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Equity
12 Months Ended
Sep. 27, 2014
Equity [Abstract]  
Equity
Equity

As of the filing date of this report, the Board of Directors had not yet declared a dividend related to fiscal 2014. The Company paid a $0.86 per share dividend ($1.5 billion) during the second quarter of fiscal 2014 related to fiscal 2013. The Company paid a $0.75 per share dividend ($1.3 billion) during the first quarter of fiscal 2013 related to fiscal 2012. The Company paid a $0.60 per share dividend ($1.1 billion) during the second quarter of fiscal 2012 related to fiscal 2011.
During fiscal 2014, the Company repurchased 84 million shares of its common stock for approximately $6.5 billion. During fiscal 2013, the Company repurchased 71 million shares of its common stock for approximately $4.1 billion. During fiscal 2012, the Company repurchased 72 million shares of its common stock for approximately $3.0 billion. On March 22, 2011, the Company’s Board of Directors increased the amount of shares that can be repurchased to 400 million shares as of that date. As of September 27, 2014, the Company had remaining authorization in place to repurchase 77 million additional shares. The repurchase program does not have an expiration date.
The following table summarizes the changes in each component of AOCI including our proportional share of equity method investee amounts, net of 37% estimated tax: 
 
Market Value Adjustments
 
Unrecognized
Pension and 
Postretirement
Medical 
Expense
 
Foreign
Currency
Translation
and Other
 
AOCI
 
Investments
 
Cash Flow
Hedges
 
Balance at Oct. 1, 2011
$
6

 
$
(54
)
 
$
(2,625
)
 
$
43

 
$
(2,630
)
Unrealized gains (losses) arising during the period
4

 
38

 
(829
)
 
(60
)
 
(847
)
Reclassifications of realized net (gains) losses to net income
(7
)
 
(36
)
 
220

 
34

 
211

Balance at Sept. 29, 2012
3

 
(52
)
 
(3,234
)
 
17

 
(3,266
)
Unrealized gains (losses) arising during the period
117

 
208

 
1,668

 
(117
)
 
1,876

Reclassifications of realized net (gains) losses to net income
(25
)
 
(73
)
 
295

 
6

 
203

Balance at Sept. 28, 2013
95

 
83

 
(1,271
)
 
(94
)
 
(1,187
)
Unrealized gains (losses) arising during the period
109

 
169

 
(1,022
)
 
18

 
(726
)
Reclassifications of realized net (gains) losses to net income
(104
)
 
(48
)
 
97

 

 
(55
)
Balance at Sept. 27, 2014
$
100

 
$
204

 
$
(2,196
)
 
$
(76
)
 
$
(1,968
)


Details about AOCI components reclassified to net income are as follows:
Gains/(losses) in net income:
 
Affected line item in the Consolidated Statements of Income:
 
2014
 
2013
 
2012
Investments, net
 
Interest income/(expense), net
 
$
165

 
$
40

 
$
11

Estimated tax
 
Income taxes
 
(61
)
 
(15
)
 
(4
)
 
 
 
 
104

 
25

 
7

 
 
 
 
 
 
 
 
 
Cash flow hedges
 
Primarily revenue
 
76

 
116

 
57

Estimated tax
 
Income taxes
 
(28
)
 
(43
)
 
(21
)
 
 
 
 
48

 
73

 
36

 
 
 
 
 
 
 
 
 
Pension and postretirement medical expense
 
Primarily included in the computation of net periodic benefit cost (see Note 10)
 
(154
)
 
(467
)
 
(349
)
Estimated tax
 
Income taxes
 
57

 
172

 
129

 
 
 
 
(97
)
 
(295
)
 
(220
)
 
 
 
 
 
 
 
 
 
Foreign currency translation and other
 
Other income/(expense), net
 

 
(10
)
 
(54
)
Estimated tax
 
Income taxes
 

 
4

 
20

 
 
 
 

 
(6
)
 
(34
)
 
 
 
 
 
 
 
 
 
Total reclassifications for the period
 
 
 
$
55

 
$
(203
)
 
$
(211
)

At September 27, 2014 and September 28, 2013, the Company held available-for-sale investments in unrecognized gain positions totaling $55 million and $156 million, respectively, and no investments in significant unrecognized loss positions.