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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
12 Months Ended
Sep. 29, 2017
Sep. 30, 2016
Oct. 02, 2015
Cash flows from operating activities:      
Net earnings $ 250.3 $ 402.7 $ 412.0
Adjustments to reconcile net earnings to net cash provided by operating activities:      
Share-based compensation expense 41.2 48.3 46.3
Tax benefits from exercises of share-based payment awards 0.7 3.0 12.6
Excess tax benefits from share-based compensation (1.0) (3.9) (12.6)
Depreciation 58.5 64.2 60.1
Amortization of intangible assets 18.4 15.6 8.4
Deferred taxes (14.9) (23.9) 5.4
Provision for doubtful accounts receivable 43.7 3.5 1.1
Impairment charges 51.4 2.2 0.0
Other, net 3.0 2.1 1.4
Changes in assets and liabilities, net of effects of acquisitions:      
Accounts receivable (52.6) (168.3) (79.4)
Inventories (0.1) (27.7) (41.6)
Prepaid expenses and other assets (46.7) 8.0 (8.2)
Accounts payable 5.5 9.7 6.5
Accrued liabilities and other long-term liabilities 11.7 61.0 (14.0)
Deferred revenues 30.0 (40.2) 71.6
Net cash provided by operating activities 399.1 356.3 469.6
Cash flows from investing activities:      
Purchases of property, plant and equipment (59.1) (80.4) (91.4)
Issuance of notes receivable (18.2) (21.7) (23.7)
Purchase of senior secured debt (24.5) 0.0 0.0
Investment in available-for-sale securities (13.4) (3.3) (1.8)
Sale of available-for-sale securities 0.0 8.6 0.6
Sale of notes receivable 0.0 8.3 0.0
Investment in privately-held companies (8.4) (0.6) 0.0
Acquisitions, net of cash acquired (3.0) (21.1) (95.3)
Net amounts received from (paid to) deferred compensation plan trust account (4.4) 0.3 1.8
Other 0.9 0.7 (1.1)
Net cash used in investing activities (130.1) (109.2) (210.9)
Cash flows from financing activities:      
Repurchases of common stock (294.5) (461.3) (422.0)
Proceeds from issuance of common stock to employees 72.1 60.6 91.0
Excess tax benefits from share-based compensation 1.0 3.9 12.6
Employees' taxes withheld and paid for restricted stock and restricted stock units (10.7) (11.0) (16.3)
Cash received from Varex term facility 200.0 0.0 0.0
Cash and cash equivalents contributed to Varex Imaging Corporation (42.6) 0.0 0.0
Borrowings under credit facility agreement 231.0 83.0 145.0
Repayments under credit facility agreement (223.5) (133.0) (195.0)
Net (repayments) borrowings under the credit facility agreements with maturities less than 90 days (322.0) 217.1 108.6
Contingent consideration and hold back (1.4) (5.6) (3.4)
Other (1.8) 0.5 2.8
Net cash used in financing activities (392.4) (245.8) (276.7)
Effects of exchange rate changes on cash and cash equivalents (3.9) (3.3) 14.2
Net decrease in cash and cash equivalents (127.3) (2.0) (3.8)
Cash and cash equivalents at beginning of period [1] 843.5 845.5 849.3
Cash and cash equivalents at end of period [1] $ 716.2 843.5 845.5
Cash and cash equivalents from discontinued operations   $ 32.1 $ 20.5
[1] Cash and cash equivalents includes $32.1 million and $20.5 million at September 30, 2016 and October 2, 2015, respectively classified as discontinued operations. See Note 2, "Discontinued Operations" for more information.