Exhibit 99.3
TE CONNECTIVITY PLC
RECONCILIATION OF NON-GAAP FINANCIAL MEASURE TO GAAP FINANCIAL MEASURE
For the Quarter Ended September 27, 2024
(UNAUDITED)
| | | | | Adjustments | | | | | ||||
| | | | Acquisition- | | Restructuring | | | | ||||
| | | | Related | | and Other | | Adjusted | | ||||
| U.S. GAAP | | | Charges | | Charges, Net | | (Non-GAAP) (1) | | ||||
| (in millions) | | |||||||||||
Operating income: | | | | | | | | | | | | | |
Transportation Solutions | $ | 410 | | | $ | — | | $ | 42 | | $ | 452 | |
Industrial Solutions | | 241 | | | | 5 | | | 57 | | | 303 | |
Total | $ | 651 | | | $ | 5 | | $ | 99 | | $ | 755 | |
| | | | | | | | | | | | | |
(1) See description of non-GAAP financial measure. | | ||||||||||||
TE CONNECTIVITY PLC
RECONCILIATION OF NON-GAAP FINANCIAL MEASURE TO GAAP FINANCIAL MEASURE
For the Quarter Ended June 28, 2024
(UNAUDITED)
| | | | | Adjustments | | | | | ||||
| | | | Acquisition- | | Restructuring | | | | ||||
| | | | Related | | and Other | | Adjusted | | ||||
| U.S. GAAP | | | Charges | | Charges, Net | | (Non-GAAP) (1) | | ||||
| (in millions) | | |||||||||||
Operating income: | | | | | | | | | | | | | |
Transportation Solutions | $ | 506 | | | $ | — | | $ | (8) | | $ | 498 | |
Industrial Solutions | | 249 | | | | 5 | | | 14 | | | 268 | |
Total | $ | 755 | | | $ | 5 | | $ | 6 | | $ | 766 | |
| | | | | | | | | | | | | |
(1) See description of non-GAAP financial measure. | | ||||||||||||
TE CONNECTIVITY PLC
RECONCILIATION OF NON-GAAP FINANCIAL MEASURE TO GAAP FINANCIAL MEASURE
For the Quarter Ended March 29, 2024
(UNAUDITED)
| | | | | Adjustments | | | | | ||||
| | | | Acquisition- | | Restructuring | | | | ||||
| | | | Related | | and Other | | Adjusted | | ||||
| U.S. GAAP | | | Charges | | Charges, Net | | (Non-GAAP) (1) | | ||||
| (in millions) | | |||||||||||
Operating income: | | | | | | | | | | | | | |
Transportation Solutions | $ | 477 | | | $ | — | | $ | 19 | | $ | 496 | |
Industrial Solutions | | 215 | | | | 3 | | | 21 | | | 239 | |
Total | $ | 692 | | | $ | 3 | | $ | 40 | | $ | 735 | |
| | | | | | | | | | | | | |
(1) See description of non-GAAP financial measure. | | ||||||||||||
TE CONNECTIVITY PLC
RECONCILIATION OF NON-GAAP FINANCIAL MEASURE TO GAAP FINANCIAL MEASURE
For the Quarter Ended December 29, 2023
(UNAUDITED)
| | | | | Adjustments | | | | | |||||||
| | | | Acquisition- | | Restructuring | | | | | | |||||
| | | | Related | | and Other | | | | Adjusted | | |||||
| U.S. GAAP | | | Charges | | Charges, Net | | Tax Items | | (Non-GAAP) (1) | | |||||
| (in millions) | | ||||||||||||||
Operating income: | | | | | | | | | | | | | | | | |
Transportation Solutions | $ | 487 | | | $ | — | | $ | 14 | | $ | 3 | | $ | 504 | |
Industrial Solutions | | 211 | | | | 8 | | | 7 | | | 1 | | | 227 | |
Total | $ | 698 | | | $ | 8 | | $ | 21 | | $ | 4 | | $ | 731 | |
| | | | | | | | | | | | | | | | |
(1) See description of non-GAAP financial measure. | | |||||||||||||||
TE CONNECTIVITY PLC
RECONCILIATION OF NON-GAAP FINANCIAL MEASURE TO GAAP FINANCIAL MEASURE
For the Quarter Ended September 29, 2023
(UNAUDITED)
| | | | | Adjustments | | | | | ||||
| | | | Acquisition- | | Restructuring | | | | ||||
| | | | Related | | and Other | | Adjusted | | ||||
| U.S. GAAP | | | Charges | | Charges, Net | | (Non-GAAP) (1) | | ||||
| (in millions) | | |||||||||||
Operating income: | | | | | | | | | | | | | |
Transportation Solutions | $ | 420 | | | $ | 1 | | $ | 32 | | $ | 453 | |
Industrial Solutions | | 215 | | | | 6 | | | 25 | | | 246 | |
Total | $ | 635 | | | $ | 7 | | $ | 57 | | $ | 699 | |
| | | | | | | | | | | | | |
(1) See description of non-GAAP financial measure. | | ||||||||||||
