ADT 2010 Annual Report Download - page 165

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TYCO INTERNATIONAL LTD.
CONSOLIDATED STATEMENTS OF SHAREHOLDERS’ EQUITY
For the Year Ended September 24, 2010, September 25, 2009 and September 26, 2008
(in millions)
Common
Shares at Common Accumulated
Number of Par Value Shares Accumulated Other Total Tyco Non-
Common (see $0.80 Treasury Share Contributed Earnings Comprehensive Shareholders’ controlling Total
Shares Note 16) Par Value Shares Premium Surplus (Deficit) Income (Loss) Equity Interest Equity
Balance as of September 28, 2007 496 $ — $ 397 $ — $ 9,189 $ 5,439 $ 34 $ 565 $15,624 $ 66 $15,690
Comprehensive income:
Net income ............ 1,553 1,553 1 1,554
Currency translation ....... (307) (307) (307)
Divestiture of subsidiary shares
from noncontrolling interests,
net................ (52) (52)
Unrealized loss on marketable
securities and derivative
instruments, net of income
taxes ............... (5) (5) (5)
Retirement plans, net of income
taxes ............... (21) (21) (21)
Total comprehensive income . . 1,220 (51) 1,169
Dividends declared ......... (313) (313) (313)
Share option exercised, including
tax benefit of $2 ......... 2 2 47 2 51 51
Repurchase of common shares by
subsidiary ............. (20) (17) (837) (854) (854)
Repurchase of common shares
held in treasury.......... (5) (192) (192) (192)
Compensation expense ....... 97 97 97
Exchange of convertible debt . . . 10 10 10
Cumulative effect of adopting a
new accounting principle (see
Note 6) .............. (79) (79) (79)
Other (see Note 2) ......... (70) (70) (1) (71)
Balance as of September 26, 2008 473 $ — $ 382 $(192) $ 9,236 $ 4,711 $ 1,125 $ 232 $15,494 $ 14 $15,508
Comprehensive income:
Net loss .............. (1,798) (1,798) 4 (1,794)
Currency translation ....... (203) (203) (203)
Unrealized gain on marketable
securities and derivative
instruments, net of income
taxes of $5 million ....... 99 9
Retirement plans, net of income
tax benefit of $107 million
(see Note 18).......... (220) (220) (220)
Total comprehensive loss . . . . (2,212) 4 (2,208)
Change of Domicile (see Note 16)
Reclassification of shares owned
by subsidiaries and
cancellation of common
shares held in treasury . . . . 1 (54) 53 — —
Reverse share split and issuance
of fully paid up shares . . . . 3,498 (382) (3,116) — —
Reallocation of share premium
to contributed surplus..... (6,120) 6,120 — —
Dividends declared (see Note 16) . (377) (95) (472) (472)
Shares issued from treasury for
vesting of share based equity
awards and other related tax
effects ............... 1 32 (38) (6) (6)
Repurchase of common shares by
subsidiary ............. (3) (3) (3)
Compensation expense ....... 103 103 103
Cumulative effect of adopting a
new accounting principle, net of
income tax benefit of $2 million
and income taxes $28 million,
respectively, (See Note 15) . . . (5) 61 56 56
Other................. (6) (47) 34 (19) (5) (24)
Balance as of September 25, 2009 474 $3,122 $ — $(214) $ — $10,940 $ (820) $ (87) $12,941 $ 13 $12,954
See Notes to Consolidated Financial Statements.
2010 Financials 77