| Period End | Type | Status | Affected | % Workforce | Announced | Expected Completion | Geography | Segment / Function | Charge | Source | Note |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026-06-30 | restructuring | in_progress | 2024-10-01 | 2027-09-30 | Global | All segments and Corporate functions | USD 400 (millions) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Multi-year plan announced Q4 fiscal 2024 to address stranded costs and right-size global operations after portfolio simplification; expected annual savings of approximately $500 million upon completion. No employee counts disclosed. Nine months ended June 30, 2026 restructuring and related costs of $118 million; reserve balance of $43 million at June 30, 2026. | ||
| 2026-06-30 | divestiture_reduction | completed | 2025-10-31 | 2025-10-31 | Mexico | ADT Mexico Security business | USD 70 (millions) | other f5-10q / GLM-5.3-flash-fp4-HTML | Sale of ADT Mexico Security business completed October 31, 2025 for net proceeds of $207 million; pre-tax gain of $70 million recognized in SG&A. Headcount not disclosed. | ||
| 2026-06-30 | divestiture_reduction | completed | 2026-04-01 | 2026-04-01 | Spain | ADT Spain Security business | USD 50 (millions) | other f5-10q / GLM-5.3-flash-fp4-HTML | Sale of ADT Spain Security business completed April 1, 2026 for net proceeds of $98 million; $50 million non-cash impairment recorded in Q1 fiscal 2026. Headcount not disclosed. | ||
| 2026-06-30 | divestiture_reduction | announced | 2026-04-01 | 2027-09-30 | United Kingdom | ADT United Kingdom Residential Security business | other f5-10q / GLM-5.3-flash-fp4-HTML | Definitive agreement signed in Q3 fiscal 2026 to sell ADT UK Residential Security business; classified as held for sale ($229 million assets, $39 million liabilities); expected to close in fiscal 2027. Headcount not disclosed. | |||
| 2026-06-30 | divestiture_reduction | completed | 2025-07-01 | 2025-07-31 | Global | Residential & Light Commercial HVAC business | other f5-10q / GLM-5.3-flash-fp4-HTML | Sale of R&LC HVAC business to Bosch Group completed July 2025; reported as discontinued operations. Approximately $155 million paid in Q3 fiscal 2026 for final purchase price adjustments. Headcount not disclosed. | |||
| 2026-06-30 | acquisition_addition | completed | 2026-04-01 | 2026-06-30 | Americas | Alloy Enterprises and Nantum AI | USD 291 (millions) | business_combinations_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Acquisitions of Alloy Enterprises (direct liquid cooling components) and Nantum AI (OpenBlue digital ecosystem) closed in Q3 fiscal 2026 for aggregate consideration of approximately $291 million net of cash; goodwill of $193 million and $127 million of definite-lived intangibles. Headcount not disclosed. | ||
| 2026-06-30 | restructuring | in_progress | Global | All segments and Corporate | USD 400 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Multi-year plan committed in Q4 fiscal 2024 (exact announcement date not disclosed); ~$400M total one-time costs, ~$500M expected annual savings; $118M restructuring and related costs recorded YTD FY2026; no employee counts disclosed; plan expected to complete in fiscal 2027. | ||||
| 2026-06-30 | acquisition_addition | completed | United States | Americas | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Closed in Q3 FY2026: Alloy Enterprises (direct liquid cooling components) and Nantum AI (OpenBlue digital); aggregate consideration net of cash acquired ~$291M; headcount added not disclosed. | |||||
| 2026-06-30 | divestiture_reduction | completed | 2026-04-01 | Spain | ADT Spain Security business (EMEA) | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Sale completed 2026-04-01 for net proceeds of $98M with no gain or loss; $50M non-cash impairment recorded in Q1 FY2026; headcount removed not disclosed. | ||||
| 2026-06-30 | divestiture_reduction | announced | United Kingdom | ADT United Kingdom Residential Security business (EMEA) | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Definitive sale agreement signed during Q3 FY2026; classified as held for sale ($229M assets, $39M liabilities); expected to close in fiscal 2027; not a discontinued operation; headcount removed not disclosed. | |||||
| 2026-06-30 | restructuring | in_progress | 2024-12-31 | 2027-09-30 | Global | All segments and Corporate | USD 45 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Multi-year plan announced in Q4 FY2024 to address stranded costs and right-size global operations. Total expected one-time costs approx $400M. Q3 FY2026 charges were $45M. | ||
| 2026-06-30 | divestiture_reduction | completed | 2026-04-01 | Spain | EMEA | USD 50 (millions) | business_combinations_footnote f5-10q / Qwen3.6-27B-Q8_0 | Sale of ADT Spain Security business completed April 1, 2026. $50M non-cash impairment recorded in Q1 FY2026. | |||
| 2026-06-30 | divestiture_reduction | completed | 2025-10-31 | Mexico | Americas | business_combinations_footnote f5-10q / Qwen3.6-27B-Q8_0 | Sale of ADT Mexico Security business completed October 31, 2025. $70M pre-tax gain recognized in Q1 FY2026. | ||||
| 2026-06-30 | acquisition_addition | completed | 2026-06-30 | Americas | Americas | USD 291 (millions) | business_combinations_footnote f5-10q / Qwen3.6-27B-Q8_0 | Acquisitions of Alloy Enterprises and Nantum AI closed in Q3 FY2026. Total consideration $291M. | |||
| 2026-06-30 | restructuring | in_progress | USD 80,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | |||||||
| 2026-03-31 | restructuring | in_progress | 2024-10-01 | 2027-09-30 | Global | All segments and Corporate | USD 73 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Multi-year plan announced in Q4 FY2024 to address stranded costs and right-size global operations. Total expected one-time costs approx $400M. YTD charges of $73M include severance, contract termination, and asset impairments. Employee count affected not disclosed in this filing. | ||
| 2026-03-31 | divestiture_reduction | completed | 2025-10-31 | Mexico | EMEA Security | divestitures_footnote f5-10q / Qwen3.6-27B-Q8_0 | Sale of ADT Mexico Security business completed Oct 31, 2025. Headcount removed not disclosed. | ||||
| 2026-03-31 | divestiture_reduction | completed | 2025-07-31 | Global | Residential & Light Commercial HVAC | divestitures_footnote f5-10q / Qwen3.6-27B-Q8_0 | Sale of R&LC HVAC business completed July 2025. Classified as discontinued operations. Headcount removed not disclosed. | ||||
| 2026-03-31 | restructuring | in_progress | USD 57,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | |||||||
| 2025-12-31 | restructuring | in_progress | 2024-10-01 | 2027-09-30 | Global | All segments and Corporate functions | USD 37 (millions) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Multi-year plan announced Q4 fiscal 2024 to address stranded costs and right-size global operations after portfolio simplification; total one-time costs expected around $400 million with roughly $500 million in annual savings at completion. Quarter charges by segment: Americas $9M, EMEA $11M, APAC $3M, Corporate $14M; inception-to-date costs $201 million. Employee counts affected not disclosed. | ||
| 2025-12-31 | restructuring | in_progress | 2024-10-31 | 2027-09-30 | Global | All segments and Corporate | USD 400 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Multi-year plan to address stranded costs and right-size global operations post-portfolio simplification; expected annual cost savings of ~$500M upon completion. Q1 FY2026 charges were $37M (Americas $9M, EMEA $11M, APAC $3M, Corporate $14M). No employee headcount affected is disclosed. | ||
| 2025-12-31 | divestiture_reduction | completed | 2025-10-31 | Mexico | EMEA — ADT Mexico Security business | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Sale of ADT Mexico Security business completed October 31, 2025 for net proceeds of $207M; pre-tax gain of $70M recognized. No headcount associated with the divestiture is disclosed. | ||||
| 2025-12-31 | divestiture_reduction | in_progress | 2026-06-30 | EMEA | EMEA Security business (component) | USD 50 (millions) | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Definitive agreement signed in Q1 FY2026 to sell a component of EMEA Security; classified as held for sale with $50M non-cash impairment. Expected close in Q2 FY2026. No headcount disclosed. | |||
| 2025-12-31 | restructuring | in_progress | 2024-10-01 | 2027-09-30 | Global | All segments and Corporate | USD 37 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Multi-year plan announced in Q4 FY2024 to address stranded costs. Total expected one-time costs approx $400M. Q1 FY2026 charges include $25M severance, $10M asset impairments, $2M other. Employee count affected not disclosed in this period. | ||
| 2025-12-31 | divestiture_reduction | completed | 2025-10-31 | Mexico | Security | divestitures_footnote f5-10q / Qwen3.6-27B-Q8_0 | Sale of ADT Mexico Security business completed Oct 31, 2025. Headcount removed not explicitly disclosed. | ||||
| 2025-12-31 | divestiture_reduction | completed | 2025-07-31 | Global | Residential & Light Commercial HVAC | divestitures_footnote f5-10q / Qwen3.6-27B-Q8_0 | Sale of R&LC HVAC business completed July 2025. Classified as discontinued operations. Headcount removed not explicitly disclosed. | ||||
| 2025-12-31 | restructuring | in_progress | USD 87,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | |||||||
| 2025-09-30 | divestiture_reduction | completed | 2024-07 | 2025-07-31 | North America and global (Hitachi residential joint venture) | Residential and Light Commercial HVAC (previously Global Products segment) | discontinued_operations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Sale to Robert Bosch GmbH closed 2025-07-31 for ~$5.6B net cash proceeds; headcount removed not quantified. Item 1 states workforce declined from 2024 primarily due to divestitures including this business. | |||
| 2025-09-30 | restructuring | in_progress | 2027-09-30 | Americas | Americas segment | USD 51 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | FY2025 charge within multi-year plan committed in Q4 fiscal 2024 (~$400M total across FY2025-FY2027; ~$500M expected annual savings). Employee counts not disclosed; announcement quarter only (no exact date). | |||
| 2025-09-30 | restructuring | in_progress | 2027-09-30 | EMEA | EMEA segment | USD 49 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | FY2025 charge within multi-year plan committed in Q4 fiscal 2024 (~$400M total across FY2025-FY2027; ~$500M expected annual savings). Employee counts not disclosed. | |||
| 2025-09-30 | restructuring | in_progress | 2027-09-30 | APAC | APAC segment | USD 17 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | FY2025 charge within multi-year plan committed in Q4 fiscal 2024 (~$400M total across FY2025-FY2027; ~$500M expected annual savings). Employee counts not disclosed. | |||
| 2025-09-30 | restructuring | in_progress | 2027-09-30 | Global | Corporate | USD 47 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | FY2025 charge within multi-year plan committed in Q4 fiscal 2024 (~$400M total across FY2025-FY2027; ~$500M expected annual savings). Employee counts not disclosed. | |||
| 2025-09-30 | divestiture_reduction | completed | 2025-10-31 | Mexico | EMEA segment — ADT Mexico residential security business | subsequent_events f5-10k / MiMo-V2.6-Flash-fp8-HTML | Definitive agreement signed in Q3 fiscal 2025 (exact date not disclosed); transaction closed 2025-10-31, after fiscal year-end and before filing. Headcount not disclosed; gain on sale not material. | ||||
| 2025-09-30 | restructuring | in_progress | 2024-10-01 | 2027-09-30 | Global | All segments and Corporate functions | USD 400 (millions) | MD&A f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML | Multi-year restructuring plan committed in Q4 FY2024 to address stranded costs from portfolio simplification. Expected one-time costs of approximately $400 million over FY2025, FY2026, and FY2027. | ||
| 2025-09-30 | divestiture_reduction | completed | 2024-07-01 | 2025-07-31 | Global | Residential and Light Commercial HVAC | Item_1_Business f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML | Divestiture of R&LC HVAC business to Bosch completed July 31, 2025. Workforce declined from 2024 primarily due to this divestiture. | |||
| 2025-09-30 | restructuring | in_progress | 2024-10-01 | 2027-09-30 | Global | All segments and Corporate functions | USD 400 (millions) | MD&A f5-10k / Qwen3.6-27B-Q8_0 | Multi-year plan committed in Q4 FY2024 to address stranded costs from portfolio simplification. Expected one-time costs of approx $400M over FY2025-2027. Employee count not explicitly disclosed for the program total. | ||
| 2025-09-30 | divestiture_reduction | completed | 2025-07-31 | 2025-07-31 | Global | Residential and Light Commercial HVAC | Item_1_Business f5-10k / Qwen3.6-27B-Q8_0 | Divestiture of R&LC HVAC business to Bosch completed July 31, 2025. Workforce declined primarily due to this divestiture, but specific headcount removed is not disclosed. | |||
| 2025-09-30 | restructuring | in_progress | USD 546,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | |||||||
| 2025-06-30 | restructuring | in_progress | 2024-10-01 | 2027-09-30 | Global | All segments and Corporate functions | USD 400 (millions) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Multi-year plan announced in Q4 fiscal 2024 to address stranded costs and right-size operations following portfolio simplification; expected one-time costs of approximately $400 million across fiscal 2025-2027 with targeted annual savings of about $500 million. Employee counts affected not disclosed. Nine-month fiscal 2025 restructuring and related costs of $122 million, including $74 million employee severance and termination benefits; severance reserve of $30 million at June 30, 2025. | ||
| 2025-06-30 | divestiture_reduction | completed | 2024-07-01 | 2025-07-31 | Global | Residential and Light Commercial HVAC business | other f5-10q / GLM-5.3-flash-fp4-HTML | Sale of R&LC HVAC business (including North America Ducted and global Residential JV with Hitachi) to Bosch closed July 31, 2025 for net cash proceeds of approximately $5.0 billion after tax and transaction expenses. Headcount transferred not disclosed. | |||
| 2025-06-30 | divestiture_reduction | announced | 2025-04-01 | 2025-12-31 | Mexico | ADT Mexico residential security business (EMEA segment) | other f5-10q / GLM-5.3-flash-fp4-HTML | Definitive agreement signed during Q3 fiscal 2025 to sell ADT Mexico residential security business; $122 million of assets and $23 million of liabilities reclassified to held for sale. Expected to close in Q1 fiscal 2026. Headcount affected not disclosed. | |||
| 2025-06-30 | restructuring | in_progress | 2027-09-30 | Global | All segments and Corporate functions | USD 400 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Multi-year plan committed during Q4 fiscal 2024 to address stranded costs after portfolio simplification; approximately $400 million of one-time costs over fiscal 2025-2027, with expected annual savings of about $500 million on completion. No employee counts disclosed. Charges of $49 million (Q3) and $122 million (YTD fiscal 2025) recorded to date. | |||
| 2025-06-30 | divestiture_reduction | completed | 2025-07-31 | Global (North America and global residential joint venture with Hitachi) | Residential and Light Commercial HVAC business (formerly Global Products segment) | subsequent_events f5-10q / MiMo-V2.6-Flash-fp8-HTML | Definitive agreement entered in July 2024 to sell the R&LC HVAC business (North America Ducted businesses and 60%-owned Hitachi residential JV) to Bosch Group for approximately $8.1 billion cash; transaction closed July 31, 2025 with net cash proceeds of approximately $5.0 billion after tax and transaction expenses. Headcount removed not disclosed. | ||||
| 2025-06-30 | divestiture_reduction | announced | 2025-12-31 | Mexico | EMEA segment — ADT Mexico residential security business | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Definitive agreement signed during Q3 fiscal 2025 (exact date not disclosed); expected to close in Q1 fiscal 2026. Does not qualify as a discontinued operation. $122 million of assets and $23 million of liabilities reclassified to held for sale at June 30, 2025. Headcount not disclosed. | ||||
| 2025-06-30 | restructuring | in_progress | 2024-10-01 | 2027-09-30 | Global | All segments and Corporate functions | USD 400 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Multi-year plan committed in Q4 FY2024 to address stranded costs and right-size operations. Expected one-time costs of ~$400M over FY2025-2027. YTD charges of $122M recorded. | ||
| 2025-06-30 | divestiture_reduction | completed | 2024-07-01 | 2025-07-31 | Global | Residential and Light Commercial HVAC | subsequent_events f5-10q / Qwen3.6-27B-Q8_0 | Sale of R&LC HVAC business to Bosch closed July 31, 2025. Headcount removed not explicitly quantified in this filing. | |||
| 2025-03-31 | restructuring | in_progress | 2024-10-01 | 2027-09-30 | Global | All segments and Corporate functions | USD 400 (millions) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Multi-year plan committed in Q4 fiscal 2024 to address stranded costs and right-size operations after portfolio simplification; one-time costs of approximately $400 million expected across fiscal 2025-2027, targeting roughly $500 million in annual savings. No employee counts disclosed. Restructuring and related costs of $40 million (three months) and $73 million (six months) ended March 31, 2025. | ||
| 2025-03-31 | divestiture_reduction | in_progress | 2024-07-01 | 2025-09-30 | Global | Residential and Light Commercial HVAC (formerly Global Products segment) | USD 8,100 (millions) | other f5-10q / GLM-5.3-flash-fp4-HTML | Definitive agreement to sell R&LC HVAC business, including North America Ducted and the global Residential joint venture with Hitachi, to Bosch Group for approximately $8.1 billion; Company's portion approximately $6.7 billion. Expected to close in the second half of fiscal 2025. No employee counts disclosed. | ||
| 2025-03-31 | restructuring | in_progress | 2024-08-31 | 2027-09-30 | Global | All segments and Corporate functions | USD 400 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Multi-year plan committed in Q4 FY2024 to address stranded costs and right-size operations after portfolio simplification; no employee count disclosed. FY2025 YTD restructuring and related costs of $73M recorded. | ||
| 2025-03-31 | divestiture_reduction | in_progress | 2024-07-31 | 2025-09-30 | Global | Residential and Light Commercial HVAC (Global Products segment) | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Sale of R&LC HVAC business (North America Ducted and Hitachi residential JV) to Bosch for ~$8.1B; no headcount associated with the divestiture disclosed in this filing. | |||
| 2025-03-31 | restructuring | in_progress | 2024-10-01 | 2027-09-30 | Global | All segments and Corporate functions | USD 400 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Multi-year plan announced in Q4 FY2024 to address stranded costs and right-size operations. Total expected one-time costs approx $400M over FY2025-2027. Employee count affected not disclosed. | ||
| 2024-12-31 | restructuring | in_progress | 2024-09-30 | 2027-09-30 | Global | All segments and Corporate functions | USD 400 (millions) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Multi-year plan committed in Q4 fiscal 2024 to address stranded costs and right-size operations following portfolio simplification; approximately $400 million of one-time costs expected across fiscal 2025-2027, with targeted annual savings of about $500 million at full completion. Q1 fiscal 2025 charges totaled $33 million (severance $25 million, long-lived asset impairments $8 million); no employee count disclosed. | ||
| 2024-12-31 | restructuring | in_progress | 2024-09-30 | 2027-09-30 | Global | All segments and Corporate functions | USD 400 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Multi-year plan committed in Q4 FY2024 to address stranded costs from portfolio simplification; ~$400M expected over FY2025-2027 with ~$500M annual savings at completion. No employee count disclosed. $33M charged in Q1 FY2025. | ||
| 2024-12-31 | divestiture_reduction | in_progress | 2024-07-01 | 2025-06-30 | Global | Global Products — Residential and Light Commercial HVAC | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Definitive agreement to sell R&LC HVAC business (North America Ducted and Hitachi JV) to Bosch for ~$8.1B; expected close Q4 FY2025. No headcount impact disclosed. | |||
| 2024-12-31 | divestiture_reduction | completed | 2024-09-30 | Global | Global Products — Air Distribution Technologies | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | Sale of Air Distribution Technologies business completed in Q4 FY2024; no headcount impact disclosed. | ||||
| 2024-12-31 | restructuring | in_progress | 2024-09-30 | 2027-09-30 | Global | All segments and Corporate functions | USD 400 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Multi-year plan committed in Q4 FY2024 to address stranded costs from portfolio simplification. Expected annual savings of $500M upon completion. Specific headcount not disclosed. | ||
| 2024-12-31 | restructuring | in_progress | 2024-09-30 | Global | All segments and Corporate functions | USD 33 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Charges incurred in Q1 FY2025 under the multi-year plan. Includes $25M employee severance and $8M asset impairments. | |||
| 2024-09-30 | restructuring | in_progress | 2027-09-30 | Global | All segments and Corporate functions | USD 400 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Committed during fourth quarter of fiscal 2024 to address stranded costs from portfolio simplification; approximately $400M of one-time costs over fiscal 2025-2027 with expected annual savings of approximately $500M; employees affected not disclosed; execution dependent on timing of R&LC HVAC divestiture close | |||
| 2024-09-30 | restructuring | completed | 2024-09-30 | Global | All segments and Corporate functions | USD 143 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Fiscal 2024 activity of the prior restructuring plan, completed in the fourth quarter of fiscal 2024; employees affected not disclosed | |||
| 2024-09-30 | divestiture_reduction | completed | Global | Global Products — Air Distribution Technologies business | other f5-10k / MiMo-V2.6-Flash-fp8-HTML | Divested July 2024 for $347M net of cash divested; pre-tax loss of $42M and $56M held-for-sale impairment recorded; headcount removed not disclosed | |||||
| 2024-09-30 | divestiture_reduction | announced | 2025-09-30 | Global | Residential and Light Commercial HVAC business (formerly Global Products segment) | discontinued_operations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Definitive agreement entered in July 2024 to sell R&LC HVAC business to Bosch for approximately $8.1 billion cash (JCI portion approximately $6.7 billion); expected to close in fourth quarter of fiscal 2025; headcount removed not disclosed | ||||
| 2024-09-30 | restructuring | announced | 2024-09-30 | 2027-09-30 | Global | All segments and Corporate functions | USD 400 (millions) | MD&A f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML | Multi-year plan to address stranded costs from portfolio simplification. Expected annual cost savings of $500 million upon completion. Employee count not disclosed. | ||
| 2024-09-30 | restructuring | announced | 2024-10-01 | 2027-09-30 | Global | All segments and Corporate functions | USD 400 (millions) | MD&A f5-10k / Qwen3.6-27B-Q8_0 | Multi-year plan committed in Q4 FY2024 to address stranded costs from portfolio simplification. Expected annual cost savings of $500 million upon completion. Specific employee count not disclosed. | ||
| 2024-09-30 | restructuring | in_progress | USD 510,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | |||||||
| 2024-06-30 | restructuring | in_progress | Building Solutions North America | USD 4 (millions) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Nine-month charge for restructuring plan including workforce reductions and SG&A scaling actions; no employee counts disclosed. Three-month charge for this segment was zero. | |||||
| 2024-06-30 | restructuring | in_progress | Building Solutions EMEA/LA | USD 22 (millions) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Nine-month charge; three-month charge was $9 million. No employee counts disclosed. | |||||
| 2024-06-30 | restructuring | in_progress | Building Solutions Asia Pacific | USD 7 (millions) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Nine-month charge; three-month charge was $4 million. No employee counts disclosed. | |||||
| 2024-06-30 | restructuring | in_progress | Global Products | USD 56 (millions) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Nine-month charge; three-month charge was $20 million. No employee counts disclosed. | |||||
| 2024-06-30 | restructuring | in_progress | Corporate | USD 14 (millions) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Nine-month charge; three-month charge was $7 million. No employee counts disclosed. | |||||
| 2024-06-30 | divestiture_reduction | announced | 2024-07-23 | 2025-09-30 | Global | Residential and Light Commercial HVAC (Global Products) | subsequent_events f5-10q / GLM-5.3-flash-fp4-HTML | Agreement to sell R&LC HVAC business, including North America Ducted and Johnson Controls-Hitachi JV, to Bosch for ~$8.1 billion total; Company portion ~$6.7 billion. Expected to close in Q4 fiscal 2025; business to be reported in discontinued operations from Q4 fiscal 2024. No headcount figures disclosed. | |||
| 2024-06-30 | divestiture_reduction | in_progress | 2024-09-30 | Air Distribution Technologies (Global Products) | USD 35 (millions) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Definitive agreement to sell ADTi business; classified as held for sale with $35 million impairment on the disposal group plus $21 million goodwill impairment in Q3 FY2024. Expected to close in Q4 fiscal 2024. No headcount figures disclosed. | ||||
| 2024-06-30 | restructuring | in_progress | 2023-06-30 | Global | Corporate / SG&A | USD 40 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Plan developed in Q3/Q4 FY2023 includes workforce reductions and SG&A scaling; $40M charged in Q3 FY2024, $103M YTD; no employee count disclosed; further charges expected. | |||
| 2024-06-30 | divestiture_reduction | in_progress | 2024-04-01 | 2024-09-30 | Global | Global Products — Air Distribution Technologies | USD 56 (millions) | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | ADTi classified held for sale in Q3 FY2024; $21M goodwill and $35M held-for-sale impairment recorded; no headcount disclosed; close expected Q4 FY2024. | ||
| 2024-06-30 | divestiture_reduction | announced | 2024-07-23 | 2025-09-30 | Global | Global Products — Residential and Light Commercial HVAC | subsequent_events f5-10q / MiMo-V2.6-Flash-fp8-HTML | Sale of R&LC HVAC business (incl. North America Ducted and JCI-Hitachi residential JV) to Bosch for ~$8.1B total consideration; JCI portion ~$6.7B; no headcount disclosed; results to move to discontinued operations in Q4 FY2024. | |||
| 2024-06-30 | restructuring | in_progress | 2023-10-01 | Global | Corporate and Global Operations | USD 40 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Plan developed in Q3/Q4 FY2023 focused on scaling SG&A. Q3 FY2024 charges of $40M recorded. Employee count not disclosed. | |||
| 2024-06-30 | restructuring | in_progress | 2023-10-01 | Global | Corporate and Global Operations | USD 103 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | YTD FY2024 charges of $103M recorded for the same SG&A scaling plan. Employee count not disclosed. | |||
| 2024-03-31 | restructuring | in_progress | Multiple segments | USD 24 (millions) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Additional charges under fiscal 2023 restructuring plan focused on scaling SG&A; workforce reductions and other actions; no employee counts disclosed. Six-month charge was $63 million. | |||||
| 2024-03-31 | restructuring | in_progress | 2023-06-30 | Global | Corporate / SG&A | USD 63 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Plan developed in Q3/Q4 FY2023 focused on workforce reductions and scaling SG&A. $63M charged YTD; $24M in Q2. No employee count disclosed. Additional charges expected in subsequent quarters. | |||
| 2024-03-31 | restructuring | in_progress | 2023-06-30 | Global | Building Solutions North America | USD 4 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | YTD FY2024 restructuring charge for this segment. No employee count disclosed. | |||
| 2024-03-31 | restructuring | in_progress | 2023-06-30 | EMEA / Latin America | Building Solutions EMEA/LA | USD 13 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | YTD FY2024 restructuring charge for this segment. No employee count disclosed. | |||
| 2024-03-31 | restructuring | in_progress | 2023-06-30 | Asia Pacific | Building Solutions Asia Pacific | USD 3 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | YTD FY2024 restructuring charge for this segment. No employee count disclosed. | |||
| 2024-03-31 | restructuring | in_progress | 2023-06-30 | Global | Global Products | USD 36 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | YTD FY2024 restructuring charge for this segment. No employee count disclosed. | |||
| 2024-03-31 | restructuring | in_progress | 2023-06-30 | Global | Corporate | USD 7 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | YTD FY2024 restructuring charge for Corporate. No employee count disclosed. | |||
| 2024-03-31 | restructuring | in_progress | 2023-10-01 | Global | Selling, general and administrative | USD 24 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Plan developed in Q3/Q4 FY2023 focused on scaling SG&A. $24M charged in Q2 FY2024. Employee count not disclosed. | |||
| 2024-03-31 | restructuring | in_progress | 2023-10-01 | Global | Selling, general and administrative | USD 63 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | YTD FY2024 charges for SG&A scaling plan. Employee count not disclosed. | |||
| 2023-12-31 | restructuring | in_progress | Building Solutions North America; Building Solutions EMEA/LA; Global Products; Corporate | USD 39 (millions) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Plan developed in fiscal 2023 Q3/Q4 focused on workforce reductions and scaling SG&A; $39M additional charges in the quarter ($29M employee severance, $9M long-lived asset impairments, $1M other). Segment split: North America $4M, EMEA/LA $13M, Global Products $21M, Corporate $1M. Additional charges expected in subsequent quarters. No employee counts disclosed. | |||||
| 2023-12-31 | restructuring | in_progress | Global | Multiple segments and corporate | USD 39 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Restructuring plan developed in Q3/Q4 FY2023 includes workforce reductions and SG&A scaling; $39M charged in Q1 FY2024 with additional charges expected in subsequent quarters. No employee count disclosed. Charges by segment: BS North America $4M, BS EMEA/LA $13M, Global Products $21M, Corporate $1M. | ||||
| 2023-12-31 | restructuring | in_progress | 2023-12-31 | Global | Corporate and Global Operations | USD 39 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Plan developed in Q3/Q4 FY2023 focused on scaling SG&A. Includes workforce reductions. Employee count not disclosed. | |||
| 2023-09-30 | restructuring | in_progress | 2023-06-30 | Global | Corporate and segments — SG&A scaling | USD 276 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Plan developed in Q3 FY2023, substantially finalized in Q4; actions committed and executed in Q4 primarily workforce reductions. $276M total restructuring and related costs includes $204M employee severance and termination benefits. Additional charges expected in subsequent quarters. Employees affected count not disclosed. | |||
| 2023-09-30 | acquisition_addition | completed | 2023-07-01 | 2023-07-31 | Global | Building Solutions North America | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Acquisition of FM:Systems completed July 2023 for $540M net of cash acquired; headcount added not disclosed | |||
| 2023-09-30 | divestiture_reduction | completed | 2023-08-01 | 2023-08-01 | Asia Pacific | Building Solutions Asia Pacific | discontinued_operations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | A business in the Building Solutions Asia Pacific segment, previously classified as held for sale, was sold on August 1, 2023; headcount removed not disclosed | |||
| 2023-09-30 | other | in_progress | 2023-09-23 | Global | Internal IT infrastructure and operations | USD 30 (millions) | MD&A f5-10k / MiMo-V2.6-Flash-fp8-HTML | Cybersecurity incident (ransomware) reduced fiscal 2023 net income by approximately $30M ($0.04 per diluted share) due to order processing/logistics disruptions and response expenses; not a headcount reduction action but a material workforce-operations disruption. Additional expenses expected in fiscal 2024. | |||
| 2023-09-30 | restructuring | in_progress | 2023-07-01 | Global | Various | USD 276 (millions) | restructuring_footnote f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML | Fiscal 2023 restructuring charges of $276 million primarily related to workforce reductions. Specific employee count not disclosed. | |||
| 2023-09-30 | restructuring | in_progress | 2023-07-01 | Global | Selling, general and administrative | USD 276 (millions) | MD&A f5-10k / Qwen3.6-27B-Q8_0 | Plan developed in Q3 2023, substantially finalized in Q4 2023. Charges include $276 million in severance and other charges. Employee count not explicitly disclosed in narrative. | |||
| 2023-09-30 | restructuring | in_progress | USD 1,064,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | |||||||
| 2023-06-30 | restructuring | in_progress | 2023-06-30 | Corporate / SG&A | USD 81 (millions) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | New restructuring plan begun in Q3 FY2023 focused on scaling SG&A to planned growth; early actions primarily workforce reductions. Charges of $67 million in severance and $14 million in other impairments/costs recorded in the quarter. Scope expected to be finalized in Q4 FY2023; anticipated savings not yet estimable. Nine-month restructuring and impairment costs totaled $844 million, including $114 million severance, $498 million held-for-sale impairments, and $184 million Silent-Aire goodwill impairment. | ||||
| 2023-06-30 | restructuring | in_progress | Global | Corporate / SG&A functions across all segments | USD 81 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Plan begun in Q3 FY2023 to scale SG&A to planned growth; early actions committed in Q3 with charges primarily for workforce reductions ($67M severance of the $81M Q3 charge; $162M total restructuring costs YTD, including $114M severance). No employee count disclosed; scope to be finalized in Q4 FY2023 with further charges expected. Restructuring reserve balance was $74M at 2023-06-30. | ||||
| 2023-06-30 | acquisition_addition | announced | 2023-07-13 | 2023-07-13 | Digital workplace management / IoT (FM:Systems) | subsequent_events f5-10q / MiMo-V2.6-Flash-fp8-HTML | Acquired FM:Systems on 2023-07-13 for $455M base price plus up to $155M earn-out; no headcount added disclosed. | ||||
| 2023-06-30 | divestiture_reduction | completed | 2023-08-01 | Asia Pacific | Building Solutions Asia Pacific | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Business within Building Solutions Asia Pacific sold 2023-08-01 (subsequent to quarter end); net assets not significant and no headcount disclosed. | ||||
| 2023-06-30 | restructuring | in_progress | 2023-04-01 | 2023-09-30 | Global | Corporate and Segment-level | USD 162 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Plan focused on scaling SG&A to planned growth; early actions committed in Q3 with charges primarily for workforce reductions. Scope expected to be finalized in Q4. YTD charges include $114M severance. | ||
| 2023-06-30 | acquisition_addition | completed | 2023-07-13 | 2023-07-13 | Global | Building Solutions | USD 455 (millions) | subsequent_events f5-10q / Qwen3.6-27B-Q8_0 | Acquired FM:Systems for $455M base price plus up to $155M earn-out. Headcount not disclosed. | ||
| 2023-03-31 | restructuring | in_progress | Building Solutions North America | USD 4 (millions) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Three months ended March 31, 2023 restructuring and impairment costs by segment; no employee counts disclosed | |||||
| 2023-03-31 | restructuring | in_progress | Building Solutions EMEA/LA | USD 0 (millions) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | No charges recorded in the three months ended March 31, 2023 | |||||
| 2023-03-31 | restructuring | in_progress | Building Solutions Asia Pacific | USD 1 (millions) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Three months ended March 31, 2023 | |||||
| 2023-03-31 | restructuring | in_progress | Global Products | USD 4 (millions) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Three months ended March 31, 2023 | |||||
| 2023-03-31 | restructuring | in_progress | Corporate | USD 15 (millions) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Three months ended March 31, 2023 | |||||
| 2023-03-31 | restructuring | in_progress | Building Solutions North America | USD 6 (millions) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Six months ended March 31, 2023 | |||||
| 2023-03-31 | restructuring | in_progress | Building Solutions EMEA/LA | USD 21 (millions) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Six months ended March 31, 2023 | |||||
| 2023-03-31 | restructuring | in_progress | Building Solutions Asia Pacific | USD 6 (millions) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Six months ended March 31, 2023 | |||||
| 2023-03-31 | restructuring | in_progress | Global Products | USD 27 (millions) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Six months ended March 31, 2023 | |||||
| 2023-03-31 | restructuring | in_progress | Corporate | USD 21 (millions) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Six months ended March 31, 2023 | |||||
| 2023-03-31 | restructuring | in_progress | Employee severance and termination benefits | USD 17 (millions) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Additional severance costs recorded in the three months ended March 31, 2023; $47 million of severance charges year-to-date per MD&A | |||||
| 2023-03-31 | divestiture_reduction | in_progress | 2023-09-30 | Global Retail business (Building Solutions North America, Asia Pacific, EMEA/LA) | USD 210 (millions) | other f5-10q / GLM-5.3-flash-fp4-HTML | Global Retail classified as held for sale; $210 million impairment in Q2 and $438 million year-to-date; divestiture expected to be finalized in fiscal 2023; no headcount disclosed | ||||
| 2023-03-31 | divestiture_reduction | in_progress | 2023-09-30 | Building Solutions Asia Pacific | USD 0 (millions) | other f5-10q / GLM-5.3-flash-fp4-HTML | Business in Asia Pacific segment held for sale; $60 million impairment year-to-date; expected to be finalized in fiscal 2023; no headcount disclosed | ||||
| 2023-03-31 | restructuring | in_progress | Global | Corporate and Segments | USD 24 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Q2 2023 restructuring costs of $24M recorded to reduce and optimize cost structure. Includes $17M severance. Employee count not disclosed. | ||||
| 2023-03-31 | restructuring | in_progress | Global | Corporate and Segments | USD 81 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | YTD 2023 restructuring costs of $81M recorded to reduce and optimize cost structure. Includes $47M severance. Employee count not disclosed. | ||||
| 2022-12-31 | restructuring | in_progress | Multiple segments and Corporate | USD 57 (millions) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Q1 FY2023 restructuring charges of $57M for cost-structure reduction actions across segments and Corporate; includes $30M employee severance, $6M long-lived asset impairments, and $21M other costs. No employee counts disclosed. | |||||
| 2022-12-31 | divestiture_reduction | in_progress | 2023-09-30 | Building Solutions North America, Asia Pacific, EMEA/LA | USD 288 (millions) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Global Retail business and an Asia Pacific business classified as held for sale; $228M and $60M impairment charges respectively recorded in Q1 FY2023. Divestitures expected to be finalized in fiscal 2023. No headcount disclosed. | ||||
| 2022-12-31 | restructuring | in_progress | Global | Multiple segments and Corporate | USD 57 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Q1 FY2023 restructuring charges of $57M across segments and Corporate; includes $30M employee severance and termination benefits, $6M long-lived asset impairments, $21M other. No employee headcount affected disclosed. Prior 2021 Plan substantially completed in FY2022. | ||||
| 2022-12-31 | divestiture_reduction | in_progress | 2023-09-30 | Global (North America, Asia Pacific, EMEA/LA) | Global Retail business within Building Solutions segments; one business within Building Solutions Asia Pacific | USD 288 (millions) | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Impairment charges of $228M for Global Retail and $60M for Asia Pacific business held for sale; no employee headcount disclosed. Both divestitures expected to finalize in fiscal 2023. | |||
| 2022-12-31 | restructuring | in_progress | Global | Various segments and Corporate | USD 57 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Charges relate to restructuring plans to reduce and optimize cost structure. Includes $30M employee severance and termination benefits, $6M long-lived asset impairments, and $21M other costs. Employee count not disclosed. | ||||
| 2022-12-31 | restructuring | in_progress | Global | Global Retail and Building Solutions Asia Pacific | USD 288 (millions) | MD&A f5-10q / Qwen3.6-27B-Q8_0 | Impairment costs related to businesses classified as held-for-sale. Includes $228M for Global Retail business and $60M for business in Building Solutions Asia Pacific. Employee count not disclosed. | ||||
| 2022-09-30 | restructuring | in_progress | 6,200 | 2020-10-01 | 2023-09-30 | Global | All segments and Corporate | USD 424 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Cumulative through fiscal year-end; $182M of the $424M total charge recorded in FY2022; approximately 4,000 employees separated as of 2022-09-30; program announced in fiscal 2021 | |
| 2022-09-30 | divestiture_reduction | in_progress | Global (North America, Asia Pacific, EMEA/LA) | Global Retail business within Building Solutions segments | USD 321 (millions) | discontinued_operations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Global Retail classified as held for sale in FY2022; $235M goodwill impairment plus $86M write-down to fair value less costs to sell; headcount not disclosed | ||||
| 2022-09-30 | divestiture_reduction | in_progress | Asia Pacific | Building Solutions Asia Pacific | USD 60 (millions) | discontinued_operations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Business within Building Solutions Asia Pacific classified as held for sale in FY2022; $60M write-down to fair value less costs to sell; headcount not disclosed | ||||
| 2022-09-30 | other | completed | Russia | All operations in Russia | MD&A f5-10k / MiMo-V2.6-Flash-fp8-HTML | Operations in Russia suspended during Q2 fiscal 2022 due to Russia/Ukraine conflict; headcount not disclosed; filer states no material impact on operating results | |||||
| 2022-09-30 | restructuring | in_progress | 2021-10-01 | 2023-09-30 | Global | All Segments and Corporate | USD 182 (millions) | MD&A f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML | 2021 Plan: Broad-based SG&A actions and cost of sales actions. $182 million recorded in fiscal 2022; total expected costs $424 million. Outstanding reserves $82 million. | ||
| 2022-09-30 | restructuring | in_progress | 6,200 | 2021-10-01 | 2023-09-30 | Global | All segments and Corporate | USD 182 (millions) | restructuring_footnote f5-10k / Qwen3.6-27B-Q8_0 | 2021 Plan: Workforce reductions of approximately 6,200 employees. $182 million in costs recorded in fiscal 2022. Total expected costs $424 million. Approximately 4,000 employees separated as of Sept 30, 2022. | |
| 2022-09-30 | restructuring | in_progress | 6,200 | USD 721,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | Expected positions to be eliminated | |||||
| 2022-06-30 | restructuring | in_progress | 5,500 | 2020-10-01 | 2023-09-30 | All segments and Corporate | USD 377 (millions) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Multi-year 2021 Plan includes workforce reductions of approximately 5,500 employees; approximately 3,300 employees had been separated as of June 30, 2022. Inception-to-date restructuring and impairment costs of $377 million; $135 million recorded in the nine months ended June 30, 2022. Company expects remaining costs to be incurred by end of fiscal 2022 due to acceleration of planned fiscal 2023 actions. | ||
| 2022-06-30 | restructuring | in_progress | 5,500 | 2021-01-01 | 2022-09-30 | Global | All segments and Corporate | USD 385 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | 2021 Plan: multi-year restructuring with workforce reductions of approximately 5,500 employees; approximately 3,300 separated as of June 30, 2022. Original $385M cost expected to be incurred by end of fiscal 2022 due to acceleration of fiscal 2023 actions. $135M recorded in nine months ended June 30, 2022; $90M reserve outstanding at quarter-end. | |
| 2022-06-30 | restructuring | in_progress | 5,500 | 2021-01-01 | 2022-09-30 | Global | All segments and Corporate | USD 135 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | 2021 Plan includes workforce reductions of approximately 5,500 employees. As of June 30, 2022, approximately 3,300 employees have been separated. $135 million recorded in nine months ended June 30, 2022. Expected completion accelerated to end of fiscal 2022. | |
| 2022-06-30 | restructuring | in_progress | USD 121,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | |||||||
| 2022-06-30 | restructuring | in_progress | 5,500 | 2021 Restructuring Plan [Member] | USD 59,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | Expected positions to be eliminated | ||||
| 2022-06-30 | restructuring | in_progress | 2021 Restructuring Plan [Member] / Building Solutions North America [Member] | USD 30,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2022-06-30 | restructuring | in_progress | 2021 Restructuring Plan [Member] / Building Solutions EMEA/LA [Member] | USD 32,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2022-06-30 | restructuring | in_progress | 2021 Restructuring Plan [Member] / Building Solutions Asia Pacific [Member] | USD 15,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2022-06-30 | restructuring | in_progress | 2021 Restructuring Plan [Member] / Global Products [Member] | USD 47,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2022-06-30 | restructuring | in_progress | 2021 Restructuring Plan [Member] / Corporate Segment [Member] | USD 11,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2022-06-30 | restructuring | in_progress | Employee Severance [Member] / 2021 Restructuring Plan [Member] | USD 89,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2022-06-30 | restructuring | in_progress | Fixed Asset Impairment [Member] / 2021 Restructuring Plan [Member] | USD 11,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2022-06-30 | restructuring | in_progress | Other Restructuring [Member] / 2021 Restructuring Plan [Member] | USD 35,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2022-03-31 | restructuring | in_progress | 4,500 | 2023-09-30 | All segments and Corporate | USD 385 (millions) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Multi-year 2021 Plan announced in fiscal 2021; total expected cost $385 million; program includes workforce reductions of approximately 4,500 employees and is expected to be substantially complete in fiscal 2023. | |||
| 2022-03-31 | restructuring | in_progress | 2,800 | 2023-09-30 | All segments and Corporate | USD 27 (millions) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Approximately 2,800 of the ~4,500 employees under the 2021 Plan had been separated as of March 31, 2022; $27 million of restructuring and impairment costs recorded in the three months ended March 31, 2022. | |||
| 2022-03-31 | divestiture_reduction | in_progress | Building Solutions North America, Asia Pacific, EMEA/LA (Global Retail business) | USD 321 (millions) | other f5-10q / GLM-5.3-flash-fp4-HTML | Global Retail business classified as held for sale in Q2 fiscal 2022; includes $235 million goodwill impairment (North America Retail reporting unit) and $86 million write-down of disposal group to fair value less costs to sell. No headcount figure disclosed. | |||||
| 2022-03-31 | other | completed | Russia | Building Solutions EMEA/LA | USD 11 (millions) | MD&A f5-10q / GLM-5.3-flash-fp4-HTML | Company suspended its operations in Russia in Q2 fiscal 2022 in response to the Russia/Ukraine conflict; $11 million EBITA impact in the quarter. Not expected to have a material impact on operating results. No headcount disclosed. | ||||
| 2022-03-31 | restructuring | in_progress | 4,500 | 2023-09-30 | Global | All segments and Corporate | USD 385 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | 2021 Plan announced in fiscal 2021; approximately 2,800 of 4,500 targeted employees separated as of 2022-03-31. $76M charged in six months ended 2022-03-31; $318M cumulative since inception. Expected substantially complete in fiscal 2023. | ||
| 2022-03-31 | divestiture_reduction | in_progress | United States, Asia Pacific, EMEA/LA | Global Retail business (Building Solutions North America, Asia Pacific, EMEA/LA) | USD 321 (millions) | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Global Retail business classified as held for sale in Q2 FY2022; $235M goodwill impairment plus $86M long-lived asset impairment. No employee headcount disclosed for this action. | ||||
| 2022-03-31 | restructuring | in_progress | 4,500 | 2021-01-01 | 2023-09-30 | Global | All segments and Corporate | USD 385 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | 2021 Plan committed in fiscal 2021. Total expected cost $385M. As of March 31, 2022, approx. 2,800 employees separated. Costs recorded in Q2 FY22: $27M (3 months), $76M (6 months). | |
| 2022-03-31 | restructuring | in_progress | USD 384,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | |||||||
| 2022-03-31 | restructuring | in_progress | 4,500 | 2021 Restructuring Plan [Member] | USD 27,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | Expected positions to be eliminated | ||||
| 2022-03-31 | restructuring | in_progress | 2021 Restructuring Plan [Member] / Building Solutions North America [Member] | USD 13,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2022-03-31 | restructuring | in_progress | 2021 Restructuring Plan [Member] / Building Solutions EMEA/LA [Member] | USD 10,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2022-03-31 | restructuring | in_progress | 2021 Restructuring Plan [Member] / Building Solutions Asia Pacific [Member] | USD 11,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2022-03-31 | restructuring | in_progress | 2021 Restructuring Plan [Member] / Global Products [Member] | USD 39,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2022-03-31 | restructuring | in_progress | 2021 Restructuring Plan [Member] / Corporate Segment [Member] | USD 3,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2022-03-31 | restructuring | in_progress | Employee Severance [Member] / 2021 Restructuring Plan [Member] | USD 37,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2022-03-31 | restructuring | in_progress | Fixed Asset Impairment [Member] / 2021 Restructuring Plan [Member] | USD 4,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2022-03-31 | restructuring | in_progress | Other Restructuring [Member] / 2021 Restructuring Plan [Member] | USD 35,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2021-12-31 | restructuring | in_progress | 4,000 | 2021-01-01 | 2023-09-30 | Global | All segments and Corporate | USD 385 (millions) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Multi-year 2021 Plan committed in fiscal 2021; total estimated pre-tax costs of $385 million across all segments and Corporate; expected substantially complete in fiscal 2023. Includes workforce reductions, plant closures, asset impairments and related costs. | |
| 2021-12-31 | restructuring | in_progress | 1,800 | 2021-01-01 | 2023-09-30 | Global | All segments and Corporate | USD 49 (millions) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Approximately 1,800 of the ~4,000 planned employee separations completed as of December 31, 2021. Quarterly charge of $49 million recorded in the three months ended December 31, 2021; cumulative $291 million recorded to date under the 2021 Plan. | |
| 2021-12-31 | restructuring | in_progress | 2021-01-01 | 2023-09-30 | Global | Global Products | USD 24 (millions) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Quarterly restructuring and impairment costs of $24 million attributable to the Global Products segment; cumulative $115 million under the 2021 Plan. | ||
| 2021-12-31 | restructuring | in_progress | 2021-01-01 | 2023-09-30 | North America | Building Solutions North America | USD 9 (millions) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Quarterly restructuring and impairment costs of $9 million attributable to Building Solutions North America; cumulative $79 million under the 2021 Plan. | ||
| 2021-12-31 | restructuring | in_progress | 2021-01-01 | 2023-09-30 | Asia Pacific | Building Solutions Asia Pacific | USD 8 (millions) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Quarterly restructuring and impairment costs of $8 million attributable to Building Solutions Asia Pacific; cumulative $36 million under the 2021 Plan. | ||
| 2021-12-31 | restructuring | in_progress | 2021-01-01 | 2023-09-30 | EMEA/Latin America | Building Solutions EMEA/LA | USD 5 (millions) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Quarterly restructuring and impairment costs of $5 million attributable to Building Solutions EMEA/LA; cumulative $34 million under the 2021 Plan. | ||
| 2021-12-31 | restructuring | in_progress | 2021-01-01 | 2023-09-30 | Global | Corporate | USD 3 (millions) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Quarterly restructuring and impairment costs of $3 million attributable to Corporate; cumulative $27 million under the 2021 Plan. | ||
| 2021-12-31 | restructuring | in_progress | 4,000 | 2023-09-30 | Global | All segments and Corporate | USD 49 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | 2021 Plan committed in fiscal 2021; approximately 4,000 workforce reductions planned, with approximately 1,800 employees separated as of 2021-12-31. $49M charge recorded in Q1 FY2022; total expected plan cost $385M with $291M recorded to date. Reserve of $93M at 2021-12-31, all expected to be paid in cash. Announcement date not specified in filing. | ||
| 2021-12-31 | restructuring | in_progress | 4,000 | 2021-10-01 | 2023-09-30 | Global | All segments and Corporate | USD 385 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Fiscal 2021 Plan announced in FY2021. Total expected cost $385M. $49M recorded in Q1 FY2022. ~1,800 employees separated as of Dec 31, 2021. Expected completion in FY2023. | |
| 2021-12-31 | restructuring | in_progress | USD 49,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | |||||||
| 2021-12-31 | restructuring | in_progress | 4,000 | 2021 Restructuring Plan [Member] | USD 49,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | Expected positions to be eliminated | ||||
| 2021-12-31 | restructuring | in_progress | 2021 Restructuring Plan [Member] / Global Products [Member] | USD 24,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2021-12-31 | restructuring | in_progress | 2021 Restructuring Plan [Member] / Building Solutions North America [Member] | USD 9,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2021-12-31 | restructuring | in_progress | 2021 Restructuring Plan [Member] / Building Solutions Asia Pacific [Member] | USD 8,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2021-12-31 | restructuring | in_progress | 2021 Restructuring Plan [Member] / Building Solutions EMEA/LA [Member] | USD 5,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2021-12-31 | restructuring | in_progress | 2021 Restructuring Plan [Member] / Corporate Segment [Member] | USD 3,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2021-12-31 | restructuring | in_progress | Employee Severance [Member] / 2021 Restructuring Plan [Member] | USD 28,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2021-12-31 | restructuring | in_progress | Fixed Asset Impairment [Member] / 2021 Restructuring Plan [Member] | USD 0 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2021-12-31 | restructuring | in_progress | Other Restructuring [Member] / 2021 Restructuring Plan [Member] | USD 21,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2021-09-30 | restructuring | in_progress | 2023-09-30 | Global | All segments and Corporate | USD 242 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | 2021 Plan: $242M recorded in FY2021; total expected $385M across all segments and Corporate; targeted annualized savings of $300M SG&A and $250M cost of sales by fiscal 2023; $65M reserve outstanding at year-end | |||
| 2021-09-30 | restructuring | in_progress | 2022-09-30 | Global | All segments and Corporate | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | 2020 Plan: $297M total charge (recorded in FY2020); substantially complete in FY2021 with $37M reserve remaining; final payments expected in fiscal 2022; estimated annual operating cost reduction of ~$430M | ||||
| 2021-09-30 | restructuring | in_progress | 10,000 | 2023-09-30 | Global | All segments and Corporate | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Combined fiscal 2021 and 2020 restructuring plans included workforce reductions of approximately 10,000 employees; approximately 7,800 separated as of September 30, 2021; cumulative through fiscal year-end across both plans | |||
| 2021-09-30 | acquisition_addition | completed | 2021-05-31 | Global | Global Products | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Acquisition of Silent-Aire completed May 2021 for ~$755M net of cash; headcount added not disclosed | ||||
| 2021-09-30 | divestiture_reduction | completed | 2021-09-30 | Asia Pacific | Building Solutions Asia Pacific | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Certain divestitures within Building Solutions Asia Pacific completed during fiscal 2021; combined selling price $27M; headcount removed not disclosed | ||||
| 2021-09-30 | restructuring | in_progress | 2021-01-01 | 2023-09-30 | Global | SG&A and Cost of Sales | USD 242 (millions) | MD&A - Restructuring and Cost Optimization Initiatives f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML | Fiscal 2021 restructuring plan focused on simplification, standardization, and centralization. Estimated one-time pre-tax costs of $385 million; $242 million recorded in fiscal 2021. Expected to deliver annualized savings of $300 million by fiscal 2023. | ||
| 2021-09-30 | restructuring | in_progress | 2020-10-01 | 2022-09-30 | Global | Continuing Operations | MD&A - Restructuring and Cost Optimization Initiatives f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML | Fiscal 2020 restructuring plan. $297 million recorded in fiscal 2020. Outstanding reserves of $37 million at September 30, 2021. Substantially completed with final payments expected in fiscal 2022. | |||
| 2021-09-30 | restructuring | in_progress | 10,000 | 2021-10-01 | 2023-09-30 | Global | All segments and Corporate | USD 385 (millions) | restructuring_footnote f5-10k / Qwen3.6-27B-Q8_0 | Fiscal 2021 restructuring plan. Approximately 10,000 employees affected across fiscal 2021 and 2020 plans. 7,800 separated as of Sept 30, 2021. Total expected cost $385 million. | |
| 2021-09-30 | restructuring | in_progress | 10,000 | USD 242,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | Expected positions to be eliminated | |||||
| 2021-09-30 | restructuring | in_progress | 2021 Restructuring Plan [Member] | USD 242,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2021-09-30 | restructuring | in_progress | 2021 Restructuring Plan [Member] / Global Products [Member] | USD 91,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2021-09-30 | restructuring | in_progress | 2021 Restructuring Plan [Member] / Building Solutions North America [Member] | USD 70,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2021-09-30 | restructuring | in_progress | 2021 Restructuring Plan [Member] / Building Solutions EMEA/LA [Member] | USD 29,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2021-09-30 | restructuring | in_progress | 2021 Restructuring Plan [Member] / Building Solutions Asia Pacific [Member] | USD 28,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2021-09-30 | restructuring | in_progress | 2021 Restructuring Plan [Member] / Corporate Segment [Member] | USD 24,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2021-09-30 | restructuring | in_progress | Employee Severance [Member] / 2021 Restructuring Plan [Member] | USD 68,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2021-09-30 | restructuring | in_progress | Fixed Asset Impairment [Member] / 2021 Restructuring Plan [Member] | USD 98,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2021-09-30 | restructuring | in_progress | Other Restructuring [Member] / 2021 Restructuring Plan [Member] | USD 76,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2021-09-30 | restructuring | in_progress | Building Solutions North America [Member] / Building Technologies & Solutions [Member] | USD 70,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2021-09-30 | restructuring | in_progress | Building Solutions EMEA/LA [Member] / Building Technologies & Solutions [Member] | USD 29,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2021-09-30 | restructuring | in_progress | Building Solutions Asia Pacific [Member] / Building Technologies & Solutions [Member] | USD 28,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2021-09-30 | restructuring | in_progress | Global Products [Member] / Building Technologies & Solutions [Member] | USD 91,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2021-09-30 | restructuring | in_progress | Corporate Segment [Member] | USD 24,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2021-06-30 | restructuring | in_progress | 2021-01-01 | All segments and Corporate | USD 79 (millions) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Fiscal 2021 plan targeting $300M annualized SG&A savings and $250M cost-of-sales run-rate savings by fiscal 2023; total expected cost $385M. Nine-month charges of $175M split by segment: Global Products $77M, Building Solutions North America $44M, Building Solutions EMEA/LA $20M, Corporate $19M, Building Solutions Asia Pacific $15M. Restructuring reserves of $58M outstanding at June 30, 2021, all expected to be paid in cash. | ||||
| 2021-06-30 | restructuring | in_progress | 2020-01-01 | 2021-09-30 | All segments and Corporate | USD 297 (millions) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Fiscal 2020 plan; total incurred to date $297M, expected to reduce annual operating costs by approximately $430M. Substantially complete in fiscal 2021. Reserves of $45M outstanding at June 30, 2021, all expected to be paid in cash. Combined with the 2021 Plan, the fiscal 2021 and 2020 restructuring plans included workforce reductions of approximately 8,400 employees, of whom approximately 6,700 had been separated as of June 30, 2021. | |||
| 2021-06-30 | restructuring | in_progress | 8,400 | Global | All segments and Corporate | USD 175 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Combined fiscal 2021 and 2020 restructuring plans; approximately 6,700 employees separated as of 2021-06-30. 2021 Plan total expected cost $385M ($175M recorded YTD); 2020 Plan total $297M, expected substantially complete in fiscal 2021. Filer does not break out employee counts by plan. | |||
| 2021-06-30 | acquisition_addition | completed | 2021-05-12 | Global | Global Products | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Acquisition of Silent-Aire completed 2021-05-12 for approximately $751M net of cash acquired; headcount added not disclosed. | ||||
| 2021-06-30 | restructuring | in_progress | 8,400 | 2021-01-01 | Global | All segments and Corporate | USD 385 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Fiscal 2021 plan includes workforce reductions of approx. 8,400 employees. As of June 30, 2021, approx. 6,700 employees separated. Total expected cost $385 million. | ||
| 2021-06-30 | restructuring | in_progress | 2020-01-01 | 2021-09-30 | Global | All segments and Corporate | USD 297 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Fiscal 2020 plan. Employee count not explicitly stated in this footnote, but part of the combined 8,400 reduction mentioned for 2021 and 2020 plans. Expected to be substantially complete in fiscal 2021. | ||
| 2021-06-30 | restructuring | in_progress | 8,400 | USD 79,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | Expected positions to be eliminated | |||||
| 2021-06-30 | restructuring | in_progress | 2021 Restructuring Plan [Member] | USD 79,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2021-06-30 | restructuring | in_progress | 2021 Restructuring Plan [Member] / Global Products [Member] | USD 77,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2021-06-30 | restructuring | in_progress | 2021 Restructuring Plan [Member] / Building Solutions North America [Member] | USD 44,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2021-06-30 | restructuring | in_progress | 2021 Restructuring Plan [Member] / Building Solutions EMEA/LA [Member] | USD 20,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2021-06-30 | restructuring | in_progress | 2021 Restructuring Plan [Member] / Corporate Segment [Member] | USD 19,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2021-06-30 | restructuring | in_progress | 2021 Restructuring Plan [Member] / Building Solutions Asia Pacific [Member] | USD 15,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2021-06-30 | restructuring | in_progress | Employee Severance [Member] / 2021 Restructuring Plan [Member] | USD 10,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2021-06-30 | restructuring | in_progress | Fixed Asset Impairment [Member] / 2021 Restructuring Plan [Member] | USD 40,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2021-06-30 | restructuring | in_progress | Other Restructuring [Member] / 2021 Restructuring Plan [Member] | USD 29,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2021-03-31 | restructuring | in_progress | All segments and Corporate | USD 96 (millions) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Fiscal 2021 restructuring plan; total expected cost $385 million. Q2 FY2021 charge of $96 million split by segment: Building Solutions North America $38M, Global Products $34M, Building Solutions EMEA/LA $10M, Building Solutions Asia Pacific $7M, Corporate $7M. Includes $54M long-lived asset impairments and $32M employee severance. Reserve balance at March 31, 2021: $37 million. | |||||
| 2021-03-31 | restructuring | in_progress | 2021-09-30 | All segments and Corporate | USD 297 (millions) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Fiscal 2020 restructuring plan; $297 million total incurred to date and total expected. Segment split: Global Products $136M, Building Solutions North America $64M, Building Solutions Asia Pacific $49M, Building Solutions EMEA/LA $43M, Corporate $5M. Expected to be substantially complete in fiscal 2021; reserve balance at March 31, 2021: $60 million. | ||||
| 2021-03-31 | reduction_in_force | in_progress | 8,100 | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Fiscal 2021 and 2020 restructuring plans combined included workforce reductions of approximately 8,100 employees; approximately 5,300 had been separated as of March 31, 2021. Severance paid over the severance period or as lump sums per individual agreements. | ||||||
| 2021-03-31 | restructuring | in_progress | 8,100 | Global | All segments and Corporate | USD 385 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Combined fiscal 2021 and 2020 restructuring plans; approximately 5,300 employees separated as of 2021-03-31. 2021 Plan charge of $96M recorded in Q2 FY2021 with total expected cost of $385M; 2020 Plan total charge of $297M expected substantially complete in fiscal 2021. Filer does not break out employee counts by plan. | |||
| 2021-03-31 | acquisition_addition | announced | 2021-04-01 | Global | Global Products | USD 870 (millions) | subsequent_events f5-10q / MiMo-V2.6-Flash-fp8-HTML | Definitive agreement to acquire Silent-Aire (hyperscale data center cooling); all-cash transaction valued up to $870M including $630M upfront and earnout payments. Expected to close Q3 FY2021. No headcount disclosed. | |||
| 2021-03-31 | restructuring | in_progress | 8,100 | 2020-10-01 | 2021-09-30 | Global | All segments and Corporate | USD 385 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Fiscal 2021 plan includes workforce reductions of approx. 8,100 employees. Total expected cost $385M. As of March 31, 2021, approx. 5,300 employees separated. $96M recorded in Q2 2021. | |
| 2021-03-31 | restructuring | in_progress | 2019-10-01 | 2021-09-30 | Global | All segments and Corporate | USD 297 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Fiscal 2020 plan. Total incurred $297M. Expected to be substantially complete in fiscal 2021. Employee count not explicitly disclosed for this specific plan in this filing. | ||
| 2021-03-31 | restructuring | in_progress | 8,100 | USD 96,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | Expected positions to be eliminated | |||||
| 2021-03-31 | restructuring | in_progress | 2021 Restructuring Plan [Member] | USD 96,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2021-03-31 | restructuring | in_progress | 2021 Restructuring Plan [Member] / Building Solutions North America [Member] | USD 38,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2021-03-31 | restructuring | in_progress | 2021 Restructuring Plan [Member] / Global Products [Member] | USD 34,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2021-03-31 | restructuring | in_progress | 2021 Restructuring Plan [Member] / Building Solutions EMEA/LA [Member] | USD 10,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2021-03-31 | restructuring | in_progress | 2021 Restructuring Plan [Member] / Building Solutions Asia Pacific [Member] | USD 7,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2021-03-31 | restructuring | in_progress | 2021 Restructuring Plan [Member] / Corporate Segment [Member] | USD 7,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2021-03-31 | restructuring | in_progress | Employee Severance [Member] / 2021 Restructuring Plan [Member] | USD 32,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2021-03-31 | restructuring | in_progress | Fixed Asset Impairment [Member] / 2021 Restructuring Plan [Member] | USD 54,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2021-03-31 | restructuring | in_progress | Other Restructuring [Member] / 2021 Restructuring Plan [Member] | USD 10,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2020-12-31 | restructuring | in_progress | 6,500 | 2021-09-30 | Global | Global Products ($136M); Building Solutions North America ($64M); Building Solutions Asia Pacific ($49M); Building Solutions EMEA/LA ($43M); Corporate ($5M) | USD 297 (millions) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Fiscal 2020 plan committed in prior year; total charges of $297 million recorded to date and expected to be the total for the plan. Includes workforce reductions, plant closures and asset impairments. Approximately 4,700 of the ~6,500 affected employees had been separated as of December 31, 2020. Restructuring reserve of $81 million at December 31, 2020, all expected to be paid in cash. Actions expected to be substantially complete in fiscal 2021. | ||
| 2020-12-31 | restructuring | in_progress | 6,500 | 2020 | 2021-09-30 | Global | Global Products; Building Solutions North America; Building Solutions Asia Pacific; Building Solutions EMEA/LA; Corporate | USD 297 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | 2020 Plan: workforce reductions of approximately 6,500 employees; approximately 4,700 separated as of 2020-12-31. Expected substantially complete in fiscal 2021. Reserve of $81M remaining at quarter-end. | |
| 2020-12-31 | divestiture_reduction | completed | Asia Pacific | Building Solutions Asia Pacific | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Certain divestitures completed in Q1 FY2021 with combined selling price of $15M; no headcount disclosed. | |||||
| 2020-12-31 | restructuring | in_progress | 6,500 | 2020-01-01 | 2021-09-30 | Global | Global Operations | USD 297 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Fiscal 2020 restructuring plan included workforce reductions of approximately 6,500 employees. As of Dec 31, 2020, approx 4,700 employees separated. Total charges $297M. Expected substantially complete in fiscal 2021. | |
| 2020-12-31 | restructuring | in_progress | 6,500 | USD 0 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | Expected positions to be eliminated | |||||
| 2020-09-30 | restructuring | in_progress | 2021-09-30 | Global | Global Products; Building Solutions North America; Building Solutions Asia Pacific; Building Solutions EMEA/LA; Corporate | USD 297 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | 2020 Plan: $297M total charge including $196M severance, $96M long-lived asset impairments, $5M other. Expected substantially complete in fiscal 2021. Reserve of $108M outstanding at year-end. Cumulative workforce reductions across 2020, 2018, and 2017 plans were approximately 16,400 employees, with approximately 12,700 separated as of September 30, 2020; specific 2020 Plan headcount not separately disclosed. | |||
| 2020-09-30 | plant_closure | in_progress | 2021-09-30 | Global | Multiple segments | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Restructuring plans across fiscal 2020, 2018, and 2017 included nine plant closures; eight of nine closed as of September 30, 2020. Cumulative across all three plans. | ||||
| 2020-09-30 | layoff | in_progress | Global | Corporate and operations | MD&A f5-10k / MiMo-V2.6-Flash-fp8-HTML | Company implemented temporary and permanent cost mitigation actions including short-term furloughing of salaried employees in response to COVID-19; no specific headcount disclosed | |||||
| 2020-09-30 | restructuring | in_progress | 2020-10-01 | 2021-09-30 | Global | Global | USD 297 (millions) | MD&A f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML | Fiscal 2020 restructuring plan recorded $297 million in costs; expected to reduce annual operating costs by $430 million. | ||
| 2020-09-30 | restructuring | completed | 2018-10-01 | 2021-09-30 | Global | Global | USD 255 (millions) | MD&A f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML | Fiscal 2018 restructuring plan recorded $255 million in costs; final payments expected in fiscal 2021. | ||
| 2020-09-30 | restructuring | completed | 2017-10-01 | 2021-09-30 | Global | Global | USD 347 (millions) | MD&A f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML | Fiscal 2017 restructuring plan recorded $347 million in costs; final payments expected in fiscal 2021. | ||
| 2020-09-30 | restructuring | in_progress | 16,400 | 2020-01-01 | 2021-09-30 | Global | Global | USD 297 (millions) | MD&A f5-10k / Qwen3.6-27B-Q8_0 | Fiscal 2020 restructuring plan. Workforce reductions of approximately 16,400 employees across 2020, 2018, and 2017 plans. As of Sept 30, 2020, approx 12,700 separated. Expected to reduce annual operating costs by $430 million. | |
| 2020-09-30 | restructuring | in_progress | 16,400 | USD 783,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | Expected positions to be eliminated | |||||
| 2020-09-30 | restructuring | in_progress | 2020 Restructuring Plan [Member] | USD 297,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2020-09-30 | restructuring | in_progress | 2020 Restructuring Plan [Member] / Global Products [Member] / Continuing Operations [Member] | USD 136,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2020-09-30 | restructuring | in_progress | 2020 Restructuring Plan [Member] / Building Solutions North America [Member] / Continuing Operations [Member] | USD 64,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2020-09-30 | restructuring | in_progress | 2020 Restructuring Plan [Member] / Building Solutions Asia Pacific [Member] / Continuing Operations [Member] | USD 49,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2020-09-30 | restructuring | in_progress | 2020 Restructuring Plan [Member] / Building Solutions EMEA/LA [Member] / Continuing Operations [Member] | USD 43,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2020-09-30 | restructuring | in_progress | 2020 Restructuring Plan [Member] / Corporate Segment [Member] / Continuing Operations [Member] | USD 5,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2020-09-30 | restructuring | in_progress | Employee Severance [Member] / 2020 Restructuring Plan [Member] | USD 196,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2020-09-30 | restructuring | in_progress | Fixed Asset Impairment [Member] / 2020 Restructuring Plan [Member] | USD 96,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2020-09-30 | restructuring | in_progress | Other Restructuring [Member] / 2020 Restructuring Plan [Member] | USD 5,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2020-09-30 | restructuring | in_progress | Building Solutions North America [Member] / Building Technologies & Solutions [Member] | USD 520,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2020-09-30 | restructuring | in_progress | Building Solutions EMEA/LA [Member] / Building Technologies & Solutions [Member] | USD 59,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2020-09-30 | restructuring | in_progress | Building Solutions Asia Pacific [Member] / Building Technologies & Solutions [Member] | USD 56,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2020-09-30 | restructuring | in_progress | Global Products [Member] / Building Technologies & Solutions [Member] | USD 143,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2020-09-30 | restructuring | in_progress | Corporate Segment [Member] | USD 5,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2020-06-30 | restructuring | in_progress | 2020-01-01 | 2021-09-30 | Global | Building Technologies & Solutions business and Corporate | USD 297 (millions) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Fiscal 2020 plan; $111M charged in Q1 and $186M in Q3. Costs by segment: Global Products $136M, Building Solutions North America $64M, Asia Pacific $49M, EMEA/LA $43M, Corporate $5M. Actions consist of workforce reductions, plant closures and asset impairments; expected to reduce annual operating costs by ~$430M. Reserve balance $139M at June 30, 2020 expected to be paid in cash. | ||
| 2020-06-30 | restructuring | in_progress | 2018-01-01 | 2020-09-30 | Global | Building Technologies & Solutions business and Corporate | USD 255 (millions) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Fiscal 2018 plan for continuing operations; expected to reduce annual operating costs by ~$300M. Reserve balance $69M at June 30, 2020 expected to be paid in cash. | ||
| 2020-06-30 | restructuring | in_progress | 2017-01-01 | 2020-09-30 | Global | Building Technologies & Solutions business and Corporate | USD 347 (millions) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Fiscal 2017 plan; expected to reduce annual operating costs by ~$260M, substantially realized in fiscal 2019. Reserve balance $21M at June 30, 2020 expected to be paid in cash. | ||
| 2020-06-30 | reduction_in_force | in_progress | 16,400 | Global | Building Technologies & Solutions business (14,100) and Corporate (2,300) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Combined workforce reductions of approximately 16,400 employees across the fiscal 2020, 2018 and 2017 restructuring plans; approximately 10,300 employees separated as of June 30, 2020. Count not attributable to a single plan. | ||||
| 2020-06-30 | plant_closure | in_progress | Global | Building Technologies & Solutions business | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Restructuring plans included nine plant closures; eight of the nine plants closed as of June 30, 2020. | |||||
| 2020-06-30 | layoff | in_progress | 2020-04-01 | Global | Salaried employees | MD&A f5-10q / GLM-5.3-flash-fp4-HTML | Short-term furloughing of salaried employees implemented as a COVID-19 cost mitigation action, in addition to the fiscal 2020 restructuring plan; duration depends on continued pandemic impact. | ||||
| 2020-06-30 | restructuring | in_progress | 2021-09-30 | Global | Global Products; Building Solutions North America; Building Solutions Asia Pacific; Building Solutions EMEA/LA; Corporate | USD 297 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | 2020 Plan charge of $297M ($111M in Q1, $186M in Q3 FY2020) covers workforce reductions, plant closures and asset impairments; segment charge split: $136M Global Products, $64M BS North America, $49M BS Asia Pacific, $43M BSEMEA/LA, $5M Corporate. Reserve of $139M at 2020-06-30 expected to be paid in cash; plan expected to reduce annual operating costs by ~$430M. No plan-specific employee count disclosed; across the 2020, 2018 and 2017 plans the filer reports ~16,400 workforce reductions (14,100 Building Technologies & Solutions, 2,300 Corporate), with ~10,300 employees separated as of 2020-06-30. | |||
| 2020-06-30 | plant_closure | in_progress | Global | Building Technologies & Solutions | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Restructuring plans (fiscal 2017, 2018 and 2020) include nine plant closures in Building Technologies & Solutions; eight of the nine plants had closed as of 2020-06-30. Per-plant headcount not disclosed. | |||||
| 2020-06-30 | other | in_progress | Global | Corporate and operations | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | COVID-19 cost mitigation actions include short-term furloughing of salaried employees, deferral or reduction of capital expenditures and limits on discretionary spending; no furlough count or duration disclosed. Duration depends on the evolution of the pandemic. | |||||