TE CONNECTIVITY PLC
RECONCILIATION OF NON-GAAP FINANCIAL MEASURE TO GAAP FINANCIAL MEASURE
For the Quarter Ended June 30, 2023
(UNAUDITED)
| | | | | Adjustments | | | | | ||||
| | | | Acquisition- | | Restructuring | | | | ||||
| | | | Related | | and Other | | Adjusted | | ||||
| U.S. GAAP | | | Charges | | Charges, Net | | (Non-GAAP) (1) | | ||||
| (in millions) | | |||||||||||
Operating income: | | | | | | | | | | | | | |
Transportation Solutions | $ | 436 | | | $ | — | | $ | 27 | | $ | 463 | |
Industrial Solutions | | 194 | | | | 9 | | | 26 | | | 229 | |
Total | $ | 630 | | | $ | 9 | | $ | 53 | | $ | 692 | |
| | | | | | | | | | | | | |
(1) See description of non-GAAP financial measure. | | ||||||||||||
TE CONNECTIVITY PLC
RECONCILIATION OF NON-GAAP FINANCIAL MEASURE TO GAAP FINANCIAL MEASURE
For the Quarter Ended March 31, 2023
(UNAUDITED)
| | | | | Adjustments | | | | | ||||
| | | | Acquisition- | | Restructuring | | | | ||||
| | | | Related | | and Other | | Adjusted | | ||||
| U.S. GAAP | | | Charges | | Charges, Net | | (Non-GAAP) (1) | | ||||
| (in millions) | | |||||||||||
Operating income: | | | | | | | | | | | | | |
Transportation Solutions | $ | 341 | | | $ | — | | $ | 78 | | $ | 419 | |
Industrial Solutions | | 196 | | | | 8 | | | 41 | | | 245 | |
Total | $ | 537 | | | $ | 8 | | $ | 119 | | $ | 664 | |
| | | | | | | | | | | | | |
(1) See description of non-GAAP financial measure. | | ||||||||||||
TE CONNECTIVITY PLC
RECONCILIATION OF NON-GAAP FINANCIAL MEASURE TO GAAP FINANCIAL MEASURE
For the Quarter Ended December 30, 2022
(UNAUDITED)
| | | | | Adjustments | | | | | ||||
| | | | Acquisition- | | Restructuring | | | | ||||
| | | | Related | | and Other | | Adjusted | | ||||
| U.S. GAAP | | | Charges | | Charges, Net | | (Non-GAAP) (1) | | ||||
| (in millions) | | |||||||||||
Operating income: | | | | | | | | | | | | | |
Transportation Solutions | $ | 290 | | | $ | 2 | | $ | 74 | | $ | 366 | |
Industrial Solutions | | 212 | | | | 7 | | | 37 | | | 256 | |
Total | $ | 502 | | | $ | 9 | | $ | 111 | | $ | 622 | |
| | | | | | | | | | | | | |
(1) See description of non-GAAP financial measure. | | ||||||||||||
TE CONNECTIVITY PLC
RECONCILIATION OF NON-GAAP FINANCIAL MEASURE TO GAAP FINANCIAL MEASURE
For the Year Ended September 27, 2024
(UNAUDITED)
| | | | | Adjustments | | | | | |||||||
| | | | Acquisition- | | Restructuring | | | | | | |||||
| | | | Related | | and Other | | | | Adjusted | | |||||
| U.S. GAAP | | | Charges | | Charges, Net | | Tax Items | | (Non-GAAP) (1) | | |||||
| (in millions) | | ||||||||||||||
Operating income: | | | | | | | | | | | | | | | | |
Transportation Solutions | $ | 1,880 | | | $ | — | | $ | 67 | | $ | 3 | | $ | 1,950 | |
Industrial Solutions | | 916 | | | | 21 | | | 99 | | | 1 | | | 1,037 | |
Total | $ | 2,796 | | | $ | 21 | | $ | 166 | | $ | 4 | | $ | 2,987 | |
| | | | | | | | | | | | | | | | |
(1) See description of non-GAAP financial measure. | | |||||||||||||||
TE CONNECTIVITY PLC
RECONCILIATION OF NON-GAAP FINANCIAL MEASURE TO GAAP FINANCIAL MEASURE
For the Year Ended September 29, 2023
(UNAUDITED)
| | | | | Adjustments | | | | | ||||
| | | | Acquisition- | | Restructuring | | | | ||||
| | | | Related | | and Other | | Adjusted | | ||||
| U.S. GAAP | | | Charges | | Charges, Net | | (Non-GAAP) (1) | | ||||
| (in millions) | | |||||||||||
Operating income: | | | | | | | | | | | | | |
Transportation Solutions | $ | 1,487 | | | $ | 3 | | $ | 211 | | $ | 1,701 | |
Industrial Solutions | | 817 | | | | 30 | | | 129 | | | 976 | |
Total | $ | 2,304 | | | $ | 33 | | $ | 340 | | $ | 2,677 | |
| | | | | | | | | | | | | |
(1) See description of non-GAAP financial measure. | | ||||||||||||