XML 21 R7.htm IDEA: XBRL DOCUMENT v3.24.3
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
6 Months Ended
Sep. 27, 2024
Sep. 29, 2023
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net income $ 353 $ 617
Depreciation, amortization and other impairment charges 257 260
Changes in working capital and other, net 49 (514)
Net cash provided by operating activities 659 363
CASH FLOWS FROM INVESTING ACTIVITIES:    
Purchases of property and equipment (214) (319)
Proceeds from the disposition of property and equipment 6 19
Acquisition of businesses, net of cash acquired (1) 0
Other investing activities, net 3 3
Net cash used in investing activities (206) (297)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Proceeds from bank borrowings and long-term debt 499 2
Payments of bank borrowings, long-term debt and other financing liabilities (57) (398)
Payments for repurchases of ordinary shares (757) (506)
Proceeds from issuances of Nextracker shares 0 552
Payment for purchase of Nextracker LLC units from TPG 0 (57)
Other, net (6) (53)
Net cash used in financing activities (321) (460)
Effect of exchange rates on cash and cash equivalents (5) 0
Net change in cash and cash equivalents 127 (394)
Cash and cash equivalents, beginning of period 2,474 3,294
Cash and cash equivalents, end of period 2,601 2,900
Non-cash investing activities:    
Unpaid purchases of property and equipment 96 117
Right-of-use assets obtained in exchange of operating lease liabilities $ 37 $ 77