| 2020-06-30 | acquisition_addition | completed | Global | Global Products; Building Solutions EMEA/LA | USD 63 (millions) | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Certain acquisitions completed during the first nine months of fiscal 2020 for a combined purchase price, net of cash acquired, of $63 million ($59 million paid as of 2020-06-30), with $19M goodwill in Global Products and $23M in Building Solutions EMEA/LA. Acquired headcount not disclosed. | ||||
| 2020-06-30 | restructuring | in_progress | 16,400 | 2019-10-01 | 2021-09-30 | Global | Building Technologies & Solutions and Corporate | USD 297 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Fiscal 2020 Plan. Includes workforce reductions of approx. 16,400 employees (14,100 Building Technologies & Solutions, 2,300 Corporate). As of June 30, 2020, approx. 10,300 employees separated. Expected substantially complete in fiscal 2021. | |
| 2020-06-30 | restructuring | in_progress | 2017-10-01 | 2020-09-30 | Global | Building Technologies & Solutions and Corporate | USD 347 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Fiscal 2017 Plan. Expected substantially complete in fiscal 2020. Employee count not explicitly disclosed in this footnote, though costs recorded. | ||
| 2020-06-30 | restructuring | in_progress | 2018-10-01 | 2020-09-30 | Global | Building Technologies & Solutions and Corporate | USD 255 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Fiscal 2018 Plan. Expected substantially complete in 2020. Employee count not explicitly disclosed in this footnote, though costs recorded. | ||
| 2020-06-30 | restructuring | in_progress | 16,400 | USD 610,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | Expected positions to be eliminated | |||||
| 2020-06-30 | restructuring | in_progress | 2020 Restructuring Plan [Member] | USD 297,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2020-06-30 | restructuring | in_progress | 2020 Restructuring Plan [Member] / Global Products [Member] | USD 136,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2020-06-30 | restructuring | in_progress | 2020 Restructuring Plan [Member] / Building Solutions North America [Member] | USD 64,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2020-06-30 | restructuring | in_progress | 2020 Restructuring Plan [Member] / Building Solutions Asia Pacific [Member] | USD 49,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2020-06-30 | restructuring | in_progress | 2020 Restructuring Plan [Member] / Building Solutions EMEA/LA [Member] | USD 43,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2020-06-30 | restructuring | in_progress | 2020 Restructuring Plan [Member] / Corporate Segment [Member] | USD 5,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2020-06-30 | restructuring | in_progress | Employee Severance [Member] / 2020 Restructuring Plan [Member] | USD 142,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2020-06-30 | restructuring | in_progress | Fixed Asset Impairment [Member] / 2020 Restructuring Plan [Member] | USD 42,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2020-06-30 | restructuring | in_progress | Other Restructuring [Member] / 2020 Restructuring Plan [Member] | USD 2,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2020-06-30 | restructuring | in_progress | 14,100 | Building Technologies & Solutions [Member] | restructuring_footnote f5-10q / no-ai-xblr | Expected positions to be eliminated | |||||
| 2020-06-30 | restructuring | in_progress | 2,300 | Corporate Segment [Member] | restructuring_footnote f5-10q / no-ai-xblr | Expected positions to be eliminated | |||||
| 2020-03-31 | restructuring | in_progress | 2019-10-01 | 2020-09-30 | Global Products ($87M), Building Solutions Asia Pacific ($10M), Building Solutions North America ($8M), Building Solutions EMEA/LA ($6M) | USD 111 (millions) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Committed in Q1 fiscal 2020; costs primarily workforce reductions, plant closures and asset impairments; expected substantially complete in fiscal 2020; reserve balance $24M at March 31, 2020 expected to be paid in cash; expected to reduce annual operating costs by approximately $80 million. | |||
| 2020-03-31 | restructuring | in_progress | 2017-10-01 | 2020-09-30 | Building Technologies & Solutions businesses and Corporate | USD 255 (millions) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Committed in fiscal 2018; total amount incurred to date; expected substantially complete in 2020; reserve balance $78M at March 31, 2020 expected to be paid in cash; expected to reduce annual operating costs by approximately $300 million. | |||
| 2020-03-31 | restructuring | in_progress | 2016-10-01 | 2020-09-30 | Building Technologies & Solutions businesses and Corporate | USD 347 (millions) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Committed in fiscal 2017; total amount incurred to date; expected substantially complete in fiscal 2020; reserve balance $31M at March 31, 2020 expected to be paid in cash; expected to reduce annual operating costs by approximately $260 million. | |||
| 2020-03-31 | reduction_in_force | in_progress | 11,200 | 2020-09-30 | Building Technologies & Solutions business (9,000) and Corporate (2,200) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Fiscal 2020, 2018 and 2017 restructuring plans collectively included workforce reductions of approximately 11,200 employees; approximately 9,600 employees separated as of March 31, 2020. | ||||
| 2020-03-31 | plant_closure | in_progress | 2020-09-30 | Building Technologies & Solutions business | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Restructuring plans included nine plant closures in the Building Technologies & Solutions business; eight of the nine plants closed as of March 31, 2020. | |||||
| 2020-03-31 | other | in_progress | 2020-03-31 | Salaried employees | MD&A f5-10q / GLM-5.3-flash-fp4-HTML | In response to COVID-19, the Company is executing cost mitigation actions including short-term furloughing of salaried employees and limiting discretionary spending; no affected-employee count disclosed. | |||||
| 2020-03-31 | restructuring | in_progress | 11,200 | 2020-09-30 | Global | Building Technologies & Solutions business and Corporate | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Aggregate across the fiscal 2017, 2018 and 2020 plans (9,000 employees in Building Technologies & Solutions, 2,200 at Corporate); approximately 9,600 employees had separated as of 2020-03-31. Plan charges: $347M (2017), $255M (2018), $111M (2020, recorded in Q1 FY2020). Per-plan headcount splits not disclosed. | |||
| 2020-03-31 | plant_closure | in_progress | 2020-09-30 | Global | Building Technologies & Solutions business | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Nine plant closures included in the 2017/2018/2020 restructuring plans; eight of nine plants closed as of 2020-03-31. Associated headcount per closure not disclosed. | ||||
| 2020-03-31 | other | in_progress | Global | Salaried employees | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | Short-term furloughing of salaried employees and limits on discretionary spending as COVID-19 cost-mitigation actions; no furlough count or duration disclosed. | |||||
| 2020-03-31 | divestiture_reduction | in_progress | Global | Global Products segment | USD 15 (millions) | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | A Global Products business classified as held for sale; $15M additional impairment recorded in Q1 FY2020 to write carrying value to fair value less costs to sell. Headcount associated with the pending divestiture not disclosed. | ||||
| 2020-03-31 | restructuring | in_progress | 11,200 | 2019-10-01 | 2020-09-30 | Global | Building Technologies & Solutions and Corporate | USD 713 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Aggregated total from 2020 Plan (11,200 employees, $111M), 2018 Plan ($255M), and 2017 Plan ($347M). 9,600 employees separated as of March 31, 2020. 8 of 9 plants closed. | |
| 2020-03-31 | restructuring | in_progress | 11,200 | USD 62,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | Expected positions to be eliminated | |||||
| 2020-03-31 | restructuring | in_progress | 9,000 | Building Technologies & Solutions [Member] | restructuring_footnote f5-10q / no-ai-xblr | Expected positions to be eliminated | |||||
| 2020-03-31 | restructuring | in_progress | 2,200 | Corporate Segment [Member] | restructuring_footnote f5-10q / no-ai-xblr | Expected positions to be eliminated | |||||
| 2019-12-31 | restructuring | in_progress | 2019-10-01 | 2020-09-30 | Building Technologies & Solutions business and Corporate | USD 111 (millions) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Fiscal 2020 restructuring plan for cost reduction; costs consist primarily of workforce reductions, plant closures and asset impairments. Segment split: Global Products $87M, Building Solutions Asia Pacific $10M, Building Solutions North America $8M, Building Solutions EMEA/LA $6M. Expected to reduce annual operating costs by approximately $80 million, with benefits substantially realized in fiscal 2021. Restructuring reserve of $49 million at December 31, 2019 expected to be paid in cash. | |||
| 2019-12-31 | restructuring | in_progress | 2017-10-01 | 2020-09-30 | Building Technologies & Solutions business and Corporate | USD 255 (millions) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Fiscal 2018 restructuring plan; expected to reduce annual operating costs by approximately $300 million with benefits substantially realized in fiscal 2020. Reserve balance of $95 million at December 31, 2019 expected to be paid in cash. | |||
| 2019-12-31 | restructuring | in_progress | 2016-10-01 | 2020-09-30 | Building Technologies & Solutions business and Corporate | USD 347 (millions) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Fiscal 2017 restructuring plan; expected to reduce annual operating costs by approximately $260 million, substantially realized in fiscal 2019. Reserve balance of $46 million at December 31, 2019 expected to be paid in cash. | |||
| 2019-12-31 | reduction_in_force | in_progress | 11,200 | 2020-09-30 | Building Technologies & Solutions business (9,000) and Corporate (2,200) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Fiscal 2020, 2018 and 2017 restructuring plans collectively included workforce reductions of approximately 11,200 employees; approximately 8,100 employees had been separated as of December 31, 2019. | ||||
| 2019-12-31 | plant_closure | in_progress | 2020-09-30 | Building Technologies & Solutions business | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Restructuring plans included nine plant closures in the Building Technologies & Solutions business; eight of the nine plants had been closed as of December 31, 2019. | |||||
| 2019-12-31 | restructuring | in_progress | 11,200 | 2020-09-30 | Global | Building Technologies & Solutions (9,000) and Corporate (2,200) | USD 111 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Combined across fiscal 2020, 2018, and 2017 plans; 8,100 employees separated as of 2019-12-31. Per-plan charges: FY2020 $111M, FY2018 $255M, FY2017 $347M. Employee count not broken out by plan. | ||
| 2019-12-31 | plant_closure | in_progress | 2020-09-30 | Global | Building Technologies & Solutions | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Nine plant closures included in restructuring plans; eight of nine closed as of 2019-12-31. Per-plant employee counts not disclosed. | ||||
| 2019-12-31 | restructuring | in_progress | 11,200 | 2019-10-01 | 2020-09-30 | Global | Building Technologies & Solutions and Corporate | USD 713 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Consolidated disclosure of 2020, 2018, and 2017 plans. 2020 Plan: $111M charge, 11,200 employees total across all plans. 8,100 employees separated as of Dec 31, 2019. 9 plant closures planned, 8 closed. | |
| 2019-12-31 | restructuring | in_progress | 11,200 | USD 111,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | Expected positions to be eliminated | |||||
| 2019-12-31 | restructuring | in_progress | 2020 Restructuring Plan [Member] / Continuing Operations [Member] | USD 111,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2019-12-31 | restructuring | in_progress | 2020 Restructuring Plan [Member] / Global Products [Member] | USD 87,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2019-12-31 | restructuring | in_progress | 2020 Restructuring Plan [Member] / Building Solutions Asia Pacific [Member] | USD 10,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2019-12-31 | restructuring | in_progress | 2020 Restructuring Plan [Member] / Building Solutions North America [Member] | USD 8,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2019-12-31 | restructuring | in_progress | 2020 Restructuring Plan [Member] / Building Solutions EMEA/LA [Member] | USD 6,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2019-12-31 | restructuring | in_progress | Employee Severance [Member] / 2020 Restructuring Plan [Member] | USD 54,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2019-12-31 | restructuring | in_progress | Fixed Asset Impairment [Member] / 2020 Restructuring Plan [Member] | USD 54,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2019-12-31 | restructuring | in_progress | Other Restructuring [Member] / 2020 Restructuring Plan [Member] | USD 3,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2019-12-31 | restructuring | in_progress | 2020 Restructuring Plan [Member] | USD 111,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2019-12-31 | restructuring | in_progress | 9,000 | Building Technologies & Solutions [Member] | restructuring_footnote f5-10q / no-ai-xblr | Expected positions to be eliminated | |||||
| 2019-12-31 | restructuring | in_progress | 2,200 | Corporate Segment [Member] | restructuring_footnote f5-10q / no-ai-xblr | Expected positions to be eliminated | |||||
| 2019-09-30 | restructuring | in_progress | 9,100 | 2020-09-30 | Global | Building Technologies & Solutions business | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Cumulative through fiscal year-end across the 2016, 2017 and 2018 restructuring plans; charges are disclosed at plan level (FY2018 $255M, FY2017 $347M, FY2016 $222M) and by segment, not by headcount, so no charge is attached. Approximately 6,200 of the combined 11,300 planned reductions had been separated as of 2019-09-30; plans expected substantially complete in 2020. | |||
| 2019-09-30 | restructuring | in_progress | 2,200 | 2020-09-30 | Global | Corporate | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Cumulative through fiscal year-end across the 2016, 2017 and 2018 restructuring plans; combined with the Building Technologies & Solutions component this totals approximately 11,300 planned workforce reductions. Severance reserves of $102M (2018 Plan), $61M (2017 Plan) and $32M (2016 Plan) remained at 2019-09-30 and are expected to be paid in cash. | |||
| 2019-09-30 | plant_closure | in_progress | 2020-09-30 | Global | Building Technologies & Solutions business | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Twelve plant closures were included in the 2016-2018 restructuring plans; eleven of the twelve plants had been closed as of 2019-09-30. Part of the same programs as the workforce reduction records above; headcount associated with the closures is not separately disclosed. | ||||
| 2019-09-30 | divestiture_reduction | completed | 2018-11-13 | 2019-04-30 | Global | Power Solutions business | discontinued_operations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Sale to BCP Acquisitions LLC for $13.2 billion closed 2019-04-30 with net cash proceeds of $11.6 billion; headcount transferred with the business is not disclosed. Classified as a discontinued operation with retrospective reclassification. | |||
| 2019-09-30 | divestiture_reduction | announced | 2019-06-30 | Global | Global Products segment | USD 235 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | A business within Global Products met held-for-sale criteria in the third quarter of fiscal 2019; a $235M impairment was recorded to write carrying value down to fair value less costs to sell. Announcement date reflects the quarter ended 2019-06-30; headcount not disclosed and sale had not closed at filing date. | |||
| 2019-09-30 | acquisition_addition | completed | 2019-09-30 | Global | Global Products; Building Solutions Asia Pacific; Building Solutions EMEA/LA | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Fiscal 2019 acquisitions had a combined purchase price of $32 million ($25 million paid at year-end) and were not material to the consolidated financial statements; acquired headcount is not disclosed. | ||||
| 2019-09-30 | restructuring | in_progress | 2018-10-01 | 2020-09-30 | Global | Building Technologies & Solutions and Corporate | USD 235 (millions) | restructuring_footnote f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML | Fiscal 2019 restructuring plan (initiated in FY2018) recorded $235 million in costs. Substantially complete in 2020. Employee count not explicitly disclosed for this specific action in the footnote, though Item 1 notes 11,300 employees affected by FY2018, FY2017, and FY2016 plans combined. | ||
| 2019-09-30 | divestiture_reduction | completed | 2019-04-30 | 2019-04-30 | Global | Power Solutions | discontinued_operations_footnote f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML | Sale of Power Solutions business closed on April 30, 2019. Employee count not explicitly disclosed. | |||
| 2019-09-30 | restructuring | in_progress | 2018-10-01 | 2020-09-30 | Global | Building Technologies & Solutions and Corporate | USD 255 (millions) | MD&A f5-10k / Qwen3.6-27B-Q8_0 | Fiscal 2018 restructuring plan committed in FY2018; costs consist primarily of workforce reductions, plant closures and asset impairments. Expected to be substantially complete in 2020. | ||
| 2019-09-30 | restructuring | in_progress | 2017-10-01 | 2020-09-30 | Global | Building Technologies & Solutions and Corporate | USD 347 (millions) | MD&A f5-10k / Qwen3.6-27B-Q8_0 | Fiscal 2017 restructuring plan committed in FY2017; costs consist primarily of workforce reductions, plant closures and asset impairments. Expected to be substantially complete in fiscal 2020. | ||
| 2019-09-30 | restructuring | in_progress | 2016-10-01 | 2020-09-30 | Global | Building Technologies & Solutions and Corporate | USD 222 (millions) | MD&A f5-10k / Qwen3.6-27B-Q8_0 | Fiscal 2016 restructuring plan committed in FY2016; costs consist primarily of workforce reductions, plant closures, asset impairments and change-in-control payments. Final payments expected in fiscal 2020. | ||
| 2019-09-30 | restructuring | completed | 11,300 | Global | Building Technologies & Solutions and Corporate | restructuring_footnote f5-10k / Qwen3.6-27B-Q8_0 | Consolidated workforce reductions from FY2018, FY2017, and FY2016 plans. Approximately 6,200 employees separated as of Sept 30, 2019. | ||||
| 2019-09-30 | restructuring | in_progress | USD 235,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | |||||||
| 2019-09-30 | restructuring | in_progress | Global Products [Member] / Building Technologies & Solutions [Member] | USD 235,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2019-06-30 | restructuring | in_progress | 2018-01-01 | 2020-12-31 | Building Technologies & Solutions businesses and Corporate | USD 255 (millions) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Fiscal 2018 plan; costs primarily workforce reductions, plant closures and asset impairments. Reserve balance $106 million at June 30, 2019 expected to be paid in cash. Expected annual operating cost reduction of approximately $300 million. | |||
| 2019-06-30 | restructuring | in_progress | 2017-01-01 | 2019-09-30 | Building Technologies & Solutions businesses and Corporate | USD 347 (millions) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Fiscal 2017 plan; expected annual operating cost reduction of approximately $260 million. Reserve balance $69 million at June 30, 2019 expected to be paid in cash. | |||
| 2019-06-30 | restructuring | in_progress | 2016-01-01 | 2019-09-30 | Building Technologies & Solutions businesses and Corporate | USD 222 (millions) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Fiscal 2016 plan; includes $56 million of committed restructuring actions taken by Tyco for liabilities assumed in the Tyco acquisition. Expected annual operating cost reduction of approximately $127 million. Reserve balance $59 million at June 30, 2019 expected to be paid in cash. | |||
| 2019-06-30 | reduction_in_force | in_progress | 11,300 | Building Technologies & Solutions business (9,100) and Corporate (2,200) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Combined workforce reductions under the fiscal 2018, 2017 and 2016 restructuring plans. Approximately 5,200 employees separated as of June 30, 2019. | |||||
| 2019-06-30 | plant_closure | in_progress | Building Technologies & Solutions business | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Twelve plant closures included in the fiscal 2018, 2017 and 2016 restructuring plans; ten of the twelve plants closed as of June 30, 2019. | ||||||
| 2019-06-30 | divestiture_reduction | completed | 2018-11-13 | 2019-04-30 | Power Solutions | USD 5,200 (millions) | other f5-10q / GLM-5.3-flash-fp4-HTML | Sale of Power Solutions business to BCP Acquisitions LLC closed April 30, 2019 for $13.2 billion; gain on sale of $5.2 billion ($4.0 billion after tax). Headcount transferred not disclosed. | |||
| 2019-06-30 | restructuring | in_progress | 11,300 | 2020-09-30 | Global | Building Technologies & Solutions and Corporate | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Combined across fiscal 2016, 2017, and 2018 restructuring plans: 9,100 in Building Technologies & Solutions and 2,200 in Corporate. Approximately 5,200 employees separated as of 2019-06-30. Individual plan charges for continuing operations: $255M (FY2018), $347M (FY2017), $222M (FY2016). Expected completion: FY2020 for 2018 plan; FY2019 for 2017 and 2016 plans. Announcement dates not specified in filing. | |||
| 2019-06-30 | plant_closure | in_progress | Global | Building Technologies & Solutions | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Twelve plant closures included in the fiscal 2016–2018 restructuring plans; ten of twelve plants closed as of 2019-06-30. Associated headcount per closure not disclosed. | |||||
| 2019-06-30 | divestiture_reduction | completed | 2018-11-13 | 2019-04-30 | Global | Power Solutions | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Sale of Power Solutions business to BCP Acquisitions LLC for $13.2B closed 2019-04-30; net cash proceeds $11.6B. Headcount removed through the divestiture not disclosed. | |||
| 2019-06-30 | restructuring | in_progress | 2018-10-01 | 2020-09-30 | Global | Building Technologies & Solutions and Corporate | USD 255 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Fiscal 2018 Plan. Total amount incurred to date and expected to be incurred is $255 million. Includes workforce reductions, plant closures, and asset impairments. Expected to be substantially complete in 2020. Specific employee count for this plan not disclosed in this filing, though cumulative separations across 2016-2018 plans are noted as approx 5,200. | ||
| 2019-06-30 | restructuring | in_progress | 2017-10-01 | 2019-09-30 | Global | Building Technologies & Solutions and Corporate | USD 347 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Fiscal 2017 Plan. Total amount incurred to date and expected to be incurred is $347 million. Includes workforce reductions, plant closures, and asset impairments. Expected to be substantially complete in fiscal 2019. | ||
| 2019-06-30 | restructuring | in_progress | 2016-10-01 | 2019-09-30 | Global | Building Technologies & Solutions and Corporate | USD 222 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Fiscal 2016 Plan. Total amount incurred to date and expected to be incurred is $222 million. Includes workforce reductions, plant closures, asset impairments, and change-in-control payments. Expected to be substantially complete in fiscal 2019. | ||
| 2019-06-30 | restructuring | in_progress | 11,300 | Global | Building Technologies & Solutions and Corporate | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Aggregate workforce reduction across fiscal 2018, 2017, and 2016 plans. 9,100 in Building Technologies & Solutions and 2,200 in Corporate. As of June 30, 2019, approximately 5,200 employees have been separated pursuant to these plans. | ||||
| 2019-06-30 | plant_closure | in_progress | Global | Building Technologies & Solutions | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Restructuring plans included twelve plant closures. As of June 30, 2019, ten of the twelve plants have been closed. | |||||
| 2019-06-30 | restructuring | in_progress | USD 235,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | |||||||
| 2019-03-31 | restructuring | in_progress | 2018-10-01 | 2020-12-31 | Global | Building Technologies & Solutions businesses and Corporate | USD 255 (millions) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Total incurred to date and total expected for the plan. Costs consist primarily of workforce reductions, plant closures and asset impairments. Combined with the 2017 and 2016 plans, workforce reductions total approximately 11,300 employees (9,100 Building Technologies & Solutions, 2,200 Corporate); approximately 5,100 employees separated as of March 31, 2019. Expected annual operating cost reduction approximately $300 million. | ||
| 2019-03-31 | restructuring | in_progress | 2017-10-01 | 2019-09-30 | Global | Building Technologies & Solutions businesses and Corporate | USD 347 (millions) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Total incurred to date and total expected for the plan. Expected annual operating cost reduction approximately $260 million, substantially realized in fiscal 2019. | ||
| 2019-03-31 | restructuring | in_progress | 2016-10-01 | 2019-09-30 | Global | Building Technologies & Solutions businesses and Corporate | USD 222 (millions) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Total incurred to date and total expected for the plan. Includes $56 million of committed restructuring actions taken by Tyco for liabilities assumed in the Tyco acquisition. Expected annual operating cost reduction approximately $127 million. | ||
| 2019-03-31 | plant_closure | in_progress | 2016-10-01 | Global | Building Technologies & Solutions business | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | The fiscal 2018, 2017 and 2016 restructuring plans included twelve plant closures in the Building Technologies & Solutions business; ten of the twelve plants had been closed as of March 31, 2019. | ||||
| 2019-03-31 | divestiture_reduction | completed | 2018-11-13 | 2019-04-30 | Global | Power Solutions | USD 13,200 (millions) | subsequent_events f5-10q / GLM-5.3-flash-fp4-HTML | Sale of Power Solutions business to BCP Acquisitions LLC (Brookfield) for $13.2 billion purchase price; transaction closed April 30, 2019 with net cash proceeds of $11.6 billion after tax and transaction-related expenses. Headcount transferred not disclosed. | ||
| 2019-03-31 | restructuring | in_progress | 9,100 | 2020-09-30 | Global | Building Technologies & Solutions | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Combined across fiscal 2016, 2017, and 2018 restructuring plans; employee count not broken out by individual plan. Approximately 5,100 of the combined 11,300 total workforce reductions across all plans had been separated as of 2019-03-31. Charges disclosed separately per plan ($255M FY18, $347M FY17, $222M FY16) and by segment within each plan; not aggregated here. 2018 Plan expected substantially complete in 2020; 2017 and 2016 Plans in fiscal 2019. | |||
| 2019-03-31 | restructuring | in_progress | 2,200 | 2020-09-30 | Global | Corporate | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Combined across fiscal 2016, 2017, and 2018 restructuring plans; employee count not broken out by individual plan. Charges disclosed separately per plan and by segment within each plan; not aggregated here. | |||
| 2019-03-31 | plant_closure | in_progress | 2020-09-30 | Global | Building Technologies & Solutions | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Twelve plant closures included in the fiscal 2016–2018 restructuring plans; ten of twelve completed as of 2019-03-31. Associated workforce reductions are included in the 9,100 Building Technologies & Solutions restructuring figure above; no separate per-closure headcount disclosed. | ||||
| 2019-03-31 | restructuring | in_progress | 2018-01-01 | 2020-12-31 | Global | Building Technologies & Solutions and Corporate | USD 255 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Fiscal 2018 Plan. Total employees affected not disclosed in this period; approx. 5,100 employees separated across 2016-2018 plans as of Mar 31, 2019. 10 of 12 plants closed. | ||
| 2019-03-31 | restructuring | in_progress | 2017-01-01 | 2019-09-30 | Global | Building Technologies & Solutions and Corporate | USD 347 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Fiscal 2017 Plan. Total employees affected not disclosed in this period. | ||
| 2019-03-31 | restructuring | in_progress | 2016-01-01 | 2019-09-30 | Global | Building Technologies & Solutions and Corporate | USD 222 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Fiscal 2016 Plan. Total employees affected not disclosed in this period. | ||
| 2019-03-31 | restructuring | in_progress | USD 0 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | |||||||
| 2018-12-31 | restructuring | in_progress | 2018 | 2020 | Building Technologies & Solutions businesses and Corporate | USD 255 (millions) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Total incurred to date and total expected for the plan; costs consist primarily of workforce reductions, plant closures and asset impairments. Part of a combined workforce reduction of approximately 11,300 employees across the fiscal 2018, 2017 and 2016 plans (9,100 in Building Technologies & Solutions, 2,200 in Corporate), of which approximately 5,000 employees had been separated as of December 31, 2018. Restructuring plan reserve balance of $155 million at December 31, 2018 expected to be paid in cash. Expected annual operating cost reduction of approximately $300 million, substantially realized in 2020. | |||
| 2018-12-31 | restructuring | in_progress | 2017 | 2019 | Building Technologies & Solutions businesses and Corporate | USD 347 (millions) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Total incurred to date and total expected for the plan; costs consist primarily of workforce reductions, plant closures and asset impairments. Part of a combined workforce reduction of approximately 11,300 employees across the fiscal 2018, 2017 and 2016 plans. Restructuring plan reserve balance of $73 million at December 31, 2018 expected to be paid in cash. Expected annual operating cost reduction of approximately $260 million, substantially realized in fiscal 2019. | |||
| 2018-12-31 | restructuring | in_progress | 2016 | 2019 | Building Technologies & Solutions businesses and Corporate | USD 222 (millions) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Total incurred to date and total expected for the plan; costs consist primarily of workforce reductions, plant closures, asset impairments and change-in-control payments. Part of a combined workforce reduction of approximately 11,300 employees across the fiscal 2018, 2017 and 2016 plans. Includes $56 million of committed restructuring actions taken by Tyco for liabilities assumed in the Tyco acquisition. Restructuring plan reserve balance of $65 million at December 31, 2018 expected to be paid in cash. Expected annual operating cost reduction of approximately $127 million, substantially realized in fiscal 2019. | |||
| 2018-12-31 | plant_closure | in_progress | Building Technologies & Solutions business | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | The fiscal 2018, 2017 and 2016 restructuring plans included twelve plant closures in the Building Technologies & Solutions business; eight of the twelve plants had been closed as of December 31, 2018. | ||||||
| 2018-12-31 | divestiture_reduction | announced | 2018-11-13 | 2019-06-30 | Power Solutions | USD 13,200 (millions) | other f5-10q / GLM-5.3-flash-fp4-HTML | Agreement to sell the Power Solutions business to an entity controlled by Brookfield Capital Partners LLC for a purchase price of $13.2 billion; net cash proceeds expected to be $11.4 billion after tax and transaction-related expenses. Power Solutions classified as a discontinued operation in Q1 fiscal 2019 with assets and liabilities reclassified as held for sale. Employee headcount affected by the divestiture is not disclosed. | |||
| 2018-12-31 | restructuring | in_progress | 2018 | 2020 | Global | Building Technologies & Solutions and Corporate | USD 255 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Plan charge of $255M recorded in FY2018 (none in Q1 FY2019); reserve balance $155M at 2018-12-31. Cumulative across FY2016-FY2018 plans: ~11,300 positions targeted (9,100 Buildings, 2,200 Corporate); ~5,000 employees separated as of 2018-12-31. Expected annual run-rate savings ~$300M. | ||
| 2018-12-31 | restructuring | in_progress | 2017 | 2019-09-30 | Global | Building Technologies & Solutions and Corporate | USD 347 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Plan charge of $347M recorded in FY2017; reserve balance $73M at 2018-12-31, expected to be paid in cash. Cumulative across FY2016-FY2018 plans: ~11,300 positions targeted (9,100 Buildings, 2,200 Corporate); ~5,000 employees separated as of 2018-12-31. Expected annual run-rate savings ~$260M. | ||
| 2018-12-31 | restructuring | in_progress | 2016 | 2019-09-30 | Global | Building Technologies & Solutions and Corporate | USD 222 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Plan charge of $222M recorded in FY2016 (continuing operations); reserve balance $65M at 2018-12-31, expected to be paid in cash. Includes $56M of Tyco-assumed committed actions. Cumulative across FY2016-FY2018 plans: ~11,300 positions targeted (9,100 Buildings, 2,200 Corporate); ~5,000 employees separated as of 2018-12-31. | ||
| 2018-12-31 | plant_closure | in_progress | 2020 | Global | Building Technologies & Solutions | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Twelve plant closures included in the FY2016-FY2018 restructuring plans; eight of the twelve closed as of 2018-12-31. Per-plant headcount not disclosed; announcement dates not specified beyond fiscal years of the underlying plans. | ||||
| 2018-12-31 | divestiture_reduction | announced | 2018-11-13 | 2019-06-30 | Global | Power Solutions | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Agreement to sell Power Solutions to BCP Acquisitions LLC (Brookfield) for $13.2B; net cash proceeds expected ~$11.4B after tax and transaction costs. Business classified as a discontinued operation in Q1 FY2019; associated headcount not disclosed. | |||
| 2018-12-31 | restructuring | in_progress | 2018-01-01 | 2020-12-31 | Global | Building Technologies & Solutions and Corporate | USD 255 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Fiscal 2018 Plan. Total employees affected not disclosed in this filing, though prior filings indicated ~11,300 for the combined 2018/2017/2016 plans. Reserve balance at Dec 31, 2018 was $155 million. | ||
| 2018-12-31 | restructuring | in_progress | 2017-01-01 | 2019-09-30 | Global | Building Technologies & Solutions and Corporate | USD 347 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Fiscal 2017 Plan. Reserve balance at Dec 31, 2018 was $73 million. | ||
| 2018-12-31 | restructuring | in_progress | 2016-01-01 | 2019-09-30 | Global | Building Technologies & Solutions and Corporate | USD 222 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Fiscal 2016 Plan. Reserve balance at Dec 31, 2018 was $65 million. | ||
| 2018-12-31 | restructuring | in_progress | USD 0 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | |||||||
| 2018-09-30 | restructuring | in_progress | 11,500 | 2020-09-30 | Global | Building Technologies & Solutions, Corporate and Power Solutions | USD 263 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Headcount of approximately 11,500 (9,100 Buildings, 2,200 Corporate, 200 Power Solutions) is cumulative through fiscal 2018 across the 2016, 2017 and 2018 plans; approximately 4,900 employees had been separated as of 2018-09-30. The $263M charge is the fiscal 2018 plan only; 2018 plan expected substantially complete in 2020, 2016 and 2017 plans in fiscal 2019. | ||
| 2018-09-30 | plant_closure | in_progress | Global | Building Technologies & Solutions | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Twelve plant closures included in the fiscal 2016-2018 restructuring plans; seven of the twelve plants had been closed as of 2018-09-30. Headcount associated with closures not separately disclosed. | |||||
| 2018-09-30 | divestiture_reduction | completed | 2017-05-31 | 2017-10-04 | Global | Global Products (Scott Safety business) | discontinued_operations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Sale of Scott Safety business to 3M completed 2017-10-04 (fiscal 2018 first quarter) for $2.0 billion net of cash divested; associated headcount not disclosed. Announcement date approximate — definitive agreement signed in the second quarter of fiscal 2017. | |||
| 2018-09-30 | divestiture_reduction | announced | 2018-11-13 | 2019-06-30 | Global | Power Solutions | subsequent_events f5-10k / MiMo-V2.6-Flash-fp8-HTML | Agreement to sell Power Solutions business to BCP Acquisitions LLC (Brookfield) for $13.2 billion, announced after fiscal year-end; associated headcount not disclosed. Power Solutions results to be reported as a discontinued operation beginning fiscal 2019 first quarter. | |||
| 2018-09-30 | restructuring | in_progress | 11,500 | 2018-10-01 | 2020-09-30 | Global | Building Technologies & Solutions, Power Solutions, Corporate | USD 263 (millions) | restructuring_footnote f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML | Fiscal 2018 Plan. Workforce reductions of approximately 11,500 employees (9,100 Buildings, 2,200 Corporate, 200 Power Solutions). Twelve plant closures in Buildings business. Costs consist primarily of workforce reductions, plant closures and asset impairments. | |
| 2018-09-30 | divestiture_reduction | completed | 2017-04-01 | 2017-10-04 | Global | Global Products (Scott Safety) | discontinued_operations_footnote f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML | Sale of Scott Safety business to 3M Company completed in Q1 FY2018. Employee count not explicitly disclosed for this specific divestiture in the provided text. | |||
| 2018-09-30 | divestiture_reduction | completed | 2016-10-31 | 2016-10-31 | Global | Automotive Experience (Adient) | discontinued_operations_footnote f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML | Spin-off of Automotive Experience business to Adient plc completed in FY2017 (Q4 FY2016). Employee count not explicitly disclosed for this specific divestiture in the provided text. | |||
| 2018-09-30 | restructuring | in_progress | 11,500 | 2018-10-01 | 2020-09-30 | Global | Building Technologies & Solutions, Power Solutions, Corporate | USD 263 (millions) | restructuring_footnote f5-10k / Qwen3.6-27B-Q8_0 | Fiscal 2018 Plan: Workforce reductions of approximately 11,500 employees (9,100 BTS, 2,200 Corporate, 200 Power Solutions). Twelve plant closures in BTS. Expected to be substantially complete in 2020. | |
| 2018-09-30 | restructuring | in_progress | 2017-10-01 | 2019-09-30 | Global | Building Technologies & Solutions, Power Solutions, Corporate | USD 367 (millions) | restructuring_footnote f5-10k / Qwen3.6-27B-Q8_0 | Fiscal 2017 Plan: Costs consist primarily of workforce reductions, plant closures and asset impairments. Expected to be substantially complete in fiscal 2019. Employee count not explicitly disclosed for this specific plan in the footnote, though total charges are. | ||
| 2018-09-30 | restructuring | in_progress | 2016-10-01 | 2019-09-30 | Global | Building Technologies & Solutions, Power Solutions, Corporate | USD 288 (millions) | restructuring_footnote f5-10k / Qwen3.6-27B-Q8_0 | Fiscal 2016 Plan: Costs consist primarily of workforce reductions, plant closures, asset impairments and change-in-control payments. Expected to be substantially complete in fiscal 2019. Employee count not explicitly disclosed for this specific plan in the footnote. | ||
| 2018-09-30 | restructuring | in_progress | 11,500 | USD 263,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | Expected positions to be eliminated | |||||
| 2018-09-30 | restructuring | in_progress | Building Technologies & Solutions [Member] / Building Solutions Asia Pacific [Member] | USD 16,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2018-09-30 | restructuring | in_progress | Building Technologies & Solutions [Member] / Building Solutions EMEA/LA [Member] | USD 56,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2018-09-30 | restructuring | in_progress | Building Technologies & Solutions [Member] / Building Solutions North America [Member] | USD 20,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2018-09-30 | restructuring | in_progress | Building Technologies & Solutions [Member] / Global Products [Member] | USD 113,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2018-09-30 | restructuring | in_progress | 200 | Power Solutions [Member] | USD 8,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | Expected positions to be eliminated | ||||
| 2018-09-30 | restructuring | in_progress | 2,200 | Corporate Segment [Member] | USD 50,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | Expected positions to be eliminated | ||||
| 2018-09-30 | restructuring | in_progress | Fixed Asset Impairment [Member] / 2018 Restructuring Plan [Member] | USD 42,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2018-09-30 | restructuring | in_progress | Employee Severance [Member] / 2018 Restructuring Plan [Member] | USD 209,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2018-09-30 | restructuring | in_progress | Other Restructuring [Member] / 2018 Restructuring Plan [Member] | USD 12,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2018-09-30 | restructuring | in_progress | 2018 Restructuring Plan [Member] | USD 263,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2018-09-30 | restructuring | in_progress | 2018 Restructuring Plan [Member] / Building Solutions Asia Pacific [Member] / Continuing Operations [Member] | USD 16,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2018-09-30 | restructuring | in_progress | 2018 Restructuring Plan [Member] / Building Solutions EMEA/LA [Member] / Continuing Operations [Member] | USD 56,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2018-09-30 | restructuring | in_progress | 2018 Restructuring Plan [Member] / Building Solutions North America [Member] / Continuing Operations [Member] | USD 20,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2018-09-30 | restructuring | in_progress | 2018 Restructuring Plan [Member] / Global Products [Member] / Continuing Operations [Member] | USD 113,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2018-09-30 | restructuring | in_progress | 2018 Restructuring Plan [Member] / Power Solutions [Member] / Continuing Operations [Member] | USD 8,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2018-09-30 | restructuring | in_progress | 2018 Restructuring Plan [Member] / Corporate Segment [Member] / Continuing Operations [Member] | USD 50,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2018-09-30 | restructuring | in_progress | 2018 Restructuring Plan [Member] / Continuing Operations [Member] | USD 263,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2018-09-30 | restructuring | in_progress | 9,100 | Building Technologies & Solutions [Member] | restructuring_footnote f5-10k / no-ai-xblr | Expected positions to be eliminated | |||||
| 2018-06-30 | restructuring | in_progress | 2020-12-31 | Global Products | USD 76 (millions) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Fiscal 2018 restructuring plan; part of a program with total workforce reductions of approximately 9,200 employees, of which 7,300 relate to the Building Technologies & Solutions business across its segments. | ||||
| 2018-06-30 | restructuring | in_progress | 2020-12-31 | Building Solutions EMEA/LA | USD 32 (millions) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Fiscal 2018 restructuring plan; part of a program with total workforce reductions of approximately 9,200 employees, of which 7,300 relate to the Building Technologies & Solutions business across its segments. | ||||
| 2018-06-30 | restructuring | in_progress | 1,700 | 2020-12-31 | Corporate | USD 24 (millions) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Fiscal 2018 restructuring plan; Corporate workforce reduction component of approximately 1,700 employees within the ~9,200 total program headcount reduction. | |||
| 2018-06-30 | restructuring | in_progress | 2020-12-31 | Building Solutions Asia Pacific | USD 14 (millions) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Fiscal 2018 restructuring plan; part of a program with total workforce reductions of approximately 9,200 employees, of which 7,300 relate to the Building Technologies & Solutions business across its segments. | ||||
| 2018-06-30 | restructuring | in_progress | 2020-12-31 | Building Solutions North America | USD 8 (millions) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Fiscal 2018 restructuring plan; part of a program with total workforce reductions of approximately 9,200 employees, of which 7,300 relate to the Building Technologies & Solutions business across its segments. | ||||
| 2018-06-30 | restructuring | in_progress | 200 | 2020-12-31 | Power Solutions | USD 4 (millions) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Fiscal 2018 restructuring plan; Power Solutions workforce reduction component of approximately 200 employees within the ~9,200 total program headcount reduction. | |||
| 2018-06-30 | plant_closure | in_progress | 2020-12-31 | Building Technologies & Solutions | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Fiscal 2018, 2017 and 2016 restructuring plans included eleven plant closures in the Building Technologies & Solutions business; six of the eleven plants closed as of June 30, 2018. | |||||
| 2018-06-30 | restructuring | in_progress | 2018-12-31 | Building Technologies & Solutions, Power Solutions and Corporate | USD 367 (millions) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Fiscal 2017 plan; total recorded to date and expected total. Reserve balance of $92 million at June 30, 2018 expected to be paid in cash. No employee count disclosed. | ||||
| 2018-06-30 | restructuring | in_progress | 2018-12-31 | Building Technologies & Solutions, Power Solutions and Corporate | USD 288 (millions) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Fiscal 2016 plan; total recorded to date and expected total. Reserve balance of $74 million at June 30, 2018 expected to be paid in cash. No employee count disclosed. | ||||
| 2018-06-30 | divestiture_reduction | completed | 2017-10-04 | Global Products (Scott Safety) | business_combinations_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Sale of Scott Safety business to 3M Company completed October 4, 2017 for $2.0 billion net of cash divested; pre-tax gain of $114 million. Headcount removed not disclosed. | |||||
| 2018-06-30 | restructuring | in_progress | 7,300 | 2020 | Global | Building Technologies & Solutions | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Combined fiscal 2016, 2017 and 2018 plans; plan charges of $288M, $367M and $158M respectively. Approximately 4,300 of the 9,200 total affected employees had been separated as of June 30, 2018. Actions substantially complete between 2018 and 2020. | |||
| 2018-06-30 | restructuring | in_progress | 1,700 | 2020 | Global | Corporate | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Combined fiscal 2016, 2017 and 2018 plans; plan charges of $288M, $367M and $158M respectively. Approximately 4,300 of the 9,200 total affected employees had been separated as of June 30, 2018. | |||
| 2018-06-30 | restructuring | in_progress | 200 | 2020 | Global | Power Solutions | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Combined fiscal 2016, 2017 and 2018 plans; plan charges of $288M, $367M and $158M respectively. Approximately 4,300 of the 9,200 total affected employees had been separated as of June 30, 2018. | |||
| 2018-06-30 | plant_closure | in_progress | Global | Building Technologies & Solutions | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Eleven plant closures included in the fiscal 2016-2018 restructuring plans; six of eleven closed as of June 30, 2018. Associated workforce reductions are captured in the restructuring records above; per-plant headcount not disclosed. | |||||
| 2018-06-30 | divestiture_reduction | completed | 2017-10-04 | Global Products | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Sale of Scott Safety business to 3M Company for $2.0 billion net of cash divested; transaction closed October 4, 2017. Employees transferred with the business not disclosed. | |||||
| 2018-06-30 | restructuring | in_progress | 9,200 | 2018-01-01 | 2020-12-31 | Global | Building Technologies & Solutions, Power Solutions, Corporate | USD 158 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Fiscal 2018 Plan. Includes 7,300 BT&S, 200 Power Solutions, 1,700 Corporate. 4,300 separated as of June 30, 2018. 6 of 11 plants closed. | |
| 2018-06-30 | restructuring | in_progress | 2017-01-01 | 2018-12-31 | Global | Building Technologies & Solutions, Power Solutions, Corporate | USD 367 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Fiscal 2017 Plan. Employee count not explicitly stated in this filing, but reserve balance of $92 million remains. | ||
| 2018-06-30 | restructuring | in_progress | 2016-01-01 | 2018-12-31 | Global | Building Technologies & Solutions, Power Solutions, Corporate | USD 288 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Fiscal 2016 Plan. Employee count not explicitly stated in this filing, but reserve balance of $74 million remains. | ||
| 2018-06-30 | restructuring | in_progress | USD 0 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | |||||||
| 2018-06-30 | restructuring | in_progress | 2018 Restructuring Plan [Member] | USD 158,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2018-06-30 | restructuring | in_progress | 2018 Restructuring Plan [Member] / Building Solutions Asia Pacific [Member] | USD 14,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2018-06-30 | restructuring | in_progress | 2018 Restructuring Plan [Member] / Building Solutions EMEA/LA [Member] | USD 32,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2018-06-30 | restructuring | in_progress | 2018 Restructuring Plan [Member] / Building Solutions North America [Member] | USD 8,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2018-06-30 | restructuring | in_progress | 2018 Restructuring Plan [Member] / Global Products [Member] | USD 76,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2018-06-30 | restructuring | in_progress | 2018 Restructuring Plan [Member] / Power Solutions [Member] | USD 4,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2018-06-30 | restructuring | in_progress | 2018 Restructuring Plan [Member] / Corporate Segment [Member] | USD 24,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2018-03-31 | restructuring | in_progress | 2017-10-01 | 2020-12-31 | Building Technologies & Solutions, Power Solutions, Corporate | USD 158 (millions) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Fiscal 2018 plan; total incurred to date equals total expected. Charge split: Global Products $76M, Building Solutions EMEA/LA $32M, Corporate $24M, Asia Pacific $14M, North America $8M, Power Solutions $4M. Reserve balance $119M at 2018-03-31 expected to be paid in cash. Part of combined ~9,200-employee reduction across fiscal 2016-2018 plans. | |||
| 2018-03-31 | restructuring | in_progress | 2016-10-01 | 2018-09-30 | Building Technologies & Solutions, Power Solutions, Corporate | USD 367 (millions) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Fiscal 2017 plan; total incurred to date equals total expected. Charge split: Corporate $166M, EMEA/LA $74M, North America $59M, Global Products $32M, Power Solutions $20M, Asia Pacific $16M. Reserve balance $128M at 2018-03-31 expected to be paid in cash. Part of combined ~9,200-employee reduction across fiscal 2016-2018 plans. | |||
| 2018-03-31 | restructuring | in_progress | 2015-10-01 | 2018-09-30 | Building Technologies & Solutions, Power Solutions, Corporate | USD 288 (millions) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Fiscal 2016 plan; total incurred to date equals total expected. Charge split: Corporate $161M, Power Solutions $66M, Global Products $44M, EMEA/LA $17M; includes $56M of committed Tyco restructuring liabilities assumed in the merger. Reserve balance $76M at 2018-03-31 expected to be paid in cash. Part of combined ~9,200-employee reduction across fiscal 2016-2018 plans. | |||
| 2018-03-31 | plant_closure | in_progress | Building Technologies & Solutions | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Fiscal 2016-2018 restructuring plans include eleven plant closures in the Building Technologies & Solutions business; four of the eleven plants had been closed as of 2018-03-31. | ||||||
| 2018-03-31 | divestiture_reduction | completed | 2017-10-04 | 2017-10-04 | Global Products (Scott Safety) | other f5-10q / GLM-5.3-flash-fp4-HTML | Sale of Scott Safety business to 3M Company completed October 4, 2017 for $2.0 billion net of cash divested; headcount removed not disclosed. | ||||
| 2018-03-31 | restructuring | in_progress | 9,200 | 2020-12-31 | Global | Building Technologies & Solutions (7,300); Corporate (1,700); Power Solutions (200) | USD 813 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Combined total across fiscal 2016, 2017, and 2018 restructuring plans. Charges: 2018 Plan $158M, 2017 Plan $367M, 2016 Plan $288M. Approximately 2,700 employees separated as of 2018-03-31. Plans expected substantially complete by 2020 (2018 Plan) and 2018 (2017 and 2016 Plans). | ||
| 2018-03-31 | plant_closure | in_progress | Global | Building Technologies & Solutions | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Eleven plant closures included across the fiscal 2016, 2017, and 2018 restructuring plans; four of eleven plants closed as of 2018-03-31. No per-plant headcount disclosed. | |||||
| 2018-03-31 | restructuring | in_progress | 9,200 | 2017-10-01 | 2020-12-31 | Global | Building Technologies & Solutions, Power Solutions, Corporate | USD 158 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Fiscal 2018 Plan. Includes workforce reductions, plant closures, and asset impairments. As of March 31, 2018, approximately 2,700 employees separated and four of eleven plants closed. | |
| 2018-03-31 | restructuring | in_progress | 2016-10-01 | 2018-12-31 | Global | Building Technologies & Solutions, Power Solutions, Corporate | USD 367 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Fiscal 2017 Plan. Includes workforce reductions, plant closures, and asset impairments. Employee count not explicitly stated in this filing. | ||
| 2018-03-31 | restructuring | in_progress | 2015-10-01 | 2018-12-31 | Global | Building Technologies & Solutions, Power Solutions, Corporate | USD 288 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Fiscal 2016 Plan. Includes workforce reductions, plant closures, asset impairments, and change-in-control payments. Employee count not explicitly stated in this filing. | ||
| 2018-03-31 | restructuring | in_progress | 9,200 | USD 0 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | Expected positions to be eliminated | |||||
| 2018-03-31 | restructuring | in_progress | Committed restructuring liabilities assumed from Tyco Merger [Member] | USD 56,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2018-03-31 | restructuring | in_progress | Guarantor Subsidiaries [Member] | USD 0 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2018-03-31 | restructuring | in_progress | Non-Guarantor Subsidiaries [Member] | USD 158,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2018-03-31 | restructuring | in_progress | Parent Company [Member] | USD 0 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2018-03-31 | restructuring | in_progress | Subsidiary Issuer [Member] | USD 0 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2018-03-31 | restructuring | in_progress | Consolidation, Eliminations [Member] | USD 0 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2018-03-31 | restructuring | in_progress | 2018 Restructuring Plan [Member] | USD 158,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2018-03-31 | restructuring | in_progress | 2018 Restructuring Plan [Member] / Building Solutions Asia Pacific [Member] | USD 14,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2018-03-31 | restructuring | in_progress | 2018 Restructuring Plan [Member] / Building Solutions EMEA/LA [Member] | USD 32,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2018-03-31 | restructuring | in_progress | 2018 Restructuring Plan [Member] / Building Solutions North America [Member] | USD 8,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2018-03-31 | restructuring | in_progress | 2018 Restructuring Plan [Member] / Global Products [Member] | USD 76,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2018-03-31 | restructuring | in_progress | 2018 Restructuring Plan [Member] / Power Solutions [Member] | USD 4,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2018-03-31 | restructuring | in_progress | 2018 Restructuring Plan [Member] / Corporate Segment [Member] | USD 24,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2018-03-31 | restructuring | in_progress | 7,300 | Building Technologies & Solutions [Member] | restructuring_footnote f5-10q / no-ai-xblr | Expected positions to be eliminated | |||||
| 2018-03-31 | restructuring | in_progress | 200 | Power Solutions [Member] | restructuring_footnote f5-10q / no-ai-xblr | Expected positions to be eliminated | |||||
| 2018-03-31 | restructuring | in_progress | 1,700 | Corporate Segment [Member] | restructuring_footnote f5-10q / no-ai-xblr | Expected positions to be eliminated | |||||
| 2017-12-31 | restructuring | in_progress | 2017-10-01 | 2020-12-31 | Global Products | USD 76 (millions) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Fiscal 2018 restructuring plan; costs consist primarily of workforce reductions, plant closures and asset impairments; expected to be substantially complete in 2020. | |||
| 2017-12-31 | restructuring | in_progress | 2017-10-01 | 2020-12-31 | Building Solutions EMEA/LA | USD 32 (millions) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Fiscal 2018 restructuring plan; expected to be substantially complete in 2020. | |||
| 2017-12-31 | restructuring | in_progress | 2017-10-01 | 2020-12-31 | Corporate | USD 24 (millions) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Fiscal 2018 restructuring plan; expected to be substantially complete in 2020. | |||
| 2017-12-31 | restructuring | in_progress | 2017-10-01 | 2020-12-31 | Building Solutions Asia Pacific | USD 14 (millions) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Fiscal 2018 restructuring plan; expected to be substantially complete in 2020. | |||
| 2017-12-31 | restructuring | in_progress | 2017-10-01 | 2020-12-31 | Building Solutions North America | USD 8 (millions) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Fiscal 2018 restructuring plan; expected to be substantially complete in 2020. | |||
| 2017-12-31 | restructuring | in_progress | 2017-10-01 | 2020-12-31 | Power Solutions | USD 4 (millions) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Fiscal 2018 restructuring plan; expected to be substantially complete in 2020. | |||
| 2017-12-31 | reduction_in_force | in_progress | 9,200 | Building Technologies & Solutions (7,300), Corporate (1,700), Power Solutions (200) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Combined workforce reductions of approximately 9,200 employees across the fiscal 2016, 2017 and 2018 restructuring plans; approximately 1,800 employees separated as of December 31, 2017. | |||||
| 2017-12-31 | plant_closure | in_progress | Building Technologies & Solutions | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Restructuring plans included eleven plant closures in the Building Technologies & Solutions business; four of the eleven plants closed as of December 31, 2017. | ||||||
| 2017-12-31 | restructuring | in_progress | 2020 | Building Technologies & Solutions, Power Solutions, and Corporate | USD 158 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | 2018 Plan committed in fiscal 2018; $158M is total incurred to date and total expected. Reserve of $128M at 2017-12-31 expected to be paid in cash; expected annual operating cost reduction of approximately $150M. Per-plan headcount not disclosed; combined across the 2016, 2017 and 2018 plans, workforce reductions totaled approximately 9,200 employees (7,300 Building Technologies & Solutions, 1,700 Corporate, 200 Power Solutions), with approximately 1,800 employees separated as of 2017-12-31. | ||||
| 2017-12-31 | restructuring | in_progress | 2018-09-30 | Building Technologies & Solutions, Power Solutions, and Corporate | USD 367 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | 2017 Plan committed in fiscal 2017; $367M is total incurred to date and total expected. Reserve of $211M at 2017-12-31 expected to be paid in cash; expected annual operating cost reduction of approximately $280M. Per-plan headcount not disclosed; see combined 9,200-employee figure noted on the 2018 Plan record. | ||||
| 2017-12-31 | restructuring | in_progress | 2018-09-30 | Building Technologies & Solutions, Power Solutions, and Corporate | USD 288 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | 2016 Plan committed in fiscal 2016; $288M is total incurred to date and total expected. Reserve of $86M at 2017-12-31 expected to be paid in cash; includes $56M of committed Tyco restructuring reserves assumed in the acquisition. Expected annual operating cost reduction of approximately $135M. Per-plan headcount not disclosed; see combined 9,200-employee figure noted on the 2018 Plan record. | ||||
| 2017-12-31 | plant_closure | in_progress | Building Technologies & Solutions | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | The 2016, 2017 and 2018 restructuring plans included eleven plant closures in Building Technologies & Solutions; four of the eleven had closed as of 2017-12-31. No per-plant employee counts disclosed; these closures are components of the restructuring records above. | ||||||
| 2017-12-31 | restructuring | in_progress | 9,200 | 2017-10-01 | 2020-09-30 | Global | Building Technologies & Solutions, Power Solutions, Corporate | USD 158 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Fiscal 2018 Plan. Includes workforce reductions of approx. 9,200 employees (7,300 Buildings, 1,700 Corporate, 200 Power Solutions). As of Dec 31, 2017, approx. 1,800 employees separated. Includes 11 plant closures in Buildings (4 closed as of Dec 31, 2017). Expected substantially complete in 2020. | |
| 2017-12-31 | restructuring | in_progress | 2016-10-01 | 2018-09-30 | Global | Building Technologies & Solutions, Power Solutions, Corporate | USD 367 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Fiscal 2017 Plan. Workforce reduction count not explicitly stated in this footnote, though costs recorded. Expected substantially complete in fiscal 2018. | ||
| 2017-12-31 | restructuring | in_progress | 2015-10-01 | 2018-09-30 | Global | Building Technologies & Solutions, Power Solutions, Corporate | USD 288 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Fiscal 2016 Plan. Workforce reduction count not explicitly stated in this footnote. Expected substantially complete in fiscal 2018. | ||
| 2017-12-31 | restructuring | in_progress | Guarantor Subsidiaries [Member] | USD 0 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2017-12-31 | restructuring | in_progress | Non-Guarantor Subsidiaries [Member] | USD 158,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2017-12-31 | restructuring | in_progress | Parent Company [Member] | USD 0 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2017-12-31 | restructuring | in_progress | Subsidiary Issuer [Member] | USD 0 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2017-12-31 | restructuring | in_progress | Consolidation, Eliminations [Member] | USD 0 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2017-12-31 | restructuring | in_progress | Fixed Asset Impairment [Member] / 2018 Restructuring Plan [Member] | USD 30,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2017-12-31 | restructuring | in_progress | Employee Severance [Member] / 2018 Restructuring Plan [Member] | USD 125,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2017-12-31 | restructuring | in_progress | Other Restructuring [Member] / 2018 Restructuring Plan [Member] | USD 3,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2017-12-31 | restructuring | in_progress | 2018 Restructuring Plan [Member] / Building Solutions Asia Pacific [Member] | USD 14,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2017-12-31 | restructuring | in_progress | 2018 Restructuring Plan [Member] / Building Solutions EMEA/LA [Member] | USD 32,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2017-12-31 | restructuring | in_progress | 2018 Restructuring Plan [Member] / Building Solutions North America [Member] | USD 8,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2017-12-31 | restructuring | in_progress | 2018 Restructuring Plan [Member] / Global Products [Member] | USD 76,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2017-12-31 | restructuring | in_progress | 2018 Restructuring Plan [Member] / Power Solutions [Member] | USD 4,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2017-12-31 | restructuring | in_progress | 2018 Restructuring Plan [Member] / Corporate Segment [Member] | USD 24,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2017-12-31 | restructuring | in_progress | Committed restructuring liabilities assumed from Tyco Merger [Member] | USD 56,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2017-12-31 | restructuring | in_progress | 9,200 | USD 158,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | Expected positions to be eliminated | |||||
| 2017-12-31 | restructuring | in_progress | 2018 Restructuring Plan [Member] | USD 158,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2017-12-31 | restructuring | in_progress | 7,300 | Building Technologies & Solutions [Member] | restructuring_footnote f5-10q / no-ai-xblr | Expected positions to be eliminated | |||||
| 2017-12-31 | restructuring | in_progress | 200 | Power Solutions [Member] | restructuring_footnote f5-10q / no-ai-xblr | Expected positions to be eliminated | |||||
| 2017-12-31 | restructuring | in_progress | 1,700 | Corporate Segment [Member] | restructuring_footnote f5-10q / no-ai-xblr | Expected positions to be eliminated | |||||
| 2017-09-30 | restructuring | in_progress | 4,800 | 2018-09-30 | Global | Building Technologies & Solutions | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Headcount is cumulative across the FY2016 and FY2017 restructuring plans through fiscal year-end; approximately 1,600 employees in total had been separated as of 2017-09-30. Program includes ten plant closures in this business, four completed as of 2017-09-30. Combined plan charges were $367M (FY2017) and $288M (FY2016). | |||
| 2017-09-30 | restructuring | in_progress | 1,200 | 2018-09-30 | Global | Corporate | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Headcount is cumulative across the FY2016 and FY2017 restructuring plans through fiscal year-end; approximately 1,600 employees in total had been separated as of 2017-09-30. Corporate restructuring charges were $166M (FY2017) and $161M (FY2016). | |||
| 2017-09-30 | restructuring | in_progress | 100 | 2018-09-30 | Global | Power Solutions | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Headcount is cumulative across the FY2016 and FY2017 restructuring plans through fiscal year-end; approximately 1,600 employees in total had been separated as of 2017-09-30. Power Solutions restructuring charges were $20M (FY2017) and $66M (FY2016). | |||
| 2017-09-30 | divestiture_reduction | completed | 2016-10-31 | Global | Automotive Experience (Adient) | discontinued_operations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Spin-off of the Automotive Experience business completed 2016-10-31; no employee count disclosed. Net assets of approximately $4.0 billion divested. | ||||
| 2017-09-30 | divestiture_reduction | completed | 2017-10-04 | Global | Global Products — Scott Safety | subsequent_events f5-10k / MiMo-V2.6-Flash-fp8-HTML | Definitive agreement signed in Q2 fiscal 2017 to sell Scott Safety to 3M for approximately $2.0 billion; transaction closed 2017-10-04, after fiscal year-end. Net cash proceeds of approximately $1.9 billion used to repay merger-related term loan. No employee count disclosed. | ||||
| 2017-09-30 | divestiture_reduction | completed | 2017-03-31 | South Africa | Building Solutions EMEA/LA — ADT security business | discontinued_operations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Sale completed in Q2 fiscal 2017 for $129 million net of cash divested; goodwill of $92 million reduced in assets held for sale. No employee count disclosed. | ||||
| 2017-09-30 | restructuring | in_progress | 6,100 | 2017-01-01 | 2018-09-30 | Global | Building Technologies & Solutions, Power Solutions, Corporate | USD 367 (millions) | MD&A f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML | Fiscal 2017 restructuring plan. Includes workforce reductions, plant closures, and asset impairments. Expected to be substantially complete in fiscal 2018. | |
| 2017-09-30 | divestiture_reduction | completed | 2016-10-31 | 2016-10-31 | Global | Automotive Experience | Item 1. Business f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML | Spin-off of Adient plc completed on October 31, 2016. Automotive Experience business transferred to Adient. | |||
| 2017-09-30 | restructuring | in_progress | 6,100 | 2017-01-01 | 2018-09-30 | Global | Building Technologies & Solutions, Power Solutions, Corporate | USD 367 (millions) | restructuring_footnote f5-10k / Qwen3.6-27B-Q8_0 | Fiscal 2017 Plan: Workforce reductions of approximately 6,100 employees (4,800 Buildings, 1,200 Corporate, 100 Power Solutions). Includes 10 plant closures. Expected to be substantially complete in fiscal 2018. | |
| 2017-09-30 | restructuring | in_progress | 2016-10-01 | 2018-09-30 | Global | Building Technologies & Solutions, Power Solutions, Corporate | USD 288 (millions) | restructuring_footnote f5-10k / Qwen3.6-27B-Q8_0 | Fiscal 2016 Plan: Costs consist primarily of workforce reductions, plant closures, asset impairments. Expected to be substantially complete in fiscal 2018. Specific headcount for this plan not explicitly separated from 2017 plan in narrative, but charge is distinct. | ||
| 2017-09-30 | restructuring | in_progress | 6,100 | USD 367,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | Expected positions to be eliminated | |||||
| 2017-09-30 | restructuring | in_progress | Guarantor Subsidiaries [Member] | USD 0 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2017-09-30 | restructuring | in_progress | Non-Guarantor Subsidiaries [Member] | USD 367,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2017-09-30 | restructuring | in_progress | Parent Company [Member] | USD 0 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2017-09-30 | restructuring | in_progress | Subsidiary Issuer [Member] | USD 0 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2017-09-30 | restructuring | in_progress | Building Technologies & Solutions [Member] / Building Solutions Asia Pacific [Member] | USD -16,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2017-09-30 | restructuring | in_progress | Building Technologies & Solutions [Member] / Building Solutions EMEA/LA [Member] | USD -74,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2017-09-30 | restructuring | in_progress | Building Technologies & Solutions [Member] / Building Solutions North America [Member] | USD -59,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2017-09-30 | restructuring | in_progress | Building Technologies & Solutions [Member] / Global Products [Member] | USD -32,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2017-09-30 | restructuring | in_progress | 100 | Power Solutions [Member] | USD -20,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | Expected positions to be eliminated | ||||
| 2017-09-30 | restructuring | in_progress | 1,200 | Corporate Segment [Member] | USD -166,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | Expected positions to be eliminated | ||||
| 2017-09-30 | restructuring | in_progress | Consolidation, Eliminations [Member] | USD 0 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2017-09-30 | restructuring | in_progress | Currency Translation [Member] / 2017 Restructuring Plan [Member] | USD 0 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2017-09-30 | restructuring | in_progress | Fixed Asset Impairment [Member] / 2017 Restructuring Plan [Member] | USD 77,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2017-09-30 | restructuring | in_progress | Employee Severance [Member] / 2017 Restructuring Plan [Member] | USD 276,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2017-09-30 | restructuring | in_progress | Other Restructuring [Member] / 2017 Restructuring Plan [Member] | USD 14,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2017-09-30 | restructuring | in_progress | 2017 Restructuring Plan [Member] | USD 367,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2017-09-30 | restructuring | in_progress | 2017 Restructuring Plan [Member] / Building Solutions Asia Pacific [Member] / Continuing Operations [Member] | USD 16,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2017-09-30 | restructuring | in_progress | 2017 Restructuring Plan [Member] / Building Solutions EMEA/LA [Member] / Continuing Operations [Member] | USD 74,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2017-09-30 | restructuring | in_progress | 2017 Restructuring Plan [Member] / Building Solutions North America [Member] / Continuing Operations [Member] | USD 59,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2017-09-30 | restructuring | in_progress | 2017 Restructuring Plan [Member] / Global Products [Member] / Continuing Operations [Member] | USD 32,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2017-09-30 | restructuring | in_progress | 2017 Restructuring Plan [Member] / Power Solutions [Member] / Continuing Operations [Member] | USD 20,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2017-09-30 | restructuring | in_progress | 2017 Restructuring Plan [Member] / Corporate Segment [Member] / Continuing Operations [Member] | USD 166,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2017-09-30 | restructuring | in_progress | 2017 Restructuring Plan [Member] / Continuing Operations [Member] | USD 367,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2017-09-30 | restructuring | in_progress | 4,800 | Building Technologies & Solutions [Member] | restructuring_footnote f5-10k / no-ai-xblr | Expected positions to be eliminated | |||||
| 2017-06-30 | restructuring | in_progress | 2016-10-01 | 2018-09-30 | Building Technologies & Solutions, Power Solutions, Corporate | USD 226 (millions) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Fiscal 2017 restructuring plan; costs consist primarily of workforce reductions, plant closures and asset impairments; expected to be substantially complete in fiscal 2018. | |||
| 2017-06-30 | restructuring | in_progress | 2015-10-01 | 2018-09-30 | Building Technologies & Solutions, Power Solutions, Corporate | USD 288 (millions) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Fiscal 2016 restructuring plan including $74 million of committed Tyco restructuring actions; expected to be substantially complete in fiscal 2018. | |||
| 2017-06-30 | reduction_in_force | in_progress | 5,400 | 2015-10-01 | Building Technologies & Solutions (4,300) and Corporate (1,100) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Combined workforce reductions under fiscal 2017 and 2016 plans; approximately 1,400 employees separated as of June 30, 2017. | ||||
| 2017-06-30 | plant_closure | in_progress | 2015-10-01 | Building Technologies & Solutions | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Twelve plant closures included in the restructuring plans; four of the twelve plants closed as of June 30, 2017. | |||||
| 2017-06-30 | divestiture_reduction | completed | 2016-10-31 | 2016-10-31 | Automotive Experience business (Adient plc) | USD 4,038 (millions) | other f5-10q / GLM-5.3-flash-fp4-HTML | Spin-off of Adient completed October 31, 2016; Company divested net assets of $4,038 million and retained no equity interest. | |||
| 2017-06-30 | restructuring | in_progress | 5,400 | 2018-09-30 | Global | Building Technologies & Solutions (4,300); Corporate (1,100) | USD 226 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Combined fiscal 2017 and 2016 plans; 2017 plan charge $226M, 2016 plan charge $288M. Approximately 1,400 employees separated as of 2017-06-30. Actions expected substantially complete in fiscal 2018. | ||
| 2017-06-30 | plant_closure | in_progress | 2018-09-30 | Global | Building Technologies & Solutions | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Twelve plant closures included in fiscal 2017 and 2016 restructuring plans; four of twelve closed as of 2017-06-30. Workforce reductions from closures are included in the 5,400 combined restructuring count. | ||||
| 2017-06-30 | restructuring | in_progress | 5,400 | 2017-01-01 | 2018-09-30 | Global | Building Technologies & Solutions, Power Solutions, Corporate | USD 226 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Fiscal 2017 Plan includes workforce reductions of approximately 5,400 employees (4,300 Building Technologies & Solutions, 1,100 Corporate). As of June 30, 2017, approximately 1,400 employees have been separated. Includes 12 plant closures (4 closed as of June 30, 2017). | |
| 2017-06-30 | restructuring | in_progress | 2016-10-01 | 2018-09-30 | Global | Building Technologies & Solutions, Power Solutions, Corporate | USD 288 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Fiscal 2016 Plan. Specific employee count not disclosed in this filing, but costs consist primarily of workforce reductions, plant closures, asset impairments and change-in-control payments. | ||
| 2017-06-30 | restructuring | in_progress | 5,400 | USD 49,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | Expected positions to be eliminated | |||||
| 2017-06-30 | restructuring | in_progress | Guarantor Subsidiaries [Member] | USD 0 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2017-06-30 | restructuring | in_progress | Non-Guarantor Subsidiaries [Member] | USD 49,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2017-06-30 | restructuring | in_progress | Parent Company [Member] | USD 0 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2017-06-30 | restructuring | in_progress | Subsidiary Issuer [Member] | USD 0 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2017-06-30 | restructuring | in_progress | Consolidation, Eliminations [Member] | USD 0 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2017-06-30 | restructuring | in_progress | Fixed Asset Impairment [Member] / 2017 Restructuring Plan [Member] | USD 31,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2017-06-30 | restructuring | in_progress | Employee Severance [Member] / 2017 Restructuring Plan [Member] | USD 16,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2017-06-30 | restructuring | in_progress | Other Restructuring [Member] / 2017 Restructuring Plan [Member] | USD 2,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2017-06-30 | restructuring | in_progress | 2017 Restructuring Plan [Member] | USD 49,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2017-06-30 | restructuring | in_progress | 2017 Restructuring Plan [Member] / Continuing Operations [Member] | USD 49,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2017-06-30 | restructuring | in_progress | 2017 Restructuring Plan [Member] / Building Efficiency Asia [Member] / Continuing Operations [Member] | USD 9,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2017-06-30 | restructuring | in_progress | 2017 Restructuring Plan [Member] / Building Efficiency Products North America [Member] / Continuing Operations [Member] | USD 27,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2017-06-30 | restructuring | in_progress | 2017 Restructuring Plan [Member] / Building Efficiency Rest of World [Member] / Continuing Operations [Member] | USD 20,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2017-06-30 | restructuring | in_progress | 2017 Restructuring Plan [Member] / Building Efficiency Systems and Service North America [Member] / Continuing Operations [Member] | USD 14,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2017-06-30 | restructuring | in_progress | 2017 Restructuring Plan [Member] / Building Technologies & Solutions Tyco [Member] / Continuing Operations [Member] | USD 73,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2017-06-30 | restructuring | in_progress | 2017 Restructuring Plan [Member] / Power Solutions [Member] / Continuing Operations [Member] | USD 4,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2017-06-30 | restructuring | in_progress | 2017 Restructuring Plan [Member] / Corporate Segment [Member] / Continuing Operations [Member] | USD 79,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2017-06-30 | restructuring | in_progress | 4,300 | Building Technologies & Solutions [Member] | restructuring_footnote f5-10q / no-ai-xblr | Expected positions to be eliminated | |||||
| 2017-06-30 | restructuring | in_progress | 1,100 | Corporate Segment [Member] | restructuring_footnote f5-10q / no-ai-xblr | Expected positions to be eliminated | |||||
| 2017-03-31 | restructuring | in_progress | 3,900 | 2018-09-30 | Building Technologies & Solutions | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Fiscal 2017 restructuring plan workforce reductions of approximately 4,500 employees split as 3,900 for Building Technologies & Solutions and 600 for Corporate; actions expected substantially complete in fiscal 2018. | ||||
