Quarterly report pursuant to Section 13 or 15(d)

Fair Value Measurements (Tables)

v2.4.0.8
Fair Value Measurements (Tables)
3 Months Ended
Dec. 29, 2013
Notes to Financial Statements [Abstract]  
Fair value hierarchy for assets and liabilities measured at fair value on a recurring basis
December 29, 2013 (in millions):
 
Level 1
 
Level 2
 
Level 3
 
Total
Assets
 
 
 
 
 
 
 
Cash equivalents
$
4,502

 
$
3,174

 
$

 
$
7,676

Marketable securities
 
 
 
 
 
 
 
U.S. Treasury securities and government-related securities
790

 
561

 

 
1,351

Corporate bonds and notes

 
12,227

 

 
12,227

Mortgage- and asset-backed securities

 
921

 
246

 
1,167

Auction rate securities

 

 
83

 
83

Common and preferred stock
1,672

 
857

 

 
2,529

Equity funds
792

 

 

 
792

Debt funds
1,581

 
3,588

 

 
5,169

Total marketable securities
4,835

 
18,154

 
329

 
23,318

Derivative instruments
1

 
38

 

 
39

Other investments
270

 

 

 
270

Total assets measured at fair value
$
9,608

 
$
21,366

 
$
329

 
$
31,303

Liabilities
 
 
 
 
 
 
 
Derivative instruments
$

 
$
3

 
$

 
$
3

Other liabilities
270

 

 

 
270

Total liabilities measured at fair value
$
270

 
$
3

 
$

 
$
273

Activity for marketable securities classified within Level 3 of the valuation hierarchy
 
Three Months Ended December 29, 2013
 
Three Months Ended
December 30, 2012
 
Auction Rate
Securities
 
Other Marketable
Securities
 
Auction Rate
Securities
 
Other Marketable
Securities
Beginning balance of Level 3
$
83

 
$
239

 
$
118

 
$
203

Total realized and unrealized gains or losses:
 
 
 
 
 
 
 
Included in investment income, net

 
2

 

 
2

Included in other comprehensive income

 
(1
)
 
1

 
2

Purchases

 
23

 

 
41

Sales

 
(9
)
 

 
(1
)
Settlements

 
(8
)
 
(34
)
 
(19
)
Transfers into Level 3

 

 

 
14

Ending balance of Level 3
$
83

 
$
246

 
$
85

 
$
242


Activity for other liabilities classified within Level 3 of the valuation hierarchy
 
Three Months Ended December 29, 2013
 
Three Months Ended
December 30, 2012
 
Auction Rate
Securities
 
Other Marketable
Securities
 
Auction Rate
Securities
 
Other Marketable
Securities
Beginning balance of Level 3
$
83

 
$
239

 
$
118

 
$
203

Total realized and unrealized gains or losses:
 
 
 
 
 
 
 
Included in investment income, net

 
2

 

 
2

Included in other comprehensive income

 
(1
)
 
1

 
2

Purchases

 
23

 

 
41

Sales

 
(9
)
 

 
(1
)
Settlements

 
(8
)
 
(34
)
 
(19
)
Transfers into Level 3

 

 

 
14

Ending balance of Level 3
$
83

 
$
246

 
$
85

 
$
242