2014 Q3 Form 10-Q Financial Statement

#000123445214000238 Filed on July 23, 2014

View on sec.gov

Income Statement

Concept 2014 Q3 2014 Q2 2013 Q2
Revenue $6.692B $6.806B $6.243B
YoY Change 3.27% 9.02% 34.95%
Cost Of Revenue $2.692B $2.740B $2.497B
YoY Change -0.81% 9.73% 45.26%
Gross Profit $4.000B $4.066B $3.746B
YoY Change 6.19% 8.54% 28.86%
Gross Profit Margin 59.77% 59.74% 60.0%
Selling, General & Admin $539.0M $582.0M $613.0M
YoY Change -17.96% -5.06% 12.68%
% of Gross Profit 13.48% 14.31% 16.36%
Research & Development $1.360B $1.429B $1.298B
YoY Change 0.82% 10.09% 33.26%
% of Gross Profit 34.0% 35.15% 34.65%
Depreciation & Amortization $297.0M $292.0M $255.0M
YoY Change 8.79% 14.51% 15.38%
% of Gross Profit 7.43% 7.18% 6.81%
Operating Expenses $1.933B $2.011B $1.911B
YoY Change -3.64% 5.23% 25.89%
Operating Profit $1.992B $2.075B $1.677B
YoY Change 25.44% 23.73% 21.35%
Interest Expense $263.0M $0.00 $7.000M
YoY Change -5.73% -100.0% -61.11%
% of Operating Profit 13.2% 0.0% 0.42%
Other Income/Expense, Net
YoY Change
Pretax Income $2.252B $2.497B $1.910B
YoY Change 23.6% 30.73% 20.81%
Income Tax $358.0M $260.0M $332.0M
% Of Pretax Income 15.9% 10.41% 17.38%
Net Earnings $1.894B $2.238B $1.580B
YoY Change 26.18% 41.65% 30.9%
Net Earnings / Revenue 28.3% 32.88% 25.31%
Basic Earnings Per Share $1.13 $1.33 $0.91
Diluted Earnings Per Share $1.11 $1.31 $0.90
COMMON SHARES
Basic Shares Outstanding 1.676B shares 1.683B shares 1.727B shares
Diluted Shares Outstanding 1.714B shares 1.765B shares

Balance Sheet

Concept 2014 Q3 2014 Q2 2013 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $17.57B $18.15B $11.46B
YoY Change 17.37% 58.39% -14.44%
Cash & Equivalents $7.907B $7.944B $2.533B
Short-Term Investments $9.658B $10.21B $8.928B
Other Short-Term Assets $401.0M $535.0M $506.0M
YoY Change -29.9% 5.73% 26.5%
Inventory $1.458B $1.185B $1.727B
Prepaid Expenses
Receivables $2.362B $2.084B $1.949B
Other Receivables $50.00M $0.00 $94.00M
Total Short-Term Assets $22.41B $22.41B $15.97B
YoY Change 14.62% 40.3% -2.47%
LONG-TERM ASSETS
Property, Plant & Equipment $2.487B $2.555B $2.974B
YoY Change -16.96% -14.09% 2.98%
Goodwill $4.488B $4.183B $3.995B
YoY Change 12.88% 4.71% 3.96%
Intangibles $2.580B $2.608B $2.690B
YoY Change 1.06% -3.05% -30.04%
Long-Term Investments $14.46B $14.56B $18.94B
YoY Change 0.12% -23.11% 44.02%
Other Assets $975.0M $843.0M $791.0M
YoY Change 3.94% 6.57% 19.31%
Total Long-Term Assets $26.16B $25.95B $30.84B
YoY Change 0.77% -15.86% 18.29%
TOTAL ASSETS
Total Short-Term Assets $22.41B $22.41B $15.97B
Total Long-Term Assets $26.16B $25.95B $30.84B
Total Assets $48.57B $48.36B $46.81B
YoY Change 6.72% 3.3% 10.28%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $2.183B $1.900B $1.850B
YoY Change 40.48% 2.7% 65.77%
Accrued Expenses $802.0M $740.0M $713.0M
YoY Change -4.41% 3.79% 17.27%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change -100.0%
Long-Term Debt Due $1.000M $1.000M
YoY Change 0.0% -99.41%
Total Short-Term Liabilities $6.013B $6.021B $5.028B
YoY Change 15.35% 19.75% -8.85%
LONG-TERM LIABILITIES
Long-Term Debt $0.00 $11.00M $20.00M
YoY Change -100.0% -45.0%
Other Long-Term Liabilities $428.0M $379.0M $519.0M
YoY Change -22.18% -26.97% 0.78%
Total Long-Term Liabilities $428.0M $379.0M $519.0M
YoY Change -22.18% -26.97% 0.78%
TOTAL LIABILITIES
Total Short-Term Liabilities $6.013B $6.021B $5.028B
Total Long-Term Liabilities $428.0M $379.0M $519.0M
Total Liabilities $9.408B $9.568B $9.226B
YoY Change -0.22% 3.71% -6.24%
SHAREHOLDERS EQUITY
Retained Earnings $30.80B $29.62B $24.56B
YoY Change 20.97% 20.57% 23.64%
Common Stock $0.00
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $39.17B $38.79B $37.58B
YoY Change
Total Liabilities & Shareholders Equity $48.57B $48.36B $46.81B
YoY Change 6.72% 3.3% 10.28%

Cashflow Statement

Concept 2014 Q3 2014 Q2 2013 Q2
OPERATING ACTIVITIES
Net Income $1.894B $2.238B $1.580B
YoY Change 26.18% 41.65% 30.9%
Depreciation, Depletion And Amortization $297.0M $292.0M $255.0M
YoY Change 8.79% 14.51% 15.38%
Cash From Operating Activities $1.619B $2.673B $2.031B
YoY Change -35.5% 31.61% 120.28%
INVESTING ACTIVITIES
Capital Expenditures -$230.0M -$158.0M -$314.0M
YoY Change -4.17% -49.68% -21.3%
Acquisitions
YoY Change
