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Comprehensive Income
 12 Months Ended
Sep. 29, 2018
Equity [Abstract]  
Comprehensive Income
Comprehensive Income
The Company’s OCI consists of foreign currency translation adjustments from those subsidiaries not using the U.S. dollar as their functional currency, net deferred gains and losses on certain derivative instruments accounted for as cash flow hedges and unrealized gains and losses on marketable securities classified as available-for-sale.
The following table shows the pre-tax amounts reclassified from AOCI into the Consolidated Statements of Operations, and the associated financial statement line item, for 2018 and 2017 (in millions):
Comprehensive Income Components
 
Financial Statement Line Item
 
2018
 
2017
Unrealized (gains)/losses on derivative instruments:
 
 
 
 
 
 
Foreign exchange contracts
 
Net sales
 
$
214

 
$
(662
)
 
 
Cost of sales
 
(70
)
 
(654
)
 
 
Other income/(expense), net
 
344

 
(638
)
Interest rate contracts
 
Other income/(expense), net
 
(2
)
 
2

 
 
 
 
486

 
(1,952
)
Unrealized (gains)/losses on marketable securities
 
Other income/(expense), net
 
(20
)
 
(99
)
Total amounts reclassified from AOCI
 
 
 
$
466

 
$
(2,051
)

The following table shows the changes in AOCI by component for 2018 and 2017 (in millions):
 
Cumulative Foreign
Currency Translation
 
Unrealized Gains/Losses
on Derivative Instruments
 
Unrealized Gains/Losses
on Marketable Securities
 
Total
Balances as of September 24, 2016
$
(578
)
 
$
38

 
$
1,174

 
$
634

Other comprehensive income/(loss) before reclassifications
301

 
1,793

 
(1,207
)
 
887

Amounts reclassified from AOCI
—

 
(1,952
)
 
(99
)
 
(2,051
)
Tax effect
(77
)
 
(3
)
 
460

 
380

Other comprehensive income/(loss)
224


(162
)

(846
)

(784
)
Balances as of September 30, 2017
(354
)
 
(124
)
 
328

 
(150
)
Other comprehensive income/(loss) before reclassifications
(524
)
 
672

 
(4,563
)
 
(4,415
)
Amounts reclassified from AOCI
—

 
486

 
(20
)
 
466

Tax effect
(1
)
 
(253
)
 
1,177

 
923

Other comprehensive income/(loss)
(525
)

905


(3,406
)

(3,026
)
Cumulative effect of change in accounting principle (1)
(176
)
 
29

 
(131
)
 
(278
)
Balances as of September 29, 2018
$
(1,055
)

$
810


$
(3,209
)

$
(3,454
)

(1)
Refer to Note 4, “Income Taxes” for more information on the Company’s adoption of ASU 2018-02 in 2018.