2015 Q3 Form 10-K Financial Statement

#000123445216000552 Filed on November 02, 2016

View on sec.gov

Income Statement

Concept 2015 Q3 2015 Q2 2015 Q1
Revenue $5.456B $5.832B $6.894B
YoY Change -18.47% -14.31% 8.28%
Cost Of Revenue $2.164B $2.451B $2.628B
YoY Change -19.61% -10.55% 5.88%
Gross Profit $3.292B $3.381B $4.266B
YoY Change -17.7% -16.85% 9.81%
Gross Profit Margin 60.34% 57.97% 61.88%
Selling, General & Admin $628.0M $621.0M $545.0M
YoY Change 16.51% 6.7% 1.11%
% of Gross Profit 19.08% 18.37% 12.78%
Research & Development $1.354B $1.407B $1.375B
YoY Change -0.44% -1.54% 1.4%
% of Gross Profit 41.13% 41.61% 32.23%
Depreciation & Amortization $326.0M $297.0M $304.0M
YoY Change 9.76% 1.71% 5.19%
% of Gross Profit 9.9% 8.78% 7.13%
Operating Expenses $2.034B $2.028B $1.920B
YoY Change 5.23% 0.85% 1.32%
Operating Profit $1.140B $1.235B $1.336B
YoY Change -42.77% -40.48% -32.86%
Interest Expense $133.0M $32.00M $1.000M
YoY Change -49.43% -66.67%
% of Operating Profit 11.67% 2.59% 0.07%
Other Income/Expense, Net $10.00M $5.000M
YoY Change
Pretax Income $1.251B $1.398B $1.539B
YoY Change -44.45% -44.01% -32.26%
Income Tax $190.0M $215.0M $487.0M
% Of Pretax Income 15.19% 15.38% 31.64%
Net Earnings $1.061B $1.184B $1.053B
YoY Change -43.98% -47.1% -46.25%
Net Earnings / Revenue 19.45% 20.3% 15.27%
Basic Earnings Per Share $0.68 $0.74 $0.64
Diluted Earnings Per Share $0.67 $0.73 $0.63
COMMON SHARES
Basic Shares Outstanding 1.571B shares 1.608B shares 1.645B shares
Diluted Shares Outstanding 1.629B shares 1.667B shares

Balance Sheet

Concept 2015 Q3 2015 Q2 2015 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $17.32B $21.33B $15.56B
YoY Change -1.39% 17.51% -6.45%
Cash & Equivalents $7.560B $9.987B $5.492B
Short-Term Investments $9.761B $11.34B $10.06B
Other Short-Term Assets $687.0M $581.0M $733.0M
YoY Change 71.32% 8.6% 40.69%
Inventory $1.492B $1.583B $1.861B
Prepaid Expenses
Receivables $1.941B $1.961B $2.040B
Other Receivables $23.00M $0.00 $18.00M
Total Short-Term Assets $22.10B $25.93B $20.74B
YoY Change -1.4% 15.71% -1.28%
LONG-TERM ASSETS
Property, Plant & Equipment $2.534B $2.574B $2.523B
YoY Change 1.89% 0.74% -1.94%
Goodwill $5.479B $4.259B $4.388B
YoY Change 22.08% 1.82% 3.83%
Intangibles $3.742B $2.405B $2.482B
YoY Change 45.04% -7.78% -8.04%
Long-Term Investments $163.0M $13.89B $14.06B
YoY Change -98.87% -4.59% -8.88%
Other Assets $1.863B $1.960B $1.936B
YoY Change 91.08% 132.5% 147.25%
Total Long-Term Assets $28.70B $26.37B $26.43B
YoY Change 9.69% 1.62% -1.62%
TOTAL ASSETS
Total Short-Term Assets $22.10B $25.93B $20.74B
Total Long-Term Assets $28.70B $26.37B $26.43B
Total Assets $50.80B $52.30B $47.17B
YoY Change 4.57% 8.15% -1.47%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $1.300B $1.412B $1.683B
YoY Change -40.45% -25.68% 8.51%
Accrued Expenses $861.0M $697.0M $744.0M
YoY Change 7.36% -5.81% 0.68%
Deferred Revenue
YoY Change
Short-Term Debt $1.000B $1.000B $1.096B
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $6.100B $6.083B $6.169B
YoY Change 1.45% 1.03% 4.54%
LONG-TERM LIABILITIES
Long-Term Debt $9.969B $9.913B $0.00
YoY Change 90018.18% -100.0%
Other Long-Term Liabilities $817.0M $527.0M $503.0M
YoY Change 90.89% 39.05% 42.09%
Total Long-Term Liabilities $817.0M $527.0M $503.0M
YoY Change 90.89% 39.05% 42.09%
TOTAL LIABILITIES
Total Short-Term Liabilities $6.100B $6.083B $6.169B
Total Long-Term Liabilities $817.0M $527.0M $503.0M
Total Liabilities $19.38B $19.10B $9.339B
YoY Change 106.02% 99.61% -2.94%
SHAREHOLDERS EQUITY
Retained Earnings $31.23B $32.70B $32.41B
YoY Change 1.39% 10.4% 15.35%
Common Stock
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $31.42B $33.20B $37.84B
YoY Change
Total Liabilities & Shareholders Equity $50.80B $52.30B $47.17B
YoY Change 4.57% 8.15% -1.47%

Cashflow Statement

Concept 2015 Q3 2015 Q2 2015 Q1
OPERATING ACTIVITIES
Net Income $1.061B $1.184B $1.053B
YoY Change -43.98% -47.1% -46.25%
Depreciation, Depletion And Amortization $326.0M $297.0M $304.0M
YoY Change 9.76% 1.71% 5.19%
Cash From Operating Activities $1.684B $2.116B -$658.0M
YoY Change 4.01% -20.84% -136.19%
INVESTING ACTIVITIES
Capital Expenditures -$179.0M -$366.0M -$196.0M
YoY Change -22.17% 131.65% -66.61%
Acquisitions
YoY Change
Other Investing Activities -$1.173B -$1.164B $1.242B
YoY Change -920.28% -209.4% -153.63%
Cash From Investing Activities -$1.352B -$1.530B $1.046B
