Divestitures (Tables)

9 Months Ended

Jun. 24, 2016

Discontinued Operations and Disposal Groups [Abstract]

Schedule of Discontinued Operations

The components of (loss) income from discontinued operations, net of income taxes are as follows ($ in millions):

	For the Quarters Ended						For the Nine Months Ended
	June 24, 2016			June 26, 2015			June 24, 2016			June 26, 2015
Net revenue	$	—		$	5		$	1		$	15
Pre-tax loss from discontinued operations	—			(3		)	(2		)	(12		)
Pre-tax (loss) gain on sale of discontinued operations	(1		)	(29		)	16			(28		)
Income tax expense (1)	(1		)	—			(11		)	(10		)
(Loss) income from discontinued operations, net of income taxes	$	(2	)	$	(32	)	$	3		$	(50	)

⁽¹⁾ Income tax expense for the nine months ended June 24, 2016 includes $14 million related to the Company’s settlement of income tax matters pertaining to its divested ADT Korea business. These matters are unrelated to the liability established of $212 million during fiscal 2014 which relates to the indemnification for certain tax related matters in connection with the sale. The Company continues to maintain such liability until the matter is resolved.

Balance sheet information for the assets and liabilities of businesses classified as held for sale as of June 24, 2016 and September 25, 2015 was as follows ($ in millions):

	As of		As of
	June 24, 2016		September 25, 2015
Accounts receivable, net	$	9	$	54
Inventories	6		8
Prepaid expenses and other current assets	6		26
Deferred income taxes	—		1
Property, plant and equipment, net	13		24
Goodwill	—		34
Intangible assets, net	33		57
Other assets	4		4
Total assets	$	71	$	208
Accounts payable	12		22
Accrued and other current liabilities	19		43
Deferred revenue	3		5
Other liabilities	—		10
Total liabilities	$	34	$	80