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Pension and Other Benefit Programs (Tables)
 12 Months Ended
Oct. 01, 2022
Retirement Benefits [Abstract]  
Benefit Obligations, Assets, Funded Status and Balance Sheet Impacts Associated with Pension and Postretirement Medical Benefit Plans based upon Actuarial Valuations
The following chart summarizes the benefit obligations, assets, funded status and balance sheet impacts associated with the defined benefit pension and postretirement medical benefit plans:
 Pension PlansPostretirement Medical Plans
 October 1,
2022		October 2,
2021		October 1,
2022		October 2,
2021
Projected benefit obligations
Beginning obligations$(20,955) $(20,760) $(2,121) $(2,104) 
Service cost(400) (434) (9) (10) 
Interest cost(500) (457) (51) (47) 
Actuarial gain (loss)(1)
6,159  15  595  (13) 
Plan amendments and other39  20  (16) (14) 
Benefits paid629  661  63  67  
Ending obligations$(15,028) $(20,955) $(1,539) $(2,121) 
Fair value of plans’ assets
Beginning fair value$18,076  $15,598  $889  $771  
Actual return on plan assets(2,715) 2,653  (134) 137  
Contributions96  565  61  47  
Benefits paid(629) (661) (63) (67) 
Expenses and other(107) (79) (4) 1  
Ending fair value$14,721  $18,076  $749  $889  
Underfunded status of the plans$(307) $(2,879) $(790) $(1,232) 
Amounts recognized in the balance sheet
Non-current assets$913  $88  $—  $—  
Current liabilities(66) (63) (4) (4) 
Non-current liabilities(1,154) (2,904) (786) (1,228) 
$(307) $(2,879) $(790) $(1,232) 
(1)The actuarial gain for fiscal 2022 was due to an increase in the discount rate used to determine the fiscal year-end benefit obligation from the rate that was used in the preceding fiscal year.
Net Periodic Benefit Cost
The components of net periodic benefit cost are as follows:
 Pension PlansPostretirement Medical Plans
 202220212020202220212020
Service cost$400  $434  $410  $9  $10  $10  
Other costs (benefits):
Interest cost500  457  527  51  47  56  
Expected return on plan assets(1,174) (1,100) (1,084) (59) (55) (57) 
Amortization of prior-year service costs7  11  13  —  —  —  
Recognized net actuarial loss 585  777  544  28  30  14  
Total other costs (benefits)(82) 145  —  20  22  13  
Net periodic benefit cost$318  $579  $410  $29  $32  $23  
Key Assumptions
Key assumptions are as follows:
 Pension PlansPostretirement Medical Plans
 202220212020202220212020
Discount rate used to determine the fiscal year‑end benefit obligation5.44 %2.88 %2.82 %5.47 %2.89 %2.80 %
Discount rate used to determine the interest cost component of net periodic benefit cost2.45 %2.28 %2.94 %2.47 %2.28 %2.95 %
Rate of return on plan assets7.00 %7.00 %7.00 %7.00 %7.00 %7.00 %
Weighted average rate of compensation increase to determine the fiscal year‑end benefit obligation3.10 %3.10 %3.20 %n/an/an/a
Year 1 increase in cost of benefitsn/an/an/a7.00 %7.00 %7.00 %
Rate of increase to which the cost of benefits is assumed to decline (the ultimate trend rate)n/an/an/a4.00 %4.00 %4.25 %
Year that the rate reaches the ultimate trend raten/an/an/a2041 2040 2034
Accumulated Other Comprehensive Loss, Before Tax, Not yet Recognized in Net Periodic Benefit Cost
AOCI, before tax, as of October 1, 2022 consists of the following amounts that have not yet been recognized in net periodic benefit cost:
Pension PlansPostretirement
Medical Plans		Total
Prior service cost$26  $—  $26  
Net actuarial loss3,838  (93) 3,745  
Total amounts included in AOCI3,864  (93) 3,771  
Prepaid (accrued) pension cost(3,557) 883  (2,674) 
Net balance sheet liability$307  $790  $1,097  
Plan Assets Investment Policy Ranges for Major Asset Classes The investment policy ranges for the major asset classes are as follows:
Asset ClassMinimumMaximum
Equity investments30%60%
Fixed income investments20%40%
Alternative investments10%30%
Cash & money market funds—%10%
Defined Benefit Plan Assets Measured at Fair Value
The Company’s defined benefit plan assets are summarized by level in the following tables:
As of October 1, 2022
DescriptionLevel 1Level 2TotalPlan Asset Mix
Cash$177  $—  $177  1%
Common and preferred stocks(1)
3,118  —  3,118  20%
Mutual funds1,044  —  1,044  7%
Government and federal agency bonds, notes and MBS
2,061  293  2,354  15%
Corporate bonds
—  751  751  5%
Other mortgage- and asset-backed securities—  84  84  1%
Derivatives and other, net
2  13  15  —%
Total investments in the fair value hierarchy $6,402  $1,141  $7,543  
Assets valued at NAV as a practical expedient:
Common collective funds
3,479  22%
Alternative investments4,208  27%
Money market funds and other240  2%
Total investments at fair value$15,470  100%
As of October 2, 2021
DescriptionLevel 1Level 2TotalPlan Asset Mix
Cash$77  $—  $77  —%
Common and preferred stocks(1)
4,407  —  4,407  23%
Mutual funds1,326  —  1,326  7%
Government and federal agency bonds, notes and MBS
2,437  349  2,786  15%
Corporate bonds
—  1,098  1,098  6%
Other mortgage- and asset-backed securities—  96  96  1%
Derivatives and other, net
8  21  29  —%
Total investments in the fair value hierarchy $8,255  $1,564  $9,819  
Assets valued at NAV as a practical expedient:
Common collective funds
4,550  24%
Alternative investments4,342  23%
Money market funds and other254  1%
Total investments at fair value$18,965  100%
(1)Includes 2.9 million shares of Company common stock valued at $273 million (2% of total plan assets) and 2.9 million shares valued at $489 million (3% of total plan assets) at October 1, 2022 and October 2, 2021, respectively.
Estimated Future Benefit Payments
The following table presents estimated future benefit payments for the next ten fiscal years:
Pension
Plans
Postretirement
Medical Plans(1)
2023$720$65
202472769
202577173
202681578
202785883
2028 – 20324,874479
(1)Estimated future benefit payments are net of expected Medicare subsidy receipts of $81 million.
Long Term Rates of Return by Asset Class The following long-term rates of return by asset class were considered in setting the long-term rate of return on plan assets assumption:
Equity Securities6 %to10 %
Debt Securities2 %to5 %
Alternative Investments6 %to11 %
One Percentage Point (ppt) Change on Projected Benefit Obligations A one percentage point change in the discount rate and expected long-term rate of return on plan assets would have the following effects on the projected benefit obligations for pension and postretirement medical plans as of October 1, 2022 and on cost for fiscal 2023:
 Discount RateExpected Long-Term
Rate of Return On Assets
Increase (decrease)Benefit
Expense		Projected Benefit ObligationsBenefit
Expense
1 percentage point decrease$242  $2,342  $172  
1 percentage point increase(59) (2,045) (172) 
Contribution into Multiemployer Pension Plans and Health and Welfare Plans
The following table sets forth our contributions to multiemployer pension and health and welfare benefit plans:
202220212020
Pension plans$402$289$221
Health & welfare plans401272217
Total contributions$803$561$438