YoY Change 1454.02% -268.87% -136.03%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -2.749B 3.904B -1.213B
YoY Change 75.88% -297.57% 39.75%
NET CHANGE
Cash From Operating Activities 1.684B 2.116B -658.0M
Cash From Investing Activities -1.352B -1.530B 1.046B
Cash From Financing Activities -2.749B 3.904B -1.213B
Net Change In Cash -2.417B 4.490B -825.0M
YoY Change 7696.77% 180.1% -57.76%
FREE CASH FLOW
Cash From Operating Activities $1.684B $2.116B -$658.0M
Capital Expenditures -$179.0M -$366.0M -$196.0M
Free Cash Flow $1.863B $2.482B -$462.0M
YoY Change 0.76% -12.33% -119.21%

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GoodwillImpairmentLoss
260000000 USD
CY2016 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
17000000 USD
CY2015 us-gaap Goodwill Other Increase Decrease
GoodwillOtherIncreaseDecrease
-7000000 USD
CY2016 us-gaap Goodwill Other Increase Decrease
GoodwillOtherIncreaseDecrease
45000000 USD
CY2016 us-gaap Impairment Of Intangible Assets Excluding Goodwill
ImpairmentOfIntangibleAssetsExcludingGoodwill
43000000 USD
CY2014 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
3213000000 USD
CY2015 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
2993000000 USD
CY2016 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
3032000000 USD
CY2014 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
8778000000 USD
CY2015 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
6487000000 USD
CY2016 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
6833000000 USD
CY2014 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
5565000000 USD
CY2015 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
3494000000 USD
CY2016 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
3801000000 USD
CY2014 us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
7534000000 USD
CY2015 us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
5268000000 USD
CY2016 us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
5702000000 USD
CY2014 us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
4.48
CY2015 us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
3.26
CY2016 us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
3.84
CY2014 us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
4.40
CY2015 us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
3.22
CY2016 us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
3.81
CY2014 us-gaap Income Loss From Discontinued Operations Net Of Tax
IncomeLossFromDiscontinuedOperationsNetOfTax
430000000 USD
CY2015 us-gaap Income Loss From Discontinued Operations Net Of Tax
IncomeLossFromDiscontinuedOperationsNetOfTax
0 USD
CY2016 us-gaap Income Loss From Discontinued Operations Net Of Tax
IncomeLossFromDiscontinuedOperationsNetOfTax
0 USD
CY2014 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare
0.25
CY2015 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare
0.00
CY2016 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare
0.00
CY2014 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare
0.25
CY2015 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare
0.00
CY2016 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare
0.00
CY2014 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
-10000000 USD
CY2015 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
-32000000 USD
CY2016 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
-84000000 USD
CY2014 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
1244000000 USD
CY2015 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
1219000000 USD
CY2016 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
1131000000 USD
CY2014 us-gaap Income Tax Holiday Aggregate Dollar Amount
IncomeTaxHolidayAggregateDollarAmount
690000000 USD
CY2015 us-gaap Income Tax Holiday Aggregate Dollar Amount
IncomeTaxHolidayAggregateDollarAmount
656000000 USD
CY2016 us-gaap Income Tax Holiday Aggregate Dollar Amount
IncomeTaxHolidayAggregateDollarAmount
487000000 USD
CY2016 us-gaap Income Tax Holiday Description
IncomeTaxHolidayDescription
The Company’s QCT segment’s non-United States headquarters is located in Singapore. The Company has obtained tax incentives in Singapore that commenced in March 2012, which are effective through March 2027, that result in a tax exemption for the first five years provided that the Company meets specified employment and investment criteria. The Company’s Singapore tax rate will increase in fiscal 2017 and again in fiscal 2027 as a result of the expiration of these incentives.
CY2014 us-gaap Income Tax Holiday Income Tax Benefits Per Share
IncomeTaxHolidayIncomeTaxBenefitsPerShare
0.40
CY2015 us-gaap Income Tax Holiday Income Tax Benefits Per Share
IncomeTaxHolidayIncomeTaxBenefitsPerShare
0.40
CY2016 us-gaap Income Tax Holiday Income Tax Benefits Per Share
IncomeTaxHolidayIncomeTaxBenefitsPerShare
0.32
CY2014 us-gaap Income Tax Reconciliation Foreign Income Tax Rate Differential
IncomeTaxReconciliationForeignIncomeTaxRateDifferential
-1750000000 USD
CY2014 us-gaap Income Tax Reconciliation Deductions Other
IncomeTaxReconciliationDeductionsOther
0 USD
CY2015 us-gaap Income Tax Reconciliation Deductions Other
IncomeTaxReconciliationDeductionsOther
0 USD
CY2016 us-gaap Income Tax Reconciliation Deductions Other
IncomeTaxReconciliationDeductionsOther
101000000 USD
CY2015 us-gaap Income Tax Reconciliation Foreign Income Tax Rate Differential
IncomeTaxReconciliationForeignIncomeTaxRateDifferential
-937000000 USD
CY2016 us-gaap Income Tax Reconciliation Foreign Income Tax Rate Differential
IncomeTaxReconciliationForeignIncomeTaxRateDifferential
-1068000000 USD
CY2014 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
3072000000 USD
CY2015 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
2270000000 USD
CY2016 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
2392000000 USD
CY2014 us-gaap Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
-41000000 USD
CY2015 us-gaap Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
16000000 USD
CY2016 us-gaap Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
32000000 USD
CY2015 us-gaap Income Tax Reconciliation Prior Year Income Taxes
IncomeTaxReconciliationPriorYearIncomeTaxes
-101000000 USD
CY2016 us-gaap Income Tax Reconciliation Prior Year Income Taxes
IncomeTaxReconciliationPriorYearIncomeTaxes
-79000000 USD
CY2014 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
24000000 USD
CY2015 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
18000000 USD
CY2016 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
19000000 USD
CY2014 us-gaap Income Tax Reconciliation Tax Credits Research
IncomeTaxReconciliationTaxCreditsResearch
61000000 USD
CY2015 us-gaap Income Tax Reconciliation Tax Credits Research
IncomeTaxReconciliationTaxCreditsResearch
148000000 USD
CY2016 us-gaap Income Tax Reconciliation Tax Credits Research
IncomeTaxReconciliationTaxCreditsResearch
143000000 USD
CY2015 us-gaap Income Tax Reconciliation Tax Settlements
IncomeTaxReconciliationTaxSettlements
-61000000 USD
CY2014 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
1200000000 USD
CY2015 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
1200000000 USD
CY2016 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
1300000000 USD
CY2014 us-gaap Increase Decrease In Accounts Payable Trade
IncreaseDecreaseInAccountsPayableTrade
619000000 USD
CY2015 us-gaap Increase Decrease In Accounts Payable Trade
IncreaseDecreaseInAccountsPayableTrade
-908000000 USD
CY2016 us-gaap Increase Decrease In Accounts Payable Trade
IncreaseDecreaseInAccountsPayableTrade
541000000 USD
CY2014 us-gaap Increase Decrease In Deferred Revenue
IncreaseDecreaseInDeferredRevenue
-292000000 USD
CY2015 us-gaap Increase Decrease In Deferred Revenue
IncreaseDecreaseInDeferredRevenue
-561000000 USD
CY2016 us-gaap Increase Decrease In Deferred Revenue
IncreaseDecreaseInDeferredRevenue
-307000000 USD
CY2014 us-gaap Increase Decrease In Employee Related Liabilities
IncreaseDecreaseInEmployeeRelatedLiabilities
-617000000 USD
CY2015 us-gaap Increase Decrease In Employee Related Liabilities
IncreaseDecreaseInEmployeeRelatedLiabilities
-328000000 USD
CY2016 us-gaap Increase Decrease In Employee Related Liabilities
IncreaseDecreaseInEmployeeRelatedLiabilities
-352000000 USD
CY2014 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
155000000 USD
CY2015 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
-93000000 USD
CY2016 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
49000000 USD
CY2014 us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
-108000000 USD
CY2015 us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
793000000 USD
CY2016 us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
-246000000 USD
CY2014 us-gaap Increase Decrease In Receivables
