$LRCX
LAM RESEARCH CORP

2020 Q3 Form 10-Q Financial Statement

#000070754920000173 Filed on October 27, 2020

View on sec.gov

Income Statement

Concept 2020 Q3 2019 Q3
Revenue $3.177B $2.166B
YoY Change 46.7% -7.08%
Cost Of Revenue $1.671B $1.184B
YoY Change 41.12% -6.95%
Gross Profit $1.506B $981.7M
YoY Change 53.42% -7.23%
Gross Profit Margin 47.41% 45.33%
Selling, General & Admin $189.7M $157.4M
YoY Change 20.53% -9.93%
% of Gross Profit 12.6% 16.04%
Research & Development $355.4M $286.8M
YoY Change 23.9% -1.66%
% of Gross Profit 23.59% 29.22%
Depreciation & Amortization $72.90M $64.70M
YoY Change 12.67% -18.92%
% of Gross Profit 4.84% 6.59%
Operating Expenses $545.1M $444.3M
YoY Change 22.7% -4.76%
Operating Profit $961.1M $537.5M
YoY Change 78.82% -9.18%
Interest Expense $52.12M $44.00M
YoY Change 18.46% 101.92%
% of Operating Profit 5.42% 8.19%
Other Income/Expense, Net -$38.79M -$12.73M
YoY Change 204.78% 3276.13%
Pretax Income $922.3M $524.7M
YoY Change 75.76% -11.27%
Income Tax $98.82M $58.90M
% Of Pretax Income 10.71% 11.22%
Net Earnings $823.5M $465.8M
YoY Change 76.79% -12.67%
Net Earnings / Revenue 25.92% 21.51%
Basic Earnings Per Share $5.67 $3.22
Diluted Earnings Per Share $5.59 $3.09
COMMON SHARES
Basic Shares Outstanding 145.3M shares 144.7M shares
Diluted Shares Outstanding 147.2M shares 150.7M shares

Balance Sheet

Concept 2020 Q3 2019 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $6.658B $5.591B
YoY Change 19.08% 54.49%
Cash & Equivalents $4.129B $4.607B
Short-Term Investments $2.529B $984.0M
Other Short-Term Assets $161.0M $124.0M
YoY Change 29.84% -29.14%
Inventory $2.138B $1.483B
Prepaid Expenses
Receivables $2.318B $1.636B
Other Receivables $0.00 $0.00
Total Short-Term Assets $11.27B $8.835B
YoY Change 27.62% 17.55%
LONG-TERM ASSETS
Property, Plant & Equipment $1.134B $1.030B
YoY Change 10.08% 8.28%
Goodwill $1.500B $1.500B
YoY Change 0.0% 0.0%
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $748.8M $533.4M
YoY Change 40.38% 14.26%
Total Long-Term Assets $3.782B $3.509B
YoY Change 7.79% 1.95%
TOTAL ASSETS
Total Short-Term Assets $11.27B $8.835B
Total Long-Term Assets $3.782B $3.509B
Total Assets $15.06B $12.34B
YoY Change 21.98% 12.65%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $662.7M $415.8M
YoY Change 59.37% 8.17%
Accrued Expenses $1.334B $990.0M
YoY Change 34.7% -26.55%
Deferred Revenue $576.5M $406.7M
YoY Change 41.75% -25.01%
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due $823.1M $641.4M
YoY Change 28.33% 16.95%
Total Short-Term Liabilities $3.407B $2.458B
YoY Change 38.62% -13.0%
LONG-TERM LIABILITIES
Long-Term Debt $4.960B $3.776B
YoY Change 31.35% 114.72%
Other Long-Term Liabilities $351.3M $261.9M
YoY Change 34.13% 161.51%
Total Long-Term Liabilities $5.311B $4.038B
YoY Change 31.53% 117.24%
TOTAL LIABILITIES
Total Short-Term Liabilities $3.407B $2.458B
Total Long-Term Liabilities $5.311B $4.038B
Total Liabilities $9.632B $7.365B
YoY Change 30.78% 32.08%
SHAREHOLDERS EQUITY
Retained Earnings $12.16B $10.23B
YoY Change 18.8% 16.71%
Common Stock $6.762B $6.457B
YoY Change 4.72% 4.22%
Preferred Stock
YoY Change
Treasury Stock (at cost) $13.42B $11.68B
YoY Change 14.86% 21.9%
Treasury Stock Shares 146.8M shares 141.0M shares
Shareholders Equity $5.419B $4.936B
YoY Change
Total Liabilities & Shareholders Equity $15.06B $12.34B
YoY Change 21.98% 12.65%

Cashflow Statement

Concept 2020 Q3 2019 Q3
OPERATING ACTIVITIES
Net Income $823.5M $465.8M
YoY Change 76.79% -12.67%
Depreciation, Depletion And Amortization $72.90M $64.70M
YoY Change 12.67% -18.92%
Cash From Operating Activities $642.5M $464.0M
YoY Change 38.46% -35.57%
INVESTING ACTIVITIES
Capital Expenditures -$62.80M -$39.30M
YoY Change 59.8% -29.95%
Acquisitions
YoY Change
Other Investing Activities $1.786M $540.0K
YoY Change 230.74% -85.21%
Cash From Investing Activities -$801.7M $750.7M
YoY Change -206.79% -211.65%
FINANCING ACTIVITIES
Cash Dividend Paid $167.1M $158.9M
YoY Change 5.2% -8.89%
Common Stock Issuance & Retirement, Net $443.0M $74.26M
YoY Change 496.59% -95.72%
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -$631.5M -$262.1M
YoY Change 140.94% -86.83%
NET CHANGE
Cash From Operating Activities $642.5M $464.0M
Cash From Investing Activities -$801.7M $750.7M
Cash From Financing Activities -$631.5M -$262.1M
Net Change In Cash -$786.6M $948.4M
YoY Change -182.93% -148.77%
FREE CASH FLOW
Cash From Operating Activities $642.5M $464.0M
Capital Expenditures -$62.80M -$39.30M
Free Cash Flow $705.3M $503.3M
YoY Change 40.12% -35.17%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
CY2020Q3 us-gaap Revenue Remaining Performance Obligation Expected Timing Of Satisfaction Period1
RevenueRemainingPerformanceObligationExpectedTimingOfSatisfactionPeriod1
P9M
CY2020Q3 dei Entity Central Index Key
EntityCentralIndexKey
0000707549
CY2020Q3 dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--06-27
CY2020 us-gaap Accounting Standards Update Extensible List
AccountingStandardsUpdateExtensibleList
us-gaap:AccountingStandardsUpdate201818Member
CY2019 us-gaap Accounting Standards Update Extensible List
AccountingStandardsUpdateExtensibleList
us-gaap:AccountingStandardsUpdate201602Member
CY2020Q3 dei Amendment Flag
AmendmentFlag
false
CY2020Q3 dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2021
CY2020Q3 dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
Q1
CY2020Q3 us-gaap Revenue Remaining Performance Obligation Expected Timing Of Satisfaction Period1
RevenueRemainingPerformanceObligationExpectedTimingOfSatisfactionPeriod1
P2Y
CY2020Q3 us-gaap Revenue Remaining Performance Obligation Expected Timing Of Satisfaction Period1
RevenueRemainingPerformanceObligationExpectedTimingOfSatisfactionPeriod1
CY2020Q3 us-gaap Finance Lease Right Of Use Asset Statement Of Financial Position Extensible List
FinanceLeaseRightOfUseAssetStatementOfFinancialPositionExtensibleList
us-gaap:PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAfterAccumulatedDepreciationAndAmortization
CY2020Q3 us-gaap Finance Lease Liability Noncurrent Statement Of Financial Position Extensible List
FinanceLeaseLiabilityNoncurrentStatementOfFinancialPositionExtensibleList
us-gaap:LongTermDebtAndCapitalLeaseObligations
CY2020Q3 us-gaap Finance Lease Liability Current Statement Of Financial Position Extensible List
FinanceLeaseLiabilityCurrentStatementOfFinancialPositionExtensibleList
us-gaap:LongTermDebtAndCapitalLeaseObligationsCurrent
CY2020Q3 dei Document Type
DocumentType
10-Q
CY2020Q3 dei Document Quarterly Report
DocumentQuarterlyReport
true
CY2020Q3 dei Document Period End Date
DocumentPeriodEndDate
2020-09-27
CY2020Q3 dei Document Transition Report
DocumentTransitionReport
false
CY2020Q3 dei Entity File Number
EntityFileNumber
0-12933
CY2020Q3 dei Entity Registrant Name
EntityRegistrantName
LAM RESEARCH CORPORATION
CY2020Q3 dei Entity Incorporation State Country Code
EntityIncorporationStateCountryCode
DE
CY2020Q3 dei Entity Tax Identification Number
EntityTaxIdentificationNumber
94-2634797
CY2020Q3 dei Entity Address Address Line1
EntityAddressAddressLine1
4650 Cushing Parkway,
CY2020Q3 dei Entity Address City Or Town
EntityAddressCityOrTown
Fremont,
CY2020Q3 dei Entity Address State Or Province
EntityAddressStateOrProvince
CA
CY2020Q3 dei Entity Address Postal Zip Code
EntityAddressPostalZipCode
94538
CY2020Q3 dei City Area Code
CityAreaCode
510
CY2020Q3 dei Local Phone Number
LocalPhoneNumber
572-0200
CY2020Q3 dei Security12b Title
Security12bTitle
Common Stock, Par Value $0.001 Per Share
CY2020Q3 dei Trading Symbol
TradingSymbol
LRCX
CY2020Q3 dei Security Exchange Name
SecurityExchangeName
NASDAQ
CY2020Q3 dei Entity Current Reporting Status
EntityCurrentReportingStatus
Yes
CY2020Q3 dei Entity Interactive Data Current
EntityInteractiveDataCurrent
Yes
CY2020Q3 dei Entity Filer Category
EntityFilerCategory
Large Accelerated Filer
CY2020Q3 dei Entity Small Business
EntitySmallBusiness
false
CY2020Q3 dei Entity Emerging Growth Company
EntityEmergingGrowthCompany
false
CY2020Q3 dei Entity Shell Company
EntityShellCompany
false
CY2020Q4 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
144009220 shares
CY2020Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
3177080000 USD
CY2019Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
2165746000 USD
CY2020Q3 us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
1670901000 USD
CY2019Q3 us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
1184036000 USD
CY2020Q3 us-gaap Gross Profit
GrossProfit
1506179000 USD
CY2019Q3 us-gaap Gross Profit
GrossProfit
981710000 USD
CY2020Q3 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
355367000 USD
CY2019Q3 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
286827000 USD
CY2020Q3 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
189748000 USD
CY2019Q3 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
157428000 USD
CY2020Q3 us-gaap Operating Expenses
OperatingExpenses
545115000 USD
CY2019Q3 us-gaap Operating Expenses
OperatingExpenses
444255000 USD
CY2020Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
961064000 USD
CY2019Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
537455000 USD
CY2020Q3 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-38792000 USD
CY2019Q3 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-12728000 USD
CY2020Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
922272000 USD
CY2019Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
524727000 USD
CY2020Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
98821000 USD
CY2019Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
58938000 USD
CY2020Q3 us-gaap Net Income Loss
NetIncomeLoss
823451000 USD
CY2019Q3 us-gaap Net Income Loss
NetIncomeLoss
465789000 USD
CY2020Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
5.67
CY2019Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
3.22
CY2020Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
5.59
CY2019Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
3.09
CY2020Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
145267000 shares
CY2019Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
144673000 shares
CY2020Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
147248000 shares
CY2019Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
150682000 shares
CY2020Q3 us-gaap Net Income Loss
NetIncomeLoss
823451000 USD
CY2019Q3 us-gaap Net Income Loss
NetIncomeLoss
465789000 USD
CY2020Q3 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
12124000 USD
CY2019Q3 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
-8698000 USD
CY2020Q3 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification After Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax
-350000 USD
CY2019Q3 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification After Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax
-691000 USD
CY2020Q3 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification After Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax
-767000 USD
CY2019Q3 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification After Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax
-1350000 USD
CY2020Q3 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax
417000 USD
CY2019Q3 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax
659000 USD
CY2020Q3 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
-1400000 USD
CY2019Q3 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
-1000000 USD
CY2020Q3 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax
-402000 USD
CY2019Q3 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax
-390000 USD
