v3.25.3
Fair Value Measurements (Tables)
 12 Months Ended
Sep. 28, 2025
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Abstract]  
Fair value hierarchy for assets and liabilities measured at fair value on a recurring basis
The following table presents our fair value hierarchy for assets and liabilities measured at fair value on a recurring basis at September 28, 2025 (in millions):
Level 1Level 2Total
Assets:   
Cash equivalents$2,890 $437 $3,327 
Marketable securities:   
Corporate bonds and notes$— $3,309 $3,309 
Mortgage- and asset-backed securities— 802 802 
U.S. Treasury securities and government-related securities110 62 172 
Equity securities 352 — 352 
Total marketable securities462 4,173 4,635 
Derivative instruments— 59 59 
Other investments (1)
1,099 — 1,099 
Total assets measured at fair value$4,451 $4,669 $9,120 
Liabilities:   
Derivative instruments$— $163 $163 
Other liabilities (1)
1,095 — 1,095 
Total liabilities measured at fair value$1,095 $163 $1,258 
(1) Other investments and other liabilities included in Level 1 are comprised of our deferred compensation plan assets and liabilities.
Investments Classified by Contractual Maturity Date
The contractual maturities of available-for-sale debt securities were as follows (in millions):
September 28,
2025
Years to Maturity:
Less than one year$1,041 
One to five years2,431 
Five to ten years9 
No single maturity date802 
Total$4,283