Rendering

Component: (Network and Table)
Network
2306301 - Disclosure - Debt (Tables)
(http://www.apple.com/role/DebtTables)
Table(Implied)
Slicers (applies to each fact value in each table cell)
Debt Disclosure [Abstract]Period [Axis]
2015-09-27 - 2016-09-24
Debt Disclosure [Abstract]
 
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 2016 and 2015 (in millions):
 
2016
 
2015
Maturities less than 90 days:
 
 
 
Proceeds from (repayments of) commercial paper, net
$
(869
)
 
$
5,293

 
 
 
 
Maturities greater than 90 days:
 
 
 
Proceeds from commercial paper
3,632

 
3,851

Repayments of commercial paper
(3,160
)
 
(6,953
)
Maturities greater than 90 days, net
472


(3,102
)
Total change in commercial paper, net
$
(397
)

$
2,191

 
 
Summary of Term Debt
The following table provides a summary of the Company’s term debt as of September 24, 2016 and September 26, 2015:
 
Maturities
 
2016
 
2015
 
Amount
(in millions)
 
Effective
Interest Rate
 
Amount
(in millions)
 
Effective
Interest Rate
2013 debt issuance of $17.0 billion:
 
 
 
 
 
 
 
 
 
Floating-rate notes
2018
 
$
2,000

 
1.10%

 
$
3,000

 
0.51% - 1.10%

Fixed-rate 1.000% - 3.850% notes
2018 - 2043
 
12,500

 
1.08% - 3.91%

 
14,000

 
0.51% - 3.91%

 
 
 
 
 
 
 
 
 
 
2014 debt issuance of $12.0 billion:
 
 
 
 
 
 
 
 
 
Floating-rate notes
2017 - 2019
 
2,000

 
0.86% - 1.09%

 
2,000

 
0.37% - 0.60%

Fixed-rate 1.050% - 4.450% notes
2017 - 2044
 
10,000

 
0.85% - 4.48%

 
10,000

 
0.37% - 4.48%

 
 
 
 
 
 
 
 
 
 
2015 debt issuances of $27.3 billion:
 
 
 
 
 
 
 
 
 
Floating-rate notes
2017 - 2020
 
1,781

 
0.87% - 1.87%

 
1,743

 
0.36% - 1.87%

Fixed-rate 0.350% - 4.375% notes
2017 - 2045
 
25,144

 
0.28% - 4.51%

 
24,958

 
0.28% - 4.51%

 
 
 
 
 
 
 
 
 
 
Second quarter 2016 debt issuance of $15.5 billion:
 
 
 
 
 
 
 
 
 
Floating-rate notes
2019
 
500

 
1.64
%
 

 

Floating-rate notes
2021
 
500

 
1.95
%
 

 

Fixed-rate 1.300% notes
2018
 
500

 
1.32
%
 

 

Fixed-rate 1.700% notes
2019
 
1,000

 
1.71
%
 

 

Fixed-rate 2.250% notes
2021
 
3,000

 
1.91
%
 

 

Fixed-rate 2.850% notes
2023
 
1,500

 
2.58
%
 

 

Fixed-rate 3.250% notes
2026
 
3,250

 
2.51
%
 

 

Fixed-rate 4.500% notes
2036
 
1,250

 
4.54
%
 

 

Fixed-rate 4.650% notes
2046
 
4,000

 
4.58
%
 

 

 
 
 

 
 
 

 
 
Third quarter 2016 Australian dollar-denominated debt issuance of A$1.4 billion:
 
 
 
 
 
 
 
 
 
Fixed-rate 2.650% notes
2020
 
493

 
1.92
%
 

 

Fixed-rate 3.350% notes
2024
 
342

 
2.61
%
 

 

Fixed-rate 3.600% notes
2026
 
247

 
2.84
%
 

 

 
 
 

 
 
 

 
 
Third quarter 2016 debt issuance of $1.4 billion:
 
 
 
 
 
 
 
 
 
Fixed-rate 4.150% notes
2046
 
1,377

 
4.15
%
 

 

 
 
 
 
 
 
 
 
 
 
Fourth quarter 2016 debt issuance of $7.0 billion:
 
 
 
 
 
 
 
 
 
Floating-rate notes
2019
 
350

 
0.91
%
 

 

Fixed-rate 1.100% notes
2019
 
1,150

 
1.13
%
 

 

Fixed-rate 1.550% notes
2021
 
1,250

 
1.40
%
 

 

Fixed-rate 2.450% notes
2026
 
2,250

 
2.15
%
 

 

Fixed-rate 3.850% notes
2046
 
2,000

 
3.86
%
 

 

Total term debt
 
 
78,384

 
 
 
55,701

 
 
 
 
 
 
 
 
 
 
 
 
Unamortized premium/(discount) and issuance costs, net
 
 
(174
)
 
 
 
(248
)
 
 
Hedge accounting fair value adjustments
 
 
717

 
 
 
376

 
 
Less: Current portion of long-term debt, net
 
 
(3,500
)
 
 
 
(2,500
)
 
 
Total long-term debt
 
 
$
75,427

 
 
 
$
53,329

 
 
 
 
Future Principal Payments for Notes
The future principal payments for the Company’s Notes as of September 24, 2016 are as follows (in millions):
2017
$
3,500

2018
6,500

2019
6,834

2020
6,454

2021
7,750

Thereafter
47,346

Total term debt
$
78,384