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Selected Quarterly Financial Information (Unaudited) (Tables)
 12 Months Ended
Sep. 24, 2016
Quarterly Financial Information Disclosure [Abstract]  
Summary of Quarterly Financial Information
The following tables show a summary of the Company’s quarterly financial information for each of the four quarters of 2016 and 2015 (in millions, except per share amounts):
 
Fourth Quarter 
 
Third Quarter  
 
Second Quarter
 
First Quarter   
2016:
 
 
 
 
 
 
 
Net sales
$
46,852

 
$
42,358

 
$
50,557

 
$
75,872

Gross margin
$
17,813

 
$
16,106

 
$
19,921

 
$
30,423

Net income
$
9,014

 
$
7,796

 
$
10,516

 
$
18,361

 
 
 
 
 
 
 
 
Earnings per share (1):
 
 
 
 
 
 
 
Basic
$
1.68

 
$
1.43

 
$
1.91

 
$
3.30

Diluted
$
1.67

 
$
1.42

 
$
1.90

 
$
3.28

 
Fourth Quarter 
 
Third Quarter  
 
Second Quarter
 
First Quarter   
2015:
 
 
 
 
 
 
 
Net sales
$
51,501

 
$
49,605

 
$
58,010

 
$
74,599

Gross margin
$
20,548

 
$
19,681

 
$
23,656

 
$
29,741

Net income
$
11,124

 
$
10,677

 
$
13,569

 
$
18,024

 
 
 
 
 
 
 
 
Earnings per share (1):
 
 
 
 
 
 
 
Basic
$
1.97

 
$
1.86

 
$
2.34

 
$
3.08

Diluted
$
1.96

 
$
1.85

 
$
2.33

 
$
3.06

 
(1)
Basic and diluted earnings per share are computed independently for each of the quarters presented. Therefore, the sum of quarterly basic and diluted per share information may not equal annual basic and diluted earnings per share.