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Cover Page - USD ($) shares in Thousands, $ in Millions

Entity Information [Line Items]


Document Type
Document Annual Report
Current Fiscal Year End Date
Document Period End Date
Document Transition Report
Entity File Number
Entity Registrant Name
Entity Incorporation, State or Country Code
Entity Tax Identification Number
Entity Address, Address Line One
Entity Address, City or Town
Entity Address, State or Province
Entity Address, Postal Zip Code
City Area Code
Local Phone Number
Entity Well-known Seasoned Issuer
Entity Voluntary Filers
Entity Current Reporting Status
Entity Interactive Data Current
Entity Filer Category
Entity Small Business
Entity Emerging Growth Company
ICFR Auditor Attestation Flag
Entity Shell Company
Entity Public Float
Entity Common Stock, Shares Outstanding (in shares)
Amendment Flag
Document Fiscal Year Focus
Document Fiscal Period Focus
Entity Central Index Key
Common Stock, $0.00001 par value per share
Entity Information [Line Items]
Title of 12(b) Security
Trading Symbol
Security Exchange Name
1.000% Notes due 2022
Entity Information [Line Items]
Title of 12(b) Security
No Trading Symbol Flag
Security Exchange Name
1.375% Notes due 2024
Entity Information [Line Items]
Title of 12(b) Security
No Trading Symbol Flag
Security Exchange Name
0.000% Notes due 2025
Entity Information [Line Items]
Title of 12(b) Security
No Trading Symbol Flag
Security Exchange Name
0.875% Notes due 2025
Entity Information [Line Items]
Title of 12(b) Security
No Trading Symbol Flag
Security Exchange Name
1.625% Notes due 2026
Entity Information [Line Items]
Title of 12(b) Security
No Trading Symbol Flag
Security Exchange Name
2.000% Notes due 2027
Entity Information [Line Items]
Title of 12(b) Security
No Trading Symbol Flag
Security Exchange Name
1.375% Notes due 2029
Entity Information [Line Items]
Title of 12(b) Security
No Trading Symbol Flag
Security Exchange Name
3.050% Notes due 2029
Entity Information [Line Items]
Title of 12(b) Security
No Trading Symbol Flag
Security Exchange Name
0.500% Notes due 2031
Entity Information [Line Items]
Title of 12(b) Security
No Trading Symbol Flag
Security Exchange Name
3.600% Notes due 2042
Entity Information [Line Items]
Title of 12(b) Security
No Trading Symbol Flag
Security Exchange Name
12 Months Ended
Sep. 25, 2021 Oct. 15, 2021 Mar. 26, 2021

10-K
true
--09-25
Sep. 25,
false 2021
001-36743
Apple Inc.
CA
94-2404110
One Apple Park Way
Cupertino
CA
95014
408
996-1010
Yes
No
Yes
Yes
Large Accelerated Filer
false
false
true
false
$ 2,021,360
16,406,397
false
2021
FY
0000320193

Common Stock, $0.00001 par value per share


AAPL
NASDAQ

1.000% Notes due 2022


true
NASDAQ
1.375% Notes due 2024
true
NASDAQ

0.000% Notes due 2025


true
NASDAQ

0.875% Notes due 2025


true
NASDAQ

1.625% Notes due 2026


true
NASDAQ

2.000% Notes due 2027


true
NASDAQ

1.375% Notes due 2029


true
NASDAQ

3.050% Notes due 2029


true
NASDAQ

0.500% Notes due 2031


true
NASDAQ

3.600% Notes due 2042


true
NASDAQ
CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($) shares in Thousands, $ in
Millions
Net sales
Cost of sales
Gross margin
Operating expenses:
Research and development
Selling, general and administrative
Total operating expenses
Operating income
Other income/(expense), net
Income before provision for income taxes
Provision for income taxes
Net income
Earnings per share:
Basic (in dollars per share)
Diluted (in dollars per share)
Shares used in computing earnings per share:
Basic (in shares)
Diluted (in shares)
Products
Net sales
Cost of sales
Services
Net sales
Cost of sales
12 Months Ended
Sep. 25, 2021 Sep. 26, 2020 Sep. 28, 2019
$ 365,817 $ 274,515 $ 260,174
212,981 169,559 161,782
152,836 104,956 98,392

21,914 18,752 16,217


21,973 19,916 18,245
43,887 38,668 34,462
108,949 66,288 63,930
258 803 1,807
109,207 67,091 65,737
14,527 9,680 10,481
$ 94,680 $ 57,411 $ 55,256

$ 5.67 $ 3.31 $ 2.99


$ 5.61 $ 3.28 $ 2.97

16,701,272 17,352,119 18,471,336


16,864,919 17,528,214 18,595,651

$ 297,392 $ 220,747 $ 213,883


192,266 151,286 144,996

68,425 53,768 46,291


$ 20,715 $ 18,273 $ 16,786
CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME - USD ($) $ in Millions
Statement of Comprehensive Income [Abstract]
Net income
Other comprehensive income/(loss):
Change in foreign currency translation, net of tax
Change in unrealized gains/losses on derivative instruments, net of tax:
Change in fair value of derivative instruments
Change in fair value of derivative instruments
Adjustment for net (gains)/losses realized and included in net income
Adjustment for net (gains)/losses realized and included in net income
Total change in unrealized gains/losses on derivative instruments
Total change in unrealized gains/losses on derivative instruments
Change in unrealized gains/losses on marketable debt securities, net of tax:
Change in fair value of marketable debt securities
Adjustment for net (gains)/losses realized and included in net income
Total change in unrealized gains/losses on marketable debt securities
Total other comprehensive income/(loss)
Total comprehensive income
12 Months Ended
Sep. 25, 2021 Sep. 26, 2020 Sep. 28, 2019

$ 94,680 $ 57,411 $ 55,256

501 88 (408)

32 79
(661)
1,003 (1,264)
23
1,035 (1,185)
(638)

(694) 1,202 3,802


(273) (63) 25
(967) 1,139 3,827
569 42 2,781
$ 95,249 $ 57,453 $ 58,037
CONSOLIDATED BALANCE SHEETS - USD ($) $ in Millions
Current assets:
Cash and cash equivalents
Marketable securities
Accounts receivable, net
Inventories
Vendor non-trade receivables
Other current assets
Total current assets
Non-current assets:
Marketable securities
Property, plant and equipment, net
Other non-current assets
Total non-current assets
Total assets
Current liabilities:
Accounts payable
Other current liabilities
Deferred revenue
Commercial paper
Term debt
Total current liabilities
Non-current liabilities:
Term debt
Other non-current liabilities
Total non-current liabilities
Total liabilities
Commitments and contingencies
Shareholders’ equity:
Common stock and additional paid-in capital, $0.00001 par value: 50,400,000 shares
authorized; 16,426,786 and 16,976,763 shares issued and outstanding, respectively
Retained earnings
Accumulated other comprehensive income/(loss)
Total shareholders’ equity
Total liabilities and shareholders’ equity
Sep. 25, 2021 Sep. 26, 2020

$ 34,940 $ 38,016
27,699 52,927
26,278 16,120
6,580 4,061
25,228 21,325
14,111 11,264
134,836 143,713

127,877 100,887
39,440 36,766
48,849 42,522
216,166 180,175
351,002 323,888

54,763 42,296
47,493 42,684
7,612 6,643
6,000 4,996
9,613 8,773
125,481 105,392

109,106 98,667
53,325 54,490
162,431 153,157
287,912 258,549

57,365 50,779
5,562 14,966
163 (406)
63,090 65,339
$ 351,002 $ 323,888
CONSOLIDATED BALANCE SHEETS (Parenthetical) - $ / shares Sep. 25, 2021 Sep. 26, 2020
Statement of Financial Position [Abstract]
Common stock, par value (in dollars per share) $ 0.00001 $ 0.00001
Common stock, shares authorized (in shares) ### ###
Common stock, shares issued (in shares) ### ###
Common stock, shares outstanding (in shares) ### ###
CONSOLIDATED STATEMENTS OF SHAREHOLDERS' EQUITY - USD ($) $ in Millions
Beginning balances at Sep. 29, 2018
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Common stock issued
Common stock withheld related to net share settlement of equity awards
Share-based compensation
Net income
Dividends and dividend equivalents declared
Common stock repurchased
Other comprehensive income/(loss)
Ending balances at Sep. 28, 2019
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Dividends and dividend equivalents declared per share or RSU (in dollars per share or RSU)
Common stock issued
Common stock withheld related to net share settlement of equity awards
Share-based compensation
Net income
Dividends and dividend equivalents declared
Common stock repurchased
Other comprehensive income/(loss)
Ending balances at Sep. 26, 2020
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Dividends and dividend equivalents declared per share or RSU (in dollars per share or RSU)
Common stock issued
Common stock withheld related to net share settlement of equity awards
Share-based compensation
Net income
Dividends and dividend equivalents declared
Common stock repurchased
Other comprehensive income/(loss)
Ending balances at Sep. 25, 2021
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Dividends and dividend equivalents declared per share or RSU (in dollars per share or RSU)
Total Common stock and additional paid-in capital Retained earnings
$ 107,147 $ 40,201 $ 70,400

781
(2,002) (1,029)
6,194
55,256 55,256
(14,129)
(67,101)
2,781
$ 90,488 45,174 45,898

$ 0.75
880
(2,250) (1,604)
6,975
$ 57,411 57,411
(14,087)
(72,516)
42
$ 65,339 50,779 14,966

$ 0.795
1,105
(2,627) (4,151)
8,108
$ 94,680 94,680
(14,431)
(85,500) (85,502)
569
$ 63,090 $ 57,365 $ 5,562

$ 0.85
Retained earningsCumulative effects of changes in accounting principles
$ 2,501

(136)

$0
Accumulated other comprehensive income/(loss)
$ (3,454)

2,781
(584)

42
(406)

569
$ 163
Accumulated other comprehensive income/(loss)Cumulative effects of changes in accounting
principles
$ 89

136

$0
CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($) $ in Millions
Statement of Cash Flows [Abstract]
Cash, cash equivalents and restricted cash, beginning balances
Operating activities:
Net income
Adjustments to reconcile net income to cash generated by operating activities:
Depreciation and amortization
Share-based compensation expense
Deferred income tax benefit
Other
Changes in operating assets and liabilities:
Accounts receivable, net
Inventories
Vendor non-trade receivables
Other current and non-current assets
Accounts payable
Deferred revenue
Other current and non-current liabilities
Cash generated by operating activities
Investing activities:
Purchases of marketable securities
Proceeds from maturities of marketable securities
Proceeds from sales of marketable securities
Payments for acquisition of property, plant and equipment
Payments made in connection with business acquisitions, net
Purchases of non-marketable securities
Proceeds from non-marketable securities
Other
Cash generated by/(used in) investing activities
Financing activities:
Proceeds from issuance of common stock
Payments for taxes related to net share settlement of equity awards
Payments for dividends and dividend equivalents
Repurchases of common stock
Proceeds from issuance of term debt, net
Repayments of term debt
Proceeds from/(Repayments of) commercial paper, net
Other
Cash used in financing activities
Increase/(Decrease) in cash, cash equivalents and restricted cash
Cash, cash equivalents and restricted cash, ending balances
Supplemental cash flow disclosure:
Cash paid for income taxes, net
Cash paid for interest
12 Months Ended
Sep. 25, 2021 Sep. 26, 2020 Sep. 28, 2019

$ 39,789 $ 50,224 $ 25,913

94,680 57,411 55,256

11,284 11,056 12,547


7,906 6,829 6,068
(4,774) (215) (340)
(147) (97) (652)

(10,125) 6,917 245


(2,642) (127) (289)
(3,903) 1,553 2,931
(8,042) (9,588) 873
12,326 (4,062) (1,923)
1,676 2,081 (625)
5,799 8,916 (4,700)
104,038 80,674 69,391

(109,558) (114,938) (39,630)


59,023 69,918 40,102
47,460 50,473 56,988
(11,085) (7,309) (10,495)
(33) (1,524) (624)
(131) (210) (1,001)
387 92 1,634
(608) (791) (1,078)
(14,545) (4,289) 45,896

1,105 880 781


(6,556) (3,634) (2,817)
(14,467) (14,081) (14,119)
(85,971) (72,358) (66,897)
20,393 16,091 6,963
(8,750) (12,629) (8,805)
1,022 (963) (5,977)
(129) (126) (105)
(93,353) (86,820) (90,976)
(3,860) (10,435) 24,311
35,929 39,789 50,224
25,385 9,501 15,263
$ 2,687 $ 3,002 $ 3,423
Summary of Significant Accounting Policies
Accounting Policies [Abstract]
Summary of Significant Accounting Policies
12 Months Ended
Sep. 25, 2021

Summary of Significant Accounting Policies Basis of Presentation and Preparation The


consolidated financial statements include the accounts of Apple Inc. and its wholly owned
Revenue Recognition
Revenue from Contract with Customer [Abstract]
Revenue Recognition
12 Months Ended
Sep. 25, 2021

Revenue Recognition Net sales consist of revenue from the sale of iPhone, Mac, iPad, Services
and other products. The Company recognizes revenue at the amount to which it expects to be
Financial Instruments
Investments, All Other Investments [Abstract]
Financial Instruments
12 Months Ended
Sep. 25, 2021

Financial Instruments Cash, Cash Equivalents and Marketable Securities The following tables
show the Company’s cash, cash equivalents and marketable securities by significant
Consolidated Financial Statement Details
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Consolidated Financial Statement Details
12 Months Ended
Sep. 25, 2021

Consolidated Financial Statement Details The following tables show the Company’s
consolidated financial statement details as of September 25, 2021 and September 26, 2020 (in
Income Taxes
Income Tax Disclosure [Abstract]
Income Taxes
12 Months Ended
Sep. 25, 2021

Income Taxes Provision for Income Taxes and Effective Tax Rate The provision for income
taxes for 2021, 2020 and 2019, consisted of the following (in millions): 2021 2020 2019
Leases
Leases [Abstract]
Leases
Leases
12 Months Ended
Sep. 25, 2021

Leases The Company has lease arrangements for certain equipment and facilities, including
retail,
Leasescorporate, manufacturing
The Company and data center
has lease arrangements forspace.
certainThese leases and
equipment typically haveincluding
facilities, original
retail, corporate, manufacturing and data center space. These leases typically have original
Debt
Debt Disclosure [Abstract]
Debt
12 Months Ended
Sep. 25, 2021

Debt Commercial Paper and Repurchase Agreements The Company issues unsecured short-
term promissory notes (“Commercial Paper”) pursuant to a commercial paper program. The
Shareholders' Equity
Equity [Abstract]
Shareholders' Equity
12 Months Ended
Sep. 25, 2021

Shareholders’ Equity Share Repurchase Program As of September 25, 2021, the Company was
authorized to purchase up to $315 billion of the Company’s common stock under a share
Benefit Plans
Share-based Payment Arrangement [Abstract]
Benefit Plans
12 Months Ended
Sep. 25, 2021

Benefit Plans 2014 Employee Stock Plan The 2014 Employee Stock Plan (the “2014 Plan”) is a
shareholder-approved plan that provides for broad-based equity grants to employees,
Commitments and Contingencies
Commitments and Contingencies Disclosure [Abstract]
Commitments and Contingencies
12 Months Ended
Sep. 25, 2021

Commitments and Contingencies Accrued Warranty and Guarantees The following table
shows changes in the Company’s accrued warranties and related costs for 2021, 2020 and
Segment Information and Geographic Data
Segment Reporting [Abstract]
Segment Information and Geographic Data
12 Months Ended
Sep. 25, 2021

Segment Information and Geographic Data The Company reports segment information based
on the “management” approach. The management approach designates the internal reporting
Summary of Significant Accounting Policies (Policies)
Accounting Policies [Abstract]
Basis of Presentation and Preparation
Fiscal Period
Recently Adopted Accounting Pronouncements
Advertising Costs
Share-Based Compensation
Earnings Per Share
Cash Equivalents
Marketable Securities
Inventories
Property, Plant and Equipment
Restricted Cash and Restricted Marketable Securities
Derivative Instruments and Hedging
Fair Value Measurements
Revenue Recognition
Income Taxes
Leases
Segment Reporting
12 Months Ended
Sep. 25, 2021

Basis of Presentation and Preparation The consolidated financial statements include the
accounts of Apple
The Company’s Inc.year
fiscal and is
itsthe
wholly owned
52- or 53-weeksubsidiaries
period that (collectively
ends on the “Apple” or the of
last Saturday
September. An additional
Recently Adopted weekPronouncements
Accounting is included in the first fiscal
Financial quarter every
Instruments five or
– Credit six years
Losses to
At the
beginning of the first quarter of 2021, the Company adopted the Financial
Advertising Costs Advertising costs are expensed as incurred and included in selling, general Accounting
and administrative
Share-Based expenses.The Company generally measures share-based compensation
Compensation
based on the closing
The Company appliesprice of the Company’s
the treasury common
stock method stock on the
to determine the date of grant,
dilutive effectand
of potentially
dilutive securities.
All highly liquid investments with maturities of three months or less at the date of purchase
are
Theclassified
Company’s as investments
cash equivalents.
in marketable debt securities have been classified and accounted
for as available-for-sale. The Companyusing
Inventories Inventories are measured classifies its marketable
the first-in, first-outdebt securities as either short-
method.
Property, Plant and EquipmentDepreciation on property, plant and equipment is recognized
on a straight-line
Restricted Cash andbasis over theMarketable
Restricted estimated useful livesThe
Securities of the assets, which
Company considersfor buildings
cash and is the
marketable securities to be restricted when withdrawal or general
Derivative Instruments and Hedging All derivative instruments are recorded in the use is legally restricted.
Consolidated Balance Sheets
Fair Value Measurements Theatfair
fairvalues
value.of
The
theaccounting
Company’streatment for derivative
money market funds and gains and
certain
marketable equity securities
Revenue Recognition Net sales areconsist
basedof onrevenue
quoted prices
from the in active
sale ofmarkets for identical
iPhone, Mac, assets.
iPad, Services
and
The other
Companyproducts. The Company
has elected to recordrecognizes revenue
certain deferred taxatassets
the amount to whichinitconnection
and liabilities expects to be
with the minimum tax on certain foreign earnings created by the
The Company’s lease arrangements may contain both lease and nonlease components. U.S. Tax Cuts and JobsThe
Act of
Company
The Company has elected
reportsto combine
segment and account
information for lease
based on the and nonlease components
“management” approach.asThe a single
management approach designates the internal reporting used by management for making
Summary of Significant Accounting Policies (Tables)
Accounting Policies [Abstract]
Computation of Basic and Diluted Earnings Per Share
12 Months Ended
Sep. 25, 2021

The following table shows the computation of basic and diluted earnings per share for 2021,
2020 and 2019 (net income in millions and shares in thousands): 2021 2020 2019
Revenue Recognition (Tables)
Revenue from Contract with Customer [Abstract]
Net Sales Disaggregated by Significant Products and Services
12 Months Ended
Sep. 25, 2021

Net sales disaggregated by significant products and services for 2021, 2020 and 2019 were as
follows (in millions): 2021 2020 2019 iPhone (1) $ 191,973 $ 137,781 $ 142,381 Mac (1)
Financial Instruments (Tables)
Investments, All Other Investments [Abstract]
Cash, Cash Equivalents and Marketable Securities by Significant Investment Category
Non-Current Marketable Debt Securities by Contractual Maturity
Notional Amounts of Outstanding Derivative Instruments
Carrying Amounts of Hedged Items in Fair Value Hedges
12 Months Ended
Sep. 25, 2021

The following tables show the Company’s cash, cash equivalents and marketable securities by
significant investment
The following category
table shows as value
the fair of September 25, 2021 and
of the Company’s September
non-current 26, 2020 debt
marketable (in
securities,
The notionalbyamounts
contractual maturity,
of the as of outstanding
Company’s September 25, 2021 (ininstruments
derivative millions): Due after
as of 1 year
September
25, 2021 and September 26, 2020 were as follows (in millions): 2021 2020 Derivative
The carrying amounts of the Company’s hedged items in fair value hedges as of September 25,
2021 and September 26, 2020 were as follows (in millions): 2021 2020 Hedged
Consolidated Financial Statement Details (Tables)
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Property, Plant and Equipment, Net
Other Non-Current Liabilities
Other Income/(Expense), Net
12 Months Ended
Sep. 25, 2021

Property, Plant and Equipment, Net 2021 2020 Land and buildings $ 20,041 $ 17,952
Machinery, equipment
Other Non-Current and internal-use
Liabilities 2021 2020software
Long-term78,659
taxes75,291 Leasehold
payable $ 24,689improvements
$ 28,170 Other
non-current liabilities 28,636 26,320 Total other non-current liabilities $ 53,325
Other Income/(Expense), Net The following table shows the detail of OI&E for 2021, $ 54,490
2020 and
2019 (in millions): 2021 2020 2019 Interest and dividend income $ 2,843 $ 3,763 $ 4,961
Income Taxes (Tables)
Income Tax Disclosure [Abstract]
Provision for Income Taxes
Reconciliation of Provision for Income Taxes
Significant Components of Deferred Tax Assets and Liabilities
Aggregate Changes in Gross Unrecognized Tax Benefits
12 Months Ended
Sep. 25, 2021

The provision for income taxes for 2021, 2020 and 2019, consisted of the following (in
millions): 2021 2020
A reconciliation of the2019 Federal:
provision Currenttaxes,
for income $ 8,257 $ 6,306
with $ 6,384computed
the amount Deferred (7,176) (3,619)
by applying the
statutory federal income tax rate (21% in 2021, 2020 and 2019) to income before
As of September 25, 2021 and September 26, 2020, the significant components of the provision
Company’s
The aggregatedeferred
changetaxinassets and liabilities
the balance of gross were (in millions):
unrecognized 2021 2020
tax benefits, Deferred
which tax
excludes
interest and penalties, for 2021, 2020 and 2019, is as follows (in millions): 2021 2020 2019
Leases (Tables)
Leases [Abstract]
ROU Assets and Lease Liabilities
Lease Liability Maturities
Lease Liability Maturities
12 Months Ended
Sep. 25, 2021

The following table shows ROU assets and lease liabilities, and the associated financial
statement linematurities
Lease liability items, as ofasSeptember 25, 2021
of September and September
25, 2021, 26,(in
are as follows 2020 (in millions):
millions): Lease-
Operating
Finance Total 2022
Lease liability $ 1,629
maturities as $of104 $ 1,733 2023
September 1,560
25, 2021, 123
are as 1,683
follows2024 1,499 99 1,598
(in millions): 2025
Operating
Finance Total 2022 $ 1,629 $ 104 $ 1,733 2023 1,560 123 1,683 2024 1,499 99 1,598 2025
Debt (Tables)
Debt Disclosure [Abstract]
Summary of Cash Flows Associated with Issuance and Maturities of Commercial Paper
Summary of Term Debt
Future Principal Payments for the Notes
12 Months Ended
Sep. 25, 2021

The following table provides a summary of cash flows associated with the issuance and
maturities of Commercial
The following Paper
table provides for 2021,of2020
a summary and 2019 (in
the Company’s millions):
term debt as 2021 2020 2019
of September 25, 2021
and September 26, 2020: Maturities (calendar year) 2021 2020 Amount (in millions)
The future principal payments for the Company’s Notes as of September 25, 2021, are as Effective
follows (in millions): 2022 $ 9,583 2023 11,391 2024 10,202 2025 10,914 2026 11,408
Shareholders' Equity (Tables)
Equity [Abstract]
Changes in Shares of Common Stock
12 Months Ended
Sep. 25, 2021

The following table shows the changes in shares of common stock for 2021, 2020 and 2019 (in
thousands): 2021 2020 2019 Common stock outstanding, beginning balances 16,976,763
Benefit Plans (Tables)
Share-based Payment Arrangement [Abstract]
Restricted Stock Unit Activity
Summary of Share-Based Compensation Expense and the Related Income Tax Benefit
12 Months Ended
Sep. 25, 2021

A summary of the Company’s RSU activity and related information for 2021, 2020 and 2019, is
as
Thefollows: Number
following of RSUsshare-based
table shows (in thousands) Weighted-Average
compensation expenseAggregate Fair Value
and the related (intax
income
benefit included in the Consolidated Statements of Operations for 2021, 2020 and 2019 (in
Commitments and Contingencies (Tables)
Commitments and Contingencies Disclosure [Abstract]
Changes in Accrued Warranties and Related Costs
Future Payments Under Unconditional Purchase Obligations
12 Months Ended
Sep. 25, 2021

The following table shows changes in the Company’s accrued warranties and related costs for
2021,
Future2020 and 2019
payments (innoncancelable
under millions): 2021 2020 2019 Beginning
unconditional purchase accrued warranty
obligations havingand related
a remaining
term in excess of one year as of September 25, 2021, are as follows (in millions): 2022 $ 4,551
Segment Information and Geographic Data (Tables)
Segment Reporting [Abstract]
Information by Reportable Segment
Reconciliation of Segment Operating Income to the Consolidated Statements of Operations
Net Sales and Long-lived Assets
12 Months Ended
Sep. 25, 2021

The following table shows information by reportable segment for 2021, 2020 and 2019 (in
millions): 2021 2020
A reconciliation of the2019 Americas:
Company’s Net sales
segment $ 153,306
operating $ 124,556
income $ 116,914 Operating
to the Consolidated Statements
of Operations for 2021, 2020 and 2019 is as follows (in millions): 2021 2020 2019
Net sales for 2021, 2020 and 2019 and long-lived assets as of September 25, 2021 and Segment
September 26, 2020 were as follows (in millions): 2021 2020 2019 Net sales: U.S. $ 133,803 $
Summary of Significant Accounting Policies - Additional Information (Details) - USD ($)
shares in Millions, $ in Billions
Significant Accounting Policies [Line Items]
Potentially dilutive securities excluded from the computation of diluted earnings per share
because theirand
Depreciation effect would haveexpense
amortization been antidilutive (inand
on property shares)
equipment
Noncash activities involving property, plant and equipment, net decrease to accounts payable
and other |current
Buildings Maximum liabilities
Significant Accounting Policies [Line Items]
Property, plant and equipment, estimated useful life
Machinery and equipment, including product tooling and manufacturing process equipment |
Minimum
Significant Accounting Policies [Line Items]
Property, plant and equipment, estimated useful life
Machinery and equipment, including product tooling and manufacturing process equipment |
Maximum
Significant Accounting Policies [Line Items]
Property, plant and equipment, estimated useful life
Internal-use software | Minimum
Significant Accounting Policies [Line Items]
Property, plant and equipment, estimated useful life
Internal-use software | Maximum
Significant Accounting Policies [Line Items]
Property, plant and equipment, estimated useful life
12 Months Ended
Sep. 25, 2021 Sep. 26, 2020 Sep. 28, 2019

62
$ 9.5 $ 9.7 $ 11.3
$ 2.9

40 years

1 year

5 years

5 years

7 years
Summary of Significant Accounting Policies - Computation of Basic and Diluted
Earnings Per Share (Details) - USD ($) $ / shares in Units, shares in Thousands, $ in
Millions
Numerator:
Net income
Denominator:
Weighted-average basic shares outstanding (in shares)
Effect of dilutive securities (in shares)
Weighted-average diluted shares (in shares)
Basic earnings per share (in dollars per share)
Diluted earnings per share (in dollars per share)
12 Months Ended
Sep. 25, 2021 Sep. 26, 2020 Sep. 28, 2019

$ 94,680 $ 57,411 $ 55,256

16,701,272 17,352,119 18,471,336


163,647 176,095 124,315
16,864,919 17,528,214 18,595,651
$ 5.67 $ 3.31 $ 2.99
$ 5.61 $ 3.28 $ 2.97
Revenue Recognition - Additional Information (Details) $ in Billions
Revenue from Contract with Customer [Abstract]
Performance obligations in arrangements (up to) | obligation
Total deferred revenue | $
Sep. 25, 2021USD ($)obligation Sep. 26, 2020USD ($)

3
$ 11.9 $ 10.2
Revenue Recognition - Deferred Revenue, Expected Timing of Realization (Details)
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date
[Axis]:
Revenue,2021-09-26
Remaining Performance Obligation, Expected Timing of Satisfaction [Line
Items]
Deferred revenue, expected timing of realization, percentage
Deferred revenue, expected timing of realization, period
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date
[Axis]:
Revenue,2022-09-25
Remaining Performance Obligation, Expected Timing of Satisfaction [Line
Items]
Deferred revenue, expected timing of realization, percentage
Deferred revenue, expected timing of realization, period
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date
[Axis]:
Revenue,2023-10-01
Remaining Performance Obligation, Expected Timing of Satisfaction [Line
Items]
Deferred revenue, expected timing of realization, percentage
Deferred revenue, expected timing of realization, period
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date
[Axis]:
Revenue,2024-09-29
Remaining Performance Obligation, Expected Timing of Satisfaction [Line
Items]
Deferred revenue, expected timing of realization, percentage
Deferred revenue, expected timing of realization, period
Sep. 25, 2021

64.00%
1 year

26.00%
1 year

8.00%
1 year

2.00%
Revenue Recognition - Net Sales Disaggregated by Significant Products and Services
(Details) - USD ($) $ in Millions
Disaggregation of Revenue [Line Items]
Net sales
Revenue recognized that was included in deferred revenue at the beginning of the period
iPhone
Disaggregation of Revenue [Line Items]
Net sales
Mac
Disaggregation of Revenue [Line Items]
Net sales
iPad
Disaggregation of Revenue [Line Items]
Net sales
Wearables, Home and Accessories
Disaggregation of Revenue [Line Items]
Net sales
Services
Disaggregation of Revenue [Line Items]
Net sales
12 Months Ended
Sep. 25, 2021 Sep. 26, 2020 Sep. 28, 2019

$ 365,817 $ 274,515 $ 260,174


6,700 5,000 5,900

191,973 137,781 142,381

35,190 28,622 25,740

31,862 23,724 21,280

38,367 30,620 24,482

$ 68,425 $ 53,768 $ 46,291


Financial Instruments - Cash, Cash Equivalents and Marketable Securities (Details) -
USD ($) $ in Millions
Debt Securities, Available-for-sale [Line Items]
Cash, Cash Equivalents and Marketable Securities, Adjusted Cost
Cash Equivalents and Marketable Securities, Unrealized Gains
Cash Equivalents and Marketable Securities, Unrealized Loss
Cash, Cash Equivalents and Marketable Securities, Fair Value
Cash and Cash Equivalents
Current Marketable Securities
Non-Current Marketable Securities
Total marketable securities that were restricted from general use
Level 1
Debt Securities, Available-for-sale [Line Items]
Marketable Securities, Equity, Adjusted Cost
Marketable Securities, Equity, Unrealized Gains
Marketable Securities, Equity, Unrealized Losses
Marketable Securities, Equity, Fair Value
Cash and Cash Equivalents
Current Marketable Securities
Non-Current Marketable Securities
Level 2
Debt Securities, Available-for-sale [Line Items]
Marketable Securities, Debt, Adjusted Cost
Marketable Securities, Debt, Unrealized Gains
Marketable Securities, Debt, Unrealized Losses
Marketable Securities, Debt, Fair Value
Cash and Cash Equivalents
Current Marketable Securities
Non-Current Marketable Securities
Cash
Debt Securities, Available-for-sale [Line Items]
Cash
Cash and Cash Equivalents
Current Marketable Securities
Non-Current Marketable Securities
Money market funds | Level 1
Debt Securities, Available-for-sale [Line Items]
Marketable Securities, Equity, Adjusted Cost
Marketable Securities, Equity, Unrealized Gains
Marketable Securities, Equity, Unrealized Losses
Marketable Securities, Equity, Fair Value
Cash and Cash Equivalents
Current Marketable Securities
Non-Current Marketable Securities
Mutual funds | Level 1
Debt Securities, Available-for-sale [Line Items]
Marketable Securities, Equity, Adjusted Cost
Marketable Securities, Equity, Unrealized Gains
Marketable Securities, Equity, Unrealized Losses
Marketable Securities, Equity, Fair Value
Cash and Cash Equivalents
Current Marketable Securities
Non-Current Marketable Securities
Equity securities | Level 2
Debt Securities, Available-for-sale [Line Items]
Marketable Securities, Equity, Adjusted Cost
Marketable Securities, Equity, Unrealized Gains
Marketable Securities, Equity, Unrealized Losses
Marketable Securities, Equity, Fair Value
Cash and Cash Equivalents
Current Marketable Securities
Non-Current Marketable Securities
U.S. Treasury securities | Level 2
Debt Securities, Available-for-sale [Line Items]
Marketable Securities, Debt, Adjusted Cost
Marketable Securities, Debt, Unrealized Gains
Marketable Securities, Debt, Unrealized Losses
Marketable Securities, Debt, Fair Value
Cash and Cash Equivalents
Current Marketable Securities
Non-Current Marketable Securities
U.S. agency securities | Level 2
Debt Securities, Available-for-sale [Line Items]
Marketable Securities, Debt, Adjusted Cost
Marketable Securities, Debt, Unrealized Gains
Marketable Securities, Debt, Unrealized Losses
Marketable Securities, Debt, Fair Value
Cash and Cash Equivalents
Current Marketable Securities
Non-Current Marketable Securities
Non-U.S. government securities | Level 2
Debt Securities, Available-for-sale [Line Items]
Marketable Securities, Debt, Adjusted Cost
Marketable Securities, Debt, Unrealized Gains
Marketable Securities, Debt, Unrealized Losses
Marketable Securities, Debt, Fair Value
Cash and Cash Equivalents
Current Marketable Securities
Non-Current Marketable Securities
Certificates of deposit and time deposits | Level 2
Debt Securities, Available-for-sale [Line Items]
Marketable Securities, Debt, Adjusted Cost
Marketable Securities, Debt, Unrealized Gains
Marketable Securities, Debt, Unrealized Losses
Marketable Securities, Debt, Fair Value
Cash and Cash Equivalents
Current Marketable Securities
Non-Current Marketable Securities
Commercial paper | Level 2
Debt Securities, Available-for-sale [Line Items]
Marketable Securities, Debt, Adjusted Cost
Marketable Securities, Debt, Unrealized Gains
Marketable Securities, Debt, Unrealized Losses
Marketable Securities, Debt, Fair Value
Cash and Cash Equivalents
Current Marketable Securities
Non-Current Marketable Securities
Corporate debt securities | Level 2
Debt Securities, Available-for-sale [Line Items]
Marketable Securities, Debt, Adjusted Cost
Marketable Securities, Debt, Unrealized Gains
Marketable Securities, Debt, Unrealized Losses
Marketable Securities, Debt, Fair Value
Cash and Cash Equivalents
Current Marketable Securities
Non-Current Marketable Securities
Municipal securities | Level 2
Debt Securities, Available-for-sale [Line Items]
Marketable Securities, Debt, Adjusted Cost
Marketable Securities, Debt, Unrealized Gains
Marketable Securities, Debt, Unrealized Losses
Marketable Securities, Debt, Fair Value
Cash and Cash Equivalents
Current Marketable Securities
Non-Current Marketable Securities
Mortgage- and asset-backed securities | Level 2
Debt Securities, Available-for-sale [Line Items]
Marketable Securities, Debt, Adjusted Cost
Marketable Securities, Debt, Unrealized Gains
Marketable Securities, Debt, Unrealized Losses
Marketable Securities, Debt, Fair Value
Cash and Cash Equivalents
Current Marketable Securities
Non-Current Marketable Securities
Sep. 25, 2021 Sep. 26, 2020

$ 189,961 $ 189,431
1,753 2,784
(1,198) (385)
190,516 191,830
34,940 38,016
27,699 52,927
127,877 100,887
17,900 18,600

9,783
11
(1)
9,793
9,608
185
0

162,873 169,487
1,742 2,784
(1,197) (385)
163,418 171,886
8,027 18,072
27,514 52,927
127,877 100,887

17,305 17,773
17,305 17,773
0 0
0 0

9,608 2,171
0 0
0 0
9,608 2,171
9,608 2,171
0 0
0 0
175
11
(1)
185
0
185
0

1,527
0
(564)
963
0
963
0

22,878 28,439
102 331
(77) 0
22,903 28,770
3,596 8,580
6,625 11,972
12,682 8,218

8,949 8,604
2 8
(64) 0
8,887 8,612
1,775 2,009
1,930 3,078
5,182 3,525

20,201 19,361
211 275
(101) (186)
20,311 19,450
390 255
3,091 3,329
16,830 15,866

1,300 10,399
0 0
0 0
1,300 10,399
490 4,043
810 6,246
0 110

2,639 11,226
0 0
0 0
2,639 11,226
1,776 3,185
863 8,041
0 0

83,883 76,937
1,242 1,834
(267) (175)
84,858 78,596
0 0
12,327 19,687
72,531 58,909

967 1,001
14 22
0 0
981 1,023
0 0
130 139
851 884

20,529 13,520
171 314
(124) (24)
20,576 13,810
0 0
775 435
$ 19,801 $ 13,375
Financial Instruments - Non-Current Marketable Debt Securities by Contractual
Maturity (Details) $ in Millions
Fair value of non-current marketable debt securities by contractual maturity
Due after 1 year through 5 years
Due after 5 years through 10 years
Due after 10 years
Total fair value
Sep. 25, 2021USD ($)

$ 83,755
23,915
20,207
$ 127,877
Financial Instruments - Additional Information (Details)
Trade receivables | Credit concentration risk
Financial Instruments [Line Items]
Number of customers that individually represented 10% or more of total trade receivables |
Customer
Trade receivables | Credit concentration risk | Cellular network carriers
Financial Instruments [Line Items]
Concentration risk, percentage
Non-trade receivables | Credit concentration risk
Financial Instruments [Line Items]
Number of vendors that individually represented 10% or more of total vendor non-trade
receivables | Vendor | Credit concentration risk | Vendor one
Non-trade receivables
Financial Instruments [Line Items]
Concentration risk, percentage
Non-trade receivables | Credit concentration risk | Vendor two
Financial Instruments [Line Items]
Concentration risk, percentage
Non-trade receivables | Credit concentration risk | Vendor Three
Financial Instruments [Line Items]
Concentration risk, percentage
Hedges of foreign currency exposure associated with revenue and inventory purchases
Financial Instruments [Line Items]
Hedged foreign currency transactions, expected recognition period
Hedges of foreign currency exposure associated with term debt and marketable securities
Financial Instruments [Line Items]
Hedged foreign currency transactions, expected recognition period
12 Months Ended
Sep. 25, 2021VendorCustomer Sep. 26, 2020CustomerVendor

0 0

42.00%

3 2

52.00% 57.00%

11.00% 11.00%

11.00%

12 months

21 years
Financial Instruments - Notional Amounts of Derivative Instruments (Details) - USD ($)
$ in Millions
Derivative instruments designated as accounting hedges | Foreign exchange contracts
Derivative [Line Items]
Derivatives, notional amount
Derivative instruments designated as accounting hedges | Interest rate contracts
Derivative [Line Items]
Derivatives, notional amount
Derivative instruments not designated as accounting hedges | Foreign exchange contracts
Derivative [Line Items]
Derivatives, notional amount
Sep. 25, 2021 Sep. 26, 2020

$ 76,475 $ 57,410

16,875 20,700

$ 126,918 $ 88,636
Financial Instruments - Derivative Instruments Designated as Fair Value Hedges and
Related Hedged Items (Details) - USD ($) $ in Millions
Current and non-current marketable securities | Foreign exchange contracts
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Carrying amount of hedged marketable securities
Current and non-current term debt | Interest rate contracts
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Carrying amount of hedged term debt
Sep. 25, 2021 Sep. 26, 2020

$ 15,954 $ 16,270

$ (17,857) $ (21,033)
Consolidated Financial Statement Details - Property, Plant and Equipment, Net (Details)
- USD ($) $ in Millions
Property, Plant and Equipment [Line Items]
Gross property, plant and equipment
Accumulated depreciation and amortization
Total property, plant and equipment, net
Land and buildings
Property, Plant and Equipment [Line Items]
Gross property, plant and equipment
Machinery, equipment and internal-use software
Property, Plant and Equipment [Line Items]
Gross property, plant and equipment
Leasehold improvements
Property, Plant and Equipment [Line Items]
Gross property, plant and equipment
Sep. 25, 2021 Sep. 26, 2020

