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Consolidated Statements of Cash Flows - USD ($)
$ in Millions
6 Months Ended
Apr. 02, 2022
Apr. 03, 2021
Cash Flows from Operating Activities:    
Net income $ 326 $ 311
Adjustments to reconcile net cash from operating activities:    
Depreciation 284 280
Amortization of intangibles 133 147
Non-cash interest expense 8 16
Deferred income tax (43) (28)
Share-based compensation expense 28 28
Other non-cash operating activities, net (14) 51
Changes in working capital (714) (156)
Changes in other assets and liabilities (22) (11)
Net cash from operating activities (14) 638
Cash Flows from Investing Activities:    
Additions to property, plant and equipment, net (367) (364)
Divestiture of business 3 143
Net cash from investing activities (364) (221)
Cash Flows from Financing Activities:    
Proceeds from long-term borrowings 244 2,316
Repayments on long-term borrowings (9) (2,683)
Proceeds from issuance of common stock 22 39
Repurchase of common stock (351) 0
Debt financing costs 0 (16)
Net cash from financing activities (94) (344)
Effect of currency translation on cash 3 20
Net change in cash and cash equivalents (469) 93
Cash and cash equivalents at beginning of period 1,091 750
Cash and cash equivalents at end of period $ 622 $ 843