Annual report pursuant to Section 13 and 15(d)

The Company and Its Significant Accounting Policies (Tables)

v3.5.0.2
The Company and Its Significant Accounting Policies (Tables)
12 Months Ended
Sep. 25, 2016
Accounting Policies [Abstract]  
Cost Method Investments
The carrying values of the Company’s non-marketable equity investments are recorded in other noncurrent assets and were as follows (in millions):
 
September 25, 2016
 
September 27, 2015
Equity method investments
$
324

 
$
163

Cost method investments
531

 
457

 
$
855

 
$
620

Equity Method Investments
The carrying values of the Company’s non-marketable equity investments are recorded in other noncurrent assets and were as follows (in millions):
 
September 25, 2016
 
September 27, 2015
Equity method investments
$
324

 
$
163

Cost method investments
531

 
457

 
$
855

 
$
620

Notional Amounts of Outstanding Derivative Positions
Gross Notional Amounts: The gross notional amounts of the Company’s interest rate, foreign currency and investment portfolio derivatives by instrument type were as follows (in millions):

September 25, 2016
 
September 27, 2015
Forwards
$
108

 
$
269

Futures

 
133

Options
929

 
620

Swaps
3,061

 
3,004

 
$
4,098

 
$
4,026

The gross notional amounts by currency were as follows (in millions):
 
September 25, 2016
 
September 27, 2015
British pound sterling
$

 
$
83

Chinese renminbi
325

 
111

Euro
31

 
36

Indian rupee
433

 
409

Japanese yen
97

 
174

Korean won
85

 
81

United States dollar
3,045

 
3,089

Other
82

 
43

 
$
4,098

 
$
4,026

Share-based compensation expense, related to all share-based awards
Total share-based compensation expense, related to all of the Company’s share-based awards, was comprised as follows (in millions):
 
2016
 
2015
 
2014
Cost of revenues
$
40

 
$
42

 
$
49

Research and development
614

 
659

 
672

Selling, general and administrative
289

 
325

 
338

Share-based compensation expense before income taxes
943

 
1,026

 
1,059

Related income tax benefit
(190
)
 
(190
)
 
(203
)
 
$
753

 
$
836

 
$
856