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

3 Months Ended

Jan. 02, 2021

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.

	January 2, 2021		October 3, 2020
Cash and cash equivalents	$	17,068	$	17,914
Restricted cash included in:
Other current assets	3		3
Other assets	41		37
Total cash, cash equivalents and restricted cash in the statement of cash flows	$	17,112	$	17,954

Borrowing Activity

During the quarter ended January 2, 2021, the Company’s borrowing activity was as follows: 

	October 3, 2020		Borrowings		Payments		Other Activity		January 2, 2021
Commercial paper with original maturities greater than three months	$	2,023	$	50	$	(229)	$	2	$	1,846
U.S. dollar denominated notes(1)	52,736		—		—		(34)		52,702
Asia Theme Parks borrowings(2)	1,303		—		(70)		61		1,294
Foreign currency denominated debt and other(3)	2,566		1		(69)		(65)		2,433
	$	58,628	$	51	$	(368)	$	(36)	$	58,275

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

(2)The other activity is due to the impact of changes in foreign currency exchange rates.

(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 January 2, 2021, 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 8) are reported net in the Condensed Consolidated Statements of Income and consist of the following:

	Quarter Ended
	January 2, 2021		December 28, 2019
Interest expense	$	(404)	$	(362)
Interest and investment income	113		76
Net periodic pension and postretirement benefit costs (other than service costs)	(33)		3
Interest expense, net	$	(324)	$	(283)