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Equity

9 Months Ended

Jul. 03, 2021

Equity [Abstract]

Equity

Equity

The Company paid the following dividend in fiscal 2020:

Per Share

Total Paid

Payment Timing

Related to Fiscal Period

$0.88

$1.6 billion

Second Quarter of Fiscal 2020

Second Half 2019

The Company did not pay a dividend with respect to fiscal year 2020 operations and has not declared or paid a dividend with respect to fiscal 2021 operations.

The following tables summarize the changes in each component of accumulated other comprehensive income (loss) (AOCI) including our proportional share of equity method investee amounts:

			Market Value Adjustments for Hedges						Unrecognized Pension and  Postretirement Medical  Expense						Foreign Currency Translation and Other						AOCI
AOCI, before tax
Third quarter of fiscal 2021
Balance at April 3, 2021			$	(283)					$	(8,978)					$	(961)					$	(10,222)
Quarter Ended July 3, 2021:
Unrealized gains (losses) arising during the period			(1)						29						(52)						(24)
Reclassifications of realized net (gains) losses to net income			4						194						—						198
Balance at July 3, 2021			$	(280)					$	(8,755)					$	(1,013)					$	(10,048)
Third quarter of fiscal 2020
Balance at March 28, 2020			$	158					$	(7,268)					$	(1,368)					$	(8,478)
Quarter Ended June 27, 2020:
Unrealized gains (losses) arising during the period			(87)						(6)						23						(70)
Reclassifications of realized net (gains) losses to net income			(78)						132						—						54
Balance at June 27, 2020			$	(7)					$	(7,142)					$	(1,345)					$	(8,494)
Nine months ended fiscal 2021
Balance at October 3, 2020			$	(191)					$	(9,423)					$	(1,088)					$	(10,702)
Nine Months Ended July 3, 2021:
Unrealized gains (losses) arising during the period			(55)						86						75						106
Reclassifications of realized net (gains) losses to net income			(34)						582						—						548
Balance at July 3, 2021			$	(280)					$	(8,755)					$	(1,013)					$	(10,048)
Nine months ended fiscal 2020
Balance at September 28, 2019			$	129					$	(7,502)					$	(1,086)					$	(8,459)
Nine Months Ended June 27, 2020:
Unrealized gains (losses) arising during the period			44						(49)						(259)						(264)
Reclassifications of realized net (gains) losses to net income			(180)						409						—						229
Balance at June 27, 2020			$	(7)					$	(7,142)					$	(1,345)					$	(8,494)

			Market Value Adjustments for Hedges						Unrecognized Pension and  Postretirement Medical  Expense						Foreign Currency Translation and Other						AOCI
Tax on AOCI
Third quarter of fiscal 2021
Balance at April 3, 2021			$	69					$	2,097					$	138					$	2,304
Quarter Ended July 3, 2021:
Unrealized gains (losses) arising during the period			—						(9)						(37)						(46)
Reclassifications of realized net (gains) losses to net income			(2)						(45)						—						(47)
Balance at July 3, 2021			$	67					$	2,043					$	101					$	2,211
Third quarter of fiscal 2020
Balance at March 28, 2020			$	(36)					$	1,702					$	175					$	1,841
Quarter Ended June 27, 2020:
Unrealized gains (losses) arising during the period			19						2						28						49
Reclassifications of realized net (gains) losses to net income			18						(31)						—						(13)
Balance at June 27, 2020			$	1					$	1,673					$	203					$	1,877
Nine months ended fiscal 2021
Balance at October 3, 2020			$	40					$	2,201					$	139					$	2,380
Nine Months Ended July 3, 2021:
Unrealized gains (losses) arising during the period			22						(23)						(38)						(39)
Reclassifications of realized net (gains) losses to net income			5						(135)						—						(130)
Balance at July 3, 2021			$	67					$	2,043					$	101					$	2,211
Nine months ended fiscal 2020
Balance at September 28, 2019			$	(29)					$	1,756					$	115					$	1,842
Nine Months Ended June 27, 2020:
Unrealized gains (losses) arising during the period			(12)						12						88						88
Reclassifications of realized net (gains) losses to net income			42						(95)						—						(53)
Balance at June 27, 2020			$	1					$	1,673					$	203					$	1,877

			Market Value Adjustments for Hedges						Unrecognized Pension and  Postretirement Medical  Expense						Foreign Currency Translation and Other						AOCI
AOCI, after tax
Third quarter of fiscal 2021
Balance at April 3, 2021			$	(214)					$	(6,881)					$	(823)					$	(7,918)
Quarter Ended July 3, 2021:
Unrealized gains (losses) arising during the period			(1)						20						(89)						(70)
Reclassifications of realized net (gains) losses to net income			2						149						—						151
Balance at July 3, 2021			$	(213)					$	(6,712)					$	(912)					$	(7,837)
Third quarter of fiscal 2020
Balance at March 28, 2020			$	122					$	(5,566)					$	(1,193)					$	(6,637)
Quarter Ended June 27, 2020:
Unrealized gains (losses) arising during the period			(68)						(4)						51						(21)
Reclassifications of realized net (gains) losses to net income			(60)						101						—						41
Balance at June 27, 2020			$	(6)					$	(5,469)					$	(1,142)					$	(6,617)
Nine months ended fiscal 2021
Balance at October 3, 2020			$	(151)					$	(7,222)					$	(949)					$	(8,322)
Nine Months Ended July 3, 2021:
Unrealized gains (losses) arising during the period			(33)						63						37						67
Reclassifications of realized net (gains) losses to net income			(29)						447						—						418
Balance at July 3, 2021			$	(213)					$	(6,712)					$	(912)					$	(7,837)
Nine months ended fiscal 2020
Balance at September 28, 2019			$	100					$	(5,746)					$	(971)					$	(6,617)
Nine Months Ended June 27, 2020:
Unrealized gains (losses) arising during the period			32						(37)						(171)						(176)
Reclassifications of realized net (gains) losses to net income			(138)						314						—						176
Balance at June 27, 2020			$	(6)					$	(5,469)					$	(1,142)					$	(6,617)

Details about AOCI components reclassified to net income are as follows:

Gain (loss) in net income:						Affected line item in the   Condensed Consolidated   Statements of Operations:						Quarter Ended												Nine Months Ended
												July 3, 2021						June 27, 2020						July 3, 2021						June 27, 2020
Market value adjustments, primarily cash flow hedges						Primarily revenue						$	(4)					$	78					$	34					$	180
Estimated tax						Income taxes						2						(18)						(5)						(42)
												(2)						60						29						138
Pension and postretirement medical expense						Interest expense, net						(194)						(132)						(582)						(409)
Estimated tax						Income taxes						45						31						135						95
												(149)						(101)						(447)						(314)
Total reclassifications for the period												$	(151)					$	(41)					$	(418)					$	(176)

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- References

No definition available.

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- Definition

The entire disclosure for shareholders' equity comprised of portions attributable to the parent entity and noncontrolling interest, including other comprehensive income. Includes, but is not limited to, balances of common stock, preferred stock, additional paid-in capital, other capital and retained earnings, accumulated balance for each classification of other comprehensive income and amount of comprehensive income.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 235
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.4-08(e)(1))
-URI http://asc.fasb.org/extlink&oid=120395691&loc=d3e23780-122690

Reference 2: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.3-04)
-URI http://asc.fasb.org/extlink&oid=120397183&loc=d3e187085-122770

Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-URI http://asc.fasb.org/topic&trid=2208762

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