CY2020Q3 us-gaap Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
-998000 USD
CY2019Q3 us-gaap Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
-610000 USD
CY2020Q3 us-gaap Other Comprehensive Income Defined Benefit Plans Net Unamortized Gain Loss Arising During Period Net Of Tax
OtherComprehensiveIncomeDefinedBenefitPlansNetUnamortizedGainLossArisingDuringPeriodNetOfTax
-4000 USD
CY2019Q3 us-gaap Other Comprehensive Income Defined Benefit Plans Net Unamortized Gain Loss Arising During Period Net Of Tax
OtherComprehensiveIncomeDefinedBenefitPlansNetUnamortizedGainLossArisingDuringPeriodNetOfTax
119000 USD
CY2020Q3 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
11539000 USD
CY2019Q3 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-8530000 USD
CY2020Q3 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
834990000 USD
CY2019Q3 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
457259000 USD
CY2020Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
4129067000 USD
CY2020Q2 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
4915172000 USD
CY2020Q3 us-gaap Investments
Investments
2528841000 USD
CY2020Q2 us-gaap Investments
Investments
1795080000 USD
CY2020Q3 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
5245000 USD
CY2020Q2 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
5465000 USD
CY2020Q3 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
2317922000 USD
CY2020Q2 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
2097099000 USD
CY2020Q3 us-gaap Inventory Net
InventoryNet
2138050000 USD
CY2020Q2 us-gaap Inventory Net
InventoryNet
1900024000 USD
CY2020Q3 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
161003000 USD
CY2020Q2 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
146160000 USD
CY2020Q3 us-gaap Assets Current
AssetsCurrent
11274883000 USD
CY2020Q2 us-gaap Assets Current
AssetsCurrent
10853535000 USD
CY2020Q3 us-gaap Property Plant And Equipment And Finance Lease Right Of Use Asset After Accumulated Depreciation And Amortization
PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAfterAccumulatedDepreciationAndAmortization
1133529000 USD
CY2020Q2 us-gaap Property Plant And Equipment And Finance Lease Right Of Use Asset After Accumulated Depreciation And Amortization
PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAfterAccumulatedDepreciationAndAmortization
1071499000 USD
CY2020Q3 us-gaap Restricted Cash And Investments Noncurrent
RestrictedCashAndInvestmentsNoncurrent
253458000 USD
CY2020Q2 us-gaap Restricted Cash And Investments Noncurrent
RestrictedCashAndInvestmentsNoncurrent
253911000 USD
CY2020Q3 us-gaap Goodwill
Goodwill
1484629000 USD
CY2020Q2 us-gaap Goodwill
Goodwill
1484436000 USD
CY2020Q3 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
161714000 USD
CY2020Q2 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
168532000 USD
CY2020Q3 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
748795000 USD
CY2020Q2 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
727134000 USD
CY2020Q3 us-gaap Assets
Assets
15057008000 USD
CY2020Q2 us-gaap Assets
Assets
14559047000 USD
CY2020Q3 us-gaap Accounts Payable Current
AccountsPayableCurrent
662674000 USD
CY2020Q2 us-gaap Accounts Payable Current
AccountsPayableCurrent
592387000 USD
CY2020Q3 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
1333568000 USD
CY2020Q2 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
1272655000 USD
CY2020Q3 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
576488000 USD
CY2020Q2 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
457523000 USD
CY2020Q3 us-gaap Long Term Debt And Capital Lease Obligations Current
LongTermDebtAndCapitalLeaseObligationsCurrent
834138000 USD
CY2020Q2 us-gaap Long Term Debt And Capital Lease Obligations Current
LongTermDebtAndCapitalLeaseObligationsCurrent
839877000 USD
CY2020Q3 us-gaap Liabilities Current
LiabilitiesCurrent
3406868000 USD
CY2020Q2 us-gaap Liabilities Current
LiabilitiesCurrent
3162442000 USD
CY2020Q3 us-gaap Long Term Debt And Capital Lease Obligations
LongTermDebtAndCapitalLeaseObligations
4993495000 USD
CY2020Q2 us-gaap Long Term Debt And Capital Lease Obligations
LongTermDebtAndCapitalLeaseObligations
4970848000 USD
CY2020Q3 us-gaap Accrued Income Taxes Noncurrent
AccruedIncomeTaxesNoncurrent
879870000 USD
CY2020Q2 us-gaap Accrued Income Taxes Noncurrent
AccruedIncomeTaxesNoncurrent
909709000 USD
CY2020Q3 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
351283000 USD
CY2020Q2 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
332559000 USD
CY2020Q3 us-gaap Liabilities
Liabilities
9631516000 USD
CY2020Q2 us-gaap Liabilities
Liabilities
9375558000 USD
CY2020Q3 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
USD
CY2020Q2 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
USD
CY2020Q3 us-gaap Temporary Equity Carrying Amount Attributable To Parent
TemporaryEquityCarryingAmountAttributableToParent
6307000 USD
CY2020Q2 us-gaap Temporary Equity Carrying Amount Attributable To Parent
TemporaryEquityCarryingAmountAttributableToParent
10995000 USD
CY2020Q3 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.001
CY2020Q2 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.001
CY2020Q3 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
5000000 shares
CY2020Q2 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
5000000 shares
CY2020Q2 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
0 shares
CY2020Q3 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
0 shares
CY2020Q3 us-gaap Preferred Stock Value
PreferredStockValue
0 USD
CY2020Q2 us-gaap Preferred Stock Value
PreferredStockValue
0 USD
CY2020Q3 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.001
CY2020Q2 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.001
CY2020Q3 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
400000000 shares
CY2020Q2 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
400000000 shares
CY2020Q3 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
144593000 shares
CY2020Q3 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
144593000 shares
CY2020Q2 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
145331000 shares
CY2020Q2 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
145331000 shares
CY2020Q3 us-gaap Common Stock Value
CommonStockValue
145000 USD
CY2020Q2 us-gaap Common Stock Value
CommonStockValue
145000 USD
CY2020Q3 us-gaap Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
6761545000 USD
CY2020Q2 us-gaap Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
6695858000 USD
CY2020Q3 us-gaap Treasury Stock Shares
TreasuryStockShares
146791000 shares
CY2020Q3 us-gaap Depreciation And Amortization
DepreciationAndAmortization
72912000 USD
CY2020Q2 us-gaap Treasury Stock Shares
TreasuryStockShares
145432000 shares
CY2020Q3 us-gaap Treasury Stock Value
TreasuryStockValue
13416986000 USD
CY2020Q2 us-gaap Treasury Stock Value
TreasuryStockValue
12949889000 USD
CY2020Q3 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-82672000 USD
CY2020Q2 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-94211000 USD
CY2020Q3 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
12157153000 USD
CY2020Q2 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
11520591000 USD
CY2020Q3 us-gaap Stockholders Equity
StockholdersEquity
5419185000 USD
CY2020Q2 us-gaap Stockholders Equity
StockholdersEquity
5172494000 USD
CY2020Q3 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
15057008000 USD
CY2020Q2 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
14559047000 USD
CY2020Q3 us-gaap Net Income Loss
NetIncomeLoss
823451000 USD
CY2019Q3 us-gaap Net Income Loss
NetIncomeLoss
465789000 USD
CY2019Q3 us-gaap Depreciation And Amortization
DepreciationAndAmortization
64664000 USD
CY2020Q3 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-1850000 USD
CY2019Q3 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-2992000 USD
CY2020Q3 us-gaap Share Based Compensation
ShareBasedCompensation
55988000 USD
CY2019Q3 us-gaap Share Based Compensation
ShareBasedCompensation
42905000 USD
CY2020Q3 us-gaap Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
1422000 USD
CY2019Q3 us-gaap Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
1675000 USD
CY2020Q3 us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
-2917000 USD
CY2019Q3 us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
-4026000 USD
CY2020Q3 us-gaap Increase Decrease In Operating Capital
IncreaseDecreaseInOperatingCapital
312329000 USD
CY2019Q3 us-gaap Increase Decrease In Operating Capital
IncreaseDecreaseInOperatingCapital
112020000 USD
CY2020Q3 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
642511000 USD
CY2019Q3 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
464047000 USD
CY2020Q3 us-gaap Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
62806000 USD
CY2019Q3 us-gaap Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
39256000 USD
CY2020Q3 us-gaap Payments To Acquire Available For Sale Securities Debt
PaymentsToAcquireAvailableForSaleSecuritiesDebt
1750188000 USD
CY2019Q3 us-gaap Payments To Acquire Available For Sale Securities Debt
PaymentsToAcquireAvailableForSaleSecuritiesDebt
147632000 USD
CY2020Q3 us-gaap Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities
ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities
597252000 USD
CY2019Q3 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
3869000 USD
CY2019Q3 us-gaap Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities
ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities
600347000 USD
CY2020Q3 us-gaap Proceeds From Sale Of Available For Sale Securities Debt
ProceedsFromSaleOfAvailableForSaleSecuritiesDebt
415862000 USD
CY2019Q3 us-gaap Proceeds From Sale Of Available For Sale Securities Debt
ProceedsFromSaleOfAvailableForSaleSecuritiesDebt
337763000 USD
CY2020Q3 us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
1786000 USD
CY2019Q3 us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
540000 USD
CY2020Q3 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-801666000 USD
CY2019Q3 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
750682000 USD
CY2020Q3 us-gaap Repayments Of Long Term Debt And Capital Securities
RepaymentsOfLongTermDebtAndCapitalSecurities
19173000 USD
CY2019Q3 us-gaap Repayments Of Long Term Debt And Capital Securities
RepaymentsOfLongTermDebtAndCapitalSecurities
28965000 USD
CY2020Q3 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
448581000 USD
CY2019Q3 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
78132000 USD
CY2020Q3 us-gaap Payments Of Dividends
PaymentsOfDividends
167129000 USD
CY2019Q3 us-gaap Payments Of Dividends
PaymentsOfDividends
158868000 USD
CY2020Q3 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
5538000 USD
CY2020Q3 us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
-2140000 USD
CY2019Q3 us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
0 USD
CY2020Q3 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-631485000 USD
CY2019Q3 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-262096000 USD
CY2020Q3 us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
4082000 USD
CY2019Q3 us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
-4193000 USD
CY2020Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-786558000 USD
CY2019Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
948440000 USD
CY2020Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
5169083000 USD
CY2019Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
3913396000 USD
CY2020Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
4382525000 USD
CY2019Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
4861836000 USD
CY2020Q3 us-gaap Liabilities Assumed1
LiabilitiesAssumed1
18599000 USD
CY2019Q3 us-gaap Liabilities Assumed1
LiabilitiesAssumed1
13000 USD
CY2020Q3 us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
37733000 USD
CY2019Q3 us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
30333000 USD
CY2020Q3 us-gaap Dividends Payable Current And Noncurrent
DividendsPayableCurrentAndNoncurrent
188046000 USD
CY2019Q3 us-gaap Dividends Payable Current And Noncurrent
DividendsPayableCurrentAndNoncurrent
166721000 USD
CY2020Q3 lrcx Transfer Of Inventory To Property And Equipment Net
TransferOfInventoryToPropertyAndEquipmentNet
29019000 USD
CY2019Q3 lrcx Transfer Of Inventory To Property And Equipment Net
TransferOfInventoryToPropertyAndEquipmentNet
13997000 USD
CY2020Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
4129067000 USD
CY2019Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
4607182000 USD
CY2020Q3 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
253458000 USD
CY2019Q3 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
254654000 USD
CY2020Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
4382525000 USD
CY2019Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
4861836000 USD
CY2020Q2 us-gaap Stockholders Equity
StockholdersEquity
5172494000 USD
CY2020Q3 us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
5538000 USD
CY2020Q3 us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
467098000 USD
CY2020Q3 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
55988000 USD
CY2020Q3 us-gaap Adjustments To Additional Paid In Capital Equity Component Of Convertible Debt
AdjustmentsToAdditionalPaidInCapitalEquityComponentOfConvertibleDebt
-526000 USD
CY2020Q3 lrcx Reclassifications Of Temporary Equity To Permanent Equity Convertible Notes
ReclassificationsOfTemporaryEquityToPermanentEquityConvertibleNotes
4688000 USD
CY2020Q3 us-gaap Net Income Loss
NetIncomeLoss
823451000 USD
CY2019Q3 us-gaap Net Income Loss
NetIncomeLoss
465789000 USD
CY2019Q3 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-8530000 USD
CY2019Q3 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
1.15
CY2020Q3 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
11539000 USD
CY2020Q3 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
1.30
CY2020Q3 us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
188046000 USD
CY2020Q3 us-gaap Stockholders Equity
StockholdersEquity
5419185000 USD
CY2019Q2 us-gaap Stockholders Equity
StockholdersEquity
4673865000 USD
CY2019Q3 us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
3869000 USD
CY2019Q3 us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
78116000 USD
CY2019Q3 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
42905000 USD
CY2019Q3 us-gaap Adjustments To Additional Paid In Capital Equity Component Of Convertible Debt
AdjustmentsToAdditionalPaidInCapitalEquityComponentOfConvertibleDebt
-6572000 USD
CY2019Q3 lrcx Reclassifications Of Temporary Equity To Permanent Equity Convertible Notes
ReclassificationsOfTemporaryEquityToPermanentEquityConvertibleNotes
6886000 USD
CY2019Q3 us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
166721000 USD
CY2019Q3 us-gaap Stockholders Equity
StockholdersEquity
4936393000 USD
CY2020Q3 us-gaap Fiscal Period
FiscalPeriod
The Company’s reporting period is a 52/53-week fiscal year. The Company’s current fiscal year will end June 27, 2021 and includes 52 weeks.
CY2020Q3 us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
274300000 USD
CY2020Q3 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
581580000 USD
CY2020Q3 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
98520000 USD
CY2020Q3 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
0 USD
CY2020Q3 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
680100000 USD
CY2020Q3 us-gaap Number Of Reportable Segments
NumberOfReportableSegments
1 segment
CY2020Q3 lrcx Numberof Operating Geographic Regions
NumberofOperatingGeographicRegions
7 region
CY2020Q3 lrcx Numberof Primary Markets
NumberofPrimaryMarkets
3 market
CY2020Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
3177080000 USD
CY2019Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
2165746000 USD
CY2020Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
3177080000 USD
CY2019Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
2165746000 USD
CY2020Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Award Vesting Period1
ShareBasedCompensationArrangementByShareBasedPaymentAwardAwardVestingPeriod1
P3Y
CY2020Q3 us-gaap Share Based Compensation
ShareBasedCompensation
55988000 USD
CY2019Q3 us-gaap Share Based Compensation
ShareBasedCompensation
42905000 USD
CY2020Q3 us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
9877000 USD
CY2019Q3 us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
9818000 USD
CY2020Q3 us-gaap Investment Income Interest
InvestmentIncomeInterest
6959000 USD
CY2019Q3 us-gaap Investment Income Interest
InvestmentIncomeInterest
31784000 USD
CY2020Q3 us-gaap Interest Expense
InterestExpense
52115000 USD
CY2019Q3 us-gaap Interest Expense
InterestExpense
43995000 USD
CY2020Q3 lrcx Gain Losson Assets Relatedto Deferred Compensation Plan
GainLossonAssetsRelatedtoDeferredCompensationPlan
12927000 USD
CY2019Q3 lrcx Gain Losson Assets Relatedto Deferred Compensation Plan
GainLossonAssetsRelatedtoDeferredCompensationPlan
-436000 USD
CY2020Q3 us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
-1375000 USD
CY2019Q3 us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
-529000 USD
CY2020Q3 lrcx Other Non Operating Income Expense Other Net
OtherNonOperatingIncomeExpenseOtherNet
-5188000 USD
CY2019Q3 lrcx Other Non Operating Income Expense Other Net
OtherNonOperatingIncomeExpenseOtherNet
448000 USD
CY2020Q3 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-38792000 USD
CY2019Q3 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-12728000 USD
CY2020Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
98800000 USD
CY2019Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
58900000 USD
CY2020Q3 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.107
CY2019Q3 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.112
CY2020Q3 us-gaap Net Income Loss
NetIncomeLoss
823451000 USD
CY2019Q3 us-gaap Net Income Loss
NetIncomeLoss
465789000 USD
CY2020Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
145267000 shares
CY2019Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
144673000 shares
CY2020Q3 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
1112000 shares
CY2019Q3 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
1190000 shares
CY2020Q3 us-gaap Incremental Common Shares Attributable To Conversion Of Debt Securities
IncrementalCommonSharesAttributableToConversionOfDebtSecurities
869000 shares
CY2019Q3 us-gaap Incremental Common Shares Attributable To Conversion Of Debt Securities
IncrementalCommonSharesAttributableToConversionOfDebtSecurities
4819000 shares
CY2020Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
147248000 shares
CY2019Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
150682000 shares
CY2020Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
5.67
CY2019Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
3.22
CY2020Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
5.59
CY2019Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
3.09
CY2020Q3 lrcx Debt Securities Tradingand Availableforsale Cost
DebtSecuritiesTradingandAvailableforsaleCost
6974021000 USD
CY2020Q3 lrcx Debt Securities Tradingand Availableforsale Accumulated Gross Unrealized Gain Before Tax
DebtSecuritiesTradingandAvailableforsaleAccumulatedGrossUnrealizedGainBeforeTax
13834000 USD
CY2020Q3 lrcx Debt Securities Tradingand Availableforsale Accumulated Gross Unrealized Loss Before Tax
DebtSecuritiesTradingandAvailableforsaleAccumulatedGrossUnrealizedLossBeforeTax
1003000 USD
CY2020Q3 us-gaap Debt Securities Trading And Available For Sale
DebtSecuritiesTradingAndAvailableForSale
6986852000 USD
CY2020Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
4129067000 USD
CY2020Q3 us-gaap Investments
Investments
2528841000 USD
CY2020Q3 us-gaap Restricted Cash And Investments Noncurrent
RestrictedCashAndInvestmentsNoncurrent
253458000 USD
CY2020Q3 us-gaap Other Assets Fair Value Disclosure
OtherAssetsFairValueDisclosure
75486000 USD
CY2020Q2 lrcx Debt Securities Tradingand Availableforsale Cost
DebtSecuritiesTradingandAvailableforsaleCost
7027291000 USD
CY2020Q2 lrcx Debt Securities Tradingand Availableforsale Accumulated Gross Unrealized Gain Before Tax
DebtSecuritiesTradingandAvailableforsaleAccumulatedGrossUnrealizedGainBeforeTax
10543000 USD
CY2020Q2 lrcx Debt Securities Tradingand Availableforsale Accumulated Gross Unrealized Loss Before Tax
DebtSecuritiesTradingandAvailableforsaleAccumulatedGrossUnrealizedLossBeforeTax
1244000 USD
CY2020Q2 us-gaap Debt Securities Trading And Available For Sale
DebtSecuritiesTradingAndAvailableForSale
7036590000 USD
CY2020Q2 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
4915172000 USD
CY2020Q2 us-gaap Investments
Investments
1795080000 USD
CY2020Q2 us-gaap Restricted Cash And Investments Noncurrent
RestrictedCashAndInvestmentsNoncurrent
253911000 USD
CY2020Q2 us-gaap Other Assets Fair Value Disclosure
OtherAssetsFairValueDisclosure
72427000 USD
CY2019Q3 us-gaap Impairment Of Investments
ImpairmentOfInvestments
0 USD
CY2020Q3 lrcx Availableforsaleand Trading Securities Continuous Unrealized Loss Position Lessthan Twelve Months Fair Value
AvailableforsaleandTradingSecuritiesContinuousUnrealizedLossPositionLessthanTwelveMonthsFairValue
603485000 USD
CY2020Q3 lrcx Availableforsaleand Trading Securities Continuous Unrealized Loss Position Lessthan12 Months Accumulated Loss
AvailableforsaleandTradingSecuritiesContinuousUnrealizedLossPositionLessthan12MonthsAccumulatedLoss
420000 USD
CY2020Q3 lrcx Availableforsaleand Trading Securities Continuous Unrealized Loss Position Twelve Monthsor Longer Fair Value
AvailableforsaleandTradingSecuritiesContinuousUnrealizedLossPositionTwelveMonthsorLongerFairValue
7953000 USD
CY2020Q3 lrcx Availableforsaleand Trading Securities Continuous Unrealized Loss Position12 Monthsor Longer Accumulated Loss
AvailableforsaleandTradingSecuritiesContinuousUnrealizedLossPosition12MonthsorLongerAccumulatedLoss
583000 USD
CY2020Q3 lrcx Availableforsaleand Trading Securities Continuous Unrealized Loss Position Fair Value
AvailableforsaleandTradingSecuritiesContinuousUnrealizedLossPositionFairValue
611438000 USD
CY2020Q3 lrcx Availableforsaleand Trading Securities Continuous Unrealized Loss Position Accumulated Loss
AvailableforsaleandTradingSecuritiesContinuousUnrealizedLossPositionAccumulatedLoss
1003000 USD
CY2020Q3 us-gaap Available For Sale Securities Debt Maturities Within One Year Amortized Cost
AvailableForSaleSecuritiesDebtMaturitiesWithinOneYearAmortizedCost
5325959000 USD
CY2020Q3 us-gaap Available For Sale Securities Debt Maturities Within One Year Fair Value
AvailableForSaleSecuritiesDebtMaturitiesWithinOneYearFairValue
5327267000 USD
CY2020Q3 us-gaap Available For Sale Securities Debt Maturities After One Through Five Years Amortized Cost
AvailableForSaleSecuritiesDebtMaturitiesAfterOneThroughFiveYearsAmortizedCost
783076000 USD
CY2020Q3 us-gaap Available For Sale Securities Debt Maturities After One Through Five Years Fair Value
AvailableForSaleSecuritiesDebtMaturitiesAfterOneThroughFiveYearsFairValue
786135000 USD
CY2020Q3 lrcx Available For Sale Securities Debt Maturities After Five Years Amortized Cost
AvailableForSaleSecuritiesDebtMaturitiesAfterFiveYearsAmortizedCost
41194000 USD
CY2020Q3 lrcx Available For Sale Securities Debt Maturities After Five Years Fair Value
AvailableForSaleSecuritiesDebtMaturitiesAfterFiveYearsFairValue
41355000 USD
CY2020Q3 us-gaap Available For Sale Debt Securities Amortized Cost Basis
AvailableForSaleDebtSecuritiesAmortizedCostBasis
6150229000 USD
CY2020Q3 us-gaap Available For Sale Securities Debt Maturities Single Maturity Date
AvailableForSaleSecuritiesDebtMaturitiesSingleMaturityDate
6154757000 USD
CY2020Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
3177080000 USD
CY2020Q3 us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
1670901000 USD
CY2020Q3 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
189748000 USD
CY2020Q3 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-38792000 USD
CY2020Q3 us-gaap Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
584725000 USD
CY2020Q2 us-gaap Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
486864000 USD
CY2020Q3 us-gaap Inventory Raw Materials Net Of Reserves
InventoryRawMaterialsNetOfReserves
1284302000 USD
CY2020Q2 us-gaap Inventory Raw Materials Net Of Reserves
InventoryRawMaterialsNetOfReserves
1161961000 USD
CY2020Q3 us-gaap Inventory Work In Process Net Of Reserves
InventoryWorkInProcessNetOfReserves
269023000 USD
CY2020Q2 us-gaap Inventory Work In Process Net Of Reserves
InventoryWorkInProcessNetOfReserves
251199000 USD
CY2020Q3 us-gaap Inventory Net
InventoryNet
2138050000 USD
CY2020Q2 us-gaap Inventory Net
InventoryNet
1900024000 USD
CY2020Q3 us-gaap Goodwill
Goodwill
1500000000 USD
CY2020Q2 us-gaap Goodwill
Goodwill
1500000000 USD
CY2020Q3 us-gaap Business Acquisition Purchase Price Allocation Goodwill Expected Tax Deductible Amount
BusinessAcquisitionPurchasePriceAllocationGoodwillExpectedTaxDeductibleAmount
61100000 USD
CY2020Q2 us-gaap Business Acquisition Purchase Price Allocation Goodwill Expected Tax Deductible Amount
BusinessAcquisitionPurchasePriceAllocationGoodwillExpectedTaxDeductibleAmount
61100000 USD
CY2020Q3 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
1407565000 USD
CY2020Q3 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
1245851000 USD
CY2020Q3 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
161714000 USD
CY2020Q2 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
1397471000 USD
CY2020Q2 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
1228939000 USD
CY2020Q2 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
168532000 USD
CY2020Q3 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
16800000 USD
CY2019Q3 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
16200000 USD
CY2020Q3 lrcx Finitelived Intangible Assets Gross Not Yet Placed In Service
FinitelivedIntangibleAssetsGrossNotYetPlacedInService
16700000 USD
CY2020Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Remainder Of Fiscal Year
FiniteLivedIntangibleAssetsAmortizationExpenseRemainderOfFiscalYear
50270000 USD
CY2020Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
62918000 USD
CY2020Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
17275000 USD
CY2020Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
9269000 USD
CY2020Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
4577000 USD
CY2020Q3 lrcx Finite Lived Intangible Asset Expected Amortization After Year Four
FiniteLivedIntangibleAssetExpectedAmortizationAfterYearFour
697000 USD
CY2020Q3 lrcx Finite Lived Intangible Assets Excluding Assets Not Yetin Service Net
FiniteLivedIntangibleAssetsExcludingAssetsNotYetinServiceNet
145006000 USD
CY2020Q3 us-gaap Deferred Compensation Liability Current
DeferredCompensationLiabilityCurrent
445625000 USD
CY2020Q2 us-gaap Deferred Compensation Liability Current
DeferredCompensationLiabilityCurrent
402401000 USD
CY2020Q3 us-gaap Product Warranty Accrual Classified Current
ProductWarrantyAccrualClassifiedCurrent
125237000 USD
CY2020Q2 us-gaap Product Warranty Accrual Classified Current
ProductWarrantyAccrualClassifiedCurrent
117839000 USD
CY2020Q3 us-gaap Taxes Payable Current
TaxesPayableCurrent
170409000 USD
CY2020Q2 us-gaap Taxes Payable Current
TaxesPayableCurrent
215652000 USD
CY2020Q3 us-gaap Dividends Payable Current
DividendsPayableCurrent
188046000 USD
CY2020Q2 us-gaap Dividends Payable Current
DividendsPayableCurrent
167129000 USD
CY2020Q3 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
404251000 USD
CY2020Q2 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
369634000 USD
CY2020Q3 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
1333568000 USD
CY2020Q2 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
1272655000 USD
CY2020Q3 lrcx Debt Longterm Gross And Shortterm Combined Amount
DebtLongtermGrossAndShorttermCombinedAmount
5830361000 USD
CY2020Q2 lrcx Debt Longterm Gross And Shortterm Combined Amount
DebtLongtermGrossAndShorttermCombinedAmount
5848460000 USD
CY2020Q3 us-gaap Debt Instrument Unamortized Discount
DebtInstrumentUnamortizedDiscount
47451000 USD
CY2020Q2 us-gaap Debt Instrument Unamortized Discount
DebtInstrumentUnamortizedDiscount
53086000 USD
CY2020Q3 lrcx Debt Instrument Fair Value Adjustment
DebtInstrumentFairValueAdjustment
-7959000 USD
CY2020Q2 lrcx Debt Instrument Fair Value Adjustment
DebtInstrumentFairValueAdjustment
-8405000 USD
CY2020Q3 us-gaap Unamortized Debt Issuance Expense
UnamortizedDebtIssuanceExpense
8085000 USD
CY2020Q2 us-gaap Unamortized Debt Issuance Expense
UnamortizedDebtIssuanceExpense
8301000 USD
CY2020Q3 us-gaap Long Term Debt
LongTermDebt
5782784000 USD
CY2020Q2 us-gaap Long Term Debt
LongTermDebt
5795478000 USD
CY2020Q3 us-gaap Long Term Debt Current
LongTermDebtCurrent
823051000 USD
CY2020Q2 us-gaap Long Term Debt Current
LongTermDebtCurrent
836107000 USD
CY2020Q3 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
4959733000 USD
CY2020Q2 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
4959371000 USD
CY2020Q3 us-gaap Long Term Debt
LongTermDebt
5782784000 USD
CY2020Q2 us-gaap Long Term Debt
LongTermDebt
5795478000 USD
CY2020Q3 lrcx Contractual Interest Coupon
ContractualInterestCoupon
49571000 USD
CY2019Q3 lrcx Contractual Interest Coupon
ContractualInterestCoupon
41122000 USD
CY2020Q3 us-gaap Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
1012000 USD
CY2019Q3 us-gaap Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
1235000 USD
CY2020Q3 us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
411000 USD
CY2019Q3 us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
414000 USD
CY2020Q3 lrcx Amortization Of Fair Value Of Interest Rate Cash Flow Hedge During Period
AmortizationOfFairValueOfInterestRateCashFlowHedgeDuringPeriod
506000 USD
CY2019Q3 lrcx Amortization Of Fair Value Of Interest Rate Cash Flow Hedge During Period
AmortizationOfFairValueOfInterestRateCashFlowHedgeDuringPeriod
675000 USD
CY2020Q3 us-gaap Interest Expense Debt
InterestExpenseDebt
51500000 USD
CY2019Q3 us-gaap Interest Expense Debt
InterestExpenseDebt
43446000 USD
CY2020Q2 us-gaap Standard Product Warranty Accrual
StandardProductWarrantyAccrual
129197000 USD
CY2019Q2 us-gaap Standard Product Warranty Accrual
StandardProductWarrantyAccrual
127932000 USD
CY2020Q3 us-gaap Standard Product Warranty Accrual Warranties Issued
StandardProductWarrantyAccrualWarrantiesIssued
46044000 USD
CY2019Q3 us-gaap Standard Product Warranty Accrual Warranties Issued
StandardProductWarrantyAccrualWarrantiesIssued
30480000 USD
CY2020Q3 us-gaap Standard Product Warranty Accrual Payments
StandardProductWarrantyAccrualPayments
36131000 USD
CY2019Q3 us-gaap Standard Product Warranty Accrual Payments
StandardProductWarrantyAccrualPayments
35068000 USD
CY2020Q3 us-gaap Standard Product Warranty Accrual Preexisting Increase Decrease
StandardProductWarrantyAccrualPreexistingIncreaseDecrease
-2250000 USD
CY2019Q3 us-gaap Standard Product Warranty Accrual Preexisting Increase Decrease
StandardProductWarrantyAccrualPreexistingIncreaseDecrease
-8874000 USD
CY2020Q3 us-gaap Standard Product Warranty Accrual
StandardProductWarrantyAccrual
136860000 USD
CY2019Q3 us-gaap Standard Product Warranty Accrual
StandardProductWarrantyAccrual
114470000 USD
CY2020Q3 us-gaap Shares Paid For Tax Withholding For Share Based Compensation
SharesPaidForTaxWithholdingForShareBasedCompensation
15000 shares
CY2020Q3 us-gaap Adjustments Related To Tax Withholding For Share Based Compensation
AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation
5100000 USD
CY2020Q3 us-gaap Oci Before Reclassifications Net Of Tax Attributable To Parent
OciBeforeReclassificationsNetOfTaxAttributableToParent
10370000 USD
CY2020Q3 us-gaap Reclassification From Aoci Current Period Net Of Tax Attributable To Parent
ReclassificationFromAociCurrentPeriodNetOfTaxAttributableToParent
-1169000 USD
CY2020Q3 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
11539000 USD

Files In Submission

Name View Source Status
0000707549-20-000173-index-headers.html Edgar Link pending
0000707549-20-000173-index.html Edgar Link pending
0000707549-20-000173.txt Edgar Link pending
0000707549-20-000173-xbrl.zip Edgar Link pending
FilingSummary.xml Edgar Link unprocessable
Financial_Report.xlsx Edgar Link pending
lrcx-20200927.htm Edgar Link pending
lrcx-20200927.xsd Edgar Link pending
lrcx-20200927_cal.xml Edgar Link unprocessable
lrcx-20200927_def.xml Edgar Link unprocessable
lrcx-20200927_htm.xml Edgar Link completed
lrcx-20200927_lab.xml Edgar Link unprocessable
lrcx-20200927_pre.xml Edgar Link unprocessable
lrcx1q2021exhibit311.htm Edgar Link pending
lrcx1q2021exhibit312.htm Edgar Link pending
lrcx1q2021exhibit321.htm Edgar Link pending
lrcx1q2021exhibit322.htm Edgar Link pending
MetaLinks.json Edgar Link pending
R1.htm Edgar Link pending
R10.htm Edgar Link pending
R11.htm Edgar Link pending
R12.htm Edgar Link pending
R13.htm Edgar Link pending
R14.htm Edgar Link pending
R15.htm Edgar Link pending
R16.htm Edgar Link pending
R17.htm Edgar Link pending
R18.htm Edgar Link pending
R19.htm Edgar Link pending
R2.htm Edgar Link pending
R20.htm Edgar Link pending
R21.htm Edgar Link pending
R22.htm Edgar Link pending
R23.htm Edgar Link pending
R24.htm Edgar Link pending
R25.htm Edgar Link pending
R26.htm Edgar Link pending
R27.htm Edgar Link pending
R28.htm Edgar Link pending
R29.htm Edgar Link pending
R3.htm Edgar Link pending
R30.htm Edgar Link pending
R31.htm Edgar Link pending
R32.htm Edgar Link pending
R33.htm Edgar Link pending
R34.htm Edgar Link pending
R35.htm Edgar Link pending
R36.htm Edgar Link pending
R37.htm Edgar Link pending
R38.htm Edgar Link pending
R39.htm Edgar Link pending
R4.htm Edgar Link pending
R40.htm Edgar Link pending
R41.htm Edgar Link pending
R42.htm Edgar Link pending
R43.htm Edgar Link pending
R44.htm Edgar Link pending
R45.htm Edgar Link pending
R46.htm Edgar Link pending
R47.htm Edgar Link pending
R48.htm Edgar Link pending
R49.htm Edgar Link pending
R5.htm Edgar Link pending
R50.htm Edgar Link pending
R51.htm Edgar Link pending
R52.htm Edgar Link pending
R53.htm Edgar Link pending
R54.htm Edgar Link pending
R55.htm Edgar Link pending
R56.htm Edgar Link pending
R57.htm Edgar Link pending
R58.htm Edgar Link pending
R59.htm Edgar Link pending
R6.htm Edgar Link pending
R60.htm Edgar Link pending
R61.htm Edgar Link pending
R62.htm Edgar Link pending
R63.htm Edgar Link pending
R64.htm Edgar Link pending
R65.htm Edgar Link pending
R66.htm Edgar Link pending
R67.htm Edgar Link pending
R68.htm Edgar Link pending
R69.htm Edgar Link pending
R7.htm Edgar Link pending
R70.htm Edgar Link pending
R71.htm Edgar Link pending
R72.htm Edgar Link pending
R73.htm Edgar Link pending
R8.htm Edgar Link pending
R9.htm Edgar Link pending
R9999.htm Edgar Link pending
report.css Edgar Link pending
Show.js Edgar Link pending