XML 17 R6.htm IDEA: XBRL DOCUMENT v3.19.1
Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Millions
6 Months Ended
Mar. 31, 2019
Apr. 01, 2018
Repayments of Long-term Debt $ 350.0 $ 0.0
OPERATING ACTIVITIES:    
Net earnings including noncontrolling interests 1,419.0 2,909.9
Adjustments to reconcile net earnings to net cash provided by operating activities:    
Depreciation and amortization 723.5 617.6
Deferred income taxes, net (714.5) 732.6
Income earned from equity method investees (108.2) (107.4)
Distributions received from equity method investees 93.3 144.3
Gain resulting from acquisition of joint venture 0.0 (1,373.9)
Gain resulting from divestiture of certain retail operations (21.0) (496.3)
Stock-based compensation 192.1 116.5
Goodwill impairments 5.4 28.5
Other Noncash Income (Expense) 91.1 1.3
Cash provided by changes in operating assets and liabilities:    
Accounts receivable 9.8 5.2
Inventories (51.0) 10.3
Prepaid expenses and other current assets (774.6) 677.7
Accounts payable (83.4) 25.5
Deferred revenue 9.4 163.7
Other operating assets and liabilities (429.3) (188.4)
Net cash provided by operating activities 2,769.4 2,288.5
INVESTING ACTIVITIES:    
Purchases of investments (150.2) (52.0)
Sales of investments 218.3 388.7
Maturities and calls of investments 55.1 26.5
Additions to property, plant and equipment (845.6) (896.7)
Acquistion of equity in joint venture, net of cash acquired 0.0 (1,311.3)
Proceeds from sale of equity in joint venture 48.5 608.2
Other (37.1) (2.3)
Net cash used by investing activities (711.0) (1,238.9)
FINANCING ACTIVITIES:    
Proceeds from Issuance of Commercial Paper 75.0 0.0
Proceeds from issuance of long-term debt 0.0 2,596.5
Proceeds from issuance of common stock 275.7 106.3
Cash dividends paid (894.5) (847.9)
Repurchase of common stock (7,827.9) (3,192.1)
Minimum tax withholdings on share-based awards (56.3) (57.6)
Other 0.1 (17.7)
Net cash used by financing activities (8,777.9) (1,412.5)
Effect of exchange rate changes on cash and cash equivalents 18.3 42.6
Net increase/(decrease) in cash and cash equivalents (6,701.2) (320.3)
CASH AND CASH EQUIVALENTS:    
Beginning of period 8,756.3 2,462.3
End of period 2,055.1 2,142.0
Cash paid during the period for:    
Interest, net of capitalized interest 132.7 47.7
Income taxes, net of refunds $ (168.8) $ 723.4