Quarterly report pursuant to Section 13 or 15(d)

Fair Value Measurements (Notes)

v3.10.0.1
Fair Value Measurements (Notes)
9 Months Ended
Jun. 24, 2018
Fair Value Measurements [Abstract]  
Fair Value Measurements
Fair Value Measurements
The following table presents the Company’s fair value hierarchy for assets and liabilities measured at fair value on a recurring basis at June 24, 2018 (in millions):
 
Level 1
 
Level 2
 
Level 3
 
Total
Assets
 
 
 
 
 
 
 
Cash equivalents
$
23,855

 
$
10,602

 
$

 
$
34,457

Marketable securities:
 
 
 
 
 
 
 
Corporate bonds and notes

 
213

 

 
213

Mortgage- and asset-backed and auction rate securities

 

 
35

 
35

Equity and preferred securities and equity funds
34

 

 

 
34

Total marketable securities
34

 
213

 
35

 
282

Derivative instruments

 
2

 

 
2

Other investments
393

 

 
20

 
413

Total assets measured at fair value
$
24,282

 
$
10,817

 
$
55

 
$
35,154

Liabilities
 
 
 
 
 
 
 
Derivative instruments
$

 
$
80

 
$

 
$
80

Other liabilities
393

 

 
129

 
522

Total liabilities measured at fair value
$
393

 
$
80

 
$
129

 
$
602


Activity between Levels of the Fair Value Hierarchy. There were no transfers between Level 1 and Level 2 in the nine months ended June 24, 2018 and June 25, 2017. There were no transfers of marketable securities into or out of Level 3 during the nine months ended June 24, 2018 and June 25, 2017. Other investments and other liabilities included in Level 3 at June 24, 2018 were comprised of convertible debt instruments issued by private companies and contingent consideration related to business combinations, respectively. There were no transfers of convertible debt instruments or contingent consideration amounts into or out of Level 3 during the nine months ended June 24, 2018 and June 25, 2017.