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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (UNAUDITED) - USD ($)
$ in Millions
9 Months Ended
Oct. 02, 2020
Sep. 27, 2019
Cash flows from operations:    
Net income $ 432 $ 489
Adjustments to reconcile net income to net cash provided by operations:    
Gain on sale of business 0 (87)
Depreciation and amortization 214 174
Stock-based compensation 45 38
Loss on debt extinguishment 31 0
Asset impairment charges 11 0
Deferred income taxes (2) 29
Bad debt expense 11 19
Other 4 3
Change in assets and liabilities, net of effects of acquisitions and dispositions:    
Receivables 140 68
Other current assets and other long-term assets 49 34
Accounts payable and accrued liabilities and other long-term liabilities 211 93
Accrued payroll and employee benefits 247 (17)
Income taxes receivable/payable (7) (20)
Net cash provided by operating activities 1,386 823
Cash flows from investing activities:    
Acquisition of businesses, net of cash acquired (2,610) (94)
Payments for property, equipment and software (120) (67)
Proceeds from disposition of businesses 0 183
Net proceeds from sale of assets 10 96
Other 6 1
Net cash (used in) provided by investing activities (2,714) 119
Cash flows from financing activities:    
Proceeds from debt issuance 6,225 0
Payments of long-term debt (4,680) (50)
Payments for debt issuance costs (39) 0
Dividend payments (148) (101)
Repurchases of stock and other (35) (430)
Proceeds from issuances of stock 26 16
Other 4 0
Net cash provided by (used in) financing activities 1,353 (565)
Net increase in cash, cash equivalents and restricted cash 25 377
Cash, cash equivalents and restricted cash at beginning of period 717 369
Cash, cash equivalents and restricted cash at end of period $ 742 $ 746