ADT 2010 Annual Report Download - page 164

TYCO INTERNATIONAL LTD.
CONSOLIDATED BALANCE SHEETS
As of September 24, 2010 and September 25, 2009
(in millions, except per share data)
2010 2009
Assets
Current Assets:
Cash and cash equivalents ........................................ $ 1,775 $ 2,354
Accounts receivable, less allowance for doubtful accounts of $161 and $167,
respectively ................................................. 2,493 2,544
Inventories ................................................... 1,443 1,370
Prepaid expenses and other current assets ............................. 936 963
Deferred income taxes ........................................... 382 405
Assets held for sale ............................................. 324 404
Total current assets ............................................ 7,353 8,040
Property, plant and equipment, net ................................... 4,156 3,437
Goodwill ...................................................... 9,577 8,791
Intangible assets, net .............................................. 3,446 2,643
Other assets .................................................... 2,596 2,642
Total Assets ................................................. $27,128 $25,553
Liabilities and Equity
Current Liabilities:
Loans payable and current maturities of long-term debt ................... $ 536 $ 245
Accounts payable ............................................... 1,340 1,198
Accrued and other current liabilities ................................. 2,671 2,438
Deferred revenue .............................................. 618 588
Liabilities held for sale ........................................... 103 277
Total current liabilities ......................................... 5,268 4,746
Long-term debt .................................................. 3,652 4,029
Deferred revenue ................................................ 1,106 1,133
Other liabilities .................................................. 3,001 2,691
Total Liabilities .............................................. 13,027 12,599
Commitments and Contingencies (see Note 14)
Tyco Shareholders’ Equity:
Common shares, CHF 6.70 par value, 814,801,671 shares authorized, 514,502,770
shares issued as of September 24, 2010; CHF 7.60 par value, 814,801,671
shares authorized, 479,346,720 shares issued as of September 25, 2009. ...... 2,948 3,122
Common shares held in treasury, 26,097,158 and 5,182,984 shares, as of
September 24, 2010 and September 25, 2009, respectively ................ (976) (214)
Contributed surplus ............................................. 12,121 10,940
Accumulated earnings (deficit) ..................................... 312 (820)
Accumulated other comprehensive loss ............................... (321) (87)
Total Tyco Shareholders’ Equity .................................. 14,084 12,941
Noncontrolling interest ............................................ 17 13
Total Equity ................................................. 14,101 12,954
Total Liabilities and Equity ..................................... $27,128 $25,553
See Notes to Consolidated Financial Statements.
76 2010 Financials