date:Mar 26, 2020
o, driven by lower average debt balances and lower rates. The effective tax rate in the quarter was 20.7 percent compared to 17.7 percent last year.
The third-quarter adjusted effective tax rate was 21 per cent compared to 19.9 per cent a year ago, primarily driven by discrete tax benefits in the prior year.
Cash flow generation and cash returns
Cash provided by operating activities totalled $2.16 billion through nine months of fiscal 2020, up seven per cent from the prior year, primarily dr