Exhibit 99.2
TYCO ELECTRONICS LTD.
COMBINED BALANCE SHEETS
As of September 29, 2006 and September 30, 2005
|
| Fiscal |
| ||||
|
| 2006 |
| 2005 |
| ||
|
| (in millions) |
| ||||
Assets |
|
|
|
|
| ||
Current Assets: |
|
|
|
|
| ||
Cash and cash equivalents |
| $ | 469 |
| $ | 280 |
|
Accounts receivable, net of allowance for doubtful accounts of $59 and $69, respectively |
| 2,434 |
| 2,257 |
| ||
Inventories |
| 1,850 |
| 1,549 |
| ||
Prepaid expenses and other current assets |
| 447 |
| 386 |
| ||
Deferred income taxes |
| 368 |
| 388 |
| ||
Assets held for sale |
| 982 |
| 1,024 |
| ||
Total current assets |
| 6,550 |
| 5,884 |
| ||
Property, plant, and equipment, net |
| 3,076 |
| 2,913 |
| ||
Goodwill |
| 7,135 |
| 7,423 |
| ||
Intangible assets, net |
| 576 |
| 600 |
| ||
Deferred income taxes |
| 1,501 |
| 1,372 |
| ||
Other assets |
| 253 |
| 281 |
| ||
Total Assets |
| $ | 19,091 |
| $ | 18,473 |
|
Liabilities and Parent Company Equity |
|
|
|
|
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Current Liabilities: |
|
|
|
|
| ||
Current maturities of long-term debt, including amounts due to Tyco International Ltd. and affiliates of $285 and $575, respectively |
| $ | 291 |
| $ | 694 |
|
Accounts payable |
| 1,251 |
| 970 |
| ||
Accrued and other current liabilities |
| 1,307 |
| 1,183 |
| ||
Deferred revenue |
| 155 |
| 152 |
| ||
Liabilities held for sale |
| 145 |
| 166 |
| ||
Total current liabilities |
| 3,149 |
| 3,165 |
| ||
Long-term debt and obligations under capital lease, including amounts due to Tyco International Ltd. and affiliates of $3,225 and $3,666, respectively |
| 3,371 |
| 3,816 |
| ||
Long-term pension and postretirement liabilities |
| 491 |
| 605 |
| ||
Deferred income taxes |
| 380 |
| 321 |
| ||
Other liabilities |
| 524 |
| 698 |
| ||
Total Liabilities |
| 7,915 |
| 8,605 |
| ||
Commitments and contingencies |
|
|
|
|
| ||
Minority interest |
| 16 |
| 26 |
| ||
Parent Company Equity: |
|
|
|
|
| ||
Parent company investment |
| 10,490 |
| 9,511 |
| ||
Accumulated other comprehensive income |
| 670 |
| 331 |
| ||
Total Parent Company Equity |
| 11,160 |
| 9,842 |
| ||
Total Liabilities and Parent Company Equity |
| $ | 19,091 |
| $ | 18,473 |
|