ADT 2008 Annual Report Download - page 201

TYCO INTERNATIONAL LTD.
CONSOLIDATED STATEMENTS OF SHAREHOLDERS’ EQUITY
Years Ended September 26, 2008, September 28, 2007 and September 29, 2006
(in millions)
Common Accumulated
Number of Shares Other
Common $0.80 Par Treasury Share Contributed Accumulated Comprehensive
Shares Value Shares Premium Surplus, Net Earnings Income Total
Balance at September 30, 2005 ............ 504 $403 — $8,540 $15,507 $ 7,909 $ 260 $32,619
Comprehensive income:
Net income ...................... 3,590 3,590
Currency translation ................. 606 606
Unrealized gain on marketable securities and
derivative instruments, net of income taxes . . . 22
Minimum pension liability, net of income taxes . . 149 149
Total comprehensive income ............. $ 4,347
Dividends declared ................... (807) (807)
Restricted share grants, net of forfeitures ...... 1 1 (1) —
Share options exercised, including tax expense of $13 . 4 2 247 (13) 236
Repurchase of common shares by subsidiary ..... (24) (19) (2,525) (2,544)
Compensation expense ................. 281 281
Exchange of convertible debt ............. 13 11 1,224 1,235
Other ........................... 20 20
Balance at September 29, 2006 ............ 498 398 — 8,787 14,493 10,692 1,017 35,387
Comprehensive income:
Net loss ........................ (1,742) (1,742)
Currency translation ................. 883 883
Unrealized gain on marketable securities and
derivative instruments, net of income taxes . . . 33
Minimum pension liability, net of income taxes . . 249 249
Total comprehensive income ............. $ (607)
Dividends declared ................... (668) (668)
Share options exercised, including tax benefit of $23 . . 5 4 402 23 429
Repurchase of common shares by subsidiary ..... (7) (5) (722) (727)
Compensation expense ................. 295 295
Exchange of convertible debt ............. 1 1
Distribution of Covidien and Tyco Electronics .... (8,651) (8,248) (1,476) (18,375)
Initial adoption of SFAS No. 158, net of income
taxes (see Note 17) .................. (111) (111)
Balance at September 28, 2007 ............ 496 397 — 9,189 5,439 34 565 15,624
Comprehensive income:
Net income ...................... 1,553 1,553
Currency translation ................. (307) (307)
Unrealized loss on marketable securities and
derivative instruments, net of income taxes . . . (5) (5)
Change in unrecognized loss and prior service
credit, net of income taxes ............ (21) (21)
Total comprehensive income ............. $ 1,220
Dividends declared ................... (313) (313)
Share options exercised, including tax benefit of $2 . 2 2 47 2 51
Repurchase of common shares by subsidiary ..... (20) (17) (837) (854)
Repurchase of common shares held in treasury . . . (5) (192) (192)
Compensation expense ................. 97 97
Exchange of convertible debt ............. 10 10
Adoption of FIN No. 48 (see Note 6) ........ (79) (79)
Other (see Note 2) ................... (70) (70)
Balance at September 26, 2008 ............ 473 $382 $(192) $9,236 $ 4,711 $ 1,125 $ 232 $15,494
See Notes to Consolidated Financial Statements.
98 2008 Financials