ADT 2008 Annual Report Download - page 273

TYCO INTERNATIONAL LTD.
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
24. Tyco International Finance S.A. (Continued)
CONSOLIDATING BALANCE SHEET
As of September 26, 2008
($ in millions)
Tyco Tyco
International International Other Consolidating
Ltd. Finance S.A Subsidiaries Adjustments Total
Assets
Current Assets:
Cash and cash equivalents ................ $ 1 $ 1 $1,517 $ — $ 1,519
Accounts receivable, net ................. — — 2,987 — 2,987
Inventories ......................... — — 1,865 — 1,865
Intercompany receivables ................ 1,097 76 15,069 (16,242) —
Prepaid expenses and other current assets ...... 9 — 1,248 — 1,257
Deferred income taxes .................. — — 529 — 529
Assets held for sale .................... 256 213 384 (469) 384
Total current assets ................... 1,363 290 23,599 (16,711) 8,541
Property, plant and equipment, net ........... — — 3,503 — 3,503
Goodwill ............................ — — 11,498 — 11,498
Intangible assets, net .................... — — 2,655 — 2,655
Investment in subsidiaries ................. 45,381 21,573 — (66,954) —
Intercompany loans receivable ............... — 9,799 18,999 (28,798) —
Other assets .......................... 114 83 2,410 — 2,607
Total Assets ....................... $46,858 $31,745 $62,664 $(112,463) $28,804
Liabilities and Shareholders’ Equity
Current Liabilities:
Loans payable and current maturities of long-term
debt ............................ $ — $ 515 $ 40 $ — $ 555
Accounts payable ..................... 2 — 1,609 — 1,611
Accrued and other current liabilities ......... 103 76 2,577 — 2,756
Deferred revenue ..................... — — 607 — 607
Intercompany payables .................. 8,126 6,990 1,126 (16,242) —
Liabilities held for sale .................. — — 128 — 128
Total current liabilities ................. 8,231 7,581 6,087 (16,242) 5,657
Long-term debt ........................ — 3,605 104 — 3,709
Intercompany loans payable ................ 22,573 384 5,841 (28,798) —
Deferred revenue ....................... — — 1,189 — 1,189
Other liabilities ........................ 560 — 2,181 — 2,741
Total Liabilities ..................... 31,364 11,570 15,402 (45,040) 13,296
Minority interest ....................... — — 14 — 14
Shareholders’ Equity:
Preference shares ..................... — — 2,500 (2,500) —
Common shares ...................... 208 — (18) — 190
Other shareholders’ equity ............... 15,286 20,175 44,766 (64,923) 15,304
Total Shareholders’ Equity .............. 15,494 20,175 47,248 (67,423) 15,494
Total Liabilities and Shareholders’ Equity .... $46,858 $31,745 $62,664 $(112,463) $28,804
170 2008 Financials