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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Sep. 25, 2015
Sep. 26, 2014
Current assets:    
Cash and cash equivalents $ 3,329 $ 2,457
Accounts receivable, net of allowance for doubtful accounts of $18 and $14, respectively 2,120 2,057
Inventories 1,615 1,509
Prepaid expenses and other current assets 478 519
Deferred income taxes 345 324
Assets held for sale   2,013
Total current assets 7,887 8,879
Property, plant, and equipment, net 2,920 2,920
Goodwill 4,824 3,726
Intangible assets, net 1,555 1,087
Deferred income taxes 2,144 2,047
Receivable from Tyco International plc and Covidien plc 964 1,037
Other assets 314 456
Total Assets 20,608 20,152
Current liabilities:    
Current maturities of long-term debt 500 577
Accounts payable 1,143 1,230
Accrued and other current liabilities 1,749 1,594
Deferred revenue 185 176
Liabilities held for sale   416
Total current liabilities 3,577 3,993
Long-term debt 3,403 3,281
Long-term pension and postretirement liabilities 1,327 1,280
Deferred income taxes 329 229
Income taxes 1,954 2,044
Other liabilities 433 312
Total Liabilities $ 11,023 $ 11,139
Commitments and contingencies (Note 13)
TE Connectivity Ltd. shareholders' equity:    
Common shares, 414,064,381 shares authorized and issued, CHF 0.57 par value, and 419,070,781 shares authorized and issued, CHF 0.57 par value, respectively $ 182 $ 184
Contributed surplus 4,359 5,231
Accumulated earnings 6,673 4,253
Treasury shares, at cost, 20,071,089 and 11,383,631 shares, respectively (1,256) (644)
Accumulated other comprehensive loss (373) (17)
Total TE Connectivity Ltd. Shareholders' equity 9,585 9,007
Noncontrolling interests   6
Total Equity 9,585 9,013
Total Liabilities and Equity $ 20,608 $ 20,152