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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Mar. 29, 2024
Sep. 29, 2023
Current assets:    
Cash and cash equivalents $ 1,176 $ 1,661
Accounts receivable, net of allowance for doubtful accounts of $38 and $30, respectively 2,874 2,967
Inventories 2,744 2,552
Prepaid expenses and other current assets 710 712
Total current assets 7,504 7,892
Property, plant, and equipment, net 3,799 3,754
Goodwill 5,678 5,463
Intangible assets, net 1,220 1,175
Deferred income taxes 3,813 2,600
Other assets 810 828
Total assets 22,824 21,712
Current liabilities:    
Short-term debt 1,235 682
Accounts payable 1,598 1,563
Accrued and other current liabilities 2,330 2,218
Total current liabilities 5,163 4,463
Long-term debt 2,961 3,529
Long-term pension and postretirement liabilities 736 728
Deferred income taxes 186 185
Income taxes 372 365
Other liabilities 846 787
Total liabilities 10,264 10,057
Commitments and contingencies (Note 9)
Redeemable noncontrolling interests 106 104
Equity:    
Common shares, CHF 0.57 par value, 316,574,781 shares authorized and issued, and 322,470,281 shares authorized and issued, respectively 139 142
Accumulated earnings 13,689 12,947
Treasury shares, at cost, 9,695,361 and 10,487,742 shares, respectively (1,295) (1,380)
Accumulated other comprehensive loss (84) (158)
Total TE Connectivity Ltd. shareholders' equity 12,449 11,551
Noncontrolling interests 5  
Equity 12,454 11,551
Total liabilities, redeemable noncontrolling interests, and equity $ 22,824 $ 21,712