XML 61 R50.htm IDEA: XBRL DOCUMENT v3.10.0.1
Tyco Electronics Group S.A. - Operations (Details) - USD ($)
$ in Millions
3 Months Ended 9 Months Ended
Jun. 29, 2018
Jun. 30, 2017
Jun. 29, 2018
Jun. 30, 2017
Tyco Electronics Group S.A.        
Ownership percentage in TEGSA 100.00%   100.00%  
Statement of Operations Detail:        
Net sales $ 3,764 $ 3,367 $ 10,989 $ 9,657
Cost of sales 2,547 2,227 7,352 6,340
Gross margin 1,217 1,140 3,637 3,317
Selling, general, and administrative expenses, net 409 408 1,220 1,182
Research, development, and engineering expenses 181 168 539 485
Acquisition and integration costs 4 1 9 5
Restructuring and other charges, net 65 19 106 125
Operating income 558 544 1,763 1,520
Interest income 3 3 11 14
Interest expense (25) (32) (80) (95)
Other income (expense), net (1) (12) 2 (31)
Income from continuing operations before income taxes 535 503 1,696 1,408
Income tax expense (81) (71) (789) (164)
Income from continuing operations 454 432 907 1,244
Income (loss) from discontinued operations, net of income taxes   3 (3) 5
Net income 454 435 904 1,249
Other comprehensive income (loss) (250) 78 (101) 36
Comprehensive income 204 513 803 1,285
Consolidating Adjustments        
Statement of Operations Detail:        
Equity in net income of subsidiaries (990) (1,037) (2,134) (2,778)
Equity in net income (loss) of subsidiaries of discontinued operations   (7) 6 (23)
Income from continuing operations before income taxes (990) (1,044) (2,128) (2,801)
Income from continuing operations   (1,044) (2,128) (2,801)
Net income (990) (1,044) (2,128) (2,801)
Other comprehensive income (loss) 505 (161) 175 (50)
Comprehensive income (485) (1,205) (1,953) (2,851)
TE Connectivity Ltd. | Consolidating Reportable entities        
Statement of Operations Detail:        
Selling, general, and administrative expenses, net 19 68 107 144
Operating income (19) (68) (107) (144)
Equity in net income of subsidiaries 491 507 1,062 1,409
Equity in net income (loss) of subsidiaries of discontinued operations   3 (3) 5
Intercompany interest income (expense), net (18) (7) (48) (21)
Income from continuing operations before income taxes 454 435 904 1,249
Income from continuing operations   435 904 1,249
Net income 454 435 904 1,249
Other comprehensive income (loss) (250) 78 (101) 36
Comprehensive income 204 513 803 1,285
TEGSA | Consolidating Reportable entities        
Statement of Operations Detail:        
Selling, general, and administrative expenses, net   18 6 (52)
Operating income   (18) (6) 52
Interest income     1  
Interest expense (24) (32) (79) (95)
Equity in net income of subsidiaries 499 530 1,072 1,369
Equity in net income (loss) of subsidiaries of discontinued operations   4 (3) 18
Intercompany interest income (expense), net 16 27 74 83
Income from continuing operations before income taxes 491 511 1,059 1,427
Income from continuing operations   511 1,059 1,427
Income (loss) from discontinued operations, net of income taxes   (1)   (13)
Net income 491 510 1,059 1,414
Other comprehensive income (loss) (250) 78 (101) 36
Comprehensive income 241 588 958 1,450
Other Subsidiaries | Consolidating Reportable entities        
Statement of Operations Detail:        
Net sales 3,764 3,367 10,989 9,657
Cost of sales 2,547 2,227 7,352 6,340
Gross margin 1,217 1,140 3,637 3,317
Selling, general, and administrative expenses, net 390 322 1,107 1,090
Research, development, and engineering expenses 181 168 539 485
Acquisition and integration costs 4 1 9 5
Restructuring and other charges, net 65 19 106 125
Operating income 577 630 1,876 1,612
Interest income 3 3 10 14
Interest expense (1)   (1)  
Other income (expense), net (1) (12) 2 (31)
Intercompany interest income (expense), net 2 (20) (26) (62)
Income from continuing operations before income taxes 580 601 1,861 1,533
Income tax expense (81) (71) (789) (164)
Income from continuing operations   530 1,072 1,369
Income (loss) from discontinued operations, net of income taxes   4 (3) 18
Net income 499 534 1,069 1,387
Other comprehensive income (loss) (255) 83 (74) 14
Comprehensive income $ 244 $ 617 $ 995 $ 1,401