XML 61 R8.htm IDEA: XBRL DOCUMENT v3.3.0.814
Consolidated Statements of Cash Flows - USD ($)
$ in Millions
12 Months Ended
Sep. 26, 2015
Sep. 27, 2014
Sep. 28, 2013
OPERATING ACTIVITIES      
Net income (loss) $ 131.6 $ 17.3 $ (1,172.8)
Adjustments to reconcile net income (loss) to net cash provided by operating activities:      
Depreciation 81.5 94.7 95.5
Amortization 409.9 428.5 420.5
Non-cash interest expense 63.8 68.7 81.2
Stock-based compensation expense 59.3 50.0 52.3
Excess tax benefit related to equity awards (10.7) (5.7) (7.4)
Deferred income taxes (148.8) (243.1) (198.0)
Gain on sale of intellectual property 0.0 0.0 53.9
Fair value adjustments to contingent consideration 0.0 0.0 11.3
Fair value write-up of inventory sold 0.0 0.0 52.4
Impairment of goodwill 0.0 0.0 1,117.4
Asset impairment charges 0.0 38.4 9.4
Debt extinguishment losses (62.7) (7.4) (9.2)
Equity investment impairment charges 7.8 6.9 6.4
Loss on disposal of property and equipment 6.6 7.1 4.9
Loss on sale of businesses 9.6 5.5 0.0
Other adjustments and non-cash items 14.3 (11.8) 0.9
Changes in operating assets and liabilities:      
Accounts receivable (30.3) 7.9 4.1
Inventories 43.9 (44.7) 25.2
Prepaid income taxes 0.7 22.4 25.1
Prepaid expenses and other assets 5.7 17.3 0.9
Accounts payable 25.5 11.8 (6.4)
Accrued expenses and other liabilities 36.9 14.7 2.3
Deferred revenue 16.1 15.1 13.3
Net cash provided by operating activities 786.1 508.4 493.8
INVESTING ACTIVITIES      
Acquisition of businesses, net of cash acquired 0.0 0.0 (6.3)
Payment of additional acquisition consideration 0.0 0.0 (16.8)
Net proceeds from sale of business 0.0 10.1 85.1
Purchase of property and equipment 48.1 44.3 (49.0)
Increase in equipment under customer usage agreements 41.3 35.9 (41.1)
Net (purchases) sales of insurance contracts 6.4 (13.8) (4.0)
Purchases of mutual funds 0.0 (29.7) 0.0
Sales of mutual funds 10.0 22.4 0.0
Proceeds from sale of intellectual property 0.0 0.0 60.0
(Purchase) sale of a cost-method equity investment 0.0 0.0 (1.6)
Increase in other assets 0.3 3.4 (7.5)
Net cash (used in) provided by investing activities (86.1) (67.0) 18.8
FINANCING ACTIVITIES      
Proceeds from long-term debt 2,495.1 0.0 0.0
Repayment of long-term debt (3,095.0) 595.0 (265.0)
Repayments of Convertible Debt (543.7) 0.0 0.0
Proceeds from Lines of Credit 358.0 0.0 0.0
Repayments of Lines of Credit (183.0) 0.0 0.0
Payment of debt issuance costs (22.7) 2.4 (9.4)
Interest Rate Cap Agreements Aggregate Premium Payable (13.2) 0.0 0.0
Payment of contingent consideration 0.0 0.0 (43.0)
Payment of deferred acquisition consideration 0.0 5.0 (1.6)
Net proceeds from issuance of common stock pursuant to employee stock plans 70.0 81.4 75.1
Excess tax benefit related to equity awards 10.7 5.7 7.4
Payment of minimum tax withholdings on net share settlements of equity awards 12.9 9.8 (12.3)
Net cash used in financing activities (936.7) (525.1) (248.8)
Effect of exchange rate changes on cash and cash equivalents (8.1) (2.7) (1.7)
Net (decrease) increase in cash and cash equivalents (244.8) (86.4) 262.1
Cash and cash equivalents, beginning of period 736.1 822.5 560.4
Cash and cash equivalents, end of period $ 491.3 $ 736.1 $ 822.5