Apple (AAPL) 10-K 28 Oct 15 2015 FY Annual report Financial data

Document and Entity Information

Document and Entity Information - USD ($) shares in Thousands, $ in Millions	12 Months Ended
	Sep. 26, 2015	Oct. 09, 2015	Mar. 27, 2015
Document Type	10-K
Amendment Flag	false
Document Period End Date	Sep. 26, 2015
Document Fiscal Year Focus	2,015
Document Fiscal Period Focus	FY
Trading Symbol	AAPL
Entity Registrant Name	APPLE INC
Entity Central Index Key	320,193
Current Fiscal Year End Date	--09-26
Entity Well-known Seasoned Issuer	Yes
Entity Current Reporting Status	Yes
Entity Voluntary Filers	No
Entity Filer Category	Large Accelerated Filer
Entity Common Stock, Shares Outstanding		5,575,331
Entity Public Float			$ 709,923

CONSOLIDATED STATEMENTS OF OPER

CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($) shares in Thousands, $ in Millions	12 Months Ended
	Sep. 26, 2015	Sep. 27, 2014	Sep. 28, 2013
Net sales	$ 233,715	$ 182,795	$ 170,910
Cost of sales	140,089	112,258	106,606
Gross margin	93,626	70,537	64,304
Operating expenses:
Research and development	8,067	6,041	4,475
Selling, general and administrative	14,329	11,993	10,830
Total operating expenses	22,396	18,034	15,305
Operating income	71,230	52,503	48,999
Other income/(expense), net	1,285	980	1,156
Income before provision for income taxes	72,515	53,483	50,155
Provision for income taxes	19,121	13,973	13,118
Net income	$ 53,394	$ 39,510	$ 37,037
Earnings per share:
Basic	$ 9.28	$ 6.49	$ 5.72
Diluted	$ 9.22	$ 6.45	$ 5.68
Shares used in computing earnings per share:
Basic	5,753,421	6,085,572	6,477,320
Diluted	5,793,069	6,122,663	6,521,634
Cash dividends declared per share	$ 1.98	$ 1.82	$ 1.64

CONSOLIDATED STATEMENTS OF COMP

CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME - USD ($) $ in Millions	12 Months Ended
	Sep. 26, 2015	Sep. 27, 2014	Sep. 28, 2013
Net income	$ 53,394	$ 39,510	$ 37,037
Other comprehensive income/(loss):
Change in foreign currency translation, net of tax effects of $201, $50 and $35, respectively	(411)	(137)	(112)
Change in unrealized gains/losses on derivative instruments:
Change in fair value of derivatives, net of tax benefit/(expense) of $(441), $(297) and $(351), respectively	2,905	1,390	522
Adjustment for net (gains)/losses realized and included in net income, net of tax expense/(benefit) of $630, $(36) and $255, respectively	(3,497)	149	(458)
Total change in unrealized gains/losses on derivative instruments, net of tax	(592)	1,539	64
Change in unrealized gains/losses on marketable securities:
Change in fair value of marketable securities, net of tax benefit/(expense) of $264, $(153) and $458, respectively	(483)	285	(791)
Adjustment for net (gains)/losses realized and included in net income, net of tax expense/(benefit) of $(32), $71 and $82, respectively	59	(134)	(131)
Total change in unrealized gains/losses on marketable securities, net of tax	(424)	151	(922)
Total other comprehensive income/(loss)	(1,427)	1,553	(970)
Total comprehensive income	$ 51,967	$ 41,063	$ 36,067

CONSOLIDATED STATEMENTS OF COM4

CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (Parenthetical) - USD ($) $ in Millions	12 Months Ended
	Sep. 26, 2015	Sep. 27, 2014	Sep. 28, 2013
Change in foreign currency translation, tax effects	$ 201	$ 50	$ 35
Change in fair value of derivatives, tax benefit/(expense)	(441)	(297)	(351)
Adjustment for net (gains)/losses realized and included in net income, tax expense/(benefit)	630	(36)	255
Change in fair value of marketable securities, tax benefit/(expense)	264	(153)	458
Adjustment for net (gains)/losses realized and included in net income, tax expense/(benefit)	$ (32)	$ 71	$ 82

CONSOLIDATED BALANCE SHEETS

CONSOLIDATED BALANCE SHEETS - USD ($) $ in Millions	Sep. 26, 2015	Sep. 27, 2014
Current assets:
Cash and cash equivalents	$ 21,120	$ 13,844
Short-term marketable securities	20,481	11,233
Accounts receivable, less allowances of $82 and $86, respectively	16,849	17,460
Inventories	2,349	2,111
Deferred tax assets	5,546	4,318
Vendor non-trade receivables	13,494	9,759
Other current assets	9,539	9,806
Total current assets	89,378	68,531
Long-term marketable securities	164,065	130,162
Property, plant and equipment, net	22,471	20,624
Goodwill	5,116	4,616
Acquired intangible assets, net	3,893	4,142
Other assets	5,556	3,764
Total assets	290,479	231,839
Current liabilities:
Accounts payable	35,490	30,196
Accrued expenses	25,181	18,453
Deferred revenue	8,940	8,491
Commercial paper	8,499	6,308
Current portion of long-term debt	2,500	0
Total current liabilities	80,610	63,448
Deferred revenue, non-current	3,624	3,031
Long-term debt	53,463	28,987
Other non-current liabilities	33,427	24,826
Total liabilities	$ 171,124	$ 120,292
Commitments and contingencies
Shareholders' equity:
Common stock and additional paid-in capital, $0.00001 par value: 12,600,000 shares authorized; 5,578,753 and 5,866,161 shares issued and outstanding, respectively	$ 27,416	$ 23,313
Retained earnings	92,284	87,152
Accumulated other comprehensive income	(345)	1,082
Total shareholders' equity	119,355	111,547
Total liabilities and shareholders' equity	$ 290,479	$ 231,839

CONSOLIDATED BALANCE SHEETS (Pa

CONSOLIDATED BALANCE SHEETS (Parenthetical) - USD ($) $ in Millions	Sep. 26, 2015	Sep. 27, 2014
Accounts receivable, allowances	$ 82	$ 86
Common stock, par value	$ 0.00001	$ 0.00001
Common stock, shares authorized	12,600,000,000	12,600,000,000
Common stock, shares issued	5,578,753,000	5,866,161,000
Common stock, shares outstanding	5,578,753,000	5,866,161,000

CONSOLIDATED STATEMENTS OF SHAR

CONSOLIDATED STATEMENTS OF SHAREHOLDERS' EQUITY - USD ($) shares in Thousands, $ in Millions	Total	Common Stock and Additional Paid-In Capital	Retained Earnings	Accumulated Other Comprehensive Income/(Loss)
Balances (in shares) at Sep. 29, 2012		6,574,458
Balances at Sep. 29, 2012	$ 118,210	$ 16,422	$ 101,289	$ 499
Net income	37,037	0	37,037	0
Other comprehensive income/(loss)	(970)	0	0	(970)
Dividends and dividend equivalents declared	(10,676)	$ 0	(10,676)	0
Repurchase of common stock (in shares)		(328,837)
Repurchase of common stock	(22,950)	$ 0	(22,950)	0
Share-based compensation	2,253	$ 2,253	0	0
Common stock issued, net of shares withheld for employee taxes (in shares)		48,873
Common stock issued, net of shares withheld for employee taxes	(587)	$ (143)	(444)	0
Tax benefit from equity awards, including transfer pricing adjustments	1,232	$ 1,232	0	0
Balances (in shares) at Sep. 28, 2013		6,294,494
Balances at Sep. 28, 2013	123,549	$ 19,764	104,256	(471)
Net income	39,510	0	39,510	0
Other comprehensive income/(loss)	1,553	0	0	1,553
Dividends and dividend equivalents declared	(11,215)	$ 0	(11,215)	0
Repurchase of common stock (in shares)		(488,677)
Repurchase of common stock	(45,000)	$ 0	(45,000)	0
Share-based compensation	2,863	$ 2,863	0	0
Common stock issued, net of shares withheld for employee taxes (in shares)		60,344
Common stock issued, net of shares withheld for employee taxes	(448)	$ (49)	(399)	0
Tax benefit from equity awards, including transfer pricing adjustments	$ 735	$ 735	0	0
Balances (in shares) at Sep. 27, 2014	5,866,161	5,866,161
Balances at Sep. 27, 2014	$ 111,547	$ 23,313	87,152	1,082
Net income	53,394	0	53,394	0
Other comprehensive income/(loss)	(1,427)	0	0	(1,427)
Dividends and dividend equivalents declared	(11,627)	$ 0	(11,627)	0
Repurchase of common stock (in shares)		(325,032)
Repurchase of common stock	(36,026)	$ 0	(36,026)	0
Share-based compensation	3,586	$ 3,586	0	0
Common stock issued, net of shares withheld for employee taxes (in shares)		37,624
Common stock issued, net of shares withheld for employee taxes	(840)	$ (231)	(609)	0
Tax benefit from equity awards, including transfer pricing adjustments	$ 748	$ 748	0	0
Balances (in shares) at Sep. 26, 2015	5,578,753	5,578,753
Balances at Sep. 26, 2015	$ 119,355	$ 27,416	$ 92,284	$ (345)

CONSOLIDATED STATEMENTS OF CASH

CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($) $ in Millions	12 Months Ended
	Sep. 26, 2015	Sep. 27, 2014	Sep. 28, 2013
Cash and cash equivalents, beginning of the year	$ 13,844	$ 14,259	$ 10,746
Operating activities:
Net income	53,394	39,510	37,037
Adjustments to reconcile net income to cash generated by operating activities:
Depreciation and amortization	11,257	7,946	6,757
Share-based compensation expense	3,586	2,863	2,253
Deferred income tax expense	1,382	2,347	1,141
Changes in operating assets and liabilities:
Accounts receivable, net	611	(4,232)	(2,172)
Inventories	(238)	(76)	(973)
Vendor non-trade receivables	(3,735)	(2,220)	223
Other current and non-current assets	(179)	167	1,080
Accounts payable	5,400	5,938	2,340
Deferred revenue	1,042	1,460	1,459
Other current and non-current liabilities	8,746	6,010	4,521
Cash generated by operating activities	81,266	59,713	53,666
Investing activities:
Purchases of marketable securities	(166,402)	(217,128)	(148,489)
Proceeds from maturities of marketable securities	14,538	18,810	20,317
Proceeds from sales of marketable securities	107,447	189,301	104,130
Payments made in connection with business acquisitions, net	(343)	(3,765)	(496)
Payments for acquisition of property, plant and equipment	(11,247)	(9,571)	(8,165)
Payments for acquisition of intangible assets	(241)	(242)	(911)
Other	(26)	16	(160)
Cash used in investing activities	(56,274)	(22,579)	(33,774)
Financing activities:
Proceeds from issuance of common stock	543	730	530
Excess tax benefits from equity awards	749	739	701
Taxes paid related to net share settlement of equity awards	(1,499)	(1,158)	(1,082)
Dividends and dividend equivalents paid	(11,561)	(11,126)	(10,564)
Repurchase of common stock	(35,253)	(45,000)	(22,860)
Proceeds from issuance of term debt, net	27,114	11,960	16,896
Change in commercial paper, net	2,191	6,306	0
Cash used in financing activities	(17,716)	(37,549)	(16,379)
Increase/(decrease) in cash and cash equivalents	7,276	(415)	3,513
Cash and cash equivalents, end of the year	21,120	13,844	14,259
Supplemental cash flow disclosure:
Cash paid for income taxes, net	13,252	10,026	9,128
Cash paid for interest	$ 514	$ 339	$ 0

Summary of Significant Accounti

Summary of Significant Accounting Policies	12 Months Ended
	Sep. 26, 2015
Summary of Significant Accounting Policies	Note 1 – Summary of Significant Accounting Policies Apple Inc. and its wholly-owned subsidiaries (collectively “Apple” or the “Company”) designs, manufactures and markets mobile communication and media devices, personal computers and portable digital music players, and sells a variety of related software, services, accessories, networking solutions and third-party digital content and applications. The Company sells its products worldwide through its retail stores, online stores and direct sales force, as well as through third-party cellular network carriers, wholesalers, retailers and value-added resellers. In addition, the Company sells a variety of third-party Apple-compatible products, including application software and various accessories through its online and retail stores. The Company sells to consumers, small and mid-sized businesses and education, enterprise and government customers. Basis of Presentation and Preparation The accompanying consolidated financial statements include the accounts of the Company. Intercompany accounts and transactions have been eliminated. In the opinion of the Company’s management, the consolidated financial statements reflect all adjustments, which are normal and recurring in nature, necessary for fair financial statement presentation. The preparation of these consolidated financial statements in conformity with U.S. generally accepted accounting principles (“GAAP”) requires management to make estimates and assumptions that affect the amounts reported in these consolidated financial statements and accompanying notes. Actual results could differ materially from those estimates. The Company’s fiscal year is the 52 or 53-week period that ends on the last Saturday of September. The Company’s fiscal years 2015, 2014 and 2013 ended on September 26, 2015, September 27, 2014 and September 28, 2013, respectively. An additional week is included in the first fiscal quarter approximately every six years to realign fiscal quarters with calendar quarters. Fiscal years 2015, 2014 and 2013 each spanned 52 weeks. Unless otherwise stated, references to particular years, quarters, months and periods refer to the Company’s fiscal years ended in September and the associated quarters, months and periods of those fiscal years. Revenue Recognition Net sales consist primarily of revenue from the sale of hardware, software, digital content and applications, accessories, and service and support contracts. The Company recognizes revenue when persuasive evidence of an arrangement exists, delivery has occurred, the sales price is fixed or determinable and collection is probable. Product is considered delivered to the customer once it has been shipped and title, risk of loss and rewards of ownership have been transferred. For most of the Company’s product sales, these criteria are met at the time the product is shipped. For online sales to individuals, for some sales to education customers in the U.S., and for certain other sales, the Company defers revenue until the customer receives the product because the Company retains a portion of the risk of loss on these sales during transit. For payment terms in excess of the Company’s standard payment terms, revenue is recognized as payments become due unless the Company has positive evidence that the sales price is fixed or determinable, such as a successful history of collection, without concession, on comparable arrangements. The Company recognizes revenue from the sale of hardware products, software bundled with hardware that is essential to the functionality of the hardware and third-party digital content sold on the iTunes Store in accordance with general revenue recognition accounting guidance. The Company recognizes revenue in accordance with industry specific software accounting guidance for the following types of sales transactions: (i) standalone sales of software products, (ii) sales of software upgrades and (iii) sales of software bundled with hardware not essential to the functionality of the hardware. For the sale of most third-party products, the Company recognizes revenue based on the gross amount billed to customers because the Company establishes its own pricing for such products, retains related inventory risk for physical products, is the primary obligor to the customer and assumes the credit risk for amounts billed to its customers. For third-party applications sold through the App Store and Mac App Store and certain digital content sold through the iTunes Store, the Company does not determine the selling price of the products and is not the primary obligor to the customer. Therefore, the Company accounts for such sales on a net basis by recognizing in net sales only the commission it retains from each sale. The portion of the gross amount billed to customers that is remitted by the Company to third-party app developers and certain digital content owners is not reflected in the Company’s Consolidated Statements of Operations. The Company records deferred revenue when it receives payments in advance of the delivery of products or the performance of services. This includes amounts that have been deferred for unspecified and specified software upgrade rights and non-software services that are attached to hardware and software products. The Company sells gift cards redeemable at its retail and online stores, and also sells gift cards redeemable on iTunes Store, App Store, Mac App Store and iBooks Store for the purchase of digital content and software. The Company records deferred revenue upon the sale of the card, which is relieved upon redemption of the card by the customer. Revenue from AppleCare service and support contracts is deferred and recognized over the service coverage periods. AppleCare service and support contracts typically include extended phone support, repair services, web-based support resources and diagnostic tools offered under the Company’s standard limited warranty. The Company records reductions to revenue for estimated commitments related to price protection and other customer incentive programs. For transactions involving price protection, the Company recognizes revenue net of the estimated amount to be refunded. For the Company’s other customer incentive programs, the estimated cost of these programs is recognized at the later of the date at which the Company has sold the product or the date at which the program is offered. The Company also records reductions to revenue for expected future product returns based on the Company’s historical experience. Revenue is recorded net of taxes collected from customers that are remitted to governmental authorities, with the collected taxes recorded as current liabilities until remitted to the relevant government authority. Revenue Recognition for Arrangements with Multiple Deliverables For multi-element arrangements that include hardware products containing software essential to the hardware product’s functionality, undelivered software elements that relate to the hardware product’s essential software, and undelivered non-software services, the Company allocates revenue to all deliverables based on their relative selling prices. In such circumstances, the Company uses a hierarchy to determine the selling price to be used for allocating revenue to deliverables: (i) vendor-specific objective evidence of fair value (“VSOE”), (ii) third-party evidence of selling price (“TPE”) and (iii) best estimate of selling price (“ESP”). VSOE generally exists only when the Company sells the deliverable separately and is the price actually charged by the Company for that deliverable. ESPs reflect the Company’s best estimates of what the selling prices of elements would be if they were sold regularly on a stand-alone basis. For multi-element arrangements accounted for in accordance with industry specific software accounting guidance, the Company allocates revenue to all deliverables based on the VSOE of each element, and if VSOE does not exist revenue is recognized when elements lacking VSOE are delivered. For sales of qualifying versions of iPhone, iPad and iPod touch (“iOS devices”), Mac, Apple Watch and Apple TV, the Company has indicated it may from time to time provide future unspecified software upgrades to the device’s essential software and/or non-software services free of charge. The Company has identified up to three deliverables regularly included in arrangements involving the sale of these devices. The first deliverable, which represents the substantial portion of the allocated sales price, is the hardware and software essential to the functionality of the hardware device delivered at the time of sale. The second deliverable is the embedded right included with qualifying devices to receive on a when-and-if-available basis, future unspecified software upgrades relating to the product’s essential software. The third deliverable is the non-software services to be provided to qualifying devices. The Company allocates revenue between these deliverables using the relative selling price method. Because the Company has neither VSOE nor TPE for these deliverables, the allocation of revenue is based on the Company’s ESPs. Revenue allocated to the delivered hardware and the related essential software is recognized at the time of sale provided the other conditions for revenue recognition have been met. Revenue allocated to the embedded unspecified software upgrade rights and the non-software services is deferred and recognized on a straight-line basis over the estimated period the software upgrades and non-software services are expected to be provided. Cost of sales related to delivered hardware and related essential software, including estimated warranty costs, are recognized at the time of sale. Costs incurred to provide non-software services are recognized as cost of sales as incurred, and engineering and sales and marketing costs are recognized as operating expenses as incurred. The Company’s process for determining its ESP for deliverables without VSOE or TPE considers multiple factors that may vary depending upon the unique facts and circumstances related to each deliverable including, where applicable, prices charged by the Company and market trends in the pricing for similar offerings, product specific business objectives, length of time a particular version of a device has been available, estimated cost to provide the non-software services and the relative ESP of the upgrade rights and non-software services as compared to the total selling price of the product. Beginning in September 2015, the Company reduced the combined ESPs for iOS devices and Mac between $5 and $10 to reflect the increase in competitive offers for similar products at little to no cost for users, which reduces the amount the Company could reasonably charge for these deliverables on a standalone basis. Shipping Costs Amounts billed to customers related to shipping and handling are classified as revenue, and the Company’s shipping and handling costs are classified as cost of sales. Warranty Costs The Company generally provides for the estimated cost of hardware and software warranties at the time the related revenue is recognized. The Company assesses the adequacy of its accrued warranty liabilities and adjusts the amounts as necessary based on actual experience and changes in future estimates. Software Development Costs Research and development (“R&D”) costs are expensed as incurred. Development costs of computer software to be sold, leased, or otherwise marketed are subject to capitalization beginning when a product’s technological feasibility has been established and ending when a product is available for general release to customers. In most instances, the Company’s products are released soon after technological feasibility has been established and as a result software development costs were expensed as incurred. Advertising Costs Advertising costs are expensed as incurred and included in selling, general and administrative expenses. Advertising expense was $1.8 billion, $1.2 billion and $1.1 billion for 2015, 2014 and 2013, respectively. Share-based Compensation The Company recognizes expense related to share-based payment transactions in which it receives employee services in exchange for (a) equity instruments of the Company or (b) liabilities that are based on the fair value of the Company’s equity instruments or that may be settled by the issuance of such equity instruments. Share-based compensation cost for restricted stock and restricted stock units (“RSUs”) is measured based on the closing fair market value of the Company’s common stock on the date of grant. The Company recognizes share-based compensation cost over the award’s requisite service period on a straight-line basis for time-based RSUs and on a graded basis for RSUs that are contingent on the achievement of performance conditions. The Company recognizes a benefit from share-based compensation in the Consolidated Statements of Shareholders’ Equity if an excess tax benefit is realized. In addition, the Company recognizes the indirect effects of share-based compensation on R&D tax credits, foreign tax credits and domestic manufacturing deductions in the Consolidated Statements of Operations. Further information regarding share-based compensation can be found in Note 9, “Benefit Plans.” Income Taxes The provision for income taxes is computed using the asset and liability method, under which deferred tax assets and liabilities are recognized for the expected future tax consequences of temporary differences between the financial reporting and tax bases of assets and liabilities and for operating losses and tax credit carryforwards. Deferred tax assets and liabilities are measured using the currently enacted tax rates that apply to taxable income in effect for the years in which those tax assets and liabilities are expected to be realized or settled. The Company records a valuation allowance to reduce deferred tax assets to the amount that is believed more likely than not to be realized. The Company recognizes the tax benefit from an uncertain tax position only if it is more likely than not the tax position will be sustained on examination by the taxing authorities, based on the technical merits of the position. The tax benefits recognized in the financial statements from such positions are then measured based on the largest benefit that has a greater than 50% likelihood of being realized upon settlement. See Note 5, “Income Taxes” for additional information. Earnings Per Share Basic earnings per share is computed by dividing income available to common shareholders by the weighted-average number of shares of common stock outstanding during the period. Diluted earnings per share is computed by dividing income available to common shareholders by the weighted-average number of shares of common stock outstanding during the period increased to include the number of additional shares of common stock that would have been outstanding if the potentially dilutive securities had been issued. Potentially dilutive securities include outstanding stock options, shares to be purchased under the Company’s employee stock purchase plan, unvested restricted stock and unvested RSUs. The dilutive effect of potentially dilutive securities is reflected in diluted earnings per share by application of the treasury stock method. Under the treasury stock method, an increase in the fair market value of the Company’s common stock can result in a greater dilutive effect from potentially dilutive securities. The following table shows the computation of basic and diluted earnings per share for 2015, 2014 and 2013 (net income in millions and shares in thousands): 2015 2014 2013 Numerator: Net income $ 53,394 $ 39,510 $ 37,037 Denominator: Weighted-average shares outstanding 5,753,421 6,085,572 6,477,320 Effect of dilutive securities 39,648 37,091 44,314 Weighted-average diluted shares 5,793,069 6,122,663 6,521,634 Basic earnings per share $ 9.28 $ 6.49 $ 5.72 Diluted earnings per share $ 9.22 $ 6.45 $ 5.68 Potentially dilutive securities whose effect would have been antidilutive are excluded from the computation of diluted earnings per share. Financial Instruments Cash Equivalents and Marketable Securities All highly liquid investments with maturities of three months or less at the date of purchase are classified as cash equivalents. The Company’s marketable debt and equity securities have been classified and accounted for as available-for-sale. Derivative Financial Instruments The Company accounts for its derivative instruments as either assets or liabilities and carries them at fair value. For derivative instruments that hedge the exposure to variability in expected future cash flows that are designated as cash flow hedges, the effective portion of the gain or loss on the derivative instrument is reported as a component of AOCI in shareholders’ equity and reclassified into earnings in the same period or periods during which the hedged transaction affects earnings. The ineffective portion of the gain or loss on the derivative instrument, if any, is recognized in earnings in the current period. To receive hedge accounting treatment, cash flow hedges must be highly effective in offsetting changes to expected future cash flows on hedged transactions. For options designated as cash flow hedges, changes in the time value are excluded from the assessment of hedge effectiveness and are recognized in earnings. For derivative instruments that hedge the exposure to changes in the fair value of an asset or a liability and that are designated as fair value hedges, both the net gain or loss on the derivative instrument as well as the offsetting gain or loss on the hedged item are recognized in earnings in the current period. For derivative instruments and foreign currency debt that hedge the exposure to changes in foreign currency exchange rates used for translation of the net investment in a foreign operation and that are designated as a net investment hedge, the net gain or loss on the effective portion of the derivative instrument is reported in the same manner as a foreign currency translation adjustment. For forward exchange contracts designated as net investment hedges, the Company excludes changes in fair value relating to changes in the forward carry component from its definition of effectiveness. Accordingly, any gains or losses related to this forward carry component are recognized in earnings in the current period. Derivatives that do not qualify as hedges are adjusted to fair value through earnings in the current period. Allowance for Doubtful Accounts The Company records its allowance for doubtful accounts based upon its assessment of various factors, including historical experience, age of the accounts receivable balances, credit quality of the Company’s customers, current economic conditions and other factors that may affect the customers’ ability to pay. Inventories Inventories are stated at the lower of cost, computed using the first-in, first-out method and net realizable value. Any adjustments to reduce the cost of inventories to their net realizable value are recognized in earnings in the current period. As of September 26, 2015 and September 27, 2014, the Company’s inventories consist primarily of finished goods. Property, Plant and Equipment Property, plant and equipment are stated at cost. Depreciation is computed by use of the straight-line Long-Lived Assets Including Goodwill and Other Acquired Intangible Assets The Company reviews property, plant and equipment, inventory component prepayments and certain identifiable intangibles, excluding goodwill, for impairment. Long-lived assets are reviewed for impairment whenever events or changes in circumstances indicate the carrying amount of an asset may not be recoverable. Recoverability of these assets is measured by comparison of their carrying amounts to future undiscounted cash flows the assets are expected to generate. If property, plant and equipment, inventory component prepayments and certain identifiable intangibles are considered to be impaired, the impairment to be recognized equals the amount by which the carrying value of the assets exceeds its fair value. The Company does not amortize goodwill and intangible assets with indefinite useful lives, rather such assets are required to be tested for impairment at least annually or sooner whenever events or changes in circumstances indicate that the assets may be impaired. The Company performs its goodwill and intangible asset impairment tests in the fourth quarter of each year. The Company did not recognize any impairment charges related to goodwill or indefinite lived intangible assets during 2015, 2014 and 2013. The Company established reporting units based on its current reporting structure. For purposes of testing goodwill for impairment, goodwill has been allocated to these reporting units to the extent it relates to each reporting unit. In 2015 and 2014, the Company’s goodwill was primarily allocated to the Americas and Europe reporting units. The Company amortizes its intangible assets with definite useful lives over their estimated useful lives and reviews these assets for impairment. The Company typically amortizes its acquired intangible assets with definite useful lives over periods from three to seven years. Fair Value Measurements The Company applies fair value accounting for all financial assets and liabilities and non-financial assets and liabilities that are recognized or disclosed at fair value in the financial statements on a recurring basis. The Company defines fair value as the price that would be received from selling an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date. When determining the fair value measurements for assets and liabilities, which are required to be recorded at fair value, the Company considers the principal or most advantageous market in which the Company would transact and the market-based risk measurements or assumptions that market participants would use in pricing the asset or liability, such as risks inherent in valuation techniques, transfer restrictions and credit risk. Fair value is estimated by applying the following hierarchy, which prioritizes the inputs used to measure fair value into three levels and bases the categorization within the hierarchy upon the lowest level of input that is available and significant to the fair value measurement: Level 1 Level 2 Level 3 The Company’s valuation techniques used to measure the fair value of money market funds and certain marketable equity securities were derived from quoted prices in active markets for identical assets or liabilities. The valuation techniques used to measure the fair value of the Company’s debt instruments and all other financial instruments, all of which have counterparties with high credit ratings, were valued based on quoted market prices or model driven valuations using significant inputs derived from or corroborated by observable market data. In accordance with the fair value accounting requirements, companies may choose to measure eligible financial instruments and certain other items at fair value. The Company has not elected the fair value option for any eligible financial instruments. Foreign Currency Translation and Remeasurement The Company translates the assets and liabilities of its non-U.S. dollar functional currency subsidiaries into U.S. dollars using exchange rates in effect at the end of each period. Revenue and expenses for these subsidiaries are translated using rates that approximate those in effect during the period. Gains and losses from these translations are recognized in foreign currency translation included in AOCI in shareholders’ equity. The Company’s subsidiaries that use the U.S. dollar as their functional currency remeasure monetary assets and liabilities at exchange rates in effect at the end of each period, and inventories, property and nonmonetary assets and liabilities at historical rates.

