| Income Statement | 2025-09-26 | 2024-09-27 | 2023-09-29 | 2022-09-30 |
|---|---|---|---|---|
| Income (loss) from discontinued operations, net of income taxes | -1 | -1 | 6 | 1 |
| Interest income | 83 | 87 | 60 | 15 |
| Interest expense | 77 | 70 | 80 | 66 |
| Other expense, net | -13 | -16 | -16 | 28 |
| Cost of sales | 11,183 | 10,389 | 10,979 | 11,037 |
| Net sales | 17,262 | 15,845 | 16,034 | 16,281 |
| Gross margin | 6,079 | 5,456 | 5,055 | 5,244 |
| Acquisition and integration costs | 47 | 21 | 33 | 45 |
| Restructuring charges, net | 113 | 144 | 260 | - |
| (gain) loss on divestitures and impairment of held for sale business, net | -1 | -10 | 77 | - |
| Costs related to change in place of incorporation | 11 | 20 | - | - |
| Other charges, net | 3 | 12 | 3 | - |
| Restructuring and other charges, net | 126 | 166 | 340 | 141 |
| Selling, general, and administrative expenses | 1,866 | 1,732 | 1,670 | 1,584 |
| Research, development, and engineering expenses | 829 | 741 | 708 | 718 |
| Operating income | 3,211 | 2,796 | 2,304 | 2,756 |
| Income from continuing operations before income taxes | 3,204 | 2,797 | 2,268 | 2,733 |
| Income tax (expense) benefit | 1,361 | -397 | 364 | 306 |
| Income from continuing operations | 1,843 | 3,194 | 1,904 | 2,427 |
| Net income | 1,842 | 3,193 | 1,910 | 2,428 |
| Earnings per share, basic | 6.2 | 10.4 | 6.06 | 7.52 |
| Earnings per share, diluted | 6.16 | 10.33 | 6.03 | 7.47 |
| Weighted average number of shares outstanding, basic | 297,000,000 | 307,000,000 | 315,000,000 | 323,000,000 |
| Weighted average number of shares outstanding, diluted | 299,000,000 | 309,000,000 | 317,000,000 | 325,000,000 |
TE Connectivity plc (TEL)
TE Connectivity plc (TEL)