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Fair Value Measurements (Tables)
9 Months Ended
Jun. 29, 2025
Fair Value Measurements [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 June 29, 2025 (in millions):
Level 1Level 2Level 3Total
Assets    
Cash equivalents$2,932 $257 $— $3,189 
Marketable securities:    
Corporate bonds and notes— 2,990 — 2,990 
Mortgage- and asset-backed securities— 813 — 813 
U.S. Treasury securities and government-related securities238 183 — 421 
Equity securities339 — — 339 
Total marketable securities577 3,986 — 4,563 
Derivative instruments— 91 — 91 
Other investments (1)
1,052 — 34 1,086 
Total assets measured at fair value$4,561 $4,334 $34 $8,929 
Liabilities    
Derivative instruments$— $139 $— $139 
Other liabilities (1)
1,049 — — 1,049 
Total liabilities measured at fair value$1,049 $139 $— $1,188 
(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):
June 29,
2025
Years to Maturity
Less than one year$1,066 
One to five years2,342 
Five to ten years
No single maturity date813 
Total$4,224