The following table provides a reconciliation of cash, cash equivalents and restricted cash reported in the Condensed Consolidated Balance Sheets to the total of the amounts reported in the Condensed Consolidated Statements of Cash Flows.


	April 1, 2023		October 1, 2022
Cash and cash equivalents	$	10,399	$	11,615
Restricted cash included in:
Other current assets	3		3
Other assets	51		43

Total cash, cash equivalents and restricted cash in the statement of cash flows	$	10,453	$	11,661


	October 1, 2022		Borrowings		Payments		Other Activity		April 1, 2023
Commercial paper with original maturities less than three months	$	50	$	958	$	—	$	2	$	1,010
Commercial paper with original maturities greater than three months	1,612		2,022		(2,266)		9		1,377
U.S. dollar denominated notes	45,091		—		(1,000)		(69)		44,022


Asia Theme Parks borrowings	1,425		70		—		79		1,574
Foreign currency denominated debt and other(1)	191		—		—		344		535
	$	48,369	$	3,050	$	(3,266)	$	365	$	48,518

At April 1, 2023, the Company’s bank facilities, which are with a syndicate of lenders and support our commercial paper borrowings, were as follows:


	Committed Capacity		Capacity Used		Unused Capacity
Facility expiring March 2024	$	5,250	$	—	$	5,250

Facility expiring March 2025	3,000		—		3,000
Facility expiring March 2027	4,000		—		4,000
Total	$	12,250	$	—	$	12,250

The Company had a $5.25 billion bank facility that was scheduled to expire in March 2023. This facility was refinanced with a new $5.25 billion bank facility maturing in March 2024. All three of the bank facilities allow for borrowings at SOFR-based rates, and at other variable rates for non-U.S. dollar denominated borrowings, plus a fixed spread that varies with the Company’s debt ratings assigned by Moody’s Investors Service and Standard and Poor’s ranging from 0.655% to 1.225%. The bank facilities contain only one financial covenant relating to interest coverage of three times earnings before interest, taxes, depreciation and amortization, including both intangible amortization and amortization of our film and television production and programming costs. On April 1, 2023, the Company met this covenant by a significant margin. The bank facilities specifically exclude certain entities, including the Asia Theme Parks, from any representations, covenants or events of default. The Company also has the ability to issue up to $500 million of letters of credit under the facility expiring in March 2027, which if utilized, reduces available borrowings under this facility. As of April 1, 2023, the Company has $1.9 billion of outstanding letters of credit, of which none were issued under this facility.

The Company has credit facilities to finance a significant portion of the contract price of two new cruise ships, which are scheduled to be delivered in fiscal 2025 and fiscal 2026. Under the facilities, $1.1 billion is available beginning in August 2023 and $1.1 billion is available beginning in August 2024. Each tranche of financing may be utilized within a period of 18 months from the initial availability date. If utilized, the interest rates will be fixed at 3.80% and 3.74%, respectively, and the loan and interest will be payable semi-annually over a 12-year period from the borrowing date. Early repayment is permitted subject to cancellation fees.

Interest expense (net of amounts capitalized), interest and investment income, and net periodic pension and postretirement benefit costs (other than service costs) (see Note 9) are reported net in the Condensed Consolidated Statements of Income and consist of the following:


	Quarter Ended				Six Months Ended
	April 1, 2023		April 2, 2022		April 1, 2023		April 2, 2022
Interest expense	$	(504)	$	(374)	$	(969)	$	(735)
Interest and investment income	98		3		177		37
Net periodic pension and postretirement benefit costs (other than service costs)	84		16		170		32
Interest expense, net	$	(322)	$	(355)	$	(622)	$	(666)