Document jrb5KYw4JQ5Ee1zjkNnrkNzQ
^--- Defense Systems Strategic countermeasures; tactical jamming systems; electronic intelli gence; electronic support measures and radar surveillance.
The principal market for these products is the United Slates Government.
Other Information Operating profit represents net sales less operating expenses for each segment and geographic region and excludes interest expense and income, and general corporate expenses - net.
Identifiable assets for each segment and geographic region represent those assets used in operations, including excess of cost over net assets of businesses acquired, and exclude general corporate assets, which consist principally of short-term investments, deferred income taxes, investments carried at equity, property and other assets.
Net sales to divisions and subsidiaries of one customer, primarily from the Vehicle Components business segment (in millions), were $623 in 1994, $541 in 1993 and $491 in 1992 (10% of sales in 1994, 12% in 1993 and 1992).
GEOGRAPHIC REGION INFORMATION
Untied States
(Millions)
1994 Net sales Operating profit
tentifiable assets
$4,807 491
3,098
Canada
$292 30 119
Europe
$912 50
636
199} Net sales Operating profit Identifiable assets
$3,404 275
1,726
$183 21 lOt
$769 17
548
1992 Net sales Operating profit Identifiable assets
$3,002 201
1,781
$175 20 74
$861 29
630
Results for 1994 reflect the acquisition of DCBU on January 31. 1994.
Operating profit in 1993 was reduced $53 million in the United States and S2 million in Canada by an acquisition integration charge related to the purchase of DCBU. and by a J9 million charge for streamlining operations in Europe
Geographic region information (table above) does not include results of associate companies and joint ventures in which the Company holds a 20%-50% ownership interest, which are accounted for by the equity
method, and which had total sales as follows:
(Million,)
1994 1993 - I9<P
United States
Latin Europe America
Pacific Region
Totals
S8 SIS SIO $240 $273
7 13 15 169 204
6 IS
6 136 166
Latin America
$298 9
156
$202 9
103
$184 8
98
4
& <2
SI
$103 14 57
S 81 10 48
$ 66 6
48
Elimin ations
$360 86
$238 60
$187 59
Totals
$6,052 '94
3.980
$4,401 332
2.466
S4.I0I 264
2.572