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Debt (Tables)
 3 Months Ended
Dec. 31, 2016
Debt Disclosure [Abstract]  
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 31, 2016 and December 26, 2015 (in millions):
 
Three Months Ended
 
December 31,
2016
 
December 26,
2015
Maturities less than 90 days:
 
 
 
Proceeds from/(Repayments of) commercial paper, net
$
1,550

 
$
(393
)
 
 
 
 
Maturities greater than 90 days:
 
 
 
Proceeds from commercial paper
2,544

 
492

Repayments of commercial paper
(1,709
)
 
(1,339
)
Proceeds from/(Repayments of) commercial paper, net
835

 
(847
)
 
 
 
 
Total change in commercial paper, net
$
2,385

 
$
(1,240
)
Summary of Term Debt
The following table provides a summary of the Company’s term debt as of December 31, 2016 and September 24, 2016:
 
Maturities
 
December 31, 2016
 
September 24, 2016
 
Amount
(in millions)
 
Effective
Interest Rate
 
Amount
(in millions)
 
Effective
Interest Rate
2013 debt issuance of $17.0 billion:
 
 
 
 
 
 
 
 
 
Floating-rate notes
2018
 
$
2,000

 
1.10%
 
$
2,000

 
1.10%
Fixed-rate 1.000% - 3.850% notes
2018 - 2043
 
12,500

 
1.08% - 3.91%
 
12,500

 
1.08% - 3.91%
 
 
 
 
 
 
 
 
 
 
2014 debt issuance of $12.0 billion:
 
 
 
 
 
 
 
 
 
Floating-rate notes
2017 - 2019
 
2,000

 
0.95% - 1.18%
 
2,000

 
0.86% - 1.09%
Fixed-rate 1.050% - 4.450% notes
2017 - 2044
 
10,000

 
0.95% - 4.48%
 
10,000

 
0.85% - 4.48%
 
 
 
 
 
 
 
 
 
 
2015 debt issuances of $27.3 billion:
 
 
 
 
 
 
 
 
 
Floating-rate notes
2017 - 2020
 
1,753

 
0.95% - 1.87%
 
1,781

 
0.87% - 1.87%
Fixed-rate 0.350% - 4.375% notes
2017 - 2045
 
24,225

 
0.28% - 4.51%
 
25,144

 
0.28% - 4.51%
 
 
 
 
 
 
 
 
 
 
2016 debt issuances of $24.9 billion:
 
 
 
 
 
 
 
 
 
Floating-rate notes
2019 - 2021
 
1,350

 
1.02% - 2.05%
 
1,350

 
0.91% - 1.95%
Fixed-rate 1.100% - 4.650% notes
2018 - 2046
 
23,550

 
1.13% - 4.78%
 
23,609

 
1.13% - 4.58%
Total term debt
 
 
77,378

 
 
 
78,384

 
 
 
 
 
 
 
 
 
 
 
 
Unamortized premium/(discount) and issuance costs, net
 
 
(166
)
 
 
 
(174
)
 
 
Hedge accounting fair value adjustments
 
 
(156
)
 
 
 
717

 
 
Less: Current portion of long-term debt
 
 
(3,499
)
 
 
 
(3,500
)
 
 
Total long-term debt
 
 
$
73,557

 
 
 
$
75,427