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Comprehensive Income
 6 Months Ended
Mar. 28, 2020
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 hedges, and unrealized gains and losses on marketable debt securities classified as available-for-sale.
The following table shows the pre-tax amounts reclassified from AOCI into the Condensed Consolidated Statements of Operations, and the associated financial statement line items, for the three- and six-month periods ended March 28, 2020 and March 30, 2019 (in millions):
 
 
 
 
Three Months Ended
 
Six Months Ended
Comprehensive Income Components
 
Financial Statement Line Items
 
March 28,
2020
 
March 30,
2019
 
March 28,
2020
 
March 30,
2019
Unrealized (gains)/losses on derivative instruments:
 
 
 
 
 
 
 
 
 
 
Foreign exchange contracts
 
Total net sales
 
$
34

 
$
(97
)
 
$
(63
)
 
$
(34
)
 
 
Total cost of sales
 
12

 
(76
)
 
(159
)
 
(451
)
 
 
Other income/(expense), net
 
771

 
52

 
548

 
448

Interest rate contracts
 
Other income/(expense), net
 
1

 
2

 
3

 
3

 
 
 
 
818

 
(119
)
 
329

 
(34
)
Unrealized (gains)/losses on marketable debt securities
 
Other income/(expense), net
 
37

 
36

 
24

 
83

Total amounts reclassified from AOCI
 
$
855

 
$
(83
)
 
$
353

 
$
49


The following table shows the changes in AOCI by component for the six months ended March 28, 2020 (in millions):
 
Cumulative Foreign
Currency Translation
 
Unrealized Gains/Losses
on Derivative Instruments
 
Unrealized Gains/Losses
on Marketable Debt Securities
 
Total
Balances as of September 28, 2019
$
(1,463
)
 
$
172

 
$
707

 
$
(584
)
Other comprehensive income/(loss) before reclassifications
(356
)
 
(151
)
 
(2,860
)
 
(3,367
)
Amounts reclassified from AOCI
—

 
329

 
24

 
353

Tax effect
(8
)
 
26

 
655

 
673

Other comprehensive income/(loss)
(364
)
 
204

 
(2,181
)
 
(2,341
)
Cumulative effect of change in accounting principle (1)
—

 
136

 
—

 
136

Balances as of March 28, 2020
$
(1,827
)
 
$
512

 
$
(1,474
)
 
$
(2,789
)

(1)
Refer to Note 1, “Summary of Significant Accounting Policies” for more information on the Company’s adoption of ASU 2017-12 at the beginning of the first quarter of 2020.