v3.25.4
SEGMENT AND GEOGRAPHIC INFORMATION (Tables)
12 Months Ended
Dec. 31, 2025
Segment Reporting [Abstract]  
Schedule of Segment Reporting Information, by Segment
Information regarding each reportable segment for the periods indicated is set forth below:

Revenue by segment:Year ended December 31
202520242023
% of Total% of Total% of Total
ATS$3,202.4 26%$3,155.5 33%$3,319.8 42%
 CCS
Communications$7,126.4 57%$3,946.7 41%$2,675.6 33%
Enterprise2,062.1 17%2,543.8 26%1,965.6 25%
$9,188.5 74%$6,490.5 67%$4,641.2 58%
Total revenue
$12,390.9 $9,646.0 $7,961.0 

Segment Costs by segment:
Year ended December 31
202520242023
ATS cost of sales
$2,876.1 $2,894.9 $3,044.3 
ATS other Segment Costs
157.2 116.5 120.5 
CCS cost of sales
8,099.8 5,732.1 4,136.4 
CCS other Segment Costs
330.8 279.9 218.2 
Total Segment Costs
$11,463.9 $9,023.4 $7,519.4 
Schedule of Reconciliation of Operating Profit (Loss) from Segments to Consolidated
Segment income, segment margin, and reconciliation of segment income to earnings before income taxes:
Note
Year ended December 31
202520242023
Segment MarginSegment MarginSegment Margin
ATS segment income and margin$169.1 5.3%$144.1 4.6%$155.0 4.7%
CCS segment income and margin757.9 8.2%478.5 7.4%286.6 6.2%
Total segment income$927.0 $622.6 $441.6 
Reconciling items:
Finance costs52.6 52.1 78.9 
Miscellaneous expense (income) (1)
154.9 15.0 (46.6)
FCC Transitional ADJ: (gains)
— (1.3)(1.2)
Employee SBC expense
1269.8 57.4 55.6 
TRS FVAs (gains)12(253.0)(91.0)— 
Amortization of intangible assets (excluding computer software)39.8 38.8 36.8 
Restructuring and other charges, net of recoveries
1429.7 19.4 12.1 
Earnings before income taxes$983.2 $532.2 $306.0 
(1)    Miscellaneous income for 2023 included a favorable TRS FVA of $45.6. Commencing in 2024, TRS FVAs are reported in cost of sales and SG&A.
Schedule of Revenue from External Customers and Long-Lived Assets, by Geographical Areas
The following table details our external revenue allocated by manufacturing location among countries that generated 10% or more of total revenue for the years indicated:
Year ended December 31
202520242023
Thailand59 %53 %46 %
U.S.
10 %**
Malaysia10 %*11 %
* Less than 10%.

    The following table details our allocation of PP&E and operating leases ROU assets among countries that represented 10% or more of total PP&E and operating leases ROU assets for the years indicated:
December 31
20252024
Thailand36%30%
U.S.
18%22%
Malaysia14%12%
Mexico*10%
* Less than 10%.