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Debt (Tables)
12 Months Ended
Sep. 29, 2024
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 29, 2024September 24, 2023
MaturitiesAmount
(in millions)
Effective RateMaturitiesAmount
(in millions)
Effective Rate
May 2015 Notes
2025 - 2045
$3,865 
3.45% - 4.72%
2025 - 2045
$3,865 
3.46% - 4.73%
May 2017 Notes
2027 - 2047
3,500 
3.81% - 4.45%
2024 - 2047
4,414 
3.00% - 4.45%
May 2020 Notes
2030 - 2050
2,000 
2.84% - 3.30%
2030 - 2050
2,000 
3.22% - 3.30%
August 2020 Notes
2028 - 2032
2,207 
2.37% - 3.39%
2028 - 2032
2,207 
2.65% - 3.89%
May 2022 Notes
2032 - 2052
1,500 
3.17% - 4.28%
2032 - 2052
1,500 
3.15% - 4.27%
November 2022 Notes
2033 - 2053
1,900 
3.50% - 5.07%
2033 - 2053
1,900 
3.47% - 5.02%
Total principal14,972 15,886 
Unamortized discount, including debt issuance costs(212)(238)
Hedge accounting adjustments(126)(250)
Total long-term debt$14,634 $15,398 
Reported as:
Short-term debt$1,364 $914 
Long-term debt13,270 14,484 
   Total$14,634 $15,398