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CONSOLIDATED STATEMENTS OF OPERATIONS (UNAUDITED) (USD $)
In Millions, except Per Share data, unless otherwise specified
3 Months Ended 9 Months Ended
Jun. 27, 2014
Jun. 28, 2013
Jun. 27, 2014
Jun. 28, 2013
Revenue from product sales $ 1,621 $ 1,484 $ 4,553 $ 4,319
Service revenue 1,041 1,053 3,083 3,144
Net revenue 2,662 [1] 2,537 [1] 7,636 [1] 7,463 [1]
Cost of product sales 1,106 1,000 3,108 2,956
Cost of services 572 606 1,725 1,813
Selling, general and administrative expenses 671 712 1,878 2,129
Separation costs (see Note 2) 0 4 1 9
Restructuring and asset impairment charges, net (see Note 4) 17 53 27 82
Operating income 296 162 897 474
Interest income 4 6 10 13
Interest expense (24) (26) (73) (75)
Other expense, net 0 (1) (2) (30)
Income from continuing operations before income taxes 276 141 832 382
Income tax expense (55) (23) (164) (56)
Equity gain (loss) in earnings of unconsolidated subsidiaries 215 (6) 206 (18)
Income from continuing operations 436 112 874 308
Income from discontinued operations, net of income taxes 1,016 23 1,057 62
Net income 1,452 135 1,931 370
Less: noncontrolling interest in subsidiaries net income 2 0 4 0
Net income attributable to Tyco common shareholders 1,450 135 1,927 370
Amounts attributable to Tyco common shareholders:        
Income from continuing operations 434 112 870 308
Income from discontinued operations 1,016 23 1,057 62
Net income attributable to Tyco common shareholders $ 1,450 $ 135 $ 1,927 $ 370
Basic earnings per share attributable to Tyco common shareholders:        
Income from continuing operations (in dollars per share) $ 0.95 $ 0.24 $ 1.89 $ 0.66
Income from discontinued operations (in dollars per share) $ 2.22 $ 0.05 $ 2.29 $ 0.14
Net income attributable to Tyco common shareholders (in dollars per share) $ 3.17 $ 0.29 $ 4.18 $ 0.80
Diluted earnings per share attributable to Tyco common shareholders:        
Income from continuing operations (in dollars per share) $ 0.93 $ 0.24 $ 1.85 $ 0.65
Income from discontinued operations (in dollars per share) $ 2.18 $ 0.04 $ 2.26 $ 0.13
Net income attributable to Tyco common shareholders (in dollars per share) $ 3.11 $ 0.28 $ 4.11 $ 0.78
Weighted average number of shares outstanding:        
Basic (in shares) 458 463 461 465
Diluted (in shares) 466 471 469 473
[1] Net revenue by operating segment excludes intercompany transactions.