2024 Q2 Form 10-Q Financial Statement
#000141344724000038 Filed on April 30, 2024
Income Statement
Concept | 2024 Q2 | 2024 Q1 |
---|---|---|
Revenue | $3.127B | $3.126B |
YoY Change | 0.19% | |
Cost Of Revenue | $1.335B | $1.343B |
YoY Change | -1.18% | |
Gross Profit | $1.792B | $1.783B |
YoY Change | 1.24% | |
Gross Profit Margin | 57.31% | 57.04% |
Selling, General & Admin | $270.0M | $306.0M |
YoY Change | -3.57% | |
% of Gross Profit | 15.07% | 17.16% |
Research & Development | $594.0M | $564.0M |
YoY Change | 2.95% | |
% of Gross Profit | 33.15% | 31.63% |
Depreciation & Amortization | $213.0M | $235.0M |
YoY Change | -24.73% | |
% of Gross Profit | 11.89% | 13.18% |
Operating Expenses | $892.0M | $921.0M |
YoY Change | -5.31% | |
Operating Profit | $896.0M | $856.0M |
YoY Change | 8.61% | |
Interest Expense | $97.00M | $105.0M |
YoY Change | -12.61% | |
% of Operating Profit | 10.83% | 12.27% |
Other Income/Expense, Net | -$75.00M | -$70.00M |
YoY Change | -8.54% | |
Pretax Income | $821.0M | $786.0M |
YoY Change | 10.5% | |
Income Tax | $154.0M | $141.0M |
% Of Pretax Income | 18.76% | 17.94% |
Net Earnings | $658.0M | $639.0M |
YoY Change | 6.99% | |
Net Earnings / Revenue | 21.04% | 20.44% |
Basic Earnings Per Share | $2.58 | $2.49 |
Diluted Earnings Per Share | $2.54 | $2.47 |
COMMON SHARES | ||
Basic Shares Outstanding | 255.7M shares | 256.5M shares |
Diluted Shares Outstanding | 258.7M shares | 259.0M shares |
Balance Sheet
Concept | 2024 Q2 | 2024 Q1 |
---|---|---|
SHORT-TERM ASSETS | ||
Cash & Short-Term Investments | $2.866B | $2.917B |
YoY Change | -27.24% | |
Cash & Equivalents | $2.859B | $2.908B |
Short-Term Investments | $7.000M | $9.000M |
Other Short-Term Assets | $546.0M | $603.0M |
YoY Change | 41.09% | |
Inventory | $2.148B | $2.102B |
Prepaid Expenses | ||
Receivables | $927.0M | $881.0M |
Other Receivables | $0.00 | $0.00 |
Total Short-Term Assets | $6.880B | $6.894B |
YoY Change | -6.48% | |
LONG-TERM ASSETS | ||
Property, Plant & Equipment | $3.289B | $3.304B |
YoY Change | 5.32% | |
Goodwill | $9.941B | $9.945B |
YoY Change | -0.08% | |
Intangibles | ||
YoY Change | ||
Long-Term Investments | $117.0M | $120.0M |
YoY Change | 13.59% | |
Other Assets | $2.290B | $2.338B |
YoY Change | 9.31% | |
Total Long-Term Assets | $16.32B | $16.43B |
YoY Change | -0.36% | |
TOTAL ASSETS | ||
Total Short-Term Assets | $6.880B | $6.894B |
Total Long-Term Assets | $16.32B | $16.43B |
Total Assets | $23.20B | $23.32B |
YoY Change | -2.26% | |
SHORT-TERM LIABILITIES | ||
YoY Change | ||
Accounts Payable | $929.0M | $954.0M |
YoY Change | -7.29% | |
Accrued Expenses | $402.0M | $502.0M |
YoY Change | -18.13% | |
Deferred Revenue | ||
YoY Change | ||
Short-Term Debt | $0.00 | $0.00 |
YoY Change | ||
Long-Term Debt Due | $499.0M | $0.00 |
YoY Change | -50.0% | |
Total Short-Term Liabilities | $3.112B | $2.928B |
YoY Change | -26.13% | |
LONG-TERM LIABILITIES | ||
Long-Term Debt | $9.681B | $10.18B |
YoY Change | -4.8% | |
Other Long-Term Liabilities | $1.003B | $1.009B |
YoY Change | -5.11% | |
Total Long-Term Liabilities | $10.74B | $11.24B |
YoY Change | -4.72% | |
TOTAL LIABILITIES | ||
Total Short-Term Liabilities | $3.112B | $2.928B |
Total Long-Term Liabilities | $10.74B | $11.24B |
Total Liabilities | $13.85B | $14.17B |
YoY Change | -10.55% | |
SHAREHOLDERS EQUITY | ||
Retained Earnings | -$2.036B | -$2.421B |
YoY Change | -44.25% | |
Common Stock | $14.79B | $14.68B |
YoY Change | 3.78% | |
Preferred Stock | ||
YoY Change | ||
Treasury Stock (at cost) | ||
YoY Change | ||
Treasury Stock Shares | ||
Shareholders Equity | $9.018B | $8.829B |
YoY Change | ||
Total Liabilities & Shareholders Equity | $23.20B | $23.32B |
YoY Change | -2.26% |
Cashflow Statement
Concept | 2024 Q2 | 2024 Q1 |
---|---|---|
OPERATING ACTIVITIES | ||
Net Income | $658.0M | $639.0M |
YoY Change | 6.99% | |
Depreciation, Depletion And Amortization | $213.0M | $235.0M |
YoY Change | -24.73% | |
Cash From Operating Activities | $761.0M | $851.0M |
YoY Change | 20.41% | |
INVESTING ACTIVITIES | ||
Capital Expenditures | $240.0M | $226.0M |
YoY Change | -4.38% | |
Acquisitions | ||
YoY Change | ||
Other Investing Activities | $1.000M | -$16.00M |
YoY Change | -101.72% | |
Cash From Investing Activities | -$239.0M | -$274.0M |
