Pay vs Performance Disclosure | 12 Months Ended |
Dec. 31, 2022 USD ($) | Dec. 31, 2021 USD ($) | Dec. 31, 2020 USD ($) |
Pay vs Performance Disclosure [Table] | | | |
Pay vs Performance [Table Text Block] | Pay Versus Performance Disclosure The following table sets forth information concerning the compensation of our named executive officers (“NEOs”) for each of the fiscal years ended December 31, 2020, 2021 and 2022, and contains certain measures of our financial performance for those fiscal years. Year Summary Compensation Average Average Value of Initial Fixed $100 Net Net GAAP Company DJUSEC 2022(8) 13,955,683 (15,652,877 ) 4,074,316(4 ) (5,362,582 ) 145.06 124.87 1,902 12,623 3.06 2021(9) 13,092,697 51,014,697 3,261,582(5 ) 14,733,296 164.78 151.36 1,590(7 ) 10,876 2.51 2020(10) 8,037,847 25,107,137 3,029,181(6 ) 7,920,727 122.12 120.75 1,203 8,599 1.96 * “Compensation Actually Paid” or CAP to our NEOs represents the “Total” compensation reported in the Summary Compensation Table for the applicable fiscal year, as adjusted as set forth in the tables below, and determined in accordance with SEC rules. For a discussion of how our Compensation Committee assesses performance and our NEOs’ pay each year, please see the Compensation Discussion & Analysis section of the proxy statements reporting pay for the applicable years. (1) In 2022, 2021 and 2020 our PEO, or principal executive officer, was our President and CEO, R. Adam Norwitt. (2) Assumes a $100 fixed investment as of year-end 2019 and continuing through year-end 2020, 2021 or 2022, respectively, and that all dividends, if any, were reinvested. (3) Our selected peer group is the Dow Jones U.S. Electrical Components & Equipment Index (DJUSEC). (4) In 2022, our Non-PEO named executive officers were Craig A. Lampo, Luc Walter, William J. Doherty and Jean-Luc Gavelle. (5) In 2021, our Non-PEO named executive officers were Craig A. Lampo, William J. Doherty, Luc Walter and Jean-Luc Gavelle. (6) In 2020, our Non-PEO named executive officers were Craig A. Lampo, William J. Doherty, Martin W. Booker and Yaobin (Richard) Gu. (7) Includes $21.4 million of net income associated with discontinued operations. (8) Footnote of Adjustments—2022 Adjustments 2022 PEO Average non-PEO Deductions for amounts reported under the “Option Awards” column in the Summary Compensation Table for 2022 (8,424,801 ) (2,396,376 ) Increase based on fair value of awards granted during 2022 that remain unvested as of 12/31/2022, 3,202,233 (131,323 ) Increase based on fair value of awards granted during 2022 that vested during 2022, determined as 0 0 Increase/deduction for awards granted during prior years that were outstanding and unvested as of (10,120,516 ) (2,995,808 ) Increase/deduction for awards granted during prior years that vested during 2022 determined based on the change in fair value from 12/31/2021 to the vesting date (14,265,476 ) (3,913,391 ) Deduction of fair value of awards granted during prior years that were forfeited during 2022 0 0 Increase based on dividends or other earnings paid during 2022 prior to the vesting date 0 0 Increase based on incremental fair value of options/SARS modified during 2022 0 0 Deduction for change in the actuarial present values reported under the “Change in Pension Value (a) 0 0 Increase for service cost and, if applicable, prior service cost for pension plans (b) 0 0 Total Adjustments: (29,608,560 ) (9,436,898 ) (a) In 2006, the Company amended its Pension Plan by freezing accruals effective December 31, 2006 for certain employees, including three of our 2022 NEOs that participated in the Pension Plan, Messrs. Norwitt, Lampo and Walter. Messrs. Doherty and Gavelle do not participate in the Pension Plan. In 2022, there was a decrease in pension values for Messrs. Norwitt, Lampo and Walter because of changes in actuarial assumptions in 2022 as compared to 2021. Notwithstanding