Comprehensive Income (Tables)

12 Months Ended

Sep. 26, 2020

Pre-tax Amounts Reclassified from AOCI into the Consolidated Statements of Operations

The following table shows the pre-tax amounts reclassified from AOCI into the Consolidated Statements of Operations, and the associated financial statement line items, for 2020 and 2019 (in millions):


Comprehensive Income Components	Financial Statement Line Items	2020		2019
Unrealized (gains)/losses on derivative instruments:
Foreign exchange contracts	Total net sales	$	(365)	$	(206)
	Total cost of sales	(584)		(482)
	Other income/(expense), net	(604)		784
Interest rate contracts	Other income/(expense), net	8		7
		(1,545)		103
Unrealized (gains)/losses on marketable debt securities	Other income/(expense), net	(82)		31
Total amounts reclassified from AOCI		$	(1,627)	$	134

Changes in AOCI by Component

The following table shows the changes in AOCI by component for 2020 and 2019 (in millions):


	Cumulative Foreign Currency Translation		Unrealized Gains/Losses on Derivative Instruments		Unrealized Gains/Losses on Marketable Debt Securities		Total
Balances as of September 29, 2018	$	(1,055)	$	810	$	(3,209)	$	(3,454)
Other comprehensive income/(loss) before reclassifications	(421)		(949)		4,854		3,484
Amounts reclassified from AOCI	—		103		31		134
Tax effect	13		208		(1,058)		(837)
Other comprehensive income/(loss)	(408)		(638)		3,827		2,781
Cumulative effect of change in accounting principle	—		—		89		89
Balances as of September 28, 2019	(1,463)		172		707		(584)
Other comprehensive income/(loss) before reclassifications	91		115		1,560		1,766
Amounts reclassified from AOCI	—		(1,545)		(82)		(1,627)
Tax effect	(3)		245		(339)		(97)
Other comprehensive income/(loss)	88		(1,185)		1,139		42
Cumulative effect of change in accounting principle (1)	—		136		—		136
Balances as of September 26, 2020	$	(1,375)	$	(877)	$	1,846	$	(406)

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