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TE Connectivity PLC Financial Overview: Key Insights & Debt Structure Report

$TEL
Form 8-K
Filed on: 2025-03-13
Source
TE Connectivity PLC Financial Overview: Key Insights & Debt Structure Report

Based on the provided section of the financial report, here are the key pieces of information and insights:

  1. Entity Information:
  • Company Name: TE Connectivity PLC
  • CIK (Central Index Key): 0001385157
  • Fiscal Year End Date: March 12, 2025
  1. Stock Information:
  • Ordinary Shares: The company has ordinary shares with a par value of $0.01.
  • Ticker Symbol: TEL
  • Exchange: Listed on NYSE (New York Stock Exchange).
  1. Debt Instruments:
  • Zero Percent Senior Notes due 2029: The company holds zero percent senior notes set to mature in 2029.
  • Three Percent Senior Notes due 2033: Additionally, there are three percent senior notes maturing in 2033.
  • Interest Rate: The zero percent notes will not accrue interest, while the three percent notes will have a fixed interest rate.
  1. Reporting Context:
  • The report uses the XBRL (eXtensible Business Reporting Language) format, indicating it is prepared for electronic filing with the SEC.
  • The specific context IDs indicate that the information pertains to various classes of stock and debt instruments for the same date.
  1. Measurement Units:
  • The financial data is reported in both USD (U.S. Dollars) and shares, indicating that the company is likely providing both monetary values and share counts.
  1. Compliance and Regulatory:
  • The report is identified as an 8-K filing, which is typically used to disclose major events that shareholders should know about. This implies that the information may pertain to significant corporate developments or updates.
  1. Key Insights:
  • TE Connectivity PLC has a structured approach to its capital structure with senior notes indicating a reliance on debt financing.
  • The absence of interest on the 2029 notes may suggest a strategy to minimize cash outflows in the short term, which could be beneficial for liquidity.
  • The presence of long-term debt (notes due in 2029 and 2033) signifies a longer-term financing strategy and obligations that will need to be managed over the coming years.

Overall, the section provides a snapshot of TE Connectivity PLC’s capital structure, including its equity and debt components, and highlights important regulatory compliance through its filing.