Borrowings (Tables)

6 Months Ended

Mar. 28, 2015

During the six months ended March 28, 2015, the Company’s borrowing activity was as follows:



	September 27, 2014		Borrowings		Reductions of borrowings			Other Activity			March 28, 2015
Commercial paper with original maturities less than three months ⁽¹⁾	$	50	$	1,855	$	—		$	1		$	1,906
Commercial paper with original maturities greater than three months	—		1,822		(1,723		)	1			100
U.S. medium-term notes	13,713		—		(1,800		)	5			11,918
Foreign currency denominated debt	783		123		(149		)	(34		)	723
Other	294		—		(24		)	40			310
Total	$	14,840	$	3,800	$	(3,696	)	$	13		$	14,957

⁽¹⁾ Borrowings and reductions of borrowings are reported net.

Line of Credit Facilities

The Company has bank facilities with a syndicate of lenders to support commercial paper borrowings. The following is a summary of the bank facilities at March 28, 2015:



	Committed Capacity		Capacity Used		Unused Capacity
Facility expiring March 2016	$	1,500	$	—	$	1,500
Facility expiring June 2017	2,250		—		2,250
Facility expiring March 2019	2,250		—		2,250
Total	$	6,000	$	—	$	6,000

Interest Income/(Expense)

Interest and investment income and interest expense are reported net in the Condensed Consolidated Statements of Income and consist of the following (net of capitalized interest):



	Quarter Ended						Six Months Ended
	March 28, 2015			March 29, 2014			March 28, 2015			March 29, 2014
Interest expense	$	(66	)	$	(67	)	$	(135	)	$	(148	)
Interest and investment income	74			129			85			259
Interest income/(expense), net	$	8		$	62		$	(50	)	$	111