Quarterly report pursuant to Section 13 or 15(d)

Marketable Securities

v3.20.1
Marketable Securities
 6 Months Ended
Mar. 29, 2020
Investments, Debt and Equity Securities [Abstract]  
Marketable Securities
Note 8. Marketable Securities
We classify marketable securities as current or noncurrent based on the nature of the securities and their availability for use in current operations. Our marketable securities were comprised as follows (in millions):
Current Noncurrent (1)
March 29,
2020		 September 29,
2019		 March 29,
2020		 September 29,
2019
Available-for-sale debt securities:        
U.S. Treasury securities and government-related securities $ 3    $ —    $ —    $ —   
Corporate bonds and notes 1,253    4    —    —   
Mortgage- and asset-backed and auction rate securities 48    —    33    35   
Total available-for-sale debt securities 1,304    4    33    35   
Equity securities
 239    417    —    1   
Total marketable securities $ 1,543    $ 421    $ 33    $ 36   
(1) Noncurrent marketable securities were included in other assets.
The contractual maturities of available-for-sale marketable debt securities were as follows (in millions):
March 29,
2020
Years to Maturity
Less than one year $ 813   
One to five years 443   
No single maturity date 81   
Total $ 1,337   
Debt securities with no single maturity date included mortgage- and asset-backed securities and auction rate securities.