Leading connector market share in growing markets; Diverse end markets and geographic diversity; and Continued focus on cost reduction and margin improvement. Leverage in in the high-1x area as of June 24, 2016, pro forma for the acquisition of Creganna Medical Group acquisition in February 2016; Strong liquidity with about $700 million of cash and investments as of June 24, 2016 and consistently positive free operating cash flow (FOCF) generation in excess of $1 billion; and High shareholder returns over the past two years. The stable outlook on TE Connectivity Ltd., a global connectivity and sensors solutions designer and manufacturer based in Schaffhausen, Switzerland, reflects our view that the company will continue to deliver consistent earnings performance and strong cash
