v3.25.2
Cash, Cash Equivalents, Restricted Cash and Borrowings (Tables)
 9 Months Ended
Jun. 28, 2025
Reconciliation of Cash, Cash Equivalents and Restricted Cash
The following table provides a reconciliation of cash, cash equivalents and restricted cash reported in the Condensed Consolidated Balance Sheets to the total of the amounts reported in the Condensed Consolidated Statements of Cash Flows.
June 28,
2025		September 28,
2024
Cash and cash equivalents$5,367 $6,002 
Restricted cash included in:
Other current assets8    —    
Other assets
102 100 
Total cash, cash equivalents and restricted cash in the statement of cash flows$5,477 $6,102 
Borrowing Activity
During the nine months ended June 28, 2025, the Company’s borrowing activity was as follows: 
September 28,
2024		BorrowingsPaymentsOther
Activity		June 28,
2025
Commercial paper with original maturities less than three months(1)
$727 $— $(37)$— $690 
Commercial paper with original maturities greater than three months2,313 1,030 (2,491)(29)823 
U.S. dollar denominated borrowings
40,496 1,057 (1,993)(125)39,435 
Asia Theme Parks borrowings
1,292    —    (51)   (91)   1,150    
Foreign currency denominated borrowings and other(2)
987 — (925)103 165 
$45,815 $2,087 $(5,497)$(142)$42,263 
(1)Borrowings and reductions of borrowings are reported net.
(2)The other activity is attributable to market value adjustments for debt with qualifying hedges.
Line of Credit Facilities
At June 28, 2025, the Company’s bank facilities, which are with a syndicate of lenders and support our commercial paper borrowings, were as follows:
Committed
Capacity		Capacity
Used		Unused
Capacity
Facility expiring February 2026
$5,250 $— $5,250 
Facility expiring March 20274,000 — 4,000 
Facility expiring March 2029
3,000 — 3,000 
Total$12,250 $— $12,250 
Interest Expense, net
Interest expense (net of amounts capitalized), interest and investment income, and net periodic pension and postretirement benefit costs (other than service costs) (see Note 9) are reported net in the Condensed Consolidated Statements of Income and consist of the following:
Quarter EndedNine Months Ended
June 28,
2025		June 29,
2024		June 28,
2025		June 29,
2024
Interest expense$(438)$(509)$(1,396)$(1,538)
Interest and investment income47    68    161    337    
Net periodic pension and postretirement benefit costs (other than service costs)67 99 198 302 
Interest expense, net$(324)$(342)$(1,037)$(899)