YoY Change | -31.91% | |
FINANCING ACTIVITIES | ||
Cash Dividend Paid | ||
YoY Change | ||
Common Stock Issuance & Retirement, Net | ||
YoY Change | ||
Debt Paid & Issued, Net | ||
YoY Change | ||
Cash From Financing Activities | -567.0M | -$1.528B |
YoY Change | 186.36% | |
NET CHANGE | ||
Cash From Operating Activities | 761.0M | $851.0M |
Cash From Investing Activities | -239.0M | -$274.0M |
Cash From Financing Activities | -567.0M | -$1.528B |
Net Change In Cash | -45.00M | -$954.0M |
YoY Change | -152.94% | |
FREE CASH FLOW | ||
Cash From Operating Activities | $761.0M | $851.0M |
Capital Expenditures | $240.0M | $226.0M |
Free Cash Flow | $521.0M | $625.0M |
YoY Change | 36.75% |
Facts In Submission
Frame | Concept Type | Concept / XBRL Key | Value | Unit |
---|---|---|---|---|
CY2024Q1 | us-gaap |
Cost Of Revenue
CostOfRevenue
|
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CY2023Q2 | us-gaap |
Cost Of Revenue
CostOfRevenue
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CY2024Q1 | us-gaap |
Gross Profit
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CY2023Q2 | us-gaap |
Gross Profit
GrossProfit
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CY2024Q1 | us-gaap |
Research And Development Expense
ResearchAndDevelopmentExpense
|
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CY2023Q2 | us-gaap |
Research And Development Expense
ResearchAndDevelopmentExpense
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CY2024Q1 | us-gaap |
Selling General And Administrative Expense
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CY2023Q2 | us-gaap |
Selling General And Administrative Expense
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CY2024Q1 | us-gaap |
Amortization Of Acquisition Costs
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Operating Expenses
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CY2024Q1 | us-gaap |
Operating Income Loss
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Operating Income Loss
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CY2024Q1 | us-gaap |
Gains Losses On Extinguishment Of Debt
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Gains Losses On Extinguishment Of Debt
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Other Financial Income Expense
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Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
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CY2024Q1 | us-gaap |
Income Tax Expense Benefit
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Income Tax Expense Benefit
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Income Loss From Equity Method Investments Net Of Dividends Or Distributions
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Income Loss From Equity Method Investments Net Of Dividends Or Distributions
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Profit Loss
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Profit Loss
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CY2024Q1 | us-gaap |
Net Income Loss Attributable To Noncontrolling Interest
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Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
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Net Income Loss
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Net Income Loss
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Earnings Per Share Basic
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CY2023Q2 | us-gaap |
Earnings Per Share Basic
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CY2024Q1 | us-gaap |
Earnings Per Share Diluted
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CY2023Q2 | us-gaap |
Earnings Per Share Diluted
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Weighted Average Number Of Shares Outstanding Basic
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CY2023Q2 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
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CY2024Q1 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
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Weighted Average Number Of Diluted Shares Outstanding
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Profit Loss
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CY2023Q2 | us-gaap |
