Guarantor Financial Statements (Tables)

9 Months Ended

12 Months Ended

Jul. 03, 2016

Sep. 27, 2015

Guarantor Financial Statements [Abstract]

Consolidated Statements of Balance Sheets with Guarantor Information [Table Text Block]

Consolidated Balance Sheets (unaudited)

(In millions)

	July 3, 2016
Assets	Parent/Issuer		Guarantor Subsidiaries		Non-guarantor Subsidiaries		Eliminations			Consolidated Total
Current assets:
Cash and cash equivalents	$	—	$	375	$	97	$	—		$	472
Short-term investments - available-for-sale securities	—		153		—		—			153
Restricted cash	—		115		8		—			123
Accounts receivable	—		293		26		—			319
Intercompany receivable	—		592		—		(592		)	—
Merchandise inventories	—		452		71		—			523
Prepaid expenses and other current assets	—		131		16		—			147
Deferred income taxes	—		188		—		—			188
Total current assets	—		2,299		218		(592		)	1,925
Property and equipment, net of accumulated depreciation and amortization	—		3,003		373		—			3,376
Long-term investments - available-for-sale securities	—		—		—		—			—
Investments in consolidated subsidiaries	4,498		101		468		(5,067		)	—
Goodwill	—		703		7		—			710
Intangible assets, net of accumulated amortization	1		65		10		—			76
Deferred income taxes	—		139		4		—			143
Other assets	7		18		20		—			45
Total assets	$	4,506	$	6,328	$	1,100	$	(5,659	)	$	6,275
Liabilities and Shareholders’ Equity
Current liabilities:
Current installments of long-term debt and capital lease obligations	$	—	$	3	$	—	$	—		$	3
Accounts payable	—		209		83		—			292
Intercompany payable	280		—		312		(592		)	—
Accrued payroll, bonus and other benefits due team members	—		382		27		—			409
Dividends payable	43		—		—		—			43
Other current liabilities	5		547		25		—			577
Total current liabilities	328		1,141		447		(592		)	1,324
Long-term debt and capital lease obligations, less current installments	993		48		8		—			1,049
Deferred lease liabilities	—		579		47		—			626
Other long-term liabilities	—		89		2		—			91
Total liabilities	1,321		1,857		504		(592		)	3,090
Commitments and contingencies
Total shareholders’ equity	3,185		4,471		596		(5,067		)	3,185
Total liabilities and shareholders’ equity	$	4,506	$	6,328	$	1,100	$	(5,659	)	$	6,275

Consolidated Balance Sheets (unaudited)

(In millions)

	September 27, 2015
Assets	Parent/Issuer		Guarantor Subsidiaries		Non-guarantor Subsidiaries		Eliminations			Consolidated Total
Current assets:
Cash and cash equivalents	$	—	$	147	$	90	$	—		$	237
Short-term investments - available-for-sale securities	—		155		—		—			155
Restricted cash	—		115		12		—			127
Accounts receivable	—		194		24		—			218
Intercompany receivable	—		533		—		(533		)	—
Merchandise inventories	—		430		70		—			500
Prepaid expenses and other current assets	—		96		12		—			108
Deferred income taxes	—		199		—		—			199
Total current assets	—		1,869		208		(533		)	1,544
Property and equipment, net of accumulated depreciation and amortization	—		2,832		331		—			3,163
Long-term investments - available-for-sale securities	—		63		—		—			63
Investments in consolidated subsidiaries	4,060		93		445		(4,598		)	—
Goodwill	—		703		7		—			710
Intangible assets, net of accumulated amortization	—		69		10		—			79
Deferred income taxes	—		141		3		—			144
Other assets	10		18		10		—			38
Total assets	$	4,070	$	5,788	$	1,014	$	(5,131	)	$	5,741
Liabilities and Shareholders’ Equity
Current liabilities:
Current installments of long-term debt and capital lease obligations	$	—	$	3	$	—	$	—		$	3
Accounts payable	—		216		79		—			295
Intercompany payable	256		—		277		(533		)	—
Accrued payroll, bonus and other benefits due team members	—		411		25		—			436
Dividends payable	45		—		—		—			45
Other current liabilities	—		452		21		—			473
Total current liabilities	301		1,082		402		(533		)	1,252
Long-term debt and capital lease obligations, less current installments	—		55		7		—			62
Deferred lease liabilities	—		544		43		—			587
Other long-term liabilities	—		69		2		—			71
Total liabilities	301		1,750		454		(533		)	1,972
Commitments and contingencies
Total shareholders’ equity	3,769		4,038		560		(4,598		)	3,769
Total liabilities and shareholders’ equity	$	4,070	$	5,788	$	1,014	$	(5,131	)	$	5,741

