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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
 3 Months Ended
Dec. 26, 2015
Dec. 27, 2014
Cash and cash equivalents, beginning of the period $ 21,120 $ 13,844
Operating activities:    
Net income 18,361 18,024
Adjustments to reconcile net income to cash generated by operating activities:    
Depreciation and amortization 2,954 2,575
Share-based compensation expense 1,078 888
Deferred income tax expense 1,592 2,197
Changes in operating assets and liabilities:    
Accounts receivable, net 3,896 751
Inventories (102) (172)
Vendor non-trade receivables 1,826 (3,508)
Other current and non-current assets (893) (1,648)
Accounts payable (852) 9,003
Deferred revenue (29) 945
Other current and non-current liabilities (368) 4,667
Cash generated by operating activities 27,463 33,722
Investing activities:    
Purchases of marketable securities (47,836) (44,915)
Proceeds from maturities of marketable securities 3,514 2,807
Proceeds from sales of marketable securities 28,262 24,166
Payments made in connection with business acquisitions, net (86) (23)
Payments for acquisition of property, plant and equipment (3,612) (3,217)
Payments for acquisition of intangible assets (394) (48)
Other (298) 65
Cash used in investing activities (20,450) (21,165)
Financing activities:    
Proceeds from issuance of common stock 1 80
Excess tax benefits from equity awards 224 264
Payments for taxes related to net share settlement of equity awards (597) (512)
Payments for dividends and dividend equivalents (2,969) (2,801)
Repurchase of common stock (6,863) (5,030)
Proceeds from issuance of term debt, net 0 3,485
Change in commercial paper, net (1,240) (2,409)
Cash used in financing activities (11,444) (6,923)
Increase/(decrease) in cash and cash equivalents (4,431) 5,634
Cash and cash equivalents, end of the period 16,689 19,478
Supplemental cash flow disclosure:    
Cash paid for income taxes, net 3,398 3,869
Cash paid for interest $ 396 $ 202