Quarterly report pursuant to Section 13 or 15(d)

Fair Value Measurements

v3.22.4
Fair Value Measurements
 3 Months Ended
Dec. 25, 2022
Fair Value Measurements [Abstract]  
Fair Value Measurements Fair Value Measurements
The following table presents our fair value hierarchy for assets and liabilities measured at fair value on a recurring basis at December 25, 2022 (in millions):
Level 1 Level 2 Level 3 Total
Assets        
Cash equivalents $ 2,255  $ 754  $ —  $ 3,009 
Marketable securities:        
Corporate bonds and notes —  3,185  —  3,185 
Equity securities 139  —  —  139 
Mortgage- and asset-backed securities —  90  —  90 
U.S. Treasury securities and government-related securities —  16  —  16 
Total marketable securities 139  3,291  —  3,430 
Derivative instruments —  39  —  39 
Other investments 697  —  22  719 
Total assets measured at fair value $ 3,091  $ 4,084  $ 22  $ 7,197 
Liabilities        
Derivative instruments $ —  $ 289  $ —  $ 289 
Other liabilities 697  —  —  697 
Total liabilities measured at fair value $ 697  $ 289  $ —  $ 986