ADT 2008 Annual Report Download - page 264

TYCO INTERNATIONAL LTD.
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
21. Consolidated Segment and Geographic Data
Segment information is consistent with how management reviews the businesses, makes investing
and resource allocation decisions and assesses operating performance. In connection with the
Separation, the Company realigned its management and segment reporting structure effective
March 31, 2007. The segment data presented reflects this new segment structure. The Company reports
financial and operating information in the following five segments:
•ADT Worldwide designs, sells, installs, services and monitors electronic security systems for
residential, commercial, industrial and governmental customers.
•Flow Control designs, manufactures, sells and services valves, pipes, fittings, valve automation and
heat tracing products for the water and wastewater markets, the oil, gas and other energy
markets along with general process industries.
•Fire Protection Services designs, sells, installs and services fire detection and fire suppression
systems for commercial, industrial and governmental customers.
•Electrical and Metal Products designs, manufactures and sells galvanized steel tubing, armored
wire and cable and other metal products for non-residential construction, electrical, fire and
safety and mechanical customers.
•Safety Products designs, manufactures and sells fire protection, security and life safety products,
including fire suppression products, breathing apparatus, intrusion security, access control and
video management systems. In addition, Safety Products manufactures products installed and
serviced by ADT Worldwide and Fire Protection Services.
Tyco also provides general corporate services to its segments and these costs are reported as
Corporate and Other.
Selected information in the new segment structure is presented in the following tables for 2008,
2007 and 2006 ($ in millions):
2008 2007 2006
Net revenue(1):
ADT Worldwide ............................ $ 8,017 $ 7,648 $ 7,205
Flow Control ............................... 4,418 3,766 3,135
Fire Protection Services ....................... 3,553 3,366 3,150
Electrical and Metal Products ................... 2,272 1,974 1,949
Safety Products ............................. 1,934 1,719 1,624
Corporate and Other .........................543
$20,199 $18,477 $17,066
(1) Revenue by operating segment excludes intercompany transactions.
2008 Financials 161