v3.24.3
Other Comprehensive Income (Loss)
12 Months Ended
Sep. 28, 2024
Statement of Comprehensive Income [Abstract]  
Other Comprehensive Income (Loss) COMPREHENSIVE INCOME (LOSS)
The components of accumulated other comprehensive income (loss) as of September 28, 2024 and September 30, 2023 are as follows (in millions):
 20242023
Accumulated other comprehensive income (loss), net of taxes:
Unrealized net hedging loss$(15)$(10)
Unrealized net gain (loss) on investments(1)(5)
Currency translation adjustment(152)(252)
Postretirement benefits reserve adjustments(2)7 
Total accumulated other comprehensive income (loss)$(170)$(260)
The before and after tax changes in the components of other comprehensive income (loss) are as follows for fiscal years ended 2024, 2023 and 2022 (in millions):
202420232022
Before TaxTaxAfter TaxBefore TaxTaxAfter TaxBefore TaxTaxAfter Tax
Derivatives accounted for as cash flow hedges:
(Gain) loss reclassified to interest expense$1 $— $1 $2 $— $2 $1 $— $1 
(Gain) loss reclassified to cost of sales
1 — 1 — — — — — — 
Unrealized gain (loss)(9)2 (7)— — — — — — 
Investments:
Unrealized gain (loss)
5 (1)4 1 — 1 (8)1 (7)
Currency translation:
Translation adjustment (a)
103 (3)100 29 — 29 (166)4 (162)
Postretirement benefits:
Unrealized gain (loss)(12)3 (9)6 (1)5 58 (15)43 
Total other comprehensive income (loss)$89 $1 $90 $38 $(1)$37 $(115)$(10)$(125)