v3.25.2
Segment and Geographic Data (Tables)
9 Months Ended
Jun. 27, 2025
Segment and Geographic Data  
Schedule of net sales by segment

For the

For the

Quarters Ended

Nine Months Ended

June 27,

June 28,

June 27,

June 28,

    

2025

    

2024

    

2025

    

2024

    

(in millions)

Transportation Solutions:

Automotive

$

1,805

$

1,748

$

5,262

$

5,316

Commercial transportation

 

377

 

363

 

1,046

 

1,103

Sensors

 

236

 

240

 

667

 

732

Total Transportation Solutions

2,418

2,351

6,975

7,151

Industrial Solutions:

Automation and connected living

571

519

1,562

1,483

Aerospace, defense, and marine

 

374

 

345

 

1,082

 

977

Digital data networks

606

329

1,501

881

Energy

 

384

 

226

 

879

 

665

Medical

181

209

514

620

Total Industrial Solutions

2,116

1,628

5,538

4,626

Total

$

4,534

$

3,979

$

12,513

$

11,777

(1)Intersegment sales were not material.
(2)Industry end market information is presented consistently with our internal management reporting and may be revised periodically as management deems necessary.
Net sales by segment and geographic region

For the

For the

Quarters Ended

Nine Months Ended

June 27,

June 28,

June 27,

June 28,

    

2025

    

2024

    

2025

    

2024

    

(in millions)

Europe/Middle East/Africa (“EMEA”):

Transportation Solutions

$

886

$

882

$

2,425

$

2,725

Industrial Solutions

 

659

 

584

 

1,762

 

1,704

Total EMEA

 

1,545

 

1,466

 

4,187

 

4,429

Asia–Pacific:

Transportation Solutions

1,016

901

3,110

2,803

Industrial Solutions

 

644

 

432

 

1,695

 

1,166

Total Asia–Pacific

 

1,660

 

1,333

 

4,805

 

3,969

Americas:

Transportation Solutions

516

568

1,440

1,623

Industrial Solutions

 

813

 

612

 

2,081

 

1,756

Total Americas

 

1,329

 

1,180

 

3,521

 

3,379

Total

$

4,534

$

3,979

$

12,513

$

11,777

(1)Net sales to external customers are attributed to individual countries based on the legal entity that records the sale.
Schedule of operating income by segment

For the

For the

Quarters Ended

Nine Months Ended

June 27,

June 28,

June 27,

June 28,

    

2025

    

2024

    

2025

    

2024

    

(in millions)

Transportation Solutions

$

462

$

506

$

1,353

$

1,470

Industrial Solutions

395

249

942

675

Total

$

857

$

755

$

2,295

$

2,145

Segment assets and a reconciliation of segment assets to total assets

Segment Assets

June 27,

September 27,

    

2025

    

2024

    

(in millions)

Transportation Solutions

$

6,113

$

5,758

Industrial Solutions

 

4,363

 

3,717

Total segment assets(1)

 

10,476

 

9,475

Other current assets

 

1,342

 

2,059

Other non-current assets

 

13,048

 

11,320

Total assets

$

24,866

$

22,854

(1)Segment assets are composed of accounts receivable, inventories, and net property, plant, and equipment.