Profit Loss
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Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification And Tax
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Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Arising During Period Net Of Tax
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Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Arising During Period Net Of Tax
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Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
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Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
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Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
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Cash And Cash Equivalents At Carrying Value
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Cash And Cash Equivalents At Carrying Value
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CY2023Q4 | us-gaap |
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Finite Lived Intangible Assets Accumulated Amortization
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Finite Lived Intangible Assets Net
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Assets
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Assets
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Long Term Debt And Capital Lease Obligations
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Restructuring Reserve Noncurrent
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CY2024Q1 | us-gaap |
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CY2024Q1 | us-gaap |
Liabilities
Liabilities
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CY2023Q4 | us-gaap |
Liabilities
Liabilities
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Minority Interest
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CY2023Q4 | us-gaap |
Minority Interest
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Common Stock Par Or Stated Value Per Share
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Treasury Stock Common Shares
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Stockholders Equity
StockholdersEquity
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Stockholders Equity
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Profit Loss
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Depreciation And Amortization
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CY2024Q1 | us-gaap |
Share Based Compensation
ShareBasedCompensation
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Share Based Compensation
ShareBasedCompensation
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Amortization Of Debt Discount Premium
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CY2023Q2 | us-gaap |
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1000000 | usd |
CY2024Q1 | us-gaap |
Amortization Of Financing Costs
AmortizationOfFinancingCosts
|
2000000 | usd |
CY2023Q2 | us-gaap |
Amortization Of Financing Costs
AmortizationOfFinancingCosts
|
2000000 | usd |
CY2024Q1 | us-gaap |
Gain Loss On Disposition Of Assets
GainLossOnDispositionOfAssets
|
2000000 | usd |
CY2023Q2 | us-gaap |
Gain Loss On Disposition Of Assets
GainLossOnDispositionOfAssets
|
0 | usd |
CY2024Q1 | us-gaap |
Gain Loss On Sale Of Investments
GainLossOnSaleOfInvestments
|
-2000000 | usd |
CY2023Q2 | us-gaap |
Gain Loss On Sale Of Investments
GainLossOnSaleOfInvestments
|
-1000000 | usd |
CY2024Q1 | nxpi |
Results Related To Equity Method Investments
ResultsRelatedToEquityMethodInvestments
|
-1000000 | usd |
CY2023Q2 | nxpi |
Results Related To Equity Method Investments
ResultsRelatedToEquityMethodInvestments
|
-2000000 | usd |
CY2024Q1 | us-gaap |
Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
|
-64000000 | usd |
CY2023Q2 | us-gaap |
Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
|
-62000000 | usd |
CY2024Q1 | us-gaap |
Increase Decrease In Accounts Receivable And Other Operating Assets
IncreaseDecreaseInAccountsReceivableAndOtherOperatingAssets
|
25000000 | usd |
CY2023Q2 | us-gaap |
Increase Decrease In Accounts Receivable And Other Operating Assets
IncreaseDecreaseInAccountsReceivableAndOtherOperatingAssets
|
138000000 | usd |
