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Debt
6 Months Ended
Mar. 28, 2014
Debt Disclosure [Abstract]  
Debt
Debt
Debt as of March 28, 2014 and September 27, 2013 is as follows ($ in millions):
 
As of
 
March 28,
2014
 
September 27,
2013
3.375% public notes due 2015
$
258

 
$
258

3.75% public notes due 2018
67

 
67

8.5% public notes due 2019
364

 
364

7.0% public notes due 2019
246

 
246

6.875% public notes due 2021
465

 
466

4.625% public notes due 2023
42

 
42

Other(1)
20

 
20

Total debt
1,462

 
1,463

Less current portion
20

 
20

Long-term debt
$
1,442

 
$
1,443


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(1) 
$20 million of the amount shown as Other as of both March 28, 2014 and September 27, 2013 represents the current portion of the Company's total debt.
Fair Value
The carrying amount of Tyco's debt subject to the fair value disclosure requirements as of March 28, 2014 and September 27, 2013 was $1,442 million and $1,443 million, respectively. The Company has determined the fair value of such debt to be $1,673 million and $1,676 million as of March 28, 2014 and September 27, 2013, respectively. The Company utilizes various valuation methodologies to determine the fair value of its debt, which is primarily dependent on the type of market in which the Company's debt is traded. When available, the Company uses quoted market prices to determine the fair value of its debt that is traded in active markets. As of March 28, 2014 and September 27, 2013, the fair value of the Company's debt which was actively traded was $1,673 million and $1,676 million, respectively. As of March 28, 2014 and September 27, 2013, the Company's debt that was actively traded and subject to the fair value disclosure requirements is classified as Level 1 in the fair value hierarchy.
Commercial paper
From time to time Tyco International Finance S.A. ("TIFSA") may issue commercial paper for general corporate purposes. The maximum aggregate amount of unsecured commercial paper notes available to be issued on a private placement basis under the commercial paper program is $1 billion as of March 28, 2014. As of March 28, 2014 and September 27, 2013, TIFSA had no commercial paper outstanding.
Credit Facilities
The Company's committed revolving credit facility totaled $1 billion as of March 28, 2014. This revolving credit facility may be used for working capital, capital expenditures and general corporate purposes. As of March 28, 2014 and September 27, 2013 there were no amounts drawn under the Company's revolving credit facility. Interest under the revolving credit facility is variable and is calculated by reference to LIBOR or an alternate base rate.