See Notes 3 and 4 to the Consolidated Financial Statements for certain segment and geographicfinancial data relating to our business.CIT Group, Inc., (‘‘CIT’’), which comprised the operations of the Tyco Capital (financial services)business segment, was sold in an initial public offering in July 2002. See Note 11 to the ConsolidatedFinancial Statements for information regarding the discontinued operations of this former businesssegment.Tyco’s operating strategy is to be a low-cost, high-quality producer and provider in each of themarkets we serve. We promote our leadership position by investing in existing businesses anddeveloping new markets. Although acquisitions of complementary businesses have been an importantpart of Tyco’s growth in recent years, our current business strategy and near-term actions focus onenhancing internal growth within existing Tyco businesses. We plan to achieve this goal through newproduct innovation, increased market share, increasing the service and repair components of ourexisting businesses and continued geographic expansion. While we may continue to make selectedcomplementary acquisitions, we anticipate that the amount of acquisition activity will be significantlyreduced for the foreseeable future. Leveraging the strengths of our existing operations, we seek toenhance value for our shareholders through operational excellence and maximization of cash flows. Weare also striving to establish the highest standards of corporate governance so that we can earn therespect and confidence of our shareholders, employees, suppliers and customers and the financialcommunity