ADT 2010 Annual Report Download - page 235

TYCO INTERNATIONAL LTD.
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
17. Share Plans (Continued)
have the right to receive dividend equivalent units. Conditions of vesting are determined at the time of
grant. Under the 2004 Plan, grants made to executives generally vested in equal annual installments
over three years while DSUs granted to the Board of Directors were immediately vested. The Company
has granted 1 million DSUs, the majority of which were outstanding as of September 24, 2010.
The weighted-average grant-date fair value of DSUs granted during 2009 and 2008 was $34.09 and
$44.96, respectively. There were no DSU awards granted during 2010. The total fair value of DSUs
vested during 2010, 2009 and 2008 was $1 million, $2 million and $2 million, respectively. As of
September 24, 2010, all DSUs are vested.
18. Accumulated Other Comprehensive Income (Loss)
The components of accumulated other comprehensive income (loss) are as follows ($ in millions):
Unrealized Accumulated
(Loss) Gain on Other
Currency Marketable Retirement Comprehensive
Translation(1) Securities Plans Income (Loss)
Balance as of September 28, 2007 ........... $891 $ — $(326) $ 565
Pre-tax current period change ............ (307) (9) (32) (348)
Income tax expense ................... — 4 11 15
Balance as of September 26, 2008 ........... 584 (5) (347) 232
Cumulative effect of adopting a new
accounting principle (See Note 15) ....... — — 89 89
Pre-tax current period change ............ (203) 14 (327) (516)
Income tax expense ................... — (5) 79 74
Other(2) ............................ 34 — — 34
Balance as of September 25, 2009 ........... 415 4 (506) (87)
Pre-tax current period change ............ (208) — (47) (255)
Income tax expense(3) .................. 7 — 14 21
Balance as of September 24, 2010 ........... $214 $ 4 $(539) $(321)
(1) During the years ended September 24, 2010, September 25, 2009, and September 26, 2008, $67 million of a cumulative
translation gain, $21 million of a cumulative translation loss and $58 million of a cumulative translation gain, respectively,
were transferred from currency translation adjustments as a result of the sale of foreign entities. Of these amounts nil,
$21 million and $58 million, respectively, are included in income from discontinued operations.
(2) Adjustment to accumulated (deficit) earnings recorded to correct the distribution amount to Covidien and Tyco Electronics
at the date of the Separations. See Note 2.
(3) Tax effect of net investment hedge.
2010 Financials 147