8-K

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, DC 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): April 22, 2015

TE CONNECTIVITY LTD.

(Exact Name of Registrant as Specified in its Charter)

Switzerland	98-0518048
(Jurisdiction of Incorporation)	(IRS Employer Identification Number)

001-33260
(Commission File Number)

Rheinstrasse 20

CH-8200 Schaffhausen

Switzerland

(Address of Principal Executive Offices, including Zip Code)

+41 (0)52 633 66 61

(Registrant’s Telephone Number, including Area Code)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

oWritten communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

oSoliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

oPre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

oPre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Item 2.02.  Results of Operations and Financial Condition

On April 22, 2015, TE Connectivity Ltd. (the “Company”) issued a press release reporting the Company’s second quarter results for fiscal 2015. A copy of the press release is furnished as Exhibit 99.1 to this report and incorporated by reference in this Item 2.02.

Item 7.01.  Regulation FD Disclosure

The Company will hold a conference call and webcast on April 22, 2015 (see information in the press release attached hereto as Exhibit 99.1 under “Conference Call and Webcast”).  A copy of the slide materials to be discussed at the conference call and webcast is being furnished pursuant to Regulation FD as Exhibit 99.2 and is incorporated herein by reference, and the slide materials also can be accessed at the “Investors” section of the Company’s website (www.te.com).

Item 9.01.  Financial Statements and Exhibits

(d)        Exhibits

Exhibit No.	Description
99.1	Press release issued April 22, 2015
99.2	Presentation - TE Connectivity Q2 2015 Earnings Call (April 22, 2015)

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SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

TE CONNECTIVITY LTD.
(Registrant)
By:	/s/ John S. Jenkins, Jr.
	John S. Jenkins, Jr.
	Executive Vice President and General Counsel

Date: April 22, 2015

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EX-99.1

Exhibit 99.1

TE Connectivity Posts Strong Fiscal 2015 Second Quarter Earnings

Sales Up 4 Percent and Up 6 Percent Organically;

Adjusted EPS Up 6 Percent; GAAP EPS Down 6 Percent;

Company Maintains Full Year Adjusted EPS Guidance of $3.60 to $3.74;

Strong Business Performance More Than Offsets Foreign Exchange Headwinds

SCHAFFHAUSEN, Switzerland — April 22, 2015 — TE Connectivity Ltd. (NYSE: TEL) today reported results for the fiscal second quarter ended March 27, 2015. On January 28, 2015, TE announced the sale of its Broadband Network Solutions (BNS) business. The financial results of the BNS business have been classified as discontinued operations. TE’s ongoing business, results and guidance are included below and classified as continuing operations.

Second Quarter Highlights

·Net sales increased to $3.1 billion, up 4 percent versus the prior year and up 6 percent organically

·Adjusted Earnings Per Share (EPS) from continuing operations were $0.91, up 6 percent versus the prior year

·Diluted Earnings Per Share from continuing operations (GAAP EPS) were $0.77

·Free cash flow of $217 million; returned $261 million to shareholders

·Acquisition of AdvancedCath completed, expanding TE’s position in the medical device market

·On track to complete the sale of the Broadband Network Solutions (BNS) business by December 2015

Tom Lynch, TE Connectivity Chairman and CEO stated, “I am very pleased with our performance for the quarter. We delivered revenue growth of 4 percent, adjusted EPS growth of 6 percent and adjusted operating margins of 16.4 percent, overcoming significant foreign exchange headwinds. Our growth in the quarter was led by strong performance in automotive, commercial aerospace, industrial equipment, appliances and SubCom. Our TEOA (TE Operating Advantage) business system continued to drive higher profitability, with adjusted operating margins up 50 basis points year over year.

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“We also made good progress on our strategy to expand our leadership position in connectivity and sensor solutions,” said Lynch. “Our plan to divest BNS is on track and the integration of our recent acquisitions — Measurement Specialties, American Sensor Technologies, and AdvancedCath — is going well. These transactions support our strategy to focus on the growing $165 billion connectivity and sensor markets, and strengthen our portfolio in harsh environment applications.

“The increasing demand for connectivity continues to drive the need for more electronics and TE products,” said Lynch. “For the full year, we expect to deliver 6 percent organic growth and double-digit adjusted EPS growth, consistent with prior guidance. New product introductions and continued strong performance in our harsh environment and SubCom businesses more than offset $1 billion of revenue foreign exchange headwinds.”

NEW SEGMENT STRUCTURE

Following the announced divestiture of BNS, effective for the second quarter of fiscal 2015, we are reporting our results under three segments. The following represents the new segment structure. The Transportation Solutions and Industrial Solutions segments remain unchanged:

·Transportation Solutions—the Automotive, Commercial Transportation, and Sensors businesses are included in this segment.

·Industrial Solutions—this segment contains the Industrial Equipment; Aerospace, Defense, Oil, and Gas; and Energy businesses.

·Communications Solutions—the Data and Devices, Appliances, and Subsea Communications businesses are included in this segment.

FISCAL SECOND QUARTER RESULTS

The company reported net sales of $3.1 billion, compared to prior year sales of $3.0 billion. Adjusted EPS were $0.91, compared to $0.86 in the prior year. GAAP EPS were $0.77, compared to $0.82 in the prior year. Free cash flow was $217 million for the quarter.

GAAP EPS included $60 million of acquisition related, restructuring and other charges.

Total company orders were $3.0 billion, flat year over year, and up 1 percent excluding SubCom. The book-to-bill ratio was 1.03, excluding SubCom.

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OUTLOOK

For the fiscal third quarter 2015, the company expects net sales of $3.13 billion to $3.23 billion, reflecting 3 percent year over year growth at the mid-point, and adjusted EPS of $0.85 to $0.89. GAAP EPS are expected to be $0.80 to $0.84, including acquisition related charges of $0.04, and restructuring and other charges of $0.01. This outlook includes foreign exchange headwinds, reducing expected sales by $330 million and adjusted EPS by $0.13.

For the full year, the company expects net sales of $12.35 to $12.65 billion, reflecting 4 percent growth versus prior year at the mid-point; and adjusted EPS of $3.60 to $3.74 reflecting double-digit growth versus the prior year. GAAP EPS are expected to be $3.51 to $3.65, including acquisition related charges of $0.22, restructuring and other charges of $0.18, and income from tax related items of $0.31. The outlook includes foreign exchange headwinds, reducing expected sales by $1.01 billion and adjusted EPS by $0.38.

Information about TE Connectivity’s use of non-GAAP financial measures is provided below. For a reconciliation of these non-GAAP financial measures, see the attached tables.

CONFERENCE CALL AND WEBCAST

·The company will hold a conference call for investors today beginning at 8:30 a.m. EDT. Information about the conference call is available at TE Connectivity’s website: http://investors.te.com.

·By telephone: For both “listen-only” participants and those participants who wish to take part in the question-and-answer portion of the call, the telephone dial-in number in the United States is (800) 230-1085. The telephone dial-in number for participants outside the United States is (612) 234-9959.

·An audio replay of the conference call will be available beginning at 10:30 a.m. on April 22, 2015, and ending at 11:59 p.m. on April 29, 2015. The dial-in number for participants in the United States is (800) 475-6701. For participants outside the United States, the replay dial-in number is (320) 365-3844. The replay access code for all callers is 355778.

NON-GAAP MEASURES

“Organic Sales Growth,” “Adjusted Operating Income,” “Adjusted Operating Margin,” “Adjusted Other Income, Net,” “Adjusted Income Tax Expense,” “Adjusted Income from Continuing Operations,” “Adjusted Earnings Per Share,” and “Free Cash Flow” (FCF) are non-GAAP measures and should not be considered replacements for GAAP results.

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“Organic Sales Growth” is a useful measure of our underlying results and trends in the business. It is also a significant component in our incentive compensation plans. The difference between reported net sales growth (the most comparable GAAP measure) and Organic Sales Growth (the non-GAAP measure) consists of the impact from foreign currency exchange rates and acquisitions and divestitures, if any. Organic Sales Growth is a useful measure of our performance because it excludes items that: i) are not completely under management’s control, such as the impact of changes in foreign currency exchange rates; or ii) do not reflect the underlying growth of the company, such as acquisition and divestiture activity. The limitation of this measure is that it excludes items that have an impact on our sales. This limitation is best addressed by using Organic Sales Growth in combination with net sales growth.

We present operating income before special items including charges or income related to restructuring and other charges, acquisition related charges, impairment charges, and other income or charges, if any (“Adjusted Operating Income”). We utilize Adjusted Operating Income to assess segment level core operating performance and to provide insight to management in evaluating segment operating plan execution and underlying market conditions. It also is a significant component in our incentive compensation plans. Adjusted Operating Income is a useful measure for investors because it provides insight into our underlying operating results, trends, and the comparability of these results between periods. The difference between Adjusted Operating Income and operating income (the most comparable GAAP measure) consists of the impact of special items that may mask the underlying operating results and/or business trends. The limitation of this measure is that it excludes the financial impact of items that would otherwise either increase or decrease our reported operating income. This limitation is best addressed by using Adjusted Operating Income in combination with operating income in order to better understand the amounts, character and impact of any increase or decrease on reported results.

We present operating margin before special items including charges or income related to restructuring and other charges, acquisition related charges, impairment charges, and other income or charges, if any (“Adjusted Operating Margin”). We present Adjusted Operating Margin before special items to give investors a perspective on the underlying business results. This measure should be considered in conjunction with operating margin calculated using our GAAP results in order to understand the amounts, character and impact of adjustments to operating margin.

We present other income, net before special items including tax sharing income related to certain proposed adjustments to prior period tax returns and other tax items, if any (“Adjusted Other Income, Net”). We present Adjusted Other Income, Net as we believe that it is appropriate for investors to consider results excluding these items in addition to results in accordance with GAAP. The difference between Adjusted Other Income, Net and other income, net (the most comparable GAAP measure) consists of tax sharing income related to certain proposed adjustments to prior period tax returns and other tax items, if any. The limitation of this measure is that it excludes the financial impact of items that would otherwise either increase or decrease other income, net. This limitation is best addressed by using Adjusted Other Income, Net in combination with other income, net in order to better understand the amounts, character and impact of any increase or decrease in reported amounts.

We present income tax expense after adjusting for the tax effect of special items including charges related to restructuring and other charges, acquisition related charges, impairment charges, other income or charges, and certain significant special tax items, if any (“Adjusted Income Tax Expense”). We present Adjusted Income Tax Expense to provide investors further information regarding the tax effects of adjustments used in determining the non-GAAP financial measure Adjusted Income from Continuing Operations (as defined below). The difference between Adjusted Income Tax Expense and income tax expense (the most comparable GAAP measure) is the tax effect of adjusting items and certain significant special tax items, if any. The limitation of this measure is that

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it excludes the financial impact of items that would otherwise either increase or decrease income tax expense. This limitation is best addressed by using Adjusted Income Tax Expense in combination with income tax expense in order to better understand the amounts, character and impact of any increase or decrease in reported amounts.

We present income from continuing operations attributable to TE Connectivity Ltd. before special items including charges or income related to restructuring and other charges, acquisition related charges, impairment charges, tax sharing income related to certain proposed adjustments to prior period tax returns and other tax items, certain significant special tax items, other income or charges, if any, and, if applicable, related tax effects (“Adjusted Income from Continuing Operations”). We present Adjusted Income from Continuing Operations as we believe that it is appropriate for investors to consider results excluding these items in addition to results in accordance with GAAP. Adjusted Income from Continuing Operations provides additional information regarding our underlying operating results, trends and the comparability of these results between periods. The difference between Adjusted Income from Continuing Operations and income from continuing operations attributable to TE Connectivity Ltd. (the most comparable GAAP measure) consists of the impact of special items and, if applicable, related tax effects. The limitation of this measure is that it excludes the financial impact of items that would otherwise either increase or decrease our reported results. This limitation is best addressed by using Adjusted Income from Continuing Operations in combination with income from continuing operations attributable to TE Connectivity Ltd. in order to better understand the amounts, character and impact of any increase or decrease in reported amounts.

