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: 2013 | |||
Consolidated Statements of Operations | |||
Period Ending Sept 29, 2013 10-K (Filed: Nov 6, 2013) | |||
| (In Millions) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| Sept 29, 2013 | Sept 30, 2012 | Sept 25, 2011 | |
| Revenues: | |||
| Equipment and services | $ 16,988 | 12,465 | 9,223 |
| Licensing | 7,878 | 6,656 | 5,734 |
| Total revenues | 24,866 | 19,121 | 14,957 |
| Costs and expenses: | |||
| Cost of equipment and services revenues | 9,820 | 7,096 | 4,877 |
| Research and development | 4,967 | 3,915 | 2,995 |
| Selling, general and administrative | 2,518 | 2,270 | 1,945 |
| Other (Note 2 and 7) | 331 | 158 | 114 |
| Total costs and expenses | 17,636 | 13,439 | 9,931 |
| Operating income | 7,230 | 5,682 | 5,026 |
| Investment income, net (Note 3) | 964 | 880 | 661 |
| Income from continuing operations before income taxes | 8,194 | 6,562 | 5,687 |
| Income tax expense | (1,349) | (1,279) | (1,132) |
| Income from continuing operations | 6,845 | 5,283 | 4,555 |
| Discontinued operations, net of income taxes (Note 11) | 0 | 776 | (313) |
| Net income | 6,845 | 6,059 | 4,242 |
| Net loss attributable to noncontrolling interests | 8 | 50 | 18 |
| Net income attributable to Qualcomm | 6,853 | 6,109 | 4,260 |
| Basic earnings (loss) per share attributable to Qualcomm: | |||
| Continuing operations | 3.99 | 3.14 | 2.76 |
| Discontinued operations | 0.00 | 0.45 | (0.19) |
| Net income | 3.99 | 3.59 | 2.57 |
| Diluted earnings (loss) per share attributable to Qualcomm: | |||
| Continuing operations | 3.91 | 3.06 | 2.70 |
| Discontinued operations | 0.00 | 0.45 | (0.18) |
| Net income | 3.91 | 3.51 | 2.52 |
| Shares used in per share calculations: | |||
| Basic | 1,715 | 1,700 | 1,658 |
| Diluted | 1,754 | 1,741 | 1,691 |
| Dividends per share announced | 1.20 | 0.93 | 0.81 |
10-K.Info (Beta Test) Courtesy of Short Sands, LLC | |||
QUALCOMM INC/DE | |||
Ticker: QCOM Fiscal Year: 2013 | |||
Consolidated Statement of Comprehensive Income Statement | |||
Period Ending Sept 29, 2013 10-K (Filed: Nov 6, 2013) | |||
| (In Millions, except shares in actual) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| Sept 29, 2013 | Sept 30, 2012 | Sept 25, 2011 | |
| Net income | $ 6,845 | 6,059 | 4,242 |
| Foreign currency translation | (20) | (19) | (9) |
| Reclassification of foreign currency translation losses included in net income | 11 | 0 | 0 |
| Noncredit other-than-temporary impairment losses and subsequent changes in fair value related to certain available-for-sale debt securities | (1) | 4 | (19) |
| Reclassification of net other-than-temporary losses on available-for-sale securities included in net income | 47 | 47 | 25 |
| Net unrealized gains (losses) on other available-for-sale securities and derivative instruments | 44 | 652 | (145) |
| Reclassification of net realized gains on available-for-sale securities and derivative instruments included in net income, net of income taxes of $107, $93 and $112, respectively | (195) | (169) | (199) |
| Total other comprehensive (loss) income | (114) | 515 | (347) |
| Total comprehensive income | 6,731 | 6,574 | 3,895 |
| Comprehensive loss attributable to noncontrolling interests | 9 | 46 | 21 |
| Comprehensive income attributable to Qualcomm | 6,740 | 6,620 | 3,916 |
10-K.Info (Beta Test) Courtesy of Short Sands, LLC | |||
QUALCOMM INC/DE | |||
Ticker: QCOM Fiscal Year: 2013 | |||
Consolidated Statements of Cash Flows | |||
Period Ending Sept 29, 2013 10-K (Filed: Nov 6, 2013) | |||
| (In Millions, except shares in actual) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| Sept 29, 2013 | Sept 30, 2012 | Sept 25, 2011 | |
| Operating Activities: | |||
| Net income | $ 6,845 | 6,059 | 4,242 |
| Adjustments to reconcile net income to net cash provided by operating activities: | |||
| Depreciation and amortization expense | 1,017 | 897 | 1,061 |
| Gain on sale of wireless spectrum | 0 | (1,179) | 0 |
| Goodwill and Long-Lived Asset Impairment | 192 | 84 | 128 |
| Revenues related to non-monetary exchanges | (123) | (122) | (123) |
| Income tax provision in excess of (less than) income tax payments | 268 | 395 | (1,204) |
| Non-cash portion of share-based compensation expense | 1,105 | 1,035 | 824 |