| 2017-03-31 | restructuring | in_progress | 600 | 2018-09-30 | Corporate | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Corporate portion of the fiscal 2017 plan's approximately 4,500 total workforce reductions. | ||||
| 2017-03-31 | plant_closure | in_progress | 2018-09-30 | Building Technologies & Solutions | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Twelve plant closures included in the fiscal 2017 restructuring plans; four of the twelve plants closed as of March 31, 2017. | |||||
| 2017-03-31 | restructuring | in_progress | 2018-09-30 | Building Technologies & Solutions; Power Solutions; Corporate | USD 288 (millions) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Fiscal 2016 plan recorded $288 million of restructuring and impairment costs in continuing operations; includes $74 million of committed Tyco restructuring actions for liabilities assumed in the Tyco acquisition; expected substantially complete in fiscal 2018. | ||||
| 2017-03-31 | divestiture_reduction | completed | 2016-10-31 | 2016-10-31 | Automotive Experience (Adient) | other f5-10q / GLM-5.3-flash-fp4-HTML | Spin-off of Automotive Experience business to Adient plc completed October 31, 2016; headcount transferred with the business but no employee count disclosed. | ||||
| 2017-03-31 | restructuring | in_progress | 3,900 | 2018-09-30 | Global | Building Technologies & Solutions | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Combined workforce reduction across the fiscal 2017 Plan ($177M charge) and fiscal 2016 Plan ($288M charge). Approximately 900 of the combined ~4,500 employees across both plans had been separated as of 2017-03-31. Charges not attributed to this segment-level employee count breakdown. | |||
| 2017-03-31 | restructuring | in_progress | 600 | 2018-09-30 | Global | Corporate | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Combined workforce reduction across the fiscal 2017 Plan and fiscal 2016 Plan. Approximately 900 of the combined ~4,500 employees across both plans had been separated as of 2017-03-31. Charges not attributed to this segment-level employee count breakdown. | |||
| 2017-03-31 | plant_closure | in_progress | 2018-09-30 | Global | Building Technologies & Solutions | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Twelve plant closures included in the fiscal 2017 and 2016 restructuring plans; four of twelve plants closed as of 2017-03-31. Employee counts per plant not disclosed. | ||||
| 2017-03-31 | divestiture_reduction | completed | 2016-10-31 | 2016-10-31 | Global | Automotive Experience (Adient) | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Spin-off of Automotive Experience business to Adient plc completed 2016-10-31. Employee headcount removed not disclosed in this filing. | |||
| 2017-03-31 | divestiture_reduction | announced | 2017-12-31 | Global | Tyco — Scott Safety | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Definitive agreement signed in Q2 FY2017 to sell Scott Safety to 3M for ~$2.0B; expected to close in second half of calendar 2017. Employee headcount not disclosed. | ||||
| 2017-03-31 | restructuring | in_progress | 4,500 | 2016-10-01 | 2018-09-30 | Global | Building Technologies & Solutions and Corporate | USD 177 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Fiscal 2017 Plan includes workforce reductions of approx. 4,500 employees (3,900 Building Technologies & Solutions, 600 Corporate). As of March 31, 2017, approx. 900 employees separated. Includes 12 plant closures (4 closed as of March 31, 2017). Charges recorded YTD: $177 million. | |
| 2017-03-31 | restructuring | in_progress | 2015-10-01 | 2018-09-30 | Global | Building Technologies & Solutions, Power Solutions, and Corporate | USD 288 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Fiscal 2016 Plan. Total charges incurred to date: $288 million. Includes workforce reductions, plant closures, and asset impairments. Expected to be substantially complete in fiscal 2018. | ||
| 2017-03-31 | restructuring | in_progress | 4,500 | USD 99,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | Expected positions to be eliminated | |||||
| 2017-03-31 | restructuring | in_progress | Guarantor Subsidiaries [Member] | USD 0 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2017-03-31 | restructuring | in_progress | Non-Guarantor Subsidiaries [Member] | USD 99,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2017-03-31 | restructuring | in_progress | Parent Company [Member] | USD 0 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2017-03-31 | restructuring | in_progress | Subsidiary Issuer [Member] | USD 0 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2017-03-31 | restructuring | in_progress | Consolidation, Eliminations [Member] | USD 0 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2017-03-31 | restructuring | in_progress | Fixed Asset Impairment [Member] / 2017 Restructuring Plan [Member] | USD 23,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2017-03-31 | restructuring | in_progress | Employee Severance [Member] / 2017 Restructuring Plan [Member] | USD 67,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2017-03-31 | restructuring | in_progress | Other Restructuring [Member] / 2017 Restructuring Plan [Member] | USD 9,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2017-03-31 | restructuring | in_progress | 2017 Restructuring Plan [Member] | USD 99,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2017-03-31 | restructuring | in_progress | 2017 Restructuring Plan [Member] / Continuing Operations [Member] | USD 99,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2017-03-31 | restructuring | in_progress | 2017 Restructuring Plan [Member] / Building Efficiency Asia [Member] / Continuing Operations [Member] | USD 9,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2017-03-31 | restructuring | in_progress | 2017 Restructuring Plan [Member] / Building Efficiency Products North America [Member] / Continuing Operations [Member] | USD 27,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2017-03-31 | restructuring | in_progress | 2017 Restructuring Plan [Member] / Building Efficiency Rest of World [Member] / Continuing Operations [Member] | USD 16,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2017-03-31 | restructuring | in_progress | 2017 Restructuring Plan [Member] / Building Efficiency Systems and Service North America [Member] / Continuing Operations [Member] | USD 9,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2017-03-31 | restructuring | in_progress | 2017 Restructuring Plan [Member] / Building Technologies & Solutions Tyco [Member] / Continuing Operations [Member] | USD 49,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2017-03-31 | restructuring | in_progress | 2017 Restructuring Plan [Member] / Corporate Segment [Member] / Continuing Operations [Member] | USD 67,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2017-03-31 | restructuring | in_progress | 3,900 | Building Technologies & Solutions [Member] | restructuring_footnote f5-10q / no-ai-xblr | Expected positions to be eliminated | |||||
| 2017-03-31 | restructuring | in_progress | 600 | Corporate Segment [Member] | restructuring_footnote f5-10q / no-ai-xblr | Expected positions to be eliminated | |||||
| 2016-12-31 | restructuring | in_progress | 2,400 | 2016-10-01 | 2017-12-31 | Building Technologies & Solutions | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Fiscal 2017 plan workforce reductions of approximately 3,200 employees split as 2,400 for Building Technologies & Solutions and 800 for Corporate; includes ten plant closures in Building Technologies & Solutions, of which one closed as of December 31, 2016; approximately 300 employees separated as of quarter-end; actions expected substantially complete in 2017. | |||
| 2016-12-31 | restructuring | in_progress | 800 | 2016-10-01 | 2017-12-31 | Corporate | USD 65 (millions) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Corporate portion of the fiscal 2017 restructuring plan; $65 million of the $78 million total restructuring and impairment costs related to Corporate. | ||
| 2016-12-31 | restructuring | in_progress | 2015-10-01 | 2018-09-30 | Building Technologies & Solutions; Power Solutions; Corporate | USD 288 (millions) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Fiscal 2016 plan recorded $288 million of restructuring and impairment costs in continuing operations; includes $73 million of committed Tyco restructuring actions assumed in the Tyco Merger; reserve balance $197 million at December 31, 2016 expected to be paid in cash; actions expected substantially complete in fiscal 2018. | |||
| 2016-12-31 | divestiture_reduction | completed | 2016-10-31 | 2016-10-31 | Automotive Experience (Adient) | other f5-10q / GLM-5.3-flash-fp4-HTML | Spin-off of Automotive Experience business to Adient plc completed October 31, 2016; Company retained no equity interest; headcount removed not quantified in this filing. | ||||
| 2016-12-31 | restructuring | in_progress | 2,400 | 2018-09-30 | Global | Building Technologies & Solutions | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Planned count combining fiscal 2016 and 2017 restructuring plans; approximately 300 employees separated across both plans as of 2016-12-31. 2017 Plan charge $78M (substantially complete in 2017); 2016 Plan charge $288M (substantially complete in fiscal 2018). Charges cannot be attributed to this segment-level employee count. | |||
| 2016-12-31 | restructuring | in_progress | 800 | 2018-09-30 | Global | Corporate | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Planned count combining fiscal 2016 and 2017 restructuring plans; approximately 300 employees separated across both plans as of 2016-12-31. 2017 Plan charge $78M (substantially complete in 2017); 2016 Plan charge $288M (substantially complete in fiscal 2018). Charges cannot be attributed to this segment-level employee count. | |||
| 2016-12-31 | plant_closure | in_progress | 2018-09-30 | Global | Building Technologies & Solutions | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Ten plant closures planned across the combined fiscal 2016 and 2017 restructuring plans; one plant closed as of 2016-12-31. Employee count per plant not disclosed. | ||||
| 2016-12-31 | divestiture_reduction | completed | 2016-10-31 | 2016-10-31 | Global | Automotive Experience (Adient) | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Spin-off of Automotive Experience business to Adient plc completed 2016-10-31; no employee count disclosed for the transferred workforce. Adient results reclassified as discontinued operations. | |||
| 2016-12-31 | restructuring | in_progress | 3,200 | 2016-10-01 | 2017-09-30 | Global | Building Technologies & Solutions and Corporate | USD 78 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Fiscal 2017 Plan includes workforce reductions of approx. 3,200 employees (2,400 Building Technologies & Solutions, 800 Corporate). $78M recorded in Q1 FY2017. Expected substantially complete in 2017. | |
| 2016-12-31 | restructuring | in_progress | 2015-10-01 | 2018-09-30 | Global | Building Technologies & Solutions, Power Solutions, and Corporate | USD 288 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Fiscal 2016 Plan. Total amount incurred to date is $288M. Expected substantially complete in fiscal 2018. Employee count not explicitly stated for this plan in this filing. | ||
| 2016-12-31 | divestiture_reduction | completed | 2016-10-31 | 2016-10-31 | Global | Automotive Experience (Adient) | discontinued_operations_footnote f5-10q / Qwen3.6-27B-Q8_0 | Spin-off of Automotive Experience business (Adient) completed Oct 31, 2016. Classified as discontinued operation. Specific headcount removed not disclosed. | |||
| 2016-12-31 | restructuring | in_progress | Guarantor Subsidiaries [Member] | USD 0 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2016-12-31 | restructuring | in_progress | Non-Guarantor Subsidiaries [Member] | USD 78,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2016-12-31 | restructuring | in_progress | Parent Company [Member] | USD 0 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2016-12-31 | restructuring | in_progress | Subsidiary Issuer [Member] | USD 0 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2016-12-31 | restructuring | in_progress | Consolidation, Eliminations [Member] | USD 0 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2016-12-31 | restructuring | in_progress | Automotive Experience [Member] / 2016 Restructuring Plan [Member] / Discontinued Operations [Member] | USD 332,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2016-12-31 | restructuring | in_progress | Fixed Asset Impairment [Member] / 2017 Restructuring Plan [Member] | USD 15,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2016-12-31 | restructuring | in_progress | Employee Severance [Member] / 2017 Restructuring Plan [Member] | USD 62,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2016-12-31 | restructuring | in_progress | Other Restructuring [Member] / 2017 Restructuring Plan [Member] | USD 1,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2016-12-31 | restructuring | in_progress | 2016 Restructuring Plan [Domain] / Continuing Operations [Member] | USD 78,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2016-12-31 | restructuring | in_progress | 2017 Restructuring Plan [Member] | USD 78,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2016-12-31 | restructuring | in_progress | 2017 Restructuring Plan [Member] / Building Efficiency Asia [Member] / Continuing Operations [Member] | USD 6,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2016-12-31 | restructuring | in_progress | 2017 Restructuring Plan [Member] / Building Efficiency Rest of World [Member] / Continuing Operations [Member] | USD 2,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2016-12-31 | restructuring | in_progress | 2017 Restructuring Plan [Member] / Building Technologies & Solutions Tyco [Member] / Continuing Operations [Member] | USD 5,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2016-12-31 | restructuring | in_progress | 2017 Restructuring Plan [Member] / Corporate Segment [Member] / Continuing Operations [Member] | USD 65,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2016-12-31 | restructuring | in_progress | 3,200 | USD 78,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | Expected positions to be eliminated | |||||
| 2016-12-31 | restructuring | in_progress | Currency Translation [Member] / 2016 Restructuring Plan [Member] / Transfer To Held for Sale [Member] | USD 0 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2016-12-31 | restructuring | in_progress | Fixed Asset Impairment [Member] / 2016 Restructuring Plan [Member] / Transfer To Held for Sale [Member] | USD 0 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2016-12-31 | restructuring | in_progress | 2,400 | Building Technologies & Solutions [Member] | restructuring_footnote f5-10q / no-ai-xblr | Expected positions to be eliminated | |||||
| 2016-12-31 | restructuring | in_progress | 800 | Corporate Segment [Member] | restructuring_footnote f5-10q / no-ai-xblr | Expected positions to be eliminated | |||||
| 2016-09-30 | restructuring | in_progress | 2018-09-30 | Global | Automotive Experience, Buildings, Power Solutions and Corporate | USD 620 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | FY2016 Plan charge of $620M ($229M Q2, $102M Q3, $289M Q4); reserve balance $445M at year-end, including $78M of Tyco restructuring liabilities assumed in the merger. Expected to reduce annual operating costs by approximately $300M, substantially realized by end of fiscal 2018. Employee-count impact not separately disclosed for this plan. | |||
| 2016-09-30 | restructuring | in_progress | 18,900 | 2018-09-30 | Global | Automotive Experience (11,200), Buildings (6,700), Power Solutions (900), Corporate (100) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Cumulative through fiscal year-end across the fiscal 2016, 2015, 2014 and 2013 restructuring plans; approximately 11,800 of these employees had been separated as of 2016-09-30. Not attributable to FY2016 alone. | |||
| 2016-09-30 | plant_closure | in_progress | 2018-09-30 | Global | Automotive Experience (22 plants), Buildings (8 plants) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Thirty plant closures included in the fiscal 2013-2016 restructuring plans; twelve of the thirty had been closed as of 2016-09-30. Headcount associated with closures not separately disclosed. | ||||
| 2016-09-30 | acquisition_addition | completed | 2016-01-24 | 2016-09-02 | Global | Buildings — Tyco (security, fire detection and suppression, life safety) | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Tyco merger completed 2016-09-02; accounted for as a reverse acquisition with JCI Inc. as accounting acquirer. Tyco headcount added is not disclosed; Tyco represented approximately 44% of consolidated total assets at year-end. Workforce total rose from approximately 139,000 (FY2015) to approximately 209,000 (FY2016). | |||
| 2016-09-30 | divestiture_reduction | completed | 2015-07-24 | 2016-10-31 | Global | Automotive Experience (seating and interiors) — spun off as Adient plc | subsequent_events f5-10k / MiMo-V2.6-Flash-fp8-HTML | Spin-off completed 2016-10-31, after fiscal year-end and before the 2016-11-23 filing date; one Adient share for every ten Johnson Controls shares. Adient headcount removed is not disclosed; the business operated approximately 243 manufacturing or assembly plants in 33 countries. Adient results will be reported as a discontinued operation beginning fiscal 2017. | |||
| 2016-09-30 | other | completed | 2016-09-30 | South Africa | Buildings — Tyco security business (classified as held for sale) | discontinued_operations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Tyco security business in South Africa classified as held for sale at 2016-09-30 ($157M assets, $28M liabilities); associated headcount not disclosed. | ||||
| 2016-09-30 | restructuring | in_progress | 18,900 | 2016-01-01 | 2018-09-30 | Global | Automotive Experience, Buildings, Power Solutions, Corporate | USD 620 (millions) | MD&A f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML | Fiscal 2016 restructuring plan affecting approximately 18,900 employees. Includes workforce reductions, plant closures, and asset impairments. Expected to be substantially complete in fiscal 2018. | |
| 2016-09-30 | divestiture_reduction | completed | 2016-10-31 | 2016-10-31 | Global | Automotive Experience | subsequent_events f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML | Spin-off of Automotive Experience business to Adient plc completed October 31, 2016. Specific headcount transferred not disclosed in this filing. | |||
| 2016-09-30 | restructuring | in_progress | 18,900 | 2016-01-01 | 2018-09-30 | Global | Automotive Experience, Buildings, Power Solutions, Corporate | USD 620 (millions) | restructuring_footnote f5-10k / Qwen3.6-27B-Q8_0 | Fiscal 2016 plan includes workforce reductions of approximately 18,900 employees. Expected to be substantially complete in fiscal 2018. | |
| 2016-09-30 | divestiture_reduction | completed | 2016-10-31 | 2016-10-31 | Global | Automotive Experience | subsequent_events f5-10k / Qwen3.6-27B-Q8_0 | Spin-off of Automotive Experience business to Adient plc completed on October 31, 2016. Specific headcount transferred not disclosed. | |||
| 2016-09-30 | restructuring | in_progress | 2016 Restructuring Plan [Member] / Continuing Operations [Member] | USD 289,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2016-09-30 | restructuring | in_progress | 18,900 | USD 620,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | Expected positions to be eliminated | |||||
| 2016-09-30 | restructuring | in_progress | Guarantor Subsidiaries [Member] | USD 0 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2016-09-30 | restructuring | in_progress | Non-Guarantor Subsidiaries [Member] | USD 620,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2016-09-30 | restructuring | in_progress | Parent Company [Member] | USD 0 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2016-09-30 | restructuring | in_progress | Subsidiary Issuer [Member] | USD 0 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2016-09-30 | restructuring | in_progress | Automotive Experience [Member] / Interiors [Member] | USD 17,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2016-09-30 | restructuring | in_progress | Automotive Experience [Member] / Seating [Member] | USD 284,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2016-09-30 | restructuring | in_progress | Building Efficiency [Member] / Building Efficiency Asia [Member] | USD 26,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2016-09-30 | restructuring | in_progress | Building Efficiency [Member] / Building Efficiency Products North America [Domain] | USD 9,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2016-09-30 | restructuring | in_progress | Building Efficiency [Member] / Building Efficiency Rest of World [Member] | USD 16,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2016-09-30 | restructuring | in_progress | Building Efficiency [Member] / Building Efficiency Systems and Service North America [Member] | USD 2,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2016-09-30 | restructuring | in_progress | Buildings [Member] / Buildings Tyco [Member] | USD 85,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2016-09-30 | restructuring | in_progress | 900 | Power Solutions [Member] | USD 66,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | Expected positions to be eliminated | ||||
| 2016-09-30 | restructuring | in_progress | Consolidation, Eliminations [Member] | USD 0 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2016-09-30 | restructuring | in_progress | Currency Translation [Member] / 2016 Restructuring Plan [Member] | USD 0 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2016-09-30 | restructuring | in_progress | Currency Translation [Member] / Committed restructuring liabilities assumed from Tyco Merger [Member] | USD 0 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2016-09-30 | restructuring | in_progress | Fixed Asset Impairment [Member] / 2016 Restructuring Plan [Member] | USD 190,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2016-09-30 | restructuring | in_progress | Fixed Asset Impairment [Member] / Committed restructuring liabilities assumed from Tyco Merger [Member] | USD 0 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2016-09-30 | restructuring | in_progress | Employee Severance [Member] / 2016 Restructuring Plan [Member] | USD 368,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2016-09-30 | restructuring | in_progress | Employee Severance [Member] / Committed restructuring liabilities assumed from Tyco Merger [Member] | USD 78,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2016-09-30 | restructuring | in_progress | Other Restructuring [Member] / 2016 Restructuring Plan [Member] | USD 62,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2016-09-30 | restructuring | in_progress | Other Restructuring [Member] / Committed restructuring liabilities assumed from Tyco Merger [Member] | USD 0 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2016-09-30 | restructuring | in_progress | 2016 Restructuring Plan [Member] | USD 620,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2016-09-30 | restructuring | in_progress | 2016 Restructuring Plan [Member] / Automotive Experience Interiors [Member] / Continuing Operations [Member] | USD 17,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2016-09-30 | restructuring | in_progress | 2016 Restructuring Plan [Member] / Automotive Experience Seating [Member] / Continuing Operations [Member] | USD 284,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2016-09-30 | restructuring | in_progress | 2016 Restructuring Plan [Member] / Building Efficiency Asia [Member] / Continuing Operations [Member] | USD 26,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2016-09-30 | restructuring | in_progress | 2016 Restructuring Plan [Member] / Building Efficiency Products North America [Member] / Continuing Operations [Member] | USD 9,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2016-09-30 | restructuring | in_progress | 2016 Restructuring Plan [Member] / Building Efficiency Rest of World [Member] / Continuing Operations [Member] | USD 16,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2016-09-30 | restructuring | in_progress | 2016 Restructuring Plan [Member] / Building Efficiency Systems and Service North America [Member] / Continuing Operations [Member] | USD 2,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2016-09-30 | restructuring | in_progress | 2016 Restructuring Plan [Member] / Buildings Tyco [Member] / Continuing Operations [Member] | USD 85,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2016-09-30 | restructuring | in_progress | 2016 Restructuring Plan [Member] / Power Solutions [Member] / Continuing Operations [Member] | USD 66,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2016-09-30 | restructuring | in_progress | 2016 Restructuring Plan [Member] / Corporate Segment [Member] / Continuing Operations [Member] | USD 115,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2016-09-30 | restructuring | in_progress | Committed restructuring liabilities assumed from Tyco Merger [Member] | USD 78,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2016-09-30 | restructuring | in_progress | Committed restructuring liabilities assumed from Tyco Merger [Member] / Buildings Tyco [Member] / Continuing Operations [Member] | USD 78,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2016-09-30 | restructuring | in_progress | 11,200 | Automotive Experience [Member] | restructuring_footnote f5-10k / no-ai-xblr | Expected positions to be eliminated | |||||
| 2016-09-30 | restructuring | in_progress | 6,700 | Building Efficiency [Member] | restructuring_footnote f5-10k / no-ai-xblr | Expected positions to be eliminated | |||||
| 2016-09-30 | restructuring | in_progress | 100 | Corporate Segment [Member] | restructuring_footnote f5-10k / no-ai-xblr | Expected positions to be eliminated | |||||
| 2016-06-24 | restructuring | in_progress | NA Integrated Solutions & Services | USD 6 (millions) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Employee severance and benefits charge for the quarter ended June 24, 2016; nine-month charge for this segment was $6 million. | |||||
| 2016-06-24 | restructuring | in_progress | ROW Integrated Solutions & Services | USD 1 (millions) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Employee severance and benefits charge for the quarter ended June 24, 2016; nine-month charge for this segment was $4 million. | |||||
| 2016-06-24 | restructuring | in_progress | Global Products | USD 1 (millions) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Employee severance and benefits charge for the quarter ended June 24, 2016; nine-month total for this segment was $7 million including $1 million facility exit and $1 million SG&A. | |||||
| 2016-06-24 | restructuring | in_progress | Corporate and Other | USD 4 (millions) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Employee severance and benefits charge for the nine months ended June 24, 2016. | |||||
| 2016-06-24 | other | in_progress | Company-wide | USD 8 (millions) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Net repositioning charges of $8 million for the quarter and $19 million for the nine months ended June 24, 2016, primarily professional fees, recorded in SG&A; actions designed to streamline operations and align functions. | |||||
| 2016-06-24 | restructuring | in_progress | Global | All segments and corporate functions | USD 21 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Fiscal 2016 restructuring actions include workforce reductions; no employee count or completion date disclosed. Company expected $35–50M total restructuring charges for fiscal 2016 (excluding repositioning). | ||||
| 2016-06-24 | restructuring | in_progress | 2016-01-01 | Global | NA Integrated Solutions & Services | USD 4 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | 2016 actions: Employee severance and benefits charges for the quarter ended June 24, 2016. | |||
| 2016-06-24 | restructuring | in_progress | 2016-01-01 | Global | ROW Integrated Solutions & Services | USD 1 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | 2016 actions: Employee severance and benefits charges for the quarter ended June 24, 2016. | |||
| 2016-06-24 | restructuring | in_progress | 2016-01-01 | Global | Global Products | USD 1 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | 2016 actions: Employee severance and benefits charges for the quarter ended June 24, 2016. | |||
| 2016-06-24 | restructuring | in_progress | 2015-01-01 | Global | NA Integrated Solutions & Services | USD -1 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | 2015 actions: Employee severance and benefits charges (reversal) for the quarter ended June 24, 2016. | |||
| 2016-06-24 | restructuring | in_progress | Pre 2014 and 2014 Programs [Member] | USD 0 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2016-06-24 | restructuring | in_progress | Program 2015 [Member] | USD 8,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2016-06-24 | restructuring | in_progress | Program 2016 [Member] | USD 22,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2016-03-25 | restructuring | in_progress | ROW Integrated Solutions & Services | USD 2 (millions) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Employee severance and benefits charge for 2016 restructuring actions in the quarter; no employee count disclosed. | |||||
| 2016-03-25 | restructuring | in_progress | Global Products | USD 3 (millions) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Includes $2 million employee severance and benefits and $1 million charges reflected in SG&A for the quarter. | |||||
| 2016-03-25 | restructuring | in_progress | Corporate and Other | USD 1 (millions) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Employee severance and benefits charge for 2016 restructuring actions in the quarter. | |||||
| 2016-03-25 | restructuring | in_progress | NA Integrated Solutions & Services | USD 2 (millions) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Employee severance and benefits charge for 2016 restructuring actions year-to-date. | |||||
| 2016-03-25 | restructuring | in_progress | ROW Integrated Solutions & Services | USD 3 (millions) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Employee severance and benefits charge for 2016 restructuring actions year-to-date. | |||||
| 2016-03-25 | restructuring | in_progress | Global Products | USD 6 (millions) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Includes $4 million employee severance and benefits, $1 million facility exit and other charges, and $1 million SG&A charges year-to-date. | |||||
| 2016-03-25 | restructuring | in_progress | Corporate and Other | USD 4 (millions) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Employee severance and benefits charge for 2016 restructuring actions year-to-date. | |||||
| 2016-03-25 | divestiture_reduction | completed | Australia | ROW Integrated Solutions & Services | USD 75 (millions) | other f5-10q / GLM-5.3-flash-fp4-HTML | Sale of Australian fire protection business completed in Q2 fiscal 2016; pre-tax loss of $75 million for the six months, including $57 million write-down and $31 million cumulative translation loss write-off. No headcount disclosed. | ||||
| 2016-03-25 | acquisition_addition | completed | NA and ROW Integrated Solutions & Services | USD 176 (millions) | business_combinations_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Acquisition of ShopperTrak for approximately $176 million cash in Q2 fiscal 2016; no headcount disclosed. | |||||
| 2016-03-25 | acquisition_addition | completed | United Arab Emirates | ROW Integrated Solutions & Services | USD 128 (millions) | business_combinations_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Additional investment of approximately $128 million in Tyco UAE joint venture in Q1 fiscal 2016; Company now consolidates 100% of Tyco UAE. No headcount disclosed. | ||||
| 2016-03-25 | restructuring | in_progress | 2016-01-01 | Global | NA Integrated Solutions & Services | USD 2 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | 2016 actions: Employee severance and benefits charges. | |||
| 2016-03-25 | restructuring | in_progress | 2016-01-01 | Global | ROW Integrated Solutions & Services | USD 3 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | 2016 actions: Employee severance and benefits charges. | |||
| 2016-03-25 | restructuring | in_progress | 2016-01-01 | Global | Global Products | USD 5 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | 2016 actions: $4M employee severance and benefits, $1M facility exit and other charges. | |||
| 2016-03-25 | restructuring | in_progress | 2016-01-01 | Global | Corporate and Other | USD 4 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | 2016 actions: Employee severance and benefits charges. | |||
| 2016-03-25 | restructuring | in_progress | 2015-01-01 | Global | NA Integrated Solutions & Services | USD 1 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | 2015 actions: Employee severance and benefits charges incurred in current period. | |||
| 2016-03-25 | restructuring | in_progress | 2015-01-01 | Global | ROW Integrated Solutions & Services | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | 2015 actions: No charges incurred in current period; utilization and reversals only. | ||||
| 2016-03-25 | restructuring | in_progress | 2015-01-01 | Global | Global Products | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | 2015 actions: No charges incurred in current period; utilization and reversals only. | ||||
| 2016-03-25 | restructuring | in_progress | 2015-01-01 | Global | Corporate and Other | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | 2015 actions: No charges incurred in current period; utilization and reversals only. | ||||
| 2016-03-25 | restructuring | in_progress | 2014-01-01 | Global | Global | USD 1 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | 2014 and prior actions: Net restructuring charges incurred in current period. | |||
| 2016-03-25 | restructuring | in_progress | Pre 2014 and 2014 Programs [Member] | USD 1,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2016-03-25 | restructuring | in_progress | Program 2015 [Member] | USD 6,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2016-03-25 | restructuring | in_progress | Program 2016 [Member] | USD 15,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2015-12-25 | restructuring | in_progress | NA Integrated Solutions & Services | USD 2 (millions) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Employee severance and benefits charges under 2016 restructuring actions; no employee counts disclosed. | |||||
| 2015-12-25 | restructuring | in_progress | ROW Integrated Solutions & Services | USD 1 (millions) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Employee severance and benefits charges under 2016 restructuring actions; no employee counts disclosed. | |||||
| 2015-12-25 | restructuring | in_progress | Global Products | USD 3 (millions) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Includes $2 million employee severance and benefits and $1 million facility exit and other charges under 2016 actions. | |||||
| 2015-12-25 | restructuring | in_progress | Corporate and Other | USD 3 (millions) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Employee severance and benefits charges under 2016 restructuring actions; no employee counts disclosed. | |||||
| 2015-12-25 | restructuring | in_progress | Company-wide (2015 actions) | USD 3 (millions) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Additional employee severance charges under 2015 restructuring actions in the current quarter; cumulative 2015-action charges of $181 million to date. | |||||
| 2015-12-25 | restructuring | in_progress | Company-wide (repositioning) | USD 6 (millions) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Net repositioning charges primarily professional fees, reflected in SG&A; actions designed to streamline operations and align functions. | |||||
| 2015-12-25 | divestiture_reduction | in_progress | 2016-03-25 | Australia | ROW Integrated Solutions & Services | USD 57 (millions) | MD&A f5-10q / GLM-5.3-flash-fp4-HTML | Pre-tax loss of approximately $57 million for write-down to fair value less cost to sell, including $24 million provision for cumulative translation losses; sale expected to complete in Q2 fiscal 2016. No headcount disclosed. | |||
| 2015-12-25 | acquisition_addition | completed | United Arab Emirates (also Qatar and Oman) | ROW Integrated Solutions & Services | USD 128 (millions) | business_combinations_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Additional investment of approximately $128 million in Tyco UAE joint venture with Suwaidi Engineering Group; Tyco consolidated 100% of Tyco UAE and recorded a net gain of $111 million. No headcount disclosed. | ||||
| 2015-12-25 | restructuring | in_progress | Global | All segments and Corporate | USD 18 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | FY2016 restructuring and repositioning charges of $18M recorded in Q1; company expects $75M–$100M total for FY2016. No employee counts disclosed. | ||||
| 2015-12-25 | divestiture_reduction | in_progress | 2016-03-31 | Australia | ROW Integrated Solutions & Services | USD 57 (millions) | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Australian fire protection business approved for sale; $57M pre-tax write-down to fair value less cost to sell. Sale completed in Q2 FY2016. No headcount disclosed. | |||
| 2015-12-25 | acquisition_addition | completed | United Arab Emirates | ROW Integrated Solutions & Services | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Additional investment in Tyco UAE JV for $128M net cash; 100% of Tyco UAE now consolidated. No headcount disclosed. | |||||
| 2015-12-25 | acquisition_addition | announced | 2016-03-31 | Global | ROW Integrated Solutions & Services | USD 175 (millions) | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Agreement to acquire ShopperTrak for ~$175M cash; closed in Q2 FY2016. No headcount disclosed. | |||
| 2015-12-25 | other | announced | 2016-01-24 | Global | Corporate | subsequent_events f5-10q / MiMo-V2.6-Flash-fp8-HTML | Merger agreement with Johnson Controls announced 2016-01-24; Tyco to be renamed Johnson Controls plc. No workforce impact quantified. | ||||
| 2015-12-25 | restructuring | in_progress | 2015-12-25 | Global | NA Integrated Solutions & Services | USD 2 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | 2016 actions: Employee severance and benefits charges. | |||
| 2015-12-25 | restructuring | in_progress | 2015-12-25 | Global | ROW Integrated Solutions & Services | USD 1 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | 2016 actions: Employee severance and benefits charges. | |||
| 2015-12-25 | restructuring | in_progress | 2015-12-25 | Global | Global Products | USD 2 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | 2016 actions: Employee severance and benefits charges. | |||
| 2015-12-25 | restructuring | in_progress | 2015-12-25 | Global | Corporate and Other | USD 3 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | 2016 actions: Employee severance and benefits charges. | |||
| 2015-12-25 | restructuring | in_progress | 2015-12-25 | Global | NA Integrated Solutions & Services | USD 2 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | 2015 actions: Employee severance and benefits charges. | |||
| 2015-12-25 | restructuring | in_progress | 2015-12-25 | Global | Corporate and Other | USD 1 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | 2015 actions: Employee severance and benefits charges. | |||
| 2015-12-25 | restructuring | in_progress | Pre 2014 and 2014 Programs [Member] | USD 0 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2015-12-25 | restructuring | in_progress | Program 2015 [Member] | USD 5,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2015-12-25 | restructuring | in_progress | Program 2016 [Member] | USD 9,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2015-09-25 | restructuring | in_progress | North America | NA Integrated Solutions & Services | USD 45 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | FY2015 actions charges of $45M ($41M severance and benefits, $3M facility exit, $1M in SG&A); employee counts not disclosed. Company expects $75M-$100M of total restructuring and repositioning charges in fiscal 2016. | ||||
| 2015-09-25 | restructuring | in_progress | Rest of World | ROW Integrated Solutions & Services | USD 91 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | FY2015 actions charges of $91M ($81M severance and benefits, $9M facility exit, $1M in SG&A); employee counts not disclosed. | ||||
| 2015-09-25 | restructuring | in_progress | Global | Global Products | USD 21 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | FY2015 actions charges of $21M ($21M severance and benefits, $1M facility exit, $(1)M in SG&A); employee counts not disclosed. | ||||
| 2015-09-25 | restructuring | in_progress | Global | Corporate and Other | USD 21 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | FY2015 actions charges of $21M ($20M severance and benefits, $1M facility exit); employee counts not disclosed. Four segment records sum to $178M of 2015-action charges; MD&A reports $289M total restructuring and repositioning charges for FY2015, including $113M of repositioning charges recorded in SG&A. | ||||
| 2015-09-25 | acquisition_addition | completed | Global | Primarily Global Products; also NA and ROW Integrated Solutions & Services | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | 12 acquisitions completed in FY2015 for total consideration of $588M ($583M cash net of cash acquired plus $5M contingent consideration); largest was Industrial Safety Technologies International at $327M and FootFall at $58M. Headcount added through acquisitions not disclosed. | |||||
| 2015-09-25 | divestiture_reduction | completed | Asia and Pacific / Rest of World | ROW Integrated Solutions & Services | discontinued_operations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Several ROW businesses sold during Q3 FY2015 (presented as discontinued operations) plus one ROW business sold that did not qualify as discontinued operations; a Global Products business approved for sale in Q4 FY2015 with completion expected in H1 FY2016. Headcount removed not disclosed. | |||||
| 2015-09-25 | restructuring | completed | Global | All Segments | USD 289 (millions) | MD&A f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML | Company recorded restructuring and repositioning charges of $289 million for fiscal 2015. Employee headcount affected is not disclosed. | ||||
| 2015-09-25 | restructuring | completed | Global | All Segments | USD 289 (millions) | MD&A f5-10k / Qwen3.6-27B-Q8_0 | Company recorded restructuring and repositioning charges of $289 million for fiscal 2015. Employee headcount affected not disclosed. | ||||
| 2015-09-25 | restructuring | in_progress | Pre 2013 and 2013 Program [Member] | USD 1,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2015-09-25 | restructuring | in_progress | Program 2014 [Member] | USD 7,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2015-09-25 | restructuring | in_progress | Program 2015 [Member] | USD 188,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2015-06-26 | restructuring | in_progress | North America | NA Installation & Services | USD 27 (millions) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Employee severance and benefits charges under 2015 restructuring actions; no employee counts disclosed. | ||||
| 2015-06-26 | restructuring | in_progress | Rest of World | ROW Installation & Services | USD 54 (millions) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Includes $48M employee severance and $6M facility exit charges; no employee counts disclosed. | ||||
| 2015-06-26 | restructuring | in_progress | Global Products | USD 4 (millions) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Employee severance and benefits charges under 2015 restructuring actions. | |||||
| 2015-06-26 | restructuring | in_progress | Corporate and Other | USD 12 (millions) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Employee severance and benefits charges under 2015 restructuring actions. | |||||
| 2015-06-26 | restructuring | in_progress | Company-wide repositioning actions | USD 61 (millions) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Global actions to streamline operations and align functions, primarily professional fees recorded in SG&A; may or may not lead to future restructuring. | |||||
| 2015-06-26 | divestiture_reduction | completed | Rest of World | ROW Installation & Services | USD 29 (millions) | other f5-10q / GLM-5.3-flash-fp4-HTML | Sale of three ROW Installation & Services businesses completed during the quarter; loss on sale of $29M recorded in discontinued operations; headcount not disclosed. | ||||
| 2015-06-26 | restructuring | in_progress | Global | NA Installation & Services; ROW Installation & Services; Global Products; Corporate and Other | USD 108 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | FY2015 restructuring program; $108M charged YTD through Q3. Company expects ~$125M total restructuring charges in FY2015. No employee counts disclosed. | ||||
| 2015-06-26 | restructuring | in_progress | Global | Corporate and other (repositioning actions) | USD 61 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Repositioning charges of $61M YTD (Q3: $27M), primarily professional fees in SG&A. No employee counts disclosed. | ||||
| 2015-06-26 | divestiture_reduction | completed | Rest of World | ROW Installation & Services | USD 29 (millions) | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Three ROW businesses sold during Q3 FY2015; $29M pre-tax loss on sale recorded in discontinued operations. No headcount disclosed. | ||||
| 2015-06-26 | acquisition_addition | completed | Global | Global Products | USD 327 (millions) | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | IST (Industrial Safety Technologies International) acquired for $327M net of cash; largest of 11 acquisitions totaling $525M YTD. No headcount disclosed. | ||||
| 2015-06-26 | acquisition_addition | announced | 2015-07-20 | Global | NA Installation & Services; ROW Installation & Services | USD 60 (millions) | subsequent_events f5-10q / MiMo-V2.6-Flash-fp8-HTML | FootFall acquired from Experian plc for ~$60M on 2015-07-20. No headcount disclosed. | |||
| 2015-06-26 | restructuring | in_progress | 2015-01-01 | Global | NA Installation & Services | USD 1 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | 2015 actions: Employee severance and benefits of $1 million. No headcount disclosed. | |||
| 2015-06-26 | restructuring | in_progress | 2015-01-01 | Global | ROW Installation & Services | USD 35 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | 2015 actions: Employee severance and benefits of $34 million and facility exit charges of $1 million. No headcount disclosed. | |||
| 2015-06-26 | restructuring | in_progress | 2015-01-01 | Global | Global Products | USD 1 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | 2015 actions: Employee severance and benefits of $1 million. No headcount disclosed. | |||
| 2015-06-26 | restructuring | in_progress | 2015-01-01 | Global | Corporate and Other | USD 2 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | 2015 actions: Employee severance and benefits of $2 million. No headcount disclosed. | |||
| 2015-06-26 | restructuring | in_progress | 2014-01-01 | Global | NA Installation & Services | USD -1 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | 2014 actions: Reversal of $1 million in employee severance and benefits. No headcount disclosed. | |||
| 2015-06-26 | restructuring | in_progress | 2014-01-01 | Global | ROW Installation & Services | USD 0 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | 2014 actions: No charges recorded for the quarter ended June 26, 2015. | |||
| 2015-06-26 | restructuring | in_progress | 2014-01-01 | Global | Global Products | USD 2 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | 2014 actions: Employee severance and benefits of $2 million. No headcount disclosed. | |||
| 2015-06-26 | restructuring | in_progress | Pre 2013 and 2013 Programs [Member] | USD 0 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2015-06-26 | restructuring | in_progress | Program 2014 [Member] | USD 13,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2015-06-26 | restructuring | in_progress | Program 2015 [Member] | USD 99,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2015-03-27 | restructuring | in_progress | NA Installation & Services | USD 4 (millions) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Employee severance and benefits charge for the quarter ended March 27, 2015; no employee count disclosed. | |||||
| 2015-03-27 | restructuring | in_progress | ROW Installation & Services | USD 4 (millions) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Employee severance and benefits charge for the quarter ended March 27, 2015; no employee count disclosed. | |||||
| 2015-03-27 | restructuring | in_progress | Global Products | USD 1 (millions) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Employee severance and benefits charge for the quarter ended March 27, 2015; no employee count disclosed. | |||||
| 2015-03-27 | restructuring | in_progress | NA Installation & Services | USD 26 (millions) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Employee severance and benefits charge for the six months ended March 27, 2015; no employee count disclosed. | |||||
| 2015-03-27 | restructuring | in_progress | ROW Installation & Services | USD 19 (millions) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Includes $14 million employee severance and benefits and $5 million facility exit and other charges for the six months ended March 27, 2015. | |||||
| 2015-03-27 | restructuring | in_progress | Global Products | USD 3 (millions) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Employee severance and benefits charge for the six months ended March 27, 2015; no employee count disclosed. | |||||
| 2015-03-27 | restructuring | in_progress | Corporate and Other | USD 10 (millions) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Employee severance and benefits charge for the six months ended March 27, 2015; no employee count disclosed. | |||||
| 2015-03-27 | divestiture_reduction | in_progress | 2015-09-25 | ROW Installation & Services | USD 22 (millions) | MD&A f5-10q / GLM-5.3-flash-fp4-HTML | Several ROW Installation & Services businesses classified as held for sale; expected to be sold during remainder of fiscal 2015. Includes anticipated loss on disposal of a joint venture interest in China. No headcount disclosed. | ||||
| 2015-03-27 | restructuring | in_progress | Global | NA Installation & Services; ROW Installation & Services; Global Products; Corporate and Other | USD 70 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Six-month FY2015 restructuring charges of $70M; employee severance $53M and facility exit $5M for 2015 actions plus $10M for 2014 actions and $2M net for 2013/prior. No employee counts disclosed. Company expects $75–100M restructuring charges in FY2015. | ||||
| 2015-03-27 | restructuring | in_progress | Global | Corporate and various segments | USD 34 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Six-month FY2015 repositioning charges of $34M (Q2: $17M), primarily professional fees recorded in SG&A. No employee counts disclosed. Company expects approximately $150M total restructuring and repositioning charges in FY2015. | ||||
| 2015-03-27 | acquisition_addition | completed | Global | Global Products; ROW Installation & Services | USD 525 (millions) | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | 11 acquisitions in six months ended March 27, 2015 for $525M net of cash; includes IST acquisition for $327M. No headcount added disclosed. | ||||
| 2015-03-27 | divestiture_reduction | in_progress | 2015-09-25 | Rest of World | ROW Installation & Services | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Several ROW businesses classified as held for sale; sales expected to complete during remainder of FY2015. No headcount reduction disclosed. | ||||
| 2015-03-27 | restructuring | in_progress | 2015-01-01 | Global | NA Installation & Services | USD 4 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | 2015 actions: Employee severance and benefits charges for the quarter ended March 27, 2015. | |||
| 2015-03-27 | restructuring | in_progress | 2015-01-01 | Global | ROW Installation & Services | USD 4 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | 2015 actions: Employee severance and benefits charges for the quarter ended March 27, 2015. | |||
| 2015-03-27 | restructuring | in_progress | 2015-01-01 | Global | Global Products | USD 1 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | 2015 actions: Employee severance and benefits charges for the quarter ended March 27, 2015. | |||
| 2015-03-27 | restructuring | in_progress | 2015-01-01 | Global | NA Installation & Services | USD 26 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | 2015 actions: Employee severance and benefits charges for the six months ended March 27, 2015. | |||
| 2015-03-27 | restructuring | in_progress | 2015-01-01 | Global | ROW Installation & Services | USD 14 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | 2015 actions: Employee severance and benefits charges for the six months ended March 27, 2015. | |||
| 2015-03-27 | restructuring | in_progress | 2015-01-01 | Global | Global Products | USD 3 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | 2015 actions: Employee severance and benefits charges for the six months ended March 27, 2015. | |||
| 2015-03-27 | restructuring | in_progress | 2015-01-01 | Global | Corporate and Other | USD 10 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | 2015 actions: Employee severance and benefits charges for the six months ended March 27, 2015. | |||
| 2015-03-27 | restructuring | in_progress | 2014-01-01 | Global | NA Installation & Services | USD 0 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | 2014 actions: Employee severance and benefits charges for the quarter ended March 27, 2015. | |||
| 2015-03-27 | restructuring | in_progress | 2014-01-01 | Global | ROW Installation & Services | USD 0 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | 2014 actions: Employee severance and benefits charges for the quarter ended March 27, 2015. | |||
| 2015-03-27 | restructuring | in_progress | 2014-01-01 | Global | Global Products | USD 4 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | 2014 actions: Employee severance and benefits charges for the quarter ended March 27, 2015. | |||
| 2015-03-27 | restructuring | in_progress | 2014-01-01 | Global | NA Installation & Services | USD 1 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | 2014 actions: Employee severance and benefits charges for the six months ended March 27, 2015. | |||
| 2015-03-27 | restructuring | in_progress | 2014-01-01 | Global | ROW Installation & Services | USD 0 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | 2014 actions: Employee severance and benefits charges for the six months ended March 27, 2015. | |||
| 2015-03-27 | restructuring | in_progress | 2014-01-01 | Global | Global Products | USD 9 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | 2014 actions: Employee severance and benefits charges for the six months ended March 27, 2015. | |||
| 2015-03-27 | restructuring | in_progress | Pre 2013 and 2013 Programs [Member] | USD 2,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2015-03-27 | restructuring | in_progress | Program 2014 [Member] | USD 10,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2015-03-27 | restructuring | in_progress | Program 2015 [Member] | USD 60,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2014-12-26 | restructuring | in_progress | NA Installation & Services | USD 22 (millions) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Employee severance and benefits charge for 2015 restructuring actions; no employee count disclosed | |||||
| 2014-12-26 | restructuring | in_progress | ROW Installation & Services | USD 10 (millions) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Employee severance and benefits charge for 2015 restructuring actions; no employee count disclosed | |||||
| 2014-12-26 | restructuring | in_progress | Global Products | USD 2 (millions) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Employee severance and benefits charge for 2015 restructuring actions; no employee count disclosed | |||||
| 2014-12-26 | restructuring | in_progress | Corporate and other | USD 10 (millions) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Employee severance and benefits charge for 2015 restructuring actions; no employee count disclosed | |||||
| 2014-12-26 | restructuring | in_progress | NA Installation & Services | USD 1 (millions) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Employee severance and benefits charge under 2014 actions during the quarter | |||||
| 2014-12-26 | restructuring | in_progress | Global Products | USD 5 (millions) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Employee severance and benefits charge under 2014 actions during the quarter | |||||
| 2014-12-26 | divestiture_reduction | in_progress | 2015-06-30 | ROW Installation & Services | other f5-10q / GLM-5.3-flash-fp4-HTML | Several ROW Installation & Services businesses classified as held for sale/discontinued operations; sale expected by end of Q3 fiscal 2015; no headcount disclosed | |||||
| 2014-12-26 | restructuring | in_progress | Global | NA Installation & Services; ROW Installation & Services; Global Products; Corporate and other | USD 44 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | 2015 actions: workforce reductions for cost savings; $44M severance charge recorded in Q1 FY2015. Company expects $75M–$100M total restructuring charges in fiscal 2015. Employee counts not disclosed. | ||||
| 2014-12-26 | restructuring | in_progress | Global | NA Installation & Services; Global Products | USD 6 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | 2014 actions: $6M charge recorded in Q1 FY2015; employee counts not disclosed. | ||||
| 2014-12-26 | restructuring | in_progress | Global | Primarily ROW Installation & Services | USD 8 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | 2013 and prior actions: $8M charge recorded in Q1 FY2015; reserves primarily for facility exit costs. Employee counts not disclosed. | ||||
| 2014-12-26 | restructuring | in_progress | Global | Corporate and other | USD 17 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Repositioning charges of $17M in Q1 FY2015, primarily professional fees in SG&A; may or may not lead to future restructuring action. Employee counts not disclosed. | ||||
| 2014-12-26 | acquisition_addition | completed | Global | ROW Installation & Services; Global Products | USD 152 (millions) | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Five acquisitions totaling $152M consideration in Q1 FY2015; headcount added not disclosed. | ||||
| 2014-12-26 | acquisition_addition | announced | 2015-03-27 | Global | Global Products | USD 330 (millions) | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Agreement to acquire Industrial Safety Technologies for ~$330M cash; expected to close in Q2 FY2015. Headcount not disclosed. | |||
| 2014-12-26 | divestiture_reduction | in_progress | 2015-06-26 | Rest of World | ROW Installation & Services | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Several ROW Installation & Services businesses classified as held for sale; sale expected to complete by end of Q3 FY2015. Headcount removed not disclosed. | ||||
| 2014-12-26 | restructuring | in_progress | 2014-10-01 | Global | NA Installation & Services | USD 22 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Part of 2015 actions; employee severance and benefits. | |||
| 2014-12-26 | restructuring | in_progress | 2014-10-01 | Global | ROW Installation & Services | USD 10 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Part of 2015 actions; employee severance and benefits. | |||
| 2014-12-26 | restructuring | in_progress | 2014-10-01 | Global | Global Products | USD 2 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Part of 2015 actions; employee severance and benefits. | |||
| 2014-12-26 | restructuring | in_progress | 2014-10-01 | Global | Corporate and other | USD 10 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Part of 2015 actions; employee severance and benefits. | |||
| 2014-12-26 | restructuring | in_progress | 2013-10-01 | Global | NA Installation & Services | USD 1 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Part of 2014 actions; employee severance and benefits. | |||
| 2014-12-26 | restructuring | in_progress | 2013-10-01 | Global | Global Products | USD 5 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Part of 2014 actions; employee severance and benefits. | |||
| 2014-12-26 | restructuring | in_progress | 2012-10-01 | Global | Global | USD 8 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Part of 2013 and prior actions; includes reversals and utilization. | |||
| 2014-12-26 | restructuring | in_progress | Pre 2013 and 2013 Programs [Member] | USD 8,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2014-12-26 | restructuring | in_progress | Program 2014 [Member] | USD 6,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2014-12-26 | restructuring | in_progress | Program 2015 [Member] | USD 44,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2014-09-26 | restructuring | in_progress | North America | NA Installation & Services | USD 16 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Fiscal 2014 charges for actions initiated in fiscal 2014 ($13M severance and benefits, $3M facility exit and other); employees affected not disclosed. | ||||
| 2014-09-26 | restructuring | in_progress | Rest of World | ROW Installation & Services | USD 23 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Fiscal 2014 charges for actions initiated in fiscal 2014 ($18M severance and benefits, $5M facility exit and other); employees affected not disclosed. | ||||
| 2014-09-26 | restructuring | in_progress | Global | Global Products | USD 5 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Fiscal 2014 charges for actions initiated in fiscal 2014 ($3M severance and benefits, $2M charges reflected in SG&A); employees affected not disclosed. | ||||
| 2014-09-26 | restructuring | in_progress | Global | All segments | USD 6 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Multi-year program initiated in fiscal 2013; only fiscal 2014 activity extracted ($4M severance, $2M facility exit). Reserve utilization of $40M during fiscal 2014; employees affected not disclosed. | ||||
| 2014-09-26 | restructuring | in_progress | Global | All segments | USD -1 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Net reversal of $1M against reserves for pre-2013 actions during fiscal 2014; remaining reserve of $38M primarily for facility exit costs on non-cancelable leases. | ||||
| 2014-09-26 | restructuring | in_progress | Global | Corporate and operating segments | USD 44 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Repositioning charges recorded in SG&A for fiscal 2014 global streamlining actions; separate from restructuring charges; employees affected not disclosed. | ||||
| 2014-09-26 | divestiture_reduction | completed | 2014-05-22 | South Korea | ROW Installation & Services (ADT Korea) | discontinued_operations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Sale of ADT Korea completed on this date for $1.93 billion; presented as discontinued operations; headcount removed not disclosed. | ||||
| 2014-09-26 | divestiture_reduction | in_progress | 2015-06 | Rest of World | ROW Installation & Services | discontinued_operations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Several ROW businesses classified as held for sale at fiscal year-end; sale expected by the end of the third quarter of fiscal 2015; headcount not disclosed. | ||||
| 2014-09-26 | acquisition_addition | completed | 2013-11-08 | United States, Chile, Peru | NA Installation & Services and ROW Installation & Services | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Acquisition of Westfire, Inc. (fire protection services) completed on this date for $53M cash net of cash acquired plus $1M contingent consideration; headcount added not disclosed. | ||||
| 2014-09-26 | acquisition_addition | completed | 2014-09-26 | Brazil | ROW Installation & Services | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Purchase of remaining ownership interest in a Brazil joint venture for $66M cash during the quarter ended September 26, 2014; headcount added not disclosed. | ||||
| 2014-09-26 | restructuring | completed | Global | All Segments | USD 93 (millions) | MD&A f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML | Total restructuring, repositioning and asset impairment charges of $93 million for fiscal 2014. Employee headcount affected not disclosed. | ||||
| 2014-09-26 | restructuring | completed | Global | All Segments | USD 44 (millions) | restructuring_footnote f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML | 2014 actions: $44 million in restructuring and asset impairment charges. Includes $37 million employee severance and benefits and $5 million facility exit charges. | ||||
| 2014-09-26 | restructuring | completed | Global | All Segments | USD 6 (millions) | restructuring_footnote f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML | 2013 actions: $6 million in restructuring and asset impairment charges incurred in fiscal 2014. | ||||
| 2014-09-26 | restructuring | completed | Global | All Segments | USD -1 (millions) | restructuring_footnote f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML | 2012 and prior actions: $1 million in restructuring reversals, net incurred in fiscal 2014. | ||||
| 2014-09-26 | restructuring | completed | Global | All Segments | USD 44 (millions) | MD&A f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML | Repositioning charges of $44 million recorded in SG&A for fiscal 2014, primarily related to professional fees. | ||||
| 2014-09-26 | restructuring | completed | 2014-01-01 | 2014-09-26 | Global | All Segments | USD 44 (millions) | restructuring_footnote f5-10k / Qwen3.6-27B-Q8_0 | 2014 actions: $44 million in restructuring and asset impairment charges, primarily employee severance and benefits ($37 million) and facility exit/other charges ($5 million). Specific headcount not disclosed. | ||
| 2014-09-26 | restructuring | completed | 2013-01-01 | 2014-09-26 | Global | All Segments | USD 6 (millions) | restructuring_footnote f5-10k / Qwen3.6-27B-Q8_0 | 2013 actions: $6 million in charges recorded in fiscal 2014 related to prior year restructuring actions. Specific headcount not disclosed. | ||
| 2014-09-26 | restructuring | completed | 2012-01-01 | 2014-09-26 | Global | All Segments | USD -1 (millions) | restructuring_footnote f5-10k / Qwen3.6-27B-Q8_0 | 2012 and prior actions: $(1) million in net reversals recorded in fiscal 2014. Specific headcount not disclosed. | ||
| 2014-09-26 | restructuring | in_progress | Pre 2012 and 2012 Program [Member] | USD 1,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2014-09-26 | restructuring | in_progress | Program 2014 [Member] | USD 43,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2014-09-26 | restructuring | in_progress | Program 2013 [Member] | USD 13,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2014-06-27 | restructuring | in_progress | 2014-09-26 | Company-wide (NA Installation & Services, ROW Installation & Services, Global Products) | USD 19 (millions) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | 2014 restructuring actions identified in Q3 FY2014 for cost savings and workforce reductions; charges of $19M in the quarter ($16M employee severance and benefits, $3M facility exit and other). Company expects $50-75M of restructuring charges in fiscal 2014. No employee counts disclosed. | ||||
| 2014-06-27 | restructuring | in_progress | Company-wide | USD 28 (millions) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Year-to-date charges for 2014 restructuring actions: $28M ($25M employee severance and benefits, $3M facility exit and other). Restructuring reserve balance of $22M as of June 27, 2014. | |||||
| 2014-06-27 | restructuring | in_progress | Company-wide | USD 13 (millions) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Repositioning charges of $13M in the quarter ended June 27, 2014, primarily professional fees, recorded in SG&A; actions designed to streamline operations and align functions. | |||||
| 2014-06-27 | restructuring | in_progress | Company-wide | USD 28 (millions) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Repositioning charges of $28M for the nine months ended June 27, 2014, primarily professional fees, recorded in SG&A. | |||||
| 2014-06-27 | divestiture_reduction | completed | 2014-03-04 | 2014-05-22 | South Korea | ROW Installation & Services (ADT Korea) | other f5-10q / GLM-5.3-flash-fp4-HTML | Sale of ADT Korea business to an affiliate of The Carlyle Group completed May 22, 2014 for $1.93 billion; $1.0 billion net gain recognized in discontinued operations. No headcount disclosed. | |||
| 2014-06-27 | divestiture_reduction | in_progress | Rest of World | ROW Installation & Services | USD 1 (millions) | other f5-10q / GLM-5.3-flash-fp4-HTML | Several ROW Installation & Services businesses classified as held for sale/discontinued operations; $1M impairment loss recorded in Q3 FY2014 to write down net assets to fair value. Sales expected to complete within the next twelve months. No headcount disclosed. | ||||
| 2014-06-27 | restructuring | in_progress | Global | NA Installation & Services; ROW Installation & Services; Global Products | USD 28 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | 2014 restructuring actions: $28M in charges YTD (severance $25M, facility exit $3M). Reserve balance $22M at quarter-end. No employee count disclosed. Company expects $50–75M total restructuring charges in FY2014. | ||||
| 2014-06-27 | divestiture_reduction | completed | 2014-05-22 | South Korea | ROW Installation & Services (ADT Korea) | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Sale of ADT Korea completed 2014-05-22 for $1.93B; no headcount associated with the divestiture disclosed. | ||||
| 2014-06-27 | divestiture_reduction | in_progress | Rest of World | ROW Installation & Services | USD 1 (millions) | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Several ROW businesses classified as held for sale with expected sale within twelve months; $1M impairment recorded in Q3 FY2014. No headcount disclosed. | ||||
| 2014-06-27 | acquisition_addition | completed | 2013-11-08 | United States; Chile; Peru | NA Installation & Services; ROW Installation & Services | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Acquisition of Westfire, Inc. completed 2013-11-08; total consideration $67M YTD FY2014. No headcount added disclosed. | ||||
| 2014-06-27 | restructuring | in_progress | 2014-07-01 | Global | All Segments | USD 50 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Company identified opportunities for cost savings through restructuring activities and workforce reductions. Expects to incur charges in range of $50 million to $75 million in fiscal 2014. Employee count not disclosed. | |||
| 2014-06-27 | restructuring | in_progress | 2013-01-01 | Global | All Segments | USD 0 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | 2013 Actions: Net restructuring charges of $0 million for the nine months ended June 27, 2014. Employee count not disclosed. | |||
| 2014-06-27 | restructuring | in_progress | 2012-01-01 | Global | All Segments | USD 6 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | 2012 and prior actions: Incurred $6 million of restructuring charges for the nine months ended June 27, 2014. Employee count not disclosed. | |||
| 2014-06-27 | restructuring | in_progress | Program 2014 [Member] | USD 28,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2014-06-27 | restructuring | in_progress | Program 2013 [Member] | USD 11,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2014-06-27 | restructuring | in_progress | Pre 2012 and 2012 Program [Member] | USD 1,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2014-03-28 | restructuring | in_progress | North America | NA Installation & Services | USD 3 (millions) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Employee severance and benefits charge for the quarter ended March 28, 2014; no employee count disclosed. | ||||
| 2014-03-28 | restructuring | in_progress | Rest of World | ROW Installation & Services | USD 4 (millions) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Employee severance and benefits charge for the quarter ended March 28, 2014; no employee count disclosed. | ||||
| 2014-03-28 | restructuring | in_progress | Global Products | USD 1 (millions) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Employee severance and benefits charge for the quarter ended March 28, 2014; no employee count disclosed. | |||||
| 2014-03-28 | restructuring | in_progress | North America | NA Installation & Services | USD 3 (millions) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Year-to-date employee severance and benefits charge for the six months ended March 28, 2014. | ||||
| 2014-03-28 | restructuring | in_progress | Rest of World | ROW Installation & Services | USD 5 (millions) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Year-to-date employee severance and benefits charge for the six months ended March 28, 2014. | ||||
| 2014-03-28 | restructuring | in_progress | Global Products | USD 1 (millions) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Year-to-date employee severance and benefits charge for the six months ended March 28, 2014. | |||||
| 2014-03-28 | divestiture_reduction | announced | 2014-03-02 | South Korea | South Korean security business | USD 4 (millions) | other f5-10q / GLM-5.3-flash-fp4-HTML | Stock Purchase Agreement with a Carlyle affiliate to sell Tyco Fire & Security Services Korea for $1.93 billion; pre-tax loss on sale of $4 million recorded; sale expected to close in Q3 fiscal 2014. No headcount disclosed. | |||
| 2014-03-28 | restructuring | in_progress | Global | NA Installation & Services; ROW Installation & Services; Global Products | USD 9 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | 2014 restructuring actions; $9M charges in six months ended March 28, 2014. Company expects $50–75M in fiscal 2014 restructuring charges. No employee count disclosed. | ||||
| 2014-03-28 | restructuring | in_progress | Global | Corporate and Other | USD 15 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Repositioning charges of $15M for six months ended March 28, 2014, primarily professional fees in SG&A. No employee count disclosed. | ||||
| 2014-03-28 | divestiture_reduction | announced | 2014-03-02 | 2014-06-30 | South Korea | ROW Installation & Services (South Korean security business) | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Stock Purchase Agreement with Carlyle affiliate to sell Tyco Fire & Security Services Korea for $1.93B; expected close in Q3 fiscal 2014. No headcount disclosed. | |||
| 2014-03-28 | acquisition_addition | completed | 2013-11-08 | 2013-11-08 | United States; Chile; Peru | NA Installation & Services; ROW Installation & Services | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Acquisition of Westfire, Inc. on November 8, 2013; total consideration $57M for six months. No headcount disclosed. | |||
| 2014-03-28 | restructuring | in_progress | 2014-01-01 | Global | NA Installation & Services | USD 3 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Part of 2014 actions; employee severance and benefits charges. | |||
| 2014-03-28 | restructuring | in_progress | 2014-01-01 | Global | ROW Installation & Services | USD 4 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Part of 2014 actions; employee severance and benefits charges. | |||
| 2014-03-28 | restructuring | in_progress | 2014-01-01 | Global | Global Products | USD 1 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Part of 2014 actions; employee severance and benefits charges. | |||
| 2014-03-28 | restructuring | in_progress | 2013-01-01 | Global | NA Installation & Services | USD -1 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Part of 2013 actions; employee severance and benefits charges (reversal). | |||
| 2014-03-28 | restructuring | in_progress | 2013-01-01 | Global | ROW Installation & Services | USD -3 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Part of 2013 actions; employee severance and benefits charges (reversal). | |||
| 2014-03-28 | restructuring | in_progress | 2013-01-01 | Global | Global Products | USD 4 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Part of 2013 actions; employee severance and benefits charges. | |||
| 2014-03-28 | restructuring | in_progress | Pre 2012 and 2012 Program [Member] | USD 1,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2014-03-28 | restructuring | in_progress | Program 2013 [Member] | USD 9,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2014-03-28 | restructuring | in_progress | Program 2014 [Member] | USD 9,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2013-12-27 | restructuring | in_progress | Company-wide (ROW Installation & Services, NA Installation & Services, Global Products) | USD 3 (millions) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | First-quarter fiscal 2014 restructuring actions included workforce reductions to improve operating efficiencies; no employee counts disclosed. Company expects $50-75 million of restructuring charges in fiscal 2014, excluding repositioning charges. | |||||
| 2013-12-27 | restructuring | in_progress | Corporate and Other | USD 6 (millions) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Repositioning charges of $6 million in the quarter, primarily professional fees, from global actions to streamline operations and align functions; no employee counts disclosed. Total fiscal 2014 restructuring and repositioning charges expected at $75-100 million per MD&A. | |||||
| 2013-12-27 | restructuring | in_progress | Global | All segments | USD 3 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Q1 FY2014 restructuring charges of $3M across 2014, 2013, and prior-year actions; no employee count disclosed. Company expects $50-75M in restructuring charges for FY2014. | ||||
| 2013-12-27 | restructuring | in_progress | Global | Corporate and other functions | USD 6 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Repositioning charges of $6M primarily for professional fees, recorded in SG&A; no employee count disclosed. | ||||
| 2013-12-27 | acquisition_addition | completed | 2013-11-08 | United States, Chile, Peru | NA Installation & Services; ROW Installation & Services | USD 57 (millions) | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Acquisition of Westfire, Inc. completed 2013-11-08 for $57M total consideration; no headcount added disclosed. | |||
| 2013-12-27 | divestiture_reduction | completed | New Zealand, Fiji | ROW Installation & Services | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Sale of Armourguard (New Zealand) and fire and security business (Fiji) completed during quarter for immaterial amount; no headcount disclosed. | |||||
| 2013-12-27 | restructuring | in_progress | 2014-01-01 | Global | NA Installation & Services; ROW Installation & Services; Global Products; Corporate and Other | USD 1 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | 2014 actions initiated to improve operating efficiencies. Charges of $1M recorded for employee severance and benefits in ROW Installation & Services. Total expected charges for fiscal 2014 range from $50M to $75M. | |||
| 2013-12-27 | restructuring | in_progress | 2013-01-01 | Global | NA Installation & Services; ROW Installation & Services; Global Products; Corporate and Other | USD 1 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | 2013 actions. Net charge of $1M recorded for the quarter (comprising $6M charges and $5M reversals). Cumulative charges since initiation are $100M. | |||
| 2013-12-27 | restructuring | in_progress | 2012-12-31 | Global | ROW Installation & Services | USD 1 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | 2012 and prior actions. Charge of $1M recorded. Reserves primarily relate to facility exit costs for long-term non-cancelable lease obligations. | |||
| 2013-12-27 | other | in_progress | 2013-12-27 | Global | Corporate | USD 6 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Repositioning actions initiated to reduce cost structure and improve profitability. Charges of $6M recorded primarily for professional fees in SG&A. These actions may or may not lead to future restructuring actions. | |||
| 2013-12-27 | restructuring | in_progress | Program 2014 [Member] | USD 1,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2013-12-27 | restructuring | in_progress | Program 2013 [Member] | USD 6,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2013-09-27 | restructuring | in_progress | Global | NA Installation & Services; ROW Installation & Services; Global Products; Corporate and Other | USD 99 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | FY2013 charges of $99M for 2013-initiated actions ($92M severance and benefits, $7M facility exit and other); reserve balance $68M at year-end. Headcount affected not disclosed. | ||||
| 2013-09-27 | restructuring | in_progress | Global | ROW Installation & Services; Global Products | USD 3 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | FY2013 activity only on the FY2012-initiated program ($3M charge; reserve balance $15M at year-end). Headcount affected not disclosed. | ||||
| 2013-09-27 | restructuring | in_progress | Global | Corporate and Other | USD 20 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | FY2013 repositioning charges of $20M, primarily professional fees, recorded in SG&A; filer notes these actions may not lead to a future restructuring action. | ||||
| 2013-09-27 | divestiture_reduction | completed | North America | NA Installation & Services (guarding business) | discontinued_operations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Sale of the North America guarding business completed in Q3 FY2013 for approximately $25M cash proceeds; headcount removed not disclosed. | |||||
| 2013-09-27 | divestiture_reduction | announced | 2013-12-31 | New Zealand; Fiji | ROW Installation & Services (armored guard and fire/security businesses) | USD 13 (millions) | discontinued_operations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Plan approved in Q4 FY2013 to sell the New Zealand armored guard and Fiji fire and security businesses; $13M pre-tax write-down to fair value less cost to sell recorded. Expected to close in Q1 FY2014; headcount not disclosed. | |||