IncreaseDecreaseInReceivables
281000000 USD
CY2015 us-gaap Increase Decrease In Receivables
IncreaseDecreaseInReceivables
-550000000 USD
CY2016 us-gaap Increase Decrease In Receivables
IncreaseDecreaseInReceivables
232000000 USD
CY2014 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
30655000 shares
CY2015 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
20724000 shares
CY2016 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
13864000 shares
CY2015Q3 us-gaap Indefinite Lived Intangible Assets Excluding Goodwill
IndefiniteLivedIntangibleAssetsExcludingGoodwill
196000000 USD
CY2016Q3 us-gaap Indefinite Lived Intangible Assets Excluding Goodwill
IndefiniteLivedIntangibleAssetsExcludingGoodwill
83000000 USD
CY2015Q3 us-gaap Intangible Assets Gross Excluding Goodwill
IntangibleAssetsGrossExcludingGoodwill
5941000000 USD
CY2016Q3 us-gaap Intangible Assets Gross Excluding Goodwill
IntangibleAssetsGrossExcludingGoodwill
6042000000 USD
CY2015Q3 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
3742000000 USD
CY2016Q3 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
3500000000 USD
CY2016Q3 us-gaap Inventory Raw Materials Net Of Reserves
InventoryRawMaterialsNetOfReserves
1000000 USD
CY2015Q3 us-gaap Inventory Work In Process Net Of Reserves
InventoryWorkInProcessNetOfReserves
550000000 USD
CY2015Q3 us-gaap Inventory Raw Materials Net Of Reserves
InventoryRawMaterialsNetOfReserves
1000000 USD
CY2016Q3 us-gaap Inventory Work In Process Net Of Reserves
InventoryWorkInProcessNetOfReserves
847000000 USD
CY2014 us-gaap Investment Income Interest And Dividend
InvestmentIncomeInterestAndDividend
586000000 USD
CY2015 us-gaap Investment Income Interest And Dividend
InvestmentIncomeInterestAndDividend
527000000 USD
CY2016 us-gaap Investment Income Interest And Dividend
InvestmentIncomeInterestAndDividend
611000000 USD
CY2014 us-gaap Investment Income Nonoperating
InvestmentIncomeNonoperating
1233000000 USD
CY2015 us-gaap Investment Income Nonoperating
InvestmentIncomeNonoperating
815000000 USD
CY2016 us-gaap Investment Income Nonoperating
InvestmentIncomeNonoperating
635000000 USD
CY2015Q3 us-gaap Investments In Affiliates Subsidiaries Associates And Joint Ventures
InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures
620000000 USD
CY2016Q3 us-gaap Investments In Affiliates Subsidiaries Associates And Joint Ventures
InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures
855000000 USD
CY2015Q3 us-gaap Land
Land
212000000 USD
CY2016Q3 us-gaap Land
Land
192000000 USD
CY2014 us-gaap Lease And Rental Expense
LeaseAndRentalExpense
91000000 USD
CY2015 us-gaap Lease And Rental Expense
LeaseAndRentalExpense
99000000 USD
CY2016 us-gaap Lease And Rental Expense
LeaseAndRentalExpense
116000000 USD
CY2015Q3 us-gaap Leasehold Improvements Gross
LeaseholdImprovementsGross
274000000 USD
CY2016Q3 us-gaap Leasehold Improvements Gross
LeaseholdImprovementsGross
254000000 USD
CY2015Q3 us-gaap Liabilities
Liabilities
19382000000 USD
CY2016Q3 us-gaap Liabilities
Liabilities
20591000000 USD
CY2015Q3 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
50796000000 USD
CY2016Q3 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
52359000000 USD
CY2015Q3 us-gaap Liabilities Current
LiabilitiesCurrent
6100000000 USD
CY2016Q3 us-gaap Liabilities Current
LiabilitiesCurrent
7311000000 USD
CY2014 us-gaap Licenses Revenue
LicensesRevenue
7862000000 USD
CY2015 us-gaap Licenses Revenue
LicensesRevenue
8202000000 USD
CY2016 us-gaap Licenses Revenue
LicensesRevenue
8087000000 USD
CY2016 us-gaap Line Of Credit Facility Commitment Fee Percentage
LineOfCreditFacilityCommitmentFeePercentage
0.0005
CY2016 us-gaap Line Of Credit Facility Covenant Compliance
LineOfCreditFacilityCovenantCompliance
the Company was in compliance with the covenants
CY2016 us-gaap Line Of Credit Facility Covenant Terms
LineOfCreditFacilityCovenantTerms
maintain a ratio of consolidated earnings before interest, taxes, depreciation and amortization to consolidated interest expense, as defined in the Revolving Credit Facility, of not less than three to one at the end of each fiscal quarter
CY2016 us-gaap Line Of Credit Facility Expiration Date1
LineOfCreditFacilityExpirationDate1
2020-02-18
