← TE Connectivity plc

Annual Trend FY 2016 FY 2017 FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025
Cash flows from operating activities:
Adjustments to reconcile net income to net cash provided by operating activities:
Net Income (Loss) Attributable to Parent $2.0b $1.7b $2.6b $1.8b ($241.0m) $2.3b $2.4b $1.9b $3.2b $1.8b
(Income) loss from discontinued operations, net of income taxes ($68.0m) ($10.0m) $19.0m $102.0m ($18.0m) ($6.0m) ($1.0m) ($6.0m) $1.0m $1.0m
Income from continuing operations $1.9b $1.7b $2.6b $1.9b ($259.0m) $2.3b $2.4b $1.9b $3.2b $1.8b
Income (Loss) from Continuing Operations, Net of Tax, Attributable to Parent $1.9b $1.7b $2.6b $1.9b ($259.0m) $2.3b $2.4b $1.9b — —
Income (Loss) from Continuing Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest — — — — — — — — $3.2b $1.8b
Income (Loss) from Discontinued Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest $68.0m $10.0m ($19.0m) ($102.0m) $18.0m $6.0m $1.0m $6.0m ($1.0m) ($1.0m)
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest — — — — ($241.0m) $2.3b $2.4b $1.9b $3.2b $1.8b
Amortization of Intangible Assets $149.0m $169.0m $180.0m $180.0m $182.0m $193.0m $192.0m $187.0m $166.0m $190.0m
Depreciation $436.0m $466.0m $487.0m $510.0m $529.0m $576.0m $593.0m $607.0m $660.0m $648.0m
Depreciation, Depletion and Amortization $585.0m $635.0m $667.0m $690.0m $711.0m $769.0m $785.0m $794.0m $826.0m $838.0m
Deferred Income Tax Expense (Benefit) $178.0m ($75.0m) ($791.0m) ($218.0m) $535.0m ($354.0m) ($147.0m) ($77.0m) ($789.0m) $938.0m
Deferred income taxes $178.0m ($75.0m) ($791.0m) ($218.0m) $535.0m ($354.0m) ($147.0m) ($77.0m) ($789.0m) $938.0m
Goodwill, Impairment Loss $0 $0 — — $900.0m — — — — —
Impairment of held for sale businesses — — — — — $16.0m $14.0m $74.0m — —
Share-based Payment Arrangement, Expense $91.0m $99.0m $95.0m $75.0m $74.0m $94.0m $119.0m $123.0m $127.0m $149.0m
Share-based Payment Arrangement, Noncash Expense $91.0m $99.0m $95.0m $75.0m $74.0m $94.0m $119.0m $123.0m $127.0m $149.0m
Share-based compensation expense $91.0m $99.0m $95.0m $75.0m $74.0m $94.0m $119.0m $123.0m $127.0m $149.0m
Income Tax Expense (Benefit) ($779.0m) $255.0m ($344.0m) ($15.0m) $783.0m $123.0m $306.0m $364.0m ($397.0m) $1.4b
Interest Expense Nonoperating — — — — — — — — $70.0m $77.0m
Other Nonoperating Income (Expense) ($632.0m) ($9.0m) $1.0m $2.0m $20.0m ($17.0m) $28.0m ($16.0m) ($16.0m) ($13.0m)
Changes in operating assets and liabilities:
Additional Financial Items
Accounts payable ($100.0m) $308.0m $201.0m ($178.0m) ($80.0m) $560.0m ($396.0m) ($1.0m) $159.0m $290.0m
Accounts receivable, net $116.0m ($253.0m) ($269.0m) $31.0m ($63.0m) ($518.0m) $200.0m ($146.0m) ($134.0m) ($341.0m)
Accrued and other current liabilities ($4.0m) $225.0m $5.0m ($15.0m) ($99.0m) $173.0m ($398.0m) $21.0m ($165.0m) ($35.0m)
Disposal Group, Not Discontinued Operation, Gain (Loss) on Disposal $144.0m — $2.0m — — ($21.0m) — — — —
Effect of currency translation on cash $7.0m ($4.0m) ($5.0m) ($8.0m) ($4.0m) $5.0m ($21.0m) $2.0m — ($6.0m)
Goodwill $5.5b $5.7b $5.7b $5.7b $5.2b $5.6b $5.3b $5.5b $5.8b $7.1b
Income taxes ($1.8b) $7.0m $54.0m ($135.0m) ($9.0m) $106.0m $32.0m $17.0m ($83.0m) $147.0m
Increase (Decrease) in Accounts Receivable ($116.0m) $253.0m $269.0m ($31.0m) $63.0m $518.0m ($200.0m) $146.0m $134.0m $341.0m
Increase (Decrease) in Inventories ($16.0m) $211.0m $247.0m ($64.0m) $89.0m $556.0m $41.0m $45.0m $30.0m $160.0m
Inventories $16.0m ($211.0m) ($247.0m) $64.0m ($89.0m) ($556.0m) ($41.0m) ($45.0m) ($30.0m) ($160.0m)
Net decrease in commercial paper $330.0m ($330.0m) $270.0m ($51.0m) ($219.0m) — $370.0m ($40.0m) ($75.0m) ($255.0m)
Non-cash lease cost — — — — $108.0m $120.0m $131.0m $129.0m $134.0m $145.0m
Other ($5.0m) ($30.0m) ($36.0m) ($33.0m) ($34.0m) ($28.0m) ($41.0m) ($34.0m) ($57.0m) ($57.0m)
