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CONSOLDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
9 Months Ended
Sep. 28, 2019
Sep. 29, 2018
Cash flows from operating activities:    
Net income $ 375 $ 306
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 139 131
Amortization of debt issuance costs and discounts 6 12
Share-based compensation 36 34
Deferred income taxes 0 17
Unrealized loss (gain) on forward interest rate swaps 28 (24)
Other, net (4) 3
Changes in operating assets and liabilities:    
Accounts receivable, net (73) (93)
Inventories, net 65 (16)
Other assets (20) (10)
Accounts payable (51) 69
Accrued liabilities (62) (5)
Deferred revenue 43 28
Income taxes (58) 2
Other operating activities (4) 6
Net cash provided by operating activities 420 460
Cash flows from investing activities:    
Purchases of property, plant and equipment (44) (48)
Acquisition of businesses, net of cash acquired (255) (72)
Proceeds from sale of long-term investments 10 2
Purchases of long-term investments (21) (2)
Net cash used in investing activities (310) (120)
Cash flows from financing activities:    
Payment of debt issuance costs and discounts (5) (2)
Payments of long-term debt (661) (1,307)
Proceeds from issuance of long-term debt 593 961
Payments of debt extinguishment costs (1) (1)
Payments for repurchases of common stock (20) 0
Payments of taxes related to net settlements of equity awards, net of proceeds from exercise of stock options and stock purchase plan purchases (36) (2)
Other financing activities 10 0
Net cash used in financing activities (120) (351)
Effect of exchange rate changes on cash (1) (6)
Net decrease in cash and cash equivalents (11) (17)
Cash and cash equivalents at beginning of period 44 62
Cash and cash equivalents at end of period 33 45
Supplemental disclosures of cash flow information:    
Income taxes paid 102 46
Interest paid $ 49 $ 73