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Restructuring and Asset Impairment Charges, Net (Tables)

3 Months Ended

Dec. 30, 2011

Restructuring and Asset Impairment Charges, net

	For the Quarter Ended December 30, 2011		For the Quarter Ended December 24, 2010

2012 actions	$	32	$	—
2011 program		4		33
2009 and prior programs		1		(1	)

Total restructuring and asset impairment charges, net	$	37	$	32

Charges reflected in restructuring, asset impairments and divestiture charges (gains), net	$	37	$	32

Disclosure of the restructuring reserve by Balance Sheet classification

	December 30, 2011		September 30, 2011

Accrued and other current liabilities	$	89	$	99
Other liabilities		29		33

Total	$	118	$	132

2012 Actions

Restructuring and Related Cost

Restructuring and Asset Impairment Charges, net

	For the Quarter Ended December 30, 2011

	Employee Severance and Benefits⁽¹⁾		Facility Exit and Other Charges⁽²⁾		Total
Tyco Security Solutions	$	2	$	22	$	24
Tyco Fire Protection		1		2		3
Tyco Flow Control		1		—		1
Corporate and Other		3		1		4

Total	$	7	$	25	$	32

⁽¹⁾: Includes $1 million of charges related to the 2012 Separation recorded by Corporate and Other.
⁽²⁾: Includes $21 million and $2 million of asset impairment charges recorded by Tyco Security Solutions and Tyco Fire Protection, respectively, and $1 million of other restructuring charges recorded by Corporate and Other related to the 2012 Separation.

Restructuring reserves rollforward


Balance as of September 30, 2011	$	—
Charges		8
Utilization		(2	)

Balance as of December 30, 2011	$	6

2011 Program

Restructuring and Related Cost

Restructuring and Asset Impairment Charges, net

	For the Quarter Ended December 30, 2011

	Employee Severance and Benefits			Facility Exit and Other Charges		Total
Tyco Security Solutions	$	3		$	1	$	4
Tyco Flow Control		(1	)		—		(1	)
Corporate and Other		—			1		1

Total	$	2		$	2	$	4

	For the Quarter Ended December 24, 2010

	Employee Severance and Benefits		Facility Exit and Other Charges		Charges Reflected in SG&A			Total
Tyco Security Solutions	$	1	$	2	$	1		$	4
Tyco Fire Protection		25		—		—			25
Tyco Flow Control		—		—		(1	)		(1	)
Corporate and Other		5		—		—			5

Total	$	31	$	2	$	—		$	33

Restructuring and asset impairment charges, net, incurred cumulative to date from initiation of the 2011 Program are as follows ($ in millions):

	Employee Severance and Benefits		Facility Exit and Other Charges		Charges Reflected in Cost of Sales		Charges Reflected in SG&A			Total

Tyco Security Solutions	$	23	$	7	$	—	$	—		$	30
Tyco Fire Protection		31		2		2		—			35
Tyco Flow Control		9		3		—		(1	)		11
Corporate and Other		6		7		—		—			13

Total	$	69	$	19	$	2	$	(1	)	$	89

Restructuring reserves rollforward


Balance as of September 30, 2011	$	53
Charges		6
Reversals		(2	)
Utilization		(14	)
Reclass/transfers		1

Balance as of December 30, 2011	$	44

- Definition

Tabular disclosure of restructuring and related costs by type of restructuring including the description of the restructuring costs, such as the expected cost; the costs incurred during the period; the cumulative costs incurred as of the balance sheet date; the income statement caption within which the restructuring charges recognized for the period are included; and changes to an entity's restructuring reserve that occurred during the period associated with the exit from or disposal of business activities or restructurings for each major type of cost.

+ References+ Details

- Definition

Tabular disclosure of an entity's restructuring reserve that occurred during the period associated with the exit from or disposal of business activities or restructurings for each major type of cost. This element may also include a description of any reversal and other adjustment made during the period to the amount of an accrued liability for restructuring activities. This element may be used to encapsulate the roll forward presentations of an entity's restructuring reserve by type of cost and in total, and explanation of changes that occurred in the period.

+ References+ Details