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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Sep. 30, 2016
Sep. 25, 2015
Current assets:    
Cash and cash equivalents $ 647 $ 3,329
Accounts receivable, net of allowance for doubtful accounts of $17 and $18, respectively 2,046 2,120
Inventories 1,596 1,615
Prepaid expenses and other current assets 486 476
Deferred income taxes   345
Total current assets 4,775 7,885
Property, plant, and equipment, net 3,052 2,920
Goodwill 5,492 4,824
Intangible assets, net 1,879 1,555
Deferred income taxes 2,111 2,144
Receivable from Tyco International plc and Covidien plc 12 964
Other assets 287 297
Total Assets 17,608 20,589
Current liabilities:    
Short-term debt 331 498
Accounts payable 1,090 1,143
Accrued and other current liabilities 1,437 1,749
Deferred revenue 208 185
Total current liabilities 3,066 3,575
Long-term debt 3,739 3,386
Long-term pension and postretirement liabilities 1,502 1,327
Deferred income taxes 207 329
Income taxes 247 1,954
Other liabilities 362 433
Total Liabilities 9,123 11,004
Commitments and contingencies (Note 12)
Shareholders' Equity:    
Common shares, CHF 0.57 par value, 382,835,381 shares authorized and issued, and 414,064,381 shares authorized and issued, respectively 168 182
Contributed surplus 1,801 4,359
Accumulated earnings 8,682 6,673
Treasury shares, at cost, 27,554,005 and 20,071,089 shares, respectively (1,624) (1,256)
Accumulated other comprehensive loss (542) (373)
Total Shareholders' Equity 8,485 9,585
Total Liabilities and Shareholders' Equity $ 17,608 $ 20,589