2020 Q3 Form 10-Q Financial Statement

#000172894920000057 Filed on July 29, 2020

View on sec.gov

Income Statement

Concept 2020 Q3 2020 Q2 2019 Q3
Revenue $8.346B $4.893B $4.814B
YoY Change 73.37% -49.22% -16.68%
Cost Of Revenue $2.766B $2.080B $2.118B
YoY Change 30.59% -1.61% -25.68%
Gross Profit $5.580B $2.813B $2.696B
YoY Change 106.97% -62.6% -7.92%
Gross Profit Margin 66.86% 57.49% 56.0%
Selling, General & Admin $551.0M $511.0M $549.0M
YoY Change 0.36% -6.58% -20.32%
% of Gross Profit 9.87% 18.17% 20.36%
Research & Development $1.582B $1.520B $1.441B
YoY Change 9.78% 10.14% 3.82%
% of Gross Profit 28.35% 54.03% 53.45%
Depreciation & Amortization $339.0M $363.0M $350.0M
YoY Change -3.14% 2.83% -11.62%
% of Gross Profit 6.08% 12.9% 12.98%
Operating Expenses $2.133B $2.031B $1.990B
YoY Change 7.19% 5.4% -41.47%
Operating Profit $3.452B $782.0M $701.0M
YoY Change 392.44% -85.29% -248.52%
Interest Expense -$90.00M $143.0M -$62.00M
YoY Change 45.16% -10.63% -28.74%
% of Operating Profit -2.61% 18.29% -8.84%
Other Income/Expense, Net
YoY Change
Pretax Income $3.306B $868.0M $614.0M
YoY Change 438.44% -84.22% -176.65%
Income Tax $346.0M $23.00M $108.0M
% Of Pretax Income 10.47% 2.65% 17.59%
Net Earnings $2.960B $845.0M $506.0M
YoY Change 484.98% -60.68% -198.64%
Net Earnings / Revenue 35.47% 17.27% 10.51%
Basic Earnings Per Share $2.62 $0.75 $0.42
Diluted Earnings Per Share $2.58 $0.74 $0.42
COMMON SHARES
Basic Shares Outstanding 1.128B shares 1.127B shares 1.216B shares
Diluted Shares Outstanding 1.139B shares

Balance Sheet

Concept 2020 Q3 2020 Q2 2019 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $10.83B $10.60B $12.26B
YoY Change -11.65% -26.17% 1.42%
Cash & Equivalents $6.707B $6.120B $11.84B
Short-Term Investments $4.125B $4.480B $421.0M
Other Short-Term Assets $704.0M $768.0M $634.0M
YoY Change 11.04% 12.61% -9.3%
Inventory $2.598B $2.343B $1.400B
Prepaid Expenses
Receivables $2.687B $928.0M $1.046B
Other Receivables $11.00M $12.00M $14.00M
Total Short-Term Assets $18.52B $15.56B $16.77B
YoY Change 10.46% -18.99% -3.56%
LONG-TERM ASSETS
Property, Plant & Equipment $3.711B $3.487B $3.081B
YoY Change 20.45% 14.82% 3.56%
Goodwill $6.323B $6.299B $6.282B
YoY Change 0.65% -0.14% -3.32%
Intangibles $1.653B $1.749B $2.172B
YoY Change -23.9% -25.57% -26.5%
Long-Term Investments $161.0M $213.0M $343.0M
YoY Change -53.06% -35.45% -14.68%
Other Assets $4.037B $3.890B $3.461B
YoY Change 16.64% 88.65% 75.69%
Total Long-Term Assets $17.08B $16.77B $16.19B
YoY Change 5.45% 12.33% 5.6%
TOTAL ASSETS
Total Short-Term Assets $18.52B $15.56B $16.77B
Total Long-Term Assets $17.08B $16.77B $16.19B
Total Assets $35.59B $32.33B $32.96B
YoY Change 8.0% -5.29% 0.73%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $2.248B $2.046B $1.368B
YoY Change 64.33% 28.92% -25.04%
Accrued Expenses $1.187B $1.148B $2.427B
YoY Change -51.09% -53.03% 7.96%
Deferred Revenue
YoY Change
Short-Term Debt $500.0M $500.0M $499.0M
YoY Change 0.2% -49.9% -50.35%
Long-Term Debt Due $0.00 $0.00 $1.997B
YoY Change -100.0% -100.0%
Total Short-Term Liabilities $8.672B $7.914B $8.935B
YoY Change -2.94% -27.08% -21.55%
LONG-TERM LIABILITIES
Long-Term Debt $15.23B $15.43B $13.44B
YoY Change 13.31% 14.89% -12.55%
Other Long-Term Liabilities $5.619B $5.683B $5.676B
YoY Change -1.0% 453.9% 363.35%
Total Long-Term Liabilities $15.23B $15.43B $13.44B
YoY Change 13.31% 6.73% -19.01%
TOTAL LIABILITIES
Total Short-Term Liabilities $8.672B $7.914B $8.935B
Total Long-Term Liabilities $15.23B $15.43B $13.44B
Total Liabilities $29.52B $29.02B $28.05B
YoY Change 5.24% 1.23% -12.11%
SHAREHOLDERS EQUITY
Retained Earnings $5.284B $3.081B $4.466B
YoY Change 18.32% -34.26% 723.99%
Common Stock
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $6.077B $3.306B $4.909B
YoY Change
Total Liabilities & Shareholders Equity $35.59B $32.33B $32.96B
YoY Change 8.0% -5.29% 0.73%

Cashflow Statement

Concept 2020 Q3 2020 Q2 2019 Q3
OPERATING ACTIVITIES
Net Income $2.960B $845.0M $506.0M
YoY Change 484.98% -60.68% -198.64%
Depreciation, Depletion And Amortization $339.0M $363.0M $350.0M
YoY Change -3.14% 2.83% -11.62%
Cash From Operating Activities $1.741B $1.872B $1.227B
YoY Change 41.89% -61.87% -390.07%
INVESTING ACTIVITIES
Capital Expenditures -$348.0M -$418.0M -$317.0M
YoY Change 9.78% 68.55% 99.37%
Acquisitions
YoY Change
Other Investing Activities $10.00M -$2.738B -$20.00M
YoY Change -150.0% -6945.0% -73.33%
Cash From Investing Activities -$338.0M -$3.156B -$337.0M
YoY Change 0.3% 1417.31% 44.02%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -836.0M -1.003B -2.940B
YoY Change -71.56% 9.62% -89.5%
NET CHANGE
Cash From Operating Activities 1.741B 1.872B 1.227B
Cash From Investing Activities -338.0M -3.156B -337.0M
Cash From Financing Activities -836.0M -1.003B -2.940B
Net Change In Cash 567.0M -2.287B -2.050B
YoY Change -127.66% -160.41% -92.84%
FREE CASH FLOW
Cash From Operating Activities $1.741B $1.872B $1.227B
Capital Expenditures -$348.0M -$418.0M -$317.0M
Free Cash Flow $2.089B $2.290B $1.544B
YoY Change 35.3% -55.59% -684.85%

Facts In Submission

