TEL · 10-K · 2026A · Full report
Liquidity and Cash Position
TE Connectivity plc · 2026-11-09 · Importance 49 · Surprise 32 · From source text
Net cash provided by operating activities increased $386 million, or approximately 9.3%, to $4,525 million in fiscal 2026 from $4,139 million in fiscal 2025. The increase primarily reflected higher pre-tax income, partially offset by working-capital changes and higher income-tax payments; net income taxes paid were $454 million versus $276 million. Capital expenditures increased to $1,122 million from $936 million, and fiscal 2027 capital spending was expected to be approximately 6% of net sales. TE Connectivity reported total debt of $5,639 million at fiscal year end 2026, compared with $5,694 million a year earlier, and $100 million of commercial paper outstanding at a weighted-average interest rate of 4.10%.
Key facts
- TE Connectivity plc’s February 2026 revolving credit facility has commitments of $3.0 billion, matures in February 2031, and allows incremental commitments of up to $1.0 billion subject to its terms and conditions. source
- TE Connectivity plc plans to fund the anticipated Astrodyne acquisition with available cash and commercial paper, and, if necessary, borrowings under its existing credit facility and/or new debt financing. source
- TE Connectivity plc paid $454 million in income taxes, net of refunds, in fiscal 2026, compared with $276 million in fiscal 2025. source
- TE Connectivity plc’s net cash provided by operating activities was $4,525 million in fiscal 2026, up $386 million from $4,139 million in fiscal 2025. source
- TE Connectivity plc had total debt of $5,639 million at fiscal 2026 year-end, compared with $5,694 million at fiscal 2025 year-end. source
- TE Connectivity plc paid CBP $14 million during fiscal 2026 to resolve a matter concerning potential Section 301 unpaid duties, fees, and interest for certain U.S. imports; CBP had not completed its review of the disclosure. source
- TE Connectivity plc’s subsidiary TEGSA issued $200 million of 4.50% senior notes due February 2031 and $550 million of 4.875% senior notes due February 2036 during fiscal 2026. source
- TE Connectivity plc expects fiscal 2027 pension contributions of approximately $67 million before voluntary contributions. source
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| cash | positive | realized | +1.4% | TE Connectivity plc’s net cash provided by operating activities was $4,525 million in fiscal 2026, up $386 million from $4,139 million in… |
| cash | negative | realized | -0.7% | TE Connectivity plc paid $454 million in income taxes, net of refunds, in fiscal 2026, compared with $276 million in fiscal 2025. |
| liability | positive | realized | +0.2% | TE Connectivity plc had total debt of $5,639 million at fiscal 2026 year-end, compared with $5,694 million at fiscal 2025 year-end. |