ADT 2002 Annual Report Download - page 127

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TYCO INTERNATIONAL LTD.
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (continued)
28. Summarized Quarterly Financial Data (Unaudited) (continued)
(Footnotes continued from preceding page)
(2) Includes a net restructuring and other charge of $197.8 million, of which a charge of $46.4 million is included in cost of
sales. The net charge consists of a charge of $46.4 million, which is included in cost of sales, primarily related to the sale of
inventory, which had been written-up under purchase accounting; a charge of $114.0 million primarily related to the closure
of facilities; charges of $17.7 million related to the impairment of property, plant and equipment associated with the closure
of these facilities; and a net loss on the sale of businesses and investments of $3.9 million primarily related to the sale of
ADT Automotive. Also includes $15.8 million related to the early retirement of debt.
(3) Includes a net restructuring and other charge of $163.6 million, of which charges of $7.4 million are included in cost of sales.
The net charge consists of a net loss on sale of investments of $129.9 million and restructuring and other charges of
$50.2 million and impairment charges of $2.8 million related to certain Fire and Security Services businesses, partially offset
by a $24.5 million net gain on the sale of shares of a subsidiary. Also includes $5.2 million related to the early retirement of
debt.
(4) Includes a restructuring and other charge of $429.1 million, of which charges of $106.1 million are included in cost of sales.
The charge consists of restructuring and other charges of $331.6 million, of which charges of $106.1 million are included in
cost of sales, primarily related to the closure of manufacturing facilities within the Electronics and Fire and Security Services
segments; and charges of $92.2 million related to the impairment of property, plant and equipment associated with the
facilities closures. Also includes $5.3 million related to the early retirement of debt.
(5) Cumulative effect of accounting changes in fiscal 2001 relate to the adoption of SAB 101 and SFAS No. 133.
125