| 2013-09-27 | acquisition_addition | completed | 2013-07-26 | United States | Global Products | USD 148 (millions) | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Acquisition of Exacq Technologies (open-architecture video management systems) for approximately $148M cash net of cash acquired; headcount added not disclosed. | |||
| 2013-09-27 | acquisition_addition | completed | 2013-11-08 | United States; Chile; Peru | NA Installation & Services; ROW Installation & Services | subsequent_events f5-10k / MiMo-V2.6-Flash-fp8-HTML | Acquisition of Westfire, Inc., a fire protection services company, completed 2013-11-08 (after fiscal year-end, before filing); headcount added not disclosed. | ||||
| 2013-09-27 | restructuring | completed | 2013-01-01 | 2013-09-27 | Global | All Segments | USD 134 (millions) | MD&A f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML | Fiscal 2013 restructuring, repositioning and asset impairment charges of $134 million. Employee count not disclosed. | ||
| 2013-09-27 | restructuring | completed | 2013-01-01 | 2013-09-27 | Global | All Segments | USD 84 (millions) | restructuring_footnote f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML | Cash paid related to restructuring activities during 2013 was approximately $84 million. Employee count not disclosed. | ||
| 2013-09-27 | restructuring | completed | Global | All Segments | USD 114 (millions) | restructuring_footnote f5-10k / Qwen3.6-27B-Q8_0 | Total restructuring and asset impairment charges for 2013 actions were $99 million; 2012 actions $3 million; 2011 and prior actions $12 million. Employee severance and benefits totaled $92 million for 2013 actions. Specific employee counts not disclosed. | ||||
| 2013-09-27 | restructuring | completed | Global | Corporate and Other | USD 20 (millions) | MD&A f5-10k / Qwen3.6-27B-Q8_0 | Repositioning charges of $20 million primarily related to professional fees to streamline operations and align functions. | ||||
| 2013-09-27 | restructuring | in_progress | Pre 2011 and 2011 Program [Member] | USD 12,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2013-09-27 | restructuring | in_progress | Program 2013 [Member] | USD 102,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2013-09-27 | restructuring | in_progress | Program 2012 [Member] | USD 8,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2013-06-28 | restructuring | in_progress | North America | NA Installation & Services | USD 22 (millions) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Nine months ended June 28, 2013: $21M employee severance and benefits plus $1M facility exit and other charges; $16M of the total was recorded in the third quarter. | ||||
| 2013-06-28 | restructuring | in_progress | Rest of World | ROW Installation & Services | USD 41 (millions) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Nine months ended June 28, 2013: $39M employee severance and benefits plus $2M facility exit and other charges; $31M of the total was recorded in the third quarter. | ||||
| 2013-06-28 | restructuring | in_progress | Global Products | USD 8 (millions) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Nine months ended June 28, 2013: $6M employee severance and benefits plus $2M facility exit and other charges; $4M of the total was recorded in the third quarter. | |||||
| 2013-06-28 | restructuring | in_progress | Corporate and Other | USD 1 (millions) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Nine months ended June 28, 2013: $1M employee severance and benefits; no third-quarter charge for this segment. | |||||
| 2013-06-28 | restructuring | in_progress | Company-wide repositioning actions | USD 9 (millions) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Repositioning charges of $5M in the quarter and $9M for the nine months ended June 28, 2013, primarily professional fees recorded in SG&A; no repositioning charges in fiscal 2012. | |||||
| 2013-06-28 | divestiture_reduction | completed | North America | NA Installation & Services — guarding business | other f5-10q / GLM-5.3-flash-fp4-HTML | North America guarding business sold in Q3 fiscal 2013 for approximately $25 million cash proceeds net of $2 million cash divested; no employee count disclosed. | |||||
| 2013-06-28 | restructuring | in_progress | Global | NA Installation & Services; ROW Installation & Services; Global Products; Corporate and Other | USD 51 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | 2013 restructuring actions; $51M charge in Q3 FY2013 ($72M YTD). Employee severance and benefits of $49M in Q3 ($67M YTD). No employee counts disclosed. Company expects ~$100M total restructuring charges in fiscal 2013. | ||||
| 2013-06-28 | restructuring | in_progress | Global | NA Installation & Services; ROW Installation & Services; Global Products; Corporate and Other | USD 5 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | 2012 restructuring actions continuing; $5M charge in Q3 FY2013 ($5M YTD). Reserve balance of $20M as of June 28, 2013. No employee counts disclosed. | ||||
| 2013-06-28 | restructuring | in_progress | Primarily ROW Installation & Services | ROW Installation & Services; Corporate and Other | USD 3 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | 2011 and prior restructuring actions; $3M charge in Q3 FY2013 ($8M YTD). Remaining reserves of $48M as of June 28, 2013, primarily facility exit costs for long-term lease obligations. No employee counts disclosed. | ||||
| 2013-06-28 | divestiture_reduction | completed | North America | NA Installation & Services — guarding business | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Sale of North America guarding business completed in Q3 FY2013 for ~$25M cash proceeds. No headcount associated with the divestiture disclosed. | |||||
| 2013-06-28 | other | in_progress | 2013-04-22 | United States | Yarway Corporation (indirect subsidiary) | USD 10 (millions) | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Yarway filed Chapter 11 bankruptcy on April 22, 2013 to establish asbestos claims trust. $10M expected loss upon deconsolidation recorded. No employee counts disclosed. | |||
| 2013-06-28 | restructuring | in_progress | 2013-01-01 | Global | NA Installation & Services | USD 16 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | 2013 actions: $17M employee severance/benefits, $(1)M facility exit/other. Total Q3 charge $16M. | |||
| 2013-06-28 | restructuring | in_progress | 2013-01-01 | Global | ROW Installation & Services | USD 31 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | 2013 actions: $30M employee severance/benefits, $1M facility exit/other. Total Q3 charge $31M. | |||
| 2013-06-28 | restructuring | in_progress | 2013-01-01 | Global | Global Products | USD 4 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | 2013 actions: $2M employee severance/benefits, $2M facility exit/other. Total Q3 charge $4M. | |||
| 2013-06-28 | restructuring | in_progress | 2012-01-01 | Global | ROW Installation & Services | USD -1 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | 2012 actions: $(1)M employee severance/benefits. Total Q3 charge $(1)M. | |||
| 2013-06-28 | restructuring | in_progress | 2011-01-01 | Global | Corporate and Other | USD 3 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | 2011 and prior actions: $3M total Q3 charge. Reserves primarily relate to facility exit costs. | |||
| 2013-06-28 | restructuring | in_progress | 2013-01-01 | Global | NA Installation & Services | USD 22 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | 2013 actions YTD: $21M employee severance/benefits, $1M facility exit/other. Total YTD charge $22M. | |||
| 2013-06-28 | restructuring | in_progress | 2013-01-01 | Global | ROW Installation & Services | USD 41 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | 2013 actions YTD: $39M employee severance/benefits, $2M facility exit/other. Total YTD charge $41M. | |||
| 2013-06-28 | restructuring | in_progress | 2013-01-01 | Global | Global Products | USD 8 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | 2013 actions YTD: $6M employee severance/benefits, $2M facility exit/other. Total YTD charge $8M. | |||
| 2013-06-28 | restructuring | in_progress | 2013-01-01 | Global | Corporate and Other | USD 1 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | 2013 actions YTD: $1M employee severance/benefits. Total YTD charge $1M. | |||
| 2013-06-28 | restructuring | in_progress | 2012-01-01 | Global | ROW Installation & Services | USD 4 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | 2012 actions YTD: $4M employee severance/benefits. Total YTD charge $4M. | |||
| 2013-06-28 | restructuring | in_progress | 2012-01-01 | Global | Global Products | USD 1 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | 2012 actions YTD: $1M employee severance/benefits. Total YTD charge $1M. | |||
| 2013-06-28 | restructuring | in_progress | 2011-01-01 | Global | Corporate and Other | USD 8 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | 2011 and prior actions YTD: $8M total YTD charge. | |||
| 2013-06-28 | restructuring | in_progress | 2013-01-01 | Global | Corporate and Other | USD 5 (millions) | MD&A f5-10q / Qwen3.6-27B-Q8_0 | Repositioning charges of $5M in Q3, primarily professional fees, reflected in SG&A. | |||
| 2013-06-28 | restructuring | in_progress | 2013-01-01 | Global | Corporate and Other | USD 9 (millions) | MD&A f5-10q / Qwen3.6-27B-Q8_0 | Repositioning charges of $9M YTD, primarily professional fees, reflected in SG&A. | |||
| 2013-06-28 | restructuring | in_progress | Program 2012 [Member] | USD 6,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2013-06-28 | restructuring | in_progress | Program 2013 [Member] | USD 78,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2013-03-29 | restructuring | in_progress | North America | NA Installation & Services | USD 6 (millions) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Comprises $4 million employee severance and benefits and $2 million facility exit and other charges; no employee count disclosed | ||||
| 2013-03-29 | restructuring | in_progress | Rest of World | ROW Installation & Services | USD 10 (millions) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Comprises $9 million employee severance and benefits and $1 million facility exit and other charges; no employee count disclosed | ||||
| 2013-03-29 | restructuring | in_progress | Global Products | USD 4 (millions) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | All employee severance and benefits; no employee count disclosed | |||||
| 2013-03-29 | restructuring | in_progress | Corporate and Other | USD 1 (millions) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | All employee severance and benefits; no employee count disclosed | |||||
| 2013-03-29 | restructuring | in_progress | Corporate and Other | USD 4 (millions) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Repositioning charges recorded in Q2 fiscal 2013, primarily professional fees, reflected in SG&A; no employee count disclosed | |||||
| 2013-03-29 | divestiture_reduction | announced | North America | NA Installation & Services — guarding business | other f5-10q / GLM-5.3-flash-fp4-HTML | Plan approved in Q2 fiscal 2013 to sell North America guarding business; definitive agreement signed after quarter-end; expected to close in Q3 fiscal 2013; no headcount disclosed | |||||
| 2013-03-29 | restructuring | in_progress | Global | NA Installation & Services; ROW Installation & Services; Global Products; Corporate and Other | USD 32 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Six months ended March 29, 2013 restructuring charges of $32M across 2013, 2012, and 2011/prior actions; workforce reductions referenced but no employee counts disclosed. Company expects ~$75M in fiscal 2013 restructuring charges. | ||||
| 2013-03-29 | restructuring | in_progress | Global | Corporate and Other | USD 4 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Q2 FY2013 repositioning charges of $4M for professional fees to streamline operations; no employee counts disclosed. | ||||
| 2013-03-29 | divestiture_reduction | in_progress | 2013-06-30 | North America | NA Installation & Services — North America guarding business | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Plan approved in Q2 FY2013 to sell North America guarding business; held for sale as of March 29, 2013; definitive agreement signed after quarter end; no headcount disclosed. | ||||
| 2013-03-29 | restructuring | in_progress | 2013-01-01 | Global | NA Installation & Services | USD 6 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | 2013 actions: $4M employee severance and benefits, $2M facility exit and other charges. | |||
| 2013-03-29 | restructuring | in_progress | 2013-01-01 | Global | ROW Installation & Services | USD 7 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | 2013 actions: $7M employee severance and benefits. | |||
| 2013-03-29 | restructuring | in_progress | 2013-01-01 | Global | Global Products | USD 3 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | 2013 actions: $3M employee severance and benefits. | |||
| 2013-03-29 | restructuring | in_progress | 2012-01-01 | Global | ROW Installation & Services | USD 2 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | 2012 actions: $2M employee severance and benefits. | |||
| 2013-03-29 | restructuring | in_progress | 2012-01-01 | Global | Global Products | USD 1 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | 2012 actions: $1M employee severance and benefits. | |||
| 2013-03-29 | restructuring | in_progress | 2011-01-01 | Global | Corporate and Other | USD 4 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | 2011 and prior actions: $4M restructuring charges, net. | |||
| 2013-03-29 | restructuring | in_progress | 2013-01-01 | Global | Corporate and Other | USD 1 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | 2013 actions: $1M employee severance and benefits. | |||
| 2013-03-29 | restructuring | in_progress | 2013-01-01 | Global | ROW Installation & Services | USD 1 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | 2013 actions: $1M facility exit and other charges. | |||
| 2013-03-29 | restructuring | in_progress | 2013-01-01 | Global | Global Products | USD 4 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | 2013 actions (YTD): $4M employee severance and benefits. | |||
| 2013-03-29 | restructuring | in_progress | 2013-01-01 | Global | ROW Installation & Services | USD 10 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | 2013 actions (YTD): $9M employee severance and benefits, $1M facility exit and other charges. | |||
| 2013-03-29 | restructuring | in_progress | 2012-01-01 | Global | ROW Installation & Services | USD 5 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | 2012 actions (YTD): $5M employee severance and benefits. | |||
| 2013-03-29 | restructuring | in_progress | 2011-01-01 | Global | Corporate and Other | USD 5 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | 2011 and prior actions (YTD): $5M restructuring charges, net. | |||
| 2013-03-29 | restructuring | in_progress | Pre2011 And2011 Program | USD 7,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2013-03-29 | restructuring | in_progress | Program2013 | USD 21,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2013-03-29 | restructuring | in_progress | Program2012 | USD 7,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2012-12-28 | restructuring | in_progress | ROW Installation & Services | USD 3 (millions) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | 2013 actions in ROW Installation & Services: $2M employee severance and benefits plus $1M facility exit and other charges; no employee counts disclosed. | |||||
| 2012-12-28 | restructuring | in_progress | Global Products | USD 1 (millions) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | 2013 actions in Global Products: $1M employee severance and benefits; no employee counts disclosed. | |||||
| 2012-12-28 | restructuring | in_progress | Corporate and Other | USD 1 (millions) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | 2013 actions in Corporate and Other: $1M employee severance and benefits; no employee counts disclosed. | |||||
| 2012-12-28 | restructuring | in_progress | ROW Installation & Services | USD 3 (millions) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | 2012 actions in ROW Installation & Services: $3M employee severance and benefits during the quarter; no employee counts disclosed. | |||||
| 2012-12-28 | restructuring | in_progress | Global Products | USD 1 (millions) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | 2012 actions in Global Products: $1M employee severance and benefits during the quarter; no employee counts disclosed. | |||||
| 2012-12-28 | divestiture_reduction | completed | 2012-09-28 | 2012-09-28 | Former North American residential security (ADT) and flow control businesses | other f5-10q / GLM-5.3-flash-fp4-HTML | Spin-offs of ADT and Tyco Flow Control completed September 28, 2012; former businesses classified as discontinued operations. No headcount figures disclosed. | ||||
| 2012-12-28 | restructuring | in_progress | Global | ROW Installation & Services | USD 3 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | 2013 restructuring actions: $2M employee severance and benefits plus $1M facility exit and other charges. No employee count disclosed. | ||||
| 2012-12-28 | restructuring | in_progress | Global | Global Products | USD 1 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | 2013 restructuring actions: $1M employee severance and benefits. No employee count disclosed. | ||||
| 2012-12-28 | restructuring | in_progress | Global | Corporate and Other | USD 1 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | 2013 restructuring actions: $1M employee severance and benefits. No employee count disclosed. | ||||
| 2012-12-28 | restructuring | in_progress | Global | ROW Installation & Services | USD 3 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | 2012 actions: $3M employee severance and benefits. No employee count disclosed. | ||||
| 2012-12-28 | restructuring | in_progress | Global | Global Products | USD 1 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | 2012 actions: $1M employee severance and benefits. No employee count disclosed. | ||||
| 2012-12-28 | restructuring | in_progress | Global | All segments | USD 1 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | 2011 and prior actions: $1M restructuring charges, net. Remaining reserves of $59M primarily for facility exit costs on long-term leases in ROW Installation & Services. | ||||
| 2012-12-28 | divestiture_reduction | completed | 2012-09-28 | 2012-09-28 | Global | Flow control and North American residential security businesses (spun off as Pentair Ltd. and The ADT Corporation) | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | 2012 Separation spin-offs completed 2012-09-28; former flow control and NA residential security businesses reclassified as discontinued operations. No headcount removed disclosed. | |||
| 2012-12-28 | restructuring | in_progress | 2013-01-01 | Rest of World | ROW Installation & Services | USD 3 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | 2013 actions: $2M employee severance and benefits, $1M facility exit and other charges. | |||
| 2012-12-28 | restructuring | in_progress | 2013-01-01 | Global | Global Products | USD 1 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | 2013 actions: $1M employee severance and benefits. | |||
| 2012-12-28 | restructuring | in_progress | 2013-01-01 | Corporate | Corporate and Other | USD 1 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | 2013 actions: $1M employee severance and benefits. | |||
| 2012-12-28 | restructuring | in_progress | 2012-01-01 | Rest of World | ROW Installation & Services | USD 3 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | 2012 actions: $3M employee severance and benefits. | |||
| 2012-12-28 | restructuring | in_progress | 2012-01-01 | Global | Global Products | USD 1 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | 2012 actions: $1M employee severance and benefits. | |||
| 2012-09-28 | restructuring | in_progress | North America | NA Installation & Services | USD 44 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | FY2012 charges: $10M employee severance and benefits plus $34M facility exit and other charges; includes $20M of asset impairment related to the 2012 Separation. No employee count disclosed. | ||||
| 2012-09-28 | restructuring | in_progress | Rest of World | ROW Installation & Services | USD 27 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | FY2012 charges: $22M employee severance and benefits plus $5M facility exit and other charges; includes $1M of asset impairment related to the 2012 Separation. No employee count disclosed. | ||||
| 2012-09-28 | restructuring | in_progress | Global | Global Products | USD 10 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | FY2012 charges: $7M employee severance and benefits plus $3M facility exit and other charges; includes $2M of asset impairment related to the 2012 Separation. No employee count disclosed. | ||||
| 2012-09-28 | restructuring | in_progress | Global | Corporate and Other | USD 13 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | FY2012 charges: $9M employee severance and benefits (including $6M related to the 2012 Separation) plus $4M facility exit and other charges. Program-wide FY2012 total was $94M ($48M severance, $46M facility exit/other); $38M of 2012-action reserves remained at year-end. No employee count disclosed. | ||||
| 2012-09-28 | restructuring | in_progress | Rest of World | ROW Installation & Services; Corporate and Other | USD 4 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Multi-year 2011 restructuring program; only FY2012 activity shown ($2M severance, $2M facility exit/other). $17M of 2011-action reserves remained at year-end after $32M utilization during FY2012. No employee count disclosed. | ||||
| 2012-09-28 | restructuring | in_progress | Primarily Rest of World | Primarily ROW Installation & Services (facility exits) | USD 6 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Legacy multi-year program; only FY2012 charges shown. $48M of reserves remained at year-end, primarily facility exit costs for long-term non-cancelable leases. No employee count disclosed. | ||||
| 2012-09-28 | divestiture_reduction | completed | 2012-09-28 | United States and Canada (ADT); global (Tyco Flow Control) | North American residential security business and flow control business (spun off as The ADT Corporation and Pentair Ltd.) | discontinued_operations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Spin-offs completed on the last day of fiscal 2012; associated businesses reclassified to discontinued operations. No headcount transferred with the separation is disclosed; $839M of pre-tax separation charges ($561M continuing operations) relate to the transaction. | ||||
| 2012-09-28 | acquisition_addition | completed | 2011-12-06 | Global | Global Products | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Visonic Ltd. acquired December 6, 2011 for approximately $94M cash net of cash acquired; other FY2012 acquisitions were not material individually or in aggregate. Total FY2012 cash paid for continuing-operations acquisitions was $217M net of cash acquired. No acquired headcount disclosed. | ||||
| 2012-09-28 | restructuring | completed | 2012-01-01 | 2012-09-28 | Global | All Segments | USD 104 (millions) | restructuring_footnote f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML | Total restructuring and asset impairment charges of $104 million for fiscal 2012. Includes $94 million for 2012 actions, $4 million for 2011 actions, and $6 million for 2009 and prior actions. Employee severance and benefits charges were $54 million; facility exit and other charges were $50 million. Specific headcount not disclosed. | ||
| 2012-09-28 | restructuring | completed | 2012-01-01 | 2012-09-28 | Global | NA Installation & Services | USD 45 (millions) | MD&A f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML | Restructuring and asset impairment charges related to organizational realignment in NA Installation & Services segment. | ||
| 2012-09-28 | restructuring | completed | 2012-01-01 | 2012-09-28 | Global | ROW Installation & Services | USD 36 (millions) | MD&A f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML | Restructuring and asset impairment charges in ROW Installation & Services segment. | ||
| 2012-09-28 | restructuring | completed | 2012-01-01 | 2012-09-28 | Global | Global Products | USD 10 (millions) | MD&A f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML | Restructuring and asset impairment charges in Global Products segment. | ||
| 2012-09-28 | restructuring | completed | 2012-01-01 | 2012-09-28 | Global | Corporate and Other | USD 13 (millions) | MD&A f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML | Restructuring and asset impairment charges in Corporate and Other. | ||
| 2012-09-28 | restructuring | completed | 2012 | Global | All Segments | USD 94 (millions) | restructuring_footnote f5-10k / Qwen3.6-27B-Q8_0 | 2012 actions included employee severance and benefits ($48M) and facility exit/other charges ($46M). Employee count not disclosed. | |||
| 2012-09-28 | restructuring | completed | 2011 | Global | All Segments | USD 4 (millions) | restructuring_footnote f5-10k / Qwen3.6-27B-Q8_0 | 2011 actions incurred $4M in charges during fiscal 2012. Employee count not disclosed. | |||
| 2012-09-28 | restructuring | completed | 2009 | Global | All Segments | USD 6 (millions) | restructuring_footnote f5-10k / Qwen3.6-27B-Q8_0 | 2009 and prior actions incurred $6M in charges during fiscal 2012. Employee count not disclosed. | |||
| 2012-09-28 | restructuring | in_progress | Program2012 / Corporate And Other Segment / Employee Severance | USD 6,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2012-09-28 | restructuring | in_progress | Program2012 / Corporate And Other Segment / Facility Closing | USD 4,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2012-06-29 | restructuring | in_progress | 2012-09-30 | Commercial Fire and Security; Flow Control; Corporate and Other | USD 69 (millions) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Nine-month charges of $69 million ($25 million in the quarter) for 2012 actions, split $33 million employee severance and benefits and $36 million facility exit and other charges; company expects $75-$100 million of restructuring and related charges in fiscal 2012. | ||||
| 2012-06-29 | restructuring | in_progress | Commercial Fire and Security; ADT North American Residential; Flow Control; Corporate and Other | USD 9 (millions) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Nine-month fiscal 2012 charges of $9 million under the 2011 Program ($2 million in the quarter); cumulative charges since program inception total $94 million. | |||||
| 2012-06-29 | restructuring | in_progress | 2011-09-19 | Corporate and Other | USD 195 (millions) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Separation-related charges of $195 million for the nine months ($72 million in the quarter), primarily professional fees and merger costs, including $29 million of separation-related restructuring and asset impairment charges; company expects an additional $75-$100 million of separation-related restructuring charges in fiscal 2012. | ||||
| 2012-06-29 | restructuring | in_progress | Commercial Fire and Security | USD 50 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Nine months ended June 29, 2012 charges for the 2012 actions program ($23M severance and benefits, $27M facility exit and other, including $23M separation-related asset impairment). No employee counts or completion date disclosed; company expects $75-100M of restructuring charges in fiscal 2012 plus an additional $75-100M related to the 2012 Separation. | |||||
| 2012-06-29 | restructuring | in_progress | Flow Control | USD 13 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Nine months ended June 29, 2012 charges ($7M severance and benefits, $6M facility exit and other). No employee counts disclosed. | |||||
| 2012-06-29 | restructuring | in_progress | Corporate and Other | USD 6 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Nine months ended June 29, 2012 charges ($3M severance and benefits, $3M facility exit and other), of which $2M severance and $3M other relate to the 2012 Separation. No employee counts disclosed. | |||||
| 2012-06-29 | restructuring | in_progress | Commercial Fire and Security | USD 6 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Nine months ended June 29, 2012 charges under the 2011 Program ($5M severance and benefits, $1M facility exit and other). Program initiated during fiscal 2011; no announcement date or employee counts disclosed. | |||||
| 2012-06-29 | restructuring | in_progress | ADT North American Residential | USD 3 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Nine months ended June 29, 2012 facility exit and other charges under the 2011 Program. No employee counts disclosed. | |||||
| 2012-06-29 | divestiture_reduction | in_progress | 2011-09-19 | United States; Canada (residential security spin-off); global (flow control) | ADT North American Residential; Flow Control | USD 195 (millions) | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Planned spin-off of the North American residential security and flow control businesses (flow control to be merged with Pentair). Separation-related charges of $195M for the nine months ended June 29, 2012 ($72M in the quarter), comprising $159M separation costs, $29M separation-related restructuring and asset impairment charges, $4M in SG&A and $3M in interest expense. Completion subject to shareholder and regulatory approvals; no headcount figures disclosed. The $29M restructuring component overlaps with the 2012 actions records above. | |||
| 2012-06-29 | restructuring | in_progress | 2012-01-01 | Global | Commercial Fire and Security | USD 11 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | 2012 actions: $10M employee severance and benefits, $1M facility exit and other charges. | |||
| 2012-06-29 | restructuring | in_progress | 2012-01-01 | Global | Flow Control | USD 10 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | 2012 actions: $5M employee severance and benefits, $5M facility exit and other charges. | |||
| 2012-06-29 | restructuring | in_progress | 2012-01-01 | Global | Corporate and Other | USD 4 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | 2012 actions: $2M employee severance and benefits, $2M facility exit and other charges. | |||
| 2012-06-29 | restructuring | in_progress | 2011-01-01 | Global | Commercial Fire and Security | USD 2 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | 2011 program: $2M employee severance and benefits. | |||
| 2012-06-29 | restructuring | in_progress | 2011-01-01 | Global | Flow Control | USD 1 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | 2011 program: $1M facility exit and other charges. | |||
| 2012-06-29 | restructuring | in_progress | 2011-01-01 | Global | Corporate and Other | USD -1 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | 2011 program: $(1)M employee severance and benefits (reversal). | |||
| 2012-06-29 | restructuring | in_progress | 2009-01-01 | Global | Corporate and Other | USD 2 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | 2009 and prior programs: $2M restructuring charges. | |||
| 2012-06-29 | restructuring | in_progress | Program2012 / Corporate And Other Segment / Employee Severance | USD 3,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2012-06-29 | restructuring | in_progress | Program2012 / Corporate And Other Segment / Facility Closing | USD 2,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2012-03-30 | restructuring | in_progress | 2012-09-30 | Commercial Fire and Security | USD 12 (millions) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Quarter charge of $12M ($10M employee severance and benefits, $2M facility exit and other charges); six-month charge $39M. No employee count disclosed. | ||||
| 2012-03-30 | restructuring | in_progress | 2012-09-30 | Flow Control | USD 2 (millions) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Quarter charge of $2M ($1M severance, $1M facility exit); six-month charge $3M. | ||||
| 2012-03-30 | restructuring | in_progress | 2012-09-30 | Corporate and Other | USD -2 (millions) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Quarter net income of $2M (severance reversal); six-month charge $2M including $1M related to the 2012 Separation. | ||||
| 2012-03-30 | restructuring | in_progress | Commercial Fire and Security | USD 3 (millions) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Quarter charge of $3M ($1M severance, $2M facility exit); six-month charge $4M. | |||||
| 2012-03-30 | restructuring | in_progress | ADT North American Residential | USD 1 (millions) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Quarter charge of $1M facility exit; six-month charge $3M. | |||||
| 2012-03-30 | restructuring | in_progress | Flow Control | USD -1 (millions) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Six-month net income of $1M (severance reversal); no quarter charge. | |||||
| 2012-03-30 | restructuring | in_progress | Corporate and Other | USD 1 (millions) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Six-month charge of $1M facility exit; no quarter charge. | |||||
| 2012-03-30 | restructuring | in_progress | 2009 and prior programs | USD 1 (millions) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Quarter charge $1M; six-month charge $2M. Reserves of $60M as of March 30, 2012 primarily relate to facility exit costs for non-cancelable lease obligations. | |||||
| 2012-03-30 | restructuring | announced | 2011-09-19 | Company-wide (2012 Separation) | USD 66 (millions) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Separation costs of $66M for the quarter ($98M six months), primarily professional fees. Company also expects approximately $125M of additional restructuring and restructuring-related charges in fiscal 2012 in conjunction with the 2012 Separation; $23M asset impairment and $2M restructuring charges recorded in the six months related to the Separation. | ||||
| 2012-03-30 | restructuring | in_progress | Global | Commercial Fire and Security; ADT North American Residential; Flow Control; Corporate and Other | USD 44 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | 2012 restructuring actions incurred $44M in six months ended March 30, 2012; includes $23M asset impairment and $2M restructuring related to 2012 Separation. No employee headcount disclosed. | ||||
| 2012-03-30 | restructuring | in_progress | Global | Commercial Fire and Security; ADT North American Residential; Flow Control; Corporate and Other | USD 7 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | 2011 Program charges of $7M in six months ended March 30, 2012; reserve balance of $37M as of March 30, 2012. No employee headcount disclosed. | ||||
| 2012-03-30 | restructuring | in_progress | Global | Commercial Fire and Security; ADT North American Residential | USD 2 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | 2009 and prior programs incurred $2M in six months ended March 30, 2012; total reserves of $60M as of March 30, 2012. No employee headcount disclosed. | ||||
| 2012-03-30 | restructuring | in_progress | 2011-09-19 | Global | Corporate (2012 Separation — spin-off of ADT North American Residential and Flow Control businesses) | USD 98 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Separation costs of $98M incurred in six months ended March 30, 2012, primarily professional fees and Merger-related costs. Company expects additional $125M restructuring charges in fiscal 2012 related to the Separation. No employee headcount disclosed. | |||
| 2012-03-30 | acquisition_addition | completed | Global | Commercial Fire and Security | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Cash paid for acquisitions totaled $205M in six months ended March 30, 2012, including Visonic Ltd. for $94M. No headcount added through acquisitions disclosed. | |||||
| 2012-03-30 | divestiture_reduction | completed | Mexico | Commercial Fire and Security | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Sale of Fire Equipment de Mexico (FEMSA) completed during quarter ended March 30, 2012 for approximately $1M cash consideration. No headcount reduction disclosed. | |||||
| 2012-03-30 | restructuring | in_progress | 2012-01-01 | Global | Commercial Fire and Security | USD 12 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | 2012 actions: $10M employee severance and benefits, $2M facility exit and other charges for the quarter ended March 30, 2012. | |||
| 2012-03-30 | restructuring | in_progress | 2012-01-01 | Global | Flow Control | USD 2 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | 2012 actions: $1M employee severance and benefits, $1M facility exit and other charges for the quarter ended March 30, 2012. | |||
| 2012-03-30 | restructuring | in_progress | 2012-01-01 | Global | Corporate and Other | USD -2 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | 2012 actions: $(2)M employee severance and benefits benefit for the quarter ended March 30, 2012. | |||
| 2012-03-30 | restructuring | in_progress | 2011-01-01 | Global | Commercial Fire and Security | USD 2 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | 2011 Program: $1M employee severance and benefits, $1M facility exit and other charges for the quarter ended March 30, 2012. | |||
| 2012-03-30 | restructuring | in_progress | 2011-01-01 | Global | ADT North American Residential | USD 1 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | 2011 Program: $1M facility exit and other charges for the quarter ended March 30, 2012. | |||
| 2012-03-30 | restructuring | in_progress | Program2012 / Corporate And Other Segment / Employee Severance | USD 1,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2012-03-30 | restructuring | in_progress | Program2012 / Corporate And Other Segment / Facility Closing | USD 1,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2012-03-30 | restructuring | in_progress | USD 2,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | |||||||
| 2011-12-30 | restructuring | in_progress | Tyco Security Solutions | USD 24 (millions) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Includes $2M employee severance and $22M facility exit/other charges, of which $21M were asset impairment charges related to the 2012 Separation. | |||||
| 2011-12-30 | restructuring | in_progress | Tyco Fire Protection | USD 3 (millions) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Includes $1M employee severance and $2M facility exit/other charges, including $2M asset impairment related to the 2012 Separation. | |||||
| 2011-12-30 | restructuring | in_progress | Tyco Flow Control | USD 1 (millions) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Employee severance and benefits charges. | |||||
| 2011-12-30 | restructuring | in_progress | Corporate and Other | USD 4 (millions) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Includes $3M employee severance and $1M other restructuring charges related to the 2012 Separation. | |||||
| 2011-12-30 | restructuring | in_progress | Tyco Security Solutions (2011 Program) | USD 4 (millions) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Quarterly charge under the ongoing 2011 cost-savings restructuring program. | |||||
| 2011-12-30 | restructuring | in_progress | Tyco Flow Control (2011 Program) | USD -1 (millions) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Net reversal of employee severance and benefits reserves. | |||||
| 2011-12-30 | restructuring | in_progress | Corporate and Other (2011 Program) | USD 1 (millions) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Facility exit and other charges. | |||||
| 2011-12-30 | divestiture_reduction | announced | 2011-09-19 | 2012-09-30 | North American residential security; Flow Control; Commercial Fire and Security | USD 32 (millions) | MD&A f5-10q / GLM-5.3-flash-fp4-HTML | Plan to split into three public companies via tax-free pro rata distribution by end of Q3 calendar 2012; $32M separation costs (primarily professional fees) incurred in the quarter, plus $23M asset impairment and $2M restructuring charges; company anticipates ~$125M restructuring-related charges in conjunction with the separation. No headcount figures disclosed. | |||
| 2011-12-30 | restructuring | in_progress | Global | Tyco Security Solutions | USD 24 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Includes $21M asset impairment and $2M severance/benefits; no employee count disclosed. | ||||
| 2011-12-30 | restructuring | in_progress | Global | Tyco Fire Protection | USD 3 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Includes $2M asset impairment; no employee count disclosed. | ||||
| 2011-12-30 | restructuring | in_progress | Global | Tyco Flow Control | USD 1 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Employee severance and benefits only; no employee count disclosed. | ||||
| 2011-12-30 | restructuring | in_progress | Global | Corporate and Other | USD 4 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Includes $1M severance and $1M other restructuring related to the 2012 Separation; no employee count disclosed. | ||||
| 2011-12-30 | restructuring | in_progress | Global | Multiple segments (2011 Program) | USD 4 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Ongoing 2011 Program charges of $4M in the quarter; no employee count disclosed. | ||||
| 2011-12-30 | restructuring | in_progress | 2011-09-19 | 2012-09-30 | Global | Company-wide (2012 Separation into three public companies) | USD 32 (millions) | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | Separation costs of $32M (primarily professional fees) plus $23M asset impairment and $2M restructuring charges related to the separation; no employee count disclosed. Company expects ~$125M in separation-related restructuring charges in FY2012. | ||
| 2011-12-30 | acquisition_addition | completed | Global | Tyco Security Solutions (Visonic Ltd.) | USD 94 (millions) | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Acquisition of Visonic Ltd. completed 2011-12-06 for ~$94M net of cash acquired; no headcount added disclosed. | ||||
| 2011-12-30 | restructuring | in_progress | 2011-12-30 | Global | Tyco Security Solutions | USD 24 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Includes $2M employee severance and $22M facility exit/other charges. Part of 2012 actions. | |||
| 2011-12-30 | restructuring | in_progress | 2011-12-30 | Global | Tyco Fire Protection | USD 3 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Includes $1M employee severance and $2M facility exit/other charges. Part of 2012 actions. | |||
| 2011-12-30 | restructuring | in_progress | 2011-12-30 | Global | Tyco Flow Control | USD 1 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Includes $1M employee severance. Part of 2012 actions. | |||
| 2011-12-30 | restructuring | in_progress | 2011-12-30 | Global | Corporate and Other | USD 4 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Includes $3M employee severance and $1M facility exit/other charges. Part of 2012 actions. | |||
| 2011-12-30 | restructuring | in_progress | 2011-12-30 | Global | Tyco Security Solutions | USD 4 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Part of 2011 Program. Includes $3M employee severance and $1M facility exit/other charges. | |||
| 2011-12-30 | restructuring | in_progress | 2011-12-30 | Global | Tyco Flow Control | USD -1 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Part of 2011 Program. Includes $(1)M employee severance (reversal). | |||
| 2011-12-30 | restructuring | in_progress | 2011-12-30 | Global | Corporate and Other | USD 1 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Part of 2011 Program. Includes $1M facility exit/other charges. | |||
| 2011-12-30 | restructuring | in_progress | USD 2,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | |||||||
| 2011-12-30 | restructuring | in_progress | Program2012 / Corporate And Other Segment / Facility Closing | USD 1,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2011-09-30 | restructuring | in_progress | Global | All segments and Corporate | USD 85 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | FY2011 charges of $85M (severance $67M, facility exit $17M); employees affected not disclosed; filer expects $125-150M of restructuring charges in fiscal 2012 | ||||
| 2011-09-30 | restructuring | in_progress | Global | All segments | USD 31 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | FY2011 activity on the 2009 program: $31M charges and $31M reversals (net nil); program substantially completed as of September 24, 2010; employees affected not disclosed | ||||
| 2011-09-30 | divestiture_reduction | completed | 2010-11-09 | 2010-12-22 | Global | Electrical and Metal Products | discontinued_operations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Sale of majority interest to Clayton, Dubilier & Rice affiliate (Atkore); $713M cash proceeds; headcount impact not disclosed | |||
| 2011-09-30 | divestiture_reduction | completed | 2010-09-30 | Europe | Tyco Flow Control — European water business | discontinued_operations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Sale completed for approximately $264M cash; presented as discontinued operations; headcount impact not disclosed | ||||
| 2011-09-30 | acquisition_addition | completed | 2011-04-29 | Australia and New Zealand | Tyco Security Solutions | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Signature Security Group acquired for $184M net of cash; acquired headcount not disclosed | ||||
| 2011-09-30 | acquisition_addition | completed | 2011-06-29 | Middle East | Tyco Flow Control | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | 75% interest in KEF Holdings acquired for approximately $295M net of cash; acquired headcount not disclosed | ||||
| 2011-09-30 | acquisition_addition | completed | 2011-09-01 | United States | Tyco Fire Protection | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Chemguard Inc. acquired for approximately $130M net of cash; acquired headcount not disclosed | ||||
| 2011-09-30 | acquisition_addition | announced | 2011-09-15 | Global | Tyco Security Solutions | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Agreement to acquire Visonic Ltd. for approximately $100M cash; expected to close in Q1 fiscal 2012; headcount not disclosed | ||||
| 2011-09-30 | other | announced | 2011-09-19 | 2012-09-30 | Global | Company-wide (2012 Separation into three public companies) | USD 700 (millions) | Item_1_Business f5-10k / MiMo-V2.6-Flash-fp8-HTML | Board-approved plan to separate into three public companies via tax-free pro rata distribution; estimated separation costs of approximately $700M; workforce impact not quantified | ||
| 2011-09-30 | restructuring | completed | Global | All Segments | USD 85 (millions) | restructuring_footnote f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML | 2011 Program restructuring charges of $85 million recorded during the year ended September 30, 2011. Includes employee severance, facility exit, and other charges. | ||||
| 2011-09-30 | restructuring | completed | Global | All Segments | USD 2 (millions) | restructuring_footnote f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML | 2009 Program restructuring charges of $2 million recorded during the year ended September 30, 2011. | ||||
| 2011-09-30 | restructuring | completed | Global | All Segments | USD 2 (millions) | restructuring_footnote f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML | 2007 and pre-2006 programs restructuring charges of $2 million recorded during the year ended September 30, 2011. | ||||
| 2011-09-30 | restructuring | completed | Global | Tyco Security Solutions | USD 26 (millions) | restructuring_footnote f5-10k / Qwen3.6-27B-Q8_0 | 2011 Program charges of $26 million ($20M employee severance/benefits, $6M facility exit/other). | ||||
| 2011-09-30 | restructuring | completed | Global | Tyco Fire Protection | USD 35 (millions) | restructuring_footnote f5-10k / Qwen3.6-27B-Q8_0 | 2011 Program charges of $35 million ($31M employee severance/benefits, $2M facility exit/other, $2M cost of sales). | ||||
| 2011-09-30 | restructuring | completed | Global | Tyco Flow Control | USD 12 (millions) | restructuring_footnote f5-10k / Qwen3.6-27B-Q8_0 | 2011 Program charges of $12 million ($10M employee severance/benefits, $3M facility exit/other, -$1M SG&A). | ||||
| 2011-09-30 | restructuring | completed | Global | Corporate and Other | USD 12 (millions) | restructuring_footnote f5-10k / Qwen3.6-27B-Q8_0 | 2011 Program charges of $12 million ($6M employee severance/benefits, $6M facility exit/other). | ||||
| 2011-06-24 | restructuring | in_progress | 2011-09-30 | Company-wide (Tyco Security Solutions, Tyco Fire Protection, Tyco Flow Control, Corporate and Other) | USD 25 (millions) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | 2011 restructuring program; quarter charge of $25M ($19M employee severance and benefits, $5M facility exit and other, $1M in cost of sales). Company expects approximately $150M of restructuring and restructuring-related charges in fiscal 2011. No employee counts disclosed. | ||||
| 2011-06-24 | restructuring | in_progress | 2011-09-30 | Company-wide (Tyco Security Solutions, Tyco Fire Protection, Tyco Flow Control, Corporate and Other) | USD 70 (millions) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Nine-month 2011 program charges of $70M ($59M employee severance and benefits, $11M facility exit and other, $1M cost of sales, $(1)M SG&A). Restructuring reserve balance of $55M as of June 24, 2011 for the 2011 program. | ||||
| 2011-06-24 | acquisition_addition | completed | 2011-04-29 | 2011-04-29 | Australia and New Zealand | Tyco Security Solutions | USD 184 (millions) | business_combinations_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Acquired Oceania Capital Partners Limited's Signature Security Group, an electronic security company, for approximately $184 million net of cash acquired. No headcount figures disclosed. | ||
| 2011-06-24 | acquisition_addition | completed | 2011-06-29 | 2011-06-29 | Middle East | Tyco Flow Control | USD 300 (millions) | subsequent_events f5-10q / GLM-5.3-flash-fp4-HTML | Finalized acquisition of a 75% equity stake in privately-held KEF Holdings Ltd., a vertically integrated valve manufacturer, for approximately $300 million in cash. No headcount figures disclosed. | ||
| 2011-06-24 | divestiture_reduction | completed | 2010-11-09 | 2010-12-22 | Electrical and Metal Products (Atkore International Group Inc.) | USD 248 (millions) | MD&A f5-10q / GLM-5.3-flash-fp4-HTML | Sold 51% (as-converted) majority interest to an affiliate of Clayton, Dubilier & Rice; received approximately $713 million cash and recorded a $248 million gain net of working capital adjustments for the nine months. No headcount figures disclosed. | |||
| 2011-06-24 | divestiture_reduction | completed | 2010-09-30 | 2010-09-30 | Europe | Tyco Flow Control (European water business) | USD 168 (millions) | MD&A f5-10q / GLM-5.3-flash-fp4-HTML | Sale completed for approximately $264 million cash proceeds net of cash divested; pre-tax gain of $168 million largely exempt from tax, recorded in discontinued operations. No headcount figures disclosed. | ||
| 2011-06-24 | restructuring | in_progress | Global | All segments | USD 70 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | 2011 program: cost savings through restructuring and workforce reductions across all businesses; $70M charges YTD; full-year expected ~$150M; no employee count disclosed. | ||||
| 2011-06-24 | acquisition_addition | completed | 2011-04-29 | Australia and New Zealand | Tyco Security Solutions | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Signature Security Group acquired for $184M cash; electronic security company; no headcount disclosed. | ||||
| 2011-06-24 | acquisition_addition | announced | 2011-06-29 | 2011-06-29 | Middle East | Tyco Flow Control | subsequent_events f5-10q / MiMo-V2.6-Flash-fp8-HTML | 75% equity stake in KEF Holdings Ltd acquired for ~$300M cash; steel castings provider; no headcount disclosed. | |||
| 2011-06-24 | acquisition_addition | announced | 2011-07-06 | United States | Tyco Fire Protection | subsequent_events f5-10q / MiMo-V2.6-Flash-fp8-HTML | Definitive agreement to acquire Chemguard Inc.; firefighting foam provider; expected close H2 calendar 2011; no headcount disclosed. | ||||
| 2011-06-24 | divestiture_reduction | completed | 2010-12-22 | Global | Electrical and Metal Products | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Majority interest sold to Clayton, Dubilier & Rice; $713M cash proceeds; $259M gain recorded in Q1 FY2011; no headcount disclosed. | ||||
| 2011-06-24 | divestiture_reduction | completed | 2010-09-30 | Europe | Tyco Flow Control (Water business) | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | European water business sold for ~$264M; $168M pre-tax gain in discontinued operations; no headcount disclosed. | ||||
| 2011-06-24 | restructuring | in_progress | 2011-01-01 | Global | Tyco Security Solutions | USD 17 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | 2011 Program: $15M employee severance/benefits, $2M facility exit/other for Q3 2011. | |||
| 2011-06-24 | restructuring | in_progress | 2011-01-01 | Global | Tyco Fire Protection | USD 3 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | 2011 Program: $2M employee severance/benefits, $1M cost of sales for Q3 2011. | |||
| 2011-06-24 | restructuring | in_progress | 2011-01-01 | Global | Tyco Flow Control | USD 2 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | 2011 Program: $2M employee severance/benefits for Q3 2011. | |||
| 2011-06-24 | restructuring | in_progress | 2011-01-01 | Global | Corporate and Other | USD 3 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | 2011 Program: $3M facility exit/other for Q3 2011. | |||
| 2011-06-24 | restructuring | in_progress | 2009-01-01 | Global | Tyco Security Solutions | USD 4 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | 2009 Program: $4M employee severance/benefits for Q3 2011. | |||
| 2011-03-25 | restructuring | in_progress | 2011-09-30 | Company-wide (Tyco Security Solutions, Tyco Fire Protection, Tyco Flow Control, Corporate and Other) | USD 12 (millions) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Quarterly 2011 Program charges of $12 million; company expects approximately $200 million of restructuring and related charges in fiscal 2011. No employee counts disclosed. | ||||
| 2011-03-25 | restructuring | in_progress | 2011-09-30 | Company-wide (Tyco Security Solutions, Tyco Fire Protection, Tyco Flow Control, Corporate and Other) | USD 44 (millions) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Six-month 2011 Program charges of $44 million ($45 million 2011 Program, $3 million 2007 Program, offset by $4 million reversals under 2009 Program). No employee counts disclosed. | ||||
| 2011-03-25 | divestiture_reduction | completed | 2010-11-09 | 2010-12-22 | Electrical and Metal Products business (Atkore International Group Inc.) | USD 259 (millions) | other f5-10q / GLM-5.3-flash-fp4-HTML | Sold 51% (as-converted) majority interest to an affiliate of Clayton, Dubilier & Rice; received approximately $713 million cash and recorded a $259 million gain in Q1 FY2011, reduced by a $9 million working capital adjustment in Q2. Headcount removed not disclosed. | |||
| 2011-03-25 | divestiture_reduction | completed | 2010-09-30 | Europe | Tyco Flow Control — European water business | USD 168 (millions) | other f5-10q / GLM-5.3-flash-fp4-HTML | Sale completed for approximately $264 million cash, net of $7 million cash divested; pre-tax gain of $168 million largely exempt from tax, recorded in discontinued operations. Headcount removed not disclosed. | |||
| 2011-03-25 | restructuring | in_progress | Global | All segments (Tyco Security Solutions, Tyco Fire Protection, Tyco Flow Control, Corporate and Other) | USD 45 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | 2011 Program: $45M in charges for six months ended 2011-03-25 across all segments; company expects ~$200M total restructuring charges in fiscal 2011. No employee headcount affected disclosed. Charges by segment: Security Solutions $6M, Fire Protection $27M, Flow Control $5M, Corporate $7M. | ||||
| 2011-03-25 | divestiture_reduction | completed | 2010-11-09 | 2010-12-22 | Global | Electrical and Metal Products | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Sale of majority interest in Electrical and Metal Products business to Clayton, Dubilier & Rice affiliate; closed 2010-12-22 with $713M cash proceeds and $259M gain. No headcount disclosed. | |||
| 2011-03-25 | divestiture_reduction | completed | 2010-09-30 | Europe | Tyco Flow Control (European water business) | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Sale of European water business completed 2010-09-30 for ~$264M cash; pre-tax gain of $168M recorded in discontinued operations. No headcount disclosed. | ||||
| 2011-03-25 | acquisition_addition | announced | 2011-02-23 | Australia and New Zealand | Tyco Security Solutions | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Agreement to acquire Signature Security Group for ~AUD 171M; expected to close in second half of fiscal 2011. Over 90,000 customer accounts; no employee headcount disclosed. | ||||
| 2011-03-25 | acquisition_addition | announced | 2011-03-21 | Middle East | Tyco Flow Control | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Definitive agreement to acquire 75% equity stake in KEF Holdings Ltd. for ~$300M; expected to close in second half of fiscal 2011. No employee headcount disclosed. | ||||
| 2011-03-25 | restructuring | in_progress | Global | Tyco Security Solutions | USD 2 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | 2011 Program: $2M total charges ($2M employee severance/benefits, $1M facility exit, $(1)M SG&A reversal) for the quarter ended March 25, 2011. | ||||
| 2011-03-25 | restructuring | in_progress | Global | Tyco Fire Protection | USD 2 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | 2011 Program: $2M total charges ($2M employee severance/benefits) for the quarter ended March 25, 2011. | ||||
| 2011-03-25 | restructuring | in_progress | Global | Tyco Flow Control | USD 6 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | 2011 Program: $6M total charges ($4M employee severance/benefits, $2M facility exit) for the quarter ended March 25, 2011. | ||||
| 2011-03-25 | restructuring | in_progress | Global | Corporate and Other | USD 2 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | 2011 Program: $2M total charges ($1M employee severance/benefits, $1M facility exit) for the quarter ended March 25, 2011. | ||||
| 2011-03-25 | restructuring | in_progress | Global | Tyco Security Solutions | USD -2 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | 2009 Program: $(2)M net charges ($(5)M employee severance/benefits, $3M facility exit) for the quarter ended March 25, 2011. | ||||
| 2011-03-25 | restructuring | in_progress | Global | Tyco Fire Protection | USD 2 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | 2009 Program: $2M total charges ($1M employee severance/benefits, $1M facility exit) for the quarter ended March 25, 2011. | ||||
| 2011-03-25 | restructuring | in_progress | Global | Tyco Flow Control | USD -1 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | 2009 Program: $(1)M net charges ($0M employee severance/benefits, $(1)M facility exit) for the quarter ended March 25, 2011. | ||||
| 2010-12-24 | restructuring | in_progress | Tyco Fire Protection | USD 25 (millions) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Employee severance and benefits charge under the new 2011 restructuring program; no employee count disclosed | |||||
| 2010-12-24 | restructuring | in_progress | Tyco Security Solutions | USD 4 (millions) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Includes $1M severance, $2M facility exit and other charges, $1M in SG&A | |||||
| 2010-12-24 | restructuring | in_progress | Corporate and Other | USD 5 (millions) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Employee severance and benefits charge under the 2011 Program | |||||
| 2010-12-24 | restructuring | in_progress | Tyco Flow Control | USD -1 (millions) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Net credit of $1 million reflected in SG&A under the 2011 Program | |||||
| 2010-12-24 | divestiture_reduction | completed | 2010-11-09 | 2010-12-22 | Electrical and Metal Products | USD 259 (millions) | other f5-10q / GLM-5.3-flash-fp4-HTML | Sold 51% of Atkore International Group to Clayton, Dubilier & Rice affiliate for ~$713 million cash; Tyco retains 49% equity-method interest; no headcount disclosed | |||
| 2010-12-24 | divestiture_reduction | completed | 2010-09-30 | Europe | Tyco Flow Control — European water business | USD 173 (millions) | other f5-10q / GLM-5.3-flash-fp4-HTML | Pre-tax gain on sale of ~$264 million net cash proceeds, largely exempt from tax; no headcount disclosed | |||
| 2010-12-24 | restructuring | in_progress | Global | All segments including Corporate and Other | USD 200 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Company expects approximately $200M in total restructuring and restructuring-related charges for fiscal 2011; $33M charged in Q1 FY2011. No employee headcount affected disclosed. | ||||
| 2010-12-24 | divestiture_reduction | completed | 2010-11-09 | 2010-12-22 | Global | Electrical and Metal Products | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Sale of majority interest in Electrical and Metal Products business to Clayton, Dubilier & Rice affiliate (Atkore); closed 2010-12-22. No headcount impact disclosed. | |||
| 2010-12-24 | divestiture_reduction | completed | 2010-09-30 | Europe | Tyco Flow Control (European water business) | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Sale of European water business completed 2010-09-30 for approximately $264M cash proceeds. No headcount impact disclosed. | ||||
| 2010-12-24 | restructuring | in_progress | 2010-12-24 | Global | Tyco Security Solutions | USD 4 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | 2011 Program charges include $1M employee severance and $2M facility exit/other charges. | |||
| 2010-12-24 | restructuring | in_progress | 2010-12-24 | Global | Tyco Fire Protection | USD 25 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | 2011 Program charges include $25M employee severance and benefits. | |||
| 2010-12-24 | restructuring | in_progress | 2010-12-24 | Global | Corporate and Other | USD 5 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | 2011 Program charges include $5M employee severance and benefits. | |||
| 2010-12-24 | restructuring | in_progress | 2010-12-24 | Global | Tyco Security Solutions | USD -6 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | 2009 Program net credit of $6M ($9M severance benefit, $3M facility exit charges). | |||
| 2010-12-24 | restructuring | in_progress | 2010-12-24 | Global | Tyco Flow Control | USD 1 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | 2009 Program charges of $1M facility exit and other charges. | |||
| 2010-12-24 | restructuring | in_progress | 2010-12-24 | Global | Tyco Fire Protection | USD 2 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | 2009 Program charges of $2M facility exit and other charges. | |||
| 2010-09-24 | restructuring | in_progress | 2009 | Global | All segments | USD 142 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | 2009 Program; FY2010 charges of $142M (severance and benefits $110M, facility exit and other $23M) per segment table; MD&A reports $145M total for FY2010 including $3M of 2007 Program charges. Program substantially completed during fiscal 2010; employees affected not disclosed. Includes $14M of ADT restructuring related to the Broadview Security integration. | |||
| 2010-09-24 | restructuring | announced | Global | All segments | USD 150 (millions) | MD&A f5-10k / MiMo-V2.6-Flash-fp8-HTML | Forward-looking: additional cost-saving restructuring opportunities identified in fiscal 2010, with approximately $150M of restructuring and related charges expected in fiscal 2011; headcount impact not disclosed. | ||||
| 2010-09-24 | acquisition_addition | completed | 2010-01-18 | 2010-05-14 | North America | ADT Worldwide | USD 35 (millions) | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Broadview Security acquired 2010-05-14 for ~$2.0B ($585M cash); added approximately 1.4 million customer accounts; employee headcount added not disclosed. $17M acquisition costs plus $18M integration costs recorded in SG&A; contributed ~$193M net revenue and a $25M loss from continuing operations in FY2010. | ||
| 2010-09-24 | divestiture_reduction | completed | 2009 | 2010-03-26 | France | ADT Worldwide | discontinued_operations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | French security business approved for sale in fiscal Q4 2009 and sold during the quarter ended 2010-03-26; $53M pre-tax gain recorded; headcount removed not disclosed. Results remained in continuing operations. | |||
| 2010-09-24 | divestiture_reduction | completed | 2010-06-25 | 2010-09-30 | Europe | Flow Control | subsequent_events f5-10k / MiMo-V2.6-Flash-fp8-HTML | European water business approved for sale in fiscal Q3 2010 and classified as discontinued operations; sale closed 2010-09-30 (after fiscal year-end) for ~$245M with net cash proceeds of ~$267M; gain expected to be recognized; headcount removed not disclosed. | |||
| 2010-09-24 | divestiture_reduction | announced | 2010-11-09 | 2011-03-31 | Global | Electrical and Metal Products | subsequent_events f5-10k / MiMo-V2.6-Flash-fp8-HTML | Agreement to sell 51% interest to an affiliate of Clayton, Dubilier & Rice for ~$720M cash proceeds; expected to close in first half of fiscal 2011; supersedes the previously announced tax-free spin-off of the business; headcount impact not disclosed. | |||
| 2010-09-24 | restructuring | announced | Global | Safety Products / ADT Worldwide / Fire Protection Services | Item_1_Business f5-10k / MiMo-V2.6-Flash-fp8-HTML | Segment realignment announced for fiscal Q1 2011: Safety Products to be split between new Tyco Security Solutions and Tyco Fire Protection businesses, leaving three core businesses; headcount impact not disclosed. | |||||
| 2010-09-24 | restructuring | completed | Global | All Segments | USD 145 (millions) | MD&A f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML | Restructuring and asset impairment charges decreased to $145 million during 2010. Substantially completed 2009 restructuring program. | ||||
| 2010-09-24 | acquisition_addition | completed | 2010-05-14 | North America | ADT Worldwide | MD&A f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML | Acquisition of Brink's Home Security Holdings, Inc. (Broadview Security). Headcount not explicitly disclosed. | ||||
| 2010-09-24 | restructuring | completed | 2009-01-01 | 2010-09-24 | Global | All Segments | USD 142 (millions) | restructuring_footnote f5-10k / Qwen3.6-27B-Q8_0 | 2009 Program charges incurred in fiscal 2010. Program substantially completed as of September 24, 2010. Employee count not disclosed. | ||
| 2010-09-24 | restructuring | completed | 2007-01-01 | 2010-09-24 | Global | All Segments | USD 3 (millions) | restructuring_footnote f5-10k / Qwen3.6-27B-Q8_0 | 2007 Program and pre-2006 actions charges incurred in fiscal 2010. Employee count not disclosed. | ||
| 2010-09-24 | acquisition_addition | completed | 2010-05-14 | 2010-05-14 | North America | ADT Worldwide | business_combinations_footnote f5-10k / Qwen3.6-27B-Q8_0 | Acquisition of Brink's Home Security Holdings, Inc. (Broadview Security). Employee count not disclosed. | |||
| 2010-09-24 | restructuring | in_progress | Brinks Home Security Holdings Incorporation / A D T Worldwide Segment | USD 14,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2010-06-25 | restructuring | in_progress | 2009-09-26 | 2010-09-24 | All segments (ADT Worldwide, Flow Control, Fire Protection Services, Electrical and Metal Products, Safety Products, Corporate and Other) | USD 40 (millions) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | 2009 Program restructuring: $40 million of charges in the quarter ($69 million for the nine months); cumulative charges of $293 million to date. Company expects actions substantially completed by end of fiscal 2010 and approximately $100 million of fiscal 2010 charges. No employee counts disclosed. Restructuring reserve balance of $94 million as of June 25, 2010. | |||
| 2010-06-25 | acquisition_addition | completed | 2010-05-14 | 2010-05-14 | North America | ADT Worldwide | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Cash-and-stock acquisition of Brink's Home Security Holdings valued at approximately $2.0 billion; no headcount added disclosed. | |||
| 2010-06-25 | restructuring | in_progress | 2010-09-25 | Global | Multiple segments (ADT Worldwide, Flow Control, Fire Protection Services, Electrical and Metal Products, Safety Products, Corporate and Other) | USD 40 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | 2009 Program charges of $40M in Q3 FY2010 and $69M YTD; cumulative $293M to date; expected substantially complete by end of fiscal 2010 with approximately $100M total fiscal 2010 charges. No employee counts disclosed. | |||
| 2010-06-25 | divestiture_reduction | completed | 2010-03-26 | 2010-03-26 | France | ADT Worldwide | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Sale of French security business completed during the quarter with a $53 million pre-tax gain; no headcount reduction disclosed. | |||
| 2010-06-25 | divestiture_reduction | announced | 2010-06-25 | 2010-09-25 | Europe | Flow Control (European water business) | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Board approved plan to sell European water business for approximately $245 million; classified as held for sale and discontinued operations during the quarter; no headcount disclosed. | |||
| 2010-06-25 | divestiture_reduction | announced | 2010-04-22 | 2011-03-31 | United States | Electrical and Metal Products | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Board approved tax-free spin-off of Electrical and Metal Products business, expected in first half of fiscal 2011; no headcount disclosed. | |||
| 2010-06-25 | restructuring | in_progress | 2009-10-01 | 2010-09-25 | Global | ADT Worldwide | USD 25 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Part of the '2009 Program'. Charges incurred in Q3 2010 include $23M employee severance and $2M facility exit. Total program charges to date are $133M. | ||
| 2010-06-25 | restructuring | in_progress | 2009-10-01 | 2010-09-25 | Global | Flow Control | USD 6 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Part of the '2009 Program'. Charges incurred in Q3 2010 include $3M employee severance and $3M facility exit. Total program charges to date are $37M. | ||
| 2010-06-25 | restructuring | in_progress | 2009-10-01 | 2010-09-25 | Global | Fire Protection Services | USD 5 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Part of the '2009 Program'. Charges incurred in Q3 2010 include $4M employee severance and $1M facility exit. Total program charges to date are $58M. | ||
| 2010-06-25 | restructuring | in_progress | 2009-10-01 | 2010-09-25 | Global | Electrical and Metal Products | USD 1 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Part of the '2009 Program'. Charges incurred in Q3 2010 include $2M facility exit and $(1)M cost of sales adjustment. Total program charges to date are $21M. | ||
| 2010-06-25 | restructuring | in_progress | 2009-10-01 | 2010-09-25 | Global | Safety Products | USD 2 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Part of the '2009 Program'. Charges incurred in Q3 2010 include $1M employee severance and $1M facility exit. Total program charges to date are $34M. | ||
| 2010-06-25 | restructuring | in_progress | 2009-10-01 | 2010-09-25 | Global | Corporate and Other | USD 1 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Part of the '2009 Program'. Charges incurred in Q3 2010 include $1M employee severance. Total program charges to date are $10M. | ||
| 2010-06-25 | acquisition_addition | completed | 2010-05-14 | 2010-05-14 | North America | ADT Worldwide | business_combinations_footnote f5-10q / Qwen3.6-27B-Q8_0 | Acquisition of Brink's Home Security Holdings, Inc. (Broadview Security). Headcount not explicitly disclosed, but 1.4 million customer accounts were acquired. | |||
| 2010-06-25 | restructuring | in_progress | Brinks Home Security Holdings Incorporation | USD 13,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2010-03-26 | restructuring | in_progress | 2010-09-25 | ADT Worldwide | USD 4 (millions) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Quarter ended March 26, 2010 charge under the 2009 Program; program expected substantially complete by end of fiscal 2010 | ||||
| 2010-03-26 | restructuring | in_progress | 2010-09-25 | Flow Control | USD 9 (millions) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Quarter ended March 26, 2010 charge under the 2009 Program | ||||
| 2010-03-26 | restructuring | in_progress | 2010-09-25 | Fire Protection Services | USD 5 (millions) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Quarter ended March 26, 2010 charge under the 2009 Program | ||||
| 2010-03-26 | restructuring | in_progress | 2010-09-25 | Electrical and Metal Products | USD 1 (millions) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Quarter ended March 26, 2010 charge under the 2009 Program | ||||
| 2010-03-26 | restructuring | in_progress | 2010-09-25 | Safety Products | USD 2 (millions) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Quarter ended March 26, 2010 charge under the 2009 Program | ||||
| 2010-03-26 | divestiture_reduction | completed | 2010-03-26 | France | ADT Worldwide | USD 53 (millions) | MD&A f5-10q / GLM-5.3-flash-fp4-HTML | Sale of french security business completed in March 2010; $53 million pre-tax gain recorded; headcount not disclosed | |||
| 2010-03-26 | acquisition_addition | announced | 2010-01-18 | 2010-05-12 | United States | ADT Worldwide | USD 2,000 (millions) | business_combinations_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Agreement to acquire BHS (Broadview Security) for approximately $2.0 billion ($42.50 per share); to be combined with ADT Worldwide; headcount not disclosed | ||
| 2010-03-26 | divestiture_reduction | announced | 2010-04-22 | Electrical and Metal Products | subsequent_events f5-10q / GLM-5.3-flash-fp4-HTML | Board approved plan to pursue a tax-free spin-off of the Electrical and Metal Products business, expected to complete in the first half of fiscal 2011; headcount not disclosed | |||||
| 2010-03-26 | restructuring | in_progress | 2010-09-30 | Global | ADT Worldwide; Flow Control; Fire Protection Services; Electrical and Metal Products; Safety Products; Corporate and Other | USD 100 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | 2009 Program: cost savings via restructuring and workforce reductions; expected substantially complete by end of fiscal 2010 with $100–150M total FY2010 charges. Q2 FY2010 charges $21M; YTD $32M; $261M cumulative to date. No employee counts disclosed. | |||
| 2010-03-26 | acquisition_addition | announced | 2010-01-18 | 2010-05-12 | United States | ADT Worldwide | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Definitive agreement to acquire BHS for ~$2.0B ($42.50/share), financed with up to ~$600M cash plus Tyco shares; expected to close after BHS shareholder meeting on 2010-05-12. No headcount disclosed. | |||
| 2010-03-26 | divestiture_reduction | completed | 2010-03-31 | France | ADT Worldwide | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Sale of French security business completed during March 2010 with a $53M pre-tax gain; results remained in continuing operations. No headcount disclosed. | ||||
| 2010-03-26 | restructuring | in_progress | 2009-01-01 | 2010-09-25 | Global | All Segments | USD 21 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | 2009 Program: Charges incurred in Q2 2010. Program expected to be substantially completed by end of fiscal 2010. Employee count not disclosed. | ||
| 2010-03-26 | restructuring | in_progress | 2009-01-01 | 2010-09-25 | Global | All Segments | USD 32 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | 2009 Program: Charges incurred YTD 2010. Program expected to be substantially completed by end of fiscal 2010. Employee count not disclosed. | ||
| 2010-03-26 | acquisition_addition | announced | 2010-01-18 | 2010-05-12 | Global | ADT Worldwide | business_combinations_footnote f5-10q / Qwen3.6-27B-Q8_0 | Acquisition of Brink's Home Security Holdings, Inc. (BHS). Employee count not disclosed. | |||
| 2009-12-25 | restructuring | in_progress | 2010-09-24 | Company-wide (ADT Worldwide, Flow Control, Fire Protection Services, Safety Products, Corporate and Other) | USD 11 (millions) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | 2009 Program involves workforce reductions to improve operating efficiencies; charges of $11 million incurred in the quarter, $241 million cumulative to date; company expects $100-150 million of restructuring and related charges in fiscal 2010 with actions substantially completed by end of fiscal 2010. Employee headcount affected not disclosed. Restructuring reserve for the program was $108 million at December 25, 2009. | ||||
| 2009-12-25 | restructuring | in_progress | 2010-09-25 | Global | ADT Worldwide; Flow Control; Fire Protection Services; Safety Products; Electrical and Metal Products; Corporate and Other | USD 11 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | 2009 Program: cost savings via restructuring and workforce reductions; $11M charged in Q1 FY2010; $241M cumulative to date; $100–150M expected in FY2010; employee counts not disclosed. | |||
| 2009-12-25 | acquisition_addition | completed | Brazil | Flow Control | USD 104 (millions) | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Acquisition of two Brazilian valve companies including Hiter; $104M net cash paid; headcount added not disclosed. | ||||
| 2009-12-25 | acquisition_addition | completed | United States | Electrical and Metal Products | USD 39 (millions) | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Acquisition of certain assets of a business; $39M; headcount added not disclosed. | ||||
| 2009-12-25 | acquisition_addition | completed | North America | ADT Worldwide | USD 150 (millions) | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Approximately 129,000 customer contracts acquired for $150M; contract count is not employee headcount. | ||||
| 2009-12-25 | divestiture_reduction | in_progress | 2010-09-25 | Global | ADT Worldwide | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Business classified as held for sale in Q4 FY2009; results remain in continuing operations; sale expected during fiscal 2010; headcount not disclosed. | ||||
| 2009-12-25 | acquisition_addition | announced | 2010-01-18 | 2010-09-25 | North America | ADT Worldwide | USD 2,000 (millions) | subsequent_events f5-10q / MiMo-V2.6-Flash-fp8-HTML | Definitive agreement to acquire Brink's Home Security Holdings (Broadview Security) for ~$2.0B ($42.50/share); financed with up to $585M cash plus common shares; expected close H2 FY2010; headcount not disclosed. | ||
| 2009-12-25 | restructuring | in_progress | 2010-09-25 | Global | All Segments | USD 11 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | 2009 Program: $11M incurred in Q1 FY2010. Total expected charges $100M-$150M for FY2010. Substantially completed by end of FY2010. Employee count not disclosed. | |||
| 2009-12-25 | restructuring | in_progress | Global | ADT Worldwide, Safety Products, Fire Protection Services | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | 2007 Program and pre-2006 Actions: Nil charges in Q1 FY2010. Remaining reserves $60M. Lease obligations expire 2010-2022. Employee count not disclosed. | |||||
| 2009-09-25 | restructuring | in_progress | Global | All segments including corporate | USD 236 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | FY2009 restructuring and asset impairment charges of $236M, including $32M accelerated depreciation; remaining $204M comprises $174M employee severance and benefits, $38M facility exit and other charges, $10M asset impairments, less $18M reversals. Headcount affected not disclosed. Company expects $100M-$150M additional restructuring charges in fiscal 2010. | ||||
| 2009-09-25 | restructuring | in_progress | 2007-01-01 | Global | All segments including corporate | USD 16 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Multi-year 2007 Program; only FY2009 activity captured ($16M charges, $7M employee severance and benefits, $9M facility exit). Program substantially completed as of December 26, 2008; $59M reserve balance remained at FY2009 year-end. Headcount affected not disclosed. | |||
| 2009-09-25 | acquisition_addition | completed | Not disclosed | Safety Products | USD 50 (millions) | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | FY2009 cash paid for acquisitions totaled $50M, primarily the acquisition of Vue Technology, Inc. (RFID technology provider). Headcount added not disclosed. | ||||
| 2009-09-25 | divestiture_reduction | completed | Brazil, United Kingdom, China | Infrastructure Services (discontinued operations) | discontinued_operations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | FY2009 completion of remaining Infrastructure Services dispositions (ET Brasil, Earth Tech UK, China assets) for $66M net cash proceeds. Headcount removed not disclosed. | |||||
| 2009-09-25 | other | in_progress | Global | ADT Worldwide | Item_1_Business f5-10k / MiMo-V2.6-Flash-fp8-HTML | In Q4 FY2009 the Company approved a plan to sell an ADT Worldwide business, classified as held for sale with results still in continuing operations; sale expected to complete during fiscal 2010. Headcount associated with the business not disclosed. | |||||
| 2009-09-25 | restructuring | completed | 2007-01-01 | 2008-12-26 | Global | All Segments | USD 236 (millions) | restructuring_footnote f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML | 2009 restructuring charges of $236 million related to actions initiated in 2009 and the 2007 Program. Employee severance and benefits charges were $174 million. Specific headcount not disclosed. | ||