Other Investing Activities $143.0M $1.064B -$2.002B
YoY Change -96.92% -153.15% -31.04%
Cash From Investing Activities -$87.00M $906.0M -$2.316B
YoY Change -101.97% -139.12% -29.86%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -1.563B -1.976B -1.272B
YoY Change -52.81% 55.35% 580.21%
NET CHANGE
Cash From Operating Activities 1.619B 2.673B 2.031B
Cash From Investing Activities -87.00M 906.0M -2.316B
Cash From Financing Activities -1.563B -1.976B -1.272B
Net Change In Cash -31.00M 1.603B -1.557B
YoY Change -100.86% -202.95% -39.35%
FREE CASH FLOW
Cash From Operating Activities $1.619B $2.673B $2.031B
Capital Expenditures -$230.0M -$158.0M -$314.0M
Free Cash Flow $1.849B $2.831B $2.345B
YoY Change -32.76% 20.72% 77.52%

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CostOfRevenue
7106000000 USD
us-gaap Costs And Expenses
CostsAndExpenses
14237000000 USD
CY2013Q2 us-gaap Costs And Expenses
CostsAndExpenses
4566000000 USD
CY2013Q2 us-gaap Derivative Gain Loss On Derivative Net
DerivativeGainLossOnDerivativeNet
5000000 USD
us-gaap Derivative Gain Loss On Derivative Net
DerivativeGainLossOnDerivativeNet
-1000000 USD
CY2014Q2 us-gaap Derivative Gain Loss On Derivative Net
DerivativeGainLossOnDerivativeNet
-6000000 USD
us-gaap Description Of Lessee Leasing Arrangements Capital Leases
DescriptionOfLesseeLeasingArrangementsCapitalLeases
The Company leases certain property under capital lease agreements primarily related to site leases that have an initial term of five years with renewal options of up to five additional renewal periods. Capital lease obligations are included in other liabilities
CY2014Q2 us-gaap Costs And Expenses
CostsAndExpenses
4731000000 USD
us-gaap Costs And Expenses
CostsAndExpenses
12743000000 USD
CY2013Q2 us-gaap Deconsolidation Gain Or Loss Amount
DeconsolidationGainOrLossAmount
21000000 USD
us-gaap Deconsolidation Gain Or Loss Amount
DeconsolidationGainOrLossAmount
21000000 USD
us-gaap Deconsolidation Gain Or Loss Amount
DeconsolidationGainOrLossAmount
5000000 USD
CY2014Q2 us-gaap Deconsolidation Gain Or Loss Amount
DeconsolidationGainOrLossAmount
4000000 USD
CY2013Q3 us-gaap Deferred Revenue Current
DeferredRevenueCurrent
501000000 USD
CY2014Q2 us-gaap Deferred Revenue Current
DeferredRevenueCurrent
705000000 USD
CY2014Q2 us-gaap Deferred Revenue Noncurrent
DeferredRevenueNoncurrent
3168000000 USD
CY2013Q3 us-gaap Deferred Revenue Noncurrent
DeferredRevenueNoncurrent
3666000000 USD
CY2013Q3 us-gaap Deferred Tax Assets Net Current
DeferredTaxAssetsNetCurrent
573000000 USD
CY2014Q2 us-gaap Deferred Tax Assets Net Current
DeferredTaxAssetsNetCurrent
451000000 USD
CY2013Q3 us-gaap Deferred Tax Assets Net Noncurrent
DeferredTaxAssetsNetNoncurrent
1059000000 USD
CY2014Q2 us-gaap Deferred Tax Assets Net Noncurrent
DeferredTaxAssetsNetNoncurrent
1195000000 USD
us-gaap Depreciation And Amortization
DepreciationAndAmortization
853000000 USD
us-gaap Depreciation And Amortization
DepreciationAndAmortization
744000000 USD
us-gaap Derivative Gain Loss On Derivative Net
DerivativeGainLossOnDerivativeNet
17000000 USD
us-gaap Description Of Lessee Leasing Arrangements Operating Leases
DescriptionOfLesseeLeasingArrangementsOperatingLeases
The Company leases certain of its land, facilities and equipment under noncancelable operating leases, with terms ranging from less than one year to 25 years and with provisions in certain leases for cost-of-living increases
us-gaap Discontinued Operation Gain Loss From Disposal Of Discontinued Operation Before Income Tax
DiscontinuedOperationGainLossFromDisposalOfDiscontinuedOperationBeforeIncomeTax
665000000 USD
us-gaap Discontinued Operation Gain Loss From Disposal Of Discontinued Operation Before Income Tax
DiscontinuedOperationGainLossFromDisposalOfDiscontinuedOperationBeforeIncomeTax
0 USD
us-gaap Discontinued Operation Gain Loss On Disposal Of Discontinued Operation Net Of Tax
DiscontinuedOperationGainLossOnDisposalOfDiscontinuedOperationNetOfTax
430000000 USD
CY2014Q1 us-gaap Dividends
Dividends
599000000 USD
CY2013Q4 us-gaap Dividends
Dividends
599000000 USD
us-gaap Dividends
Dividends
1916000000 USD
CY2014Q2 us-gaap Dividends
Dividends
718000000 USD
us-gaap Dividends
Dividends
1489000000 USD
CY2012Q4 us-gaap Dividends
Dividends
435000000 USD
CY2013Q1 us-gaap Dividends
