XML 78 R7.htm IDEA: XBRL DOCUMENT v3.20.1
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
6 Months Ended
Mar. 27, 2020
Mar. 29, 2019
Cash flows from operating activities:    
Net income (loss) $ (430) $ 715
Loss from discontinued operations, net of income taxes 1 97
Income (loss) from continuing operations (429) 812
Adjustments to reconcile income (loss) from continuing operations to net cash provided by operating activities:    
Impairment of goodwill 900  
Depreciation and amortization 354 341
Deferred income taxes 345 (28)
Non-cash lease cost 52  
Provision for losses on accounts receivable and inventories 18 28
Share-based compensation expense 37 38
Other 11 32
Changes in assets and liabilities, net of the effects of acquisitions and divestitures:    
Accounts receivable, net (140) (107)
Inventories (151) (70)
Prepaid expenses and other current assets 25 91
Accounts payable 49 (44)
Accrued and other current liabilities (180) (206)
Income taxes 1 21
Other   (25)
Net cash provided by continuing operating activities 892 883
Net cash used in discontinued operating activities   (30)
Net cash provided by operating activities 892 853
Cash flows from investing activities:    
Capital expenditures (309) (401)
Proceeds from sale of property, plant, and equipment 3 13
Acquisition of businesses, net of cash acquired (359) 8
Proceeds from divestiture of discontinued operation, net of cash retained by sold operation   297
Other (2)  
Net cash used in continuing investing activities (667) (83)
Net cash used in discontinued investing activities   (2)
Net cash used in investing activities (667) (85)
Cash flows from financing activities:    
Net increase (decrease) in commercial paper (219) 90
Proceeds from issuance of debt 593 350
Repayment of debt   (441)
Proceeds from exercise of share options 27 17
Repurchase of common shares (408) (739)
Payment of common share dividends to shareholders (307) (299)
Transfers to discontinued operations   (32)
Other (31) (30)
Net cash used in continuing financing activities (345) (1,084)
Net cash provided by discontinued financing activities   32
Net cash used in financing activities (345) (1,052)
Effect of currency translation on cash (11) 1
Net decrease in cash, cash equivalents, and restricted cash (131) (283)
Cash, cash equivalents, and restricted cash at beginning of period 927 848
Cash, cash equivalents, and restricted cash at end of period $ 796 $ 565