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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
12 Months Ended
Oct. 03, 2025
Sep. 27, 2024
Sep. 29, 2023
Cash flows from operating activities      
Net income (loss) including non-controlling interests $ 59 $ (83) $ (321)
Adjustments to reconcile net income (loss) including non-controlling interests to net cash provided by operating activities:      
Depreciation 40 23 27
Amortization of intangibles 479 228 298
Amortization of deferred loan costs and original issue discount 11 22 21
Goodwill impairment charges 0 0 186
Derivative instruments 10 37 21
Equity earnings of non-consolidated subsidiaries (62) (74) (56)
Distributions from equity method investments 76 61 49
Deferred income taxes (47) (115) (62)
Stock-based compensation 21 18 3
Gain on acquisition of controlling interest 0 (69) 0
Other 17 14 2
Changes in assets and liabilities, net of effects of business acquisition:      
Accounts receivable, net (171) 81 (68)
Prepaid expenses and other assets 81 78 56
Accounts payable, contract liabilities, and other current liabilities 54 (211) (24)
Accrued compensation and benefits 28 43 (82)
Other long-term liabilities (53) (6) 17
Net cash provided by operating activities 543 47 67
Cash flows from investing activities      
Acquisitions, net of cash acquired (70) 488 0
Divestitures, net of cash conveyed 365 0 0
Purchase of property and equipment (27) (11) (12)
Contributions to equity method investments (56) (1) (17)
Return of capital from equity method investments 19 0 14
Other (3) (1) (2)
Net cash provided by (used in) investing activities 228 475 (17)
Cash flows from financing activities      
Borrowings on revolving credit facilities 1,146 562 1,201
Payments on revolving credit facilities (1,146) (562) (1,201)
Proceeds from borrowing under the term loans 0 2,620 0
Repayments of borrowings under the credit agreement (750) (4,177) (34)
Proceeds from issuance of Senior Notes 0 1,000 0
Payments of debt issuance fees 0 (38) 0
Repayments of borrowings under other agreements (9) (13) (67)
Capital contribution 0 235 0
Capital contribution from non-controlling interest 3 0 13
Distributions to non-controlling interests (35) (6) (24)
Other 1 (3) 0
Net cash used in financing activities (790) (382) (112)
Effect of exchange rate changes on cash 4 7 1
Net change in cash and cash equivalents (15) 147 (61)
Cash and cash equivalents, beginning of period 452 305 366
Cash and cash equivalents, end of period 437 452 305
Supplemental disclosure of cash flow information      
Common stock issued for the Transaction (63) 3,937 0
Income taxes paid, net of receipts (107) (95) (26)
Interest paid $ (306) $ (373) $ (362)