ADT 2001 Annual Report Download - page 80

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78
Net property, plant and equipment (including equipment
leased to others) is as follows:
SEPTEMBER 30,
($ IN MILLIONS) 2001 2000
TYCO INDUSTRIAL
Land $ 534.1 $ 538.8
Buildings 2,557.7 2,416.1
Subscriber systems 3,998.5 3,200.7
Machinery and equipment 8,226.6 7,089.5
Leasehold improvements 325.0 295.8
Construction in progress 920.4 727.6
Accumulated depreciation (6,592.0) (6,050.1)
9,970.3 8,218.4
TYCO CAPITAL
Buildings and equipment, net 100.8
Equipment leased to others, net
Commercial aircraft 2,017.2
Railcars and locomotives 1,242.5
Communications 799.5
Information technology 702.1
Business aircraft 359.6
Manufacturing 315.7
Other 966.2
6,503.6
CONSOLIDATED $16,473.9 $ 8,218.4
Accrued expenses and other current liabilities include the
following:
SEPTEMBER 30,
($ IN MILLIONS) 2001 2000
Accrued payroll and payroll related costs
(including bonuses) $1,000.4 $808.9
27. SUPPLEMENTARY INCOME STATEMENT INFORMATION
Selected supplementary income statement information is pre-
sented below.
FOR THE
YEAR ENDED SEPTEMBER 30,
($ IN MILLIONS) 2001 2000 1999
Research and development $572.0 $527.5 $450.5
Advertising $159.9 $149.3 $133.1
28. SUPPLEMENTARY CASH FLOW INFORMATION
Selected supplementary cash flow information is presented
below.
Tyco Industrial’s net proceeds from debt consist of the
following:
FOR THE
YEAR ENDED SEPTEMBER 30,
($ IN MILLIONS) 2001 2000 1999
Net (repayments of) proceeds
from short-term debt $ (1,947.7) $ (736.0) $ 162.3
Proceeds from issuance of
long-term debt 11,794.7 1,793.2 4,839.3
Repayment of long-term debt,
including debt tenders (1,311.4) (376.8) (2,057.8)
$ 8,535.6 $ 680.4 $ 2,943.8
Tyco Capital’s net decrease in financing and leasing assets
consist of the following:
FOR THE PERIOD
JUNE 2 THROUGH
($ IN MILLIONS) SEPTEMBER 30, 2001
Loans extended $(15,493.1)
Collections on loans 12,750.6
Proceeds from asset and receivable sales 5,213.0
Purchases of assets to be leased (756.9)
Net increase in short-term factoring receivables (471.2)
Net repayment of non-recourse leverage lease debt (26.6)
$ 1,215.8
Tyco Capital’s net repayments of debt consist of the
following:
Repayments of variable and fixed-rate notes $ (3,272.2)
Proceeds from issuance of variable rate notes 1,000.0
Net decrease in commercial paper (1,007.8)
$ (3,280.0)