We present diluted earnings per share from continuing operations attributable to TE Connectivity Ltd. before special items, including charges or income related to restructuring and other charges, acquisition related charges, impairment charges, tax sharing income related to certain proposed adjustments to prior period tax returns and other tax items, certain significant special tax items, other income or charges, if any, and, if applicable, related tax effects (“Adjusted Earnings Per Share”). We present Adjusted Earnings Per Share because we believe that it is appropriate for investors to consider results excluding these items in addition to results in accordance with GAAP. We believe such a measure provides a picture of our results that is more comparable among periods since it excludes the impact of special items, which may recur, but tend to be irregular as to timing, thereby making comparisons between periods more difficult. It also is a significant component in our incentive compensation plans. The limitation of this measure is that it excludes the financial impact of items that would otherwise either increase or decrease our reported results. This limitation is best addressed by using Adjusted Earnings Per Share in combination with diluted earnings per share from continuing operations attributable to TE Connectivity Ltd. (the most comparable GAAP measure) in order to better understand the amounts, character and impact of any increase or decrease on reported results.

“Free Cash Flow” (FCF) is a useful measure of our ability to generate cash. The difference between net cash provided by continuing operating activities (the most comparable GAAP measure) and Free Cash Flow (the non-GAAP measure) consists mainly of significant cash outflows and inflows that we believe are useful to identify.  We believe free cash flow provides useful information to investors as it provides insight into the primary cash flow metric used by management to monitor and evaluate cash flows generated from our operations.

Free Cash Flow is defined as net cash provided by continuing operating activities excluding voluntary pension contributions and the cash impact of special items, if any, minus net capital expenditures. Net capital expenditures consist of capital expenditures less proceeds from the sale of property, plant and equipment.  These items are subtracted because they represent long-term commitments.  Voluntary pension contributions are excluded from the GAAP measure because this activity is driven by economic financing decisions rather

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than operating activity.  Certain special items, including net payments related to pre-separation tax matters, also are considered by management in evaluating free cash flow.  We believe investors should also consider these items in evaluating our free cash flow.

Free Cash Flow as presented herein may not be comparable to similarly-titled measures reported by other companies.  The primary limitation of this measure is that it excludes items that have an impact on our GAAP cash flow.  Also, it subtracts certain cash items that are ultimately within management’s and the Board of Directors’ discretion to direct and may imply that there is less or more cash available for our programs than the most comparable GAAP measure indicates.  This limitation is best addressed by using Free Cash Flow in combination with the GAAP cash flow results.  It should not be inferred that the entire free cash flow amount is available for future discretionary expenditures, as our definition of free cash flow does not consider certain non-discretionary expenditures, such as debt payments.  In addition, we may have other discretionary expenditures, such as discretionary dividends, share repurchases, and business acquisitions that are not considered in the calculation of free cash flow.

FORWARD-LOOKING STATEMENTS

This release 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 to risks, uncertainty and changes in circumstances, which may cause actual results, performance, financial condition or achievements to differ materially from anticipated results, performance, financial condition or achievements. All statements contained herein that are not clearly historical in nature are forward-looking and the words “anticipate,” “believe,” “expect,” “estimate,” “plan,” and similar expressions are generally intended to identify forward-looking statements. We have no intention and are under no obligation to update or alter (and expressly disclaim any such intention or obligation to do so) our forward-looking statements whether as a result of new information, future events or otherwise, except to the extent required by law. The forward-looking statements in this release include statements addressing our future financial condition and operating results and our planned sale of the Broadband Network Solutions business. Examples of factors that could cause actual results to differ materially from those described in the forward-looking statements include, among others, business, economic, competitive and regulatory risks, such as conditions affecting demand for products, particularly in the automotive industry and the telecommunications networks and consumer devices industries; competition and pricing pressure; fluctuations in foreign currency exchange rates and commodity prices; natural disasters and political, economic and military instability in countries in which we operate; developments in the credit markets; future goodwill impairment; compliance with current and future environmental and other laws and regulations; the possible effects on us of changes in tax laws, tax treaties and other legislation; the risk that the operations of Measurement Specialties will not be successfully integrated into ours; the risk that revenue opportunities, cost savings and other anticipated synergies from the Measurement Specialties acquisition may not be fully realized or may take longer to realize than expected; and the risk that the sale of the Broadband Network Solutions business may not be consummated, or if consummated, we do not realize the anticipated benefits from such transaction. More detailed information about these and other factors is set forth in TE Connectivity Ltd.’s Annual Report on Form 10-K for the fiscal year ended Sept. 26, 2014 as well as in our Quarterly Reports on Form 10-Q, Current Reports on Form 8-K and other reports filed by us with the U.S. Securities and Exchange Commission.

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ABOUT TE CONNECTIVITY

TE Connectivity (NYSE: TEL) is a $14 billion global technology leader. Our connectivity and sensor solutions are essential in today’s increasingly connected world. We collaborate with engineers to transform their concepts into creations — redefining what’s possible using intelligent, efficient and high-performing TE products and solutions proven in harsh environments. Our 80,000 people, including 7,500 design engineers, partner with customers in 150 countries across a wide range of industries. We believe EVERY CONNECTION COUNTS — www.TE.com.

# # #

Contacts:	Media Relations:	Investor Relations:
	Jane Crawford	Sujal Shah
	TE Connectivity	TE Connectivity
	610-893-9689	610-893-9790
	Jane.crawford@te.com	Sujal.shah@te.com

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TE CONNECTIVITY LTD.

CONSOLIDATED STATEMENTS OF OPERATIONS (UNAUDITED)

	For the Quarters Ended						For the Six Months Ended
	March 27,			March 28,			March 27,			March 28,
	2015			2014			2015			2014
	(in millions, except per share data)
Net sales	$	3,082		$	2,964		$	6,131		$	5,826
Cost of sales	2,031			1,969			4,060			3,886
Gross margin	1,051			995			2,071			1,940
Selling, general, and administrative expenses	391			379			777			758
Research, development, and engineering expenses	160			145			320			286
Acquisition and integration costs	14			1			38			1
Restructuring and other charges (credits), net	38			(1		)	63			5
Operating income	448			471			873			890
Interest income	4			4			9			9
Interest expense	(37		)	(31		)	(71		)	(65		)
Other income (expense), net	(5		)	16			(75		)	48
Income from continuing operations before income taxes	410			460			736			882
Income tax (expense) benefit	(94		)	(120		)	15			(229		)
Income from continuing operations	316			340			751			653
Income from discontinued operations, net of income taxes	283			22			320			62
Net income attributable to TE Connectivity Ltd.	$	599		$	362		$	1,071		$	715
Basic earnings per share attributable to TE Connectivity Ltd.:
Income from continuing operations	$	0.78		$	0.83		$	1.85		$	1.59
Income from discontinued operations	0.70			0.05			0.79			0.15
Net income	1.47			0.88			2.63			1.74
Diluted earnings per share attributable to TE Connectivity Ltd.:
Income from continuing operations	$	0.77		$	0.82		$	1.82		$	1.57
Income from discontinued operations	0.69			0.05			0.77			0.15
Net income	1.45			0.87			2.59			1.71
Dividends paid per common share	$	0.29		$	0.25		$	0.58		$	0.50
Weighted-average number of shares outstanding:
Basic	407			410			407			411
Diluted	413			417			413			417

TE CONNECTIVITY LTD.

CONSOLIDATED BALANCE SHEETS (UNAUDITED)

	March 27,			September 26,
	2015			2014
	(in millions, except share data)
Assets
Current assets:
Cash and cash equivalents	$	697		$	2,457
Accounts receivable, net of allowance for doubtful accounts of $14	2,094			2,057
Inventories	1,684			1,509
Prepaid expenses and other current assets	659			519
Deferred income taxes	617			324
Assets held for sale	1,861			2,000
Total current assets	7,612			8,866
Property, plant, and equipment, net	2,878			2,920
Goodwill	4,832			3,739
Intangible assets, net	1,630			1,087
Deferred income taxes	2,018			2,047
Receivable from Tyco International plc and Covidien plc	948			1,037
Other assets	325			456
Total Assets	$	20,243		$	20,152
Liabilities and Equity
Current liabilities:
Current maturities of long-term debt	$	736		$	577
Accounts payable	1,233			1,230
Accrued and other current liabilities	1,715			1,594
Deferred revenue	96			176
Liabilities held for sale	361			416
Total current liabilities	4,141			3,993
Long-term debt	3,390			3,281
Long-term pension and postretirement liabilities	1,199			1,280
Deferred income taxes	300			229
Income taxes	1,907			2,044
Other liabilities	311			312
Total Liabilities	11,248			11,139
Commitments and contingencies
Equity:
TE Connectivity Ltd. shareholders’ equity:
Common shares, 419,070,781 shares authorized and issued, CHF 0.57 par value	184			184
Contributed surplus	4,625			5,231
Accumulated earnings	5,324			4,253
Treasury shares, at cost, 11,985,784 and 11,383,631 shares, respectively	(728		)	(644		)
Accumulated other comprehensive loss	(416		)	(17		)
Total TE Connectivity Ltd. shareholders’ equity	8,989			9,007
Noncontrolling interests	6			6
Total Equity	8,995			9,013
Total Liabilities and Equity	$	20,243		$	20,152

TE CONNECTIVITY LTD.

 CONSOLIDATED STATEMENTS OF CASH FLOWS (UNAUDITED)

	For the Quarters Ended						For the Six Months Ended
	March 27,			March 28,			March 27,			March 28,
	2015			2014			2015			2014
	(in millions)
Cash Flows From Operating Activities:
Net income	$	599		$	362		$	1,071		$	715
Income from discontinued operations, net of income taxes	(283		)	(22		)	(320		)	(62		)
Income from continuing operations	316			340			751			653
Adjustments to reconcile income from continuing operations to net cash provided by operating activities:
Depreciation and amortization	147			138			307			270
Non-cash restructuring charges	—			4			15			6
Deferred income taxes	25			29			(54		)	44
Provision for losses on accounts receivable and inventories	10			14			28			29
Tax sharing (income) expense	5			(17		)	74			(51		)
Share-based compensation expense	21			20			44			40
Other	16			13			46			35
Changes in assets and liabilities, net of the effects of acquisitions and divestitures:
Accounts receivable, net	(53		)	(131		)	(19		)	(104		)
Inventories	(19		)	(17		)	(180		)	(95		)
Prepaid expenses and other current assets	8			(37		)	11			(19		)
Accounts payable	(19		)	71			(11		)	50
Accrued and other current liabilities	(39		)	(82		)	(241		)	(209		)
Deferred revenue	(24		)	(19		)	(80		)	(10		)
Income taxes	(17		)	32			(132		)	72
Other	(27		)	53			(4		)	29
Net cash provided by continuing operating activities	350			411			555			740
Net cash provided by discontinued operating activities	48			38			138			94
Net cash provided by operating activities	398			449			693			834
Cash Flows From Investing Activities:
Capital expenditures	(156		)	(155		)	(291		)	(281		)
Proceeds from sale of property, plant, and equipment	1			9			6			21
Acquisition of businesses, net of cash acquired	(218		)	(18		)	(1,729		)	(18		)
Other	1			2			(2		)	—
Net cash used in continuing investing activities	(372		)	(162		)	(2,016		)	(278		)
Net cash used in discontinued investing activities	(7		)	(13		)	(14		)	(20		)
Net cash used in investing activities	(379		)	(175		)	(2,030		)	(298		)
Cash Flows From Financing Activities:
Net increase (decrease) in commercial paper	(362		)	50			(92		)	25
Proceeds from issuance of long-term debt	617			—			617			323
Repayment of long-term debt	(250		)	(57		)	(473		)	(360		)
Proceeds from exercise of share options	72			52			88			109
Repurchase of common shares	(130		)	(182		)	(285		)	(392		)
Payment of common share dividends to shareholders	(118		)	(102		)	(236		)	(205		)
Transfer from discontinued operations	41			25			124			74
Other	(3		)	1			(2		)	—
Net cash used in continuing financing activities	(133		)	(213		)	(259		)	(426		)
Net cash used in discontinued financing activities	(41		)	(25		)	(124		)	(74		)
Net cash used in financing activities	(174		)	(238		)	(383		)	(500		)
Effect of currency translation on cash	(16		)	(4		)	(40		)	(10		)
Net increase (decrease) in cash and cash equivalents	(171		)	32			(1,760		)	26
Cash and cash equivalents at beginning of period	868			1,397			2,457			1,403
Cash and cash equivalents at end of period	$	697		$	1,429		$	697		$	1,429
Supplemental Cash Flow Information:
Interest paid	$	18		$	15		$	64		$	62
Income taxes paid, net of refunds	85			61			170			114
Reconciliation to Free Cash Flow:
Net cash provided by continuing operating activities	$	350		$	411		$	555		$	740
Capital expenditures, net	(155		)	(146		)	(285		)	(260		)
Payments (receipts) related to pre-separation U.S. tax matters, net	22			(21		)	26			(21		)
Free cash flow (1)	$	217		$	244		$	296		$	459

(1) Free cash flow is a non-GAAP measure.  See description of non-GAAP measures contained in this release.

TE CONNECTIVITY LTD.

CONSOLIDATED SEGMENT DATA (UNAUDITED)

	For the Quarters Ended								For the Six Months Ended
	March 27,				March 28,				March 27,				March 28,
	2015				2014				2015				2014
	($ in millions)
Net Sales:
Transportation Solutions	$	1,610			$	1,571			$	3,222			$	3,011
Industrial Solutions	797				789				1,581				1,552
Communications Solutions	675				604				1,328				1,263
Total	$	3,082			$	2,964			$	6,131			$	5,826
Operating Income:
Transportation Solutions	$	323	20.1	%	$	338	21.5	%	$	618	19.2	%	$	623	20.7	%
Industrial Solutions	84		10.5	%	102		12.9	%	170		10.8	%	197		12.7	%
Communications Solutions	41		6.1	%	31		5.1	%	85		6.4	%	70		5.5	%
Total	$	448	14.5	%	$	471	15.9	%	$	873	14.2	%	$	890	15.3	%
Adjusted Operating Income (1):
Transportation Solutions	$	333	20.7	%	$	337	21.5	%	$	670	20.8	%	$	623	20.7	%
Industrial Solutions	112		14.1	%	107		13.6	%	210		13.3	%	204		13.1	%
Communications Solutions	61		9.0	%	27		4.5	%	127		9.6	%	69		5.5	%
Total	$	506	16.4	%	$	471	15.9	%	$	1,007	16.4	%	$	896	15.4	%

(1) Adjusted operating income is a non-GAAP measure. See description of non-GAAP measures contained in this release.

TE CONNECTIVITY LTD.

RECONCILIATION OF NET SALES GROWTH (UNAUDITED)

																Percentage of
																Segment’s Total
	Change in Net Sales for the Quarter Ended March 27, 2015															Net Sales for the
	versus Net Sales for the Quarter Ended March 28, 2014															Quarter Ended
	Organic (1)					Translation (2)			Acquisitions		Total					March 27, 2015
	($ in millions)
Transportation Solutions (3):
Automotive	$	49		3.8	%	$	(127	)	$	—	$	(78	)	(6.0	)%	75	%
Commercial Transportation	(3		)	(1.3	)	(18		)	—		(21		)	(9.2	)	13
Sensors	1			1.7		(6		)	143		138			281.6		12
Total	47			3.0		(151		)	143		39			2.5		100	%
Industrial Solutions (3):
Industrial Equipment	19			5.8		(27		)	2		(6		)	(1.8	)	41
Aerospace, Defense, Oil, and Gas	15			5.5		(20		)	35		30			11.0		38
Energy	7			3.5		(23		)	—		(16		)	(8.6	)	21
Total	41			5.2		(70		)	37		8			1.0		100	%
Communications Solutions (3):
Data and Devices	(23		)	(6.0	)	(14		)	—		(37		)	(9.7	)	51
Appliances	10			6.0		(11		)	—		(1		)	(0.6	)	24
Subsea Communications	109			180.7		—			—		109			180.7		25
Total	96			15.9		(25		)	—		71			11.8		100	%
Total	$	184		6.2	%	$	(246	)	$	180	$	118		4.0	%

																Percentage of
																Segment’s Total
	Change in Net Sales for the Six Months Ended March 27, 2015															Net Sales for the
	versus Net Sales for the Six Months Ended March 28, 2014															Six Months Ended
	Organic (1)					Translation (2)			Acquisitions		Total					March 27, 2015
	($ in millions)
Transportation Solutions (3):
Automotive	$	144		5.8	%	$	(188	)	$	—	$	(44	)	(1.8	)%	76	%
Commercial Transportation	12			2.7		(26		)	—		(14		)	(3.3	)	13
Sensors	4			4.5		(9		)	274		269			277.3		11
Total	160			5.3		(223		)	274		211			7.0		100	%
Industrial Solutions (3):
Industrial Equipment	20			3.1		(40		)	3		(17		)	(2.6	)	40
Aerospace, Defense, Oil, and Gas	34			6.5		(29		)	69		74			14.2		38
Energy	8			2.1		(36		)	—		(28		)	(7.4	)	22
Total	62			4.0		(105		)	72		29			1.9		100	%
Communications Solutions (3):
Data and Devices	(74		)	(9.3	)	(24		)	—		(98		)	(12.2	)	53
Appliances	20			6.3		(15		)	—		5			1.6		24
Subsea Communications	158			108.6		—			—		158			108.6		23
Total	104			8.2		(39		)	—		65			5.1		100	%
Total	$	326		5.6	%	$	(367	)	$	346	$	305		5.2	%

(1) Represents the change in net sales resulting from volume and price changes, before consideration of acquisitions, divestitures, and the impact of changes in foreign currency exchange rates. Organic net sales growth is a non-GAAP measure. See description of non-GAAP measures contained in this release.

(2) Represents the change in net sales resulting from changes in foreign currency exchange rates.

(3) Industry end market information is presented consistently with our internal management reporting and may be periodically revised as management deems necessary.

TE CONNECTIVITY LTD.

RECONCILIATION OF NON-GAAP FINANCIAL MEASURES TO GAAP FINANCIAL MEASURES

For the Quarter Ended March 27, 2015

(UNAUDITED)

				Adjustments
				Acquisition			Restructuring
				Related			and Other		Tax			Adjusted
	U.S. GAAP			Charges (1)			Charges, Net (2)		Items (3)			(Non-GAAP) (4)
	($ in millions, except per share data)
Operating Income:
Transportation Solutions	$	323		$	10		$	—	$	—		$	333
Industrial Solutions	84			12			16		—			112
Communications Solutions	41			—			20		—			61
Total	$	448		$	22		$	36	$	—		$	506
Operating Margin	14.5		%									16.4		%
Other Income (Expense), Net	$	(5	)	$	—		$	—	$	11		$	6
Income Tax Expense	$	(94	)	$	(4	)	$	8	$	(13	)	$	(103	)
Income from Continuing Operations Attributable to TE Connectivity Ltd.	$	316		$	18		$	44	$	(2	)	$	376
Diluted Earnings per Share from Continuing Operations Attributable to TE Connectivity Ltd.	$	0.77		$	0.04		$	0.11	$	—		$	0.91

(1) Includes $6 million of non-cash amortization associated with fair value adjustments related to acquired inventories and customer order backlog recorded in cost of sales, $14 million of acquisition and integration costs, and $2 million of restructuring costs.

(2) Includes an income tax charge for the estimated tax impacts of certain intercompany dividends related to the restructuring and anticipated sale of the Broadband Network Solutions business.

(3) Includes an income tax benefit associated with the settlement of audits of prior year income tax returns and the related impact to other expense pursuant to the tax sharing agreement with Tyco International and Covidien.

(4) See description of non-GAAP measures contained in this release.

TE CONNECTIVITY LTD.

RECONCILIATION OF NON-GAAP FINANCIAL MEASURES TO GAAP FINANCIAL MEASURES

For the Quarter Ended March 28, 2014

(UNAUDITED)

				Adjustments
						Restructuring
				Acquisition		and Other
				Related		Charges			Tax			Adjusted
	U.S. GAAP			Charges		(Credits), Net			Items (1)			(Non-GAAP) (2)
	($ in millions, except per share data)
Operating Income:
Transportation Solutions	$	338		$	—	$	(1	)	$	—		$	337
Industrial Solutions	102			1		4			—			107
Communications Solutions	31			—		(4		)	—			27
Total	$	471		$	1	$	(1	)	$	—		$	471
Operating Margin	15.9		%									15.9		%
Other Income, Net	$	16		$	—	$	—		$	(14	)	$	2
Income Tax Expense	$	(120	)	$	—	$	(3	)	$	36		$	(87	)
Income from Continuing Operations Attributable to TE Connectivity Ltd.	$	340		$	1	$	(4	)	$	22		$	359
Diluted Earnings per Share from Continuing Operations Attributable to TE Connectivity Ltd.	$	0.82		$	—	$	(0.01	)	$	0.05		$	0.86

(1) Includes income tax expense related to adjustments to prior year income tax returns. In addition, other income includes amounts related to reimbursements by Tyco International and Covidien in connection with pre-separation tax matters.

(2) See description of non-GAAP measures contained in this release.

TE CONNECTIVITY LTD.

RECONCILIATION OF NON-GAAP FINANCIAL MEASURES TO GAAP FINANCIAL MEASURES

For the Six Months Ended March 27, 2015

(UNAUDITED)

				Adjustments
				Acquisition			Restructuring
				Related			and Other		Tax			Adjusted
	U.S. GAAP			Charges (1)			Charges, Net (2)		Items (3)			(Non-GAAP) (4)
	($ in millions, except per share data)
Operating Income:
Transportation Solutions	$	618		$	51		$	1	$	—		$	670
Industrial Solutions	170			22			18		—			210
Communications Solutions	85			—			42		—			127
Total	$	873		$	73		$	61	$	—		$	1,007
Operating Margin	14.2		%									16.4		%
Other Income (Expense), Net	$	(75	)	$	—		$	—	$	94		$	19
Income Tax (Expense) Benefit	$	15		$	(18	)	$	7	$	(224	)	$	(220	)
Income from Continuing Operations Attributable to TE Connectivity Ltd.	$	751		$	55		$	68	$	(130	)	$	744
Diluted Earnings per Share from Continuing Operations Attributable to TE Connectivity Ltd.	$	1.82		$	0.13		$	0.16	$	(0.31	)	$	1.80

(1) Includes $33 million of non-cash amortization associated with fair value adjustments related to acquired inventories and customer order backlog recorded in cost of sales, $38 million of acquisition and integration costs, and $2 million of restructuring costs.

(2) Includes an income tax charge for the estimated tax impacts of certain intercompany dividends related to the restructuring and anticipated sale of the Broadband Network Solutions business.

(3) Includes $202 million of income tax benefits associated with the settlement of audits of prior year income tax returns as well as the related impact of $94 million to other expense pursuant to the tax sharing agreement with Tyco International and Covidien. Also includes income tax benefits related to the impacts of certain non-U.S. tax law changes and the associated reduction in the valuation allowance for tax loss carryforwards.

(4) See description of non-GAAP measures contained in this release.

TE CONNECTIVITY LTD.

RECONCILIATION OF NON-GAAP FINANCIAL MEASURES TO GAAP FINANCIAL MEASURES

For the Six Months Ended March 28, 2014

(UNAUDITED)

				Adjustments
				Acquisition		Restructuring
				Related		and Other			Tax			Adjusted
	U.S. GAAP			Charges		Charges, Net			Items (1)			(Non-GAAP) (2)
	($ in millions, except per share data)
Operating Income:
Transportation Solutions	$	623		$	—	$	—		$	—		$	623
Industrial Solutions	197			1		6			—			204
Communications Solutions	70			—		(1		)	—			69
Total	$	890		$	1	$	5		$	—		$	896
Operating Margin	15.3		%									15.4		%
Other Income, Net	$	48		$	—	$	—		$	(39	)	$	9
Income Tax Expense	$	(229	)	$	—	$	(4	)	$	43		$	(190	)
Income from Continuing Operations Attributable to TE Connectivity Ltd.	$	653		$	1	$	1		$	4		$	659
Diluted Earnings per Share from Continuing Operations Attributable to TE Connectivity Ltd.	$	1.57		$	—	$	—		$	0.01		$	1.58

(1) Includes income tax expense related to adjustments to prior year income tax returns. In addition, other income includes amounts related to reimbursements by Tyco International and Covidien in connection with pre-separation tax matters, including $18 million related to our share of a settlement agreement entered into by Tyco International with a former subsidiary.

(2) See description of non-GAAP measures contained in this release.

TE CONNECTIVITY LTD.

RECONCILIATION OF NON-GAAP FINANCIAL MEASURES TO GAAP FINANCIAL MEASURES

For the Quarter Ended June 27, 2014

(UNAUDITED)

				Adjustments
				Acquisition		Restructuring
				Related		and Other			Adjusted
	U.S. GAAP			Charges		Charges, Net			(Non-GAAP) (1)
	($ in millions, except per share data)
Operating Income:
Transportation Solutions	$	325		$	—	$	—		$	325
Industrial Solutions	121			1		1			123
Communications Solutions	18			—		9			27
Total	$	464		$	1	$	10		$	475
Operating Margin	15.1		%						15.4		%
Other Income, Net	$	9		$	—	$	—		$	9
Income Tax Expense	$	(102	)	$	—	$	(3	)	$	(105	)
Income from Continuing Operations Attributable to TE Connectivity Ltd.	$	347		$	1	$	7		$	355
Diluted Earnings per Share from Continuing Operations Attributable to TE Connectivity Ltd.	$	0.83		$	—	$	0.02		$	0.85

(1) See description of non-GAAP measures contained in this release.

TE CONNECTIVITY LTD.

RECONCILIATION OF NON-GAAP FINANCIAL MEASURES TO GAAP FINANCIAL MEASURES

For the Year Ended September 26, 2014

(UNAUDITED)

				Adjustments
				Acquisition			Restructuring
				Related			and Other			Tax			Adjusted
	U.S. GAAP			Charges (1)			Charges, Net			Items (2)			(Non-GAAP) (3)
	($ in millions, except per share data)
Operating Income:
Transportation Solutions	$	1,245		$	4		$	4		$	—		$	1,253
Industrial Solutions	431			31			7			—			469
Communications Solutions	129			—			8			—			137
Total	$	1,805		$	35		$	19		$	—		$	1,859
Operating Margin	15.1		%										15.5		%
Other Income, Net	$	63		$	—		$	—		$	(39	)	$	24
Income Tax Expense	$	(146	)	$	(7	)	$	(4	)	$	(239	)	$	(396	)
Income from Continuing Operations Attributable to TE Connectivity Ltd.	$	1,614		$	28		$	15		$	(278	)	$	1,379
Diluted Earnings per Share from Continuing Operations Attributable to TE Connectivity Ltd.	$	3.87		$	0.07		$	0.04		$	(0.67	)	$	3.31

(1) Includes $31 million of acquisition and integration costs and $4 million of non-cash amortization associated with fair value adjustments primarily related to acquired inventories and customer order backlog recorded in cost of sales.

(2) Includes income tax benefits of $282 million recognized in connection with a reduction in the valuation allowance associated with certain tax loss carryforwards and income tax expense related to adjustments to prior year income tax returns. In addition, other income includes amounts related to reimbursements by Tyco International and Covidien in connection with pre-separation tax matters, including $18 million related to our share of a settlement agreement entered into by Tyco International with a former subsidiary.

(3) See description of non-GAAP measures contained in this release.

TE CONNECTIVITY LTD.

RECONCILIATION OF FORWARD-LOOKING NON-GAAP FINANCIAL MEASURES

TO FORWARD-LOOKING GAAP FINANCIAL MEASURES

As of April 22, 2015

(UNAUDITED)

	Outlook for the
	Quarter Ending
	June 26,			Outlook for
	2015			Fiscal 2015
Diluted earnings per share from continuing operations attributable to TE Connectivity Ltd. (GAAP)	$	0.80 - 0.84		$	3.51 - 3.65
Restructuring and other charges, net	0.01			0.18
Acquisition related charges	0.04			0.22
Tax items	—			(0.31		)
Adjusted diluted earnings per share from continuing operations attributable to TE Connectivity Ltd. (non-GAAP) (1)	$	0.85 - 0.89		$	3.60 - 3.74
Net sales growth (GAAP)	2 - 5%			3 - 6%
Translation	10 - 11			8
(Acquisitions) divestitures	(7		)	(6		)
Organic net sales growth (non-GAAP) (1)	5 - 9%			5 - 8%

(1) See description of non-GAAP measures contained in this release.

EX-99.2

Exhibit 99.2

Q2 2015 Earnings April 22, 2015

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 to risks, uncertainty and changes in circumstances, which may cause actual results, performance, financial condition or achievements to differ materially from anticipated results, performance, financial condition or achievements. All statements contained herein that are not clearly historical in nature are forward-looking and the words “anticipate,” “believe,” “expect,” “estimate,” “plan,” and similar expressions are generally intended to identify forward-looking statements. We have no intention and are under no obligation to update or alter (and expressly disclaim any such intention or obligation to do so) our forward-looking statements whether as a result of new information, future events or otherwise, except to the extent required by law. The forward-looking statements in this presentation include statements addressing our future financial condition and operating results and our planned sale of the Broadband Network Solutions business. Examples of factors that could cause actual results to differ materially from those described in the forward-looking statements include, among others, business, economic, competitive and regulatory risks, such as conditions affecting demand for products, particularly in the automotive industry and the telecommunications networks and consumer devices industries; competition and pricing pressure; fluctuations in foreign currency exchange rates and commodity prices; natural disasters and political, economic and military instability in countries in which we operate; developments in the credit markets; future goodwill impairment; compliance with current and future environmental and other laws and regulations; the possible effects on us of changes in tax laws, tax treaties and other legislation; the risk that the operations of Measurement Specialties will not be successfully integrated into ours; the risk that revenue opportunities, cost savings and other anticipated synergies from the Measurement Specialties acquisition may not be fully realized or may take longer to realize than expected; and the risk that the sale of the Broadband Network Solutions business may not be consummated, or if consummated, we do not realize the anticipated benefits from such transaction. More detailed information about these and other factors is set forth in TE Connectivity Ltd.’s Annual Report on Form 10-K for the fiscal year ended Sept. 26, 2014 as well as in our Quarterly Reports on Form 10-Q, Current Reports on Form 8-K, and other reports filed by us with the U.S. Securities and Exchange Commission. Non-GAAP Measures Where we have used non-GAAP financial measures, reconciliations to the most comparable GAAP measure are provided, along with a disclosure on the usefulness of the non-GAAP measure, in this presentation. Forward-Looking Statements and Non-GAAP Measures 2

Strong Q2 Results Sales up 4% and 6% organic Y/Y to $3.08B, vs. implied Guidance of $3.16B Adjusted EPS up 6% to $0.91 Y/Y, above implied Guidance of $0.89 FX headwinds: $246M Revenue and $0.09 EPS Y/Y Free Cash Flow $217M; Returned $261M to shareholders Broadband Networks sale to CommScope on track to close by end of calendar 2015 Reporting Structure 3 segments – Transportation, Industrial, and new Communications segment BNS reported as Discontinued Operations in Q2 Increased Content Driving Growth 80% of Revenue driven by harsh applications Continued momentum in Sensors with design wins across market verticals TE provides key building blocks for the connected world TE Operating Advantage (TEOA) Delivering Strong Margins 34.3% Adjusted Gross Margin from Continuing Operations, up 70 bps Y/Y Continuing Operations Adjusted Operating Margin 16.4%, up 50 bps vs prior year Organic Sales Growth, Adjusted EPS, Adjusted Operating Margin, Adjusted Gross Margin, and Free Cash Flow are non-GAAP measures; see Appendix for description and reconciliation. Strong Operational Performance More Than Offsets FX Headwind Q2 2015 Summary 3

Continuing to Hold Full Year Outlook Despite Additional FX headwinds Adjusted EPS range of $3.60 - $3.74, up 11% vs prior year at Mid-Point FY15 organic revenue guidance up 6% vs prior year Strong performance in harsh businesses and SubCom FY15 FX headwinds total $1.01B in revenue and $0.38 in EPS vs prior year Organic Sales Growth and Adjusted EPS are non-GAAP measures; see Appendix for description and reconciliation. Expect Double Digit Adjusted Earnings Growth Despite Significant FX Headwinds FY 2015 Summary 4 Sales Adjusted EPS FY15 Continuing Operations Implied January Guidance $12,790 $3.67 FX (235) (0.07) Operational Performance (55) 0.07 FY15 Continuing Operations April Guidance $12,500 $3.67

Y/Y Growth Rates Actual Organic Automotive $1,215 (6)% 4% Commercial Transportation 208 (9)% (1)% Sensors 187 282% 2%* Transportation Solutions $1,610 2% 3% $ in Millions Revenue TE Auto sales up 4% organically on 1% auto production growth Continuing to build strong design win pipeline Automotive organic growth across regions Commercial Transportation market slowing as expected; off highway continues to be soft New Sensor wins in multiple market verticals Adjusted Margin growth in Automotive and Commercial Transportation offset by M&A, Sensor investments and FX Business Performance Actual Up 2% Organic Up 3% Actual Organic Orders $1,653 5% 5% Adjusted Operating Margin Adjusted Operating Income $333M, Down 1% *Sensors organic sales growth represents TE’s organic sensors business, excluding the impact of the Measurement Specialties and AST acquisitions and changes in foreign currency exchange rates Organic Sales Growth, Adjusted Operating Income, and Adjusted Operating Margin are non-GAAP measures; see Appendix for description and reconciliation. Transportation Solutions 5

Y/Y Growth Rates Actual Organic Industrial Equipment $324 (2)% 6% Aerospace, Defense, Oil & Gas 303 11% 6% Energy 170 (9)% 4% Industrial Solutions $797 1% 5% $ in Millions Revenue 7 consecutive quarters of Y/Y organic growth Continued strength in Commercial Aerospace and steady growth in Industrial Equipment more than offsetting a weak Oil and Gas market AdvancedCath acquisition increases opportunity in the high growth medical interventional market Y/Y Adjusted margin expansion driven by revenue growth and TEOA initiatives which more than offsets FX headwinds Business Performance Actual Up 1% Organic Up 5% Actual Organic Orders $828 -% 3% Adjusted Operating Margin Adjusted Operating Income $112M, Up 5% Organic Sales Growth, Adjusted Operating Income, and Adjusted Operating Margin are non-GAAP measures; see Appendix for description and reconciliation. Industrial Solutions 6

Y/Y Growth Rates Actual Organic Data & Devices $346 (10)% (6)% Appliances 159 (1)% 6% SubCom 170 181% 181% Communications Solutions $675 12% 16% $ in Millions Revenue Continued strong performance in Appliances business Strong performance and recovery in SubCom business Data & Devices decline Y/Y driven by low margin product exits and softness in APAC Adjusted Operating Margin doubled Y/Y due primarily to SubCom revenue growth and Data & Device portfolio benefits Business Performance Actual Up 12% Organic Up 16% Actual Organic Orders $522 (14)% (10)% Adjusted Operating Margin Adjusted Operating Income $61M, Up 126% Organic Sales Growth, Adjusted Operating Income, and Adjusted Operating Margin are non-GAAP measures; see Appendix for description and reconciliation. 7 Communications Solutions

Adjusted Operating Income, Adjusted Operating Margin and Adjusted EPS are non-GAAP measures; see Appendix for description and reconciliation. ($ in Millions, except per share amounts) Q2 FY14 Q2 FY15 Net Sales $ 2,964 $ 3,082 Operating Income $ 471 $ 448 Acquisition Related Charges 1 22 Restructuring & Other Charges, net (1) 36 Adjusted Operating Income $ 471 $ 506 Operating Margin 15.9% 14.5% Adjusted Operating Margin 15.9% 16.4% GAAP Earnings Per Share $ 0.82 $ 0.77 Acquisition Related Charges - 0.04 Restructuring & Other Charges, net (0.01) 0.11 Tax Items 0.05 - Adjusted EPS $ 0.86 $ 0.91 4% Sales growth & strong execution drive 50bps Adjusted Operating Margin expansion Q2 Financial Summary 8

$ in Millions Adjusted Gross Margin Percentage Adjusted Gross Margin increases 70 bps with productivity gains and leverage on additional volume Adjusted Operating margin expansion driven by TEOA initiatives and additional organic volume Timing of SubCom projects and payments impacting FCF Adjusted Operating Margin Free Cash Flow Adjusted Gross Margin Percentage, Free Cash Flow, and Adjusted Operating Margin are non-GAAP measures; See Appendix for description and reconciliation. 16.0% TE Operating Advantage (TEOA) 9

Revenue Guidance Revenue up 7% organically, with 2% adjusted EPS growth Y/Y including FX impact Transportation Solutions Industrial Solutions Communications Solutions TE Connectivity Highlights Revenue $3.13B to $3.23B Adjusted EPS $0.85 to $0.89 Revenue up 3% Actual and 7% Organic Y/Y at midpoint Revenue growth more than offset by $330M FX impact Adjusted EPS 0% - 5% Y/Y, includes ~$0.13 FX headwind Continued strong performance in Transportation with growth well in excess of 1% auto production growth Expect continued strength in Commercial Aerospace and Industrial Equipment demand to offset weakness in Oil & Gas New SubCom AEC program now in force Continue to drive operating margin expansion in Communications Solutions Up Low Single Digits Up Mid Single Digits Organic Up Mid Teens Up High Teens Organic Down Low Single Digits Up Low Single Digits Organic * Assumes foreign exchange rates and commodity prices that are consistent with current levels ** Organic Sales Growth and Adjusted EPS are non-GAAP measures; see Appendix for description and reconciliation. Q3 Outlook* 10

