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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
3 Months Ended 9 Months Ended 12 Months Ended
Sep. 27, 2024
Mar. 29, 2024
Sep. 29, 2023
Mar. 31, 2023
Sep. 27, 2024
Sep. 29, 2023
Dec. 29, 2023
Cash flows from operations:              
Net income (loss) $ 362 $ 283 $ (396) $ 164 $ 969 $ (22)  
Adjustments to reconcile net income (loss) to net cash provided by operations:              
Depreciation and amortization         211 248  
Stock-based compensation         59 57  
Deferred income taxes         (96) (192)  
Goodwill impairment charges 0   599   0 599 $ 596
Asset impairment charges 6   88   6 88  
Other         5 25  
Change in assets and liabilities, net of effects of acquisitions:              
Receivables         (260) (109)  
Other current assets and other long-term assets         102 141  
Accounts payable and accrued liabilities and other long-term liabilities         (149) 22  
Accrued payroll and employee benefits         208 105  
Income taxes receivable/payable         38 (101)  
Net cash provided by operating activities         1,093 861   Close
Cash flows from investing activities:              
Acquisition of a business, net of cash acquired         0 (6)  
Payments for property, equipment and software         (63) (129)  
Net proceeds from sale of assets         2 0  
Other         5 0  
Net cash used in investing activities         (56) (135)   Close
Cash flows from financing activities:              
Proceeds from debt issuance         0 1,743  
Repayments of borrowings         (14) (2,041)  
Payments for debt issuance costs         0 (7)  
Dividend payments         (155) (150)  
Repurchases of stock and other         (500) (44)  
Proceeds from issuances of stock         28 37  
Net capital distributions to non-controlling interests         (3) (8)  
Net cash used in financing activities         (644) (470)   Close
Effect of foreign exchange rate changes on cash, cash equivalents and restricted cash         5 0   Close
Net increase in cash, cash equivalents and restricted cash         398 256   Close
Cash, cash equivalents and restricted cash at beginning of period   $ 928   $ 683 928 683 683
Cash, cash equivalents and restricted cash at end of period 1,326   939   1,326 939 928
Less: restricted cash at end of period 141   189   141 189  
Cash and cash equivalents at end of period $ 1,185   $ 750   1,185 750 $ 777
Supplementary cash flow information:              
Cash paid for income taxes, net of refunds         276 325  
Cash paid for interest         167 160  
Noncash Investing and Financing Items [Abstract]              
Property, plant and equipment additions         72 2  
Finance lease obligations         $ 0 $ 65