Financial Instruments

Financial Instruments	12 Months Ended
	Sep. 26, 2015
Financial Instruments	Note 2 – Financial Instruments Cash, Cash Equivalents and Marketable Securities The following tables show the Company’s cash and available-for-sale 2015 Adjusted Cost Unrealized Gains Unrealized Losses Fair Value Cash and Short-Term Long-Term Cash $ 11,389 $ 0 $ 0 $ 11,389 $ 11,389 $ 0 $ 0 Level 1: Money market funds 1,798 0 0 1,798 1,798 0 0 Mutual funds 1,772 0 (144 ) 1,628 0 1,628 0 Subtotal 3,570 0 (144 ) 3,426 1,798 1,628 0 Level 2: U.S. Treasury securities 34,902 181 (1 ) 35,082 0 3,498 31,584 U.S. agency securities 5,864 14 0 5,878 841 767 4,270 Non-U.S. government securities 6,356 45 (167 ) 6,234 43 135 6,056 Certificates of deposit and time deposits 4,347 0 0 4,347 2,065 1,405 877 Commercial paper 6,016 0 0 6,016 4,981 1,035 0 Corporate securities 116,908 242 (985 ) 116,165 3 11,948 104,214 Municipal securities 947 5 0 952 0 48 904 Mortgage- and asset-backed securities 16,121 87 (31 ) 16,177 0 17 16,160 Subtotal 191,461 574 (1,184 ) 190,851 7,933 18,853 164,065 Total $ 206,420 $ 574 $ (1,328 ) $ 205,666 $ 21,120 $ 20,481 $ 164,065 2014 Adjusted Cost Unrealized Gains Unrealized Losses Fair Value Cash and Short-Term Long-Term Cash $ 10,232 $ 0 $ 0 $ 10,232 $ 10,232 $ 0 $ 0 Level 1: Money market funds 1,546 0 0 1,546 1,546 0 0 Mutual funds 2,531 1 (132 ) 2,400 0 2,400 0 Subtotal 4,077 1 (132 ) 3,946 1,546 2,400 0 Level 2: U.S. Treasury securities 23,140 15 (9 ) 23,146 12 607 22,527 U.S. agency securities 7,373 3 (11 ) 7,365 652 157 6,556 Non-U.S. government securities 6,925 69 (69 ) 6,925 0 204 6,721 Certificates of deposit and time deposits 3,832 0 0 3,832 1,230 1,233 1,369 Commercial paper 475 0 0 475 166 309 0 Corporate securities 85,431 296 (241 ) 85,486 6 6,298 79,182 Municipal securities 940 8 0 948 0 0 948 Mortgage- and asset-backed securities 12,907 26 (49 ) 12,884 0 25 12,859 Subtotal 141,023 417 (379 ) 141,061 2,066 8,833 130,162 Total $ 155,332 $ 418 $ (511 ) $ 155,239 $ 13,844 $ 11,233 $ 130,162 The Company may sell certain of its marketable securities prior to their stated maturities for strategic reasons including, but not limited to, anticipation of credit deterioration and duration management. The maturities of the Company’s long-term marketable securities generally range from one to five years. As of September 26, 2015, the Company considers the declines in market value of its marketable securities investment portfolio to be temporary in nature and does not consider any of its investments other-than-temporarily impaired. The Company typically invests in highly-rated securities, and its investment policy generally limits the amount of credit exposure to any one issuer. The policy generally requires investments to be investment grade, with the primary objective of minimizing the potential risk of principal loss. Fair values were determined for each individual security in the investment portfolio. When evaluating an investment for other-than-temporary impairment the Company reviews factors such as the length of time and extent to which fair value has been below its cost basis, the financial condition of the issuer and any changes thereto, changes in market interest rates and the Company’s intent to sell, or whether it is more likely than not it will be required to sell the investment before recovery of the investment’s cost basis. Derivative Financial Instruments The Company may use derivatives to partially offset its business exposure to foreign currency and interest rate risk on expected future cash flows, on net investments in certain foreign subsidiaries and on certain existing assets and liabilities. However, the Company may choose not to hedge certain exposures for a variety of reasons including, but not limited to, accounting considerations and the prohibitive economic cost of hedging particular exposures. There can be no assurance the hedges will offset more than a portion of the financial impact resulting from movements in foreign currency exchange or interest rates. To help protect gross margins from fluctuations in foreign currency exchange rates, certain of the Company’s subsidiaries whose functional currency is the U.S. dollar may hedge a portion of forecasted foreign currency revenue, and subsidiaries whose functional currency is not the U.S. dollar and who sell in local currencies may hedge a portion of forecasted inventory purchases not denominated in the subsidiaries’ functional currencies. The Company may enter into forward contracts, option contracts or other instruments to manage this risk and may designate these instruments as cash flow hedges. The Company typically hedges portions of its forecasted foreign currency exposure associated with revenue and inventory purchases, typically for up to 12 months. To help protect the net investment in a foreign operation from adverse changes in foreign currency exchange rates, the Company may enter into foreign currency forward and option contracts to offset the changes in the carrying amounts of these investments due to fluctuations in foreign currency exchange rates. In addition, the Company may use non-derivative financial instruments, such as its foreign currency-denominated debt, as economic hedges of its net investments in certain foreign subsidiaries. In both of these cases, the Company designates these instruments as net investment hedges. The Company may also enter into non-designated foreign currency contracts to partially offset the foreign currency exchange gains and losses generated by the re-measurement of certain assets and liabilities denominated in non-functional currencies. The Company may enter into interest rate swaps, options, or other instruments to manage interest rate risk. These instruments may offset a portion of changes in income or expense, or changes in fair value of the Company’s term debt or investments. The Company designates these instruments as either cash flow or fair value hedges. The Company’s hedged interest rate transactions as of September 26, 2015 are expected to be recognized within 10 years. Cash Flow Hedges The effective portions of cash flow hedges are recorded in AOCI until the hedged item is recognized in earnings. Deferred gains and losses associated with cash flow hedges of foreign currency revenue are recognized as a component of net sales in the same period as the related revenue is recognized, and deferred gains and losses related to cash flow hedges of inventory purchases are recognized as a component of cost of sales in the same period as the related costs are recognized. Deferred gains and losses associated with cash flow hedges of interest income or expense are recognized in other income/(expense), net in the same period as the related income or expense is recognized. The ineffective portions and amounts excluded from the effectiveness testing of cash flow hedges are recognized in other income/(expense), net. Derivative instruments designated as cash flow hedges must be de-designated as hedges when it is probable the forecasted hedged transaction will not occur in the initially identified time period or within a subsequent two-month time period. Deferred gains and losses in AOCI associated with such derivative instruments are reclassified immediately into other income/(expense), net. Any subsequent changes in fair value of such derivative instruments are reflected in other income/(expense), net unless they are re-designated as hedges of other transactions. Net Investment Hedges The effective portions of net investment hedges are recorded in other comprehensive income (“OCI”) as a part of the cumulative translation adjustment. The ineffective portions and amounts excluded from the effectiveness testing of net investment hedges are recognized in other income/(expense), net. Fair Value Hedges Gains and losses related to changes in fair value hedges are recognized in earnings along with a corresponding loss or gain related to the change in value of the underlying hedged item. Non-Designated Derivatives Derivatives that are not designated as hedging instruments are adjusted to fair value through earnings in the financial statement line item to which the derivative relates. The Company records all derivatives in the Consolidated Balance Sheets at fair value. The Company’s accounting treatment for these derivative instruments is based on its hedge designation. The following tables show the Company’s derivative instruments at gross fair value as of September 26, 2015 and September 27, 2014 (in millions): 2015 Fair Value of Fair Value of Total Fair Value Derivative assets (1) Foreign exchange contracts $ 1,442 $ 109 $ 1,551 Interest rate contracts $ 394 $ 0 $ 394 Derivative liabilities (2) Foreign exchange contracts $ 905 $ 94 $ 999 Interest rate contracts $ 13 $ 0 $ 13 2014 Fair Value of Fair Value of Total Fair Value Derivative assets (1) Foreign exchange contracts $ 1,332 $ 222 $ 1,554 Interest rate contracts $ 81 $ 0 $ 81 Derivative liabilities (2) Foreign exchange contracts $ 41 $ 40 $ 81 (1) The fair value of derivative assets is measured using Level 2 fair value inputs and is recorded as other current assets in the Consolidated Balance Sheets. (2) The fair value of derivative liabilities is measured using Level 2 fair value inputs and is recorded as accrued expenses in the Consolidated Balance Sheets. The following table shows the pre-tax gains and losses of the Company’s derivative and non-derivative instruments designated as cash flow, net investment and fair value hedges on OCI and the Consolidated Statements of Operations for 2015, 2014 and 2013 (in millions): 2015 2014 2013 Gains/(Losses) recognized in OCI – effective portion: Cash flow hedges: Foreign exchange contracts $ 3,592 $ 1,750 $ 891 Interest rate contracts (111 ) (15 ) 12 Total $ 3,481 $ 1,735 $ 903 Net investment hedges: Foreign exchange contracts $ 167 $ 53 $ 143 Foreign currency debt (71 ) 0 0 Total $ 96 $ 53 $ 143 Gains/(Losses) reclassified from AOCI into net income – effective portion: Cash flow hedges: Foreign exchange contracts $ 4,092 $ (154 ) $ 676 Interest rate contracts (17 ) (16 ) (6 ) Total $ 4,075 $ (170 ) $ 670 Gains/(Losses) on derivative instruments: Fair value hedges: Interest rate contracts $ 337 $ 39 $ 0 Gains/(Losses) related to hedged items: Fair value hedges: Interest rate contracts $ (337 ) $ (39 ) $ 0 The following table shows the notional amounts of the Company’s outstanding derivative instruments and credit risk amounts associated with outstanding or unsettled derivative instruments as of September 26, 2015 and September 27, 2014 (in millions): 2015 2014 Notional Credit Risk Notional Credit Risk Instruments designated as accounting hedges: Foreign exchange contracts $ 70,054 $ 1,385 $ 42,945 $ 1,333 Interest rate contracts $ 18,750 $ 394 $ 12,000 $ 89 Instruments not designated as accounting hedges: Foreign exchange contracts $ 49,190 $ 109 $ 38,510 $ 222 The notional amounts for outstanding derivative instruments provide one measure of the transaction volume outstanding and do not represent the amount of the Company’s exposure to credit or market loss. The credit risk amounts represent the Company’s gross exposure to potential accounting loss on derivative instruments that are outstanding or unsettled if all counterparties failed to perform according to the terms of the contract, based on then-current The Company generally enters into master netting arrangements, which are designed to reduce credit risk by permitting net settlement of transactions with the same counterparty. To further limit credit risk, the Company generally enters into collateral security arrangements that provide for collateral to be received or posted when the net fair value of certain financial instruments fluctuates from contractually established thresholds. The Company presents its derivative assets and derivative liabilities at their gross fair values in its Consolidated Balance Sheets. The net cash collateral received by the Company related to derivative instruments under its collateral security arrangements was $1.0 billion as of September 26, 2015 and $2.1 billion as of September 27, 2014. Under master netting arrangements with the respective counterparties to the Company’s derivative contracts, the Company is allowed to net settle transactions with a single net amount payable by one party to the other. As of September 26, 2015 and September 27, 2014, the potential effects of these rights of set-off associated with the Company’s derivative contracts, including the effects of collateral, would be a reduction to both derivative assets and derivative liabilities of $2.2 billion and $1.6 billion, respectively, resulting in net derivative liabilities of $78 million and $549 million, respectively. Accounts Receivable Trade Receivables The Company has considerable trade receivables outstanding with its third-party cellular network carriers, wholesalers, retailers, value-added resellers, small and mid-sized businesses and education, enterprise and government customers. The Company generally does not require collateral from its customers; however, the Company will require collateral in certain instances to limit credit risk. In addition, when possible, the Company attempts to limit credit risk on trade receivables with credit insurance for certain customers or by requiring third-party financing, loans or leases to support credit exposure. These credit-financing arrangements are directly between the third-party financing company and the end customer. As such, the Company generally does not assume any recourse or credit risk sharing related to any of these arrangements. As of September 26, 2015, the Company had one customer that represented 10% or more of total trade receivables, which accounted for 12%. As of September 27, 2014, the Company had two customers that represented 10% or more of total trade receivables, one of which accounted for 16% and the other 13%. The Company’s cellular network carriers accounted for 71% and 72% of trade receivables as of September 26, 2015 and September 27, 2014, respectively. Vendor Non-Trade Receivables The Company has non-trade receivables from certain of its manufacturing vendors resulting from the sale of components to these vendors who manufacture sub-assemblies or assemble final products for the Company. The Company purchases these components directly from suppliers. Vendor non-trade receivables from three of the Company’s vendors accounted for 38%, 18% and 14% of total vendor non-trade receivables as of September 26, 2015 and three of the Company’s vendors accounted for 51%, 16% and 14% of total vendor non-trade receivables as of September 27, 2014.

Consolidated Financial Statemen

Consolidated Financial Statement Details	12 Months Ended
	Sep. 26, 2015
Consolidated Financial Statement Details	Note 3 – Consolidated Financial Statement Details The following tables show the Company’s consolidated financial statement details as of September 26, 2015 and September 27, 2014 (in millions): Property, Plant and Equipment, Net 2015 2014 Land and buildings $ 6,956 $ 4,863 Machinery, equipment and internal-use software 37,038 29,639 Leasehold improvements 5,263 4,513 Gross property, plant and equipment 49,257 39,015 Accumulated depreciation and amortization (26,786 ) (18,391 ) Total property, plant and equipment, net $ 22,471 $ 20,624 Other Non-Current Liabilities 2015 2014 Deferred tax liabilities $ 24,062 $ 20,259 Other non-current liabilities 9,365 4,567 Total other non-current liabilities $ 33,427 $ 24,826 Other Income/(Expense), Net The following table shows the detail of other income/(expense), net for 2015, 2014 and 2013 (in millions): 2015 2014 2013 Interest and dividend income $ 2,921 $ 1,795 $ 1,616 Interest expense (733 ) (384 ) (136 ) Other expense, net (903 ) (431 ) (324 ) Total other income/(expense), net $ 1,285 $ 980 $ 1,156

Goodwill and Other Intangible A

Goodwill and Other Intangible Assets	12 Months Ended
	Sep. 26, 2015
Goodwill and Other Intangible Assets	Note 4 – Goodwill and Other Intangible Assets On July 31, 2014, the Company completed the acquisitions of Beats Music, LLC, which offers a subscription streaming music service, and Beats Electronics, LLC, which makes Beats ® The Company also completed various other business acquisitions during 2014 for an aggregate cash consideration, net of cash acquired, of $957 million, of which $828 million was allocated to goodwill, $257 million to acquired intangible assets and $128 million to net liabilities assumed. The Company’s acquired intangible assets with definite useful lives primarily consist of patents and licenses and are amortized over periods typically from three to seven years. The following table summarizes the components of gross and net intangible asset balances as of September 26, 2015 and September 27, 2014 (in millions): 2015 2014 Gross Accumulated Net Carrying Gross Accumulated Net Carrying Definite-lived and amortizable acquired intangible assets $ 8,125 $ (4,332 ) $ 3,793 $ 7,127 $ (3,085 ) $ 4,042 Indefinite-lived and non-amortizable acquired intangible assets 100 0 100 100 0 100 Total acquired intangible assets $ 8,225 $ (4,332 ) $ 3,893 $ 7,227 $ (3,085 ) $ 4,142 Amortization expense related to acquired intangible assets was $1.3 billion, $1.1 billion and $960 million in 2015, 2014 and 2013, respectively. As of September 26, 2015, the remaining weighted-average amortization period for acquired intangible assets is 3.6 years. The expected annual amortization expense related to acquired intangible assets as of September 26, 2015, is as follows (in millions): 2016 $ 1,288 2017 1,033 2018 786 2019 342 2020 166 Thereafter 178 Total $ 3,793

Income Taxes

Income Taxes	12 Months Ended
	Sep. 26, 2015
Income Taxes	Note 5 – Income Taxes The provision for income taxes for 2015, 2014 and 2013, consisted of the following (in millions): 2015 2014 2013 Federal: Current $ 11,730 $ 8,624 $ 9,334 Deferred 3,408 3,183 1,878 15,138 11,807 11,212 State: Current 1,265 855 1,084 Deferred (220 ) (178 ) (311 ) 1,045 677 773 Foreign: Current 4,744 2,147 1,559 Deferred (1,806 ) (658 ) (426 ) 2,938 1,489 1,133 Provision for income taxes $ 19,121 $ 13,973 $ 13,118 The foreign provision for income taxes is based on foreign pre-tax earnings of $47.6 billion, $33.6 billion and $30.5 billion in 2015, 2014 and 2013, respectively. The Company’s consolidated financial statements provide for any related tax liability on undistributed earnings that the Company does not intend to be indefinitely reinvested outside the U.S. Substantially all of the Company’s undistributed international earnings intended to be indefinitely reinvested in operations outside the U.S. were generated by subsidiaries organized in Ireland, which has a statutory tax rate of 12.5%. As of September 26, 2015, U.S. income taxes have not been provided on a cumulative total of $91.5 billion of such earnings. The amount of unrecognized deferred tax liability related to these temporary differences is estimated to be $30.0 billion. As of September 26, 2015 and September 27, 2014, $186.9 billion and $137.1 billion, respectively, of the Company’s cash, cash equivalents and marketable securities were held by foreign subsidiaries and are generally based in U.S. dollar-denominated A reconciliation of the provision for income taxes, with the amount computed by applying the statutory federal income tax rate (35% in 2015, 2014 and 2013) to income before provision for income taxes for 2015, 2014 and 2013, is as follows (dollars in millions): 2015 2014 2013 Computed expected tax $ 25,380 $ 18,719 $ 17,554 State taxes, net of federal effect 680 469 508 Indefinitely invested earnings of foreign subsidiaries (6,470 ) (4,744 ) (4,614 ) Domestic production activities deduction (426 ) (495 ) (308 ) Research and development credit, net (171 ) (88 ) (287 ) Other 128 112 265 Provision for income taxes $ 19,121 $ 13,973 $ 13,118 Effective tax rate 26.4% 26.1% 26.2% The Company’s income taxes payable have been reduced by the tax benefits from employee stock plan awards. For stock options, the Company receives an income tax benefit calculated as the tax effect of the difference between the fair market value of the stock issued at the time of the exercise and the exercise price. For RSUs, the Company receives an income tax benefit upon the award’s vesting equal to the tax effect of the underlying stock’s fair market value. The Company had net excess tax benefits from equity awards of $748 million, $706 million and $643 million in 2015, 2014 and 2013, respectively, which were reflected as increases to common stock. As of September 26, 2015 and September 27, 2014, the significant components of the Company’s deferred tax assets and liabilities were (in millions): 2015 2014 Deferred tax assets: Accrued liabilities and other reserves $ 4,205 $ 3,326 Basis of capital assets and investments 2,238 898 Deferred revenue 1,941 1,787 Deferred cost sharing 667 0 Share-based compensation 575 454 Unrealized losses 564 130 Other 721 227 Total deferred tax assets, net of valuation allowance of $0 10,911 6,822 Deferred tax liabilities: Unremitted earnings of foreign subsidiaries 26,868 21,544 Other 303 398 Total deferred tax liabilities 27,171 21,942 Net deferred tax liabilities $ (16,260 ) $ (15,120 ) Deferred tax assets and liabilities reflect the effects of tax losses, credits and the future income tax effects of temporary differences between the consolidated financial statement carrying amounts of existing assets and liabilities and their respective tax bases and are measured using enacted tax rates that apply to taxable income in the years in which those temporary differences are expected to be recovered or settled. Uncertain Tax Positions Tax positions are evaluated in a two-step process. The Company first determines whether it is more likely than not that a tax position will be sustained upon examination. If a tax position meets the more-likely-than-not recognition threshold it is then measured to determine the amount of benefit to recognize in the financial statements. The tax position is measured as the largest amount of benefit that is greater than 50% likely of being realized upon ultimate settlement. The Company classifies gross interest and penalties and unrecognized tax benefits that are not expected to result in payment or receipt of cash within one year as non-current liabilities in the Consolidated Balance Sheets. As of September 26, 2015, the total amount of gross unrecognized tax benefits was $6.9 billion, of which $2.5 billion, if recognized, would affect the Company’s effective tax rate. As of September 27, 2014, the total amount of gross unrecognized tax benefits was $4.0 billion, of which $1.4 billion, if recognized, would affect the Company’s effective tax rate. The aggregate changes in the balance of gross unrecognized tax benefits, which excludes interest and penalties, for 2015, 2014 and 2013, is as follows (in millions): 2015 2014 2013 Beginning Balance $ 4,033 $ 2,714 $ 2,062 Increases related to tax positions taken during a prior year 2,056 1,295 745 Decreases related to tax positions taken during a prior year (345 ) (280 ) (118 ) Increases related to tax positions taken during the current year 1,278 882 626 Decreases related to settlements with taxing authorities (109 ) (574 ) (592 ) Decreases related to expiration of statute of limitations (13 ) (4 ) (9 ) Ending Balance $ 6,900 $ 4,033 $ 2,714 The Company includes interest and penalties related to unrecognized tax benefits within the provision for income taxes. As of September 26, 2015 and September 27, 2014, the total amount of gross interest and penalties accrued was $1.3 billion and $630 million, respectively, which is classified as non-current liabilities in the Consolidated Balance Sheets. In connection with tax matters, the Company recognized interest and penalty expense in 2015, 2014 and 2013 of $709 million, $40 million and $189 million, respectively. The Company is subject to taxation and files income tax returns in the U.S. federal jurisdiction and in many state and foreign jurisdictions. The U.S. Internal Revenue Service (the “IRS”) is currently examining the years 2010 through 2012, and all years prior to 2010 are closed. In addition, the Company is subject to audits by state, local and foreign tax authorities. In major states and major foreign jurisdictions, the years subsequent to 2003 generally remain open and could be subject to examination by the taxing authorities. Management believes that an adequate provision has been made for any adjustments that may result from tax examinations. However, the outcome of tax audits cannot be predicted with certainty. If any issues addressed in the Company’s tax audits are resolved in a manner not consistent with management’s expectations, the Company could be required to adjust its provision for income taxes in the period such resolution occurs. Although timing of the resolution and/or closure of audits is not certain, the Company does not believe it is reasonably possible that its unrecognized tax benefits would materially change in the next 12 months. On June 11, 2014, the European Commission issued an opening decision initiating a formal investigation against Ireland for alleged state aid to the Company. The opening decision concerns the allocation of profits for taxation purposes of the Irish branches of two subsidiaries of the Company. The Company believes the European Commission’s assertions are without merit. If the European Commission were to conclude against Ireland, the European Commission could require Ireland to recover from the Company past taxes covering a period of up to 10 years reflective of the disallowed state aid. While such amount could be material, as of September 26, 2015 the Company is unable to estimate the impact.

