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Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Millions
9 Months Ended
Jun. 27, 2020
Jun. 29, 2019
Cash Flows from Operating Activities:    
Net income $ 364 $ 175
Adjustments to reconcile net cash provided by operating activities:    
Depreciation 412 278
Amortization of intangibles 226 119
Non-cash interest 18 (4)
Loss on foreign exchange forward contracts 0 156
Deferred income tax 30 (16)
Share-based compensation expense 28 21
Other non-cash operating activities, net 23 9
Changes in working capital (93) (169)
Changes in other assets and liabilities (29) 2
Net cash from operating activities 979 571
Cash Flows from Investing Activities:    
Additions to property, plant and equipment, net (419) (271)
Settlement of net investment hedges 281 0
Other investing activities (14) 2
Net cash from investing activities (152) (269)
Cash Flows from Financing Activities:    
Proceeds from long-term borrowings 1,202 0
Repayments on long-term borrowings (1,859) (383)
Proceeds from issuance of common stock 6 43
Repurchase of common stock 0 (74)
Payment of tax receivable agreement 0 (16)
Debt financing costs (16) 0
Net cash from financing activities (667) (430)
Effect of exchange rate changes on cash (4) 2
Net change in cash 156 (126)
Cash and cash equivalents at beginning of period 750 381
Cash and cash equivalents at end of period $ 906 $ 255