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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Millions, $ in Millions
12 Months Ended
Sep. 27, 2019
Sep. 28, 2018
Sep. 29, 2017
CONSOLIDATED STATEMENTS OF OPERATIONS      
Net sales $ 13,448 $ 13,988 $ 12,185
Cost of sales 9,054 9,243 8,002
Gross margin 4,394 4,745 4,183
Selling, general, and administrative expenses 1,490 1,594 1,543
Research, development, and engineering expenses 644 680 611
Acquisition and integration costs 27 14 6
Restructuring and other charges, net 255 126 147
Operating income 1,978 2,331 1,876
Interest income 19 15 16
Interest expense (68) (107) (130)
Other income (expense), net 2 1 (42)
Income from continuing operations before income taxes 1,931 2,240 1,720
Income tax (expense) benefit 15 344 (180)
Income from continuing operations 1,946 2,584 1,540
Income (loss) from discontinued operations, net of income taxes (102) (19) 143
Net income $ 1,844 $ 2,565 $ 1,683
Basic earnings per share:      
Income from continuing operations (in dollars per share) $ 5.76 $ 7.38 $ 4.34
Income (loss) from discontinued operations (in dollars per share) (0.30) (0.05) 0.40
Net income (in dollars per share) 5.46 7.33 4.74
Diluted earnings per share:      
Income from continuing operations (in dollars per share) 5.72 7.32 4.30
Income (loss) from discontinued operations (in dollars per share) (0.30) (0.05) 0.40
Net income (in dollars per share) $ 5.42 $ 7.27 $ 4.70
Weighted-average number of shares outstanding:      
Basic (in shares) 338 350 355
Diluted (in shares) 340 353 358