Impact of Additional Week on Net Sales
Segment Summary
June 30,
2023
For the Quarters Ended
For the Nine Months Ended
June 24,
2022
June 30,
2023
June 24,
2022
($ in millions)
Net Sales
Net Sales
$
7,175
$
6,772
3,392
3,246
1,432
1,904
$
11,999
$
11,922
Net Sales
Net Sales
Transportation Solutions
$
2,433
$
2,300
Industrial Solutions
1,141
1,126
Communications Solutions
424
671
Total
$
3,998
$
4,097
TE
connectivity
Operating
Operating
Operating
Operating
Operating
Operating
Operating
Operating
Income
Margin
Income
Margin
Income
Margin
Income
Margin
Transportation Solutions
$
425
17.5 %
$
383
16.7 %
$
1,040
14.5 %
$
1,187
17.5 %
Industrial Solutions
150
13.1
165
14.7
440
13.0
430
13.2
Communications Solutions
55
13.0
171
25.5
189
13.2
479
25.2
Total
$
630
15.8 %
$
719
17.5 %
$
1,669
13.9 % $
2,096
17.6 %
Adjusted
Operating
Income
Adjusted
Operating
(1)
(1)
Margin
Adjusted
Operating
Income
Adjusted
Operating
(1)
(1)
Margin
Adjusted
Operating
Income
Adjusted
Operating
Adjusted
Operating
(1)
Margin
(1)
(1)
Income
Adjusted
Operating
Margin
(1)
Transportation Solutions
452
18.6 % $
397
17.3 %
$
1,221
17.0 %
$
1,211
17.9 %
Industrial Solutions
180
15.8
186
16.5
529
15.6
501
15.4
Communications Solutions
60
14.2
178
26.5
228
15.9
497
26.1
Total
$
692
17.3 % $
761
18.6 %
$
1,978
16.5 %
$
2,209
18.5 %
(¹) Adjusted operating income and adjusted operating margin are non-GAAP financial measures. See description of non-GAAP financial measures.
17View entire presentation