$ 109,723 $ 103,526
(70,283) (66,760)
39,440 36,766

20,041 17,952

78,659 75,291

$ 11,023 $ 10,283
Consolidated Financial Statement Details - Other Non-Current Liabilities (Details) - USD
($) $ in Millions
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Long-term taxes payable
Other non-current liabilities
Total other non-current liabilities
Sep. 25, 2021 Sep. 26, 2020

$ 24,689 $ 28,170
28,636 26,320
$ 53,325 $ 54,490
Consolidated Financial Statement Details - Other Income/(Expense), Net (Details) - USD
($) $ in Millions
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Interest and dividend income
Interest expense
Other income/(expense), net
Total other income/(expense), net
12 Months Ended
Sep. 25, 2021 Sep. 26, 2020 Sep. 28, 2019

$ 2,843 $ 3,763 $ 4,961


(2,645) (2,873) (3,576)
60 (87) 422
$ 258 $ 803 $ 1,807
Income Taxes - Provision for Income Taxes (Details) - USD ($) $ in Millions
Federal:
Current
Deferred
Total
State:
Current
Deferred
Total
Foreign:
Current
Deferred
Total
Provision for income taxes
12 Months Ended
Sep. 25, 2021 Sep. 26, 2020 Sep. 28, 2019

$ 8,257 $ 6,306 $ 6,384


(7,176) (3,619) (2,939)
1,081 2,687 3,445

1,620 455 475


(338) 21 (67)
1,282 476 408

9,424 3,134 3,962


2,740 3,383 2,666
12,164 6,517 6,628
$ 14,527 $ 9,680 $ 10,481
Income Taxes - Additional Information (Details) $ in Millions, € in Billions
Income Tax Contingency [Line Items]
Foreign pre-tax earnings
U.S. statutory federal income tax rate
Foreign tax credit carryforwards
Research and development tax credit carryforwards
Gross unrecognized tax benefits
Gross unrecognized tax benefits that would impact effective tax rate, if recognized
Reasonably possible decrease in gross unrecognized tax benefits over next 12 months
Gross interest and penalties accrued
Interest and penalty expense
Unfavorable investigation outcome, EU State Aid rules
Income Tax Contingency [Line Items]
Number of subsidiaries impacted by the European Commission tax ruling | Subsidiary
Maximum potential loss related to European Commission tax ruling | €
Unfavorable investigation outcome, EU State Aid rules - interest component
Income Tax Contingency [Line Items]
Maximum potential loss related to European Commission tax ruling | €
Aug. 30, 2016EUR (€)Subsidiary Sep. 25, 2021USD ($) Sep. 26, 2020USD ($)

$ 68,700 $ 38,100
21.00% 21.00%
$ 2,600
1,600
15,477 $ 16,475
6,600 8,800
1,200
1,500 1,400
$ 219 $ 85

2
€ 13.1

€ 1.2
Sep. 28, 2019USD ($) Sep. 25, 2021EUR (€) Sep. 29, 2018USD ($)

$ 44,300
21.00%

$ 15,619 $ 9,694

$ 73

€ 12.7
Income Taxes - Reconciliation of the Provision for Income Taxes (Details) - USD ($) $ in
Millions
Income Tax Disclosure [Abstract]
Computed expected tax
State taxes, net of federal effect
Impacts of the U.S. Tax Cuts and Jobs Act of 2017
Earnings of foreign subsidiaries
Foreign-derived intangible income deduction
Research and development credit, net
Excess tax benefits from equity awards
Other
Provision for income taxes
Effective tax rate
12 Months Ended
Sep. 25, 2021 Sep. 26, 2020 Sep. 28, 2019

$ 22,933 $ 14,089 $ 13,805


1,151 423 423
0 (582) 0
(4,715) (2,534) (2,625)
(1,372) (169) (149)
(1,033) (728) (548)
(2,137) (930) (639)
(300) 111 214
$ 14,527 $ 9,680 $ 10,481
13.30% 14.40% 15.90%
Income Taxes - Significant Components of Deferred Tax Assets and Liabilities (Details) -
USD ($) $ in Millions
Deferred tax assets:
Amortization and depreciation
Accrued liabilities and other reserves
Lease liabilities
Deferred revenue
Tax credit carryforwards
Other
Total deferred tax assets
Less: Valuation allowance
Total deferred tax assets, net
Deferred tax liabilities:
Minimum tax on foreign earnings
Right-of-use assets
Unrealized gains
Other
Total deferred tax liabilities
Net deferred tax assets
Sep. 25, 2021 Sep. 26, 2020

$ 5,575 $ 8,317
5,895 4,934
2,406 2,038
5,399 1,638
4,262 797
1,639 1,612
25,176 19,336
(4,903) (1,041)
20,273 18,295

4,318 7,045
2,167 1,862
203 526
512 705
7,200 10,138
$ 13,073 $ 8,157
Income Taxes - Aggregate Changes in Gross Unrecognized Tax Benefits (Details) - USD
($) $ in Millions
Reconciliation of Unrecognized Tax Benefits, Excluding Amounts Pertaining to
Examined Tax Returns [Roll Forward]
Beginning balances
Increases related to tax positions taken during a prior year
Decreases related to tax positions taken during a prior year
Increases related to tax positions taken during the current year
Decreases related to settlements with taxing authorities
Decreases related to expiration of the statute of limitations
Ending balances
12 Months Ended
Sep. 25, 2021 Sep. 26, 2020 Sep. 28, 2019

$ 16,475 $ 15,619 $ 9,694


816 454 5,845
(1,402) (791) (686)
1,607 1,347 1,697
(1,838) (85) (852)
(181) (69) (79)
$ 15,477 $ 16,475 $ 15,619
Leases - Additional Information (Details) - USD ($) $ in Billions
Lessee, Lease, Description [Line Items]
Typical term of leases (not exceeding)
Fixed operating lease costs
Variable lease costs
Operating leases, rent expense, net
Fixed operating lease payments
Right-of-use assets obtained in exchange for operating and finance lease liabilities
Weighted-average remaining lease term
Weighted-average discount rate
Leases not yet commenced, future payments
Minimum
Lessee, Lease, Description [Line Items]
Leases not yet commenced, lease term
Maximum
Lessee, Lease, Description [Line Items]
Leases not yet commenced, lease term
12 Months Ended
Sep. 25, 2021 Sep. 26, 2020 Sep. 28, 2019

10 years
$ 1.7 $ 1.5
12.9 9.3
$ 1.3
1.4 1.5
$ 3.3 $ 10.5
10 years 9 months 18 days 10 years 3 months 18 days
2.00% 2.00%
$ 1.1

3 years

20 years
Leases - ROU Assets and Lease Liabilities (Details) - USD ($) $ in Millions
Lease-Related Assets and Liabilities
Operating lease right-of-use assets
Operating lease right-of-use assets, financial statement line item [Extensible Enumeration]
Finance lease right-of-use assets
Finance lease right-of-use assets, financial statement line item [Extensible Enumeration]
Total right-of-use assets
Operating lease liabilities, current
Operating lease liabilities, current, financial statement line item [Extensible Enumeration]
Operating lease liabilities, non-current
Operating lease liabilities, non-current, financial statement line item [Extensible
Enumeration]
Finance lease liabilities, current
Finance lease liabilities, current, financial statement line item [Extensible Enumeration]
Finance lease liabilities, non-current
Finance lease liabilities, non-current, financial statement line item [Extensible Enumeration]
Total lease liabilities
Sep. 25, 2021 Sep. 26, 2020

$ 10,087 $ 8,570
Other non-current assets Other non-current assets
$ 861 $ 629
Property, plant and equipment, net Property, plant and equipment, net
$ 10,948 $ 9,199
$ 1,449 $ 1,436
Other current liabilities Other current liabilities
$ 9,506 $ 7,745
Other non-current liabilities Other non-current liabilities
$ 79 $ 24
Other current liabilities Other current liabilities
$ 769 $ 637
Other non-current liabilities Other non-current liabilities
$ 11,803 $ 9,842
Leases - Lease Liability Maturities (Details) - USD ($) $ in Millions Sep. 25, 2021
Operating Leases
2022 $ 1,629
2023 1,560
2024 1,499
2025 1,251
2026 1,061
Thereafter 5,187
Total undiscounted liabilities 12,187
Less: Imputed interest (1,232)
Total lease liabilities 10,955
Finance Leases
2022 104
2023 123
2024 99
2025 46
2026 26
Thereafter 868
Total undiscounted liabilities 1,266
Less: Imputed interest (418)
Total lease liabilities 848
Total
2022 1,733
2023 1,683
2024 1,598
2025 1,297
2026 1,087
Thereafter 6,055
Total undiscounted liabilities 13,453
Less: Imputed interest (1,650)
Total lease liabilities $ 11,803
Sep. 26, 2020

$ 9,842
12 Months Ended
Debt - Additional Information (Details) - USD ($) $ in Millions
Sep. 25, 2021
Debt Instrument [Line Items]
Commercial paper $ 6,000
Proceeds from repurchase agreements
Repayments of repurchase agreements
Floating- and fixed-rate notes, aggregate principal amount 118,063
Interest expense on term debt 2,600
Commercial paper
Debt Instrument [Line Items]
Commercial paper $ 6,000
Commercial paper, general maturity period (less than) 9 months
Commercial paper, weighted-average interest rate 0.06%
Level 2
Debt Instrument [Line Items]
Floating- and fixed-rate notes, aggregate fair value $ 125,300
12 Months Ended
Sep. 26, 2020 Sep. 28, 2019

$ 4,996
5,200
(5,200)
106,078
2,800 $ 3,200

$ 5,000

0.62%

$ 117,100
Debt - Summary of Cash Flows Associated with Commercial Paper (Details) - USD ($) $
in Millions
Maturities 90 days or less:
Proceeds from/(Repayments of) commercial paper, net
Maturities greater than 90 days:
Proceeds from commercial paper
Repayments of commercial paper
Proceeds from/(Repayments of) commercial paper, net
Total proceeds from/(repayments of) commercial paper, net
12 Months Ended
Sep. 25, 2021 Sep. 26, 2020 Sep. 28, 2019

$ (357) $ 100 $ (3,248)

7,946 6,185 13,874


(6,567) (7,248) (16,603)
1,379 (1,063) (2,729)
$ 1,022 $ (963) $ (5,977)
12 Months Ended
Debt - Summary of Term Debt (Details) - USD ($) $ in Millions
Sep. 25, 2021
Debt Instrument [Line Items]
Total term debt $ 118,063
Unamortized premium/(discount) and issuance costs, net (380)
Hedge accounting fair value adjustments 1,036
Less: Current portion of term debt (9,613)
Total non-current portion of term debt 109,106
2013 – 2020 debt issuances | Floating-rate notes
Debt Instrument [Line Items]
Total term debt $ 1,750
Debt instrument, maturity year (calendar), start 2022
Debt instrument, maturity year (calendar), end 2022
2013 – 2020 debt issuances | Floating-rate notes | Minimum
Debt Instrument [Line Items]
Debt instrument, effective interest rate 0.48%
2013 – 2020 debt issuances | Floating-rate notes | Maximum
Debt Instrument [Line Items]
Debt instrument, effective interest rate 0.63%
2013 – 2020 debt issuances | Fixed-rate notes
Debt Instrument [Line Items]
Total term debt $ 95,813
Debt instrument, maturity year (calendar), start 2022
Debt instrument, maturity year (calendar), end 2060
2013 – 2020 debt issuances | Fixed-rate notes | Minimum
Debt Instrument [Line Items]
Debt instrument, stated interest rate 0.00%
Debt instrument, effective interest rate 0.03%
2013 – 2020 debt issuances | Fixed-rate notes | Maximum
Debt Instrument [Line Items]
Debt instrument, stated interest rate 4.65%
Debt instrument, effective interest rate 4.78%
Second quarter 2021 debt issuance | Fixed-rate notes
Debt Instrument [Line Items]
Total term debt $ 14,000
Debt instrument, maturity year (calendar), start 2026
Debt instrument, maturity year (calendar), end 2061
Debt instrument, effective interest rate
Second quarter 2021 debt issuance | Fixed-rate notes | Minimum
Debt Instrument [Line Items]
Debt instrument, stated interest rate 0.70%
Debt instrument, effective interest rate 0.75%
Second quarter 2021 debt issuance | Fixed-rate notes | Maximum
Debt Instrument [Line Items]
Debt instrument, stated interest rate 2.80%
Debt instrument, effective interest rate 2.81%
Fourth quarter 2021 debt issuance | Fixed-rate notes
Debt Instrument [Line Items]
Total term debt $ 6,500
Debt instrument, maturity year (calendar), start 2028
Debt instrument, maturity year (calendar), end 2061
Debt instrument, effective interest rate
Fourth quarter 2021 debt issuance | Fixed-rate notes | Minimum
Debt Instrument [Line Items]
Debt instrument, stated interest rate 1.40%
Debt instrument, effective interest rate 1.43%
Fourth quarter 2021 debt issuance | Fixed-rate notes | Maximum
Debt Instrument [Line Items]
Debt instrument, stated interest rate 2.85%
Debt instrument, effective interest rate 2.86%
Sep. 26, 2020

$ 106,078
(314)
1,676
(8,773)
98,667

$ 2,250

0.60%

1.39%

$ 103,828

0.03%

4.78%

$0

0.00%
$0

0.00%
Debt - Future Principal Payments for Term Debt (Details) - USD ($) $ in Millions
Debt Disclosure [Abstract]
2022
2023
2024
2025
2026
Thereafter
Total term debt
Sep. 25, 2021 Sep. 26, 2020

$ 9,583
11,391
10,202
10,914
11,408
64,565
$ 118,063 $ 106,078
Shareholders' Equity - Additional Information (Details) shares in Millions
Share Repurchase Program [Line Items]
Amount authorized for repurchase of common stock (up to)
Number of shares repurchased (in shares) | shares
Amount of share repurchases
Share repurchase program, amount utilized
May 2021 accelerated share repurchase agreement
Share Repurchase Program [Line Items]
Number of shares repurchased (in shares) | shares
Amount of share repurchases, accelerated share repurchase agreement
12 Months Ended
Sep. 25, 2021USD ($)shares

$ 315,000,000,000
656
$ 85,500,000,000
$ 254,100,000,000

36
$ 5,000,000,000
Shareholders' Equity - Shares of Common Stock (Details) - shares shares in Thousands
Increase (Decrease) in Shares of Common Stock Outstanding [Roll Forward]
Common stock outstanding, beginning balances (in shares)
Common stock repurchased (in shares)
Common stock outstanding, ending balances (in shares)
Common stock
Increase (Decrease) in Shares of Common Stock Outstanding [Roll Forward]
Common stock outstanding, beginning balances (in shares)
Common stock repurchased (in shares)
Common stock issued, net of shares withheld for employee taxes (in shares)
Common stock outstanding, ending balances (in shares)
12 Months Ended
Sep. 25, 2021 Sep. 26, 2020 Sep. 28, 2019

