Equity (Tables)

12 Months Ended

Oct. 03, 2020

Equity [Abstract]

Dividends Declared

The Company paid the following dividends in fiscal 2020, 2019 and 2018:

Per Share	Total Paid	Payment Timing	Related to Fiscal Period
$0.88	$1.6 billion	Second Quarter of Fiscal 2020	Second Half 2019
$0.88	$1.6 billion	Fourth Quarter of Fiscal 2019	First Half 2019
$0.88	$1.3 billion	Second Quarter of Fiscal 2019	Second Half 2018
$0.84	$1.2 billion	Fourth Quarter of Fiscal 2018	First Half 2018
$0.84	$1.3 billion	Second Quarter of Fiscal 2018	Second Half 2017

Changes in Accumulated Other Comprehensive Income (Loss), Net of Tax

The following table summarizes the changes in each component of accumulated other comprehensive income (loss) (AOCI) including our proportional share of equity method investee amounts:

	Market Value Adjustments(1)		Unrecognized Pension and  Postretirement Medical  Expense		Foreign Currency Translation and Other		AOCI
AOCI, before tax
Balance at September 30, 2017	$	(93)	$	(4,906)	$	(523)	$	(5,522)
Unrealized gains (losses) arising during the period	259		203		(204)		258
Reclassifications of net (gains) losses to net income	35		380		—		415
Balance at September 29, 2018	$	201	$	(4,323)	$	(727)	$	(4,849)
Unrealized gains (losses) arising during the period	136		(3,457)		(359)		(3,680)
Reclassifications of net (gains) losses to net income	(185)		278		—		93
Reclassifications to retained earnings	(23)		—		—		(23)
Balance at September 28, 2019	$	129	$	(7,502)	$	(1,086)	$	(8,459)
Unrealized gains (losses) arising during the period	(57)		(2,468)		(2)		(2,527)
Reclassifications of net (gains) losses to net income	(263)		547		—		284
Balance at October 3, 2020	$	(191)	$	(9,423)	$	(1,088)	$	(10,702)

	Market Value Adjustments(1)		Unrecognized Pension and  Postretirement Medical  Expense		Foreign Currency Translation and Other		AOCI
Tax on AOCI
Balance at September 30, 2017	$	39	$	1,839	$	116	$	1,994
Unrealized gains (losses) arising during the period	(68)		(47)		(13)		(128)
Reclassifications of net (gains) losses to net income	(12)		(102)		—		(114)
Balance at September 29, 2018	$	(41)	$	1,690	$	103	$	1,752
Unrealized gains (losses) arising during the period	(31)		797		28		794
Reclassifications of net (gains) losses to net income	43		(64)		—		(21)
Reclassifications to retained earnings(2)	—		(667)		(16)		(683)
Balance at September 28, 2019	$	(29)	$	1,756	$	115	$	1,842
Unrealized gains (losses) arising during the period	8		572		24		604
Reclassifications of net (gains) losses to net income	61		(127)		—		(66)
Balance at October 3, 2020	$	40	$	2,201	$	139	$	2,380

	Market Value Adjustments(1)		Unrecognized Pension and  Postretirement Medical  Expense		Foreign Currency Translation and Other		AOCI
AOCI, after tax
Balance at September 30, 2017	$	(54)	$	(3,067)	$	(407)	$	(3,528)
Unrealized gains (losses) arising during the period	191		156		(217)		130
Reclassifications of net (gains) losses to net income	23		278		—		301
Balance at September 29, 2018	$	160	$	(2,633)	$	(624)	$	(3,097)
Unrealized gains (losses) arising during the period	105		(2,660)		(331)		(2,886)
Reclassifications of net (gains) losses to net income	(142)		214		—		72
Reclassifications to retained earnings(2)	(23)		(667)		(16)		(706)
Balance at September 28, 2019	$	100	$	(5,746)	$	(971)	$	(6,617)
Unrealized gains (losses) arising during the period	(49)		(1,896)		22		(1,923)
Reclassifications of net (gains) losses to net income	(202)		420		—		218
Balance at October 3, 2020	$	(151)	$	(7,222)	$	(949)	$	(8,322)

(1)Primarily reflects market value adjustments for cash flow hedges.

(2)At the beginning of fiscal 2019, the Company adopted new FASB accounting guidance, Reclassification of Certain Tax Effects from Accumulated Other Comprehensive Income, and reclassified $691 million from AOCI to retained earnings. In addition, at the beginning of fiscal 2019, the Company adopted new FASB accounting guidance, Recognition and Measurement of Financial Assets and Liabilities, and reclassified $24 million ($15 million after tax) of market value adjustments on investments previously recorded in AOCI to retained earnings.

Details of AOCI Reclassified to Net Income

Details about AOCI components reclassified to net income are as follows:

Gains (losses) in net income:	Affected line item in the Consolidated Statements of Operations:	2020		2019		2018
Market value adjustments, primarily cash flow hedges	Primarily revenue	$	263	$	185	$	(35)
Estimated tax	Income taxes	(61)		(43)		12
		202		142		(23)
Pension and postretirement medical expense	Cost and expenses	—		—		(380)
	Interest expense, net	(547)		(278)		—
Estimated tax	Income taxes	127		64		102
		(420)		(214)		(278)
Total reclassifications for the period		$	(218)	$	(72)	$	(301)