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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Millions
 9 Months Ended
Jun. 29, 2024
Jul. 01, 2023
OPERATING ACTIVITIES    
Net income $ 209.1 $ 88.3
Adjustments to reconcile net income to net cash provided by (used in) operating activities:    
Impairment, restructuring and other 6.4 50.0
Share-based compensation expense 65.7 52.7
Depreciation 48.8 49.6
Amortization 11.8 20.8
Deferred taxes 62.0 (5.9)
Equity in (income) loss of unconsolidated affiliates 6.5 (3.5)
Changes in assets and liabilities, net of acquisitions:    
Accounts receivable (200.8) (775.9)
Inventories 273.4 448.6
Prepaid and other current assets 6.2 (0.7)
Accounts payable 73.1 (35.7)
Other current liabilities (3.2) 112.5
Other non-current items (10.2) (8.1)
Other, net 0.2 3.0
Net cash provided by (used in) operating activities 549.0 (4.3)
INVESTING ACTIVITIES    
Investments in property, plant and equipment (67.4) (73.8)
Proceeds from loans receivable 0.0 37.0
Investments in unconsolidated affiliates (21.4) 0.0
Other investing, net 8.8 (7.8)
Net cash used in investing activities (80.0) (44.6)
FINANCING ACTIVITIES    
Borrowings under revolving and bank lines of credit and term loans 648.5 1,296.4
Repayments under revolving and bank lines of credit and term loans (776.4) (1,183.8)
Dividends paid (113.7) (112.0)
Purchase of Common Shares (5.0) (9.3)
Cash received from exercise of stock options 2.4 1.7
Other financing, net 23.1 (4.0)
Net cash used in financing activities (221.1) (11.0)
Effect of exchange rate changes on cash 0.1 0.5
Net increase (decrease) in cash and cash equivalents 248.0 (59.4)
Cash and cash equivalents at beginning of period 31.9 86.8
Cash and cash equivalents at end of period $ 279.9 $ 27.4