XML 69 R7.htm IDEA: XBRL DOCUMENT v2.4.0.8
Condensed Consolidated and Combined Statements of Cash Flows (USD $)
In Millions, unless otherwise specified
9 Months Ended
Jun. 27, 2014
Jun. 28, 2013
Cash Flows From Operating Activities:    
Net income $ 33.1 $ 25.3
Loss from discontinued operations, net of income taxes 0.7 1.3
Income from continuing operations 33.8 26.6
Adjustments to reconcile net cash provided by operating activities:    
Depreciation and amortization 158.7 102.2
Share-based compensation 14.4 11.4
Deferred income taxes (20.5) 7.5
Non-cash restructuring charge 2.6 0
Other non-cash items 17.3 (4.3)
Changes in assets and liabilities, net of the effects of acquisitions:    
Accounts receivable, net (25.7) (137.9)
Inventories (7.5) 12.3
Accounts payable (29.0) (8.9)
Income taxes (46.9) 39.8
Accrued and other liabilities 53.0 (24.8)
Other 17.9 (17.7)
Net cash provided by operating activities 168.1 6.2
Cash Flows From Investing Activities:    
Capital expenditures (80.1) (110.5)
Acquisitions and intangibles, net of cash acquired (1,303.2) (88.1)
Restricted cash 4.1 0
Other 8.7 0.1
Net cash (used in) investing activities (1,370.5) (198.5)
Cash Flows From Financing Activities:    
Issuance of external debt 1,296.8 898.1
Repayment of external debt (30.1) 0
Repayment of capital leases (1.1) (1.0)
Excess tax benefit from share-based compensation 5.2 3.4
Debt financing costs (32.2) (12.0)
Net transfers to parent 0 (515.9)
Proceeds from exercise of share options 19.9 0
Repurchase of shares (1.9) 0
Net cash provided by financing activities 1,256.6 372.7
Effect of currency rate changes on cash (1.8) 0
Net increase in cash and cash equivalents 52.4 180.4
Cash and cash equivalents at beginning of period 275.5 0
Cash and cash equivalents at end of period $ 327.9 $ 180.4