Leases (Tables)

3 Months Ended

Dec. 27, 2019

Leases

Schedule of components of lease cost

	For the
	Quarter Ended
	December 27,
	2019
	(in millions)
Operating lease cost	$	27
Variable lease cost		11
Total lease cost	$	38

Schedule of Balance Sheet information related to leases

	December 27,
	2019
	($ in millions)
Operating lease ROU assets:
Other assets	$	506
Operating lease liabilities:
Accrued and other current liabilities	$	122
Other liabilities		397
Total operating lease liabilities	$	519
Weighted-average remaining lease term (in years)		6.1
Weighted-average discount rate		1.3	%

Schedule of Cash Flow information, including significant non-cash transactions, related to leases

	For the
	Quarter Ended
	December 27,
	2019
	(in millions)
Cash paid for amounts included in the measurement of lease liabilities:
Payments for operating leases(1)	$	26
ROU assets obtained in exchange for new operating lease liabilities(2)		525

(1) These payments are included in cash flows from continuing operating activities, primarily in changes in other liabilities.

(2) Includes ROU assets obtained in connection with the adoption of ASC 842.

Schedule of maturities of operating lease liabilities

	(in millions)
Remainder of fiscal 2020	$	91
Fiscal 2021		105
Fiscal 2022		85
Fiscal 2023		72
Fiscal 2024		60
Thereafter		126
Total lease payments		539
Less: interest		(20)
Present value of lease liabilities	$	519

Schedule of minimum lease payment obligations under ASC 840

The following table, which was included in our Annual Report on Form 10-K for the fiscal year ended September 27, 2019 and presented in accordance with the previous lease accounting standard, presents the future minimum lease payments under non-cancelable operating lease obligations as of September 27, 2019:

	(in millions)
Fiscal 2020	$	117
Fiscal 2021		102
Fiscal 2022		81
Fiscal 2023		67
Fiscal 2024		55
Thereafter		118
Total	$	540