Annual report pursuant to Section 13 and 15(d)

Income Taxes (Details)

v3.21.2
Income Taxes (Details) - USD ($)
$ in Millions
3 Months Ended 12 Months Ended
Dec. 30, 2018
Sep. 26, 2021
Sep. 27, 2020
Sep. 29, 2019
Sep. 27, 2021
Oct. 01, 2018
Current provision (benefit):            
Federal   $ 942 $ 210 $ 1,563    
State   8 1 2    
Foreign   518 526 (407)    
Current Income tax provision   1,468 737 1,158    
Deferred (benefit) provision:            
Federal   (251) (192) 2,037    
State   2 2 17    
Foreign   12 (26) (117)    
Deferred provision (benefit)   (237) (216) 1,937    
Income Tax Expense (Benefit)   1,231 521 3,095    
Components of income before income taxes            
United States   8,781 5,004 7,042    
Foreign   1,493 715 439    
Income before income taxes   10,274 5,719 7,481    
Effective Income Tax Rate Reconciliation, Amount [Abstract]            
Expected income tax provision at federal statutory tax rate   2,158 1,201 1,571    
Excess tax benefit associated with share-based awards   (265) (83) (27)    
Benefit related to research and development tax credits   (195) (125) (110)    
Other   $ 83 $ (91) $ 178    
Effective Income Tax Rate Reconciliation, Percent   12.00% 9.00% 41.00%    
Retained Earnings (Accumulated Deficit)   $ 9,822 $ 5,284      
Income Taxes Receivable, Noncurrent   1,900 1,600      
Liability for Uncertainty in Income Taxes, Noncurrent   1,900 1,600      
Accrued Income Taxes, Current   862 549      
Deferred Tax Liability Not Recognized, Undistributed Earnings of Foreign Subsidiaries [Abstract]            
Unrecognized deferred tax liability related to undistributed earnings of certain non-U.S. subsidiaries   63        
Undistributed earnings of certain non-United States subsidiaries   761        
Deferred Tax Assets            
Unused tax credits   1,504 1,311      
Customer incentives   762 537      
Unused net operating losses   663 576      
Accrued liabilities and reserves   483 275      
Operating lease liabilities   188 107      
Unearned revenues   181 262      
Share-based compensation   175 151      
Unrealized losses on other investments and marketable securities   106 235      
Other   165 141      
Total gross deferred tax assets   4,227 3,595      
Valuation allowance   (1,926) (1,728)      
Total net deferred tax assets   2,301 1,867      
Deferred Tax Liabilities            
Unrealized gains on other investments and marketable securities   (215) (97)      
Intangible assets   (198) (181)      
Operating lease assets   (174) (100)      
Property, plant and equipment   (111) (162)      
Other   (76) (32)      
Total deferred tax liabilities   (774) (572)      
Net deferred tax assets   1,527 1,295      
Reported as:            
Non-current deferred tax assets   1,591 1,351      
Changes in the amount of unrecognized tax benefits: [Roll Forward]            
Beginning balance of unrecognized tax benefits $ 217 1,901 1,705 $ 217    
Additions based on prior year tax positions   56 20 1,238    
Reductions for prior year tax positions and lapse in statute of limitations   (13) (2) (3)    
Additions for current year tax positions   213 192 253    
Settlements with taxing authorities   (21) (14) 0    
Ending balance of unrecognized tax benefits   2,136 1,901 1,705    
Unrecognized Tax Benefits that Would Impact Effective Tax Rate   146        
Unrecognized Tax Benefits, Income Tax Penalties and Interest Accrued   184        
Income Taxes Receivable   107        
Income Taxes Paid, Net [Abstract]            
Cash paid for income taxes   1,500 830 1,100    
Cumulative Effect, Period of Adoption, Adjusted Balance [Member]            
Effective Income Tax Rate Reconciliation, Amount [Abstract]            
Retained Earnings (Accumulated Deficit)           $ 2,600
Other Liabilities [Member]            
Reported as:            
Non-current deferred tax liabilities [1]   (64) (56)      
Changes in the amount of unrecognized tax benefits: [Roll Forward]            
Ending balance of unrecognized tax benefits   1,900        
FDII Effective Tax Rate [Member]            
Effective Income Tax Rate Reconciliation, Amount [Abstract]            
Benefit from FDII deduction   $ (550) (381) (419)    
Effective Income Tax Rate Reconciliation, Percent   13.00%        
U.S. Tax Cuts and Jobs Act Effective 2018 [Member]            
Deferred (benefit) provision:            
Income Tax Expense (Benefit) $ (570)          
Effective Income Tax Rate Reconciliation, Amount [Abstract]            
Benefit from establishing new U.S. net deferred tax assets   $ 0 0 (570)    
Accrued Income Taxes, Current   196        
U.S. Tax Cuts and Jobs Act Effective 2018 [Member] | Forecast [Member]            
Effective Income Tax Rate Reconciliation, Amount [Abstract]            
Accrued Income Taxes         $ 1,900  
Internal Revenue Service (IRS) [Member]            
Components of Deferred Tax Assets [Abstract]            
Operating Loss Carryforwards   214        
Operating Loss Carryforwards, Subject to Expiration   150        
Operating Loss Carryforwards, Not Subject to Expiration   64        
Unused Income Tax Credits   215        
Distributed Intellectual Property [Member]            
Effective Income Tax Rate Reconciliation, Amount [Abstract]            
Derecognition of deferred tax asset on distributed intellectual property   0 $ 0 $ 2,472    
Foreign Tax Authority [Member]            
Deferred Tax Assets            
Valuation allowance   (607)        
Components of Deferred Tax Assets [Abstract]            
Operating Loss Carryforwards   2,300        
Unused Income Tax Credits   51        
State and Local Jurisdiction [Member]            
Components of Deferred Tax Assets [Abstract]            
Operating Loss Carryforwards, Subject to Expiration   474        
Unused Income Tax Credits   1,300        
Tax credit, Valuation allowance   1,300        
Operating losses, Valuation allowance   $ 13        
[1] Non-current deferred tax liabilities were included in other liabilities in the consolidated balance sheets.