XML 113 R95.htm IDEA: XBRL DOCUMENT v3.5.0.2
Quarterly Financial Data (unaudited) (Details) - USD ($)
$ / shares in Units, $ in Millions
3 Months Ended 12 Months Ended
Sep. 30, 2016
Jun. 24, 2016
Mar. 25, 2016
Dec. 25, 2015
Sep. 25, 2015
Jun. 26, 2015
Mar. 27, 2015
Dec. 26, 2014
Sep. 30, 2016
Sep. 25, 2015
Sep. 26, 2014
Quarterly Financial Data (unaudited)                      
Net sales $ 3,332 $ 3,121 $ 2,952 $ 2,833 $ 2,984 $ 3,118 $ 3,082 $ 3,049 $ 12,238 $ 12,233 $ 11,973
Gross margin 1,104 1,022 962 945 968 1,048 1,051 1,020 4,033 4,087 3,972
Acquisition and integration costs 3 11 3 5 9 8 14 24 22 55 31
Restructuring and other charges (credits), net 30 31 (99) 40 70 19 38 25 2 152 19
Amounts attributable to TE Connectivity Ltd.:                      
Income from continuing operations 437 791 389 324 136 351 316 435 1,941 1,238 1,614
Income (loss) from discontinued operations, net of income taxes   48 (9) 29 904 (42) 283 37 68 1,182 167
Net Income $ 437 839 $ 380 $ 353 1,040 $ 309 $ 599 472 2,009 2,420 1,781
Gain on divestiture                 144    
Income tax benefit associated with settlement of certain U.S. tax matters   1,135     63     189 1,135 264  
Other nonoperating expense, settlement of certain U.S. tax matters   604           83 604 84  
Valuation allowance for certain U.S. tax loss carryforwards and tax credits                 97 (3) $ (239)
Net income tax benefit related to tax settlements in certain other jurisdictions   83             83    
Other nonoperating expense, tax settlement in an other jurisdiction   $ 46             $ 46    
Amortization of fair value adjustments to inventories and customer order backlog               $ 27      
Income tax charges associated with intercompany legal entity restructurings         $ 216         $ 216  
Basic earnings per share attributable to TE Connectivity Ltd.:                      
Income from continuing operations (in dollars per share) $ 1.23 $ 2.22 $ 1.07 $ 0.84 $ 0.34 $ 0.86 $ 0.78 $ 1.07 $ 5.30 $ 3.06 $ 3.94
Net income (in dollars per share) 1.23 2.35 1.04 0.92 2.60 0.76 1.47 1.16 5.49 5.98 4.34
Diluted earnings per share attributable to TE Connectivity Ltd.:                      
Income from continuing operations (in dollars per share) 1.22 2.19 1.06 0.83 0.34 0.85 0.77 1.05 5.26 3.01 3.87
Net income (in dollars per share) $ 1.22 $ 2.32 $ 1.03 $ 0.91 $ 2.57 $ 0.75 $ 1.45 $ 1.14 $ 5.44 $ 5.89 $ 4.27
Certain U.S. Deferred Tax Assets                      
Amounts attributable to TE Connectivity Ltd.:                      
Valuation allowance for certain U.S. tax loss carryforwards and tax credits   $ 91             $ 91    
Circuit Protection Devices                      
Amounts attributable to TE Connectivity Ltd.:                      
Gain on divestiture     $ 146           $ 144