16,976,763
(656,000)
16,426,786 16,976,763

16,976,763 17,772,945 19,019,943


(656,340) (917,270) (1,380,819)
106,363 121,088 133,821
16,426,786 16,976,763 17,772,945
Benefit Plans - Additional Information (Details) shares in Millions
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Maximum portion of pre-tax earnings that can be deferred by participating U.S. employees
under 401(k)
Payments Plan authorities for employees' tax obligations
to taxing
Total unrecognized compensation cost related to RSUs and stock options
Total unrecognized compensation cost related to RSUs and stock options, weighted-average
recognition
Minimum period
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Employer matching contribution to 401(k) Plan as a percentage of employee's contribution
Maximum
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Employer matching contribution to 401(k) Plan as a percentage of employee's contribution
Employer matching contribution to 401(k) Plan as a percentage of employee's eligible
earnings
Restricted stock units
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Fair value of RSUs as of the respective vesting dates
The total shares withheld upon vesting of RSUs (in shares) | shares
Payments to taxing authorities for employees' tax obligations
Employee Stock Purchase Plan
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Shares reserved for future issuance under stock plans (in shares) | shares
Employee common stock purchases through payroll deductions, price as a percentage of fair
market
Employeevalue
Stock Purchase Plan, offering period
Payroll deductions as a percentage of employee compensation, maximum
Employee Stock Purchase Plan, maximum annual purchase amount per employee
2014 Employee Stock Plan
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Shares reserved for future issuance under stock plans (in shares) | shares
2014 Employee Stock Plan | Restricted stock units
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based award, vesting period
Number of shares of common stock issued per RSU upon vesting
Factor by which each RSU granted reduces, and each RSU canceled or share withheld for taxes
increases, the number
Non-Employee DirectorofStock
shares available for grant
Plan
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Shares reserved for future issuance under stock plans (in shares) | shares
Non-Employee Director Stock Plan | Restricted stock units
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Factor by which each RSU granted reduces, and each RSU canceled or share withheld for taxes
increases, the number of shares available for grant
12 Months Ended
Sep. 25, 2021USD ($)shares Sep. 26, 2020USD ($)shares Sep. 28, 2019USD ($)shares

$ 19,500
6,556,000,000 $ 3,634,000,000 $ 2,817,000,000
$ 13,600,000,000
2 years 6 months

50.00%

100.00%
6.00%

$ 19,000,000,000 $ 10,800,000,000 $ 8,600,000,000


53 56 59
$ 6,800,000,000 $ 3,900,000,000 $ 3,000,000,000

96
85.00%
6 months
10.00%
$ 25,000

760

4 years
1
2

2
Benefit Plans - Restricted Stock Units Activity and Related Information (Details) -
Restricted stock units - USD ($) $ / shares in Units, shares in Thousands, $ in Millions
Number of Restricted Stock Units
Beginning balance (in shares)
RSUs granted (in shares)
RSUs vested (in shares)
RSUs canceled (in shares)
Ending balance (in shares)
Weighted-Average Grant Date Fair Value Per RSU
Beginning balance (in dollars per share)
RSUs granted (in dollars per share)
RSUs vested (in dollars per share)
RSUs canceled (in dollars per share)
Ending balance (in dollars per share)
Aggregate Fair Value
Aggregate fair value of RSUs
12 Months Ended
Sep. 25, 2021 Sep. 26, 2020 Sep. 28, 2019

310,778 326,068 368,618


89,363 156,800 147,409
(145,766) (157,743) (168,350)
(13,948) (14,347) (21,609)
240,427 310,778 326,068

$ 51.58 $ 42.30 $ 33.65


116.33 59.20 53.99
50.71 40.29 33.80
68.95 48.07 40.71
$ 75.16 $ 51.58 $ 42.30

$ 35,324
Benefit Plans - Summary of Share-Based Compensation Expense and the Related
Income Tax Benefit (Details) - USD ($) $ in Millions
Share-based Payment Arrangement [Abstract]
Share-based compensation expense
Income tax benefit related to share-based compensation expense
12 Months Ended
Sep. 25, 2021 Sep. 26, 2020 Sep. 28, 2019

$ 7,906 $ 6,829 $ 6,068


$ (4,056) $ (2,476) $ (1,967)
Commitments and Contingencies - Changes in Accrued Warranties and Related Costs
(Details) - USD ($) $ in Millions
Changes in Accrued Warranties and Related Costs [Roll Forward]
Beginning accrued warranty and related costs
Cost of warranty claims
Accruals for product warranty
Ending accrued warranty and related costs
12 Months Ended
Sep. 25, 2021 Sep. 26, 2020 Sep. 28, 2019

$ 3,354 $ 3,570 $ 3,692


(2,674) (2,956) (3,857)
2,684 2,740 3,735
$ 3,364 $ 3,354 $ 3,570
Commitments and Contingencies - Future Payments Under Unconditional Purchase
Obligations (Details) $ in Millions
Future payments under unconditional purchase obligations with a remaining term in
excess
2022 of one year
2023
2024
2025
2026
Thereafter
Total
Sep. 25, 2021USD ($)

$ 4,551
2,165
984
405
51
28
$ 8,184
Commitments and Contingencies - Additional Information (Details) $ in Millions, € in
Billions
VirnetX | Pending Litigation
Commitments and Contingencies Disclosure [Line Items]
Award from legal proceedings, due to other party
iOS Performance Management | Litigation, final court approval
Commitments and Contingencies Disclosure [Line Items]
Award from legal proceedings, due to other party
French Competition Authority | Pending Litigation
Commitments and Contingencies Disclosure [Line Items]
Award from legal proceedings, due to other party | €
Optis | Pending Litigation
Commitments and Contingencies Disclosure [Line Items]
Award from legal proceedings, due to other party
Mar. 18, 2021USD ($) Mar. 16, 2020EUR (€) Aug. 31, 2021USD ($) Oct. 31, 2020USD ($)

$ 503

$ 310

€ 1.1

$ 300
Segment Information and Geographic Data - Information by Reportable Segment
(Details) - USD ($) $ in Millions
Segment Reporting Information [Line Items]
Net sales
Operating income
Americas
Segment Reporting Information [Line Items]
Net sales
Operating income
Europe
Segment Reporting Information [Line Items]
Net sales
Operating income
Greater China
Segment Reporting Information [Line Items]
Net sales
Operating income
Japan
Segment Reporting Information [Line Items]
Net sales
Operating income
Rest of Asia Pacific
Segment Reporting Information [Line Items]
Net sales
Operating income
12 Months Ended
Sep. 25, 2021 Sep. 26, 2020 Sep. 28, 2019

$ 365,817 $ 274,515 $ 260,174


108,949 66,288 63,930

153,306 124,556 116,914


53,382 37,722 35,099

89,307 68,640 60,288


32,505 22,170 19,195

68,366 40,308 43,678


28,504 15,261 16,232

28,482 21,418 21,506


12,798 9,279 9,369

26,356 19,593 17,788


$ 9,817 $ 6,808 $ 6,055
Segment Information and Geographic Data - Reconciliation of Segment Operating
Income to the Consolidated Statements of Operations (Details) - USD ($) $ in Millions
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to
Consolidated [Line Items]
Operating income
Research and development expense
Operating segments
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to
Consolidated [Line Items]
Operating income
Segment reconciling items
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to
Consolidated [Line Items]expense
Research and development
Corporate non-segment
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to
Consolidated [Line
Other corporate Items]net
expenses,
12 Months Ended
Sep. 25, 2021 Sep. 26, 2020 Sep. 28, 2019

$ 108,949 $ 66,288 $ 63,930


(21,914) (18,752) (16,217)

137,006 91,240 85,950

(21,914) (18,752) (16,217)

$ (6,143) $ (6,200) $ (5,803)


Segment Information and Geographic Data - Net Sales (Details) - USD ($) $ in Millions
Revenues from External Customers and Long-Lived Assets [Line Items]
Net sales
U.S.
Revenues from External Customers and Long-Lived Assets [Line Items]
Net sales
China
Revenues from External Customers and Long-Lived Assets [Line Items]
Net sales
Other countries
Revenues from External Customers and Long-Lived Assets [Line Items]
Net sales
12 Months Ended
Sep. 25, 2021 Sep. 26, 2020 Sep. 28, 2019

$ 365,817 $ 274,515 $ 260,174

133,803 109,197 102,266

68,366 40,308 43,678

$ 163,648 $ 125,010 $ 114,230


Segment Information and Geographic Data - Long-Lived Assets (Details) - USD ($) $ in
Millions
Revenues from External Customers and Long-Lived Assets [Line Items]
Long-lived assets
U.S.
Revenues from External Customers and Long-Lived Assets [Line Items]
Long-lived assets
China
Revenues from External Customers and Long-Lived Assets [Line Items]
Long-lived assets
Other countries
Revenues from External Customers and Long-Lived Assets [Line Items]
Long-lived assets
Sep. 25, 2021 Sep. 26, 2020

$ 39,440 $ 36,766

28,203 25,890

7,521 7,256

$ 3,716 $ 3,620

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