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Equity
 6 Months Ended
Apr. 01, 2017
Equity [Abstract]  
Equity
Equity
The Company paid the following dividends in fiscal 2017 and 2016:
Per Share
 
Total Paid
 
Payment Timing
 
Related to Fiscal Period
$0.78
$1.2 billion
Second Quarter of Fiscal 2017
Second Half 2016
$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

During the six months ended April 1, 2017, the Company repurchased 34 million shares of its common stock for $3.5 billion. As of April 1, 2017, the Company had remaining authorization in place to repurchase approximately 248 million additional shares. The repurchase program does not have an expiration date.
The following table summarizes the changes in each component of accumulated other comprehensive income (loss) (AOCI) (generally net of 37% estimated tax) including our proportional share of equity method investee amounts:
 
 
 
 
 
Unrecognized
Pension and 
Postretirement
Medical 
Expense
 
Foreign
Currency
Translation
and Other(1)
 
AOCI
 
Market Value Adjustments
 
 
Investments
 
Cash Flow Hedges
 
Balance at December 31, 2016
$
15

 
$
255

 
$
(3,605
)
 
$
(520
)
 
$
(3,855
)
Quarter Ended April 1, 2017:
 
 
 
 
 
 
 
 
 
Unrealized gains (losses) arising
  during the period
5

 
(132
)
 
12

 
58

 
(57
)
Reclassifications of realized net (gains) losses to net income
(4
)
 
(32
)
 
68

 
—

 
32

Balance at April 1, 2017
$
16

 
$
91

 
$
(3,525
)
 
$
(462
)
 
$
(3,880
)
 
 
 
 
 
 
 
 
 
 
Balance at January 2, 2016
$
10

 
$
309

 
$
(2,455
)
 
$
(333
)
 
$
(2,469
)
Quarter Ended April 2, 2016:
 
 
 
 
 
 
 
 
 
Unrealized gains (losses) arising
  during the period
(1
)
 
(162
)
 
(2
)
 
35

 
(130
)
Reclassifications of realized net (gains) losses to net income
—

 
(42
)
 
42

 
—

 
—

Balance at April 2, 2016
$
9

 
$
105

 
$
(2,415
)
 
$
(298
)
 
$
(2,599
)
 
 
 
 
 
 
 
 
 
 
Balance at October 1, 2016
$
26

 
$
(25
)
 
$
(3,651
)
 
$
(329
)
 
$
(3,979
)
Six Months Ended April 1, 2017:
 
 
 
 
 
 
 
 
 
Unrealized gains (losses) arising
  during the period
(6
)
 
192

 
(10
)
 
(133
)
 
43

Reclassifications of net (gains)
  losses to net income
(4
)
 
(76
)
 
136

 
—

 
56

Balance at April 1, 2017
$
16

 
$
91

 
$
(3,525
)
 
$
(462
)
 
$
(3,880
)
 
 
 
 
 
 
 
 
 
 
Balance at October 3, 2015
$
13

 
$
334

 
$
(2,497
)
 
$
(271
)
 
$
(2,421
)
Six Months Ended April 2, 2016:
 
 
 
 
 
 
 
 
 
Unrealized gains (losses) arising
  during the period
(4
)
 
(121
)
 
(2
)
 
(27
)
 
(154
)
Reclassifications of net (gains)
  losses to net income
—

 
(108
)
 
84

 
—

 
(24
)
Balance at April 2, 2016
$
9

 
$
105

 
$
(2,415
)
 
$
(298
)
 
$
(2,599
)
(1) 
Foreign Currency Translation and Other is net of an average 23% estimated tax at April 1, 2017 as the Company has not recognized deferred tax assets for some of our foreign entities.
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
 
Six Months Ended
 
 
April 1,
2017
 
April 2,
2016
 
April 1,
2017
 
April 2,
2016
Investments, net
 
Interest expense, net
 
$
6

 
$
—

 
$
6

 
$
—

Estimated tax
 
Income taxes
 
(2
)
 
—

 
(2
)
 
—

 
 
 
 
4

 
—

 
4

 
—

 
 
 
 
 
 
 
 
 
 
 
Cash flow hedges
 
Primarily revenue
 
$
51

 
$
67

 
121

 
172

Estimated tax
 
Income taxes
 
(19
)
 
(25
)
 
(45
)
 
(64
)
 
 
 
 
32

 
42

 
76

 
108

 
 
 
 
 
 
 
 
 
 
 
Pension and postretirement
  medical expense
 
Costs and expenses
 
(108
)
 
(67
)
 
(216
)
 
(134
)
Estimated tax
 
Income taxes
 
40

 
25

 
80

 
50

 
 
 
 
(68
)
 
(42
)
 
(136
)
 
(84
)
 
 
 
 
 
 
 
 
 
 
 
Total reclassifications for the period
 
 
 
$
(32
)
 
$
—

 
$
(56
)
 
$
24


At April 1, 2017 and October 1, 2016, the Company held available-for-sale investments in unrecognized gain positions totaling $20 million and $49 million, respectively, and no investments in significant unrecognized loss positions.