XML 62 R37.htm IDEA: XBRL DOCUMENT
v3.20.1

Fair Value Measurements (Tables) | 6 Months Ended
--- | ---
Mar. 28, 2020
Fair Value Disclosures [Abstract] |
Schedule Of Assets And Liabilities Measured At Fair Value On A Recurring Basis | The following tables set forth by level within the fair value hierarchy our financial assets and liabilities accounted for at fair value on a recurring basis according to the valuation techniques we used to determine their fair values (in millions):
March 28, 2020 | Level 1 |  | Level 2 |  | Level 3 |  | Netting (a) |  | Total
Other Current Assets: |  |  |  |  |  |  |  |  |
Derivative financial instruments: |  |  |  |  |  |  |  |  |
Designated as hedges | $ | — |  |  | $ | 77 |  |  | $ | — |  |  | $ | (59 | ) |  | $ | 18 |
Undesignated | — |  |  | 126 |  |  | — |  |  | (94 | ) |  | 32 |
Available-for-sale securities: |  |  |  |  |  |  |  |  |
Current | — |  |  | 1 |  |  | 1 |  |  | — |  |  | 2 |
Other Assets: |  |  |  |  |  |  |  |  |
Available-for-sale securities: |  |  |  |  |  |  |  |  |
Non-current | — |  |  | 56 |  |  | 46 |  |  | — |  |  | 102 |
Deferred compensation assets | 9 |  |  | 289 |  |  | — |  |  | — |  |  | 298 |
Total assets | $ | 9 |  |  | $ | 549 |  |  | $ | 47 |  |  | $ | (153 | ) |  | $ | 452 |
Other Current Liabilities: |  |  |  |  |  |  |  |  |
Derivative financial instruments: |  |  |  |  |  |  |  |  |
Designated as hedges | $ | — |  |  | $ | 7 |  |  | $ | — |  |  | $ | (4 | ) |  | $ | 3 |
Undesignated | — |  |  | 219 |  |  | — |  |  | (198 | ) |  | 21 |
Total liabilities | $ | — |  |  | $ | 226 |  |  | $ | — |  |  | $ | (202 | ) |  | $ | 24 |
September 28, 2019 | Level 1 |  | Level 2 |  | Level 3 |  | Netting (a) |  | Total
Other Current Assets: |  |  |  |  |  |  |  |  |
Derivative financial instruments: |  |  |  |  |  |  |  |  |
Designated as hedges | $ | — |  |  | $ | 26 |  |  | $ | — |  |  | $ | (3 | ) |  | $ | 23 |
Undesignated | — |  |  | 58 |  |  | — |  |  | (5 | ) |  | 53 |
Available-for-sale securities: |  |  |  |  |  |  |  |  |
Current | — |  |  | — |  |  | 1 |  |  | — |  |  | 1 |
Other Assets: |  |  |  |  |  |  |  |  |
Available-for-sale securities: |  |  |  |  |  |  |  |  |
Non-current | — |  |  | 51 |  |  | 51 |  |  | — |  |  | 102 |
Deferred compensation assets | 7 |  |  | 311 |  |  | — |  |  | — |  |  | 318 |
Total assets | $ | 7 |  |  | $ | 446 |  |  | $ | 52 |  |  | $ | (8 | ) |  | $ | 497 |
Other Current Liabilities: |  |  |  |  |  |  |  |  |
Derivative financial instruments: |  |  |  |  |  |  |  |  |
Designated as hedges | $ | — |  |  | $ | 17 |  |  | $ | — |  |  | $ | (13 | ) |  | $ | 4 |
Undesignated | — |  |  | 93 |  |  | — |  |  | (90 | ) |  | 3 |
Total liabilities | $ | — |  |  | $ | 110 |  |  | $ | — |  |  | $ | (103 | ) |  | $ | 7 |
(a) Our derivative assets and liabilities are presented in our Consolidated Condensed Balance Sheets on a net basis when a legally enforceable master netting arrangement exists between the counterparty to a derivative contract and us. Additionally, at March 28, 2020, and September 28, 2019, we had $49 million and $95 million, respectively, of net cash collateral with various counterparties where master netting arrangements exist
Schedule Of Debt Securities Measured At Fair Value On A Recurring Basis, Unobservable Input Reconciliation | The following table provides a reconciliation between the beginning and ending balance of marketable debt securities measured at fair value on a recurring basis in the table above that used significant unobservable inputs (Level 3) (in millions):
| Six Months Ended
| March 28, 2020 |  | March 30, 2019
Balance at beginning of year | $ | 52 |  |  | $ | 51 |
Total realized and unrealized gains (losses): |  |  |
Included in earnings | — |  |  | — |
Included in other comprehensive income (loss) | (1 | ) |  | 1 |
Purchases | 5 |  |  | 7 |
Issuances | — |  |  | — |
Settlements | (9 | ) |  | (9 | )
Balance at end of period | $ | 47 |  |  | $ | 50 |
