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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Jun. 24, 2022
Sep. 24, 2021
Current assets:    
Cash and cash equivalents $ 820 $ 1,203
Accounts receivable, net of allowance for doubtful accounts of $54 and $41, respectively 3,132 2,928
Inventories 3,028 2,511
Prepaid expenses and other current assets 603 621
Total current assets 7,583 7,263
Property, plant, and equipment, net 3,712 3,778
Goodwill 5,352 5,590
Intangible assets, net 1,355 1,549
Deferred income taxes 2,478 2,499
Other assets 868 783
Total assets 21,348 21,462
Current liabilities:    
Short-term debt 822 503
Accounts payable 1,917 1,911
Accrued and other current liabilities 2,319 2,242
Total current liabilities 5,058 4,656
Long-term debt 3,380 3,589
Long-term pension and postretirement liabilities 1,094 1,139
Deferred income taxes 186 181
Income taxes 322 302
Other liabilities 771 847
Total liabilities 10,811 10,714
Commitments and contingencies (Note 9)
Redeemable noncontrolling interests 103 114
Shareholders' equity:    
Common shares, CHF 0.57 par value, 330,830,781 shares authorized and issued, and 336,099,881 shares authorized and issued, respectively 146 148
Accumulated earnings 12,084 11,709
Treasury shares, at cost, 10,425,219 and 9,060,919 shares, respectively (1,370) (1,055)
Accumulated other comprehensive loss (426) (168)
Total shareholders' equity 10,434 10,634
Total liabilities, redeemable noncontrolling interests, and shareholders' equity $ 21,348 $ 21,462