Revenue up 6% organically, with 11% adjusted EPS growth Y/Y including FX impact Revenue of $12.35B - $12.65B Adjusted EPS of $3.60 - $3.74 Revenue up 4% at midpoint, up 6% organic at midpoint FX impacting revenue by ~$1.01B Y/Y Adjusted EPS up 11% at midpoint, with ~$0.38 FX headwind Strong performance in our harsh environment business Transportation growth expected up mid single digits on global auto production growth of ~2% Y/Y Growing momentum in Sensors with new design wins in Automotive and other high growth applications SubCom revenues expected to be above $700M Strong operational performance more than offsets the FX headwinds $1B of Revenue and $.38 EPS Up Mid Single Digits Up Mid Single Digits Organic Up Mid Single Digits Up Low Double Digits Organic Flat Year Over Year Up Low Single Digits Organic * Assumes foreign exchange rates and commodity prices that are consistent with current levels ** Organic Sales Growth and Adjusted EPS are non-GAAP measures; see Appendix for description and reconciliation. FY15 Outlook* Revenue Guidance Transportation Solutions Industrial Solutions TE Connectivity Highlights 11 Communications Solutions

Additional Information 12

8-K Recast Summary 13 8-K Recast Summary (in millions) Segment and Industry End Market For the Quarters Ended For the Years Ended  December 28, 2012 March 29, 2013 June 28, 2013 September 27, 2013 December 27, 2013 March 28, 2014 June 27, 2014 September 26, 2014 December 26, 2014 September 27, 2013 September 26, 2014 Net Sales: Transportation Solutions:  Automotive $ 1,075 $ 1,152 $ 1,186 $ 1,158 $ 1,193 $ 1,293 $ 1,297 $ 1,228 $ 1,227 $ 4,571 $ 5,011 Commercial Transportation 145 184 204 192 199 229 239 212 206 725 879 Sensors 44 49 48 48 48 49 50 53 179 189 200 Total 1,264 1,385 1,438 1,398 1,440 1,571 1,586 1,493 1,612 5,485 6,090 Industrial Solutions:  Industrial Equipment 295 305 335 349 322 330 349 363 311 1,284 1,364 Aerospace, Defense, Oil, and Gas 238 260 260 261 248 273 292 327 292 1,019 1,140 Energy 187 194 208 208 193 186 208 211 181 797 798 Total 720 759 803 818 763 789 849 901 784 3,100 3,302 Communications Solutions:  Data and Devices 474 438 434 444 422 383 411 425 361 1,790 1,641 Appliances 141 153 162 162 152 160 177 168 158 618 657 Subsea Communications 108 82 104 103 85 61 52 85 134 397 283 Total 723 673 700 709 659 604 640 678 653 2,805 2,581 Total $ 2,707 $ 2,817 $ 2,941 $ 2,925 $ 2,862 $ 2,964 $ 3,075 $ 3,072 $ 3,049 $ 11,390 $ 11,973 Adjusted Operating Income (1):  Transportation Solutions $ 195 $ 251 $ 273 $ 261 $ 286 $ 337 $ 325 $ 305 $ 337 $ 980 $ 1,253 Industrial Solutions 82 98 104 130 97 107 123 142 98 414 469 Communications Solutions 60 41 53 73 42 27 27 41 66 227 137 Total $ 337 $ 390 $ 430 $ 464 $ 425 $ 471 $ 475 $ 488 $ 501 $ 1,621 $ 1,859  Adjusted Operating Margin (1): 12.4% 13.8% 14.6% 15.9% 14.8% 15.9% 15.4% 15.9% 16.4% 14.2% 15.5%   (1) A non-GAAP measure. See Appendix for description and reconciliation. Impact of Divestiture Net Sales: $ (427) $ (448) $ (508) $ (507) $ (464) $ (467) $ (505) $ (503) $ (417) $ (1,890) $ (1,939) Adjusted Operating Income (1): (53) (53) (79) (75) (61) (61) (75) (83) (54) (260) (280) Adjusted EPS (1): $ (0.08) $ (0.06) $ (0.15) $ (0.13) $ (0.10) $ (0.09) $ (0.15) $ (0.14) $ (0.09) $ (0.44) $ (0.48)

Guidance Bridge Q2 2015 (performance versus implied guidance) 14 Sales Adjusted EPS Q2 2015 January Guidance $3,600 $1.00 Discontinued Operations (Implied in January Guidance) (440) (0.11) Q2 2015 Continuing Operations Implied January Guidance $3,160 $.89 FX (40) - Operational Performance (38) .02 Q2 2015 Continuing Operations Results $3,082 $.91 Adjusted EPS is a non-GAAP measure; See Appendix for description and reconciliation.

Y/Y Q2 2015 Continuing Ops Performance 15 Sales Adjusted EPS Q2 2014 Results (Previously Reported) $3,431 $.95 Discontinued Operations (467) (0.09) Q2 2014 Results (Recast in March 23, 2015 Form 8-K) $2,964 $.86 FX Impact (246) (0.09) Operational Performance 364 .14 Q2 2015 Continuing Operations Results $3,082 $.91 Adjusted EPS is a non-GAAP measure; See Appendix for description and reconciliation.

Guidance Bridge FY15 • January Guidance of $4.20 assumed: •Continuing Operations $3.67 •Divestiture $0.53 Adjusted EPS Sales • Form 8-K Filed March 23, 2015 Regarding Discontinued Operations FX (500) (0.20) • FY14 Adjusted EPS Contribution $0.48 Q1 FY15 Adjusted EPS Contribution $0.09 Strong seasonal EPS growth in 2H in FY13 and FY14 Implied FY15 divestiture contribution of $0.53 Operational Performance 150 0.20 • • Discontinued Operations (Implied in January Guidance) (1,860) (0.53) • $12,790 $3.67 Implied January Guidance • Reiterate Guidance of $3.67 despite FX headwind with: FX (235) (0.07) • • • • • Robust harsh portfolio Strong SubCom TE Operating Advantage (TEOA) M&A Integration Operational Execution Operational Performance (55) 0.07 Maintaining Guidance Despite FX Headwind 16 Adjusted EPS is a non-GAAP measure; See Appendix for description and reconciliation. FY15 Continuing Operations April Guidance $12,500 $3.67 FY15 Continuing Operations FY15 January Guidance $14,650 $4.20 FY15 October Guidance $15,000 $4.20

Y/Y FY15 Expected Performance 17 Sales Adjusted EPS FY14 Results (Previously Reported) $13,912 $3.79 Discontinued Operations (1,939) (0.48) FY14 Results (Recast in March 23, 2015 Form 8-K) $11,973 $3.31 FX Impact (1,015) (0.38) Operational Performance 1,542 .74 FY15 Continuing Operations April Guidance $12,500 $3.67 Adjusted EPS is a non-GAAP measure; See Appendix for description and reconciliation.

Liquidity Summary ($ in Millions) Q2 2015 Q2 2014 Beginning Cash Balance $868 $1,397 Free Cash Flow 217 244 Dividends (118) (102) Share repurchases (130) (182) Acquisitions, net of cash acquired (218) (18) Proceeds from exercise of share options 72 52 Proceeds from issuance of debt and CP, net 255 50 Repayment of long-term debt (250) (57) Other 1 45 Ending Cash Balance $697 $1,429 Total Debt $4,126 $2,905 ($ in Millions) Q2 2015 Q2 2014 Cash from Continuing Operations $350 $411 Capital expenditures, net Pre-separation US tax payments (receipts) (155) 22 (146) (21) Free Cash Flow $217 $244 A/R - $ $2,094 $2,036 Days Sales Outstanding* 61 62 Inventory (Excl. CIP) - $ $1,650 $1,537 Days on Hand* 73 70 Accounts Payable - $ $1,233 $1,255 Days Outstanding* 55 57 Free Cash Flow is a non-GAAP measure, see Appendix for description * Adjusted to exclude the impact of acquisitions. Free Cash Flow and Working Capital Liquidity, Cash & Debt Q2 Balance Sheet & Cash Flow Summary 18

Appendix 19

Non-GAAP Measures “Organic Sales Growth,” “Adjusted Gross Margin,” “Adjusted Gross Margin Percentage,” “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,” and “Free Cash Flow” (FCF) are non-GAAP measures and should not be considered replacements for GAAP* results. “Organic Sales Growth” is a useful measure of our underlying results and trends in the business. It is also a significant component in our incentive compensation plans. The difference between reported net sales growth (the most comparable GAAP measure) and Organic Sales Growth (the non-GAAP measure) consists of the impact from foreign currency exchange rates and acquisitions and divestitures, if any. Organic Sales Growth is a useful measure of our performance because it excludes items that: i) are not completely under management’s control, such as the impact of changes in foreign currency exchange rates; or ii) do not reflect the underlying growth of the company, such as acquisition and divestiture activity. The limitation of this measure is that it excludes items that have an impact on our sales. This limitation is best addressed by using Organic Sales Growth in combination with net sales growth. We present gross margin and gross margin percentage before special items including charges or income related to restructuring and other charges and acquisition related charges, if any ("Adjusted Gross Margin“ and “Adjusted Gross Margin Percentage”). We present Adjusted Gross Margin and Adjusted Gross Margin Percentage before special items to give investors a perspective on the underlying business results. These measures should be considered in conjunction with gross margin calculated using our GAAP results in order to understand the amounts, character and impact of adjustments to gross margin. We present operating income before special items including charges or income related to restructuring and other charges, acquisition related charges, impairment charges, and other income or charges, if any (“Adjusted Operating Income”). We utilize Adjusted Operating Income to assess segment level core operating performance and to provide insight to management in evaluating segment operating plan execution and underlying market conditions. It also is a significant component in our incentive compensation plans. Adjusted Operating Income is a useful measure for investors because it provides insight into our underlying operating results, trends, and the comparability of these results between periods. The difference between Adjusted Operating Income and operating income (the most comparable GAAP measure) consists of the impact of special items that may mask the underlying operating results and/or business trends. The limitation of this measure is that it excludes the financial impact of items that would otherwise either increase or decrease our reported operating income. This limitation is best addressed by using Adjusted Operating Income in combination with operating income in order to better understand the amounts, character and impact of any increase or decrease on reported results. We present operating margin before special items including charges or income related to restructuring and other charges, acquisition related charges, impairment charges, and other income or charges, if any (“Adjusted Operating Margin”). We present Adjusted Operating Margin before special items to give investors a perspective on the underlying business results. This measure should be considered in conjunction with operating margin calculated using our GAAP results in order to understand the amounts, character and impact of adjustments to operating margin. We present other income, net before special items including tax sharing income related to certain proposed adjustments to prior period tax returns and other tax items, if any (“Adjusted Other Income, Net”). We present Adjusted Other Income, Net as we believe that it is appropriate for investors to consider results excluding these items in addition to results in accordance with GAAP. The difference between Adjusted Other Income, Net and other income, net (the most comparable GAAP measure) consists of tax sharing income related to certain proposed adjustments to prior period tax returns and other tax items, if any. The limitation of this measure is that it excludes the financial impact of items that would otherwise either increase or decrease other income, net. This limitation is best addressed by using Adjusted Other Income, Net in combination with other income, net in order to better understand the amounts, character and impact of any increase or decrease in reported amounts. We present income tax expense after adjusting for the tax effect of special items including charges related to restructuring and other charges, acquisition related charges, impairment charges, other income or charges, and certain significant special tax items, if any (“Adjusted Income Tax Expense”). We present Adjusted Income Tax Expense to provide investors further information regarding the tax effects of adjustments used in determining the non-GAAP financial measure Adjusted Income from Continuing Operations (as defined below). The difference between Adjusted Income Tax Expense and income tax expense (the most comparable GAAP measure) is the tax effect of adjusting items and certain significant special tax items, if any. The limitation of this measure is that it excludes the financial impact of items that would otherwise either increase or decrease income tax expense. This limitation is best addressed by using Adjusted Income Tax Expense in combination with income tax expense in order to better understand the amounts, character and impact of any increase or decrease in reported amounts. * U.S. Generally Accepted Accounting Principles 20