Consolidated Balance Sheets

(In millions)

	September 27, 2015
Assets	Parent/Issuer		Guarantor Subsidiaries		Non-guarantor Subsidiaries		Eliminations			Consolidated Total
Current assets:
Cash and cash equivalents	$	—	$	147	$	90	$	—		$	237
Short-term investments - available-for-sale securities	—		155		—		—			155
Restricted cash	—		115		12		—			127
Accounts receivable	—		194		24		—			218
Intercompany receivable	—		533		—		(533		)	—
Merchandise inventories	—		430		70		—			500
Prepaid expenses and other current assets	—		96		12		—			108
Deferred income taxes	—		199		—		—			199
Total current assets	—		1,869		208		(533		)	1,544
Property and equipment, net of accumulated depreciation and amortization	—		2,832		331		—			3,163
Long-term investments - available-for-sale securities	—		63		—		—			63
Investments in consolidated subsidiaries	4,060		93		445		(4,598		)	—
Goodwill	—		703		7		—			710
Intangible assets, net of accumulated amortization	—		69		10		—			79
Deferred income taxes	—		141		3		—			144
Other assets	10		18		10		—			38
Total assets	$	4,070	$	5,788	$	1,014	$	(5,131	)	$	5,741
Liabilities and Shareholders’ Equity
Current liabilities:
Current installments of capital lease obligations	$	—	$	3	$	—	$	—		$	3
Accounts payable	—		216		79		—			295
Intercompany payable	256		—		277		(533		)	—
Accrued payroll, bonus and other benefits due team members	—		411		25		—			436
Dividends payable	45		—		—		—			45
Other current liabilities	—		452		21		—			473
Total current liabilities	301		1,082		402		(533		)	1,252
Long-term capital lease obligations, less current installments	—		55		7		—			62
Deferred lease liabilities	—		544		43		—			587
Other long-term liabilities	—		69		2		—			71
Total liabilities	301		1,750		454		(533		)	1,972
Commitments and contingencies
Total shareholders’ equity	3,769		4,038		560		(4,598		)	3,769
Total liabilities and shareholders’ equity	$	4,070	$	5,788	$	1,014	$	(5,131	)	$	5,741

Consolidated Balance Sheets

(In millions)

	September 28, 2014
Assets	Parent/Issuer		Guarantor Subsidiaries		Non-guarantor Subsidiaries		Eliminations			Consolidated Total
Current assets:
Cash and cash equivalents	$	—	$	96	$	94	$	—		$	190
Short-term investments - available-for-sale securities	—		553		—		—			553
Restricted cash	—		100		9		—			109
Accounts receivable	—		179		19		—			198
Intercompany receivable	322		—		—		(322		)	—
Merchandise inventories	—		387		54		—			441
Prepaid expenses and other current assets	—		86		11		—			97
Deferred income taxes	—		168		—		—			168
Total current assets	322		1,569		187		(322		)	1,756
Property and equipment, net of accumulated depreciation and amortization	—		2,574		349		—			2,923
Long-term investments - available-for-sale securities	—		120		—		—			120
Investments in consolidated subsidiaries	3,524		83		407		(4,014		)	—
Goodwill	—		703		5		—			708
Intangible assets, net of accumulated amortization	—		72		9		—			81
Deferred income taxes	—		129		3		—			132
Other assets	10		9		5		—			24
Total assets	$	3,856	$	5,259	$	965	$	(4,336	)	$	5,744
Liabilities and Shareholders’ Equity
Current liabilities:
Current installments of capital lease obligations	$	—	$	2	$	—	$	—		$	2
Accounts payable	—		202		74		—			$	276
Intercompany payable	—		64		258		(322		)	$	—
Accrued payroll, bonus and other benefits due team members	—		352		27		—			$	379
Dividends payable	43		—		—		—			$	43
Other current liabilities	—		527		30		—			$	557
Total current liabilities	43		1,147		389		(322		)	1,257
Long-term capital lease obligations, less current installments	—		53		7		—			60
Deferred lease liabilities	—		507		41		—			548
Other long-term liabilities	—		63		3		—			66
Total liabilities	43		1,770		440		(322		)	1,931
Commitments and contingencies
Total shareholders’ equity	3,813		3,489		525		(4,014		)	3,813
Total liabilities and shareholders’ equity	$	3,856	$	5,259	$	965	$	(4,336	)	$	5,744