| Incremental tax benefit from share-based compensation | (231) | (168) | (183) |
| Net realized gains on marketable securities and other investments | (369) | (369) | (337) |
| Net impairment losses on marketable securities and other investments | 85 | 83 | 52 |
| Other items, net | 104 | (52) | (2) |
| Changes in assets and liabilities, net of effects of acquisitions: | |||
| Accounts receivable, net | (680) | (456) | (140) |
| Inventories | (300) | (252) | (62) |
| Other assets | (209) | (240) | (70) |
| Trade accounts payable | 307 | 371 | (26) |
| Payroll, benefits and other liabilities | 752 | (341) | 572 |
| Unearned revenues | 15 | 253 | 168 |
| Net cash provided by operating activities | 8,778 | 5,998 | 4,900 |
| Investing Activities: | |||
| Capital expenditures | (1,048) | (1,284) | (593) |
| Purchases of available-for-sale securities | (13,951) | (15,511) | (10,948) |
| Proceeds from sales and maturities of available-for-sale securities | 13,494 | 9,858 | 10,661 |
| Purchases of trading securities | (3,312) | (4,009) | 0 |
| Proceeds from sales and maturities of trading securities | 3,367 | 3,060 | 0 |
| Proceeds from sale of wireless spectrum | 0 | 1,925 | 0 |
| Acquisitions and other investments, net of cash acquired | (192) | (833) | (3,624) |
| Other items, net | 64 | (83) | 15 |
| Net cash used by investing activities | (1,578) | (6,877) | (4,489) |
| Financing Activities: | |||
| Borrowings under loans and debentures | 534 | 710 | 1,555 |
| Repayments of loans and debentures | (439) | (591) | (1,555) |
| Proceeds from issuance of common stock | 1,525 | 1,714 | 2,647 |
| Incremental tax benefit from share-based compensation | 231 | 168 | 183 |
| Repurchase and retirement of common stock | (4,610) | (1,313) | (142) |
| Dividends paid | (2,055) | (1,583) | (1,346) |
| Other items, net | (31) | 138 | 176 |
| Net cash (used) provided by financing activities | (4,845) | (757) | 1,518 |
| Changes in cash and cash equivalents held for sale | (15) | 0 | 0 |
| Effect of exchange rate changes on cash | (5) | (19) | (14) |
| Net increase (decrease) in cash and cash equivalents | 2,335 | (1,655) | 1,915 |
| Cash and cash equivalents at beginning of year | 3,807 | 5,462 | |
| Cash and cash equivalents at end of year | 6,142 | 3,807 | 5,462 |
10-K.Info (Beta Test) Courtesy of Short Sands, LLC | ||
QUALCOMM INC/DE | ||
Ticker: QCOM Fiscal Year: 2013 | ||
Consolidated Balance Sheets | ||
Period Ending Sept 29, 2013 10-K (Filed: Nov 6, 2013) | ||
| (In Millions, except shares in actual) | ||
| As of | As of | |
| Sept 29, 2013 | Sept 30, 2012 | |
| ASSETS | ||
| Current assets: | ||
| Cash and cash equivalents | $ 6,142 | 3,807 |
| Marketable securities | 8,824 | 8,567 |
| Accounts receivable, net | 2,142 | 1,459 |
| Inventories | 1,302 | 1,030 |
| Deferred tax assets | 573 | 309 |
| Other current assets | 572 | 473 |
| Total current assets | 19,555 | 15,645 |
| Marketable securities | 14,440 | 14,463 |
| Deferred tax assets | 1,059 | 1,412 |
| Assets held for sale | 72 | 1,109 |
| Property, plant and equipment, net | 2,995 | 2,851 |
| Goodwill | 3,976 | 3,917 |
| Other intangible assets, net | 2,553 | 2,938 |
| Other assets | 866 | 677 |
| Total assets | 45,516 | 43,012 |
| LIABILITIES AND STOCKHOLDERS' EQUITY | ||
| Current liabilities: | ||
| Trade accounts payable | 1,554 | 1,298 |
| Payroll and other benefits related liabilities | 839 | 664 |
| Unearned revenues | 501 | 545 |
| Liabilities held for sale | 43 | 1,072 |
| Other current liabilities | 2,276 | 1,723 |
| Total current liabilities | 5,213 | 5,302 |
| Unearned revenues | 3,666 | 3,739 |
| Other liabilities | 550 | 426 |
| Total liabilities | 9,429 | 9,467 |
| Commitments and contingencies (Note 7) | ||
| Stockholders' equity: | ||
| Preferred stock | 0 | 0 |
| Common stock | 0 | 0 |
| Paid-in capital | 9,874 | 11,956 |
| Retained earnings | 25,461 | 20,701 |
| Accumulated other comprehensive income | 753 | 866 |
| Total Qualcomm stockholders' equity | 36,088 | 33,523 |
| Noncontrolling interests | (1) | 22 |
| Total stockholders equity | 36,087 | 33,545 |
| Total liabilities and stockholders' equity | 45,516 | 43,012 |
| External Links | |
| QUALCOMM INC/DE (QCOM) Fiscal Year 2013 | |
| 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 |