We present effective income tax rate after adjusting for the tax effect of special items including charges related to restructuring and other charges, acquisition related charges, impairment charges, other income or charges, and certain significant special tax items, if any (“Adjusted Effective Tax Rate”). We present Adjusted Effective Tax Rate to provide investors further information regarding the tax rate effects of adjustments used in determining the non-GAAP financial measure Adjusted Income from Continuing Operations (as defined below). The difference between Adjusted Effective Tax Rate and effective income tax rate (the most comparable GAAP measure) is the tax rate effect of the adjusting items and certain significant special tax items, if any. The limitation of this measure is that it excludes the financial impact of items that would otherwise either increase or decrease the effective income tax rate. This limitation is best addressed by using Adjusted Effective Tax Rate in combination with effective income tax rate in order to better understand the amounts, character and impact of any increase or decrease in reported amounts. We present income from continuing operations attributable to TE Connectivity Ltd. before special items including charges or income related to restructuring and other charges, acquisition related charges, impairment charges, tax sharing income related to certain proposed adjustments to prior period tax returns and other tax items, certain significant special tax items, other income or charges, if any, and, if applicable, related tax effects (“Adjusted Income from Continuing Operations”). We present Adjusted Income from Continuing Operations as we believe that it is appropriate for investors to consider results excluding these items in addition to results in accordance with GAAP. Adjusted Income from Continuing Operations provides additional information regarding our underlying operating results, trends and the comparability of these results between periods. The difference between Adjusted Income from Continuing Operations and income from continuing operations attributable to TE Connectivity Ltd. (the most comparable GAAP measure) consists of the impact of special items and, if applicable, related tax effects. The limitation of this measure is that it excludes the financial impact of items that would otherwise either increase or decrease our reported results. This limitation is best addressed by using Adjusted Income from Continuing Operations in combination with income from continuing operations attributable to TE Connectivity Ltd. in order to better understand the amounts, character and impact of any increase or decrease in reported amounts. We present diluted earnings per share from continuing operations attributable to TE Connectivity Ltd. before special items, including charges or income related to restructuring and other charges, acquisition related charges, impairment charges, tax sharing income related to certain proposed adjustments to prior period tax returns and other tax items, certain significant special tax items, other income or charges, if any, and, if applicable, related tax effects (“Adjusted Earnings Per Share”). We present Adjusted Earnings Per Share because we believe that it is appropriate for investors to consider results excluding these items in addition to results in accordance with GAAP. We believe such a measure provides a picture of our results that is more comparable among periods since it excludes the impact of special items, which may recur, but tend to be irregular as to timing, thereby making comparisons between periods more difficult. It also is a significant component in our incentive compensation plans. The limitation of this measure is that it excludes the financial impact of items that would otherwise either increase or decrease our reported results. This limitation is best addressed by using Adjusted Earnings Per Share in combination with diluted earnings per share from continuing operations attributable to TE Connectivity Ltd. (the most comparable GAAP measure) in order to better understand the amounts, character and impact of any increase or decrease on reported results. “Free Cash Flow” (FCF) is a useful measure of our ability to generate cash. The difference between net cash provided by continuing operating activities (the most comparable GAAP measure) and Free Cash Flow (the non-GAAP measure) consists mainly of significant cash outflows and inflows that we believe are useful to identify. We believe free cash flow provides useful information to investors as it provides insight into the primary cash flow metric used by management to monitor and evaluate cash flows generated from our operations. Free Cash Flow is defined as net cash provided by continuing operating activities excluding voluntary pension contributions and the cash impact of special items, if any, minus net capital expenditures. Net capital expenditures consist of capital expenditures less proceeds from the sale of property, plant, and equipment. These items are subtracted because they represent long-term commitments. Voluntary pension contributions are excluded from the GAAP measure because this activity is driven by economic financing decisions rather than operating activity. Certain special items, including net payments related to pre-separation tax matters, also are considered by management in evaluating free cash flow. We believe investors should also consider these items in evaluating our free cash flow. Free Cash Flow as presented herein may not be comparable to similarly-titled measures reported by other companies. The primary limitation of this measure is that it excludes items that have an impact on our GAAP cash flow. Also, it subtracts certain cash items that are ultimately within management’s and the Board of Directors’ discretion to direct and may imply that there is less or more cash available for our programs than the most comparable GAAP measure indicates. This limitation is best addressed by using Free Cash Flow in combination with the GAAP cash flow results. It should not be inferred that the entire free cash flow amount is available for future discretionary expenditures, as our definition of free cash flow does not consider certain non-discretionary expenditures, such as debt payments. In addition, we may have other discretionary expenditures, such as discretionary dividends, share repurchases, and business acquisitions, that are not considered in the calculation of free cash flow. Non-GAAP Measures (cont.) 21

Segment Summary Q2 FY2015 22  Segment Summary Q2 FY2015 ($ in millions) For the Quarters Ended Net Sales Adjusted Actual Organic Operating Segment Q2 FY15 Q2 FY14 Growth Growth (1) Margin (1) $ 1,610 $ 1,571 2.5 % 3.0 % 20.7 % 797 789 1.0 5.2 14.1  675 604 11.8 15.9 9.0  $ 3,082 $ 2,964 4.0 % 6.2 % 16.4 %  For the Six Months Ended Net Sales Adjusted Actual Organic Operating Segment Q2 FY15 Q2 FY14 Growth Growth (1) Margin (1) $ 3,222 $ 3,011 7.0 % 5.3 % 20.8 % 1,581 1,552 1.9 4.0 13.3  1,328 1,263 5.1 8.2 9.6  $ 6,131 $ 5,826 5.2 % 5.6 % 16.4 %  (1) See description and reconciliation of non-GAAP measures contained in this appendix.

Reconciliation of Net Sales Growth– Q2 15 vs. Q2 14 23 Reconciliation of Net Sales Growth- Q2 15 vs. Q2 14 Percentage of Segment's Total Change in Net Sales for the Quarter Ended March 27, 2015 Net Sales for the versus Net Sales for the Quarter Ended March 28, 2014 Quarter Ended   Organic (1) Translation (2) Acquisitions Total March 27, 2015 Transportation Solutions (3): ($ in millions)  Automotive $ 49 3.8 % $ (127) $ - $ (78) (6.0) % 75 % Commercial Transportation (3) (1.3) (18) - (21) (9.2) 13 Sensors 1 1.7 (6) 143 138 281.6 12 Total 47 3.0 (151) 143 39 2.5 100 % Industrial Solutions (3):  Industrial Equipment 19 5.8 (27) 2 (6) (1.8) 41 Aerospace, Defense, Oil, and Gas 15 5.5 (20) 35 30 11.0 38 Energy 7 3.5 (23) - (16) (8.6) 21 Total 41 5.2 (70) 37 8 1.0 100 % Communications Solutions (3):  Data and Devices (23) (6.0) (14) - (37) (9.7) 51 Appliances 10 6.0 (11) - (1) (0.6) 24 Subsea Communications 109 180.7 - - 109 180.7 25 Total 96 15.9 (25) - 71 11.8 100% Total $ 184 6.2 % $ (246) $ 180 $ 118 4.0 %   Represents the change in net sales resulting from volume and price changes, before consideration of acquisitions, divestitures, and the impact of changes in foreign currency exchange rates. Organic net sales growth is a non-GAAP measure. See description of non-GAAP measures contained in this appendix. Represents the change in net sales resulting from changes in foreign currency exchange rates. Industry end market information about net sales is presented consistently with our internal management reporting and may be periodically revised as management deems necessary.

Reconciliation of Net Sales Growth– YTD Q2 15 vs. YTD Q2 14 24 Reconciliation of Net Sales Growth- YTD Q2 15 vs. YTD Q2 14 Percentage of Segment's Total Change in Net Sales for the Six Months Ended March 27, 2015 Net Sales for the versus Net Sales for the Six Months Ended March 28, 2014 Six Months Ended Organic (1) Translation (2) Acquisitions Total March 27, 2015 Transportation Solutions (3): ($ in millions)  Automotive $ 144 5.8 % $ (188) $ - $ (44) (1.8) % 76 % Commercial Transportation 12 2.7 (26) - (14) (3.3) 13 Sensors 4 4.5 (9) 274 269 277.3 11 Total 160 5.3 (223) 274 211 7.0 100 % Industrial Solutions (3):  Industrial Equipment 20 3.1 (40) 3 (17) (2.6) 40 Aerospace, Defense, Oil, and Gas 34 6.5 (29) 69 74 14.2 38 Energy 8 2.1 (36) - (28) (7.4) 22 Total 62 4.0 (105) 72 29 1.9 100 % Communications Solutions (3):  Data and Devices (74) (9.3) (24) - (98) (12.2) 53 Appliances 20 6.3 (15) - 5 1.6 24 Subsea Communications 158 108.6 - - 158 108.6 23 Total 104 8.2 (39) - 65 5.1 100% Total $ 326 5.6 % $ (367) $ 346 $ 305 5.2 %   Represents the change in net sales resulting from volume and price changes, before consideration of acquisitions, divestitures, and the impact of changes in foreign currency exchange rates. Organic net sales growth is a non-GAAP measure. See description of non-GAAP measures contained in this appendix. Represents the change in net sales resulting from changes in foreign currency exchange rates. Industry end market information about net sales is presented consistently with our internal management reporting and may be periodically revised as management deems necessary.

Reconciliation of Net Sales Growth by Segment and Geography – Q2 15 vs. Q2 14 25 Reconciliation of Net Sales Growth by Segment and Geography - Q2 15 vs. Q2 14 Change in Net Sales for the Quarter Ended March 27, 2015 versus Net Sales for the Quarter Ended March 28, 2014 Transportation Solutions: Organic (1) Translation (2) Acquisitions Total   ($ in millions)  EMEA $ 20 2.9 % $ (117) $ 62 $ (35) (5.1) % Asia-Pacific 23 4.2 (25) 21 19 3.5  Americas 4 1.1 (9) 60 55 15.9  Total 47 3.0 (151) 143 39 2.5  Industrial Solutions:  EMEA 6 1.9 (57) 11 (40) (12.2)  Asia-Pacific 11 7.2 (8) 2 5 3.4  Americas 24 7.6 (5) 24 43 13.7  Total 41 5.2 (70) 37 8 1.0  Communications Solutions:  EMEA 7 8.2 (15) - (8) (9.4)  Asia-Pacific (30) (8.6) (9) - (39) (11.3)  Americas 119 68.4 (1) - 118 67.8  Total 96 15.9 (25) - 71 11.8  Total:  EMEA 33 3.0 (189) 73 (83) (7.6)  Asia-Pacific 4 0.4 (42) 23 (15) (1.4)  Americas 147 17.6 (15) 84 216 25.9  Total $ 184 6.2 % $ (246) $ 180 $ 118 4.0 %  Represents the change in net sales resulting from volume and price changes, before consideration of acquisitions, divestitures, and the impact of changes in foreign currency exchange rates. Organic net sales growth is a non-GAAP measure. See description of non¬GAAP measures contained in this appendix. Represents the change in net sales resulting from changes in foreign currency exchange rates.

Reconciliation of Non-GAAP Financial Measures to GAAP Financial Measures for the Six Months Ended March 27, 2015 26 Reconciliation of Non-GAAP Financial Measures to GAAP Financial Measures for the Six Months Ended March 27, 2015 Operating Income: U.S. GAAP Adjustments Adjusted (Non-GAAP) (4)  Acquisition Related Charges (1) Restructuring and Other Charges, Net (2) Tax Items (3)   ($ in millions, except per share data)  Transportation Solutions $ 618 $ 51 $ 1 $ - $ 670 Industrial Solutions 170 22 18 - 210 Communications Solutions 85 - 42 - 127 Total $ 873 $ 73 $ 61 $ - $ 1,007 Operating Margin 14.2% 16.4% Other Income (Expense), Net $ (75) $ - $ - $ 94 $ 19 Income Tax (Expense) Benefit $ 15 $ (18) $ 7 $ (224) $ (220) Effective Tax Rate NM (5) 22.8% Income from Continuing Operations  Attributable to TE Connectivity Ltd. $ 751 $ 55 $ 68 $ (130) $ 744 Diluted Earnings per Share from  Continuing Operations Attributable to TE Connectivity Ltd. $ 1.82 $ 0.13 $ 0.16 $ (0.31) $ 1.80  Includes $33 million of non-cash amortization associated with fair value adjustments related to acquired inventories and customer order backlog recorded in cost of sales, $38 million of acquisition and integration costs, and $2 million of restructuring costs. Includes an income tax charge for the estimated tax impacts of certain intercompany dividends related to the restructuring and anticipated sale of the Broadband Network Solutions business. Includes $202 million of income tax benefits associated with the settlement of audits of prior year income tax returns as well as the related impact of $94 million to other expense pursuant to the tax sharing agreement with Tyco International and Covidien. Also includes income tax benefits related to the impacts of certain non-U.S. tax law changes and the associated reduction in the valuation allowance for tax loss carryforwards. See description of non-GAAP measures contained in this appendix. Not meaningful.

Reconciliation of Non-GAAP Financial Measures to GAAP Financial Measures for the Quarter Ended March 27, 2015 27 Reconciliation of Non-GAAP Financial Measures to GAAP Financial Measures for the Quarter Ended March 27, 2015 Operating Income: U.S. GAAP Adjustments Adjusted (Non-GAAP) (4)  Acquisition Related Charges (1) Restructuring and Other Charges, Net (2) Tax Items (3)   ($ in millions, except per share data)  Transportation Solutions $ 323 $ 10 $ - $ - $ 333 Industrial Solutions 84 12 16 - 112 Communications Solutions 41 - 20 - 61 Total $ 448 $ 22 $ 36 $ - $ 506 Operating Margin 14.5% 16.4% Other Income (Expense), Net $ (5) $ - $ - $ 11 $ 6 Income Tax Expense $ (94) $ (4) $ 8 $ (13) $ (103) Effective Tax Rate 22.9% 21.5%  Income from Continuing Operations Attributable to TE Connectivity Ltd. $ 316 $ 18 $ 44 $ (2) $ 376 Diluted Earnings per Share from Continuing Operations Attributable to TE Connectivity Ltd. $ 0.77 $ 0.04 $ 0.11 $ - $ 0.91  27 Includes $6 million of non-cash amortization associated with fair value adjustments related to acquired inventories and customer order backlog recorded in cost of sales, $14 million of acquisition and integration costs, and $2 million of restructuring costs. Includes an income tax charge for the estimated tax impacts of certain intercompany dividends related to the restructuring and anticipated sale of the Broadband Network Solutions business. Includes an income tax benefit associated with the settlement of audits of prior year income tax returns and the related impact to other expense pursuant to the tax sharing agreement with Tyco International and Covidien. See description of non-GAAP measures contained in this appendix.

Reconciliation of Non-GAAP Financial Measures to GAAP Financial Measures for the Quarter Ended December 26, 2014 28 Reconciliation of Non-GAAP Financial Measures to GAAP Financial Measures for the Quarter Ended December 26, 2014 Operating Income: U.S. GAAP Adjustments Adjusted (Non-GAAP) (3)  Acquisition Related Charges (1) Restructuring and Other Charges, Net Tax Items (2)   ($ in millions, except per share data)  Transportation Solutions $ 295 $ 41 $ 1 $ - $ 337 Industrial Solutions 86 10 2 - 98 Communications Solutions 44 - 22 - 66 Total $ 425 $ 51 $ 25 $ - $ 501 Operating Margin 13.9% 16.4% Other Income (Expense), Net $ (70) $ - $ - $ 83 $ 13 Income Tax (Expense) Benefit $ 109 $ (14) $ (1) $ (211) $ (117) Income from Continuing Operations  Attributable to TE Connectivity Ltd. $ 435 $ 37 $ 24 $ (128) $ 368 Diluted Earnings per Share from  Continuing Operations Attributable to TE Connectivity Ltd. $ 1.05 $ 0.09 $ 0.06 $ (0.31) $ 0.89  Includes $24 million of acquisition and integration costs and $27 million of non-cash amortization associated with fair value adjustments related to acquired inventories and customer order backlog recorded in cost of sales. Includes $189 million of income tax benefits associated with the settlement of audits of prior year income tax returns as well as the related impact of $83 million to other expense pursuant to the tax sharing agreement with Tyco International and Covidien. Also includes income tax benefits related to the impacts of certain non-U.S. tax law changes and the associated reduction in the valuation allowance for tax loss carryforwards. See description of non-GAAP measures contained in this appendix.

Reconciliation of Non-GAAP Financial Measures to GAAP Financial Measures for the Year Ended September 26, 2014 29 Reconciliation of Non-GAAP Financial Measures to GAAP Financial Measures for the Year Ended September 26, 2014 Operating Income: U.S. GAAP Adjustments Adjusted (Non-GAAP) (3)  Acquisition Related Charges (1) Restructuring and Other Charges, Net Tax Items (2)   ($ in millions, except per share data)  Transportation Solutions $ 1,245 $ 4 $ 4 $ - $ 1,253 Industrial Solutions 431 31 7 - 469 Communications Solutions 129 - 8 - 137 Total $ 1,805 $ 35 $ 19 $ - $ 1,859 Operating Margin 15.1% 15.5% Other Income, Net $ 63 $ - $ - $ (39) $ 24 Income Tax Expense $ (146) $ (7) $ (4) $ (239) $ (396) Effective Tax Rate 8.3% 22.3% Income from Continuing Operations  Attributable to TE Connectivity Ltd. $ 1,614 $ 28 $ 15 $ (278) $ 1,379 Diluted Earnings per Share from  Continuing Operations Attributable to TE Connectivity Ltd. $ 3.87 $ 0.07 $ 0.04 $ (0.67) $ 3.31  Includes $31 million of acquisition and integration charges and $4 million of non-cash amortization associated with fair value adjustments primarily related to acquired inventories and customer order backlog recorded in cost of sales. Includes income tax benefits of $282 million recognized in connection with a reduction in the valuation allowance associated with certain tax loss carry forwards and income tax expense related to adjustments to prior year income tax returns. In addition, other income includes amounts related to reimbursements by Tyco International and Covidien in connection with pre-separation tax matters, including $18 million related to our share of a settlement agreement entered into by Tyco International with a former subsidiary. See description of non-GAAP measures contained in this appendix.

Reconciliation of Non-GAAP Financial Measures to GAAP Financial Measures for the Quarter Ended September 26, 2014 30 Reconciliation of Non-GAAP Financial Measures to GAAP Financial Measures for the Quarter Ended September 26, 2014 Operating Income: Transportation Solutions Industrial Solutions Communications Solutions U.S. GAAP Adjustments Adjusted (Non-GAAP) (3)  Acquisition Related Charges (1) Restructuring and Other Charges, Net Tax Items (2)   $ 297 113 41 ($ in millions, except per share data) $ 4 $ 4 $ - 29 - - - - - $ 305 142 41 Total $ 451 $ 33 $ 4 $ - $ 488 Operating Margin 14.7% 15.9% Other Income, Net $ 6 $ - $ - $ - $ 6 Income Tax (Expense) Benefit $ 185 $ (7) $ 3 $ (282) $ (101) Income from Continuing Operations  Attributable to TE Connectivity Ltd. $ 614 $ 26 $ 7 $ (282) $ 365 Diluted Earnings per Share from  Continuing Operations Attributable to TE Connectivity Ltd. $ 1.48 $ 0.06 $ 0.02 $ (0.68) $ 0.88  Includes $29 million of acquisition and integration costs and $4 million of non-cash amortization associated with fair value adjustments primarily related to acquired inventories and customer order backlog recorded in cost of sales. Income tax benefits recognized in connection with a reduction in the valuation allowance associated with certain tax loss carryforwards. See description of non-GAAP measures contained in this appendix.

Reconciliation of Non-GAAP Financial Measures to GAAP Financial Measures for the Quarter Ended June 27, 2014 31 Reconciliation of Non-GAAP Financial Measures to GAAP Financial Measures for the Quarter Ended June 27, 2014 Operating Income: Transportation Solutions Industrial Solutions Communications Solutions Total U.S. GAAP Adjustments Adjusted (Non-GAAP) (1)  Acquisition Related Charges Restructuring and Other Charges, Net   $ 325 121 18 ($ in millions, except per share data) $ - $ - 1 1 - 9 $ 325 123 27  $ 464 $ 1 $ 10 $ 475 Operating Margin 15.1% 15.4% Other Income, Net $ 9 $ - $ - $ 9 Income Tax Expense $ (102) $ - $ (3) $ (105) Effective Tax Rate 22.7% 22.8% Income from Continuing Operations  Attributable to TE Connectivity Ltd. $ 347 $ 1 $ 7 $ 355 Diluted Earnings per Share from  Continuing Operations Attributable to TE Connectivity Ltd. $ 0.83 $ - $ 0.02 $ 0.85  (2) See description of non-GAAP measures contained in this appendix.

Reconciliation of Non-GAAP Financial Measures to GAAP Financial Measures for the Six Months Ended March 28, 2014 32 Reconciliation of Non-GAAP Financial Measures to GAAP Financial Measures for the Six Months Ended March 28, 2014 Operating Income: U.S. GAAP Adjustments Adjusted (2) Items (1)(Non-GAAP)  Acquisition Related Charges Restructuring and Other Charges, Net Tax   ($ in millions, except per share data)  Transportation Solutions $ 623 $ - $ - $ - $ 623 Industrial Solutions 197 1 6 - 204 Communications Solutions 70 (1) - 69 Total $ 890 $ 1 $ 5 $ - $ 896 Operating Margin 15.3% 15.4% Other Income, Net $ 48 $ - $ - $ (39) $ 9 Income Tax Expense $ (229) $ - $ (4) $ 43 $ (190) Effective Tax Rate 26.0% 22.4% Income from Continuing Operations  Attributable to TE Connectivity Ltd. $ 653 $ 1 $ 1 $ 4 $ 659 Diluted Earnings per Share from  Continuing Operations Attributable to TE Connectivity Ltd. $ 1.57 $ - $ - $ 0.01 $ 1.58  Includes income tax expense related to adjustments to prior year income tax returns. In addition, other income includes amounts related to reimbursements by Tyco International and Covidien in connection with pre-separation tax matters, including $18 million related to our share of a settlement agreement entered into by Tyco International with a former subsidiary. See description of non-GAAP measures contained in this appendix.

Reconciliation of Non-GAAP Financial Measures to GAAP Financial Measures for the Quarter Ended March 28, 2014 33 Reconciliation of Non-GAAP Financial Measures to GAAP Financial Measures for the Quarter Ended March 28, 2014 Adjustments Restructuring Acquisition and Other Related Charges Tax Adjusted U.S. GAAP Charges (Credits), Net Items (1) (Non-GAAP) (2) Operating Income: Transportation Solutions Industrial Solutions Communications Solutions Total $ 338 102 31 $ ($ in millions, except per share data) - $ (1) $ - 1 4 - - (4) - $ 337 107 27  $ 471 $ 1 $ (1) $ - $ 471 Operating Margin 15.9% 15.9% Other Income, Net $ 16 $ - $ - $ (14) $ 2 Income Tax Expense $ (120) $ - $ (3) $ 36 $ (87) Effective Tax Rate 26.1% 19.5% Income from Continuing Operations  Attributable to TE Connectivity Ltd. $ 340 $ 1 $ (4) $ 22 $ 359 Diluted Earnings per Share from  Continuing Operations Attributable to TE Connectivity Ltd. $ 0.82 $ - $ (0.01) $ 0.05 $ 0.86  Includes income tax expense related to adjustments to prior year income tax returns. In addition, other income includes amounts related to reimbursements by Tyco International and Covidien in connection with pre-separation tax matters. See description of non-GAAP measures contained in this appendix.

Reconciliation of Non-GAAP Financial Measures to GAAP Financial Measures for the Quarter Ended December 27, 2013 34  Reconciliation of Non-GAAP Financial Measures to GAAP Financial Measures for the Quarter Ended December 27, 2013 Operating Income: Transportation Solutions Industrial Solutions Communications Solutions Total U.S. GAAP Adjustments Adjusted (Non-GAAP) (2)  Restructuring and Other Charges, Net Tax Items (1)   $ 285 95 39 ($ in millions, except per share data) $ 1 $ - 2 - 3 - $ 286 97 42  $ 419 $ 6 $ - $ 425 Operating Margin 14.6% 14.8% Other Income, Net $ 32 $ - $ (25) $ 7 Income Tax Expense $ (109) $ (1) $ 7 $ (103) Income from Continuing Operations  Attributable to TE Connectivity Ltd. $ 313 $ 5 $ (18) $ 300 Diluted Earnings per Share from  Continuing Operations Attributable to TE Connectivity Ltd. $ 0.75 $ 0.01 $ (0.04) $ 0.72 Includes income tax expense related to adjustments to prior year income tax returns. In addition, other income includes amounts related to reimbursements by Tyco International and Covidien in connection with pre-separation tax matters, including $18 million related to our share of a settlement agreement entered into by Tyco International with a former subsidiary. See description of non-GAAP measures contained in this appendix.

