Fair Value Measurements (Tables)

12 Months Ended

Sep. 29, 2024

Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Abstract]

Fair value hierarchy for assets and liabilities measured at fair value on a recurring basis

The following table presents our fair value hierarchy for assets and liabilities measured at fair value on a recurring basis at September 29, 2024 (in millions):

	Level 1		Level 2		Level 3		Total
Assets:
Cash equivalents	$	3,802	$	446	$	—	$	4,248
Marketable securities:
Corporate bonds and notes	$	—	$	4,634	$	—	$	4,634
Mortgage- and asset-backed securities	—		487		—		487
U.S. Treasury securities and government-related securities	176		32		—		208
Equity securities	122		—		—		122
Total marketable securities	298		5,153		—		5,451
Derivative instruments	—		30		—		30
Other investments (1)	954		—		42		996
Total assets measured at fair value	$	5,054	$	5,629	$	42	$	10,725
Liabilities:
Derivative instruments	$	—	$	138	$	—	$	138
Other liabilities (1)	950		—		—		950
Total liabilities measured at fair value	$	950	$	138	$	—	$	1,088

(1) Other investments and other liabilities included in Level 1 are comprised of our deferred compensation plan assets and liabilities.

Investments Classified by Contractual Maturity Date

The contractual maturities of available-for-sale debt securities were as follows (in millions):

	September 29, 2024
Years to Maturity:
Less than one year	$	1,387
One to five years	3,455
No single maturity date	487
Total	$	5,329