XML 19 R7.htm IDEA: XBRL DOCUMENT v3.6.0.2
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (unaudited) - USD ($)
$ in Millions
9 Months Ended
Dec. 30, 2016
Jan. 01, 2016
[3]
Cash flows from operating activities:    
Net income $ 38 $ 396 [1],[2]
Adjustments to reconcile net loss income to net cash provided by operating activities:    
Depreciation and amortization 503 608
Pension & OPEB actuarial & settlement gains 0 (28)
Stock-based compensation 56 28
Gain on dispositions (1) (44)
Unrealized foreign currency exchange loss 20 39
Other non-cash charges, net 16 (2)
Changes in assets and liabilities, net of acquisitions and dispositions:    
Decrease in assets 296 213
Decrease in liabilities (123) (468)
Net cash provided by operating activities 805 742
Cash flows from investing activities:    
Purchases of property and equipment (199) (277)
Payments for outsourcing contract costs (59) (74)
Short-term investing 0 (71)
Software purchased and developed (124) (155)
Payments for acquisitions, net of cash acquired (434) (265)
Business dispositions 0 37
Proceeds from sale of assets 26 67
Other investing activities, net (35) 8
Net cash used in investing activities (825) (730)
Cash flows from financing activities:    
Borrowings of commercial paper 1,667 821
Repayments of commercial paper (1,562) (263)
Borrowings under lines of credit 920 1,300
Repayment of borrowings under lines of credit (773) (1,300)
Debt borrowings 157 350
Debt repayments (282) (819)
Proceeds from stock options 47 72
Taxes paid related to net share settlements of stock-based compensation awards (12) (28)
Repurchase of common stock 0 (28)
Dividend payments (59) (409)
Borrowings for CSRA spin transaction 0 1,508
Transfers of cash to CSRA upon spin 0 (1,440)
Other financing activities, net (31) 0
Net cash provided by (used in) financing activities 72 (236)
Effect of exchange rate changes on cash and cash equivalents (119) (44)
Net decrease in cash and cash equivalents (67) (268)
Cash and cash equivalents at beginning of year 1,178 2,098
Cash and cash equivalents at end of period $ 1,111 $ 1,830
[1] Certain prior year balances were adjusted for certain errors in previously issued financial statements related to income taxes and for the adoption of ASU 2016-09 related to employee stock-based compensation as described in Note 20 - Reconciliation of Previously Reported Amounts.
[2] Certain prior year balances were adjusted for certain errors in previously issued financial statements related to income taxes and for the adoption of ASU 2016-09 related to employee stock-based compensation. See Note 20 - Reconciliation of Previously Reported Amounts.
[3] Certain prior year balances were adjusted for certain errors in previously issued financial statements related to income taxes and for the adoption of ASU 2016-09 related to employee stock-based compensation. See Note 20 - Reconciliation of Previously Reported Amounts.