| 2009-09-25 | restructuring | in_progress | 2009-01-01 | Worldwide | All Segments | USD 236 (millions) | restructuring_footnote f5-10k / Qwen3.6-27B-Q8_0 | Fiscal 2009 restructuring and restructuring related charges of approximately $236 million. Employee severance and benefits charges were $174 million. Facility exit and other charges were $38 million. Asset impairments were $10 million. Accelerated depreciation was $32 million. Reversals were $18 million. The Company expects to incur additional charges of $100 million to $150 million in fiscal 2010. | |||
| 2009-06-26 | restructuring | in_progress | 2009-01-03 | 2010-09-24 | All segments and corporate | USD 34 (millions) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | New restructuring program identified in Q1 2009 for cost savings and workforce reductions in fiscal 2009 and 2010; total expected charges approximately $200 million in fiscal 2009, of which $34 million was incurred in the quarter and $142 million in the nine months ended June 26, 2009. No employee counts disclosed. | |||
| 2009-06-26 | acquisition_addition | completed | Safety Products | USD 43 (millions) | business_combinations_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Acquisition of Vue Technology, Inc., an RFID technology provider, for $43 million during the nine months ended June 26, 2009; no headcount disclosed. | |||||
| 2009-06-26 | restructuring | in_progress | 2008-10-01 | 2009-09-25 | Global | All segments including corporate | USD 200 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | 2009 Program: cost savings via restructuring and workforce reductions; ~$200M expected charges in FY2009. No employee headcount disclosed. $34M and $142M incurred in Q3 and 9M FY2009 respectively. | ||
| 2009-06-26 | acquisition_addition | completed | United States | Safety Products | USD 43 (millions) | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Acquisition of Vue Technology, Inc. (RFID technology) for $43M during nine months ended June 26, 2009. No headcount added disclosed. | ||||
| 2009-06-26 | restructuring | in_progress | 2009-01-01 | 2010-09-25 | Global | All Segments | USD 200 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Company identified additional opportunities for cost savings through restructuring activities and workforce reductions expected to occur in fiscal 2009 and 2010. Expects to incur aggregate charges of approximately $200 million in fiscal 2009. | ||
| 2009-06-26 | acquisition_addition | completed | 2009-06-26 | 2009-06-26 | United States | Safety Products | USD 43 (millions) | business_combinations_footnote f5-10q / Qwen3.6-27B-Q8_0 | Acquisition of Vue Technology, Inc., a provider of radio frequency identification (RFID) technology. Headcount not explicitly disclosed. | ||
| 2009-03-27 | restructuring | in_progress | 2008-12-27 | 2010-12-31 | All segments and corporate | USD 200 (millions) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | New restructuring program identified in Q1 fiscal 2009 for cost savings and workforce reductions expected in fiscal 2009 and 2010; approximately $200 million of restructuring and related charges expected in fiscal 2009. No employee counts disclosed. | |||
| 2009-03-27 | restructuring | in_progress | 2008-12-27 | ADT Worldwide | USD 42 (millions) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Quarter ended March 27, 2009 net restructuring charge by segment; includes severance and facility exit components. | ||||
| 2009-03-27 | restructuring | in_progress | 2008-12-27 | Safety Products | USD 33 (millions) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Quarter ended March 27, 2009 net restructuring charge by segment. | ||||
| 2009-03-27 | restructuring | in_progress | 2008-12-27 | Fire Protection Services | USD 11 (millions) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Quarter ended March 27, 2009 net restructuring charge by segment. | ||||
| 2009-03-27 | restructuring | in_progress | 2008-12-27 | Electrical and Metal Products | USD 6 (millions) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Quarter ended March 27, 2009 net restructuring charge by segment. | ||||
| 2009-03-27 | restructuring | in_progress | 2008-12-27 | Flow Control | USD 5 (millions) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Quarter ended March 27, 2009 net restructuring charge by segment. | ||||
| 2009-03-27 | restructuring | in_progress | 2008-12-27 | Corporate and Other | USD 6 (millions) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Quarter ended March 27, 2009 net restructuring charge by segment. | ||||
| 2009-03-27 | restructuring | in_progress | 2008-12-27 | 2010-09-30 | Global | All segments including corporate | USD 103 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | New restructuring actions identified in Q1 2009 for cost savings in fiscal 2009 and 2010; expected total charges of approximately $200 million in fiscal 2009. Q2 2009 charges of $103M include $70M employee severance and benefits, $12M facility exit, $18M inventory write-down/accelerated depreciation, $6M asset impairments, offset by $3M reversals. No employee headcount affected disclosed. | ||
| 2009-03-27 | restructuring | in_progress | 2007-01-01 | 2008-12-31 | Global | All segments including corporate | USD 108 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | 2007 Program substantially completed as of December 26, 2008; original expected aggregate charges of $350-400 million. YTD fiscal 2009 charges of $108M include $72M employee severance and benefits. No employee headcount affected disclosed. | ||
| 2009-03-27 | acquisition_addition | completed | United States | Safety Products | USD 43 (millions) | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Acquisition of Vue Technology, Inc. (RFID technology provider) for $43 million during the six months ended March 27, 2009. No headcount added disclosed. | ||||
| 2009-03-27 | divestiture_reduction | in_progress | 2009-09-30 | Global | Infrastructure Services (discontinued operations) | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Ongoing divestiture of Infrastructure Services businesses (Earth Tech UK, remaining China assets); consents and approvals expected during fiscal 2009. No headcount reduction disclosed. | ||||
| 2009-03-27 | restructuring | in_progress | 2009-01-01 | 2010-09-26 | Global | All Segments | USD 200 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Company identified additional opportunities for cost savings through restructuring activities and workforce reductions expected in fiscal 2009 and 2010. Expected aggregate charges of approximately $200 million in fiscal 2009. Employee headcount affected is not disclosed. | ||
| 2009-03-27 | acquisition_addition | completed | 2009-03-27 | 2009-03-27 | United States | Safety Products | USD 43 (millions) | business_combinations_footnote f5-10q / Qwen3.6-27B-Q8_0 | Acquisition of Vue Technology, Inc., a provider of radio frequency identification (RFID) technology. Employee headcount added is not disclosed. | ||
| 2008-12-26 | restructuring | completed | 2007-01-01 | 2008-12-26 | All segments and corporate | USD 395 (millions) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Company-wide program launched Q1 fiscal 2007 to streamline businesses and reduce operational footprint; substantially completed as of December 26, 2008 with cumulative charges of $395 million, within the originally guided $350-400 million range. No employee counts disclosed. | |||
| 2008-12-26 | restructuring | announced | 2008-12-26 | 2009-09-25 | USD 150 (millions) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Company identified additional cost-savings opportunities and expects restructuring charges of approximately $100-150 million in fiscal 2009; $1 million incurred in Q1 fiscal 2009. No employee counts disclosed. | ||||
| 2008-12-26 | restructuring | in_progress | 2007-01-01 | Global | All segments including corporate | USD 100 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | 2007 Program substantially completed; $395M cumulative charges through quarter end. New fiscal 2009 restructuring opportunities expected to incur $100–150M in charges, with $1M incurred in Q1 FY2009. No employee counts disclosed. | |||
| 2008-12-26 | acquisition_addition | completed | United States | Safety Products | USD 43 (millions) | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Acquisition of Vue Technology, Inc. (RFID technology provider) for $43 million; no headcount added disclosed. | ||||
| 2008-12-26 | divestiture_reduction | in_progress | 2009-09-25 | Global | Electrical and Metal Products; Safety Products | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Businesses approved for sale in Electrical and Metal Products and Safety Products segments; presented as continuing operations. No headcount reduction disclosed. | ||||
| 2008-12-26 | restructuring | in_progress | 2007-03-01 | Global | All Segments | USD 1 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | 2009 Net Restructuring program. $1M incurred in Q1 2009. Employee severance and benefits component was $2M, offset by $4M reversals. Total program charges since inception: $395M. | |||
| 2008-12-26 | restructuring | in_progress | 2007-03-01 | Global | All Segments | USD 395 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | 2007 Program cumulative charges through Dec 26, 2008. Program substantially completed. | |||
| 2008-09-26 | restructuring | in_progress | 2006-11-01 | Global | All segments including corporate organization | USD 178 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | 2007 Program charges in FY2008 of $178M ($139M employee severance and benefits, $39M facility exit and other charges); program substantially completed at 2008-09-26 with cumulative charges of $395M since inception; additional FY2009 charges of approximately $50M expected. Employee headcount affected not disclosed. | |||
| 2008-09-26 | restructuring | completed | 2008-06-05 | 2008-09-26 | United States | ADT Worldwide and Safety Products | USD 58 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Charges for reacquisition of unfavorable Sensormatic franchise rights tied to the Winner and SSC acquisitions ($51M ADT Worldwide, $7M Safety Products); $58M paid during FY2008. Excluded from the 2007 Program's $395M cumulative total. Headcount affected not disclosed. | ||
| 2008-09-26 | plant_closure | completed | North America | Flow Control | USD 6 (millions) | MD&A f5-10k / MiMo-V2.6-Flash-fp8-HTML | Environmental remediation charge of $6M recorded in SG&A related to closure of a facility in North America; headcount reduction not disclosed | ||||
| 2008-09-26 | divestiture_reduction | completed | 2008-02-01 | 2008-07-31 | Global | Corporate and Other (Infrastructure Services) | discontinued_operations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Sale of substantially all of the Infrastructure Services business to AECOM for $435M net cash proceeds; headcount removed not disclosed | |||
| 2008-09-26 | divestiture_reduction | completed | 2008-05-01 | 2008-05-31 | Brazil | Corporate and Other (ETEO) | discontinued_operations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Sale of ETEO for $338M net cash proceeds; headcount removed not disclosed | |||
| 2008-09-26 | divestiture_reduction | completed | 2008-04-01 | 2008-04-30 | Europe | Corporate and Other (Ancon Building Products) | discontinued_operations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Sale of Ancon for $164M net cash proceeds; headcount removed not disclosed | |||
| 2008-09-26 | divestiture_reduction | completed | 2008-02-01 | 2008-02-29 | Japan | Fire Protection Services and Safety Products (NDC) | discontinued_operations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Sale of Nippon Dry-Chemical for $50M net cash proceeds; headcount removed not disclosed | |||
| 2008-09-26 | acquisition_addition | completed | 2008-06-30 | 2008-06-30 | North America | ADT Worldwide (FirstService Security) | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Acquisition of FirstService Security for approximately $187M; acquired headcount not disclosed | |||
| 2008-09-26 | acquisition_addition | completed | 2008-06-05 | 2008-07-09 | United States | ADT Worldwide (Winner Security Services and Sensormatic Security Corp.) | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Two Sensormatic franchise acquisitions totaling approximately $176M in consideration; acquired headcount not disclosed | |||
| 2008-09-26 | acquisition_addition | announced | 2008-10-07 | 2008-10-07 | United States | ADT Worldwide (Sensormatic — Vue Technology, Inc.) | subsequent_events f5-10k / MiMo-V2.6-Flash-fp8-HTML | Post-fiscal-year-end acquisition of RFID provider Vue Technology for approximately $43M; headcount not disclosed | |||
| 2008-09-26 | restructuring | completed | 2007-01-01 | 2008-09-26 | Global | All Segments | USD 395 (millions) | MD&A f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML | Company-wide restructuring program launched in Q1 2007 to streamline businesses and reduce operational footprint. Substantially completed by fiscal year-end 2008. Total charges incurred since inception were approximately $395 million. | ||
| 2008-09-26 | restructuring | completed | 2008-01-01 | 2008-09-26 | Global | All Segments | USD 248 (millions) | MD&A f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML | Net restructuring, asset impairment and divestiture charges for fiscal year 2008 were $248 million. Includes $58 million for reacquisition of unfavorable franchise rights in ADT Worldwide. | ||
| 2008-09-26 | restructuring | in_progress | 2007-01-01 | Global | All segments and Corporate | USD 395 (millions) | MD&A f5-10k / Qwen3.6-27B-Q8_0 | Company-wide restructuring program launched in Q1 2007 to streamline businesses and reduce operational footprint. Cumulative charges of approximately $395 million incurred through fiscal year-end 2008. Program substantially completed. | |||
| 2008-06-27 | restructuring | in_progress | 2006-12-29 | 2008-12-31 | Global, with focus on Europe | All segments including corporate organization | USD 350 (millions) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Company-wide program launched Q1 2007; expected aggregate charges of $350-400 million primarily through end of calendar 2008; $288 million incurred through Q3 2008. Actions largely workforce reductions, expected to complete by end of calendar 2008 into 2009. | ||
| 2008-06-27 | restructuring | in_progress | 2006-12-29 | 2008-12-31 | Europe | ADT Worldwide and Fire Protection Services | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Program component improving field efficiencies and consolidating administrative functions in European operations of ADT Worldwide and Fire Protection Services. | |||
| 2008-06-27 | plant_closure | in_progress | Puerto Rico | Safety Products | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | 2008 charges included employee severance and benefits and facility exit costs related primarily to closure of a Safety Products manufacturing facility in Puerto Rico. | |||||
| 2008-06-27 | acquisition_addition | completed | 2008-06-05 | 2008-06-05 | United States | ADT Worldwide / Safety Products | USD 90 (millions) | business_combinations_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Acquired substantially all assets of Winner Security Services LLC for $90 million; no headcount disclosed. Included $27 million charge for reacquisition of unfavorable franchise rights. | ||
| 2008-06-27 | acquisition_addition | announced | 2008-06-30 | 2008-06-30 | United States | ADT Worldwide | USD 187 (millions) | subsequent_events f5-10q / GLM-5.3-flash-fp4-HTML | ADT Security acquired FirstService Security from FirstService Corporation for approximately $187 million; no headcount disclosed. | ||
| 2008-06-27 | divestiture_reduction | completed | Multiple | Discontinued operations (ETEO, Ancon Building Products, Nippon Dry-Chemical, European public address products manufacturer) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Fiscal 2008 divestitures: ETEO ($338 million proceeds), Ancon Building Products ($164 million), NDC ($50 million), European public address/acoustic systems manufacturer. Headcount removed not disclosed. | |||||
| 2008-06-27 | divestiture_reduction | in_progress | 2008-02-11 | 2008-12-31 | Global | Infrastructure Services | USD 510 (millions) | subsequent_events f5-10q / GLM-5.3-flash-fp4-HTML | Agreement to sell remaining Infrastructure Services to AECOM for approximately $510 million; substantially closed July 25, 2008. Headcount removed not disclosed. | ||
| 2008-06-27 | restructuring | in_progress | 2006-12-01 | 2008-12-31 | Global | All segments including corporate | USD 350 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Company-wide program launched in Q1 FY2007 with expected aggregate charges of $350-400 million through end of calendar 2008; $288 million incurred to date. No employee headcount affected is disclosed. | ||
| 2008-06-27 | acquisition_addition | completed | 2008-06-05 | 2008-06-05 | United States | ADT Worldwide / Safety Products | USD 27 (millions) | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Acquisition of Winner Security Services LLC for $90 million; $27 million charge for reacquisition of unfavorable franchise rights. No headcount added is disclosed. | ||
| 2008-06-27 | acquisition_addition | announced | 2008-06-30 | 2008-06-30 | United States | ADT Worldwide | subsequent_events f5-10q / MiMo-V2.6-Flash-fp8-HTML | ADT Security acquired FirstService Security for approximately $187 million. No headcount added is disclosed. | |||
| 2008-06-27 | acquisition_addition | announced | 2008-07-09 | 2008-07-31 | United States | ADT Worldwide / Safety Products | subsequent_events f5-10q / MiMo-V2.6-Flash-fp8-HTML | Agreement to purchase substantially all assets of Sensormatic Security Corp. (SSC) including franchise rights for approximately $86 million; restructuring charge expected in Q4 FY2008 for reacquisition of unfavorable franchise rights. No headcount disclosed. | |||
| 2008-06-27 | divestiture_reduction | completed | 2008-02-11 | 2008-12-31 | Global | Infrastructure Services (discontinued operations) | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Sale of remaining Infrastructure Services to AECOM for approximately $510 million; substantially closed 2008-07-25. No headcount removed is disclosed. | |||
| 2008-06-27 | restructuring | in_progress | 2007-01-01 | 2009-12-31 | Global | All Segments | USD 288 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Company-wide restructuring program launched in Q1 2007 to streamline businesses and reduce operational footprint. Aggregate charges expected $350M-$400M. $288M incurred through Q3 2008. Includes employee severance, facility exit costs, and franchise reacquisition charges. Employee count not disclosed. | ||
| 2008-06-27 | acquisition_addition | completed | 2008-06-05 | 2008-06-05 | United States | ADT Worldwide / Safety Products | USD 90 (millions) | business_combinations_footnote f5-10q / Qwen3.6-27B-Q8_0 | Acquisition of Winner Security Services LLC. Headcount not disclosed. | ||
| 2008-06-27 | acquisition_addition | completed | 2008-06-30 | 2008-06-30 | United States | ADT Worldwide | USD 187 (millions) | subsequent_events f5-10q / Qwen3.6-27B-Q8_0 | Acquisition of FirstService Security. Headcount not disclosed. | ||
| 2008-06-27 | acquisition_addition | completed | 2008-07-09 | 2008-07-31 | United States | ADT Worldwide / Safety Products | USD 86 (millions) | subsequent_events f5-10q / Qwen3.6-27B-Q8_0 | Acquisition of Sensormatic Security Corp (SSC) assets and franchise rights. Headcount not disclosed. | ||
| 2008-03-28 | restructuring | in_progress | 2006-12-29 | 2008-12-31 | All segments and corporate organization | USD 263 (millions) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Company-wide program launched Q1 2007 to streamline businesses and reduce operational footprint; expected aggregate charges of $350-$400 million primarily through end of 2008; $263 million incurred through Q2 2008; actions largely workforce reductions expected to be completed by end of calendar 2008 and into 2009. | |||
| 2008-03-28 | plant_closure | in_progress | 2008-01-01 | Puerto Rico | Safety Products | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | During quarter ended March 28, 2008, Company recognized employee severance and benefits charges related to closure of a Safety Products manufacturing facility in Puerto Rico; employee count not disclosed. | ||||
| 2008-03-28 | restructuring | in_progress | 2006-12-01 | 2008-12-31 | Global | All segments including corporate | USD 263 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Company-wide program launched in Q1 2007 with expected aggregate charges of $350-400M; $263M incurred through Q2 2008. Employee headcount affected not disclosed. | ||
| 2008-03-28 | plant_closure | in_progress | 2008-12-31 | Puerto Rico | Safety Products | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Employee severance and benefits charges recognized in Q2 2008 for closure of a Safety Products manufacturing facility; employee count not disclosed. | ||||
| 2008-03-28 | divestiture_reduction | in_progress | 2008-02-11 | 2008-12-31 | Global | Infrastructure Services | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Agreement to sell remaining Infrastructure Services for approximately $510M; headcount removed not disclosed. | |||
| 2008-03-28 | divestiture_reduction | completed | 2008-02-01 | 2008-02-29 | Japan | Fire Protection Services | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Sale of Nippon Dry-Chemical Co., Ltd. completed in February 2008; headcount removed not disclosed. | |||
| 2008-03-28 | divestiture_reduction | announced | 2008-02-01 | 2008-09-30 | Global | Electrical and Metal Products | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Definitive agreement to sell Ancon Building Products for approximately $174M; transaction closed in Q3 2008. Headcount removed not disclosed. | |||
| 2008-03-28 | acquisition_addition | announced | 2008-04-14 | North America | ADT Worldwide | USD 187 (millions) | subsequent_events f5-10q / MiMo-V2.6-Flash-fp8-HTML | Agreement to acquire FirstService Security for approximately $187M; headcount added not disclosed. | |||
| 2008-03-28 | restructuring | in_progress | 2007-01-01 | 2009-12-31 | Global | All Segments | USD 43 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Company-wide restructuring program launched in Q1 2007. Q2 2008 charges include $35M employee severance/benefits and $5M facility exit. Total program expected to cost $350M-$400M. Completion expected by end of calendar 2008 and into 2009. | ||
| 2008-03-28 | plant_closure | completed | Puerto Rico | Safety Products | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Closure of Safety Products manufacturing facility in Puerto Rico recognized in Q2 2008. | |||||
| 2007-12-28 | restructuring | in_progress | 2006-11-01 | 2008-12-31 | All segments including corporate organization; field efficiencies and administrative consolidation in European operations of ADT Worldwide and Fire Protection Services; corporate headquarters consolidation | USD 350 (millions) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Company-wide program launched in first quarter of fiscal 2007; expected aggregate charges of approximately $350 million to $400 million through end of 2008; $231 million incurred through Q1 2008; actions largely workforce reductions expected to be completed by end of 2008. No employee count disclosed. | |||
| 2007-12-28 | restructuring | in_progress | 2006-11-01 | 2008-12-31 | ADT Worldwide | USD 7 (millions) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Q1 2008 net restructuring and asset impairment charges of $7 million for ADT Worldwide, primarily related to improving field efficiencies and consolidating administrative functions in Europe. No employee count disclosed. | |||
| 2007-12-28 | restructuring | in_progress | 2006-11-01 | 2008-12-31 | Flow Control | USD 2 (millions) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Q1 2008 net restructuring and asset impairment charges of $2 million for Flow Control, including $1 million in cost of sales. No employee count disclosed. | |||
| 2007-12-28 | restructuring | in_progress | 2006-11-01 | 2008-12-31 | Electrical and Metal Products | USD 4 (millions) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Q1 2008 net restructuring and asset impairment charges of $4 million for Electrical and Metal Products, including $2 million in cost of sales. No employee count disclosed. | |||
| 2007-12-28 | restructuring | in_progress | 2006-11-01 | 2008-12-31 | Safety Products | USD 1 (millions) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Q1 2008 net restructuring and asset impairment charges of $1 million for Safety Products. No employee count disclosed. | |||
| 2007-12-28 | divestiture_reduction | announced | 2007-12-01 | 2008-12-31 | Japan | Fire Protection Services / Safety Products (Nippon Dry-Chemical Co., Ltd.) | USD 6 (millions) | other f5-10q / GLM-5.3-flash-fp4-HTML | Board approved divestiture of NDC in December 2007; $6 million pre-tax impairment charge to write business down to fair value less cost to sell; sale expected by end of 2008. No employee count disclosed. | ||
| 2007-12-28 | divestiture_reduction | in_progress | 2007-09-17 | 2008-06-30 | Brazil | Infrastructure Services (ETEO) | other f5-10q / GLM-5.3-flash-fp4-HTML | Definitive agreement to sell 100% of ETEO stock for approximately $295 million in cash; expected to close by end of Q2 2008; remaining Infrastructure Services expected to be sold by end of 2008. No employee count disclosed. | |||
| 2007-12-28 | restructuring | in_progress | 2006-11 | 2008-12-31 | Global | All segments including corporate organization | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Company-wide program announced in Q1 fiscal 2007 with expected aggregate charges of $350M–$400M through end of 2008; $231M incurred through Q1 2008. Actions are largely workforce reductions (severance) and facility exits; no employee count disclosed. Q1 2008 charges of $14M net included $6M employee severance and benefits and $9M facility exit charges, with $5M of prior-year reserves reversed. | |||
| 2007-12-28 | divestiture_reduction | announced | 2007-12 | 2008-12-31 | Japan | Fire Protection Services / Safety Products (Nippon Dry-Chemical Co., Ltd.) | USD 6 (millions) | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Board approved divestiture of NDC in December 2007; $6M pre-tax impairment recorded to write business down to fair value less cost to sell. Sale expected by end of 2008. No headcount disclosed. | ||
| 2007-12-28 | divestiture_reduction | in_progress | 2007-09-17 | 2008-12-31 | Global (Infrastructure Services; ETEO sale in Brazil) | Infrastructure Services (discontinued operations) | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Remaining Infrastructure Services businesses met held-for-sale criteria; definitive agreement to sell ETEO for ~$295M cash signed 2007-09-17, expected to close by end of Q2 2008, with remaining businesses sold by end of 2008. No headcount disclosed. | |||
| 2007-12-28 | restructuring | in_progress | 2007-03-01 | 2008-12-31 | Global | All segments and corporate | USD 14 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Company launched restructuring program in Q1 2007 to streamline businesses and reduce operational footprint. Expected aggregate charges $350M-$400M through end of 2008. Q1 2008 charges included $6M employee severance/benefits and $9M facility exit charges. | ||
| 2007-09-28 | restructuring | in_progress | 2006-11 | 2008-12-31 | Global | ADT Worldwide | USD 83 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | FY2007 charges by segment; includes about $69M for a separate ADT EMEA program targeting field efficiency and administrative consolidation in Europe. Employees affected not disclosed. | ||
| 2007-09-28 | restructuring | in_progress | 2006-11 | 2008-12-31 | Global | Fire Protection Services | USD 33 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | FY2007 charges; actions relate to European field efficiency and administrative consolidation. Employees affected not disclosed. | ||
| 2007-09-28 | restructuring | in_progress | 2006-11 | 2008-12-31 | Global | Flow Control | USD 25 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | FY2007 charges; includes $6M recorded in cost of sales and $3M of divestiture charges. Employees affected not disclosed. | ||
| 2007-09-28 | restructuring | in_progress | 2006-11 | 2008-12-31 | Global | Safety Products | USD 29 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | FY2007 charges. Employees affected not disclosed. | ||
| 2007-09-28 | restructuring | in_progress | 2006-11 | 2008-12-31 | Global | Electrical and Metal Products | USD 7 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | FY2007 charges. Employees affected not disclosed. | ||
| 2007-09-28 | restructuring | in_progress | 2006-11 | 2008-12-31 | Global | Corporate and Other | USD 40 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | FY2007 charges, primarily consolidation of headquarter functions. Employees affected not disclosed. | ||
| 2007-09-28 | divestiture_reduction | completed | 2007-06-29 | 2007-06-29 | Global | Healthcare (Covidien) and Electronics (Tyco Electronics) businesses | discontinued_operations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Spin-off distribution completed June 29, 2007; these businesses historically accounted for 55% of revenues. Headcount transferred not disclosed. | |||
| 2007-09-28 | divestiture_reduction | in_progress | 2007-07 | 2008-09-30 | Global | Infrastructure Services (Corporate and Other) | discontinued_operations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Board approved divestiture in July 2007; met held-for-sale criteria in Q4 FY2007 and reclassified to discontinued operations. Business had $1.3B net revenue and $53M operating income in 2007; headcount not disclosed. Company expects to sell remaining portion by end of fiscal 2008. | |||
| 2007-09-28 | restructuring | in_progress | 2007-03-31 | 2008-12-31 | Global | All segments including corporate | USD 204 (millions) | MD&A f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML | Launched Q1 2007. Total expected charges $350M-$400M through end of 2008. $204M incurred in 2007. Employee count not disclosed. | ||
| 2007-09-28 | restructuring | in_progress | 2007-01-01 | 2008-12-31 | Europe | ADT Worldwide | USD 69 (millions) | MD&A f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML | Estimated $90M program to improve field efficiency and consolidate admin functions. $69M incurred in 2007. Employee count not disclosed. | ||
| 2007-09-28 | restructuring | in_progress | 2007-01-01 | 2008-12-31 | Global | All segments and corporate organization | USD 204 (millions) | MD&A f5-10k / Qwen3.6-27B-Q8_0 | Launched in first quarter of 2007 to streamline businesses and reduce operational footprint. Total expected charges $350-$400 million through end of 2008. $204 million incurred in 2007. | ||
| 2007-06-29 | restructuring | in_progress | 2007-01-01 | 2008-12-31 | All segments including corporate organization; primarily ADT Worldwide and Fire Protection Services Europe and corporate headquarters functions | USD 162 (millions) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Company-wide program launched in Q1 2007 to streamline businesses and reduce operational footprint; expected total charges of $350-400 million through end of 2008; YTD charges of $162 million include $137 million of severance; largely workforce reductions expected to be completed by end of 2008. No employee counts disclosed. | |||
| 2007-06-29 | divestiture_reduction | completed | 2007-06-29 | 2007-06-29 | Healthcare (Covidien) and Electronics (Tyco Electronics) businesses | USD 677 (millions) | other f5-10q / GLM-5.3-flash-fp4-HTML | Spin-offs of Covidien and Tyco Electronics completed June 29, 2007 via distribution to shareholders; businesses historically accounted for approximately 55% of pre-Separation revenues; no headcount figures disclosed. | |||
| 2007-06-29 | restructuring | in_progress | 2006-11-01 | 2008-12-31 | Global | All segments including corporate | USD 350 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Program launched in Q1 2007 (announced November 2006); expected total charges of $350M-$400M through end of 2008. Severance and workforce reductions described but no employee counts disclosed. Charges of $49M in Q3 and $162M YTD. | ||
| 2007-06-29 | divestiture_reduction | completed | 2007-06-29 | Global | Healthcare and Electronics businesses (Covidien and Tyco Electronics) | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Spin-off of Covidien and Tyco Electronics completed June 29, 2007; these businesses historically accounted for ~55% of revenues and ~52% of total assets. No headcount figures disclosed for the transferred workforce. | ||||
| 2007-06-29 | divestiture_reduction | announced | 2007-07-01 | Global | Infrastructure Services (Corporate and Other) | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | Board approved divestiture of Infrastructure Services in July 2007 (subsequent event). Business had $1.2B revenue and $55M operating income in 2006. No headcount disclosed. | ||||
| 2007-06-29 | restructuring | in_progress | 2007-01-01 | 2008-12-31 | Global | Corporate and Other; ADT Worldwide; Fire Protection Services; Flow Control; Safety Products | USD 350 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Company launched a restructuring program in Q1 2007 to streamline businesses and reduce operational footprint. Expected total charges are $350 million to $400 million through end of 2008. Actions include workforce reductions and facility exits. Q3 2007 charges included $37 million severance and $5 million facility exit/other cash charges. YTD 2007 charges included $137 million severance and $9 million facility exit/other cash charges. Employee count affected is not disclosed. | ||
| 2007-03-30 | restructuring | in_progress | 2006-11-01 | 2008-12-31 | Fire and Security | USD 270 (millions) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Company-wide program launched in Q1 2007 to streamline businesses and reduce operational footprint; actions largely workforce reductions, expected complete by end of 2008. Segment-level charge allocation disclosed; no employee counts given. | |||
| 2007-03-30 | restructuring | in_progress | 2006-11-01 | 2008-12-31 | Healthcare | USD 150 (millions) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Includes consolidation of certain US facilities; actions largely workforce reductions. | |||
| 2007-03-30 | restructuring | in_progress | 2006-11-01 | 2008-12-31 | Engineered Products and Services | USD 80 (millions) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Part of company-wide restructuring program; actions largely workforce reductions. | |||
| 2007-03-30 | restructuring | in_progress | 2006-11-01 | 2008-12-31 | Electronics | USD 60 (millions) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Part of company-wide restructuring program; actions largely workforce reductions. | |||
| 2007-03-30 | restructuring | in_progress | 2006-11-01 | 2008-12-31 | Corporate | USD 40 (millions) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Includes consolidation of certain headquarter functions. | |||
| 2007-03-30 | divestiture_reduction | completed | Electronics — Printed Circuit Group | USD 45 (millions) | other f5-10q / GLM-5.3-flash-fp4-HTML | Sale of PCG business completed in Q1 2007 for $231 million net cash proceeds; pre-tax gain of $45 million recorded. No headcount disclosed. | |||||
| 2007-03-30 | divestiture_reduction | completed | Venezuela | Engineered Products and Services — AIJ joint venture | USD 19 (millions) | other f5-10q / GLM-5.3-flash-fp4-HTML | Sale of majority-owned AIJ joint venture completed in Q1 2007 for $42 million net cash proceeds; pre-tax gain of $19 million recorded. No headcount disclosed. | ||||
| 2007-03-30 | restructuring | in_progress | 2006-11-01 | 2008-12-31 | Global | All segments including Corporate | USD 600 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Company-wide program launched in Q1 2007; charges of approximately $600M over two years ($270M Fire & Security, $150M Healthcare, $80M Engineered Products & Services, $60M Electronics, $40M Corporate). Actions largely workforce reductions expected complete by end of 2008. No employee count disclosed. | ||
| 2007-03-30 | restructuring | in_progress | 2006-01-13 | 2007-06-30 | Global | Corporate / all segments | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | Proposed Separation into three public companies; estimated after-tax charges at high end of $1.2B–$1.6B range. Pre-tax separation costs of $106M in Q2 2007 and $191M YTD. No employee count disclosed. | |||
| 2007-03-30 | restructuring | in_progress | 2007-01-01 | 2008-12-31 | Global | All segments and Corporate | USD 149 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Company launched restructuring program in Q1 2007 to streamline businesses and reduce operational footprint. Total expected charges approx $600M over two years. YTD charges of $149M include $144M severance and $5M facility exit/other. Actions largely reductions in workforce. | ||
| 2006-12-29 | restructuring | in_progress | 2006-11-01 | 2008-12-31 | Global, with significant European component | All segments and Corporate | USD 600 (millions) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Company-wide program announced November 2006 and launched in Q1 FY2007; expected charges of approximately $600 million over two years, of which $500 million expected in 2007. Expected segment split: Fire & Security ~$270M, Healthcare ~$150M, Engineered Products & Services ~$80M, Electronics ~$60M, Corporate ~$40M. Total cash expenditures expected ~$450 million, ~$250 million in 2007. Actions largely workforce reductions, expected complete by end of 2007 or early 2008; Q1 actions focused on field efficiencies and consolidating administrative functions in European Fire & Security operations, US Healthcare facility consolidation, and Corporate headquarter function consolidation. | ||
| 2006-12-29 | restructuring | in_progress | 2006-11-01 | 2008-12-31 | Fire and Security | USD 270 (millions) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Expected program charges of approximately $270 million at Fire & Security under the company-wide restructuring program. | |||
| 2006-12-29 | restructuring | in_progress | 2006-11-01 | 2008-12-31 | Healthcare | USD 150 (millions) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Expected program charges of approximately $150 million at Healthcare under the company-wide restructuring program. | |||
| 2006-12-29 | restructuring | in_progress | 2006-11-01 | 2008-12-31 | Engineered Products and Services | USD 80 (millions) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Expected program charges of approximately $80 million at Engineered Products & Services under the company-wide restructuring program. | |||
| 2006-12-29 | restructuring | in_progress | 2006-11-01 | 2008-12-31 | Electronics | USD 60 (millions) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Expected program charges of approximately $60 million at Electronics under the company-wide restructuring program. | |||
| 2006-12-29 | restructuring | in_progress | 2006-11-01 | 2008-12-31 | Corporate | USD 40 (millions) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Expected program charges of approximately $40 million at Corporate under the company-wide restructuring program. | |||
| 2006-12-29 | restructuring | in_progress | 2006-11-01 | 2008-12-31 | All segments and Corporate | USD 83 (millions) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Q1 FY2007 net restructuring charges of $83 million recorded under the program, including $1 million inventory write-down in cost of sales; remaining $82 million comprises $79 million severance and $3 million facility exit and other cash charges. Cash utilization in the quarter was $2 million. Q1 charges by segment: Fire and Security $37M, Healthcare $16M, Electronics $9M, Engineered Products and Services $7M, Corporate $14M. | |||
| 2006-12-29 | divestiture_reduction | completed | 2006-01-01 | 2006-12-29 | Electronics — Printed Circuit Group | USD 45 (millions) | other f5-10q / GLM-5.3-flash-fp4-HTML | Sale of Printed Circuit Group business consummated in Q1 FY2007 for $231 million net cash proceeds; pre-tax gain on sale of $45 million recorded. No employee headcount figures disclosed. | |||
| 2006-12-29 | divestiture_reduction | completed | 2006-01-01 | 2006-12-29 | Venezuela | Engineered Products and Services — AIJ joint venture | USD 19 (millions) | other f5-10q / GLM-5.3-flash-fp4-HTML | Majority-owned joint venture Aguas Industriales de Jose, C.A. sold to the local government for $42 million net cash proceeds; pre-tax gain of $19 million recorded. No employee headcount figures disclosed. | ||
| 2006-12-29 | restructuring | in_progress | 2006-11-01 | 2008-12-31 | Global | All segments (Fire & Security, Healthcare, Engineered Products & Services, Electronics, Corporate) | USD 600 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Company-wide program launched in Q1 FY2007 (announced November 2006); ~$500M expected in 2007, ~$450M total cash (~$250M in 2007). Q1 FY2007 charges of $83M ($79M severance, $3M facility exit). Actions largely workforce reductions, expected complete by end of 2007 or early 2008. No employee count disclosed. | ||
| 2006-12-29 | divestiture_reduction | completed | 2006-09-29 | 2006-12-29 | Global | Electronics — Printed Circuit Group (PCG) | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | PCG sale consummated in Q1 FY2007 for $231M net cash proceeds; pre-tax gain of $45M. No headcount associated with the divestiture disclosed. | |||
| 2006-12-29 | divestiture_reduction | completed | 2006-09-29 | 2006-12-29 | Venezuela | Engineered Products and Services — Aguas Industriales de Jose (AIJ) joint venture | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | AIJ operations sold to local government in Q1 FY2007 for $42M net cash proceeds; pre-tax gain of $19M. No headcount disclosed. | |||
| 2006-12-29 | acquisition_addition | completed | 2006-12-29 | 2006-12-29 | Global | Healthcare — Airox S.A. (remaining shares acquired via mandatory tender offer) | USD 8 (millions) | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Remaining Airox shares acquired for ~$46M cash in Q1 FY2007; $8M in-process R&D charge recorded (total for acquisition $19M). No headcount added disclosed. | ||
| 2006-12-29 | other | announced | 2006-01-13 | 2007-06-30 | Global | Corporate — Proposed Separation into three public companies (Tyco Healthcare, Tyco Electronics, Tyco Fire & Security/Engineered Products) | USD 1,400 (millions) | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | Estimated after-tax separation charges of $1.2B–$1.6B (midpoint shown). $85M separation costs incurred in Q1 FY2007. Expected to occur early in Q2 calendar 2007. No workforce counts disclosed; employee-related costs are a component of the charge estimate. | ||
| 2006-12-29 | restructuring | in_progress | 2006-11-01 | 2008-01-01 | Global | All Segments and Corporate | USD 83 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Company launched restructuring program across all segments and corporate organization to streamline businesses and reduce operational footprint. Total expected charges approx $600M over two years. Q1 2007 charges of $83M include $79M severance and $3M facility exit/other. Actions largely reductions in workforce, expected completion by end of 2007 or early 2008. | ||
| 2006-09-29 | restructuring | in_progress | Global | All segments (primarily Electronics and Fire and Security) | USD 26 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | FY2006 net restructuring charges of $26M (including $6M in cost of sales); gross charges of $39M comprised $27M severance and $12M facility exit costs. No employee-affected count disclosed for FY2006 actions; $9M remained accrued at year-end | ||||
| 2006-09-29 | restructuring | announced | 2006-11 | Global | All segments including corporate organization | USD 600 (millions) | subsequent_events f5-10k / MiMo-V2.6-Flash-fp8-HTML | Company-wide restructuring program approved by Board for up to $600M over two years, of which ~$500M expected in 2007 and ~$450M total cash (~$250M in 2007); no employee-affected count disclosed | |||
| 2006-09-29 | divestiture_reduction | completed | Global | Plastics and Adhesives segment (Plastics, Adhesives, Ludlow Coated Products and A&E Products) | discontinued_operations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Sold during FY2006 for net proceeds of $882M (Plastics/Adhesives/Ludlow) and $2M (A&E); pre-tax losses on sale of $261M and $26M. No headcount disclosed | |||||
| 2006-09-29 | divestiture_reduction | completed | 2006-10-27 | Global | Electronics segment — Printed Circuit Group (PCG) | discontinued_operations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Definitive sale agreement entered during FY2006 for $226M; sale completed 2006-10-27 with expected ~$45M gain. No headcount disclosed | ||||
| 2006-09-29 | restructuring | announced | 2007-01-01 | 2008-12-31 | Global | All segments including corporate organization | USD 600 (millions) | subsequent_events f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML | Restructuring program launched in Q1 2007 to streamline businesses and reduce operational footprint. Expected charges of $600 million over two years ($500 million in 2007). Employee count not disclosed. | ||
| 2006-09-29 | restructuring | completed | 2006-01-01 | 2006-12-31 | Global | All segments | USD 26 (millions) | restructuring_footnote f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML | Net restructuring charges of $26 million recorded in 2006, including $39 million in charges (severance and facility exit) and $15 million in credits. Employee count not explicitly disclosed for this specific activity. | ||
| 2006-09-29 | restructuring | announced | 2007-01-01 | 2008-12-31 | Global | All segments including corporate | USD 600 (millions) | subsequent_events f5-10k / Qwen3.6-27B-Q8_0 | Launched in first quarter of 2007. Expected to incur charges of approximately $600 million over the next two years, of which $500 million in 2007. Total cash expenditures expected to be approximately $450 million. | ||
| 2006-09-29 | restructuring | completed | 2006-01-01 | 2006-09-29 | Global | Various | USD 26 (millions) | restructuring_footnote f5-10k / Qwen3.6-27B-Q8_0 | Net restructuring charges of $26 million recorded in 2006, including $6 million in cost of sales. Includes $39 million in charges (severance and facility exit) and $15 million in credits (reversals). | ||
| 2006-09-29 | restructuring | in_progress | 2006-10-01 | 2008-09-30 | Global | All segments including corporate | USD 600 (millions) | subsequent_events f5-10k / MiMo-V2.6-Flash-fp8-HTML | Company-wide restructuring program launched in Q1 2007 (first quarter after FY2006 year-end). $600M total expected over two years, $500M in 2007; $450M total cash, $250M in 2007. $82M charges and $2M cash utilized in Q1 2007. No employee count disclosed. | ||
| 2006-09-29 | restructuring | in_progress | Global | All segments | USD 26 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | FY2006 net restructuring charges of $26M (including $6M in cost of sales). $21M paid during year; $9M accrued at year-end. No employee count disclosed for FY2006 actions. | ||||
| 2006-09-29 | divestiture_reduction | completed | Global | Plastics and Adhesives segment (including Plastics, Adhesives, Ludlow Coated Products, A&E Products) | discontinued_operations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Plastics and Adhesives segment sold during FY2006 for $882M net proceeds (Plastics/Adhesives/Ludlow) and $2M (A&E Products). Pre-tax losses on sale of $261M and $26M respectively. No employee count disclosed. | |||||
| 2006-09-29 | divestiture_reduction | completed | 2006-10-27 | Global | Electronics segment — Printed Circuit Group (PCG) | subsequent_events f5-10k / MiMo-V2.6-Flash-fp8-HTML | PCG sale completed October 27, 2006 (subsequent to FY2006 year-end) for $226M cash; $45M pre-tax gain expected. Classified as discontinued operation in all periods presented. No employee count disclosed. | ||||
| 2006-09-29 | divestiture_reduction | completed | 2006-12-31 | Venezuela | Engineered Products and Services segment — Aguas Industriales de Jose (AIJ) joint venture | subsequent_events f5-10k / MiMo-V2.6-Flash-fp8-HTML | AIJ sold in Q1 2007 for $42M net cash proceeds with $19M pre-tax gain. Reclassified as discontinued operation in all periods presented. No employee count disclosed. | ||||
| 2006-06-30 | restructuring | in_progress | Electronics; Fire and Security | USD 28 (millions) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Nine-month severance charges of $28 million within total restructuring charges of $36 million; most 2006 initiatives relate to Electronics and Fire and Security segments. No employee counts disclosed. | |||||
| 2006-06-30 | restructuring | in_progress | Electronics; Fire and Security | USD 36 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Nine months ended June 30, 2006: $36M restructuring charges ($28M severance, $8M facility exit/other), less $13M reversals and $3M non-cash credits; net restructuring charges of $20M plus $8M long-lived asset impairments. Employee headcount affected not disclosed. Restructuring reserves totaled $120M at June 30, 2006. | |||||
| 2006-06-30 | divestiture_reduction | completed | 2005-05-01 | 2006-06-30 | Plastics and Adhesives segment (Plastics, Adhesives and Ludlow Coated Products businesses) | USD 275 (millions) | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Sale consummated in Q2 2006 for $975M gross / $882M net proceeds; $275M pre-tax impairment plus $7M loss on sale. Headcount removed not disclosed. | |||
| 2006-06-30 | divestiture_reduction | completed | 2006-06-30 | A&E Products Group (Plastics and Adhesives segment) | USD 22 (millions) | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | $17M pre-tax impairment in Q1 2006 plus $5M additional impairment in Q2 2006; sale consummated in Q3 2006 for $5M gross proceeds with $3M loss on sale. Headcount removed not disclosed. | ||||
| 2006-06-30 | divestiture_reduction | announced | 2006-08-03 | 2006-12-31 | Printed Circuit Group (PCG), Electronics segment | subsequent_events f5-10q / MiMo-V2.6-Flash-fp8-HTML | Definitive agreement to divest PCG for $226M signed August 3, 2006; business met held-for-sale/discontinued-operations criteria at June 30, 2006. Headcount removed not disclosed. | ||||
| 2006-06-30 | acquisition_addition | completed | 2006-06-30 | Healthcare — Floreane Medical Implants, S.A. | USD 123 (millions) | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Over 90% ownership acquired for approximately $123M cash net of cash acquired. Headcount added not disclosed. | ||||
| 2006-06-30 | acquisition_addition | announced | 2006-07-18 | 2006-08-31 | Healthcare — Confluent Surgical, Inc. | USD 245 (millions) | subsequent_events f5-10q / MiMo-V2.6-Flash-fp8-HTML | Definitive agreement to acquire Confluent Surgical for $245M; expected to close by end of August 2006 with an in-process R&D charge in Q4 2006. Headcount added not disclosed. | |||
| 2006-06-30 | acquisition_addition | announced | 2006-08-02 | 2006-10-31 | France | Healthcare — Airox S.A. | USD 108 (millions) | subsequent_events f5-10q / MiMo-V2.6-Flash-fp8-HTML | Agreement to acquire 37.25% of Airox for ~$40M, followed by mandatory tender offer for remaining shares; total expected ~$108M. Headcount added not disclosed. | ||
| 2006-06-30 | restructuring | announced | 2006-01-13 | 2007-03-31 | Corporate — Proposed Separation into Tyco Healthcare, Tyco Electronics, and Tyco Fire and Security/Engineered Products | USD 1,000 (millions) | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | Board-approved plan to separate into three public companies via tax-free stock dividends; estimated total costs ~$1.0B (tax restructuring and debt refinancing). $56M separation costs in Q3 2006 and $89M YTD. No employee headcount impact disclosed. | |||
| 2006-06-30 | restructuring | in_progress | Electronics, Fire and Security | USD 28 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Nine months ended June 30, 2006. Includes $28M severance and $8M facility exit/other. Most initiatives relate to Electronics and Fire and Security segments. Employee count not disclosed. | |||||
| 2006-06-30 | restructuring | in_progress | Electronics, Fire and Security | USD 9 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Quarter ended June 30, 2006. Net restructuring and asset impairment charges. Employee count not disclosed. | |||||
| 2006-03-31 | restructuring | in_progress | Electronics and Fire and Security (primarily) | USD 27 (millions) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Six-month restructuring charges of $27 million, including $21 million severance and $6 million facility exit and other charges; no employee counts disclosed. Includes $11 million of reversals of prior-year reserves and $3 million of non-cash credits. | |||||
| 2006-03-31 | other | in_progress | 2006-01-13 | 2007-03-31 | Corporate | USD 33 (millions) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Proposed separation into three publicly traded companies (Tyco Healthcare, Tyco Electronics, and Fire and Security/Engineered Products combination); total costs estimated at $1.0 billion, largely for tax restructuring and debt refinancing. $33 million incurred in the six months ended March 31, 2006. | |||
| 2006-03-31 | acquisition_addition | completed | Healthcare | USD 122 (millions) | business_combinations_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Acquired over 90% ownership in Floreane Medical Implants, S.A. for approximately $122 million cash net of cash acquired; no headcount figures disclosed. | |||||
| 2006-03-31 | divestiture_reduction | completed | Plastics and Adhesives (discontinued operations) | USD 275 (millions) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Sale of Plastics, Adhesives and Ludlow Coated Products businesses closed in Q2 2006 for $975 million gross proceeds ($907 million net); pre-tax impairment charge of $275 million recorded in Q1 2006 plus ~$10 million pre-tax loss on sale. No headcount figures disclosed. | |||||
| 2006-03-31 | restructuring | in_progress | Global | Primarily Electronics and Fire and Security | USD 27 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Six months ended March 31, 2006: $27M restructuring charges ($21M severance, $6M facility exit/other), less $11M reversals and $3M non-cash credits, net $13M restructuring. No employee headcount disclosed. Restructuring reserves balance $133M at quarter-end. | ||||
| 2006-03-31 | divestiture_reduction | completed | 2005-05-01 | 2006-02-16 | Global | Plastics and Adhesives (discontinued operations) | USD 275 (millions) | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Sale of Plastics, Adhesives and Ludlow Coated Products closed February 16, 2006 for $975M gross proceeds. $275M pre-tax impairment charge recorded in Q1 2006; $10M pre-tax loss on sale in Q2. No employee headcount disclosed. | ||
| 2006-03-31 | divestiture_reduction | in_progress | 2005-05-01 | 2006-12-31 | Global | A&E Products Group (discontinued operations) | USD 22 (millions) | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | $17M pre-tax impairment in Q1 2006 plus $5M additional in Q2 2006. Definitive sale agreement entered in Q2; sale expected to complete during 2006. No employee headcount disclosed. | ||
| 2006-03-31 | acquisition_addition | completed | Global | Healthcare | USD 122 (millions) | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Acquisition of over 90% ownership in Floreane Medical Implants, S.A. for approximately $122M cash net of cash acquired. No employee headcount disclosed. | ||||
| 2006-03-31 | other | announced | 2006-01-13 | 2007-03-31 | Global | All segments — Proposed Separation into three public companies | USD 1,000 (millions) | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Board approved plan to separate into Tyco Healthcare, Tyco Electronics, and Fire & Security/Engineered Products via tax-free stock dividends. Estimated total costs ~$1.0B (tax restructuring and debt refinancing). $33M costs incurred in six months. No workforce impact quantified. | ||
| 2006-03-31 | restructuring | in_progress | Electronics and Fire and Security | USD 27 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Includes $21 million of severance and $6 million of facility exit and other charges for the six months ended March 31, 2006. Employee count not disclosed. | |||||
| 2006-03-31 | restructuring | in_progress | Corporate | USD 33 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Costs related to the Proposed Separation into three separate companies. Estimated total costs to complete transaction approximate $1.0 billion. | |||||
| 2005-12-30 | restructuring | in_progress | USD 8 (millions) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Quarterly restructuring charges of $11 million included $8 million of severance and $3 million of facility exit charges; no employee counts disclosed. $5 million of prior-year restructuring reserves reversed. | ||||||
| 2005-12-30 | divestiture_reduction | in_progress | 2005-05-01 | 2006-06-30 | Plastics and Adhesives | USD 275 (millions) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Pre-tax impairment charge to write down Plastics, Adhesives and Ludlow Coated Products disposal group to fair value less costs to sell; definitive sale agreement for $975 million cash, expected to close in Q2 fiscal 2006. No headcount figures disclosed. | |||
| 2005-12-30 | divestiture_reduction | in_progress | 2005-05-01 | 2006-12-31 | Plastics and Adhesives — A&E Products Group | USD 17 (millions) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Pre-tax impairment charge for A&E Products Group to write down to fair value less costs to sell; sale negotiations ongoing, expected to close during fiscal 2006. No headcount figures disclosed. | |||
| 2005-12-30 | acquisition_addition | completed | 2005-11-01 | 2006-09-30 | Healthcare | USD 82 (millions) | business_combinations_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Acquisition of controlling interest in Floreane Medical Implants, S.A. for approximately $82 million cash, net of cash acquired; total value approximately $142 million with remaining shares to be acquired in fiscal 2006. No headcount figures disclosed. | |||
| 2005-12-30 | restructuring | in_progress | Consolidated (Electronics, Fire and Security, Engineered Products and Services, Corporate restructuring reserves) | USD 14 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Q1 FY2006 net restructuring and asset impairment charges of $14M, including $11M of restructuring charges ($8M severance, $3M facility exit), $6M long-lived asset impairments, $2M inventory write-down, less $5M reversals of prior-year reserves. No employee counts disclosed. Restructuring reserves of $137M at quarter-end. | |||||
| 2005-12-30 | divestiture_reduction | completed | Fire and Security | USD 3 (millions) | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Two businesses divested within Fire and Security during the quarter; net losses and impairments on divestitures of $3M recorded. No headcount impact disclosed. | |||||
| 2005-12-30 | divestiture_reduction | announced | 2006-06-30 | Plastics and Adhesives (discontinued operations) | USD 292 (millions) | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Definitive agreement reached during the quarter to sell Plastics, Adhesives and Ludlow Coated Products for $975M cash plus up to $30M contingent payment; pre-tax impairment charges of $275M and $17M (A&E Products Group) recorded to write disposal groups to fair value less costs to sell. Sale expected to close in Q2 FY2006. No headcount impact disclosed. | ||||
| 2005-12-30 | acquisition_addition | completed | 2005-11-01 | Healthcare | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | November 2005 acquisition of a controlling interest in Floreane Medical Implants for approximately $82M cash net of cash acquired (total value ~$142M). No headcount added disclosed. | |||||
| 2005-12-30 | restructuring | in_progress | USD 11 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Includes $8 million severance and $3 million facility exit charges. Net charge was $6 million after $5 million reversal of prior reserves. | ||||||
| 2005-12-30 | acquisition_addition | completed | 2005-11-01 | Healthcare | USD 82 (millions) | business_combinations_footnote f5-10q / Qwen3.6-27B-Q8_0 | Acquisition of controlling interest in Floreane Medical Implants, S.A. for approx $82 million cash. | ||||
| 2005-09-30 | restructuring | in_progress | 2005 | Primarily United States | Multiple segments (Electronics, Fire and Security, Healthcare, Engineered Products and Services, Corporate) | USD 53 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Gross fiscal 2005 restructuring charges of $53M (incl. $1M in cost of sales); $25M related to actions initiated and completed in 2005 (largely Electronics severance of $11M and Fire and Security severance of $6M) and $28M to prior-year actions; offset by $22M reserve reversals and $20M asset-sale credits, yielding net charges of $10M. No employee count disclosed for fiscal 2005 actions; $17M paid and $8M accrued at year-end. | |||
| 2005-09-30 | restructuring | in_progress | 8,670 | 2004 | Primarily United States | Multiple segments; exit of 181 facilities | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Multi-year program announced in fiscal 2004; employee count and facility count are full plan totals, cumulative through fiscal year-end. Fiscal 2005 activity: $106M reserve utilization (severance $78M, facilities $21M, other $7M) plus $13M reserve reversal; $52M reserve remained at 2005-09-30. | |||
| 2005-09-30 | restructuring | in_progress | 13,800 | 2002 | United States, Europe and Latin America | Multiple segments, including Tyco Submarine Telecommunications; exit of 193 facilities | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Multi-year program announced in fiscal 2002; counts are full plan totals cumulative through fiscal year-end. Fiscal 2005 activity: $22M utilization and $5M credits, leaving an $81M reserve at 2005-09-30, consisting primarily of long-term non-cancelable facility lease obligations in Electronics. | |||
| 2005-09-30 | divestiture_reduction | completed | 2005 | 2005-09-30 | Global | Fire and Security, Healthcare, Engineered Products and Services, Corporate (incl. Tyco Global Network sale) | discontinued_operations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Eighteen businesses divested during fiscal 2005 (eight reported as discontinued operations, ten as continuing operations), including the Tyco Global Network sale completed 2005-06-30 for $130M gross proceeds with a $303M pre-tax gain. No headcount associated with the divestitures is disclosed. | |||
| 2005-09-30 | divestiture_reduction | in_progress | 2005-05 | 2006-09-30 | Global | Plastics and Adhesives segment | USD 202 (millions) | discontinued_operations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Intent to divest announced May 2005; segment met held-for-sale criteria at 2005-09-30 and is reported in discontinued operations. Charge shown is a $162M goodwill impairment plus $40M long-lived asset impairment at the A&E Products reporting unit, recorded in discontinued operations; no headcount disclosed and further impairments are possible. | ||
| 2005-09-30 | acquisition_addition | completed | 2005-07 | United States | Healthcare — Surgical division | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Acquisition of Vivant Medical Inc., a microwave ablation medical technology developer; valued at approximately $66M cash plus up to approximately $35M in milestone payments. No headcount disclosed. | ||||
| 2005-09-30 | acquisition_addition | completed | 2005-11 | Global | Healthcare — surgical mesh implants | subsequent_events f5-10k / MiMo-V2.6-Flash-fp8-HTML | Post-fiscal-year-end event: controlling interest in Floreane Medical Implants, S.A. acquired for approximately $89M cash (total transaction value approximately $142M), with remaining shares expected to be acquired during fiscal 2006. No headcount disclosed. | ||||
| 2005-09-30 | other | completed | 2004-12 | United States | Fire and Security — SimplexGrinnell | Item_1_Business f5-10k / MiMo-V2.6-Flash-fp8-HTML | In late December 2004 (within fiscal 2005), SimplexGrinnell reached a collective bargaining agreement with Local 669 and the United Association resolving all matters disputed since 1994; Local 669 acknowledged it no longer represents SimplexGrinnell employees. The underlying 1994 strike involved roughly 1,200 employees; no headcount attached to the settlement itself. | ||||
| 2005-09-30 | restructuring | completed | 2005-01-01 | 2005-09-30 | Global | All Segments | USD 11 (millions) | restructuring_footnote f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML | Net restructuring charges of $11 million for fiscal year 2005. Includes $53 million in charges and $42 million in credits. Employee headcount affected is not explicitly disclosed in the footnote, though prior years reference specific termination counts. | ||
| 2005-09-30 | restructuring | completed | 2004-01-01 | 2005-09-30 | United States | All Segments | USD 285 (millions) | restructuring_footnote f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML | 2004 restructuring plans affecting 8,670 employees. $285 million total charges in 2004. In 2005, $13 million of restructuring reserves were reversed as credits due to costs being less than originally estimated. | ||
| 2005-09-30 | restructuring | completed | 2005-01-01 | 2005-09-30 | Global | All Segments | USD 53 (millions) | restructuring_footnote f5-10k / Qwen3.6-27B-Q8_0 | Company recorded restructuring charges of $53 million including severance, facility exit costs, and other costs. Employee count not explicitly disclosed for 2005 actions. | ||
| 2005-09-30 | restructuring | completed | 8,670 | 2004-01-01 | 2005-09-30 | Primarily United States | All Segments | USD 285 (millions) | restructuring_footnote f5-10k / Qwen3.6-27B-Q8_0 | Plans announced in 2004 to exit 181 facilities and terminate approximately 8,670 employees. Charges of $285 million recorded in 2004. Activity continued into 2005 with utilization of reserves. | |
| 2005-07-01 | restructuring | in_progress | Multiple segments | USD 54 (millions) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Nine-month net charges of $54 million: $42 million long-lived asset impairments (primarily Plastics and Adhesives) and $12 million net restructuring charges ($46 million gross charges for severance, facility exits and other, offset by $16 million credits and $18 million asset-sale credits). No employee counts disclosed. | |||||
| 2005-07-01 | divestiture_reduction | completed | 2004-11-01 | 2005-06-30 | Corporate and Other | other f5-10q / GLM-5.3-flash-fp4-HTML | Sale of Tyco Global Network (undersea fiber optic telecom network) completed June 30, 2005 for $130 million gross proceeds; $305 million pre-tax gain recorded. Headcount removed not disclosed. | ||||
| 2005-07-01 | divestiture_reduction | completed | Fire and Security; Healthcare; Engineered Products and Services | USD 24 (millions) | other f5-10q / GLM-5.3-flash-fp4-HTML | Nine continuing-operations businesses divested for $34 million net cash proceeds; $24 million net losses and impairments on divestitures recorded. Headcount removed not disclosed. | |||||
| 2005-07-01 | divestiture_reduction | completed | Fire and Security; Plastics and Adhesives; Engineered Products and Services | USD 66 (millions) | other f5-10q / GLM-5.3-flash-fp4-HTML | Eight discontinued-operations businesses divested for $156 million net cash proceeds; $66 million pre-tax ($58 million after-tax) net losses on sale recorded. Headcount removed not disclosed. | |||||
| 2005-07-01 | restructuring | announced | 2005-05-01 | Plastics and Adhesives | USD 202 (millions) | MD&A f5-10q / GLM-5.3-flash-fp4-HTML | Company announced intent to explore divestiture of Plastics and Adhesives segment; recorded $202 million ($181 million after tax) of goodwill and long-lived asset impairment charges in A&E Products. Held-for-sale criteria not met as of quarter end; additional impairments possible. | ||||
| 2005-07-01 | restructuring | in_progress | Global | Multiple segments (Fire and Security, Electronics, Healthcare, Engineered Products and Services, Plastics and Adhesives, Corporate) | USD 46 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | FY2005 nine-month restructuring charges of $46M comprised $23M severance, $13M facility exit, $10M other; offset by $16M credits and $18M asset-sale credits. No employee headcount disclosed. | ||||
| 2005-07-01 | divestiture_reduction | completed | 2004-11-01 | 2005-06-30 | Global | Corporate and Other (Tyco Global Network) | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Sale of undersea fiber optic network completed 2005-06-30 for $130M gross proceeds; $305M pre-tax gain recorded. No headcount disclosed. | |||
| 2005-07-01 | divestiture_reduction | in_progress | 2005-05-01 | Global | Plastics and Adhesives | USD 202 (millions) | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Intent to divest Plastics and Adhesives announced May 2005; $202M goodwill and long-lived asset impairment recorded in A&E Products. Held-for-sale criteria not met in Q3. No headcount disclosed. | |||
| 2005-07-01 | divestiture_reduction | completed | 2005-07-01 | Global | Fire and Security, Healthcare, Engineered Products and Services (continuing ops); Fire and Security, Plastics and Adhesives, Engineered Products and Services (discontinued ops) | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Nine continuing-ops businesses divested for $34M net proceeds; eight discontinued-ops businesses divested for $156M net proceeds with $66M pre-tax loss. No headcount disclosed. | ||||
| 2005-07-01 | restructuring | in_progress | Global | Various segments | USD 46 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Nine months ended July 1, 2005. Includes $23M severance, $13M facility exit, $10M other. Credits of $16M and $18M also recorded. | ||||
| 2005-07-01 | divestiture_reduction | completed | 2004-11-01 | 2005-06-30 | Global | Corporate and Other (TGN) | MD&A f5-10q / Qwen3.6-27B-Q8_0 | Sale of Tyco Global Network (TGN) consummated June 30, 2005. Employee count not disclosed. | |||
| 2005-07-01 | divestiture_reduction | completed | Global | Fire and Security, Healthcare, Engineered Products and Services | MD&A f5-10q / Qwen3.6-27B-Q8_0 | Divestiture of nine businesses reported as continuing operations. Employee count not disclosed. | |||||
| 2005-07-01 | divestiture_reduction | completed | Global | Fire and Security, Plastics and Adhesives, Engineered Products and Services | MD&A f5-10q / Qwen3.6-27B-Q8_0 | Divestiture of eight businesses reported as discontinued operations. Employee count not disclosed. | |||||
| 2005-07-01 | acquisition_addition | completed | 2005-07-01 | Global | Healthcare | USD 66 (millions) | MD&A f5-10q / Qwen3.6-27B-Q8_0 | Acquisition of Vivant Medical Inc. valued at approx $66M cash. Employee count not disclosed. | |||
| 2005-04-01 | restructuring | in_progress | Primarily United States | Plastics and Adhesives | USD 40 (millions) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Six-month net charges of $52 million comprised $40 million long-lived asset impairment in Plastics and Adhesives plus $12 million net restructuring charges ($15 million severance, $6 million facility exit, $6 million other, offset by $11 million reserve reversal and $4 million non-cash credits). No employee counts disclosed. | ||||
| 2005-04-01 | restructuring | in_progress | Europe, United States, Latin America, Australia | Fire and Security | USD 42 (millions) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Prior-year comparative disclosure: streamlining charges including $32 million severance and $9 million facility exit costs for elimination of 67 facilities. Not a current-period action; retained for context only. | ||||
| 2005-04-01 | plant_closure | in_progress | Primarily United States | Plastics and Adhesives | USD 37 (millions) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Prior-year comparative: impairment charges for decision to exit 22 facilities, plus $10 million facility exit costs and $11 million severance. Not a current-period action. | ||||
| 2005-04-01 | restructuring | in_progress | Plastics and Adhesives; Fire and Security; Electronics; Engineered Products and Services; Healthcare (consolidated) | USD 52 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Net restructuring and long-lived asset impairment charges for the six months ended April 1, 2005: $40M long-lived asset impairment in Plastics and Adhesives plus $12M net restructuring. Restructuring charges of $27M comprised $15M severance, $6M facility exit and $6M other, offset by $11M reversal of prior-year reserves and $4M other non-cash credits. No employee counts disclosed. | |||||
| 2005-04-01 | divestiture_reduction | completed | Fire and Security, Healthcare, Engineered Products and Services (continuing operations) | USD 20 (millions) | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Six businesses divested during the six months for $35M aggregate proceeds; net losses and impairments on divestitures of $20M recorded. No headcount associated with the divested businesses disclosed. | |||||
| 2005-04-01 | divestiture_reduction | completed | Fire and Security, Engineered Products and Services (discontinued operations) | USD 80 (millions) | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Six businesses reported as discontinued operations divested for $156M aggregate proceeds; $80M pre-tax loss on sale ($56M after tax). No headcount disclosed. | |||||
| 2005-04-01 | plant_closure | announced | 2005-05-01 | Plastics and Adhesives | subsequent_events f5-10q / MiMo-V2.6-Flash-fp8-HTML | In May 2005 (after quarter end) Tyco announced intent to explore divestiture of the Plastics and Adhesives segment; additional impairment charges may follow. Announcement month only; day not disclosed. | |||||
| 2005-04-01 | restructuring | in_progress | Global | Plastics and Adhesives | USD 40 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Impairment of long-lived assets in Plastics and Adhesives business. | ||||
| 2005-04-01 | restructuring | in_progress | Global | Corporate | USD 12 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Net restructuring charges including $15M severance, $6M facility exit, and $6M other, partially offset by $11M reversal of reserves. | ||||
| 2005-04-01 | plant_closure | completed | United States | Plastics and Adhesives | USD 37 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Impairment charges associated with decision to exit 22 facilities primarily in the United States (reported in prior year comparative, but activity context relevant to current reserve utilization). | ||||
| 2004-12-31 | restructuring | in_progress | Company-wide | USD 15 (millions) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Quarterly net charge of $8 million comprised of $15 million restructuring and other charges (severance $8M, facility exit $4M, other $3M), offset by $3 million of reserve reversals and $4 million of non-cash credits. No employee counts disclosed. | |||||
| 2004-12-31 | restructuring | in_progress | Global | Multiple segments (Fire and Security, Electronics, Healthcare, Engineered Products and Services, Plastics and Adhesives, Corporate and Other) | USD 8 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Q1 FY2005 net restructuring charge of $8M: $15M of restructuring and other charges ($8M severance, $4M facility exit, $3M other), offset by $3M reserve reversals and $4M other net non-cash credits. Employee headcount affected not disclosed. Restructuring reserve balance declined from $237M to $196M during the quarter. | ||||
| 2004-12-31 | divestiture_reduction | completed | Global | Fire and Security; Engineered Products and Services | USD 18 (millions) | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Four continuing-operation businesses divested for $19M aggregate proceeds; six discontinued-operation businesses divested for $156M. Headcount removed not disclosed. | ||||
| 2004-12-31 | divestiture_reduction | announced | 2004-11 | Global | Corporate and Other (Tyco Global Network) | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Agreement in November 2004 to sell the Tyco Global Network undersea fiber optic network for $130M; subject to governmental approvals in US, India and other countries. Expected to record a gain if consummated. Headcount not disclosed. | ||||
| 2004-12-31 | acquisition_addition | completed | Not specified | Electronics; Engineered Products and Services | USD 11 (millions) | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Three acquisitions completed during the quarter for aggregate cost of $11M; described as not material to financial position, results or cash flows. Employees added not disclosed. | ||||
| 2004-12-31 | restructuring | in_progress | 2004-10-01 | Global | Corporate and Other | USD 8 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Includes $8 million severance, $4 million facility exit charges, and $3 million other charges. Net of $3 million reserve reversal and $4 million non-cash credits. | |||
| 2004-12-31 | plant_closure | completed | 2004-10-01 | United States | Plastics and Adhesives | USD 2 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Facility exit costs in connection with the elimination of 4 facilities. Part of broader $30 million charge in prior year, current quarter reflects completion/adjustments. | |||
| 2004-12-31 | plant_closure | completed | 2004-10-01 | Europe, United States, Latin America, Australia | Fire and Security | USD 7 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Facility and other exit costs in connection with the elimination of 43 facilities. Part of broader $16 million charge in prior year, current quarter reflects completion/adjustments. | |||
| 2004-09-30 | restructuring | in_progress | 10,840 | 2004 | 2005 | Primarily United States | Primarily Fire and Security; also Plastics and Adhesives and Engineered Products and Services | USD 329 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | 2004 plans to exit 210 facilities and terminate approximately 10,840 employees; reserves of $161M remained at year-end and approximately $15M of additional charges expected in early 2005. Announcement date stated only as during 2004. | |
| 2004-09-30 | divestiture_reduction | in_progress | 2003-11 | Global | All segments except Plastics and Adhesives; primarily Fire and Security | USD 116 (millions) | discontinued_operations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Divestiture program announced November 2003; during 2004 the Company divested 21 and liquidated 4 non-core businesses for aggregate proceeds of $252M. Headcount removed not disclosed; $116M of net losses and impairments of divestitures recorded in continuing operations. | |||
| 2004-09-30 | other | in_progress | 2003-09 | United States | Fire and Security — SimplexGrinnell LP (Road Sprinkler Fitters Local Union No. 669) | Item_1_Business f5-10k / MiMo-V2.6-Flash-fp8-HTML | Union strike called September 2003 and ongoing at fiscal year-end; filer states it has not had a material effect on operations. Striking headcount not disclosed for the 2003 action. | ||||
| 2004-09-30 | acquisition_addition | completed | 2004 | 2004-09-30 | Not disclosed | Engineered Products and Services and Fire and Security | USD 9 (millions) | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Two businesses acquired during 2004 for an aggregate cost of $9M; acquired headcount not disclosed. | ||
| 2004-09-30 | restructuring | completed | 10,840 | 2004-01-01 | 2005-03-31 | United States | Multiple Segments | USD 329 (millions) | restructuring_footnote f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML | Plans to exit 210 facilities primarily in the US. Includes termination of approx 10,840 employees. Total charges of $329 million. Cash payments expected through 2005. | |
| 2004-09-30 | restructuring | completed | 10,840 | 2004-01-01 | 2005-12-31 | Primarily United States | All segments | USD 329 (millions) | restructuring_footnote f5-10k / Qwen3.6-27B-Q8_0 | 2004 restructuring plans involved termination of approximately 10,840 employees and exit of 210 facilities. Charges totaled $329 million. Cash payments expected through 2005. | |
| 2004-09-30 | restructuring | completed | 1,500 | 2003-01-01 | 2004-09-30 | Primarily United States and Germany | All segments | USD 61 (millions) | restructuring_footnote f5-10k / Qwen3.6-27B-Q8_0 | 2003 restructuring plans involved termination of approximately 1,500 employees and exit of 22 facilities. Charges totaled $61 million. Activities substantially completed by period end. | |
| 2004-06-30 | restructuring | in_progress | 3,234 | Worldwide | Fire and Security | USD 53 (millions) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Fiscal 2004 program: severance for elimination of 3,234 positions primarily in manufacturing, technical, sales and marketing, and general and administrative roles; part of $68.3 million streamlining charge that also includes $11.6 million for closure of 94 facilities and $3.9 million other charges. Nine-month cash paid of $44.3 million includes $35.5 million severance for 2,714 terminated employees. | |||
| 2004-06-30 | plant_closure | in_progress | Worldwide | Fire and Security | USD 12 (millions) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Facility closures in connection with elimination of 94 facilities throughout the world, within the $68.3 million fiscal 2004 streamlining charge. | ||||
| 2004-06-30 | plant_closure | in_progress | Primarily United States | Plastics and Adhesives | USD 15 (millions) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Facility closures and other costs for elimination of 24 facilities; nine-month cash paid of $19.3 million includes $8.6 million for closure of 20 facilities. Related long-lived asset impairment charges of $39.3 million also recorded. | ||||
| 2004-06-30 | restructuring | in_progress | Plastics and Adhesives | USD 12 (millions) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Employee severance component of the $27.5 million net fiscal 2004 restructuring charge; nine-month cash paid includes $7.9 million in severance. | |||||
| 2004-06-30 | restructuring | in_progress | 321 | Electronics | USD 10 (millions) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Utilization during the nine months ended June 30, 2004 of fiscal 2002 restructuring liabilities: $9.5 million severance paid for termination of 321 employees, within $35.0 million total cash paid. | ||||
