XML 104 R91.htm IDEA: XBRL DOCUMENT v3.5.0.2
Guarantor Financial Statements - CONDENSED CONSOLIDATING STATEMENT OF OPERATIONS (Details) - USD ($)
$ in Millions
3 Months Ended 9 Months Ended
Jun. 24, 2016
Jun. 26, 2015
Jun. 24, 2016
Jun. 26, 2015
Condensed Financial Statements, Captions [Line Items]        
Net revenue $ 2,449 $ 2,489 $ 7,156 $ 7,397
Cost of product sales 1,026 1,025 2,956 3,046
Cost of services 508 548 1,550 1,645
Selling, general and administrative expenses 667 625 1,842 1,925
Merger costs 7 0 33 0
Restructuring and asset impairment charges, net 5 38 21 108
Operating (loss) income 236 253 754 673
Interest income 3 4 11 11
Interest expense (22) (26) (68) (75)
Other income (expense), net 54 6 (111) 9
Equity in net income of subsidiaries 0 0 0 0
Intercompany interest and fees 0 0 0 0
Income from continuing operations before income taxes 271 237 586 618
Income tax expense (31) (49) (130) (86)
Income from continuing operations 240 188 456 532
Loss from discontinued operations, net of income taxes (2) (32) 3 (50)
Net income 238 156 459 482
Less: noncontrolling interest in subsidiaries net loss (1) 0 (2) (3)
Net income attributable to Tyco ordinary shareholders 239 156 461 485
Consolidating Adjustments        
Condensed Financial Statements, Captions [Line Items]        
Net revenue 0 0 0 0
Cost of product sales 0 0 0 0
Cost of services 0 0 0 0
Selling, general and administrative expenses 0 0 0 0
Merger costs 0   0  
Restructuring and asset impairment charges, net 0 0 0 0
Operating (loss) income 0 0 0 0
Interest income 0 0 0 0
Interest expense 0 0 0 0
Other income (expense), net 0 0 0 0
Equity in net income of subsidiaries (614) (476) (1,272) (1,349)
Intercompany interest and fees 0 0 0 0
Income from continuing operations before income taxes (614) (476) (1,272) (1,349)
Income tax expense 0 0 0 0
Income from continuing operations (614) (476) (1,272) (1,349)
Loss from discontinued operations, net of income taxes 0 0 0 0
Net income (614) (476) (1,272) (1,349)
Less: noncontrolling interest in subsidiaries net loss 0 0 0 0
Net income attributable to Tyco ordinary shareholders (614) (476) (1,272) (1,349)
Tyco International plc        
Condensed Financial Statements, Captions [Line Items]        
Net revenue 0 0 0 0
Cost of product sales 0 0 0 0
Cost of services 0 0 0 0
Selling, general and administrative expenses 1 1 5 6
Merger costs 2   2  
Restructuring and asset impairment charges, net 0 0 0 0
Operating (loss) income (3) (1) (7) (6)
Interest income 0 0 0 0
Interest expense 0 0 0 0
Other income (expense), net 0 0 0 0
Equity in net income of subsidiaries 225 145 388 440
Intercompany interest and fees 17 12 82 51
Income from continuing operations before income taxes 239 156 463 485
Income tax expense 0 0 (2) 0
Income from continuing operations 239 156 461 485
Loss from discontinued operations, net of income taxes 0 0 0 0
Net income 239 156 461 485
Less: noncontrolling interest in subsidiaries net loss 0 0 0 0
Net income attributable to Tyco ordinary shareholders 239 156 461 485
Tyco Fire & Security Finance SCA        
Condensed Financial Statements, Captions [Line Items]        
Net revenue 0 0 0 0
Cost of product sales 0 0 0 0
Cost of services 0 0 0 0
Selling, general and administrative expenses 0 0 0 0
Merger costs 0   0  
Restructuring and asset impairment charges, net 0 0 0 0
Operating (loss) income 0 0 0 0
Interest income 0 0 0 0
Interest expense 0 0 0 0
Other income (expense), net 0 0 0 0
Equity in net income of subsidiaries 220 165 380 456
Intercompany interest and fees 0 0 0 0
Income from continuing operations before income taxes 220 165 380 456
Income tax expense 0 0 0 0
Income from continuing operations 220 165 380 456
Loss from discontinued operations, net of income taxes 0 0 0 0
Net income 220 165 380 456
Less: noncontrolling interest in subsidiaries net loss 0 0 0 0
Net income attributable to Tyco ordinary shareholders 220 165 380 456
Tyco International Finance S.A.        
Condensed Financial Statements, Captions [Line Items]        
Net revenue 0 0 0 0
Cost of product sales 0 0 0 0
Cost of services 0 0 0 0
Selling, general and administrative expenses 1 0 2 1
Merger costs 1   11  
Restructuring and asset impairment charges, net 0 0 0 0
Operating (loss) income (2) 0 (13) (1)
Interest income 0 0 0 0
Interest expense (22) (25) (67) (73)
Other income (expense), net 54 1 (112) 3
Equity in net income of subsidiaries 169 166 504 453
Intercompany interest and fees 21 23 68 74
Income from continuing operations before income taxes 220 165 380 456
Income tax expense 0 0 0 0
Income from continuing operations 220 165 380 456
Loss from discontinued operations, net of income taxes 0 0 0 0
Net income 220 165 380 456
Less: noncontrolling interest in subsidiaries net loss 0 0 0 0
Net income attributable to Tyco ordinary shareholders 220 165 380 456
Other Subsidiaries        
Condensed Financial Statements, Captions [Line Items]        
Net revenue 2,449 2,489 7,156 7,397
Cost of product sales 1,026 1,025 2,956 3,046
Cost of services 508 548 1,550 1,645
Selling, general and administrative expenses 665 624 1,835 1,918
Merger costs 4   20  
Restructuring and asset impairment charges, net 5 38 21 108
Operating (loss) income 241 254 774 680
Interest income 3 4 11 11
Interest expense 0 (1) (1) (2)
Other income (expense), net 0 5 1 6
Equity in net income of subsidiaries 0 0 0 0
Intercompany interest and fees (38) (35) (150) (125)
Income from continuing operations before income taxes 206 227 635 570
Income tax expense (31) (49) (128) (86)
Income from continuing operations 175 178 507 484
Loss from discontinued operations, net of income taxes (2) (32) 3 (50)
Net income 173 146 510 434
Less: noncontrolling interest in subsidiaries net loss (1) 0 (2) (3)
Net income attributable to Tyco ordinary shareholders $ 174 $ 146 $ 512 $ 437