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Consolidated Statements of Cash Flows - USD ($)
$ in Millions
12 Months Ended
Oct. 02, 2021
Sep. 26, 2020
Sep. 28, 2019
Cash Flows from Operating Activities:      
Net income $ 733 $ 559 $ 404
Adjustments to reconcile net cash from operating activities:      
Depreciation 566 545 419
Amortization of intangibles 288 300 194
Non-cash interest expense 32 27 1
Share-based compensation expense 40 33 27
Deferred income tax (73) (96) (52)
Settlement of derivatives 0 11 19
Transaction activities 0 0 (38)
Other non-cash operating activities, net 49 42 (1)
Changes in operating assets and liabilities:      
Accounts receivable (331) 49 150
Inventories (639) 48 99
Prepaid expenses and other assets (30) (12) 14
Accounts payable and other liabilities 945 24 (35)
Net cash from operating activities 1,580 1,530 1,201
Cash Flows from Investing Activities:      
Additions to property, plant and equipment, net (676) (583) (399)
Divestiture of businesses 165 0 326
Acquisition of business and purchase price derivatives 0 (14) (6,178)
Settlement of net investment hedges 0 281 0
Net cash from investing activities (511) (316) (6,251)
Cash Flows from Financing Activities:      
Proceeds from long-term borrowings 2,716 1,202 6,784
Repayment of long-term borrowings (3,496) (2,436) (1,214)
Proceeds from issuance of common stock 60 30 55
Repurchase of common stock 0 0 (74)
Payment of tax receivable agreement 0 0 (38)
Debt financing costs (21) (16) (87)
Net cash from financing activities (741) (1,220) 5,426
Effect of currency translation on cash 13 6 (7)
Net change in cash and cash equivalents 341 0 369
Cash and cash equivalents at beginning of period 750 750 381
Cash and cash equivalents at end of period $ 1,091 $ 750 $ 750