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Consolidated Statements of Cash Flows - USD ($)
$ in Millions
12 Months Ended
Jun. 27, 2015
Jun. 28, 2014
Jun. 29, 2013
Cash Flows From (For) Operating Activities      
Net income $ 128.0 $ 205.3 $ 441.9
Adjustments to derive cash flows      
Depreciation and amortization 548.8 358.9 160.2
Loss on acquisition-related foreign currency derivatives 326.4 0.0 0.0
Share-based compensation 31.6 24.6 18.4
Total loss on extinguishment of debt 10.5 165.8 0.0
Non-cash restructuring charges 5.1 47.0 2.9
Deferred income taxes (16.4) (53.8) 5.7
Other Operating Activities, Cash Flow Statement 17.0 10.5 (3.4)
Subtotal 1,051.0 758.3 625.6
Changes in operating assets and liabilities, net of asset and business acquisitions and disposition      
Accounts receivable (81.7) (226.7) (37.0)
Inventories 10.7 83.0 (94.6)
Accounts payable 140.6 (24.9) 6.5
Payroll and related taxes (30.2) (55.5) (11.9)
Accrued customer programs 69.9 113.1 12.6
Accrued liabilities 37.3 23.0 8.4
Accrued income taxes 17.5 (10.7) 28.9
Other (16.8) 33.9 15.3
Subtotal 147.3 (64.8) (71.8)
Net cash from operating activities 1,198.3 693.5 553.8
Cash Flows (For) From Investing Activities      
Acquisitions of businesses, net of cash acquired (2,181.8) (1,605.8) (852.3)
Payments for Derivative Instrument, Investing Activities (329.9) 0.0 0.0
Proceeds from sale of securities 0.0 81.4 8.6
Additions to property and equipment (137.0) (171.6) (104.1)
Other investing 1.8 (8.8) 0.0
Net cash for investing activities (2,646.9) (1,704.8) (947.8)
Cash Flows (For) From Financing Activities      
Proceeds from (Repayments of) Short-term Debt, Maturing in Three Months or Less (52.5) (3.0) 5.0
Proceeds from issuance of debt 2,504.3 3,293.6 637.3
Repayments of long-term debt (1,823.5) (2,035.0) (40.0)
Payments of Debt Extinguishment Costs 0.0 (133.5) 0.0
Deferred financing fees (28.1) (48.8) (6.0)
Issuance of common stock 1,043.4 9.8 10.7
Repurchase of common stock (35.7) 0.0 0.0
Cash dividends (64.8) (46.1) (33.0)
Other financing (19.2) (9.0) 3.3
Net cash from (for) financing activities 1,523.9 1,028.0 577.2
Effect of exchange rate changes on cash (89.2) 2.9 (5.8)
Net increase in cash and cash equivalents (13.9) 19.6 177.4
Cash and cash equivalents, beginning of period 799.5 779.9 602.5
Cash paid/received during the year for:      
Interest paid 143.2 98.4 58.5
Interest received 1.1 2.4 3.9
Income taxes paid 131.0 93.2 133.2
Income taxes refunded $ 9.6 $ 4.3 $ 1.3