Dividends
439000000 USD
CY2013Q2 us-gaap Dividends
Dividends
615000000 USD
us-gaap Effective Income Tax Rate Reconciliation Foreign Income Tax Rate Differential
EffectiveIncomeTaxRateReconciliationForeignIncomeTaxRateDifferential
0.20
CY2013 us-gaap Effective Income Tax Rate Reconciliation Foreign Income Tax Rate Differential
EffectiveIncomeTaxRateReconciliationForeignIncomeTaxRateDifferential
0.17
CY2013Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.91
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
3.60
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
3.11
CY2014Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.33
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
3.04
CY2014Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.31
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
3.53
CY2013Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.90
us-gaap Effect Of Exchange Rate On Cash And Cash Equivalents
EffectOfExchangeRateOnCashAndCashEquivalents
-7000000 USD
us-gaap Effect Of Exchange Rate On Cash And Cash Equivalents
EffectOfExchangeRateOnCashAndCashEquivalents
3000000 USD
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.14
CY2013 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.16
CY2013Q3 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
839000000 USD
CY2014Q2 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
740000000 USD
us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
169000000 USD
CY2013Q2 us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
58000000 USD
us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
151000000 USD
CY2014Q2 us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
42000000 USD
us-gaap Excess Tax Benefit From Share Based Compensation Financing Activities
ExcessTaxBenefitFromShareBasedCompensationFinancingActivities
239000000 USD
us-gaap Excess Tax Benefit From Share Based Compensation Financing Activities
ExcessTaxBenefitFromShareBasedCompensationFinancingActivities
178000000 USD
us-gaap Excess Tax Benefit From Share Based Compensation Operating Activities
ExcessTaxBenefitFromShareBasedCompensationOperatingActivities
178000000 USD
us-gaap Excess Tax Benefit From Share Based Compensation Operating Activities
ExcessTaxBenefitFromShareBasedCompensationOperatingActivities
239000000 USD
us-gaap Factors Used To Identify Entitys Reportable Segments
FactorsUsedToIdentifyEntitysReportableSegments
The Company is organized on the basis of products and services. The Company aggregates two of its divisions into the QSI segment
us-gaap Fiscal Period
FiscalPeriod
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-top:8px;text-align:left;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Company operates and reports using a 52-53 week fiscal year ending on the last Sunday in September. Each of the three-month and nine-month periods ended </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">June&#160;29, 2014</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">June&#160;30, 2013</font><font style="font-family:inherit;font-size:10pt;"> included </font><font style="font-family:inherit;font-size:10pt;">13 weeks</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">39 weeks</font><font style="font-family:inherit;font-size:10pt;"></font></div></div>
CY2013Q3 us-gaap Furniture And Fixtures Gross
FurnitureAndFixturesGross
87000000 USD
CY2014Q2 us-gaap Furniture And Fixtures Gross
FurnitureAndFixturesGross
88000000 USD
us-gaap Gain Loss On Investments Excluding Other Than Temporary Impairments
GainLossOnInvestmentsExcludingOtherThanTemporaryImpairments
239000000 USD
us-gaap Gain Loss On Investments Excluding Other Than Temporary Impairments
GainLossOnInvestmentsExcludingOtherThanTemporaryImpairments
685000000 USD
us-gaap Gain Loss On Sale Of Other Investments
GainLossOnSaleOfOtherInvestments
25000000 USD
CY2014Q2 us-gaap Gain Loss On Sale Of Other Investments
GainLossOnSaleOfOtherInvestments
8000000 USD
CY2013Q2 us-gaap Gain Loss On Sale Of Other Investments
GainLossOnSaleOfOtherInvestments
39000000 USD
us-gaap Gain Loss On Sale Of Other Investments
GainLossOnSaleOfOtherInvestments
50000000 USD
CY2013Q3 us-gaap Goodwill
Goodwill
3976000000 USD
CY2014Q2 us-gaap Goodwill
Goodwill
4183000000 USD
CY2013Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
