XML 27 R7.htm IDEA: XBRL DOCUMENT v3.22.2.2
CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
12 Months Ended
Sep. 30, 2022
Sep. 24, 2021
Sep. 25, 2020
Cash flows from operating activities:      
Net income (loss) $ 2,428 $ 2,261 $ (241)
Income from discontinued operations, net of income taxes (1) (6) (18)
Income (loss) from continuing operations 2,427 2,255 (259)
Adjustments to reconcile income (loss) from continuing operations to net cash provided by operating activities:      
Impairment of goodwill     900
Depreciation and amortization 785 769 711
Deferred income taxes (147) (354) 535
Non-cash lease cost 131 120 108
Provision for losses on accounts receivable and inventories 70 46 14
Share-based compensation expense 119 94 74
Other 23 (61) 54
Changes in assets and liabilities, net of the effects of acquisitions and divestitures:      
Accounts receivable, net 200 (518) (63)
Inventories (41) (556) (89)
Prepaid expenses and other current assets 50 (19) 51
Accounts payable (396) 560 (80)
Accrued and other current liabilities (398) 173 (99)
Income taxes 32 106 (9)
Other (387) 61 143
Net cash provided by continuing operating activities 2,468 2,676 1,991
Net cash provided by discontinued operating activities     1
Net cash provided by operating activities 2,468 2,676 1,992
Cash flows from investing activities:      
Capital expenditures (768) (690) (560)
Proceeds from sale of property, plant, and equipment 106 86 17
Acquisition of businesses, net of cash acquired (220) (423) (339)
Other 4 (10) 17
Net cash used in investing activities (878) (1,037) (865)
Cash flows from financing activities:      
Net increase (decrease) in commercial paper 370   (219)
Proceeds from issuance of debt 588 661 593
Repayment of debt (558) (708) (352)
Proceeds from exercise of share options 54 167 55
Repurchase of common shares (1,412) (831) (523)
Payment of common share dividends to shareholders (685) (647) (625)
Other (41) (28) (33)
Net cash used in continuing financing activities (1,684) (1,386) (1,104)
Net cash used in discontinued financing activities     (1)
Net cash used in financing activities (1,684) (1,386) (1,105)
Effect of currency translation on cash (21) 5 (4)
Net increase (decrease) in cash, cash equivalents, and restricted cash (115) 258 18
Cash, cash equivalents, and restricted cash at beginning of fiscal year 1,203 945 927
Cash, cash equivalents, and restricted cash at end of fiscal year 1,088 1,203 945
Supplemental cash flow information:      
Interest paid on debt, net 58 58 50
Income taxes paid, net of refunds $ 421 $ 371 $ 257