10-K.Info (Beta Test) Courtesy of Short Sands, LLC | ||||||||||||||
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10-K.Info (Beta Test) Courtesy of Short Sands, LLC | |||
QUALCOMM INC/DE | |||
Ticker: QCOM Fiscal Year: 2012 | |||
Consolidated Statements of Operations | |||
Period Ending Sept 30, 2012 10-K (Filed: Nov 7, 2012) | |||
| (In Millions) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| Sept 30, 2012 | Sept 25, 2011 | Sept 26, 2010 | |
| Revenues: | |||
| Equipment and services | $ 12,465 | 9,223 | 6,971 |
| Licensing | 6,656 | 5,734 | 4,011 |
| Total revenues | 19,121 | 14,957 | 10,982 |
| Operating expenses: | |||
| Cost of equipment and services revenues | 7,096 | 4,877 | 3,301 |
| Research and development | 3,915 | 2,995 | 2,451 |
| Selling, general and administrative | 2,324 | 1,945 | 1,503 |
| Other | 104 | 114 | 0 |
| Total operating expenses | 13,439 | 9,931 | 7,255 |
| Operating income | 5,682 | 5,026 | 3,727 |
| Investment income, net | 880 | 661 | 766 |
| Income from continuing operations before income taxes | 6,562 | 5,687 | 4,493 |
| Income tax expense | (1,279) | (1,132) | (973) |
| Income from continuing operations | 5,283 | 4,555 | 3,520 |
| Discontinued operations, net of income taxes | 776 | (313) | (273) |
| Net income | 6,059 | 4,242 | 3,247 |
| Net loss attributable to noncontrolling interests | 50 | 18 | 0 |
| Net income attributable to Qualcomm | 6,109 | 4,260 | 3,247 |
| Basic earnings (loss) per share attributable to Qualcomm: | |||
| Continuing operations | 3.14 | 2.76 | 2.15 |
| Discontinued operations | 0.45 | (0.19) | (0.17) |
| Net income | 3.59 | 2.57 | 1.98 |
| Diluted earnings (loss) per share attributable to Qualcomm: | |||
| Continuing operations | 3.06 | 2.70 | 2.12 |
| Discontinued operations | 0.45 | (0.18) | (0.16) |
| Net income | 3.51 | 2.52 | 1.96 |
| Shares used in per share calculations: | |||
| Basic | 1,700 | 1,658 | 1,643 |
| Diluted | 1,741 | 1,691 | 1,658 |
| Dividends per share announced | 0.93 | 0.81 | 0.72 |
10-K.Info (Beta Test) Courtesy of Short Sands, LLC | |||
QUALCOMM INC/DE | |||
Ticker: QCOM Fiscal Year: 2012 | |||
Consolidated Statements of Cash Flows | |||
Period Ending Sept 30, 2012 10-K (Filed: Nov 7, 2012) | |||
| (In Millions, except shares in actual) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| Sept 30, 2012 | Sept 25, 2011 | Sept 26, 2010 | |
| Operating Activities: | |||
| Net income | $ 6,059 | 4,242 | 3,247 |
| Adjustments to reconcile net income to net cash provided by operating activities: | |||
| Depreciation and amortization | 897 | 1,061 | 666 |
| Gain on sale of wireless spectrum | (1,179) | 0 | 0 |
| Goodwill impairment | 23 | 114 | 0 |
| Revenues related to non-monetary exchanges | (122) | (123) | (130) |
| Income tax provision in excess of (less than) income tax payments | 395 | (1,204) | 116 |
| Non-cash portion of share-based compensation expense | 1,035 | 824 | 612 |
| Incremental tax benefit from stock options exercised | (168) | (183) | (45) |
| Net realized gains on marketable securities and other investments | (369) | (337) | (405) |
| Net impairment losses on marketable securities and other investments | 83 | 52 | 125 |
| (Gains) losses on derivative instruments | (84) | 3 | (3) |
| Other items, net | 93 | 9 | (61) |
| Changes in assets and liabilities, net of effects of acquisitions: | |||
| Accounts receivable, net | (456) | (140) | (18) |
| Inventories | (252) | (62) | (80) |
| Other assets | (240) | (70) | (60) |
| Trade accounts payable | 371 | (26) | 148 |
| Payroll, benefits and other liabilities | (341) | 572 | (229) |
| Unearned revenues | 253 | 168 | 193 |
| Net cash provided by operating activities | 5,998 | 4,900 | 4,076 |
| Investing Activities: | |||
