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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Millions
3 Months Ended
Jan. 01, 2022
Jan. 02, 2021
OPERATING ACTIVITIES    
Net income (loss) $ (50.0) $ 25.2
Adjustments to reconcile net income (loss) to net cash used in operating activities:    
Share-based compensation expense 7.3 8.2
Depreciation 16.0 15.7
Amortization 8.9 7.4
Equity in loss of unconsolidated affiliates 7.3 0.0
Other, net 6.7 (14.3)
Changes in assets and liabilities, net of acquired businesses:    
Accounts receivable 71.6 1.1
Inventories (503.1) (442.8)
Prepaid and other assets (34.4) (10.2)
Accounts payable (145.2) 126.8
Other current liabilities (149.0) (125.7)
Other non-current items (1.3) (11.3)
Other, net 0.1 (0.8)
Net cash used in operating activities (765.1) (420.7)
INVESTING ACTIVITIES    
Investments in property, plant and equipment (46.1) (34.6)
Investments in unconsolidated affiliates 0.0 (100.7)
Payment for acquisitions, net of cash acquired (202.5) (10.0)
Other investing, net 3.4 (2.9)
Net cash used in investing activities (245.2) (148.2)
FINANCING ACTIVITIES    
Borrowings under revolving and bank lines of credit and term loans 989.1 712.9
Repayments under revolving and bank lines of credit and term loans (40.8) (67.5)
Dividends paid (37.1) (34.6)
Purchase of Common Shares (129.5) (38.4)
Cash received from exercise of stock options 0.9 1.1
Net cash provided by financing activities 782.6 573.5
Effect of exchange rate changes on cash 0.0 0.3
Net (decrease) increase in cash and cash equivalents (227.7) 4.9
Cash and cash equivalents at beginning of period 244.1 16.6
Cash and cash equivalents at end of period $ 16.4 $ 21.5