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Consolidated Statements of Cash Flows - USD ($)
$ in Millions
3 Months Ended
Jan. 01, 2022
Jan. 02, 2021
Cash Flows from Operating Activities:    
Net income $ 121 $ 130
Adjustments to reconcile net cash from operating activities:    
Depreciation 143 141
Amortization of intangibles 68 74
Non-cash interest expense 3 8
Deferred income tax (12) (19)
Share-based compensation expense 21 21
Other non-cash operating activities, net (8) 5
Changes in working capital (637) (49)
Changes in other assets and liabilities (3) 4
Net cash from operating activities (304) 315
Cash Flows from Investing Activities:    
Additions to property, plant and equipment, net (162) (162)
Divestiture of business 0 140
Net cash from investing activities (162) (22)
Cash Flows from Financing Activities:    
Proceeds from long-term borrowings 0 750
Repayments on long-term borrowings (5) (985)
Proceeds from issuance of common stock 16 7
Repurchase of common stock (51) 0
Debt financing costs 0 (6)
Net cash from financing activities (40) (234)
Effect of currency translation on cash (3) 38
Net change in cash and cash equivalents (509) 97
Cash and cash equivalents at beginning of period 1,091 750
Cash and cash equivalents at end of period $ 582 $ 847