2. 2012 Separation Transaction

On September 28, 2012, the Company completed the spin-offs of ADT and Tyco Flow Control, formerly the North American residential security and flow control businesses of Tyco, respectively, into separate, publicly traded companies in the form of a distribution to Tyco shareholders.

In connection with activities taken to complete the 2012 Separation and to create the revised organizational structure of the Company, the Company incurred pre-tax charges ("Separation Charges") of $18 million and $67 million during the quarters ended March 29, 2013 and March 30, 2012, respectively, and $32 million and $124 million for the six months ended March 29, 2013 and March 30, 2012, respectively. The amounts presented within discontinued operations are costs directly related to the 2012 Separation that are not expected to provide a future benefit to the Company. The components of the Separation Charges incurred within continuing operations and discontinued operations consisted of the following ($ in millions):

	For the Quarter Ended March 29, 2013						For the Quarter Ended March 30, 2012

	Continuing Operations		Discontinued Operations		Total		Continuing Operations		Discontinued Operations		Total
Professional fees	$	—	$	1	$	1	$	—	$	47	$	47
Information technology related costs		2		—		2		—		5		5
Employee compensation costs		—		1		1		4		2		6
Marketing costs		13		—		13		—		2		2
Other costs		1		—		1		—		7		7

Total pre-tax separation charges		16		2		18		4		63		67
Tax-related separation charges		—		—		—		1		—		1
Tax expense on pre-tax separation charges		3		—		3		—		—		—

Total separation charges, net of tax benefit	$	19	$	2	$	21	$	5	$	63	$	68

	For the Six Months Ended March 29, 2013									For the Six Months Ended March 30, 2012

	Continuing Operations			Discontinued Operations			Total			Continuing Operations			Discontinued Operations		Total
Professional fees	$	—		$	4		$	4		$	—		$	77	$	77
Non-cash impairment charges		—			—			—			23			—		23
Information technology related costs		4			2			6			—			6		6
Employee compensation costs		—			2			2			7			2		9
Marketing costs		27			—			27			—			2		2
Other costs		3			(10	)		(7	)		—			7		7

Total pre-tax separation charges		34			(2	)		32			30			94		124
Tax-related separation charges		4			—			4			1			—		1
Tax benefit on pre-tax separation charges		(2	)		—			(2	)		(1	)		—		(1	)

Total separation charges (gain), net of tax benefit	$	36		$	(2	)	$	34		$	30		$	94	$	124

Separation Charges were classified in continuing operations within the Company's Consolidated Statement of Operations as follows ($ in millions):

	For the Quarters Ended				For the Six Months Ended

	March 29, 2013		March 30, 2012		March 29, 2013		March 30, 2012
Selling, general and administrative expenses ("SG&A")	$	16	$	—	$	29	$	—
Separation costs		—		4		5		4
Restructuring and asset impairments charges, net		—		—		—		26

Total	$	16	$	4	$	34	$	30