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FORM 10-K
Item 6. Selected Financial Data.
The following table sets forth selected consolidated and combined financial data for fiscal years 2014, 2013,
2012, 2011 and 2010. The statement of operations data set forth below for fiscal years 2014, 2013 and 2012 and
the balance sheet data as of September 26, 2014 and September 27, 2013 are derived from our audited financial
statements included elsewhere in this Annual Report on Form 10-K. The statement of operations data for fiscal
years 2011 and 2010 and the balance sheet data as of September 28, 2012, September 30, 2011 and
September 24, 2010 are derived from our audited financial statements which are not included in this Annual
Report on Form 10-K.
ADT has a 52- or 53-week fiscal year that ends on the last Friday in September. Fiscal year 2011 was a 53-
week year. Fiscal years 2014, 2013, 2012 and 2010 were 52-week years.
This selected financial data should be read in conjunction with Item 8 “Consolidated and Combined
Financial Statements and related Notes” and Item 7 “Management’s Discussion and Analysis of Financial
Condition and Results of Operations” of this Annual Report on Form 10-K.
(in millions, except per share data) 2014 2013 2012 2011 2010
Consolidated and Combined Statements of Operations Data:
Revenue ..................................... $ 3,408 $3,309 $3,228 $3,110 $2,591
Operating income(1) ............................ 659 735 722 693 504
Net income(1)(2) ................................ 304 421 394 376 239
Net income per share(3):
Basic ........................................ $ 1.67 $ 1.90 $ 1.70 $ 1.62 $ 1.03
Diluted ...................................... $ 1.66 $ 1.88 $ 1.67 $ 1.59 $ 1.01
Weighted average number of shares(3):
Basic ........................................ 182 222 232 232 232
Diluted ...................................... 183 224 236 236 236
Cash dividends declared per common share ................. $ 0.80 $0.625 $ — $ — $ —
Consolidated and Combined Balance Sheet Data (End of Fiscal
Year):
Total assets ................................... $10,549 $9,913 $9,260 $8,739 $8,692
Long-term debt(4) .............................. 5,096 3,373 2,525 1,506 1,326
Total liabilities(4) .............................. 7,421 5,591 4,103 3,508 3,526
Total stockholders’ equity(5) ...................... 3,128 4,322 5,157 5,231 5,166
(1) Operating income and net income include $52 million, $67 million and $69 million of corporate expense
allocated from Tyco for fiscal years 2012, 2011 and 2010, respectively.
(2) Net income includes allocated interest expense related to Tyco’s external debt of $64 million, $87 million
and $102 million for fiscal years 2012, 2011 and 2010, respectively.
(3) The Separation was completed on September 28, 2012, and we issued 231 million shares of common stock.
This initial share amount has been used to calculate earnings per share for fiscal years 2012, 2011 and 2010.
See Note 11 to the Consolidated and Combined Financial Statements for additional information on earnings
per share.
(4) Long-term debt and total liabilities include $1,482 million and $1,301 million of allocated debt from Tyco
as of September 30, 2011 and September 24, 2010, respectively. See Note 5 for discussion of fiscal 2014,
2013 and 2012 debt issuances.
(5) In fiscal year 2014 and 2013, we repurchased common shares under our share repurchase program for a total
of $1.4 billion and $1.3 billion, respectively.
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