CY2024Q1 | us-gaap |
Increase Decrease In Inventories
IncreaseDecreaseInInventories
|
-32000000 | usd |
CY2023Q2 | us-gaap |
Increase Decrease In Inventories
IncreaseDecreaseInInventories
|
196000000 | usd |
CY2024Q1 | us-gaap |
Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
-102000000 | usd |
CY2023Q2 | us-gaap |
Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
52000000 | usd |
CY2024Q1 | us-gaap |
Increase Decrease In Other Noncurrent Assets
IncreaseDecreaseInOtherNoncurrentAssets
|
-6000000 | usd |
CY2023Q2 | us-gaap |
Increase Decrease In Other Noncurrent Assets
IncreaseDecreaseInOtherNoncurrentAssets
|
33000000 | usd |
CY2024Q1 | us-gaap |
Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
|
-3000000 | usd |
CY2023Q2 | us-gaap |
Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
|
-5000000 | usd |
CY2024Q1 | us-gaap |
Other Noncash Income Expense
OtherNoncashIncomeExpense
|
-3000000 | usd |
CY2023Q2 | us-gaap |
Other Noncash Income Expense
OtherNoncashIncomeExpense
|
7000000 | usd |
CY2024Q1 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
851000000 | usd |
CY2023Q2 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
632000000 | usd |
CY2024Q1 | us-gaap |
Payments To Acquire Intangible Assets
PaymentsToAcquireIntangibleAssets
|
32000000 | usd |
CY2023Q2 | us-gaap |
Payments To Acquire Intangible Assets
PaymentsToAcquireIntangibleAssets
|
42000000 | usd |
CY2024Q1 | us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
226000000 | usd |
CY2023Q2 | us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
251000000 | usd |
CY2024Q1 | us-gaap |
Proceeds From Insurance Settlement Investing Activities
ProceedsFromInsuranceSettlementInvestingActivities
|
2000000 | usd |
CY2023Q2 | us-gaap |
Proceeds From Insurance Settlement Investing Activities
ProceedsFromInsuranceSettlementInvestingActivities
|
0 | usd |
CY2024Q1 | us-gaap |
Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
|
2000000 | usd |
CY2023Q2 | us-gaap |
Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
|
0 | usd |
CY2024Q1 | us-gaap |
Proceeds From Sale Of Short Term Investments
ProceedsFromSaleOfShortTermInvestments
|
9000000 | usd |
CY2023Q2 | us-gaap |
Proceeds From Sale Of Short Term Investments
ProceedsFromSaleOfShortTermInvestments
|
0 | usd |
CY2024Q1 | us-gaap |
Payments To Acquire Available For Sale Securities Debt
PaymentsToAcquireAvailableForSaleSecuritiesDebt
|
34000000 | usd |
CY2023Q2 | us-gaap |
Payments To Acquire Available For Sale Securities Debt
PaymentsToAcquireAvailableForSaleSecuritiesDebt
|
58000000 | usd |
CY2024Q1 | us-gaap |
Proceeds From Sale Of Other Investments
ProceedsFromSaleOfOtherInvestments
|
5000000 | usd |
CY2023Q2 | us-gaap |
Proceeds From Sale Of Other Investments
ProceedsFromSaleOfOtherInvestments
|
0 | usd |
CY2024Q1 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-274000000 | usd |
CY2023Q2 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-351000000 | usd |
CY2024Q1 | us-gaap |
Repayments Of Notes Payable
RepaymentsOfNotesPayable
|
1000000000 | usd |
CY2023Q2 | us-gaap |
Repayments Of Notes Payable
RepaymentsOfNotesPayable
|
0 | usd |
CY2024Q1 | us-gaap |
Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
|
261000000 | usd |
CY2023Q2 | us-gaap |
Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
|
219000000 | usd |
CY2024Q1 | us-gaap |
Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
|
37000000 | usd |
CY2023Q2 | us-gaap |
Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
|
33000000 | usd |
CY2024Q1 | us-gaap |
Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
|
303000000 | usd |
CY2023Q2 | us-gaap |
Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
|
11000000 | usd |
CY2024Q1 | us-gaap |
Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
|
-1000000 | usd |
CY2023Q2 | us-gaap |
Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
|
-1000000 | usd |
CY2024Q1 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
-1528000000 | usd |
CY2023Q2 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
-198000000 | usd |
CY2024Q1 | us-gaap |
Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
-3000000 | usd |
CY2023Q2 | us-gaap |
Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
2000000 | usd |
CY2024Q1 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
-954000000 | usd |
CY2023Q2 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
85000000 | usd |
CY2023Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
3862000000 | usd |
CY2022Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
3845000000 | usd |
CY2024Q1 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
2908000000 | usd |
CY2023Q2 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
3930000000 | usd |
CY2024Q1 | us-gaap |
Interest Paid Net
InterestPaidNet
|
38000000 | usd |
CY2023Q2 | us-gaap |
Interest Paid Net
InterestPaidNet
|
54000000 | usd |
CY2024Q1 | us-gaap |
Income Taxes Paid Net
IncomeTaxesPaidNet
|
198000000 | usd |
CY2023Q2 | us-gaap |
Income Taxes Paid Net
IncomeTaxesPaidNet
|
294000000 | usd |
CY2024Q1 | us-gaap |
Proceeds From Sales Of Assets Investing Activities
ProceedsFromSalesOfAssetsInvestingActivities
|
2000000 | usd |
CY2023Q2 | us-gaap |
Proceeds From Sales Of Assets Investing Activities
ProceedsFromSalesOfAssetsInvestingActivities
|
0 | usd |
CY2024Q1 | nxpi |
Written Down Value Of Assets Sold
WrittenDownValueOfAssetsSold
|
0 | usd |
CY2023Q2 | nxpi |
Written Down Value Of Assets Sold
WrittenDownValueOfAssetsSold
|
0 | usd |
CY2024Q1 | us-gaap |
Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
|
223000000 | usd |
CY2023Q2 | us-gaap |
Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
|
176000000 | usd |
CY2023Q4 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
8960000000 | usd |
CY2024Q1 | us-gaap |
Profit Loss
ProfitLoss
|
644000000 | usd |
CY2024Q1 | us-gaap |
Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
|
-46000000 | usd |
CY2024Q1 | us-gaap |
Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
118000000 | usd |
CY2024Q1 | us-gaap |
Stock Issued During Period Value Restricted Stock Award Net Of Forfeitures
StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures
|
37000000 | usd |
CY2024Q1 | us-gaap |
Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
|
303000000 | usd |
CY2024Q1 | us-gaap |
Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
|
1.014 | |
CY2024Q1 | us-gaap |
Dividends Common Stock
DividendsCommonStock
|
260000000 | usd |
CY2024Q1 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
9150000000 | usd |
CY2022Q4 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
7740000000 | usd |
CY2023Q2 | us-gaap |
Profit Loss
ProfitLoss
|
623000000 | usd |
CY2023Q2 | us-gaap |
Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
|
22000000 | usd |
CY2023Q2 | us-gaap |
Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
101000000 | usd |
CY2023Q2 | us-gaap |
Stock Issued During Period Value Restricted Stock Award Net Of Forfeitures
StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures
|
33000000 | usd |
CY2023Q2 | us-gaap |
Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
|
7000000 | usd |
CY2023Q2 | us-gaap |
Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
|
1.014 | |
CY2023Q2 | us-gaap |
Dividends Common Stock
DividendsCommonStock
|
264000000 | usd |
CY2023Q2 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
8248000000 | usd |
CY2024Q1 | us-gaap |
Number Of Businesses Acquired
NumberOfBusinessesAcquired
|
0 | business |
CY2023Q2 | us-gaap |
Number Of Businesses Acquired
NumberOfBusinessesAcquired
|
0 | business |
CY2024Q1 | us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
3126000000 | usd |
CY2023Q2 | us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
3121000000 | usd |
CY2024Q1 | us-gaap |
Depreciation
Depreciation
|
145000000 | usd |
CY2023Q2 | us-gaap |
Depreciation
Depreciation
|
160000000 | usd |
CY2024Q1 | us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
235000000 | usd |
CY2023Q2 | us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
283000000 | usd |
CY2024Q1 | us-gaap |
Interest Income Deposits With Financial Institutions
InterestIncomeDepositsWithFinancialInstitutions
|
50000000 | usd |
CY2023Q2 | us-gaap |
Interest Income Deposits With Financial Institutions
InterestIncomeDepositsWithFinancialInstitutions
|
42000000 | usd |
CY2024Q1 | us-gaap |
Interest Expense
InterestExpense
|
105000000 | usd |
CY2023Q2 | us-gaap |
Interest Expense
InterestExpense
|
111000000 | usd |
CY2024Q1 | nxpi |
Other Financial Income Expense Net
OtherFinancialIncomeExpenseNet
|
-15000000 | usd |
CY2023Q2 | nxpi |
Other Financial Income Expense Net
OtherFinancialIncomeExpenseNet
|
-13000000 | usd |
CY2024Q1 | us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
-70000000 | usd |
CY2023Q2 | us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
-82000000 | usd |
CY2024Q1 | us-gaap |
Profit Loss
ProfitLoss
|
644000000 | usd |
CY2023Q2 | us-gaap |
Profit Loss
ProfitLoss
|
623000000 | usd |
CY2024Q1 | us-gaap |
Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
|
5000000 | usd |
CY2023Q2 | us-gaap |
Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
|
8000000 | usd |
CY2024Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
639000000 | usd |
CY2023Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
615000000 | usd |
CY2024Q1 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
256567000 | shares |
CY2023Q2 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
259576000 | shares |
CY2024Q1 | us-gaap |
Incremental Common Shares Attributable To Call Options And Warrants
IncrementalCommonSharesAttributableToCallOptionsAndWarrants
|
172000 | shares |
CY2023Q2 | us-gaap |
Incremental Common Shares Attributable To Call Options And Warrants
IncrementalCommonSharesAttributableToCallOptionsAndWarrants
|
206000 | shares |
CY2024Q1 | us-gaap |
Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
|
2215000 | shares |
CY2023Q2 | us-gaap |
Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
|
1428000 | shares |
CY2024Q1 | us-gaap |
Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
|
2387000 | shares |
CY2023Q2 | us-gaap |
Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
|
1634000 | shares |
CY2024Q1 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
258954000 | shares |
CY2023Q2 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
261210000 | shares |
CY2024Q1 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
2.49 | |
CY2023Q2 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
2.37 | |
CY2024Q1 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
2.47 | |
CY2023Q2 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
2.35 | |
CY2024Q1 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
2908000000 | usd |
CY2023Q4 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
3862000000 | usd |
CY2024Q1 | us-gaap |
Inventory Raw Materials Net Of Reserves
InventoryRawMaterialsNetOfReserves
|
104000000 | usd |
CY2023Q4 | us-gaap |
Inventory Raw Materials Net Of Reserves
InventoryRawMaterialsNetOfReserves
|
113000000 | usd |
CY2024Q1 | us-gaap |
Inventory Work In Process Net Of Reserves
InventoryWorkInProcessNetOfReserves
|
1580000000 | usd |
CY2023Q4 | us-gaap |
Inventory Work In Process Net Of Reserves
InventoryWorkInProcessNetOfReserves
|
1633000000 | usd |
CY2024Q1 | us-gaap |
Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
|
418000000 | usd |
CY2023Q4 | us-gaap |
Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
|
388000000 | usd |
CY2024Q1 | us-gaap |
Inventory Net
InventoryNet
|
2102000000 | usd |
CY2023Q4 | us-gaap |
Inventory Net
InventoryNet
|
2134000000 | usd |
CY2024Q1 | us-gaap |
Inventory Valuation Reserves
InventoryValuationReserves
|
198000000 | usd |
CY2023Q4 | us-gaap |
Inventory Valuation Reserves
InventoryValuationReserves
|
189000000 | usd |
CY2024Q1 | us-gaap |
Marketable Securities
MarketableSecurities
|
9000000 | usd |
CY2023Q4 | us-gaap |
Marketable Securities
MarketableSecurities
|
12000000 | usd |
CY2024Q1 | us-gaap |
Other Investments
OtherInvestments
|
66000000 | usd |
CY2023Q4 | us-gaap |
Other Investments
OtherInvestments
|
55000000 | usd |
CY2024Q1 | us-gaap |
Equity Method Investments
EquityMethodInvestments
|
120000000 | usd |
CY2023Q4 | us-gaap |
Equity Method Investments
EquityMethodInvestments
|
101000000 | usd |
CY2024Q1 | us-gaap |
Investments
Investments
|
195000000 | usd |
CY2023Q4 | us-gaap |
Investments
Investments
|
168000000 | usd |
CY2024Q1 | us-gaap |
Equity Method Investments
EquityMethodInvestments
|
120000000 | usd |
CY2023Q4 | us-gaap |
Equity Method Investments
EquityMethodInvestments
|
101000000 | usd |
CY2024Q1 | nxpi |
Income Loss From Equity Method Investments Before Extraordinary Items
IncomeLossFromEquityMethodInvestmentsBeforeExtraordinaryItems
|
-2000000 | usd |
CY2023Q2 | nxpi |
