v3.24.3
Fair Value Measurements (Tables)
 12 Months Ended
Sep. 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 as of September 28, 2024 and September 30, 2023 (in millions):
September 28, 2024Level 1Level 2Level 3Netting (a)Total
Other Current Assets:
Derivative financial instruments:
Designated as hedges$— $15 $— $(2)$13 
Undesignated — 79 — 2 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)$36 
September 30, 2023Level 1Level 2Level 3Netting (a)Total
Other Current Assets:
Derivative financial instruments:
Designated as hedges$— $7 $— $(2)$5 
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 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 September 28, 2024, and September 30, 2023, we had $54 million and $113 million, respectively, of net cash collateral posted 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) as of September 28, 2024 and September 30, 2023 (in millions):
September 28, 2024September 30, 2023
Balance at beginning of year$30 $35 
Total realized and unrealized gains (losses):
Included in other comprehensive income (loss)1 1 
Purchases5 10 
Settlements(8)(16)
Balance at end of year$28 $30 
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 as of September 28, 2024 and September 30, 2023 (in millions):
September 28, 2024September 30, 2023
Fair
Value		Carrying
Value		Fair
Value		Carrying
Value
Total Debt$9,638 $9,787 $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 as of September 28, 2024 and September 30, 2023 (in millions):
September 28, 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:
United States Treasury and Agency$86 $85 $(1)$79 $74 $(5)
Corporate and Asset-Backed28 28 — 31 30 (1)