XML 18 R6.htm IDEA: XBRL DOCUMENT v3.7.0.1
Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Millions
9 Months Ended
Jul. 02, 2017
Jun. 26, 2016
OPERATING ACTIVITIES:    
Net earnings including noncontrolling interests $ 2,095.5 $ 2,017.2
Adjustments to reconcile net earnings to net cash provided by operating activities:    
Depreciation and amortization 796.4 768.2
Deferred income taxes, net 75.1 344.7
Income earned from equity method investees (210.1) (165.5)
Distributions received from equity method investees 133.2 139.4
Gain resulting from sale of equity in joint venture and certain retail operations 9.6 30.7
Stock-based compensation 148.7 158.4
Excess tax benefit on share-based awards (69.4) (110.9)
Goodwill, Impairment Loss 87.2 0.0
Other 28.2 40.8
Cash provided by changes in operating assets and liabilities:    
Accounts receivable (40.1) (39.5)
Inventories 19.1 (15.7)
Accounts payable (18.3) (3.7)
Stored value card liability 178.3 223.5
Other operating assets and liabilities 124.6 59.3
Net cash provided by operating activities 3,089.6 3,266.9
INVESTING ACTIVITIES:    
Purchases of investments (592.5) (1,022.7)
Sales of investments 831.7 409.6
Maturities and calls of investments 61.7 11.8
Additions to property, plant and equipment (1,025.3) (1,029.7)
Proceeds from sale of equity in joint venture 0.0 69.6
Other 54.9 3.3
Net cash used by investing activities (669.5) (1,558.1)
FINANCING ACTIVITIES:    
Proceeds from issuance of long-term debt 750.2 1,254.5
Principal payments on long-term debt 400.0 0.0
Proceeds from issuance of common stock 131.5 120.9
Excess tax benefit on share-based awards 69.4 110.9
Cash dividends paid (1,089.8) (884.8)
Repurchase of common stock (1,214.1) (1,590.4)
Minimum tax withholdings on share-based awards (71.5) (105.3)
Other 1.5 0.1
Net cash used by financing activities (1,822.8) (1,094.1)
Effect of exchange rate changes on cash and cash equivalents (9.9) (3.0)
Net increase/(decrease) in cash and cash equivalents 587.4 611.7
CASH AND CASH EQUIVALENTS:    
Beginning of period 2,128.8 1,530.1
End of period 2,716.2 2,141.8
Cash paid during the period for:    
Interest, net of capitalized interest 87.3 68.3
Income taxes, net of refunds $ 1,084.6 $ 669.8