TE Connectivity Ltd. (TEL) financial statements (2021 and earlier)

Company profile

Business Address MUHLENSTRASSE 26
SCHAFFHAUSEN, CH-8200
State of Incorp.
Fiscal Year End September 30
SIC 5065 - Electronic Parts and Equipment, Not Elsewhere Classified (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in millions)

12/31/2020
TTM
9/30/2020
9/30/2019
9/30/2018
9/30/2017
9/30/2016
9/30/2015
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments1,0989459278481,2186473,329
Cash and cash equivalents1,0989459278481,2186473,329
Receivables2,6402,3772,3202,3612,2902,0462,120
Inventory, net of allowances, customer advances and progress billings2,0661,9501,8361,8571,8131,5961,615
Inventory2,0661,9501,8361,8571,8131,5961,615
Disposal group, including discontinued operation   472   
Deferred tax assets   345
Other undisclosed current assets677512471661605486478
Total current assets:6,4815,7845,5546,1995,9264,7757,887
Noncurrent Assets
Property, plant and equipment3,7683,6503,5743,4973,4003,0522,920
Intangible assets, net (including goodwill)7,0006,8177,3367,3887,4927,3716,379
Goodwill5,3875,2245,7405,6845,6515,4924,824
Intangible assets, net (excluding goodwill)1,6131,5931,5961,7041,8411,8791,555
Deferred income tax assets2,1982,1782,776
Other noncurrent assets8198134541,158444287314
Deferred tax assets, net2,1442,1412,1112,144
Other undisclosed noncurrent assets     12964
Total noncurrent assets:13,78513,45814,14014,18713,47712,83312,721
TOTAL ASSETS:20,26619,24219,69420,38619,40317,60820,608
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities1,6291,2761,3571,5481,4361,0902,622
Accounts payable1,6291,2761,3571,5481,4361,0901,143
Accrued liabilities      544
Employee-related liabilities      424
Taxes payable      198
Interest and dividends payable      313
Debt685694570963710331500
Restructuring reserve      60
Disposal group, including discontinued operation   188   
Deferred revenue and credits75208185
Deferred tax liabilities   33
Other liabilities1,7691,7201,6131,7111,6261,4371,749
Other undisclosed current liabilities      (1,572)
Total current liabilities:4,0833,6903,5404,4103,8473,0663,577
Noncurrent Liabilities
Long-term debt and lease obligation3,5163,4523,3953,0373,6343,7393,403
Long-term debt, excluding current maturities3,5163,4523,3953,0373,6343,7393,403
Liabilities, other than long-term debt2,4612,3531,9691,8611,8972,0982,113
Deferred tax liabilities, net207236207329
Deferred income tax liabilities144143156
Liability, pension and other postretirement and postemployment benefits1,3291,3361,3671,1021,1601,5021,327
Restructuring reserve39 1926192724
Disposal group, including discontinued operation, liabilities   39   
Other liabilities949874427487482362433
Other undisclosed noncurrent liabilities2272522202472742201,930
Total noncurrent liabilities:6,2046,0575,5845,1455,8056,0577,446
Total liabilities:10,2879,7479,1249,5559,6529,12311,023
Temporary equity, carrying amount118112     
Stockholders' equity
Stockholders' equity attributable to parent9,8619,38310,57010,8319,7518,4859,585
Common stock149149154157157168182
Treasury stock, value(655)(669)(1,337)(1,134)(421)(1,624)(1,256)
Additional paid in capital     1,8014,359
Accumulated other comprehensive loss(305)(445)(503)(306)(160)(542)(373)
Retained earnings10,67210,34812,25612,11410,1758,6826,673
Total stockholders' equity:9,8619,38310,57010,8319,7518,4859,585
TOTAL LIABILITIES AND EQUITY:20,26619,24219,69420,38619,40317,60820,608

Income statement (P&L) ($ in millions)

12/31/2020
TTM
9/30/2020
9/30/2019
9/30/2018
9/30/2017
9/30/2016
9/30/2015
Revenues12,52612,17213,44813,98813,11312,23812,233
Revenue, net13,98813,11312,23812,233
Cost of revenue
(Cost of Goods and Services Sold)
(8,675)(8,437)(9,054)(9,243)(8,663)(8,205)(8,146)
Gross profit:3,8513,7354,3944,7454,4504,0334,087
Operating expenses(2,692)(2,549)(1,745)(1,734)(1,738)(1,588)(2,290)
Other undisclosed operating loss(645)(649)(671)(680)(665)(543)(48)
Operating income:5145371,9782,3312,0471,9021,749
Nonoperating income (expense)
(Other Nonoperating Income (Expense))
142021(9)(632)(55)
Interest and debt expense(51)(48)(68)(107)(130)(127)(136)
Income from continuing operations before equity method investments, income taxes:4775091,9122,2251,9081,1431,558
Other undisclosed income from continuing operations before income taxes12151915201917
Income from continuing operations before income taxes:4895241,9312,2401,9281,1621,575
Income tax expense (benefit)(396)(783)15344(255)779(337)
Income (loss) from continuing operations:93(259)1,9462,5841,6731,9411,238
Income (loss) from discontinued operations2118(102)(19)10681,182
Net income (loss) available to common stockholders, diluted:114(241)1,8442,5651,6832,0092,420

Comprehensive Income ($ in millions)

12/31/2020
TTM
9/30/2020
9/30/2019
9/30/2018
9/30/2017
9/30/2016
9/30/2015
Net income (loss):114(241)1,8442,5651,6832,0092,420
Other comprehensive income (loss)12063(197)(108)382(169)(356)
Comprehensive income (loss):234(178)1,6472,4572,0651,8402,064
Comprehensive loss, net of tax, attributable to noncontrolling interest(11)(5)     
Comprehensive income (loss), net of tax, attributable to parent:223(183)1,6472,4572,0651,8402,064

Statements sources

The financial statements are based on the company's filings with the The U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

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