ADT 2012 Annual Report Download - page 186

Dividends—Holders of shares of the Company’s common stock are entitled to receive dividends when, as
and if declared by its board of directors out of funds legally available for that purpose. Future dividends are
dependent on the Company’s financial condition and results of operations, the capital requirements of its
business, covenants associated with debt obligations, legal requirements, regulatory constraints, industry practice
and other factors deemed relevant by its board of directors.
Voting Rights—The holders of the Company’s common stock are entitled to one vote for each share held of
record on all matters submitted to a vote of the shareholders.
Other Rights—Subject to any preferential liquidation rights of holders of preferred stock that may be
outstanding, upon the Company’s liquidation, dissolution or winding-up, the holders of ADT common stock are
entitled to share ratably in the Company’s assets legally available for distribution to its shareholders.
Fully Paid—The issued and outstanding shares of the Company’s common stock are fully paid and
non-assessable. Any additional shares of common stock that the Company may issue in the future will also be
fully paid and non-assessable.
The holders of the Company’s common stock do not have preemptive rights or preferential rights to
subscribe for shares of its capital stock.
Preferred Stock
The Company’s certificate of incorporation authorizes its board of directors to designate and issue from
time to time one or more series of preferred stock without shareholder approval. The board of directors may fix
and determine the preferences, limitations and relative rights of each series of preferred stock. As of
September 28, 2012, there were 50,000,000 shares of $0.01 par value preferred stock authorized of which none
were outstanding. The Company does not currently plan to issue any shares of preferred stock.
Accumulated Other Comprehensive Income
The components of accumulated other comprehensive income are as follows ($ in millions):
Currency
Translation
Adjustments
Retirement
Plans(1)
Accumulated
Other
Comprehensive
Income
Balance as of September 25, 2009 $ 85 $(17) $68
Pre-tax current period change ........... 12 (1) 11
Balance as of September 24, 2010 97 (18) 79
Pre-tax current period change ........... 3 (5) (2)
Income tax benefit .................... — 2 2
Balance as of September 30, 2011 100 (21) 79
Pre-tax current period change ........... 17 (5) 12
Income tax benefit .................... — 2 2
Balance as of September 28, 2012 .......... $117 $(24) $93
(1) The balances of deferred pension losses as of September 28, 2012, September 30, 2011 and September 24,
2010 are reflected net of tax benefit of $15 million, $13 million and $11 million, respectively.
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