XML 39 R27.htm IDEA: XBRL DOCUMENT
v3.24.4

Restructuring and Other Charges, Net (Tables) | 3 Months Ended
--- | ---
Dec. 27, 2024
Restructuring and Other Charges, Net |
Schedule of net restructuring and other charges | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | For the | ​
​ | ​ | Quarters Ended | ​
​ | ​ | December 27, | ​ | December 29, | ​
​ |  | 2024 |  | 2023 |
​ | ​ | (in millions) | ​
Restructuring charges, net | ​ | $ | 43 | ​ | $ | 9 | ​
Loss on divestiture | ​ | ​ | — | ​ | ​ | 11 | ​
Costs related to change in place of incorporation | ​ | ​ | 10 | ​ | ​ | — | ​
Other charges (credits), net | ​ |  | (3) | ​ |  | 1 | ​
Restructuring and other charges, net | ​ | $ | 50 | ​ | $ | 21 | ​
Net restructuring and related charges by segment | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | For the | ​
​ | ​ | Quarters Ended | ​
​ | ​ | December 27, | ​ | December 29, | ​
​ |  | 2024 |  | 2023 |
​ | ​ | (in millions) | ​
Transportation Solutions | ​ | $ | 26 | ​ | $ | 2 | ​
Industrial Solutions | ​ |  | 17 | ​ |  | 7 | ​
Restructuring charges, net | ​ | $ | 43 | ​ | $ | 9 | ​
Summary of activity in restructuring reserves | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Balance at | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | Balance at |
​ | ​ | September 27, | ​ | ​ | ​ | ​ | Changes in | ​ | Cash | ​ | Non-Cash | ​ | Currency | ​ | December 27, | ​
​ |  | 2024 |  | Charges |  | Estimate |  | Payments |  | Items |  | Translation |  | 2024 |
​ | ​ | (in millions) | ​
Fiscal 2025 Actions: | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Employee severance | ​ | $ | — | ​ | $ | 27 | ​ | $ | — | ​ | $ | — | ​ | $ | — | ​ | $ | — | ​ | $ | 27 | ​
Property, plant, and equipment | ​ | ​ | — | ​ | ​ | 3 | ​ | ​ | — | ​ | ​ | — | ​ | ​ | (3) | ​ | ​ | — | ​ | ​ | — | ​
Total | ​ | ​ | — | ​ | ​ | 30 | ​ | ​ | — | ​ | ​ | — | ​ | ​ | (3) | ​ | ​ | — | ​ | ​ | 27 | ​
Fiscal 2024 Actions: | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Employee severance | ​ | ​ | 72 | ​ | ​ | 2 | ​ | ​ | — | ​ | ​ | (11) | ​ | ​ | — | ​ | ​ | (4) | ​ | ​ | 59 | ​
Property, plant, and equipment | ​ | ​ | — | ​ | ​ | — | ​ | ​ | 2 | ​ | ​ | — | ​ | ​ | (2) | ​ | ​ | — | ​ | ​ | — | ​
Total | ​ | ​ | 72 | ​ | ​ | 2 | ​ | ​ | 2 | ​ | ​ | (11) | ​ | ​ | (2) | ​ | ​ | (4) | ​ | ​ | 59 | ​
Pre-Fiscal 2024 Actions: | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Employee severance | ​ | ​ | 186 | ​ | ​ | 9 | ​ | ​ | (2) | ​ | ​ | (26) | ​ | ​ | — | ​ | ​ | (9) | ​ | ​ | 158 | ​
Facility and other exit costs | ​ | ​ | 15 | ​ | ​ | 1 | ​ | ​ | — | ​ | ​ | (5) | ​ | ​ | — | ​ | ​ | (1) | ​ | ​ | 10 | ​
Property, plant, and equipment | ​ | ​ | — | ​ | ​ | 1 | ​ | ​ | — | ​ | ​ | — | ​ | ​ | (1) | ​ | ​ | — | ​ | ​ | — | ​
Total | ​ | ​ | 201 | ​ | ​ | 11 | ​ | ​ | (2) | ​ | ​ | (31) | ​ | ​ | (1) | ​ | ​ | (10) | ​ | ​ | 168 | ​
Total Activity | ​ | $ | 273 | ​ | $ | 43 | ​ | $ | — | ​ | $ | (42) | ​ | $ | (6) | ​ | $ | (14) | ​ | $ | 254 | ​
Restructuring reserves included on Consolidated Balance Sheets | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | December 27, | ​ | September 27, | ​
​ |  | 2024 |  | 2024 |
​ | ​ | (in millions) | ​
Accrued and other current liabilities | ​ | $ | 219 | ​ | $ | 233 | ​
Other liabilities | ​ |  | 35 | ​ |  | 40 | ​
Restructuring reserves | ​ | $ | 254 | ​ | $ | 273 | ​

X
- Definition Description and amount of restructuring and other charges, net. + References No definition available. + Details
Name: | tel_ScheduleOfRestructuringAndOtherChargesNetTableTextBlock
Namespace Prefix: | tel_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Disclosure of the balance sheet line item(s) on which the restructuring reserve is included. + References No definition available. + Details
Name: | tel_ScheduleOfRestructuringReserveBalanceSheetLocationTableTextBlock
Namespace Prefix: | tel_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_RestructuringAndRelatedCostLineItems
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of costs incurred for restructuring including, but not limited to, exit and disposal activities, remediation, implementation, integration, asset impairment, and charges against earnings from the write-down of assets. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 420 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SAB Topic 5.P.3) -Publisher FASB -URI https://asc.fasb.org/1943274/2147479823/420-10-S99-1 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 420 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 2 -Subparagraph (SAB Topic 5.P.4) -Publisher FASB -URI https://asc.fasb.org/1943274/2147479823/420-10-S99-2 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 420 -SubTopic 10 -Section 50 -Paragraph 1 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482017/420-10-50-1 + Details
Name: | us-gaap_ScheduleOfRestructuringAndRelatedCostsTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of an entity's restructuring reserve that occurred during the period associated with the exit from or disposal of business activities or restructurings for each major type of cost. This element may also include a description of any reversal and other adjustment made during the period to the amount of an accrued liability for restructuring activities. This element may be used to encapsulate the roll forward presentations of an entity's restructuring reserve by type of cost and in total, and explanation of changes that occurred in the period. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 420 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 2 -Subparagraph (SAB Topic 5.P.4.b.2) -Publisher FASB -URI https://asc.fasb.org/1943274/2147479823/420-10-S99-2 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 420 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (b)(2) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482017/420-10-50-1 + Details
Name: | us-gaap_ScheduleOfRestructuringReserveByTypeOfCostTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration