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Consolidated Statements of Cash Flows - USD ($)
$ in Millions
9 Months Ended
Jun. 27, 2020
Jun. 29, 2019
OPERATING ACTIVITIES    
Net income (loss) $ 616.9 $ (80.1)
Adjustments to reconcile net income (loss) to net cash provided by operating activities:    
Depreciation 62.8 69.7
Amortization of acquired intangibles 218.9 280.0
Stock-based compensation expense 53.7 48.5
Deferred income taxes (63.3) (194.8)
Intangible asset and equipment impairment charges 30.2 443.8
Other adjustments and non-cash items 23.6 24.3
Changes in operating assets and liabilities, excluding the effect of acquisitions and dispositions:    
Accounts receivable (130.5) (9.7)
Inventories (48.0) (81.7)
Prepaid income taxes (10.6) (11.5)
Prepaid expenses and other assets (290.0) (11.8)
Accounts payable (55.1) (30.9)
Accrued expenses and other liabilities 40.5 (47.9)
Deferred revenue 5.5 3.9
Net cash provided by operating activities 454.6 401.8
INVESTING ACTIVITIES    
Acquisition of businesses, net of cash acquired (43.2) (109.4)
Proceeds From Sale Of Business 142.7 0.0
Capital expenditures (53.2) (37.8)
Increase in equipment under customer usage agreements (44.9) (39.9)
Payments to Acquire Trading Securities Held-for-investment 0.0 3.0
Purchase of insurance contracts 2.4 0.0
Purchase of intellectual property 0.0 (4.5)
Other activity (2.7) (5.3)
Net cash used in investing activities (3.7) (199.9)
FINANCING ACTIVITIES    
Proceeds from long-term debt 0.0 1,500.0
Repayment of long-term debt (28.1) (1,462.5)
Proceeds from revolving credit line 750.0 480.0
Repayments under revolving credit line (250.0) (780.0)
Proceeds from accounts receivable securitization agreement 16.0 43.0
Repayments of Accounts Receivable Securitization 250.0 34.0
Payments to Noncontrolling Interests (1.8) 0.0
Payment of deferred acquisition consideration (24.3) (2.6)
Repayments of acquired long term debt (8.3) (2.5)
Payment of debt issuance costs 0.0 (2.7)
Payments to repurchase common stock pursuant to ASR agreement (205.0) 0.0
Repurchase of common stock (348.4) (200.1)
Interest Rate Cap Agreements Aggregate Premium Payable 0.0 1.5
Proceeds from issuance of common stock pursuant to employee stock plans 54.7 35.9
Payments under finance lease obligations (1.2) (1.3)
Net cash used in financing activities (309.0) (440.7)
Payment of minimum tax withholdings on net share settlements of equity awards (12.6) (12.4)
Effect of exchange rate changes on cash and cash equivalents 0.5 0.0
Net increase (decrease) in cash and cash equivalents 142.4 (238.8)
Cash and cash equivalents, beginning of period 601.8 666.7
Cash and cash equivalents, end of period $ 744.2 $ 427.9