2022 Q3 Form 10-Q Financial Statement

#000183563222000041 Filed on August 26, 2022

View on sec.gov

Income Statement

Concept 2022 Q3 2022 Q2 2022 Q1
Revenue $1.517B $1.447B $1.343B
YoY Change 40.99% 73.84% 68.34%
Cost Of Revenue $730.9M $696.0M $656.5M
YoY Change 3.81% 68.08% 74.29%
Gross Profit $786.0M $750.9M $686.4M
YoY Change 111.4% 79.56% 63.01%
Gross Profit Margin 51.82% 51.9% 51.11%
Selling, General & Admin $211.7M $235.7M $251.2M
YoY Change -18.33% 16.97% 124.1%
% of Gross Profit 26.93% 31.39% 36.6%
Research & Development $449.0M $444.1M $399.3M
YoY Change 22.34% 55.23% 46.84%
% of Gross Profit 57.12% 59.14% 58.17%
Depreciation & Amortization $348.7M $348.2M $371.0M
YoY Change 1.69% 92.93% 135.28%
% of Gross Profit 44.36% 46.37% 54.05%
Operating Expenses $660.7M $679.8M $650.5M
YoY Change 5.51% 39.42% 75.52%
Operating Profit $39.10M $69.80M $35.95M
YoY Change -114.66% -184.81% -28.81%
Interest Expense $39.80M $36.30M -$34.77M
YoY Change 17.75% 3.42% 70.46%
% of Operating Profit 101.79% 52.01% -96.72%
Other Income/Expense, Net $3.700M $5.200M $2.196M
YoY Change -317.65% 333.33% -413.71%
Pretax Income $3.800M $39.20M $2.074M
YoY Change -101.26% -133.79% -109.1%
Income Tax -$500.0K $204.9M -$4.094M
% Of Pretax Income -13.16% 522.7% -197.4%
Net Earnings $4.300M -$165.7M $6.168M
YoY Change -101.56% 87.87% -62.62%
Net Earnings / Revenue 0.28% -11.45% 0.46%
Basic Earnings Per Share $0.01 -$0.20
Diluted Earnings Per Share $0.01 -$0.20 $7.305K
COMMON SHARES
Basic Shares Outstanding 850.9M shares 848.0M shares 847.8M shares
Diluted Shares Outstanding 857.9M shares 848.0M shares

Balance Sheet

Concept 2022 Q3 2022 Q2 2022 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $617.1M $465.0M $613.5M
YoY Change 10.27% -11.01% -17.98%
Cash & Equivalents $617.1M $465.0M $613.5M
Short-Term Investments
Other Short-Term Assets $93.50M $107.3M $111.0M
YoY Change -9.85% -19.19% 73.44%
Inventory $913.1M $835.5M $720.3M
Prepaid Expenses
Receivables $1.291B $1.191B $1.049B
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $2.915B $2.599B $2.493B
YoY Change 52.74% 37.67% 54.19%
LONG-TERM ASSETS
Property, Plant & Equipment $508.2M $502.2M $462.8M
YoY Change 17.34% 18.24% 41.91%
Goodwill $11.60B $11.50B $11.50B
YoY Change 5.45% 4.55% 116.98%
Intangibles $5.643B $5.888B $6.153B
YoY Change -10.23% -10.27% 170.99%
Long-Term Investments
YoY Change
Other Assets $1.207B $1.179B $994.4M
YoY Change 68.07% 77.51% 83.61%
Total Long-Term Assets $19.25B $19.44B $19.62B
YoY Change 1.67% 0.5% 114.43%
TOTAL ASSETS
Total Short-Term Assets $2.915B $2.599B $2.493B
Total Long-Term Assets $19.25B $19.44B $19.62B
Total Assets $22.16B $22.04B $22.11B
YoY Change 6.35% 3.81% 105.38%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $490.3M $553.1M $461.5M
YoY Change 32.33% 81.69% 82.83%
Accrued Expenses $579.5M $501.2M $542.9M
YoY Change 26.75% 10.54% 26.86%
Deferred Revenue $387.0M $349.4M $258.6M
YoY Change 103.15% 104.89% 42.88%
Short-Term Debt $653.5M $74.10M $63.20M
YoY Change 1478.88% 144.49% -68.34%
Long-Term Debt Due $653.5M $74.10M $63.17M
YoY Change 1478.88% -66.86% -68.36%
Total Short-Term Liabilities $2.156B $1.554B $1.389B
YoY Change 98.8% 33.96% 28.92%
LONG-TERM LIABILITIES
Long-Term Debt $3.947B $4.465B $4.485B
YoY Change -15.34% -4.48% 351.56%
Other Long-Term Liabilities $528.7M $554.3M $533.1M
YoY Change 50.99% 2.72% 105.95%
Total Long-Term Liabilities $4.476B $5.020B $5.018B
YoY Change -10.71% -3.74% 300.78%
TOTAL LIABILITIES
Total Short-Term Liabilities $2.156B $1.554B $1.389B
Total Long-Term Liabilities $4.476B $5.020B $5.018B
Total Liabilities $6.632B $6.574B $6.407B
YoY Change 8.77% 3.12% 175.06%
SHAREHOLDERS EQUITY
Retained Earnings $1.228B $1.275B $1.491B
YoY Change -25.53% -35.44% -29.1%
Common Stock $14.30B $14.19B $14.21B
YoY Change 9.24% 10.17% 124.41%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $15.53B $15.47B $15.70B
YoY Change
Total Liabilities & Shareholders Equity $22.16B $22.04B $22.11B
YoY Change 6.35% 3.81% 105.38%

Cashflow Statement

Concept 2022 Q3 2022 Q2 2022 Q1
OPERATING ACTIVITIES
Net Income $4.300M -$165.7M $6.168M
YoY Change -101.56% 87.87% -62.62%
Depreciation, Depletion And Amortization $348.7M $348.2M $371.0M
YoY Change 1.69% 92.93% 135.28%
Cash From Operating Activities $331.5M $194.8M $346.3M
YoY Change 49.25% -1521.9% 118.78%
INVESTING ACTIVITIES
Capital Expenditures -$75.20M $36.90M -$47.27M
YoY Change 112.24% 72.43% 107.31%
Acquisitions $44.00M
YoY Change -98.78%
Other Investing Activities -$54.70M -$100.0K -$15.82M
YoY Change 1818.63% -75.0% 5174.33%
Cash From Investing Activities -$129.9M -$82.40M -$63.09M
YoY Change 239.32% -97.73% 173.12%
