ADT 2010 Annual Report Download - page 246

TYCO INTERNATIONAL LTD.
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
24. Tyco International Finance S.A. (Continued)
CONDENSED CONSOLIDATING BALANCE SHEET
As of September 25, 2009
($ in millions)
Tyco Tyco
International International Other Consolidating
Ltd. Finance S.A. Subsidiaries Adjustments Total
Assets
Current Assets:
Cash and cash equivalents ............ $ — $ — $2,354 $ — $ 2,354
Accounts receivable, net .............. — — 2,544 — 2,544
Inventories ....................... — — 1,370 — 1,370
Intercompany receivables ............. 1,069 29 14,646 (15,744) —
Prepaid expenses and other current assets . 114 — 849 — 963
Deferred income taxes ............... — — 405 — 405
Assets held for sale ................. 127 127 404 (254) 404
Total current assets ............... 1,310 156 22,572 (15,998) 8,040
Property, plant and equipment, net ........ — — 3,437 — 3,437
Goodwill .......................... — — 8,791 — 8,791
Intangible assets, net ................. — — 2,643 — 2,643
Investment in subsidiaries .............. 43,358 15,939 — (59,297) —
Intercompany loans receivable ........... — 9,765 18,695 (28,460) —
Other assets ....................... 96 303 2,243 — 2,642
Total Assets .................... $44,764 $26,163 $58,381 $(103,755) $25,553
Liabilities and Equity
Current Liabilities:
Loans payable and current maturities of
long-term debt .................. $ — $ 200 $ 45 $ — $ 245
Accounts payable .................. — — 1,198 — 1,198
Accrued and other current liabilities ..... 338 54 2,046 — 2,438
Deferred revenue .................. — — 588 — 588
Intercompany payables ............... 9,476 5,177 1,091 (15,744) —
Liabilities held for sale .............. — — 277 — 277
Total current liabilities ............. 9,814 5,431 5,245 (15,744) 4,746
Long-term debt ..................... — 3,951 78 — 4,029
Intercompany loans payable ............. 21,450 80 6,930 (28,460) —
Deferred revenue .................... — — 1,133 — 1,133
Other liabilities ..................... 559 — 2,132 — 2,691
Total Liabilities .................. 31,823 9,462 15,518 (44,204) 12,599
Tyco Shareholders’ Equity:
Preference shares .................. — — 2,500 (2,500) —
Common shares ................... 3,122 — — — 3,122
Common shares held in treasury ........ — — (214) — (214)
Other shareholders’ equity ............ 9,819 16,701 40,564 (57,051) 10,033
Total Tyco Shareholders’ Equity ....... 12,941 16,701 42,850 (59,551) 12,941
Noncontrolling interest ................ — — 13 — 13
Total Equity .................... 12,941 16,701 42,863 (59,551) 12,954
Total Liabilities and Equity .......... $44,764 $26,163 $58,381 $(103,755) $25,553
158 2010 Financials