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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (UNAUDITED) - USD ($)
$ in Millions
6 Months Ended
Jul. 03, 2020
Jun. 28, 2019
Cash flows from operations:    
Net income $ 269 $ 327
Adjustments to reconcile net income to net cash provided by operations:    
Gain on sale of business 0 (87)
Depreciation and amortization 132 115
Stock-based compensation 30 25
Loss on debt extinguishment 31 0
Asset impairment charges 11 0
Deferred income taxes (1) 13
Other 11 3
Change in assets and liabilities, net of effects of acquisitions and dispositions:    
Receivables 226 32
Other current assets and other long-term assets 15 53
Accounts payable and accrued liabilities and other long-term liabilities (44) (2)
Accrued payroll and employee benefits 70 0
Income taxes receivable/payable 44 (5)
Net cash provided by operating activities 794 474
Cash flows from investing activities:    
Acquisition of businesses, net of cash acquired (2,610) 0
Payments for property, equipment and software (90) (46)
Proceeds from disposition of business 0 171
Net proceeds from sale of assets 0 96
Other 1 0
Net cash (used in) provided by investing activities (2,699) 221
Cash flows from financing activities:    
Proceeds from debt issuance 6,225 0
Payments of long-term debt (4,203) (48)
Payments for debt issuance costs (39) 0
Dividend payments (99) (101)
Repurchases of stock and other (34) (227)
Proceeds from issuances of stock 16 15
Other 4 0
Net cash provided by (used in) financing activities 1,870 (361)
Net (decrease) increase in cash, cash equivalents and restricted cash (35) 334
Cash, cash equivalents and restricted cash at beginning of period 717 369
Cash, cash equivalents and restricted cash at end of period $ 682 $ 703