Overview Financials News + Filings IR Vault Key Docs Charts Holdings Ownership Insiders
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| In millions, except per share items | Sep-30-22 | Sep-30-21 | Sep-30-20 | Sep-30-19 | Sep-30-18 | Sep-30-17 | Sep-30-16 | Sep-30-15 |
| | 10-K | 10-K | 10-K | 10-K | 10-K | 10-K | 10-K | 10-K |
| OPERATING ACTIVITIES: | | | | | | | | |
| NET INCOME | 867.0 | 681.0 | 700.0 | 892.0 | 957.0 | | | |
| INCOME FROM DISCONTINUED OPERATIONS, NET OF TAX | -1.0 | | -47.0 | -51.0 | 5.0 | 31.7 | | |
| Adjustments to reconcile net income to net cash from operating activities: | | | | | | | | |
| Depreciation | 116.0 | 115.0 | 114.0 | 91.0 | 57.0 | 50.9 | 43.5 | 35.9 |
| Amortization of intangible assets and product certification costs | 137.0 | 138.0 | 169.0 | 135.0 | 72.0 | 90.1 | 78.2 | 57.7 |
| Amortization of debt issuance costs, original issue discount and premium | 34.0 | 34.0 | 33.0 | 28.0 | 22.0 | 21.1 | 16.2 | 15.8 |
| Amortization of inventory step-up | 3.0 | 6.0 | | 77.0 | 7.0 | | | |
| Amortization of loss contract reserves | -39.0 | -55.0 | -36.0 | -38.0 | -10.0 | | | |
| Refinancing costs | 1.0 | 37.0 | 28.0 | 3.0 | 6.0 | 39.8 | 15.8 | 18.4 |
| Gain on sale of businesses, net | -7.0 | -69.0 | | | | | | |
| Non-cash stock and deferred compensation expense | 153.0 | 129.0 | 93.0 | 93.0 | 58.5 | 45.5 | 48.3 | 31.5 |
| Deferred income taxes | -22.0 | 34.0 | 24.0 | | -151.0 | -0.9 | 5.8 | 0.7 |
| Foreign currency exchange losses (gains) | -40.0 | 11.0 | 22.0 | -5.0 | | | | |
| Changes in assets/liabilities, net of effects from acquisitions and sales of businesses: | | | | | | | | |
| Trade accounts receivable | -190.0 | -78.0 | 352.0 | -82.0 | -44.0 | -54.7 | -80.1 | -25.4 |
| Inventories | -134.0 | 79.0 | -62.0 | -36.0 | -18.0 | 5.1 | -2.1 | -26.0 |
| Income taxes payable | 58.0 | -63.0 | -144.0 | -3.0 | 36.0 | 18.2 | -12.3 | 65.4 |
| Other assets | -56.0 | -33.0 | -16.0 | -27.0 | -5.0 | -10.6 | -4.9 | -12.4 |
| Accounts payable | 58.0 | 3.0 | -62.0 | -1.0 | 18.0 | -10.4 | -6.7 | 13.5 |
| Accrued interest | -21.0 | 14.0 | 85.0 | -4.0 | 14.0 | -1.0 | 17.9 | -3.9 |
| Accrued and other liabilities | 25.0 | -46.0 | -40.0 | -57.0 | -2.0 | -33.2 | -22.8 | -35.5 |
| Net cash provided by operating activities | 948.0 | 913.0 | 1,213.0 | 1,015.0 | 1,022.0 | 788.7 | 683.3 | 520.9 |
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| INVESTING ACTIVITIES: | | | | | | | | |
| Capital expenditures | -119.0 | -105.0 | -105.0 | -102.0 | -73.0 | -71.0 | -44.0 | -54.9 |
| Acquisition of businesses, net of cash acquired | -437.0 | -963.0 | | -3,976.0 | -668.0 | -136.3 | -1,399.1 | -1,624.3 |
| Net cash used in investing activities | -553.0 | -785.0 | 799.0 | -3,889.0 | -684.0 | -287.0 | -1,443.0 | -1,679.1 |
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| FINANCING ACTIVITIES: | | | | | | | | |
| Proceeds from exercise of stock options | 132.0 | 128.0 | 116.0 | 82.0 | 58.0 | 21.2 | 30.1 | 61.7 |
| Dividend equivalent payments | -1,091.0 | -73.0 | -1,928.0 | -1,712.0 | -56.0 | -2,581.6 | -3.0 | -3.4 |
| Repurchases of common stock | -912.0 | | -19.0 | | | -389.8 | -207.8 | |
| Proceeds from issuance of senior secured notes, net | | | | | | | | |
| Repayments of senior secured notes, net | | -1,982.0 | -1,167.0 | -550.0 | -12,174.0 | -755.9 | -834.4 | -1,025.3 |
| Repayment on revolving credit facility | -200.0 | -200.0 | | | | | | |
| Repayment on term loans | 75.0 | 75.0 | 75.0 | 77.0 | | | | |
| Financing costs and other, net | -2.0 | | -11.0 | -1.0 | -11.0 | -17.6 | -3.6 | -1.3 |
| Net cash used in financing activities | -2,148.0 | -70.0 | 1,230.0 | 2,271.0 | 1,086.0 | -1,443.7 | 1,632.5 | 1,054.9 |
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| SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION: | | | | | | | | |
| Cash paid during the period for interest, net | 1,057.0 | 1,008.0 | 923.0 | 878.0 | 635.0 | 587.7 | 448.6 | 398.9 |
| Cash paid during the period for income taxes, net of refunds | 220.0 | 83.0 | 223.0 | 215.0 | 129.0 | 185.3 | 183.3 | 127.4 |
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