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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Jun. 28, 2019
Sep. 28, 2018
Current assets:    
Cash and cash equivalents $ 546 $ 848
Accounts receivable, net of allowance for doubtful accounts of $25 and $22, respectively 2,463 2,361
Inventories 1,961 1,857
Prepaid expenses and other current assets 452 661
Assets held for sale   472
Total current assets 5,422 6,199
Property, plant, and equipment, net 3,636 3,497
Goodwill 5,800 5,684
Intangible assets, net 1,664 1,704
Deferred income taxes 2,845 2,144
Other assets 381 1,158
Total assets 19,748 20,386
Current liabilities:    
Short-term debt 602 963
Accounts payable 1,438 1,548
Accrued and other current liabilities 1,654 1,711
Liabilities held for sale   188
Total current liabilities 3,694 4,410
Long-term debt 3,434 3,037
Long-term pension and postretirement liabilities 1,094 1,102
Deferred income taxes 203 207
Income taxes 240 312
Other liabilities 461 487
Total liabilities 9,126 9,555
Commitments and contingencies (Note 9)
Shareholders' equity:    
Common shares, CHF 0.57 par value, 350,951,381 shares authorized and issued, and 357,069,981 shares authorized and issued, respectively 154 157
Accumulated earnings 11,893 12,114
Treasury shares, at cost, 14,541,059 and 12,279,603 shares, respectively (1,224) (1,134)
Accumulated other comprehensive loss (201) (306)
Total shareholders' equity 10,622 10,831
Total liabilities and shareholders' equity $ 19,748 $ 20,386