$LRCX
LAM RESEARCH CORP

2021 Q3 Form 10-Q Financial Statement

#000070754921000155 Filed on October 26, 2021

View on sec.gov

Income Statement

Concept 2021 Q3 2020 Q3
Revenue $4.304B $3.177B
YoY Change 35.48% 46.7%
Cost Of Revenue $2.328B $1.671B
YoY Change 39.31% 41.12%
Gross Profit $1.977B $1.506B
YoY Change 31.24% 53.42%
Gross Profit Margin 45.92% 47.41%
Selling, General & Admin $222.2M $189.7M
YoY Change 17.1% 20.53%
% of Gross Profit 11.24% 12.6%
Research & Development $382.3M $355.4M
YoY Change 7.59% 23.9%
% of Gross Profit 19.34% 23.59%
Depreciation & Amortization $79.87M $72.90M
YoY Change 9.57% 12.67%
% of Gross Profit 4.04% 4.84%
Operating Expenses $604.5M $545.1M
YoY Change 10.9% 22.7%
Operating Profit $1.372B $961.1M
YoY Change 42.78% 78.82%
Interest Expense $45.06M $52.12M
YoY Change -13.55% 18.46%
% of Operating Profit 3.28% 5.42%
Other Income/Expense, Net -$28.86M -$38.79M
YoY Change -25.61% 204.78%
Pretax Income $1.343B $922.3M
YoY Change 45.66% 75.76%
Income Tax $163.6M $98.82M
% Of Pretax Income 12.18% 10.71%
Net Earnings $1.180B $823.5M
YoY Change 43.27% 76.79%
Net Earnings / Revenue 27.41% 25.92%
Basic Earnings Per Share $8.32 $5.67
Diluted Earnings Per Share $8.27 $5.59
COMMON SHARES
Basic Shares Outstanding 141.7M shares 145.3M shares
Diluted Shares Outstanding 142.6M shares 147.2M shares

Balance Sheet

Concept 2021 Q3 2020 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $4.612B $6.658B
YoY Change -30.74% 19.08%
Cash & Equivalents $4.042B $4.129B
Short-Term Investments $569.5M $2.529B
Other Short-Term Assets $263.7M $161.0M
YoY Change 63.81% 29.84%
Inventory $2.872B $2.138B
Prepaid Expenses
Receivables $3.397B $2.318B
Other Receivables $0.00 $0.00
Total Short-Term Assets $11.14B $11.27B
YoY Change -1.15% 27.62%
LONG-TERM ASSETS
Property, Plant & Equipment $1.373B $1.134B
YoY Change 21.03% 10.08%
Goodwill $1.500B $1.500B
YoY Change 0.0% 0.0%
Intangibles $125.0M
YoY Change
Long-Term Investments
YoY Change
Other Assets $1.182B $748.8M
YoY Change 57.84% 40.38%
Total Long-Term Assets $4.421B $3.782B
YoY Change 16.89% 7.79%
TOTAL ASSETS
Total Short-Term Assets $11.14B $11.27B
Total Long-Term Assets $4.421B $3.782B
Total Assets $15.57B $15.06B
YoY Change 3.38% 21.98%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $837.7M $662.7M
YoY Change 26.41% 59.37%
Accrued Expenses $1.634B $1.334B
YoY Change 22.51% 34.7%
Deferred Revenue $931.4M $576.5M
YoY Change 61.57% 41.75%
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due $6.368M $823.1M
YoY Change -99.23% 28.33%
Total Short-Term Liabilities $3.409B $3.407B
YoY Change 0.07% 38.62%
LONG-TERM LIABILITIES
Long-Term Debt $4.989B $4.960B
YoY Change 0.59% 31.35%
Other Long-Term Liabilities $466.0M $351.3M
YoY Change 32.66% 34.13%
Total Long-Term Liabilities $466.0M $5.311B
YoY Change -91.23% 31.53%
TOTAL LIABILITIES
Total Short-Term Liabilities $3.409B $3.407B
Total Long-Term Liabilities $466.0M $5.311B
Total Liabilities $9.746B $9.632B
YoY Change 1.18% 30.78%
SHAREHOLDERS EQUITY
Retained Earnings $15.65B $12.16B
YoY Change 28.76% 18.8%
Common Stock $141.0K $6.762B
YoY Change -100.0% 4.72%
Preferred Stock
YoY Change
Treasury Stock (at cost) $16.86B $13.42B
YoY Change 25.69% 14.86%
Treasury Stock Shares 152.5M shares 146.8M shares
Shareholders Equity $5.820B $5.419B
YoY Change
Total Liabilities & Shareholders Equity $15.57B $15.06B
YoY Change 3.38% 21.98%

Cashflow Statement

Concept 2021 Q3 2020 Q3
OPERATING ACTIVITIES
Net Income $1.180B $823.5M
YoY Change 43.27% 76.79%
Depreciation, Depletion And Amortization $79.87M $72.90M
YoY Change 9.57% 12.67%
