Quarterly report pursuant to Section 13 or 15(d)

Debt (Tables)

v3.8.0.1
Debt (Tables)
6 Months Ended
Mar. 25, 2018
Debt Disclosure [Abstract]  
Schedule of long-term debt
The following table provides a summary of the Company’s long-term debt (in millions, except percentages):
 
 
March 25, 2018
 
September 24, 2017
 
 
Amount
 
Effective
Rate
 
Amount
 
Effective
Rate
May 2015 Notes
 
 
 
 
 
 
 
 
Floating-rate three-month LIBOR plus 0.27% notes due May 18, 2018
$
250

 
2.21%
 
$
250

 
1.65%
 
Floating-rate three-month LIBOR plus 0.55% notes due May 20, 2020
250

 
2.49%
 
250

 
1.92%
 
Fixed-rate 1.40% notes due May 18, 2018
1,250

 
2.94%
 
1,250

 
1.93%
 
Fixed-rate 2.25% notes due May 20, 2020
1,750

 
2.79%
 
1,750

 
2.20%
 
Fixed-rate 3.00% notes due May 20, 2022
2,000

 
3.34%
 
2,000

 
2.65%
 
Fixed-rate 3.45% notes due May 20, 2025
2,000

 
3.46%
 
2,000

 
3.46%
 
Fixed-rate 4.65% notes due May 20, 2035
1,000

 
4.74%
 
1,000

 
4.74%
 
Fixed-rate 4.80% notes due May 20, 2045
1,500

 
4.71%
 
1,500

 
4.71%
May 2017 Notes
 
 
 
 
 
 
 
 
Floating-rate three-month LIBOR plus 0.36% notes due May 20, 2019
750

 
2.37%
 
750

 
1.80%
 
Floating-rate three-month LIBOR plus 0.45% notes due May 20, 2020
500

 
2.43%
 
500

 
1.86%
 
Floating-rate three-month LIBOR plus 0.73% notes due January 30, 2023
500

 
2.56%
 
500

 
2.11%
 
Fixed-rate 1.85% notes due May 20, 2019
1,250

 
2.00%
 
1,250

 
2.00%
 
Fixed-rate 2.10% notes due May 20, 2020
1,500

 
2.19%
 
1,500

 
2.19%
 
Fixed-rate 2.60% notes due January 30, 2023
1,500

 
2.70%
 
1,500

 
2.70%
 
Fixed-rate 2.90% notes due May 20, 2024
1,500

 
3.01%
 
1,500

 
3.01%
 
Fixed-rate 3.25% notes due May 20, 2027
2,000

 
3.46%
 
2,000

 
3.46%
 
Fixed-rate 4.30% notes due May 20, 2047
1,500

 
4.47%
 
1,500

 
4.47%
Total principal
21,000

 
 
 
21,000

 
 
 
Unamortized discount, including debt issuance costs
(97
)
 
 
 
(106
)
 
 
 
Hedge accounting fair value adjustments
(43
)
 
 
 

 
 
 
Total
$
20,860

 
 
 
$
20,894

 
 
Reported as:
 
 
 
 
 
 
 
 
Short-term debt
$
1,499

 
 
 
$
1,496

 
 
 
Long-term debt
19,361

 
 
 
19,398

 
 
 
Total
$
20,860

 
 
 
$
20,894