Marketable Securities (Notes)

9 Months Ended

Jun. 28, 2020

Investments, Debt and Equity Securities [Abstract]

Marketable Securities

Note 9. Marketable Securities

We classify marketable securities as current or noncurrent based on the nature of the securities and their availability for use in current operations. Our marketable securities were comprised as follows (in millions):

	Current				Noncurrent (1)
	June 28, 2020		September 29, 2019		June 28, 2020		September 29, 2019
Available-for-sale debt securities:
U.S. Treasury securities and government-related securities	$	6	$	—	$	—	$	—
Corporate bonds and notes	4,005		4		—		—
Mortgage- and asset-backed and auction rate securities	84		—		34		35
Total available-for-sale debt securities	4,095		4		34		35
Equity securities	355		417		—		1
Time deposit (2)	30		—		—		—
Total marketable securities	$	4,480	$	421	$	34	$	36

(1) Noncurrent marketable securities were included in other assets.

(2) At June 28, 2020, marketable securities also included a time deposit with an original maturity of greater than 90 days.

The contractual maturities of available-for-sale debt securities were as follows (in millions):

	June 28, 2020
Years to Maturity
Less than one year	$	2,730
One to five years	1,281
No single maturity date	118
Total	$	4,129

Debt securities with no single maturity date included mortgage- and asset-backed securities and auction rate securities.