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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Millions
3 Months Ended
Dec. 27, 2020
Dec. 29, 2019
OPERATING ACTIVITIES:    
Net earnings including noncontrolling interests $ 622.2 $ 885.3
Adjustments to reconcile net earnings to net cash provided by operating activities:    
Depreciation and amortization 388.4 369.2
Deferred income taxes, net (6.1) 10.4
Income earned from equity method investees (69.0) (62.9)
Distributions received from equity method investees 77.2 64.3
Stock-based compensation 99.3 90.3
Non-cash lease costs 308.3 294.9
Loss on retirement and impairment of assets 132.6 12.7
Other (10.2) (7.6)
Cash provided by changes in operating assets and liabilities:    
Accounts receivable 19.6 (22.9)
Inventories 90.1 122.8
Prepaid expenses and other current assets 5.2 (28.5)
Income taxes payable 56.9 125.1
Accounts payable 24.8 (110.3)
Deferred revenue 398.9 426.7
Operating lease liability (314.8) (301.6)
Other operating assets and liabilities 12.3 (31.8)
Net cash provided by operating activities 1,835.7 1,836.1
INVESTING ACTIVITIES:    
Purchases of investments (135.5) (38.0)
Sales of investments 91.2 64.6
Maturities and calls of investments 113.7 1.3
Additions to property, plant and equipment (324.2) (394.3)
Other (17.7) (19.9)
Net cash used in investing activities (272.5) (386.3)
FINANCING ACTIVITIES:    
Net proceeds from issuance of commercial paper 0.0 398.9
Net proceeds from issuance of short-term debt 192.9 99.0
Repayments of short-term debt (144.7) 0.0
Repayments of long-term debt (500.0) 0.0
Proceeds from issuance of common stock 102.8 33.1
Cash dividends paid (528.2) (484.2)
Repurchase of common stock 0.0 (1,091.4)
Minimum tax withholdings on share-based awards (88.6) (78.4)
Net cash used in financing activities (965.8) (1,123.0)
Effect of exchange rate changes on cash and cash equivalents 79.8 27.1
Net increase in cash and cash equivalents 677.2 353.9
CASH AND CASH EQUIVALENTS:    
Beginning of period 4,350.9 2,686.6
End of period 5,028.1 3,040.5
Cash paid during the period for:    
Interest, net of capitalized interest 130.0 87.2
Income taxes $ 109.4 $ 92.1