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Equity (Tables)
9 Months Ended
Jul. 02, 2016
Equity [Abstract]  
Dividends Declared
The Company paid the following dividends in fiscal 2016 and 2015:
Per Share
 
Total Paid
 
Payment Timing
 
Related to Fiscal Period
$0.71
$1.1 billion
Fourth Quarter of Fiscal 2016
First Half 2016
$0.71
$1.2 billion
Second Quarter of Fiscal 2016
Second Half 2015
$0.66
$1.1 billion
Fourth Quarter of Fiscal 2015
First Half 2015
$1.15
$1.9 billion
Second Quarter of Fiscal 2015
2014
Changes in Accumulated Other Comprehensive Income (Loss), Net of Tax
The following table summarizes the changes in each component of accumulated other comprehensive income (loss) (AOCI) including our proportional share of equity method investee amounts, net of 37% estimated tax:
 
 
 
 
 
Unrecognized
Pension and 
Postretirement
Medical 
Expense
 
Foreign
Currency
Translation
and Other
 
AOCI
 
Market Value Adjustments
 
 
Investments, net
 
Cash Flow Hedges
 
Balance at April 2, 2016
$
9

 
$
105

 
$
(2,415
)
 
$
(298
)
 
$
(2,599
)
Quarter Ended July 2, 2016:
 
 
 
 
 
 
 
 
 
Unrealized gains (losses) arising
  during the period
(7
)
 
(49
)
 
(13
)
 
(37
)
 
(106
)
Reclassifications of net (gains)
  losses to net income

 
(35
)
 
41

 

 
6

Balance at July 2, 2016
$
2

 
$
21

 
$
(2,387
)
 
$
(335
)
 
$
(2,699
)
 
 
 
 
 
 
 
 
 
 
Balance at March 28, 2015
$
30

 
$
468

 
$
(2,118
)
 
$
(223
)
 
$
(1,843
)
Quarter Ended June 27, 2015:
 
 
 
 
 
 
 
 
 
Unrealized gains (losses) arising
  during the period
9

 
(16
)
 

 
16

 
9

Reclassifications of net (gains)
  losses to net income
(20
)
 
(93
)
 
43

 

 
(70
)
Balance at June 27, 2015
$
19

 
$
359

 
$
(2,075
)
 
$
(207
)
 
$
(1,904
)
 
 
 
 
 
 
 
 
 
 
Balance at October 3, 2015
$
13

 
$
334

 
$
(2,497
)
 
$
(271
)
 
$
(2,421
)
Nine Months Ended July 2, 2016:
 
 
 
 
 
 
 
 
 
Unrealized gains (losses) arising
  during the period
(11
)
 
(170
)
 
(15
)
 
(64
)
 
(260
)
Reclassifications of net (gains)
  losses to net income

 
(143
)
 
125

 

 
(18
)
Balance at July 2, 2016
$
2

 
$
21

 
$
(2,387
)
 
$
(335
)
 
$
(2,699
)
 
 
 
 
 
 
 
 
 
 
Balance at September 27, 2014
$
100

 
$
204

 
$
(2,196
)
 
$
(76
)
 
$
(1,968
)
Nine Months Ended June 27, 2015:
 
 
 
 
 
 
 
 
 
Unrealized gains (losses) arising
  during the period
(31
)
 
343

 
(9
)
 
(131
)
 
172

Reclassifications of net (gains)
  losses to net income
(50
)
 
(188
)
 
130

 

 
(108
)
Balance at June 27, 2015
$
19

 
$
359

 
$
(2,075
)
 
$
(207
)
 
$
(1,904
)

Details about AOCI Components Reclassified to Net Income
Details about AOCI components reclassified to net income are as follows:
Gains/(losses) in net income:
 
Affected line item in the
  Condensed Consolidated
  Statements of Income:
 
Quarter Ended
 
Nine Months Ended
 
 
July 2,
2016
 
June 27,
2015
 
July 2,
2016
 
June 27,
2015
Investments, net
 
Interest expense, net
 
$

 
$
31

 
$

 
$
79

Estimated tax
 
Income taxes
 

 
(11
)
 

 
(29
)
 
 
 
 

 
20

 

 
50

 
 
 
 
 
 
 
 
 
 
 
Cash flow hedges
 
Primarily revenue
 
56

 
148

 
228

 
299

Estimated tax
 
Income taxes
 
(21
)
 
(55
)
 
(85
)
 
(111
)
 
 
 
 
35

 
93

 
143

 
188

 
 
 
 
 
 
 
 
 
 
 
Pension and postretirement
  medical expense
 
Costs and expenses
 
(65
)
 
(68
)
 
(199
)
 
(206
)
Estimated tax
 
Income taxes
 
24

 
25

 
74

 
76

 
 
 
 
(41
)
 
(43
)
 
(125
)
 
(130
)
 
 
 
 
 
 
 
 
 
 
 
Total reclassifications for the period
 
 
 
$
(6
)
 
$
70

 
$
18

 
$
108