2019 Q3 Form 10-Q Financial Statement

#000173016819000118 Filed on September 13, 2019

View on sec.gov

Income Statement

Concept 2019 Q3 2018 Q3 2018 Q2
Revenue $5.515B $5.063B $5.014B
YoY Change 8.93% 13.44% 19.67%
Cost Of Revenue $2.481B $2.444B $2.463B
YoY Change 1.51% 5.62% 11.25%
Gross Profit $3.034B $2.619B $2.551B
YoY Change 15.85% 21.87% 29.1%
Gross Profit Margin 55.01% 51.73% 50.88%
Selling, General & Admin $410.0M $234.0M $294.0M
YoY Change 75.21% 17.0% 44.12%
% of Gross Profit 13.51% 8.93% 11.52%
Research & Development $1.235B $959.0M $936.0M
YoY Change 28.78% 15.96% 12.91%
% of Gross Profit 40.71% 36.62% 36.69%
Depreciation & Amortization $1.450B $965.0M $964.0M
YoY Change 50.26% -20.31% -19.2%
% of Gross Profit 47.79% 36.85% 37.79%
Operating Expenses $2.169B $1.280B $1.350B
YoY Change 69.45% -14.72% -10.12%
Operating Profit $865.0M $1.339B $1.201B
YoY Change -35.4% 106.64% 153.38%
Interest Expense $362.0M $149.0M $148.0M
YoY Change 142.95% 33.04% 32.14%
% of Operating Profit 41.85% 11.13% 12.32%
Other Income/Expense, Net $41.00M $39.00M $46.00M
YoY Change 5.13% 225.0% 1433.33%
Pretax Income $544.0M $1.229B $1.099B
YoY Change -55.74% 124.27% 201.1%
Income Tax -$171.0M $32.00M -$2.637B
% Of Pretax Income -31.43% 2.6% -239.95%
Net Earnings $715.0M $1.196B $3.718B
YoY Change -40.22% 148.65% 745.0%
Net Earnings / Revenue 12.96% 23.62% 74.15%
Basic Earnings Per Share $1.80 $2.78 $8.83
Diluted Earnings Per Share $1.71 $2.71 $8.33
COMMON SHARES
Basic Shares Outstanding 398.0M shares 430.0M shares 421.0M shares
Diluted Shares Outstanding 418.0M shares 441.0M shares 448.0M shares

Balance Sheet

Concept 2019 Q3 2018 Q3 2018 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $5.462B $4.136B $8.187B
YoY Change 32.06% -24.1% 83.81%
Cash & Equivalents $5.462B $4.136B $8.187B
Short-Term Investments
Other Short-Term Assets $806.0M $333.0M $303.0M
YoY Change 142.04% -48.45% -51.9%
Inventory $1.091B $1.216B $1.235B
Prepaid Expenses $402.0M $223.0M $174.0M
Receivables $3.539B $3.010B $2.749B
Other Receivables $0.00 $73.00M $87.00M
Total Short-Term Assets $10.90B $8.695B $12.47B
YoY Change 25.34% -12.55% 47.31%
LONG-TERM ASSETS
Property, Plant & Equipment $2.611B $2.695B $2.720B
YoY Change -3.12% -7.36% -1.52%
Goodwill $36.69B $26.92B $26.91B
YoY Change 36.28%
Intangibles $18.88B $11.60B $12.35B
YoY Change 62.78%
Long-Term Investments
YoY Change
Other Assets $693.0M $464.0M $488.0M
YoY Change 49.35% 1.53% -45.6%
Total Long-Term Assets $58.87B $41.68B $42.46B
YoY Change 41.25% 4.2% 2.61%
TOTAL ASSETS
Total Short-Term Assets $10.90B $8.695B $12.47B
Total Long-Term Assets $58.87B $41.68B $42.46B
Total Assets $69.77B $50.37B $54.94B
YoY Change 38.5% 0.86% 10.2%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $996.0M $785.0M $836.0M
YoY Change 26.88% -32.21% -9.62%
Accrued Expenses $666.0M $257.0M $417.0M
YoY Change 159.14% -52.93% -10.13%
Deferred Revenue $1.872B
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $3.537B $117.0M $117.0M
YoY Change 2923.08%
Total Short-Term Liabilities $8.282B $2.187B $2.124B
YoY Change 278.69% -1.4% 3.51%
LONG-TERM LIABILITIES
Long-Term Debt $34.03B $17.49B $17.48B
YoY Change 94.59% 28.85% 28.85%
Other Long-Term Liabilities $5.954B $3.246B $3.264B
YoY Change 83.43% -71.65% -72.54%
Total Long-Term Liabilities $39.98B $20.73B $20.75B
YoY Change 92.84% -17.13% -18.5%
TOTAL LIABILITIES
Total Short-Term Liabilities $8.282B $2.187B $2.124B
Total Long-Term Liabilities $39.98B $20.73B $20.75B
Total Liabilities $48.26B $22.92B $22.87B
YoY Change 110.58% -23.95% -24.83%
SHAREHOLDERS EQUITY
Retained Earnings $0.00 $4.267B $7.868B
YoY Change -100.0%
Common Stock
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $21.50B $27.45B $32.07B
YoY Change
Total Liabilities & Shareholders Equity $69.77B $50.37B $54.94B
YoY Change 38.5% 0.86% 10.2%

Cashflow Statement

Concept 2019 Q3 2018 Q3 2018 Q2
OPERATING ACTIVITIES
Net Income $715.0M $1.196B $3.718B
YoY Change -40.22% 148.65% 745.0%
Depreciation, Depletion And Amortization $1.450B $965.0M $964.0M
YoY Change 50.26% -20.31% -19.2%
Cash From Operating Activities $2.419B $2.247B $2.313B
YoY Change 7.65% 35.69% 46.11%
INVESTING ACTIVITIES
Capital Expenditures -$112.0M -$120.0M -$189.0M
YoY Change -6.67% -52.94% -26.17%
Acquisitions
YoY Change
Other Investing Activities $77.00M -$54.00M $34.00M
YoY Change -242.59% 1700.0% -114.35%
Cash From Investing Activities -$35.00M -$174.0M -$155.0M
YoY Change -79.89% -32.56% -68.56%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $736.0M $5.378B $347.0M
YoY Change -86.31%
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -2.250B -6.124B -1.047B
YoY Change -63.26% 1419.6% 181.45%
NET CHANGE
Cash From Operating Activities 2.419B 2.247B 2.313B
Cash From Investing Activities -35.00M -174.0M -155.0M
Cash From Financing Activities -2.250B -6.124B -1.047B
Net Change In Cash 134.0M -4.051B 1.111B
YoY Change -103.31% -507.14% 54.74%
FREE CASH FLOW
Cash From Operating Activities $2.419B $2.247B $2.313B
Capital Expenditures -$112.0M -$120.0M -$189.0M
Free Cash Flow $2.531B $2.367B $2.502B
YoY Change 6.93% 23.86% 36.05%

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IncomeLossFromContinuingOperationsPerBasicShare
26.58
CY2019Q3 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare
0
CY2018Q3 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare
0
us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare
-0.03
us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare
-0.05
CY2018Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
2.78
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
4.70
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
26.53
CY2019Q3 us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
1.71
CY2018Q3 us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
2.71
us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
4.50
us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
25.78
CY2019Q3 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare
0
CY2018Q3 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare
0
us-gaap Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare
-0.03
us-gaap Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare
-0.04
CY2019Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.71
CY2018Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
2.71
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
4.47
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
25.74
CY2019Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
398000000 shares
CY2018Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
430000000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
399000000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
420000000 shares
CY2019Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
418000000 shares
CY2018Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
441000000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
420000000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
433000000 shares
CY2019Q3 us-gaap Profit Loss
ProfitLoss
715000000 USD
CY2018Q3 us-gaap Profit Loss
ProfitLoss
1196000000 USD
us-gaap Profit Loss
ProfitLoss
1877000000 USD
us-gaap Profit Loss
ProfitLoss
11495000000 USD
CY2019Q3 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansNetOfTax
0 USD
CY2018Q3 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansNetOfTax
0 USD
us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansNetOfTax
0 USD
us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansNetOfTax
1000000 USD
CY2019Q3 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
0 USD
CY2018Q3 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
0 USD
us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
0 USD
us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
1000000 USD
CY2019Q3 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
715000000 USD
CY2018Q3 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
1196000000 USD
us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
1877000000 USD
us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
11496000000 USD
CY2019Q3 us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
0 USD
CY2018Q3 us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
0 USD
us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
0 USD
us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
351000000 USD
CY2019Q3 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
715000000 USD
CY2018Q3 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
1196000000 USD
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
1877000000 USD
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
11145000000 USD
us-gaap Profit Loss
ProfitLoss
1877000000 USD
us-gaap Profit Loss
ProfitLoss
11495000000 USD
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
3930000000 USD
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
2730000000 USD
us-gaap Depreciation
Depreciation
426000000 USD
us-gaap Depreciation
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383000000 USD
us-gaap Share Based Compensation
ShareBasedCompensation
1641000000 USD
us-gaap Share Based Compensation
ShareBasedCompensation
910000000 USD
avgo Deferred Income Taxesand Other Noncash Tax Expense
DeferredIncomeTaxesandOtherNoncashTaxExpense
-708000000 USD
avgo Deferred Income Taxesand Other Noncash Tax Expense
DeferredIncomeTaxesandOtherNoncashTaxExpense
-8512000000 USD
us-gaap Restructuring Costs And Asset Impairment Charges
RestructuringCostsAndAssetImpairmentCharges
113000000 USD
us-gaap Restructuring Costs And Asset Impairment Charges
RestructuringCostsAndAssetImpairmentCharges
13000000 USD
us-gaap Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
50000000 USD
us-gaap Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
18000000 USD
us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
81000000 USD
us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
-22000000 USD
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
-201000000 USD
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
340000000 USD
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
-33000000 USD
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
-325000000 USD
us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
105000000 USD
us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
-353000000 USD
us-gaap Increase Decrease In Employee Related Liabilities
IncreaseDecreaseInEmployeeRelatedLiabilities
-360000000 USD
us-gaap Increase Decrease In Employee Related Liabilities
IncreaseDecreaseInEmployeeRelatedLiabilities
-87000000 USD
us-gaap Pension And Other Postretirement Benefit Contributions
PensionAndOtherPostretirementBenefitContributions
0 USD
us-gaap Pension And Other Postretirement Benefit Contributions
PensionAndOtherPostretirementBenefitContributions
130000000 USD
us-gaap Increase Decrease In Other Current Assets And Liabilities Net
IncreaseDecreaseInOtherCurrentAssetsAndLiabilitiesNet
-115000000 USD
us-gaap Increase Decrease In Other Current Assets And Liabilities Net
IncreaseDecreaseInOtherCurrentAssetsAndLiabilitiesNet
-206000000 USD
us-gaap Increase Decrease In Other Noncurrent Assets And Liabilities Net
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124000000 USD
us-gaap Increase Decrease In Other Noncurrent Assets And Liabilities Net
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435000000 USD
us-gaap Net Cash Provided By Used In Operating Activities
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7218000000 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
6245000000 USD
us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
16033000000 USD
us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
4793000000 USD
us-gaap Proceeds From Divestiture Of Businesses
ProceedsFromDivestitureOfBusinesses
957000000 USD
us-gaap Proceeds From Divestiture Of Businesses
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782000000 USD
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
336000000 USD
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
529000000 USD
us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
82000000 USD
us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
238000000 USD
us-gaap Payments To Acquire Investments
PaymentsToAcquireInvestments
5000000 USD
us-gaap Payments To Acquire Investments
PaymentsToAcquireInvestments
249000000 USD
us-gaap Proceeds From Sale Maturity And Collections Of Investments
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5000000 USD
us-gaap Proceeds From Sale Maturity And Collections Of Investments
ProceedsFromSaleMaturityAndCollectionsOfInvestments
54000000 USD
us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
4000000 USD
us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
59000000 USD
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-15334000000 USD
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-4556000000 USD
us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
28793000000 USD
us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
0 USD
us-gaap Repayments Of Debt
RepaymentsOfDebt
12000000000 USD
us-gaap Repayments Of Debt
RepaymentsOfDebt
856000000 USD
us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
46000000 USD
us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
0 USD
us-gaap Proceeds From Other Debt
ProceedsFromOtherDebt
1345000000 USD
us-gaap Proceeds From Other Debt
ProceedsFromOtherDebt
0 USD
us-gaap Payments Of Dividends
PaymentsOfDividends
3181000000 USD
us-gaap Payments Of Dividends
PaymentsOfDividends
2275000000 USD
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
5002000000 USD
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
5725000000 USD
us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
818000000 USD
us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
35000000 USD
us-gaap Proceeds From Issuance Of Common Stock
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194000000 USD
us-gaap Proceeds From Issuance Of Common Stock
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153000000 USD
us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
1000000 USD
us-gaap Proceeds From Payments For Other Financing Activities
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us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
9286000000 USD
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
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us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
1170000000 USD
us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
-7068000000 USD
CY2018Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
4292000000 USD
CY2017Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
11204000000 USD
CY2019Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
5462000000 USD
CY2018Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
4136000000 USD
CY2018Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
26657000000 USD
CY2019Q1 us-gaap Profit Loss
ProfitLoss
471000000 USD
CY2019Q1 us-gaap New Accounting Pronouncement Or Change In Accounting Principle Effect Of Adoption Quantification
NewAccountingPronouncementOrChangeInAccountingPrincipleEffectOfAdoptionQuantification
7000000 USD
CY2019Q1 avgo Business Combination Fair Valueof Partially Vested Equity Awards
BusinessCombinationFairValueofPartiallyVestedEquityAwards
67000000 USD
CY2019Q1 us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
1067000000 USD
CY2019Q1 us-gaap Stock Issued During Period Value Share Based Compensation Gross
StockIssuedDuringPeriodValueShareBasedCompensationGross
62000000 USD
CY2019Q1 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
540000000 USD
CY2019Q1 us-gaap Stock Repurchased And Retired During Period Value
StockRepurchasedAndRetiredDuringPeriodValue
3436000000 USD
CY2019Q1 us-gaap Adjustments Related To Tax Withholding For Share Based Compensation
AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation
77000000 USD
CY2019Q1 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
23224000000 USD
CY2019Q2 us-gaap Profit Loss
ProfitLoss
691000000 USD
CY2019Q2 us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
1057000000 USD
CY2019Q2 us-gaap Stock Issued During Period Value Share Based Compensation Gross
StockIssuedDuringPeriodValueShareBasedCompensationGross
121000000 USD
CY2019Q2 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
544000000 USD
CY2019Q2 us-gaap Stock Repurchased And Retired During Period Value
StockRepurchasedAndRetiredDuringPeriodValue
830000000 USD
CY2019Q2 us-gaap Adjustments Related To Tax Withholding For Share Based Compensation
AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation
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CY2019Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
22172000000 USD
CY2019Q3 us-gaap Profit Loss
ProfitLoss
715000000 USD
CY2019Q3 us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
1057000000 USD
CY2019Q3 us-gaap Stock Issued During Period Value Share Based Compensation Gross
StockIssuedDuringPeriodValueShareBasedCompensationGross
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CY2019Q3 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
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632000000 USD
CY2019Q3 us-gaap Stock Repurchased And Retired During Period Value
StockRepurchasedAndRetiredDuringPeriodValue
736000000 USD
CY2019Q3 us-gaap Adjustments Related To Tax Withholding For Share Based Compensation
AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation
234000000 USD
CY2019Q3 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
21503000000 USD
CY2017Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
23186000000 USD
us-gaap Profit Loss
ProfitLoss
6566000000 USD
us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
9000000 USD
us-gaap New Accounting Pronouncement Or Change In Accounting Principle Effect Of Adoption Quantification
NewAccountingPronouncementOrChangeInAccountingPrincipleEffectOfAdoptionQuantification
-266000000 USD
avgo Business Combination Fair Valueof Partially Vested Equity Awards
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8000000 USD
us-gaap Dividends Common Stock Cash
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717000000 USD
us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
38000000 USD
us-gaap Stock Issued During Period Value Conversion Of Units
StockIssuedDuringPeriodValueConversionOfUnits
0 USD
us-gaap Stock Issued During Period Value Share Based Compensation Gross
StockIssuedDuringPeriodValueShareBasedCompensationGross
34000000 USD
us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
299000000 USD
CY2018Q1 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
29081000000 USD
CY2018Q2 us-gaap Profit Loss
ProfitLoss
3733000000 USD
CY2018Q2 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-8000000 USD
CY2018Q2 us-gaap New Accounting Pronouncement Or Change In Accounting Principle Effect Of Adoption Quantification
NewAccountingPronouncementOrChangeInAccountingPrincipleEffectOfAdoptionQuantification
0 USD
CY2018Q2 us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
727000000 USD
CY2018Q2 us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
39000000 USD
CY2018Q2 us-gaap Stock Issued During Period Value Conversion Of Units
StockIssuedDuringPeriodValueConversionOfUnits
0 USD
CY2018Q2 us-gaap Stock Issued During Period Value Share Based Compensation Gross
StockIssuedDuringPeriodValueShareBasedCompensationGross
80000000 USD
CY2018Q2 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
296000000 USD
CY2018Q2 us-gaap Stock Repurchased And Retired During Period Value
StockRepurchasedAndRetiredDuringPeriodValue
347000000 USD
CY2018Q2 us-gaap Adjustments Related To Tax Withholding For Share Based Compensation
AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation
2000000 USD
CY2018Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
32067000000 USD
CY2018Q3 us-gaap Profit Loss
ProfitLoss
1196000000 USD
CY2018Q3 us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
754000000 USD
CY2018Q3 us-gaap Stock Issued During Period Value Share Based Compensation Gross
StockIssuedDuringPeriodValueShareBasedCompensationGross
39000000 USD
CY2018Q3 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
315000000 USD
CY2018Q3 us-gaap Stock Repurchased And Retired During Period Value
StockRepurchasedAndRetiredDuringPeriodValue
5378000000 USD
CY2018Q3 us-gaap Adjustments Related To Tax Withholding For Share Based Compensation
AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation
33000000 USD
CY2018Q3 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
27452000000 USD
us-gaap Number Of Reportable Segments
NumberOfReportableSegments
3 segment
us-gaap Fiscal Period
FiscalPeriod
<div style="line-height:120%;padding-top:8px;text-indent:30px;font-size:10pt;"><span style="font-family:Calibri,sans-serif;font-size:10pt;">We operate on a </span><span style="font-family:Calibri,sans-serif;font-size:10pt;"><span>52- or 53-week</span></span><span style="font-family:Calibri,sans-serif;font-size:10pt;"> fiscal year ending on the Sunday closest to October 31 in a 52-week year and the first Sunday in November in a 53-week year. Our fiscal year ending </span><span style="font-family:Calibri,sans-serif;font-size:10pt;">November 3, 2019</span><span style="font-family:Calibri,sans-serif;font-size:10pt;"> (“fiscal year </span><span style="font-family:Calibri,sans-serif;font-size:10pt;">2019</span><span style="font-family:Calibri,sans-serif;font-size:10pt;">”) is a 52-week fiscal year. The first quarter of our fiscal year </span><span style="font-family:Calibri,sans-serif;font-size:10pt;">2019</span><span style="font-family:Calibri,sans-serif;font-size:10pt;"> ended on February 3, 2019, the second quarter ended on May 5, 2019 and the third quarter ended on August 4, 2019. Our fiscal year ended </span><span style="font-family:Calibri,sans-serif;font-size:10pt;">November 4, 2018</span><span style="font-family:Calibri,sans-serif;font-size:10pt;"> (“fiscal year </span><span style="font-family:Calibri,sans-serif;font-size:10pt;">2018</span><span style="font-family:Calibri,sans-serif;font-size:10pt;">”) was a 53-week fiscal year, with the first fiscal quarter containing 14 weeks.</span></div>
avgo Fiscal Period End
FiscalPeriodEnd
52- or 53-week
us-gaap Use Of Estimates
UseOfEstimates
<div style="line-height:120%;padding-top:8px;text-align:left;text-indent:30px;font-size:10pt;"><span style="font-family:Calibri,sans-serif;font-size:10pt;font-style:italic;">Use of estimates. </span><span style="font-family:Calibri,sans-serif;font-size:10pt;">The preparation of condensed consolidated financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the condensed consolidated financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates, and such differences could affect the results of operations reported in future periods.</span></div>
us-gaap Prior Period Reclassification Adjustment Description
PriorPeriodReclassificationAdjustmentDescription
<div style="line-height:120%;padding-top:8px;text-align:left;text-indent:30px;font-size:10pt;"><span style="font-family:Calibri,sans-serif;font-size:10pt;font-style:italic;">Reclassifications.</span><span style="font-family:Calibri,sans-serif;font-size:10pt;"> Certain reclassifications have been made to the prior period condensed consolidated statements of operations and condensed consolidated statement of cash flows to conform to current period presentation. These reclassifications had no impact on previously reported net income or net cash activities.</span></div>
CY2019Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
5515000000 USD
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
16821000000 USD
CY2018Q4 us-gaap Contract With Customer Asset Net
ContractWithCustomerAssetNet
18000000 USD
CY2018Q4 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
272000000 USD
CY2019Q3 us-gaap Contract With Customer Asset Net
ContractWithCustomerAssetNet
229000000 USD
CY2019Q3 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
2269000000 USD
us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
173000000 USD
CY2019Q3 us-gaap Capitalized Contract Cost Net
CapitalizedContractCostNet
0 USD
CY2018Q4 us-gaap Assets Held For Sale Not Part Of Disposal Group Current Other
AssetsHeldForSaleNotPartOfDisposalGroupCurrentOther
80000000 USD
CY2019Q3 us-gaap Proceeds From Sale Of Property Held For Sale
ProceedsFromSaleOfPropertyHeldForSale
56000000 USD
CY2019Q3 us-gaap Gain Loss On Sale Of Properties
GainLossOnSaleOfProperties
8000000 USD
CY2019Q3 us-gaap Financing Receivable Significant Sales
FinancingReceivableSignificantSales
375000000 USD
us-gaap Financing Receivable Significant Sales
FinancingReceivableSignificantSales
465000000 USD
CY2018Q3 us-gaap Financing Receivable Significant Sales
FinancingReceivableSignificantSales
305000000 USD
us-gaap Financing Receivable Significant Sales
FinancingReceivableSignificantSales
362000000 USD
CY2019Q3 us-gaap Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
329000000 USD
CY2018Q4 us-gaap Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
483000000 USD
CY2019Q3 us-gaap Inventory Work In Process Net Of Reserves
InventoryWorkInProcessNetOfReserves
567000000 USD
CY2018Q4 us-gaap Inventory Work In Process Net Of Reserves
InventoryWorkInProcessNetOfReserves
505000000 USD
CY2019Q3 us-gaap Inventory Raw Materials Net Of Reserves
InventoryRawMaterialsNetOfReserves
195000000 USD
CY2018Q4 us-gaap Inventory Raw Materials Net Of Reserves
InventoryRawMaterialsNetOfReserves
136000000 USD
CY2019Q3 us-gaap Inventory Net
InventoryNet
1091000000 USD
CY2018Q4 us-gaap Inventory Net
InventoryNet
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CY2019Q3 us-gaap Contract With Customer Liability Noncurrent
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us-gaap Income Taxes Paid Net
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CY2019Q3 us-gaap Goodwill
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2720000000 USD
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us-gaap Income Loss From Discontinued Operations Net Of Tax Attributable To Noncontrolling Interest
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420000000 shares
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us-gaap Income Loss From Continuing Operations Per Basic Share
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us-gaap Earnings Per Share Basic
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us-gaap Earnings Per Share Basic
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CY2018Q3 us-gaap Distribution Made To Limited Partner Cash Distributions Paid
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us-gaap Distribution Made To Limited Partner Cash Distributions Paid
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us-gaap Earnings Per Share Diluted
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us-gaap Earnings Per Share Diluted
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22000000 shares
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us-gaap Common Stock Dividends Per Share Cash Paid
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us-gaap Common Stock Dividends Per Share Cash Paid
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CY2019Q3 us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Accrued
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190000000 USD
us-gaap Allocated Share Based Compensation Expense
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910000000 USD
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77000000 USD
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12000000000 USD
CY2019Q3 us-gaap Stock Repurchase Program Authorized Amount1
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18000000000 USD
CY2019Q3 us-gaap Stock Repurchased And Retired During Period Shares
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2000000 shares
us-gaap Stock Repurchased And Retired During Period Shares
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19000000 shares
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us-gaap Payments For Repurchase Of Common Stock
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24000000 shares
us-gaap Stock Repurchased And Retired During Period Shares
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26000000 shares
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us-gaap Payments For Repurchase Of Common Stock
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CY2019Q3 us-gaap Stock Repurchase Program Remaining Authorized Repurchase Amount1
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5740000000 USD
CY2019Q3 us-gaap Allocated Share Based Compensation Expense
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6108000000 USD
us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Period For Recognition1
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P4Y2M12D
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4582000000 USD
avgo Thresholdforreportingintheequityawardactivitytable
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500000 shares
CY2019Q3 us-gaap Income Tax Expense Benefit
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us-gaap Income Tax Expense Benefit
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CY2018Q3 us-gaap Income Tax Expense Benefit
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32000000 USD
us-gaap Income Tax Expense Benefit
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75000000 USD
CY2019Q3 us-gaap Other Tax Expense Benefit
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47000000 USD
CY2019Q3 us-gaap Excess Tax Benefit From Share Based Compensation Operating Activities
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34000000 USD
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25000000 USD
us-gaap Excess Tax Benefit From Share Based Compensation Operating Activities
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206000000 USD
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121000000 USD
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75000000 USD
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CY2019Q2 avgo Tax Cutsand Jobs Actof2017 Income Tax Expense Benefit Abstract
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CY2019Q2 avgo Tax Cutsand Jobs Actof2017 Income Tax Expense Benefit Abstract
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113000000 USD
avgo Tax Cutsand Jobs Actof2017 Incomplete Accounting Provisional Tax Expense Benefit
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avgo Tax Cutsand Jobs Actof2017 Incomplete Accounting Transition Tax Expense Benefit
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7212000000 USD
avgo Tax Cutsand Jobs Actof2017 Incomplete Accounting Transition Taxfor Deferred Income Tax Liabilitieson Foreign Earnings
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10392000000 USD
avgo Tax Cutsand Jobs Actof2017 Incomplete Accounting Transition Taxfor Accumulated Foreign Earnings Provisional Income Tax Receivable Payable
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2116000000 USD
avgo Tax Cutsand Jobs Actof2017 Incomplete Accounting Unrecognized Tax Benefit Related To Transition Taxfor Accumulated Foreign Earnings Provisional Income Tax Receivable Payable
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1116000000 USD
avgo Tax Cutsand Jobs Actof2017 Incomplete Accounting Remeasurementof Deferred Assetsand Liabilities
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92000000 USD
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us-gaap Excess Tax Benefit From Share Based Compensation Operating Activities
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180000000 USD
CY2019Q3 us-gaap Undistributed Earnings Of Foreign Subsidiaries
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2677000000 USD
CY2019Q3 us-gaap Deferred Tax Liability Not Recognized Amount Of Unrecognized Deferred Tax Liability Undistributed Earnings Of Foreign Subsidiaries
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281000000 USD
CY2019Q3 us-gaap Unrecognized Tax Benefits
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4254000000 USD
CY2019Q3 avgo Longterm Debt Interest Fees And Repaymentof Principal Due After Fifth Year
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22683000000 USD
us-gaap Number Of Reportable Segments
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CY2019Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
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5515000000 USD
CY2018Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
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5063000000 USD
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
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16821000000 USD
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
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15404000000 USD
CY2019Q3 us-gaap Operating Income Loss
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865000000 USD
CY2018Q3 us-gaap Operating Income Loss
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1339000000 USD
us-gaap Operating Income Loss
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2390000000 USD
us-gaap Operating Income Loss
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3483000000 USD
CY2019Q3 avgo Long Term Debt Interest Feesand Repaymentof Principal
LongTermDebtInterestFeesandRepaymentofPrincipal
44728000000 USD
CY2019Q3 avgo Long Term Debt Interest Feesand Repaymentof Principal Fiscal Year One
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1306000000 USD
CY2019Q3 avgo Long Term Debt Interest Feesand Repaymentof Principal Fiscal Year Two
LongTermDebtInterestFeesandRepaymentofPrincipalFiscalYearTwo
5207000000 USD
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CY2017Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
11204000000 USD
us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
4793000000 USD
us-gaap Proceeds From Divestiture Of Businesses
ProceedsFromDivestitureOfBusinesses
782000000 USD
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
529000000 USD
us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
238000000 USD
us-gaap Payments To Acquire Investments
PaymentsToAcquireInvestments
249000000 USD
us-gaap Proceeds From Sale Maturity And Collections Of Investments
ProceedsFromSaleMaturityAndCollectionsOfInvestments
54000000 USD
us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
59000000 USD
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-4556000000 USD
avgo Proceedsfrom Intercompany Contribution Received
ProceedsfromIntercompanyContributionReceived
0 USD
avgo Net Intercompany Borrowings
NetIntercompanyBorrowings
0 USD
us-gaap Repayments Of Debt
RepaymentsOfDebt
856000000 USD
us-gaap Payments Of Dividends
PaymentsOfDividends
2275000000 USD
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
5725000000 USD
us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
35000000 USD
us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
153000000 USD
CY2018Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
4136000000 USD

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