The conventional stress-strength interference(SSI) model is a basic model for reliability analysis of mechanical components. In this model, the component reliability is defined as the probability of the strength being larger than the stress, where the component stress is generally represented by a single random variable(RV). But for a component under multi-operating conditions, its reliability can not be calculated directly by using the SSI model. The problem arises from that the stress on a component under multi-operating conditions can not be described by a single RV properly. Current research concing the SSI model mainly focuses on the calculation of the static or dynamic reliability of the component under single operation condition. To evaluate the component reliability under multi-operating conditions, this paper uses multiple discrete RVs based on the actual stress range of the component firstly. These discrete RVs have identical possible values and different corresponding probability value, which are used to represent the multi-operating conditions of the component. Then the component reliability under each operating condition is calculated, respectively, by employing the discrete SSI model and the universal generating function technique, and from this the discrete SSI model under multi-operating conditions is proposed. Finally the proposed model is applied to evaluate the reliability of a transmission component of the decelerator installed in an aeroengine. The reliability of this component during taking-off, cruising and landing phases of an aircraft are calculated, respectively. With this model, a basic method for reliability analysis of the component under complex load condition is provided, and the application range of the conventional SSI model is extended.