XML 28 R6.htm IDEA: XBRL DOCUMENT v3.10.0.1
CONSOLDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
6 Months Ended
Jun. 30, 2018
Jul. 01, 2017
Cash flows from operating activities:    
Net income $ 179 $ 25
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 86 141
Amortization of debt issuance costs and discounts 9 10
Share-based compensation 24 15
Deferred income taxes 3 (10)
Unrealized gain on forward interest rate swaps (18) (1)
Other, net 2 2
Changes in operating assets and liabilities:    
Accounts receivable, net (26) 104
Inventories, net (11) (68)
Other assets (9) 15
Accounts payable 21 13
Accrued liabilities (48) (21)
Deferred revenue 22 20
Income taxes 24 (35)
Other operating activities 8 (7)
Net cash provided by operating activities 266 203
Cash flows from investing activities:    
Purchases of property, plant and equipment (33) (22)
Proceeds from sale of long-term investments 2 0
Purchases of long-term investments (2) 0
Net cash used in investing activities (33) (22)
Cash flows from financing activities:    
Payment of debt issuance costs and discounts (2) 0
Payments of long-term debt (1,114) (240)
Proceeds from issuance of long-term debt 879 0
Payments of debt extinguishment costs (1) 0
Proceeds from exercise of stock options and stock purchase plan purchases 6 7
Taxes paid related to net share settlement of equity awards (10) (5)
Net cash used in financing activities (242) (238)
Effect of exchange rate changes on cash (7) (4)
Net decrease in cash and cash equivalents (16) (61)
Cash and cash equivalents at beginning of period 62 156
Cash and cash equivalents at end of period 46 95
Supplemental disclosures of cash flow information:    
Income taxes paid 21 43
Interest paid $ 52 $ 70