Debt (Tables)

3 Months Ended

Dec. 26, 2015

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 three months ended December 26, 2015 and December 27, 2014 (in millions):

	Three Months Ended
	December 26, 2015			December 27, 2014
Maturities less than 90 days:
Proceeds from (repayments of) commercial paper, net	$	(393	)	$	62
Maturities greater than 90 days:
Proceeds from commercial paper		492			197
Repayments of commercial paper		(1,339	)		(2,668	)
Proceeds from (repayments of) commercial paper, net		(847	)		(2,471	)
Total change in commercial paper, net	$	(1,240	)	$	(2,409	)

Summary of Term Debt

The following table provides a summary of the Company’s term debt as of December 26, 2015 and September 26, 2015:

	Maturities		December, 26, 2015					September 26, 2015
			Amount (in millions)			Effective Interest Rate		Amount (in millions)			Effective Interest Rate
2013 debt issuance of $17.0 billion:
Floating-rate notes		2016 - 2018	$	3,000			0.51% - 1.10%	$	3,000			0.51% - 1.10%
Fixed-rate 0.45% - 3.85% notes		2016 - 2043		14,000			0.51% - 3.91%		14,000			0.51% - 3.91%
2014 debt issuance of $12.0 billion:
Floating-rate notes		2017 - 2019		2,000			0.41% - 0.64%		2,000			0.37% - 0.60%
Fixed-rate 1.05% - 4.45% notes		2017 - 2044		10,000			0.40% - 4.48%		10,000			0.37% - 4.48%
2015 debt issuances of $27.3 billion:
Floating-rate notes		2017 - 2020		1,755			0.41% - 1.87%		1,743			0.36% - 1.87%
Fixed-rate 0.35% - 4.375% notes		2017 - 2045		24,793			0.28% - 4.51%		24,958			0.28% - 4.51%
Total term debt				55,548					55,701
Unamortized discount				(109	)				(114	)
Hedge accounting fair value adjustments				265					376
Less: Current portion of long-term debt				(2,500	)				(2,500	)
Total long-term debt			$	53,204				$	53,463