Equity (Tables)

12 Months Ended

Oct. 02, 2021

Equity [Abstract]

Dividends Declared

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

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

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 for Hedges		Unrecognized Pension and  Postretirement Medical  Expense		Foreign Currency Translation and Other		AOCI
AOCI, before tax
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)
Unrealized gains (losses) arising during the period	70		1,582		41		1,693
Reclassifications of net (gains) losses to net income	(31)		816		—		785
Balance at October 2, 2021	$	(152)	$	(7,025)	$	(1,047)	$	(8,224)

	Market Value Adjustments for Hedges		Unrecognized Pension and  Postretirement Medical  Expense		Foreign Currency Translation and Other		AOCI
Tax on AOCI
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(1)	—		(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
Unrealized gains (losses) arising during the period	(8)		(358)		(50)		(416)
Reclassifications of net (gains) losses to net income	10		(190)		—		(180)
Balance at October 2, 2021	$	42	$	1,653	$	89	$	1,784

	Market Value Adjustments for Hedges		Unrecognized Pension and  Postretirement Medical  Expense		Foreign Currency Translation and Other		AOCI
AOCI, after tax
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(1)	(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)
Unrealized gains (losses) arising during the period	62		1,224		(9)		1,277
Reclassifications of net (gains) losses to net income	(21)		626		—		605
Balance at October 2, 2021	$	(110)	$	(5,372)	$	(958)	$	(6,440)

(1)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:	2021		2020		2019
Market value adjustments, primarily cash flow hedges	Primarily revenue	$	31	$	263	$	185
Estimated tax	Income taxes	(10)		(61)		(43)
		21		202		142
Pension and postretirement medical expense	Interest expense, net	(816)		(547)		(278)
Estimated tax	Income taxes	190		127		64
		(626)		(420)		(214)
Total reclassifications for the period		$	(605)	$	(218)	$	(72)