FINANCING ACTIVITIES
Cash Dividend Paid $50.90M
YoY Change 25.37%
Common Stock Issuance & Retirement, Net $15.00M
YoY Change
Debt Paid & Issued, Net $10.90M
YoY Change -94.55%
Cash From Financing Activities -49.50M -$260.9M -193.2M
YoY Change -66.26% -107.65% -11.66%
NET CHANGE
Cash From Operating Activities 331.5M $194.8M 346.3M
Cash From Investing Activities -129.9M -$82.40M -63.09M
Cash From Financing Activities -49.50M -$260.9M -193.2M
Net Change In Cash 152.1M -$148.5M 90.03M
YoY Change 309.92% -34.29% -207.82%
FREE CASH FLOW
Cash From Operating Activities $331.5M $194.8M $346.3M
Capital Expenditures -$75.20M $36.90M -$47.27M
Free Cash Flow $406.7M $157.9M $393.6M
YoY Change 57.92% -549.86% 117.33%

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CY2022Q3 us-gaap Dividends Common Stock Cash
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CY2021Q1 us-gaap Stockholders Equity
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CY2021Q2 us-gaap Stock Issued During Period Value Acquisitions
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CY2021Q2 us-gaap Adjustments To Additional Paid In Capital Stock Issued Issuance Costs
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CY2021Q2 mrvl Adjustments To Additional Paid In Capital Replacement Equity Awards Attributable To Pre Acquisition Service
AdjustmentsToAdditionalPaidInCapitalReplacementEquityAwardsAttributableToPreAcquisitionService
82300000 usd
CY2021Q2 mrvl Adjustments To Additional Paid In Capital Convertible Debt With Conversion Feature1
AdjustmentsToAdditionalPaidInCapitalConvertibleDebtWithConversionFeature1
244200000 usd
CY2021Q2 mrvl Stock Issued During Period Value Repurchase Of Convertible Notes
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CY2021Q2 us-gaap Stock Issued During Period Value Conversion Of Convertible Securities
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CY2021Q2 us-gaap Common Stock Dividends Per Share Declared
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CY2021Q2 us-gaap Common Stock Dividends Per Share Cash Paid
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CY2021Q2 us-gaap Dividends Common Stock Cash
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CY2021Q2 us-gaap Stockholders Equity
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CY2021Q3 us-gaap Stock Issued During Period Value New Issues
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CY2021Q3 us-gaap Adjustments Related To Tax Withholding For Share Based Compensation
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CY2021Q3 us-gaap Stock Issued During Period Value Acquisitions
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CY2021Q3 us-gaap Stock Issued During Period Value Conversion Of Convertible Securities
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CY2021Q3 us-gaap Dividends Common Stock Cash
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us-gaap Increase Decrease In Accounts Receivable
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CY2021Q3 us-gaap Stockholders Equity
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us-gaap Net Income Loss
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us-gaap Net Income Loss
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us-gaap Other Depreciation And Amortization
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us-gaap Other Depreciation And Amortization
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us-gaap Share Based Compensation
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us-gaap Share Based Compensation
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us-gaap Amortization Of Intangible Assets
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us-gaap Amortization Of Intangible Assets
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mrvl Amortization Of Inventory Fair Value Adjustment Related With Acquisition
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mrvl Amortization Of Inventory Fair Value Adjustment Related With Acquisition
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us-gaap Other Noncash Income Expense
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us-gaap Deferred Income Tax Expense Benefit
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us-gaap Deferred Income Tax Expense Benefit
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us-gaap Increase Decrease In Accounts Receivable
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us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
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us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
