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

9 Months Ended

Jul. 02, 2022

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 Sheets to the total of the amounts reported in the Condensed Consolidated Statements of Cash Flows.

	July 2, 2022		October 2, 2021
Cash and cash equivalents	$	12,959	$	15,959
Restricted cash included in:
Other current assets	3		3
Other assets	42		41
Total cash, cash equivalents and restricted cash in the statement of cash flows	$	13,004	$	16,003

Borrowing Activity

During the nine months ended July 2, 2022, the Company’s borrowing activity was as follows: 

	October 2, 2021		Borrowings		Payments		Other Activity		July 2, 2022
Commercial paper with original maturities less than three months	$	—	$	508	$	—	$	—	$	508
Commercial paper with original maturities greater than three months	1,992		1,022		(1,805)		1		1,210
U.S. dollar denominated notes(1)	49,090		—		(1,400)		(105)		47,585
Asia Theme Parks borrowings	1,331		152		—		(14)		1,469
Foreign currency denominated debt and other(2)	1,993		—		—		(1,163)		830
	$	54,406	$	1,682	$	(3,205)	$	(1,281)	$	51,602

(1)The other activity is 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 market value adjustments for debt with qualifying hedges.

Line of Credit Facilities

At July 2, 2022, the Company’s bank facilities, which are with a syndicate of lenders and support our commercial paper borrowings, were as follows:

	Committed Capacity		Capacity Used		Unused Capacity
Facility expiring March 2023	$	5,250	$	—	$	5,250
Facility expiring March 2025	3,000		—		3,000
Facility expiring March 2027	4,000		—		4,000
Total	$	12,250	$	—	$	12,250

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 9) are reported net in the Condensed Consolidated Statements of Income and consist of the following:

	Quarter Ended				Nine Months Ended
	July 2, 2022		July 3, 2021		July 2, 2022		July 3, 2021
Interest expense	$	(380)	$	(404)	$	(1,115)	$	(1,223)
Interest and investment income	7		(9)		44		234
Net periodic pension and postretirement benefit costs (other than service costs)	13		(32)		45		(100)
Interest expense, net	$	(360)	$	(445)	$	(1,026)	$	(1,089)