Consolidated Statements of Operations with Guarantor Information [Table Text Block]

Consolidated Statements of Operations (unaudited)

(In millions)

	Twelve weeks ended July 3, 2016
	Parent/Issuer			Guarantor Subsidiaries			Non-guarantor Subsidiaries			Eliminations			Consolidated Total
Sales	$	—		$	3,511		$	229		$	(37	)	$	3,703
Cost of goods sold and occupancy costs	—			2,293			160			(36		)	2,417
Gross profit	—			1,218			69			(1		)	1,286
Selling, general and administrative expenses	—			996			61			—			1,057
Pre-opening expenses	—			17			1			—			18
Relocation, store closure and lease termination costs	—			2			—			—			2
Operating income	—			203			7			(1		)	209
Interest expense	(12		)	—			—			—			(12		)
Investment and other income (expense)	—			(1		)	(1		)	1			(1		)
Equity in net income of subsidiaries	127			3			8			(138		)	—
Income before income taxes	115			205			14			(138		)	196
Provision for income taxes	(5		)	79			2			—			76
Net income	$	120		$	126		$	12		$	(138	)	$	120

	Twelve weeks ended July 5, 2015
	Parent/Issuer		Guarantor Subsidiaries		Non-guarantor Subsidiaries			Eliminations			Consolidated Total
Sales	$	—	$	3,439	$	229		$	(36	)	$	3,632
Cost of goods sold and occupancy costs	—		2,214		160			(35		)	2,339
Gross profit	—		1,225		69			(1		)	1,293
Selling, general and administrative expenses	—		971		61			—			1,032
Pre-opening expenses	—		12		—			—			12
Relocation, store closure and lease termination costs	—		2		—			—			2
Operating income	—		240		8			(1		)	247
Investment and other income (expense)	—		5		(1		)	1			5
Equity in net income of subsidiaries	154		2		13			(169		)	—
Income before income taxes	154		247		20			(169		)	252
Provision for income taxes	—		95		3			—			98
Net income	$	154	$	152	$	17		$	(169	)	$	154

Consolidated Statements of Operations (unaudited)

(In millions)

	Forty weeks ended July 3, 2016
	Parent/Issuer			Guarantor Subsidiaries		Non-guarantor Subsidiaries			Eliminations			Consolidated Total
Sales	$	—		$	11,606	$	741		$	(120	)	$	12,227
Cost of goods sold and occupancy costs	—			7,611		516			(117		)	8,010
Gross profit	—			3,995		225			(3		)	4,217
Selling, general and administrative expenses	—			3,262		196			—			3,458
Pre-opening expenses	—			44		5			—			49
Relocation, store closure and lease termination costs	—			8		—			—			8
Operating income	—			681		24			(3		)	702
Interest expense	(30		)	—		—			—			(30		)
Investment and other income (expense)	—			8		(4		)	4			8
Equity in net income of subsidiaries	437			8		23			(468		)	—
Income before income taxes	407			697		43			(467		)	680
Provision for income taxes	(12		)	265		8			—			261
Net income	$	419		$	432	$	35		$	(467	)	$	419

