This paper is a survey of some of the most elementary consequences of the
JSJ-decomposition and geometrization for knot and link complements in the
3-sphere. Formulated in the language of graphs, the result is the construction
of a bijective correspondence between the isotopy classes of links in and
a class of vertex-labelled, finite acyclic graphs, called companionship graphs.
This construction can be thought of as a uniqueness theorem for Schubert’s
satellite operations.' We identify precisely which graphs are companionship graphs of knots and links respectively. We also describe how a large family of operations on knots and links affects companionship graphs. This family of operations is called splicing’ and includes, among others, the operations of:
cabling, connect-sum, Whitehead doubling and the deletion of a component.

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