Annual report pursuant to Section 13 and 15(d)

The Company and Its Significant Accounting Policies (Tables)

v2.4.0.8
The Company and Its Significant Accounting Policies (Tables)
 12 Months Ended
Sep. 28, 2014
Notes to Financial Statements [Abstract]  
Schedule of Notional Amounts of Outstanding Derivative Positions
The gross notional amounts of the Company’s foreign currency and investment portfolio derivatives by instrument type were as follows (in millions):
 
September 28, 2014
 
September 29, 2013
Futures
$
260

 
$
106

Forwards
210

 
544

Options
122

 
609

Swaps
5

 
18

 
$
597

 
$
1,277

The gross notional amounts by currency were as follows (in millions):
 
September 28, 2014
 
September 29, 2013
United States dollar
$
266

 
$
108

Korean won
121

 
—

British pound sterling
97

 
46

Euro
43

 
161

Japanese yen
19

 
617

Canadian dollar
10

 
62

Indian rupee
3

 
205

Other
38

 
78

 
$
597

 
$
1,277

Weighted-average amortization periods for finite-lived intangible assets, by class
Weighted-average amortization periods for finite-lived intangible assets, by class, were as follows (in years):
 
September 28, 2014
 
September 29, 2013
Wireless spectrum
14
 
14
Marketing-related
9
 
9
Technology-based
11
 
11
Customer-related
6
 
2
Total finite-lived intangible assets
11
 
11
Share-based compensation expense, related to all share-based awards
Total share-based compensation expense, related to all of the Company’s share-based awards, was comprised as follows (in millions):
 
2014
 
2013
 
2012
Cost of equipment and services revenues
$
49

 
$
71

 
$
75

Research and development
672

 
643

 
546

Selling, general and administrative
338

 
391

 
414

Continuing operations
1,059

 
1,105

 
1,035

Related income tax benefit
(203
)
 
(217
)
 
(225
)
Continuing operations, net of income taxes
856

 
888

 
810

Discontinued operations
—

 
—

 
1

Related income tax benefit
—

 
—

 
—

Discontinued operations, net of income taxes
—

 
—

 
1

 
$
856

 
$
888

 
$
811

Components of accumulated other comprehensive income
Changes in the components of accumulated other comprehensive income, net of income taxes, in the Company’s stockholders’ equity during the fiscal year ended September 28, 2014 were as follows (in millions):
 
Foreign Currency Translation Adjustment
 
Noncredit Other-than-Temporary Impairment Losses and Subsequent Changes in Fair Value for Certain Available-for-Sale Debt Securities
 
Net Unrealized Gain on Other Available-for-Sale Securities
 
Net Unrealized Gain (Loss) on Derivative Instruments
 
Total Accumulated Other Comprehensive Income
Balance at September 29, 2013
$
(115
)
 
$
25

 
$
825

 
$
18

 
$
753

Other comprehensive income (loss) before reclassifications
1

 
(1
)
 
259

 
8

 
267

Reclassifications from accumulated other comprehensive income (loss)
1

(a)
—

(a)
(361
)
(a)
(26
)
(b)
(386
)
Other comprehensive income (loss)
2

 
(1
)
 
(102
)
 
(18
)
 
(119
)
Balance at September 28, 2014
$
(113
)
 
$
24

 
$
723

 
$
—

 
$
634

(a)
Reclassifications from accumulated other comprehensive income (loss) of $360 million for the fiscal year ended September 28, 2014 were recorded in investment income, net (Note 3).
(b)
Reclassifications from accumulated other comprehensive income (loss) of $26 million for the fiscal year ended September 28, 2014 were recorded in revenues, cost of equipment and services revenues, research and development expenses and selling, general and administrative expenses.