v3.26.1
Fair Value Measurements (Tables)
 9 Months Ended
Jun. 28, 2026
Fair Value Measurements [Abstract]  
Fair value hierarchy for assets and liabilities measured at fair value on a recurring basis
The following table presents our fair value hierarchy for assets and liabilities measured at fair value on a recurring basis at June 28, 2026 (in millions):
Level 1Level 2Total
Assets   
Cash equivalents$1,529 $299 $1,828 
Marketable securities:   
Corporate bonds and notes— 2,249 2,249 
Mortgage- and asset-backed securities— 557 557 
U.S. Treasury securities and government-related securities32 7 39 
Equity securities (1)926 — 926 
Total marketable securities958 2,813 3,771 
Derivative instruments— 54 54 
Other investments (2)1,293 — 1,293 
Total assets measured at fair value$3,780 $3,166 $6,946 
Liabilities   
Derivative instruments$— $251 $251 
Other liabilities (2)1,289 — 1,289 
Total liabilities measured at fair value$1,289 $251 $1,540 
(1) Primarily consists of equity securities in certain QSI investees that have completed initial public offerings, which remain subject to short-term lock-up restrictions on the ability to sell.
(2) Other investments and other liabilities included in Level 1 are comprised of our deferred compensation plan assets and liabilities.
Investments Classified by Contractual Maturity Date
The contractual maturities of available-for-sale debt securities were as follows (in millions):
June 28,
2026
Years to maturity
Less than one year$616 
One to five years1,670 
Five to ten years2 
No single maturity date557 
Total$2,845