	Forty weeks ended July 5, 2015
	Parent/Issuer		Guarantor Subsidiaries		Non-guarantor Subsidiaries			Eliminations			Consolidated Total
Sales	$	—	$	11,305	$	770		$	(124	)	$	11,951
Cost of goods sold and occupancy costs	—		7,299		542			(120		)	7,721
Gross profit	—		4,006		228			(4		)	4,230
Selling, general and administrative expenses	—		3,185		207			—			3,392
Pre-opening expenses	—		51		2			—			53
Relocation, store closure and lease termination costs	—		11		1			—			12
Operating income	—		759		18			(4		)	773
Investment and other income (expense)	—		11		(2		)	3			12
Equity in net income of subsidiaries	479		8		31			(518		)	—
Income before income taxes	479		778		47			(519		)	785
Provision for income taxes	—		300		6			—			306
Net income	$	479	$	478	$	41		$	(519	)	$	479

Statements of Operations

(In millions)

	September 27, 2015
	Parent/Issuer		Guarantor Subsidiaries		Non-guarantor Subsidiaries			Eliminations			Consolidated Total
Sales	$	—	$	14,565	$	968		$	(144	)	$	15,389
Cost of goods sold and occupancy costs	—		9,433		679			(139		)	9,973
Gross profit	—		5,132		289			(5		)	5,416
Selling, general and administrative expenses	—		4,182		290			—			4,472
Pre-opening expenses	—		65		2			—			67
Relocation, store closure and lease termination costs	—		15		1			—			16
Operating income (loss)	—		870		(4		)	(5		)	861
Investment and other income, net of interest expense	—		16		(3		)	4			17
Equity in net income of subsidiaries	536		9		38			(583		)	—
Income before income taxes	536		895		31			(584		)	878
Provision for income taxes	—		345		(3		)	—			342
Net income	$	536	$	550	$	34		$	(584	)	$	536

	September 28, 2014
	Parent/Issuer		Guarantor Subsidiaries		Non-guarantor Subsidiaries			Eliminations			Consolidated Total
Sales	$	—	$	13,408	$	920		$	(134	)	$	14,194
Cost of goods sold and occupancy costs	—		8,648		632			(130		)	9,150
Gross profit	—		4,760		288			(4		)	5,044
Selling, general and administrative expenses	—		3,780		252			—			4,032
Pre-opening expenses	—		60		7			—			67
Relocation, store closure and lease termination costs	—		10		1			—			11
Operating income	—		910		28			(4		)	934
Investment and other income (loss), net of interest expense	—		10		(2		)	4			12
Equity in net income of subsidiaries	579		11		48			(638		)	—
Income before income taxes	579		931		74			(638		)	946
Provision for income taxes	—		357		10			—			367
Net income	$	579	$	574	$	64		$	(638	)	$	579

	September 29, 2013
	Parent/Issuer		Guarantor Subsidiaries		Non-guarantor Subsidiaries			Eliminations			Consolidated Total
Sales	$	—	$	12,167	$	897		$	(147	)	$	12,917
Cost of goods sold and occupancy costs	—		7,809		624			(145		)	8,288
Gross profit	—		4,358		273			(2		)	4,629
Selling, general and administrative expenses	—		3,450		232			—			3,682
Pre-opening expenses	—		46		6			—			52
Relocation, store closure and lease termination costs	—		12		—			—			12
Operating income	—		850		35			(2		)	883
Investment and other income (loss), net of interest expense	—		10		(1		)	2			11
Equity in net income of subsidiaries	551		11		52			(614		)	—
Income before income taxes	551		871		86			(614		)	894
Provision for income taxes	—		330		13			—			343
Net income	$	551	$	541	$	73		$	(614	)	$	551

Consolidated Statements of Comprehensive Income with Guarantor Information [Table Text Block]

Consolidated Statements of Comprehensive Income (unaudited)

(In millions)

	Twelve weeks ended July 3, 2016
	Parent/Issuer		Guarantor Subsidiaries			Non-guarantor Subsidiaries		Eliminations			Consolidated Total
Net income	$	120	$	126		$	12	$	(138	)	$	120
Other comprehensive income (loss), net of tax:
Foreign currency translation adjustments	—		(4		)	3		—			(1		)
Other comprehensive income (loss), net of tax	—		(4		)	3		—			(1		)
Comprehensive income	$	120	$	122		$	15	$	(138	)	$	119

	Twelve weeks ended July 5, 2015
	Parent/Issuer		Guarantor Subsidiaries		Non-guarantor Subsidiaries			Eliminations			Consolidated Total
Net income	$	154	$	152	$	17		$	(169	)	$	154
Other comprehensive income (loss), net of tax:
Foreign currency translation adjustments	—		5		(2		)	—			3
Other comprehensive income (loss), net of tax	—		5		(2		)	—			3
Comprehensive income	$	154	$	157	$	15		$	(169	)	$	157

	Forty weeks ended July 3, 2016
	Parent/Issuer		Guarantor Subsidiaries			Non-guarantor Subsidiaries		Eliminations			Consolidated Total
Net income	$	419	$	432		$	35	$	(467	)	$	419
Other comprehensive income (loss), net of tax:
Foreign currency translation adjustments	—		(10		)	9		—			(1		)
Other comprehensive income (loss), net of tax	—		(10		)	9		—			(1		)
Comprehensive income	$	419	$	422		$	44	$	(467	)	$	418

	Forty weeks ended July 5, 2015
	Parent/Issuer		Guarantor Subsidiaries			Non-guarantor Subsidiaries			Eliminations			Consolidated Total
Net income	$	479	$	478		$	41		$	(519	)	$	479
Other comprehensive income (loss), net of tax:
Foreign currency translation adjustments	—		(5		)	(10		)	—			(15		)
Other comprehensive income (loss), net of tax	—		(5		)	(10		)	—			(15		)
Comprehensive income	$	479	$	473		$	31		$	(519	)	$	464

Consolidated Statements of Comprehensive Income

(In millions)

	September 27, 2015
	Parent/Issuer		Guarantor Subsidiaries			Non-guarantor Subsidiaries			Eliminations			Consolidated Total
Net income	$	536	$	550		$	34		$	(584	)	$	536
Other comprehensive loss, net of tax:
Foreign currency translation adjustments	—		(7		)	(14		)	—			(21		)
Other comprehensive loss, net of tax	—		(7		)	(14		)	—			(21		)
Comprehensive income	$	536	$	543		$	20		$	(584	)	$	515

	September 28, 2014
	Parent/Issuer		Guarantor Subsidiaries		Non-guarantor Subsidiaries			Eliminations			Consolidated Total
Net income	$	579	$	574	$	64		$	(638	)	$	579
Other comprehensive loss, net of tax:
Foreign currency translation adjustments	—		—		(8		)	—			(8		)
Other comprehensive loss, net of tax	—		—		(8		)	—			(8		)
Comprehensive income	$	579	$	574	$	56		$	(638	)	$	571

	September 29, 2013
	Parent/Issuer		Guarantor Subsidiaries		Non-guarantor Subsidiaries			Eliminations			Consolidated Total
Net income	$	551	$	541	$	73		$	(614	)	$	551
Other comprehensive loss, net of tax:
Foreign currency translation adjustments	—		—		(4		)	—			(4		)
Other comprehensive loss, net of tax	—		—		(4		)	—			(4		)
Comprehensive income	$	551	$	541	$	69		$	(614	)	$	547

Condensed Consolidated Statements of Cash Flows with Guarantor Information [Table Text Block]

Condensed Consolidated Statementsof Cash Flows (unaudited)

(In millions)

	Forty weeks ended July 3,2016
	Parent/Issuer			Guarantor Subsidiaries			Non-guarantor Subsidiaries			Eliminations			Consolidated Total
Net cash provided by (used in) operating activities	$	(27	)	$	749		$	42		$	—		$	764
Cash flows from investing activities
Purchase of property plant and equipment	—			(457		)	(64		)	—			(521		)
Purchases of available-for-sale securities	—			(311		)	—			—			(311		)
Sales and maturities of available-for-sale securities	—			375			—			—			375
Decrease in restricted cash	—			3			—			—			3
Payment for purchase of acquired entities, net of cash acquired	—			—			(11		)	—			(11		)
Intercompany activity	84			—			—			(84		)	—
Other investing activities	—			(12		)	—			—			(12		)
Net cash provided by (used in) investing activities	84			(402		)	(75		)	(84		)	(477		)
Cash flows from financing activities
Purchases of treasury stock	(929		)	—			—			—			(929		)
Common stock dividends paid	(133		)	—			—			—			(133		)
Issuance of common stock	17			—			—			—			17
Excess tax benefit related to exercise of team member stock options	4			—			—			—			4
Proceeds from long-term borrowings	999			—			—			—			999
Proceeds from revolving line of credit	300			—			—			—			300
Payments on long-term debt and capital lease obligations	(306		)	—			—			—			(306		)
Intercompany activity	—			(119		)	35			84			—
Other financing activities	(9		)	—			—			—			(9		)
Net cash provided by (used in) financing activities	(57		)	(119		)	35			84			(57		)
Effect of exchange rate changes on cash and cash equivalents	—			—			5			—			5
Net change in cash and cash equivalents	—			228			7			—			235
Cash and cash equivalents at beginning of period	—			147			90			—			237
Cash and cash equivalents at end of period	$	—		$	375		$	97		$	—		$	472