that their pension benefits were frozen in 2006, the value of the frozen benefits fluctuates as related actuarial assumptions change. For years in which changes in actuarial assumptions result in a decrease in pension value, rather than report a negative number, a change of $0 is reported, as was the case in the Summary Compensation Table for 2022 compensation. (b) Because the Pension Plan has been frozen for each of our participating NEOs since 2006, the reportable service cost for 2022 is $0. (9) Footnote of Adjustments—2021 Adjustments 2021 PEO Average non-PEO Deductions for amounts reported under the “Option Awards” column in the Summary Compensation Table for 2021 (7,522,140 ) (1,923,728 ) Increase based on fair value of awards granted during 2021 that remain unvested as of 12/31/2021, 7,324,040 1,873,065 Increase based on fair value of awards granted during 2021 that vested during 2021, determined as 0 0 Increase/deduction for awards granted during prior years that were outstanding and unvested as of 37,031,180 11,130,764 Increase/deduction for awards granted during prior years that vested during 2021 determined based 1,088,920 391,613 Deduction of fair value of awards granted during prior years that were forfeited during 2021 0 0 Increase based on dividends or other earnings paid during 2021 prior to the vesting date 0 0 Increase based on incremental fair value of options/SARS modified during 2021 0 0 Deduction for change in the actuarial present values reported under the “Change in Pension Value (a) 0 0 Increase for service cost and, if applicable, prior service cost for pension plans (b) 0 0 Total Adjustments: 37,922,000 11,471,714 (a) In 2006, the Company amended its Pension Plan by freezing accruals effective December 31, 2006 for certain employees, including three of our 2021 NEOs that participated in the Pension Plan, Messrs. Norwitt, Lampo and Walter. Messrs. Doherty and Gavelle do not participate in the Pension Plan. In 2021, there was a decrease in pension values for Messrs. Norwitt, Lampo and Walter because of changes in actuarial assumptions in 2021 as compared to 2020. Notwithstanding that their pension benefits were frozen in 2006, the value of the frozen benefits fluctuates as related actuarial assumptions change. For years in which changes in actuarial assumptions result in a decrease in pension value, rather than report a negative number, a change of $0 is reported, as was the case in the Summary Compensation Table for 2021 compensation. (b) Because the Pension Plan has been frozen for each of our participating NEOs since 2006, the reportable service cost for 2021 is $0. (10) Footnote of Adjustments—2020 Adjustments 2020 PEO Average non-PEO Deductions for amounts reported under the “Option Awards” column in the Summary Compensation Table for 2020 (5,804,250 ) (2,051,925 ) Increase based on fair value of awards granted during 2020 that remain unvested as of 12/31/2020, 8,896,300 3,132,500 Increase based on fair value of awards granted during 2020 that vested during 2020, determined as 0 0 Increase/deduction for awards granted during prior years that were outstanding and unvested as of 21,306,760 5,390,750 Increase/deduction for awards granted during prior years that vested during 2020 determined based (7,297,420 ) (1,568,779 ) Deduction of fair value of awards granted during prior years that were forfeited during 2020 0 0 Increase based on dividends or other earnings paid during 2020 prior to the vesting date 0 0 Increase based on incremental fair value of options/SARS modified during 2020 0 0 Deduction for change in the actuarial present values reported under the “Change in Pension Value (a) (32,100 ) (11,000 ) Increase for service cost and, if applicable, prior service cost for pension plans (b) 0 0 Total Adjustments: 17,069,290 4,891,546 (a) In 2006, the Company amended its Pension Plan by freezing accruals