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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Dec. 29, 2023
Sep. 29, 2023
Current assets:    
Cash and cash equivalents $ 1,170 $ 1,661
Accounts receivable, net of allowance for doubtful accounts of $37 and $30, respectively 2,828 2,967
Inventories 2,783 2,552
Prepaid expenses and other current assets 660 712
Total current assets 7,441 7,892
Property, plant, and equipment, net 3,854 3,754
Goodwill 5,836 5,463
Intangible assets, net 1,278 1,175
Deferred income taxes 3,852 2,600
Other assets 810 828
Total assets 23,071 21,712
Current liabilities:    
Short-term debt 613 682
Accounts payable 1,690 1,563
Accrued and other current liabilities 1,708 2,218
Total current liabilities 4,011 4,463
Long-term debt 3,585 3,529
Long-term pension and postretirement liabilities 744 728
Deferred income taxes 188 185
Income taxes 380 365
Other liabilities 914 787
Total liabilities 9,822 10,057
Commitments and contingencies (Note 9)
Redeemable noncontrolling interests 108 104
Equity:    
Common shares, CHF 0.57 par value, 322,470,281 shares authorized and issued 142 142
Accumulated earnings 14,678 12,947
Treasury shares, at cost, 13,050,787 and 10,487,742 shares, respectively (1,695) (1,380)
Accumulated other comprehensive income (loss) 11 (158)
Total TE Connectivity Ltd. shareholders' equity 13,136 11,551
Noncontrolling interests 5  
Equity 13,141 11,551
Total liabilities, redeemable noncontrolling interests, and equity $ 23,071 $ 21,712