Condensed Consolidated Statementsof Cash Flows (unaudited)

(In millions)

	Forty weeks ended July 5, 2015
	Parent/Issuer			Guarantor Subsidiaries			Non-guarantor Subsidiaries			Eliminations			Consolidated Total
Net cash provided by operating activities	$	—		$	951		$	46		$	—		$	997
Cash flows from investing activities
Purchase of property plant and equipment	—			(643		)	(36		)	—			(679		)
Purchases of available-for-sale securities	—			(458		)	—			—			(458		)
Sales and maturities of available-for-sale securities	—			497			—			—			497
Increase in restricted cash	—			(19		)	—			—			(19		)
Payment for purchase of acquired entities, net of cash acquired	—			—			(4		)	—			(4		)
Intercompany activity	255			—			—			(255		)	—
Other investing activities	—			(8		)	—			—			(8		)
Net cash provided by (used in) investing activities	255			(631		)	(40		)	(255		)	(671		)
Cash flows from financing activities
Purchases of treasury stock	(188		)	—			—			—			(188		)
Common stock dividends paid	(137		)	—			—			—			(137		)
Issuance of common stock	61			—			—			—			61
Excess tax benefit related to exercise of team member stock options	10			—			—			—			10
Intercompany activity	—			(259		)	4			255			—
Other financing activities	(1		)	—			—			—			(1		)
Net cash provided by (used in) financing activities	(255		)	(259		)	4			255			(255		)
Effect of exchange rate changes on cash and cash equivalents	—			—			(4		)	—			(4		)
Net change in cash and cash equivalents	—			61			6			—			67
Cash and cash equivalents at beginning of period	—			96			94			—			190
Cash and cash equivalents at end of period	$	—		$	157		$	100		$	—		$	257

Condensed Consolidated Statements of Cash Flows

(In millions)

	September 27, 2015
	Parent/Issuer			Guarantor Subsidiaries			Non-guarantor Subsidiaries			Eliminations			Consolidated Total
Net cash provided by operating activities	$	—		$	1,095		$	34		$	—		$	1,129
Cash flows from investing activities
Purchases of property, plant and equipment	—			(803		)	(48		)	—			(851		)
Purchases of available-for-sale securities	—			(494		)	—			—			(494		)
Sales and maturities of available-for-sale securities	—			928			—			—			928
Purchases of intangible assets	—			(3		)	—			—			(3		)
Increase in restricted cash	—			(19		)	—			—			(19		)
Payment for purchase of acquired entities, net of cash acquired	—			—			(4		)	—			(4		)
Intercompany activity	622			—			—			(622		)	—
Other investing activities	—			(12		)	—			—			(12		)
Net cash provided by (used in) investing activities	622			(403		)	(52		)	(622		)	(455		)
Cash flows from financing activities
Purchases of treasury stock	(513		)	—			—			—			(513		)
Common stock dividends paid	(184		)	—			—			—			(184		)
Issuance of common stock	66			—			—			—			66
Excess tax benefit related to exercise of team member stock options	11			—			—			—			11
Proceeds from long-term borrowings	—			—			—			—			—
Payments on long-term debt and capital lease obligations	—			—			—			—			—
Intercompany activity	—			(641		)	19			622			—
Other financing activities	(2		)	—			—			—			(2		)
Net cash provided by (used in) financing activities	(622		)	(641		)	19			622			(622		)
Effect of exchange rate changes on cash and cash equivalents	—			—			(5		)	—			(5		)
Net change in cash and cash equivalents	—			51			(4		)	—			47
Cash and cash equivalents at beginning of period	—			96			94			—			190
Cash and cash equivalents at end of period	$	—		$	147		$	90		$	—		$	237