1910000000 USD
CY2014Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
2497000000 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
6526000000 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
6372000000 USD
us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
5640000000 USD
CY2013Q2 us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
1578000000 USD
us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
5344000000 USD
CY2014Q2 us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
2237000000 USD
CY2013Q2 us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
0.91
us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
3.11
us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
3.35
CY2014Q2 us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
1.33
CY2014Q2 us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
1.31
us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
3.04
us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
3.28
CY2013Q2 us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
0.90
us-gaap Income Loss From Discontinued Operations Net Of Tax
IncomeLossFromDiscontinuedOperationsNetOfTax
0 USD
us-gaap Income Loss From Discontinued Operations Net Of Tax
IncomeLossFromDiscontinuedOperationsNetOfTax
430000000 USD
CY2013Q2 us-gaap Income Loss From Discontinued Operations Net Of Tax
IncomeLossFromDiscontinuedOperationsNetOfTax
0 USD
CY2014Q2 us-gaap Income Loss From Discontinued Operations Net Of Tax
IncomeLossFromDiscontinuedOperationsNetOfTax
0 USD
us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare
0.25
us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare
0.00
CY2014Q2 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare
0.00
CY2013Q2 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare
0.00
CY2014Q2 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare
0.00
us-gaap Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare
0.00
CY2013Q2 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare
0.00
us-gaap Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare
0.25
CY2013Q2 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
-1000000 USD
us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
-5000000 USD
CY2014Q2 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
-2000000 USD
us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
-7000000 USD
CY2013Q3 us-gaap Inventory Net
InventoryNet
1302000000 USD
us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
111000000 USD
us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
-136000000 USD
us-gaap Increase Decrease In Receivables
IncreaseDecreaseInReceivables
445000000 USD
us-gaap Increase Decrease In Receivables
IncreaseDecreaseInReceivables
-43000000 USD
us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
40132000 shares
CY2014Q2 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
30642000 shares
CY2013Q2 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
37927000 shares
us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
31985000 shares
CY2014Q2 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
2608000000 USD
CY2013Q3 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
2553000000 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
886000000 USD
CY2014Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
260000000 USD
CY2013Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
332000000 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
1028000000 USD
us-gaap Increase Decrease In Accounts Payable Trade
IncreaseDecreaseInAccountsPayableTrade
321000000 USD
us-gaap Increase Decrease In Accounts Payable Trade
IncreaseDecreaseInAccountsPayableTrade
598000000 USD
us-gaap Increase Decrease In Deferred Revenue
IncreaseDecreaseInDeferredRevenue
-30000000 USD
us-gaap Increase Decrease In Deferred Revenue
IncreaseDecreaseInDeferredRevenue
-202000000 USD
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
699000000 USD
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
-116000000 USD
CY2013Q2 us-gaap Interest Expense
InterestExpense
7000000 USD
us-gaap Interest Expense
InterestExpense
22000000 USD
us-gaap Interest Expense
InterestExpense
4000000 USD
CY2014Q2 us-gaap Interest Expense
InterestExpense
0 USD