Cash From Operating Activities $457.5M $642.5M
YoY Change -28.79% 38.46%
INVESTING ACTIVITIES
Capital Expenditures -$136.4M -$62.80M
YoY Change 117.24% 59.8%
Acquisitions
YoY Change
Other Investing Activities $4.923M $1.786M
YoY Change 175.64% 230.74%
Cash From Investing Activities $596.7M -$801.7M
YoY Change -174.43% -206.79%
FINANCING ACTIVITIES
Cash Dividend Paid $185.4M $167.1M
YoY Change 10.95% 5.2%
Common Stock Issuance & Retirement, Net $1.236B $443.0M
YoY Change 178.98% 496.59%
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -$1.428B -$631.5M
YoY Change 126.07% 140.94%
NET CHANGE
Cash From Operating Activities $457.5M $642.5M
Cash From Investing Activities $596.7M -$801.7M
Cash From Financing Activities -$1.428B -$631.5M
Net Change In Cash -$377.2M -$786.6M
YoY Change -52.05% -182.93%
FREE CASH FLOW
Cash From Operating Activities $457.5M $642.5M
Capital Expenditures -$136.4M -$62.80M
Free Cash Flow $594.0M $705.3M
YoY Change -15.79% 40.12%

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CY2020Q3 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
642511000 USD
CY2021Q3 us-gaap Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
136427000 USD
CY2020Q3 us-gaap Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
62806000 USD
CY2021Q3 us-gaap Payments To Acquire Available For Sale Securities Debt
PaymentsToAcquireAvailableForSaleSecuritiesDebt
25297000 USD
CY2020Q3 us-gaap Payments To Acquire Available For Sale Securities Debt
PaymentsToAcquireAvailableForSaleSecuritiesDebt
1750188000 USD
CY2021Q3 us-gaap Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities
ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities
106836000 USD
CY2020Q3 us-gaap Payments Of Dividends
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167129000 USD
CY2021Q3 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
742000 USD
CY2020Q3 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
5538000 USD
CY2021Q3 us-gaap Proceeds From Sale Of Available For Sale Securities Debt
ProceedsFromSaleOfAvailableForSaleSecuritiesDebt
656504000 USD
CY2020Q3 us-gaap Proceeds From Sale Of Available For Sale Securities Debt
ProceedsFromSaleOfAvailableForSaleSecuritiesDebt
415862000 USD
CY2021Q3 us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
4923000 USD
CY2020Q3 us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
1786000 USD
CY2021Q3 us-gaap Net Cash Provided By Used In Investing Activities
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596693000 USD
CY2020Q3 us-gaap Net Cash Provided By Used In Investing Activities
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CY2021Q3 us-gaap Repayments Of Long Term Debt And Capital Securities
RepaymentsOfLongTermDebtAndCapitalSecurities
6338000 USD
CY2020Q3 us-gaap Repayments Of Long Term Debt And Capital Securities
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19173000 USD
CY2021Q3 us-gaap Payments For Repurchase Of Common Stock
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1236753000 USD
CY2020Q3 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
448581000 USD
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185431000 USD
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ProceedsFromPaymentsForOtherFinancingActivities
188000 USD
CY2020Q3 us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
-2140000 USD
CY2021Q3 us-gaap Net Cash Provided By Used In Financing Activities
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-1427592000 USD
CY2020Q3 us-gaap Net Cash Provided By Used In Financing Activities
