
	June 28, 2025
	Adjusted Cost		Unrealized Gains		Unrealized Losses		Fair Value		Cash and Cash Equivalents		Current Marketable Securities		Non-Current Marketable Securities
Cash	$	26,686	$	—	$	—	$	26,686	$	26,686	$	—	$	—
Level 1:
Money market funds	3,779		—		—		3,779		3,779		—		—
Mutual funds	646		134		(3)		777		—		777		—
Subtotal	4,425		134		(3)		4,556		3,779		777		—
Level 2 (1):
U.S. Treasury securities	15,775		46		(362)		15,459		1,030		3,649		10,780
U.S. agency securities	5,383		—		(189)		5,194		647		2,030		2,517
Non-U.S. government securities	6,756		43		(567)		6,232		297		795		5,140
Certificates of deposit and time deposits	3,177		—		—		3,177		3,113		51		13
Commercial paper	710		—		—		710		710		—		—
Corporate debt securities	49,671		212		(1,251)		48,632		7		11,576		37,049
Municipal securities	263		—		(3)		260		—		157		103
Mortgage- and asset-backed securities	23,424		90		(1,434)		22,080		—		68		22,012
Subtotal	105,159		391		(3,806)		101,744		5,804		18,326		77,614
Total	$	136,270	$	525	$	(3,809)	$	132,986	$	36,269	$	19,103	$	77,614


	September 28, 2024
	Adjusted Cost		Unrealized Gains		Unrealized Losses		Fair Value		Cash and Cash Equivalents		Current Marketable Securities		Non-Current Marketable Securities
Cash	$	27,199	$	—	$	—	$	27,199	$	27,199	$	—	$	—
Level 1:
Money market funds	778		—		—		778		778		—		—
Mutual funds	515		105		(3)		617		—		617		—
Subtotal	1,293		105		(3)		1,395		778		617		—
Level 2 (1):
U.S. Treasury securities	16,150		45		(516)		15,679		212		4,087		11,380
U.S. agency securities	5,431		—		(272)		5,159		155		703		4,301
Non-U.S. government securities	17,959		93		(484)		17,568		1,158		10,810		5,600
Certificates of deposit and time deposits	873		—		—		873		387		478		8
Commercial paper	1,066		—		—		1,066		28		1,038		—
Corporate debt securities	65,622		270		(1,953)		63,939		26		16,027		47,886
Municipal securities	412		—		(7)		405		—		190		215
Mortgage- and asset-backed securities	24,595		175		(1,403)		23,367		—		1,278		22,089
Subtotal	132,108		583		(4,635)		128,056		1,966		34,611		91,479
Total (2)(3)	$	160,600	$	688	$	(4,638)	$	156,650	$	29,943	$	35,228	$	91,479

(1)The valuation techniques used to measure the fair values of the Company’s Level 2 financial instruments, which generally have counterparties with high credit ratings, are based on quoted market prices or model-driven valuations using significant inputs derived from or corroborated by observable market data.

(2)As of September 28, 2024, cash and cash equivalents included $2.6 billion held in escrow and restricted from general use. These restricted cash and cash equivalents were designated to settle the Company’s obligation related to the 2016 European Commission (the “Commission”) decision that Ireland granted state aid to the Company (the “State Aid Decision”), which was confirmed during the fourth quarter of 2024 by the European Court of Justice in a reversal of the 2020 judgment of the European General Court.

(3)As of September 28, 2024, current marketable securities included $13.2 billion held in escrow and restricted from general use. These restricted marketable securities were designated to settle the Company’s obligation related to the State Aid Decision.