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OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
17000000 USD
us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
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CY2020Q2 us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
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30000000 USD
CY2019Q2 us-gaap Reclassification From Accumulated Other Comprehensive Income Current Period Net Of Tax
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2000000 USD
us-gaap Reclassification From Accumulated Other Comprehensive Income Current Period Net Of Tax
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9000000 USD
us-gaap Reclassification From Accumulated Other Comprehensive Income Current Period Net Of Tax
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4000000 USD
CY2019Q2 us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
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6000000 USD
us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
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2000000 USD
us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax
23000000 USD
CY2020Q2 qcom Other Gains Losses Other Comprehensive Income
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0 USD
CY2019Q2 qcom Other Gains Losses Other Comprehensive Income
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qcom Other Gains Losses Other Comprehensive Income
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qcom Other Gains Losses Other Comprehensive Income
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5000000 USD
CY2020Q2 us-gaap Reclassification From Accumulated Other Comprehensive Income Current Period Net Of Tax
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3000000 USD
CY2020Q2 us-gaap Other Comprehensive Income Loss Net Of Tax
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57000000 USD
CY2019Q2 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
22000000 USD
us-gaap Other Comprehensive Income Loss Net Of Tax
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12000000 USD
us-gaap Other Comprehensive Income Loss Net Of Tax
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us-gaap Profit Loss
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CY2020Q2 us-gaap Comprehensive Income Net Of Tax
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902000000 USD
CY2019Q2 us-gaap Comprehensive Income Net Of Tax
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2171000000 USD
us-gaap Comprehensive Income Net Of Tax
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2250000000 USD
us-gaap Comprehensive Income Net Of Tax
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3861000000 USD
us-gaap Profit Loss
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2238000000 USD
us-gaap Depreciation Depletion And Amortization
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1054000000 USD
us-gaap Depreciation Depletion And Amortization
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1051000000 USD
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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2206000000 USD
us-gaap Share Based Compensation
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899000000 USD
us-gaap Share Based Compensation
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698000000 USD
us-gaap Gain Loss On Investments Excluding Other Than Temporary Impairments
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269000000 USD
us-gaap Gain Loss On Investments Excluding Other Than Temporary Impairments
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340000000 USD
us-gaap Asset Impairment Charges
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0 USD
us-gaap Asset Impairment Charges
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203000000 USD
us-gaap Other Than Temporary Impairment Losses Investments Portion Recognized In Earnings Net
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349000000 USD
us-gaap Other Noncash Income Expense
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108000000 USD
us-gaap Other Than Temporary Impairment Losses Investments Portion Recognized In Earnings Net
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111000000 USD
us-gaap Net Cash Provided By Used In Operating Activities
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6059000000 USD
us-gaap Increase Decrease In Accrued Liabilities
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277000000 USD
us-gaap Increase Decrease In Accrued Liabilities
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us-gaap Payments To Acquire Productive Assets
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us-gaap Payments To Acquire Productive Assets
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570000000 USD
us-gaap Other Noncash Income Expense
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us-gaap Increase Decrease In Receivables
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us-gaap Increase Decrease In Receivables
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us-gaap Increase Decrease In Inventories