Reconciliation of Non-GAAP Financial Measures to GAAP Financial Measures for the Year Ended September 27, 2013 35 Reconciliation of Non-GAAP Financial Measures to GAAP Financial Measures for the Year Ended September 27, 2013 Operating Income: U.S. GAAP Adjustments Adjusted (Non-GAAP) (2)  Acquisition Related Charges Restructuring and Other Charges, Net Tax Items (1)   ($ in millions, except per share data)  Transportation Solutions $ 934 $ 7 $ 39 $ - $ 980 Industrial Solutions 344 7 63 - 414 Communications Solutions 107 - 120 - 227 Total $ 1,385 $ 14 $ 222 $ - $ 1,621 Operating Margin 12.2% 14.2% Other Income (Expense), Net $ (183) $ - $ - $ 213 $ 30 Income Tax (Expense) Benefit $ 75 $ (5) $ (62) $ (354) $ (346) Income from Continuing Operations  Attributable to TE Connectivity Ltd. $ 1,154 $ 9 $ 160 $ (141) $ 1,182 Diluted Earnings per Share from  Continuing Operations Attributable to TE Connectivity Ltd. $ 2.73 $ 0.02 $ 0.38 $ (0.33) $ 2.79  35 Includes $331 million of income tax benefits associated with the settlement of an audit of prior year income tax returns as well as the related impact of $231 million to other expense pursuant to the tax sharing agreement with Tyco International and Covidien. Also includes income tax expense related to adjustments to prior year income tax returns, income tax benefits recognized in connection with a reduction in the valuation allowance associated with certain tax loss carryforwards, and income tax benefits recognized in connection with the lapse of statutes of limitations for examinations of prior year income tax returns. In addition, the other income adjustment includes amounts related to reimbursements by Tyco International and Covidien in connection with pre-separation tax matters. See description of non-GAAP measures contained in this appendix.

Reconciliation of Non-GAAP Financial Measures to GAAP Financial Measures for the Quarter Ended September 27, 2013 36 Reconciliation of Non-GAAP Financial Measures to GAAP Financial Measures for the Quarter Ended September 27, 2013 Operating Income: Transportation Solutions Industrial Solutions Communications Solutions U.S. GAAP Adjustments Adjusted (Non-GAAP) (2)  Acquisition Related Charges Restructuring and Other Charges, Net Tax Items (1)   $ 249 122 64 $ ($ in millions, except per share data) 2 $ 10 $ - 1 7 - - 9 - $ 261 130 73 Total $ 435 $ 3 $ 26 $ - $ 464 Operating Margin 14.9% 15.9% Other Income, Net $ 16 $ - $ - $ (9) $ 7 Income Tax Expense $ (58) $ (2) $ (5) $ (40) $ (105) Income from Continuing Operations  Attributable to TE Connectivity Ltd. $ 364 $ 1 $ 21 $ (49) $ 337 Diluted Earnings per Share from  Continuing Operations Attributable to TE Connectivity Ltd. $ 0.87 $ - $ 0.05 $ (0.12) $ 0.80  36 Includes income tax benefits recognized in connection with a reduction in the valuation allowance associated with certain tax loss carryforwards partially offset by income tax expense related to adjustments to prior year income tax returns. In addition, the other income adjustment includes amounts related to reimbursements by Tyco International and Covidien in connection with pre-separation tax matters. See description of non-GAAP measures contained in this appendix.

Reconciliation of Non-GAAP Financial Measures to GAAP Financial Measures for the Quarter Ended June 28, 2013 37 Reconciliation of Non-GAAP Financial Measures to GAAP Financial Measures for the Quarter Ended June 28, 2013 Operating Income: Transportation Solutions Industrial Solutions Communications Solutions Total U.S. GAAP Adjustments Adjusted (Non-GAAP) (2)  Acquisition Related Charges Restructuring and Other Charges, Net Tax Items (1)   $ 272 79 32 $ ($ in millions, except per share data) 1 $ - $ - 2 23 - - 21 - $ 273 104 53  $ 383 $ 3 $ 44 $ - $ 430 Operating Margin 13.0% 14.6% Other Income, Net $ 18 $ - $ - $ (8) $ 10 Income Tax Expense $ (89) $ (1) $ (13) $ - $ (103) Income from Continuing Operations  Attributable to TE Connectivity Ltd. $ 281 $ 2 $ 31 $ (8) $ 306 Diluted Earnings per Share from  Continuing Operations Attributable to TE Connectivity Ltd. $ 0.67 $ - $ 0.07 $ (0.02) $ 0.73  Relates to reimbursements by Tyco International and Covidien in connection with pre-separation tax matters. See description of non-GAAP measures contained in this appendix.

Reconciliation of Non-GAAP Financial Measures to GAAP Financial Measures for the Quarter Ended March 29, 2013 38 Reconciliation of Non-GAAP Financial Measures to GAAP Financial Measures for the Quarter Ended March 29, 2013 Operating Income: U.S. GAAP Adjustments Adjusted (2) Items (1)(Non-GAAP)  Acquisition Related Charges Restructuring and Other Charges, Net Tax   ($ in millions, except per share data)  Transportation Solutions $ 231 $ 1 $ 19 $ - $ 251 Industrial Solutions 75 2 21 - 98 Communications Solutions (1) - 42 - 41 Total $ 305 $ 3 $ 82 $ - $ 390 Operating Margin 10.8% 13.8% Other Income, Net $ 9 $ - $ - $ (1) $ 8 Income Tax Expense $ (33) $ (1) $ (24) $ (13) $ (71) Income from Continuing Operations  Attributable to TE Connectivity Ltd. $ 250 $ 2 $ 58 $ (14) $ 296 Diluted Earnings per Share from  Continuing Operations Attributable to TE Connectivity Ltd. $ 0.59 $ - $ 0.14 $ (0.03) $ 0.70  Reflects income tax benefits recognized in connection with the lapse of statutes of limitations for examinations of prior year income tax returns in certain non-U.S. locations partially offset by income tax expense related to adjustments to prior year income tax returns. See description of non-GAAP measures contained in this appendix.

Reconciliation of Non-GAAP Financial Measures to GAAP Financial Measures for the Quarter Ended December 28, 2012 39 Reconciliation of Non-GAAP Financial Measures to GAAP Financial Measures for the Quarter Ended December 28, 2012 Operating Income: Transportation Solutions Industrial Solutions Communications Solutions U.S. GAAP Adjustments Adjusted (2) Items (1)(Non-GAAP)  Acquisition Related Charges Restructuring and Other Charges, Net Tax   $ 182 68 12 $ ($ in millions, except per share data) 3 $ 10 $ - 2 12 - - 48 - $ 195 82 60 Total $ 262 $ 5 $ 70 $ - $ 337 Operating Margin 9.7% 12.4% Other Income (Expense), Net $ (226) $ - $ - $ 231 $ 5 Income Tax (Expense) Benefit $ 255 $ (1) $ (20) $ (301) $ (67) Income from Continuing Operations  Attributable to TE Connectivity Ltd. $ 259 $ 4 $ 50 $ (70) $ 243 Diluted Earnings per Share from  Continuing Operations Attributable to TE Connectivity Ltd. $ 0.61 $ 0.01 $ 0.12 $ (0.16) $ 0.57  Includes $331 million of income tax benefits associated with the settlement of an audit of prior year tax returns as well as the related impact of $231 million to other expense pursuant to the tax sharing agreement with Tyco International and Covidien. Also includes income tax expense related to adjustments to prior year income tax returns and the estimated impacts of certain intercompany dividends. See description of non-GAAP measures contained in this appendix. 39

Reconciliation of Gross Margin & Gross Margin Percentage 40 Reconciliation of Gross Margin & Gross Margin Percentage  For the Quarters Ended For the Six Months Ended  March 27, 2015 March 28, 2014 March 27, 2015 March 28, 2014  ($ in millions)  Net Sales $ 3,082 $ 2,964 $ 6,131 $ 5,826 Cost of Sales 2,031 1,969 4,060 3,886 Gross Margin 1,051 995 2,071 1,940 Gross Margin Percentage 34.1% 33.6% 33.8% 33.3% Acquisition Related Charges 6 - 33 - Adjusted Gross Margin (1) $ 1,057 $ 995 $ 2,104 $ 1,940 Adjusted Gross Margin Percentage (1) 34.3% 33.6% 34.3% 33.3%  (1) See description of non-GAAP measures contained in this appendix.

Reconciliation of Free Cash Flow 41 Reconciliation of Free Cash Flow For the Quarters Ended For the Six Months Ended March 27, March 28, March 27, March 28, 2015 2014 2015 2014  (in millions)  Net cash provided by continuing operating activities $ 350 $ 411 $ 555 $ 740 Capital expenditures, net (155) (146) (285) (260) Payments (receipts) related to pre-separation U.S. tax matters, net 22 (21) 26 (21) Free cash flow (1) $ 217 $ 244 $ 296 $ 459  (1) See description of non-GAAP measures contained in this appendix.

Reconciliation of Forward-Looking Non-GAAP Financial Measures to Forward-Looking GAAP Financial Measures for Q2 2015 42 Reconciliation of Forward-Looking Non-GAAP Financial Measures to Forward-Looking GAAP Financial Measures for Q2 2015 Recast (1) Outlook for the Outlook for the Quarter Ended Quarter Ended March 27, 2015 March 27, 2015 As of January 28, As of January 28, Diluted earnings per share from continuing operations attributable to TE 2015 2015   Connectivity Ltd. (GAAP) $ 0.91 $ 0.80 Restructuring and other charges, net 0.04 0.04 Acquisition related charges 0.05 0.05 Adjusted diluted earnings per share from continuing operations attributable to TE Connectivity Ltd. (non-GAAP) (2) $ 1.00 $ 0.89  Recast to reflect the Broadband Network Solutions business as a discontinued operation. See description of non-GAAP measures contained in this appendix.

Reconciliation of Forward-Looking Non-GAAP Financial Measures to Forward-Looking GAAP Financial Measures for Q3 2015 and Fiscal 2015 As of April 22, 2015 43 Reconciliation of Forward-Looking Non-GAAP Financial Measures to Forward-Looking GAAP Financial Measures for Q3 2015 and Fiscal 2015 As of April 22, 2015 Diluted earnings per share from continuing operations attributable to TE Outlook for the Quarter Ending June 26, 2015 Outlook for Fiscal 2015   Connectivity Ltd. (GAAP) $0.80 - 0.84 $3.51 - 3.65 Restructuring and other charges, net 0.01 0.18 Acquisition related charges 0.04 0.22 Tax items - (0.31) Adjusted diluted earnings per share from continuing operations attributable to TE Connectivity Ltd. (non-GAAP) (1) $0.85 - 0.89 $3.60 - 3.74 Net sales growth (GAAP) 2 - 5% 3 - 6% Translation 10 - 11 8 (Acquisitions) divestitures (7) (6) Organic net sales growth (non-GAAP) (1) 5 - 9% 5 - 8%  (1) See description of non-GAAP measures contained in this appendix.

Reconciliation of Forward-Looking Non-GAAP Financial Measures to Forward-Looking GAAP Financial Measures for Fiscal 2015 Reconciliation of Forward-Looking Non-GAAP Financial Measures to Forward-Looking GAAP Financial Measures for Fiscal 2015  Recast (1)  Outlook for Outlook for Outlook for Outlook for Fiscal 2015 Fiscal 2015 Fiscal 2015 Fiscal 2015 As of October 29, As of January 28, As of January 28, As of April 22 Diluted earnings per share from continuing operations attributable to TE 2014 2015 2015 2015   Connectivity Ltd. (GAAP) $ 4.14 $ 4.19 $ 3.66 $ 3.58 Restructuring and other charges, net 0.09 0.10 0.10 0.18 Acquisition related charges 0.23 0.22 0.22 0.22 Tax items (0.26) (0.31) (0.31) (0.31) Adjusted diluted earnings per share from continuing operations attributable to TE Connectivity Ltd. (non-GAAP) (2) $ 4.20 $ 4.20 $ 3.67 $ 3.67  Recast to reflect the Broadband Network Solutions business as a discontinued operation. See description of non-GAAP measures contained in this appendix.   44