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Table of Contents AVNET, INC. AND SUBSIDIARIES
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS — (Continued)
______________________
66
Years Ended
June 29,
2013
June 30,
2012
July 2,
2011
(Millions)
Sales:
Electronics Marketing
$
15,094.4
$
14,933.1
$
15,066.2
Technology Solutions
10,364.5
10,774.4
11,468.2
$
25,458.9
$
25,707.5
$
26,534.4
Operating income (loss):
Electronics Marketing
$
624.0
$
751.4
$
832.5
Technology Solutions
278.4
319.3
286.7
Corporate
(126.9
)
(112.9
)
(112.0
)
775.5
957.8
1,007.2
Restructuring, integration and other charges (Note 17)
(149.5
)
(73.6
)
(77.2
)
$
626.0
$
884.2
$
930.0
Assets:
Electronics Marketing
$
6,316.3
$
6,024.3
$
5,890.9
Technology Solutions
3,838.4
3,738.5
3,765.2
Corporate
320.0
405.1
249.5
$
10,474.7
$
10,167.9
$
9,905.6
Capital expenditures:
Electronics Marketing
$
24.1
$
58.5
$
69.8
Technology Solutions
26.6
41.3
57.4
Corporate
46.7
28.8
21.5
$
97.4
$
128.6
$
148.7
Depreciation & amortization expense:
Electronics Marketing
$
51.8
$
38.9
$
28.3
Technology Solutions
47.3
39.2
30.0
Corporate
21.6
23.2
23.1
$
120.7
$
101.3
$
81.4
Sales, by geographic area, are as follows:
Americas
(1)
$
10,716.6
$
11,499.3
$
11,518.5
EMEA
(2)
7,277.9
7,408.9
8,393.4
Asia/Pacific
(3)
7,464.4
6,799.3
6,622.5
$
25,458.9
$
25,707.5
$
26,534.4
Property, plant and equipment, net, by geographic area:
Americas
(4)
$
283.0
$
278.5
$
242.5
EMEA
(5)
177.9
150.8
150.6
Asia/Pacific
31.7
31.9
26.1
$
492.6
$
461.2
$
419.2
(1) Includes sales in the United States of $9.4 billion , $10.0 billion and $10.0 billion for fiscal 2013 , 2012 and 2011
, respectively.
(2) Includes sales in Germany and the United Kingdom of $2.8 billion and $1.2 billion , respectively, for fiscal 2013
. 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 .