Debt

Debt	12 Months Ended
	Sep. 26, 2015
Debt	Note 6 – Debt Commercial Paper In 2014, the Board of Directors authorized the Company to issue unsecured short-term promissory notes (“Commercial Paper”) pursuant to a commercial paper program. The Company intends to use net proceeds from the commercial paper program for general corporate purposes, including dividends and share repurchases. As of September 26, 2015 and September 27, 2014, the Company had $8.5 billion and $6.3 billion of Commercial Paper outstanding, respectively, with a weighted-average interest rate of 0.14% and 0.12%, respectively, and maturities generally less than nine months. The following table provides a summary of cash flows associated with the issuance and maturities of Commercial Paper for 2015 and 2014 (in millions): 2015 2014 Maturities less than 90 days: Proceeds from (repayments of) commercial paper, net $ 5,293 $ 1,865 Maturities greater than 90 days: Proceeds from commercial paper 3,851 4,771 Repayments of commercial paper (6,953 ) (330 ) Maturities greater than 90 days, net (3,102 ) 4,441 Total change in commercial paper, net $ 2,191 $ 6,306 Long-Term Debt As of September 26, 2015, the Company had outstanding floating- and fixed-rate notes with varying maturities for an aggregate principal amount of $55.7 billion (collectively the “Notes”). The Notes are senior unsecured obligations, and interest is payable in arrears, quarterly for the U.S. dollar-denominated and Australian dollar-denominated floating-rate notes, semi-annually for the U.S. dollar-denominated, Australian dollar-denominated, British pound-denominated and Japanese yen-denominated fixed-rate notes and annually for the euro-denominated and Swiss franc-denominated fixed-rate notes. The following table provides a summary of the Company’s term debt as of September 26, 2015 and September 27, 2014: 2015 2014 Maturities Amount Effective Interest Rate Amount Effective Interest Rate 2013 debt issuance of $17.0 billion: Floating-rate notes 2016 – 2018 $ 3,000 0.51% – 1.10% $ 3,000 0.51% – 1.10% Fixed-rate 0.45% – 3.85% notes 2016 – 2043 14,000 0.51% – 3.91% 14,000 0.51% – 3.91% 2014 debt issuance of $12.0 billion: Floating-rate notes 2017 – 2019 2,000 0.37% – 0.60% 2,000 0.31% – 0.54% Fixed-rate 1.05% – 4.45% notes 2017 – 2044 10,000 0.37% – 4.48% 10,000 0.30% – 4.48% First quarter 2015 euro-denominated debt issuance of € Fixed-rate 1.000% notes 2022 1,558 2.94% 0 0 Fixed-rate 1.625% notes 2026 1,558 3.45% 0 0 Second quarter 2015 debt issuance of $6.5 billion: Floating-rate notes 2020 500 0.56% 0 0 Fixed-rate 1.55% notes 2020 1,250 0.56% 0 0 Fixed-rate 2.15% notes 2022 1,250 0.87% 0 0 Fixed-rate 2.50% notes 2025 1,500 2.60% 0 0 Fixed-rate 3.45% notes 2045 2,000 3.58% 0 0 Second quarter 2015 Swiss franc-denominated debt issuance of SFr1.25 billion: Fixed-rate 0.375% notes 2024 895 0.28% 0 0 Fixed-rate 0.750% notes 2030 384 0.74% 0 0 Third quarter 2015 debt issuance of $8.0 billion: Floating-rate notes 2017 250 0.36% 0 0 Floating-rate notes 2020 500 0.61% 0 0 Fixed-rate 0.900% notes 2017 750 0.35% 0 0 Fixed-rate 2.000% notes 2020 1,250 0.61% 0 0 Fixed-rate 2.700% notes 2022 1,250 0.99% 0 0 Fixed-rate 3.200% notes 2025 2,000 1.22% 0 0 Fixed-rate 4.375% notes 2045 2,000 4.40% 0 0 Third quarter 2015 Japanese yen-denominated debt issuance of ¥250.0 billion: Fixed-rate 0.35% notes 2020 2,081 0.35% 0 0 Fourth quarter 2015 British pound-denominated debt issuance of £1.25 billion: Fixed-rate 3.05% notes 2029 1,148 3.79% 0 0 Fixed-rate 3.60% notes 2042 766 4.51% 0 0 Fourth quarter 2015 Australian dollar-denominated debt issuance of A$2.25 billion: Floating-rate notes 2019 493 1.87% 0 0 Fixed-rate 2.85% notes 2019 282 1.89% 0 0 Fixed-rate 3.70% notes 2022 810 2.79% 0 0 Fourth quarter 2015 euro-denominated debt issuance of € Fixed-rate 1.375% notes 2024 1,113 3.30% 0 0 Fixed-rate 2.000% notes 2027 1,113 3.85% 0 0 Total term debt 55,701 29,000 Unamortized discount (114 ) (52 ) Hedge accounting fair value adjustments 376 39 Less: Current portion of long-term debt (2,500 ) 0 Total long-term debt $ 53,463 $ 28,987 To manage foreign currency risk associated with the euro-denominated notes issued in the first quarter of 2015 and the British pound-denominated, Australian dollar-denominated and euro-denominated notes issued in the fourth quarter of 2015, the Company entered into currency swaps with an aggregate notional amount of $3.5 billion, $1.9 billion, $1.6 billion and $2.2 billion, respectively, which effectively converted these notes to U.S. dollar-denominated notes. To manage interest rate risk on the U.S. dollar-denominated fixed-rate notes issued in the second quarter of 2015 and maturing in 2020 and 2022, the Company entered into interest rate swaps with an aggregate notional amount of $2.5 billion. To manage interest rate risk on the U.S. dollar-denominated fixed-rate notes issued in the third quarter of 2015 and maturing in 2017, 2020, 2022 and 2025, the Company entered into interest rate swaps with an aggregate notional amount of $4.3 billion. These interest rate swaps effectively converted the fixed interest rates on the U.S. dollar-denominated notes to a floating interest rate. As of September 26, 2015, ¥250.0 billion of the Japanese yen-denominated notes was designated as a hedge of the foreign currency exposure of its net investment in a foreign operation. The foreign currency transaction gain or loss on the Japanese yen-denominated debt designated as a hedge is recorded in OCI as a part of the cumulative translation adjustment. As of September 26, 2015, the carrying value of the debt designated as a net investment hedge was $2.1 billion. For further discussion regarding the Company’s use of derivative instruments see the Derivative Financial Instruments section of Note 2, “Financial Instruments.” The effective interest rates for the Notes include the interest on the Notes, amortization of the discount and, if applicable, adjustments related to hedging. The Company recognized $722 million, $381 million and $136 million of interest expense on its term debt for 2015, 2014 and 2013, respectively. The future principal payments for the Company’s Notes as of September 26, 2015 are as follows (in millions): 2016 $ 2,500 2017 3,500 2018 6,000 2019 3,775 2020 5,581 Thereafter 34,345 Total term debt $ 55,701 As of September 26, 2015 and September 27, 2014, the fair value of the Company’s Notes, based on Level 2 inputs, was $54.9 billion and $28.5 billion, respectively.

Shareholders' Equity

Shareholders' Equity	12 Months Ended
	Sep. 26, 2015
Shareholders' Equity	Note 7 – Shareholders’ Equity Dividends The Company declared and paid cash dividends per share during the periods presented as follows: Dividends Per Share Amount 2015: Fourth quarter $ 0.52 $ 2,950 Third quarter 0.52 2,997 Second quarter 0.47 2,734 First quarter 0.47 2,750 Total cash dividends declared and paid $ 1.98 $ 11,431 2014: Fourth quarter $ 0.47 $ 2,807 Third quarter 0.47 2,830 Second quarter 0.44 2,655 First quarter 0.44 2,739 Total cash dividends declared and paid $ 1.82 $ 11,031 Future dividends are subject to declaration by the Board of Directors. Share Repurchase Program In the third quarter of 2015, the Company’s Board of Directors increased the share repurchase authorization to $140 billion of the Company’s common stock, of which $104 billion had been utilized as of September 26, 2015. The Company’s share repurchase program does not obligate it to acquire any specific number of shares. Under the program, shares may be repurchased in privately negotiated and/or open market transactions, including under plans complying with Rule 10b5-1 under the Securities Exchange Act of 1934, as amended (the “Exchange Act”). The Company has entered, and in the future may enter, into accelerated share repurchase arrangements (“ASRs”) with financial institutions. In exchange for up-front payments, the financial institutions deliver shares of the Company’s common stock during the purchase periods of each ASR. The total number of shares ultimately delivered, and therefore the average repurchase price paid per share, is determined at the end of the applicable purchase period of each ASR based on the volume weighted-average price of the Company’s common stock during that period. The shares received are retired in the periods they are delivered, and the up-front payments are accounted for as a reduction to shareholders’ equity in the Company’s Consolidated Balance Sheets in the periods the payments are made. The Company reflects the ASRs as a repurchase of common stock in the period delivered for purposes of calculating earnings per share and as forward contracts indexed to its own common stock. The ASRs met all of the applicable criteria for equity classification, and therefore were not accounted for as derivative instruments. The following table shows the Company’s ASR activity and related information during the years ended September 26, 2015 and September 27, 2014: Purchase Date Number of Average ASR May 2015 ASR July 2015 48,293 (1) $ 124.24 $ 6,000 August 2014 ASR February 2015 81,525 (2) $ 110.40 $ 9,000 January 2014 ASR December 2014 134,247 $ 89.39 $ 12,000 April 2013 ASR March 2014 172,548 $ 69.55 $ 12,000 (1) Includes 38.3 million shares delivered and retired at the beginning of the purchase period, which began in the third quarter of 2015 and 10.0 million shares delivered and retired at the end of the purchase period, which concluded in the fourth quarter of 2015. (2) Includes 59.9 million shares delivered and retired at the beginning of the purchase period, which began in the fourth quarter of 2014, 8.3 million net shares delivered and retired in the first quarter of 2015 and 13.3 million shares delivered and retired at the end of the purchase period, which concluded in the second quarter of 2015. Additionally, the Company repurchased shares of its common stock in the open market, which were retired upon repurchase, during the periods presented as follows: Number of Shares Average Repurchase Amount 2015: Fourth quarter 121,802 $ 115.15 $ 14,026 Third quarter 31,231 $ 128.08 4,000 Second quarter 56,400 $ 124.11 7,000 First quarter 45,704 $ 109.40 5,000 Total open market common stock repurchases 255,137 $ 30,026 2014: Fourth quarter 81,255 $ 98.46 $ 8,000 Third quarter 58,661 $ 85.23 5,000 Second quarter 79,749 $ 75.24 6,000 First quarter 66,847 $ 74.79 5,000 Total open market common stock repurchases 286,512 $ 24,000

Comprehensive Income

Comprehensive Income	12 Months Ended
	Sep. 26, 2015
Comprehensive Income	Note 8 – Comprehensive Income Comprehensive income consists of two components, net income and OCI. OCI refers to revenue, expenses, and gains and losses that under GAAP are recorded as an element of shareholders’ equity but are excluded from net income. The Company’s OCI consists of foreign currency translation adjustments from those subsidiaries not using the U.S. dollar as their functional currency, net deferred gains and losses on certain derivative instruments accounted for as cash flow hedges and unrealized gains and losses on marketable securities classified as available-for-sale. The following table shows the pre-tax amounts reclassified from AOCI into the Consolidated Statements of Operations, and the associated financial statement line item, for 2015 and 2014 (in millions): Comprehensive Income Components Financial Statement Line Item 2015 2014 Unrealized (gains)/losses on derivative instruments: Foreign exchange contracts Revenue $ (2,432 ) $ 449 Cost of sales (2,168 ) (295 ) Other income/(expense), net 456 15 Interest rate contracts Other income/(expense), net 17 16 (4,127 ) 185 Unrealized (gains)/losses on marketable securities Other income/(expense), net 91 (205 ) Total amounts reclassified from AOCI $ (4,036 ) $ (20 ) The following table shows the changes in AOCI by component for 2015 (in millions): Cumulative Translation Unrealized Unrealized Total Balance at September 28, 2013 $ (105 ) $ (175 ) $ (191 ) $ (471 ) Other comprehensive income/(loss) before reclassifications (187 ) 1,687 438 1,938 Amounts reclassified from AOCI 0 185 (205 ) (20 ) Tax effect 50 (333 ) (82 ) (365 ) Other comprehensive income/(loss) (137 ) 1,539 151 1,553 Balance at September 27, 2014 (242 ) 1,364 (40 ) 1,082 Other comprehensive income/(loss) before reclassifications (612 ) 3,346 (747 ) 1,987 Amounts reclassified from AOCI 0 (4,127 ) 91 (4,036 ) Tax effect 201 189 232 622 Other comprehensive income/(loss) (411 ) (592 ) (424 ) (1,427 ) Balance at September 26, 2015 $ (653 ) $ 772 $ (464 ) $ (345 )

Benefit Plans

Benefit Plans	12 Months Ended
	Sep. 26, 2015
Benefit Plans	Note 9 – Benefit Plans 2014 Employee Stock Plan In the second quarter of 2014, shareholders approved the 2014 Employee Stock Plan (the “2014 Plan”) and terminated the Company’s authority to grant new awards under the 2003 Employee Stock Plan (the “2003 Plan”). The 2014 Plan provides for broad-based equity grants to employees, including executive officers, and permits the granting of RSUs, stock grants, performance-based awards, stock options and stock appreciation rights, as well as cash bonus awards. RSUs granted under the 2014 Plan generally vest over four years, based on continued employment, and are settled upon vesting in shares of the Company’s common stock on a one-for-one basis. Each share issued with respect to RSUs granted under the 2014 Plan reduces the number of shares available for grant under the plan by two shares. RSUs cancelled and shares withheld to satisfy tax withholding obligations increase the number of shares available for grant under the 2014 Plan utilizing a factor of two times the number of RSUs cancelled or shares withheld. Currently, all RSUs granted under the 2014 Plan have dividend equivalent rights (“DERs”), which entitle holders of RSUs to the same dividend value per share as holders of common stock. DERs are subject to the same vesting and other terms and conditions as the corresponding unvested RSUs. DERs are accumulated and paid when the underlying shares vest. Upon approval of the 2014 Plan, the Company reserved 385 million shares plus the number of shares remaining that were reserved but not issued under the 2003 Plan. Shares subject to outstanding awards under the 2003 Plan that expire, are cancelled or otherwise terminate, or are withheld to satisfy tax withholding obligations with respect to RSUs, will also be available for awards under the 2014 Plan. As of September 26, 2015, approximately 442.9 million shares were reserved for future issuance under the 2014 Plan. 2003 Employee Stock Plan The 2003 Plan is a shareholder approved plan that provided for broad-based equity grants to employees, including executive officers. The 2003 Plan permitted the granting of incentive stock options, nonstatutory stock options, RSUs, stock appreciation rights, stock purchase rights and performance-based awards. Options granted under the 2003 Plan generally expire seven to ten years after the grant date and generally become exercisable over a period of four years, based on continued employment, with either annual, semi-annual or quarterly vesting. RSUs granted under the 2003 Plan generally vest over two to four years, based on continued employment and are settled upon vesting in shares of the Company’s common stock on a one-for-one basis. All RSUs, other than RSUs held by the Chief Executive Officer, granted under the 2003 Plan have DERs. DERs are subject to the same vesting and other terms and conditions as the corresponding unvested RSUs. DERs are accumulated and paid when the underlying shares vest. In the second quarter of 2014, the Company terminated the authority to grant new awards under the 2003 Plan. 1997 Director Stock Plan The 1997 Director Stock Plan (the “Director Plan”) is a shareholder approved plan that (i) permits the Company to grant awards of RSUs or stock options to the Company’s non-employee directors, (ii) provides for automatic initial grants of RSUs upon a non-employee director joining the Board of Directors and automatic annual grants of RSUs at each annual meeting of shareholders, and (iii) permits the Board of Directors to prospectively change the relative mixture of stock options and RSUs for the initial and annual award grants and the methodology for determining the number of shares of the Company’s common stock subject to these grants without shareholder approval. Each share issued with respect to RSUs granted under the Director Plan reduces the number of shares available for grant under the plan by two shares. The Director Plan expires November 9, 2019. All RSUs granted under the Director Plan are entitled to DERs. DERs are subject to the same vesting and other terms and conditions as the corresponding unvested RSUs. DERs are accumulated and paid when the underlying shares vest. As of September 26, 2015, approximately 1.2 million shares were reserved for future issuance under the Director Plan. Rule 10b5-1 Trading Plans During the fourth quarter of 2015, Section 16 officers Timothy D. Cook, Angela Ahrendts, Luca Maestri, Daniel Riccio, Philip Schiller and Jeffrey Williams had equity trading plans in place in accordance with Rule 10b5-1(c)(1) under the Exchange Act. An equity trading plan is a written document that pre-establishes the amounts, prices and dates (or formula for determining the amounts, prices and dates) of future purchases or sales of the Company’s stock, including shares acquired pursuant to the Company’s employee and director equity plans. Employee Stock Purchase Plan The Employee Stock Purchase Plan (the “Purchase Plan”) is a shareholder approved plan under which substantially all employees may purchase the Company’s common stock through payroll deductions at a price equal to 85% of the lower of the fair market values of the stock as of the beginning or the end of six-month offering periods. An employee’s payroll deductions under the Purchase Plan are limited to 10% of the employee’s compensation and employees may not purchase more than $25,000 of stock during any calendar year. As of September 26, 2015, approximately 53.0 million shares were reserved for future issuance under the Purchase Plan. 401(k) Plan The Company’s 401(k) Plan is a deferred salary arrangement under Section 401(k) of the Internal Revenue Code. Under the 401(k) Plan, participating U.S. employees may defer a portion of their pre-tax earnings, up to the IRS annual contribution limit ($18,000 for calendar year 2015). The Company matches 50% to 100% of each employee’s contributions, depending on length of service, up to a maximum 6% of the employee’s eligible earnings. The Company’s matching contributions to the 401(k) Plan were $200 million, $163 million and $135 million in 2015, 2014 and 2013, respectively. Restricted Stock Units A summary of the Company’s RSU activity and related information for 2015, 2014 and 2013, is as follows: Number of RSUs (in thousands) Weighted-Average Grant Date Fair Aggregate (in millions) Balance at September 29, 2012 105,037 $ 49.27 RSUs granted 39,415 $ 78.23 RSUs vested (42,291 ) $ 45.96 RSUs cancelled (8,877 ) $ 57.31 Balance at September 28, 2013 93,284 $ 62.24 RSUs granted 59,269 $ 74.54 RSUs vested (43,111 ) $ 57.29 RSUs cancelled (5,620 ) $ 68.47 Balance at September 27, 2014 103,822 $ 70.98 RSUs granted 45,587 $ 105.51 RSUs vested (41,684 ) $ 71.32 RSUs cancelled (6,258 ) $ 80.34 Balance at September 26, 2015 101,467 $ 85.77 $ 11,639 The fair value as of the respective vesting dates of RSUs was $4.8 billion, $3.4 billion and $3.1 billion for 2015, 2014 and 2013, respectively. The majority of RSUs that vested in 2015, 2014 and 2013 were net-share settled such that the Company withheld shares with value equivalent to the employees’ minimum statutory obligation for the applicable income and other employment taxes, and remitted the cash to the appropriate taxing authorities. The total shares withheld were approximately 14.1 million, 15.6 million and 15.5 million for 2015, 2014 and 2013, respectively, and were based on the value of the RSUs on their respective vesting dates as determined by the Company’s closing stock price. Total payments for the employees’ tax obligations to taxing authorities were $1.6 billion, $1.2 billion and $1.1 billion in 2015, 2014 and 2013, respectively, and are reflected as a financing activity within the Consolidated Statements of Cash Flows. These net-share settlements had the effect of share repurchases by the Company as they reduced the number of shares that would have otherwise been issued as a result of the vesting and did not represent an expense to the Company. Stock Options The Company had 1.2 million stock options outstanding as of September 26, 2015, with a weighted-average exercise price per share of $15.08 and weighted-average remaining contractual term of 4.1 years, substantially all of which are exercisable. The aggregate intrinsic value of the stock options outstanding as of September 26, 2015 was $120 million, which represents the value of the Company’s closing stock price on the last trading day of the period in excess of the weighted-average exercise price multiplied by the number of options outstanding. Total intrinsic value of options at time of exercise was $479 million, $1.5 billion and $1.0 billion for 2015, 2014 and 2013, respectively. Share-based Compensation The following table shows a summary of the share-based compensation expense included in the Consolidated Statements of Operations for 2015, 2014 and 2013 (in millions): 2015 2014 2013 Cost of sales $ 575 $ 450 $ 350 Research and development 1,536 1,216 917 Selling, general and administrative 1,475 1,197 986 Total share-based compensation expense $ 3,586 $ 2,863 $ 2,253 The income tax benefit related to share-based compensation expense was $1.2 billion, $1.0 billion and $816 million for 2015, 2014 and 2013, respectively. As of September 26, 2015, the total unrecognized compensation cost related to outstanding stock options, RSUs and restricted stock was $6.8 billion, which the Company expects to recognize over a weighted-average period of 2.7 years.

Commitments and Contingencies

Commitments and Contingencies	12 Months Ended
	Sep. 26, 2015
Commitments and Contingencies	Note 10 – Commitments and Contingencies Accrued Warranty and Indemnification The following table shows changes in the Company’s accrued warranties and related costs for 2015, 2014 and 2013 (in millions): 2015 2014 2013 Beginning accrued warranty and related costs $ 4,159 $ 2,967 $ 1,638 Cost of warranty claims (4,401 ) (3,760 ) (3,703 ) Accruals for product warranty 5,022 4,952 5,032 Ending accrued warranty and related costs $ 4,780 $ 4,159 $ 2,967 The Company generally does not indemnify end-users of its operating system and application software against legal claims that the software infringes third-party intellectual property rights. Other agreements entered into by the Company sometimes include indemnification provisions under which the Company could be subject to costs and/or damages in the event of an infringement claim against the Company or an indemnified third-party. In the opinion of management, there was not at least a reasonable possibility the Company may have incurred a material loss with respect to indemnification of end-users of its operating system or application software for infringement of third-party intellectual property rights. The Company did not record a liability for infringement costs related to indemnification as of September 26, 2015 or September 27, 2014. In September 2015, the Company introduced the iPhone Upgrade Program, which is available to customers who purchase an iPhone 6s and 6s Plus in one of its U.S. physical retail stores and activate the purchased iPhone with one of the four national carriers. The iPhone Upgrade Program provides customers the right to trade in that iPhone for a new iPhone, provided certain conditions are met. One of the conditions of this program requires the customer to finance the initial purchase price of the iPhone with a third-party lender. Upon exercise of the trade-in right and purchase of a new iPhone, the Company satisfies the customer’s outstanding balance due to the third-party lender on the original device. The Company accounts for the trade-in right as a guarantee liability and recognizes arrangement revenue net of the fair value of such right with subsequent changes to the guarantee liability recognized within revenue. The Company has entered into indemnification agreements with its directors and executive officers. Under these agreements, the Company has agreed to indemnify such individuals to the fullest extent permitted by law against liabilities that arise by reason of their status as directors or officers and to advance expenses incurred by such individuals in connection with related legal proceedings. It is not possible to determine the maximum potential amount of payments the Company could be required to make under these agreements due to the limited history of prior indemnification claims and the unique facts and circumstances involved in each claim. However, the Company maintains directors and officers liability insurance coverage to reduce its exposure to such obligations. Concentrations in the Available Sources of Supply of Materials and Product Although most components essential to the Company’s business are generally available from multiple sources, a number of components are currently obtained from single or limited sources. In addition, the Company competes for various components with other participants in the markets for mobile communication and media devices and personal computers. Therefore, many components used by the Company, including those that are available from multiple sources, are at times subject to industry-wide shortage and significant pricing fluctuations that could materially adversely affect the Company’s financial condition and operating results. The Company uses some custom components that are not commonly used by its competitors, and new products introduced by the Company often utilize custom components available from only one source. When a component or product uses new technologies, initial capacity constraints may exist until the suppliers’ yields have matured or manufacturing capacity has increased. If the Company’s supply of components for a new or existing product were delayed or constrained, or if an outsourcing partner delayed shipments of completed products to the Company, the Company’s financial condition and operating results could be materially adversely affected. The Company’s business and financial performance could also be materially adversely affected depending on the time required to obtain sufficient quantities from the original source, or to identify and obtain sufficient quantities from an alternative source. Continued availability of these components at acceptable prices, or at all, may be affected if those suppliers concentrated on the production of common components instead of components customized to meet the Company’s requirements. The Company has entered into agreements for the supply of many components; however, there can be no guarantee that the Company will be able to extend or renew these agreements on similar terms, or at all. Therefore, the Company remains subject to significant risks of supply shortages and price increases that could materially adversely affect its financial condition and operating results. Substantially all of the Company’s hardware products are manufactured by outsourcing partners that are located primarily in Asia. A significant concentration of this manufacturing is currently performed by a small number of outsourcing partners, often in single locations. Certain of these outsourcing partners are the sole-sourced suppliers of components and manufacturers for many of the Company’s products. Although the Company works closely with its outsourcing partners on manufacturing schedules, the Company’s operating results could be adversely affected if its outsourcing partners were unable to meet their production commitments. The Company’s purchase commitments typically cover its requirements for periods up to 150 days. Other Off-Balance Sheet Commitments Operating Leases The Company leases various equipment and facilities, including retail space, under noncancelable operating lease arrangements. The Company does not currently utilize any other off-balance sheet financing arrangements. The major facility leases are typically for terms not exceeding 10 years and generally contain multi-year renewal options. As of September 26, 2015, the Company had a total of 463 retail stores. Leases for retail space are for terms ranging from five to 20 years, the majority of which are for 10 years, and often contain multi-year renewal options. As of September 26, 2015, the Company’s total future minimum lease payments under noncancelable operating leases were $6.3 billion, of which $3.6 billion related to leases for retail space. Rent expense under all operating leases, including both cancelable and noncancelable leases, was $794 million, $717 million and $645 million in 2015, 2014 and 2013, respectively. Future minimum lease payments under noncancelable operating leases having remaining terms in excess of one year as of September 26, 2015, are as follows (in millions): 2016 $ 772 2017 774 2018 744 2019 715 2020 674 Thereafter 2,592 Total $ 6,271 Other Commitments The Company utilizes several outsourcing partners to manufacture sub-assemblies for the Company’s products and to perform final assembly and testing of finished products. These outsourcing partners acquire components and build product based on demand information supplied by the Company, which typically covers periods up to 150 days. The Company also obtains individual components for its products from a wide variety of individual suppliers. Consistent with industry practice, the Company acquires components through a combination of purchase orders, supplier contracts and open orders based on projected demand information. Where appropriate, the purchases are applied to inventory component prepayments that are outstanding with the respective supplier. As of September 26, 2015, the Company had outstanding off-balance sheet third-party manufacturing commitments and component purchase commitments of $29.5 billion. In addition to the commitments mentioned above, the Company had other off-balance sheet obligations of $7.3 billion as of September 26, 2015 that consisted of commitments to acquire capital assets, including product tooling and manufacturing process equipment, and commitments related to inventory prepayments, advertising, licensing, R&D, internet and telecommunications services, energy and other obligations. Contingencies The Company is subject to various legal proceedings and claims that have arisen in the ordinary course of business and that have not been fully adjudicated, certain of which are discussed in Part I, Item 1A of this Form 10-K under the heading “Risk Factors” and in Part I, Item 3 of this Form 10-K under the heading “Legal Proceedings.” In the opinion of management, there was not at least a reasonable possibility the Company may have incurred a material loss, or a material loss in excess of a recorded accrual, with respect to loss contingencies for asserted legal and other claims. However, the outcome of litigation is inherently uncertain. Therefore, although management considers the likelihood of such an outcome to be remote, if one or more of these legal matters were resolved against the Company in a reporting period for amounts in excess of management’s expectations, the Company’s consolidated financial statements for that reporting period could be materially adversely affected. Apple Inc. v. Samsung Electronics Co., Ltd, et al. On August 24, 2012, a jury returned a verdict awarding the Company $1.05 billion in its lawsuit against Samsung Electronics Co., Ltd and affiliated parties in the United States District Court, Northern District of California, San Jose Division. On March 6, 2014, the District Court entered final judgment in favor of the Company in the amount of approximately $930 million. On May 18, 2015, the U.S. Court of Appeals for the Federal Circuit affirmed in part, and reversed in part, the decision of the District Court. As a result, the Court of Appeals ordered entry of final judgment on damages in the amount of approximately $548 million, with the District Court to determine supplemental damages and interest, as well as damages owed for products subject to the reversal in part. Because the ruling remains subject to further proceedings, the Company has not recognized the award in its results of operations.

Segment Information and Geograp

Segment Information and Geographic Data	12 Months Ended
	Sep. 26, 2015
Segment Information and Geographic Data	Note 11 – Segment Information and Geographic Data The Company reports segment information based on the “management” approach. The management approach designates the internal reporting used by management for making decisions and assessing performance as the source of the Company’s reportable operating segments. The Company manages its business primarily on a geographic basis. The Company’s reportable operating segments consist of the Americas, Europe, Greater China, Japan and Rest of Asia Pacific. The Americas segment includes both North and South America. The Europe segment includes European countries, as well as India, the Middle East and Africa. The Greater China segment includes China, Hong Kong and Taiwan. The Rest of Asia Pacific segment includes Australia and those Asian countries not included in the Company’s other reportable operating segments. Although each reportable operating segment provides similar hardware and software products and similar services, they are managed separately to better align with the location of the Company’s customers and distribution partners and the unique market dynamics of each geographic region. The accounting policies of the various segments are the same as those described in Note 1, “Summary of Significant Accounting Policies.” The Company evaluates the performance of its reportable operating segments based on net sales and operating income. Net sales for geographic segments are generally based on the location of customers and sales through the Company’s retail stores located in those geographic locations. Operating income for each segment includes net sales to third parties, related cost of sales and operating expenses directly attributable to the segment. Advertising expenses are generally included in the geographic segment in which the expenditures are incurred. Operating income for each segment excludes other income and expense and certain expenses managed outside the reportable operating segments. Costs excluded from segment operating income include various corporate expenses such as R&D, corporate marketing expenses, certain share-based compensation expenses, income taxes, various nonrecurring charges and other separately managed general and administrative costs. The Company does not include intercompany transfers between segments for management reporting purposes. The following table shows information by reportable operating segment for 2015, 2014 and 2013 (in millions): 2015 2014 2013 Americas: Net sales $ 93,864 $ 80,095 $ 77,093 Operating income $ 31,186 $ 26,158 $ 24,829 Europe: Net sales $ 50,337 $ 44,285 $ 40,980 Operating income $ 16,527 $ 14,434 $ 12,767 Greater China: Net sales $ 58,715 $ 31,853 $ 27,016 Operating income $ 23,002 $ 11,039 $ 8,499 Japan: Net sales $ 15,706 $ 15,314 $ 13,782 Operating income $ 7,617 $ 6,904 $ 6,668 Rest of Asia Pacific: Net sales $ 15,093 $ 11,248 $ 12,039 Operating income $ 5,518 $ 3,674 $ 3,762 A reconciliation of the Company’s segment operating income to the Consolidated Statements of Operations for 2015, 2014 and 2013 is as follows (in millions): 2015 2014 2013 Segment operating income $ 83,850 $ 62,209 $ 56,525 Research and development expense (8,067 ) (6,041 ) (4,475 ) Other corporate expenses, net (4,553 ) (3,665 ) (3,051 ) Total operating income $ 71,230 $ 52,503 $ 48,999 The U.S. and China were the only countries that accounted for more than 10% of the Company’s net sales in 2015, 2014 and 2013. There was no single customer that accounted for more than 10% of net sales in 2015, 2014 or 2013. Net sales for 2015, 2014 and 2013 and long-lived assets as of September 26, 2015 and September 27, 2014 are as follows (in millions): 2015 2014 2013 Net sales: U.S. $ 81,732 $ 68,909 $ 66,197 China (1) 56,547 30,638 25,946 Other countries 95,436 83,248 78,767 Total net sales $ 233,715 $ 182,795 $ 170,910 2015 2014 Long-lived assets: U.S. $ 12,022 $ 9,108 China (1) 8,722 9,477 Other countries 3,040 2,917 Total long-lived assets $ 23,784 $ 21,502 (1) China includes Hong Kong. Long-lived assets located in China consist primarily of product tooling and manufacturing process equipment and assets related to retail stores and related infrastructure. Net sales by product for 2015, 2014 and 2013 are as follows (in millions): 2015 2014 2013 Net Sales by Product: iPhone (1) $ 155,041 $ 101,991 $ 91,279 iPad (1) 23,227 30,283 31,980 Mac (1) 25,471 24,079 21,483 Services (2) 19,909 18,063 16,051 Other Products (1)(3) 10,067 8,379 10,117 Total net sales $ 233,715 $ 182,795 $ 170,910 (1) Includes deferrals and amortization of related software upgrade rights and non-software services. (2) Includes revenue from the iTunes Store, App Store, Mac App Store, iBooks Store, Apple Music, AppleCare, Apple Pay, licensing and other services. (3) Includes sales of Apple TV, Apple Watch, Beats products, iPod and Apple-branded and third-party accessories.

Selected Quarterly Financial In

Selected Quarterly Financial Information (Unaudited)	12 Months Ended
	Sep. 26, 2015
Selected Quarterly Financial Information (Unaudited)	Note 12 – 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 2015 and 2014 (in millions, except per share amounts): Fourth Quarter Third Quarter Second Quarter First Quarter 2015: Net sales $ 51,501 $ 49,605 $ 58,010 $ 74,599 Gross margin $ 20,548 $ 19,681 $ 23,656 $ 29,741 Net income $ 11,124 $ 10,677 $ 13,569 $ 18,024 Earnings per share (1) Basic $ 1.97 $ 1.86 $ 2.34 $ 3.08 Diluted $ 1.96 $ 1.85 $ 2.33 $ 3.06 Fourth Quarter Third Quarter Second Quarter First Quarter 2014: Net sales $ 42,123 $ 37,432 $ 45,646 $ 57,594 Gross margin $ 16,009 $ 14,735 $ 17,947 $ 21,846 Net income $ 8,467 $ 7,748 $ 10,223 $ 13,072 Earnings per share (1) Basic $ 1.43 $ 1.29 $ 1.67 $ 2.08 Diluted $ 1.42 $ 1.28 $ 1.66 $ 2.07 (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.

Summary of Significant Accoun21

Summary of Significant Accounting Policies (Policies)	12 Months Ended
	Sep. 26, 2015
Basis of Presentation and Preparation	Basis of Presentation and Preparation The accompanying consolidated financial statements include the accounts of the Company. Intercompany accounts and transactions have been eliminated. In the opinion of the Company’s management, the consolidated financial statements reflect all adjustments, which are normal and recurring in nature, necessary for fair financial statement presentation. The preparation of these consolidated financial statements in conformity with U.S. generally accepted accounting principles (“GAAP”) requires management to make estimates and assumptions that affect the amounts reported in these consolidated financial statements and accompanying notes. Actual results could differ materially from those estimates. The Company’s fiscal year is the 52 or 53-week period that ends on the last Saturday of September. The Company’s fiscal years 2015, 2014 and 2013 ended on September 26, 2015, September 27, 2014 and September 28, 2013, respectively. An additional week is included in the first fiscal quarter approximately every six years to realign fiscal quarters with calendar quarters. Fiscal years 2015, 2014 and 2013 each spanned 52 weeks. Unless otherwise stated, references to particular years, quarters, months and periods refer to the Company’s fiscal years ended in September and the associated quarters, months and periods of those fiscal years.
Revenue Recognition	Revenue Recognition Net sales consist primarily of revenue from the sale of hardware, software, digital content and applications, accessories, and service and support contracts. The Company recognizes revenue when persuasive evidence of an arrangement exists, delivery has occurred, the sales price is fixed or determinable and collection is probable. Product is considered delivered to the customer once it has been shipped and title, risk of loss and rewards of ownership have been transferred. For most of the Company’s product sales, these criteria are met at the time the product is shipped. For online sales to individuals, for some sales to education customers in the U.S., and for certain other sales, the Company defers revenue until the customer receives the product because the Company retains a portion of the risk of loss on these sales during transit. For payment terms in excess of the Company’s standard payment terms, revenue is recognized as payments become due unless the Company has positive evidence that the sales price is fixed or determinable, such as a successful history of collection, without concession, on comparable arrangements. The Company recognizes revenue from the sale of hardware products, software bundled with hardware that is essential to the functionality of the hardware and third-party digital content sold on the iTunes Store in accordance with general revenue recognition accounting guidance. The Company recognizes revenue in accordance with industry specific software accounting guidance for the following types of sales transactions: (i) standalone sales of software products, (ii) sales of software upgrades and (iii) sales of software bundled with hardware not essential to the functionality of the hardware. For the sale of most third-party products, the Company recognizes revenue based on the gross amount billed to customers because the Company establishes its own pricing for such products, retains related inventory risk for physical products, is the primary obligor to the customer and assumes the credit risk for amounts billed to its customers. For third-party applications sold through the App Store and Mac App Store and certain digital content sold through the iTunes Store, the Company does not determine the selling price of the products and is not the primary obligor to the customer. Therefore, the Company accounts for such sales on a net basis by recognizing in net sales only the commission it retains from each sale. The portion of the gross amount billed to customers that is remitted by the Company to third-party app developers and certain digital content owners is not reflected in the Company’s Consolidated Statements of Operations. The Company records deferred revenue when it receives payments in advance of the delivery of products or the performance of services. This includes amounts that have been deferred for unspecified and specified software upgrade rights and non-software services that are attached to hardware and software products. The Company sells gift cards redeemable at its retail and online stores, and also sells gift cards redeemable on iTunes Store, App Store, Mac App Store and iBooks Store for the purchase of digital content and software. The Company records deferred revenue upon the sale of the card, which is relieved upon redemption of the card by the customer. Revenue from AppleCare service and support contracts is deferred and recognized over the service coverage periods. AppleCare service and support contracts typically include extended phone support, repair services, web-based support resources and diagnostic tools offered under the Company’s standard limited warranty. The Company records reductions to revenue for estimated commitments related to price protection and other customer incentive programs. For transactions involving price protection, the Company recognizes revenue net of the estimated amount to be refunded. For the Company’s other customer incentive programs, the estimated cost of these programs is recognized at the later of the date at which the Company has sold the product or the date at which the program is offered. The Company also records reductions to revenue for expected future product returns based on the Company’s historical experience. Revenue is recorded net of taxes collected from customers that are remitted to governmental authorities, with the collected taxes recorded as current liabilities until remitted to the relevant government authority. Revenue Recognition for Arrangements with Multiple Deliverables For multi-element arrangements that include hardware products containing software essential to the hardware product’s functionality, undelivered software elements that relate to the hardware product’s essential software, and undelivered non-software services, the Company allocates revenue to all deliverables based on their relative selling prices. In such circumstances, the Company uses a hierarchy to determine the selling price to be used for allocating revenue to deliverables: (i) vendor-specific objective evidence of fair value (“VSOE”), (ii) third-party evidence of selling price (“TPE”) and (iii) best estimate of selling price (“ESP”). VSOE generally exists only when the Company sells the deliverable separately and is the price actually charged by the Company for that deliverable. ESPs reflect the Company’s best estimates of what the selling prices of elements would be if they were sold regularly on a stand-alone basis. For multi-element arrangements accounted for in accordance with industry specific software accounting guidance, the Company allocates revenue to all deliverables based on the VSOE of each element, and if VSOE does not exist revenue is recognized when elements lacking VSOE are delivered. For sales of qualifying versions of iPhone, iPad and iPod touch (“iOS devices”), Mac, Apple Watch and Apple TV, the Company has indicated it may from time to time provide future unspecified software upgrades to the device’s essential software and/or non-software services free of charge. The Company has identified up to three deliverables regularly included in arrangements involving the sale of these devices. The first deliverable, which represents the substantial portion of the allocated sales price, is the hardware and software essential to the functionality of the hardware device delivered at the time of sale. The second deliverable is the embedded right included with qualifying devices to receive on a when-and-if-available basis, future unspecified software upgrades relating to the product’s essential software. The third deliverable is the non-software services to be provided to qualifying devices. The Company allocates revenue between these deliverables using the relative selling price method. Because the Company has neither VSOE nor TPE for these deliverables, the allocation of revenue is based on the Company’s ESPs. Revenue allocated to the delivered hardware and the related essential software is recognized at the time of sale provided the other conditions for revenue recognition have been met. Revenue allocated to the embedded unspecified software upgrade rights and the non-software services is deferred and recognized on a straight-line basis over the estimated period the software upgrades and non-software services are expected to be provided. Cost of sales related to delivered hardware and related essential software, including estimated warranty costs, are recognized at the time of sale. Costs incurred to provide non-software services are recognized as cost of sales as incurred, and engineering and sales and marketing costs are recognized as operating expenses as incurred. The Company’s process for determining its ESP for deliverables without VSOE or TPE considers multiple factors that may vary depending upon the unique facts and circumstances related to each deliverable including, where applicable, prices charged by the Company and market trends in the pricing for similar offerings, product specific business objectives, length of time a particular version of a device has been available, estimated cost to provide the non-software services and the relative ESP of the upgrade rights and non-software services as compared to the total selling price of the product. Beginning in September 2015, the Company reduced the combined ESPs for iOS devices and Mac between $5 and $10 to reflect the increase in competitive offers for similar products at little to no cost for users, which reduces the amount the Company could reasonably charge for these deliverables on a standalone basis.
Shipping Costs	Shipping Costs Amounts billed to customers related to shipping and handling are classified as revenue, and the Company’s shipping and handling costs are classified as cost of sales.
Warranty Costs	Warranty Costs The Company generally provides for the estimated cost of hardware and software warranties at the time the related revenue is recognized. The Company assesses the adequacy of its accrued warranty liabilities and adjusts the amounts as necessary based on actual experience and changes in future estimates.
Software Development Costs	Software Development Costs Research and development (“R&D”) costs are expensed as incurred. Development costs of computer software to be sold, leased, or otherwise marketed are subject to capitalization beginning when a product’s technological feasibility has been established and ending when a product is available for general release to customers. In most instances, the Company’s products are released soon after technological feasibility has been established and as a result software development costs were expensed as incurred.
Advertising Costs	Advertising Costs Advertising costs are expensed as incurred and included in selling, general and administrative expenses. Advertising expense was $1.8 billion, $1.2 billion and $1.1 billion for 2015, 2014 and 2013, respectively.
Share-based Compensation	Share-based Compensation The Company recognizes expense related to share-based payment transactions in which it receives employee services in exchange for (a) equity instruments of the Company or (b) liabilities that are based on the fair value of the Company’s equity instruments or that may be settled by the issuance of such equity instruments. Share-based compensation cost for restricted stock and restricted stock units (“RSUs”) is measured based on the closing fair market value of the Company’s common stock on the date of grant. The Company recognizes share-based compensation cost over the award’s requisite service period on a straight-line basis for time-based RSUs and on a graded basis for RSUs that are contingent on the achievement of performance conditions. The Company recognizes a benefit from share-based compensation in the Consolidated Statements of Shareholders’ Equity if an excess tax benefit is realized. In addition, the Company recognizes the indirect effects of share-based compensation on R&D tax credits, foreign tax credits and domestic manufacturing deductions in the Consolidated Statements of Operations. Further information regarding share-based compensation can be found in Note 9, “Benefit Plans.”
Income Taxes	Income Taxes The provision for income taxes is computed using the asset and liability method, under which deferred tax assets and liabilities are recognized for the expected future tax consequences of temporary differences between the financial reporting and tax bases of assets and liabilities and for operating losses and tax credit carryforwards. Deferred tax assets and liabilities are measured using the currently enacted tax rates that apply to taxable income in effect for the years in which those tax assets and liabilities are expected to be realized or settled. The Company records a valuation allowance to reduce deferred tax assets to the amount that is believed more likely than not to be realized. The Company recognizes the tax benefit from an uncertain tax position only if it is more likely than not the tax position will be sustained on examination by the taxing authorities, based on the technical merits of the position. The tax benefits recognized in the financial statements from such positions are then measured based on the largest benefit that has a greater than 50% likelihood of being realized upon settlement. See Note 5, “Income Taxes” for additional information.
Earnings Per Share	Earnings Per Share Basic earnings per share is computed by dividing income available to common shareholders by the weighted-average number of shares of common stock outstanding during the period. Diluted earnings per share is computed by dividing income available to common shareholders by the weighted-average number of shares of common stock outstanding during the period increased to include the number of additional shares of common stock that would have been outstanding if the potentially dilutive securities had been issued. Potentially dilutive securities include outstanding stock options, shares to be purchased under the Company’s employee stock purchase plan, unvested restricted stock and unvested RSUs. The dilutive effect of potentially dilutive securities is reflected in diluted earnings per share by application of the treasury stock method. Under the treasury stock method, an increase in the fair market value of the Company’s common stock can result in a greater dilutive effect from potentially dilutive securities. The following table shows the computation of basic and diluted earnings per share for 2015, 2014 and 2013 (net income in millions and shares in thousands): 2015 2014 2013 Numerator: Net income $ 53,394 $ 39,510 $ 37,037 Denominator: Weighted-average shares outstanding 5,753,421 6,085,572 6,477,320 Effect of dilutive securities 39,648 37,091 44,314 Weighted-average diluted shares 5,793,069 6,122,663 6,521,634 Basic earnings per share $ 9.28 $ 6.49 $ 5.72 Diluted earnings per share $ 9.22 $ 6.45 $ 5.68 Potentially dilutive securities whose effect would have been antidilutive are excluded from the computation of diluted earnings per share.
Cash Equivalents and Marketable Securities	Cash Equivalents and Marketable Securities All highly liquid investments with maturities of three months or less at the date of purchase are classified as cash equivalents. The Company’s marketable debt and equity securities have been classified and accounted for as available-for-sale.
Derivative Financial Instruments	Derivative Financial Instruments The Company accounts for its derivative instruments as either assets or liabilities and carries them at fair value. For derivative instruments that hedge the exposure to variability in expected future cash flows that are designated as cash flow hedges, the effective portion of the gain or loss on the derivative instrument is reported as a component of AOCI in shareholders’ equity and reclassified into earnings in the same period or periods during which the hedged transaction affects earnings. The ineffective portion of the gain or loss on the derivative instrument, if any, is recognized in earnings in the current period. To receive hedge accounting treatment, cash flow hedges must be highly effective in offsetting changes to expected future cash flows on hedged transactions. For options designated as cash flow hedges, changes in the time value are excluded from the assessment of hedge effectiveness and are recognized in earnings. For derivative instruments that hedge the exposure to changes in the fair value of an asset or a liability and that are designated as fair value hedges, both the net gain or loss on the derivative instrument as well as the offsetting gain or loss on the hedged item are recognized in earnings in the current period. For derivative instruments and foreign currency debt that hedge the exposure to changes in foreign currency exchange rates used for translation of the net investment in a foreign operation and that are designated as a net investment hedge, the net gain or loss on the effective portion of the derivative instrument is reported in the same manner as a foreign currency translation adjustment. For forward exchange contracts designated as net investment hedges, the Company excludes changes in fair value relating to changes in the forward carry component from its definition of effectiveness. Accordingly, any gains or losses related to this forward carry component are recognized in earnings in the current period. Derivatives that do not qualify as hedges are adjusted to fair value through earnings in the current period.
Allowance for Doubtful Accounts	Allowance for Doubtful Accounts The Company records its allowance for doubtful accounts based upon its assessment of various factors, including historical experience, age of the accounts receivable balances, credit quality of the Company’s customers, current economic conditions and other factors that may affect the customers’ ability to pay.
Inventories	Inventories Inventories are stated at the lower of cost, computed using the first-in, first-out method and net realizable value. Any adjustments to reduce the cost of inventories to their net realizable value are recognized in earnings in the current period. As of September 26, 2015 and September 27, 2014, the Company’s inventories consist primarily of finished goods.
Property, Plant and Equipment	Property, Plant and Equipment Property, plant and equipment are stated at cost. Depreciation is computed by use of the straight-line
Long-Lived Assets Including Goodwill and Other Acquired Intangible Assets	Long-Lived Assets Including Goodwill and Other Acquired Intangible Assets The Company reviews property, plant and equipment, inventory component prepayments and certain identifiable intangibles, excluding goodwill, for impairment. Long-lived assets are reviewed for impairment whenever events or changes in circumstances indicate the carrying amount of an asset may not be recoverable. Recoverability of these assets is measured by comparison of their carrying amounts to future undiscounted cash flows the assets are expected to generate. If property, plant and equipment, inventory component prepayments and certain identifiable intangibles are considered to be impaired, the impairment to be recognized equals the amount by which the carrying value of the assets exceeds its fair value. The Company does not amortize goodwill and intangible assets with indefinite useful lives, rather such assets are required to be tested for impairment at least annually or sooner whenever events or changes in circumstances indicate that the assets may be impaired. The Company performs its goodwill and intangible asset impairment tests in the fourth quarter of each year. The Company did not recognize any impairment charges related to goodwill or indefinite lived intangible assets during 2015, 2014 and 2013. The Company established reporting units based on its current reporting structure. For purposes of testing goodwill for impairment, goodwill has been allocated to these reporting units to the extent it relates to each reporting unit. In 2015 and 2014, the Company’s goodwill was primarily allocated to the Americas and Europe reporting units. The Company amortizes its intangible assets with definite useful lives over their estimated useful lives and reviews these assets for impairment. The Company typically amortizes its acquired intangible assets with definite useful lives over periods from three to seven years.
Fair Value Measurements	Fair Value Measurements The Company applies fair value accounting for all financial assets and liabilities and non-financial assets and liabilities that are recognized or disclosed at fair value in the financial statements on a recurring basis. The Company defines fair value as the price that would be received from selling an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date. When determining the fair value measurements for assets and liabilities, which are required to be recorded at fair value, the Company considers the principal or most advantageous market in which the Company would transact and the market-based risk measurements or assumptions that market participants would use in pricing the asset or liability, such as risks inherent in valuation techniques, transfer restrictions and credit risk. Fair value is estimated by applying the following hierarchy, which prioritizes the inputs used to measure fair value into three levels and bases the categorization within the hierarchy upon the lowest level of input that is available and significant to the fair value measurement: Level 1 Level 2 Level 3 The Company’s valuation techniques used to measure the fair value of money market funds and certain marketable equity securities were derived from quoted prices in active markets for identical assets or liabilities. The valuation techniques used to measure the fair value of the Company’s debt instruments and all other financial instruments, all of which have counterparties with high credit ratings, were valued based on quoted market prices or model driven valuations using significant inputs derived from or corroborated by observable market data. In accordance with the fair value accounting requirements, companies may choose to measure eligible financial instruments and certain other items at fair value. The Company has not elected the fair value option for any eligible financial instruments.
Foreign Currency Translation and Remeasurement	Foreign Currency Translation and Remeasurement The Company translates the assets and liabilities of its non-U.S. dollar functional currency subsidiaries into U.S. dollars using exchange rates in effect at the end of each period. Revenue and expenses for these subsidiaries are translated using rates that approximate those in effect during the period. Gains and losses from these translations are recognized in foreign currency translation included in AOCI in shareholders’ equity. The Company’s subsidiaries that use the U.S. dollar as their functional currency remeasure monetary assets and liabilities at exchange rates in effect at the end of each period, and inventories, property and nonmonetary assets and liabilities at historical rates.

Summary of Significant Accoun22

Summary of Significant Accounting Policies (Tables)	12 Months Ended
	Sep. 26, 2015
Computation of Basic and Diluted Earnings Per Share	The following table shows the computation of basic and diluted earnings per share for 2015, 2014 and 2013 (net income in millions and shares in thousands): 2015 2014 2013 Numerator: Net income $ 53,394 $ 39,510 $ 37,037 Denominator: Weighted-average shares outstanding 5,753,421 6,085,572 6,477,320 Effect of dilutive securities 39,648 37,091 44,314 Weighted-average diluted shares 5,793,069 6,122,663 6,521,634 Basic earnings per share $ 9.28 $ 6.49 $ 5.72 Diluted earnings per share $ 9.22 $ 6.45 $ 5.68

Financial Instruments (Tables)

Financial Instruments (Tables)	12 Months Ended
	Sep. 26, 2015
Cash and Available-for-Sale Securities' Adjusted Cost, Gross Unrealized Gains, Gross Unrealized Losses and Fair Value Recorded as Cash and Cash Equivalents or Short-Term or Long-Term Marketable Securities	The following tables show the Company’s cash and available-for-sale 2015 Adjusted Cost Unrealized Gains Unrealized Losses Fair Value Cash and Short-Term Long-Term Cash $ 11,389 $ 0 $ 0 $ 11,389 $ 11,389 $ 0 $ 0 Level 1: Money market funds 1,798 0 0 1,798 1,798 0 0 Mutual funds 1,772 0 (144 ) 1,628 0 1,628 0 Subtotal 3,570 0 (144 ) 3,426 1,798 1,628 0 Level 2: U.S. Treasury securities 34,902 181 (1 ) 35,082 0 3,498 31,584 U.S. agency securities 5,864 14 0 5,878 841 767 4,270 Non-U.S. government securities 6,356 45 (167 ) 6,234 43 135 6,056 Certificates of deposit and time deposits 4,347 0 0 4,347 2,065 1,405 877 Commercial paper 6,016 0 0 6,016 4,981 1,035 0 Corporate securities 116,908 242 (985 ) 116,165 3 11,948 104,214 Municipal securities 947 5 0 952 0 48 904 Mortgage- and asset-backed securities 16,121 87 (31 ) 16,177 0 17 16,160 Subtotal 191,461 574 (1,184 ) 190,851 7,933 18,853 164,065 Total $ 206,420 $ 574 $ (1,328 ) $ 205,666 $ 21,120 $ 20,481 $ 164,065 2014 Adjusted Cost Unrealized Gains Unrealized Losses Fair Value Cash and Short-Term Long-Term Cash $ 10,232 $ 0 $ 0 $ 10,232 $ 10,232 $ 0 $ 0 Level 1: Money market funds 1,546 0 0 1,546 1,546 0 0 Mutual funds 2,531 1 (132 ) 2,400 0 2,400 0 Subtotal 4,077 1 (132 ) 3,946 1,546 2,400 0 Level 2: U.S. Treasury securities 23,140 15 (9 ) 23,146 12 607 22,527 U.S. agency securities 7,373 3 (11 ) 7,365 652 157 6,556 Non-U.S. government securities 6,925 69 (69 ) 6,925 0 204 6,721 Certificates of deposit and time deposits 3,832 0 0 3,832 1,230 1,233 1,369 Commercial paper 475 0 0 475 166 309 0 Corporate securities 85,431 296 (241 ) 85,486 6 6,298 79,182 Municipal securities 940 8 0 948 0 0 948 Mortgage- and asset-backed securities 12,907 26 (49 ) 12,884 0 25 12,859 Subtotal 141,023 417 (379 ) 141,061 2,066 8,833 130,162 Total $ 155,332 $ 418 $ (511 ) $ 155,239 $ 13,844 $ 11,233 $ 130,162
Cash and Available-for-Sale Securities' Adjusted Cost, Gross Unrealized Gains, Gross Unrealized Losses and Fair Value Recorded as Cash and Cash Equivalents or Short-Term or Long-Term Marketable Securities	The following tables show the Company’s cash and available-for-sale 2015 Adjusted Cost Unrealized Gains Unrealized Losses Fair Value Cash and Short-Term Long-Term Cash $ 11,389 $ 0 $ 0 $ 11,389 $ 11,389 $ 0 $ 0 Level 1: Money market funds 1,798 0 0 1,798 1,798 0 0 Mutual funds 1,772 0 (144 ) 1,628 0 1,628 0 Subtotal 3,570 0 (144 ) 3,426 1,798 1,628 0 Level 2: U.S. Treasury securities 34,902 181 (1 ) 35,082 0 3,498 31,584 U.S. agency securities 5,864 14 0 5,878 841 767 4,270 Non-U.S. government securities 6,356 45 (167 ) 6,234 43 135 6,056 Certificates of deposit and time deposits 4,347 0 0 4,347 2,065 1,405 877 Commercial paper 6,016 0 0 6,016 4,981 1,035 0 Corporate securities 116,908 242 (985 ) 116,165 3 11,948 104,214 Municipal securities 947 5 0 952 0 48 904 Mortgage- and asset-backed securities 16,121 87 (31 ) 16,177 0 17 16,160 Subtotal 191,461 574 (1,184 ) 190,851 7,933 18,853 164,065 Total $ 206,420 $ 574 $ (1,328 ) $ 205,666 $ 21,120 $ 20,481 $ 164,065 2014 Adjusted Cost Unrealized Gains Unrealized Losses Fair Value Cash and Short-Term Long-Term Cash $ 10,232 $ 0 $ 0 $ 10,232 $ 10,232 $ 0 $ 0 Level 1: Money market funds 1,546 0 0 1,546 1,546 0 0 Mutual funds 2,531 1 (132 ) 2,400 0 2,400 0 Subtotal 4,077 1 (132 ) 3,946 1,546 2,400 0 Level 2: U.S. Treasury securities 23,140 15 (9 ) 23,146 12 607 22,527 U.S. agency securities 7,373 3 (11 ) 7,365 652 157 6,556 Non-U.S. government securities 6,925 69 (69 ) 6,925 0 204 6,721 Certificates of deposit and time deposits 3,832 0 0 3,832 1,230 1,233 1,369 Commercial paper 475 0 0 475 166 309 0 Corporate securities 85,431 296 (241 ) 85,486 6 6,298 79,182 Municipal securities 940 8 0 948 0 0 948 Mortgage- and asset-backed securities 12,907 26 (49 ) 12,884 0 25 12,859 Subtotal 141,023 417 (379 ) 141,061 2,066 8,833 130,162 Total $ 155,332 $ 418 $ (511 ) $ 155,239 $ 13,844 $ 11,233 $ 130,162
Derivative Instruments at Gross Fair Value	The following tables show the Company’s derivative instruments at gross fair value as of September 26, 2015 and September 27, 2014 (in millions): 2015 Fair Value of Fair Value of Total Fair Value Derivative assets (1) Foreign exchange contracts $ 1,442 $ 109 $ 1,551 Interest rate contracts $ 394 $ 0 $ 394 Derivative liabilities (2) Foreign exchange contracts $ 905 $ 94 $ 999 Interest rate contracts $ 13 $ 0 $ 13 2014 Fair Value of Fair Value of Total Fair Value Derivative assets (1) Foreign exchange contracts $ 1,332 $ 222 $ 1,554 Interest rate contracts $ 81 $ 0 $ 81 Derivative liabilities (2) Foreign exchange contracts $ 41 $ 40 $ 81 (1) The fair value of derivative assets is measured using Level 2 fair value inputs and is recorded as other current assets in the Consolidated Balance Sheets. (2) The fair value of derivative liabilities is measured using Level 2 fair value inputs and is recorded as accrued expenses in the Consolidated Balance Sheets.
Pre-Tax Gains and Losses of Derivative and Non-Derivative Instruments Designated as Cash Flow, Net Investment and Fair Value Hedges	The following table shows the pre-tax gains and losses of the Company’s derivative and non-derivative instruments designated as cash flow, net investment and fair value hedges on OCI and the Consolidated Statements of Operations for 2015, 2014 and 2013 (in millions): 2015 2014 2013 Gains/(Losses) recognized in OCI – effective portion: Cash flow hedges: Foreign exchange contracts $ 3,592 $ 1,750 $ 891 Interest rate contracts (111 ) (15 ) 12 Total $ 3,481 $ 1,735 $ 903 Net investment hedges: Foreign exchange contracts $ 167 $ 53 $ 143 Foreign currency debt (71 ) 0 0 Total $ 96 $ 53 $ 143 Gains/(Losses) reclassified from AOCI into net income – effective portion: Cash flow hedges: Foreign exchange contracts $ 4,092 $ (154 ) $ 676 Interest rate contracts (17 ) (16 ) (6 ) Total $ 4,075 $ (170 ) $ 670 Gains/(Losses) on derivative instruments: Fair value hedges: Interest rate contracts $ 337 $ 39 $ 0 Gains/(Losses) related to hedged items: Fair value hedges: Interest rate contracts $ (337 ) $ (39 ) $ 0
Notional Amounts of Outstanding Derivative Instruments and Credit Risk Amounts Associated with Outstanding or Unsettled Derivative Instruments	The following table shows the notional amounts of the Company’s outstanding derivative instruments and credit risk amounts associated with outstanding or unsettled derivative instruments as of September 26, 2015 and September 27, 2014 (in millions): 2015 2014 Notional Credit Risk Notional Credit Risk Instruments designated as accounting hedges: Foreign exchange contracts $ 70,054 $ 1,385 $ 42,945 $ 1,333 Interest rate contracts $ 18,750 $ 394 $ 12,000 $ 89 Instruments not designated as accounting hedges: Foreign exchange contracts $ 49,190 $ 109 $ 38,510 $ 222

Consolidated Financial Statem24

Consolidated Financial Statement Details (Tables)	12 Months Ended
	Sep. 26, 2015
Property, Plant and Equipment, Net	Property, Plant and Equipment, Net 2015 2014 Land and buildings $ 6,956 $ 4,863 Machinery, equipment and internal-use software 37,038 29,639 Leasehold improvements 5,263 4,513 Gross property, plant and equipment 49,257 39,015 Accumulated depreciation and amortization (26,786 ) (18,391 ) Total property, plant and equipment, net $ 22,471 $ 20,624
Other Non-Current Liabilities	Other Non-Current Liabilities 2015 2014 Deferred tax liabilities $ 24,062 $ 20,259 Other non-current liabilities 9,365 4,567 Total other non-current liabilities $ 33,427 $ 24,826
Other Income/(Expense), Net	Other Income/(Expense), Net The following table shows the detail of other income/(expense), net for 2015, 2014 and 2013 (in millions): 2015 2014 2013 Interest and dividend income $ 2,921 $ 1,795 $ 1,616 Interest expense (733 ) (384 ) (136 ) Other expense, net (903 ) (431 ) (324 ) Total other income/(expense), net $ 1,285 $ 980 $ 1,156

Goodwill and Other Intangible25

Goodwill and Other Intangible Assets (Tables)	12 Months Ended
	Sep. 26, 2015
Components of Gross and Net Intangible Asset Balances	The following table summarizes the components of gross and net intangible asset balances as of September 26, 2015 and September 27, 2014 (in millions): 2015 2014 Gross Accumulated Net Carrying Gross Accumulated Net Carrying Definite-lived and amortizable acquired intangible assets $ 8,125 $ (4,332 ) $ 3,793 $ 7,127 $ (3,085 ) $ 4,042 Indefinite-lived and non-amortizable acquired intangible assets 100 0 100 100 0 100 Total acquired intangible assets $ 8,225 $ (4,332 ) $ 3,893 $ 7,227 $ (3,085 ) $ 4,142
Components of Gross and Net Intangible Asset Balances	The following table summarizes the components of gross and net intangible asset balances as of September 26, 2015 and September 27, 2014 (in millions): 2015 2014 Gross Accumulated Net Carrying Gross Accumulated Net Carrying Definite-lived and amortizable acquired intangible assets $ 8,125 $ (4,332 ) $ 3,793 $ 7,127 $ (3,085 ) $ 4,042 Indefinite-lived and non-amortizable acquired intangible assets 100 0 100 100 0 100 Total acquired intangible assets $ 8,225 $ (4,332 ) $ 3,893 $ 7,227 $ (3,085 ) $ 4,142
Expected Annual Amortization Expense Related to Acquired Intangible Assets	The expected annual amortization expense related to acquired intangible assets as of September 26, 2015, is as follows (in millions): 2016 $ 1,288 2017 1,033 2018 786 2019 342 2020 166 Thereafter 178 Total $ 3,793

Income Taxes (Tables)

Income Taxes (Tables)	12 Months Ended
	Sep. 26, 2015
Provision for Income Taxes	The provision for income taxes for 2015, 2014 and 2013, consisted of the following (in millions): 2015 2014 2013 Federal: Current $ 11,730 $ 8,624 $ 9,334 Deferred 3,408 3,183 1,878 15,138 11,807 11,212 State: Current 1,265 855 1,084 Deferred (220 ) (178 ) (311 ) 1,045 677 773 Foreign: Current 4,744 2,147 1,559 Deferred (1,806 ) (658 ) (426 ) 2,938 1,489 1,133 Provision for income taxes $ 19,121 $ 13,973 $ 13,118
Reconciliation of Provision for Income Taxes	A reconciliation of the provision for income taxes, with the amount computed by applying the statutory federal income tax rate (35% in 2015, 2014 and 2013) to income before provision for income taxes for 2015, 2014 and 2013, is as follows (dollars in millions): 2015 2014 2013 Computed expected tax $ 25,380 $ 18,719 $ 17,554 State taxes, net of federal effect 680 469 508 Indefinitely invested earnings of foreign subsidiaries (6,470 ) (4,744 ) (4,614 ) Domestic production activities deduction (426 ) (495 ) (308 ) Research and development credit, net (171 ) (88 ) (287 ) Other 128 112 265 Provision for income taxes $ 19,121 $ 13,973 $ 13,118 Effective tax rate 26.4% 26.1% 26.2%
Significant Components of Deferred Tax Assets and Liabilities	As of September 26, 2015 and September 27, 2014, the significant components of the Company’s deferred tax assets and liabilities were (in millions): 2015 2014 Deferred tax assets: Accrued liabilities and other reserves $ 4,205 $ 3,326 Basis of capital assets and investments 2,238 898 Deferred revenue 1,941 1,787 Deferred cost sharing 667 0 Share-based compensation 575 454 Unrealized losses 564 130 Other 721 227 Total deferred tax assets, net of valuation allowance of $0 10,911 6,822 Deferred tax liabilities: Unremitted earnings of foreign subsidiaries 26,868 21,544 Other 303 398 Total deferred tax liabilities 27,171 21,942 Net deferred tax liabilities $ (16,260 ) $ (15,120 )
Aggregate Changes in Gross Unrecognized Tax Benefits Excluding Interest and Penalties	The aggregate changes in the balance of gross unrecognized tax benefits, which excludes interest and penalties, for 2015, 2014 and 2013, is as follows (in millions): 2015 2014 2013 Beginning Balance $ 4,033 $ 2,714 $ 2,062 Increases related to tax positions taken during a prior year 2,056 1,295 745 Decreases related to tax positions taken during a prior year (345 ) (280 ) (118 ) Increases related to tax positions taken during the current year 1,278 882 626 Decreases related to settlements with taxing authorities (109 ) (574 ) (592 ) Decreases related to expiration of statute of limitations (13 ) (4 ) (9 ) Ending Balance $ 6,900 $ 4,033 $ 2,714

Debt (Tables)

Debt (Tables)	12 Months Ended
	Sep. 26, 2015
Summary of Cash Flows Associated With Issuance and Maturities of Commercial Paper	The following table provides a summary of cash flows associated with the issuance and maturities of Commercial Paper for 2015 and 2014 (in millions): 2015 2014 Maturities less than 90 days: Proceeds from (repayments of) commercial paper, net $ 5,293 $ 1,865 Maturities greater than 90 days: Proceeds from commercial paper 3,851 4,771 Repayments of commercial paper (6,953 ) (330 ) Maturities greater than 90 days, net (3,102 ) 4,441 Total change in commercial paper, net $ 2,191 $ 6,306
Summary of Term Debt	The following table provides a summary of the Company’s term debt as of September 26, 2015 and September 27, 2014: 2015 2014 Maturities Amount Effective Interest Rate Amount Effective Interest Rate 2013 debt issuance of $17.0 billion: Floating-rate notes 2016 – 2018 $ 3,000 0.51% – 1.10% $ 3,000 0.51% – 1.10% Fixed-rate 0.45% – 3.85% notes 2016 – 2043 14,000 0.51% – 3.91% 14,000 0.51% – 3.91% 2014 debt issuance of $12.0 billion: Floating-rate notes 2017 – 2019 2,000 0.37% – 0.60% 2,000 0.31% – 0.54% Fixed-rate 1.05% – 4.45% notes 2017 – 2044 10,000 0.37% – 4.48% 10,000 0.30% – 4.48% First quarter 2015 euro-denominated debt issuance of € Fixed-rate 1.000% notes 2022 1,558 2.94% 0 0 Fixed-rate 1.625% notes 2026 1,558 3.45% 0 0 Second quarter 2015 debt issuance of $6.5 billion: Floating-rate notes 2020 500 0.56% 0 0 Fixed-rate 1.55% notes 2020 1,250 0.56% 0 0 Fixed-rate 2.15% notes 2022 1,250 0.87% 0 0 Fixed-rate 2.50% notes 2025 1,500 2.60% 0 0 Fixed-rate 3.45% notes 2045 2,000 3.58% 0 0 Second quarter 2015 Swiss franc-denominated debt issuance of SFr1.25 billion: Fixed-rate 0.375% notes 2024 895 0.28% 0 0 Fixed-rate 0.750% notes 2030 384 0.74% 0 0 Third quarter 2015 debt issuance of $8.0 billion: Floating-rate notes 2017 250 0.36% 0 0 Floating-rate notes 2020 500 0.61% 0 0 Fixed-rate 0.900% notes 2017 750 0.35% 0 0 Fixed-rate 2.000% notes 2020 1,250 0.61% 0 0 Fixed-rate 2.700% notes 2022 1,250 0.99% 0 0 Fixed-rate 3.200% notes 2025 2,000 1.22% 0 0 Fixed-rate 4.375% notes 2045 2,000 4.40% 0 0 Third quarter 2015 Japanese yen-denominated debt issuance of ¥250.0 billion: Fixed-rate 0.35% notes 2020 2,081 0.35% 0 0 Fourth quarter 2015 British pound-denominated debt issuance of £1.25 billion: Fixed-rate 3.05% notes 2029 1,148 3.79% 0 0 Fixed-rate 3.60% notes 2042 766 4.51% 0 0 Fourth quarter 2015 Australian dollar-denominated debt issuance of A$2.25 billion: Floating-rate notes 2019 493 1.87% 0 0 Fixed-rate 2.85% notes 2019 282 1.89% 0 0 Fixed-rate 3.70% notes 2022 810 2.79% 0 0 Fourth quarter 2015 euro-denominated debt issuance of € Fixed-rate 1.375% notes 2024 1,113 3.30% 0 0 Fixed-rate 2.000% notes 2027 1,113 3.85% 0 0 Total term debt 55,701 29,000 Unamortized discount (114 ) (52 ) Hedge accounting fair value adjustments 376 39 Less: Current portion of long-term debt (2,500 ) 0 Total long-term debt $ 53,463 $ 28,987
Future Principal Payments for Notes	The future principal payments for the Company’s Notes as of September 26, 2015 are as follows (in millions): 2016 $ 2,500 2017 3,500 2018 6,000 2019 3,775 2020 5,581 Thereafter 34,345 Total term debt $ 55,701

Shareholders' Equity (Tables)

Shareholders' Equity (Tables)	12 Months Ended
	Sep. 26, 2015
Cash Dividends Declared and Paid Per Share	The Company declared and paid cash dividends per share during the periods presented as follows: Dividends Per Share Amount 2015: Fourth quarter $ 0.52 $ 2,950 Third quarter 0.52 2,997 Second quarter 0.47 2,734 First quarter 0.47 2,750 Total cash dividends declared and paid $ 1.98 $ 11,431 2014: Fourth quarter $ 0.47 $ 2,807 Third quarter 0.47 2,830 Second quarter 0.44 2,655 First quarter 0.44 2,739 Total cash dividends declared and paid $ 1.82 $ 11,031
Accelerated Share Repurchase Activity and Related Information	The following table shows the Company’s ASR activity and related information during the years ended September 26, 2015 and September 27, 2014: Purchase Date Number of Average ASR May 2015 ASR July 2015 48,293 (1) $ 124.24 $ 6,000 August 2014 ASR February 2015 81,525 (2) $ 110.40 $ 9,000 January 2014 ASR December 2014 134,247 $ 89.39 $ 12,000 April 2013 ASR March 2014 172,548 $ 69.55 $ 12,000 (1) Includes 38.3 million shares delivered and retired at the beginning of the purchase period, which began in the third quarter of 2015 and 10.0 million shares delivered and retired at the end of the purchase period, which concluded in the fourth quarter of 2015. (2) Includes 59.9 million shares delivered and retired at the beginning of the purchase period, which began in the fourth quarter of 2014, 8.3 million net shares delivered and retired in the first quarter of 2015 and 13.3 million shares delivered and retired at the end of the purchase period, which concluded in the second quarter of 2015.
Repurchases of Common Shares in Open Market	Additionally, the Company repurchased shares of its common stock in the open market, which were retired upon repurchase, during the periods presented as follows: Number of Shares Average Repurchase Amount 2015: Fourth quarter 121,802 $ 115.15 $ 14,026 Third quarter 31,231 $ 128.08 4,000 Second quarter 56,400 $ 124.11 7,000 First quarter 45,704 $ 109.40 5,000 Total open market common stock repurchases 255,137 $ 30,026 2014: Fourth quarter 81,255 $ 98.46 $ 8,000 Third quarter 58,661 $ 85.23 5,000 Second quarter 79,749 $ 75.24 6,000 First quarter 66,847 $ 74.79 5,000 Total open market common stock repurchases 286,512 $ 24,000

Comprehensive Income (Tables)

Comprehensive Income (Tables)	12 Months Ended
	Sep. 26, 2015
Pre-tax Amounts Reclassified from AOCI into Consolidated Statements of Operations	The following table shows the pre-tax amounts reclassified from AOCI into the Consolidated Statements of Operations, and the associated financial statement line item, for 2015 and 2014 (in millions): Comprehensive Income Components Financial Statement Line Item 2015 2014 Unrealized (gains)/losses on derivative instruments: Foreign exchange contracts Revenue $ (2,432 ) $ 449 Cost of sales (2,168 ) (295 ) Other income/(expense), net 456 15 Interest rate contracts Other income/(expense), net 17 16 (4,127 ) 185 Unrealized (gains)/losses on marketable securities Other income/(expense), net 91 (205 ) Total amounts reclassified from AOCI $ (4,036 ) $ (20 )
Change in Accumulated Other Comprehensive Income by Component	The following table shows the changes in AOCI by component for 2015 (in millions): Cumulative Translation Unrealized Unrealized Total Balance at September 28, 2013 $ (105 ) $ (175 ) $ (191 ) $ (471 ) Other comprehensive income/(loss) before reclassifications (187 ) 1,687 438 1,938 Amounts reclassified from AOCI 0 185 (205 ) (20 ) Tax effect 50 (333 ) (82 ) (365 ) Other comprehensive income/(loss) (137 ) 1,539 151 1,553 Balance at September 27, 2014 (242 ) 1,364 (40 ) 1,082 Other comprehensive income/(loss) before reclassifications (612 ) 3,346 (747 ) 1,987 Amounts reclassified from AOCI 0 (4,127 ) 91 (4,036 ) Tax effect 201 189 232 622 Other comprehensive income/(loss) (411 ) (592 ) (424 ) (1,427 ) Balance at September 26, 2015 $ (653 ) $ 772 $ (464 ) $ (345 )

Benefit Plans (Tables)

Benefit Plans (Tables)	12 Months Ended
	Sep. 26, 2015
Restricted Stock Activity	A summary of the Company’s RSU activity and related information for 2015, 2014 and 2013, is as follows: Number of RSUs (in thousands) Weighted-Average Grant Date Fair Aggregate (in millions) Balance at September 29, 2012 105,037 $ 49.27 RSUs granted 39,415 $ 78.23 RSUs vested (42,291 ) $ 45.96 RSUs cancelled (8,877 ) $ 57.31 Balance at September 28, 2013 93,284 $ 62.24 RSUs granted 59,269 $ 74.54 RSUs vested (43,111 ) $ 57.29 RSUs cancelled (5,620 ) $ 68.47 Balance at September 27, 2014 103,822 $ 70.98 RSUs granted 45,587 $ 105.51 RSUs vested (41,684 ) $ 71.32 RSUs cancelled (6,258 ) $ 80.34 Balance at September 26, 2015 101,467 $ 85.77 $ 11,639
Summary of Share-Based Compensation Expense	The following table shows a summary of the share-based compensation expense included in the Consolidated Statements of Operations for 2015, 2014 and 2013 (in millions): 2015 2014 2013 Cost of sales $ 575 $ 450 $ 350 Research and development 1,536 1,216 917 Selling, general and administrative 1,475 1,197 986 Total share-based compensation expense $ 3,586 $ 2,863 $ 2,253

Commitments and Contingencies (

Commitments and Contingencies (Tables)	12 Months Ended
	Sep. 26, 2015
Changes in Accrued Warranties and Related Costs	The following table shows changes in the Company’s accrued warranties and related costs for 2015, 2014 and 2013 (in millions): 2015 2014 2013 Beginning accrued warranty and related costs $ 4,159 $ 2,967 $ 1,638 Cost of warranty claims (4,401 ) (3,760 ) (3,703 ) Accruals for product warranty 5,022 4,952 5,032 Ending accrued warranty and related costs $ 4,780 $ 4,159 $ 2,967
Future Minimum Lease Payments under Noncancelable Operating Leases	Future minimum lease payments under noncancelable operating leases having remaining terms in excess of one year as of September 26, 2015, are as follows (in millions): 2016 $ 772 2017 774 2018 744 2019 715 2020 674 Thereafter 2,592 Total $ 6,271

Segment Information and Geogr32

Segment Information and Geographic Data (Tables)	12 Months Ended
	Sep. 26, 2015
Summary Information by Operating Segment	The following table shows information by reportable operating segment for 2015, 2014 and 2013 (in millions): 2015 2014 2013 Americas: Net sales $ 93,864 $ 80,095 $ 77,093 Operating income $ 31,186 $ 26,158 $ 24,829 Europe: Net sales $ 50,337 $ 44,285 $ 40,980 Operating income $ 16,527 $ 14,434 $ 12,767 Greater China: Net sales $ 58,715 $ 31,853 $ 27,016 Operating income $ 23,002 $ 11,039 $ 8,499 Japan: Net sales $ 15,706 $ 15,314 $ 13,782 Operating income $ 7,617 $ 6,904 $ 6,668 Rest of Asia Pacific: Net sales $ 15,093 $ 11,248 $ 12,039 Operating income $ 5,518 $ 3,674 $ 3,762
Reconciliation of Segment Operating Income to Consolidated Statements of Operations	A reconciliation of the Company’s segment operating income to the Consolidated Statements of Operations for 2015, 2014 and 2013 is as follows (in millions): 2015 2014 2013 Segment operating income $ 83,850 $ 62,209 $ 56,525 Research and development expense (8,067 ) (6,041 ) (4,475 ) Other corporate expenses, net (4,553 ) (3,665 ) (3,051 ) Total operating income $ 71,230 $ 52,503 $ 48,999
Net Sales	Net sales for 2015, 2014 and 2013 are as follows (in millions): 2015 2014 2013 Net sales: U.S. $ 81,732 $ 68,909 $ 66,197 China (1) 56,547 30,638 25,946 Other countries 95,436 83,248 78,767 Total net sales $ 233,715 $ 182,795 $ 170,910 (1) China includes Hong Kong.
Long-Lived Assets	Long-lived assets as of September 26, 2015 and September 27, 2014 are as follows (in millions): 2015 2014 Long-lived assets: U.S. $ 12,022 $ 9,108 China (1) 8,722 9,477 Other countries 3,040 2,917 Total long-lived assets $ 23,784 $ 21,502 (1) China includes Hong Kong. Long-lived assets located in China consist primarily of product tooling and manufacturing process equipment and assets related to retail stores and related infrastructure.
Net Sales by Product	Net sales by product for 2015, 2014 and 2013 are as follows (in millions): 2015 2014 2013 Net Sales by Product: iPhone (1) $ 155,041 $ 101,991 $ 91,279 iPad (1) 23,227 30,283 31,980 Mac (1) 25,471 24,079 21,483 Services (2) 19,909 18,063 16,051 Other Products (1)(3) 10,067 8,379 10,117 Total net sales $ 233,715 $ 182,795 $ 170,910 (1) Includes deferrals and amortization of related software upgrade rights and non-software services. (2) Includes revenue from the iTunes Store, App Store, Mac App Store, iBooks Store, Apple Music, AppleCare, Apple Pay, licensing and other services. (3) Includes sales of Apple TV, Apple Watch, Beats products, iPod and Apple-branded and third-party accessories.

Selected Quarterly Financial 33

Selected Quarterly Financial Information (Unaudited) (Tables)	12 Months Ended
	Sep. 26, 2015
Summary of Quarterly Financial Information	The following tables show a summary of the Company’s quarterly financial information for each of the four quarters of 2015 and 2014 (in millions, except per share amounts): Fourth Quarter Third Quarter Second Quarter First Quarter 2015: Net sales $ 51,501 $ 49,605 $ 58,010 $ 74,599 Gross margin $ 20,548 $ 19,681 $ 23,656 $ 29,741 Net income $ 11,124 $ 10,677 $ 13,569 $ 18,024 Earnings per share (1) Basic $ 1.97 $ 1.86 $ 2.34 $ 3.08 Diluted $ 1.96 $ 1.85 $ 2.33 $ 3.06 Fourth Quarter Third Quarter Second Quarter First Quarter 2014: Net sales $ 42,123 $ 37,432 $ 45,646 $ 57,594 Gross margin $ 16,009 $ 14,735 $ 17,947 $ 21,846 Net income $ 8,467 $ 7,748 $ 10,223 $ 13,072 Earnings per share (1) Basic $ 1.43 $ 1.29 $ 1.67 $ 2.08 Diluted $ 1.42 $ 1.28 $ 1.66 $ 2.07 (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.

Summary of Significant Accoun34

Summary of Significant Accounting Policies - Additional Information (Detail)	1 Months Ended	12 Months Ended
	Sep. 26, 2015USD ($)Item	Sep. 26, 2015USD ($)Item	Sep. 27, 2014USD ($)	Sep. 28, 2013USD ($)
Significant Accounting Policies [Line Items]
Deliverable in arrangements | Item	3	3
Advertising expense		$ 1,800,000,000	$ 1,200,000,000	$ 1,100,000,000
Measurement of tax position, minimum likelihood of tax benefits being realized upon ultimate settlement, percentage	50.00%	50.00%
Depreciation and amortization expense		$ 9,200,000,000	6,900,000,000	5,800,000,000
Goodwill impairment charges		0	0	0
Indefinite lived intangible asset impairment charges		$ 0	$ 0	$ 0
Minimum
Significant Accounting Policies [Line Items]
Decrease in estimated selling price for iOS devices and Mac to reflect the increase in competitive offers (USD/unit sold)	$ 5
Amortized acquired intangible assets with definite lives useful period (in years)		3 years
Maximum
Significant Accounting Policies [Line Items]
Decrease in estimated selling price for iOS devices and Mac to reflect the increase in competitive offers (USD/unit sold)	$ 10
Amortized acquired intangible assets with definite lives useful period (in years)		7 years
Building | Maximum
Significant Accounting Policies [Line Items]
Estimated useful lives of assets (Years)		30 years
Machinery and Equipment | Minimum
Significant Accounting Policies [Line Items]
Estimated useful lives of assets (Years)		1 year
Machinery and Equipment | Maximum
Significant Accounting Policies [Line Items]
Estimated useful lives of assets (Years)		5 years
Leasehold Improvements | Maximum
Significant Accounting Policies [Line Items]
Estimated useful lives of assets (Years)		10 years
Internal-Use Software | Minimum
Significant Accounting Policies [Line Items]
Estimated useful lives of assets (Years)		3 years
Internal-Use Software | Maximum
Significant Accounting Policies [Line Items]
Estimated useful lives of assets (Years)		5 years

Computation of Basic and Dilute

Computation of Basic and Diluted Earnings Per Share (Detail) - USD ($) $ / shares in Units, shares in Thousands, $ in Millions	3 Months Ended																12 Months Ended
	Sep. 26, 2015		Jun. 27, 2015		Mar. 28, 2015		Dec. 27, 2014		Sep. 27, 2014		Jun. 28, 2014		Mar. 29, 2014		Dec. 28, 2013		Sep. 26, 2015	Sep. 27, 2014	Sep. 28, 2013
Numerator:
Net income	$ 11,124		$ 10,677		$ 13,569		$ 18,024		$ 8,467		$ 7,748		$ 10,223		$ 13,072		$ 53,394	$ 39,510	$ 37,037
Denominator:
Weighted-average shares outstanding																	5,753,421	6,085,572	6,477,320
Effect of dilutive securities																	39,648	37,091	44,314
Weighted-average diluted shares																	5,793,069	6,122,663	6,521,634
Basic earnings per share	$ 1.97	[1]	$ 1.86	[1]	$ 2.34	[1]	$ 3.08	[1]	$ 1.43	[1]	$ 1.29	[1]	$ 1.67	[1]	$ 2.08	[1]	$ 9.28	$ 6.49	$ 5.72
Diluted earnings per share	$ 1.96	[1]	$ 1.85	[1]	$ 2.33	[1]	$ 3.06	[1]	$ 1.42	[1]	$ 1.28	[1]	$ 1.66	[1]	$ 2.07	[1]	$ 9.22	$ 6.45	$ 5.68
[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.

Cash and Available-for-Sale Sec

Cash and Available-for-Sale Securities' Adjusted Cost, Gross Unrealized Gains, Gross Unrealized Losses and Fair Value Recorded as Cash and Cash Equivalents or Short-Term or Long-Term Marketable Securities (Detail) - USD ($) $ in Millions	Sep. 26, 2015	Sep. 27, 2014	Sep. 28, 2013	Sep. 29, 2012
Schedule of Available-for-sale Securities [Line Items]
Adjusted Cost	$ 206,420	$ 155,332
Unrealized Gains	574	418
Unrealized Losses	(1,328)	(511)
Fair Value	205,666	155,239
Cash and cash equivalents	21,120	13,844	$ 14,259	$ 10,746
Short-term marketable securities	20,481	11,233
Long-term marketable securities	164,065	130,162
Cash
Schedule of Available-for-sale Securities [Line Items]
Adjusted Cost	11,389	10,232
Unrealized Gains	0	0
Unrealized Losses	0	0
Fair Value	11,389	10,232
Cash and cash equivalents	11,389	10,232
Short-term marketable securities	0	0
Long-term marketable securities	0	0
Level 1
Schedule of Available-for-sale Securities [Line Items]
Adjusted Cost	3,570	4,077
Unrealized Gains	0	1
Unrealized Losses	(144)	(132)
Fair Value	3,426	3,946
Cash and cash equivalents	1,798	1,546
Short-term marketable securities	1,628	2,400
Long-term marketable securities	0	0
Level 1 | Money market funds
Schedule of Available-for-sale Securities [Line Items]
Adjusted Cost	1,798	1,546
Unrealized Gains	0	0
Unrealized Losses	0	0
Fair Value	1,798	1,546
Cash and cash equivalents	1,798	1,546
Short-term marketable securities	0	0
Long-term marketable securities	0	0
Level 1 | Mutual funds
Schedule of Available-for-sale Securities [Line Items]
Adjusted Cost	1,772	2,531
Unrealized Gains	0	1
Unrealized Losses	(144)	(132)
Fair Value	1,628	2,400
Cash and cash equivalents	0	0
Short-term marketable securities	1,628	2,400
Long-term marketable securities	0	0
Level 2
Schedule of Available-for-sale Securities [Line Items]
Adjusted Cost	191,461	141,023
Unrealized Gains	574	417
Unrealized Losses	(1,184)	(379)
Fair Value	190,851	141,061
Cash and cash equivalents	7,933	2,066
Short-term marketable securities	18,853	8,833
Long-term marketable securities	164,065	130,162
Level 2 | U.S. Treasury securities
Schedule of Available-for-sale Securities [Line Items]
Adjusted Cost	34,902	23,140
Unrealized Gains	181	15
Unrealized Losses	(1)	(9)
Fair Value	35,082	23,146
Cash and cash equivalents	0	12
Short-term marketable securities	3,498	607
Long-term marketable securities	31,584	22,527
Level 2 | U.S. agency securities
Schedule of Available-for-sale Securities [Line Items]
Adjusted Cost	5,864	7,373
Unrealized Gains	14	3
Unrealized Losses	0	(11)
Fair Value	5,878	7,365
Cash and cash equivalents	841	652
Short-term marketable securities	767	157
Long-term marketable securities	4,270	6,556
Level 2 | Non-U.S. government securities
Schedule of Available-for-sale Securities [Line Items]
Adjusted Cost	6,356	6,925
Unrealized Gains	45	69
Unrealized Losses	(167)	(69)
Fair Value	6,234	6,925
Cash and cash equivalents	43	0
Short-term marketable securities	135	204
Long-term marketable securities	6,056	6,721
Level 2 | Certificates of deposit and time deposits
Schedule of Available-for-sale Securities [Line Items]
Adjusted Cost	4,347	3,832
Unrealized Gains	0	0
Unrealized Losses	0	0
Fair Value	4,347	3,832
Cash and cash equivalents	2,065	1,230
Short-term marketable securities	1,405	1,233
Long-term marketable securities	877	1,369
Level 2 | Commercial paper
Schedule of Available-for-sale Securities [Line Items]
Adjusted Cost	6,016	475
Unrealized Gains	0	0
Unrealized Losses	0	0
Fair Value	6,016	475
Cash and cash equivalents	4,981	166
Short-term marketable securities	1,035	309
Long-term marketable securities	0	0
Level 2 | Corporate securities
Schedule of Available-for-sale Securities [Line Items]
Adjusted Cost	116,908	85,431
Unrealized Gains	242	296
Unrealized Losses	(985)	(241)
Fair Value	116,165	85,486
Cash and cash equivalents	3	6
Short-term marketable securities	11,948	6,298
Long-term marketable securities	104,214	79,182
Level 2 | Municipal securities
Schedule of Available-for-sale Securities [Line Items]
Adjusted Cost	947	940
Unrealized Gains	5	8
Unrealized Losses	0	0
Fair Value	952	948
Cash and cash equivalents	0	0
Short-term marketable securities	48	0
Long-term marketable securities	904	948
Level 2 | Mortgage- and asset-backed securities
Schedule of Available-for-sale Securities [Line Items]
Adjusted Cost	16,121	12,907
Unrealized Gains	87	26
Unrealized Losses	(31)	(49)
Fair Value	16,177	12,884
Cash and cash equivalents	0	0
Short-term marketable securities	17	25
Long-term marketable securities	$ 16,160	$ 12,859

Financial Instruments - Additio

Financial Instruments - Additional Information (Detail) $ in Millions	12 Months Ended
	Sep. 26, 2015USD ($)VendorCustomer	Sep. 27, 2014USD ($)VendorCustomer
Financial Instruments [Line Items]
Maturities of long-term marketable securities, minimum	1 year
Maturities of long-term marketable securities, maximum	5 years
Hedged foreign currency transactions, typical term	12 months
Hedged interest rate transactions, expected period to be recognized	10 years
Net cash collateral received, derivative instruments	$ 1,000	$ 2,100
Reduction to derivative assets by rights of set-off associated with derivative contracts	2,200	1,600
Reduction to derivative liabilities by rights of set-off associated with derivative contracts	2,200	1,600
Net derivative assets (liabilities)	$ (78)	$ (549)
Number of customers representing 10% or more of trade receivables | Customer	1	2
Number of vendors representing a significant portion of non-trade receivables | Vendor	3	3
Trade Receivables | Credit Concentration Risk | Customer One
Financial Instruments [Line Items]
Concentration risk, percentage	12.00%	16.00%
Trade Receivables | Credit Concentration Risk | Customer Two
Financial Instruments [Line Items]
Concentration risk, percentage		13.00%
Trade Receivables | Credit Concentration Risk | Cellular Network Carriers
Financial Instruments [Line Items]
Concentration risk, percentage	71.00%	72.00%
Non-Trade Receivables | Credit Concentration Risk | Vendor One
Financial Instruments [Line Items]
Concentration risk, percentage	38.00%	51.00%
Non-Trade Receivables | Credit Concentration Risk | Vendor Two
Financial Instruments [Line Items]
Concentration risk, percentage	18.00%	16.00%
Non-Trade Receivables | Credit Concentration Risk | Vendor Three
Financial Instruments [Line Items]
Concentration risk, percentage	14.00%	14.00%

Derivative Instruments at Gross

Derivative Instruments at Gross Fair Value (Detail) - Level 2 - USD ($) $ in Millions		Sep. 26, 2015	Sep. 27, 2014
Foreign exchange contracts | Other Current Assets
Derivative assets:
Fair Value of Derivative Assets	[1]	$ 1,551	$ 1,554
Foreign exchange contracts | Accrued expenses
Derivative liabilities:
Fair Value of Derivative Liabilities	[2]	999	81
Interest rate contracts | Other Current Assets
Derivative assets:
Fair Value of Derivative Assets	[1]	394	81
Interest rate contracts | Accrued expenses
Derivative liabilities:
Fair Value of Derivative Liabilities	[2]	13
Derivatives Designated as Hedging Instruments | Foreign exchange contracts | Other Current Assets
Derivative assets:
Fair Value of Derivative Assets	[1]	1,442	1,332
Derivatives Designated as Hedging Instruments | Foreign exchange contracts | Accrued expenses
Derivative liabilities:
Fair Value of Derivative Liabilities	[2]	905	41
Derivatives Designated as Hedging Instruments | Interest rate contracts | Other Current Assets
Derivative assets:
Fair Value of Derivative Assets	[1]	394	81
Derivatives Designated as Hedging Instruments | Interest rate contracts | Accrued expenses
Derivative liabilities:
Fair Value of Derivative Liabilities	[2]	13
Not Designated as Hedging Instrument | Foreign exchange contracts | Other Current Assets
Derivative assets:
Fair Value of Derivative Assets	[1]	109	222
Not Designated as Hedging Instrument | Foreign exchange contracts | Accrued expenses
Derivative liabilities:
Fair Value of Derivative Liabilities	[2]	94	40
Not Designated as Hedging Instrument | Interest rate contracts | Other Current Assets
Derivative assets:
Fair Value of Derivative Assets	[1]	0	$ 0
Not Designated as Hedging Instrument | Interest rate contracts | Accrued expenses
Derivative liabilities:
Fair Value of Derivative Liabilities	[2]	$ 0
[1]	The fair value of derivative assets is measured using Level 2 fair value inputs and is recorded as other current assets in the Consolidated Balance Sheets.
[2]	The fair value of derivative liabilities is measured using Level 2 fair value inputs and is recorded as accrued expenses in the Consolidated Balance Sheets.

Pre-Tax Gains and Losses of Der

Pre-Tax Gains and Losses of Derivative and Non-Derivative Instruments Designated as Cash Flow, Net Investment and Fair Value Hedges (Detail) - USD ($) $ in Millions	12 Months Ended
	Sep. 26, 2015	Sep. 27, 2014	Sep. 28, 2013
Cash flow hedges
Derivative Instruments, Gain (Loss) [Line Items]
Gains/(Losses) recognized in OCI - effective portion	$ 3,481	$ 1,735	$ 903
Gains/(Losses) reclassified from AOCI into net income - effective portion	4,075	(170)	670
Cash flow hedges | Foreign exchange contracts
Derivative Instruments, Gain (Loss) [Line Items]
Gains/(Losses) recognized in OCI - effective portion	3,592	1,750	891
Gains/(Losses) reclassified from AOCI into net income - effective portion	4,092	(154)	676
Cash flow hedges | Interest rate contracts
Derivative Instruments, Gain (Loss) [Line Items]
Gains/(Losses) recognized in OCI - effective portion	(111)	(15)	12
Gains/(Losses) reclassified from AOCI into net income - effective portion	(17)	(16)	(6)
Net investment hedges
Derivative Instruments, Gain (Loss) [Line Items]
Gains/(Losses) recognized in OCI - effective portion	96	53	143
Net investment hedges | Foreign exchange contracts
Derivative Instruments, Gain (Loss) [Line Items]
Gains/(Losses) recognized in OCI - effective portion	167	53	143
Net investment hedges | Foreign currency debt
Derivative Instruments, Gain (Loss) [Line Items]
Gains/(Losses) recognized in OCI - effective portion	(71)	0	0
Fair value hedges | Interest rate contracts
Derivative Instruments, Gain (Loss) [Line Items]
Gains/(Losses) on derivative instruments	337	39	0
Gains/(Losses) related to hedged items	$ (337)	$ (39)	$ 0

Notional Amounts of Outstanding

Notional Amounts of Outstanding Derivative Instruments and Credit Risk Amounts Associated with Outstanding or Unsettled Derivative Instruments (Detail) - USD ($) $ in Millions	Sep. 26, 2015	Sep. 27, 2014
Derivatives Designated as Hedging Instruments | Foreign exchange contracts
Derivative [Line Items]
Notional Amount	$ 70,054	$ 42,945
Credit Risk	1,385	1,333
Derivatives Designated as Hedging Instruments | Interest rate contracts
Derivative [Line Items]
Notional Amount	18,750	12,000
Credit Risk	394	89
Not Designated as Hedging Instrument | Foreign exchange contracts
Derivative [Line Items]
Notional Amount	49,190	38,510
Credit Risk	$ 109	$ 222

Property, Plant and Equipment,

Property, Plant and Equipment, Net (Detail) - USD ($) $ in Millions	Sep. 26, 2015	Sep. 27, 2014
Property, Plant and Equipment [Line Items]
Gross property, plant and equipment	$ 49,257	$ 39,015
Accumulated depreciation and amortization	(26,786)	(18,391)
Total property, plant and equipment, net	22,471	20,624
Land and Buildings
Property, Plant and Equipment [Line Items]
Gross property, plant and equipment	6,956	4,863
Machinery, Equipment and Internal-Use Software
Property, Plant and Equipment [Line Items]
Gross property, plant and equipment	37,038	29,639
Leasehold Improvements
Property, Plant and Equipment [Line Items]
Gross property, plant and equipment	$ 5,263	$ 4,513

Other Non-Current Liabilities (

Other Non-Current Liabilities (Detail) - USD ($) $ in Millions	Sep. 26, 2015	Sep. 27, 2014
Schedule of Other Liabilities [Line Items]
Deferred tax liabilities	$ 24,062	$ 20,259
Other non-current liabilities	9,365	4,567
Total other non-current liabilities	$ 33,427	$ 24,826

Other Income_(Expense), Net (De

Other Income/(Expense), Net (Detail) - USD ($) $ in Millions	12 Months Ended
	Sep. 26, 2015	Sep. 27, 2014	Sep. 28, 2013
Other Income Expense [Line Items]
Interest and dividend income	$ 2,921	$ 1,795	$ 1,616
Interest expense	(733)	(384)	(136)
Other expense, net	(903)	(431)	(324)
Total other income/(expense), net	$ 1,285	$ 980	$ 1,156

Goodwill and Other Intangible44

Goodwill and Other Intangible Assets - Additional Information (Detail) - USD ($) shares in Millions, $ in Millions	Jul. 31, 2014	Sep. 26, 2015	Sep. 27, 2014	Sep. 28, 2013
Acquired Finite-Lived Intangible Assets [Line Items]
Business acquisitions, aggregate cash consideration paid, net of cash acquired		$ 343	$ 3,765	$ 496
Amortization expense related to acquired intangible assets		$ 1,300	1,100	$ 960
Weighted-average amortization period for acquired intangible assets		3 years 7 months 6 days
Beats
Acquired Finite-Lived Intangible Assets [Line Items]
Business acquisitions, total purchase price consideration	$ 2,600
Business acquisitions allocated to goodwill	2,200
Business acquisitions allocated to intangible assets	636
Business acquisitions allocated to net liabilities assumed	258
Repayment of the outstanding debt of acquired entity	$ 295
Beats | Restricted Stock
Acquired Finite-Lived Intangible Assets [Line Items]
Common stock issued in connection with the acquisition, shares	5.1
Common stock issued in connection with the acquisition	$ 485
Beats | Restricted Stock | Vesting over time, based on continued employment of certain executives
Acquired Finite-Lived Intangible Assets [Line Items]
Common stock issued in connection with the acquisition	$ 417
Various Business Acquisitions
Acquired Finite-Lived Intangible Assets [Line Items]
Business acquisitions allocated to goodwill			828
Business acquisitions allocated to intangible assets			257
Business acquisitions allocated to net liabilities assumed			128
Business acquisitions, aggregate cash consideration paid, net of cash acquired			$ 957
Minimum
Acquired Finite-Lived Intangible Assets [Line Items]
Amortized acquired intangible assets with definite lives useful period (in years)		3 years
Maximum
Acquired Finite-Lived Intangible Assets [Line Items]
Amortized acquired intangible assets with definite lives useful period (in years)		7 years

Components of Gross and Net Int

Components of Gross and Net Intangible Asset Balances (Detail) - USD ($) $ in Millions	Sep. 26, 2015	Sep. 27, 2014
Acquired Intangible Assets Including Goodwill [Line Items]
Definite-lived and amortizable acquired intangible assets, Gross Carrying Amount	$ 8,125	$ 7,127
Definite-lived and amortizable acquired intangible assets, Accumulated Amortization	(4,332)	(3,085)
Definite-lived and amortizable acquired intangible assets, Net Carrying Amount	3,793	4,042
Indefinite-lived and non-amortizable acquired intangible assets	100	100
Total acquired intangible assets, Net Carrying Amount	$ 3,893	$ 4,142

Expected Annual Amortization Ex

Expected Annual Amortization Expense Related to Acquired Intangible Assets (Detail) - USD ($) $ in Millions	Sep. 26, 2015	Sep. 27, 2014
Finite-Lived Intangible Assets, Net, Amortization Expense, Fiscal Year Maturity [Abstract]
2,016	$ 1,288
2,017	1,033
2,018	786
2,019	342
2,020	166
Thereafter	178
Definite-lived and amortizable acquired intangible assets, Net Carrying Amount	$ 3,793	$ 4,042

Provision for Income Taxes (Det

Provision for Income Taxes (Detail) - USD ($) $ in Millions	12 Months Ended
	Sep. 26, 2015	Sep. 27, 2014	Sep. 28, 2013
Federal:
Current	$ 11,730	$ 8,624	$ 9,334
Deferred	3,408	3,183	1,878
Federal Income Tax Expense (Benefit), Continuing Operations, Total	15,138	11,807	11,212
State:
Current	1,265	855	1,084
Deferred	(220)	(178)	(311)
State and Local Income Tax Expense (Benefit), Continuing Operations, Total	1,045	677	773
Foreign:
Current	4,744	2,147	1,559
Deferred	(1,806)	(658)	(426)
Foreign Income Tax Expense (Benefit), Continuing Operations, Total	2,938	1,489	1,133
Provision for income taxes	$ 19,121	$ 13,973	$ 13,118

Income Taxes - Additional Infor

Income Taxes - Additional Information (Detail) $ in Millions	Jun. 11, 2014Subsidiary	Sep. 26, 2015USD ($)	Sep. 27, 2014USD ($)	Sep. 28, 2013USD ($)	Sep. 29, 2012USD ($)
Income Tax Contingency [Line Items]
Foreign pretax earnings		$ 47,600	$ 33,600	$ 30,500
Statutory tax rate in foreign operations		12.50%
Undistributed earnings of foreign subsidiaries		$ 91,500
Deferred tax liability related to foreign earnings that may be repatriated		30,000
Cash, cash equivalents and marketable securities held by foreign subsidiaries		$ 186,900	$ 137,100
Reconciliation of provision for income taxes, statutory federal income tax rate		35.00%	35.00%	35.00%
Tax benefits from equity awards		$ 748	$ 706	$ 643
Measurement of tax position, minimum likelihood of tax benefits being realized upon ultimate settlement, percentage		50.00%
Gross unrecognized tax benefits		$ 6,900	4,033	2,714	$ 2,062
Gross unrecognized tax benefits that would affect effective tax rate, if recognized		2,500	1,400
Unrecognized tax benefits, gross interest and penalties accrued		1,300	630
Recognized interest and penalty expense of tax matters		$ 709	$ 40	$ 189
European Commission
Income Tax Contingency [Line Items]
Income Tax Contingency, Number of Subsidiaries | Subsidiary	2
European Commission | Maximum
Income Tax Contingency [Line Items]
Income Tax Contingency, Period of Occurrence	10 years

Reconciliation of the Provision

Reconciliation of the Provision for Income Taxes (Detail) - USD ($) $ in Millions	12 Months Ended
	Sep. 26, 2015	Sep. 27, 2014	Sep. 28, 2013
Income Taxes [Line Items]
Computed expected tax	$ 25,380	$ 18,719	$ 17,554
State taxes, net of federal effect	680	469	508
Indefinitely invested earnings of foreign subsidiaries	(6,470)	(4,744)	(4,614)
Domestic production activities deduction	(426)	(495)	(308)
Research and development credit, net	(171)	(88)	(287)
Other	128	112	265
Provision for income taxes	$ 19,121	$ 13,973	$ 13,118
Effective tax rate	26.40%	26.10%	26.20%

Significant Components of the C

Significant Components of the Company's Deferred Tax Assets and Liabilities (Detail) - USD ($) $ in Millions	Sep. 26, 2015	Sep. 27, 2014
Deferred tax assets:
Accrued liabilities and other reserves	$ 4,205	$ 3,326
Basis of capital assets and investments	2,238	898
Deferred revenue	1,941	1,787
Deferred cost sharing	667	0
Share-based compensation	575	454
Unrealized losses	564	130
Other	721	227
Total deferred tax assets, net of valuation allowance of $0	10,911	6,822
Deferred tax liabilities:
Unremitted earnings of foreign subsidiaries	26,868	21,544
Other	303	398
Total deferred tax liabilities	27,171	21,942
Net deferred tax liabilities	$ (16,260)	$ (15,120)

Significant Components of the51

Significant Components of the Company's Deferred Tax Assets and Liabilities (Parenthetical) (Detail) - USD ($) $ in Millions	Sep. 26, 2015	Sep. 27, 2014
Deferred tax assets:
Deferred tax assets, valuation allowance	$ 0	$ 0

Aggregate Changes in Gross Unre

Aggregate Changes in Gross Unrecognized Tax Benefits Excluding Interest and Penalties (Detail) - USD ($) $ in Millions	12 Months Ended
	Sep. 26, 2015	Sep. 27, 2014	Sep. 28, 2013
Income Taxes [Line Items]
Beginning Balance	$ 4,033	$ 2,714	$ 2,062
Increases related to tax positions taken during a prior year	2,056	1,295	745
Decreases related to tax positions taken during a prior year	(345)	(280)	(118)
Increases related to tax positions taken during the current year	1,278	882	626
Decreases related to settlements with taxing authorities	(109)	(574)	(592)
Decreases related to expiration of statute of limitations	(13)	(4)	(9)
Ending Balance	$ 6,900	$ 4,033	$ 2,714

Debt - Additional Information (

Debt - Additional Information (Detail) £ in Millions, AUD in Millions, $ in Millions, € in Billions, ¥ in Billions	12 Months Ended
	Sep. 26, 2015USD ($)	Sep. 27, 2014USD ($)	Sep. 28, 2013USD ($)	Sep. 26, 2015JPY (¥)	Sep. 26, 2015EUR (€)	Sep. 26, 2015GBP (£)	Sep. 26, 2015AUD	Jun. 27, 2015USD ($)	Mar. 28, 2015USD ($)	Dec. 27, 2014USD ($)
Debt Instrument [Line Items]
Commercial paper	$ 8,499	$ 6,308
Debt instrument aggregate principal amount	55,701	29,000
Interest expense	722	$ 381	$ 136
First quarter 2015 euro-denominated debt issuance
Debt Instrument [Line Items]
Debt instrument, face amount | €					€ 2.8
Fourth quarter 2015 British pound-denominated debt issuance
Debt Instrument [Line Items]
Debt instrument, face amount | £						£ 1,250
Fourth quarter 2015 Australian dollar-denominated debt issuance
Debt Instrument [Line Items]
Debt instrument, face amount | AUD							AUD 2,250
Fourth quarter 2015 euro-denominated debt issuance
Debt Instrument [Line Items]
Debt instrument, face amount | €					€ 2
Second quarter 2015 debt issuance
Debt Instrument [Line Items]
Debt instrument, face amount	6,500
Third quarter 2015 debt issuance
Debt Instrument [Line Items]
Debt instrument, face amount	8,000
Third quarter 2015 Japanese yen-denominated debt issuance
Debt Instrument [Line Items]
Debt instrument, face amount | ¥				¥ 250
Net investment hedges | Third quarter 2015 Japanese yen-denominated debt issuance
Debt Instrument [Line Items]
Debt instrument, face amount | ¥				¥ 250
Debt instrument, senior notes	2,100
Currency Swaps | First quarter 2015 euro-denominated debt issuance
Debt Instrument [Line Items]
Notional Amount										$ 3,500
Currency Swaps | Fourth quarter 2015 British pound-denominated debt issuance
Debt Instrument [Line Items]
Notional Amount	1,900
Currency Swaps | Fourth quarter 2015 Australian dollar-denominated debt issuance
Debt Instrument [Line Items]
Notional Amount	1,600
Currency Swaps | Fourth quarter 2015 euro-denominated debt issuance
Debt Instrument [Line Items]
Notional Amount	$ 2,200
Interest Rate Swaps | Second quarter 2015 debt issuance
Debt Instrument [Line Items]
Notional Amount									$ 2,500
Interest Rate Swaps | Third quarter 2015 debt issuance
Debt Instrument [Line Items]
Notional Amount								$ 4,300
Commercial paper
Debt Instrument [Line Items]
Commercial paper, weighted-average interest rate	0.14%	0.12%		0.14%	0.14%	0.14%	0.14%
Commercial paper | Maximum
Debt Instrument [Line Items]
Commercial paper, maturity period	9 months
Level 2
Debt Instrument [Line Items]
Debt instrument fair value	$ 54,900	$ 28,500

Summary of Cash Flows Associate

Summary of Cash Flows Associated With Issuance and Maturities of Commercial Paper (Detail) - USD ($) $ in Millions	12 Months Ended
	Sep. 26, 2015	Sep. 27, 2014	Sep. 28, 2013
Maturities less than 90 days:
Proceeds from (repayments of) commercial paper, net	$ 5,293	$ 1,865
Maturities greater than 90 days:
Proceeds from commercial paper	3,851	4,771
Repayments of commercial paper	(6,953)	(330)
Maturities greater than 90 days, net	(3,102)	4,441
Total change in commercial paper, net	$ 2,191	$ 6,306	$ 0

Summary of Term Debt (Detail)

Summary of Term Debt (Detail) - USD ($) $ in Millions	12 Months Ended
	Sep. 26, 2015	Sep. 27, 2014
Debt Instrument [Line Items]
Total term debt	$ 55,701	$ 29,000
Unamortized discount	(114)	(52)
Hedge accounting fair value adjustments	376	39
Less: Current portion of long-term debt	(2,500)	0
Total long-term debt	53,463	28,987
2013 debt issuance | Floating-rate notes
Debt Instrument [Line Items]
Debt instrument, senior notes	$ 3,000	$ 3,000
Debt instrument maturity year, start	2,016	2,016
Debt instrument maturity year, end	2,018	2,018
Debt instrument effective interest rate, minimum	0.51%	0.51%
Debt instrument effective interest rate, maximum	1.10%	1.10%
2013 debt issuance | Fixed-rate 0.45% - 3.85% notes
Debt Instrument [Line Items]
Debt instrument, senior notes	$ 14,000	$ 14,000
Debt instrument maturity year, start	2,016	2,016
Debt instrument maturity year, end	2,043	2,043
Debt instrument effective interest rate, minimum	0.51%	0.51%
Debt instrument effective interest rate, maximum	3.91%	3.91%
2014 debt issuance | Floating-rate notes
Debt Instrument [Line Items]
Debt instrument, senior notes	$ 2,000	$ 2,000
Debt instrument maturity year, start	2,017	2,017
Debt instrument maturity year, end	2,019	2,019
Debt instrument effective interest rate, minimum	0.37%	0.31%
Debt instrument effective interest rate, maximum	0.60%	0.54%
2014 debt issuance | Fixed-rate 1.05% - 4.45% notes
Debt Instrument [Line Items]
Debt instrument, senior notes	$ 10,000	$ 10,000
Debt instrument maturity year, start	2,017	2,017
Debt instrument maturity year, end	2,044	2,044
Debt instrument effective interest rate, minimum	0.37%	0.30%
Debt instrument effective interest rate, maximum	4.48%	4.48%
First quarter 2015 euro-denominated debt issuance | Fixed-rate 1.000% notes
Debt Instrument [Line Items]
Debt instrument, senior notes	$ 1,558	$ 0
Debt instrument maturity year	2,022	2,022
Debt instrument effective interest rate	2.94%	0.00%
First quarter 2015 euro-denominated debt issuance | Fixed-rate 1.625% notes
Debt Instrument [Line Items]
Debt instrument, senior notes	$ 1,558	$ 0
Debt instrument maturity year	2,026	2,026
Debt instrument effective interest rate	3.45%	0.00%
Second quarter 2015 debt issuance | Floating-rate notes
Debt Instrument [Line Items]
Debt instrument, senior notes	$ 500	$ 0
Debt instrument maturity year	2,020	2,020
Debt instrument effective interest rate	0.56%	0.00%
Second quarter 2015 debt issuance | Fixed-rate 1.55% notes
Debt Instrument [Line Items]
Debt instrument, senior notes	$ 1,250	$ 0
Debt instrument maturity year	2,020	2,020
Debt instrument effective interest rate	0.56%	0.00%
Second quarter 2015 debt issuance | Fixed-rate 2.15% notes
Debt Instrument [Line Items]
Debt instrument, senior notes	$ 1,250	$ 0
Debt instrument maturity year	2,022	2,022
Debt instrument effective interest rate	0.87%	0.00%
Second quarter 2015 debt issuance | Fixed-rate 2.50% notes
Debt Instrument [Line Items]
Debt instrument, senior notes	$ 1,500	$ 0
Debt instrument maturity year	2,025	2,025
Debt instrument effective interest rate	2.60%	0.00%
Second quarter 2015 debt issuance | Fixed-rate 3.45% notes
Debt Instrument [Line Items]
Debt instrument, senior notes	$ 2,000	$ 0
Debt instrument maturity year	2,045	2,045
Debt instrument effective interest rate	3.58%	0.00%
Second quarter 2015 Swiss franc-denominated debt issuance | Fixed-rate 0.375% notes
Debt Instrument [Line Items]
Debt instrument, senior notes	$ 895	$ 0
Debt instrument maturity year	2,024	2,024
Debt instrument effective interest rate	0.28%	0.00%
Second quarter 2015 Swiss franc-denominated debt issuance | Fixed-rate 0.750% notes
Debt Instrument [Line Items]
Debt instrument, senior notes	$ 384	$ 0
Debt instrument maturity year	2,030	2,030
Debt instrument effective interest rate	0.74%	0.00%
Third quarter 2015 debt issuance | Floating-rate notes due 2017
Debt Instrument [Line Items]
Debt instrument, senior notes	$ 250	$ 0
Debt instrument maturity year	2,017	2,017
Debt instrument effective interest rate	0.36%	0.00%
Third quarter 2015 debt issuance | Floating-rate notes due 2020
Debt Instrument [Line Items]
Debt instrument, senior notes	$ 500	$ 0
Debt instrument maturity year	2,020	2,020
Debt instrument effective interest rate	0.61%	0.00%
Third quarter 2015 debt issuance | Fixed-rate 0.900% notes
Debt Instrument [Line Items]
Debt instrument, senior notes	$ 750	$ 0
Debt instrument maturity year	2,017	2,017
Debt instrument effective interest rate	0.35%	0.00%
Third quarter 2015 debt issuance | Fixed-rate 2.000% notes
Debt Instrument [Line Items]
Debt instrument, senior notes	$ 1,250	$ 0
Debt instrument maturity year	2,020	2,020
Debt instrument effective interest rate	0.61%	0.00%
Third quarter 2015 debt issuance | Fixed-rate 2.700% notes
Debt Instrument [Line Items]
Debt instrument, senior notes	$ 1,250	$ 0
Debt instrument maturity year	2,022	2,022
Debt instrument effective interest rate	0.99%	0.00%
Third quarter 2015 debt issuance | Fixed-rate 3.200% notes
Debt Instrument [Line Items]
Debt instrument, senior notes	$ 2,000	$ 0
Debt instrument maturity year	2,025	2,025
Debt instrument effective interest rate	1.22%	0.00%
Third quarter 2015 debt issuance | Fixed-rate 4.375% notes
Debt Instrument [Line Items]
Debt instrument, senior notes	$ 2,000	$ 0
Debt instrument maturity year	2,045	2,045
Debt instrument effective interest rate	4.40%	0.00%
Third quarter 2015 Japanese yen-denominated debt issuance | Fixed-rate 0.35% notes
Debt Instrument [Line Items]
Debt instrument, senior notes	$ 2,081	$ 0
Debt instrument maturity year	2,020	2,020
Debt instrument effective interest rate	0.35%	0.00%
Fourth quarter 2015 British pound-denominated debt issuance | Fixed-rate 3.05% notes
Debt Instrument [Line Items]
Debt instrument, senior notes	$ 1,148	$ 0
Debt instrument maturity year	2,029	2,029
Debt instrument effective interest rate	3.79%	0.00%
Fourth quarter 2015 British pound-denominated debt issuance | Fixed-rate 3.60% notes
Debt Instrument [Line Items]
Debt instrument, senior notes	$ 766	$ 0
Debt instrument maturity year	2,042	2,042
Debt instrument effective interest rate	4.51%	0.00%
Fourth quarter 2015 Australian dollar-denominated debt issuance | Floating-rate notes
Debt Instrument [Line Items]
Debt instrument, senior notes	$ 493	$ 0
Debt instrument maturity year	2,019	2,019
Debt instrument effective interest rate	1.87%	0.00%
Fourth quarter 2015 Australian dollar-denominated debt issuance | Fixed-rate 2.85% notes
Debt Instrument [Line Items]
Debt instrument, senior notes	$ 282	$ 0
Debt instrument maturity year	2,019	2,019
Debt instrument effective interest rate	1.89%	0.00%
Fourth quarter 2015 Australian dollar-denominated debt issuance | Fixed-rate 3.70% notes
Debt Instrument [Line Items]
Debt instrument, senior notes	$ 810	$ 0
Debt instrument maturity year	2,022	2,022
Debt instrument effective interest rate	2.79%	0.00%
Fourth quarter 2015 euro-denominated debt issuance | Fixed-rate 1.375% notes
Debt Instrument [Line Items]
Debt instrument, senior notes	$ 1,113	$ 0
Debt instrument maturity year	2,024	2,024
Debt instrument effective interest rate	3.30%	0.00%
Fourth quarter 2015 euro-denominated debt issuance | Fixed-rate 2.000% notes
Debt Instrument [Line Items]
Debt instrument, senior notes	$ 1,113	$ 0
Debt instrument maturity year	2,027	2,027
Debt instrument effective interest rate	3.85%	0.00%

Summary of Term Debt (Parenthet

Summary of Term Debt (Parenthetical) (Detail) £ in Millions, SFr in Millions, AUD in Millions, € in Billions, ¥ in Billions, $ in Billions	12 Months Ended
	Sep. 26, 2015USD ($)	Sep. 27, 2014USD ($)	Sep. 26, 2015JPY (¥)	Sep. 26, 2015EUR (€)	Sep. 26, 2015CHF (SFr)	Sep. 26, 2015GBP (£)	Sep. 26, 2015AUD
2013 debt issuance
Debt Instrument [Line Items]
Debt instrument, face amount	$ 17	$ 17
2013 debt issuance | Fixed-rate 0.45% - 3.85% notes
Debt Instrument [Line Items]
Debt instrument interest rate, minimum	0.45%	0.45%
Debt instrument interest rate, maximum	3.85%	3.85%
2014 debt issuance
Debt Instrument [Line Items]
Debt instrument, face amount	$ 12	$ 12
2014 debt issuance | Fixed-rate 1.05% - 4.45% notes
Debt Instrument [Line Items]
Debt instrument interest rate, minimum	1.05%	1.05%
Debt instrument interest rate, maximum	4.45%	4.45%
First quarter 2015 euro-denominated debt issuance
Debt Instrument [Line Items]
Debt instrument, face amount | €				€ 2.8
First quarter 2015 euro-denominated debt issuance | Fixed-rate 1.000% notes
Debt Instrument [Line Items]
Debt instrument interest rate	1.00%		1.00%	1.00%	1.00%	1.00%	1.00%
First quarter 2015 euro-denominated debt issuance | Fixed-rate 1.625% notes
Debt Instrument [Line Items]
Debt instrument interest rate	1.625%		1.625%	1.625%	1.625%	1.625%	1.625%
Second quarter 2015 debt issuance
Debt Instrument [Line Items]
Debt instrument, face amount	$ 6.5
Second quarter 2015 debt issuance | Fixed-rate 1.55% notes
Debt Instrument [Line Items]
Debt instrument interest rate	1.55%		1.55%	1.55%	1.55%	1.55%	1.55%
Second quarter 2015 debt issuance | Fixed-rate 2.15% notes
Debt Instrument [Line Items]
Debt instrument interest rate	2.15%		2.15%	2.15%	2.15%	2.15%	2.15%
Second quarter 2015 debt issuance | Fixed-rate 2.50% notes
Debt Instrument [Line Items]
Debt instrument interest rate	2.50%		2.50%	2.50%	2.50%	2.50%	2.50%
Second quarter 2015 debt issuance | Fixed-rate 3.45% notes
Debt Instrument [Line Items]
Debt instrument interest rate	3.45%		3.45%	3.45%	3.45%	3.45%	3.45%
Second quarter 2015 Swiss franc-denominated debt issuance
Debt Instrument [Line Items]
Debt instrument, face amount | SFr					SFr 1,250
Second quarter 2015 Swiss franc-denominated debt issuance | Fixed-rate 0.375% notes
Debt Instrument [Line Items]
Debt instrument interest rate	0.375%		0.375%	0.375%	0.375%	0.375%	0.375%
Second quarter 2015 Swiss franc-denominated debt issuance | Fixed-rate 0.750% notes
Debt Instrument [Line Items]
Debt instrument interest rate	0.75%		0.75%	0.75%	0.75%	0.75%	0.75%
Third quarter 2015 debt issuance
Debt Instrument [Line Items]
Debt instrument, face amount	$ 8
Third quarter 2015 debt issuance | Fixed-rate 0.900% notes
Debt Instrument [Line Items]
Debt instrument interest rate	0.90%		0.90%	0.90%	0.90%	0.90%	0.90%
Third quarter 2015 debt issuance | Fixed-rate 2.000% notes
Debt Instrument [Line Items]
Debt instrument interest rate	2.00%		2.00%	2.00%	2.00%	2.00%	2.00%
Third quarter 2015 debt issuance | Fixed-rate 2.700% notes
Debt Instrument [Line Items]
Debt instrument interest rate	2.70%		2.70%	2.70%	2.70%	2.70%	2.70%
Third quarter 2015 debt issuance | Fixed-rate 3.200% notes
Debt Instrument [Line Items]
Debt instrument interest rate	3.20%		3.20%	3.20%	3.20%	3.20%	3.20%
Third quarter 2015 debt issuance | Fixed-rate 4.375% notes
Debt Instrument [Line Items]
Debt instrument interest rate	4.375%		4.375%	4.375%	4.375%	4.375%	4.375%
Third quarter 2015 Japanese yen-denominated debt issuance
Debt Instrument [Line Items]
Debt instrument, face amount | ¥			¥ 250
Third quarter 2015 Japanese yen-denominated debt issuance | Fixed-rate 0.35% notes
Debt Instrument [Line Items]
Debt instrument interest rate	0.35%		0.35%	0.35%	0.35%	0.35%	0.35%
Fourth quarter 2015 British pound-denominated debt issuance
Debt Instrument [Line Items]
Debt instrument, face amount | £						£ 1,250
Fourth quarter 2015 British pound-denominated debt issuance | Fixed-rate 3.05% notes
Debt Instrument [Line Items]
Debt instrument interest rate	3.05%		3.05%	3.05%	3.05%	3.05%	3.05%
Fourth quarter 2015 British pound-denominated debt issuance | Fixed-rate 3.60% notes
Debt Instrument [Line Items]
Debt instrument interest rate	3.60%		3.60%	3.60%	3.60%	3.60%	3.60%
Fourth quarter 2015 Australian dollar-denominated debt issuance
Debt Instrument [Line Items]
Debt instrument, face amount | AUD							AUD 2,250
Fourth quarter 2015 Australian dollar-denominated debt issuance | Fixed-rate 2.85% notes
Debt Instrument [Line Items]
Debt instrument interest rate	2.85%		2.85%	2.85%	2.85%	2.85%	2.85%
Fourth quarter 2015 Australian dollar-denominated debt issuance | Fixed-rate 3.70% notes
Debt Instrument [Line Items]
Debt instrument interest rate	3.70%		3.70%	3.70%	3.70%	3.70%	3.70%
Fourth quarter 2015 euro-denominated debt issuance
Debt Instrument [Line Items]
Debt instrument, face amount | €				€ 2
Fourth quarter 2015 euro-denominated debt issuance | Fixed-rate 1.375% notes
Debt Instrument [Line Items]
Debt instrument interest rate	1.375%		1.375%	1.375%	1.375%	1.375%	1.375%
Fourth quarter 2015 euro-denominated debt issuance | Fixed-rate 2.000% notes
Debt Instrument [Line Items]
Debt instrument interest rate	2.00%		2.00%	2.00%	2.00%	2.00%	2.00%

Debt Instrument Future Principa

Debt Instrument Future Principal Payments (Detail) - USD ($) $ in Millions	Sep. 26, 2015	Sep. 27, 2014
Long Term Debt Maturities Repayments Of Principal [Line Items]
2,016	$ 2,500
2,017	3,500
2,018	6,000
2,019	3,775
2,020	5,581
Thereafter	34,345
Total term debt	$ 55,701	$ 29,000

Summary of Dividends Declared a

Summary of Dividends Declared and Paid (Detail) - USD ($) $ / shares in Units, $ in Millions	3 Months Ended								12 Months Ended
	Sep. 26, 2015	Jun. 27, 2015	Mar. 28, 2015	Dec. 27, 2014	Sep. 27, 2014	Jun. 28, 2014	Mar. 29, 2014	Dec. 28, 2013	Sep. 26, 2015	Sep. 27, 2014	Sep. 28, 2013
Dividends [Line Items]
Dividend Per Share	$ 0.52	$ 0.52	$ 0.47	$ 0.47	$ 0.47	$ 0.47	$ 0.44	$ 0.44	$ 1.98	$ 1.82	$ 1.64
Amount	$ 2,950	$ 2,997	$ 2,734	$ 2,750	$ 2,807	$ 2,830	$ 2,655	$ 2,739	$ 11,431	$ 11,031

Shareholders' Equity - Addition

Shareholders' Equity - Additional Information (Detail)	Sep. 26, 2015USD ($)
Stockholders Equity Note Disclosure [Line Items]
Maximum amount authorized for repurchase of common stock	$ 140,000,000,000
Share repurchase program, utilized amount	$ 104,000,000,000

Accelerated Share Repurchase Ac

Accelerated Share Repurchase Activity and Related Information (Detail) - USD ($) $ / shares in Units, shares in Thousands	1 Months Ended				3 Months Ended			7 Months Ended		12 Months Ended
	Jul. 31, 2015	May. 31, 2015	Feb. 28, 2015	Aug. 31, 2014	Jul. 31, 2015		Dec. 27, 2014	Feb. 28, 2015		Dec. 27, 2014	Mar. 31, 2014
May 2015 ASR
Accelerated Share Repurchases [Line Items]
Purchase Period End Date					2015-07
Number of Shares	10,000	38,300			48,293	[1]
Average Repurchase Price Per Share					$ 124.24
ASR Amount					$ 6,000,000,000
August 2014 ASR
Accelerated Share Repurchases [Line Items]
Purchase Period End Date								2015-02
Number of Shares			13,300	59,900			8,300	81,525	[2]
Average Repurchase Price Per Share								$ 110.40
ASR Amount								$ 9,000,000,000
January 2014 ASR
Accelerated Share Repurchases [Line Items]
Purchase Period End Date										2014-12
Number of Shares										134,247
Average Repurchase Price Per Share										$ 89.39
ASR Amount										$ 12,000,000,000
April 2013 ASR
Accelerated Share Repurchases [Line Items]
Purchase Period End Date											2014-03
Number of Shares											172,548
Average Repurchase Price Per Share											$ 69.55
ASR Amount											$ 12,000,000,000
[1]	Includes 38.3 million shares delivered and retired at the beginning of the purchase period, which began in the third quarter of 2015 and 10.0 million shares delivered and retired at the end of the purchase period, which concluded in the fourth quarter of 2015.
[2]	Includes 59.9 million shares delivered and retired at the beginning of the purchase period, which began in the fourth quarter of 2014, 8.3 million net shares delivered and retired in the first quarter of 2015 and 13.3 million shares delivered and retired at the end of the purchase period, which concluded in the second quarter of 2015.

Accelerated Share Repurchase 61

Accelerated Share Repurchase Activity and Related Information (Parenthetical) (Detail) - shares shares in Thousands	1 Months Ended				3 Months Ended			7 Months Ended
	Jul. 31, 2015	May. 31, 2015	Feb. 28, 2015	Aug. 31, 2014	Jul. 31, 2015	[1]	Dec. 27, 2014	Feb. 28, 2015	[2]
May 2015 ASR
Accelerated Share Repurchases [Line Items]
Number of shares repurchased and retired	10,000	38,300			48,293
August 2014 ASR
Accelerated Share Repurchases [Line Items]
Number of shares repurchased and retired			13,300	59,900			8,300	81,525
[1]	Includes 38.3 million shares delivered and retired at the beginning of the purchase period, which began in the third quarter of 2015 and 10.0 million shares delivered and retired at the end of the purchase period, which concluded in the fourth quarter of 2015.
[2]	Includes 59.9 million shares delivered and retired at the beginning of the purchase period, which began in the fourth quarter of 2014, 8.3 million net shares delivered and retired in the first quarter of 2015 and 13.3 million shares delivered and retired at the end of the purchase period, which concluded in the second quarter of 2015.

Repurchases of Common Shares in

Repurchases of Common Shares in Open Market (Detail) - USD ($) $ / shares in Units, shares in Thousands, $ in Millions	3 Months Ended								12 Months Ended
	Sep. 26, 2015	Jun. 27, 2015	Mar. 28, 2015	Dec. 27, 2014	Sep. 27, 2014	Jun. 28, 2014	Mar. 29, 2014	Dec. 28, 2013	Sep. 26, 2015	Sep. 27, 2014	Sep. 28, 2013
Stock Repurchase Program [Line Items]
Amount									$ 36,026	$ 45,000	$ 22,950
Open Market Repurchases
Stock Repurchase Program [Line Items]
Number of Shares	121,802	31,231	56,400	45,704	81,255	58,661	79,749	66,847	255,137	286,512
Average Repurchase Price Per Share	$ 115.15	$ 128.08	$ 124.11	$ 109.40	$ 98.46	$ 85.23	$ 75.24	$ 74.79
Amount	$ 14,026	$ 4,000	$ 7,000	$ 5,000	$ 8,000	$ 5,000	$ 6,000	$ 5,000	$ 30,026	$ 24,000

Pre-tax Amounts Reclassified fr

Pre-tax Amounts Reclassified from AOCI into Consolidated Statements of Operations (Detail) - USD ($) $ in Millions	12 Months Ended
	Sep. 26, 2015	Sep. 27, 2014
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Unrealized (gains)/losses on derivative instruments reclassified from AOCI	$ (4,127)	$ 185
Unrealized (gains)/losses on marketable securities reclassified from AOCI	91	(205)
Total amounts reclassified from AOCI	(4,036)	(20)
Foreign exchange contracts | Revenue
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Unrealized (gains)/losses on derivative instruments reclassified from AOCI	(2,432)	449
Foreign exchange contracts | Cost of sales
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Unrealized (gains)/losses on derivative instruments reclassified from AOCI	(2,168)	(295)
Foreign exchange contracts | Other income/expense, net
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Unrealized (gains)/losses on derivative instruments reclassified from AOCI	456	15
Interest rate contracts | Other income/expense, net
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Unrealized (gains)/losses on derivative instruments reclassified from AOCI	$ 17	$ 16

Change in Accumulated Other Com

Change in Accumulated Other Comprehensive Income by Component (Detail) - USD ($) $ in Millions	12 Months Ended
	Sep. 26, 2015	Sep. 27, 2014	Sep. 28, 2013
Accumulated Other Comprehensive Income (Loss) [Line Items]
Beginning balance	$ 1,082	$ (471)
Other comprehensive income/(loss) before reclassifications	1,987	1,938
Amounts reclassified from AOCI	(4,036)	(20)
Tax effect	622	(365)
Total other comprehensive income/(loss)	(1,427)	1,553	$ (970)
Ending balance	(345)	1,082	(471)
Cumulative Foreign Currency Translation
Accumulated Other Comprehensive Income (Loss) [Line Items]
Beginning balance	(242)	(105)
Other comprehensive income/(loss) before reclassifications	(612)	(187)
Amounts reclassified from AOCI	0	0
Tax effect	201	50
Total other comprehensive income/(loss)	(411)	(137)
Ending balance	(653)	(242)	(105)
Unrealized Gains/Losses on Derivative Instruments
Accumulated Other Comprehensive Income (Loss) [Line Items]
Beginning balance	1,364	(175)
Other comprehensive income/(loss) before reclassifications	3,346	1,687
Amounts reclassified from AOCI	(4,127)	185
Tax effect	189	(333)
Total other comprehensive income/(loss)	(592)	1,539
Ending balance	772	1,364	(175)
Unrealized Gains/Losses on Marketable Securities
Accumulated Other Comprehensive Income (Loss) [Line Items]
Beginning balance	(40)	(191)
Other comprehensive income/(loss) before reclassifications	(747)	438
Amounts reclassified from AOCI	91	(205)
Tax effect	232	(82)
Total other comprehensive income/(loss)	(424)	151
Ending balance	$ (464)	$ (40)	$ (191)

Benefit Plans - Additional Info

Benefit Plans - Additional Information (Detail) - USD ($)	12 Months Ended
	Sep. 26, 2015	Sep. 27, 2014	Sep. 28, 2013
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Maximum portion of pre-tax earnings under Savings Plan that can be deferred by participating U.S. employees	$ 18,000
Employer contribution to Savings Plan	200,000,000	$ 163,000,000	$ 135,000,000
Fair value of vested RSUs as of vesting date	$ 4,800,000,000	$ 3,400,000,000	$ 3,100,000,000
The total shares withheld upon vesting of RSUs	14,100,000	15,600,000	15,500,000
Taxes paid related to net share settlement of equity awards	$ 1,600,000,000	$ 1,200,000,000	$ 1,100,000,000
Stock options outstanding	1,200,000
Stock options, Weighted average exercise price per share	$ 15.08
Stock options, Weighted average remaining contractual term	4 years 1 month 6 days
Stock options, Aggregate intrinsic value	$ 120,000,000
Total intrinsic value of options at the time of exercise	479,000,000	1,500,000,000	1,000,000,000
Income tax benefit related to share-based compensation expense	1,200,000,000	$ 1,000,000,000	$ 816,000,000
Total unrecognized compensation cost on stock options and RSUs	$ 6,800,000,000
Total unrecognized compensation cost on stock options and RSUs, weighted-average recognition period (in years)	2 years 8 months 12 days
Employee Stock Purchase Plan
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Shares reserved for future issuance under Employee Benefit Plans (in shares)	53,000,000
Employee common stock purchases through payroll deductions, price as a percentage of fair market value	85.00%
Employee stock purchase plan offering period	6 months
Payroll deductions as a percentage of employee compensation, maximum	10.00%
Minimum
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Rate of contribution to Savings Plan as a percentage of employees contribution	50.00%
Maximum
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Rate of contribution to Savings Plan as a percentage of employees contribution	100.00%
Rate of contribution to Savings Plan as a percentage of employees earning	6.00%
Maximum | Employee Stock Purchase Plan
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Employee stock purchase program authorized amount	$ 25,000
Employee Stock Plan, 2014 Plan
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
RSUs granted vesting period	4 years
Shares authorized for future issuance under stock plans (in shares)	385,000,000
Shares reserved for future issuance under Employee Benefit Plans (in shares)	442,900,000
Employee Stock Plan, 2003 Plan
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Options granted exercisable period	4 years
Employee Stock Plan, 2003 Plan | Minimum
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
RSUs granted vesting period	2 years
Expiration term of options granted under Employee Benefit Plans	7 years
Employee Stock Plan, 2003 Plan | Maximum
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
RSUs granted vesting period	4 years
Expiration term of options granted under Employee Benefit Plans	10 years
Directors Plan
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Shares reserved for future issuance under Employee Benefit Plans (in shares)	1,200,000
Share based compensation, expiration date	Nov. 9, 2019

Restricted Stock Units Activity

Restricted Stock Units Activity and Related Information (Detail) - Restricted Stock Units - USD ($) $ / shares in Units, shares in Thousands, $ in Millions	12 Months Ended
	Sep. 26, 2015	Sep. 27, 2014	Sep. 28, 2013
Number of Restricted Stock Units
Beginning Balance	103,822	93,284	105,037
Restricted stock units granted	45,587	59,269	39,415
Restricted stock units vested	(41,684)	(43,111)	(42,291)
Restricted stock units cancelled	(6,258)	(5,620)	(8,877)
Ending Balance	101,467	103,822	93,284
Weighted-Average Grant Date Fair Value Per Share
Beginning Balance	$ 70.98	$ 62.24	$ 49.27
Restricted stock units granted	105.51	74.54	78.23
Restricted stock units vested	71.32	57.29	45.96
Restricted stock units cancelled	80.34	68.47	57.31
Ending Balance	$ 85.77	$ 70.98	$ 62.24
Aggregate Intrinsic Value
Aggregate intrinsic value of Restricted stock units	$ 11,639

Summary of Share-Based Compensa

Summary of Share-Based Compensation Expense (Detail) - USD ($) $ in Millions	12 Months Ended
	Sep. 26, 2015	Sep. 27, 2014	Sep. 28, 2013
Share-based Compensation Arrangement by Share-based Payment Award, Compensation Cost [Line Items]
Share-based compensation expense	$ 3,586	$ 2,863	$ 2,253
Cost of sales
Share-based Compensation Arrangement by Share-based Payment Award, Compensation Cost [Line Items]
Share-based compensation expense	575	450	350
Research and Development
Share-based Compensation Arrangement by Share-based Payment Award, Compensation Cost [Line Items]
Share-based compensation expense	1,536	1,216	917
Selling, General and Administrative
Share-based Compensation Arrangement by Share-based Payment Award, Compensation Cost [Line Items]
Share-based compensation expense	$ 1,475	$ 1,197	$ 986

Changes in Accrued Warranties a

Changes in Accrued Warranties and Related Costs (Detail) - USD ($) $ in Millions	12 Months Ended
	Sep. 26, 2015	Sep. 27, 2014	Sep. 28, 2013
Movement in Standard Product Warranty Accrual [Roll Forward]
Beginning accrued warranty and related costs	$ 4,159	$ 2,967	$ 1,638
Cost of warranty claims	(4,401)	(3,760)	(3,703)
Accruals for product warranty	5,022	4,952	5,032
Ending accrued warranty and related costs	$ 4,780	$ 4,159	$ 2,967

Commitments and Contingencies -

Commitments and Contingencies - Additional Information (Detail)	12 Months Ended
	Sep. 26, 2015USD ($)Store	Sep. 27, 2014USD ($)	Sep. 28, 2013USD ($)	May. 18, 2015USD ($)	Mar. 06, 2014USD ($)	Aug. 24, 2012USD ($)
Commitments and Contingencies Disclosure [Line Items]
Purchase commitments maximum period	150 days
Number of retail stores | Store	463
Total future minimum lease payments under noncancelable operating leases	$ 6,271,000,000
Rent expense under cancelable and noncancelable operating leases	794,000,000	$ 717,000,000	$ 645,000,000
Outstanding off-balance sheet third party manufacturing commitments and component purchase commitments	29,500,000,000
Additional off-balance sheet obligations	7,300,000,000
Samsung Electronics Co Ltd
Commitments and Contingencies Disclosure [Line Items]
Result of legal proceedings						$ 1,050,000,000
Award from legal proceeding				$ 548,000,000	$ 930,000,000
Indemnification Agreement
Commitments and Contingencies Disclosure [Line Items]
Liability for infringement costs	$ 0	$ 0
Major Facility Lease | Maximum
Commitments and Contingencies Disclosure [Line Items]
Term of leases	10 years
Retail Space Lease
Commitments and Contingencies Disclosure [Line Items]
Total future minimum lease payments under noncancelable operating leases	$ 3,600,000,000
Retail Space Lease | Minimum
Commitments and Contingencies Disclosure [Line Items]
Term of leases	5 years
Retail Space Lease | Maximum
Commitments and Contingencies Disclosure [Line Items]
Term of leases	20 years
Retail Space Lease | Majority
Commitments and Contingencies Disclosure [Line Items]
Term of leases	10 years

Future Minimum Lease Payments u

Future Minimum Lease Payments under Noncancelable Operating Leases (Detail) $ in Millions	Sep. 26, 2015USD ($)
Operating Leases, Future Minimum Payments Due, Fiscal Year Maturity [Abstract]
2,016	$ 772
2,017	774
2,018	744
2,019	715
2,020	674
Thereafter	2,592
Total	$ 6,271

Summary Information by Operatin

Summary Information by Operating Segment (Detail) - USD ($) $ in Millions	3 Months Ended								12 Months Ended
	Sep. 26, 2015	Jun. 27, 2015	Mar. 28, 2015	Dec. 27, 2014	Sep. 27, 2014	Jun. 28, 2014	Mar. 29, 2014	Dec. 28, 2013	Sep. 26, 2015	Sep. 27, 2014	Sep. 28, 2013
Segment Reporting Information [Line Items]
Net sales	$ 51,501	$ 49,605	$ 58,010	$ 74,599	$ 42,123	$ 37,432	$ 45,646	$ 57,594	$ 233,715	$ 182,795	$ 170,910
Operating income									71,230	52,503	48,999
Americas
Segment Reporting Information [Line Items]
Net sales									93,864	80,095	77,093
Operating income									31,186	26,158	24,829
Europe
Segment Reporting Information [Line Items]
Net sales									50,337	44,285	40,980
Operating income									16,527	14,434	12,767
Greater China
Segment Reporting Information [Line Items]
Net sales									58,715	31,853	27,016
Operating income									23,002	11,039	8,499
Japan
Segment Reporting Information [Line Items]
Net sales									15,706	15,314	13,782
Operating income									7,617	6,904	6,668
Rest of Asia Pacific
Segment Reporting Information [Line Items]
Net sales									15,093	11,248	12,039
Operating income									$ 5,518	$ 3,674	$ 3,762

Reconciliation of Segment Opera

Reconciliation of Segment Operating Income to Consolidated Statements of Operations (Detail) - USD ($) $ in Millions	12 Months Ended
	Sep. 26, 2015	Sep. 27, 2014	Sep. 28, 2013
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]
Operating income	$ 71,230	$ 52,503	$ 48,999
Research and development expense	(8,067)	(6,041)	(4,475)
Operating Segments
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]
Operating income	83,850	62,209	56,525
Segment Reconciling Items
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]
Research and development expense	(8,067)	(6,041)	(4,475)
Corporate Non-Segment
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]
Other corporate expenses, net	$ (4,553)	$ (3,665)	$ (3,051)

Segment Information and Geogr73

Segment Information and Geographic Data - Additional Information (Detail)	12 Months Ended
	Sep. 26, 2015
Segment Reporting Information [Line Items]
Countries representing greater than 10% of net sales	The U.S. and China were the only countries that accounted for more than 10% of the Company's net sales in 2015, 2014 and 2013
Customers representing greater than 10% of net sales	No single customer that accounted for more than 10% of net sales in 2015, 2014 or 2013

Net Sales (Detail)

Net Sales (Detail) - USD ($) $ in Millions		3 Months Ended								12 Months Ended
		Sep. 26, 2015	Jun. 27, 2015	Mar. 28, 2015	Dec. 27, 2014	Sep. 27, 2014	Jun. 28, 2014	Mar. 29, 2014	Dec. 28, 2013	Sep. 26, 2015	Sep. 27, 2014	Sep. 28, 2013
Revenues from External Customers and Long-Lived Assets [Line Items]
Net sales		$ 51,501	$ 49,605	$ 58,010	$ 74,599	$ 42,123	$ 37,432	$ 45,646	$ 57,594	$ 233,715	$ 182,795	$ 170,910
U.S.
Revenues from External Customers and Long-Lived Assets [Line Items]
Net sales										81,732	68,909	66,197
CHINA
Revenues from External Customers and Long-Lived Assets [Line Items]
Net sales	[1]									56,547	30,638	25,946
Other countries
Revenues from External Customers and Long-Lived Assets [Line Items]
Net sales										$ 95,436	$ 83,248	$ 78,767
[1]	China includes Hong Kong.

Long-Lived Assets (Detail)

Long-Lived Assets (Detail) - USD ($) $ in Millions		Sep. 26, 2015	Sep. 27, 2014
Revenues from External Customers and Long-Lived Assets [Line Items]
Long-lived assets		$ 23,784	$ 21,502
U.S.
Revenues from External Customers and Long-Lived Assets [Line Items]
Long-lived assets		12,022	9,108
CHINA
Revenues from External Customers and Long-Lived Assets [Line Items]
Long-lived assets	[1]	8,722	9,477
Other countries
Revenues from External Customers and Long-Lived Assets [Line Items]
Long-lived assets		$ 3,040	$ 2,917
[1]	China includes Hong Kong. Long-lived assets located in China consist primarily of product tooling and manufacturing process equipment and assets related to retail stores and related infrastructure.

Net Sales by Product (Detail)

Net Sales by Product (Detail) - USD ($) $ in Millions

3 Months Ended

12 Months Ended

Sep. 26, 2015

Jun. 27, 2015

Mar. 28, 2015

Dec. 27, 2014

Sep. 27, 2014

Jun. 28, 2014

Mar. 29, 2014

Dec. 28, 2013

Sep. 26, 2015

Sep. 27, 2014

Sep. 28, 2013

Segment Reporting Information [Line Items]

Net sales

$ 51,501

$ 49,605

$ 58,010

$ 74,599

$ 42,123

$ 37,432

$ 45,646

$ 57,594

$ 233,715

$ 182,795

$ 170,910

iPhone

Segment Reporting Information [Line Items]

Net sales

[1]

155,041

101,991

91,279

iPad

Segment Reporting Information [Line Items]

Net sales

[1]

23,227

30,283

31,980

Mac

Segment Reporting Information [Line Items]

Net sales

[1]

25,471

24,079

21,483

Services

Segment Reporting Information [Line Items]

Net sales

[2]

19,909

18,063

16,051

Other Products

Segment Reporting Information [Line Items]

Net sales

[1],[3]

$ 10,067

$ 8,379

$ 10,117

[1]

Includes deferrals and amortization of related software upgrade rights and non-software services.

[2]

Includes revenue from the iTunes Store, App Store, Mac App Store, iBooks Store, Apple Music, AppleCare, Apple Pay, licensing and other services.

[3]

Includes sales of Apple TV, Apple Watch, Beats products, iPod and Apple-branded and third-party accessories.

Summary of Quarterly Financial

Summary of Quarterly Financial Information (Detail) - USD ($) $ / shares in Units, $ in Millions	3 Months Ended																12 Months Ended
	Sep. 26, 2015		Jun. 27, 2015		Mar. 28, 2015		Dec. 27, 2014		Sep. 27, 2014		Jun. 28, 2014		Mar. 29, 2014		Dec. 28, 2013		Sep. 26, 2015	Sep. 27, 2014	Sep. 28, 2013
Selected Quarterly Financial Information [Abstract]
Net sales	$ 51,501		$ 49,605		$ 58,010		$ 74,599		$ 42,123		$ 37,432		$ 45,646		$ 57,594		$ 233,715	$ 182,795	$ 170,910
Gross margin	20,548		19,681		23,656		29,741		16,009		14,735		17,947		21,846		93,626	70,537	64,304
Net income	$ 11,124		$ 10,677		$ 13,569		$ 18,024		$ 8,467		$ 7,748		$ 10,223		$ 13,072		$ 53,394	$ 39,510	$ 37,037
Earnings per share:
Basic	$ 1.97	[1]	$ 1.86	[1]	$ 2.34	[1]	$ 3.08	[1]	$ 1.43	[1]	$ 1.29	[1]	$ 1.67	[1]	$ 2.08	[1]	$ 9.28	$ 6.49	$ 5.72
Diluted	$ 1.96	[1]	$ 1.85	[1]	$ 2.33	[1]	$ 3.06	[1]	$ 1.42	[1]	$ 1.28	[1]	$ 1.66	[1]	$ 2.07	[1]	$ 9.22	$ 6.45	$ 5.68
[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.