Slide 1: Citi Global Technology Conference
Citi Global Technology Conference September, 2016 Tom Lynch Chief Executive Officer
Slide 2: Forward-Looking Statements and Non-GAAP Measures
Forward-Looking Statements and Non-GAAP Measures Forward-Looking Statements This presentation contains certain “forward-looking statements” within the meaning of the U.S. Private Securities Litigation Reform Act of 1995. These statements are based on management’s current expectations and are subject
Slide 3: TE at a Glance
TE AT A GLANCE TECHNOLOGY COMPANY DRIVING THE CONNECTED FUTURE TE Connectivity is the world leader in connectivity and TE serves a sensor solutions with the broadest range of technologies $ BILLION TE’s highly engineered products and integrated solutions 170 MARKET growing 2x annual GDP growth1 perf
Slide 4: Our Successful Portfolio Transformation
Our Successful Portfolio Transformation ACQUIRED COMPANIES* HARSH REVENUE UP TO 80% $670M $150M $640M $300M FY15 ADJUSTED OPERATING 2010 2011 2012 2013 2014 2015 2016 MARGIN DIVESTED ASSETS* >16% HARSH REVENUE ELO Touch Systems FY15 60% Transpower Broadband Network Solutions Circuit Protection ADJUS
Slide 5: Electronic Content Growth is a Secular Trend Across Our Businesses
Electronic Content Growth is a Secular Trend Across Our Businesses FISCAL 2015 SALES SECULAR GROWTH DRIVERS ADAS/ Emissions & Sensor TRANSPORTATION Safety Infotainment Expansion SOLUTIONS • Auto content growth 4-6% per year $6.3B • Sensors double the auto opportunity from $200 to $400 per vehicle Di
Slide 6: Electronic Content Growth in Auto
Electronic Content Growth in Auto CONTENT PER VEHICLE YESTERDAY TODAY TOMORROW Advanced Driver SAFE Airbags Automated Breaking Traction Control $16 $22 Assistance Systems / Autonomous Driving Powertrain GREEN Diesel / Petroleum Hybrid $27 $30 Emmission Controls / Full Hybrid & Vehicle Electrificatio
Slide 7: Focused Portfolio Positioned for Growth
Focused Portfolio Positioned for Growth Strong Track Record of Profitability Positioned for Improvement and Capital Allocation Revenue Growth & Margin Expansion Capital Allocation • World leader in connectivity and sensor solutions & Profitability • Benefit from megatrends of safe, Portfolio Improve
Slide 8: Appendix
Appendix 8
Slide 9: Non-GAAP Measures
Non-GAAP Measures “Organic Sales Growth,” “Adjusted Operating Income,” “Adjusted Operating Margin,” “Adjusted Other Income, Net,” “Adjusted Income Tax Expense,” “Adjusted Effective Tax Rate,” ”Adjusted Income from Continuing Operations,” “Adjusted Earnings Per Share,” “Adjusted EBITDA,” Adjusted EBI
Slide 10: Non-GAAP Measures (cont.)
Non-GAAP Measures (cont.) Adjusted Effective Tax Rate – represents effective income tax rate (the most comparable GAAP measure) after adjusting for the tax effect of special items including charges related to restructuring and other charges, acquisition related charges, impairment charges, other inc
Slide 11: Reconciliation of Net Income to Adjusted EBITDA
Reconciliation of Net Income to Adjusted EBITDA For the Year Ended September 25, 2015 ($ in millions) Net Income $ 2,420 Income from discontinued operations (1,182) Income tax expense 337 Other (income) expense, net 55 Interest expense 136 Interest income (17) Operating Income $ 1,749 Acquisition re
Slide 12: Reconciliation of Non-GAAP Financial Measures for the Year Ended September 24, 2010
Reconciliation of Non-GAAP Financial Measures for the Year Ended September 24, 2010 Adjustments Restructuring and O ther Tax O ther Items, Adjusted U.S. GAAP Charges, Net (2) Items (3) Net (4) (Non-GAAP) (5) ($ in millions, except per share data) Net Sales $ 12,070 $ - $ - $ - $ 12,070 Operating Inc
Slide 13: Reconciliation of Non-GAAP Financial Measures for the Year Ended September 25, 2015
Reconciliation of Non-GAAP Financial Measures for the Year Ended September 25, 2015 Adjustments Acquisition Restructuring Related and O ther Tax Adjusted U.S. GAAP Charges (1) Charges, Net Items (2) (Non-GAAP) (3) ($ in millions, except per share data) Operating Income: Transportation Solutions $ 1,