CY2016 us-gaap Line Of Credit Facility Interest Rate Description
LineOfCreditFacilityInterestRateDescription
at the option of the Company, at either LIBOR (determined in accordance with the Revolving Credit Facility) plus a margin of 0.7% per annum or the Base Rate (determined in accordance with the Revolving Credit Facility), plus an initial margin of 0% per annum.
CY2016Q3 us-gaap Line Of Credit Facility Maximum Borrowing Capacity
LineOfCreditFacilityMaximumBorrowingCapacity
4000000000 USD
CY2015Q3 us-gaap Long Term Debt
LongTermDebt
9969000000 USD
CY2016Q3 us-gaap Long Term Debt
LongTermDebt
10008000000 USD
CY2015Q3 us-gaap Long Term Debt Fair Value
LongTermDebtFairValue
9600000000 USD
CY2016Q3 us-gaap Long Term Debt Fair Value
LongTermDebtFairValue
10600000000 USD
CY2016Q3 us-gaap Long Term Debt Maturities Repayments Of Principal After Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFive
6500000000 USD
CY2016Q3 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive
0 USD
CY2016Q3 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Four
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour
2000000000 USD
CY2016Q3 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Three
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree
0 USD
CY2016Q3 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Two
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo
1500000000 USD
CY2015Q3 us-gaap Machinery And Equipment Gross
MachineryAndEquipmentGross
2287000000 USD
CY2016Q1 us-gaap Operating Income Loss
OperatingIncomeLoss
1415000000 USD
CY2016Q2 us-gaap Net Income Loss
NetIncomeLoss
1444000000 USD
CY2016Q3 us-gaap Machinery And Equipment Gross
MachineryAndEquipmentGross
2454000000 USD
CY2015Q3 us-gaap Marketable Securities Current
MarketableSecuritiesCurrent
9761000000 USD
CY2016Q3 us-gaap Marketable Securities Current
MarketableSecuritiesCurrent
12702000000 USD
CY2015Q3 us-gaap Marketable Securities Noncurrent
MarketableSecuritiesNoncurrent
13626000000 USD
CY2016Q3 us-gaap Marketable Securities Noncurrent
MarketableSecuritiesNoncurrent
13702000000 USD
CY2014 us-gaap Marketable Securities Realized Gain Loss Excluding Other Than Temporary Impairments
MarketableSecuritiesRealizedGainLossExcludingOtherThanTemporaryImpairments
770000000 USD
CY2015 us-gaap Marketable Securities Realized Gain Loss Excluding Other Than Temporary Impairments
MarketableSecuritiesRealizedGainLossExcludingOtherThanTemporaryImpairments
451000000 USD
CY2016 us-gaap Marketable Securities Realized Gain Loss Excluding Other Than Temporary Impairments
MarketableSecuritiesRealizedGainLossExcludingOtherThanTemporaryImpairments
239000000 USD
CY2014 us-gaap Marketable Securities Realized Gain Loss Other Than Temporary Impairments Amount
MarketableSecuritiesRealizedGainLossOtherThanTemporaryImpairmentsAmount
156000000 USD
CY2015 us-gaap Marketable Securities Realized Gain Loss Other Than Temporary Impairments Amount
MarketableSecuritiesRealizedGainLossOtherThanTemporaryImpairmentsAmount
163000000 USD
CY2016 us-gaap Marketable Securities Realized Gain Loss Other Than Temporary Impairments Amount
MarketableSecuritiesRealizedGainLossOtherThanTemporaryImpairmentsAmount
112000000 USD
CY2015Q3 us-gaap Minority Interest
MinorityInterest
-7000000 USD
CY2016Q3 us-gaap Minority Interest
MinorityInterest
-10000000 USD
CY2014 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-5480000000 USD
CY2015 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-2261000000 USD
CY2016 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-5522000000 USD
CY2014 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-1639000000 USD
CY2015 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-3572000000 USD
CY2016 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-3488000000 USD
CY2014 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
8887000000 USD
CY2015 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
5506000000 USD
CY2016 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
7400000000 USD
CY2014 us-gaap Net Income Loss
NetIncomeLoss
7967000000 USD
CY2014Q4 us-gaap Net Income Loss
NetIncomeLoss
1972000000 USD
CY2015Q1 us-gaap Net Income Loss
NetIncomeLoss
1053000000 USD
CY2015Q2 us-gaap Net Income Loss
NetIncomeLoss
