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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Millions
9 Months Ended
Jul. 02, 2022
Jul. 03, 2021
OPERATING ACTIVITIES    
Net income (loss) $ (217.5) $ 561.3
Adjustments to reconcile net income (loss) to net cash used in operating activities:    
Impairment, restructuring and other 641.8 0.0
Deferred taxes (162.7) 7.6
Share-based compensation expense 28.6 34.0
Depreciation 50.3 47.0
Amortization 28.5 23.0
Equity in income of unconsolidated affiliates (1.3) (20.0)
Other, net 0.5 (11.4)
Changes in assets and liabilities, net of acquired businesses:    
Accounts receivable (467.7) (558.1)
Inventories (256.6) (337.2)
Prepaid and other assets (36.1) (62.5)
Accounts payable (288.3) 87.9
Other current liabilities (50.1) 24.7
Restructuring and other 33.7 (1.9)
Other non-current items 20.6 (2.3)
Other, net (3.3) 0.8
Net cash used in operating activities (679.6) (207.1)
INVESTING ACTIVITIES    
Proceeds from sale of long-lived assets 9.4 0.1
Investments in property, plant and equipment (99.0) (77.9)
Investments in unconsolidated affiliates 0.0 (102.3)
Payment for acquisitions, net of cash acquired (237.3) (21.8)
Purchase of convertible debt investments (25.0) 0.0
Other investing, net 17.4 (10.0)
Net cash used in investing activities (334.5) (211.9)
FINANCING ACTIVITIES    
Borrowings under revolving and bank lines of credit and term loans 3,440.0 1,231.9
Repayments under revolving and bank lines of credit and term loans (2,253.3) (1,064.9)
Financing and issuance fees (9.7) (7.2)
Dividends paid (129.6) (106.1)
Purchase of Common Shares (257.7) (91.0)
Cash received from exercise of stock options 2.6 14.3
Acquisition of noncontrolling interests 0.0 (17.4)
Other financing, net 5.6 0.0
Net cash provided by financing activities 797.9 459.6
Effect of exchange rate changes on cash (0.1) 1.1
Net increase (decrease) in cash and cash equivalents (216.3) 41.7
Cash and cash equivalents at beginning of period 244.1 16.6
Cash and cash equivalents at end of period 27.8 58.3
4.000% Senior Notes    
FINANCING ACTIVITIES    
Proceeds from issuance of 4.000% Senior Notes $ 0.0 $ 500.0