Financial Instruments (Tables)

3 Months Ended

Dec. 29, 2023

Net investment hedges

Schedule of impacts of hedging program

		For the
		Quarters Ended
	December 29,		December 30,
	2023		2022
	(in millions)
Foreign currency exchange losses on intercompany loans and external borrowings(1)	$	(107)	$	(165)
Losses on cross-currency swap contracts designated as hedges of net investment(1)		(125)		(137)

(1) Recorded as currency translation, a component of accumulated other comprehensive income (loss), and offset by changes attributable to the translation of the net investment.

Cross-currency swap contracts | Net investment hedges

Summary of fair value of derivative instruments

	December 29,		September 29,
	2023		2023
	(in millions)
Prepaid expenses and other current assets	$	60	$	109
Other assets		35		79
Accrued and other current liabilities		9		4
Other liabilities		59		10

Commodity swap contracts | Cash flow hedges

Summary of fair value of derivative instruments

	December 29,		September 29,
	2023		2023
	(in millions)
Prepaid expenses and other current assets	$	11	$	3
Accrued and other current liabilities		6		21
Other liabilities		1		5

Schedule of impacts of hedging program

	For the
	Quarters Ended
	December 29,		December 30,
	2023		2022
	(in millions)
Gains recorded in other comprehensive income (loss)	$	26	$	47
Losses reclassified from accumulated other comprehensive income (loss) into cost of sales		(4)		(29)