Capital Stock

3 Months Ended

Dec. 28, 2025

Equity, Attributable to Parent [Abstract]

Capital Stock

Note 4. Capital Stock

Stock Repurchase Program. On November 6, 2024, we announced a $15.0 billion stock repurchase program. The stock repurchase program has no expiration date. At December 28, 2025, $4.6 billion remained authorized for repurchase under our stock repurchase program.

Shares Outstanding. Shares of common stock outstanding at December 28, 2025 were as follows (in millions):

Balance at September 28, 2025	1,074
Issued	15
Repurchased	(15)
Balance at December 28, 2025	1,074

Earnings Per Common Share. Basic earnings per share is computed by dividing net income by the weighted-average number of common shares outstanding during the reporting period. Diluted earnings per share is computed by dividing net income by the combination of the weighted-average number of common shares outstanding and the weighted-average number of dilutive common share equivalents, primarily comprised of shares issuable under our share-based compensation plans, during the reporting period, using the treasury stock method. The following table provides information about the diluted earnings per share calculation (in millions):

	Three Months Ended
	December 28, 2025	December 29, 2024
Dilutive common share equivalents included in diluted shares	9	12
Shares of common stock equivalents not included because the effect would be anti-dilutive or certain performance conditions were not satisfied at the end of the period	11	1