Cash, Cash Equivalents, Restricted Cash and Borrowings (Tables)

9 Months Ended

Jun. 27, 2020

Schedule of Cash Flow, Supplemental Disclosures

The following table provides a reconciliation of cash, cash equivalents and restricted cash reported in the Condensed Consolidated Balance Sheet to the total of the amounts reported in the Condensed Consolidated Statements of Cash Flows.

	June 27, 2020		September 28, 2019
Cash and cash equivalents	$	23,115	$	5,418
Restricted cash included in:
Other current assets	1		26
Other assets	38		11
Total cash, cash equivalents and restricted cash in the statement of cash flows	$	23,154	$	5,455

Borrowing Activity

During the nine months ended June 27, 2020, the Company’s borrowing activity was as follows: 

	September 28, 2019		Borrowings		Payments		Other Activity		June 27, 2020
Commercial paper with original maturities less than three months(1)	$	1,934	$	—	$	(1,613)	$	29	$	350
Commercial paper with original maturities greater than three months	3,408		10,591		(7,605)		(9)		6,385
U.S. dollar denominated notes(2)	39,424		16,968		(2,257)		(219)		53,916
Asia Theme Parks borrowings	1,114		85		—		43		1,242
Foreign currency denominated debt and other(3)	1,106		977		(40)		485		2,528
	$	46,986	$	28,621	$	(11,515)	$	329	$	64,421

⁽¹⁾Borrowings and reductions of borrowings are reported net.

⁽²⁾The other activity is primarily due to the amortization of purchase price adjustments on debt assumed in the TFCF acquisition and debt issuance fees.

⁽³⁾The other activity is due to market value adjustments for debt with qualifying hedges, partially offset by the impact of changes in foreign currency exchange rates.

Line of Credit Facilities

At June 27, 2020, the Company’s bank facilities, which are with a syndicate of lenders, were as follows:

	Committed Capacity		Capacity Used		Unused Capacity
Facility expiring March 2021	$	5,250	$	—	$	5,250
Facility expiring April 2021	5,000		—		5,000
Facility expiring March 2023	4,000		—		4,000
Facility expiring March 2025	3,000		—		3,000
Total	$	17,250	$	—	$	17,250

Interest Expense, net

Interest expense (net of amounts capitalized), interest and investment income, and net periodic pension and postretirement benefit costs (other than service costs) (see Note 10) are reported net in the Condensed Consolidated Statements of Income and consist of the following:

	Quarter Ended				Nine Months Ended
	June 27, 2020		June 29, 2019		June 27, 2020		June 29, 2019
Interest expense	$	(456)	$	(472)	$	(1,183)	$	(833)
Interest and investment income	41		34		180		139
Net periodic pension and postretirement benefit costs (other than service costs)	3		27		8		77
Interest expense, net	$	(412)	$	(411)	$	(995)	$	(617)