Per the company, gross margin for fiscal second quarter of 2019 came in 32.8%, contracting 120 bps from the year-ago quarter. This was due to cost of goods sold as a percentage of net sales, which expanded 130 bps. R&D expenses were $166 million, down 4% from the prior-year quarter. Further, selling, general, and administrative expenses came in at $373 million, down 8.8% year over year. Adjusted operating margin came in at 17%, contracting 70 bps year over year. This was due to contraction of 250 bps year over year in adjusted operating margin in Transportation Solutions segment. Balance Sheet & Cash Flow As of Mar 29, 2019, TE Connectivity's cash and cash equivalents of $565 million, higher than $505 million as of Dec 28, 2018. The company generated free cash flow of $344 million in the reported quarter, up from $69 million in the prior quarter. Further, TE Connectivity paid back $338 million to its shareholders through share repurchases and dividend payments.