effective December 31, 2006 for certain employees, including three of our 2020 NEOs that participated in the Pension Plan, Messrs. Norwitt, Lampo and Booker. Messrs. Doherty and Gu do not participate in the Pension Plan. In 2020, there was an increase in pension values for Messrs. Norwitt, Lampo and Booker because of changes in actuarial assumptions in 2020 as compared to 2019. Notwithstanding that their pension benefits were frozen in 2006, the value of the frozen benefits fluctuates as related actuarial assumptions change. (b) Because the Pension Plan has been frozen for each of our participating NEOs since 2006, the reportable service cost for 2020 is $0. | | |
Company Selected Measure Name | GAAP Diluted EPS | | |
Named Executive Officers, Footnote [Text Block] | (1) In 2022, 2021 and 2020 our PEO, or principal executive officer, was our President and CEO, R. Adam Norwitt. (2) Assumes a $100 fixed investment as of year-end 2019 and continuing through year-end 2020, 2021 or 2022, respectively, and that all dividends, if any, were reinvested. (3) Our selected peer group is the Dow Jones U.S. Electrical Components & Equipment Index (DJUSEC). (4) In 2022, our Non-PEO named executive officers were Craig A. Lampo, Luc Walter, William J. Doherty and Jean-Luc Gavelle. (5) In 2021, our Non-PEO named executive officers were Craig A. Lampo, William J. Doherty, Luc Walter and Jean-Luc Gavelle. (6) In 2020, our Non-PEO named executive officers were Craig A. Lampo, William J. Doherty, Martin W. Booker and Yaobin (Richard) Gu. | | |
Peer Group Issuers, Footnote [Text Block] | (2) Assumes a $100 fixed investment as of year-end 2019 and continuing through year-end 2020, 2021 or 2022, respectively, and that all dividends, if any, were reinvested. (3) Our selected peer group is the Dow Jones U.S. Electrical Components & Equipment Index (DJUSEC). | | |
PEO Total Compensation Amount | $ 13,955,683 | $ 13,092,697 | $ 8,037,847 |
PEO Actually Paid Compensation Amount | $ (15,652,877) | 51,014,697 | 25,107,137 |
Adjustment To PEO Compensation, Footnote [Text Block] | (8) Footnote of Adjustments—2022 Adjustments 2022 PEO Average non-PEO Deductions for amounts reported under the “Option Awards” column in the Summary Compensation Table for 2022 (8,424,801 ) (2,396,376 ) Increase based on fair value of awards granted during 2022 that remain unvested as of 12/31/2022, 3,202,233 (131,323 ) Increase based on fair value of awards granted during 2022 that vested during 2022, determined as 0 0 Increase/deduction for awards granted during prior years that were outstanding and unvested as of (10,120,516 ) (2,995,808 ) Increase/deduction for awards granted during prior years that vested during 2022 determined based on the change in fair value from 12/31/2021 to the vesting date (14,265,476 ) (3,913,391 ) Deduction of fair value of awards granted during prior years that were forfeited during 2022 0 0 Increase based on dividends or other earnings paid during 2022 prior to the vesting date 0 0 Increase based on incremental fair value of options/SARS modified during 2022 0 0 Deduction for change in the actuarial present values reported under the “Change in Pension Value (a) 0 0 Increase for service cost and, if applicable, prior service cost for pension plans (b) 0 0 Total Adjustments: (29,608,560 ) (9,436,898 ) (a) In 2006, the Company amended its Pension Plan by freezing accruals effective December 31, 2006 for certain employees, including three of our 2022 NEOs that participated in the Pension Plan, Messrs. Norwitt, Lampo and Walter. Messrs. Doherty and Gavelle do not participate in the Pension Plan. In 2022, there was a decrease in pension values for Messrs. Norwitt, Lampo and Walter because of changes in actuarial assumptions in 2022 as compared to 2021. Notwithstanding that their pension benefits were frozen in 2006, the value of the frozen benefits fluctuates as