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938000000 USD
us-gaap Increase Decrease In Inventories
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95000000 USD
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139000000 USD
us-gaap Increase Decrease In Other Operating Assets
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us-gaap Increase Decrease In Accounts Payable Trade
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745000000 USD
us-gaap Increase Decrease In Accounts Payable Trade
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-267000000 USD
us-gaap Increase Decrease In Deferred Revenue
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-198000000 USD
us-gaap Increase Decrease In Deferred Revenue
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us-gaap Net Cash Provided By Used In Operating Activities
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4073000000 USD
us-gaap Payments To Acquire Marketable Securities
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us-gaap Repayments Of Commercial Paper
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2285000000 USD
us-gaap Repayments Of Commercial Paper
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4813000000 USD
us-gaap Payments For Proceeds From Other Investing Activities
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us-gaap Net Cash Provided By Used In Investing Activities
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us-gaap Proceeds From Issuance Of Long Term Debt
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1989000000 USD
us-gaap Net Cash Provided By Used In Investing Activities
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us-gaap Proceeds From Issuance Of Commercial Paper
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2286000000 USD
us-gaap Proceeds From Issuance Of Commercial Paper
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4808000000 USD
us-gaap Proceeds From Issuance Of Long Term Debt
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0 USD
us-gaap Repayments Of Long Term Debt
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2000000000 USD
us-gaap Repayments Of Long Term Debt
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0 USD
us-gaap Payments To Acquire Marketable Securities
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0 USD
us-gaap Proceeds From Sale And Maturity Of Marketable Securities
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1011000000 USD
us-gaap Proceeds From Sale And Maturity Of Marketable Securities
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174000000 USD
qcom Acquisitions And Other Investments Netof Cash Acquired
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159000000 USD
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185000000 USD
us-gaap Payments For Proceeds From Other Investing Activities
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-130000000 USD
us-gaap Proceeds From Issuance Of Common Stock
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176000000 USD
us-gaap Proceeds From Issuance Of Common Stock
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264000000 USD
us-gaap Proceeds From Payments For Other Financing Activities
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-113000000 USD
us-gaap Net Cash Provided By Used In Financing Activities
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us-gaap Effect Of Exchange Rate On Cash And Cash Equivalents
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4000000 USD
us-gaap Effect Of Exchange Rate On Cash And Cash Equivalents
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2000000 USD
us-gaap Payments For Repurchase Of Common Stock
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2450000000 USD
us-gaap Payments For Repurchase Of Common Stock
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1088000000 USD
us-gaap Payments Of Ordinary Dividends
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2148000000 USD
us-gaap Payments Of Ordinary Dividends
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2257000000 USD
us-gaap Payments Related To Tax Withholding For Share Based Compensation
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326000000 USD
us-gaap Payments Related To Tax Withholding For Share Based Compensation
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225000000 USD
us-gaap Proceeds From Payments For Other Financing Activities
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us-gaap Net Cash Provided By Used In Financing Activities
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us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
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us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
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2146000000 USD
CY2019Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
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11839000000 USD
CY2018Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
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11777000000 USD
CY2020Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
