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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
3 Months Ended
Jun. 28, 2024
Jun. 30, 2023
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net income $ 139 $ 211
Depreciation, amortization and other impairment charges 126 133
Changes in working capital and other, net 75 (338)
Net cash provided by operating activities 340 6
CASH FLOWS FROM INVESTING ACTIVITIES:    
Purchases of property and equipment (111) (167)
Proceeds from the disposition of property and equipment 3 11
Acquisition of businesses, net of cash acquired 2 0
Other investing activities, net 24 1
Net cash used in investing activities (82) (155)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Proceeds from bank borrowings and long-term debt 0 2
Repayments of bank borrowings and long-term debt (41) (243)
Payments for repurchases of ordinary shares (457) (197)
Other financing activities, net 30 (48)
Net cash used in financing activities (468) (486)
Effect of exchange rates on cash and cash equivalents (21) 1
Net decrease in cash and cash equivalents (231) (634)
Cash and cash equivalents, beginning of period 2,474 3,294
Cash and cash equivalents, end of period 2,243 2,660
Non-cash investing activities:    
Unpaid purchases of property and equipment 69 158
Right-of-use assets obtained in exchange of operating lease liabilities $ 14 $ 37