1184000000 USD
CY2015Q3 us-gaap Net Income Loss
NetIncomeLoss
1061000000 USD
CY2015 us-gaap Net Income Loss
NetIncomeLoss
5271000000 USD
CY2015Q4 us-gaap Net Income Loss
NetIncomeLoss
1498000000 USD
CY2016Q1 us-gaap Net Income Loss
NetIncomeLoss
1164000000 USD
CY2016Q3 us-gaap Net Income Loss
NetIncomeLoss
1599000000 USD
CY2016 us-gaap Net Income Loss
NetIncomeLoss
5705000000 USD
CY2014 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
-3000000 USD
CY2015 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
-3000000 USD
CY2016 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
-3000000 USD
CY2016Q3 us-gaap Notes Receivable Gross
NotesReceivableGross
275000000 USD
CY2014 us-gaap Operating Income Loss
OperatingIncomeLoss
7550000000 USD
CY2014Q4 us-gaap Operating Income Loss
OperatingIncomeLoss
2064000000 USD
CY2015Q1 us-gaap Operating Income Loss
OperatingIncomeLoss
1336000000 USD
CY2015Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
1235000000 USD
CY2015Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
1140000000 USD
CY2015 us-gaap Operating Income Loss
OperatingIncomeLoss
5776000000 USD
CY2015Q4 us-gaap Operating Income Loss
OperatingIncomeLoss
1685000000 USD
CY2016 us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodTax
-2000000 USD
CY2014 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
259000000 USD
CY2015 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
-215000000 USD
CY2016 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
306000000 USD
CY2014 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax
140000000 USD
CY2015 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax
-114000000 USD
CY2016 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax
166000000 USD
CY2015Q3 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
2356000000 USD
CY2016Q3 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
2261000000 USD
CY2015 us-gaap Other Operating Income Expense Net
OtherOperatingIncomeExpenseNet
-1293000000 USD
CY2016 us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
-77000000 USD
CY2014 us-gaap Other Operating Income Expense Net
OtherOperatingIncomeExpenseNet
-484000000 USD
CY2016Q3 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
895000000 USD
CY2014 us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
17000000 USD
CY2015 us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
16000000 USD
CY2015Q3 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
817000000 USD
CY2016Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
1592000000 USD
CY2016Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
1804000000 USD
CY2016 us-gaap Operating Income Loss
OperatingIncomeLoss
6495000000 USD
CY2016Q3 us-gaap Operating Leases Future Minimum Payments Due Current
OperatingLeasesFutureMinimumPaymentsDueCurrent
94000000 USD
CY2016Q3 us-gaap Operating Leases Future Minimum Payments Due In Five Years
OperatingLeasesFutureMinimumPaymentsDueInFiveYears
33000000 USD
CY2016Q3 us-gaap Operating Leases Future Minimum Payments Due In Four Years
OperatingLeasesFutureMinimumPaymentsDueInFourYears
43000000 USD
CY2016Q3 us-gaap Operating Leases Future Minimum Payments Due In Three Years
OperatingLeasesFutureMinimumPaymentsDueInThreeYears
58000000 USD
CY2016Q3 us-gaap Operating Leases Future Minimum Payments Due In Two Years
OperatingLeasesFutureMinimumPaymentsDueInTwoYears
74000000 USD
CY2016Q3 us-gaap Operating Leases Future Minimum Payments Due Thereafter
OperatingLeasesFutureMinimumPaymentsDueThereafter
36000000 USD
CY2015Q3 us-gaap Other Assets Current
OtherAssetsCurrent
687000000 USD
CY2016Q3 us-gaap Other Assets Current
OtherAssetsCurrent
558000000 USD
CY2015Q3 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
1863000000 USD
CY2016Q3 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
2161000000 USD
CY2014 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Arising During Period Net Of Tax
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax
1000000 USD
CY2015 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Arising During Period Net Of Tax
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax
-47000000 USD
CY2016 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Arising During Period Net Of Tax
