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CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)
$ in Millions
6 Months Ended
Jul. 02, 2022
Jul. 03, 2021
Cash flows from operating activities:    
Net income $ 181 $ 107
Adjustments to reconcile net income to net cash (used in) provided by operating activities:    
Depreciation and amortization 45 45
Share-based compensation expense 22 19
Other, net (5) 9
Changes in operating assets and liabilities, net of effect of acquisitions:    
Accounts receivable, net (145) (33)
Inventories, net (127) (8)
Other current assets (21) (24)
Accounts payable 54 (15)
Accrued liabilities (47) (1)
Other, net 19  
Net cash (used in) provided by operating activities (24) 99
Cash flows from investing activities:    
Capital expenditures (24) (35)
Acquisitions, net of cash acquired (633) (10)
Other, net (13) 3
Net cash used in investing activities (670) (42)
Cash flows from financing activities:    
Proceeds from issuance of A&R Term B Facility 200 950
Payments of debt facility issuance and modification costs (4) (21)
Repayments of long-term debt (6) (923)
Other, net (7) 1
Net cash provided by financing activities 183 7
Effect of foreign exchange rate changes on cash and cash equivalents (13) (2)
Net (decrease) increase in cash and cash equivalents and restricted cash (524) 62
Cash, cash equivalents and restricted cash at beginning of period 779 517
Cash, cash equivalents and restricted cash at end of period 255 579
Supplemental Cash Flow Information:    
Interest paid 21 21
Income taxes paid, net $ 79 $ 46