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Debt (Tables) | 9 Months Ended
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Jul. 01, 2017
Debt Disclosure [Abstract] |
Summary of Cash Flows Associated With Issuance and Maturities of Commercial Paper | The following table provides a summary of cash flows associated with the issuance and maturities of Commercial Paper for the nine months ended July 1, 2017 and June 25, 2016 (in millions):
| Nine Months Ended
| July 1, 2017 |  | June 25, 2016
Maturities less than 90 days: |  |  |
Proceeds from/(Repayments of) commercial paper, net | $ | (143 | ) |  | $ | 4,154 |
Maturities greater than 90 days: |  |  |
Proceeds from commercial paper | 12,633 |  |  | 1,846 |
Repayments of commercial paper | (8,624 | ) |  | (2,008 | )
Proceeds from/(Repayments of) commercial paper, net | 4,009 |  |  | (162 | )
Total change in commercial paper, net | $ | 3,866 |  |  | $ | 3,992 |
Summary of Term Debt | The following table provides a summary of the Company’s term debt as of July 1, 2017 and September 24, 2016:
| Maturities |  | July 1, 2017 |  | September 24, 2016
| Amount (in millions) |  | Effective Interest Rate |  | Amount (in millions) |  | Effective Interest Rate
2013 debt issuance of $17.0 billion: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Floating-rate notes | 2018 |  | 2018 |  | $ | 2,000 |  |  |  | 1.10% |  | 1.10 | % |  | $ | 2,000 |  |  |  | 1.10% |  | 1.10 | %
Fixed-rate 1.000% – 3.850% notes | 2018 | – | 2043 |  | 12,500 |  |  |  | 1.08% | – | 3.91 | % |  | 12,500 |  |  |  | 1.08% | – | 3.91 | %
2014 debt issuance of $12.0 billion: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Floating-rate notes | 2019 | – | 2019 |  | 1,000 |  |  |  | 1.48% |  | 1.48 | % |  | 2,000 |  |  |  | 0.86% | – | 1.09 | %
Fixed-rate 2.100% – 4.450% notes | 2019 | – | 2044 |  | 8,500 |  |  |  | 1.48% | – | 4.48 | % |  | 10,000 |  |  |  | 0.85% | – | 4.48 | %
2015 debt issuances of $27.3 billion: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Floating-rate notes | 2019 | – | 2020 |  | 1,532 |  |  |  | 1.43% | – | 1.87 | % |  | 1,781 |  |  |  | 0.87% | – | 1.87 | %
Fixed-rate 0.350% – 4.375% notes | 2019 | – | 2045 |  | 24,259 |  |  |  | 0.28% | – | 4.51 | % |  | 25,144 |  |  |  | 0.28% | – | 4.51 | %
2016 debt issuances of $24.9 billion: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Floating-rate notes | 2019 | – | 2021 |  | 1,350 |  |  |  | 1.31% | – | 2.32 | % |  | 1,350 |  |  |  | 0.91% | – | 1.95 | %
Fixed-rate 1.100% – 4.650% notes | 2018 | – | 2046 |  | 23,610 |  |  |  | 1.13% | – | 4.78 | % |  | 23,609 |  |  |  | 1.13% | – | 4.58 | %
Second quarter 2017 debt issuance of $10.0 billion: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Floating-rate notes |  |  | 2019 |  | 500 |  |  |  |  |  | 1.26 | % |  | — |  |  |  |  |  | — | %
Floating-rate notes |  |  | 2020 |  | 500 |  |  |  |  |  | 1.38 | % |  | — |  |  |  |  |  | — | %
Floating-rate notes |  |  | 2022 |  | 1,000 |  |  |  |  |  | 1.68 | % |  | — |  |  |  |  |  | — | %
Fixed-rate 1.550% notes |  |  | 2019 |  | 500 |  |  |  |  |  | 1.59 | % |  | — |  |  |  |  |  | — | %
Fixed-rate 1.900% notes |  |  | 2020 |  | 1,000 |  |  |  |  |  | 1.38 | % |  | — |  |  |  |  |  | — | %
Fixed-rate 2.500% notes |  |  | 2022 |  | 1,500 |  |  |  |  |  | 1.67 | % |  | — |  |  |  |  |  | — | %
Fixed-rate 3.000% notes |  |  | 2024 |  | 1,750 |  |  |  |  |  | 1.98 | % |  | — |  |  |  |  |  | — | %
Fixed-rate 3.350% notes |  |  | 2027 |  | 2,250 |  |  |  |  |  | 2.12 | % |  | — |  |  |  |  |  | — | %
Fixed-rate 4.250% notes |  |  | 2047 |  | 1,000 |  |  |  |  |  | 4.26 | % |  | — |  |  |  |  |  | — | %
Second quarter 2017 debt issuance of $1.0 billion: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Fixed-rate 4.300% notes |  |  | 2047 |  | 1,000 |  |  |  |  |  | 4.30 | % |  | — |  |  |  |  |  | — | %
Third quarter 2017 debt issuance of $7.0 billion: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Floating-rate notes |  |  | 2020 |  | 500 |  |  |  |  |  | 1.25 | % |  | — |  |  |  |  |  | — | %
Floating-rate notes |  |  | 2022 |  | 750 |  |  |  |  |  | 1.53 | % |  | — |  |  |  |  |  | — | %
Fixed-rate 1.800% notes |  |  | 2020 |  | 1,000 |  |  |  |  |  | 1.84 | % |  | — |  |  |  |  |  | — | %
Fixed-rate 2.300% notes |  |  | 2022 |  | 1,000 |  |  |  |  |  | 2.34 | % |  | — |  |  |  |  |  | — | %
Fixed-rate 2.850% notes |  |  | 2024 |  | 1,750 |  |  |  |  |  | 2.16 | % |  | — |  |  |  |  |  | — | %
Fixed-rate 3.200% notes |  |  | 2027 |  | 2,000 |  |  |  |  |  | 2.34 | % |  | — |  |  |  |  |  | — | %
Third quarter 2017 euro-denominated debt issuance of €2.5 billion: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Fixed-rate 0.875% notes |  |  | 2025 |  | 1,419 |  |  |  |  |  | 3.03 | % |  | — |  |  |  |  |  | — | %
Fixed-rate 1.375% notes |  |  | 2029 |  | 1,419 |  |  |  |  |  | 3.37 | % |  | — |  |  |  |  |  | — | %
Third quarter 2017 debt issuance of $1.0 billion: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Fixed-rate 3.000% notes |  |  | 2027 |  | 1,000 |  |  |  |  |  | 3.03 | % |  | — |  |  |  |  |  | — | %
Total term debt |  |  |  |  | 96,589 |  |  |  |  |  |  |  | 78,384 |  |  |  |  |  |
Unamortized premium/(discount) and issuance costs, net |  |  |  |  | (210 | ) |  |  |  |  |  |  | (174 | ) |  |  |  |  |
Hedge accounting fair value adjustments |  |  |  |  | (20 | ) |  |  |  |  |  |  | 717 |  |  |  |  |  |
Less: Current portion of long-term debt |  |  |  |  | (6,495 | ) |  |  |  |  |  |  | (3,500 | ) |  |  |  |  |
Total long-term debt |  |  |  |  | $ | 89,864 |  |  |  |  |  |  |  | $ | 75,427 |  |  |  |  |  |

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