QUALCOMM INC/DE (QCOM) FY 2016 Income Statement

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10-K.Info (Beta Test) Courtesy of Short Sands, LLC
QUALCOMM INC/DE
Ticker: QCOM Fiscal Year: 2016
CONSOLIDATED STATEMENTS OF OPERATIONS
Period Ending Sept 25, 2016 10-K (Filed: Nov 2, 2016)
(In Millions)
	12 Months Ended	12 Months Ended	12 Months Ended
	Sept 25, 2016	Sept 27, 2015	Sept 28, 2014
Revenues:
Equipment and services	$ 15,467	17,079	18,625
Licensing	8,087	8,202	7,862
Total revenues	23,554	25,281	26,487

Cost of revenues	9,749	10,378	10,686
Research and development	5,151	5,490	5,477
Selling, general and administrative	2,385	2,344	2,290
Other (Note 2)	(226)	1,293	484
Total costs and expenses	17,059	19,505	18,937

Operating income	6,495	5,776	7,550

Interest expense	(297)	(104)	(5)
Investment income, net (Note 2)	635	815	1,233
Income from continuing operations before income taxes	6,833	6,487	8,778

Income tax expense	(1,131)	(1,219)	(1,244)
Income from continuing operations	5,702	5,268	7,534

Discontinued operations, net of income taxes (Note 11)	0	0	430
Net income	5,702	5,268	7,964

Net loss attributable to noncontrolling interests	3	3	3
Net income attributable to Qualcomm	5,705	5,271	7,967

Basic earnings per share attributable to Qualcomm:
Continuing operations	3.84	3.26	4.48
Discontinued operations	0.00	0.00	0.25
Net income	3.84	3.26	4.73

Diluted earnings per share attributable to Qualcomm:
Continuing operations	3.81	3.22	4.40
Discontinued operations	0.00	0.00	0.25
Net income	3.81	3.22	4.65

Shares used in per share calculations:
Basic	1,484	1,618	1,683
Diluted	1,498	1,639	1,714
Dividends per share announced	2.02	1.80	1.54

External Links
QUALCOMM INC/DE (QCOM) Fiscal Year 2016
Statements of 10-K in Excel	https://www.sec.gov/.../Financial.xlxs
Complete 10-K in HTML	https://www.sec.gov/.../10-K.html
Complete 10-K in XBRL	https://www.sec.gov/.../10-K-xbrl.zip

QUALCOMM INC/DE