| 2004-06-30 | restructuring | in_progress | Corporate and Other | USD 5 (millions) | MD&A f5-10q / GLM-5.3-flash-fp4-HTML | Quarterly corporate expenses include charges related to changes in estimates, primarily a severance accrual for certain terminated corporate employees. | |||||
| 2004-06-30 | restructuring | in_progress | 3,234 | Worldwide | Fire and Security | USD 53 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Positions eliminated across manufacturing, technical, sales/marketing and G&A as part of fiscal 2004 streamlining; $68.3M total streamlining charges partly offset by $6.5M credits. Also includes $11.6M for closure of 94 facilities. During nine months, $35.5M severance cash paid for termination of 2,714 employees. | |||
| 2004-06-30 | plant_closure | in_progress | Worldwide | Fire and Security | USD 12 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Facility closures in connection with elimination of 94 facilities worldwide; facility-closure headcount not separately disclosed. | ||||
| 2004-06-30 | restructuring | in_progress | Primarily United States | Plastics and Adhesives | USD 12 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Fiscal 2004 net restructuring charge of $27.5M: $15.1M for closure of 24 facilities and $12.4M employee severance. Severance headcount not disclosed. Related $39.3M long-lived asset impairment on PP&E for facilities being closed. | ||||
| 2004-06-30 | plant_closure | in_progress | Primarily United States | Plastics and Adhesives | USD 15 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Closure of 24 facilities; $19.3M cash paid during nine months for utilization of fiscal 2004 restructuring liabilities, including $8.6M for closure of 20 facilities and $7.9M severance. | ||||
| 2004-06-30 | restructuring | in_progress | 321 | Worldwide | Electronics | USD 10 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Utilization of fiscal 2002 restructuring liabilities during nine months ended June 30, 2004: $35.0M cash paid, including $9.5M severance for termination of 321 employees, $13.0M facility-related costs and $12.5M distributor/supplier cancellation fees. | |||
| 2004-06-30 | restructuring | in_progress | Worldwide | Electronics | USD 11 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Fiscal 2004 net restructuring credits of $34.4M include $11.0M of new charges primarily for employee severance (headcount not disclosed), offset by $45.4M credits including gain on sale of previously impaired cable-laying vessels. | ||||
| 2004-06-30 | divestiture_reduction | completed | Not specified | Fire and Security, Healthcare, Engineered Products and Services | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Sixteen businesses divested during nine months ended June 30, 2004 for aggregate proceeds of $155.6M cash; headcount removed through divestitures not disclosed. | |||||
| 2004-06-30 | acquisition_addition | completed | United States | Fire and Security (ADT dealer program) | USD 187 (millions) | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Acquisition of approximately 222,500 customer contracts for electronic security services through ADT dealer program for $187.1M cash; this is a customer-contract acquisition, not an employee-headcount addition. | ||||
| 2004-06-30 | restructuring | in_progress | 3,234 | 2004-06-30 | Worldwide | Fire and Security | USD 53 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Elimination of positions primarily relating to manufacturing, technical, sales and marketing and general and administrative personnel. | ||
| 2004-06-30 | restructuring | in_progress | 2004-06-30 | Worldwide | Fire and Security | USD 12 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Facility closures in connection with the elimination of 94 facilities. | |||
| 2004-06-30 | restructuring | in_progress | 2004-06-30 | United States | Plastics and Adhesives | USD 15 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Facility closures and other costs in connection with the elimination of 24 facilities. | |||
| 2004-06-30 | restructuring | in_progress | 2004-06-30 | United States | Plastics and Adhesives | USD 12 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Employee severance associated with facility closures. | |||
| 2004-06-30 | restructuring | in_progress | 321 | 2004-06-30 | Worldwide | Electronics | USD 10 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Termination of employees related to utilization of fiscal 2002 restructuring liabilities. | ||
| 2004-03-31 | restructuring | in_progress | 2,105 | Europe, United States, Latin America, Australia, Asia | Fire and Security | USD 32 (millions) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Elimination of 2,105 positions primarily in manufacturing, technical, sales and marketing, and general and administrative roles as part of comprehensive cost reduction program begun in fiscal 2003. | |||
| 2004-03-31 | plant_closure | in_progress | Europe, United States, Latin America, Australia | Fire and Security | USD 9 (millions) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Facility closures in connection with the elimination of 67 facilities. | ||||
| 2004-03-31 | restructuring | in_progress | 399 | United States, Europe | Electronics | USD 5 (millions) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Elimination of 399 positions, primarily manufacturing personnel; segment recorded net restructuring credits of $28.8 million overall due to credits for changes in prior-period estimates. | |||
| 2004-03-31 | restructuring | in_progress | 1,130 | United States | Plastics and Adhesives | USD 11 (millions) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Elimination of 1,130 positions primarily in manufacturing, distribution, and sales and marketing. | |||
| 2004-03-31 | plant_closure | in_progress | United States | Plastics and Adhesives | USD 10 (millions) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Closure of 22 facilities primarily in the United States; segment also recorded $36.9 million of long-lived asset impairment charges related to property, plant and equipment associated with these closures. | ||||
| 2004-03-31 | restructuring | completed | 1,846 | Fire and Security | USD 22 (millions) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Cash paid during the six months ended March 31, 2004 for severance related to termination of 1,846 employees under fiscal 2003 restructuring liabilities. | ||||
| 2004-03-31 | restructuring | completed | 820 | Plastics and Adhesives | USD 5 (millions) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Cash paid during the six months ended March 31, 2004 for severance related to termination of 820 employees; segment also paid $4.9 million for closure of 10 facilities. | ||||
| 2004-03-31 | restructuring | completed | 288 | Electronics | USD 7 (millions) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Cash paid during the six months ended March 31, 2004 for severance related to termination of 288 employees under fiscal 2002 restructuring liabilities. | ||||
| 2004-03-31 | restructuring | in_progress | 2,105 | Europe, United States, Latin America, Australia, Asia | Fire and Security | USD 32 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Fiscal 2004 severance charge for eliminating 2,105 positions, primarily manufacturing, technical, sales/marketing and G&A roles. Cash of $21.8M paid in the six months for severance covering 1,846 employees actually terminated. | |||
| 2004-03-31 | plant_closure | in_progress | Europe, United States, Latin America, Australia | Fire and Security | USD 9 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Fiscal 2004 facility-closure charge for eliminating 67 facilities; headcount impact not separately disclosed. | ||||
| 2004-03-31 | restructuring | in_progress | 399 | United States, Europe | Electronics | USD 5 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Fiscal 2004 charge for eliminating 399 positions, primarily manufacturing personnel; partially offset by $33.3M of credits from prior-period estimate changes. | |||
| 2004-03-31 | restructuring | in_progress | 1,130 | United States | Plastics and Adhesives | USD 11 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Fiscal 2004 severance charge for eliminating 1,130 positions, primarily manufacturing, distribution and sales/marketing. Cash of $5.1M paid in the six months for severance covering 820 employees actually terminated. | |||
| 2004-03-31 | plant_closure | in_progress | United States | Plastics and Adhesives | USD 10 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Fiscal 2004 facility-closure charge for eliminating 22 facilities; cash of $4.9M paid in the six months for closing 10 facilities. Segment also recorded $36.9M of long-lived asset impairment related to these closures. | ||||
| 2004-03-31 | divestiture_reduction | completed | Fire and Security, Healthcare, Engineered Products and Services | USD 5 (millions) | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Nine businesses divested during the six months for aggregate cash proceeds of $113.5M; headcount removed not disclosed. An additional $80.9M was recorded for businesses to be divested. | |||||
| 2004-03-31 | acquisition_addition | completed | Fire and Security | USD 131 (millions) | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Cash paid to acquire approximately 156,000 customer contracts through the ADT dealer program; contract count, not employee headcount. | |||||
| 2004-03-31 | restructuring | in_progress | 2,105 | 2004-03-31 | Europe, United States, Latin America, Australia, Asia | Fire and Security | USD 32 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Elimination of positions primarily relating to manufacturing, technical, sales and marketing and general and administrative personnel. | ||
| 2004-03-31 | plant_closure | in_progress | 2004-03-31 | Europe, United States, Latin America, Australia | Fire and Security | USD 9 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Closure of 67 facilities. | |||
| 2004-03-31 | restructuring | in_progress | 399 | 2004-03-31 | United States, Europe | Electronics | USD 5 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Elimination of positions primarily relating to manufacturing personnel. | ||
| 2004-03-31 | restructuring | in_progress | 1,130 | 2004-03-31 | United States | Plastics and Adhesives | USD 11 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Elimination of positions primarily relating to manufacturing, distribution and sales and marketing personnel. | ||
| 2004-03-31 | plant_closure | in_progress | 2004-03-31 | United States | Plastics and Adhesives | USD 10 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Closure of 22 facilities. | |||
| 2003-12-31 | restructuring | in_progress | 1,025 | United States, Latin America, Europe, Australia and Asia | Fire and Security | USD 17 (millions) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Charge includes $11.1M severance for elimination of 1,025 positions (manufacturing, technical, general and administrative, sales and marketing) and $5.1M for closure of 43 facilities; partially offset by a $1.7M credit, yielding net restructuring charges of $14.9M. Cash paid in the quarter for fiscal 2004 liabilities was $9.4M, including $8.1M severance for 876 terminated employees. | |||
| 2003-12-31 | plant_closure | in_progress | Europe, United States, Latin America and Australia | Fire and Security | USD 5 (millions) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Facility closures in connection with the elimination of 43 facilities, disclosed as a component of the segment's $16.6M streamlining charge. | ||||
| 2003-12-31 | restructuring | in_progress | 399 | United States and Europe | Electronics | USD 4 (millions) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Severance charges for elimination of 399 positions, primarily manufacturing personnel; segment recorded net restructuring credits of $20.1M, driven by $24.4M of credits reversing prior-period estimates for severance, facility-related charges, and distribution and supplier cancellation fees. | |||
| 2003-12-31 | restructuring | in_progress | 447 | United States | Plastics and Adhesives | USD 6 (millions) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Severance for elimination of 447 positions primarily manufacturing, distribution and sales and marketing personnel; part of an $8.3M segment restructuring charge. Cash paid in the quarter was $2.4M, including $2.3M severance for 87 terminated employees. | |||
| 2003-12-31 | plant_closure | in_progress | United States | Plastics and Adhesives | USD 22 (millions) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Impairment charges for long-lived assets (property, plant and equipment) related to management's decision in the quarter to close four facilities; segment also recorded $2.6M of facility-closure restructuring charges as part of the $8.3M total. | ||||
| 2003-12-31 | restructuring | in_progress | 1,025 | United States, Latin America, Europe, Australia and Asia | Fire and Security | USD 11 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Positions span manufacturing, technical, general and administrative, and sales and marketing roles; part of comprehensive cost reduction program begun in fiscal 2003. Segment recorded net restructuring charges of $14.9M including a $1.7M credit. | |||
| 2003-12-31 | plant_closure | in_progress | Europe, United States, Latin America, Australia | Fire and Security | USD 5 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Facility closures covering 43 facilities; employee count not separately disclosed for the closures. | ||||
| 2003-12-31 | restructuring | in_progress | 399 | United States and Europe | Electronics | USD 4 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Primarily manufacturing personnel; segment recorded net restructuring credits of $20.1M, reflecting $24.4M of prior-period estimate changes offsetting the new charges. | |||
| 2003-12-31 | restructuring | in_progress | 447 | United States | Plastics and Adhesives | USD 6 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Manufacturing, distribution, and sales and marketing personnel; segment also recorded $2.6M for facility closures. | |||
| 2003-12-31 | plant_closure | in_progress | United States | Plastics and Adhesives | USD 22 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Closure of four facilities decided during the quarter; charge shown is the long-lived asset impairment on property, plant and equipment. A separate $2.6M restructuring charge relates to the closures; employee count not disclosed. | ||||
| 2003-12-31 | restructuring | in_progress | 757 | Not specified | Fire and Security | USD 5 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Terminations during the quarter utilizing fiscal 2003 restructuring liabilities; $4.9M cash paid in total for the program. | |||
| 2003-12-31 | restructuring | in_progress | 239 | Not specified | Electronics | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Terminations during the quarter utilizing fiscal 2002 restructuring liabilities; $15.8M cash paid, primarily facility costs, distributor/supplier cancellation fees, and severance. | ||||
| 2003-12-31 | restructuring | in_progress | 1,025 | 2003-10-01 | United States, Latin America, Europe, Australia, Asia | Fire and Security | USD 11 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Elimination of positions primarily relating to manufacturing, technical, general and administrative and sales and marketing personnel. Includes $5.1M for facility closures (43 facilities). | ||
| 2003-12-31 | restructuring | in_progress | 399 | 2003-10-01 | United States, Europe | Electronics | USD 4 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Elimination of positions primarily relating to manufacturing personnel. Net credit of $20.1M due to changes in estimates for prior periods. | ||
| 2003-12-31 | restructuring | in_progress | 447 | 2003-10-01 | United States | Plastics and Adhesives | USD 6 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Elimination of positions primarily relating to manufacturing, distribution and sales and marketing personnel. Includes $2.6M for facility closures (4 facilities). | ||
| 2003-09-30 | restructuring | in_progress | 1,367 | 2002-10-01 | United States, Canada, Asia, Europe, Australia | Fire and Security — general and administrative, manufacturing, technical, sales and marketing | USD 16 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Fiscal 2003 charge of $19.4M for streamlining, of which $16.0M was severance for eliminating 1,367 positions; the filing separately notes $5.0M of severance paid in fiscal 2003 for termination of 553 employees under this program. Announcement date not specified; fiscal-year start used as placeholder. | ||
| 2003-09-30 | restructuring | completed | 113 | 2002-10-01 | 2003-09-30 | United States, Europe | Engineered Products and Services — manufacturing and sales | USD 10 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Program also included $2.0M to shut down two manufacturing facilities; all employees terminated and both facilities shut down by September 30, 2003, with accruals fully utilized. | |
| 2003-09-30 | plant_closure | completed | 2002-10-01 | 2003-09-30 | United States, Europe | Engineered Products and Services — manufacturing | USD 2 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Shutdown of two manufacturing facilities; facility-related charge disclosed separately from severance. Headcount for facility closures not separately stated. | ||
| 2003-09-30 | restructuring | in_progress | 33 | 2002-10-01 | United States | Corporate — administrative | USD 6 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | 32 of 33 employees terminated as of September 30, 2003; $4.4M severance and $3.3M facility-related accruals remained on the balance sheet. A related $3.4M charge covered shutdown of one administrative office. | ||
| 2003-09-30 | plant_closure | completed | 2002-10-01 | 2003-09-30 | United States | Corporate — administrative office | USD 3 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Shutdown of one administrative office in the United States; facility closed by September 30, 2003. | ||
| 2003-09-30 | acquisition_addition | completed | Various | Healthcare, Engineered Products and Services, Fire and Security, Electronics | USD 44 (millions) | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Seven businesses purchased during fiscal 2003 for aggregate cash of $44.0M net of cash acquired; headcount added through these acquisitions not disclosed. Charge value shown is purchase consideration, not a workforce charge. | ||||
| 2003-09-30 | divestiture_reduction | in_progress | 2003-09-30 | Global | Electronics — Tyco Global Network (Tyco Submarine Telecommunications) | other f5-10k / MiMo-V2.6-Flash-fp8-HTML | Decision to sell the TGN finalized in September 2003; network written down to net realizable value ($664.3M impairment). Headcount associated with the divestiture not disclosed. Construction and maintenance operations to be retained. | ||||
| 2003-09-30 | other | in_progress | 2003-09-01 | United States | Fire and Security — SimplexGrinnell LP | Item_1_Business f5-10k / MiMo-V2.6-Flash-fp8-HTML | Union called a strike in September 2003 at SimplexGrinnell following failed negotiations over an expired collective bargaining agreement; filing states the strike had no material effect on operations. Announcement month only. | ||||
| 2003-09-30 | restructuring | announced | 2003-11-04 | Global | Fire and Security, Plastics and Adhesives, Engineered Products and Services | subsequent_events f5-10k / MiMo-V2.6-Flash-fp8-HTML | Comprehensive cost reduction program announced November 4, 2003 (after fiscal year-end); filing states additional restructuring charges are expected in future periods. Headcount affected and charge amount not disclosed. | ||||
| 2003-09-30 | divestiture_reduction | announced | 2003-11-04 | Global | Electronics, Fire and Security, Engineered Products and Services, Healthcare (non-core businesses) | MD&A f5-10k / MiMo-V2.6-Flash-fp8-HTML | Divestiture program covering non-core businesses with combined fiscal 2003 revenues of approximately $2 billion and operating income of approximately $55 million; estimated proceeds of at least $400 million excluding the TGN. Headcount affected not disclosed. | ||||
| 2003-09-30 | restructuring | completed | 1,367 | United States, Canada, Asia, Europe, Australia | Fire and Security | USD 19 (millions) | restructuring_footnote f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML | Elimination of positions primarily relating to general and administrative, manufacturing, technical, and sales and marketing personnel. All employees terminated by September 30, 2003. | |||
| 2003-09-30 | restructuring | completed | 113 | United States, Europe | Engineered Products and Services | USD 10 (millions) | restructuring_footnote f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML | Elimination of positions primarily manufacturing and sales personnel. All employees terminated by September 30, 2003. | |||
| 2003-09-30 | restructuring | completed | 33 | United States | Corporate | USD 6 (millions) | restructuring_footnote f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML | Elimination of administrative positions primarily in the United States. 32 employees terminated by September 30, 2003. | |||
| 2003-09-30 | restructuring | completed | 1,367 | 2003-10-01 | 2003-09-30 | United States, Canada, Asia, Europe, Australia | Fire and Security | USD 16 (millions) | restructuring_footnote f5-10k / Qwen3.6-27B-Q8_0 | Elimination of 1,367 positions primarily relating to general and administrative, manufacturing, technical, and sales and marketing personnel. 553 employees terminated during fiscal 2003. | |
| 2003-09-30 | restructuring | completed | 113 | 2003-10-01 | 2003-09-30 | United States, Europe | Engineered Products and Services | USD 10 (millions) | restructuring_footnote f5-10k / Qwen3.6-27B-Q8_0 | Elimination of 113 positions primarily manufacturing and sales personnel. All employees terminated by September 30, 2003. | |
| 2003-09-30 | restructuring | completed | 33 | 2003-10-01 | 2003-09-30 | United States | Corporate | USD 6 (millions) | restructuring_footnote f5-10k / Qwen3.6-27B-Q8_0 | Elimination of 33 administrative positions. 32 employees terminated by September 30, 2003. | |
| 2003-06-30 | restructuring | in_progress | 683 | 2003-09-30 | Fire and Security Services | USD 14 (millions) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Employees severed during the nine months ended June 30, 2003 against fiscal 2002 restructuring severance accruals; program expected substantially complete within fiscal 2003 | |||
| 2003-06-30 | restructuring | in_progress | 1,929 | 2003-09-30 | Electronics | USD 66 (millions) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Employees severed during the nine months ended June 30, 2003 against fiscal 2002 restructuring severance accruals | |||
| 2003-06-30 | restructuring | in_progress | 231 | 2003-09-30 | Healthcare | USD 11 (millions) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Employees severed during the nine months ended June 30, 2003 against fiscal 2002 restructuring severance accruals | |||
| 2003-06-30 | restructuring | in_progress | 187 | 2003-09-30 | Engineered Products and Services | USD 7 (millions) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Employees severed during the nine months ended June 30, 2003 against fiscal 2002 restructuring severance accruals | |||
| 2003-06-30 | restructuring | in_progress | 222 | 2003-09-30 | Plastics and Adhesives | USD 3 (millions) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Employees severed during the nine months ended June 30, 2003 against fiscal 2002 restructuring severance accruals | |||
| 2003-06-30 | restructuring | in_progress | 211 | Fire and Security Services | USD 1 (millions) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Employees severed during the nine months ended June 30, 2003 against fiscal 2001 restructuring severance accruals; remaining liabilities relate to long-term contractual obligations | ||||
| 2003-06-30 | restructuring | in_progress | 64 | Electronics | USD 6 (millions) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Employees severed during the nine months ended June 30, 2003 against fiscal 2001 restructuring severance accruals | ||||
| 2003-06-30 | restructuring | in_progress | 2 | Engineered Products and Services | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Employees severed during the nine months ended June 30, 2003 against fiscal 2001 restructuring severance accruals; no severance accrual utilization disclosed for this segment | |||||
| 2003-06-30 | restructuring | in_progress | 421 | Integration of fiscal 2002 acquisitions | USD 20 (millions) | business_combinations_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Severance paid during the nine months ended June 30, 2003 under purchase accounting reserves for fiscal 2002 acquisitions, including Paragon and Eberle | ||||
| 2003-06-30 | restructuring | in_progress | 1,082 | Integration of fiscal 2001 acquisitions | USD 49 (millions) | business_combinations_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Severance paid during the nine months ended June 30, 2003 under purchase accounting reserves for fiscal 2001 acquisitions | ||||
| 2003-06-30 | restructuring | in_progress | 643 | 2002-09-30 | 2003-09-30 | Fire and Security Services | USD 14 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Remaining balance at June 30, 2003. 683 employees separated during nine months; 20 positions reversed from plan. Announcement date approximated to fiscal 2002 year end. | ||
| 2003-06-30 | restructuring | in_progress | 1,380 | 2002-09-30 | 2003-09-30 | Electronics | USD 349 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Remaining balance at June 30, 2003. 1,929 employees separated during nine months; 995 positions reversed from plan. Announcement date approximated to fiscal 2002 year end. | ||
| 2003-06-30 | restructuring | in_progress | 1 | 2002-09-30 | 2003-09-30 | Healthcare | USD 3 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Remaining balance at June 30, 2003. 231 employees separated during nine months; 42 positions reversed from plan. | ||
| 2003-06-30 | restructuring | in_progress | 245 | 2002-09-30 | 2003-09-30 | Engineered Products and Services | USD 2 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Remaining balance at June 30, 2003. 187 employees separated during nine months; 73 positions reversed from plan. | ||
| 2003-06-30 | restructuring | in_progress | 19 | 2002-09-30 | 2003-09-30 | Plastics and Adhesives | USD 3 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Remaining balance at June 30, 2003. 222 employees separated during nine months; 33 positions reversed from plan. | ||
| 2003-06-30 | restructuring | in_progress | 2002-09-30 | 2003-09-30 | Corporate | USD 6 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Remaining balance at June 30, 2003. Employee count not disclosed; relates to severance for corporate headquarters terminations. | |||
| 2003-06-30 | restructuring | completed | 211 | 2001-09-30 | Fire and Security Services | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | All 211 planned employee separations completed during nine months ended June 30, 2003. Remaining $20.9M accrual is primarily facility-related for already-terminated employees. | ||||
| 2003-06-30 | restructuring | in_progress | 40 | 2001-09-30 | Electronics | USD 12 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Remaining balance at June 30, 2003. 64 employees separated during nine months. | |||
| 2003-06-30 | restructuring | completed | 2 | 2001-09-30 | Engineered Products and Services | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | 2 employees separated during nine months; 11 positions reversed from plan. No remaining planned employee separations. | ||||
| 2003-06-30 | restructuring | in_progress | 951 | 2002-09-30 | 2004-09-30 | USD 74 (millions) | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Remaining balance at June 30, 2003 for integration of fiscal 2002 acquisitions. 421 employees severed during nine months; 639 positions reduced from plan; 558 added. Expected completion within two years of acquisition dates. | |||
| 2003-06-30 | restructuring | in_progress | 203 | 2001-09-30 | 2003-09-30 | USD 150 (millions) | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Remaining balance at June 30, 2003 for integration of fiscal 2001 acquisitions. 1,082 employees severed during nine months; 911 positions reduced from plan. | |||
| 2003-06-30 | restructuring | in_progress | 643 | Fire and Security Services | USD 5 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Remaining balance of employees to be terminated/severed as of June 30, 2003, from prior period restructuring charges. | ||||
| 2003-06-30 | restructuring | in_progress | 1,380 | Electronics | USD 43 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Remaining balance of employees to be terminated/severed as of June 30, 2003, from prior period restructuring charges. | ||||
| 2003-06-30 | restructuring | in_progress | 1 | Healthcare | USD 1 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Remaining balance of employees to be terminated/severed as of June 30, 2003, from prior period restructuring charges. | ||||
| 2003-06-30 | restructuring | in_progress | 245 | Engineered Products and Services | USD 1 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Remaining balance of employees to be terminated/severed as of June 30, 2003, from prior period restructuring charges. | ||||
| 2003-06-30 | restructuring | in_progress | 19 | Plastics and Adhesives | USD 1 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Remaining balance of employees to be terminated/severed as of June 30, 2003, from prior period restructuring charges. | ||||
| 2003-06-30 | restructuring | in_progress | 40 | Electronics | USD 2 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Remaining balance of employees to be terminated/severed as of June 30, 2003, from fiscal 2001 restructuring charges. | ||||
| 2003-06-30 | restructuring | in_progress | Corporate | USD 6 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Liabilities remaining related to 2002 corporate restructuring, primarily severance associated with termination of employees at corporate headquarters. | |||||
| 2003-03-31 | restructuring | in_progress | 539 | Fire and Security Services | USD 10 (millions) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Employees severed under fiscal 2002 restructuring program during the six months ended March 31, 2003; 807 employees remained to be terminated at March 31, 2003 | ||||
| 2003-03-31 | restructuring | in_progress | 1,607 | Electronics | USD 53 (millions) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Employees severed under fiscal 2002 restructuring program during the six months ended March 31, 2003; 1,882 employees remained to be terminated at March 31, 2003 | ||||
| 2003-03-31 | restructuring | in_progress | 225 | Healthcare | USD 11 (millions) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Employees severed under fiscal 2002 restructuring program during the six months ended March 31, 2003; 8 employees remained to be terminated at March 31, 2003 | ||||
| 2003-03-31 | restructuring | in_progress | 166 | Engineered Products and Services | USD 7 (millions) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Employees severed under fiscal 2002 restructuring program during the six months ended March 31, 2003; 277 employees remained to be terminated at March 31, 2003 | ||||
| 2003-03-31 | restructuring | in_progress | 222 | Plastics and Adhesives | USD 2 (millions) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Employees severed under fiscal 2002 restructuring program during the six months ended March 31, 2003; 19 employees remained to be terminated at March 31, 2003 | ||||
| 2003-03-31 | restructuring | in_progress | 202 | Fire and Security Services | USD 0 (millions) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Employees severed under fiscal 2001 restructuring program during the six months ended March 31, 2003; 9 employees remained to be terminated at March 31, 2003 | ||||
| 2003-03-31 | restructuring | in_progress | 57 | Electronics | USD 5 (millions) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Employees severed under fiscal 2001 restructuring program during the six months ended March 31, 2003; 48 employees remained to be terminated at March 31, 2003 | ||||
| 2003-03-31 | restructuring | in_progress | 2 | Engineered Products and Services | USD 0 (millions) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Employees severed under fiscal 2001 restructuring program during the six months ended March 31, 2003; no employees remained to be terminated at March 31, 2003 | ||||
| 2003-03-31 | restructuring | in_progress | 325 | Integration of fiscal 2002 acquisitions | USD 16 (millions) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Employees severed during the six months ended March 31, 2003 under purchase accounting severance accruals for fiscal 2002 acquisitions; 1,180 employees remained to be terminated at March 31, 2003 | ||||
| 2003-03-31 | restructuring | in_progress | 741 | Integration of fiscal 2001 acquisitions | USD 38 (millions) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Employees severed during the six months ended March 31, 2003 under purchase accounting severance accruals for fiscal 2001 acquisitions; 937 employees remained to be terminated at March 31, 2003 | ||||
| 2003-03-31 | restructuring | in_progress | 549 | Integration of fiscal 2002 acquisitions (Paragon, Eberle) | USD 15 (millions) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Additional employees terminated as integration plans for fiscal 2002 acquisitions were formulated; also 17 additional facilities closed with $3.3 million facilities-related accrual | ||||
| 2003-03-31 | restructuring | in_progress | 539 | 2003-09-30 | Fire and Security Services | USD 10 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Severance utilization during six months ended March 31, 2003 under fiscal 2002 restructuring program | |||
| 2003-03-31 | restructuring | in_progress | 1,607 | 2003-09-30 | Electronics | USD 53 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Severance utilization during six months ended March 31, 2003 under fiscal 2002 restructuring program | |||
| 2003-03-31 | restructuring | in_progress | 225 | 2003-09-30 | Healthcare | USD 11 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Severance utilization during six months ended March 31, 2003 under fiscal 2002 restructuring program | |||
| 2003-03-31 | restructuring | in_progress | 166 | 2003-09-30 | Engineered Products and Services | USD 7 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Severance utilization during six months ended March 31, 2003 under fiscal 2002 restructuring program | |||
| 2003-03-31 | restructuring | in_progress | 222 | 2003-09-30 | Plastics and Adhesives | USD 2 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Severance utilization during six months ended March 31, 2003 under fiscal 2002 restructuring program | |||
| 2003-03-31 | restructuring | in_progress | 202 | Fire and Security Services | USD 0 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Severance utilization during six months ended March 31, 2003 under fiscal 2001 restructuring program | ||||
| 2003-03-31 | restructuring | in_progress | 57 | Electronics | USD 5 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Severance utilization during six months ended March 31, 2003 under fiscal 2001 restructuring program | ||||
| 2003-03-31 | restructuring | in_progress | 2 | Engineered Products and Services | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Severance utilization during six months ended March 31, 2003 under fiscal 2001 restructuring program; severance amount not disclosed | |||||
| 2003-03-31 | restructuring | in_progress | 325 | USD 16 (millions) | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Severance utilization during six months ended March 31, 2003 for fiscal 2002 acquisition integration | |||||
| 2003-03-31 | restructuring | in_progress | 741 | USD 38 (millions) | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Severance utilization during six months ended March 31, 2003 for fiscal 2001 acquisition integration | |||||
| 2003-03-31 | restructuring | in_progress | 325 | Electronics | USD 26 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Utilization of fiscal 2002 acquisition reserves; 325 employees severed. | ||||
| 2003-03-31 | restructuring | in_progress | 741 | Electronics | USD 81 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Utilization of fiscal 2001 acquisition reserves; 741 employees severed. | ||||
| 2003-03-31 | restructuring | in_progress | 539 | Fire and Security Services | USD 19 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Utilization of fiscal 2002 restructuring reserves; 539 employees severed. | ||||
| 2003-03-31 | restructuring | in_progress | 202 | Fire and Security Services | USD 5 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Utilization of fiscal 2001 restructuring reserves; 202 employees severed. | ||||
| 2003-03-31 | restructuring | in_progress | 225 | Healthcare | USD 16 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Utilization of fiscal 2002 restructuring reserves; 225 employees severed. | ||||
| 2003-03-31 | restructuring | in_progress | 166 | Engineered Products and Services | USD 9 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Utilization of fiscal 2002 restructuring reserves; 166 employees severed. | ||||
| 2003-03-31 | restructuring | in_progress | 222 | Plastics and Adhesives | USD 3 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Utilization of fiscal 2002 restructuring reserves; 222 employees severed. | ||||
| 2003-03-31 | restructuring | in_progress | 57 | Electronics | USD 14 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Utilization of fiscal 2001 restructuring reserves; 57 employees severed. | ||||
| 2003-03-31 | restructuring | in_progress | 2 | Engineered Products and Services | USD 3 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Utilization of fiscal 2001 restructuring reserves; 2 employees severed. | ||||
| 2002-12-31 | restructuring | in_progress | 310 | 2003-09-30 | Fire and Security Services | USD 6 (millions) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | First quarter fiscal 2003 utilization of severance accrual from fiscal 2002 restructuring charges; remaining balance at December 31, 2002 of $13.4 million covering 1,036 employees | |||
| 2002-12-31 | restructuring | in_progress | 1,081 | 2003-09-30 | Electronics | USD 26 (millions) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | First quarter fiscal 2003 utilization; remaining severance balance $89.6 million covering 3,223 employees at December 31, 2002 | |||
| 2002-12-31 | restructuring | in_progress | 65 | 2003-09-30 | Healthcare | USD 2 (millions) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | First quarter fiscal 2003 utilization; segment also recorded reversals of $0.7 million covering 20 employees due to revised estimates | |||
| 2002-12-31 | restructuring | in_progress | 156 | 2003-09-30 | Engineered Products and Services | USD 2 (millions) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | First quarter fiscal 2003 utilization of severance accrual from fiscal 2002 restructuring charges | |||
| 2002-12-31 | restructuring | in_progress | 212 | 2003-09-30 | Plastics and Adhesives | USD 1 (millions) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | First quarter fiscal 2003 utilization of severance accrual from fiscal 2002 restructuring charges | |||
| 2002-12-31 | restructuring | in_progress | 13 | 2003-09-30 | Fire and Security Services | USD 0 (millions) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | First quarter fiscal 2003 utilization of severance accrual from fiscal 2001 restructuring charges | |||
| 2002-12-31 | restructuring | in_progress | 19 | 2003-09-30 | Electronics | USD 4 (millions) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | First quarter fiscal 2003 utilization; segment also recorded reversals of $1.0 million covering 188 employees due to revised estimates | |||
| 2002-12-31 | restructuring | in_progress | 2003-09-30 | Healthcare | USD 0 (millions) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | First quarter fiscal 2003 utilization of fiscal 2001 severance accrual; no employee count disclosed | ||||
| 2002-12-31 | restructuring | in_progress | 2 | 2003-09-30 | Engineered Products and Services | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | First quarter fiscal 2003 utilization of fiscal 2001 severance accrual; no severance amount disclosed for this line | ||||
| 2002-12-31 | restructuring | in_progress | 438 | Integration of fiscal 2002 acquisitions (Paragon, Eberle and others) | USD 14 (millions) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Additions to purchase accounting reserves during the quarter as integration plans were finalized; also includes closure of 14 additional facilities and $2.3 million facilities-related accrual | ||||
| 2002-12-31 | restructuring | in_progress | 276 | Integration of fiscal 2002 acquisitions | USD 9 (millions) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | First quarter fiscal 2003 utilization of purchase accounting severance reserves; also utilization of 12 facilities | ||||
| 2002-12-31 | restructuring | in_progress | 644 | Integration of fiscal 2001 acquisitions | USD 30 (millions) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | First quarter fiscal 2003 utilization of purchase accounting severance reserves; also utilization of 27 facilities | ||||
| 2002-12-31 | restructuring | completed | 376 | Integration of fiscal 2001 acquisitions | USD 25 (millions) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Reduction of purchase accounting severance reserve estimates because 376 fewer employees were severed than originally anticipated due to revised integration plans; goodwill and deferred tax assets reduced by an equivalent amount | ||||
| 2002-12-31 | restructuring | in_progress | 310 | 2003-09-30 | Fire and Security Services | USD 6 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Severance accrual utilization during Q1 FY2003 under fiscal 2002 restructuring program; program announced during fiscal 2002; expected substantially complete within fiscal 2003 | |||
| 2002-12-31 | restructuring | in_progress | 1,081 | 2003-09-30 | Electronics | USD 26 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Severance accrual utilization during Q1 FY2003 under fiscal 2002 restructuring program; program announced during fiscal 2002 | |||
| 2002-12-31 | restructuring | in_progress | 65 | 2003-09-30 | Healthcare | USD 2 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Severance accrual utilization during Q1 FY2003 under fiscal 2002 restructuring program; an additional 20 employees were removed from the plan via reversals | |||
| 2002-12-31 | restructuring | in_progress | 156 | 2003-09-30 | Engineered Products and Services | USD 2 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Severance accrual utilization during Q1 FY2003 under fiscal 2002 restructuring program | |||
| 2002-12-31 | restructuring | in_progress | 212 | 2003-09-30 | Plastics and Adhesives | USD 1 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Severance accrual utilization during Q1 FY2003 under fiscal 2002 restructuring program | |||
| 2002-12-31 | restructuring | in_progress | 13 | 2003-09-30 | Fire and Security Services | USD 0 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Severance accrual utilization during Q1 FY2003 under fiscal 2001 restructuring program; program announced during fiscal 2001 | |||
| 2002-12-31 | restructuring | in_progress | 19 | 2003-09-30 | Electronics | USD 4 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Severance accrual utilization during Q1 FY2003 under fiscal 2001 restructuring program; an additional 188 employees were removed from the plan via reversals | |||
| 2002-12-31 | restructuring | in_progress | 2 | 2003-09-30 | Engineered Products and Services | USD 0 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Severance accrual utilization during Q1 FY2003 under fiscal 2001 restructuring program; severance amount reported as negligible | |||
| 2002-12-31 | restructuring | announced | 438 | 2004-09-30 | Multiple segments (fiscal 2002 acquisitions) | USD 14 (millions) | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | New additions to fiscal 2002 acquisition severance reserves recorded during Q1 FY2003 as integration plans for Paragon and Eberle were finalized; also includes 14 facility closures | |||
| 2002-12-31 | restructuring | in_progress | 276 | 2004-09-30 | Multiple segments (fiscal 2002 acquisitions) | USD 9 (millions) | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Severance accrual utilization during Q1 FY2003 under purchase accounting liabilities for fiscal 2002 acquisitions; an additional 395 employees were removed from plan via estimate reductions | |||
| 2002-12-31 | restructuring | in_progress | 644 | 2003-09-30 | Multiple segments (fiscal 2001 acquisitions) | USD 30 (millions) | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Severance accrual utilization during Q1 FY2003 under purchase accounting liabilities for fiscal 2001 acquisitions; an additional 376 employees were removed from plan via estimate reductions | |||
| 2002-12-31 | restructuring | in_progress | Corporate | USD 3 (millions) | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | Severance associated with corporate employees during Q1 FY2003 as part of downsizing of corporate headquarters; employee count not disclosed; $17.2M remaining balance at quarter end per Note 4 | |||||
| 2002-12-31 | restructuring | in_progress | 310 | Fire and Security Services | USD 12 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Utilization of prior year reserves; includes severance and facilities-related costs. | ||||
| 2002-12-31 | restructuring | in_progress | 1,081 | Electronics | USD 94 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Utilization of prior year reserves; includes severance, facilities, and supplier contract fees. | ||||
| 2002-12-31 | restructuring | in_progress | 85 | Healthcare | USD 4 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Utilization and reversals of prior year reserves; includes severance and facilities costs. | ||||
| 2002-12-31 | restructuring | in_progress | 156 | Engineered Products and Services | USD 3 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Utilization of prior year reserves; includes severance and facilities costs. | ||||
| 2002-12-31 | restructuring | in_progress | 212 | Plastics and Adhesives | USD 1 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Utilization of prior year reserves; includes severance and facilities costs. | ||||
| 2002-12-31 | restructuring | in_progress | 13 | Fire and Security Services | USD 3 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Utilization of fiscal 2001 reserves; includes severance and facilities costs. | ||||
| 2002-12-31 | restructuring | in_progress | 207 | Electronics | USD 8 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Utilization and reversals of fiscal 2001 reserves; includes severance and facilities costs. | ||||
| 2002-12-31 | restructuring | in_progress | 2 | Engineered Products and Services | USD 2 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Utilization of fiscal 2001 reserves; primarily other costs. | ||||
| 2002-12-31 | acquisition_addition | completed | Fire and Security Services | USD 237 (millions) | business_combinations_footnote f5-10q / Qwen3.6-27B-Q8_0 | Acquisition of approximately 215,000 customer contracts through dealer program; employee count not disclosed. | |||||
| 2002-12-31 | acquisition_addition | completed | Engineered Products and Services | USD 3 (millions) | business_combinations_footnote f5-10q / Qwen3.6-27B-Q8_0 | Acquisition of a business; employee count not disclosed. | |||||
| 2002-12-31 | restructuring | in_progress | 438 | Corporate / Multiple Segments | USD 17 (millions) | business_combinations_footnote f5-10q / Qwen3.6-27B-Q8_0 | Additions to purchase accounting liabilities for fiscal 2002 acquisitions (Paragon, Eberle); includes severance and facility closures. | ||||
| 2002-09-30 | restructuring | in_progress | 3,100 | United States, Latin America, Europe, Australia | Fire and Security Services | USD 44 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Fiscal 2002 program: 3,100 positions eliminated and 109 facilities designated for closure; 1,754 employees terminated and 6 facilities shut down by September 30, 2002. Total fiscal 2002 charges of $113.5M (severance $43.5M, facilities $15.7M, inventory $19.4M, other $34.9M), less $4.1M reversals and $46.0M utilization; $63.4M balance remaining. | |||
| 2002-09-30 | restructuring | in_progress | 8,996 | All regions | Electronics | USD 198 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Fiscal 2002 program: 8,996 positions eliminated (primarily manufacturing) and 31 facilities designated for closure; 4,336 employees terminated and 13 facilities shut down by September 30, 2002. Total fiscal 2002 charges of $1,585.8M (severance $198.1M, facilities $250.2M, inventory $943.6M including $608.2M write-downs and $335.4M supplier contract termination fees, other $193.9M including a $115.0M bad debt provision), less $10.6M reversals and $393.4M utilization; $1,181.8M balance remaining. Driven by the telecommunications and electronics end-market downturn. | |||
| 2002-09-30 | restructuring | in_progress | 697 | Primarily United States | Healthcare and Specialty Products | USD 28 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Fiscal 2002 program: 697 positions eliminated (manufacturing and sales) and 9 facilities designated for closure; 143 employees terminated and 1 facility shut down by September 30, 2002. Total fiscal 2002 charges of $58.8M (severance $28.2M, facilities $17.1M, inventory $1.6M, other $11.9M for legal and deal costs on terminated acquisitions), less $3.2M reversals and $22.9M utilization; $32.7M balance remaining. | |||
| 2002-09-30 | restructuring | in_progress | 1,217 | Primarily United States and Europe | Engineered Products and Services | USD 36 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Fiscal 2002 program: 1,217 positions eliminated (manufacturing and sales) and 48 facilities designated for closure; 712 employees terminated and 27 facilities shut down by September 30, 2002. Total fiscal 2002 charges of $50.8M (severance $35.7M, facilities $4.1M, inventory $6.2M, other $4.8M), less $39.4M utilization; $11.4M balance remaining. | |||
| 2002-09-30 | restructuring | in_progress | United States | Corporate | USD 79 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Fiscal 2002 corporate-level net charges of $194.2M, comprising $78.6M severance and $39.6M for contract terminations, legal fees and other items tied to downsizing of corporate headquarters, plus $76.0M write-off of investment banking fees and deal costs from the terminated break-up plan and abandoned acquisitions. Employee count not disclosed; $49.0M remained accrued at September 30, 2002. | ||||
| 2002-09-30 | restructuring | in_progress | 4,286 | United States, Canada, Europe, Asia-Pacific, Latin America | Fiscal 2002 acquisitions (principally Sensormatic, CII and Paragon) | USD 97 (millions) | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Purchase accounting liabilities established for fiscal 2002 acquisitions: 4,286 employees designated for severance ($96.7M) and 183 facilities for closure ($60.5M), plus $6.4M distributor/supplier cancellation fees and $31.0M transaction costs, totalling $194.6M. During fiscal 2002, 2,833 employees were terminated and 101 facilities closed or consolidated; $101.4M balance remained at year-end. Integration plans not yet finalized for approximately 25 acquisitions, with an estimated additional $65.0M of purchase accounting liabilities expected. | |||
| 2002-09-30 | restructuring | in_progress | 8,570 | United States, Europe, Asia-Pacific, Canada, Latin America | Fiscal 2001 acquisitions (principally LPS, Microser, DAAG, Edison, SecurityLink) | USD 179 (millions) | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Additions to purchase accounting liabilities recorded during fiscal 2002 for fiscal 2001 acquisitions as integration plans were finalized: 8,570 additional employees designated for severance ($179.4M) and 493 additional facilities for closure ($85.3M), plus $25.9M distributor/supplier fees and $48.8M other, totalling $339.4M with a corresponding increase to goodwill. During fiscal 2002, 7,060 employees were terminated and 328 facilities closed or consolidated against these liabilities; $345.5M utilized in fiscal 2002. | |||
| 2002-09-30 | restructuring | in_progress | 14,100 | 2002-10-01 | Global | All Segments | USD 1,954 (millions) | restructuring_footnote f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML | Fiscal 2002 net restructuring and other unusual charges of $1,954.3 million. Includes termination of approximately 14,100 employees (3,100 Fire & Security, 8,996 Electronics, 697 Healthcare, 1,217 Engineered Products, plus corporate headcount reductions implied by charges). | ||
| 2002-09-30 | restructuring | in_progress | 3,100 | 2002-10-01 | Global | Fire and Security Services | USD 114 (millions) | restructuring_footnote f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML | Charges of $113.5 million primarily related to severance and facility closures associated with streamlining the business. | ||
| 2002-09-30 | restructuring | in_progress | 8,996 | 2002-10-01 | Global | Electronics | USD 1,586 (millions) | restructuring_footnote f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML | Charges totaling $1,585.8 million primarily related to facility closures, inventory reserves and purchase commitment cancellations due to significant downturn in telecommunications business. | ||
| 2002-09-30 | restructuring | in_progress | 697 | 2002-10-01 | Global | Healthcare and Specialty Products | USD 59 (millions) | restructuring_footnote f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML | Charges of $58.8 million primarily related to severance associated with consolidation of operations and facility-related costs due to exiting certain business lines. | ||
| 2002-09-30 | restructuring | in_progress | 1,217 | 2002-10-01 | Global | Engineered Products and Services | USD 51 (millions) | restructuring_footnote f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML | Charges of $50.8 million primarily related to severance and facility-related costs associated with streamlining the business. | ||
| 2002-09-30 | restructuring | in_progress | 2002-10-01 | Global | Corporate | USD 194 (millions) | restructuring_footnote f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML | Net charges of $194.2 million consisting of $78.6 million for severance and $39.6 million for contract terminations, legal fees and other items associated with downsizing corporate headquarters. | |||
| 2002-09-30 | acquisition_addition | completed | 2002-10-01 | Global | All Segments | business_combinations_footnote f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML | Fiscal 2002 acquisitions included Sensormatic, Paragon, CII, and others. Specific headcount additions not disclosed. | ||||
| 2002-09-30 | restructuring | in_progress | 3,100 | 2002-09-30 | United States, Latin America, Europe, Australia | Fire and Security Services | USD 44 (millions) | restructuring_footnote f5-10k / Qwen3.6-27B-Q8_0 | Workforce reductions associated with streamlining the business. 1,754 employees terminated as of Sept 30, 2002. | ||
| 2002-09-30 | restructuring | in_progress | 8,996 | 2002-09-30 | All regions | Electronics | USD 198 (millions) | restructuring_footnote f5-10k / Qwen3.6-27B-Q8_0 | Workforce reductions primarily in manufacturing due to downturn in telecommunications. 4,336 employees terminated as of Sept 30, 2002. | ||
| 2002-09-30 | restructuring | in_progress | 697 | 2002-09-30 | United States | Healthcare and Specialty Products | USD 28 (millions) | restructuring_footnote f5-10k / Qwen3.6-27B-Q8_0 | Workforce reductions in manufacturing and sales. 143 employees terminated as of Sept 30, 2002. | ||
| 2002-09-30 | restructuring | in_progress | 1,217 | 2002-09-30 | United States, Europe | Engineered Products and Services | USD 36 (millions) | restructuring_footnote f5-10k / Qwen3.6-27B-Q8_0 | Workforce reductions in manufacturing and sales. 712 employees terminated as of Sept 30, 2002. | ||
| 2002-09-30 | restructuring | in_progress | 2002-09-30 | United States | Corporate | USD 79 (millions) | restructuring_footnote f5-10k / Qwen3.6-27B-Q8_0 | Severance associated with downsizing of corporate headquarters. Employee count not explicitly disclosed for this specific component. | |||
| 2002-09-30 | acquisition_addition | completed | 2002-09-30 | Global | Various | business_combinations_footnote f5-10k / Qwen3.6-27B-Q8_0 | Company purchased businesses for aggregate cost of $5,151.5 million. Specific headcount added not disclosed. | ||||
| 2002-09-30 | restructuring | in_progress | 3,100 | Primarily United States, Latin America, Europe, Australia | Fire and Security Services | USD 44 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | FY2002 charges; 1,754 employees terminated and 6 of 109 facilities shut down by year-end. Net segment charge was $94.9M including $15.7M facilities-related and $19.4M inventory charges. | |||
| 2002-09-30 | restructuring | in_progress | 8,996 | All regions | Electronics | USD 198 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | FY2002 charges; 4,336 employees terminated and 13 of 31 facilities shut down by year-end. Net segment charge was $1,504.5M including $250.2M facilities-related, $943.6M inventory-related and $115.0M bad debt provision. | |||
| 2002-09-30 | restructuring | in_progress | 380 | Primarily United States | Healthcare | USD 24 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | FY2002 charges; 100 employees terminated and 4 facilities shut down by year-end. Net segment charge was $44.8M including $14.1M facilities-related and $10.1M other (legal/deal costs). | |||
| 2002-09-30 | restructuring | in_progress | 1,217 | Primarily United States and Europe | Engineered Products and Services | USD 36 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | FY2002 charges; 712 employees terminated and 27 of 48 facilities shut down by year-end. Segment charge was $50.8M including $4.1M facilities-related and $6.2M inventory charges. | |||
| 2002-09-30 | restructuring | in_progress | 317 | Primarily United States | Plastics and Adhesives | USD 4 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | FY2002 charges; 43 employees terminated and 1 of 5 facilities shut down by year-end. Segment charge was $10.1M including $3.0M facilities-related and $1.1M inventory charges. | |||
| 2002-09-30 | restructuring | in_progress | United States | Corporate | USD 79 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | FY2002 corporate net charges of $169.6M comprised $78.6M severance for corporate headquarters downsizing, $15.0M contract terminations/legal fees, and $76.0M write-off of investment banking and deal costs. Headcount not disclosed. | ||||
| 2002-09-30 | restructuring | in_progress | 4,286 | United States, Latin America, Canada, Europe, Asia-Pacific | Acquisition integration (primarily Sensormatic, CII, Paragon) | USD 97 (millions) | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | FY2002 purchase accounting liabilities for planned terminations of 4,286 employees and closure of 183 facilities; 2,833 employees terminated and 101 facilities closed by year-end. Total original liabilities established $194.6M. | |||
| 2002-09-30 | restructuring | in_progress | 8,570 | United States, Europe, Asia-Pacific, Canada, Latin America | Acquisition integration (FY2001 acquisitions: LPS, Microser, DAAG, Edison, SecurityLink and others) | USD 179 (millions) | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Additions recorded during FY2002 to purchase accounting liabilities for FY2001 acquisitions, covering 8,570 additional employees and 493 additional facilities. Cumulatively 14,907 employees terminated and 500 facilities closed under the FY2001 program by 2002-09-30. | |||
| 2002-06-30 | restructuring | in_progress | 8,807 | 2003-06-30 | Primarily Electronics segment; closure of manufacturing plants, administrative offices, warehouses and sales offices | USD 877 (millions) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Fiscal 2002 charges for nine months ended June 30, 2002; includes severance reserve of $204.5 million, facilities-related reserve of $289.1 million for 92 facilities, inventory-related reserve of $259.6 million and other charges of $124.0 million. Company anticipates restructuring activities substantially completed within one year. | |||
| 2002-06-30 | reduction_in_force | in_progress | 4,765 | Fiscal 2002 acquisitions integration | USD 92 (millions) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Severance reserve established in connection with fiscal 2002 purchase acquisitions; part of $182.2 million total fiscal 2002 acquisition reserves. | ||||
| 2002-06-30 | reduction_in_force | in_progress | 8,880 | Fiscal 2001 acquisitions (LPS, Microser, DAAG, Edison, SecurityLink) integration plan finalization | USD 183 (millions) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Additions to fiscal 2001 acquisition reserves during nine months ended June 30, 2002; part of $338.6 million additional purchase accounting liabilities with corresponding increase to goodwill and deferred tax assets. | ||||
| 2002-06-30 | reduction_in_force | in_progress | 3,040 | United States | Fiscal 2002 acquisitions | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | US portion of employee terminations related to fiscal 2002 purchase acquisitions. | ||||
| 2002-06-30 | reduction_in_force | in_progress | 691 | Europe | Fiscal 2002 acquisitions | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Europe portion of employee terminations related to fiscal 2002 purchase acquisitions. | ||||
| 2002-06-30 | reduction_in_force | in_progress | 527 | Canada | Fiscal 2002 acquisitions | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Canada portion of employee terminations related to fiscal 2002 purchase acquisitions. | ||||
| 2002-06-30 | reduction_in_force | in_progress | 338 | Latin America | Fiscal 2002 acquisitions | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Latin America portion of employee terminations related to fiscal 2002 purchase acquisitions. | ||||
| 2002-06-30 | reduction_in_force | in_progress | 169 | Asia-Pacific | Fiscal 2002 acquisitions | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Asia-Pacific portion of employee terminations related to fiscal 2002 purchase acquisitions. | ||||
| 2002-06-30 | reduction_in_force | in_progress | 5,299 | United States | Fiscal 2001 acquisitions integration | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | US portion of additional position eliminations from finalizing integration plans of fiscal 2001 acquisitions. | ||||
| 2002-06-30 | reduction_in_force | in_progress | 2,646 | Europe | Fiscal 2001 acquisitions integration | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Europe portion of additional position eliminations from finalizing integration plans of fiscal 2001 acquisitions. | ||||
| 2002-06-30 | reduction_in_force | in_progress | 656 | Asia-Pacific | Fiscal 2001 acquisitions integration | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Asia-Pacific portion of additional position eliminations from finalizing integration plans of fiscal 2001 acquisitions. | ||||
| 2002-06-30 | reduction_in_force | in_progress | 201 | Latin America | Fiscal 2001 acquisitions integration | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Latin America portion of additional position eliminations from finalizing integration plans of fiscal 2001 acquisitions. | ||||
| 2002-06-30 | reduction_in_force | in_progress | 78 | Canada | Fiscal 2001 acquisitions integration | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Canada portion of additional position eliminations from finalizing integration plans of fiscal 2001 acquisitions. | ||||
| 2002-06-30 | plant_closure | in_progress | Fiscal 2002 acquisitions | USD 54 (millions) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | 142 facilities designated for closure or consolidation in connection with fiscal 2002 purchase acquisitions: 69 US, 44 Europe, 19 Asia-Pacific, 7 Canada, 3 Latin America. At June 30, 2002, 49 facilities had been closed or consolidated. | |||||
| 2002-06-30 | plant_closure | in_progress | Fiscal 2001 acquisitions integration | USD 79 (millions) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | 510 additional facilities designated for closure from finalizing integration plans of fiscal 2001 acquisitions: 255 US, 184 Europe, 58 Asia-Pacific, 9 Canada, 4 Latin America. | |||||
| 2002-06-30 | restructuring | in_progress | 2,627 | Fiscal 2002 acquisitions | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Employees actually terminated as of June 30, 2002 related to fiscal 2002 acquisitions; 49 facilities closed or consolidated. | |||||
| 2002-06-30 | divestiture_reduction | completed | 2002-04-25 | 2002-07-08 | Tyco Capital (CIT Group Inc.) — financial services business | USD 6,294 (millions) | other f5-10q / GLM-5.3-flash-fp4-HTML | CIT sold via IPO completed July 8, 2002; results presented as discontinued operations. Headcount of divested business not disclosed. Loss from discontinued operations for nine months ended June 30, 2002 was $6,293.6 million net of tax, including $6,638.1 million goodwill impairment. | |||
| 2002-06-30 | restructuring | in_progress | 8,807 | 2001-10-01 | 2003-06-30 | Electronics | USD 877 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Charges recorded during nine months ended June 30, 2002 for closure of manufacturing plants, administrative offices, warehouses and sales offices, primarily within Electronics. Includes $244.5M inventory write-downs and $15.1M unusual charges in cost of sales. Company expects substantially complete within one year. Reserve balance of 5,433 employees remained at June 30, 2002. | ||
| 2002-06-30 | restructuring | in_progress | 3,040 | 2001-10-01 | 2004-02-28 | United States | Multiple segments (acquisition integration) | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Fiscal 2002 acquisition integration. Total severance reserve for all geographies was $91.7M; not broken out by geography. 69 facilities designated for closure in US. At June 30, 2002, 2,627 employees terminated and 49 facilities closed/consolidated across all fiscal 2002 acquisitions. | ||
| 2002-06-30 | restructuring | in_progress | 691 | 2001-10-01 | 2004-02-28 | Europe | Multiple segments (acquisition integration) | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Fiscal 2002 acquisition integration. Total severance reserve for all geographies was $91.7M; not broken out by geography. 44 facilities designated for closure in Europe. | ||
| 2002-06-30 | restructuring | in_progress | 527 | 2001-10-01 | 2004-02-28 | Canada | Multiple segments (acquisition integration) | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Fiscal 2002 acquisition integration. Total severance reserve for all geographies was $91.7M; not broken out by geography. 7 facilities designated for closure in Canada. | ||
| 2002-06-30 | restructuring | in_progress | 338 | 2001-10-01 | 2004-02-28 | Latin America | Multiple segments (acquisition integration) | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Fiscal 2002 acquisition integration. Total severance reserve for all geographies was $91.7M; not broken out by geography. 3 facilities designated for closure in Latin America. | ||
| 2002-06-30 | restructuring | in_progress | 169 | 2001-10-01 | 2004-02-28 | Asia-Pacific | Multiple segments (acquisition integration) | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Fiscal 2002 acquisition integration. Total severance reserve for all geographies was $91.7M; not broken out by geography. 19 facilities designated for closure in Asia-Pacific region. | ||
| 2002-06-30 | restructuring | in_progress | 5,299 | 2001-10-01 | 2003-09-30 | United States | Multiple segments (acquisition integration) | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Additions to fiscal 2001 acquisition reserves recorded during nine months ended June 30, 2002 as integration plans were finalized for LPS, Microser, DAAG, Edison, and SecurityLink. Total severance reserve for all geographies was $182.6M; not broken out by geography. 255 additional facilities designated for closure in US. | ||
| 2002-06-30 | restructuring | in_progress | 2,646 | 2001-10-01 | 2003-09-30 | Europe | Multiple segments (acquisition integration) | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Additions to fiscal 2001 acquisition reserves. Total severance reserve for all geographies was $182.6M; not broken out by geography. 184 additional facilities designated for closure in Europe. | ||
| 2002-06-30 | restructuring | in_progress | 656 | 2001-10-01 | 2003-09-30 | Asia-Pacific | Multiple segments (acquisition integration) | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Additions to fiscal 2001 acquisition reserves. Total severance reserve for all geographies was $182.6M; not broken out by geography. 58 additional facilities designated for closure in Asia-Pacific region. | ||
| 2002-06-30 | restructuring | in_progress | 201 | 2001-10-01 | 2003-09-30 | Latin America | Multiple segments (acquisition integration) | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Additions to fiscal 2001 acquisition reserves. Total severance reserve for all geographies was $182.6M; not broken out by geography. 4 additional facilities designated for closure in Latin America. | ||
| 2002-06-30 | restructuring | in_progress | 78 | 2001-10-01 | 2003-09-30 | Canada | Multiple segments (acquisition integration) | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Additions to fiscal 2001 acquisition reserves. Total severance reserve for all geographies was $182.6M; not broken out by geography. 9 additional facilities designated for closure in Canada. | ||
| 2002-06-30 | restructuring | in_progress | 3,040 | 2002-06-30 | United States | Electronics, Fire and Security Services, Healthcare and Specialty Products, Engineered Products and Services | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Elimination of positions related to fiscal 2002 acquisitions. 2,627 employees terminated as of June 30, 2002. | |||
| 2002-06-30 | restructuring | in_progress | 691 | 2002-06-30 | Europe | Electronics, Fire and Security Services, Healthcare and Specialty Products, Engineered Products and Services | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Elimination of positions related to fiscal 2002 acquisitions. | |||
| 2002-06-30 | restructuring | in_progress | 527 | 2002-06-30 | Canada | Electronics, Fire and Security Services, Healthcare and Specialty Products, Engineered Products and Services | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Elimination of positions related to fiscal 2002 acquisitions. | |||
| 2002-06-30 | restructuring | in_progress | 338 | 2002-06-30 | Latin America | Electronics, Fire and Security Services, Healthcare and Specialty Products, Engineered Products and Services | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Elimination of positions related to fiscal 2002 acquisitions. | |||
| 2002-06-30 | restructuring | in_progress | 169 | 2002-06-30 | Asia-Pacific | Electronics, Fire and Security Services, Healthcare and Specialty Products, Engineered Products and Services | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Elimination of positions related to fiscal 2002 acquisitions. | |||
| 2002-06-30 | restructuring | in_progress | 5,299 | 2002-06-30 | United States | Electronics, Fire and Security Services, Healthcare and Specialty Products, Engineered Products and Services | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Additions to purchase accounting reserves for fiscal 2001 acquisitions (LPS, Microser, DAAG, Edison, SecurityLink). | |||
| 2002-06-30 | restructuring | in_progress | 2,646 | 2002-06-30 | Europe | Electronics, Fire and Security Services, Healthcare and Specialty Products, Engineered Products and Services | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Additions to purchase accounting reserves for fiscal 2001 acquisitions. | |||
| 2002-06-30 | restructuring | in_progress | 656 | 2002-06-30 | Asia-Pacific | Electronics, Fire and Security Services, Healthcare and Specialty Products, Engineered Products and Services | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Additions to purchase accounting reserves for fiscal 2001 acquisitions. | |||
| 2002-06-30 | restructuring | in_progress | 201 | 2002-06-30 | Latin America | Electronics, Fire and Security Services, Healthcare and Specialty Products, Engineered Products and Services | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Additions to purchase accounting reserves for fiscal 2001 acquisitions. | |||
| 2002-06-30 | restructuring | in_progress | 78 | 2002-06-30 | Canada | Electronics, Fire and Security Services, Healthcare and Specialty Products, Engineered Products and Services | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Additions to purchase accounting reserves for fiscal 2001 acquisitions. | |||
| 2002-06-30 | restructuring | in_progress | 8,807 | 2002-06-30 | Global | Corporate, Electronics, Fire and Security Services, Healthcare and Specialty Products, Engineered Products and Services | USD 205 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Fiscal 2002 restructuring charges excluding acquisition-related purchase accounting reserves. Includes corporate severance and deal costs. | ||
| 2002-06-30 | plant_closure | in_progress | 2002-06-30 | United States | Electronics, Fire and Security Services, Healthcare and Specialty Products, Engineered Products and Services | USD 289 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Facilities-related reserve additions for fiscal 2002. 92 facilities designated for closure in Note 3. | |||
| 2002-06-30 | plant_closure | in_progress | 2002-06-30 | Global | Electronics, Fire and Security Services, Healthcare and Specialty Products, Engineered Products and Services | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Closure and consolidation of 142 facilities related to fiscal 2002 acquisitions. 49 facilities closed or consolidated as of June 30, 2002. | ||||
| 2002-03-31 | restructuring | in_progress | 7,495 | 2001-10-01 | 2003-03-31 | Primarily Electronics; also Fire and Security Services and Healthcare and Specialty Products | USD 667 (millions) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Six-month fiscal 2002 charges covering 7,495 positions and 27 facilities; $243.3M of the charge included in cost of revenue, primarily inventory write-downs and plant closures in Electronics. Company anticipates restructuring activities substantially completed within one year. | ||
| 2002-03-31 | reduction_in_force | in_progress | 3,995 | 2001-10-01 | 2004-03-31 | Acquisition integration (fiscal 2002 acquisitions) | USD 182 (millions) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Fiscal 2002 acquisition reserves for workforce reductions and closure/consolidation of 127 facilities; termination of 2,423 US, 551 Europe, 525 Canada, 334 Latin America, 162 Asia-Pacific positions. At March 31, 2002, 1,699 employees terminated and 38 facilities closed. | ||
| 2002-03-31 | reduction_in_force | in_progress | 2,423 | 2001-10-01 | 2004-03-31 | United States | Acquisition integration (fiscal 2002 acquisitions) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | US portion of fiscal 2002 acquisition-related position eliminations; 73 US facilities designated for closure. | ||
| 2002-03-31 | reduction_in_force | in_progress | 551 | 2001-10-01 | 2004-03-31 | Europe | Acquisition integration (fiscal 2002 acquisitions) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Europe portion of fiscal 2002 acquisition-related position eliminations; 33 European facilities designated for closure. | ||
| 2002-03-31 | reduction_in_force | in_progress | 525 | 2001-10-01 | 2004-03-31 | Canada | Acquisition integration (fiscal 2002 acquisitions) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Canada portion of fiscal 2002 acquisition-related position eliminations; 3 Canadian facilities designated for closure. | ||
| 2002-03-31 | reduction_in_force | in_progress | 334 | 2001-10-01 | 2004-03-31 | Latin America | Acquisition integration (fiscal 2002 acquisitions) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Latin America portion of fiscal 2002 acquisition-related position eliminations; 1 facility designated for closure. | ||
| 2002-03-31 | reduction_in_force | in_progress | 162 | 2001-10-01 | 2004-03-31 | Asia-Pacific | Acquisition integration (fiscal 2002 acquisitions) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Asia-Pacific portion of fiscal 2002 acquisition-related position eliminations; 17 facilities designated for closure. | ||
| 2002-03-31 | reduction_in_force | in_progress | 8,371 | 2001-10-01 | 2004-03-31 | Acquisition integration (fiscal 2001 acquisitions: LPS, Tyco Capital, SecurityLink) | USD 356 (millions) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Additions to fiscal 2001 acquisition reserves during the six months ended March 31, 2002; elimination of 5,282 US, 1,949 Europe, 638 Asia-Pacific, 299 Canada, 203 Latin America positions; 494 additional facilities designated for closure. Corresponding increase to goodwill and deferred tax assets. | ||
| 2002-03-31 | plant_closure | in_progress | 2001-10-01 | 2003-03-31 | Electronics | USD 2,413 (millions) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Six-month impairment charge primarily related to write-down of the Tyco Global Network ($2,242.5M) and property, plant and equipment ($170.3M) related to closure of facilities; not a headcount-specific action but tied to facility closures discussed in Note 6. | |||
| 2002-03-31 | restructuring | in_progress | 7,495 | 2001-10-01 | 2003-03-31 | Primarily Electronics segment | USD 667 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Positions added to Tyco Industrial restructuring reserve during six months ended March 31, 2002; includes 27 facility closures; reserve balance of 5,857 positions remained at period end; $243.3M of charge recorded in cost of revenue; segment charge split: Electronics $615.0M, Fire and Security $43.3M, Healthcare $8.7M | ||
| 2002-03-31 | restructuring | in_progress | 2,423 | 2001-10-01 | 2004-02-28 | United States | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Fiscal 2002 acquisition integration; total program charge $182.2M; 73 facilities designated for closure in US; 1,699 employees terminated overall across all geographies by March 31, 2002 | |||
| 2002-03-31 | restructuring | in_progress | 551 | 2001-10-01 | 2004-02-28 | Europe | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Fiscal 2002 acquisition integration; total program charge $182.2M; 33 facilities designated for closure in Europe | |||
| 2002-03-31 | restructuring | in_progress | 525 | 2001-10-01 | 2004-02-28 | Canada | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Fiscal 2002 acquisition integration; total program charge $182.2M; 3 facilities designated for closure in Canada | |||
| 2002-03-31 | restructuring | in_progress | 334 | 2001-10-01 | 2004-02-28 | Latin America | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Fiscal 2002 acquisition integration; total program charge $182.2M; 1 facility designated for closure in Latin America | |||
| 2002-03-31 | restructuring | in_progress | 162 | 2001-10-01 | 2004-02-28 | Asia-Pacific | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Fiscal 2002 acquisition integration; total program charge $182.2M; 17 facilities designated for closure in Asia-Pacific | |||
| 2002-03-31 | restructuring | in_progress | 5,282 | 2001-10-01 | 2003-09-30 | United States | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Additional purchase accounting reserves for fiscal 2001 acquisitions (LPS, Tyco Capital, SecurityLink); total program charge $355.7M; 238 facilities designated for closure in US | |||
| 2002-03-31 | restructuring | in_progress | 1,949 | 2001-10-01 | 2003-09-30 | Europe | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Additional purchase accounting reserves for fiscal 2001 acquisitions; total program charge $355.7M; 188 facilities designated for closure in Europe | |||
| 2002-03-31 | restructuring | in_progress | 638 | 2001-10-01 | 2003-09-30 | Asia-Pacific | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Additional purchase accounting reserves for fiscal 2001 acquisitions; total program charge $355.7M; 51 facilities designated for closure in Asia-Pacific | |||
| 2002-03-31 | restructuring | in_progress | 299 | 2001-10-01 | 2003-09-30 | Canada | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Additional purchase accounting reserves for fiscal 2001 acquisitions; total program charge $355.7M; 13 facilities designated for closure in Canada | |||
| 2002-03-31 | restructuring | in_progress | 203 | 2001-10-01 | 2003-09-30 | Latin America | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Additional purchase accounting reserves for fiscal 2001 acquisitions; total program charge $355.7M; 4 facilities designated for closure in Latin America | |||
| 2002-03-31 | restructuring | in_progress | 2,423 | 2002-03-31 | United States | Electronics, Fire and Security Services, Healthcare and Specialty Products | USD 84 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Fiscal 2002 acquisition reserves. Costs of employee terminations relate to elimination of positions primarily in manufacturing, distribution, administrative, technical, and sales/marketing. | ||
| 2002-03-31 | restructuring | in_progress | 551 | 2002-03-31 | Europe | Electronics, Fire and Security Services, Healthcare and Specialty Products | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Fiscal 2002 acquisition reserves. Elimination of positions primarily in manufacturing, distribution, administrative, technical, and sales/marketing. | |||
| 2002-03-31 | restructuring | in_progress | 525 | 2002-03-31 | Canada | Electronics, Fire and Security Services, Healthcare and Specialty Products | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Fiscal 2002 acquisition reserves. Elimination of positions primarily in manufacturing, distribution, administrative, technical, and sales/marketing. | |||
| 2002-03-31 | restructuring | in_progress | 334 | 2002-03-31 | Latin America | Electronics, Fire and Security Services, Healthcare and Specialty Products | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Fiscal 2002 acquisition reserves. Elimination of positions primarily in manufacturing, distribution, administrative, technical, and sales/marketing. | |||
| 2002-03-31 | restructuring | in_progress | 162 | 2002-03-31 | Asia-Pacific | Electronics, Fire and Security Services, Healthcare and Specialty Products | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Fiscal 2002 acquisition reserves. Elimination of positions primarily in manufacturing, distribution, administrative, technical, and sales/marketing. | |||
| 2002-03-31 | restructuring | in_progress | 5,282 | 2002-03-31 | United States | Electronics, Fire and Security Services, Healthcare and Specialty Products | USD 204 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Additions to fiscal 2001 acquisition reserves. Elimination of positions primarily in administrative, manufacturing, technical, and sales/marketing. | ||
| 2002-03-31 | restructuring | in_progress | 1,949 | 2002-03-31 | Europe | Electronics, Fire and Security Services, Healthcare and Specialty Products | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Additions to fiscal 2001 acquisition reserves. Elimination of positions primarily in administrative, manufacturing, technical, and sales/marketing. | |||
| 2002-03-31 | restructuring | in_progress | 638 | 2002-03-31 | Asia-Pacific | Electronics, Fire and Security Services, Healthcare and Specialty Products | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Additions to fiscal 2001 acquisition reserves. Elimination of positions primarily in administrative, manufacturing, technical, and sales/marketing. | |||
| 2002-03-31 | restructuring | in_progress | 299 | 2002-03-31 | Canada | Electronics, Fire and Security Services, Healthcare and Specialty Products | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Additions to fiscal 2001 acquisition reserves. Elimination of positions primarily in administrative, manufacturing, technical, and sales/marketing. | |||
| 2002-03-31 | restructuring | in_progress | 203 | 2002-03-31 | Latin America | Electronics, Fire and Security Services, Healthcare and Specialty Products | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Additions to fiscal 2001 acquisition reserves. Elimination of positions primarily in administrative, manufacturing, technical, and sales/marketing. | |||
| 2002-03-31 | restructuring | in_progress | 7,495 | 2002-03-31 | Global | Tyco Industrial | USD 149 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Fiscal 2002 charges for Tyco Industrial. Includes closure of manufacturing plants, administrative offices, warehouses, and sales offices. | ||
| 2001-12-31 | restructuring | in_progress | 416 | 2002-09-30 | Fire and Security Services | USD 26 (millions) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Q1 FY2002 charges of $25.7M, of which $5.8M in cost of revenue; primarily severance from closure of administrative buildings and a sales office made redundant by acquisitions. Company anticipates restructuring activities substantially completed within fiscal 2002. | |||
| 2001-12-31 | restructuring | completed | 2,685 | USD 72 (millions) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Employees terminated during Q1 FY2002 against prior restructuring reserves; $71.7M severance reserve utilized, plus $17.0M facilities and $10.2M other. Remaining reserve at Dec 31, 2001: $267.0M. | |||||
| 2001-12-31 | acquisition_addition | in_progress | 1,473 | United States | business_combinations_footnote f5-10q / GLM-5.3-flash-fp4-HTML | US portion of 960 planned position eliminations for fiscal 2002 acquisitions; primarily administrative, sales and marketing, manufacturing and distribution, and technical personnel. | |||||
| 2001-12-31 | acquisition_addition | in_progress | 451 | Europe | business_combinations_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Europe portion of planned position eliminations for fiscal 2002 acquisitions. | |||||
| 2001-12-31 | acquisition_addition | in_progress | 58 | Asia-Pacific | business_combinations_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Asia-Pacific portion of planned position eliminations for fiscal 2002 acquisitions. | |||||
| 2001-12-31 | acquisition_addition | in_progress | 4 | Latin America | business_combinations_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Latin America portion of planned position eliminations for fiscal 2002 acquisitions. | |||||
| 2001-12-31 | plant_closure | in_progress | Europe (32), United States (10), Asia-Pacific (4), Canada (1) | USD 30 (millions) | business_combinations_footnote f5-10q / GLM-5.3-flash-fp4-HTML | 47 facilities designated for closure related to fiscal 2002 acquisitions; facilities reserve of $30.3M established in Q1 FY2002. At Dec 31, 2001, 9 facilities had been closed or consolidated. | |||||
| 2001-12-31 | acquisition_addition | in_progress | 3,131 | United States | business_combinations_footnote f5-10q / GLM-5.3-flash-fp4-HTML | US portion of additional 4,482 position eliminations recorded in Q1 FY2002 for fiscal 2001 acquisitions (LPS, Tyco Capital, SecurityLink); drove $216.2M of additional purchase accounting liabilities. | |||||
| 2001-12-31 | acquisition_addition | in_progress | 863 | Europe | business_combinations_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Europe portion of additional position eliminations for fiscal 2001 acquisitions. | |||||
| 2001-12-31 | acquisition_addition | in_progress | 202 | Latin America | business_combinations_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Latin America portion of additional position eliminations for fiscal 2001 acquisitions. | |||||
| 2001-12-31 | acquisition_addition | in_progress | 146 | Canada | business_combinations_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Canada portion of additional position eliminations for fiscal 2001 acquisitions. | |||||
| 2001-12-31 | acquisition_addition | in_progress | 140 | Asia-Pacific | business_combinations_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Asia-Pacific portion of additional position eliminations for fiscal 2001 acquisitions. | |||||
| 2001-12-31 | plant_closure | in_progress | Europe (141), United States (130), Asia-Pacific (42), Canada and Latin America (9) | USD 73 (millions) | business_combinations_footnote f5-10q / GLM-5.3-flash-fp4-HTML | 322 additional facilities designated for closure related to fiscal 2001 acquisitions; facilities reserve additions of $73.3M in Q1 FY2002. | |||||
| 2001-12-31 | restructuring | completed | 3,429 | USD 78 (millions) | business_combinations_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Employees terminated during Q1 FY2002 against purchase accounting reserves; $77.9M severance utilized plus $39.3M facilities and $60.0M other. Purchase accounting reserves totaled $836.0M at Dec 31, 2001. | |||||
| 2001-12-31 | acquisition_addition | completed | 593 | business_combinations_footnote f5-10q / GLM-5.3-flash-fp4-HTML | At Dec 31, 2001, 593 employees had been terminated and 9 facilities closed or consolidated related to fiscal 2002 acquisitions. | ||||||
| 2001-12-31 | restructuring | in_progress | 416 | 2002-09-30 | Fire and Security Services | USD 17 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | 416 positions added to the severance reserve during the quarter (severance $17.2M of a $25.7M total charge) for redundant administrative buildings and a sales office. Separately, 2,685 positions were separated against prior reserves during the quarter; 3,776 positions and $89.3M severance reserve remained open at 2001-12-31. Filer expects restructuring substantially complete within fiscal 2002. | |||
| 2001-12-31 | restructuring | in_progress | 960 | United States | Administrative, sales and marketing, manufacturing and distribution, technical | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Fiscal 2002 acquisition integration plan: 960 US positions and 10 US facilities designated for closure/consolidation. Program totals: 1,473 positions, 47 facilities, severance reserve $17.4M within $80.7M of purchase accounting liabilities. At 2001-12-31, 593 employees had been terminated and 9 facilities closed or consolidated. Completion expected within two years of each acquisition date. | ||||
| 2001-12-31 | restructuring | in_progress | 451 | Europe | Administrative, sales and marketing, manufacturing and distribution, technical | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Fiscal 2002 acquisition integration plan: 451 European positions and 32 European facilities designated for closure/consolidation. Program totals: 1,473 positions, 47 facilities, severance reserve $17.4M within $80.7M of purchase accounting liabilities. | ||||
| 2001-12-31 | restructuring | in_progress | 58 | Asia-Pacific | Administrative, sales and marketing, manufacturing and distribution, technical | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Fiscal 2002 acquisition integration plan: 58 Asia-Pacific positions and 4 Asia-Pacific facilities designated for closure/consolidation. Program totals: 1,473 positions, 47 facilities, severance reserve $17.4M within $80.7M of purchase accounting liabilities. | ||||
| 2001-12-31 | restructuring | in_progress | 4 | Latin America | Administrative, sales and marketing, manufacturing and distribution, technical | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Fiscal 2002 acquisition integration plan: 4 Latin America positions. One additional facility in Canada was designated for closure with no associated position count disclosed. Program totals: 1,473 positions, 47 facilities, severance reserve $17.4M within $80.7M of purchase accounting liabilities. | ||||
| 2001-12-31 | restructuring | in_progress | 3,131 | United States | Manufacturing plants and administrative offices | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Additions to fiscal 2001 acquisition purchase accounting reserves recorded in the quarter as integration plans were finalized (Lucent Power Systems, Tyco Capital, Cambridge Protection/SecurityLink): 3,131 US positions and 130 US facilities. Program totals: 4,482 positions, 322 facilities, severance $113.5M within $216.2M of added purchase accounting liabilities, offset by a $15.8M reduction in prior estimates. | ||||
| 2001-12-31 | restructuring | in_progress | 863 | Europe | Manufacturing plants and administrative offices | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Additions to fiscal 2001 acquisition purchase accounting reserves: 863 European positions and 141 European facilities. Program totals: 4,482 positions, 322 facilities, severance $113.5M within $216.2M of added purchase accounting liabilities. | ||||
| 2001-12-31 | restructuring | in_progress | 202 | Latin America | Manufacturing plants and administrative offices | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Additions to fiscal 2001 acquisition purchase accounting reserves: 202 Latin America positions. Program totals: 4,482 positions, 322 facilities (9 facilities combined for Canada and Latin America), severance $113.5M within $216.2M of added purchase accounting liabilities. | ||||
| 2001-12-31 | restructuring | in_progress | 146 | Canada | Manufacturing plants and administrative offices | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Additions to fiscal 2001 acquisition purchase accounting reserves: 146 Canadian positions. Program totals: 4,482 positions, 322 facilities (9 facilities combined for Canada and Latin America), severance $113.5M within $216.2M of added purchase accounting liabilities. | ||||
| 2001-12-31 | restructuring | in_progress | 140 | Asia-Pacific | Manufacturing plants and administrative offices | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Additions to fiscal 2001 acquisition purchase accounting reserves: 140 Asia-Pacific positions and 42 Asia-Pacific facilities. Program totals: 4,482 positions, 322 facilities, severance $113.5M within $216.2M of added purchase accounting liabilities. | ||||
| 2001-12-31 | divestiture_reduction | announced | 2002-01-31 | Tyco Plastics and Adhesives | subsequent_events f5-10q / MiMo-V2.6-Flash-fp8-HTML | January 2002 announcement of plan to sell the Plastics and Adhesives business; no headcount disclosed. Announced alongside plan to separate into four independent public companies (Security and Electronics; Healthcare; Fire Protection and Flow Control; Financial Services), with Tyco Capital distribution targeted for fiscal Q3 2002. | |||||
| 2001-12-31 | restructuring | in_progress | 416 | 2001-10-01 | Global | Fire and Security Services | USD 26 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Charges related primarily to severance associated with closure of administrative buildings and sales office redundant due to acquisitions. | ||
| 2001-12-31 | restructuring | in_progress | 1,473 | 2001-10-01 | Global | Various | USD 17 (millions) | business_combinations_footnote f5-10q / Qwen3.6-27B-Q8_0 | Workforce reductions planned at date of acquisition for Q1 FY2002 acquisitions. | ||
| 2001-12-31 | restructuring | in_progress | 4,482 | 2001-10-01 | Global | Various | USD 114 (millions) | business_combinations_footnote f5-10q / Qwen3.6-27B-Q8_0 | Additions to purchase accounting reserves for FY2001 acquisitions, including Lucent Power Systems, Tyco Capital, and Cambridge Protection Industries. | ||
| 2001-09-30 | restructuring | in_progress | 10,453 | Primarily United States and Latin America | Electronics | USD 335 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Includes $178.2M severance, $120.0M facilities, $36.5M other. 6,096 employees terminated and 14 of 42 facilities closed by September 30, 2001; 4,357 positions and 28 facilities remaining. Related to facility closures in computer, consumer electronics and communications industries. | |||
| 2001-09-30 | restructuring | in_progress | 1,864 | United States and Europe | Fire and Security Services | USD 139 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Includes $26.0M severance, $62.9M facilities, $49.9M other. 862 employees terminated and 69 of 196 facilities closed by September 30, 2001; 1,002 positions and 127 facilities remaining. Related to restructuring of U.S. security and fire protection businesses in connection with SecurityLink and Simplex acquisitions. | |||
| 2001-09-30 | restructuring | in_progress | 1,100 | Primarily United States | Healthcare and Specialty Products | USD 22 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Includes $15.2M severance, $5.4M facilities, $1.1M other. 444 employees terminated and 2 of 5 facilities closed by September 30, 2001; 656 positions and 3 facilities remaining. Related to closure of manufacturing plants. | |||
| 2001-09-30 | restructuring | in_progress | 6,651 | 2002-09-30 | United States | Various (acquisition integration) | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Part of FY2001 acquisition-related restructuring totaling 10,270 positions and $1,120.0M purchase accounting liabilities (severance $367.9M, facilities $393.6M, other $358.5M); charge not broken out by geography. 8,201 of 10,270 positions terminated and 172 of 349 facilities closed by September 30, 2001. 226 facilities designated for closure in the United States. Plans formulated at date of each acquisition (Mallinckrodt, CIGI, InnerDyne, LPS, Simplex, Scott, CIT, SecurityLink). | |||
| 2001-09-30 | restructuring | in_progress | 1,559 | 2002-09-30 | Europe | Various (acquisition integration) | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Part of FY2001 acquisition-related restructuring totaling 10,270 positions and $1,120.0M purchase accounting liabilities; charge not broken out by geography. 54 facilities designated for closure in Europe. | |||
| 2001-09-30 | restructuring | in_progress | 1,354 | 2002-09-30 | Asia-Pacific | Various (acquisition integration) | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Part of FY2001 acquisition-related restructuring totaling 10,270 positions and $1,120.0M purchase accounting liabilities; charge not broken out by geography. 48 facilities designated for closure in Asia-Pacific. | |||
| 2001-09-30 | restructuring | in_progress | 706 | 2002-09-30 | Canada and Latin America | Various (acquisition integration) | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Part of FY2001 acquisition-related restructuring totaling 10,270 positions and $1,120.0M purchase accounting liabilities; charge not broken out by geography. 21 facilities designated for closure in Canada and Latin America. | |||
| 2001-09-30 | restructuring | in_progress | 4,962 | 2002-09-30 | Global | Various (acquisition integration) | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Continuation of FY2000 acquisition-related restructuring program (original reserve: 7,215 positions, $426.2M). 4,962 employees terminated during FY2001; 1,252 positions remaining at September 30, 2001. FY2001 utilization: $166.2M. Company expects remaining terminations completed in Fiscal 2002. | |||
| 2001-09-30 | divestiture_reduction | completed | 2000-10-06 | 2000-10-06 | United States | Healthcare and Specialty Products | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Sold ADT Automotive business to Manheim Auctions, Inc. for approximately $1.0 billion cash; net gain of $406.5 million recorded. Headcount not disclosed. | |||
| 2001-09-30 | acquisition_addition | completed | 2001-11-13 | 2001-11-13 | Global | Fire and Security Services | subsequent_events f5-10k / MiMo-V2.6-Flash-fp8-HTML | Acquisition of Sensormatic Electronics Corporation completed November 13, 2001, valued at approximately $2.3 billion including $116 million net debt; approximately 48 million Tyco common shares issued. Headcount not disclosed. | |||
| 2001-09-30 | other | completed | 2001-01-31 | North America | Fire and Security Services (Grinnell) | Item_1_Business f5-10k / MiMo-V2.6-Flash-fp8-HTML | Strike by Grinnell employees affiliated with United Association of Plumbers and Pipefitters, begun April 1994, ended January 2001. Employees represented 64% of Grinnell Fire Protection's North American union employees at strike onset. Grinnell reinstated expired agreement terms and resumed negotiations. | ||||
| 2001-09-30 | restructuring | in_progress | 10,453 | 2001-09-30 | United States and Latin America | Electronics | USD 178 (millions) | restructuring_footnote f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML | Cost of announced workforce reductions in Electronics segment. 6,096 employees terminated as of Sept 30, 2001. | ||
| 2001-09-30 | restructuring | in_progress | 1,864 | 2001-09-30 | United States and Europe | Fire and Security Services | USD 26 (millions) | restructuring_footnote f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML | Cost of announced workforce reductions in Fire and Security Services. 862 employees terminated as of Sept 30, 2001. | ||
| 2001-09-30 | restructuring | in_progress | 1,100 | 2001-09-30 | United States | Healthcare and Specialty Products | USD 15 (millions) | restructuring_footnote f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML | Cost of announced workforce reductions in Healthcare and Specialty Products. 444 employees terminated as of Sept 30, 2001. | ||
| 2001-09-30 | restructuring | completed | 8,201 | 2000-10-01 | 2001-09-30 | Global | Multiple Segments (Acquisition Integration) | USD 216 (millions) | restructuring_footnote f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML | Employees terminated in connection with Fiscal 2001 purchase acquisitions. Part of original 10,270 employee reduction plan. | |
| 2001-09-30 | restructuring | completed | 8,985 | 1999-10-01 | 2001-09-30 | Global | Multiple Segments (Acquisition Integration) | USD 146 (millions) | restructuring_footnote f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML | Employees terminated in connection with Fiscal 2000 purchase acquisitions. Part of original 7,215 employee reduction plan, with additional terminations. | |
| 2001-09-30 | restructuring | in_progress | 10,453 | 2001-10-01 | United States and Latin America | Electronics | USD 178 (millions) | restructuring_footnote f5-10k / Qwen3.6-27B-Q8_0 | Workforce reductions primarily in manufacturing. 6,096 terminated by Sept 30, 2001. | ||
| 2001-09-30 | restructuring | in_progress | 1,864 | 2001-10-01 | United States and Europe | Fire and Security Services | USD 26 (millions) | restructuring_footnote f5-10k / Qwen3.6-27B-Q8_0 | Workforce reductions in manufacturing, general/admin, and sales/marketing. 862 terminated by Sept 30, 2001. | ||
| 2001-09-30 | restructuring | in_progress | 1,100 | 2001-10-01 | United States | Healthcare and Specialty Products | USD 15 (millions) | restructuring_footnote f5-10k / Qwen3.6-27B-Q8_0 | Workforce reductions in manufacturing and sales. 444 terminated by Sept 30, 2001. | ||
| 2001-09-30 | acquisition_addition | completed | 10,270 | 2001-10-01 | Global | Various | USD 368 (millions) | business_combinations_footnote f5-10k / Qwen3.6-27B-Q8_0 | Original reserve established for severance related to Fiscal 2001 acquisitions (Mallinckrodt, CIT, etc.). 8,201 terminated by Sept 30, 2001. | ||
| 2001-09-30 | restructuring | in_progress | 10,453 | Primarily United States and Latin America | Electronics | USD 178 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Positions eliminated primarily in manufacturing; 6,096 employees terminated and 14 of 42 facilities shut down by September 30, 2001. Charges recorded during Fiscal 2001; no specific announcement date disclosed. | |||
| 2001-09-30 | restructuring | in_progress | 1,864 | Primarily United States and Europe | Fire and Security Services | USD 26 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Positions eliminated primarily in manufacturing, general and administrative, and sales and marketing; 862 employees terminated and 69 of 196 facilities shut down by September 30, 2001. Related to integration of SecurityLink and Simplex acquisitions. | |||
| 2001-09-30 | restructuring | in_progress | 1,100 | Primarily United States | Healthcare and Specialty Products | USD 19 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Positions eliminated primarily in manufacturing and sales; 444 employees terminated and 2 of 5 facilities shut down by September 30, 2001. | |||
| 2001-09-30 | restructuring | in_progress | Not specified | Corporate | USD 3 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Corporate-level severance charge; $1.4 million remained on the balance sheet at September 30, 2001. Employee count not disclosed. | ||||
| 2001-09-30 | restructuring | in_progress | 9,916 | Global | Multiple segments (acquisition integration, excluding CIT) | USD 366 (millions) | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Severance reserve for Fiscal 2001 purchase acquisitions excluding CIT; 7,847 employees terminated by September 30, 2001. Charges treated as additional purchase price consideration, not expensed. Related to 349 facilities designated for closure, of which 172 closed by year-end. | |||
| 2001-09-30 | restructuring | completed | 354 | Primarily United States | Tyco Capital (CIT Group acquisition integration) | USD 47 (millions) | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | All 354 employees terminated by September 30, 2001; $27.0 million severance balance remained. Charges treated as additional purchase price consideration. | |||
| 2001-09-30 | divestiture_reduction | completed | 2000-10-06 | United States | ADT Automotive (Healthcare and Specialty Products segment) | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | ADT Automotive sold to Manheim Auctions for approximately $1.0 billion in cash; net gain of $406.5 million. Employee count not disclosed. | ||||
| 2001-06-30 | restructuring | in_progress | 8,394 | United States; Canada and Latin America; Europe; Asia-Pacific | All segments (Fiscal 2001 acquisitions) | USD 324 (millions) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Fiscal 2001 acquisition reserves for employee termination benefits tied to planned workforce reductions from acquisitions (Mallinckrodt, CIGI, InnerDyne, LPS, Simplex, Scott, CIT). Includes $39.1 million recorded by Tyco related to CIT integration. By June 30, 2001, 6,379 employees had been terminated and 58 of 225 designated facilities closed or consolidated; company expects terminations and facility consolidation substantially complete within two years of each acquisition date. | |||
| 2001-06-30 | restructuring | in_progress | 2,902 | United States; Europe; Asia-Pacific; Canada and Latin America | Primarily manufacturing plants and sales/administrative offices (Fiscal 2000 acquisitions: Thomas & Betts Electronic OEM Business, AFC Cable Systems, Critchley Group, Siemens Electromechanical Components) | USD 118 (millions) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Changes in estimates during the nine months ended June 30, 2001 added $118.0 million of purchase accounting liabilities and a corresponding increase in goodwill and deferred tax assets; includes 64 additional facilities designated for closure (35 US, 16 Asia-Pacific, 8 Europe, 5 Canada/Latin America). | |||
| 2001-06-30 | restructuring | in_progress | 5,959 | Primarily Fire and Security Services and Electronics; closure of manufacturing plants, sales offices, warehouses and administrative offices, plus an environmental remediation project | USD 215 (millions) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Nine months ended June 30, 2001 charges of $214.7 million, of which $39.8 million related to inventory was included in cost of sales. During the period 5,889 employees were terminated ($58.4 million utilized) and 23 facilities closed ($65.4 million utilized); ending reserve of $214.1 million covering 1,700 employees and 118 facilities. Company anticipates restructuring activities substantially completed within one year, except certain long-term contractual obligations. Net nine-month charge was $47.9 million after a $166.8 million litigation-settlement credit. | ||||
| 2001-06-30 | acquisition_addition | completed | 2001-06-01 | Tyco Financial Services (The CIT Group, Inc.) | USD 9,456 (millions) | business_combinations_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Tyco acquired CIT on June 1, 2001 for $9,455.5 million (approximately 133.0 million Tyco shares valued at $6,650.4 million for ~73%, $2,486.4 million cash to Dai-Ichi Kangyo Bank for ~27%, and options assumed valued at $318.7 million). Headcount added not disclosed. | ||||
| 2001-06-30 | acquisition_addition | completed | 2000-10-01 | Healthcare and Specialty Products (Mallinckrodt Inc.) | USD 3,097 (millions) | business_combinations_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Acquired October 2000 for approximately 65.2 million Tyco common shares valued at $3,096.9 million; included $184.3 million write-off of purchased in-process R&D. Headcount added not disclosed. | ||||
| 2001-06-30 | divestiture_reduction | completed | 2000-10-01 | ADT Automotive | USD 407 (millions) | business_combinations_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Sold ADT Automotive to Manheim Auctions (Cox Enterprises subsidiary) in October 2000 for approximately $1.0 billion cash; net gain of $406.5 million recorded. Headcount removed not disclosed. | ||||
| 2001-06-30 | acquisition_addition | announced | 2001-05-30 | Healthcare (C.R. Bard, Inc.) | USD 3 (billions) | subsequent_events f5-10q / GLM-5.3-flash-fp4-HTML | Definitive agreement to acquire C.R. Bard in a tax-free stock-for-stock merger for approximately 58 million Tyco common shares; transaction valued at approximately $3.2 billion including assumption of $72.9 million net debt. Approved by Bard shareholders, contingent on regulatory review. Headcount not disclosed. | ||||
| 2001-06-30 | acquisition_addition | completed | 2001-07-03 | Fire and Security Services (Cambridge Protection Industries / SecurityLink) | USD 1 (billions) | subsequent_events f5-10q / GLM-5.3-flash-fp4-HTML | Acquired electronic security systems businesses of Cambridge Protection Industries, L.L.C., serving approximately one million residential, commercial and government customers; valued at approximately $1 billion. Headcount not disclosed. | ||||
| 2001-06-30 | acquisition_addition | announced | 2001-08-03 | Fire and Security Services (Sensormatic Electronics Corporation) | USD 2 (billions) | subsequent_events f5-10q / GLM-5.3-flash-fp4-HTML | Agreement to acquire Sensormatic in a tax-free stock-for-stock exchange offer and merger; Sensormatic holders to receive Tyco shares valued at $24.00 per Sensormatic share. Valued at approximately $2.3 billion including assumption of approximately $116 million net debt. Headcount not disclosed. | ||||
| 2001-06-30 | restructuring | in_progress | 4,338 | 2000-10-01 | United States | Manufacturing and distribution, administrative, technical, sales and marketing | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Positions to be eliminated under integration plans for Fiscal 2001 acquisitions; 135 U.S. facilities designated for closure or consolidation. Program-wide severance reserve of $324.2M not split by geography. Plans formulated at each acquisition date (earliest October 2000); expected substantially complete within two years of each acquisition date. | |||
| 2001-06-30 | restructuring | in_progress | 2,164 | 2000-10-01 | Canada and Latin America | Manufacturing and distribution, administrative, technical, sales and marketing | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Positions to be eliminated under integration plans for Fiscal 2001 acquisitions; 22 facilities designated for closure or consolidation. Program-wide severance reserve of $324.2M not split by geography. | |||
| 2001-06-30 | restructuring | in_progress | 949 | 2000-10-01 | Europe | Manufacturing and distribution, administrative, technical, sales and marketing | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Positions to be eliminated under integration plans for Fiscal 2001 acquisitions; 31 facilities designated for closure or consolidation. Program-wide severance reserve of $324.2M not split by geography. | |||
| 2001-06-30 | restructuring | in_progress | 943 | 2000-10-01 | Asia-Pacific | Manufacturing and distribution, administrative, technical, sales and marketing | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Positions to be eliminated under integration plans for Fiscal 2001 acquisitions; 37 facilities designated for closure or consolidation. Program-wide severance reserve of $324.2M not split by geography. Program-wide, 6,379 employees terminated and 58 facilities closed or consolidated as of 2001-06-30. | |||
| 2001-06-30 | restructuring | in_progress | 2,902 | United States, Europe, Asia-Pacific, Canada and Latin America | Manufacturing plants and sales/administrative offices | USD 36 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Change in estimate during the nine months ended 2001-06-30 adding positions to eliminate for Fiscal 2000 acquisitions (Thomas & Betts Electronic OEM, AFC Cable, Critchley, Siemens Electromechanical); 64 additional facilities designated for closure. Announcement date not disclosed. | |||
| 2001-06-30 | restructuring | in_progress | 5,959 | Manufacturing plants, sales offices, warehouses, administrative offices | USD 86 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Fiscal 2001 restructuring charges covering 5,959 employees and 123 facilities; 5,889 employees and 23 facilities utilized during the period, leaving 1,700 employees and 118 facilities in reserve at 2001-06-30. Expected substantially complete within one year. Announcement date and geography not disclosed. | ||||
| 2001-06-30 | acquisition_addition | completed | 2001-06-01 | Tyco Financial Services | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Acquisition of The CIT Group, Inc. completed 2001-06-01 for $9,455.5M; headcount added not disclosed. Results included from 2001-06-01. | |||||
| 2001-06-30 | acquisition_addition | announced | 2001-05-30 | Healthcare and Specialty Products | subsequent_events f5-10q / MiMo-V2.6-Flash-fp8-HTML | Definitive agreement to acquire C.R. Bard, Inc. in stock-for-stock merger valued at approximately $3.2 billion; approved by Bard shareholders, pending regulatory review. Headcount added not disclosed. | |||||
| 2001-06-30 | acquisition_addition | announced | 2001-07-03 | Fire and Security Services | subsequent_events f5-10q / MiMo-V2.6-Flash-fp8-HTML | Acquired electronic security systems businesses of Cambridge Protection Industries (including SecurityLink), valued at approximately $1 billion; serves about one million customers. Headcount added not disclosed. | |||||
| 2001-06-30 | acquisition_addition | announced | 2001-08-03 | Fire and Security Services | subsequent_events f5-10q / MiMo-V2.6-Flash-fp8-HTML | Agreement to acquire Sensormatic Electronics Corporation via exchange offer and merger, valued at approximately $2.3 billion including ~$116M net debt; contingent on tender of majority shares and regulatory review. Headcount added not disclosed. | |||||
| 2001-06-30 | restructuring | in_progress | 4,338 | United States | Manufacturing, distribution, administrative, technical, sales and marketing | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Positions eliminated related to Fiscal 2001 acquisitions. | ||||
| 2001-06-30 | restructuring | in_progress | 2,164 | Canada and Latin America | Manufacturing, distribution, administrative, technical, sales and marketing | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Positions eliminated related to Fiscal 2001 acquisitions. | ||||
| 2001-06-30 | restructuring | in_progress | 949 | Europe | Manufacturing, distribution, administrative, technical, sales and marketing | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Positions eliminated related to Fiscal 2001 acquisitions. | ||||
| 2001-06-30 | restructuring | in_progress | 943 | Asia-Pacific | Manufacturing, distribution, administrative, technical, sales and marketing | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Positions eliminated related to Fiscal 2001 acquisitions. | ||||
| 2001-06-30 | restructuring | in_progress | 2,902 | Europe, United States, Asia-Pacific | Manufacturing plants, sales and administrative offices | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Additional employees eliminated due to changes in estimates for prior acquisitions (Thomas & Betts, AFC Cable, Critchley, Siemens). | ||||
| 2001-06-30 | restructuring | in_progress | 5,959 | Global | Various | USD 86 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Fiscal 2001 charges for severance reserve. Includes closure of manufacturing plants, sales offices, warehouses, and administrative offices. | |||
| 2001-06-30 | plant_closure | in_progress | Global | Sales offices, administrative offices, manufacturing plants | USD 85 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Fiscal 2001 charges for facilities closure reserve. 123 facilities designated for closure/consolidation. | ||||
| 2001-06-30 | acquisition_addition | completed | 2001-06-01 | Global | Tyco Financial Services (CIT) | business_combinations_footnote f5-10q / Qwen3.6-27B-Q8_0 | Acquisition of The CIT Group, Inc. on June 1, 2001. Headcount not explicitly disclosed. | ||||
| 2001-06-30 | acquisition_addition | completed | 2001-01-01 | Global | Fire and Security Services (Simplex) | business_combinations_footnote f5-10q / Qwen3.6-27B-Q8_0 | Acquisition of Simplex Time Recorder in January 2001. Headcount not explicitly disclosed. | ||||
| 2001-06-30 | acquisition_addition | completed | 2001-05-01 | Global | Fire and Security Services (Scott) | business_combinations_footnote f5-10q / Qwen3.6-27B-Q8_0 | Acquisition of Scott Technologies, Inc. in May 2001. Headcount not explicitly disclosed. | ||||
| 2001-06-30 | acquisition_addition | completed | 2000-10-01 | Global | Healthcare and Specialty Products (Mallinckrodt) | business_combinations_footnote f5-10q / Qwen3.6-27B-Q8_0 | Acquisition of Mallinckrodt Inc. in October 2000. Headcount not explicitly disclosed. | ||||
| 2001-06-30 | acquisition_addition | completed | 2000-12-01 | Global | Healthcare and Specialty Products (InnerDyne) | business_combinations_footnote f5-10q / Qwen3.6-27B-Q8_0 | Acquisition of InnerDyne, Inc. in December 2000. Headcount not explicitly disclosed. | ||||
| 2001-06-30 | acquisition_addition | completed | 2000-12-01 | Global | Electronics (LPS) | business_combinations_footnote f5-10q / Qwen3.6-27B-Q8_0 | Acquisition of Lucent Technologies' Power Systems business unit in December 2000. Headcount not explicitly disclosed. | ||||
| 2001-06-30 | acquisition_addition | completed | 2000-10-01 | Global | Electronics (CIGI) | business_combinations_footnote f5-10q / Qwen3.6-27B-Q8_0 | Acquisition of CIGI Investment Group, Inc. in October 2000. Headcount not explicitly disclosed. | ||||
| 2001-06-30 | divestiture_reduction | completed | 2000-10-01 | Global | ADT Automotive | business_combinations_footnote f5-10q / Qwen3.6-27B-Q8_0 | Sale of ADT Automotive business to Manheim Auctions, Inc. in October 2000. Headcount not explicitly disclosed. | ||||
| 2001-06-30 | acquisition_addition | announced | 2001-05-30 | Global | Healthcare (C.R. Bard) | subsequent_events f5-10q / Qwen3.6-27B-Q8_0 | Agreement to acquire C.R. Bard, Inc. contingent on regulatory review. Headcount not disclosed. | ||||
| 2001-06-30 | acquisition_addition | completed | 2001-07-03 | Global | Fire and Security Services (Cambridge Protection) | subsequent_events f5-10q / Qwen3.6-27B-Q8_0 | Acquired electronic security systems businesses of Cambridge Protection Industries, L.L.C. Headcount not disclosed. | ||||
| 2001-06-30 | acquisition_addition | announced | 2001-08-03 | Global | Fire and Security Services (Sensormatic) | subsequent_events f5-10q / Qwen3.6-27B-Q8_0 | Agreement to acquire Sensormatic Electronics Corporation. Contingent on tender and regulatory review. Headcount not disclosed. | ||||
| 2001-03-31 | restructuring | in_progress | 4,389 | 2001-03-31 | United States (2,631); Asia-Pacific (759); Canada and Latin America (530); Europe (469) | Fiscal 2001 acquisitions integration (manufacturing/distribution, administrative, technical, sales and marketing personnel) | USD 165 (millions) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Severance reserve for workforce reductions tied to Fiscal 2001 purchase acquisitions (Mallinckrodt, CIGI, InnerDyne, LPS, Simplex). As of March 31, 2001, 2,839 employees had been terminated. Integration expected substantially complete within two years of acquisition dates. | ||
| 2001-03-31 | plant_closure | in_progress | 2001-03-31 | Asia-Pacific (25); Europe (23); United States (12); Canada and Latin America (4) | Fiscal 2001 acquisitions integration — closure/consolidation of 64 facilities (sales offices, administrative offices, manufacturing plants) | USD 229 (millions) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Facilities reserve for closure and consolidation of 64 facilities in connection with Fiscal 2001 acquisitions; 9 facilities closed or consolidated as of March 31, 2001. | |||
| 2001-03-31 | restructuring | in_progress | 1,606 | 2001-03-31 | United States, Asia-Pacific region and Europe | Integration of Electronic OEM Business of Thomas & Betts and AFC Cable Systems (Fiscal 2000 acquisitions) | USD 30 (millions) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Additional purchase accounting liabilities of $68.1 million total recorded during the six months ended March 31, 2001, with corresponding increase in goodwill and deferred tax assets. | ||
| 2001-03-31 | plant_closure | in_progress | 2001-03-31 | United States (34); Europe (7); Asia-Pacific (4); Latin America (1) | Integration of Electronic OEM Business of Thomas & Betts and AFC Cable Systems — 46 additional facilities designated for closure | USD 27 (millions) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Primarily manufacturing plants and sales offices. | |||
| 2001-03-31 | restructuring | in_progress | 5,157 | 2001-03-31 | 2002-03-31 | Primarily Electronics segment; also Healthcare, Flow Control, Fire and Security | USD 71 (millions) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Fiscal 2001 restructuring charges of $164.5 million total, including $32.4 million in cost of sales for plant/office closures and an environmental remediation project. Company anticipates restructuring activities substantially completed within one year. | ||
| 2001-03-31 | plant_closure | in_progress | 2001-03-31 | 2002-03-31 | Closure of 41 facilities (manufacturing plants, sales offices, warehouses, administrative offices) | USD 73 (millions) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Facilities reserve component of Fiscal 2001 restructuring charges. | |||
| 2001-03-31 | restructuring | in_progress | 2001-03-31 | Electronics | USD 117 (millions) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Includes $27.7 million in cost of sales for facility closures, $14.0 million inventory write-up under purchase accounting, and $14.1 million property, plant and equipment impairment. | ||||
| 2001-03-31 | restructuring | in_progress | 2001-03-31 | Healthcare and Specialty Products | USD 6 (millions) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Includes $4.2 million in cost of sales for closure of a manufacturing plant and $2.2 million PP&E impairment. | ||||
| 2001-03-31 | restructuring | in_progress | 2001-03-31 | Flow Control Products and Services | USD 23 (millions) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Closure of manufacturing plants, warehouses, sales offices and administrative offices; includes $1.4 million PP&E impairment. | ||||
| 2001-03-31 | other | in_progress | 2001-03-31 | Fire and Security Services | USD 12 (millions) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Non-recurring charge related to an environmental remediation project. | ||||
| 2001-03-31 | restructuring | in_progress | 2,631 | United States | Manufacturing and distribution, administrative, technical and sales and marketing | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Part of Fiscal 2001 acquisition integration; total program severance reserve $164.9M across 4,389 positions and 64 facilities. 12 US facilities designated for closure. At March 31, 2001, 2,839 of 4,389 positions terminated and 9 facilities closed across all geographies. Expected substantially complete within two years of acquisition dates. | ||||
| 2001-03-31 | restructuring | in_progress | 759 | Asia-Pacific | Manufacturing and distribution, administrative, technical and sales and marketing | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Part of Fiscal 2001 acquisition integration; total program severance reserve $164.9M across 4,389 positions and 64 facilities. 25 Asia-Pacific facilities designated for closure. | ||||
| 2001-03-31 | restructuring | in_progress | 530 | Canada and Latin America | Manufacturing and distribution, administrative, technical and sales and marketing | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Part of Fiscal 2001 acquisition integration; total program severance reserve $164.9M across 4,389 positions and 64 facilities. 4 Canada/Latin America facilities designated for closure. | ||||
| 2001-03-31 | restructuring | in_progress | 469 | Europe | Manufacturing and distribution, administrative, technical and sales and marketing | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Part of Fiscal 2001 acquisition integration; total program severance reserve $164.9M across 4,389 positions and 64 facilities. 23 Europe facilities designated for closure. | ||||
| 2001-03-31 | restructuring | in_progress | 1,606 | United States, Asia-Pacific, Europe, and Latin America | Manufacturing plants and sales and administrative offices | USD 30 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Changes in estimates for Fiscal 2000 acquisitions (Thomas & Betts Electronic OEM and AFC Cable Systems). Employee count not broken out by geography. 46 facilities designated for closure: 34 US, 7 Europe, 4 Asia-Pacific, 1 Latin America. Total charge $68.1M including $29.9M severance and $26.6M facilities. | |||
| 2001-03-31 | restructuring | in_progress | 5,157 | Manufacturing plants, sales offices, warehouses and administrative offices | USD 71 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Fiscal 2001 restructuring charges: 5,157 employees and 41 facilities added to reserve. Total charge $164.5M including $70.6M severance, $73.1M facilities, $20.8M other. During period, 789 employees terminated and 11 facilities closed (utilization). Ending balance at March 31, 2001: 5,998 employees, 48 facilities, $272.3M reserve. Expected substantially complete within one year. Also includes environmental remediation project charges. | ||||
| 2001-03-31 | restructuring | in_progress | 4,389 | 2000-10-01 | Global | Various (Manufacturing, Distribution, Administrative, Technical, Sales, Marketing) | USD 165 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Reserve established for Fiscal 2001 acquisitions. Includes 2,631 US, 759 Asia-Pacific, 530 Canada/Latin America, 469 Europe positions. | ||
| 2001-03-31 | restructuring | in_progress | 1,606 | 2000-10-01 | Global | Manufacturing, Sales, Administrative | USD 30 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Changes in estimates for Fiscal 2000 acquisitions (Thomas & Betts, AFC Cable). Includes 1,606 additional employees. | ||
| 2001-03-31 | restructuring | in_progress | 5,157 | 2000-10-01 | Global | Various | USD 71 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Fiscal 2001 charges for merger/restructuring activities unrelated to acquisition purchase accounting reserves. | ||
| 2001-03-31 | restructuring | in_progress | 2,839 | 2000-10-01 | Global | Various | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Number of employees terminated as of March 31, 2001 related to Fiscal 2001 acquisitions. | |||
| 2000-12-31 | restructuring | in_progress | 1,737 | 2000-10-01 | USD 100 (millions) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Fiscal 2001 acquisition-related severance reserve for workforce reductions tied to purchase acquisitions; part of $256.5 million total purchase accounting liabilities. 691 employees had been terminated as of December 31, 2000. | ||||
| 2000-12-31 | plant_closure | in_progress | 2000-10-01 | USD 42 (millions) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Fiscal 2001 acquisition-related reserve covering closure and consolidation of 44 facilities; 1 facility closed as of December 31, 2000. | |||||
| 2000-12-31 | reduction_in_force | in_progress | 1,180 | 2000-10-01 | United States | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | US portion of Fiscal 2001 acquisition-related employee terminations, primarily manufacturing and distribution, administrative, sales and marketing, and technical personnel. | ||||
| 2000-12-31 | reduction_in_force | in_progress | 318 | 2000-10-01 | Europe | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Europe portion of Fiscal 2001 acquisition-related employee terminations. | ||||
| 2000-12-31 | reduction_in_force | in_progress | 182 | 2000-10-01 | Asia-Pacific | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Asia-Pacific portion of Fiscal 2001 acquisition-related employee terminations. | ||||
| 2000-12-31 | reduction_in_force | in_progress | 57 | 2000-10-01 | Canada and Latin America | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Canada and Latin America portion of Fiscal 2001 acquisition-related employee terminations. | ||||
| 2000-12-31 | plant_closure | in_progress | 2000-10-01 | Europe | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | 21 facilities in Europe designated for closure under Fiscal 2001 acquisition integration plans, primarily sales offices, manufacturing plants and administrative offices. | |||||
| 2000-12-31 | plant_closure | in_progress | 2000-10-01 | Asia-Pacific | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | 14 facilities in the Asia-Pacific region designated for closure under Fiscal 2001 acquisition integration plans. | |||||
| 2000-12-31 | plant_closure | in_progress | 2000-10-01 | United States | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | 5 facilities in the United States designated for closure under Fiscal 2001 acquisition integration plans. | |||||
| 2000-12-31 | plant_closure | in_progress | 2000-10-01 | Canada and Latin America | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | 4 facilities in Canada and Latin America designated for closure under Fiscal 2001 acquisition integration plans. | |||||
| 2000-12-31 | restructuring | in_progress | 869 | 2000-10-01 | USD 47 (millions) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Additional purchase accounting liabilities from finalizing integration of AFC Cable Systems, Siemens Electromechanical Components, and Thomas & Betts Electronic OEM Business, all acquired in Fiscal 2000; goodwill and deferred tax assets increased correspondingly. | ||||
| 2000-12-31 | plant_closure | in_progress | 2000-10-01 | United States | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | 18 additional US facilities designated for closure in connection with Fiscal 2000 acquisition integration plan revisions. | |||||
| 2000-12-31 | plant_closure | in_progress | 2000-10-01 | Asia-Pacific | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | 1 additional Asia-Pacific facility designated for closure in connection with Fiscal 2000 acquisition integration plan revisions. | |||||
| 2000-12-31 | restructuring | in_progress | 247 | 2000-10-01 | USD 18 (millions) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Quarterly restructuring and other non-recurring charges primarily related to an environmental remediation project and the closure of a manufacturing plant; severance reserve component $5.1 million. | ||||
| 2000-12-31 | plant_closure | in_progress | 2000-10-01 | USD 1 (millions) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | 1 facility closure charge within the quarterly restructuring activity; facilities reserve component of the $18.1 million charge. | |||||
| 2000-12-31 | plant_closure | completed | 2000-10-01 | 2000-12-31 | Healthcare and Specialty Products | USD 7 (millions) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Impairment charge primarily related to property, plant and equipment associated with the closure of a manufacturing plant. | |||
| 2000-12-31 | divestiture_reduction | completed | 2000-10-01 | Healthcare and Specialty Products (ADT Automotive) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | ADT Automotive sold to Manheim Auctions (Cox Enterprises) for approximately $1.0 billion cash; net gain of $410.4 million. No employee count disclosed. | |||||
| 2000-12-31 | acquisition_addition | completed | 2000-10-01 | Healthcare and Specialty Products; Electronics | USD 7,621 (millions) | business_combinations_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Aggregate acquisition cost of $7,620.6 million for Fiscal 2001 purchases including Mallinckrodt, CIGI, InnerDyne and Lucent Power Systems; no headcount figures disclosed. | ||||
| 2000-12-31 | restructuring | in_progress | 1,180 | 2000-12-31 | 2002-12-31 | United States | Manufacturing and distribution, administrative, sales and marketing, and technical personnel | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Fiscal 2001 acquisition integration plans; part of $256.5M total purchase accounting liabilities (severance $99.5M, facilities $41.7M, other $115.3M), not allocated by geography. Plans formulated at each acquisition date (Oct–Dec 2000); completion expected within two years of acquisition dates. | ||
| 2000-12-31 | restructuring | in_progress | 318 | 2000-12-31 | 2002-12-31 | Europe | Manufacturing and distribution, administrative, sales and marketing, and technical personnel | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Fiscal 2001 acquisition integration; 21 facilities in Europe designated for closure. Charge not allocated by geography. | ||
| 2000-12-31 | restructuring | in_progress | 182 | 2000-12-31 | 2002-12-31 | Asia-Pacific | Manufacturing and distribution, administrative, sales and marketing, and technical personnel | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Fiscal 2001 acquisition integration; 14 facilities in Asia-Pacific designated for closure. Charge not allocated by geography. | ||
| 2000-12-31 | restructuring | in_progress | 57 | 2000-12-31 | 2002-12-31 | Canada and Latin America | Manufacturing and distribution, administrative, sales and marketing, and technical personnel | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Fiscal 2001 acquisition integration; 4 facilities in Canada and Latin America designated for closure. Charge not allocated by geography. | ||
| 2000-12-31 | restructuring | in_progress | 869 | 2000-12-31 | 2002-12-31 | United States, Europe, and Asia-Pacific | Manufacturing plants and administrative offices | USD 47 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Changes in estimates for Fiscal 2000 acquisitions (AFC Cable Systems, Siemens Electromechanical Components, Thomas & Betts Electronic OEM); 18 US facilities and 1 Asia-Pacific facility added to closure list. Corresponding increase to goodwill and deferred tax assets. | |
| 2000-12-31 | restructuring | in_progress | 247 | 2000-10-01 | 2001-09-30 | Not specified | Environmental remediation project and manufacturing plant closure | USD 18 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Fiscal 2001 charges: 247 employees added to severance reserve and 1 facility added; 52 employees and 4 facilities utilized during the quarter. Reserve balance at Dec 31, 2000: 1,825 employees, $371.0M total. Expected substantially complete within Fiscal 2001. | |
| 2000-12-31 | divestiture_reduction | completed | 2000-10-01 | Not specified | ADT Automotive (Healthcare and Specialty Products segment) | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | ADT Automotive sold to Manheim Auctions (Cox Enterprises) for approximately $1.0 billion in cash in October 2000; net gain of $410.4M. Headcount removed not disclosed. | ||||
| 2000-12-31 | acquisition_addition | announced | 2001-01-05 | Not specified | Fire and Security Services | USD 1,150 (millions) | subsequent_events f5-10q / MiMo-V2.6-Flash-fp8-HTML | Simplex Time Recorder Co. acquired for approximately $1.15 billion in cash; accounted for as a purchase. Headcount added not disclosed. | |||
| 2000-12-31 | acquisition_addition | announced | 2001-02-05 | Not specified | Fire and Security Services | USD 400 (millions) | subsequent_events f5-10q / MiMo-V2.6-Flash-fp8-HTML | Definitive merger agreement to acquire Scott Technologies Inc., payable in Tyco common shares; headcount added not disclosed. | |||
| 2000-12-31 | restructuring | in_progress | 1,180 | 2000-10-01 | United States | Manufacturing, distribution, administrative, sales, marketing, technical | USD 100 (millions) | business_combinations_footnote f5-10q / Qwen3.6-27B-Q8_0 | Related to Fiscal 2001 acquisitions (Mallinckrodt, CIGI, InnerDyne, LPS). Part of aggregate 1,737 positions. | ||
| 2000-12-31 | restructuring | in_progress | 318 | 2000-10-01 | Europe | Manufacturing, distribution, administrative, sales, marketing, technical | business_combinations_footnote f5-10q / Qwen3.6-27B-Q8_0 | Related to Fiscal 2001 acquisitions. | |||
| 2000-12-31 | restructuring | in_progress | 182 | 2000-10-01 | Asia-Pacific | Manufacturing, distribution, administrative, sales, marketing, technical | business_combinations_footnote f5-10q / Qwen3.6-27B-Q8_0 | Related to Fiscal 2001 acquisitions. | |||
| 2000-12-31 | restructuring | in_progress | 57 | 2000-10-01 | Canada and Latin America | Manufacturing, distribution, administrative, sales, marketing, technical | business_combinations_footnote f5-10q / Qwen3.6-27B-Q8_0 | Related to Fiscal 2001 acquisitions. | |||
| 2000-12-31 | restructuring | in_progress | 869 | 2000-10-01 | United States, Europe, Asia-Pacific | Manufacturing plants, administrative offices | USD 18 (millions) | business_combinations_footnote f5-10q / Qwen3.6-27B-Q8_0 | Changes in estimates for Fiscal 2000 acquisitions (AFC Cable, Siemens EC, Thomas & Betts). | ||
| 2000-12-31 | restructuring | in_progress | 247 | 2000-10-01 | USD 5 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Fiscal 2001 charges primarily related to environmental remediation and manufacturing plant closure. | ||||
| 2000-12-31 | plant_closure | in_progress | 2000-10-01 | Europe, Asia-Pacific, United States, Canada and Latin America | Sales offices, manufacturing plants, administrative offices | USD 42 (millions) | business_combinations_footnote f5-10q / Qwen3.6-27B-Q8_0 | Closure of 44 facilities related to Fiscal 2001 acquisitions. | |||
| 2000-12-31 | plant_closure | in_progress | 2000-10-01 | United States, Asia-Pacific | Manufacturing plants, administrative offices | USD 9 (millions) | business_combinations_footnote f5-10q / Qwen3.6-27B-Q8_0 | 19 additional facilities designated for closure related to Fiscal 2000 acquisitions. | |||
| 2000-12-31 | plant_closure | in_progress | 2000-10-01 | Manufacturing plant | USD 1 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Closure of a manufacturing plant included in Fiscal 2001 charges. | ||||
| 2000-09-30 | restructuring | in_progress | 941 | Primarily Brazil | Electronics | USD 5 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | FY2000 restructuring related to AMP's Brazilian operations and wireless communications business; 941 positions eliminated, 97 terminated during FY2000, 844 remaining at year-end; 3 facilities closed; total charge $16.9M including $4.9M severance, $4.8M facilities, $7.2M other | |||
| 2000-09-30 | restructuring | in_progress | 7,215 | Global | Multiple segments | USD 243 (millions) | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | FY2000 purchase accounting integration for acquisitions of GSI, AFC Cable, Siemens EC, Praegitzer, Critchley and T&B Electronic OEM; 7,215 positions and 102 facilities planned; 4,023 employees terminated and 53 facilities closed during FY2000; 3,192 positions and 49 facilities remaining at year-end; $243.0M severance reserve treated as purchase accounting consideration increasing goodwill, not a P&L charge; expected substantially complete within one year of plan finalization | |||
| 2000-09-30 | restructuring | in_progress | 1,969 | Primarily Asia-Pacific and United States | Multiple segments | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | FY2000 activity within FY1999 purchase accounting program (Raychem and other FY1999 acquisitions); 1,969 employees terminated and 81 facilities closed during FY2000; $158.6M severance reserve utilized; original program established 5,620 positions and 183 facilities; 1,135 positions and 27 facilities remaining at year-end | ||||
| 2000-09-30 | restructuring | in_progress | 1,662 | United States and Europe | Electronics | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | FY2000 activity within FY1999 AMP merger restructuring program; 1,662 employees terminated and 17 facilities closed during FY2000; $7.9M severance utilized; original program eliminated 16,139 positions and 87 facilities; 692 positions and 11 facilities remaining at year-end | ||||
| 2000-09-30 | restructuring | in_progress | 91 | United States and Europe | Healthcare and Specialty Products | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | FY2000 activity within FY1999 USSC merger restructuring program; 91 employees terminated and 17 facilities closed during FY2000; $14.8M severance utilized; original program eliminated 1,467 positions and 45 facilities; 94 positions and 7 facilities remaining at year-end | ||||
| 2000-09-30 | divestiture_reduction | completed | 2000-01-13 | 2000-10-06 | Healthcare and Specialty Products | subsequent_events f5-10k / MiMo-V2.6-Flash-fp8-HTML | ADT Automotive auto redistribution business sold to Manheim Auctions, Inc. for approximately $1 billion in cash; expected one-time pre-tax gain in excess of $300 million in Q1 FY2001; headcount not disclosed | ||||
| 2000-09-30 | acquisition_addition | completed | 13,000 | 2000-06-28 | 2000-10-17 | Healthcare and Specialty Products | subsequent_events f5-10k / MiMo-V2.6-Flash-fp8-HTML | Mallinckrodt Inc. acquired October 17, 2000; approximately 13,000 persons; 64.8 million common shares issued valued at approximately $3.2 billion and approximately $1.0 billion in debt assumed; headcount figure from Item 1 | |||
| 2000-09-30 | acquisition_addition | announced | 2000-10-04 | Healthcare and Specialty Products | subsequent_events f5-10k / MiMo-V2.6-Flash-fp8-HTML | InnerDyne, Inc. — manufacturer of radial dilating access devices for minimally invasive surgery; purchase price approximately $180 million payable in Tyco common shares; headcount not disclosed | |||||
| 2000-09-30 | acquisition_addition | announced | 2000-11-13 | Electronics | subsequent_events f5-10k / MiMo-V2.6-Flash-fp8-HTML | Lucent Power Systems business unit of Lucent Technologies for $2.5 billion in cash; subject to customary regulatory approvals; headcount not disclosed | |||||
| 2000-09-30 | acquisition_addition | announced | 2000-12-04 | Fire and Security Services | subsequent_events f5-10k / MiMo-V2.6-Flash-fp8-HTML | Simplex Time Recorder Co. for approximately $1.15 billion in cash; manufactures fire and security products; subject to customary regulatory approvals; headcount not disclosed | |||||
| 2000-09-30 | restructuring | completed | 4,023 | 2000-10-01 | 2000-09-30 | Global | Electronics, Healthcare, Flow Control, Fire & Security | USD 243 (millions) | restructuring_footnote f5-10k / Qwen3.6-27B-Q8_0 | Severance related to Fiscal 2000 purchase acquisitions. 4,023 employees terminated as of Sept 30, 2000. | |
| 2000-09-30 | restructuring | completed | 1,969 | 1999-10-01 | 2000-09-30 | Global | Electronics, Healthcare | USD 159 (millions) | restructuring_footnote f5-10k / Qwen3.6-27B-Q8_0 | Severance related to Fiscal 1999 purchase acquisitions. 1,969 employees terminated in Fiscal 2000. | |
| 2000-09-30 | restructuring | completed | 941 | 2000-10-01 | 2000-09-30 | Brazil | Electronics | USD 5 (millions) | restructuring_footnote f5-10k / Qwen3.6-27B-Q8_0 | Restructuring activities in AMP's Brazilian operations. 97 employees terminated as of Sept 30, 2000. | |
| 2000-09-30 | restructuring | completed | 16,139 | 1999-04-02 | 2000-09-30 | Global | Electronics | USD 434 (millions) | restructuring_footnote f5-10k / Qwen3.6-27B-Q8_0 | Merger with AMP and AMP profit improvement plan. 10,072 employees terminated as of Sept 30, 2000. | |
| 2000-09-30 | restructuring | completed | 1,467 | 1998-10-01 | 2000-09-30 | Global | Healthcare | USD 125 (millions) | restructuring_footnote f5-10k / Qwen3.6-27B-Q8_0 | Merger with USSC. 1,373 employees terminated as of Sept 30, 2000. | |
| 2000-09-30 | acquisition_addition | completed | 13,000 | 2000-10-17 | 2000-10-17 | Global | Healthcare | subsequent_events f5-10k / Qwen3.6-27B-Q8_0 | Acquisition of Mallinckrodt Inc. in October 2000. Excluded from year-end headcount. | ||
| 2000-06-30 | restructuring | in_progress | 4,215 | Europe 1,939; United States 1,670; Asia-Pacific 596; South America 10 | Fiscal 2000 acquisitions (GSI, AFC Cable, Siemens EC, Praegitzer, Critchley) | USD 186 (millions) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Severance reserve for fiscal 2000 acquisition workforce reductions; 63 facilities designated for closure; terminations and facility consolidation expected substantially complete within two years of acquisition dates | |||
| 2000-06-30 | plant_closure | in_progress | Europe 25; United States 21; Asia-Pacific 17 | Fiscal 2000 acquisitions | USD 59 (millions) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | 63 facilities designated for closure and consolidation in connection with fiscal 2000 acquisitions; facilities reserve of $58.9 million | ||||
| 2000-06-30 | restructuring | in_progress | 601 | Primarily United States and Europe | Prior-year acquisitions, primarily Raychem (acquired August 1999) | USD 24 (millions) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Changes in estimates added $112.0 million of purchase accounting liabilities including additional 601 employee eliminations and 58 additional facilities designated for closure | |||
| 2000-06-30 | restructuring | in_progress | 926 | AMP Brazilian operations and wireless communications business; USSC suture business; USSC interventional cardiology exit | USD 5 (millions) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Fiscal 2000 restructuring charges of $35.9 million total, including $4.9 million severance, $4.8 million facilities and $26.2 million other | ||||
| 2000-06-30 | restructuring | in_progress | -3,044 | AMP merger and profit improvement plan; 1997 restructuring plans; USSC restructuring plans | USD -44 (millions) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Revisions in estimates reversed approximately 3,044 employees from restructuring plans, primarily because increased AMP product demand meant facilities would not close and employees would not be terminated | ||||
| 2000-06-30 | restructuring | in_progress | 1,770 | USD 24 (millions) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Fiscal 2000 utilization of severance reserves; 1,770 employees terminated against reserves during the nine months | |||||
| 2000-06-30 | plant_closure | in_progress | USD 70 (millions) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | 31 facilities closed or consolidated against facilities reserves during the nine months ended June 30, 2000 | ||||||
| 2000-06-30 | restructuring | in_progress | 1,939 | 1999-10-01 | 2001-12-31 | Europe | Multiple segments (fiscal 2000 acquisitions) | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Part of 4,215 total positions planned for elimination across fiscal 2000 acquisitions; total severance reserve for all geographies was $186.1M. Plans formulated at each acquisition date (Nov 1999–Mar 2000). 2,527 employees terminated overall as of 2000-06-30. | ||
| 2000-06-30 | restructuring | in_progress | 1,670 | 1999-10-01 | 2001-12-31 | United States | Multiple segments (fiscal 2000 acquisitions) | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Part of 4,215 total positions planned for elimination across fiscal 2000 acquisitions; total severance reserve for all geographies was $186.1M. | ||
| 2000-06-30 | restructuring | in_progress | 596 | 1999-10-01 | 2001-12-31 | Asia-Pacific | Multiple segments (fiscal 2000 acquisitions) | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Part of 4,215 total positions planned for elimination across fiscal 2000 acquisitions; total severance reserve for all geographies was $186.1M. | ||
| 2000-06-30 | restructuring | in_progress | 10 | 1999-10-01 | 2001-12-31 | South America | Multiple segments (fiscal 2000 acquisitions) | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Part of 4,215 total positions planned for elimination across fiscal 2000 acquisitions; total severance reserve for all geographies was $186.1M. | ||
| 2000-06-30 | restructuring | in_progress | 601 | 1999-10-01 | 2001-12-31 | United States and Europe | Manufacturing and administrative (primarily Raychem and other fiscal 1999 acquisitions) | USD 24 (millions) | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Additional positions added via changes in estimates during nine months ended 2000-06-30, primarily tied to finalizing exit plans for Raychem (acquired Aug 1999). | |
| 2000-06-30 | restructuring | in_progress | 926 | 1999-10-01 | 2000-12-31 | Multiple (Brazil, United States, Europe) | AMP Brazilian operations and wireless communications; USSC suture business; USSC interventional cardiology | USD 5 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Fiscal 2000 restructuring charges per reserve roll-forward. Total restructuring charge for the period was $35.9M (severance $4.9M, facilities $4.8M, other $26.2M). Company expects restructuring substantially complete by end of calendar 2000. | |
| 2000-06-30 | restructuring | in_progress | 1,939 | Europe | Manufacturing, distribution, administrative, sales, marketing, technical | business_combinations_footnote f5-10q / Qwen3.6-27B-Q8_0 | Positions eliminated related to fiscal 2000 acquisitions. Total reserve for severance is $188.8 million. | ||||
| 2000-06-30 | restructuring | in_progress | 1,670 | United States | Manufacturing, distribution, administrative, sales, marketing, technical | business_combinations_footnote f5-10q / Qwen3.6-27B-Q8_0 | Positions eliminated related to fiscal 2000 acquisitions. | ||||
| 2000-06-30 | restructuring | in_progress | 596 | Asia-Pacific | Manufacturing, distribution, administrative, sales, marketing, technical | business_combinations_footnote f5-10q / Qwen3.6-27B-Q8_0 | Positions eliminated related to fiscal 2000 acquisitions. | ||||
| 2000-06-30 | restructuring | in_progress | 10 | South America | Manufacturing, distribution, administrative, sales, marketing, technical | business_combinations_footnote f5-10q / Qwen3.6-27B-Q8_0 | Positions eliminated related to fiscal 2000 acquisitions. | ||||
| 2000-06-30 | restructuring | in_progress | 601 | United States and Europe | Manufacturing plants and administrative offices | USD 24 (millions) | business_combinations_footnote f5-10q / Qwen3.6-27B-Q8_0 | Additional employees eliminated due to changes in estimates for Raychem and other prior acquisitions. | |||
| 2000-06-30 | restructuring | in_progress | 926 | USD 5 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Fiscal 2000 restructuring charges for severance. | |||||
| 2000-06-30 | restructuring | completed | 2,527 | business_combinations_footnote f5-10q / Qwen3.6-27B-Q8_0 | Number of employees terminated related to fiscal 2000 acquisitions as of June 30, 2000. | ||||||
| 2000-06-30 | restructuring | completed | 1,770 | USD 24 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Fiscal 2000 utilization of severance reserves. | |||||
| 2000-06-30 | plant_closure | in_progress | Europe | Manufacturing plants, sales offices, administrative buildings | USD 59 (millions) | business_combinations_footnote f5-10q / Qwen3.6-27B-Q8_0 | 25 facilities designated for closure related to fiscal 2000 acquisitions. | ||||
| 2000-06-30 | plant_closure | in_progress | United States | Manufacturing plants, sales offices, administrative buildings | USD 59 (millions) | business_combinations_footnote f5-10q / Qwen3.6-27B-Q8_0 | 21 facilities designated for closure related to fiscal 2000 acquisitions. | ||||
| 2000-06-30 | plant_closure | in_progress | Asia-Pacific | Manufacturing plants, sales offices, administrative buildings | USD 59 (millions) | business_combinations_footnote f5-10q / Qwen3.6-27B-Q8_0 | 17 facilities designated for closure related to fiscal 2000 acquisitions. | ||||
| 2000-06-30 | plant_closure | completed | business_combinations_footnote f5-10q / Qwen3.6-27B-Q8_0 | 31 facilities closed or consolidated related to fiscal 2000 acquisitions as of June 30, 2000. | |||||||
| 2000-06-30 | plant_closure | in_progress | Europe | Sales and administrative offices, manufacturing plants | USD 43 (millions) | business_combinations_footnote f5-10q / Qwen3.6-27B-Q8_0 | 24 additional facilities designated for closure due to changes in estimates for prior acquisitions. | ||||
| 2000-06-30 | plant_closure | in_progress | Asia-Pacific | Sales and administrative offices, manufacturing plants | USD 43 (millions) | business_combinations_footnote f5-10q / Qwen3.6-27B-Q8_0 | 19 additional facilities designated for closure due to changes in estimates for prior acquisitions. | ||||
| 2000-06-30 | plant_closure | in_progress | United States | Sales and administrative offices, manufacturing plants | USD 43 (millions) | business_combinations_footnote f5-10q / Qwen3.6-27B-Q8_0 | 11 additional facilities designated for closure due to changes in estimates for prior acquisitions. | ||||
| 2000-06-30 | plant_closure | in_progress | South America | Sales and administrative offices, manufacturing plants | USD 43 (millions) | business_combinations_footnote f5-10q / Qwen3.6-27B-Q8_0 | 4 additional facilities designated for closure due to changes in estimates for prior acquisitions. | ||||
| 2000-06-30 | restructuring | in_progress | Brazil | AMP operations | USD 17 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Restructuring activities in AMP's Brazilian operations and wireless communications business. | ||||
| 2000-06-30 | restructuring | in_progress | USSC suture business | USD 11 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Restructuring charges related to USSC's suture business. | |||||
| 2000-06-30 | restructuring | in_progress | USSC interventional cardiology business | USD 8 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Charges related to exiting USSC interventional cardiology business. | |||||
| 2000-03-31 | restructuring | in_progress | 1,654 | 1999-11 | Europe | Fiscal 2000 acquisitions (primarily Siemens EC and Praegitzer) | business_combinations_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Part of 3,530-position plan tied to fiscal 2000 acquisitions; total severance reserve $149.6M not broken out by geography. Includes manufacturing, distribution, administrative, sales/marketing and technical personnel. | |||
| 2000-03-31 | restructuring | in_progress | 1,579 | 1999-11 | United States | Fiscal 2000 acquisitions (primarily Siemens EC and Praegitzer) | business_combinations_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Part of 3,530-position plan tied to fiscal 2000 acquisitions; total severance reserve $149.6M not broken out by geography. | |||
| 2000-03-31 | restructuring | in_progress | 287 | 1999-11 | Asia-Pacific | Fiscal 2000 acquisitions (primarily Siemens EC and Praegitzer) | business_combinations_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Part of 3,530-position plan tied to fiscal 2000 acquisitions; total severance reserve $149.6M not broken out by geography. | |||
| 2000-03-31 | restructuring | in_progress | 10 | 1999-11 | South America | Fiscal 2000 acquisitions (primarily Siemens EC and Praegitzer) | business_combinations_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Part of 3,530-position plan tied to fiscal 2000 acquisitions; total severance reserve $149.6M not broken out by geography. | |||
| 2000-03-31 | plant_closure | in_progress | 1999-11 | Europe (19), United States (15), Asia-Pacific (11) | Fiscal 2000 acquisitions (primarily Siemens EC and Praegitzer) | USD 53 (millions) | business_combinations_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Closure/consolidation of 45 facilities (manufacturing plants, sales offices, administrative buildings); facilities reserve of $53.2M recorded with fiscal 2000 acquisition reserves. | |||
| 2000-03-31 | restructuring | in_progress | 173 | United States and Europe primarily | Prior-year acquisitions, primarily Raychem (acquired August 1999) | USD 123 (millions) | business_combinations_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Changes in estimates finalizing exit plans for Raychem and other fiscal 1999 acquisitions; additional purchase accounting liabilities of $123.3M with corresponding increase in goodwill and deferred tax assets. Also adds 57 additional facility closures (20 Europe, 17 Asia-Pacific, 16 US, 4 South America). | |||
| 2000-03-31 | restructuring | in_progress | 926 | 2000-12-31 | Company-wide restructuring plans | USD 25 (millions) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Fiscal 2000 restructuring charges: $4.9M severance for 926 employees, $4.8M for 3 facilities, $15.1M other. Company anticipates restructuring activities substantially completed by end of calendar 2000. | |||
| 2000-03-31 | restructuring | in_progress | Brazil and worldwide | AMP Brazilian operations and wireless communications business (Telecommunications and Electronics) | USD 17 (millions) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Component of the $24.8M fiscal 2000 restructuring charges; $0.9M included in cost of sales. | ||||
| 2000-03-31 | restructuring | in_progress | USSC interventional cardiology business exit (Healthcare and Specialty Products) | USD 107 (millions) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Exit of USSC interventional cardiology business: $7.9M restructuring charge ($6.4M in cost of sales) plus $99.0M impairment charge primarily on goodwill and other intangible assets. | |||||
| 2000-03-31 | restructuring | completed | -3,044 | AMP merger / profit improvement plan, 1997 restructuring plans, USSC merger plan | USD -150 (millions) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Reversal of prior-year reserves: $96.5M AMP merger/profit improvement plan (company will not close several facilities or terminate ~3,000 employees due to higher-than-expected demand and acquisitions such as Siemens EC), $38.3M 1997 restructuring plans, $15.5M USSC merger plan. Negative count reflects positions no longer expected to be eliminated. | ||||
| 2000-03-31 | restructuring | in_progress | 1,654 | 1999-11-01 | 2001-12-31 | Europe | Manufacturing, distribution, administrative, sales & marketing, technical | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | FY2000 acquisition restructuring (primarily Siemens EC and Praegitzer). 19 facilities designated for closure. Total program severance reserve $149.6M, not allocated by geography. Company-wide: 1,312 employees terminated and 11 facilities closed as of March 31, 2000. Completion expected within two years of acquisition dates. | ||
| 2000-03-31 | restructuring | in_progress | 1,579 | 1999-11-01 | 2001-12-31 | United States | Manufacturing, distribution, administrative, sales & marketing, technical | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | FY2000 acquisition restructuring (primarily Siemens EC and Praegitzer). 15 facilities designated for closure. Total program severance reserve $149.6M, not allocated by geography. | ||
| 2000-03-31 | restructuring | in_progress | 287 | 1999-11-01 | 2001-12-31 | Asia-Pacific | Manufacturing, distribution, administrative, sales & marketing, technical | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | FY2000 acquisition restructuring (primarily Siemens EC and Praegitzer). 11 facilities designated for closure. Total program severance reserve $149.6M, not allocated by geography. | ||
| 2000-03-31 | restructuring | in_progress | 10 | 1999-11-01 | 2001-12-31 | South America | Manufacturing, distribution, administrative, sales & marketing, technical | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | FY2000 acquisition restructuring. No facilities designated for closure in this region. Total program severance reserve $149.6M, not allocated by geography. | ||
| 2000-03-31 | restructuring | in_progress | 173 | 2000-03-31 | 2001-12-31 | Global | Multiple | USD 29 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Additional restructuring from finalizing exit plans for Raychem (acquired August 1999) and other FY1999 acquisitions. 57 additional facilities: 20 Europe, 17 Asia-Pacific, 16 US, 4 South America. Total charge $123.3M including facilities and other reserves. Exact announcement date not disclosed; occurred during six months ended March 31, 2000. | |
| 2000-03-31 | restructuring | in_progress | 926 | 2000-03-31 | 2000-12-31 | Global | AMP Brazilian operations, wireless communications, USSC interventional cardiology | USD 25 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | $16.9M related to AMP Brazilian operations and wireless communications; $7.9M related to exiting USSC interventional cardiology. 3 facilities designated for closure. Severance reserve component $4.9M. Completion expected by end of calendar 2000. Exact announcement date not disclosed. | |
| 2000-03-31 | restructuring | completed | 3,000 | 2000-03-31 | Global | AMP operations | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Reversal of prior AMP restructuring plans — approximately 3,000 employees will not be terminated and several facilities will not be closed. Driven by increased product demand and recent acquisitions such as Siemens EC. Part of $150.3M total credit from revisions (3,044 employees total across AMP, 1997, and USSC plans). Exact announcement date not disclosed. | |||
| 2000-03-31 | restructuring | in_progress | 1,654 | 2000-03-31 | Europe | Manufacturing, distribution, administrative, sales, marketing, technical | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Positions eliminated related to fiscal 2000 acquisitions (primarily Siemens EC and Praegitzer). Part of aggregate 3,530 employees. | |||
| 2000-03-31 | restructuring | in_progress | 1,579 | 2000-03-31 | United States | Manufacturing, distribution, administrative, sales, marketing, technical | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Positions eliminated related to fiscal 2000 acquisitions. Part of aggregate 3,530 employees. | |||
| 2000-03-31 | restructuring | in_progress | 287 | 2000-03-31 | Asia-Pacific | Manufacturing, distribution, administrative, sales, marketing, technical | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Positions eliminated related to fiscal 2000 acquisitions. Part of aggregate 3,530 employees. | |||
| 2000-03-31 | restructuring | in_progress | 10 | 2000-03-31 | South America | Manufacturing, distribution, administrative, sales, marketing, technical | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Positions eliminated related to fiscal 2000 acquisitions. Part of aggregate 3,530 employees. | |||
| 2000-03-31 | restructuring | in_progress | 173 | 2000-03-31 | United States and Europe | Manufacturing plants and administrative offices | USD 123 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Changes in estimates for prior acquisitions (primarily Raychem). Additional purchase accounting liabilities recorded. | ||
| 2000-03-31 | restructuring | in_progress | 926 | 2000-03-31 | Global | Various | USD 25 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Fiscal 2000 restructuring charges. Includes AMP Brazilian operations and wireless communications business, and exiting USSC interventional cardiology business. | ||
| 2000-03-31 | restructuring | completed | 1,312 | 2000-03-31 | 2000-03-31 | Global | Various | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Employees terminated related to fiscal 2000 acquisitions as of March 31, 2000. | ||
| 2000-03-31 | restructuring | completed | 1,679 | 2000-03-31 | 2000-03-31 | Global | Various | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Fiscal 2000 utilization of merger/restructuring reserves. | ||
| 1999-12-31 | restructuring | in_progress | 431 | 1999-11-01 | United States (316 positions); Europe (115 positions) | Primarily Flow Control Products and Services (AFC Cable) and Telecommunications and Electronics (Praegitzer); manufacturing, distribution, administrative, sales and marketing, and technical personnel | USD 13 (millions) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Plans formulated at acquisition dates for workforce reductions and closure/consolidation of 13 facilities (10 US, 3 Europe) tied primarily to AFC Cable and Praegitzer. At Dec 31, 1999, 124 employees terminated and 2 facilities closed or consolidated. | ||
