ADT 2010 Annual Report Download - page 245

TYCO INTERNATIONAL LTD.
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
24. Tyco International Finance S.A. (Continued)
CONDENSED CONSOLIDATING BALANCE SHEET
As of September 24, 2010
($ in millions)
Tyco Tyco
International International Other Consolidating
Ltd. Finance S.A. Subsidiaries Adjustments Total
Assets
Current Assets:
Cash and cash equivalents ............ $ — $ — $1,775 $ — $ 1,775
Accounts receivable, net .............. — — 2,493 — 2,493
Inventories ....................... — — 1,443 — 1,443
Intercompany receivables ............. 1,082 160 15,770 (17,012) —
Prepaid expenses and other current assets . 69 2 865 — 936
Deferred income taxes ............... — — 382 — 382
Assets held for sale ................. 221 221 324 (442) 324
Total current assets ............... 1,372 383 23,052 (17,454) 7,353
Property, plant and equipment, net ........ — — 4,156 — 4,156
Goodwill .......................... — — 9,577 — 9,577
Intangible assets, net ................. — — 3,446 — 3,446
Investment in subsidiaries .............. 45,396 16,482 — (61,878) —
Intercompany loans receivable ........... — 11,695 20,387 (32,082) —
Other assets ....................... 90 323 2,183 — 2,596
Total Assets .................... $46,858 $28,883 $62,801 $(111,414) $27,128
Liabilities and Equity
Current Liabilities:
Loans payable and current maturities of
long-term debt .................. $ — $ 517 $ 19 $ — $ 536
Accounts payable .................. — — 1,340 — 1,340
Accrued and other current liabilities ..... 421 64 2,186 — 2,671
Deferred revenue .................. — — 618 — 618
Intercompany payables ............... 10,581 5,189 1,242 (17,012) —
Liabilities held for sale .............. — — 103 — 103
Total current liabilities ............. 11,002 5,770 5,508 (17,012) 5,268
Long-term debt ..................... — 3,593 59 — 3,652
Intercompany loans payable ............. 21,362 1,772 8,948 (32,082) —
Deferred revenue .................... — — 1,106 — 1,106
Other liabilities ..................... 410 — 2,591 — 3,001
Total Liabilities .................. 32,774 11,135 18,212 (49,094) 13,027
Tyco Shareholders’ Equity:
Preference shares .................. — — 2,500 (2,500) —
Common shares ................... 2,948 — — — 2,948
Common shares held in treasury ........ (575) — (401) — (976)
Other shareholders’ equity ............ 11,711 17,748 42,473 (59,820) 12,112
Total Tyco Shareholders’ Equity ....... 14,084 17,748 44,572 (62,320) 14,084
Noncontrolling interest ................ — — 17 — 17
Total Equity .................... 14,084 17,748 44,589 (62,320) 14,101
Total Liabilities and Equity .......... $46,858 $28,883 $62,801 $(111,414) $27,128
2010 Financials 157