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Consolidated Statements of Cash Flows - USD ($)
$ in Millions
9 Months Ended
Jul. 01, 2023
Jul. 02, 2022
Cash Flows from Operating Activities:    
Net income $ 423 $ 533
Adjustments to reconcile net cash from operating activities:    
Depreciation 425 424
Amortization of intangibles 181 196
Non-cash interest (income) expense, net (45) 11
Settlement of derivatives 36 69
Deferred income tax (94) (66)
Share-based compensation expense 36 34
Other non-cash operating activities, net 18 (2)
Changes in working capital (473) (800)
Changes in other assets and liabilities (17) (54)
Net cash from operating activities 490 345
Cash Flows from Investing Activities:    
Additions to property, plant and equipment, net (560) (556)
Divestiture of business 0 125
Acquisition of business and other (88) 6
Net cash from investing activities (648) (425)
Cash Flows from Financing Activities:    
Proceeds from long-term borrowings 500 170
Repayments on long-term borrowings (687) (16)
Proceeds from issuance of common stock 26 24
Repurchase of common stock (415) (637)
Dividends paid (97) 0
Other, net 7 0
Net cash from financing activities (666) (459)
Effect of currency translation on cash 47 (25)
Net change in cash and cash equivalents (777) (564)
Cash and cash equivalents at beginning of period 1,410 1,091
Cash and cash equivalents at end of period $ 633 $ 527