Leading connector market share in growing markets; Diverse end markets and geographic diversity; and Continued focus on cost reductions and margin improvements. Leverage in the high-1x area as of Sept. 30, 2016--pro forma for the acquisition of Creganna Medical Group in February 2016--primarily due to high shareholder returns over the past two years; Strong liquidity with $647 million of cash and investments as of Sept. 30, 2016 and consistent positive free operating cash flow (FOCF) generation in excess of $1 billion over the past two years; and Moderating share repurchase activities going forward, with dividends and share buybacks funded by FOCF generation. The stable outlook on Schaffhausen, Switzerland-based TE Connectivity Ltd., a global connectivity and sensors solutions designer and manufacturer,