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46200000 usd
us-gaap Increase Decrease In Inventories
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207100000 usd
us-gaap Increase Decrease In Inventories
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us-gaap Increase Decrease In Accounts Payable
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us-gaap Increase Decrease In Accounts Payable
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us-gaap Increase Decrease In Employee Related Liabilities
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us-gaap Increase Decrease In Employee Related Liabilities
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us-gaap Increase Decrease In Accrued Liabilities And Other Operating Liabilities
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us-gaap Increase Decrease In Accrued Liabilities And Other Operating Liabilities
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us-gaap Net Cash Provided By Used In Operating Activities
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us-gaap Net Cash Provided By Used In Operating Activities
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us-gaap Payments To Acquire Intangible Assets
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us-gaap Payments To Acquire Intangible Assets
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us-gaap Payments To Acquire Property Plant And Equipment
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us-gaap Payments To Acquire Property Plant And Equipment
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us-gaap Payments To Acquire Businesses Net Of Cash Acquired
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us-gaap Payments To Acquire Businesses Net Of Cash Acquired
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3600200000 usd
us-gaap Payments For Proceeds From Other Investing Activities
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us-gaap Payments For Proceeds From Other Investing Activities
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us-gaap Net Cash Provided By Used In Investing Activities
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us-gaap Net Cash Provided By Used In Investing Activities
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us-gaap Payments For Repurchase Of Common Stock
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us-gaap Payments For Repurchase Of Common Stock
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us-gaap Proceeds From Issuance Of Shares Under Incentive And Share Based Compensation Plans
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us-gaap Proceeds From Issuance Of Shares Under Incentive And Share Based Compensation Plans
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us-gaap Payments Related To Tax Withholding For Share Based Compensation
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us-gaap Payments Related To Tax Withholding For Share Based Compensation
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us-gaap Payments Of Dividends
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us-gaap Payments Of Dividends
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mrvl Payment On Technology License Obligation
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mrvl Payment On Technology License Obligation
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us-gaap Proceeds From Issuance Of Long Term Debt
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200000000.0 usd
us-gaap Proceeds From Issuance Of Long Term Debt
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us-gaap Repayments Of Long Term Debt
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us-gaap Repayments Of Long Term Debt
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mrvl Payments For Repurchase And Settlement Of Convertible Debt
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mrvl Payments For Repurchase And Settlement Of Convertible Debt
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mrvl Proceeds From Capped Calls
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mrvl Proceeds From Capped Calls
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us-gaap Payment Of Financing And Stock Issuance Costs
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us-gaap Payment Of Financing And Stock Issuance Costs
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us-gaap Net Cash Provided By Used In Financing Activities
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us-gaap Net Cash Provided By Used In Financing Activities
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us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
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CY2022Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
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CY2021Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
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CY2022Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
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CY2021Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
559600000 usd
us-gaap Fiscal Period
FiscalPeriod
The Company’s fiscal year is the 52- or 53-week period ending on the Saturday closest to January 31. Accordingly, every fifth or sixth fiscal year will have a 53-week period. The additional week in a 53-week year is added to the fourth quarter, making such quarter consist of 14 weeks. Fiscal 2022 had a 52-week year. Fiscal 2023 is a 52-week year.
us-gaap Use Of Estimates
UseOfEstimates
Use of EstimatesThe preparation of condensed consolidated financial statements in conformity with U.S. GAAP requires management to make estimates, judgments and assumptions that affect the reported amounts of assets, liabilities, revenues and expenses, and related disclosure of contingent liabilities. On an ongoing basis, the Company evaluates its estimates, including those related to revenue recognition, provisions for sales returns and allowances, inventory excess and obsolescence, goodwill and other intangible assets, assets acquired and liabilities assumed in connection with acquisitions, restructuring, income taxes, litigation and other contingencies. Actual results could differ from these estimates and such differences could affect the results of operations reported in future periods. In the current macroeconomic environment, these estimates require increased judgment and carry a higher degree of variability and volatility. As events continue to evolve and additional information becomes available, these estimates may change materially in future periods.
CY2022Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
1516900000 usd
CY2021Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
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us-gaap Revenue From Contract With Customer Excluding Assessed Tax
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us-gaap Revenue From Contract With Customer Excluding Assessed Tax
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1908200000 usd
CY2022Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
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CY2021Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
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us-gaap Revenue From Contract With Customer Excluding Assessed Tax
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us-gaap Revenue From Contract With Customer Excluding Assessed Tax
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CY2022Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
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CY2021Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
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us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
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us-gaap Revenue From Contract With Customer Excluding Assessed Tax
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CY2022Q3 us-gaap Debt Instrument Carrying Amount
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CY2022Q1 us-gaap Debt Instrument Carrying Amount
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CY2022Q1 us-gaap Deferred Finance Costs Net
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CY2022Q3 us-gaap Long Term Debt
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CY2022Q1 us-gaap Long Term Debt
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CY2022Q3 us-gaap Long Term Debt Noncurrent
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CY2022Q1 us-gaap Long Term Debt Noncurrent
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CY2022Q3 us-gaap Debt Weighted Average Interest Rate
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CY2022Q1 us-gaap Debt Weighted Average Interest Rate
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CY2022Q3 us-gaap Interest Expense Debt
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us-gaap Interest Expense Debt
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CY2021Q3 us-gaap Interest Expense Debt
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us-gaap Interest Expense Debt
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CY2022Q3 us-gaap Long Term Debt Maturities Repayments Of Principal In Next Twelve Months
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CY2022Q3 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Two
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CY2022Q3 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Three
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CY2022Q3 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Four
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CY2022Q3 mrvl Long Term Debt Maturity After Year Four
LongTermDebtMaturityAfterYearFour
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CY2022Q3 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
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mrvl Standard Product Warranty Time Period
StandardProductWarrantyTimePeriod
P1Y
mrvl Extended Product Warranty Period
ExtendedProductWarrantyPeriod
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CY2022Q3 us-gaap Loss Contingency Accrual At Carrying Value
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us-gaap Business Acquisitions Pro Forma Revenue
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us-gaap Business Acquisitions Pro Forma Net Income Loss
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CY2022Q2 us-gaap Number Of Businesses Acquired
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CY2022Q3 us-gaap Goodwill
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11600000000 usd
CY2022Q1 us-gaap Goodwill
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2383500000 usd
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us-gaap Acquired Finite Lived Intangible Assets Weighted Average Useful Life
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CY2022Q3 us-gaap Intangible Assets Gross Excluding Goodwill
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CY2022Q3 us-gaap Finite Lived Intangible Assets Accumulated Amortization
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2383500000 usd
CY2022Q3 us-gaap Intangible Assets Net Excluding Goodwill
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CY2022Q1 us-gaap Finite Lived Intangible Assets Accumulated Amortization
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CY2022 us-gaap Acquired Finite Lived Intangible Assets Weighted Average Useful Life
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CY2022Q1 us-gaap Intangible Assets Gross Excluding Goodwill
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CY2022Q1 us-gaap Finite Lived Intangible Assets Accumulated Amortization
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CY2022Q1 us-gaap Intangible Assets Net Excluding Goodwill
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CY2022Q3 us-gaap Amortization Of Intangible Assets
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us-gaap Amortization Of Intangible Assets
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CY2021Q3 us-gaap Amortization Of Intangible Assets
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us-gaap Amortization Of Intangible Assets
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405300000 usd
CY2022Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Remainder Of Fiscal Year
FiniteLivedIntangibleAssetsAmortizationExpenseRemainderOfFiscalYear
537800000 usd
CY2022Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
1069100000 usd
CY2022Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
1016500000 usd
CY2022Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
968400000 usd
CY2022Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
817400000 usd
CY2022Q3 mrvl Finite Lived Intangible Asset Amortization Expense After Year Four
FiniteLivedIntangibleAssetAmortizationExpenseAfterYearFour
422300000 usd
CY2022Q3 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
4831500000 usd
CY2022Q3 us-gaap Equity Securities Fv Ni
EquitySecuritiesFvNi
2000000.0 usd
CY2022Q3 us-gaap Other Assets Fair Value Disclosure
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CY2022Q3 us-gaap Assets Fair Value Disclosure
AssetsFairValueDisclosure
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CY2022Q3 us-gaap Other Long Term Investments
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CY2022Q1 us-gaap Equity Securities Fv Ni
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CY2022Q1 us-gaap Other Assets Fair Value Disclosure
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CY2022Q1 us-gaap Assets Fair Value Disclosure
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CY2022Q3 us-gaap Restructuring Costs And Asset Impairment Charges
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us-gaap Restructuring Costs And Asset Impairment Charges
