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Debt (Tables)
12 Months Ended
Sep. 24, 2023
Debt Disclosure [Abstract]  
Long-term debt
The following table provides a summary of our long-term debt and current portion of long-term debt:
September 24, 2023September 25, 2022
MaturitiesAmount
(in millions)
Effective RateMaturitiesAmount
(in millions)
Effective Rate
May 2015 Notes
2025 - 2045
$3,865 
3.46% - 4.73%
2025 - 2045
$3,865 
3.46% - 4.73%
May 2017 Notes
2024 - 2047
4,414 
3.00% - 4.45%
2023 - 2047
5,860 
2.68% - 4.46%
May 2020 Notes
2030 - 2050
2,000 
3.22% - 3.30%
2030 - 2050
2,000 
2.97% - 3.30%
August 2020 Notes
2028 - 2032
2,207 
2.65% - 3.89%
2028 - 2032
2,207 
2.50% - 3.52%
May 2022 Notes
2032 - 2052
1,500 
3.15% - 4.27%
2032 - 2052
1,500 
3.13% - 4.26%
November 2022 Notes
2033 - 2053
1,900 
3.47% - 5.02%
— 
Total principal15,886 15,432 
Unamortized discount, including debt issuance costs(238)(241)
Hedge accounting adjustments(250)(208)
Total long-term debt$15,398 $14,983 
Reported as:
Short-term debt$914 $1,446 
Long-term debt14,484 13,537 
   Total$15,398 $14,983