ADT 2009 Annual Report Download - page 250

TYCO INTERNATIONAL LTD.
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
20. 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
operates and 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 oil, gas and other energy markets along with general process
industries and the water and wastewater markets.
•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 suppression, electronic, 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.
The Company, from time to time, will realign businesses and management responsibility within its
operating segments that possess similar characteristics such as product and service offerings. These
realignments are designed to more fully leverage existing capabilities and enhance development for
future products and services. Effective September 27, 2008, certain businesses were transferred from
the Company’s ADT Worldwide segment to the Company’s Fire Protection Services segment, from the
Company’s Fire Protection Services segment to the Company’s Flow Control segment and from the
Company’s Electrical and Metal Products segment to the Company’s Safety Products segment. The
realignment of these businesses results in segment data being presented in line with management’s view
of segment operating results. The revenue and operating income for 2008 and 2007 has been recast to
reflect the realignment of the Company’s ADT Worldwide businesses to the Company’s Fire Protection
Services segment. All the other business realignments were not recast because the changes were
158 2009 Financials