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6120000000 USD
CY2019Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
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13923000000 USD
CY2020Q1 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
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3045000000 USD
CY2019Q1 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
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CY2019Q3 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
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4909000000 USD
CY2018Q3 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
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807000000 USD
CY2020Q2 us-gaap Profit Loss
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CY2019Q2 us-gaap Profit Loss
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us-gaap Profit Loss
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2238000000 USD
us-gaap Profit Loss
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3880000000 USD
CY2020Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
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3306000000 USD
CY2019Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
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5463000000 USD
CY2020Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
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3306000000 USD
CY2019Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
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5463000000 USD
CY2020Q2 us-gaap Common Stock Dividends Per Share Declared
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0.65
CY2019Q2 us-gaap Common Stock Dividends Per Share Declared
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0.62
us-gaap Fiscal Period
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We operate and report using a 52-53 week fiscal year ending on the last Sunday in September. Each of the three and nine months ended June 28, 2020 and June 30, 2019 included 13 weeks and 39 weeks, respectively.
us-gaap Use Of Estimates
UseOfEstimates
The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts and the disclosure of contingent amounts in our condensed consolidated financial statements and the accompanying notes. Actual results could differ from those estimates.
us-gaap Common Stock Dividends Per Share Declared
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1.89
us-gaap Common Stock Dividends Per Share Declared
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1.86
CY2019Q3 us-gaap Operating Lease Right Of Use Asset
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CY2019Q3 us-gaap Operating Lease Liability
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CY2019Q3 us-gaap Operating Lease Liability Current
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127000000 USD
CY2019Q3 us-gaap Operating Lease Liability Noncurrent
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373000000 USD
CY2019Q3 us-gaap Deferred Rent Credit
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51000000 USD
CY2020Q2 us-gaap Accounts Receivable Net Current
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1046000000 USD
CY2020Q2 us-gaap Unbilled Contracts Receivable
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CY2019Q3 us-gaap Unbilled Contracts Receivable
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12000000 USD
CY2019Q3 us-gaap Other Receivables Net Current
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CY2020Q2 us-gaap Accounts And Other Receivables Net Current
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1847000000 USD
CY2019Q3 us-gaap Accounts And Other Receivables Net Current
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2471000000 USD
CY2020Q2 us-gaap Inventory Raw Materials Net Of Reserves
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110000000 USD
CY2019Q3 us-gaap Inventory Raw Materials Net Of Reserves
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77000000 USD
CY2020Q2 us-gaap Inventory Work In Process Net Of Reserves
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942000000 USD
CY2019Q3 us-gaap Inventory Work In Process Net Of Reserves
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667000000 USD
CY2020Q2 us-gaap Inventory Finished Goods Net Of Reserves
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1291000000 USD
CY2019Q3 us-gaap Inventory Finished Goods Net Of Reserves
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656000000 USD
CY2020Q2 us-gaap Inventory Net
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2343000000 USD
CY2019Q3 us-gaap Inventory Net
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1400000000 USD
CY2020Q2 us-gaap Equity Method Investments
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CY2019Q3 us-gaap Equity Method Investments
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CY2020Q2 us-gaap Equity Securities Without Readily Determinable Fair Value Amount
EquitySecuritiesWithoutReadilyDeterminableFairValueAmount
750000000 USD
