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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Millions, $ in Millions
12 Months Ended
Sep. 27, 2024
Sep. 29, 2023
Sep. 30, 2022
CONSOLIDATED STATEMENTS OF OPERATIONS      
Net sales $ 15,845 $ 16,034 $ 16,281
Cost of sales 10,389 10,979 11,037
Gross margin 5,456 5,055 5,244
Selling, general, and administrative expenses 1,732 1,670 1,584
Research, development, and engineering expenses 741 708 718
Acquisition and integration costs 21 33 45
Restructuring and other charges, net 166 340 141
Operating income 2,796 2,304 2,756
Interest income 87 60 15
Interest expense (70) (80) (66)
Other income (expense), net (16) (16) 28
Income from continuing operations before income taxes 2,797 2,268 2,733
Income tax (expense) benefit 397 (364) (306)
Income from continuing operations 3,194 1,904 2,427
Income (loss) from discontinued operations, net of income taxes (1) 6 1
Net income $ 3,193 $ 1,910 $ 2,428
Basic earnings per share:      
Income from continuing operations (in dollars per share) $ 10.40 $ 6.04 $ 7.51
Income (loss) from discontinued operations (in dollars per share)   0.02  
Net income (in dollars per share) 10.40 6.06 7.52
Diluted earnings per share:      
Income from continuing operations (in dollars per share) 10.34 6.01 7.47
Income (loss) from discontinued operations (in dollars per share)   0.02  
Net income (in dollars per share) $ 10.33 $ 6.03 $ 7.47
Weighted-average number of shares outstanding:      
Basic (in shares) 307 315 323
Diluted (in shares) 309 317 325