related actuarial assumptions change. For years in which changes in actuarial assumptions result in a decrease in pension value, rather than report a negative number, a change of $0 is reported, as was the case in the Summary Compensation Table for 2022 compensation. (b) Because the Pension Plan has been frozen for each of our participating NEOs since 2006, the reportable service cost for 2022 is $0. (9) Footnote of Adjustments—2021 Adjustments 2021 PEO Average non-PEO Deductions for amounts reported under the “Option Awards” column in the Summary Compensation Table for 2021 (7,522,140 ) (1,923,728 ) Increase based on fair value of awards granted during 2021 that remain unvested as of 12/31/2021, 7,324,040 1,873,065 Increase based on fair value of awards granted during 2021 that vested during 2021, determined as 0 0 Increase/deduction for awards granted during prior years that were outstanding and unvested as of 37,031,180 11,130,764 Increase/deduction for awards granted during prior years that vested during 2021 determined based 1,088,920 391,613 Deduction of fair value of awards granted during prior years that were forfeited during 2021 0 0 Increase based on dividends or other earnings paid during 2021 prior to the vesting date 0 0 Increase based on incremental fair value of options/SARS modified during 2021 0 0 Deduction for change in the actuarial present values reported under the “Change in Pension Value (a) 0 0 Increase for service cost and, if applicable, prior service cost for pension plans (b) 0 0 Total Adjustments: 37,922,000 11,471,714 (a) In 2006, the Company amended its Pension Plan by freezing accruals effective December 31, 2006 for certain employees, including three of our 2021 NEOs that participated in the Pension Plan, Messrs. Norwitt, Lampo and Walter. Messrs. Doherty and Gavelle do not participate in the Pension Plan. In 2021, there was a decrease in pension values for Messrs. Norwitt, Lampo and Walter because of changes in actuarial assumptions in 2021 as compared to 2020. Notwithstanding that their pension benefits were frozen in 2006, the value of the frozen benefits fluctuates as related actuarial assumptions change. For years in which changes in actuarial assumptions result in a decrease in pension value, rather than report a negative number, a change of $0 is reported, as was the case in the Summary Compensation Table for 2021 compensation. (b) Because the Pension Plan has been frozen for each of our participating NEOs since 2006, the reportable service cost for 2021 is $0. (10) Footnote of Adjustments—2020 Adjustments 2020 PEO Average non-PEO Deductions for amounts reported under the “Option Awards” column in the Summary Compensation Table for 2020 (5,804,250 ) (2,051,925 ) Increase based on fair value of awards granted during 2020 that remain unvested as of 12/31/2020, 8,896,300 3,132,500 Increase based on fair value of awards granted during 2020 that vested during 2020, determined as 0 0 Increase/deduction for awards granted during prior years that were outstanding and unvested as of 21,306,760 5,390,750 Increase/deduction for awards granted during prior years that vested during 2020 determined based (7,297,420 ) (1,568,779 ) Deduction of fair value of awards granted during prior years that were forfeited during 2020 0 0 Increase based on dividends or other earnings paid during 2020 prior to the vesting date 0 0 Increase based on incremental fair value of options/SARS modified during 2020 0 0 Deduction for change in the actuarial present values reported under the “Change in Pension Value (a) (32,100 ) (11,000 ) Increase for service cost and, if applicable, prior service cost for pension plans (b) 0 0 Total Adjustments: 17,069,290 4,891,546 (a) In 2006, the Company amended its Pension Plan by freezing accruals effective December 31, 2006 for certain employees, including three of our 2020 NEOs that participated in the Pension Plan, Messrs. Norwitt, Lampo and Booker. Messrs. Doherty and Gu do not participate in the Pension Plan. In 2020, there was an increase in pension values for Messrs. Norwitt, Lampo and Booker because of changes in actuarial assumptions in 2020 as compared to 2019. Notwithstanding that their pension benefits were frozen in 2006, the value of the frozen benefits fluctuates as related actuarial assumptions change. (b) Because the Pension Plan has been frozen for each of our participating NEOs since 2006, the reportable service cost for 2020 is $0. | | |