CY2019Q3 us-gaap Equity Securities Without Readily Determinable Fair Value Amount
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787000000 USD
CY2020Q2 us-gaap Investments In Affiliates Subsidiaries Associates And Joint Ventures
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963000000 USD
CY2019Q3 us-gaap Investments In Affiliates Subsidiaries Associates And Joint Ventures
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1130000000 USD
CY2020Q2 us-gaap Revenue Remaining Performance Obligation
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51000000 USD
CY2020Q2 us-gaap Contract With Customer Performance Obligation Satisfied In Previous Period
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us-gaap Contract With Customer Performance Obligation Satisfied In Previous Period
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258000000 USD
CY2019Q2 us-gaap Contract With Customer Performance Obligation Satisfied In Previous Period
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4800000000 USD
us-gaap Contract With Customer Performance Obligation Satisfied In Previous Period
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4100000000 USD
us-gaap Contract With Customer Liability Revenue Recognized
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424000000 USD
us-gaap Contract With Customer Liability Revenue Recognized
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371000000 USD
CY2020Q2 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
1400000000 USD
CY2020Q2 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
180000000 USD
CY2020Q2 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
511000000 USD
CY2020Q2 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
462000000 USD
CY2020Q2 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
209000000 USD
CY2020Q2 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
26000000 USD
us-gaap Gain Loss Related To Litigation Settlement
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23000000 USD
CY2020Q2 us-gaap Gain Loss Related To Litigation Settlement
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23000000 USD
us-gaap Restructuring And Related Cost Incurred Cost
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207000000 USD
us-gaap Gain Loss Related To Litigation Settlement
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31000000 USD
CY2020Q2 us-gaap Investment Income Interest And Dividend
InvestmentIncomeInterestAndDividend
30000000 USD
CY2019Q2 us-gaap Investment Income Interest And Dividend
InvestmentIncomeInterestAndDividend
80000000 USD
us-gaap Investment Income Interest And Dividend
InvestmentIncomeInterestAndDividend
135000000 USD
us-gaap Investment Income Interest And Dividend
InvestmentIncomeInterestAndDividend
224000000 USD
CY2020Q2 us-gaap Marketable Securities Realized Gain Loss Excluding Other Than Temporary Impairments
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117000000 USD
CY2019Q2 us-gaap Marketable Securities Realized Gain Loss Excluding Other Than Temporary Impairments
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315000000 USD
us-gaap Marketable Securities Realized Gain Loss Excluding Other Than Temporary Impairments
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183000000 USD
us-gaap Marketable Securities Realized Gain Loss Excluding Other Than Temporary Impairments
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296000000 USD
CY2020Q2 us-gaap Gain Loss On Sale Of Other Investments
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48000000 USD
CY2019Q2 us-gaap Gain Loss On Sale Of Other Investments
GainLossOnSaleOfOtherInvestments
6000000 USD
us-gaap Gain Loss On Sale Of Other Investments
GainLossOnSaleOfOtherInvestments
84000000 USD
us-gaap Gain Loss On Sale Of Other Investments
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47000000 USD
CY2020Q2 qcom Net Losses Gains On Deferred Compensation Plan Assets
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57000000 USD
CY2019Q2 qcom Net Losses Gains On Deferred Compensation Plan Assets
NetLossesGainsOnDeferredCompensationPlanAssets
12000000 USD
qcom Net Losses Gains On Deferred Compensation Plan Assets
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16000000 USD
qcom Net Losses Gains On Deferred Compensation Plan Assets
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10000000 USD
CY2020Q2 us-gaap Impairment Of Investments
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12000000 USD
CY2019Q2 us-gaap Impairment Of Investments
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42000000 USD
us-gaap Impairment Of Investments
ImpairmentOfInvestments
349000000 USD
us-gaap Impairment Of Investments
ImpairmentOfInvestments
111000000 USD
CY2020Q2 us-gaap Derivative Gain Loss On Derivative Net
DerivativeGainLossOnDerivativeNet
1000000 USD
CY2019Q2 us-gaap Derivative Gain Loss On Derivative Net
DerivativeGainLossOnDerivativeNet
0 USD
us-gaap Derivative Gain Loss On Derivative Net
DerivativeGainLossOnDerivativeNet
2000000 USD
us-gaap Derivative Gain Loss On Derivative Net
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-10000000 USD
