XML 41 R25.htm IDEA: XBRL DOCUMENT
v3.23.1

Fair Value Measurements and Investments (Tables) | 6 Months Ended
--- | ---
Mar. 31, 2023
Fair Value Disclosures [Abstract] |
Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis | Assets and Liabilities Measured at Fair Value on a Recurring Basis
| Fair Value Measurements Using Inputs Considered as
| Level 1 |  | Level 2 |  |
| March 31, 2023 |  | September 30, 2022 |  | March 31, 2023 |  | September 30, 2022 |  |  |  |
| (in millions)
Assets |  |  |  |  |  |  |  |  |  |  |
Cash equivalents and restricted cash equivalents: |  |  |  |  |  |  |  |  |  |  |
Money market funds | $ | 11,548 |  |  | $ | 11,736 |  |  | $ | — |  |  | $ | — |  |  |  |  |
U.S. Treasury securities | — |  |  | 799 |  |  | — |  |  | — |  |  |  |  |
Investment securities: |  |  |  |  |  |  |  |  |  |  |
Marketable equity securities | 327 |  |  | 437 |  |  | — |  |  | — |  |  |  |  |
U.S. government-sponsored debt securities | — |  |  | — |  |  | 1,016 |  |  | 457 |  |  |  |  |
U.S. Treasury securities | 4,249 |  |  | 4,005 |  |  | — |  |  | — |  |  |  |  |
Other current and non-current assets: |  |  |  |  |  |  |  |  |  |  |
Money market funds | 22 |  |  | 22 |  |  | — |  |  | — |  |  |  |  |
Derivative instruments | — |  |  | — |  |  | 158 |  |  | 1,131 |  |  |  |  |
Total | $ | 16,146 |  |  | $ | 16,999 |  |  | $ | 1,174 |  |  | $ | 1,588 |  |  |  |  |
Liabilities |  |  |  |  |  |  |  |  |  |  |
Accrued compensation and benefits: |  |  |  |  |  |  |  |  |  |  |
Deferred compensation liability | $ | 171 |  |  | $ | 146 |  |  | $ | — |  |  | $ | — |  |  |  |  |
Accrued and other liabilities: |  |  |  |  |  |  |  |  |  |  |
Derivative instruments | — |  |  | — |  |  | 389 |  |  | 418 |  |  |  |  |
Total | $ | 171 |  |  | $ | 146 |  |  | $ | 389 |  |  | $ | 418 |  |  |  |  |
Schedule of Amortized Cost, Unrealized Gains and Losses, and Fair Value of Debt Securities | The amortized cost, unrealized gains and losses and fair value of debt securities were as follows:
| March 31, 2023
| Amortized Cost |  | Gross Unrealized |  | Fair Value
| Gains |  | Losses |
| (in millions)
U.S. government-sponsored debt securities | $ | 1,016 |  |  | $ | 1 |  |  | $ | (1) |  |  | $ | 1,016 |
U.S. Treasury securities | 4,332 |  |  | 6 |  |  | (89) |  |  | 4,249 |
Total | $ | 5,348 |  |  | $ | 7 |  |  | $ | (90) |  |  | $ | 5,265 |
| September 30, 2022
| Amortized Cost |  | Gross Unrealized |  | Fair Value
| Gains |  | Losses |
| (in millions)
U.S. government-sponsored debt securities | $ | 458 |  |  | $ | — |  |  | $ | (1) |  |  | $ | 457 |
U.S. Treasury securities | 4,937 |  |  | — |  |  | (133) |  |  | 4,804 |
Total | $ | 5,395 |  |  | $ | — |  |  | $ | (134) |  |  | $ | 5,261 |
Debt securities with unrealized losses for less than 12 months and 12 months or greater were as follows:
| March 31, 2023
| Less Than 12 Months |  | 12 Months or Greater
| Fair Value |  | Gross Unrealized Losses |  | Fair Value |  | Gross Unrealized Losses
| (in millions)
U.S. government-sponsored debt securities | $ | 179 |  |  | $ | (1) |  |  | $ | — |  |  | $ | — |
U.S. Treasury securities | 882 |  |  | (11) |  |  | 2,270 |  |  | (78) |
Total | $ | 1,061 |  |  | $ | (12) |  |  | $ | 2,270 |  |  | $ | (78) |
| September 30, 2022
| Less Than 12 Months
| Fair Value |  | Gross Unrealized Losses
| (in millions)
U.S. government-sponsored debt securities | $ | 408 |  |  | $ | (1) |
U.S. Treasury securities | 3,507 |  |  | (133) |
Total | $ | 3,915 |  |  | $ | (134) |
Debt Securities Classified by Contractual Maturity Date | The stated maturities of debt securities were as follows:
|  | March 31, 2023
|  | (in millions)
Due within one year |  | $ | 2,425 |
Due after 1 year through 5 years |  | 2,840 |
Total |  | $ | 5,265 |
Schedule of Non-Marketable Equity Securities | The following table summarizes the total carrying value of the Company’s non-marketable equity securities held as of March 31, 2023 including cumulative unrealized gains and losses:
| March 31, 2023
| (in millions)
Initial cost basis | $ | 754 |
Adjustments: |
Upward adjustments | 829 |
Downward adjustments (including impairment) | (438) |
Carrying amount, end of period | $ | 1,145 |
Unrealized gains and losses included in the carrying value of the Company’s non-marketable equity securities still held as of March 31, 2023 and 2022 were as follows:
| Three Months Ended March 31, |  | Six Months Ended March 31,
| 2023 |  | 2022 |  | 2023 |  | 2022
| (in millions)
Upward adjustments | $ | 2 |  |  | $ | 2 |  |  | $ | 19 |  |  | $ | 226 |
Downward adjustments (including impairment) | $ | (89) |  |  | $ | (53) |  |  | $ | (89) |  |  | $ | (53) |

X
- Definition Tabular disclosure of investment in debt security measured at fair value with change in fair value recognized in other comprehensive income (available-for-sale). + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 320 -URI https://asc.fasb.org/topic&trid=2196928 + Details
Name: | us-gaap_DebtSecuritiesAvailableForSaleTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of investment in equity security without readily determinable fair value. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 321 -SubTopic 10 -Section 50 -Paragraph 3 -Subparagraph (a) -URI https://asc.fasb.org/extlink&oid=126980263&loc=SL75117539-209714 Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 321 -SubTopic 10 -Section 50 -Paragraph 3 -Subparagraph (c) -URI https://asc.fasb.org/extlink&oid=126980263&loc=SL75117539-209714 Reference 3: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 321 -SubTopic 10 -Section 50 -Paragraph 3 -Subparagraph (b) -URI https://asc.fasb.org/extlink&oid=126980263&loc=SL75117539-209714 + Details
Name: | us-gaap_EquitySecuritiesWithoutReadilyDeterminableFairValueTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_FairValueDisclosuresAbstract
Namespace Prefix: | us-gaap_
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 assets and liabilities, including [financial] instruments measured at fair value that are classified in stockholders' equity, if any, that are measured at fair value on a recurring basis. The disclosures contemplated herein include the fair value measurements at the reporting date by the level within the fair value hierarchy in which the fair value measurements in their entirety fall, segregating fair value measurements using quoted prices in active markets for identical assets (Level 1), significant other observable inputs (Level 2), and significant unobservable inputs (Level 3). + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (b) -URI https://asc.fasb.org/extlink&oid=126976982&loc=d3e19207-110258 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (a) -URI https://asc.fasb.org/extlink&oid=126976982&loc=d3e19207-110258 + Details
Name: | us-gaap_ScheduleOfFairValueAssetsAndLiabilitiesMeasuredOnRecurringBasisTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration