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Consolidated Statements of Cash Flows - USD ($)
$ in Millions
12 Months Ended
Sep. 28, 2019
Sep. 29, 2018
Sep. 30, 2017
Cash Flows from Operating Activities:      
Net income $ 404 $ 496 $ 340
Adjustments to reconcile net cash from operating activities:      
Depreciation 419 384 367
Amortization of intangibles 194 154 154
Non-cash interest expense 1 4 9
Share-based compensation expense 27 23 20
Deferred income tax (52) (86) 5
Settlement of derivatives 19 30 0
Transaction activity (38) 0 0
Other non-cash operating activities, net (1) 16 25
Changes in operating assets and liabilities:      
Accounts receivable 150 (53) (41)
Inventories 99 (79) 10
Prepaid expenses and other assets 14 18 27
Accounts payable and other liabilities (35) 97 59
Net cash from operating activities 1,201 1,004 975
Cash Flows from Investing Activities:      
Additions to property, plant and equipment (399) (336) (269)
Proceeds from sale of assets 0 3 6
Divestiture of business 326 0 0
Acquisition of business (6,079) (702) (515)
Acquisition purchase price derivatives and other (99) 0 4
Net cash from investing activities (6,251) (1,035) (774)
Cash Flows from Financing Activities:      
Proceeds from long-term borrowings 6,784 498 495
Repayment of long-term borrowings (1,214) (335) (636)
Proceeds from issuance of common stock 55 23 31
Repurchase of common stock (74) (33) 0
Payment of tax receivable agreement (38) (37) (111)
Debt financing costs (87) (3) (5)
Net cash from financing activities 5,426 113 (226)
Effect of currency translation on cash (7) (7) 8
Net change in cash and cash equivalents 369 75 (17)
Cash and cash equivalents at beginning of period 381 306 323
Cash and cash equivalents at end of period $ 750 $ 381 $ 306