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Consolidated Statements Of Cash Flows - USD ($)
$ in Millions
3 Months Ended
Dec. 27, 2024
Dec. 29, 2023
Cash flows from operating activities:    
Net income $ 162.0 $ 231.3
Adjustments to reconcile net income to net cash provided by operating activities:    
Share-based compensation 51.1 53.3
Depreciation 67.6 64.7
Amortization of intangible assets 48.4 48.1
Deferred income taxes (0.5) (2.6)
Asset impairment charges 0.0 16.1
Amortization of debt discount and issuance costs 0.5 1.9
Other, net (3.1) (4.4)
Changes in assets and liabilities:    
Receivables, net (11.2) 204.9
Inventory 86.9 192.2
Accounts payable (19.9) (18.7)
Other current and long-term assets and liabilities (4.6) (11.9)
Net cash provided by operating activities 377.2 774.9
Cash flows from investing activities:    
Capital expenditures (39.0) (22.2)
Purchased intangibles (9.8) (7.6)
Purchases of marketable securities (150.7) (1.1)
Sales and maturities of marketable securities 204.9 3.2
Other 2.1 4.2
Net cash provided by (used in) investing activities 7.5 (23.5)
Cash flows from financing activities:    
Repurchase of common stock - payroll tax withholdings on equity awards (38.3) (32.7)
Dividends paid (112.5) (108.9)
Net proceeds from exercise of stock options 0.0 1.1
Payments of debt 0.0 (300.0)
Net cash used in financing activities (150.8) (440.5)
Net increase in cash and cash equivalents 233.9 310.9
Cash and cash equivalents at beginning of period 1,368.6 718.8
Cash and cash equivalents at end of period 1,602.5 1,029.7
Supplemental cash flow disclosures:    
Income taxes paid 3.3 5.1
Interest paid 12.0 15.0
Incentives paid in common stock 0.0 1.2
Non-cash investing in capital expenditures, accrued but not paid 30.0 7.4
Operating lease assets obtained in exchange for new lease liabilities $ 4.0 $ 4.9