XML 33 R23.htm IDEA: XBRL DOCUMENT
v3.24.0.1

Financial Instruments (Tables) | 3 Months Ended
--- | ---
Dec. 30, 2023
Financial Instruments [Abstract] |
Cash, Cash Equivalents and Marketable Securities by Significant Investment Category | The following tables show the Company’s cash, cash equivalents and marketable securities by significant investment category as of December 30, 2023 and September 30, 2023 (in millions):
| December 30, 2023
| Adjusted Cost |  | Unrealized Gains |  | Unrealized Losses |  | Fair Value |  | Cash and Cash Equivalents |  | Current Marketable Securities |  | Non-Current Marketable Securities
Cash | $ | 29,542 |  |  | $ | — |  |  | $ | — |  |  | $ | 29,542 |  |  | $ | 29,542 |  |  | $ | — |  |  | $ | — |
Level 1: |  |  |  |  |  |  |  |  |  |  |  |  |
Money market funds | 2,000 |  |  | — |  |  | — |  |  | 2,000 |  |  | 2,000 |  |  | — |  |  | — |
Mutual funds | 448 |  |  | 35 |  |  | (11) |  |  | 472 |  |  | — |  |  | 472 |  |  | — |
Subtotal | 2,448 |  |  | 35 |  |  | (11) |  |  | 2,472 |  |  | 2,000 |  |  | 472 |  |  | — |
Level 2 (1): |  |  |  |  |  |  |  |  |  |  |  |  |
U.S. Treasury securities | 24,041 |  |  | 12 |  |  | (920) |  |  | 23,133 |  |  | 7,303 |  |  | 4,858 |  |  | 10,972 |
U.S. agency securities | 5,791 |  |  | — |  |  | (448) |  |  | 5,343 |  |  | 243 |  |  | 98 |  |  | 5,002 |
Non-U.S. government securities | 17,326 |  |  | 54 |  |  | (675) |  |  | 16,705 |  |  | — |  |  | 11,175 |  |  | 5,530 |
Certificates of deposit and time deposits | 1,448 |  |  | — |  |  | — |  |  | 1,448 |  |  | 1,119 |  |  | 329 |  |  | — |
Commercial paper | 1,361 |  |  | — |  |  | — |  |  | 1,361 |  |  | 472 |  |  | 889 |  |  | — |
Corporate debt securities | 75,360 |  |  | 112 |  |  | (3,964) |  |  | 71,508 |  |  | 81 |  |  | 13,909 |  |  | 57,518 |
Municipal securities | 562 |  |  | — |  |  | (14) |  |  | 548 |  |  | — |  |  | 185 |  |  | 363 |
Mortgage- and asset-backed securities | 22,369 |  |  | 53 |  |  | (1,907) |  |  | 20,515 |  |  | — |  |  | 425 |  |  | 20,090 |
Subtotal | 148,258 |  |  | 231 |  |  | (7,928) |  |  | 140,561 |  |  | 9,218 |  |  | 31,868 |  |  | 99,475 |
Total (2) | $ | 180,248 |  |  | $ | 266 |  |  | $ | (7,939) |  |  | $ | 172,575 |  |  | $ | 40,760 |  |  | $ | 32,340 |  |  | $ | 99,475 |
| September 30, 2023
| Adjusted Cost |  | Unrealized Gains |  | Unrealized Losses |  | Fair Value |  | Cash and Cash Equivalents |  | Current Marketable Securities |  | Non-Current Marketable Securities
Cash | $ | 28,359 |  |  | $ | — |  |  | $ | — |  |  | $ | 28,359 |  |  | $ | 28,359 |  |  | $ | — |  |  | $ | — |
Level 1: |  |  |  |  |  |  |  |  |  |  |  |  |
Money market funds | 481 |  |  | — |  |  | — |  |  | 481 |  |  | 481 |  |  | — |  |  | — |
Mutual funds and equity securities | 442 |  |  | 12 |  |  | (26) |  |  | 428 |  |  | — |  |  | 428 |  |  | — |
Subtotal | 923 |  |  | 12 |  |  | (26) |  |  | 909 |  |  | 481 |  |  | 428 |  |  | — |
Level 2 (1): |  |  |  |  |  |  |  |  |  |  |  |  |
U.S. Treasury securities | 19,406 |  |  | — |  |  | (1,292) |  |  | 18,114 |  |  | 35 |  |  | 5,468 |  |  | 12,611 |
U.S. agency securities | 5,736 |  |  | — |  |  | (600) |  |  | 5,136 |  |  | 36 |  |  | 271 |  |  | 4,829 |
Non-U.S. government securities | 17,533 |  |  | 6 |  |  | (1,048) |  |  | 16,491 |  |  | — |  |  | 11,332 |  |  | 5,159 |
Certificates of deposit and time deposits | 1,354 |  |  | — |  |  | — |  |  | 1,354 |  |  | 1,034 |  |  | 320 |  |  | — |
Commercial paper | 608 |  |  | — |  |  | — |  |  | 608 |  |  | — |  |  | 608 |  |  | — |
Corporate debt securities | 76,840 |  |  | 6 |  |  | (5,956) |  |  | 70,890 |  |  | 20 |  |  | 12,627 |  |  | 58,243 |
Municipal securities | 628 |  |  | — |  |  | (26) |  |  | 602 |  |  | — |  |  | 192 |  |  | 410 |
Mortgage- and asset-backed securities | 22,365 |  |  | 6 |  |  | (2,735) |  |  | 19,636 |  |  | — |  |  | 344 |  |  | 19,292 |
