Quarterly report pursuant to Section 13 or 15(d)

Marketable Securities (Tables)

v3.8.0.1
Marketable Securities (Tables)
 3 Months Ended
Dec. 24, 2017
Marketable Securities [Abstract]  
Composition of marketable securities
Marketable securities were comprised as follows (in millions):
 
Current
 
Noncurrent
 
December 24,
2017
 
September 24,
2017
 
December 24,
2017
 
September 24,
2017
Available-for-sale:
 
 
 
 
 
 
 
U.S. Treasury securities and government-related securities
$
14

 
$
23

 
$
4,409

 
$
959

Corporate bonds and notes
1,775

 
2,014

 
—

 
271

Mortgage- and asset-backed and auction rate securities
95

 
93

 
38

 
40

Equity and preferred securities and equity funds
42

 
36

 
—

 
—

Debt funds
112

 
109

 
—

 
—

Total available-for-sale
2,038

 
2,275

 
4,447

 
1,270

Time deposits
3

 
4

 
—

 
—

Total marketable securities
$
2,041

 
$
2,279

 
$
4,447

 
$
1,270

Contractual maturities of available-for-sale debt securities
The contractual maturities of available-for-sale debt securities were as follows (in millions):
 
December 24,
2017
Years to Maturity
 
Less than one year
$
5,151

One to five years
1,047

Five to ten years
—

Greater than ten years
—

No single maturity date
245

Total
$
6,443

Realized gains and losses on sales of available-for-sale securities
The Company recorded realized gains and losses on sales of available-for-sale securities as follows (in millions):
 
For the three months ended
 
December 24,
2017
 
December 25,
2016
Gross realized gains
$
2

 
$
248

Gross realized losses
—

 
(109
)
Net realized gains
$
2

 
$
139

Composition of available-for-sale securities
Available-for-sale securities were comprised as follows (in millions):
 
December 24, 2017
 
September 24, 2017
Equity securities
 
 
 
Cost
$
8

 
$
8

Unrealized gains
34

 
28

Unrealized losses
—

 
—

Fair value
42

 
36

Debt securities (including debt funds)
 
 
 
Cost
6,432

 
3,497

Unrealized gains
14

 
13

Unrealized losses
(3
)
 
(1
)
Fair value
6,443

 
3,509

 
$
6,485

 
$
3,545