ADT 2006 Annual Report Download - page 156

TYCO INTERNATIONAL LTD.
CONSOLIDATED STATEMENTS OF SHAREHOLDERS’ EQUITY
Years Ended September 29, 2006, September 30, 2005 and 2004
(in millions)
Common Accumulated
Number of Shares Contributed Accumulated Other
Common $0.20 Par Share Surplus, Net Earnings Comprehensive Total
Shares Value Premium (Restated) (Restated) (Loss) Income (Restated)
Balance at October 1, 2003 .............. 1,998 $400 $8,161 $15,291 $ 2,840 $ (273) $26,419
Comprehensive income:
Net income ...................... 2,820 2,820
Currency translation ................ 704 704
Unrealized gain on marketable securities, net
of income taxes .................. 33
Unrealized loss on derivative instruments, net
of income taxes .................. (4) (4)
Minimum pension liability, net of income taxes 86 86
Total comprehensive income ............ $ 3,609
Dividends declared ................... (100) (100)
Restricted share grants, net of forfeitures ..... 3 1 (1) —
Share options exercised, including tax benefit of
$153 .......................... 8 1 154 153 308
Compensation expense ................ 122 122
Other ........................... 1 4 4
Balance at September 30, 2004 ........... 2,010 402 8,315 15,569 5,560 516 30,362
Comprehensive income:
Net income ...................... 3,019 3,019
Currency translation ................ (48) (48)
Unrealized loss on marketable securities, net
of income taxes .................. (3) (3)
Minimum pension liability, net of income taxes (200) (200)
Total comprehensive income ............ $ 2,768
Dividends declared ................... (805) (805)
Restricted share grants, net of forfeitures ..... 2 1 (1) —
Share options exercised, including tax benefit of
$110 .......................... 11 2 223 110 335
Repurchase of common shares by subsidiary . . . (10) (2) (298) (300)
Compensation expense ................ 101 101
Exchange of convertible debt ............. 2 25 25
Reporting calendar alignment, net of income
taxes .......................... 26 26
Other ........................... 2 1 3
Balance at September 30, 2005 ........... 2,015 403 8,540 15,507 7,800 265 32,515
Comprehensive income:
Net income ...................... 3,713 3,713
Currency translation ................ 619 619
Unrealized gain on marketable securities, net
of income taxes .................. 22
Minimum pension liability, net of income taxes 149 149
Total comprehensive income ............ $ 4,483
Dividends declared ................... (807) (807)
Restricted share grants, net of forfeitures ..... 4 1 (1) —
Share options exercised, including tax expense of
$13........................... 14 2 247 (13) 236
Repurchase of common shares by subsidiary . . . (95) (19) (2,525) (2,544)
Compensation expense ................ 281 281
Exchange of convertible debt ............. 54 11 1,224 1,235
Other ........................... 20 20
Balance at September 29, 2006 ........... 1,992 $398 $8,787 $14,493 $10,706 $1,035 $35,419
See Notes to Consolidated Financial Statements.
94 2006 Financials