Borrowings (Tables)

9 Months Ended

Jul. 02, 2016

Borrowing Activity

During the nine months ended July 2, 2016, the Company’s borrowing activity was as follows:

	October 3, 2015		Borrowings		Payments			Other Activity			July 2, 2016
Commercial paper with original maturities less than three months(1)	$	2,330	$	—	$	(583	)	$	4		$	1,751
Commercial paper with original maturities greater than three months	100		4,051		(3,684		)	5			472
U.S. medium-term notes	13,873		2,987		(500		)	13			16,373
International Theme Parks borrowings(2)	319		855		—			(133		)	1,041
Foreign currency denominated debt and other(3)	714		192		(172		)	70			804
Total	$	17,336	$	8,085	$	(4,939	)	$	(41	)	$	20,441

⁽¹⁾  Borrowings and payments are reported net.

⁽²⁾  The other activity is primarily the conversion of HKDL debt into equity and the impact of changes in foreign currency exchange rates. See Note 5 for further discussion of the transaction.

⁽³⁾  The other activity is primarily market value adjustments for debt with qualifying hedges.

Line of Credit Facilities

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

	Committed Capacity		Capacity Used		Unused Capacity
Facility expiring March 2017	$	1,500	$	—	$	1,500
Facility expiring March 2019	2,250		—		2,250
Facility expiring March 2021	2,250		—		2,250
Total	$	6,000	$	—	$	6,000

Interest Expense, net

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						Nine Months Ended
	July 2, 2016			June 27, 2015			July 2, 2016			June 27, 2015
Interest expense	$	(88	)	$	(62	)	$	(235	)	$	(197	)
Interest and investment income	18			50			74			135
Interest expense, net	$	(70	)	$	(12	)	$	(161	)	$	(62	)

Realized Net Gains

Realized net gains on publicly and non-publicly traded investments are as follows:

	Quarter Ended				Nine Months Ended
	July 2, 2016		June 27, 2015		July 2, 2016		June 27, 2015
Publicly traded	$	—	$	31	$	—	$	79
Non-publicly traded	—		1		26		8
Realized net gains	$	—	$	32	$	26	$	87