Total gains (losses) for the six month period included in earnings attributable to the change in unrealized gains (losses) relating to assets and liabilities still held at end of period | $ | — |  |  | $ | — |
Schedule Of Available For Sale Securities | The following table sets forth our available-for-sale securities' amortized cost basis, fair value and unrealized gain (loss) by significant investment category (in millions):
| March 28, 2020 |  | September 28, 2019
| Amortized Cost Basis |  | Fair Value |  | Unrealized Gain (Loss) |  | Amortized Cost Basis |  | Fair Value |  | Unrealized Gain (Loss)
Available-for-sale securities: |  |  |  |  |  |  |  |  |  |  |
Debt securities: |  |  |  |  |  |  |  |  |  |  |
U.S. treasury and agency | $ | 56 |  |  | $ | 57 |  |  | $ | 1 |  |  | $ | 51 |  |  | $ | 51 |  |  | $ | — |
Corporate and asset-backed | 47 |  |  | 47 |  |  | — |  |  | 51 |  |  | 52 |  |  | 1 |
Schedule Of Fair Value And Carrying Value Of Debt | Fair value of our debt is principally estimated using Level 2 inputs based on quoted prices for those or similar instruments. Fair value and carrying value for our debt are as follows (in millions):
| March 28, 2020 |  | September 28, 2019
| Fair Value |  | Carrying Value |  | Fair Value |  | Carrying Value
Total debt | $ | 12,938 |  |  | $ | 12,120 |  |  | $ | 12,978 |  |  | $ | 11,932 |

X
- Definition Tabular disclosure of available-for-sale securities which includes, but is not limited to, changes in the cost basis and fair value, fair value and gross unrealized gain (loss), fair values by type of security, contractual maturity and classification, amortized cost basis, contracts to acquire securities to be accounted for as available-for-sale, debt maturities, transfers to trading, change in net unrealized holding gain (loss) net of tax, continuous unrealized loss position fair value, aggregate losses qualitative disclosures, other than temporary impairment (OTTI) losses or other disclosures related to available for sale securities. + References No definition available. + Details
Name: | us-gaap_AvailableForSaleSecuritiesTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the fair value measurement of assets using significant unobservable inputs (Level 3), a reconciliation of the beginning and ending balances, separately presenting changes during the period attributable to the following: (1) total gains or losses for the period (realized and unrealized), segregating those gains or losses included in earnings (or changes in net assets) and gains or losses recognized in other comprehensive income (loss), and a description of where those gains or losses included in earnings (or changes in net assets) are reported in the statement of income (or activities); (2) purchases, sales, issues, and settlements (each type disclosed separately); and (3) transfers in and transfers out of Level 3 (for example, transfers due to changes in the observability of significant inputs), by class of asset. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=117815213&loc=d3e19279-110258 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (c) -URI http://asc.fasb.org/extlink&oid=117815213&loc=d3e19207-110258 + Details
Name: | us-gaap_FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum: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 information pertaining to carrying amount and estimated fair value of short-term and long-term debt instruments or arrangements, including but not limited to, identification of terms, features, and collateral requirements. + References No definition available. + Details
Name: | us-gaap_ScheduleOfCarryingValuesAndEstimatedFairValuesOfDebtInstrumentsTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum: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 http://asc.fasb.org/extlink&oid=117815213&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 http://asc.fasb.org/extlink&oid=117815213&loc=d3e19207-110258 + Details
Name: | us-gaap_ScheduleOfFairValueAssetsAndLiabilitiesMeasuredOnRecurringBasisTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration