| Cash, Cash Equivalents and Marketable Securities by Significant Investment Category |
The following tables show the Company’s cash, cash equivalents and marketable securities by significant investment category as of September 26, 2026 and September 27, 2025 (in millions): | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | 2026 | | Adjusted
Cost | | Unrealized
Gains | | Unrealized
Losses | | Fair
Value | | Cash and
Cash
Equivalents | | Current
Marketable
Securities | | Non-Current
Marketable
Securities | | Cash | $ | 32,686 | | | $ | — | | | $ | — | | | $ | 32,686 | | | $ | 32,686 | | | $ | — | | | $ | — | | | | | | | | | | | | | | | | | Level 1: | | | | | | | | | | | | | | | Money market funds | 897 | | | — | | | — | | | 897 | | | 897 | | | — | | | — | | Mutual funds | 912 | | | 243 | | | (4) | | | 1,151 | | | — | | | 1,151 | | | — | | | Subtotal | 1,809 | | | 243 | | | (4) | | | 2,048 | | | 897 | | | 1,151 | | | — | | | | | | | | | | | | | | | | Level 2 (1): | | | | | | | | | | | | | | | U.S. Treasury securities | 19,413 | | | 1 | | | (507) | | | 18,907 | | | 27 | | | 4,793 | | | 14,087 | | | U.S. agency securities | 5,164 | | | — | | | (106) | | | 5,058 | | | 565 | | | 2,459 | | | 2,034 | | | Non-U.S. government securities | 5,171 | | | 25 | | | (504) | | | 4,692 | | | — | | | 310 | | | 4,382 | | | Certificates of deposit and time deposits | 2,334 | | | — | | | — | | | 2,334 | | | 2,030 | | | 304 | | | — | | | Commercial paper | 1,486 | | | — | | | — | | | 1,486 | | | — | | | 1,486 | | | — | | | Corporate debt securities | 48,229 | | | 29 | | | (1,323) | | | 46,935 | | | 100 | | | 9,875 | | | 36,960 | | | | | | | | | | | | | | | | | Mortgage- and asset-backed securities | 24,678 | | | 5 | | | (1,894) | | | 22,789 | | | — | | | 39 | | | 22,750 | | | Subtotal | 106,475 | | | 60 | | | (4,334) | | | 102,201 | | | 2,722 | | | 19,266 | | | 80,213 | | | | | | | | | | | | | | | | Total | $ | 140,970 | | | $ | 303 | | | $ | (4,338) | | | $ | 136,935 | | | $ | 36,305 | | | $ | 20,417 | | | $ | 80,213 | |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | 2025 | | Adjusted
Cost | | Unrealized
Gains | | Unrealized
Losses | | Fair
Value | | Cash and
Cash
Equivalents | | Current
Marketable
Securities | | Non-Current
Marketable
Securities | | Cash | $ | 28,267 | | | $ | — | | | $ | — | | | $ | 28,267 | | | $ | 28,267 | | | $ | — | | | $ | — | | | | | | | | | | | | | | | | | Level 1: | | | | | | | | | | | | | | | Money market funds | 5,272 | | | — | | | — | | | 5,272 | | | 5,272 | | | — | | | — | | Mutual funds | 679 | | | 177 | | | (2) | | | 854 | | | — | | | 854 | | | — | | | Subtotal | 5,951 | | | 177 | | | (2) | | | 6,126 | | | 5,272 | | | 854 | | | — | | | | | | | | | | | | | | | | Level 2 (1): | | | | | | | | | | | | | | | U.S. Treasury securities | 16,074 | | | 56 | | | (282) | | | 15,848 | | | 1,190 | | | 3,712 | | | 10,946 | | | U.S. agency securities | 5,269 | | | — | | | (149) | | | 5,120 | | | 251 | | | 2,456 | | | 2,413 | | | Non-U.S. government securities | 6,586 | | | 111 | | | (424) | | | 6,273 | | | — | | | 855 | | | 5,418 | | | Certificates of deposit and time deposits | 917 | | | — | | | — | | | 917 | | | 904 | | | — | | | 13 | | | Commercial paper | 100 | | | — | | | — | | | 100 | | | 50 | | | 50 | | | — | | | Corporate debt securities | 47,210 | | | 266 | | | (916) | | | 46,560 | | | — | | | 10,623 | | | 35,937 | | | Municipal securities | 207 | | | — | | | (2) | | | 205 | | | — | | | 119 | | | 86 | | | Mortgage- and asset-backed securities | 24,130 | | | 126 | | | (1,252) | | | 23,004 | | | — | | | 94 | | | 22,910 | | | Subtotal | 100,493 | | | 559 | | | (3,025) | | | 98,027 | | | 2,395 | | | 17,909 | | | 77,723 | | | | | | | | | | | | | | | | | Total | $ | 134,711 | | | $ | 736 | | | $ | (3,027) | | | $ | 132,420 | | | $ | 35,934 | | | $ | 18,763 | | | $ | 77,723 | |
(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.
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