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Debt (Tables) | 9 Months Ended
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Jun. 26, 2021
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 June 26, 2021 and June 27, 2020 (in millions):
| Nine Months Ended
| June 26, 2021 |  | June 27, 2020
Maturities 90 days or less: |  |  |
Proceeds from commercial paper, net | $ | 2,745 |  |  | $ | 401 |
Maturities greater than 90 days: |  |  |
Proceeds from commercial paper | 3,993 |  |  | 5,373 |
Repayments of commercial paper | (3,716) |  |  | (5,743) |
Proceeds from/(Repayments of) commercial paper, net | 277 |  |  | (370) |
Total proceeds from commercial paper, net | $ | 3,022 |  |  | $ | 31 |
Summary of Term Debt | The following table provides a summary of the Company’s term debt as of June 26, 2021 and September 26, 2020:
| Maturities (calendar year) |  | June 26, 2021 |  | September 26, 2020
| Amount (in millions) |  | Effective Interest Rate |  | Amount (in millions) |  | Effective Interest Rate
2013 – 2020 debt issuances: |  |  |  |  |  |  |  |  |
Floating-rate notes | 2022 |  | $ | 1,750 |  |  | 0.51% – 0.66% |  | $ | 2,250 |  |  | 0.60% – 1.39%
Fixed-rate 0.000% – 4.650% notes | 2021 – 2060 |  | 97,443 |  |  | 0.03% – 4.78% |  | 103,828 |  |  | 0.03% – 4.78%
2021 debt issuance: |  |  |  |  |  |  |  |  |
Fixed-rate 0.700% – 2.800% notes | 2026 – 2061 |  | 14,000 |  |  | 0.75% – 2.81% |  | — |  |  | — | %
Total term debt |  |  | 113,193 |  |  |  |  | 106,078 |  |  |
Unamortized premium/(discount) and issuance costs, net |  |  | (360) |  |  |  |  | (314) |  |  |
Hedge accounting fair value adjustments |  |  | 958 |  |  |  |  | 1,676 |  |  |
Less: Current portion of term debt |  |  | (8,039) |  |  |  |  | (8,773) |  |  |
Total non-current portion of term debt |  |  | $ | 105,752 |  |  |  |  | $ | 98,667 |  |  |

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- Definition Tabular disclosure of the cash flows associated with the issuance and maturities of Commercial Paper. + References No definition available. + Details
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- Definition Tabular disclosure of long-debt instruments or arrangements, including identification, terms, features, collateral requirements and other information necessary to a fair presentation. These are debt arrangements that originally required repayment more than twelve months after issuance or greater than the normal operating cycle of the entity, if longer. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.22) -URI http://asc.fasb.org/extlink&oid=120391452&loc=d3e13212-122682 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 835 -SubTopic 30 -Section 45 -Paragraph 1A -URI http://asc.fasb.org/extlink&oid=119993939&loc=d3e28541-108399 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 6 -URI http://asc.fasb.org/extlink&oid=109259400&loc=d3e21506-112644 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 235 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.4-08.(e),(f)) -URI http://asc.fasb.org/extlink&oid=120395691&loc=d3e23780-122690 Reference 5: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 835 -SubTopic 30 -Section 45 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=119993939&loc=d3e28551-108399 Reference 6: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 7 -URI http://asc.fasb.org/extlink&oid=109259400&loc=d3e21521-112644 Reference 7: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 8 -URI http://asc.fasb.org/extlink&oid=109259400&loc=d3e21538-112644 Reference 8: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 470 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=75038535&loc=d3e64711-112823 Reference 9: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 835 -SubTopic 30 -Section 55 -Paragraph 8 -URI http://asc.fasb.org/extlink&oid=114775985&loc=d3e28878-108400 Reference 10: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=109259400&loc=d3e21475-112644 + Details
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