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Fair Value Measurements (Tables)
9 Months Ended
Jun. 29, 2024
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): 
June 29, 2024Level 1Level 2Level 3Netting (a)Total
Other Current Assets:
Derivative financial instruments:
Designated as hedges$— $17 $— $(11)$
Undesignated — 94 — (59)35 
Available-for-sale securities (current)— 13 — — 13 
Other Assets:
Available-for-sale securities (non-current)— 67 29 — 96 
Deferred compensation assets17 440 — — 457 
Total assets$17 $631 $29 $(70)$607 
Other Current Liabilities:
Derivative financial instruments:
Designated as hedges$— $19 $— $(19)$— 
Undesignated — 105 — (90)15 
Total liabilities$— $124 $— $(109)$15 
September 30, 2023Level 1Level 2Level 3Netting (a)Total
Other Current Assets:
Derivative financial instruments:
Designated as hedges$— $$— $(2)$
Undesignated — 95 — (19)76 
Available-for-sale securities (current)— 15 — — 15 
Other Assets:
Available-for-sale securities (non-current)— 59 30 — 89 
Deferred compensation assets27 375 — — 402 
Total assets$27 $551 $30 $(21)$587 
Other Current Liabilities:
Derivative financial instruments:
Designated as hedges$— $27 $— $(27)$— 
Undesignated — 126 — (107)19 
Total liabilities$— $153 $— $(134)$19 
(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 June 29, 2024, and September 30, 2023, we had $39 million and $113 million, respectively, of net cash collateral with various counterparties where master netting arrangements exist and held no cash collateral.
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): 
Nine Months Ended
June 29, 2024July 1, 2023
Balance at beginning of year$30 $35 
Total realized and unrealized gains (losses):
Included in other comprehensive income (loss)
Purchases
Issuances— — 
Settlements(5)(10)
Balance at end of period$29 $31 
Total gains (losses) for the nine 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):
June 29, 2024September 30, 2023
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$83 $80 $(3)$79 $74 $(5)
Corporate and asset-backed29 29 — 31 30 (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):
June 29, 2024September 30, 2023
Fair ValueCarrying ValueFair ValueCarrying Value
Total debt$10,416 $11,021 $8,693 $9,506 
Debt Securities, Available-for-sale
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):
June 29, 2024September 30, 2023
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$83 $80 $(3)$79 $74 $(5)
Corporate and asset-backed29 29 — 31 30 (1)