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CY2021Q3 us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
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-3776000 USD
CY2020Q3 us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
4082000 USD
CY2021Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-377151000 USD
CY2020Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-786558000 USD
CY2021Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
4670750000 USD
CY2020Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
5169083000 USD
CY2021Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
4293599000 USD
CY2020Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
4382525000 USD
CY2021Q3 us-gaap Liabilities Assumed1
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126000 USD
CY2020Q3 us-gaap Liabilities Assumed1
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18599000 USD
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66117000 USD
CY2020Q3 us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
37733000 USD
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DividendsPayableCurrentAndNoncurrent
211216000 USD
CY2020Q3 us-gaap Dividends Payable Current And Noncurrent
DividendsPayableCurrentAndNoncurrent
188046000 USD
CY2021Q3 lrcx Transfer Of Inventory To Property And Equipment Net
TransferOfInventoryToPropertyAndEquipmentNet
15518000 USD
CY2020Q3 lrcx Transfer Of Inventory To Property And Equipment Net
TransferOfInventoryToPropertyAndEquipmentNet
29019000 USD
CY2021Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
4042151000 USD
CY2020Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
4129067000 USD
CY2021Q3 us-gaap Restricted Cash And Cash Equivalents
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251448000 USD
CY2020Q3 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
253458000 USD
CY2021Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
4293599000 USD
CY2020Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
4382525000 USD
CY2021Q2 us-gaap Stockholders Equity
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6027188000 USD
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742000 USD
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1216874000 USD
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58099000 USD
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1179744000 USD
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1.50
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211216000 USD
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5820043000 USD
CY2020Q2 us-gaap Stockholders Equity
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5172494000 USD
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5538000 USD
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467098000 USD
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55988000 USD
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CY2020Q3 lrcx Reclassifications Of Temporary Equity To Permanent Equity Convertible Notes
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4688000 USD
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823451000 USD
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11539000 USD
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1.30
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188046000 USD
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5419185000 USD
CY2021Q3 us-gaap Fiscal Period
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The Company’s reporting period is a 52/53-week fiscal year. The Company’s current fiscal year will end June 26, 2022 and includes 52 weeks.
CY2021Q3 us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
565700000 USD
CY2021Q3 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
951080000 USD
CY2021Q3 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
158546000 USD
CY2021Q3 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
0 USD
CY2021Q3 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
1109626000 USD
CY2021Q3 us-gaap Number Of Reportable Segments
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1 segment
CY2021Q3 lrcx Numberof Operating Geographic Regions
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7 region
CY2021Q3 lrcx Numberof Primary Markets
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3 primary_market
CY2021Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
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4304465000 USD
CY2020Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
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3177080000 USD
CY2021Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
4304465000 USD
CY2020Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
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3177080000 USD
CY2021Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Award Vesting Period1
ShareBasedCompensationArrangementByShareBasedPaymentAwardAwardVestingPeriod1
P3Y
CY2021Q3 us-gaap Share Based Compensation
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58099000 USD
CY2020Q3 us-gaap Share Based Compensation
ShareBasedCompensation
55988000 USD
CY2021Q3 us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
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8208000 USD
CY2020Q3 us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
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9877000 USD
CY2021Q3 us-gaap Investment Income Interest
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4678000 USD
CY2020Q3 us-gaap Investment Income Interest
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6959000 USD
CY2021Q3 us-gaap Interest Expense
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45056000 USD
CY2020Q3 us-gaap Interest Expense
InterestExpense
52115000 USD
CY2021Q3 lrcx Gain Losson Assets Relatedto Deferred Compensation Plan
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7437000 USD
CY2020Q3 lrcx Gain Losson Assets Relatedto Deferred Compensation Plan
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12927000 USD
CY2021Q3 us-gaap Foreign Currency Transaction Gain Loss Before Tax
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-17000 USD
CY2020Q3 us-gaap Foreign Currency Transaction Gain Loss Before Tax
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CY2021Q3 lrcx Other Non Operating Income Expense Other Net
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4101000 USD
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OtherNonOperatingIncomeExpenseOtherNet
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OtherNonoperatingIncomeExpense
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CY2021Q3 us-gaap Income Tax Expense Benefit
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163632000 USD
CY2020Q3 us-gaap Income Tax Expense Benefit
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98821000 USD
CY2021Q3 us-gaap Effective Income Tax Rate Continuing Operations
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0.122
CY2020Q3 us-gaap Effective Income Tax Rate Continuing Operations
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0.107
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1179744000 USD
CY2020Q3 us-gaap Net Income Loss
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823451000 USD
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141743000 shares
CY2020Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
145267000 shares
CY2021Q3 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
869000 shares
CY2020Q3 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
1112000 shares
CY2021Q3 us-gaap Incremental Common Shares Attributable To Conversion Of Debt Securities
IncrementalCommonSharesAttributableToConversionOfDebtSecurities
0 shares
CY2020Q3 us-gaap Incremental Common Shares Attributable To Conversion Of Debt Securities
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869000 shares
CY2021Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