| Capital expenditures | (1,284) | (593) | (426) |
| Advance payment on spectrum | 0 | 0 | (1,064) |
| Purchases of available-for-sale securities | (15,511) | (10,948) | (8,973) |
| Proceeds from sale of available-for-sale securities | 9,858 | 10,661 | 10,440 |
| Purchases of trading securities | (4,009) | 0 | 0 |
| Proceeds from sale of trading securities | 3,060 | 0 | 0 |
| Purchases of other marketable securities | 0 | 0 | (850) |
| Proceeds from sale of wireless spectrum | 1,925 | 0 | 0 |
| Acquisitions and other investments, net of cash acquired | (833) | (3,624) | (94) |
| Other items, net | (83) | 15 | 128 |
| Net cash used by investing activities | (6,877) | (4,489) | (839) |
| Financing Activities: | |||
| Borrowings under loans and debentures | 710 | 1,555 | 1,064 |
| Repayment of loans | (591) | (1,555) | 0 |
| Proceeds from issuance of common stock | 1,714 | 2,647 | 689 |
| Proceeds from issuance of subsidiary shares to noncontrolling interests | 86 | 62 | 0 |
| Incremental tax benefit from stock options exercised | 168 | 183 | 45 |
| Repurchase and retirement of common stock | (1,313) | (142) | (3,016) |
| Dividends paid | (1,583) | (1,346) | (1,177) |
| Other items, net | 52 | 114 | (10) |
| Net cash (used) provided by financing activities | (757) | 1,518 | (2,405) |
| Effect of exchange rate changes on cash | (19) | (14) | (2) |
| Net (decrease) increase in cash and cash equivalents | (1,655) | 1,915 | 830 |
| Cash and cash equivalents at beginning of year | 5,462 | 3,547 | |
| Cash and cash equivalents at end of year | 3,807 | 5,462 | 3,547 |
10-K.Info (Beta Test) Courtesy of Short Sands, LLC | ||
QUALCOMM INC/DE | ||
Ticker: QCOM Fiscal Year: 2012 | ||
Consolidated Balance Sheets | ||
Period Ending Sept 30, 2012 10-K (Filed: Nov 7, 2012) | ||
| (In Millions, except shares in actual) | ||
| As of | As of | |
| Sept 30, 2012 | Sept 25, 2011 | |
| ASSETS | ||
| Current assets: | ||
| Cash and cash equivalents | $ 3,807 | 5,462 |
| Marketable securities | 8,567 | 6,190 |
| Accounts receivable, net | 1,459 | 993 |
| Inventories | 1,030 | 765 |
| Deferred tax assets | 309 | 537 |
| Other current assets | 473 | 346 |
| Total current assets | 15,645 | 14,293 |
| Marketable securities | 14,463 | 9,261 |
| Deferred tax assets | 1,412 | 1,703 |
| Assets held for sale | 1,109 | 746 |
| Property, plant and equipment, net | 2,851 | 2,414 |
| Goodwill | 3,917 | 3,432 |
| Other intangible assets, net | 2,938 | 3,099 |
| Other assets | 677 | 1,474 |
| Total assets | 43,012 | 36,422 |
| LIABILITIES AND STOCKHOLDERS' EQUITY | ||
| Current liabilities: | ||
| Trade accounts payable | 1,298 | 969 |
| Payroll and other benefits related liabilities | 664 | 644 |
| Unearned revenues | 545 | 610 |
| Loans and debentures | 0 | 994 |
| Liabilities held for sale (Note 2) | 1,072 | 0 |
| Other current liabilities | 1,723 | 2,072 |
| Total current liabilities | 5,302 | 5,289 |
| Unearned revenues | 3,739 | 3,541 |
| Other liabilities | 426 | 620 |
| Total liabilities | 9,467 | 9,450 |
| Commitments and contingencies | ||
| Stockholders' equity: | ||
| Preferred stock, $0.0001 par value; issuable in series; 8 shares authorized; none outstanding | 0 | 0 |
| Common stock, $0.0001 par value; 6,000 shares authorized; 1,706 and 1,681 shares issued and outstanding, respectively | 0 | 0 |
| Paid-in capital | 11,956 | 10,394 |
| Retained earnings | 20,701 | 16,204 |
| Accumulated other comprehensive income | 866 | 353 |
| Total Qualcomm stockholders' equity | 33,523 | 26,951 |
| Noncontrolling interests | 22 | 21 |
| Total stockholders equity | 33,545 | 26,972 |
| Total liabilities and stockholders' equity | 43,012 | 36,422 |
| External Links | |
| QUALCOMM INC/DE (QCOM) Fiscal Year 2012 | |
| 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 |