,369
EVM	4,045		3,976		3,086
Total segment Net sales	5,781		5,633		4,455
Corporate eliminations(1)	—		(6)		(7)
Total Net sales	$	5,781	$	5,627	$	4,448
Operating income:
AIT(2)	$	360	$	382	$	331
EVM(2)	712		750		457
Total segment operating income	1,072		1,132		788
Corporate eliminations(1)	(543)		(153)		(137)
Total Operating income	$	529	$	979	$	651

(1)To the extent applicable, amounts included in Corporate eliminations consist of business acquisition purchase accounting adjustments, amortization of intangible assets, acquisition and integration costs, impairment of goodwill and other intangibles, exit and restructuring costs, as well as certain other non-recurring costs (such as the Settlement in the current year).

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

Schedule of Significant Customers as Percentage of Total Net Sales

The approximate percentage of our segment and Company total Net sales to these customers were as follows:

	Year Ended December 31,
	2022						2021						2020
	AIT		EVM		Total		AIT		EVM		Total		AIT		EVM		Total
Customer A	7.2	%	13.5	%	20.7	%	7.3	%	15.0	%	22.3	%	6.5	%	14.2	%	20.7	%
Customer B	5.7	%	9.3	%	15.0	%	5.1	%	8.5	%	13.6	%	4.9	%	9.0	%	13.9	%
Customer C	3.7	%	9.1	%	12.8	%	3.1	%	9.5	%	12.6	%	4.8	%	12.9	%	17.7	%

Schedule of Information Regarding Operations by Geographic Area

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

	Year Ended December 31,
	2022		2021		2020
North America	$	2,919	$	2,819	$	2,319
EMEA	1,920		1,976		1,495
Asia-Pacific	609		543		439
Latin America	333		289		195
Total Net sales	$	5,781	$	5,627	$	4,448

Schedule of Net Sales by Country

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

	Year Ended December 31,
	2022		2021		2020
U.S.	$	2,840	$	2,784	$	2,291
Germany	949		901		595
Other	1,992		1,942		1,562
Total Net sales	$	5,781	$	5,627	$	4,448

Geographic Data for Long-lived Assets

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

	Year Ended December 31,
	2022		2021		2020
North America	$	336	$	290	$	289
EMEA	58		68		68
Asia-Pacific	35		39		45
Latin America	5		6		7
Total long-lived assets	$	434	$	403	$	409