Property, Plant and Equipment

12 Months Ended

Sep. 30, 2023

Property, Plant and Equipment [Abstract]

Property, Plant and Equipment

Property, Plant and Equipment

The following table shows the Company’s gross property, plant and equipment by major asset class and accumulated depreciation as of September 30, 2023 and September 24, 2022 (in millions):

	2023		2022
Land and buildings	$	23,446	$	22,126
Machinery, equipment and internal-use software	78,314		81,060
Leasehold improvements	12,839		11,271
Gross property, plant and equipment	114,599		114,457
Accumulated depreciation	(70,884)		(72,340)
Total property, plant and equipment, net	$	43,715	$	42,117

Depreciation expense on property, plant and equipment was $8.5 billion, $8.7 billion and $9.5 billion during 2023, 2022 and 2021, respectively.