Free Cash Flow Reconciliation | |||||||
|
| |||||||
|
| Three Months Ended Sept. 30, |
| Twelve Months Ended Sept. 30, | ||||
(In thousands) | 2023 |
| 2022 |
| 2023 |
| 2022 |
Net cash provided by operating activities | $ 883,740 |
| $ 1,011,545 |
| $ 3,542,000 |
| $ 3,460,450 |
Capital expenditures | (68,045) |
| (84,352) |
| (325,284) |
| (322,717) |
Free cash flow | $ 815,695 |
| $ 927,193 |
| $ 3,216,716 |
| $ 3,137,733 |
Capital Returns Calculation | |||||||
|
| |||||||
|
| Three Months Ended Sept. 30, |
| Twelve Months Ended Sept. 30, | ||||
(In thousands) | 2023 |
| 2022 |
| 2023 |
| 2022 |
Payments of dividends to stockholders | $ 181,507 |
| $ 187,984 |
| $ 726,079 |
| $ 663,691 |
Common stock repurchases | 455,412 |
| 89,846 |
| 1,677,430 |
| 3,657,975 |
Forward contract for accelerated share repurchases | — |
| — |
| — |
| 900,000 |
Capital returns | $ 636,919 |
| $ 277,830 |
| $ 2,403,509 |
| $ 5,221,666 |
Second Quarter Fiscal 2024 Guidance | ||||
|
| ||||
Reconciliation of GAAP Diluted EPS to Non-GAAP Diluted EPS | ||||
|
| ||||
|
|
| Three Months Ending Dec. 31, 2023 | ||
(In millions, except per share amounts) |
| Low |
| High |
GAAP net income per diluted share |
| $4.94 |
| $6.14 |
Acquisition-related charges | a | 0.44 |
| 0.44 |
Restructuring, severance and other charges | b | 0.03 |
| 0.03 |
| Income tax effect of non-GAAP adjustments | d | (0.15) |
| (0.15) |
| Non-GAAP net income per diluted share |
| $5.26 |
| $6.46 |
| Shares used in net income per diluted share calculation |
| 136.1 |
| 136.1 |
