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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
3 Months Ended
Jul. 02, 2021
Jun. 26, 2020
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net income $ 206 $ 52
Depreciation, amortization and other impairment charges 118 125
Changes in working capital and other, net 10 (806)
Net cash provided by (used in) operating activities 334 (629)
CASH FLOWS FROM INVESTING ACTIVITIES:    
Purchases of property and equipment (118) (110)
Proceeds from the disposition of property and equipment 3 8
Other investing activities, net 2 2
Net cash used in investing activities (113) (100)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Proceeds from bank borrowings and long-term debt 0 1,248
Repayments of bank borrowings and long-term debt (1) (511)
Payments for repurchases of ordinary shares (162) 0
Other financing activities, net (3) 4
Net cash provided by (used in) financing activities (166) 741
Effect of exchange rates on cash and cash equivalents 1 0
Net increase in cash and cash equivalents 56 12
Cash and cash equivalents, beginning of period 2,637 1,923
Cash and cash equivalents, end of period 2,693 1,935
Non-cash investing activities:    
Unpaid purchases of property and equipment 88 35
Right-of-use assets obtained in exchange of operating lease liabilities $ 12 $ 36