ADT 2008 Annual Report Download - page 274

TYCO INTERNATIONAL LTD.
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
24. Tyco International Finance S.A. (Continued)
CONSOLIDATING BALANCE SHEET
As of September 28, 2007
($ in millions)
Tyco Tyco
International International Other Consolidating
Ltd. Finance S.A. Subsidiaries Adjustments Total
Assets
Current Assets:
Cash and cash equivalents ................ $ 16 $ — $1,878 $ — $ 1,894
Accounts receivable, net ................. — — 2,900 — 2,900
Inventories ......................... — — 1,783 — 1,783
Class action settlement escrow ............. 2,992 — — — 2,992
Intercompany receivables ................ 1,445 439 16,683 (18,567) —
Prepaid expenses and other current assets ...... 27 — 1,130 — 1,157
Deferred income taxes .................. — — 458 — 458
Assets held for sale .................... 723 664 1,385 (1,387) 1,385
Total current assets ................... 5,203 1,103 26,217 (19,954) 12,569
Property, plant and equipment, net ........... — — 3,526 — 3,526
Goodwill ............................ — — 11,499 — 11,499
Intangible assets, net .................... — — 2,653 — 2,653
Investment in subsidiaries ................. 42,681 18,958 — (61,639) —
Intercompany loans receivable ............... — 11,811 18,615 (30,426) —
Other assets .......................... 187 36 2,345 — 2,568
Total Assets ....................... $48,071 $31,908 $64,855 $(112,019) $32,815
Liabilities and Shareholders’ Equity
Current Liabilities:
Loans payable and current maturities of long-term
debt ............................ $ — $ 367 $ 13 $ — $ 380
Accounts payable ..................... 3 — 1,634 — 1,637
Class action settlement liability ............. 2,992 — — — 2,992
Accrued and other current liabilities ......... 131 77 2,661 — 2,869
Deferred revenue ..................... — — 583 — 583
Intercompany payables .................. 7,694 9,022 1,851 (18,567) —
Liabilities held for sale .................. — — 662 — 662
Total current liabilities ................. 10,820 9,466 7,404 (18,567) 9,123
Long-term debt ........................ — 4,015 67 — 4,082
Intercompany loans payable ................ 21,077 — 9,349 (30,426) —
Deferred revenue ....................... — — 1,194 — 1,194
Other liabilities ........................ 550 16 2,159 — 2,725
Total Liabilities ..................... 32,447 13,497 20,173 (48,993) 17,124
Minority interest ....................... — — 67 — 67
Shareholders’ Equity:
Preference shares ..................... — — 2,500 (2,500) —
Common shares ...................... 398 — (1) — 397
Other shareholders’ equity ............... 15,226 18,411 42,116 (60,526) 15,227
Total Shareholders’ Equity .............. 15,624 18,411 44,615 (63,026) 15,624
Total Liabilities and Shareholders’ Equity .... $48,071 $31,908 $64,855 $(112,019) $32,815
2008 Financials 171