Leases (Tables)

6 Months Ended

Mar. 27, 2020

Leases

Schedule of components of lease cost

	For the		For the
	Quarter Ended		Six Months Ended
	March 27,		March 27,
	2020		2020
	(in millions)
Operating lease cost	$	25	$	52
Variable lease cost		15		26
Total lease cost	$	40	$	78

Schedule of Balance Sheet information related to leases

	March 27,
	2020
	($ in millions)
Operating lease ROU assets:
Other assets	$	454
Operating lease liabilities:
Accrued and other current liabilities	$	115
Other liabilities		351
Total operating lease liabilities	$	466
Weighted-average remaining lease term (in years)		5.9
Weighted-average discount rate		1.3	%

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

	For the
	Six Months Ended
	March 27,
	2020
	(in millions)
Cash paid for amounts included in the measurement of lease liabilities:
Payments for operating leases(1)	$	51
ROU assets obtained in exchange for new operating lease liabilities		12

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

Schedule of maturities of operating lease liabilities

At March 27, 2020, the maturities of operating lease liabilities were as follows:

	(in millions)
Remainder of fiscal 2020	$	60
Fiscal 2021		105
Fiscal 2022		83
Fiscal 2023		67
Fiscal 2024		53
Thereafter		115
Total lease payments		483
Less: interest		(17)
Present value of lease liabilities	$	466

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