Non-PEO NEO Average Total Compensation Amount | $ 4,074,316 | 3,261,582 | 3,029,181 |
Non-PEO NEO Average Compensation Actually Paid Amount | $ (5,362,582) | 14,733,296 | 7,920,727 |
Compensation Actually Paid vs. Total Shareholder Return [Text Block] | This graph assumes that $100 was invested in our Common Stock and the DJUSEC index on December 31, 2019, reflects reinvested dividends, and is weighted on a market capitalization basis as of the beginning of each year. Each reported data point represents the last trading day of each calendar year. The comparisons in the graph are based upon historical data and are not indicative of, nor intended to forecast, future performance. | | |
Compensation Actually Paid vs. Net Income [Text Block] | | | |
Compensation Actually Paid vs. Company Selected Measure [Text Block] | | | |
Tabular List [Table Text Block] | Pay Versus Performance Tabular List We believe the following performance measures represent the most important financial performance measures used by us to link compensation actually paid to our NEOs for the fiscal year ended December 31, 2022: For our CEO and CFO For our Division Presidents Net Sales Growth for the Company Net Sales Growth for the relevant Division Adjusted Diluted EPS Growth Adjusted Operating Income Growth for the relevant Division Performance to Budget For additional details regarding our most important financial performance measures, please see Performance-Based Incentive Plans in the Compensation Discussion and Analysis on page 33 and see Explanation of Non-GAAP Financial Measures on page 36 to see items excluded. | | |
Total Shareholder Return Amount | $ 145.06 | 164.78 | 122.12 |
Peer Group Total Shareholder Return Amount | 124.87 | 151.36 | 120.75 |
Net Income (Loss) | $ 1,902,000,000 | $ 1,590,000,000 | $ 1,203,000,000 |
Company Selected Measure Amount | 3.06 | 2.51 | 1.96 |
PEO Name | R. Adam Norwitt. | | |
Revenues | $ 12,623,000,000 | $ 10,876,000,000 | $ 8,599,000,000 |
Discontinued Operation, Tax Effect of Discontinued Operation | $ 21.4 | | |
Measure [Axis]: 1 | | | |
Pay vs Performance Disclosure [Table] | | | |
Compensation Actually Paid vs. Other Measure [Text Block] | | | |
Measure Name | Net Sales Growth for the Company | | |
Measure [Axis]: 2 | | | |
Pay vs Performance Disclosure [Table] | | | |
Measure Name | Net Sales Growth for the relevant Division | | |
Measure [Axis]: 3 | | | |
Pay vs Performance Disclosure [Table] | | | |
Measure Name | Adjusted Diluted EPS Growth | | |
Measure [Axis]: 4 | | | |
Pay vs Performance Disclosure [Table] | | | |
Measure Name | Adjusted Operating Income Growth for the relevant Division | | |
Measure [Axis]: 5 | | | |
Pay vs Performance Disclosure [Table] | | | |
Measure Name | Performance to Budget | | |
PEO [Member] | | | |
Pay vs Performance Disclosure [Table] | | | |
Adjustment to Compensation Amount | $ (29,608,560) | 37,922,000 | 17,069,290 |
PEO [Member] | Total Net Adjustments For Equity Awards [Member] | | | |
Pay vs Performance Disclosure [Table] | | | |
Adjustment to Compensation Amount | (8,424,801) | (7,522,140) | (5,804,250) |
PEO [Member] | Fair Value Of Awards Granted In The Current Fiscal Year [Member] | | | |
Pay vs Performance Disclosure [Table] | | | |
Adjustment to Compensation Amount | 3,202,233 | 7,324,040 | 8,896,300 |
