ADT 2010 Annual Report Download - page 89

PART I
Item 1. Business
General
Tyco International Ltd. (hereinafter referred to as ‘‘we,’’ the ‘‘Company’’ or ‘‘Tyco’’) is a
diversified, global company that provides products and services to customers in various countries
throughout the world. Tyco is a leading provider of security products and services, fire protection and
detection products and services, valves and controls and other industrial products. We operate and
report financial and operating information in the following five segments:
•ADT Worldwide designs, sells, installs, services and monitors electronic security systems for
residential, commercial, industrial and governmental customers. In addition, ADT Worldwide
manufactures certain products related to retailer anti-theft systems.
•Flow Control designs, manufactures, sells and services valves, pipes, fittings, valve automation
and heat tracing products for general process, energy and mining markets as well as the water
and wastewater markets.
•Fire Protection Services designs, sells, installs and services fire detection and fire suppression
systems for commercial, industrial and governmental customers.
•Electrical and Metal Products designs, manufactures and sells galvanized steel tubing, armored
wire and cable and other metal products for non-residential construction, electrical, fire and
safety and mechanical customers.
•Safety Products designs, manufactures and sells fire suppression, electronic security and life safety
products, including fire sprinklers, breathing apparatus, intrusion, security, access control and
video management systems. In addition, Safety Products manufactures products installed and
serviced by ADT Worldwide and Fire Protection Services.
We also provide general corporate services to our segments and these costs are reported as
Corporate and Other.
Net revenue by segment for 2010 is as follows ($ in billions):
Percent of
Total
Net
Net Revenue Revenue Key Brands
ADT Worldwide ................ $ 7.4 44% ADT, Sensormatic
Flow Control ................... 3.4 20 Keystone, Vanessa
Fire Protection Services ........... 3.3 19 SimplexGrinnell, Wormald
Electrical and Metal Products ....... 1.4 8 Allied Tube & Conduit, AFC Cable
Systems
Safety Products ................. 1.5 9 Scott, Protector, Ansul, Grinnell,
Software House, American Dynamics,
DSC and Bentel
$17.0 100%
During the first quarter of 2011, the Company will realign our Safety Products segment between
our ADT Worldwide and Fire Protection segments. Our existing ADT Worldwide and Fire Protection
segments will create two new businesses: Tyco Security Solutions and Tyco Fire Protection.
Tyco Security Solutions will consist of our ADT Worldwide segment as well as manufacturing
security products including intrusion, security, access control and video management systems previously
2010 Financials 1