Income Loss From Equity Method Investments Before Extraordinary Items
IncomeLossFromEquityMethodInvestmentsBeforeExtraordinaryItems
|
-2000000 | usd |
CY2024Q1 | nxpi |
Extraordinary Income Loss From Equity Method Investments
ExtraordinaryIncomeLossFromEquityMethodInvestments
|
1000000 | usd |
CY2023Q2 | nxpi |
Extraordinary Income Loss From Equity Method Investments
ExtraordinaryIncomeLossFromEquityMethodInvestments
|
0 | usd |
CY2024Q1 | us-gaap |
Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
|
-1000000 | usd |
CY2023Q2 | us-gaap |
Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
|
-2000000 | usd |
CY2024Q1 | us-gaap |
Accrued Employee Benefits Current
AccruedEmployeeBenefitsCurrent
|
502000000 | usd |
CY2023Q4 | us-gaap |
Accrued Employee Benefits Current
AccruedEmployeeBenefitsCurrent
|
500000000 | usd |
CY2024Q1 | us-gaap |
Customer Funds
CustomerFunds
|
339000000 | usd |
CY2023Q4 | us-gaap |
Customer Funds
CustomerFunds
|
280000000 | usd |
CY2024Q1 | us-gaap |
Taxes Payable Current
TaxesPayableCurrent
|
168000000 | usd |
CY2023Q4 | us-gaap |
Taxes Payable Current
TaxesPayableCurrent
|
170000000 | usd |
CY2024Q1 | us-gaap |
Dividends Payable Current And Noncurrent
DividendsPayableCurrentAndNoncurrent
|
260000000 | usd |
CY2023Q4 | us-gaap |
Dividends Payable Current And Noncurrent
DividendsPayableCurrentAndNoncurrent
|
261000000 | usd |
CY2024Q1 | us-gaap |
Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
|
637000000 | usd |
CY2023Q4 | us-gaap |
Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
|
644000000 | usd |
CY2024Q1 | us-gaap |
Other Liabilities Current
OtherLiabilitiesCurrent
|
1906000000 | usd |
CY2023Q4 | us-gaap |
Other Liabilities Current
OtherLiabilitiesCurrent
|
1855000000 | usd |
CY2024Q1 | us-gaap |
Other Comprehensive Income Loss Before Reclassifications Before Tax
OtherComprehensiveIncomeLossBeforeReclassificationsBeforeTax
|
-53000000 | usd |
CY2024Q1 | us-gaap |
Reclassification From Accumulated Other Comprehensive Income Current Period Before Tax
ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodBeforeTax
|
-4000000 | usd |
CY2024Q1 | us-gaap |
Other Comprehensive Income Loss Tax
OtherComprehensiveIncomeLossTax
|
-3000000 | usd |
CY2024Q1 | us-gaap |
Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
|
-46000000 | usd |
CY2024Q1 | us-gaap |
Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
|
1.014 | |
CY2024Q1 | us-gaap |
Dividends Payable Current And Noncurrent
DividendsPayableCurrentAndNoncurrent
|
260000000 | usd |
CY2023Q2 | us-gaap |
Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
|
1.014 | |
CY2023Q2 | us-gaap |
Dividends Payable Current And Noncurrent
DividendsPayableCurrentAndNoncurrent
|
263000000 | usd |
CY2023Q4 | us-gaap |
Restructuring Reserve
RestructuringReserve
|
101000000 | usd |
CY2024Q1 | us-gaap |
Restructuring Charges
RestructuringCharges
|
8000000 | usd |
CY2024Q1 | us-gaap |
Payments For Restructuring
PaymentsForRestructuring
|
31000000 | usd |
CY2024Q1 | us-gaap |
Restructuring Reserve Accrual Adjustment1
RestructuringReserveAccrualAdjustment1
|
0 | usd |
CY2024Q1 | us-gaap |
Restructuring Reserve Translation And Other Adjustment
RestructuringReserveTranslationAndOtherAdjustment
|
-1000000 | usd |
CY2024Q1 | us-gaap |
Restructuring Reserve
RestructuringReserve
|
77000000 | usd |
CY2024Q1 | us-gaap |
Restructuring Reserve
RestructuringReserve
|
77000000 | usd |
CY2024Q1 | us-gaap |
Restructuring Reserve Current
RestructuringReserveCurrent
|
68000000 | usd |
CY2024Q1 | us-gaap |
Restructuring Reserve Noncurrent
RestructuringReserveNoncurrent
|
9000000 | usd |
CY2023Q2 | us-gaap |
Restructuring Charges
RestructuringCharges
|
21000000 | usd |
CY2023Q2 | us-gaap |
Restructuring Reserve Accrual Adjustment1
RestructuringReserveAccrualAdjustment1
|
3000000 | usd |
CY2024Q1 | nxpi |
Restructuring Charges Less Restructuring Reserve Accrual Adjustment
RestructuringChargesLessRestructuringReserveAccrualAdjustment
|
7000000 | usd |
CY2023Q2 | nxpi |
Restructuring Charges Less Restructuring Reserve Accrual Adjustment
RestructuringChargesLessRestructuringReserveAccrualAdjustment
|
18000000 | usd |
CY2024Q1 | nxpi |
Estimated Effective Income Tax Rate
EstimatedEffectiveIncomeTaxRate
|
0.175 | |
CY2024Q1 | us-gaap |
Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
|
0.258 | |
CY2024Q1 | nxpi |
Income Tax Reconciliation Income Tax Expense Beneft At Estimated Annual Effective Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBeneftAtEstimatedAnnualEffectiveIncomeTaxRate
|
-139000000 | usd |
CY2023Q2 | nxpi |
Income Tax Reconciliation Income Tax Expense Beneft At Estimated Annual Effective Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBeneftAtEstimatedAnnualEffectiveIncomeTaxRate
|
-126000000 | usd |
CY2024Q1 | nxpi |
Income Tax Reconciliation Discrete Tax Items
IncomeTaxReconciliationDiscreteTaxItems
|
-2000000 | usd |
CY2023Q2 | nxpi |
Income Tax Reconciliation Discrete Tax Items
IncomeTaxReconciliationDiscreteTaxItems
|
8000000 | usd |
CY2024Q1 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
141000000 | usd |
CY2023Q2 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
118000000 | usd |
CY2024Q1 | us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
0.179 | |
CY2023Q2 | us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
0.159 | |
CY2024Q1 | us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
0.179 | |
CY2024Q1 | nxpi |
Income Tax Reconciliation Discrete Tax Items
IncomeTaxReconciliationDiscreteTaxItems
|
-2000000 | usd |
CY2023Q2 | us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
0.159 | |
CY2024Q1 | us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
0.179 | |
CY2024Q1 | us-gaap |
Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
|
2165000000 | usd |
CY2024Q1 | us-gaap |
Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
|
1326000000 | usd |
CY2023Q4 | us-gaap |
Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
|
2264000000 | usd |
CY2023Q4 | us-gaap |
Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
|
1342000000 | usd |
CY2024Q1 | us-gaap |
Acquired Finite Lived Intangible Assets Weighted Average Useful Life
AcquiredFiniteLivedIntangibleAssetsWeightedAverageUsefulLife
|
P4Y | |
us-gaap |
Acquired Finite Lived Intangible Assets Weighted Average Useful Life
AcquiredFiniteLivedIntangibleAssetsWeightedAverageUsefulLife
|
P4Y | ||
CY2024Q1 | us-gaap |
Debt Instrument Face Amount
DebtInstrumentFaceAmount
|
10250000000 | usd |
CY2023Q4 | us-gaap |
Debt Instrument Face Amount
DebtInstrumentFaceAmount
|
11250000000 | usd |
CY2024Q1 | us-gaap |
Debt Instrument Unamortized Discount Premium And Debt Issuance Costs Net
DebtInstrumentUnamortizedDiscountPremiumAndDebtIssuanceCostsNet
|
72000000 | usd |
CY2023Q4 | us-gaap |
Debt Instrument Unamortized Discount Premium And Debt Issuance Costs Net
DebtInstrumentUnamortizedDiscountPremiumAndDebtIssuanceCostsNet
|
75000000 | usd |
CY2024Q1 | us-gaap |
Debt And Capital Lease Obligations
DebtAndCapitalLeaseObligations
|
10178000000 | usd |
CY2023Q4 | us-gaap |
Debt And Capital Lease Obligations
DebtAndCapitalLeaseObligations
|
11175000000 | usd |
CY2024Q1 | us-gaap |
Long Term Debt And Capital Lease Obligations Current
LongTermDebtAndCapitalLeaseObligationsCurrent
|
0 | usd |
CY2023Q4 | us-gaap |
Long Term Debt And Capital Lease Obligations Current
LongTermDebtAndCapitalLeaseObligationsCurrent
|
1000000000 | usd |
CY2024Q1 | us-gaap |
Long Term Debt And Capital Lease Obligations
LongTermDebtAndCapitalLeaseObligations
|
10178000000 | usd |
CY2023Q4 | us-gaap |
Long Term Debt And Capital Lease Obligations
LongTermDebtAndCapitalLeaseObligations
|
10175000000 | usd |
CY2024Q1 | us-gaap |
Purchase Obligation
PurchaseObligation
|
4118000000 | usd |
CY2024Q1 | nxpi |
Number Of Birth Defect Individuals
NumberOfBirthDefectIndividuals
|
21 | individual |
CY2024Q1 | us-gaap |
Liabilities Subject To Compromise Provision For Expected And Allowed Claims
LiabilitiesSubjectToCompromiseProvisionForExpectedAndAllowedClaims
|
95000000 | usd |
CY2023Q4 | us-gaap |
Liabilities Subject To Compromise Provision For Expected And Allowed Claims
LiabilitiesSubjectToCompromiseProvisionForExpectedAndAllowedClaims
|
112000000 | usd |
CY2024Q1 | us-gaap |
Estimated Insurance Recoveries
EstimatedInsuranceRecoveries
|
67000000 | usd |
CY2023Q4 | us-gaap |
Estimated Insurance Recoveries
EstimatedInsuranceRecoveries
|
67000000 | usd |
CY2024Q1 | nxpi |
Insurance Reimbursement Of Claims Potential Maximum Exposure
InsuranceReimbursementOfClaimsPotentialMaximumExposure
|
70000000 | usd |