Quarterly report pursuant to Section 13 or 15(d)

Marketable Securities (Tables)

v3.10.0.1
Marketable Securities (Tables)
9 Months Ended
Jun. 24, 2018
Marketable Securities [Abstract]  
Composition of marketable securities
Marketable securities were comprised as follows (in millions):
 
Current
 
Noncurrent
 
June 24,
2018
 
September 24,
2017
 
June 24,
2018
 
September 24,
2017
Available-for-sale:
 
 
 
 
 
 
 
U.S. Treasury securities and government-related securities
$

 
$
23

 
$

 
$
959

Corporate bonds and notes
213

 
2,014

 

 
271

Mortgage- and asset-backed and auction rate securities

 
93

 
35

 
40

Equity and preferred securities and equity funds
34

 
36

 

 

Debt funds

 
109

 

 

Total available-for-sale
247

 
2,275

 
35

 
1,270

Time deposits
44

 
4

 

 

Total marketable securities
$
291

 
$
2,279

 
$
35

 
$
1,270

Contractual maturities of available-for-sale debt securities
The contractual maturities of available-for-sale debt securities were as follows (in millions):
 
June 24,
2018
Years to Maturity
 
Less than one year
$
194

One to five years
19

Five to ten years

Greater than ten years

No single maturity date
35

Total
$
248

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
 
For the nine months ended
 
June 24,
2018
 
June 25,
2017
 
June 24,
2018
 
June 25,
2017
Gross realized gains
$
3

 
$
119

 
$
16

 
$
422

Gross realized losses
(6
)
 
(8
)
 
(6
)
 
(116
)
Net realized gains
$
(3
)
 
$
111

 
$
10

 
$
306

Composition of available-for-sale securities
Available-for-sale securities were comprised as follows (in millions):
 
June 24, 2018
 
September 24, 2017
Equity securities
 
 
 
Cost
$
8

 
$
8

Unrealized gains
26

 
28

Fair value
34

 
36

Debt securities (including debt funds)
 
 
 
Cost
247

 
3,497

Unrealized gains
1

 
13

Unrealized losses

 
(1
)
Fair value
248

 
3,509

 
$
282

 
$
3,545