Fair Value Measurements (Tables)

3 Months Ended

Dec. 29, 2013

Notes to Financial Statements [Abstract]

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

December 29, 2013 (in millions):



	Level 1		Level 2		Level 3		Total
Assets
Cash equivalents	$	4,502	$	3,174	$	—	$	7,676
Marketable securities
U.S. Treasury securities and government-related securities	790		561		—		1,351
Corporate bonds and notes	—		12,227		—		12,227
Mortgage- and asset-backed securities	—		921		246		1,167
Auction rate securities	—		—		83		83
Common and preferred stock	1,672		857		—		2,529
Equity funds	792		—		—		792
Debt funds	1,581		3,588		—		5,169
Total marketable securities	4,835		18,154		329		23,318
Derivative instruments	1		38		—		39
Other investments	270		—		—		270
Total assets measured at fair value	$	9,608	$	21,366	$	329	$	31,303
Liabilities
Derivative instruments	$	—	$	3	$	—	$	3
Other liabilities	270		—		—		270
Total liabilities measured at fair value	$	270	$	3	$	—	$	273

Activity for marketable securities classified within Level 3 of the valuation hierarchy



	Three Months Ended December 29, 2013					Three Months Ended December 30, 2012
	Auction Rate Securities		Other Marketable Securities			Auction Rate Securities			Other Marketable Securities
Beginning balance of Level 3	$	83	$	239		$	118		$	203
Total realized and unrealized gains or losses:
Included in investment income, net	—		2			—			2
Included in other comprehensive income	—		(1		)	1			2
Purchases	—		23			—			41
Sales	—		(9		)	—			(1		)
Settlements	—		(8		)	(34		)	(19		)
Transfers into Level 3	—		—			—			14
Ending balance of Level 3	$	83	$	246		$	85		$	242

Activity for other liabilities classified within Level 3 of the valuation hierarchy



	Three Months Ended December 29, 2013					Three Months Ended December 30, 2012
	Auction Rate Securities		Other Marketable Securities			Auction Rate Securities			Other Marketable Securities
Beginning balance of Level 3	$	83	$	239		$	118		$	203
Total realized and unrealized gains or losses:
Included in investment income, net	—		2			—			2
Included in other comprehensive income	—		(1		)	1			2
Purchases	—		23			—			41
Sales	—		(9		)	—			(1		)
Settlements	—		(8		)	(34		)	(19		)
Transfers into Level 3	—		—			—			14
Ending balance of Level 3	$	83	$	246		$	85		$	242

- Definition

Tabular disclosure of the fair value measurement of assets using significant unobservable inputs (Level 3), a reconciliation of the beginning and ending balances, separately presenting changes during the period attributable to the following: (1) total gains or losses for the period (realized and unrealized), segregating those gains or losses included in earnings (or changes in net assets) and gains or losses recognized in other comprehensive income (loss), and a description of where those gains or losses included in earnings (or changes in net assets) are reported in the statement of income (or activities); (2) purchases, sales, issues, and settlements (each type disclosed separately); and (3) transfers in and transfers out of Level 3 (for example, transfers due to changes in the observability of significant inputs), by class of asset.

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- Definition

Tabular disclosure of the fair value measurement of liabilities using significant unobservable inputs (Level 3), a reconciliation of the beginning and ending balances, separately presenting changes attributable to the following: (1) total gains or losses for the period (realized and unrealized), segregating those gains or losses included in earnings (or changes in net assets), and gains or losses recognized in other comprehensive income (loss) and a description of where those gains or losses included in earnings (or changes in net assets) are reported in the statement of income (or activities); (2) purchases, sales, issues, and settlements (each type disclosed separately); and (3) transfers in and transfers out of Level 3 (for example, transfers due to changes in the observability of significant inputs) by class of liability.

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