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

9 Months Ended

Jul. 01, 2023

Reconciliation of Cash, Cash Equivalents and Restricted Cash

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 1, 2023		October 1, 2022
Cash and cash equivalents	$	11,458	$	11,615
Restricted cash included in:
Other current assets	3		3
Other assets	52		43
Total cash, cash equivalents and restricted cash in the statement of cash flows	$	11,513	$	11,661

Borrowing Activity

During the nine months ended July 1, 2023, the Company’s borrowing activity was as follows: 

	October 1, 2022		Borrowings		Payments		Other Activity		July 1, 2023
Commercial paper with original maturities less than three months	$	50	$	1,020	$	—	$	3	$	1,073
Commercial paper with original maturities greater than three months	1,612		2,519		(3,499)		—		632
U.S. dollar denominated notes(1)	45,091		—		(1,242)		(104)		43,745
Asia Theme Parks borrowings	1,425		70		(77)		18		1,436
Foreign currency denominated debt and other(2)	191		—		—		112		303
	$	48,369	$	3,609	$	(4,818)	$	29	$	47,189

(1)The other activity is primarily due to the amortization of purchase accounting adjustments and debt issuance fees.

(2)The other activity is primarily due to market value adjustments for debt with qualifying hedges.

Line of Credit Facilities

At July 1, 2023, 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 2024	$	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 Operations and consist of the following:

	Quarter Ended				Nine Months Ended
	July 1, 2023		July 2, 2022		July 1, 2023		July 2, 2022
Interest expense	$	(503)	$	(380)	$	(1,472)	$	(1,115)
Interest and investment income	111		7		288		44
Net periodic pension and postretirement benefit costs (other than service costs)	87		13		257		45
Interest expense, net	$	(305)	$	(360)	$	(927)	$	(1,026)