CY2013Q3 us-gaap Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
669000000 USD
CY2014Q2 us-gaap Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
703000000 USD
CY2014Q2 us-gaap Inventory Net
InventoryNet
1185000000 USD
CY2013Q3 us-gaap Inventory Raw Materials Net Of Reserves
InventoryRawMaterialsNetOfReserves
2000000 USD
CY2014Q2 us-gaap Inventory Raw Materials Net Of Reserves
InventoryRawMaterialsNetOfReserves
2000000 USD
CY2013Q3 us-gaap Inventory Work In Process Net Of Reserves
InventoryWorkInProcessNetOfReserves
631000000 USD
us-gaap Loss Contingency Managements Assessment And Process
LossContingencyManagementsAssessmentAndProcess
As previously disclosed, the Company discovered, and as a part of its cooperation with these investigations informed the SEC and the DOJ of, instances in which special hiring consideration, gifts or other benefits (collectively, benefits) were provided to several individuals associated with Chinese state-owned companies or agencies. Based on the facts currently known, the Company believes the aggregate monetary value of the benefits in question to be less than $250,000, excluding employment compensation.
CY2014Q2 us-gaap Machinery And Equipment Gross
MachineryAndEquipmentGross
2200000000 USD
CY2013Q3 us-gaap Machinery And Equipment Gross
MachineryAndEquipmentGross
2013000000 USD
CY2013Q3 us-gaap Marketable Securities Current
MarketableSecuritiesCurrent
8824000000 USD
CY2014Q2 us-gaap Marketable Securities Current
MarketableSecuritiesCurrent
10209000000 USD
CY2013Q3 us-gaap Land
Land
212000000 USD
CY2014Q2 us-gaap Land
Land
220000000 USD
CY2013Q3 us-gaap Leasehold Improvements Gross
LeaseholdImprovementsGross
218000000 USD
CY2014Q2 us-gaap Leasehold Improvements Gross
LeaseholdImprovementsGross
245000000 USD
CY2013Q3 us-gaap Liabilities
Liabilities
9429000000 USD
CY2014Q2 us-gaap Liabilities
Liabilities
9568000000 USD
CY2014Q2 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
48355000000 USD
CY2013Q3 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
45516000000 USD
CY2013Q3 us-gaap Liabilities Current
LiabilitiesCurrent
5213000000 USD
CY2014Q2 us-gaap Liabilities Current
LiabilitiesCurrent
6021000000 USD
CY2013Q3 us-gaap Liabilities Of Assets Held For Sale
LiabilitiesOfAssetsHeldForSale
43000000 USD
CY2014Q2 us-gaap Licenses Revenue
LicensesRevenue
1884000000 USD
us-gaap Licenses Revenue
LicensesRevenue
5992000000 USD
us-gaap Licenses Revenue
LicensesRevenue
5911000000 USD
CY2013Q2 us-gaap Licenses Revenue
LicensesRevenue
1957000000 USD
CY2013 us-gaap Loss Contingency Damages Awarded Value
LossContingencyDamagesAwardedValue
173000000 USD
CY2014Q2 us-gaap Inventory Work In Process Net Of Reserves
InventoryWorkInProcessNetOfReserves
480000000 USD
us-gaap Investment Income Interest And Dividend
InvestmentIncomeInterestAndDividend
529000000 USD
us-gaap Investment Income Interest And Dividend
InvestmentIncomeInterestAndDividend
460000000 USD
CY2014Q2 us-gaap Investment Income Interest And Dividend
InvestmentIncomeInterestAndDividend
139000000 USD
CY2013Q2 us-gaap Investment Income Interest And Dividend
InvestmentIncomeInterestAndDividend
182000000 USD
CY2014Q2 us-gaap Investment Income Nonoperating
InvestmentIncomeNonoperating
422000000 USD
us-gaap Investment Income Nonoperating
InvestmentIncomeNonoperating
968000000 USD
CY2013Q2 us-gaap Investment Income Nonoperating
InvestmentIncomeNonoperating
233000000 USD
us-gaap Investment Income Nonoperating
InvestmentIncomeNonoperating
730000000 USD
CY2013Q3 us-gaap Marketable Securities Noncurrent
MarketableSecuritiesNoncurrent
14440000000 USD
CY2014Q2 us-gaap Marketable Securities Noncurrent
MarketableSecuritiesNoncurrent
14563000000 USD
us-gaap Marketable Securities Realized Gain Loss Excluding Other Than Temporary Impairments
MarketableSecuritiesRealizedGainLossExcludingOtherThanTemporaryImpairments
189000000 USD
us-gaap Marketable Securities Realized Gain Loss Excluding Other Than Temporary Impairments
MarketableSecuritiesRealizedGainLossExcludingOtherThanTemporaryImpairments
660000000 USD
CY2013Q2 us-gaap Marketable Securities Realized Gain Loss Excluding Other Than Temporary Impairments
MarketableSecuritiesRealizedGainLossExcludingOtherThanTemporaryImpairments
21000000 USD
CY2014Q2 us-gaap Marketable Securities Realized Gain Loss Excluding Other Than Temporary Impairments
