XML 17 R6.htm IDEA: XBRL DOCUMENT v3.22.2.2
CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited)
$ in Thousands
9 Months Ended
Sep. 25, 2022
USD ($)
Sep. 26, 2021
USD ($)
Cash flows from operating activities:    
Net cash provided by operating activities $ 574,704 $ 925,551
Cash flows from investing activities:    
Capital expenditures (84,947) (61,476)
Origination of finance receivables (3,773,830) (3,444,953)
Collections on finance receivables 3,110,881 2,968,397
Other investing activities 2,160 2,485
Net cash used by investing activities (745,736) (535,547)
Cash flows from financing activities:    
Proceeds from issuance of medium-term notes 495,785 0
Repayments of medium-term notes (950,000) (1,400,000)
Proceeds from securitization debt 1,826,891 1,169,910
Repayments of securitization debt (1,054,939) (1,013,820)
Borrowings of asset-backed commercial paper 448,255 27,406
Repayments of asset-backed commercial paper (228,431) (206,671)
Net decrease in unsecured commercial paper (60,281) (261,978)
Net increase in deposits 54,080 210,144
Deposits in advance of business combination 100,000 0
Dividends paid (70,163) (69,316)
Repurchase of common stock (338,496) (11,545)
Other financing activities (1,237) 4,324
Net cash provided (used) by financing activities 221,464 (1,551,546)
Effect of exchange rate changes on cash, cash equivalents and restricted cash (33,361) (11,050)
Net increase (decrease) in cash, cash equivalents and restricted cash 17,071 (1,172,592)
Cash, cash equivalents and restricted cash, beginning of period 2,025,219 3,409,168
Net increase (decrease) in cash, cash equivalents and restricted cash 17,071 (1,172,592)
Cash, cash equivalents and restricted cash, end of period 2,042,290 2,236,576
Reconciliation of cash, cash equivalents and restricted cash on the Consolidated balance sheets to the Consolidated statements of cash flows:    
Cash and cash equivalents 1,730,250 2,061,303
Restricted cash 287,264 153,873
Restricted cash included in Other long-term assets 24,776 21,400
Cash, cash equivalents and restricted cash per the Consolidated statements of cash flows $ 2,042,290 $ 2,236,576