Borrowings (Tables)

3 Months Ended

Jan. 02, 2016

Borrowing Activity

During the quarter ended January 2, 2016, the Company’s borrowing activity was as follows:

	October 3, 2015		Borrowings		Payments			Other Activity			January 2, 2016
Commercial paper with original maturities less than three months(1)	$	2,330	$	408	$	—		$	1		$	2,739
Commercial paper with original maturities greater than three months	100		1,599		(100		)	1			1,600
U.S. medium-term notes	13,873		—		(500		)	4			13,377
Foreign currency denominated debt and other obligations(2)	714		91		(64		)	(74		)	667
International Theme Parks borrowings(3)	319		291		—			(78		)	532
Total	$	17,336	$	2,389	$	(664	)	$	(146	)	$	18,915

⁽¹⁾  Borrowings and payments are reported net.

⁽²⁾  The other activity is primarily market value adjustments for debt with qualifying hedges.

⁽³⁾  The other activity is primarily the conversion of HKDL debt into equity. See Note 5 for further discussion of the transaction.

Line of Credit Facilities

The following is a summary of the bank facilities at January 2, 2016:

	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 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
	January 2, 2016			December 27, 2014
Interest expense	$	(66	)	$	(69	)
Interest and investment income	42			11
Interest expense, net	$	(24	)	$	(58	)