v3.26.1
CONDENSED CONSOLIDATED STATEMENT OF CASH FLOWS - USD ($)
$ in Millions
 6 Months Ended
Mar. 28, 2026
Mar. 29, 2025
OPERATING ACTIVITIES:    
NET INCOME $ 981 $ 972
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation 88 81
Amortization of intangible assets and product certification costs 117 98
Amortization of debt issuance costs and original issue discount 23 19
Gain on sale of businesses, net 0 (19)
Non-cash stock and deferred compensation expense 53 73
Deferred income taxes (1) (2)
Changes in assets/liabilities, net of effects from acquisitions and sales of businesses:    
Trade accounts receivable (65) (66)
Inventories (145) (116)
Income taxes receivable (29) (107)
Other assets (53) 12
Accounts payable 15 (2)
Accrued interest 76 127
Accrued and other liabilities (93) (170)
Net cash provided by operating activities 967 900
INVESTING ACTIVITIES:    
Capital expenditures (131) (98)
Acquisition of businesses, net of cash acquired (1,000) (140)
Other investing transactions, net (6) 47
Net cash used in investing activities (1,137) (191)
FINANCING ACTIVITIES:    
Proceeds from exercise of stock options 83 89
Dividends and dividend equivalent payments (59) (4,396)
Repurchases of common stock (721) (369)
Proceeds from issuance of senior subordinated notes, net 1,189 0
Proceeds from term loans, net 791 0
Proceeds from trade receivable securitization facility, net 0 163
Repayment on term loans (28) (22)
Financing costs and other, net (6) (5)
Net cash provided by (used in) financing activities 1,249 (4,540)
EFFECT OF EXCHANGE RATE CHANGES ON CASH AND CASH EQUIVALENTS (3) (4)
NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS 1,076 (3,835)
CASH AND CASH EQUIVALENTS, BEGINNING OF PERIOD 2,808 6,261
CASH AND CASH EQUIVALENTS, END OF PERIOD 3,884 2,426
SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION:    
Cash paid during the period for interest, net 843 597
Cash paid during the period for income taxes, net of refunds $ 317 $ 372