CY2020Q2 us-gaap Income Loss From Equity Method Investments
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CY2019Q2 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
-22000000 USD
us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
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us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
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CY2020Q2 us-gaap Foreign Currency Transaction Gain Loss Before Tax
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CY2019Q2 us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
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us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
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us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
0 USD
CY2020Q2 us-gaap Investment Income Nonoperating
InvestmentIncomeNonoperating
229000000 USD
CY2019Q2 us-gaap Investment Income Nonoperating
InvestmentIncomeNonoperating
344000000 USD
us-gaap Investment Income Nonoperating
InvestmentIncomeNonoperating
46000000 USD
us-gaap Investment Income Nonoperating
InvestmentIncomeNonoperating
377000000 USD
CY2020Q2 us-gaap Effective Income Tax Rate Continuing Operations
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0.03
CY2019Q2 us-gaap Income Tax Expense Benefit Continuing Operations Adjustment Of Deferred Tax Asset Liability
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2500000000 USD
CY2020Q2 us-gaap Unrecognized Tax Benefits
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1900000000 USD
CY2019Q3 us-gaap Unrecognized Tax Benefits
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1700000000 USD
CY2018Q3 us-gaap Stock Repurchase Program Authorized Amount1
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30000000000 USD
CY2020Q2 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
11900000 shares
CY2019Q2 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
13900000 shares
us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
12900000 shares
us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
9300000 shares
CY2020Q2 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
2700000 shares
CY2019Q2 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
700000 shares
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
1000000.0 shares
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
9900000 shares
CY2020Q2 us-gaap Debt Instrument Face Amount
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15500000000 USD
CY2019Q3 us-gaap Debt Instrument Face Amount
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15500000000 USD
CY2020Q2 us-gaap Debt Instrument Unamortized Discount Premium And Debt Issuance Costs Net
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-91000000 USD
CY2019Q3 us-gaap Debt Instrument Unamortized Discount Premium And Debt Issuance Costs Net
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-75000000 USD
CY2020Q2 qcom Hedge Accounting Adjustments Related To Long Term Debt
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16000000 USD
CY2019Q3 qcom Hedge Accounting Adjustments Related To Long Term Debt
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9000000 USD
CY2020Q2 us-gaap Debt Longterm And Shortterm Combined Amount
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15425000000 USD
CY2019Q3 us-gaap Debt Longterm And Shortterm Combined Amount
DebtLongtermAndShorttermCombinedAmount
15434000000 USD
CY2020Q2 us-gaap Long Term Debt Current
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0 USD
CY2019Q3 us-gaap Long Term Debt Current
LongTermDebtCurrent
1997000000 USD
CY2020Q2 us-gaap Long Term Debt Noncurrent
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15425000000 USD
CY2019Q3 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
13437000000 USD
CY2020Q2 us-gaap Debt Longterm And Shortterm Combined Amount
DebtLongtermAndShorttermCombinedAmount
15425000000 USD
CY2019Q3 us-gaap Debt Longterm And Shortterm Combined Amount
DebtLongtermAndShorttermCombinedAmount
15434000000 USD
CY2020Q2 us-gaap Deferred Gain Loss On Discontinuation Of Interest Rate Fair Value Hedge
DeferredGainLossOnDiscontinuationOfInterestRateFairValueHedge
19000000 USD
CY2020Q2 us-gaap Long Term Debt Fair Value
LongTermDebtFairValue
17600000000 USD
CY2019Q3 us-gaap Long Term Debt Fair Value
LongTermDebtFairValue
16500000000 USD
CY2020Q2 us-gaap Commercial Paper
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500000000 USD
CY2019Q3 us-gaap Commercial Paper
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499000000 USD
CY2020Q2 us-gaap Lines Of Credit Current
LinesOfCreditCurrent
0 USD
CY2020Q2 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
68000000 USD
CY2020Q2 us-gaap Loss Contingency Accrual At Carrying Value
LossContingencyAccrualAtCarryingValue
0 USD
us-gaap Description Of Lessee Leasing Arrangements Operating Leases
DescriptionOfLesseeLeasingArrangementsOperatingLeases
We lease certain of our land, facilities and equipment under operating leases, with terms ranging from less than one year to 20 years, some of which include options to extend for up to 20 years.