RestructuringCostsAndAssetImpairmentCharges
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CY2021Q3 us-gaap Restructuring Costs And Asset Impairment Charges
RestructuringCostsAndAssetImpairmentCharges
12300000 usd
us-gaap Restructuring Costs And Asset Impairment Charges
RestructuringCostsAndAssetImpairmentCharges
25200000 usd
CY2022Q3 us-gaap Income Tax Expense Benefit
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us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
204400000 usd
us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
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0.21
CY2022Q3 us-gaap Deferred Tax Assets Liabilities Net
DeferredTaxAssetsLiabilitiesNet
213600000 usd
CY2022Q3 us-gaap Decrease In Unrecognized Tax Benefits Is Reasonably Possible
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7900000 usd
CY2022Q3 us-gaap Cash Cash Equivalents And Short Term Investments
CashCashEquivalentsAndShortTermInvestments
617100000 usd
CY2022Q3 us-gaap Deferred Tax Liability Not Recognized Amount Of Unrecognized Deferred Tax Liability Undistributed Earnings Of Foreign Subsidiaries
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363700000 usd
CY2022Q3 us-gaap Net Income Loss
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CY2021Q3 us-gaap Net Income Loss
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us-gaap Net Income Loss
NetIncomeLoss
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us-gaap Net Income Loss
NetIncomeLoss
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CY2022Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
850900000 shares
CY2021Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
821100000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
849400000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
757200000 shares
CY2022Q3 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
7000000.0 shares
CY2021Q3 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
0 shares
us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
0 shares
us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
0 shares
CY2022Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
857900000 shares
CY2021Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
821100000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
849400000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
757200000 shares
CY2022Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.01
CY2021Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.34
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.19
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.48
CY2022Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.01
CY2021Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.34
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.19
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.48
CY2022Q3 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
1420500000 usd
CY2022Q1 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
1328200000 usd
CY2022Q3 us-gaap Inventory Work In Process Net Of Reserves
InventoryWorkInProcessNetOfReserves
707700000 usd
CY2022Q1 us-gaap Inventory Work In Process Net Of Reserves
InventoryWorkInProcessNetOfReserves
578900000 usd
CY2022Q3 us-gaap Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
205400000 usd
CY2022Q1 us-gaap Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
141400000 usd
CY2022Q3 us-gaap Inventory Net
InventoryNet
913100000 usd
CY2022Q1 us-gaap Inventory Net
InventoryNet
720300000 usd
CY2022Q3 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
912300000 usd
CY2022Q1 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
865400000 usd
CY2022Q3 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
508200000 usd
CY2022Q1 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
462800000 usd
CY2022Q3 mrvl Technology Licenses
TechnologyLicenses
502100000 usd
CY2022Q1 mrvl Technology Licenses
TechnologyLicenses
490200000 usd
CY2022Q3 us-gaap Prepaid Expense Noncurrent
PrepaidExpenseNoncurrent
342300000 usd
CY2022Q1 us-gaap Prepaid Expense Noncurrent
PrepaidExpenseNoncurrent
215900000 usd
CY2022Q3 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
135600000 usd
CY2022Q1 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
142000000.0 usd
CY2022Q3 us-gaap Prepaid Expense Other Noncurrent
PrepaidExpenseOtherNoncurrent
132600000 usd
CY2022Q1 us-gaap Prepaid Expense Other Noncurrent
PrepaidExpenseOtherNoncurrent
54600000 usd
CY2022Q3 us-gaap Other Long Term Investments
OtherLongTermInvestments
36000000.0 usd
CY2022Q1 us-gaap Other Long Term Investments
OtherLongTermInvestments
30700000 usd
CY2022Q3 us-gaap Other Assets Miscellaneous Noncurrent
OtherAssetsMiscellaneousNoncurrent
58300000 usd
CY2022Q1 us-gaap Other Assets Miscellaneous Noncurrent
OtherAssetsMiscellaneousNoncurrent
61000000.0 usd
CY2022Q3 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
1206900000 usd
CY2022Q1 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
994400000 usd
CY2022Q3 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
387000000.0 usd
CY2022Q1 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
258600000 usd
CY2022Q3 mrvl Contractual Obligation Current
ContractualObligationCurrent
124500000 usd
CY2022Q1 mrvl Contractual Obligation Current
ContractualObligationCurrent
84200000 usd
CY2022Q3 us-gaap Accrued Professional Fees Current
AccruedProfessionalFeesCurrent
105100000 usd
CY2022Q1 us-gaap Accrued Professional Fees Current
AccruedProfessionalFeesCurrent
8500000 usd
CY2022Q3 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
37400000 usd
CY2022Q1 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
38200000 usd
CY2022Q3 mrvl Deferred Non Recurring Engineering Credit
DeferredNonRecurringEngineeringCredit
34400000 usd
CY2022Q1 mrvl Deferred Non Recurring Engineering Credit
DeferredNonRecurringEngineeringCredit
71200000 usd
CY2022Q3 us-gaap Deferred Revenue Current
DeferredRevenueCurrent
28900000 usd
CY2022Q1 us-gaap Deferred Revenue Current
DeferredRevenueCurrent
39000000.0 usd
CY2022Q3 us-gaap Accrued Royalties Current
AccruedRoyaltiesCurrent
22000000.0 usd
CY2022Q1 us-gaap Accrued Royalties Current
AccruedRoyaltiesCurrent
17400000 usd
CY2022Q3 us-gaap Interest Payable Current
InterestPayableCurrent
21500000 usd
CY2022Q1 us-gaap Interest Payable Current
InterestPayableCurrent
20100000 usd
CY2022Q3 us-gaap Accrued Income Taxes Current
AccruedIncomeTaxesCurrent
16600000 usd
CY2022Q1 us-gaap Accrued Income Taxes Current
AccruedIncomeTaxesCurrent
23300000 usd
CY2022Q3 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
46200000 usd
CY2022Q1 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
62100000 usd
CY2022Q3 mrvl Accrued And Contract Liabilities Current
AccruedAndContractLiabilitiesCurrent
823600000 usd
CY2022Q1 mrvl Accrued And Contract Liabilities Current
AccruedAndContractLiabilitiesCurrent
622600000 usd
CY2022Q3 mrvl Technology License Obligation Noncurrent
TechnologyLicenseObligationNoncurrent
297100000 usd
CY2022Q1 mrvl Technology License Obligation Noncurrent
TechnologyLicenseObligationNoncurrent
304300000 usd
CY2022Q3 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
131700000 usd
CY2022Q1 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
140300000 usd
CY2022Q3 mrvl Employee Related Liabilities Noncurrent
EmployeeRelatedLiabilitiesNoncurrent
35800000 usd
CY2022Q1 mrvl Employee Related Liabilities Noncurrent
EmployeeRelatedLiabilitiesNoncurrent
35000000.0 usd
CY2022Q3 us-gaap Deferred Income Tax Liabilities Net
DeferredIncomeTaxLiabilitiesNet
35600000 usd
CY2022Q1 us-gaap Deferred Income Tax Liabilities Net
DeferredIncomeTaxLiabilitiesNet
34500000 usd
CY2022Q3 us-gaap Other Accrued Liabilities Noncurrent
OtherAccruedLiabilitiesNoncurrent
28500000 usd
CY2022Q1 us-gaap Other Accrued Liabilities Noncurrent
OtherAccruedLiabilitiesNoncurrent
19000000.0 usd
CY2022Q3 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
528700000 usd
CY2022Q1 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
533100000 usd
CY2016Q4 us-gaap Stock Repurchase Program Authorized Amount1
StockRepurchaseProgramAuthorizedAmount1
1000000000 usd
CY2016Q4 us-gaap Stock Repurchase Program Authorized Amount1
StockRepurchaseProgramAuthorizedAmount1
3250000000 usd
CY2018Q4 mrvl Stock Repurchase Program Additional Authorized Amount
StockRepurchaseProgramAdditionalAuthorizedAmount
700000000 usd
CY2022Q3 us-gaap Stock Repurchase Program Remaining Authorized Repurchase Amount1
StockRepurchaseProgramRemainingAuthorizedRepurchaseAmount1
499500000 usd
us-gaap Stock Repurchased During Period Shares
StockRepurchasedDuringPeriodShares
1200000 shares
us-gaap Stock Repurchased During Period Value
StockRepurchasedDuringPeriodValue
65000000 usd

Files In Submission

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0001835632-22-000041-index-headers.html Edgar Link pending
0001835632-22-000041-index.html Edgar Link pending
0001835632-22-000041.txt Edgar Link pending
0001835632-22-000041-xbrl.zip Edgar Link pending
Financial_Report.xlsx Edgar Link pending
MetaLinks.json Edgar Link pending
mrvl-20220730.htm Edgar Link pending
mrvl-20220730.xsd Edgar Link pending
mrvl-20220730_g1.jpg Edgar Link pending
mrvl-7302022exhibit311.htm Edgar Link pending
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