ADT 2011 Annual Report Download - page 269

TYCO INTERNATIONAL LTD.
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (Continued)
26. Tyco International Finance S.A. (Continued)
CONDENSED CONSOLIDATING BALANCE SHEET
As of September 30, 2011
($ in millions)
Tyco Tyco
International International Other Consolidating
Ltd. Finance S.A. Subsidiaries Adjustments Total
Assets
Current Assets:
Cash and cash equivalents ................. $ — $ — $1,390 $ — $ 1,390
Accounts receivable, net ................... — — 2,401 — 2,401
Inventories ............................ — — 1,344 — 1,344
Intercompany receivables .................. 1,101 1,275 6,821 (9,197) —
Prepaid expenses and other current assets ....... 24 — 872 — 896
Deferred income taxes .................... — — 402 — 402
Assets held for sale ...................... — — — — —
Total current assets ..................... 1,125 1,275 13,230 (9,197) 6,433
Property, plant and equipment, net ............. — — 4,051 — 4,051
Goodwill ............................... — — 9,999 — 9,999
Intangible assets, net ....................... — — 3,628 — 3,628
Investment in subsidiaries ................... 36,483 19,986 — (56,469) —
Intercompany loans receivable ................ 1,921 10,115 20,023 (32,059) —
Other assets ............................. 73 298 2,295 — 2,666
Total Assets .......................... $39,602 $31,674 $53,226 $(97,725) $26,777
Liabilities and Equity
Current Liabilities:
Loans payable and current maturities of long-term
debt ............................... $ — $ — $ 2 $ — $ 2
Accounts payable ....................... — — 1,278 — 1,278
Accrued and other current liabilities ........... 321 50 2,036 — 2,407
Deferred revenue ....................... — — 643 — 643
Intercompany payables .................... 3,452 3,369 2,376 (9,197) —
Liabilities held for sale .................... — — — — —
Total current liabilities .................. 3,773 3,419 6,335 (9,197) 4,330
Long-term debt .......................... — 4,091 55 — 4,146
Intercompany loans payable .................. 21,249 3,121 7,689 (32,059) —
Deferred revenue ......................... — — 1,143 — 1,143
Other liabilities .......................... 398 — 2,480 — 2,878
Total Liabilities ....................... 25,420 10,631 17,702 (41,256) 12,497
Redeemable noncontrolling interest ............. — — 93 — 93
Tyco Shareholders’ Equity:
Common shares ........................ 2,792 — — — 2,792
Common shares held in treasury ............. — — (951) — (951)
Other shareholders’ equity ................. 11,390 21,043 36,377 (56,469) 12,341
Total Tyco Shareholders’ Equity ............ 14,182 21,043 35,426 (56,469) 14,182
Nonredeemable noncontrolling interest ......... — — 5 — 5
Total Equity ......................... 14,182 21,043 35,431 (56,469) 14,187
Total Liabilities, Redeemable
Noncontrolling Interest and Equity ........ $39,602 $31,674 $53,226 $(97,725) $26,777
166 2011 Financials