MarketableSecuritiesRealizedGainLossExcludingOtherThanTemporaryImpairments
290000000 USD
CY2014Q2 us-gaap Marketable Securities Realized Gain Loss Other Than Temporary Impairments Amount
MarketableSecuritiesRealizedGainLossOtherThanTemporaryImpairmentsAmount
8000000 USD
us-gaap Marketable Securities Realized Gain Loss Other Than Temporary Impairments Amount
MarketableSecuritiesRealizedGainLossOtherThanTemporaryImpairmentsAmount
149000000 USD
us-gaap Marketable Securities Realized Gain Loss Other Than Temporary Impairments Amount
MarketableSecuritiesRealizedGainLossOtherThanTemporaryImpairmentsAmount
37000000 USD
CY2013Q2 us-gaap Marketable Securities Realized Gain Loss Other Than Temporary Impairments Amount
MarketableSecuritiesRealizedGainLossOtherThanTemporaryImpairmentsAmount
22000000 USD
CY2013Q3 us-gaap Minority Interest
MinorityInterest
-1000000 USD
CY2014Q2 us-gaap Minority Interest
MinorityInterest
-2000000 USD
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-3917000000 USD
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-1533000000 USD
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-5987000000 USD
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-1552000000 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
7268000000 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
6268000000 USD
us-gaap Net Income Loss
NetIncomeLoss
6073000000 USD
us-gaap Net Income Loss
NetIncomeLoss
5352000000 USD
CY2013Q2 us-gaap Net Income Loss
NetIncomeLoss
1580000000 USD
CY2014Q2 us-gaap Net Income Loss
NetIncomeLoss
2238000000 USD
CY2013Q2 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
-2000000 USD
us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
-3000000 USD
CY2014Q2 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
-1000000 USD
us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
-8000000 USD
CY2013Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
1677000000 USD
us-gaap Operating Income Loss
OperatingIncomeLoss
5642000000 USD
CY2014Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
2075000000 USD
us-gaap Operating Income Loss
OperatingIncomeLoss
5558000000 USD
CY2014Q2 us-gaap Operating Leases Future Minimum Payments Due
OperatingLeasesFutureMinimumPaymentsDue
336000000 USD
CY2014Q2 us-gaap Operating Leases Future Minimum Payments Due In Five Years
OperatingLeasesFutureMinimumPaymentsDueInFiveYears
31000000 USD
CY2014Q2 us-gaap Operating Leases Future Minimum Payments Due In Four Years
OperatingLeasesFutureMinimumPaymentsDueInFourYears
58000000 USD
CY2014Q2 us-gaap Operating Leases Future Minimum Payments Due In Three Years
OperatingLeasesFutureMinimumPaymentsDueInThreeYears
79000000 USD
CY2014Q2 us-gaap Operating Leases Future Minimum Payments Due In Two Years
OperatingLeasesFutureMinimumPaymentsDueInTwoYears
93000000 USD
CY2014Q2 us-gaap Operating Leases Future Minimum Payments Due Thereafter
OperatingLeasesFutureMinimumPaymentsDueThereafter
50000000 USD
CY2014Q2 us-gaap Operating Leases Future Minimum Payments Remainder Of Fiscal Year
OperatingLeasesFutureMinimumPaymentsRemainderOfFiscalYear
25000000 USD
CY2014Q2 us-gaap Other Assets Current
OtherAssetsCurrent
535000000 USD
CY2013Q3 us-gaap Other Assets Current
OtherAssetsCurrent
572000000 USD
CY2013Q3 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
938000000 USD
CY2014Q2 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
843000000 USD
us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Arising During Period Net Of Tax
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax
14000000 USD
us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Arising During Period Net Of Tax
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax
-23000000 USD
CY2013Q2 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Arising During Period Net Of Tax
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax
-16000000 USD
CY2014Q2 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Arising During Period Net Of Tax
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax
8000000 USD
us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Reclassification Adjustment From Aoci Realized Upon Sale Or Liquidation Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationReclassificationAdjustmentFromAOCIRealizedUponSaleOrLiquidationNetOfTax
