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Consolidated Statements of Cash Flows - USD ($)
12 Months Ended
Sep. 24, 2022
Sep. 25, 2021
Sep. 26, 2020
OPERATING ACTIVITIES      
Net income $ 1,302,000,000 $ 1,869,700,000 $ 1,110,500,000
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation 89,200,000 88,000,000.0 83,100,000
Amortization 340,900,000 318,900,000 292,900,000
Stock-based compensation expense 66,700,000 65,000,000.0 83,300,000
Deferred income taxes and other non-cash taxes (166,200,000) (70,100,000) (94,400,000)
Impairment of intangible assets and equipment 45,100,000 0 30,200,000
Increase in contingent consideration liability (39,500,000) (6,700,000) 300,000
Debt extinguishment loss 700,000 21,600,000 0
Other adjustments and non-cash items 32,600,000 31,000,000.0 27,000,000.0
Changes in operating assets and liabilities, excluding the effect of acquisitions and dispositions:      
Accounts receivable 272,300,000 110,900,000 (427,100,000)
Inventory (136,600,000) (84,100,000) (25,300,000)
Prepaid income taxes (23,300,000) 13,000,000.0 (3,800,000)
Prepaid expenses and other assets 384,300,000 (56,300,000) (286,200,000)
Accounts payable (14,400,000) 20,400,000 (4,900,000)
Accrued expenses and other liabilities (15,800,000) (4,900,000) 96,000,000.0
Deferred revenue (12,300,000) 14,000,000.0 15,000,000.0
Net cash provided by operating activities 2,125,700,000 2,330,400,000 896,600,000
INVESTING ACTIVITIES      
Acquisition of businesses, net of cash acquired (158,600,000) (1,164,700,000) (119,400,000)
Net proceeds from sale of business 0 0 139,300,000
Purchase of property and equipment (70,600,000) (118,300,000) (98,300,000)
Proceeds received from government grants for capacity expansion 75,000,000.0 21,500,000 0
Increase in equipment under customer usage agreements (56,600,000) (59,400,000) (58,100,000)
Payments to Acquire Intangible Assets 0 (6,500,000) 0
Other activity 4,500,000 (2,200,000) (5,100,000)
Net cash used in investing activities (206,300,000) (1,329,600,000) (141,600,000)
FINANCING ACTIVITIES      
Proceeds from long-term debt, net of issuance costs 1,491,200,000 0 0
Repayment of long-term debt (1,387,500,000) (75,000,000.0) (45,800,000)
Proceeds from Senior Notes 0 936,300,000 0
Repayment of Senior Notes 0 (970,800,000) 0
Proceeds from revolving credit line 0 0 750,000,000.0
Repayments under revolving credit line 0 (250,000,000.0) (500,000,000.0)
Proceeds from accounts receivable securitization agreement 0 320,000,000.0 16,000,000.0
Repayments under accounts receivable securitization agreement (248,500,000) (71,500,000) (250,000,000.0)
Repayment of acquired debt (63,700,000) 0 0
Payments to Noncontrolling Interests 0 (8,500,000) (1,800,000)
Payment for Contingent Consideration Liability, Financing Activities (12,200,000) 0 0
Payments For Deferred Acquisition Consideration 0 (1,900,000) (24,300,000)
Repurchases of common stock (542,100,000) (409,800,000) (653,600,000)
Net proceeds from issuance of common stock under employee stock plans 33,500,000 51,300,000 65,600,000
Payment of minimum tax withholdings on net share settlements of equity awards (22,900,000) (47,500,000) (14,300,000)
Payments under finance lease obligations (3,800,000) (2,400,000) (1,700,000)
Net cash used in financing activities (756,000,000.0) (529,800,000) (659,900,000)
Effect of exchange rate changes on cash and cash equivalents 5,800,000 (1,700,000) 4,100,000
Net increase in cash and cash equivalents 1,169,200,000 469,300,000 99,200,000
Cash and cash equivalents, beginning of period 1,170,300,000 701,000,000.0 601,800,000
Cash and cash equivalents, end of period $ 2,339,500,000 $ 1,170,300,000 $ 701,000,000.0