XML 21 R8.htm IDEA: XBRL DOCUMENT v3.21.2
Consolidated Statements of Cash Flows - USD ($)
 9 Months Ended
Jun. 26, 2021
Jun. 27, 2020
OPERATING ACTIVITIES    
Net income $ 1,540,900,000 $ 616,900,000
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation 64,200,000 62,800,000
Amortization of acquired intangibles 224,900,000 218,900,000
Stock-based compensation expense 51,000,000.0 53,700,000
Deferred income taxes (44,300,000) (63,300,000)
Intangible asset and equipment impairment charges 0 30,200,000
Debt extinguishment loss 21,600,000 0
Other adjustments and non-cash items 19,800,000 23,600,000
Changes in operating assets and liabilities, excluding the effect of acquisitions:    
Accounts receivable 111,500,000 (130,500,000)
Inventories (82,400,000) (48,000,000.0)
Prepaid income taxes (24,300,000) (10,600,000)
Prepaid expenses and other assets (22,300,000) (290,000,000.0)
Accounts payable 9,400,000 (55,100,000)
Accrued expenses and other liabilities (27,600,000) 40,500,000
Deferred revenue 22,600,000 5,500,000
Net cash provided by operating activities 1,865,000,000.0 454,600,000
INVESTING ACTIVITIES    
Acquisition of businesses, net of cash acquired (1,163,300,000) (43,200,000)
Proceeds From Sale Of Business 0 142,700,000
Capital expenditures (71,200,000) (53,200,000)
Increase in equipment under customer usage agreements (43,400,000) (44,900,000)
Purchase of intellectual property (6,500,000) 0
Other activity (2,100,000) (5,100,000)
Net cash used in investing activities (1,286,500,000) (3,700,000)
FINANCING ACTIVITIES    
Repayment of long-term debt (56,300,000) (36,400,000)
Proceeds from Notes Payable 950,000,000.0 0
Repayments of Senior Debt (970,800,000) 0
Proceeds from revolving credit line 0 750,000,000.0
Repayment under revolving credit line (250,000,000.0) (250,000,000.0)
Proceeds from accounts receivable securitization agreement 320,000,000.0 16,000,000.0
Repayments of Accounts Receivable Securitization 0 (250,000,000.0)
Payments to Noncontrolling Interests (8,500,000) (1,800,000)
Payment of deferred acquisition consideration 0 (24,300,000)
Payment of debt issuance costs (13,700,000) 0
Repurchase of common stock (409,700,000) (553,400,000)
Proceeds from issuance of common stock pursuant to employee stock plans 39,600,000 54,700,000
Payment of minimum tax withholdings on net share settlements of equity awards (46,900,000) (12,600,000)
Payments under finance lease obligations (1,500,000) (1,200,000)
Net cash used in financing activities (447,800,000) (309,000,000.0)
Effect of exchange rate changes on cash and cash equivalents (4,100,000) 500,000
Net increase in cash and cash equivalents 126,600,000 142,400,000
Cash and cash equivalents, beginning of period 701,000,000.0 601,800,000
Cash and cash equivalents, end of period $ 827,600,000 $ 744,200,000