Other Income (Expense), Net

6 Months Ended

Apr. 01, 2023

Other Income and Expenses [Abstract]

Other Income and Other Expense Disclosure [Text Block]

Other Income (Expense), net

Other income (expense), net is as follows:

	Quarter Ended				Six Months Ended
	April 1, 2023		April 2, 2022		April 1, 2023		April 2, 2022
DraftKings gain (loss)	$	149	$	(158)	$	79	$	(590)
Other, net	—		—		28		(4)
Other income (expense), net	$	149	$	(158)	$	107	$	(594)

For the quarter and six months ended April 1, 2023, the Company recognized a non-cash gain of $149 million and $79 million, respectively, to adjust its investment in DraftKings, Inc. (DraftKings) to fair value (DraftKings gain (loss)). For the prior-year quarter and six months ended April 2, 2022, the Company recognized a DraftKings loss of $158 million and $590 million, respectively.