Quarterly report pursuant to Section 13 or 15(d)

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS

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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Millions, $ in Millions
3 Months Ended
Dec. 27, 2015
Dec. 28, 2014
Revenues:    
Equipment and services $ 4,087 $ 5,216
Licensing 1,688 1,883
Total revenues 5,775 7,099
Costs and expenses:    
Cost of equipment and services revenues 2,534 3,047
Research and development 1,352 1,352
Selling, general and administrative 578 583
Other (374) 53
Total costs and expenses 4,090 5,035
Operating income 1,685 2,064
Interest expense (74) (1)
Investment income, net (Note 2) 99 235
Income before income taxes 1,710 2,298
Income tax expense (214) (327)
Net income 1,496 1,971
Net loss attributable to noncontrolling interests 2 1
Net income attributable to Qualcomm $ 1,498 $ 1,972
Basic earnings per share attributable to Qualcomm $ 1.00 $ 1.19
Diluted earnings per share attributable to Qualcomm $ 0.99 $ 1.17
Shares used in per share calculations:    
Basic 1,502 1,661
Diluted 1,517 1,686
Dividends per share announced $ 0.48 $ 0.42