Prepaid expenses and other current assets $282.0m ($72.0m) ($63.0m) $144.0m $51.0m ($19.0m) $50.0m $17.0m $25.0m $91.0m
Proceeds from Stock Options Exercised $90.0m $117.0m $100.0m $85.0m $55.0m $167.0m $54.0m $43.0m $89.0m $182.0m
Proceeds from exercise of share options $90.0m $117.0m $100.0m $85.0m $55.0m $167.0m $54.0m $43.0m $89.0m $182.0m
Provision for losses on accounts receivable and inventories $17.0m $19.0m $30.0m $43.0m $14.0m $46.0m $70.0m $76.0m $57.0m $58.0m
Repurchase of ordinary/common shares ($2.8b) ($614.0m) ($879.0m) ($1.1b) ($523.0m) ($831.0m) ($1.4b) ($945.0m) ($2.1b) ($1.3b)
Net Cash Provided by (Used in) Operating Activities $1.9b $2.3b $2.5b $2.4b $2.0b $2.7b $2.5b $3.1b $3.5b $4.1b
Cash flows from investing activities:
Payments to Acquire Property, Plant, and Equipment $628.0m $702.0m $935.0m $749.0m $560.0m $690.0m $768.0m $732.0m $680.0m $936.0m
Proceeds from sale of property, plant, and equipment $8.0m $19.0m $23.0m $43.0m $17.0m $86.0m $106.0m $4.0m $16.0m $11.0m
Acquisition of businesses, net of cash acquired ($1.3b) ($250.0m) ($153.0m) ($283.0m) ($339.0m) ($423.0m) ($220.0m) ($110.0m) ($339.0m) ($2.6b)
Payments to Acquire Businesses, Net of Cash Acquired $1.3b $250.0m $153.0m $283.0m $339.0m $423.0m $220.0m $110.0m $339.0m $2.6b
Proceeds from divestiture of business, net of cash retained by business sold $333.0m $4.0m — — — ($4.0m) $16.0m $48.0m $59.0m —
Payments for (Proceeds from) Other Investing Activities ($61.0m) $3.0m $8.0m ($2.0m) ($17.0m) $10.0m ($4.0m) ($22.0m) $6.0m $15.0m
Net Cash Provided by (Used in) Investing Activities ($1.6b) ($932.0m) ($1.1b) ($692.0m) ($865.0m) ($1.0b) ($878.0m) ($768.0m) ($950.0m) ($3.6b)
Cash flows from financing activities:
Proceeds from issuance of debt $352.0m $589.0m $119.0m $746.0m $593.0m $661.0m $588.0m $499.0m $348.0m $2.2b
Repayment of debt ($501.0m) — ($708.0m) ($691.0m) ($352.0m) ($708.0m) ($558.0m) ($591.0m) ($352.0m) ($580.0m)
Payments for Repurchase of Common Stock $2.8b $614.0m $879.0m $1.1b $523.0m $831.0m $1.4b $945.0m $2.1b $1.3b
Payments of Ordinary Dividends, Common Stock $509.0m $546.0m $588.0m $608.0m $625.0m $647.0m $685.0m $725.0m $760.0m $803.0m
Dividends Payable $263.0m $281.0m $303.0m $308.0m $317.0m $327.0m $356.0m $368.0m $390.0m $209.0m
Dividends Payable, Current $263.0m $281.0m $303.0m $308.0m $317.0m $327.0m $356.0m $368.0m $390.0m $209.0m
Payment of ordinary/common share dividends to shareholders ($509) ($546) ($588) ($608) ($625) ($647) ($685) ($725) ($760) ($803)
Proceeds from (Payments for) Other Financing Activities ($5.0m) ($30.0m) ($36.0m) ($33.0m) ($34.0m) ($28.0m) ($41.0m) ($34.0m) ($57.0m) ($57.0m)
Net Cash Provided by (Used in) Financing Activities ($3.0b) ($814.0m) ($1.7b) ($1.6b) ($1.1b) ($1.4b) ($1.7b) ($1.8b) ($2.9b) ($629.0m)
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect — — — $79.0m $18.0m $258.0m ($115.0m) $573.0m ($342.0m) ($64.0m)
Net increase (decrease) in cash, cash equivalents, and restricted cash — $571.0m ($370.0m) $79.0m $18.0m $258.0m ($115.0m) $573.0m ($342.0m) ($64.0m)
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents — — — $927.0m $945.0m $1.2b $1.1b $1.7b $1.3b $1.3b
Cash, cash equivalents, and restricted cash at beginning of fiscal year — $1.2b $848.0m $927.0m $945.0m $1.2b $1.1b $1.7b $1.3b $1.3b
Supplemental disclosure of cash flow information:
Interest Paid, Excluding Capitalized Interest, Operating Activities $117.0m $128.0m $127.0m $75.0m $50.0m $58.0m $58.0m $75.0m $64.0m $34.0m
Income Taxes Paid, Net $806.0m $323.0m $393.0m $338.0m $257.0m $371.0m $421.0m $425.0m $475.0m $276.0m

Data sourced from SEC EDGAR 10-K filings via EdgarTools. Amounts are shown in USD as reported in each fiscal year filing.

Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.