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Equity and Comprehensive Income (Tables)
 6 Months Ended
Mar. 25, 2016
Accumulated Other Comprehensive Income (Loss) [Line Items]  
Comprehensive Income (Loss)
Comprehensive income (loss) is comprised of the following ($ in millions):
 
For the Quarters Ended
 
For the Six Months Ended
 
March 25,
2016
 
March 27,
2015
 
March 25,
2016
 
March 27,
2015
Net income
$
145

 
$
165

 
$
221

 
$
326

Foreign currency translation (1)
15

 
(176
)
 
(28
)
 
(374
)
Liquidation of foreign entities (2)
29

 
—

 
29

 
—

Foreign currency translation
44

 
(176
)
 
1

 
(374
)
Amortization of net actuarial losses (3)
6

 
5

 
13

 
11

Income tax expense
(3
)
 
(1
)
 
(5
)
 
(2
)
Defined benefit and post retirement plans, net of tax
3

 
4

 
8

 
9

Unrealized gain on marketable securities and derivative instruments (4)
3

 
—

 
5

 
—

Income tax expense
(1
)
 
—

 
(2
)
 
—

Unrealized gain on marketable securities and derivative instruments, net of tax
2

 
—

 
3

 
—

  Total other comprehensive income (loss), net of tax
49

 
(172
)
 
12

 
(365
)
Comprehensive income (loss)
194

 
(7
)
 
233

 
(39
)
Less: comprehensive loss attributable to noncontrolling interests
(1
)
 
(2
)
 
(1
)
 
(3
)
Comprehensive income (loss) attributable to Tyco ordinary shareholders
$
195

 
$
(5
)
 
$
234

 
$
(36
)
(1) Includes loss of $13 million and nil related to the net investment hedge for the quarter and six months ended March 25, 2016, respectively. Includes gain of $20 million related to the net investment hedge for both the quarter and six months ended March 27, 2015. See Note 10.
(2) During the quarter ended March 25, 2016, $31 million of cumulative translation losses were transferred from currency translation adjustments as a result of the sale of a foreign entity. Of this amount, $24 million was applied against a provision for cumulative translation losses within the Consolidated Balance Sheets which was established during the first quarter of fiscal 2016 and $7 million was transferred to Selling, general and administrative expense within the Consolidated Statements of Operations. Additionally, during the quarter and six months ended March 25, 2016, $2 million of cumulative translation gains were transferred from currency translation adjustments and are included in Income (loss) from discontinued operations, net of income taxes within the Consolidated Statements of Operations as a result of the sale of another foreign entity.
(3) Reclassified to net periodic (benefit) cost. See Note 12.
(4) When sold, the gain (loss) will be reclassified to realized gain (loss) on marketable securities and derivative instruments and be recorded in Other (expense) income, net within the Consolidated Statements of Operations.
Components of accumulated other comprehensive (loss) income
A summary of the changes in each component of Accumulated other comprehensive loss, net of tax, for the six months ended March 25, 2016 and March 27, 2015 are as follows ($ in millions):
 
Currency
Translation
Adjustments
 
Unrealized Gain
(Loss) on
Marketable
Securities and
Derivative
Instruments
 
Retirement
Plans
 
Accumulated Other
Comprehensive Loss
Balance as of September 25, 2015
$
(1,233
)
 
$
(9
)
 
$
(599
)
 
$
(1,841
)
Other comprehensive income, net of tax
(28
)
 
3

 
—

 
(25
)
Amounts reclassified from accumulated other comprehensive income, net of tax
29

 
—

 
8

 
37

Net current period other comprehensive income
$
1

 
$
3

 
$
8

 
$
12

Balance as of March 25, 2016
$
(1,232
)
 
$
(6
)
 
$
(591
)
 
$
(1,829
)

 
Currency
Translation
Adjustments
 
Retirement
Plans
 
Accumulated Other
Comprehensive Loss
Balance as of September 26, 2014
$
(693
)
 
$
(532
)
 
$
(1,225
)
Other comprehensive loss, net of tax
(374
)
 
—

 
(374
)
Amounts reclassified from accumulated other comprehensive income, net of tax
—

 
9

 
9

Net current period other comprehensive (loss) income
$
(374
)
 
$
9

 
$
(365
)
Balance as of March 27, 2015
$
(1,067
)
 
$
(523
)
 
$
(1,590
)
A summary of the changes in each component of Accumulated other comprehensive loss, net of tax, for the six months ended March 25, 2016 and March 27, 2015 are as follows ($ in millions):
 
Currency
Translation
Adjustments
 
Unrealized Gain
(Loss) on
Marketable
Securities and
Derivative
Instruments
 
Retirement
Plans
 
Accumulated Other
Comprehensive Loss
Balance as of September 25, 2015
$
(1,233
)
 
$
(9
)
 
$
(599
)
 
$
(1,841
)
Other comprehensive income, net of tax
(28
)
 
3

 
—

 
(25
)
Amounts reclassified from accumulated other comprehensive income, net of tax
29

 
—

 
8

 
37

Net current period other comprehensive income
$
1

 
$
3

 
$
8

 
$
12

Balance as of March 25, 2016
$
(1,232
)
 
$
(6
)
 
$
(591
)
 
$
(1,829
)