Quarterly report pursuant to Section 13 or 15(d)

Segment Information

v3.23.2
Segment Information
 9 Months Ended
Jun. 25, 2023
Segment Reporting [Abstract]  
Segment Information Segment InformationWe are organized on the basis of products and services and have three reportable segments. We conduct business primarily through our QCT semiconductor business and our QTL licensing business. QCT develops and supplies integrated circuits and system software based on 3G/4G/5G and other technologies, including RFFE, for use in mobile devices; automotive systems for connectivity, digital cockpit and ADAS/AD; and IoT including consumer electronic devices; industrial devices; and edge networking products. QTL grants licenses or otherwise provides rights to use portions of our intellectual property portfolio, which includes certain patent rights essential to and/or useful in the manufacture and sale of certain wireless products. Our QSI (Qualcomm Strategic Initiatives) reportable segment makes strategic investments. We also have nonreportable segments, including QGOV (Qualcomm Government Technologies) and our cloud AI inference processing initiative.
The table below presents revenues and EBT for reportable segments (in millions):
Three Months Ended Nine Months Ended
June 25,
2023		 June 26,
2022		 June 25,
2023		 June 26,
2022
Revenues
QCT $ 7,174  $ 9,378  $ 23,008  $ 27,773 
QTL 1,230  1,519  4,044  4,917 
QSI 9  8  22  22 
Reconciling items 38  31  115  93 
Total $ 8,451  $ 10,936  $ 27,189  $ 32,805 
EBT
QCT $ 1,744  $ 2,996  $ 6,035  $ 9,450 
QTL 811  1,080  2,799  3,640 
QSI (21) (101) (83) (248)
Reconciling items (777) 264  (2,728) (1,314)
Total $ 1,757  $ 4,239  $ 6,023  $ 11,528 
Reconciling items for revenues and EBT in the previous table were as follows (in millions):
Three Months Ended Nine Months Ended
June 25,
2023		 June 26,
2022		 June 25,
2023		 June 26,
2022
Revenues
Nonreportable segments $ 38  $ 31  $ 115  $ 93 
EBT
Unallocated cost of revenues $ (42) $ (76) $ (155) $ (182)
Unallocated research and development expenses (520) (408) (1,537) (1,294)
Unallocated selling, general and administrative expenses (172) (171) (464) (462)
Unallocated other income (expenses) (Note 2) 4  1,059  (285) 1,059 
Unallocated interest expense (172) (69) (520) (345)
Unallocated investment and other income (expense), net 130  (58) 252  (68)
Nonreportable segments (5) (13) (19) (22)
$ (777) $ 264  $ (2,728) $ (1,314)