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

9 Months Ended

Jun. 29, 2024

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.

	June 29, 2024		September 30, 2023
Cash and cash equivalents	$	5,954	$	14,182
Restricted cash included in other assets	95		53
Total cash, cash equivalents and restricted cash in the statement of cash flows	$	6,049	$	14,235

Borrowing Activity

During the nine months ended June 29, 2024, the Company’s borrowing activity was as follows: 

	September 30, 2023		Borrowings		Payments		Other Activity		June 29, 2024
Commercial paper with original maturities less than three months(1)	$	289	$	25	$	—	$	—	$	314
Commercial paper with original maturities greater than three months	1,187		3,717		(2,365)		6		2,545
U.S. dollar denominated notes	43,504		—		(584)		(106)		42,814
Asia Theme Parks borrowings	1,308		—		(13)		52		1,347
Foreign currency denominated debt and other(2)	143		132		(132)		421		564
	$	46,431	$	3,874	$	(3,094)	$	373	$	47,584

(1)Borrowings and reductions of borrowings are reported net.

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

Line of Credit Facilities

At June 29, 2024, 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 February 2025	$	5,250	$	—	$	5,250
Facility expiring March 2027	4,000		—		4,000
Facility expiring March 2029	3,000		—		3,000
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
	June 29, 2024		July 1, 2023		June 29, 2024		July 1, 2023
Interest expense	$	(509)	$	(503)	$	(1,538)	$	(1,472)
Interest and investment income	68		111		337		288
Net periodic pension and postretirement benefit costs (other than service costs)	99		87		302		257
Interest expense, net	$	(342)	$	(305)	$	(899)	$	(927)