Income Taxes (Tables)

12 Months Ended

Oct. 03, 2015

Income Tax Disclosure [Abstract]

Income Before Income Taxes

	2015		2014		2013
Income Before Income Taxes
Domestic (including U.S. exports)	$	12,825	$	11,376	$	8,972
Foreign subsidiaries	1,043		870		648
	$	13,868	$	12,246	$	9,620

Income Tax Expense / (Benefit)

Income Tax Expense/(Benefit)
Current
Federal	$	4,182		$	2,932	$	2,354
State	333			206		98
Foreign (1)	525			600		474
	5,040			3,738		2,926
Deferred
Federal	82			409		29
State	(52		)	81		61
Foreign	(54		)	14		(32		)
	(24		)	504		58
	$	5,016		$	4,242	$	2,984

⁽¹⁾ Includes foreign withholding taxes

Deferred Tax Assets and Liabilities

	October 3, 2015			September 27, 2014
Components of Deferred Tax Assets and Liabilities
Deferred tax assets
Accrued liabilities	$	(2,244	)	$	(2,171	)
Foreign subsidiaries	—			(742		)
Net operating losses and tax credit carryforwards	(1,396		)	(973		)
Other	(945		)	(342		)
Total deferred tax assets	(4,585		)	(4,228		)
Deferred tax liabilities
Depreciable, amortizable and other property	5,260			6,183
Foreign subsidiaries	583			—
Licensing revenues	396			351
Other	297			223
Total deferred tax liabilities	6,536			6,757
Net deferred tax liability before valuation allowance	1,951			2,529
Valuation allowance	1,288			1,045
Net deferred tax liability	$	3,239		$	3,574

Reconciliation of Effective Income Tax Rate to Federal Rate

A reconciliation of the effective income tax rate to the federal rate is as follows:

	2015		2014		2013
Federal income tax rate	35.0	%	35.0	%	35.0	%
State taxes, net of federal benefit	1.9		2.0		1.8
Domestic production activity deduction	(1.9	)	(2.1	)	(2.5	)
Earnings in jurisdictions taxed at rates different from the statutory U.S. federal rate	(1.5	)	(0.7	)	(1.9	)
Disneyland Paris recapitalization	2.9		—		—
Other, including tax reserves and related interest	(0.2	)	0.4		(1.4	)
	36.2	%	34.6	%	31.0	%

Reconciliation of Beginning and Ending Amount of Gross Unrecognized Tax Benefits, Excluding Related Accrual for Interest

A reconciliation of the beginning and ending amount of gross unrecognized tax benefits, excluding the related accrual for interest, is as follows:

	2015			2014			2013
Balance at the beginning of the year	$	803		$	1,120		$	668
Increases for current year tax positions	98			51			222
Increases for prior year tax positions	280			133			365
Decreases in prior year tax positions	(193		)	(487		)	(9		)
Settlements with taxing authorities	(76		)	(14		)	(126		)
Balance at the end of the year	$	912		$	803		$	1,120