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142612000 shares
CY2020Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
147248000 shares
CY2021Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
8.32
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EarningsPerShareBasic
5.67
CY2021Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
8.27
CY2020Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
5.59
CY2021Q3 lrcx Debt Securities Trading And Equity Securities Cash And Cash Equivalents Fvni Cost
DebtSecuritiesTradingAndEquitySecuritiesCashAndCashEquivalentsFVNICost
4944196000 USD
CY2021Q3 lrcx Debt Securities Tradingand Availableforsale Accumulated Gross Unrealized Gain Before Tax
DebtSecuritiesTradingandAvailableforsaleAccumulatedGrossUnrealizedGainBeforeTax
20170000 USD
CY2021Q3 lrcx Debt Securities Tradingand Availableforsale Accumulated Gross Unrealized Loss Before Tax
DebtSecuritiesTradingandAvailableforsaleAccumulatedGrossUnrealizedLossBeforeTax
357000 USD
CY2021Q3 lrcx Debt Securities Trading Equity Securities Cash And Cash Equivalents Fvni
DebtSecuritiesTradingEquitySecuritiesCashAndCashEquivalentsFVNI
4964009000 USD
CY2021Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
4042151000 USD
CY2021Q3 us-gaap Investments
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569472000 USD
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251448000 USD
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100938000 USD
CY2021Q2 lrcx Debt Securities Trading And Equity Securities Cash And Cash Equivalents Fvni Cost
DebtSecuritiesTradingAndEquitySecuritiesCashAndCashEquivalentsFVNICost
6060441000 USD
CY2021Q2 lrcx Debt Securities Tradingand Availableforsale Accumulated Gross Unrealized Gain Before Tax
DebtSecuritiesTradingandAvailableforsaleAccumulatedGrossUnrealizedGainBeforeTax
17952000 USD
CY2021Q2 lrcx Debt Securities Tradingand Availableforsale Accumulated Gross Unrealized Loss Before Tax
DebtSecuritiesTradingandAvailableforsaleAccumulatedGrossUnrealizedLossBeforeTax
600000 USD
CY2021Q2 lrcx Debt Securities Trading Equity Securities Cash And Cash Equivalents Fvni
DebtSecuritiesTradingEquitySecuritiesCashAndCashEquivalentsFVNI
6077793000 USD
CY2021Q2 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
4418263000 USD
CY2021Q2 us-gaap Investments
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1310872000 USD
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252487000 USD
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96171000 USD
CY2021Q3 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position Less Than12 Months
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12Months
174418000 USD
CY2021Q3 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position Less Than12 Months Accumulated Loss
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12MonthsAccumulatedLoss
315000 USD
CY2021Q3 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position12 Months Or Longer
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLonger
7673000 USD
CY2021Q3 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position12 Months Or Longer Accumulated Loss
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLongerAccumulatedLoss
42000 USD
CY2021Q3 us-gaap Debt Securities Available For Sale Unrealized Loss Position
DebtSecuritiesAvailableForSaleUnrealizedLossPosition
182091000 USD
CY2021Q3 us-gaap Debt Securities Available For Sale Unrealized Loss Position Accumulated Loss
DebtSecuritiesAvailableForSaleUnrealizedLossPositionAccumulatedLoss
357000 USD
CY2021Q3 us-gaap Available For Sale Securities Debt Maturities Within One Year Amortized Cost
AvailableForSaleSecuritiesDebtMaturitiesWithinOneYearAmortizedCost
3367984000 USD
CY2021Q3 us-gaap Available For Sale Securities Debt Maturities Within One Year Fair Value
AvailableForSaleSecuritiesDebtMaturitiesWithinOneYearFairValue
3368163000 USD
CY2021Q3 us-gaap Available For Sale Securities Debt Maturities After One Through Five Years Amortized Cost
AvailableForSaleSecuritiesDebtMaturitiesAfterOneThroughFiveYearsAmortizedCost
404834000 USD
CY2021Q3 us-gaap Available For Sale Securities Debt Maturities After One Through Five Years Fair Value
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405155000 USD
CY2021Q3 lrcx Available For Sale Securities Debt Maturities After Five Years Amortized Cost
AvailableForSaleSecuritiesDebtMaturitiesAfterFiveYearsAmortizedCost
26240000 USD
CY2021Q3 lrcx Available For Sale Securities Debt Maturities After Five Years Fair Value
AvailableForSaleSecuritiesDebtMaturitiesAfterFiveYearsFairValue
26191000 USD
CY2021Q3 us-gaap Available For Sale Debt Securities Amortized Cost Basis
AvailableForSaleDebtSecuritiesAmortizedCostBasis
3799058000 USD
CY2021Q3 us-gaap Available For Sale Securities Debt Maturities Single Maturity Date
AvailableForSaleSecuritiesDebtMaturitiesSingleMaturityDate
3799509000 USD
CY2021Q3 us-gaap Inventory Raw Materials Net Of Reserves
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1612811000 USD
CY2021Q2 us-gaap Inventory Raw Materials Net Of Reserves
InventoryRawMaterialsNetOfReserves
1519456000 USD
CY2021Q3 us-gaap Inventory Work In Process Net Of Reserves
InventoryWorkInProcessNetOfReserves
431646000 USD
CY2021Q2 us-gaap Inventory Work In Process Net Of Reserves
InventoryWorkInProcessNetOfReserves
391686000 USD
CY2021Q3 us-gaap Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
827684000 USD
CY2021Q2 us-gaap Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
778152000 USD
CY2021Q3 us-gaap Inventory Net
InventoryNet
2872141000 USD
CY2021Q2 us-gaap Inventory Net
InventoryNet
2689294000 USD
CY2021Q3 us-gaap Goodwill
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1500000000 USD
CY2021Q2 us-gaap Goodwill
Goodwill
1500000000 USD
CY2021Q2 us-gaap Business Acquisition Purchase Price Allocation Goodwill Expected Tax Deductible Amount
BusinessAcquisitionPurchasePriceAllocationGoodwillExpectedTaxDeductibleAmount
61100000 USD
CY2021Q3 us-gaap Business Acquisition Purchase Price Allocation Goodwill Expected Tax Deductible Amount
BusinessAcquisitionPurchasePriceAllocationGoodwillExpectedTaxDeductibleAmount
61100000 USD
CY2021Q3 us-gaap Finite Lived Intangible Assets Gross
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1444203000 USD
CY2021Q3 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
1319189000 USD
CY2021Q3 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
125014000 USD
CY2021Q2 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
1432436000 USD
CY2021Q2 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
1300071000 USD
CY2021Q2 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
132365000 USD
CY2021Q3 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
19100000 USD
CY2020Q3 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
16800000 USD
CY2021Q3 lrcx Finite Lived Intangible Assets Gross Not Yet Placed In Service
FiniteLivedIntangibleAssetsGrossNotYetPlacedInService
12000000 USD
CY2021Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Remainder Of Fiscal Year
FiniteLivedIntangibleAssetsAmortizationExpenseRemainderOfFiscalYear
54972000 USD
CY2021Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
28079000 USD
CY2021Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
17194000 USD
CY2021Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
8863000 USD
CY2021Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
3203000 USD
CY2021Q3 lrcx Finite Lived Intangible Asset Expected Amortization After Year Four
FiniteLivedIntangibleAssetExpectedAmortizationAfterYearFour
724000 USD
CY2021Q3 lrcx Finite Lived Intangible Assets Excluding Assets Not Yetin Service Net
FiniteLivedIntangibleAssetsExcludingAssetsNotYetinServiceNet
113035000 USD
CY2021Q3 us-gaap Deferred Compensation Liability Current
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571930000 USD
CY2021Q2 us-gaap Deferred Compensation Liability Current
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552925000 USD
CY2021Q3 us-gaap Product Warranty Accrual Classified Current
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198660000 USD
CY2021Q2 us-gaap Product Warranty Accrual Classified Current
ProductWarrantyAccrualClassifiedCurrent
176030000 USD
CY2021Q2 lrcx Debt Longterm Gross And Shortterm Combined Amount
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5000000000 USD
CY2021Q3 us-gaap Debt Instrument Unamortized Discount
DebtInstrumentUnamortizedDiscount
37634000 USD
CY2021Q2 us-gaap Debt Instrument Unamortized Discount
DebtInstrumentUnamortizedDiscount
38243000 USD
CY2021Q3 us-gaap Taxes Payable Current
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191967000 USD
CY2021Q2 us-gaap Taxes Payable Current
TaxesPayableCurrent
348206000 USD
CY2021Q3 us-gaap Dividends Payable Current
DividendsPayableCurrent
211216000 USD
CY2021Q2 us-gaap Dividends Payable Current
DividendsPayableCurrent
185431000 USD
CY2021Q3 us-gaap Other Accrued Liabilities Current
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459956000 USD
CY2021Q2 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
456891000 USD
CY2021Q3 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
1633729000 USD
CY2021Q2 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
1719483000 USD
CY2021Q3 lrcx Debt Longterm Gross And Shortterm Combined Amount
DebtLongtermGrossAndShorttermCombinedAmount
5000000000 USD
CY2021Q3 lrcx Debt Instrument Fair Value Increase Decrease Adjustment
DebtInstrumentFairValueIncreaseDecreaseAdjustment
6174000 USD
CY2021Q2 lrcx Debt Instrument Fair Value Increase Decrease Adjustment
DebtInstrumentFairValueIncreaseDecreaseAdjustment
6621000 USD
CY2021Q3 us-gaap Unamortized Debt Issuance Expense
UnamortizedDebtIssuanceExpense
7291000 USD
CY2021Q2 us-gaap Unamortized Debt Issuance Expense
UnamortizedDebtIssuanceExpense
7443000 USD
CY2021Q3 us-gaap Long Term Debt
LongTermDebt
4961249000 USD
CY2021Q2 us-gaap Long Term Debt
LongTermDebt
4960935000 USD
CY2021Q3 us-gaap Long Term Debt
LongTermDebt
4961249000 USD
CY2021Q2 us-gaap Long Term Debt
LongTermDebt
4960935000 USD
CY2021Q3 us-gaap Interest Expense Debt Excluding Amortization
InterestExpenseDebtExcludingAmortization
43782000 USD
CY2020Q3 us-gaap Interest Expense Debt Excluding Amortization
InterestExpenseDebtExcludingAmortization
49571000 USD
CY2021Q3 us-gaap Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
683000 USD
CY2020Q3 us-gaap Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
1012000 USD
CY2021Q3 us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
335000 USD
CY2020Q3 us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
411000 USD
CY2021Q3 lrcx Amortization Of Fair Value Of Interest Rate Cash Flow Hedge During Period
AmortizationOfFairValueOfInterestRateCashFlowHedgeDuringPeriod
605000 USD
CY2020Q3 lrcx Amortization Of Fair Value Of Interest Rate Cash Flow Hedge During Period
AmortizationOfFairValueOfInterestRateCashFlowHedgeDuringPeriod
506000 USD
CY2021Q3 us-gaap Interest Expense Debt
InterestExpenseDebt
45405000 USD
CY2020Q3 us-gaap Interest Expense Debt
InterestExpenseDebt
51500000 USD
CY2021Q2 us-gaap Standard Product Warranty Accrual
StandardProductWarrantyAccrual
191758000 USD
CY2020Q2 us-gaap Standard Product Warranty Accrual
StandardProductWarrantyAccrual
129197000 USD
CY2021Q3 us-gaap Standard Product Warranty Accrual Warranties Issued
StandardProductWarrantyAccrualWarrantiesIssued
70672000 USD
CY2020Q3 us-gaap Standard Product Warranty Accrual Warranties Issued
StandardProductWarrantyAccrualWarrantiesIssued
46044000 USD
CY2021Q3 us-gaap Standard Product Warranty Accrual Payments
StandardProductWarrantyAccrualPayments
60292000 USD
CY2020Q3 us-gaap Standard Product Warranty Accrual Payments
StandardProductWarrantyAccrualPayments
36131000 USD
CY2021Q3 us-gaap Standard Product Warranty Accrual Preexisting Increase Decrease
StandardProductWarrantyAccrualPreexistingIncreaseDecrease
12106000 USD
CY2020Q3 us-gaap Standard Product Warranty Accrual Preexisting Increase Decrease
StandardProductWarrantyAccrualPreexistingIncreaseDecrease
-2250000 USD
CY2021Q3 us-gaap Standard Product Warranty Accrual
StandardProductWarrantyAccrual
214244000 USD
CY2020Q3 us-gaap Standard Product Warranty Accrual
StandardProductWarrantyAccrual
136860000 USD
CY2021Q3 us-gaap Shares Paid For Tax Withholding For Share Based Compensation
SharesPaidForTaxWithholdingForShareBasedCompensation
12000 shares
CY2021Q3 us-gaap Adjustments Related To Tax Withholding For Share Based Compensation
AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation
7100000 USD
CY2021Q3 lrcx Number Of Financial Institutions
NumberOfFinancialInstitutions
2 financial_institution
CY2021Q3 us-gaap Oci Before Reclassifications Net Of Tax Attributable To Parent
OciBeforeReclassificationsNetOfTaxAttributableToParent
-15243000 USD
CY2021Q3 us-gaap Reclassification From Aoci Current Period Net Of Tax Attributable To Parent
ReclassificationFromAociCurrentPeriodNetOfTaxAttributableToParent
2397000 USD
CY2021Q3 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
-17640000 USD

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