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Condensed Consolidated Statements Of Cash Flows - USD ($)
$ in Millions
6 Months Ended
Mar. 29, 2020
Mar. 31, 2019
Cash flows from operating activities    
Net (loss) income $ (92.6) $ 617.4
Income from discontinued operations, net of tax 4.3 700.4
Net loss from continuing operations (96.9) (83.0)
Adjustments to reconcile net loss to net cash from operating activities:    
Depreciation and amortization 78.0 102.6
Share based compensation 26.0 21.8
Unrealized loss on equity investments held 53.3 5.0
Realized loss on equity investments sold 15.0  
Write-off from impairment of intangible assets 24.2  
Loss on assets held for sale 25.7  
Amortization of debt issuance costs and debt discount 3.2 6.6
Write-off of unamortized discount and debt issuance costs 1.1 36.6
Deferred tax expense (benefit) 22.0 (61.8)
Net changes in operating assets and liabilities    
Net changes in operating assets and liabilities (336.2) (307.5)
Net cash used by operating activities from continuing operations (184.6) (279.7)
Net cash used by operating activities from discontinued operations   (254.0)
Net cash used by operating activities (184.6) (533.7)
Cash flows from investing activities    
Purchases of property, plant and equipment (31.7) (27.1)
Proceeds from disposal of property, plant and equipment 0.6 0.1
Proceeds from sale of discontinued operations, net of cash   2,854.4
Business acquisitions, net of cash acquired (17.0)  
Proceeds from sale of equity investment 28.6  
Other investing activities 2.5  
Net cash (used) provided by investing activities from continuing operations (17.0) 2,827.4
Net cash used by investing activities from discontinued operations   (5.3)
Net cash (used) provided by investing activities (17.0) 2,822.1
Cash flows from financing activities    
Payment of debt, including premium on extinguishment (130.0) (2,479.9)
Proceeds from issuance of debt 780.0 136.3
Payment of debt issuance costs (0.8) (0.1)
Payment of contingent consideration (197.0)  
Treasury stock purchases (239.8) (268.5)
Accelerated share repurchase (125.0)  
Dividends paid to shareholders (39.1) (44.6)
Share based award tax withholding payments, net of proceeds upon vesting (12.6) (2.5)
Net cash provided (used) by financing activities from continuing operations 35.7 (2,659.3)
Net cash used by financing activities from discontinued operations   (2.3)
Net cash provided (used) by financing activities 35.7 (2,661.6)
Effect of exchange rate changes on cash and cash equivalents (0.5) (3.1)
Net change in cash, cash equivalents and restricted cash (166.4) (376.3)
Cash, cash equivalents, and restricted cash, beginning of period 627.1 561.4
Cash, cash equivalents, and restricted cash, end of period 460.7 185.1
Supplemental disclsoure of cash flow information    
Cash paid for interest 57.5 140.9
Cash paid for taxes 30.8 36.3
Non cash investing activities    
Acquisition of property, plant and equipment through finance leases 3.0 1.6
Non cash financing activities    
Issuance of shares through stock compensation plan 39.1 23.3
SB/RH [Member]    
Cash flows from operating activities    
Net (loss) income (89.2) 669.1
Income from discontinued operations, net of tax 4.3 700.4
Net loss from continuing operations (93.5) (31.3)
Adjustments to reconcile net loss to net cash from operating activities:    
Depreciation and amortization 78.0 102.6
Share based compensation 25.4 21.1
Unrealized loss on equity investments held 53.3 5.0
Realized loss on equity investments sold 15.0  
Write-off from impairment of intangible assets 24.2  
Loss on assets held for sale 25.7  
Amortization of debt issuance costs and debt discount 2.7 3.7
Write-off of unamortized discount and debt issuance costs 1.1 12.7
Deferred tax expense (benefit) 20.3 (51.6)
Net changes in operating assets and liabilities    
Net changes in operating assets and liabilities (547.5) (329.5)
Net cash used by operating activities from continuing operations (395.3) (267.3)
Net cash used by operating activities from discontinued operations   (254.0)
Net cash used by operating activities (395.3) (521.3)
Cash flows from investing activities    
Purchases of property, plant and equipment (31.7) (27.1)
Proceeds from disposal of property, plant and equipment 0.6 0.1
Proceeds from sale of discontinued operations, net of cash   2,854.4
Business acquisitions, net of cash acquired (17.0)  
Proceeds from sale of equity investment 28.6  
Other investing activities 2.5  
Net cash (used) provided by investing activities from continuing operations (17.0) 2,827.4
Net cash used by investing activities from discontinued operations   (5.3)
Net cash (used) provided by investing activities (17.0) 2,822.1
Cash flows from financing activities    
Payment of debt, including premium on extinguishment (130.0) (2,092.6)
Proceeds from issuance of debt 780.0 136.3
Payment of debt issuance costs (0.8) (0.1)
Payment of contingent consideration (197.0)  
Payment of cash dividends to parent (204.9) (676.4)
Net cash provided (used) by financing activities from continuing operations 247.3 (2,632.8)
Net cash used by financing activities from discontinued operations   (2.3)
Net cash provided (used) by financing activities 247.3 (2,635.1)
Effect of exchange rate changes on cash and cash equivalents (0.5) (3.1)
Net change in cash, cash equivalents and restricted cash (165.5) (337.4)
Cash, cash equivalents, and restricted cash, beginning of period 621.9 514.3
Cash, cash equivalents, and restricted cash, end of period 456.4 176.9
Supplemental disclsoure of cash flow information    
Cash paid for interest 57.5 109.8
Cash paid for taxes 30.8 36.3
Non cash investing activities    
Acquisition of property, plant and equipment through finance leases $ 3.0 $ 1.6