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Table of Contents
AVNET, INC. AND SUBSIDIARIES
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS — (Continued)
______________________
65
Years Ended
June 30,
2012
July 2,
2011
July 3,
2010
(Millions)
Sales:
Electronics Marketing
$
14,933.1
$
15,066.2
$
10,966.8
Technology Solutions
10,774.4
11,468.2
8,193.4
$
25,707.5
$
26,534.4
$
19,160.2
Operating income (loss):
Electronics Marketing
$
751.4
$
832.5
$
491.6
Technology Solutions
319.3
286.7
251.7
Corporate
(112.9
)
(112.0
)
(82.3
)
957.8
1,007.2
661.0
Restructuring, integration and other charges (Note 17)
(73.6
)
(77.2
)
(25.4
)
$
884.2
$
930.0
$
635.6
Assets:
Electronics Marketing
$
6,024.3
$
5,890.9
$
4,441.8
Technology Solutions
3,738.5
3,765.2
2,553.8
Corporate
405.1
249.5
786.8
$
10,167.9
$
9,905.6
$
7,782.4
Capital expenditures:
Electronics Marketing
$
58.5
$
69.8
$
30.1
Technology Solutions
41.3
57.4
17.2
Corporate
28.8
21.5
19.6
$
128.6
$
148.7
$
66.9
Depreciation & amortization expense:
Electronics Marketing
$
38.9
$
28.3
$
24.6
Technology Solutions
39.2
30.0
15.7
Corporate
23.2
23.1
20.3
$
101.3
$
81.4
$
60.6
Sales, by geographic area, are as follows:
Americas
(1)
$
11,499.3
$
11,518.5
$
8,367.3
EMEA
(2)
7,408.9
8,393.4
5,948.3
Asia/Pacific
(3)
6,799.3
6,622.5
4,844.6
$
25,707.5
$
26,534.4
$
19,160.2
Property, plant and equipment, net, by geographic area:
Americas
(4)
$
278.5
$
242.5
$
182.2
EMEA
(5)
150.8
150.6
98.5
Asia/Pacific
31.9
26.1
21.9
$
461.2
$
419.2
$
302.6
(1) Includes sales in the United States of $10.0 billion , $10.0 billion and $7.6 billion for fiscal year 2012 , 2011 and 2010
, respectively.
(2) Includes sales in Germany and the United Kingdom of $2.6 billion and $1.4 billion , respectively, for fiscal 2012
. Includes sales in
Germany and the United Kingdom of $3.1 billion and $1.7 billion , respectively, for fiscal 2011
. Includes sales in Germany and the United
Kingdom of $2.1 billion and $1.1 billion , respectively, for fiscal 2010 .