TE Connectivity balance sheet
At the end of fiscal 2025, TE Connectivity had total assets of $25.08bn, total liabilities of $12.35bn and shareholders' equity of $12.59bn. It held $1.25bn in cash against $5.69bn of debt: net debt of $4.44bn.
Balance sheet
| Fiscal year | 2009Sept 2009 | 2010Sept 2010 | 2011Sept 2011 | 2012Sept 2012 | 2013Sept 2013 | 2014Sept 2014 | 2015Sept 2015 | 2016Sept 2016 | 2017Sept 2017 | 2018Sept 2018 | 2019Sept 2019 | 2020Sept 2020 | 2021Sept 2021 | 2022Sept 2022 | 2023Sept 2023 | 2024Sept 2024 | 2025Sept 2025 | LTMJun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | 1.5 | 2.0 | 1.2 | 1.6 | 1.4 | 2.5 | 3.3 | 0.6 | 1.2 | 0.8 | 0.9 | 0.9 | 1.2 | 1.1 | 1.7 | 1.3 | 1.3 | 1.2 |
| Receivables | 2.0 | 2.3 | 2.3 | 2.3 | 2.3 | 2.1 | 2.1 | 2.0 | 2.1 | 2.4 | 2.3 | 2.4 | 2.9 | 2.9 | 3.0 | 3.1 | 3.4 | 3.7 |
| Inventory | 1.4 | 1.6 | 1.9 | 1.8 | 1.8 | 1.5 | 1.6 | 1.6 | 1.6 | 1.9 | 1.8 | 2.0 | 2.5 | 2.7 | 2.6 | 2.5 | 2.7 | 3.0 |
| Total current assets | 5.6 | 6.7 | 7.0 | 6.5 | 6.3 | 8.9 | 7.9 | 4.8 | 5.9 | 6.2 | 5.6 | 5.8 | 7.3 | 7.3 | 7.9 | 7.6 | 8.0 | 8.7 |
| Goodwill | 3.2 | 2.9 | 3.3 | 4.3 | 3.5 | 3.7 | 4.8 | 5.5 | 5.7 | 5.7 | 5.7 | 5.2 | 5.6 | 5.3 | 5.5 | 5.8 | 7.1 | 7.4 |
| Total assets | 16.0 | 17.0 | 17.7 | 19.3 | 18.5 | 20.1 | 20.6 | 17.6 | 19.4 | 20.4 | 19.7 | 19.2 | 21.5 | 20.8 | 21.7 | 22.9 | 25.1 | 26.1 |
| Accounts payable | 1.1 | 1.4 | 1.5 | 1.3 | 1.4 | 1.2 | 1.1 | 1.1 | 1.4 | 1.5 | 1.4 | 1.3 | 1.9 | 1.6 | 1.6 | 1.7 | 2.0 | 2.4 |
| Deferred revenue (current) | 0.2 | 0.2 | 0.1 | 0.1 | 0.1 | 0.2 | 0.2 | 0.2 | 0.0 | 0.0 | 0.0 | 0.0 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | — |
| Total current liabilities | 2.6 | 3.5 | 3.4 | 4.0 | 3.9 | 4.0 | 3.6 | 3.1 | 3.8 | 4.4 | 3.5 | 3.7 | 4.7 | 4.6 | 4.5 | 4.7 | 5.1 | 4.7 |
| Short-term debt | 0.1 | 0.1 | 0.0 | 1.0 | 0.7 | 0.6 | 0.5 | 0.3 | 0.7 | 1.0 | 0.6 | 0.7 | 0.5 | 0.9 | 0.7 | 0.9 | 0.9 | 0.1 |
| Long-term debt | 2.3 | 2.3 | 2.7 | 2.7 | 2.3 | 3.3 | 3.4 | 3.7 | 3.6 | 3.0 | 3.4 | 3.5 | 3.6 | 3.3 | 3.5 | 3.3 | 4.8 | 5.5 |
| Total debt | 2.4 | 2.4 | 2.7 | 3.7 | 3.0 | 3.9 | 3.9 | 4.1 | 4.4 | 4.0 | 4.0 | 4.1 | 4.1 | 4.2 | 4.2 | 4.2 | 5.7 | 5.6 |
| Total liabilities | 9.0 | 9.9 | 10.2 | 11.3 | 10.1 | 11.1 | 11.0 | 9.1 | 9.7 | 9.6 | 9.1 | 9.7 | 10.7 | 9.9 | 10.1 | 10.4 | 12.4 | 12.7 |
| Shareholders' equity | 7.0 | 7.0 | 7.5 | 8.0 | 8.4 | 9.0 | 9.6 | 8.5 | 9.8 | 10.8 | 10.6 | 9.4 | 10.6 | 10.8 | 11.6 | 12.4 | 12.6 | 13.2 |
| Net debt (negative = net cash) | 0.9 | 0.4 | 1.5 | 2.1 | 1.6 | 1.4 | 0.6 | 3.4 | 3.1 | 3.2 | 3.0 | 3.2 | 2.9 | 3.1 | 2.6 | 2.9 | 4.4 | 4.4 |
| Quarter | 2024 Q4Sept 2024 | 2025 Q1Dec 2024 | 2025 Q2Mar 2025 | 2025 Q3Jun 2025 | 2025 Q4Sept 2025 | 2026 Q1Dec 2025 | 2026 Q2Mar 2026 | 2026 Q3Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Receivables | 3.1 | 2.9 | 3.2 | 3.4 | 3.4 | 3.5 | 3.5 | 3.7 |
| Inventory | 2.5 | 2.6 | 2.6 | 2.8 | 2.7 | 3.0 | 3.0 | 3.0 |
| Total current assets | 7.6 | 7.5 | 9.1 | 7.6 | 8.0 | 8.4 | 8.2 | 8.7 |
| Goodwill | 5.8 | 5.8 | 5.9 | 7.3 | 7.1 | 7.2 | 7.4 | 7.4 |
| Total assets | 22.9 | 22.4 | 23.7 | 24.9 | 25.1 | 25.6 | 25.7 | 26.1 |
| Accounts payable | 1.7 | 1.9 | 1.8 | 2.0 | 2.0 | 2.1 | 2.2 | 2.4 |
| Deferred revenue (current) | 0.1 | — | — | — | 0.1 | — | — | — |
| Total current liabilities | 4.7 | 4.5 | 6.0 | 5.0 | 5.1 | 5.1 | 4.4 | 4.7 |
| Short-term debt | 0.9 | 0.9 | 2.4 | 0.9 | 0.9 | 0.9 | 0.1 | 0.1 |
| Long-term debt | 3.3 | 3.3 | 3.3 | 4.8 | 4.8 | 4.9 | 5.6 | 5.5 |
| Total debt | 4.2 | 4.2 | 5.6 | 5.7 | 5.7 | 5.7 | 5.7 | 5.6 |
| Total liabilities | 10.4 | 9.9 | 11.4 | 12.3 | 12.4 | 12.4 | 12.3 | 12.7 |
| Shareholders' equity | 12.4 | 12.4 | 12.1 | 12.4 | 12.6 | 13.0 | 13.2 | 13.2 |
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