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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Millions, $ in Millions
12 Months Ended
Sep. 28, 2025
Sep. 29, 2024
Sep. 24, 2023
Revenues:      
Equipment and services $ 37,869 $ 32,791 $ 30,028
Licensing 6,415 6,171 5,792
Total revenues 44,284 38,962 35,820
Costs and expenses:      
Cost of revenues 19,738 17,060 15,869
Research and development 9,042 8,893 8,818
Selling, general and administrative 3,110 2,759 2,483
Other (Note 2) 39 179 862
Total costs and expenses 31,929 28,891 28,032
Operating income 12,355 10,071 7,788
Interest expense (664) (697) (694)
Investment and other income, net 972 962 349
Income from continuing operations before income taxes 12,663 10,336 7,443
Income tax expense (7,122) (226) (104)
Income from continuing operations 5,541 10,110 7,339
Discontinued operations, net of income taxes 0 32 (107)
Net income $ 5,541 $ 10,142 $ 7,232
Basic earnings per share, Continuing operations $ 5.05 $ 9.06 $ 6.57
Basic earnings per share, Discontinued operations 0 0.03 (0.10)
Earnings Per Share, Basic, Total 5.05 9.09 6.47
Diluted earnings per share, Continuing operations 5.01 8.94 6.52
Diluted earnings per share, Discontinued operations 0 0.03 (0.10)
Earnings Per Share, Diluted, Total $ 5.01 $ 8.97 $ 6.42
Shares used in per share calculations:      
Basic 1,096 1,116 1,117
Diluted 1,105 1,130 1,126