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Debt (Tables)
 12 Months Ended
Sep. 27, 2025
Debt Disclosure [Abstract]  
Summary of Cash Flows Associated with Commercial Paper The following table provides a summary of cash flows associated with commercial paper for 2025, 2024 and 2023 (in millions):
202520242023
Maturities 90 days or less:
Proceeds from/(Repayments of) commercial paper, net$(5,820)$3,960 $(1,333)
Maturities greater than 90 days:
Proceeds from commercial paper5,836 — — 
Repayments of commercial paper(2,048)— (2,645)
Proceeds from/(Repayments of) commercial paper, net3,788 — (2,645)
Total proceeds from/(repayments of) commercial paper, net$(2,032)$3,960 $(3,978)
Summary of Term Debt The following table provides a summary of the Company’s term debt as of September 27, 2025 and September 28, 2024:
Maturities
(calendar year)
20252024
Amount
(in millions)
Effective
Interest Rate
Amount
(in millions)
Effective
Interest Rate
2013 – 2023 debt issuances:
Fixed-rate 0.000% – 4.850% notes
2025 – 2062
$86,781 
0.03% – 5.75%
$97,341 
0.03% – 6.65%
2025 debt issuance:
Fixed-rate 4.000% – 4.750% notes
2028 – 2035
4,500 
4.07% – 4.83%
— 
Total term debt principal
91,281 97,341 
Unamortized premium/(discount) and issuance costs, net(309)(321)
Hedge accounting fair value adjustments(294)(358)
Total term debt
90,678 96,662 
Less: Current portion of term debt(12,350)(10,912)
Total non-current portion of term debt$78,328 $85,750 
Future Principal Payments for Notes
The future principal payments for the Company’s Notes as of September 27, 2025, are as follows (in millions):
2026$12,393 
202710,078 
20289,300 
20295,235 
20304,972 
Thereafter49,303 
Total term debt principal$91,281