-11000000 USD
CY2014Q2 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Reclassification Adjustment From Aoci Realized Upon Sale Or Liquidation Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationReclassificationAdjustmentFromAOCIRealizedUponSaleOrLiquidationNetOfTax
0 USD
CY2013Q2 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Reclassification Adjustment From Aoci Realized Upon Sale Or Liquidation Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationReclassificationAdjustmentFromAOCIRealizedUponSaleOrLiquidationNetOfTax
-11000000 USD
us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Reclassification Adjustment From Aoci Realized Upon Sale Or Liquidation Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationReclassificationAdjustmentFromAOCIRealizedUponSaleOrLiquidationNetOfTax
-1000000 USD
us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-169000000 USD
us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
72000000 USD
CY2013Q2 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-324000000 USD
CY2014Q2 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
15000000 USD
us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Writedown Of Securities Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForWritedownOfSecuritiesNetOfTax
24000000 USD
us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Writedown Of Securities Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForWritedownOfSecuritiesNetOfTax
96000000 USD
CY2014Q2 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Writedown Of Securities Net Of Tax
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us-gaap Other Information Pertaining To Income Taxes
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qcom Income Tax Provision Less Than In Excess Of Income Tax Payments
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qcom Income Tax Provision Less Than In Excess Of Income Tax Payments
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qcom Reclassification Of Net Realized Gains Losses On Marketable Securities And Derivative Instruments Included In Net Income Net Of Income Taxes
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qcom Reclassification Of Net Realized Gains Losses On Marketable Securities And Derivative Instruments Included In Net Income Net Of Income Taxes
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CY2014Q2 qcom Reclassification Of Net Realized Gains Losses On Marketable Securities And Derivative Instruments Included In Net Income Net Of Income Taxes
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qcom Revenues Related To Non Monetary Exchanges
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qcom Total Share Based Awards Granted Percent Of Oustanding Shares
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CY2013Q3 qcom Trading Securities Noncurrent
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dei Amendment Flag
AmendmentFlag
false
dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--09-28
dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
Q3
dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2014
dei Document Period End Date
DocumentPeriodEndDate
2014-06-29
dei Document Type
DocumentType
10-Q
dei Entity Address Address Line1
EntityAddressAddressLine1
5775 Morehouse Dr.
dei Entity Address City Or Town
EntityAddressCityOrTown
San Diego
dei Entity Address Postal Zip Code
EntityAddressPostalZipCode
92121-1714
dei Entity Address State Or Province
EntityAddressStateOrProvince
California
dei Entity Central Index Key
EntityCentralIndexKey
0000804328
CY2014Q3 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
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dei Entity Filer Category
EntityFilerCategory
Large Accelerated Filer
dei Entity Incorporation State Country Name
EntityIncorporationStateCountryName
Delaware
dei Entity Registrant Name
EntityRegistrantName
QUALCOMM INC/DE
dei Entity Tax Identification Number
EntityTaxIdentificationNumber
953685934
dei Entity Voluntary Filers
EntityVoluntaryFilers
No
dei Entity Well Known Seasoned Issuer
EntityWellKnownSeasonedIssuer
Yes
dei Local Phone Number
LocalPhoneNumber
(858) 587-1121

Files In Submission

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