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax
-22000000 USD
CY2014 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
CY2015 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
CY2016 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Reclassification Adjustment From Aoci Realized Upon Sale Or Liquidation Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationReclassificationAdjustmentFromAOCIRealizedUponSaleOrLiquidationNetOfTax
-21000000 USD
CY2014 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-119000000 USD
CY2015 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-439000000 USD
CY2016 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
233000000 USD
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To reflect share repurchases in the consolidated balance sheet, the Company (i) reduces common stock for the par value of the shares, (ii) reduces paid-in capital for the amount in excess of par to zero during the quarter in which the shares are repurchased and (iii) records the residual amount to retained earnings
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150000000 USD
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3000000 USD
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1714000000 shares
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1639000000 shares
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1498000000 shares
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1683000000 shares
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1618000000 shares
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1484000000 shares
CY2016 us-gaap Fiscal Period
FiscalPeriod
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-bottom:8px;padding-top:8px;text-align:left;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;font-weight:bold;">Fiscal Year.</font><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. The fiscal years ended </font><font style="font-family:inherit;font-size:10pt;">September&#160;25, 2016</font><font style="font-family:inherit;font-size:10pt;">, </font><font style="font-family:inherit;font-size:10pt;">September&#160;27, 2015</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;">September&#160;28, 2014</font><font style="font-family:inherit;font-size:10pt;"> included 52&#160;weeks.</font></div></div>
CY2016 us-gaap Use Of Estimates
UseOfEstimates
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-bottom:8px;padding-top:8px;text-align:left;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;font-weight:bold;">Financial Statement Preparation.</font><font style="font-family:inherit;font-size:10pt;"> The preparation of financial statements in conformity with accounting principles generally accepted in the United States requires management to make estimates and assumptions that affect the reported amounts and the disclosure of contingent amounts in the Company&#8217;s consolidated financial statements and the accompanying notes. Examples of the Company&#8217;s significant accounting estimates that may involve a higher degree of judgment and complexity than others include: the determination of other-than-temporary impairments of marketable securities and other investments; the valuation of inventories; the valuation and assessment of the recoverability of goodwill and other indefinite-lived and long-lived assets; the recognition, measurement and disclosure of loss contingencies related to legal proceedings; and the calculation of tax liabilities, including the recognition and measurement of uncertain tax positions. Actual results could differ from those estimates. Certain prior year amounts have been reclassified to conform to the current year presentation.</font></div></div>

Files In Submission

Name View Source Status
0001234452-16-000552-index-headers.html Edgar Link pending
0001234452-16-000552-index.html Edgar Link pending
0001234452-16-000552.txt Edgar Link pending
0001234452-16-000552-xbrl.zip Edgar Link pending
FilingSummary.xml Edgar Link unprocessable
Financial_Report.xlsx Edgar Link pending
qcom-20160925.xml Edgar Link completed
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qcom-20160925_cal.xml Edgar Link unprocessable
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