ADT 2010 Annual Report Download - page 240

TYCO INTERNATIONAL LTD.
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
20. Supplementary Consolidated Balance Sheet Information
Selected supplementary Consolidated Balance Sheet information as of September 24, 2010 and
September 25, 2009 is as follows ($ in millions):
2010 2009
Deferred tax asset—non current ................................ $1,131 $1,105
Other non-current assets ...................................... 1,465 1,537
Other assets ............................................. $2,596 $2,642
Accrued payroll and payroll related costs .......................... 665 540
Deferred income tax liability-current ............................. 61 43
Income taxes payable—current .................................. 102 83
Other .................................................... 1,843 1,772
Accrued and other current liabilities ............................ $2,671 $2,438
Long-term pension and postretirement liabilities ..................... 847 807
Deferred income tax liability—non-current ......................... 605 264
Income taxes payable—non-current .............................. 238 221
Other .................................................... 1,311 1,399
Other liabilities ........................................... $3,001 $2,691
21. Inventory
Inventories consisted of the following ($ in millions):
September 24, September 25,
2010 2009
Purchased materials and manufactured parts ................ $ 504 $ 482
Work in process ..................................... 192 194
Finished goods ...................................... 747 694
Inventories ....................................... $1,443 $1,370
Inventories are recorded at the lower of cost (primarily first-in, first-out) or market value.
22. Property, Plant and Equipment
Property, plant and equipment consisted of the following ($ in millions):
September 24, September 25,
2010 2009
Land............................................. $ 154 $ 144
Buildings .......................................... 816 745
Subscriber systems ................................... 6,085 5,309
Machinery and equipment ............................. 2,457 2,324
Property under capital leases(1) .......................... 62 62
Construction in progress ............................... 154 164
Accumulated depreciation(2) ............................ (5,572) (5,311)
Property, Plant and Equipment, net ..................... $4,156 $ 3,437
(1) Property under capital leases consists primarily of buildings.
(2) Accumulated amortization of capital lease assets was $34 million and $28 million as of September 24, 2010 and
September 25, 2009, respectively.
152 2010 Financials