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Selected Quarterly Financial Information (Unaudited)
 12 Months Ended
Sep. 28, 2019
Quarterly Financial Information Disclosure [Abstract]  
Selected Quarterly Financial Information (Unaudited) Selected Quarterly Financial Information (Unaudited)
The following tables show a summary of the Company’s quarterly financial information for each of the four quarters of 2019 and 2018 (in millions, except per share amounts):
 
Fourth Quarter
 
Third Quarter
 
Second Quarter
 
First Quarter
2019:
 
 
 
 
 
 
 
Total net sales
$
64,040

 
$
53,809

 
$
58,015

 
$
84,310

Gross margin
$
24,313

 
$
20,227

 
$
21,821

 
$
32,031

Net income
$
13,686

 
$
10,044

 
$
11,561

 
$
19,965

 
 
 
 
 
 
 
 
Earnings per share (1):
 
 
 
 
 
 
 
Basic
$
3.05

 
$
2.20

 
$
2.47

 
$
4.22

Diluted
$
3.03

 
$
2.18

 
$
2.46

 
$
4.18

 
Fourth Quarter
 
Third Quarter
 
Second Quarter
 
First Quarter
2018:
 
 
 
 
 
 
 
Total net sales
$
62,900

 
$
53,265

 
$
61,137

 
$
88,293

Gross margin
$
24,084

 
$
20,421

 
$
23,422

 
$
33,912

Net income
$
14,125

 
$
11,519

 
$
13,822

 
$
20,065

 
 
 
 
 
 
 
 
Earnings per share (1):
 
 
 
 
 
 
 
Basic
$
2.94

 
$
2.36

 
$
2.75

 
$
3.92

Diluted
$
2.91

 
$
2.34

 
$
2.73

 
$
3.89

 
(1)
Basic and diluted earnings per share are computed independently for each of the quarters presented. Therefore, the sum of quarterly basic and diluted per share information may not equal annual basic and diluted earnings per share.