| Cash, Cash Equivalents and Marketable Securities by Significant Investment Category |
The following tables show the Company’s cash, cash equivalents and marketable securities by significant investment category as of March 28, 2026 and September 27, 2025 (in millions): | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | March 28, 2026 | | Adjusted
Cost | | Unrealized
Gains | | Unrealized
Losses | | Fair
Value | | Cash and
Cash
Equivalents | | Current
Marketable
Securities | | Non-Current
Marketable
Securities | | Cash | $ | 29,740 | | | $ | — | | | $ | — | | | $ | 29,740 | | | $ | 29,740 | | | $ | — | | | $ | — | | Level 1: | | | | | | | | | | | | | | | Money market funds | 6,588 | | | — | | | — | | | 6,588 | | | 6,588 | | | — | | | — | | Mutual funds | 821 | | | 128 | | | (14) | | | 935 | | | — | | | 935 | | | — | | | Subtotal | 7,409 | | | 128 | | | (14) | | | 7,523 | | | 6,588 | | | 935 | | | — | | Level 2 (1): | | | | | | | | | | | | | | | U.S. Treasury securities | 18,650 | | | 14 | | | (254) | | | 18,410 | | | 2,935 | | | 4,174 | | | 11,301 | | | U.S. agency securities | 7,483 | | | — | | | (112) | | | 7,371 | | | 2,923 | | | 2,470 | | | 1,978 | | | Non-U.S. government securities | 5,906 | | | 45 | | | (493) | | | 5,458 | | | — | | | 576 | | | 4,882 | | | Certificates of deposit and time deposits | 3,263 | | | — | | | — | | | 3,263 | | | 2,987 | | | 276 | | | — | | | Commercial paper | 3,628 | | | — | | | — | | | 3,628 | | | 399 | | | 3,229 | | | — | | | Corporate debt securities | 48,111 | | | 83 | | | (982) | | | 47,212 | | | — | | | 11,042 | | | 36,170 | | | Municipal securities | 122 | | | — | | | (1) | | | 121 | | | — | | | 95 | | | 26 | | | Mortgage- and asset-backed securities | 25,106 | | | 64 | | | (1,301) | | | 23,869 | | | — | | | 138 | | | 23,731 | | | Subtotal | 112,269 | | | 206 | | | (3,143) | | | 109,332 | | | 9,244 | | | 22,000 | | | 78,088 | | Total | $ | 149,418 | | | $ | 334 | | | $ | (3,157) | | | $ | 146,595 | | | $ | 45,572 | | | $ | 22,935 | | | $ | 78,088 | | | | | | | | | | | | | | | |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | September 27, 2025 | | Adjusted
Cost | | Unrealized
Gains | | Unrealized
Losses | | Fair
Value | | Cash and
Cash
Equivalents | | Current
Marketable
Securities | | Non-Current
Marketable
Securities | | Cash | $ | 28,267 | | | $ | — | | | $ | — | | | $ | 28,267 | | | $ | 28,267 | | | $ | — | | | $ | — | | Level 1: | | | | | | | | | | | | | | | Money market funds | 5,272 | | | — | | | — | | | 5,272 | | | 5,272 | | | — | | | — | | Mutual funds | 679 | | | 177 | | | (2) | | | 854 | | | — | | | 854 | | | — | | | Subtotal | 5,951 | | | 177 | | | (2) | | | 6,126 | | | 5,272 | | | 854 | | | — | | Level 2 (1): | | | | | | | | | | | | | | | U.S. Treasury securities | 16,074 | | | 56 | | | (282) | | | 15,848 | | | 1,190 | | | 3,712 | | | 10,946 | | | U.S. agency securities | 5,269 | | | — | | | (149) | | | 5,120 | | | 251 | | | 2,456 | | | 2,413 | | | Non-U.S. government securities | 6,586 | | | 111 | | | (424) | | | 6,273 | | | — | | | 855 | | | 5,418 | | | Certificates of deposit and time deposits | 917 | | | — | | | — | | | 917 | | | 904 | | | — | | | 13 | | | Commercial paper | 100 | | | — | | | — | | | 100 | | | 50 | | | 50 | | | — | | | Corporate debt securities | 47,210 | | | 266 | | | (916) | | | 46,560 | | | — | | | 10,623 | | | 35,937 | | | Municipal securities | 207 | | | — | | | (2) | | | 205 | | | — | | | 119 | | | 86 | | | Mortgage- and asset-backed securities | 24,130 | | | 126 | | | (1,252) | | | 23,004 | | | — | | | 94 | | | 22,910 | | | Subtotal | 100,493 | | | 559 | | | (3,025) | | | 98,027 | | | 2,395 | | | 17,909 | | | 77,723 | | Total | $ | 134,711 | | | $ | 736 | | | $ | (3,027) | | | $ | 132,420 | | | $ | 35,934 | | | $ | 18,763 | | | $ | 77,723 | |
(1)The valuation techniques used to measure the fair values of the Company’s Level 2 financial instruments, which generally have counterparties with high credit ratings, are based on quoted market prices or model-driven valuations using significant inputs derived from or corroborated by observable market data.
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