Condensed Consolidated Statementsof Cash Flows

(In millions)

	September 28, 2014
	Parent/Issuer			Guarantor Subsidiaries			Non-guarantor Subsidiaries			Eliminations			Consolidated Total
Net cash provided by operating activities	$	—		$	977		$	111		$	—		$	1,088
Cash flows from investing activities
Purchases of property, plant and equipment	—			(623		)	(87		)	—			(710		)
Purchases of available-for-sale securities	—			(720		)	—			—			(720		)
Sales and maturities of available-for-sale securities	—			1,054			—			—			1,054
Purchases of intangible assets	—			(20		)	—			—			(20		)
Decrease in restricted cash	—			2			—			—			2
Payment for purchase of acquired entities, net of cash acquired	—			(32		)	(41		)	—			(73		)
Intercompany activity	698			—			—			(698		)	—
Other investing activities	—			(17		)	—			—			(17		)
Net cash provided by (used in) investing activities	698			(356		)	(128		)	(698		)	(484		)
Cash flows from financing activities
Purchases of treasury stock	(578		)	—			—			—			(578		)
Common stock dividends paid	(170		)	—			—			—			(170		)
Issuance of common stock	42			—			—			—			42
Excess tax benefit related to exercise of team member stock options	9			—			—			—			9
Proceeds from long-term borrowings	—			—			—			—			—
Payments on long-term debt and capital lease obligations	—			—			—			—			—
Intercompany activity	—			(730		)	32			698			—
Other financing activities	(1		)	—			—			—			(1		)
Net cash provided by (used in) financing activities	(698		)	(730		)	32			698			(698		)
Effect of exchange rate changes on cash and cash equivalents	—			—			(6		)	—			(6		)
Net change in cash and cash equivalents	—			(109		)	9			—			(100		)
Cash and cash equivalents at beginning of period	—			205			85			—			290
Cash and cash equivalents at end of period	$	—		$	96		$	94		$	—		$	190

Condensed Consolidated Statementsof Cash Flows

(In millions)

	September 29, 2013
	Parent/Issuer			Guarantor Subsidiaries			Non-guarantor Subsidiaries			Eliminations			Consolidated Total
Net cash provided by operating activities	$	—		$	918		$	91		$	—		$	1,009
Cash flows from investing activities
Purchases of property, plant and equipment	—			(480		)	(57		)	—			(537		)
Purchases of available-for-sale securities	—			(1,252		)	—			—			(1,252		)
Sales and maturities of available-for-sale securities	—			1,534			—			—			1,534
Purchases of intangible assets	—			(1		)	—			—			(1		)
Increase in restricted cash	—			(8		)	—			—			(8		)
Payment for purchase of acquired entities, net of cash acquired	—			(22		)	—			—			(22		)
Intercompany activity	517			—			—			(517		)	—
Other investing activities	—			(3		)	—			—			(3		)
Net cash provided by (used in) investing activities	517			(232		)	(57		)	(517		)	(289		)
Cash flows from financing activities
Purchases of treasury stock	(125		)	—			—			—			(125		)
Common stock dividends paid	(508		)	—			—			—			(508		)
Issuance of common stock	81			—			—			—			81
Excess tax benefit related to exercise of team member stock options	37			—			—			—			37
Proceeds from long-term borrowings	—			—			—			—			—
Payments on long-term debt and capital lease obligations	—			—			—			—			—
Intercompany activity	—			(529		)	12			517			—
Other financing activities	(2		)	—			—			—			(2		)
Net cash provided by (used in) financing activities	(517		)	(529		)	12			517			(517		)
Effect of exchange rate changes on cash and cash equivalents	—			—			(2		)	—			(2		)
Net change in cash and cash equivalents	—			157			44			—			201
Cash and cash equivalents at beginning of period	—			48			41			—			89
Cash and cash equivalents at end of period	$	—		$	205		$	85		$	—		$	290