| Schedule of total sales, intersegment sales and external net sales by segment and a reconciliation by segment of external net sales to segment operating income. |
The following tables (i) summarize, by segment, total sales, intersegment sales and external net sales and (ii) reconcile each segment’s external net sales to their respective segment operating income, including segment operating expenses, for the three and nine months ended September 30, 2026 and 2025: | | | | | | | | | | | | | | | Communications Solutions | | Harsh Environment Solutions | | Interconnect and Sensor Systems | | Total | Three Months Ended September 30, 2026 | | | | | | | | | | | | | Total sales | | $ | 6,629.9 | | $ | 2,087.8 | | $ | 1,633.2 | | $ | 10,350.9 | Less: Intersegment sales | | | 46.9 | | | 45.7 | | | 28.6 | | | 121.2 | External net sales | | | 6,583.0 | | | 2,042.1 | | | 1,604.6 | | | 10,229.7 | | | | | | | | | | | | | | Less: Segment operating expenses (1) | | | 4,402.6 | | | 1,427.1 | | | 1,283.9 | | | 7,113.6 | Segment operating income | | $ | 2,180.4 | | $ | 615.0 | | $ | 320.7 | | $ | 3,116.1 | | | | | | | | | | | | | | Nine Months Ended September 30, 2026 | | | | | | | | | | | | | Total sales | | $ | 16,618.1 | | $ | 5,711.4 | | $ | 4,593.2 | | $ | 26,922.7 | Less: Intersegment sales | | | 116.8 | | | 119.4 | | | 78.6 | | | 314.8 | External net sales | | | 16,501.3 | | | 5,592.0 | | | 4,514.6 | | | 26,607.9 | | | | | | | | | | | | | | Less: Segment operating expenses (1) | | | 11,123.3 | | | 3,944.4 | | | 3,593.3 | | | 18,661.0 | Segment operating income | | $ | 5,378.0 | | $ | 1,647.6 | | $ | 921.3 | | $ | 7,946.9 |
_____________________________ | (1) | The aggregated amount is comprised of cost of sales, selling, general and administrative expenses, and other segment related expenses. |
| | | | | | | | | | | | | | | Communications Solutions | | Harsh Environment Solutions | | Interconnect and Sensor Systems | | Total | Three Months Ended September 30, 2025 | | | | | | | | | | | | | Total sales | | $ | 3,343.0 | | $ | 1,547.5 | | $ | 1,384.6 | | $ | 6,275.1 | Less: Intersegment sales | | | 33.5 | | | 31.7 | | | 15.5 | | | 80.7 | External net sales | | | 3,309.5 | | | 1,515.8 | | | 1,369.1 | | | 6,194.4 | | | | | | | | | | | | | | Less: Segment operating expenses (1) | | | 2,228.2 | | | 1,104.9 | | | 1,094.7 | | | 4,427.8 | Segment operating income | | $ | 1,081.3 | | $ | 410.9 | | $ | 274.4 | | $ | 1,766.6 | | | | | | | | | | | | | | Nine Months Ended September 30, 2025 | | | | | | | | | | | | | Total sales | | $ | 8,706.5 | | $ | 4,318.2 | | $ | 3,834.2 | | $ | 16,858.9 | Less: Intersegment sales | | | 73.5 | | | 88.9 | | | 40.8 | | | 203.2 | External net sales | | | 8,633.0 | | | 4,229.3 | | | 3,793.4 | | | 16,655.7 | | | | | | | | | | | | | | Less: Segment operating expenses (1) | | | 6,000.2 | | | 3,143.5 | | | 3,062.2 | | | 12,205.9 | Segment operating income | | $ | 2,632.8 | | $ | 1,085.8 | | $ | 731.2 | | $ | 4,449.8 |
_____________________________ | (1) | The aggregated amount is comprised of cost of sales, selling, general and administrative expenses, and other segment related expenses. |
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| Schedule of the reconciliation of segment operating income to consolidated income before income taxes |
| | | | | | | | | | | | | | | Three Months Ended | | Nine Months Ended | | | September 30, | | September 30, | | | 2026 | | 2025 | | 2026 | | 2025 | Total segment operating income | | $ | 3,116.1 | | $ | 1,766.6 | | $ | 7,946.9 | | $ | 4,449.8 | | | | | | | | | | | | | | Corporate / Other: | | | | | | | | | | | | | Stock-based compensation expense | | | (47.0) | | | (36.9) | | | (126.6) | | | (94.8) | Amortization of acquisition-related inventory step-up costs | | | — | | | — | | | (132.0) | | | (77.8) | Acquisition-related expenses | | | (15.5) | | | — | | | (155.9) | | | (56.0) | Other operating expenses | | | (32.8) | | | (27.4) | | | (95.2) | | | (75.3) | Operating income | | | 3,020.8 | | | 1,702.3 | | | 7,437.2 | | | 4,145.9 | | | | | | | | | | | | | | Interest expense | | | (212.3) | | | (80.7) | | | (633.9) | | | (238.1) | Other income (expense), net | | | 20.7 | | | 19.3 | | | 59.9 | | | 44.1 | | | | | | | | | | | | | | Income before income taxes | | $ | 2,829.2 | | $ | 1,640.9 | | $ | 6,863.2 | | $ | 3,951.9 |
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