XML 52 R4.htm IDEA: XBRL DOCUMENT v3.20.1
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Mar. 27, 2020
Sep. 27, 2019
Current assets:    
Cash and cash equivalents $ 796 $ 927
Accounts receivable, net of allowance for doubtful accounts of $32 and $25, respectively 2,461 2,320
Inventories 2,001 1,836
Prepaid expenses and other current assets 457 471
Total current assets 5,715 5,554
Property, plant, and equipment, net 3,558 3,574
Goodwill 5,235 5,740
Intangible assets, net 1,547 1,596
Deferred income taxes 2,382 2,776
Other assets 930 454
Total assets 19,367 19,694
Current liabilities:    
Short-term debt 603 570
Accounts payable 1,390 1,357
Accrued and other current liabilities 1,966 1,613
Total current liabilities 3,959 3,540
Long-term debt 3,752 3,395
Long-term pension and postretirement liabilities 1,359 1,367
Deferred income taxes 126 156
Income taxes 228 239
Other liabilities 772 427
Total liabilities 10,196 9,124
Commitments and contingencies (Note 10)
TE Connectivity Ltd. shareholders' equity    
Common shares, CHF 0.57 par value, 350,951,381 shares authorized and issued 154 154
Accumulated earnings 11,122 12,256
Treasury shares, at cost, 19,877,795 and 15,862,337 shares, respectively (1,639) (1,337)
Accumulated other comprehensive loss (571) (503)
Total TE Connectivity Ltd. shareholders' equity 9,066 10,570
Noncontrolling interests 105  
Total equity 9,171 10,570
Total liabilities and equity $ 19,367 $ 19,694