Derivative Instruments (Tables)

3 Months Ended

Dec. 29, 2012

Gross Fair Value of Derivative Positions

The fair value of the Company’s derivative positions are summarized in the following tables:



	As of December 29, 2012
	Current Assets			Other Assets			Other Accrued Liabilities			Other Long- Term Liabilities
Derivatives designated as hedges
Foreign exchange	$	100		$	57		$	(74	)	$	(23	)
Interest rate	1			238			(9		)	—
Derivatives not designated as hedges
Foreign exchange	187			6			(82		)	(25		)
Gross fair value of derivatives	288			301			(165		)	(48		)
Counterparty netting	(132		)	(41		)	135			38
Total derivatives ⁽¹⁾	$	156		$	260		$	(30	)	$	(10	)



	As of September 29, 2012
	Current Assets			Other Assets			Other Accrued Liabilities			Other Long- Term Liabilities
Derivatives designated as hedges
Foreign exchange	$	84		$	30		$	(94	)	$	(50	)
Interest rate	1			238			—			—
Derivatives not designated as hedges
Foreign exchange	258			18			(91		)	—
Gross fair value of derivatives	343			286			(185		)	(50		)
Counterparty netting	(117		)	(36		)	117			36
Total derivatives ⁽¹⁾	$	226		$	250		$	(68	)	$	(14	)


⁽¹⁾	Refer to Note 12 for further information on derivative fair values and counterparty netting.

The following table summarizes adjustments related to fair value hedges included in net interest expense in the Condensed Consolidated Statements of Income.



	Quarter Ended
	December 29, 2012			December 31, 2011
Gain (loss) on interest rate swaps	$	(26	)	$	(4	)
Gain (loss) on hedged borrowings	26			4

Schedule of Other Derivatives Not Designated as Hedging Instruments

The following table summarizes the net foreign exchange gains or losses recognized on foreign currency denominated assets and liabilities and the offsetting net foreign exchange gains or losses on the related foreign exchange contracts for the quarter ended December 29, 2012 and December 31, 2011.



	Costs and Expenses						Interest Expense
	December 29, 2012			December 31, 2011			December 29, 2012			December 31, 2011
Net gains (losses) on foreign currency denominated assets and liabilities	$	38		$	(70	)	$	82		$	5
Net gains (losses) on foreign exchange risk management contracts not designated as hedges	(48		)	59			(84		)	(5		)
Net gains (losses)	$	(10	)	$	(11	)	$	(2	)	$	—

- Definition

Tabular disclosure of the location and amount of gains and losses reported in the statement of financial performance, or when applicable, the statement of financial position. For example, (a) gains and losses recognized in the income statement on derivative instruments designated and qualifying as hedging instruments in fair value hedges and related hedged items designated and qualifying in fair value hedges and (b) gains and losses initially recognized in other comprehensive income on derivative instruments designated and qualifying as cash flow hedges.

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- Definition

Tabular disclosure of the location and fair value amounts of derivative instruments (and nonderivative instruments that are designated and qualify as hedging instruments) reported in the statement of financial position.

+ References+ Details