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CONSOLIDATED BALANCE SHEETS (UNAUDITED) - USD ($)
$ in Millions
Mar. 25, 2016
Sep. 25, 2015
Current Assets:    
Cash and cash equivalents $ 345 $ 1,401
Accounts receivable, less allowance for doubtful accounts of $76 and $70, respectively 1,722 1,732
Inventories 670 624
Prepaid expenses and other current assets 864 754
Deferred income taxes 62 62
Assets held for sale 0 102
Total Current Assets 3,663 4,675
Property, plant and equipment, net 1,189 1,177
Goodwill 4,460 4,234
Intangible assets, net 1,025 863
Other assets 1,274 1,372
Total Assets 11,611 12,321
Current Liabilities:    
Loans payable and current maturities of long-term debt 400 987
Accounts payable 797 774
Accrued and other current liabilities 1,643 1,661
Deferred revenue 393 380
Liabilities held for sale 0 50
Total Current Liabilities 3,233 3,852
Long-term debt 2,159 2,159
Deferred revenue 285 303
Other liabilities 1,756 1,931
Total Liabilities $ 7,433 $ 8,245
Commitments and Contingencies (see Note 11)
Tyco Shareholders' Equity:    
Ordinary shares, $0.01 par value, 1,000,000,000 shares authorized, and 425,294,236 and 422,400,870 shares issued as of March 25, 2016 and September 25, 2015, respectively $ 4 $ 4
Ordinary A Shares, Value 0 0
Preference shares, $0.01 par value, 100,000,000 shares authorized, none outstanding as of March 25, 2016 and September 25, 2015 0 0
Ordinary shares held in treasury, 409,244 and 79,770 shares as of March 25, 2016 and September 25, 2015, respectively (15) (3)
Additional paid in capital 769 716
Accumulated earnings 5,213 5,165
Accumulated other comprehensive loss (1,829) (1,841)
Total Tyco Shareholders' Equity 4,142 4,041
Nonredeemable noncontrolling interest 36 35
Total Equity 4,178 4,076
Total Liabilities and Equity $ 11,611 $ 12,321