Debt (Tables)

6 Months Ended

Mar. 30, 2019

Debt Disclosure [Abstract]

Summary of Cash Flows Associated with Issuance and Maturities of Commercial Paper

The following table provides a summary of cash flows associated with the issuance and maturities of Commercial Paper for the six months ended March 30, 2019 and March 31, 2018 (in millions):

	Six Months Ended
	March 30, 2019			March 31, 2018
Maturities 90 days or less:
Proceeds from/(Repayments of) commercial paper, net	$	(2,484	)	$	4,070
Maturities greater than 90 days:
Proceeds from commercial paper	10,235			5,550
Repayments of commercial paper	(7,787		)	(9,619		)
Proceeds from/(Repayments of) commercial paper, net	2,448			(4,069		)
Total proceeds from/(repayments of) commercial paper, net	$	(36	)	$	1

Summary of Term Debt

The following table provides a summary of the Company’s term debt as of March 30, 2019 and September 29, 2018:

	Maturities (calendar year)			March 30, 2019								September 29, 2018
				Amount (in millions)			Effective Interest Rate					Amount (in millions)			Effective Interest Rate
2013 debt issuance of $17.0 billion:
Fixed-rate 2.400% – 3.850% notes	2023	–	2043	$	8,500			2.44%	–	3.91	%	$	8,500			2.44%	–	3.91	%
2014 debt issuance of $12.0 billion:
Floating-rate notes			2019	1,000						3.03	%	1,000						2.64	%
Fixed-rate 2.100% – 4.450% notes	2019	–	2044	8,500				3.03%	–	4.48	%	8,500				2.64%	–	4.48	%
2015 debt issuances of $27.3 billion:
Floating-rate notes	2019	–	2020	1,497				1.87%	–	2.99	%	1,507				1.87%	–	2.64	%
Fixed-rate 0.350% – 4.375% notes	2019	–	2045	24,178				0.28%	–	4.51	%	24,410				0.28%	–	4.51	%
2016 debt issuances of $24.9 billion:
Floating-rate notes	2019	–	2021	850				2.88%	–	3.78	%	1,350				2.48%	–	3.44	%
Fixed-rate 1.100% – 4.650% notes	2019	–	2046	22,038				1.13%	–	4.78	%	23,059				1.13%	–	4.78	%
2017 debt issuances of $28.7 billion:
Floating-rate notes	2020	–	2022	2,750				2.77%	–	3.20	%	3,250				2.41%	–	2.84	%
Fixed-rate 0.875% – 4.300% notes	2019	–	2047	24,929				1.54%	–	4.30	%	25,617				1.54%	–	4.30	%
2018 debt issuance of $7.0 billion:
Fixed-rate 1.800% – 3.750% notes	2019	–	2047	7,000				1.83%	–	3.80	%	7,000				1.83%	–	3.80	%
Total term debt				101,242								104,193
Unamortized premium/(discount) and issuance costs, net				(202		)						(218		)
Hedge accounting fair value adjustments				(334		)						(1,456		)
Less: Current portion of term debt				(10,505		)						(8,784		)
Total non-current portion of term debt				$	90,201							$	93,735