Subtotal | 144,470 |  |  | 18 |  |  | (11,657) |  |  | 132,831 |  |  | 1,125 |  |  | 31,162 |  |  | 100,544 |
Total (2) | $ | 173,752 |  |  | $ | 30 |  |  | $ | (11,683) |  |  | $ | 162,099 |  |  | $ | 29,965 |  |  | $ | 31,590 |  |  | $ | 100,544 |
(1)The valuation techniques used to measure the fair values of the Company’s Level 2 financial instruments, which generally have counterparties with high credit ratings, are based on quoted market prices or model-driven valuations using significant inputs derived from or corroborated by observable market data. (2)As of December 30, 2023 and September 30, 2023, total marketable securities included $13.9 billion and $13.8 billion, respectively, that were restricted from general use, related to the European Commission decision finding that Ireland granted state aid to the Company, and other agreements.
Non-Current Marketable Debt Securities by Contractual Maturity | The following table shows the fair value of the Company’s non-current marketable debt securities, by contractual maturity, as of December 30, 2023 (in millions):
Due after 1 year through 5 years | $ | 72,994 |
Due after 5 years through 10 years | 9,368 |
Due after 10 years | 17,113 |
Total fair value | $ | 99,475 |
Notional Amounts of Outstanding Derivative Instruments | The notional amounts of the Company’s outstanding derivative instruments as of December 30, 2023 and September 30, 2023 were as follows (in millions):
| December 30, 2023 |  | September 30, 2023
Derivative instruments designated as accounting hedges: |  |  |
Foreign exchange contracts | $ | 66,735 |  |  | $ | 74,730 |
Interest rate contracts | $ | 19,375 |  |  | $ | 19,375 |
Derivative instruments not designated as accounting hedges: |  |  |
Foreign exchange contracts | $ | 102,108 |  |  | $ | 104,777 |
Carrying Amounts of Hedged Items in Fair Value Hedges | The carrying amounts of the Company’s hedged items in fair value hedges as of December 30, 2023 and September 30, 2023 were as follows (in millions):
| December 30, 2023 |  | September 30, 2023
Hedged assets/(liabilities): |  |  |
Current and non-current marketable securities | $ | 15,102 |  |  | $ | 14,433 |
Current and non-current term debt | $ | (18,661) |  |  | $ | (18,247) |

X
- Definition Financial Instruments + References No definition available. + Details
Name: | aapl_FinancialInstrumentsAbstract
Namespace Prefix: | aapl_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of maturities of an entity's investments as well as any other information pertinent to the investments. + References No definition available. + Details
Name: | us-gaap_InvestmentsClassifiedByContractualMaturityDateTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the components of cash, cash equivalents, and investments. + References No definition available. + Details
Name: | us-gaap_ScheduleOfCashCashEquivalentsAndShortTermInvestmentsTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure for fair value hedging instruments of (a) the location and amount of gains and losses reported in the statement of financial performance and (b) the location and fair value amounts of the instruments reported in the statement of financial position. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 4C -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org//1943274/2147480434/815-10-50-4C + Details
Name: | us-gaap_ScheduleOfFairValueHedgingInstrumentsStatementsOfFinancialPerformanceAndFinancialPositionLocationTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the notional amounts of outstanding derivative positions. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 1A -Subparagraph (d) -Publisher FASB -URI https://asc.fasb.org//1943274/2147480434/815-10-50-1A + Details
Name: | us-gaap_ScheduleOfNotionalAmountsOfOutstandingDerivativePositionsTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration