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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Dec. 27, 2019
Sep. 27, 2019
Current assets:    
Cash and cash equivalents $ 742 $ 927
Accounts receivable, net of allowance for doubtful accounts of $29 and $25, respectively 2,338 2,320
Inventories 2,003 1,836
Prepaid expenses and other current assets 483 471
Total current assets 5,566 5,554
Property, plant, and equipment, net 3,659 3,574
Goodwill 5,846 5,740
Intangible assets, net 1,602 1,596
Deferred income taxes 2,360 2,776
Other assets 943 454
Total assets 19,976 19,694
Current liabilities:    
Short-term debt 561 570
Accounts payable 1,433 1,357
Accrued and other current liabilities 1,410 1,613
Total current liabilities 3,404 3,540
Long-term debt 3,412 3,395
Long-term pension and postretirement liabilities 1,365 1,367
Deferred income taxes 142 156
Income taxes 247 239
Other liabilities 849 427
Total liabilities 9,419 9,124
Commitments and contingencies (Note 10)
Shareholders' equity:    
Common shares, CHF 0.57 par value, 350,951,381 shares authorized and issued 154 154
Accumulated earnings 12,206 12,256
Treasury shares, at cost, 16,520,951 and 15,862,337 shares, respectively (1,389) (1,337)
Accumulated other comprehensive loss (414) (503)
Total shareholders' equity 10,557 10,570
Total liabilities and shareholders' equity $ 19,976 $ 19,694