CY2020Q2 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
458000000 USD
CY2020Q2 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
128000000 USD
CY2020Q2 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
374000000 USD
CY2020Q2 us-gaap Operating Lease Expense
OperatingLeaseExpense
45000000 USD
us-gaap Operating Lease Expense
OperatingLeaseExpense
132000000 USD
CY2019Q2 us-gaap Lease And Rental Expense
LeaseAndRentalExpense
38000000 USD
us-gaap Lease And Rental Expense
LeaseAndRentalExpense
110000000 USD
us-gaap Operating Lease Payments
OperatingLeasePayments
114000000 USD
CY2020Q2 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P6Y
CY2020Q2 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.04
CY2020Q2 us-gaap Lessee Operating Lease Liability Payments Remainder Of Fiscal Year
LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear
38000000 USD
CY2020Q2 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
132000000 USD
CY2020Q2 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
112000000 USD
CY2020Q2 us-gaap Lessee Operating Lease Liability Payments Due After Year Five
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive
178000000 USD
CY2020Q2 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
577000000 USD
CY2020Q2 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
75000000 USD
CY2020Q2 us-gaap Operating Lease Liability
OperatingLeaseLiability
502000000 USD
CY2020Q2 us-gaap Lessee Operating Lease Liability Payments Due Year Five
LesseeOperatingLeaseLiabilityPaymentsDueYearFive
49000000 USD
CY2019Q3 us-gaap Operating Leases Future Minimum Payments Due Current
OperatingLeasesFutureMinimumPaymentsDueCurrent
138000000 USD
CY2019Q3 us-gaap Operating Leases Future Minimum Payments Due In Two Years
OperatingLeasesFutureMinimumPaymentsDueInTwoYears
97000000 USD
CY2019Q3 us-gaap Operating Leases Future Minimum Payments Due In Three Years
OperatingLeasesFutureMinimumPaymentsDueInThreeYears
66000000 USD
CY2019Q3 us-gaap Operating Leases Future Minimum Payments Due In Four Years
OperatingLeasesFutureMinimumPaymentsDueInFourYears
31000000 USD
CY2019Q3 us-gaap Operating Leases Future Minimum Payments Due In Five Years
OperatingLeasesFutureMinimumPaymentsDueInFiveYears
18000000 USD
CY2019Q3 us-gaap Operating Leases Future Minimum Payments Due Thereafter
OperatingLeasesFutureMinimumPaymentsDueThereafter
35000000 USD
CY2019Q3 us-gaap Operating Leases Future Minimum Payments Due
OperatingLeasesFutureMinimumPaymentsDue
385000000 USD
CY2020Q2 us-gaap Revenues
Revenues
4893000000 USD
CY2019Q2 us-gaap Revenues
Revenues
9635000000 USD
us-gaap Revenues
Revenues
15185000000 USD
us-gaap Revenues
Revenues
19459000000 USD
CY2020Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
868000000 USD
CY2019Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
5501000000 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
2413000000 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
6867000000 USD
CY2020Q2 us-gaap Assets
Assets
32328000000 USD
CY2019Q3 us-gaap Assets
Assets
32957000000 USD
CY2020Q2 us-gaap Available For Sale Securities Current
AvailableForSaleSecuritiesCurrent
4095000000 USD
CY2019Q3 us-gaap Available For Sale Securities Current
AvailableForSaleSecuritiesCurrent
4000000 USD
CY2020Q2 us-gaap Available For Sale Securities Noncurrent
AvailableForSaleSecuritiesNoncurrent
34000000 USD
CY2019Q3 us-gaap Available For Sale Securities Noncurrent
AvailableForSaleSecuritiesNoncurrent
35000000 USD
CY2020Q2 us-gaap Marketable Securities Current
MarketableSecuritiesCurrent
4480000000 USD
CY2019Q3 us-gaap Marketable Securities Current
MarketableSecuritiesCurrent
421000000 USD
CY2020Q2 us-gaap Marketable Securities Noncurrent
MarketableSecuritiesNoncurrent
34000000 USD
CY2019Q3 us-gaap Marketable Securities Noncurrent
MarketableSecuritiesNoncurrent
36000000 USD
CY2020Q2 us-gaap Available For Sale Securities Debt Maturities Within One Year Fair Value
AvailableForSaleSecuritiesDebtMaturitiesWithinOneYearFairValue
2730000000 USD
CY2020Q2 us-gaap Available For Sale Securities Debt Maturities After One Through Five Years Fair Value
AvailableForSaleSecuritiesDebtMaturitiesAfterOneThroughFiveYearsFairValue
1281000000 USD
CY2020Q2 us-gaap Available For Sale Securities Debt Maturities Without Single Maturity Date Fair Value
AvailableForSaleSecuritiesDebtMaturitiesWithoutSingleMaturityDateFairValue
118000000 USD
CY2020Q2 us-gaap Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
4129000000 USD
us-gaap Subsequent Event Description
SubsequentEventDescription
In July 2020, we entered into a settlement agreement with Huawei to resolve our prior dispute related to our license agreement that expired on December 31, 2019

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