Capital Stock

6 Months Ended

Mar. 29, 2026

Equity, Attributable to Parent [Abstract]

Capital Stock

Note 4. Capital Stock

Stock Repurchase Program. On March 17, 2026, we announced a new $20.0 billion stock repurchase program, which was in addition to the then-remaining repurchase authority of $2.1 billion under the previous program announced in November 2024. The stock repurchase programs have no expiration date. At March 29, 2026, $21.9 billion remained authorized for repurchase under our stock repurchase programs.

Shares Outstanding. Shares of common stock outstanding at March 29, 2026 were as follows (in millions):

Balance at September 28, 2025	1,074
Issued	19
Repurchased	(34)
Balance at March 29, 2026	1,059

Dividends. On March 17, 2026, we announced an increase in our quarterly dividend per share of common stock from $0.89 to $0.92, which is effective for dividends payable after March 26, 2026.

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		Six Months Ended
	March 29, 2026	March 30, 2025	March 29, 2026	March 30, 2025
Dilutive common share equivalents included in diluted shares	6	10	7	11
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	18	1	15	1