PEO [Member] | Fair Value of Equity Awards Granted During Year That Vested During The Year [Member] | | | |
Pay vs Performance Disclosure [Table] | | | |
Adjustment to Compensation Amount | 0 | 0 | 0 |
PEO [Member] | Increase and Deduction For Awards Granted During Prior Years That Were Outstanding And Unvested [Member] | | | |
Pay vs Performance Disclosure [Table] | | | |
Adjustment to Compensation Amount | (10,120,516) | 37,031,180 | 21,306,760 |
PEO [Member] | Increase And Deduction For Awards Granted During Prior Years That Vested [Member] | | | |
Pay vs Performance Disclosure [Table] | | | |
Adjustment to Compensation Amount | (14,265,476) | 1,088,920 | (7,297,420) |
PEO [Member] | Fair Value of Awards Granted During Prior Year That Were Forfeited [Member] | | | |
Pay vs Performance Disclosure [Table] | | | |
Adjustment to Compensation Amount | 0 | 0 | 0 |
PEO [Member] | Increase Based On Dividends or Other Earnings Paid [Member] | | | |
Pay vs Performance Disclosure [Table] | | | |
Adjustment to Compensation Amount | 0 | 0 | 0 |
PEO [Member] | Increase Based On Incremental Fair Value Of Options [Member] | | | |
Pay vs Performance Disclosure [Table] | | | |
Adjustment to Compensation Amount | 0 | 0 | 0 |
PEO [Member] | Change In Pension Value And Non Qualified Deferred Compensation Earnings [Member] | | | |
Pay vs Performance Disclosure [Table] | | | |
Adjustment to Compensation Amount | 0 | 0 | (32,100) |
PEO [Member] | Increase for Service Costs And, If applicable, Prior Service Costs For Pension Plans [Member] | | | |
Pay vs Performance Disclosure [Table] | | | |
Adjustment to Compensation Amount | 0 | 0 | 0 |
Non-PEO NEO [Member] | | | |
Pay vs Performance Disclosure [Table] | | | |
Adjustment to Compensation Amount | (9,436,898) | 11,471,714 | 4,891,546 |
Non-PEO NEO [Member] | Total Net Adjustments For Equity Awards [Member] | | | |
Pay vs Performance Disclosure [Table] | | | |
Adjustment to Compensation Amount | (2,396,376) | (1,923,728) | (2,051,925) |
Non-PEO NEO [Member] | Fair Value Of Awards Granted In The Current Fiscal Year [Member] | | | |
Pay vs Performance Disclosure [Table] | | | |
Adjustment to Compensation Amount | (131,323) | 1,873,065 | 3,132,500 |
Non-PEO NEO [Member] | Fair Value of Equity Awards Granted During Year That Vested During The Year [Member] | | | |
Pay vs Performance Disclosure [Table] | | | |
Adjustment to Compensation Amount | 0 | 0 | 0 |
Non-PEO NEO [Member] | Increase and Deduction For Awards Granted During Prior Years That Were Outstanding And Unvested [Member] | | | |
Pay vs Performance Disclosure [Table] | | | |
Adjustment to Compensation Amount | (2,995,808) | 11,130,764 | 5,390,750 |
Non-PEO NEO [Member] | Increase And Deduction For Awards Granted During Prior Years That Vested [Member] | | | |
Pay vs Performance Disclosure [Table] | | | |
Adjustment to Compensation Amount | (3,913,391) | 391,613 | (1,568,779) |
Non-PEO NEO [Member] | Fair Value of Awards Granted During Prior Year That Were Forfeited [Member] | | | |
Pay vs Performance Disclosure [Table] | | | |
Adjustment to Compensation Amount | 0 | 0 | 0 |
Non-PEO NEO [Member] | Increase Based On Dividends or Other Earnings Paid [Member] | | | |
Pay vs Performance Disclosure [Table] | | | |
Adjustment to Compensation Amount | 0 | 0 | 0 |
Non-PEO NEO [Member] | Increase Based On Incremental Fair Value Of Options [Member] | | | |
Pay vs Performance Disclosure [Table] | | | |
Adjustment to Compensation Amount | 0 | 0 | 0 |
Non-PEO NEO [Member] | Change In Pension Value And Non Qualified Deferred Compensation Earnings [Member] | | | |
Pay vs Performance Disclosure [Table] | | | |
Adjustment to Compensation Amount | 0 | 0 | (11,000) |
Non-PEO NEO [Member] | Increase for Service Costs And, If applicable, Prior Service Costs For Pension Plans [Member] | | | |
Pay vs Performance Disclosure [Table] | | | |
Adjustment to Compensation Amount | $ 0 | $ 0 | $ 0 |