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Comprehensive Income
 12 Months Ended
Sep. 24, 2016
Equity [Abstract]  
Comprehensive Income
Comprehensive Income
Comprehensive income consists of two components, net income and OCI. OCI refers to revenue, expenses, and gains and losses that under GAAP are recorded as an element of shareholders’ equity but are excluded from net 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 cash flow hedges and unrealized gains and losses on marketable securities classified as available-for-sale.
The following table shows the pre-tax amounts reclassified from AOCI into the Consolidated Statements of Operations, and the associated financial statement line item, for 2016 and 2015 (in millions):
Comprehensive Income Components
 
Financial Statement Line Item
 
2016
 
2015
Unrealized (gains)/losses on derivative instruments:
 
 
 
 
 
 
Foreign exchange contracts
 
Revenue
 
$
(865
)
 
$
(2,432
)
 
 
Cost of sales
 
(130
)
 
(2,168
)
 
 
Other income/(expense), net            
 
111

 
456

Interest rate contracts
 
Other income/(expense), net
 
12

 
17

 
 
 
 
(872
)
 
(4,127
)
Unrealized (gains)/losses on marketable securities
 
Other income/(expense), net
 
87

 
91

Total amounts reclassified from AOCI
 
 
 
$
(785
)
 
$
(4,036
)

The following table shows the changes in AOCI by component for 2016 and 2015 (in millions):
 
Cumulative Foreign
Currency Translation
 
Unrealized Gains/Losses
on Derivative Instruments
 
Unrealized Gains/Losses
on Marketable Securities
 
Total        
Balance at September 27, 2014
$
(242
)
 
$
1,364

 
$
(40
)
 
$
1,082

Other comprehensive income/(loss) before reclassifications
(612
)
 
3,346

 
(747
)
 
1,987

Amounts reclassified from AOCI
—

 
(4,127
)
 
91

 
(4,036
)
Tax effect
201

 
189

 
232

 
622

Other comprehensive income/(loss)
(411
)

(592
)

(424
)

(1,427
)
Balance at September 26, 2015
(653
)
 
772

 
(464
)
 
(345
)
Other comprehensive income/(loss) before reclassifications
67

 
14

 
2,445

 
2,526

Amounts reclassified from AOCI
—

 
(872
)
 
87

 
(785
)
Tax effect
8

 
124

 
(894
)
 
(762
)
Other comprehensive income/(loss)
75


(734
)

1,638


979

Balance at September 24, 2016
$
(578
)

$
38


$
1,174


$
634