| 1999-12-31 | restructuring | in_progress | 87 | 1999-12-31 | Europe (20 facilities), Asia-Pacific (18 facilities), United States (16 facilities), Latin America (3 facilities) | Primarily manufacturing plants and administrative offices; Raychem exit plan | USD 25 (millions) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Additional severance reserve of $24.9 million (part of $93.3 million total purchase accounting liability increase) from finalizing the Raychem exit plan; includes elimination of 87 additional employees and designation of 57 additional facilities for closure. | ||
| 1999-12-31 | restructuring | in_progress | 33 | 1999-12-31 | USSC interventional cardiology exit and AMP Brazilian operations | USD 14 (millions) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Quarterly charges of $14.4 million: $7.9 million for exiting USSC interventional cardiology business and $6.5 million for restructuring AMP's Brazilian operations. | |||
| 1999-12-31 | restructuring | in_progress | -3,044 | 1999-12-31 | Primarily AMP merger and profit improvement plan | USD -138 (millions) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Net credit of $137.6 million reversing prior restructuring accruals: $83.8 million AMP-related (Company will not close several facilities or terminate approximately 3,000 previously provided-for employees due to increased demand and acquisitions such as Siemens EC), $38.3 million for 1997 restructuring plans, and $15.5 million primarily USSC-related. | |||
| 1999-12-31 | restructuring | in_progress | 316 | 1999-11 | 2001-12-31 | United States | Primarily manufacturing and distribution, administrative, sales and marketing, and technical personnel | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Workforce reduction plan formulated at date of fiscal 2000 acquisitions (primarily AFC Cable and Praegitzer); 10 US facilities designated for closure. Total fiscal 2000 acquisition reserve of $57.4M not split by geography. 124 employees terminated and 2 facilities closed as of 1999-12-31. | ||
| 1999-12-31 | restructuring | in_progress | 115 | 1999-11 | 2001-12-31 | Europe | Primarily manufacturing and distribution, administrative, sales and marketing, and technical personnel | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Workforce reduction plan formulated at date of fiscal 2000 acquisitions; 3 European facilities designated for closure. Total fiscal 2000 acquisition reserve of $57.4M not split by geography. | ||
| 1999-12-31 | restructuring | in_progress | 87 | 1999-12 | 2001-08-31 | United States, Europe, Asia-Pacific, Latin America | Manufacturing plants and administrative/sales offices | USD 93 (millions) | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Revision to Raychem exit plan finalized during quarter; additional 57 facilities designated for closure (20 Europe, 18 Asia-Pacific, 16 US, 3 Latin America). Charge includes severance $24.9M, facilities $47.0M, other $21.4M. | |
| 1999-12-31 | restructuring | in_progress | 33 | 1999-12 | 2000-09-30 | United States, Brazil | USSC interventional cardiology exit; AMP Brazilian operations | USD 14 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | New fiscal 2000 restructuring charges: $7.9M for exiting USSC interventional cardiology business and $6.5M for AMP Brazilian operations restructuring. 2 facilities affected. | |
| 1999-12-31 | restructuring | in_progress | 1,418 | 1999-10-01 | 2001-12-31 | Multiple | Multiple segments | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Cumulative employee terminations executed during fiscal 2000 Q1 against purchase accounting reserves (including reserves from prior-year acquisitions). 61 facilities closed or consolidated during the quarter. Reserve balance decreased from 3,390 to 2,490 employees. | ||
| 1999-12-31 | restructuring | in_progress | 1,233 | 1999-10-01 | 2000-09-30 | Multiple | Multiple segments | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Cumulative employee terminations executed during fiscal 2000 Q1 against existing restructuring reserves. 13 facilities closed or consolidated. Reserve balance decreased from 7,914 to 3,670 employees. Separately, a revision of estimates removed 3,044 employees from reserves (approximately 3,000 AMP employees whose planned terminations were cancelled due to increased product demand). | ||
| 1999-12-31 | divestiture_reduction | announced | 2000-01-14 | United States | ADT Automotive (Healthcare and Specialty Products segment) | subsequent_events f5-10q / MiMo-V2.6-Flash-fp8-HTML | Agreement to sell ADT Automotive to Manheim Auctions (Cox Enterprises) for approximately $1 billion cash; expected one-time gain of approximately $300 million. No headcount disclosed. | ||||
| 1999-12-31 | restructuring | in_progress | 33 | 1999-10-01 | USD 14 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Fiscal 2000 restructuring charges. Includes $7.9M for exiting USSC interventional cardiology business and $6.5M for restructuring AMP's Brazilian operations. | ||||
| 1999-12-31 | restructuring | completed | 124 | business_combinations_footnote f5-10q / Qwen3.6-27B-Q8_0 | Employees terminated related to fiscal 2000 acquisitions (primarily AFC Cable and Praegitzer) as of December 31, 1999. | ||||||
| 1999-12-31 | restructuring | in_progress | 87 | United States and Europe | USD 93 (millions) | business_combinations_footnote f5-10q / Qwen3.6-27B-Q8_0 | Changes in estimates for Raychem Corporation exit plan. Elimination of additional 87 employees primarily in manufacturing and administrative offices. | ||||
| 1999-12-31 | restructuring | in_progress | 3,000 | USD -84 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Credit representing revision of estimates for AMP merger. Company determined not to terminate approximately 3,000 employees previously planned for termination due to increased demand and recent acquisitions. | |||||
| 1999-09-30 | acquisition_addition | completed | 1998-10-01 | 1998-10-01 | United States | Healthcare and Specialty Products | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | USSC merger consummated October 1, 1998; pooling of interests, headcount added not separately disclosed | |||
| 1999-09-30 | acquisition_addition | completed | 1999-04-02 | 1999-04-02 | United States | Telecommunications and Electronics | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | AMP merger consummated April 2, 1999; pooling of interests, headcount added not separately disclosed | |||
| 1999-09-30 | restructuring | in_progress | 16,139 | 2000-09-30 | United States, Europe, Asia-Pacific, Canada and Latin America | Telecommunications and Electronics | USD 842 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | FY1999 charges for AMP merger integration and AMP profit improvement plan; 8,410 employees terminated and 45 facilities closed during FY1999; 7,729 positions remaining at year-end; includes $433.7M severance, $171.2M facilities, $236.9M other | ||
| 1999-09-30 | restructuring | in_progress | 1,467 | 1998-10-01 | 2000-09-30 | United States, Europe, Asia-Pacific, Canada and Latin America | Healthcare and Specialty Products | USD 435 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | USSC merger integration; 1,282 employees terminated and 20 facilities closed during FY1999; 185 positions remaining at year-end; includes $124.8M severance, $51.8M facilities, $258.3M other | |
| 1999-09-30 | restructuring | in_progress | 5,620 | 2001-09-30 | United States, Europe, Asia-Pacific, Canada and Latin America | Multiple segments (purchase acquisitions) | USD 234 (millions) | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Purchase accounting severance for FY1999 acquisitions (Graphic Controls, Entergy, Alarmguard, Glynwed, Temasa, Raychem); 3,230 employees terminated during FY1999; 2,390 remaining at year-end; positions: 3,440 US, 1,220 Europe, 730 Asia-Pacific, 230 Canada/Latin America | ||
| 1999-09-30 | plant_closure | in_progress | 2001-09-30 | United States, Europe, Asia-Pacific, Canada and Latin America | Multiple segments (purchase acquisitions) | USD 175 (millions) | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | 183 facilities designated for closure (78 Asia-Pacific, 67 US, 27 Europe, 11 Canada/Latin America); 95 closed during FY1999; 88 remaining at year-end; employee headcount attributed to closures not separately disclosed from severance | |||
| 1999-09-30 | divestiture_reduction | completed | 1999-07-20 | 1999-08-31 | United States | Flow Control Products | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Sale of Mueller Company and portions of Grinnell Supply Sales & Manufacturing; net proceeds approximately $926.8M; headcount removed not disclosed | |||
| 1999-09-30 | acquisition_addition | completed | 1999-11-22 | 1999-11-22 | United States | Flow Control Products | subsequent_events f5-10k / MiMo-V2.6-Flash-fp8-HTML | AFC Cable Systems acquired November 22, 1999; 12.8 million Tyco shares issued valued at approximately $562.6M; headcount not disclosed | |||
| 1999-09-30 | acquisition_addition | completed | 1999-11-23 | 1999-11-23 | Germany | Telecommunications and Electronics | subsequent_events f5-10k / MiMo-V2.6-Flash-fp8-HTML | Siemens Electromechanical Components acquired from Siemens AG for approximately $1.1 billion cash; annual sales approximately $900M; headcount not disclosed | |||
| 1999-09-30 | restructuring | in_progress | 16,139 | 1999-04-02 | 2000-09-30 | Global | Telecommunications and Electronics | USD 434 (millions) | restructuring_footnote f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML | Workforce reductions associated with AMP merger and profit improvement plan. Includes 8,585 US, 4,216 Europe, 2,019 Asia-Pacific, 1,319 Canada/Latin America positions. Enhanced pension costs of $136.2M included. | |
| 1999-09-30 | restructuring | in_progress | 1,467 | 1998-10-01 | 2000-09-30 | Global | Healthcare and Specialty Products | USD 125 (millions) | restructuring_footnote f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML | Workforce reductions associated with USSC merger. Includes 932 US, 470 Europe, 34 Canada/Latin America, 31 Asia-Pacific positions. | |
| 1999-09-30 | restructuring | completed | 2,700 | 1998-10-01 | 1999-09-30 | Global | Telecommunications and Electronics | USD 172 (millions) | restructuring_footnote f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML | AMP profit improvement plan staff reductions (voluntary retirement and involuntary termination). Substantially completed by Sept 30, 1999. | |
| 1999-09-30 | restructuring | completed | 4,000 | 1997-07-02 | 1999-09-30 | Global | Multiple Segments | USD 130 (millions) | restructuring_footnote f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML | Workforce reductions associated with ADT/Former Tyco/Keystone/Inbrand mergers. Substantially complete. | |
| 1999-09-30 | restructuring | completed | 5 | 1997-01-01 | 1998-09-30 | Global | Healthcare and Specialty Products | USD 6 (millions) | restructuring_footnote f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML | USSC restructuring charges for employee severance. Substantially completed during Fiscal 1998. | |
| 1999-09-30 | acquisition_addition | completed | 1999-08-12 | 1999-08-12 | Global | Telecommunications and Electronics | business_combinations_footnote f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML | Acquisition of Raychem Corporation. Specific headcount not disclosed, but integration plans for workforce reductions detailed in Note 16. | |||
| 1999-09-30 | acquisition_addition | completed | 1998-10-01 | 1998-10-01 | Global | Healthcare and Specialty Products | business_combinations_footnote f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML | Merger with United States Surgical Corporation (USSC). Specific headcount not disclosed. | |||
| 1999-09-30 | acquisition_addition | completed | 1999-04-02 | 1999-04-02 | Global | Telecommunications and Electronics | business_combinations_footnote f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML | Merger with AMP Incorporated. Specific headcount not disclosed. | |||
| 1999-09-30 | restructuring | in_progress | 16,139 | 1999-04-02 | 2000-09-30 | Global | Telecommunications and Electronics | USD 434 (millions) | restructuring_footnote f5-10k / Qwen3.6-27B-Q8_0 | Related to AMP merger and profit improvement plan. Includes 8,585 US, 4,216 Europe, 2,019 Asia-Pacific, 1,319 Canada/Latin America positions. 8,410 terminated by year-end. | |
| 1999-09-30 | restructuring | in_progress | 1,467 | 1998-10-01 | 2000-09-30 | Global | Healthcare and Specialty Products | USD 125 (millions) | restructuring_footnote f5-10k / Qwen3.6-27B-Q8_0 | Related to USSC merger. Includes 932 US, 470 Europe, 34 Canada/Latin America, 31 Asia-Pacific positions. 1,282 terminated by year-end. | |
| 1999-09-30 | acquisition_addition | completed | 1999-08-12 | Global | Telecommunications and Electronics | business_combinations_footnote f5-10k / Qwen3.6-27B-Q8_0 | Acquisition of Raychem Corporation. Specific headcount not disclosed in total, but integration costs and severance for 5,620 employees from various FY99 acquisitions are detailed. | ||||
| 1999-09-30 | restructuring | in_progress | 5,620 | 1999-01-01 | 2001-09-30 | Global | Various | USD 234 (millions) | business_combinations_footnote f5-10k / Qwen3.6-27B-Q8_0 | Purchase accounting liabilities for FY1999 acquisitions (including Raychem, Graphic Controls, etc.). 3,230 employees terminated by year-end. Expected completion within two years of acquisition. | |
| 1999-09-30 | restructuring | in_progress | 16,139 | 1999-04-02 | United States (8,585); Europe (4,216); Asia-Pacific (2,019); Canada and Latin America (1,319) | Telecommunications and Electronics | USD 434 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | AMP merger integration and profit improvement plan. 8,410 employees terminated and 45 of 87 facilities closed by 1999-09-30; 7,729 positions and $74.5M severance reserve remaining. Includes $136.2M enhanced pension/post-retirement benefits for terminated employees. Expected substantially complete within Fiscal 2000. | ||
| 1999-09-30 | restructuring | in_progress | 1,467 | 1998-10-01 | United States (932); Europe (470); Canada and Latin America (34); Asia-Pacific (31) | Healthcare and Specialty Products | USD 125 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | USSC merger integration. 1,282 employees terminated and 20 of 45 facilities closed by 1999-09-30; 185 positions and $25.5M severance reserve remaining. Expected substantially complete within Fiscal 2000. | ||
| 1999-09-30 | restructuring | in_progress | 5,620 | Global (3,440 U.S.; 1,220 Europe; 730 Asia-Pacific; 230 Canada and Latin America) | Multiple segments — purchase acquisitions (Graphic Controls, Entergy, Alarmguard, Glynwed, Temasa, Raychem) | USD 234 (millions) | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Purchase accounting severance reserve for Fiscal 1999 acquisitions. 3,230 employees terminated and 95 of 183 facilities closed by 1999-09-30; 2,390 positions and $178.4M reserve remaining. Expected substantially complete within two years of acquisition dates. | |||
| 1999-09-30 | plant_closure | in_progress | United States (67); Asia-Pacific (78); Europe (27); Canada and Latin America (11) | Multiple segments — purchase acquisitions | USD 175 (millions) | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Facility shutdown/consolidation reserve for Fiscal 1999 purchase acquisitions; 95 of 183 facilities closed by 1999-09-30; $126.6M reserve remaining. | ||||
| 1999-09-30 | plant_closure | in_progress | 1999-04-02 | United States (60); Europe (16); Asia-Pacific (6); Canada and Latin America (5) | Telecommunications and Electronics | USD 69 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | AMP merger facility closures; 45 of 87 facilities closed by 1999-09-30; $53.2M reserve remaining. Includes $18.3M inventory write-down in cost of sales. | |||
| 1999-09-30 | plant_closure | in_progress | 1998-10-01 | Europe (25); United States (9); Asia-Pacific (8); Canada and Latin America (3) | Healthcare and Specialty Products | USD 52 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | USSC merger facility closures; 20 of 45 facilities closed by 1999-09-30; $33.5M reserve remaining. | |||
| 1999-09-30 | acquisition_addition | completed | 1999-04-02 | 1999-04-02 | Global | Telecommunications and Electronics | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | AMP Incorporated merger completed 1999-04-02; approximately 329.2 million Tyco shares issued. Headcount added not disclosed. | |||
| 1999-09-30 | acquisition_addition | completed | 1998-10-01 | 1998-10-01 | Global | Healthcare and Specialty Products | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | United States Surgical Corporation merger completed 1998-10-01; approximately 118.4 million Tyco shares issued. Headcount added not disclosed. | |||
| 1999-09-30 | acquisition_addition | completed | 1999-08-18 | 1999-08-18 | Global | Telecommunications and Electronics | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Raychem Corporation acquired for ~$1,445.9M cash plus 32.4M shares (~$1,449.6M) and ~$580.8M debt assumed. Headcount added not disclosed. | |||
| 1999-09-30 | divestiture_reduction | completed | Primarily United States | Flow Control Products; Healthcare and Specialty Products | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Fiscal 1999 divestitures including The Mueller Company and portions of Grinnell Supply Sales and Manufacturing; net proceeds ~$926.8M. Headcount removed not disclosed. | |||||
| 1999-09-30 | voluntary_separation | completed | Global | Telecommunications and Electronics (AMP) | USD 138 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | AMP voluntary early retirement program offered in fourth quarter of Fiscal 1998 (prior fiscal year); cost recorded as part of AMP's fourth quarter restructuring charge. Included here for context only — charge belongs to FY1998. | ||||
| 1999-09-30 | restructuring | in_progress | 16,139 | 1999-04-02 | 2000-09-30 | Global | Telecommunications and Electronics (AMP) | USD 434 (millions) | restructuring_footnote f5-10k / Qwen3.6-27B-Q8_0 | Workforce reductions related to AMP merger and profit improvement plan. Includes 8,585 US, 4,216 Europe, 2,019 Asia-Pacific, and 1,319 Canada/Latin America positions. 8,410 terminated by year-end. | |
| 1999-09-30 | restructuring | in_progress | 1,467 | 1998-10-01 | 2000-09-30 | Global | Healthcare and Specialty Products (USSC) | USD 125 (millions) | restructuring_footnote f5-10k / Qwen3.6-27B-Q8_0 | Workforce reductions related to USSC merger. Includes 932 US, 470 Europe, 34 Canada/Latin America, and 31 Asia-Pacific positions. 1,282 terminated by year-end. | |
| 1999-09-30 | acquisition_addition | completed | 1999-04-02 | Global | Telecommunications and Electronics | business_combinations_footnote f5-10k / Qwen3.6-27B-Q8_0 | Merger with AMP Incorporated. Headcount added not explicitly quantified in total, but subsequent restructuring reduced 16,139 positions. | ||||
| 1999-09-30 | acquisition_addition | completed | 1998-10-01 | Global | Healthcare and Specialty Products | business_combinations_footnote f5-10k / Qwen3.6-27B-Q8_0 | Merger with United States Surgical Corporation. Headcount added not explicitly quantified in total, but subsequent restructuring reduced 1,467 positions. | ||||
| 1999-09-30 | restructuring | completed | 3,440 | 1999-01-01 | 2001-09-30 | Global | Various (Purchase Accounting) | USD 234 (millions) | business_combinations_footnote f5-10k / Qwen3.6-27B-Q8_0 | Workforce reductions related to Fiscal 1999 purchase acquisitions (e.g., Graphic Controls, Entergy, Alarmguard, Glynwed, Temasa, Raychem). Includes 3,440 US, 1,220 Europe, 730 Asia-Pacific, and 230 Canada/Latin America positions. 3,230 terminated by year-end. | |
| 1999-09-30 | voluntary_separation | completed | 3,400 | 1998-10-01 | 1999-09-30 | Global | Telecommunications and Electronics (AMP) | USD 172 (millions) | restructuring_footnote f5-10k / Qwen3.6-27B-Q8_0 | AMP profit improvement plan initiated in Q4 FY1998. Included voluntary retirement and involuntary termination of approx 2,700 staff support and 700 direct manufacturing employees. | |
| 1999-06-30 | restructuring | in_progress | 7,200 | 1998-10-01 | 2000-09-30 | United States | Primarily manufacturing and distribution, R&D, technical, marketing, sales and administrative personnel (USSC and AMP mergers; AMP Profit Improvement Plan) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Part of announced workforce reductions totaling $549.8 million in severance costs across all geographies; charge not broken out by geography. Approximately 8,400 employees terminated company-wide under merger/restructuring plans as of 1999-06-30. | ||
| 1999-06-30 | restructuring | in_progress | 3,100 | 1998-10-01 | 2000-09-30 | Europe | Primarily manufacturing and distribution, R&D, technical, marketing, sales and administrative personnel (USSC and AMP mergers; AMP Profit Improvement Plan) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Part of announced workforce reductions totaling $549.8 million in severance costs across all geographies; charge not broken out by geography. | ||
| 1999-06-30 | restructuring | in_progress | 1,400 | 1998-10-01 | 2000-09-30 | Asia-Pacific | Primarily manufacturing and distribution, R&D, technical, marketing, sales and administrative personnel (USSC and AMP mergers; AMP Profit Improvement Plan) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Part of announced workforce reductions totaling $549.8 million in severance costs across all geographies; charge not broken out by geography. | ||
| 1999-06-30 | restructuring | in_progress | 1,200 | 1998-10-01 | 2000-09-30 | Canada and Latin America | Primarily manufacturing and distribution, R&D, technical, marketing, sales and administrative personnel (USSC and AMP mergers; AMP Profit Improvement Plan) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Part of announced workforce reductions totaling $549.8 million in severance costs across all geographies; charge not broken out by geography. | ||
| 1999-06-30 | plant_closure | in_progress | 1998-10-01 | 2000-09-30 | United States | Facility shutdown and consolidation related to USSC and AMP mergers and AMP Profit Improvement Plan | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | 69 US facilities designated for shutdown/consolidation within a program of 127 facilities costing $296.4 million plus $166.4 million lease termination costs across all geographies; 47 facilities shut down company-wide as of 1999-06-30. | |||
| 1999-06-30 | plant_closure | in_progress | 1998-10-01 | 2000-09-30 | Europe | Facility shutdown and consolidation related to USSC and AMP mergers and AMP Profit Improvement Plan | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | 37 European facilities designated for shutdown/consolidation; charges not broken out by geography. | |||
| 1999-06-30 | plant_closure | in_progress | 1998-10-01 | 2000-09-30 | Asia-Pacific | Facility shutdown and consolidation related to USSC and AMP mergers and AMP Profit Improvement Plan | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | 13 Asia-Pacific facilities designated for shutdown/consolidation; charges not broken out by geography. | |||
| 1999-06-30 | plant_closure | in_progress | 1998-10-01 | 2000-09-30 | Canada and Latin America | Facility shutdown and consolidation related to USSC and AMP mergers and AMP Profit Improvement Plan | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | 8 facilities in Canada and Latin America designated for shutdown/consolidation; charges not broken out by geography. | |||
| 1999-06-30 | restructuring | in_progress | 2,100 | 1998-10-01 | United States | Primarily manufacturing and distribution, administrative, technical, and sales and marketing personnel (fiscal 1999 purchase acquisitions) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Workforce reductions planned at acquisition dates across fiscal 1999 purchase acquisitions (Graphic Controls, Entergy, Alarmguard, Glynwed, Temasa, among others); severance and related costs of $87.6 million recorded across all geographies. Approximately 930 employees terminated company-wide under acquisition plans as of 1999-06-30; completion expected within one year of each acquisition date. | |||
| 1999-06-30 | restructuring | in_progress | 700 | 1998-10-01 | Europe | Primarily manufacturing and distribution, administrative, technical, and sales and marketing personnel (fiscal 1999 purchase acquisitions) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Severance and related costs of $87.6 million recorded across all geographies; completion expected within one year of each acquisition date. | |||
| 1999-06-30 | restructuring | in_progress | 600 | 1998-10-01 | Asia-Pacific | Primarily manufacturing and distribution, administrative, technical, and sales and marketing personnel (fiscal 1999 purchase acquisitions) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Severance and related costs of $87.6 million recorded across all geographies; completion expected within one year of each acquisition date. | |||
| 1999-06-30 | restructuring | in_progress | 50 | 1998-10-01 | Canada and Latin America | Primarily manufacturing and distribution, administrative, technical, and sales and marketing personnel (fiscal 1999 purchase acquisitions) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Severance and related costs of $87.6 million recorded across all geographies; completion expected within one year of each acquisition date. | |||
| 1999-06-30 | plant_closure | in_progress | 1998-10-01 | Multiple (US, Asia-Pacific, Europe, Canada and Latin America) | Closure and consolidation of 110 facilities in connection with fiscal 1999 purchase acquisitions | USD 137 (millions) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Facility breakdown: 49 US, 33 Asia-Pacific, 19 Europe, 9 Canada/Latin America. Approximately 40 facilities closed or consolidated as of 1999-06-30; $125.5 million of shutdown/consolidation liabilities for fiscal 1999 acquisitions remained on balance sheet at 1999-06-30. | |||
| 1999-06-30 | restructuring | in_progress | 7,200 | 1998-10-01 | 2000-09-30 | United States | Manufacturing, distribution, R&D, technical, marketing, sales and administrative | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Part of merger/restructuring program for USSC and AMP mergers. Aggregate program cost of announced workforce reductions was $549.8M across all geographies; charge not broken out by geography. Cumulative terminations across all geographies reached ~8,400 by 1999-06-30. | ||
| 1999-06-30 | restructuring | in_progress | 3,100 | 1998-10-01 | 2000-09-30 | Europe | Manufacturing, distribution, R&D, technical, marketing, sales and administrative | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Part of merger/restructuring program for USSC and AMP mergers. Aggregate program cost of announced workforce reductions was $549.8M across all geographies; charge not broken out by geography. | ||
| 1999-06-30 | restructuring | in_progress | 1,400 | 1998-10-01 | 2000-09-30 | Asia-Pacific | Manufacturing, distribution, R&D, technical, marketing, sales and administrative | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Part of merger/restructuring program for USSC and AMP mergers. Aggregate program cost of announced workforce reductions was $549.8M across all geographies; charge not broken out by geography. | ||
| 1999-06-30 | restructuring | in_progress | 1,200 | 1998-10-01 | 2000-09-30 | Canada and Latin America | Manufacturing, distribution, R&D, technical, marketing, sales and administrative | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Part of merger/restructuring program for USSC and AMP mergers. Aggregate program cost of announced workforce reductions was $549.8M across all geographies; charge not broken out by geography. | ||
| 1999-06-30 | plant_closure | in_progress | 1998-10-01 | 2000-09-30 | United States | Manufacturing plants, sales offices, administration buildings, distribution centers | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Shutdown and consolidation of 69 facilities in the US as part of merger/restructuring program. Aggregate facility combination cost was $296.4M across all geographies. 47 facilities total had been shut down by 1999-06-30 across all geographies. | |||
| 1999-06-30 | plant_closure | in_progress | 1998-10-01 | 2000-09-30 | Europe | Manufacturing plants, sales offices, administration buildings, distribution centers | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Shutdown and consolidation of 37 facilities in Europe as part of merger/restructuring program. Aggregate facility combination cost was $296.4M across all geographies. | |||
| 1999-06-30 | plant_closure | in_progress | 1998-10-01 | 2000-09-30 | Asia-Pacific | Manufacturing plants, sales offices, administration buildings, distribution centers | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Shutdown and consolidation of 13 facilities in Asia-Pacific as part of merger/restructuring program. Aggregate facility combination cost was $296.4M across all geographies. | |||
| 1999-06-30 | plant_closure | in_progress | 1998-10-01 | 2000-09-30 | Canada and Latin America | Manufacturing plants, sales offices, administration buildings, distribution centers | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Shutdown and consolidation of 8 facilities in Canada and Latin America as part of merger/restructuring program. Aggregate facility combination cost was $296.4M across all geographies. | |||
| 1999-06-30 | restructuring | in_progress | 2,100 | 1998-10-01 | 2000-05-31 | United States | Manufacturing and distribution, administrative, technical, sales and marketing | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Purchase-accounting restructuring for fiscal 1999 acquisitions (Graphic Controls, Entergy, Alarmguard, Glynwed, Temasa). Aggregate severance charge was $87.6M across all geographies; charge not broken out by geography. ~930 employees terminated across all geographies by 1999-06-30. Expected substantially complete within one year of each acquisition date. | ||
| 1999-06-30 | restructuring | in_progress | 700 | 1998-10-01 | 2000-05-31 | Europe | Manufacturing and distribution, administrative, technical, sales and marketing | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Purchase-accounting restructuring for fiscal 1999 acquisitions. Aggregate severance charge was $87.6M across all geographies; charge not broken out by geography. | ||
| 1999-06-30 | restructuring | in_progress | 600 | 1998-10-01 | 2000-05-31 | Asia-Pacific | Manufacturing and distribution, administrative, technical, sales and marketing | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Purchase-accounting restructuring for fiscal 1999 acquisitions. Aggregate severance charge was $87.6M across all geographies; charge not broken out by geography. | ||
| 1999-06-30 | restructuring | in_progress | 50 | 1998-10-01 | 2000-05-31 | Canada and Latin America | Manufacturing and distribution, administrative, technical, sales and marketing | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Purchase-accounting restructuring for fiscal 1999 acquisitions. Aggregate severance charge was $87.6M across all geographies; charge not broken out by geography. | ||
| 1999-06-30 | plant_closure | in_progress | 1998-10-01 | 2000-05-31 | United States | Acquired facilities | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Closure/consolidation of 49 acquired facilities in the US. Aggregate facility shutdown charge was $136.5M across all geographies. 40 facilities total closed across all geographies by 1999-06-30. | |||
| 1999-06-30 | plant_closure | in_progress | 1998-10-01 | 2000-05-31 | Asia-Pacific | Acquired facilities | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Closure/consolidation of 33 acquired facilities in Asia-Pacific. Aggregate facility shutdown charge was $136.5M across all geographies. | |||
| 1999-06-30 | plant_closure | in_progress | 1998-10-01 | 2000-05-31 | Europe | Acquired facilities | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Closure/consolidation of 19 acquired facilities in Europe. Aggregate facility shutdown charge was $136.5M across all geographies. | |||
| 1999-06-30 | plant_closure | in_progress | 1998-10-01 | 2000-05-31 | Canada and Latin America | Acquired facilities | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Closure/consolidation of 9 acquired facilities in Canada and Latin America. Aggregate facility shutdown charge was $136.5M across all geographies. | |||
| 1999-06-30 | acquisition_addition | completed | 1999-04-02 | 1999-04-02 | Global | Electrical and Electronic Components | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | AMP Incorporated merger completed 1999-04-02; ~164.6 million Tyco shares issued to AMP shareholders. Headcount added not disclosed. | |||
| 1999-06-30 | acquisition_addition | completed | 1998-10-01 | 1998-10-01 | Global | Healthcare and Specialty Products | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | United States Surgical Corporation merger completed 1998-10-01; ~59.2 million Tyco shares issued to USSC shareholders. Headcount added not disclosed. | |||
| 1999-06-30 | acquisition_addition | completed | 1998-10-01 | 1999-05-31 | Global | All four segments | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Fiscal 1999 purchase acquisitions totaling $2.93B net across all four segments, including Graphic Controls, Entergy Security, Alarmguard, Glynwed metals division, and Temasa. Headcount added not disclosed. | |||
| 1999-06-30 | divestiture_reduction | announced | 1999-07-01 | 1999-08-31 | Global | Flow Control Products | subsequent_events f5-10q / MiMo-V2.6-Flash-fp8-HTML | Agreement to sell certain flow control operations for ~$810.0M cash, expected to close August 1999. Headcount affected not disclosed. | |||
| 1999-06-30 | restructuring | in_progress | 7,200 | 1999-06-30 | 2000-09-30 | United States | Multiple segments (Healthcare, Fire & Security, Flow Control, Electrical & Electronic) | USD 550 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Part of aggregate $1.26B charges for nine months ended June 30, 1999. Includes workforce reductions related to AMP and USSC mergers. Completion expected within fiscal 2000. | |
| 1999-06-30 | restructuring | in_progress | 3,100 | 1999-06-30 | 2000-09-30 | Europe | Multiple segments | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Workforce reductions associated with AMP and USSC mergers. | ||
| 1999-06-30 | restructuring | in_progress | 1,400 | 1999-06-30 | 2000-09-30 | Asia-Pacific | Multiple segments | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Workforce reductions associated with AMP and USSC mergers. | ||
| 1999-06-30 | restructuring | in_progress | 1,200 | 1999-06-30 | 2000-09-30 | Canada and Latin America | Multiple segments | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Workforce reductions associated with AMP and USSC mergers. | ||
| 1999-06-30 | restructuring | in_progress | 2,100 | 1999-06-30 | 2000-06-30 | United States | Multiple segments (Acquisition-related) | USD 67 (millions) | business_combinations_footnote f5-10q / Qwen3.6-27B-Q8_0 | Workforce reductions related to fiscal 1999 purchase acquisitions (Graphic Controls, Entergy, Alarmguard, Glynwed, Temasa). Severance liability remaining at June 30, 1999. | |
| 1999-06-30 | restructuring | in_progress | 700 | 1999-06-30 | 2000-06-30 | Europe | Multiple segments (Acquisition-related) | business_combinations_footnote f5-10q / Qwen3.6-27B-Q8_0 | Workforce reductions related to fiscal 1999 purchase acquisitions. | ||
| 1999-06-30 | restructuring | in_progress | 600 | 1999-06-30 | 2000-06-30 | Asia-Pacific | Multiple segments (Acquisition-related) | business_combinations_footnote f5-10q / Qwen3.6-27B-Q8_0 | Workforce reductions related to fiscal 1999 purchase acquisitions. | ||
| 1999-06-30 | restructuring | in_progress | 50 | 1999-06-30 | 2000-06-30 | Canada and Latin America | Multiple segments (Acquisition-related) | business_combinations_footnote f5-10q / Qwen3.6-27B-Q8_0 | Workforce reductions related to fiscal 1999 purchase acquisitions. | ||
| 1999-06-30 | plant_closure | in_progress | 1999-06-30 | 2000-09-30 | United States | Multiple segments | USD 296 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Shutdown and consolidation of 69 facilities in US, 37 in Europe, 13 in Asia-Pacific, and 8 in Canada/Latin America. Total facility closure costs $296.4M. | ||
| 1999-06-30 | plant_closure | in_progress | 1999-06-30 | 2000-06-30 | United States | Multiple segments (Acquisition-related) | USD 126 (millions) | business_combinations_footnote f5-10q / Qwen3.6-27B-Q8_0 | Shutdown and consolidation of 49 facilities in US, 33 in Asia-Pacific, 19 in Europe, and 9 in Canada/Latin America related to fiscal 1999 acquisitions. Liability remaining at June 30, 1999. | ||
| 1999-03-31 | restructuring | in_progress | 552 | 1998-10-01 | 1999-12-31 | United States | Healthcare and Specialty Products (USSC disposable medical products integration) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Workforce reductions of 552 US positions as part of combining USSC disposable medical products business with Tyco's; part of $124.8M total severance charge across geographies. Approximately 603 employees terminated at March 31, 1999 across the program. | ||
| 1999-03-31 | restructuring | in_progress | 251 | 1998-10-01 | 1999-12-31 | Europe | Healthcare and Specialty Products (USSC disposable medical products integration) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Part of $124.8M severance charge for elimination of approximately 861 positions across geographies. | ||
| 1999-03-31 | restructuring | in_progress | 31 | 1998-10-01 | 1999-12-31 | Asia Pacific | Healthcare and Specialty Products (USSC disposable medical products integration) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Part of $124.8M severance charge for elimination of approximately 861 positions across geographies. | ||
| 1999-03-31 | restructuring | in_progress | 27 | 1998-10-01 | 1999-12-31 | Canada and Latin America | Healthcare and Specialty Products (USSC disposable medical products integration) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Part of $124.8M severance charge for elimination of approximately 861 positions across geographies. | ||
| 1999-03-31 | plant_closure | in_progress | 1998-10-01 | 1999-12-31 | Europe | Healthcare and Specialty Products (USSC disposable medical products integration) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Shut down and consolidation of 21 sales, manufacturing and distribution facilities in Europe; part of $51.8M facility-combination cost across geographies. | |||
| 1999-03-31 | plant_closure | in_progress | 1998-10-01 | 1999-12-31 | United States | Healthcare and Specialty Products (USSC disposable medical products integration) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Shut down and consolidation of 9 sales and administrative offices in the US; part of $51.8M facility-combination cost. | |||
| 1999-03-31 | plant_closure | in_progress | 1998-10-01 | 1999-12-31 | Asia Pacific | Healthcare and Specialty Products (USSC disposable medical products integration) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Shut down and consolidation of 7 sales and administrative offices in Asia Pacific; part of $51.8M facility-combination cost. | |||
| 1999-03-31 | plant_closure | in_progress | 1998-10-01 | 1999-12-31 | Canada and Latin America | Healthcare and Specialty Products (USSC disposable medical products integration) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Shut down and consolidation of 3 sales and administrative offices in Canada and Latin America; part of $51.8M facility-combination cost. | |||
| 1999-03-31 | restructuring | in_progress | 1,500 | 1998-10-01 | 2000-03-31 | United States | All four business segments (fiscal 1999 purchase acquisitions) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Elimination of approximately 1,500 US positions (manufacturing/distribution, administrative, technical, sales and marketing) in connection with fiscal 1999 purchase acquisitions; part of $35.8M severance charge across geographies. Approximately 365 employees terminated at March 31, 1999. | ||
| 1999-03-31 | restructuring | in_progress | 300 | 1998-10-01 | 2000-03-31 | Europe | All four business segments (fiscal 1999 purchase acquisitions) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Part of $35.8M severance charge for elimination of approximately 2,000 positions across geographies. | ||
| 1999-03-31 | restructuring | in_progress | 200 | 1998-10-01 | 2000-03-31 | Asia | All four business segments (fiscal 1999 purchase acquisitions) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Part of $35.8M severance charge for elimination of approximately 2,000 positions across geographies. | ||
| 1999-03-31 | plant_closure | in_progress | 1998-10-01 | 2000-03-31 | United States, Europe and Asia | All four business segments (fiscal 1999 purchase acquisitions) | USD 117 (millions) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Closure and consolidation of an aggregate of 130 facilities (manufacturing plants, sales offices, R&D and corporate administrative facilities); $117.3M charge recorded, $102.0M liability remaining at March 31, 1999. Approximately 35 facilities closed or relocated at March 31, 1999. | ||
| 1999-03-31 | reduction_in_force | in_progress | 552 | 1998-10-01 | 1999-12-31 | United States | Healthcare and Specialty Products (USSC disposable medical products integration) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Part of USSC merger integration; total workforce-reduction cost across all geographies was $124.8M (not allocated by geography). Primarily manufacturing, technical, sales and administrative personnel. | ||
| 1999-03-31 | reduction_in_force | in_progress | 251 | 1998-10-01 | 1999-12-31 | Europe | Healthcare and Specialty Products (USSC disposable medical products integration) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Part of USSC merger integration; total workforce-reduction cost across all geographies was $124.8M (not allocated by geography). | ||
| 1999-03-31 | reduction_in_force | in_progress | 31 | 1998-10-01 | 1999-12-31 | Asia Pacific | Healthcare and Specialty Products (USSC disposable medical products integration) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Part of USSC merger integration; total workforce-reduction cost across all geographies was $124.8M (not allocated by geography). | ||
| 1999-03-31 | reduction_in_force | in_progress | 27 | 1998-10-01 | 1999-12-31 | Canada and Latin America | Healthcare and Specialty Products (USSC disposable medical products integration) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Part of USSC merger integration; total workforce-reduction cost across all geographies was $124.8M (not allocated by geography). Approximately 603 of the ~861 positions had been terminated as of 1999-03-31. | ||
| 1999-03-31 | plant_closure | in_progress | 1998-10-01 | 1999-12-31 | Europe | Healthcare and Specialty Products (USSC integration) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | 21 sales, manufacturing and distribution facilities designated for shutdown/consolidation; part of $51.8M facility-combining cost (not allocated by geography). | |||
| 1999-03-31 | plant_closure | in_progress | 1998-10-01 | 1999-12-31 | United States | Healthcare and Specialty Products (USSC integration) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | 9 sales and administrative offices designated for shutdown/consolidation; part of $51.8M facility-combining cost (not allocated by geography). | |||
| 1999-03-31 | plant_closure | in_progress | 1998-10-01 | 1999-12-31 | Asia Pacific | Healthcare and Specialty Products (USSC integration) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | 7 sales and administrative offices designated for shutdown/consolidation; part of $51.8M facility-combining cost (not allocated by geography). | |||
| 1999-03-31 | plant_closure | in_progress | 1998-10-01 | 1999-12-31 | Canada and Latin America | Healthcare and Specialty Products (USSC integration) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | 3 sales and administrative offices designated for shutdown/consolidation; part of $51.8M facility-combining cost (not allocated by geography). | |||
| 1999-03-31 | restructuring | in_progress | 1,500 | United States | Multiple segments (fiscal 1999 purchase acquisitions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Plans formulated at the date of each fiscal 1999 acquisition (Oct 1998-Mar 1999); announcement date not specified. Total severance charge $35.8M and facility shutdown/consolidation charge $117.3M across 130 facilities, not allocated by geography. Approximately 365 employees terminated and ~35 facilities closed or relocated as of 1999-03-31; expected substantially complete within one year of each acquisition date. | ||||
| 1999-03-31 | restructuring | in_progress | 300 | Europe | Multiple segments (fiscal 1999 purchase acquisitions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Plans formulated at the date of each fiscal 1999 acquisition; announcement date not specified. Charges not allocated by geography; see Note 3 for program totals. | ||||
| 1999-03-31 | restructuring | in_progress | 200 | Asia | Multiple segments (fiscal 1999 purchase acquisitions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Plans formulated at the date of each fiscal 1999 acquisition; announcement date not specified. Charges not allocated by geography; see Note 3 for program totals. | ||||
| 1999-03-31 | acquisition_addition | completed | 1999-04-02 | 1999-04-02 | Global | Electrical and Electronic Components (connection devices) | subsequent_events f5-10q / MiMo-V2.6-Flash-fp8-HTML | Merger with AMP Incorporated consummated after quarter end; AMP had annual revenues of approximately $5.5 billion. Headcount added not disclosed; accounted for as pooling of interests. | |||
| 1999-03-31 | restructuring | in_progress | 552 | 1998-10-01 | 1999-12-31 | United States | Healthcare and Specialty Products | USD 125 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Part of USSC merger integration; 603 employees terminated total across all geographies as of March 31, 1999. | |
| 1999-03-31 | restructuring | in_progress | 251 | 1998-10-01 | 1999-12-31 | Europe | Healthcare and Specialty Products | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Part of USSC merger integration; severance costs aggregated in total charge. | ||
| 1999-03-31 | restructuring | in_progress | 31 | 1998-10-01 | 1999-12-31 | Asia Pacific | Healthcare and Specialty Products | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Part of USSC merger integration. | ||
| 1999-03-31 | restructuring | in_progress | 27 | 1998-10-01 | 1999-12-31 | Canada and Latin America | Healthcare and Specialty Products | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Part of USSC merger integration. | ||
| 1999-03-31 | restructuring | in_progress | 1,500 | 1998-10-01 | 2000-03-31 | United States | Various | USD 25 (millions) | business_combinations_footnote f5-10q / Qwen3.6-27B-Q8_0 | Related to fiscal 1999 acquisitions (Graphic Controls, Entergy, Alarmguard, Glynwed); 365 employees terminated as of March 31, 1999. | |
| 1999-03-31 | restructuring | in_progress | 300 | 1998-10-01 | 2000-03-31 | Europe | Various | business_combinations_footnote f5-10q / Qwen3.6-27B-Q8_0 | Related to fiscal 1999 acquisitions. | ||
| 1999-03-31 | restructuring | in_progress | 200 | 1998-10-01 | 2000-03-31 | Asia | Various | business_combinations_footnote f5-10q / Qwen3.6-27B-Q8_0 | Related to fiscal 1999 acquisitions. | ||
| 1999-03-31 | plant_closure | in_progress | 1998-10-01 | 1999-12-31 | Europe | Healthcare and Specialty Products | USD 52 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Shutdown and consolidation of 21 sales, manufacturing and distribution facilities as part of USSC merger. | ||
| 1999-03-31 | plant_closure | in_progress | 1998-10-01 | 1999-12-31 | United States | Healthcare and Specialty Products | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Shutdown and consolidation of 9 sales and administrative offices as part of USSC merger. | |||
| 1999-03-31 | plant_closure | in_progress | 1998-10-01 | 1999-12-31 | Asia Pacific | Healthcare and Specialty Products | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Shutdown and consolidation of 7 sales and administrative offices as part of USSC merger. | |||
| 1999-03-31 | plant_closure | in_progress | 1998-10-01 | 1999-12-31 | Canada and Latin America | Healthcare and Specialty Products | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Shutdown and consolidation of 3 sales and administrative offices as part of USSC merger. | |||
| 1999-03-31 | plant_closure | in_progress | 1998-10-01 | 2000-03-31 | Global | Various | USD 102 (millions) | business_combinations_footnote f5-10q / Qwen3.6-27B-Q8_0 | Closure and consolidation of 130 facilities related to fiscal 1999 acquisitions; 35 facilities closed or relocated as of March 31, 1999. | ||
| 1998-12-31 | restructuring | in_progress | 800 | 1998-10-01 | 1999-12-31 | United States | Healthcare and Specialty Products (USSC disposable medical products combination) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Announced workforce reductions tied to combining USSC disposable medical products business with Tyco's; part of $124.8M total severance charge split across US, Puerto Rico and Europe. Program expected substantially complete by December 31, 1999. | ||
| 1998-12-31 | restructuring | in_progress | 200 | 1998-10-01 | 1999-12-31 | Puerto Rico | Healthcare and Specialty Products (USSC disposable medical products combination) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Part of $124.8M announced workforce reduction charge; positions eliminated in Puerto Rico. | ||
| 1998-12-31 | restructuring | in_progress | 600 | 1998-10-01 | 1999-12-31 | Europe | Healthcare and Specialty Products (USSC disposable medical products combination) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Part of $124.8M announced workforce reduction charge; positions eliminated in Europe. | ||
| 1998-12-31 | plant_closure | in_progress | 1998-10-01 | 1999-12-31 | Europe | Healthcare and Specialty Products | USD 52 (millions) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Closure of 20 manufacturing and distribution facilities in Europe plus shutdown/consolidation of 30 sales and administrative offices primarily in the US and/or Europe. | ||
| 1998-12-31 | restructuring | in_progress | 1998-10-01 | 1999-12-31 | Healthcare and Specialty Products | USD 157 (millions) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Lease termination costs associated with the USSC merger restructuring. | |||
| 1998-12-31 | restructuring | in_progress | 1998-10-01 | 1999-12-31 | Healthcare and Specialty Products | USD 35 (millions) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Other costs relating to consolidation of certain product lines and other non-recurring charges. | |||
| 1998-12-31 | restructuring | in_progress | 1998-10-01 | 1999-12-31 | Healthcare and Specialty Products | USD 53 (millions) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Transaction costs to effect the USSC merger: legal, accounting, financial advisory services and other direct expenses, expensed under pooling of interests accounting. | |||
| 1998-12-31 | restructuring | in_progress | 1998-10-01 | 1999-12-31 | United States and Europe | Healthcare and Specialty Products | USD 76 (millions) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Impairment of long-lived assets primarily from combining property, plant and equipment in USSC's US and Europe operations with Tyco's. | ||
| 1998-12-31 | acquisition_addition | completed | 1998-12-01 | United States | Healthcare and Specialty Products — Graphic Controls Corporation | USD 43 (millions) | business_combinations_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Severance for approximately 625 employees following Graphic Controls acquisition: ~370 manufacturing/distribution, 140 sales/marketing, 65 technical support, 50 administrative. Approximately 130 employees terminated as of December 31, 1998. | |||
| 1998-12-31 | plant_closure | in_progress | 1998-12-01 | United States | Healthcare and Specialty Products — Graphic Controls Corporation | USD 26 (millions) | business_combinations_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Costs for closing three large manufacturing plants and consolidating corporate facilities, sales offices and other locations; no manufacturing plants shut down as of December 31, 1998. | |||
| 1998-12-31 | restructuring | in_progress | Prior purchase-method acquisitions | USD 162 (millions) | business_combinations_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Liability remaining on balance sheet at December 31, 1998 for severance and related costs from acquisitions consummated during and prior to the quarter; terminations expected substantially complete within one year of acquisition dates. | |||||
| 1998-12-31 | plant_closure | in_progress | Prior purchase-method acquisitions | USD 299 (millions) | business_combinations_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Liability remaining on balance sheet at December 31, 1998 for shutdown and consolidation of acquired facilities. | |||||
| 1998-12-31 | restructuring | in_progress | Prior purchase-method acquisitions | USD 46 (millions) | business_combinations_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Liability remaining on balance sheet at December 31, 1998 for transaction and other direct costs from prior acquisitions. | |||||
| 1998-12-31 | restructuring | completed | 1997-10-01 | 1998-12-31 | Healthcare and Specialty Products — USSC operations | USD 12 (millions) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Fiscal 1998 first-quarter restructuring charges for employee severance, facility disposals and asset write-downs as part of USSC cost-cutting objectives; substantially completed as of December 31, 1998. | |||
| 1998-12-31 | restructuring | in_progress | 800 | 1998-10-01 | 1999-12-31 | United States | Healthcare and Specialty Products | USD 125 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Total program charge of $124.8M covers all three geographies (US, Puerto Rico, Europe); not allocated by geography. Part of USSC merger integration. | |
| 1998-12-31 | restructuring | in_progress | 200 | 1998-10-01 | 1999-12-31 | Puerto Rico | Healthcare and Specialty Products | USD 125 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Total program charge of $124.8M covers all three geographies (US, Puerto Rico, Europe); not allocated by geography. Part of USSC merger integration. | |
| 1998-12-31 | restructuring | in_progress | 600 | 1998-10-01 | 1999-12-31 | Europe | Healthcare and Specialty Products | USD 125 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Total program charge of $124.8M covers all three geographies (US, Puerto Rico, Europe); not allocated by geography. Part of USSC merger integration. | |
| 1998-12-31 | plant_closure | in_progress | 1998-10-01 | 1999-12-31 | Europe | Healthcare and Specialty Products | USD 52 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Closure of 20 manufacturing and distribution facilities in Europe as part of USSC merger integration. Charge of $51.8M covers both this record and the 30 sales/administrative offices record; not allocated between them. Employee count not disclosed. | ||
| 1998-12-31 | plant_closure | in_progress | 1998-10-01 | 1999-12-31 | United States and Europe | Healthcare and Specialty Products | USD 52 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Shut down and consolidation of 30 sales and administrative offices primarily in US and/or Europe as part of USSC merger integration. Charge of $51.8M covers both this record and the 20 European facilities record; not allocated between them. Employee count not disclosed. | ||
| 1998-12-31 | restructuring | in_progress | 625 | United States | Healthcare and Specialty Products | USD 43 (millions) | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Severance for approximately 625 employees (370 manufacturing/distribution, 140 sales/marketing, 65 technical support, 50 administrative). Charge primarily relates to Graphic Controls acquisition. Approximately 130 employees terminated as of 1998-12-31. Expected completion within one year of acquisition date; exact acquisition date not disclosed. | |||
| 1998-12-31 | plant_closure | in_progress | United States | Healthcare and Specialty Products | USD 26 (millions) | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Closing of three large manufacturing plants plus consolidation of corporate facilities, sales offices and other locations. Primarily relates to Graphic Controls acquisition. None of the manufacturing plants shut down as of 1998-12-31. Expected completion within one year of acquisition date; exact acquisition date not disclosed. | ||||
| 1998-12-31 | restructuring | in_progress | 800 | 1998-10-01 | 1999-12-31 | United States | Healthcare and Specialty Products | USD 125 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Part of USSC merger integration; elimination of positions. | |
| 1998-12-31 | restructuring | in_progress | 200 | 1998-10-01 | 1999-12-31 | Puerto Rico | Healthcare and Specialty Products | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Part of USSC merger integration; elimination of positions. Charge included in US/Europe aggregate. | ||
| 1998-12-31 | restructuring | in_progress | 600 | 1998-10-01 | 1999-12-31 | Europe | Healthcare and Specialty Products | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Part of USSC merger integration; elimination of positions. Charge included in US/Europe aggregate. | ||
| 1998-12-31 | restructuring | in_progress | 625 | 1998-10-01 | 1999-12-31 | United States | Healthcare and Specialty Products | USD 43 (millions) | business_combinations_footnote f5-10q / Qwen3.6-27B-Q8_0 | Related to acquisition of Graphic Controls Corporation. Includes manufacturing, distribution, sales, marketing, technical support, and administrative personnel. | |
| 1998-09-30 | other | in_progress | 1994-04-01 | North America | Fire and Security Services — Grinnell Fire Protection | Item_1_Business f5-10k / MiMo-V2.6-Flash-fp8-HTML | Ongoing strike by UA locals representing 64% of Grinnell Fire Protection's North American union employees; contracts not renewed April 1994; company operating with replacement workers | ||||
| 1998-09-30 | acquisition_addition | completed | Global | Disposable and Specialty Products — Tyco Healthcare Group | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Sherwood-Davis & Geck acquired for $1.77B cash; annual revenues ~$1.0B; headcount not disclosed. FY1998 total acquisitions $4.20B across all segments; $151.0M severance and related costs accrued for acquisition-related workforce actions | |||||
| 1998-09-30 | acquisition_addition | completed | United States | Electrical and Electronic Components — Flow Control Products | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Crosby Valve U.S. operations acquired July 1998 for 1,254 subsidiary preference shares valued at $125.4M; headcount not disclosed | |||||
| 1998-09-30 | acquisition_addition | announced | 1998-10-01 | 1998-10-01 | Global | Disposable and Specialty Products — Tyco Healthcare Group | subsequent_events f5-10k / MiMo-V2.6-Flash-fp8-HTML | USSC merger consummated October 1, 1998; ~59.2M Tyco shares issued; pooling of interests accounting; headcount not disclosed | |||
| 1998-09-30 | acquisition_addition | announced | 1998-11-02 | 1998-11-02 | United States | Disposable and Specialty Products — Tyco Healthcare Group (Ludlow Technical Products) | subsequent_events f5-10k / MiMo-V2.6-Flash-fp8-HTML | Graphic Controls Corporation acquired for ~$460M including debt assumption; purchase accounting; headcount not disclosed | |||
| 1998-09-30 | acquisition_addition | announced | 1998-11-01 | Global | Electrical and Electronic Components | subsequent_events f5-10k / MiMo-V2.6-Flash-fp8-HTML | Definitive merger agreement with AMP Incorporated (~$5.5B annual revenues); up to ~186.0M Tyco shares to be issued; subject to shareholder and regulatory approvals; pooling of interests expected; headcount not disclosed | ||||
| 1998-09-30 | restructuring | completed | 4,000 | 1997-07-02 | 1999-09-30 | Global | Multiple segments | USD 130 (millions) | restructuring_footnote f5-10k / Qwen3.6-27B-Q8_0 | Workforce reductions of approximately 4,000 positions related to the combination of ADT, Former Tyco, Keystone, and INBRAND. Severance cost of $130.3 million. Completion anticipated in Fiscal 1999. | |
| 1998-09-30 | restructuring | completed | 1997-07-02 | 1999-09-30 | Global | Multiple segments | USD 194 (millions) | restructuring_footnote f5-10k / Qwen3.6-27B-Q8_0 | Combination of certain facilities involving closure of 18 manufacturing facilities and consolidation of sales/service offices, monitoring centers, and warehouses. Cost of $194.2 million. | ||
| 1998-09-30 | acquisition_addition | completed | 1998-02-01 | Global | Disposable and Specialty Products | business_combinations_footnote f5-10k / Qwen3.6-27B-Q8_0 | Acquisition of Sherwood-Davis & Geck division of American Home Products Corporation. Headcount not explicitly disclosed. | ||||
| 1998-09-30 | acquisition_addition | completed | 1998-07-01 | United States | Flow Control Products | business_combinations_footnote f5-10k / Qwen3.6-27B-Q8_0 | Acquisition of U.S. operations of Crosby Valve, Inc. Headcount not explicitly disclosed. | ||||
| 1998-09-30 | acquisition_addition | completed | 1998-10-01 | Global | Disposable and Specialty Products | subsequent_events f5-10k / Qwen3.6-27B-Q8_0 | Merger with United States Surgical Corporation (USSC) consummated October 1, 1998. Headcount not explicitly disclosed. | ||||
| 1998-09-30 | acquisition_addition | completed | 1998-11-02 | Global | Disposable and Specialty Products | subsequent_events f5-10k / Qwen3.6-27B-Q8_0 | Acquisition of Graphic Controls Corporation completed November 2, 1998. Headcount not explicitly disclosed. | ||||
| 1998-06-30 | acquisition_addition | completed | 1998-02-27 | Disposable and Specialty Products | USD 131 (millions) | business_combinations_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Fiscal 1998 purchase acquisitions included severance and related costs of $130.7 million recorded as additional purchase liabilities; no employee counts disclosed. | ||||
| 1998-06-30 | plant_closure | in_progress | USD 240 (millions) | business_combinations_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Costs associated with shutdown and consolidation of certain acquired facilities recorded as purchase liabilities in fiscal 1998; no employee counts disclosed. | ||||||
| 1998-06-30 | restructuring | in_progress | USD 221 (millions) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Accrued merger and restructuring costs of $221.2 million remained in other current liabilities at June 30, 1998; no employee counts disclosed. | ||||||
| 1998-06-30 | restructuring | in_progress | USD 113 (millions) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Accrued merger and restructuring costs of $112.5 million remained in other non-current liabilities at June 30, 1998; no employee counts disclosed. | ||||||
| 1998-06-30 | restructuring | in_progress | USD 135 (millions) | business_combinations_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Liabilities for severance and related costs of $134.6 million remained on the balance sheet at June 30, 1998 from purchase acquisitions; termination of employees expected substantially complete within one year of acquisition. | ||||||
| 1998-06-30 | plant_closure | in_progress | USD 255 (millions) | business_combinations_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Liabilities of $255.2 million for shutdown and consolidation of acquired facilities remained at June 30, 1998; consolidation expected substantially complete within one year of acquisition. | ||||||
| 1998-06-30 | acquisition_addition | completed | 1998-02-27 | United States | Disposable and Specialty Products | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Sherwood-Davis & Geck division of American Home Products purchased for $1.77 billion cash; annual revenues approximately $1.0 billion. Headcount added not disclosed. | ||||
| 1998-06-30 | acquisition_addition | completed | 1998-05-29 | United States | Fire and Security Services | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Wells Fargo Alarm business of Borg-Warner Security Corporation acquired for $425 million cash; annual revenues approximately $250 million. Headcount added not disclosed. | ||||
| 1998-06-30 | restructuring | in_progress | 1998-02-27 | 1999-02-27 | Not specified | All segments (acquisition integration) | USD 131 (millions) | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Severance and related costs recorded in fiscal 1998 for purchase acquisitions; $134.6 million remained on the balance sheet at 1998-06-30. Management expects employee terminations to be substantially complete within one year of each acquisition date. Employee counts not disclosed. | ||
| 1998-06-30 | plant_closure | in_progress | 1998-02-27 | 1999-02-27 | Not specified | All segments (acquisition integration) | USD 240 (millions) | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Costs for shut down and consolidation of certain acquired facilities recorded in fiscal 1998; $255.2 million remained on the balance sheet at 1998-06-30. Facility and employee counts not disclosed. | ||
| 1998-06-30 | acquisition_addition | announced | 1998-05-25 | 1998-10-31 | United States | Disposable and Specialty Products | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Definitive merger agreement to acquire United States Surgical Corporation in a stock-for-stock transaction valued at approximately $3.3 billion; expected to close October 1998, accounted for as a pooling of interests. Headcount added not disclosed. | |||
| 1998-06-30 | restructuring | in_progress | 1999-06-30 | USD 131 (millions) | business_combinations_footnote f5-10q / Qwen3.6-27B-Q8_0 | Severance costs related to acquisitions completed in the first nine months of fiscal 1998. Completion expected within one year of acquisition dates. | |||||
| 1998-06-30 | restructuring | in_progress | 1999-06-30 | USD 240 (millions) | business_combinations_footnote f5-10q / Qwen3.6-27B-Q8_0 | Costs associated with shutdown and consolidation of acquired facilities. Completion expected within one year of acquisition dates. | |||||
| 1998-06-30 | restructuring | in_progress | USD 113 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Accrued merger and restructuring costs remaining in other non-current liabilities as of June 30, 1998. | ||||||
| 1998-06-30 | restructuring | in_progress | USD 221 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Accrued merger and restructuring costs remaining in other current liabilities as of June 30, 1998. | ||||||
| 1998-03-31 | acquisition_addition | completed | 1998-02-27 | Disposable and Specialty Products (integrated with The Kendall Company) | USD 104 (millions) | business_combinations_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Sherwood-Davis & Geck acquired from American Home Products for $1.77 billion cash; fiscal 1998 purchase liabilities include approximately $103.5 million for severance and related costs and $190.9 million for shutdown and consolidation of acquired facilities. No headcount figures disclosed. | ||||
| 1998-03-31 | acquisition_addition | completed | 1998-02-03 | United States | Fire and Security Services | business_combinations_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Holmes Protection Group acquired for $104.0 million cash; electronic security systems provider. No headcount figures disclosed. | ||||
| 1998-03-31 | restructuring | in_progress | 1998-09-30 | Fire and Security Services (electronic security services) and corporate operations | USD 247 (millions) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | ADT recorded a $246.9 million charge in the six months ended March 31, 1997 for restructuring of electronic security services and corporate operations. Approximately $293.1 million of accrued merger and restructuring costs remained in other current liabilities and $112.9 million in other non-current liabilities at March 31, 1998; restructurings expected substantially complete by September 30, 1998 except certain long-term obligations. No employee counts disclosed. | ||||
| 1998-03-31 | restructuring | in_progress | 1999-03-31 | Acquired businesses (purchase-related facility shutdowns and consolidations) | USD 210 (millions) | business_combinations_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Liabilities remaining on balance sheet at March 31, 1998 for purchase acquisitions include approximately $120.8 million for severance and related costs and $209.9 million for shutdown and consolidation of acquired facilities. Employee terminations and facility consolidations expected substantially complete within one year of each acquisition date. No employee counts disclosed. | ||||
| 1998-03-31 | restructuring | in_progress | 1998-09-30 | Electronic security services and corporate operations; merger-related restructurings across ADT, Former Tyco, Keystone and INBRAND | USD 293 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Accrued merger and restructuring costs of $293.1M in other current liabilities plus $112.9M in other non-current liabilities at March 31, 1998; no employee counts disclosed. Company expects restructurings substantially complete by September 30, 1998, except certain long-term obligations. | ||||
| 1998-03-31 | restructuring | in_progress | 1999-03-31 | Acquired businesses — employee terminations and facility shutdown/consolidation | USD 121 (millions) | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Severance and related costs of $120.8M plus $209.9M for shutdown and consolidation of acquired facilities remained on the balance sheet at March 31, 1998 (also $14.5M transaction costs). Expected substantially complete within one year of related acquisition dates; no employee counts disclosed. Expected completion date is an approximation of 'within one year of the related date of acquisition'. | ||||
| 1998-03-31 | acquisition_addition | completed | United States | Disposable and Specialty Products (Sherwood-Davis & Geck division of American Home Products, integrated with The Kendall Company) | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Acquired February 27, 1998 for $1.77 billion cash; medical and surgical device manufacturer with annual revenues of approximately $1.0 billion. Headcount added not disclosed. | |||||
| 1998-03-31 | acquisition_addition | completed | United States | Fire and Security Services (Holmes Protection Group, Inc.) | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Acquired February 3, 1998 for $104.0 million cash; provider of electronic security systems to commercial and residential customers. Headcount added not disclosed. | |||||
| 1998-03-31 | restructuring | in_progress | 1998-09-30 | USD 104 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Severance and related costs associated with acquisitions during fiscal 1998. Completion expected within one year of acquisition dates. | |||||
| 1998-03-31 | restructuring | in_progress | 1998-09-30 | USD 191 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Costs associated with the shut down and consolidation of certain acquired facilities. | |||||
| 1998-03-31 | restructuring | in_progress | 1998-09-30 | USD 121 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Remaining liability for severance and related costs from acquisitions consummated during and prior to the six months ended March 31, 1998. | |||||
| 1998-03-31 | restructuring | in_progress | 1998-09-30 | USD 210 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Remaining liability for shutdown and consolidation of acquired facilities from acquisitions consummated during and prior to the six months ended March 31, 1998. | |||||
| 1998-03-31 | restructuring | in_progress | 1998-09-30 | USD 293 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Accrued merger and restructuring costs remaining in other current liabilities as of March 31, 1998. | |||||
| 1998-03-31 | restructuring | in_progress | 1998-09-30 | USD 113 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Accrued merger and restructuring costs remaining in other non-current liabilities as of March 31, 1998. | |||||
| 1997-12-31 | restructuring | in_progress | 1998-09-30 | Merger and restructuring program (ADT, Former Tyco, Keystone, INBRAND) | USD 437 (millions) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Accrued merger and restructuring costs of $329.7 million in other current liabilities and $106.9 million in other non-current liabilities at December 31, 1997; restructurings expected to be substantially completed by September 30, 1998 except certain long-term obligations. No employee counts disclosed. | ||||
| 1997-12-31 | restructuring | in_progress | 1998-09-30 | Purchase acquisitions — severance and facility consolidation | USD 46 (millions) | business_combinations_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Liabilities of approximately $22.9 million for severance and related costs and $23.0 million for shutdown and consolidation of acquired facilities remained on the balance sheet at December 31, 1997; terminations and facility consolidation expected substantially complete by end of fiscal 1998. No employee counts disclosed. | ||||
| 1997-12-31 | acquisition_addition | announced | 1997-12-31 | 1998-03-31 | Disposable and Specialty Products | USD 1,770 (millions) | business_combinations_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Agreement to acquire the Sherwood-Davis & Geck division of American Home Products for $1.77 billion cash; annual revenues approximately $1.0 billion; expected to close in Q2 fiscal 1998. No headcount disclosed. | |||
| 1997-12-31 | acquisition_addition | completed | 1998-02-03 | 1998-02-03 | United States | Fire and Security Services | USD 104 (millions) | business_combinations_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Acquisition of Holmes Protection Group, Inc. for $104.0 million cash completed February 3, 1998; to be integrated with Fire and Security Services Division. No headcount disclosed. | ||
| 1997-12-31 | restructuring | in_progress | 1998-09-30 | USD 437 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Accrued merger and restructuring costs of $329.7M in current liabilities and $106.9M in non-current liabilities as of 1997-12-31; no employee count disclosed. Company expects substantial completion by 1998-09-30. | |||||
| 1997-12-31 | restructuring | in_progress | 1998-09-30 | USD 23 (millions) | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Severance and related cost liabilities of $22.9M plus $23.0M for facility shutdown/consolidation from purchase acquisitions; no employee count disclosed. Expected substantially complete by end of fiscal 1998. | |||||
| 1997-12-31 | restructuring | in_progress | 1998-09-30 | USD 46 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Liabilities for severance and related costs ($22.9M) and shutdown/consolidation of acquired facilities ($23.0M) remained on balance sheet. Completion expected by end of fiscal 1998. | |||||
| 1997-12-31 | restructuring | in_progress | 1998-09-30 | USD 437 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Accrued merger and restructuring costs: $329.7M in current liabilities and $106.9M in non-current liabilities. Substantially completed by Sept 30, 1998 except for certain long-term obligations. | |||||
| 1997-09-30 | restructuring | in_progress | 4,000 | 1997-07-02 | 1998-09-30 | Global | Multiple segments — ADT, Former Tyco, Keystone, INBRAND integration | USD 130 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Workforce reductions of $130.3M including elimination of approximately 4,000 positions as part of the $917.8M merger/integration restructuring program; expected substantially complete by September 30, 1998 | |
| 1997-09-30 | plant_closure | in_progress | 1997-07-02 | 1998-09-30 | Global | Multiple segments — manufacturing facilities, sales/service offices, monitoring centers, warehouses | USD 194 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Closure of 18 manufacturing facilities and consolidation of sales/service offices, monitoring centers, warehouses and other locations; part of the $917.8M merger/integration restructuring program | ||
| 1997-09-30 | other | in_progress | 1994-04-01 | North America | Fire and Security Services — Grinnell Fire Protection | Item_1_Business f5-10k / MiMo-V2.6-Flash-fp8-HTML | Ongoing strike by UA Plumbers and Pipefitters locals representing 64% of Grinnell's North American union employees; contracts not renewed April 1994; company operating with replacement workers | ||||
| 1997-09-30 | restructuring | in_progress | 4,000 | 1997-07-02 | 1998-09-30 | Global | Multiple segments (Fire and Security, Flow Control, Disposable and Specialty) | USD 130 (millions) | restructuring_footnote f5-10k / Qwen3.6-27B-Q8_0 | Workforce reductions of approximately 4,000 positions associated with mergers of ADT, Former Tyco, Keystone, and INBRAND. Severance cost of $130.3 million. Expected substantially complete by September 30, 1998. | |
| 1996-12-31 | restructuring | in_progress | 1996-12-31 | 1997-12-31 | United States | Electronic security services | USD 132 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Re-Engineering Project restructuring approved in Q4 1996; includes technological infrastructure enhancements to consolidate monitoring center network; expected substantially complete by December 1997; no employee count disclosed for 1996 action | ||
| 1996-12-31 | restructuring | in_progress | 1996-12-31 | 1997-12-31 | United Kingdom | Electronic security services | USD 69 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | ASH group integration restructuring approved December 1996; intended to merge and integrate ASH group into ADT group by December 1997; no employee count disclosed | ||
| 1996-12-31 | restructuring | in_progress | 1996-12-31 | 1997-12-31 | United States | Electronic security services (ASH group) | USD 29 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | ASH group integration restructuring in United States; part of same December 1996 plan as UK component; no employee count disclosed | ||
| 1996-12-31 | restructuring | in_progress | 1996-12-31 | Canada | Electronic security services | USD 3 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Evaluation of customer monitoring center network in Canadian electronic security services division; no employee count disclosed | |||
| 1996-12-31 | restructuring | in_progress | 1996-12-31 | United Kingdom | Corporate | USD 5 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Corporate-level restructuring charge from Re-Engineering Project and ASH merger; no employee count disclosed | |||
| 1996-12-31 | acquisition_addition | completed | 1996-09-06 | 1996-09-06 | United Kingdom / North America | Electronic security services | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | ASH merger completed September 1996; accounted for as pooling of interests; no employee headcount addition disclosed | |||
| 1996-12-31 | acquisition_addition | completed | 1995-12-31 | 1996-02-28 | United States | Electronic security services | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Alert Centre, Inc. acquired December 1995; remaining 24% acquired February 1996 for $25.5M; no employee headcount addition disclosed | |||
| 1996-12-31 | plant_closure | in_progress | 250 | 1995-12-31 | 1997-03-31 | United States | Electronic security services | USD 19 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Parsippany, New Jersey corporate office closure; approximately 250 employees to be terminated, approximately 180 terminated by December 31, 1996; charge of $19.4M recorded in Q4 1995; program substantially complete by March 1997 | |
| 1996-12-31 | restructuring | completed | 1996-Q4 | United States | Electronic Security Services | USD 132 (millions) | MD&A f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML | Re-engineering project resulting in termination of approximately 250 employees (approx. 180 terminated by year-end). Charge includes write-offs, lease provisions, and severance. | |||
| 1996-12-31 | restructuring | completed | 1996-Q4 | 1997-12-31 | United Kingdom and United States | Electronic Security Services | USD 98 (millions) | MD&A f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML | Integration of ASH group into ADT group. Charge includes write-offs, lease provisions, and settlement costs. | ||
| 1996-12-31 | restructuring | completed | 1996-Q4 | Canada | Electronic Security Services | USD 3 (millions) | MD&A f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML | Evaluation of customer monitoring center network in Canadian division. | |||
| 1996-12-31 | restructuring | completed | 1996-Q4 | Corporate | Corporate | USD 5 (millions) | MD&A f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML | Corporate restructuring related to Re-Engineering Project and ASH merger. | |||
| 1996-12-31 | restructuring | completed | 250 | 1996-10-01 | 1997-03-31 | United States | Electronic Security Services | USD 132 (millions) | restructuring_footnote f5-10k / Qwen3.6-27B-Q8_0 | Re-Engineering Project restructuring plan approved in Q4 1996. Includes closure of Parsippany, NJ corporate office and realignment of organizational structure. 180 employees terminated by Dec 31, 1996; full implementation results in termination of approx. 250 employees. | |
| 1996-12-31 | restructuring | in_progress | 1996-12-01 | 1997-12-31 | United Kingdom and United States | Electronic Security Services | USD 98 (millions) | restructuring_footnote f5-10k / Qwen3.6-27B-Q8_0 | Restructuring plan approved in Dec 1996 to merge and integrate ASH group into ADT group. Employee count not explicitly disclosed in footnote, but charge includes write-offs, lease provisions, and settlement costs. | ||
| 1996-12-31 | restructuring | completed | 4 | 1995-12-01 | 1996-12-31 | United Kingdom | Corporate | USD 13 (millions) | restructuring_footnote f5-10k / Qwen3.6-27B-Q8_0 | Corporate restructuring plan approved in Q4 1995. Severance for four executives, all terminated during 1996. | |
| 1996-09-30 | acquisition_addition | completed | 1996-09-30 | United Kingdom; North America; Europe | Electronic security services | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | ASH acquired in September 1996 via share exchange, accounted for as a pooling of interests; no employee headcount added is disclosed. | ||||
| 1996-09-30 | divestiture_reduction | announced | 1996-11-06 | United States | Vehicle auction services | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | Post-quarter announcement of intent to sell US vehicle auction operations to focus on electronic security; no headcount or timing disclosed. |