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Fair Value Measurements (Tables)
3 Months Ended
Dec. 28, 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): 
December 28, 2024Level 1Level 2Level 3Netting (a)Total
Other Current Assets:
Derivative financial instruments:
Designated as hedges$— $10 $— $(1)$
Undesignated — 75 — (5)70 
Available-for-sale securities (current)— — — 
Other Assets:
Available-for-sale securities (non-current)— 84 25 — 109 
Deferred compensation assets26 452 — — 478 
Total assets$26 $622 $25 $(6)$667 
Other Current Liabilities:
Derivative financial instruments:
Designated as hedges$— $31 $— $(31)$— 
Undesignated — 38 — (30)
Total liabilities$— $69 $— $(61)$
September 28, 2024Level 1Level 2Level 3Netting (a)Total
Other Current Assets:
Derivative financial instruments:
Designated as hedges$— $15 $— $(2)$13 
Undesignated — 79 — 81 
Available-for-sale securities (current)— 10 — — 10 
Other Assets:
Available-for-sale securities (non-current)— 75 28 — 103 
Deferred compensation assets22 461 — — 483 
Total assets$22 $640 $28 $— $690 
Other Current Liabilities:
Derivative financial instruments:
Designated as hedges$— $19 $— $(19)$— 
Undesignated — 71 — (35)36 
Total liabilities$— $90 $— $(54)$36 
(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 December 28, 2024, and September 28, 2024, we had $55 million and $54 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): 
Three Months Ended
December 28, 2024December 30, 2023
Balance at beginning of year$28 $30 
Total realized and unrealized gains (losses):
Included in other comprehensive income (loss)— — 
Purchases— 
Issuances— — 
Settlements(3)(1)
Balance at end of period$25 $30 
Total gains (losses) for the three 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):
December 28, 2024September 28, 2024
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$88 $85 $(3)$86 $85 $(1)
Corporate and asset-backed25 25 — 28 28 — 
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):
December 28, 2024September 28, 2024
Fair ValueCarrying ValueFair ValueCarrying Value
Total debt$9,497 $9,806 $9,638 $9,787 
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):
December 28, 2024September 28, 2024
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$88 $85 $(3)$86 $85 $(1)
Corporate and asset-backed25 25 — 28 28 —