Quarterly report pursuant to Section 13 or 15(d)

Marketable Securities (Notes)

v3.20.2
Marketable Securities (Notes)
 9 Months Ended
Jun. 28, 2020
Investments, Debt and Equity Securities [Abstract]  
Marketable Securities
Note 9. 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)
June 28,
2020		 September 29,
2019		 June 28,
2020		 September 29,
2019
Available-for-sale debt securities:        
U.S. Treasury securities and government-related securities $ 6    $ —    $ —    $ —   
Corporate bonds and notes 4,005    4    —    —   
Mortgage- and asset-backed and auction rate securities 84    —    34    35   
Total available-for-sale debt securities 4,095    4    34    35   
Equity securities
 355    417    —    1   
 Time deposit (2) 30    —    —    —   
Total marketable securities $ 4,480    $ 421    $ 34    $ 36   
(1) Noncurrent marketable securities were included in other assets.
(2) At June 28, 2020, marketable securities also included a time deposit with an original maturity of greater than 90 days.
The contractual maturities of available-for-sale debt securities were as follows (in millions):
June 28,
2020
Years to Maturity
Less than one year $ 2,730   
One to five years 1,281   
No single maturity date 118   
Total $ 4,129   
Debt securities with no single maturity date included mortgage- and asset-backed securities and auction rate securities.