Income Taxes (Tables)

12 Months Ended

Sep. 29, 2018

Income Tax Disclosure [Abstract]

Income Before Income Taxes

Income Before Income Taxes	2018		2017		2016
Domestic (including U.S. exports)	$	12,914	$	12,611	$	14,018
Foreign subsidiaries	1,815		1,177		850
	$	14,729	$	13,788	$	14,868

Income Tax Expense / (Benefit)

Income Tax Expense/(Benefit)
Current
Federal	$	2,240		$	3,229		$	3,146
State	362			360			154
Foreign (1)	642			489			533
	3,244			4,078			3,833
Deferred
Federal(2)	(1,577		)	370			1,172
State	(20		)	5			100
Foreign	16			(31		)	(27		)
	(1,581		)	344			1,245
	$	1,663		$	4,422		$	5,078

⁽¹⁾ Includes foreign withholding taxes

⁽²⁾ Includes the Deferred Remeasurement

Deferred Tax Assets and Liabilities

Components of Deferred Tax Assets and Liabilities	September 29, 2018			September 30, 2017
Deferred tax assets
Net operating losses and tax credit carryforwards	$	(1,437	)	$	(1,705	)
Accrued liabilities	(1,214		)	(2,422		)
Other	(328		)	(386		)
Total deferred tax assets	(2,979		)	(4,513		)
Deferred tax liabilities
Depreciable, amortizable and other property	3,678			5,692
Investment in foreign entities	351			518
Licensing revenues	265			476
Investment in U.S. entities	189			292
Other	88			130
Total deferred tax liabilities	4,571			7,108
Net deferred tax liability before valuation allowance	1,592			2,595
Valuation allowance	1,383			1,716
Net deferred tax liability	$	2,975		$	4,311

Reconciliation of Effective Income Tax Rate to Federal Rate

A reconciliation of the effective income tax rate to the federal rate is as follows:

	2018		2017		2016
Federal income tax rate	24.5	%	35.0	%	35.0	%
State taxes, net of federal benefit	1.9		1.7		1.8
Domestic production activity deduction	(1.4	)	(2.1	)	(1.6	)
Earnings in jurisdictions taxed at rates different from the statutory U.S. federal rate	(1.1	)	(1.6	)	(1.1	)
Tax Act(1)	(11.5	)	—		—
Other, including tax reserves and related interest	(1.1	)	(0.9	)	0.1
	11.3	%	32.1	%	34.2	%

⁽¹⁾  Reflects the impact from the Deferred Remeasurement, net of the Deemed Repatriation Tax

Reconciliation of Beginning and Ending Amount of Gross Unrecognized Tax Benefits, Excluding Related Accrual for Interest

A reconciliation of the beginning and ending amount of gross unrecognized tax benefits, excluding the related accrual for interest, is as follows:

	2018			2017			2016
Balance at the beginning of the year	$	832		$	844		$	912
Increases for current year tax positions	64			61			71
Increases for prior year tax positions	48			13			142
Decreases in prior year tax positions	(135		)	(55		)	(158		)
Settlements with taxing authorities	(161		)	(31		)	(123		)
Balance at the end of the year	$	648		$	832		$	844