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Description of business, including segment and geographic area information
9 Months Ended
Sep. 30, 2024
Segment Reporting [Abstract]  
Description of business, including segment and geographic area information Description of business, including segment and geographic area information
We design and manufacture semiconductors that we sell to electronics designers and manufacturers all over the world. We have two reportable segments, Analog and Embedded Processing, each of which represents groups of similar products that are combined on the basis of similar design and development requirements, product characteristics, manufacturing processes and distribution channels. Our segments also reflect how management allocates resources and measures results.
Analog semiconductors change real-world signals, such as sound, temperature, pressure or images, by conditioning them, amplifying them and often converting them to a stream of digital data that can be processed by other semiconductors, such as embedded processors. Analog semiconductors are also used to manage power in all electronic equipment by converting, distributing, storing, discharging, isolating and measuring electrical energy, whether the equipment is plugged into a wall or using a battery. Our Analog segment consists of two major product lines: Power and Signal Chain.
Embedded Processing products are the digital “brains” of many types of electronic equipment. They are designed to handle specific tasks and can be optimized for various combinations of performance, power and cost, depending on the application.
We report the results of our remaining business activities in Other. Other includes operating segments that do not meet the quantitative thresholds for individually reportable segments and cannot be aggregated with other operating segments. Other includes DLP® products, calculators and custom ASIC products.
Our centralized manufacturing and support organizations, such as facilities, procurement and logistics, provide support to our operating segments, including those in Other. Costs incurred by these organizations, including depreciation, are charged to the segments on a per-unit basis. Consequently, depreciation expense is not an independently identifiable component within the segments’ results and, therefore, is not provided.
Segment information
For Three Months EndedFor Nine Months Ended
September 30,September 30,
 2024202320242023
Revenue:    
Analog$3,223 $3,353 $8,987 $9,920 
Embedded Processing653 890 1,920 2,616 
Other275 289 727 906 
Total revenue$4,151 $4,532 $11,634 $13,442 
Operating profit:
Analog$1,316 $1,504 $3,371 $4,541 
Embedded Processing109 258 294 813 
Other (a)129 130 423 444 
Total operating profit$1,554 $1,892 $4,088 $5,798 
(a)Includes restructuring charges/other
Geographic area information
Our estimate for revenue based on the geographic location of our end customers’ headquarters, which represents where critical decisions are made, is as follows:
For Three Months EndedFor Nine Months Ended
September 30,September 30,
2024202320242023
Revenue:
United States$1,639 39 %$1,541 34 %$4,335 37 %$4,391 33 %
China823 20 813 18 2,191 19 2,561 19 
Rest of Asia431 10 434 10 1,249 11 1,263 10 
Europe, Middle East and Africa (a)880 21 1,193 26 2,733 23 3,657 27 
Japan313 8 455 10 935 8 1,373 10 
Rest of world65 2 96 191 2 197 
Total revenue$4,151 100 %$4,532 100 %$11,634 100 %$13,442 100 %
(a)Revenue from end customers headquartered in Germany was 11% and 13% in the third quarters of 2024 and 2023, respectively, and 12% and 13% in the first nine months of 2024 and 2023, respectively.