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 6 Months Ended
Mar. 27, 2016
Mar. 29, 2015
Mar. 27, 2016
Mar. 29, 2015
Revenues:        
Equipment and services $ 3,349 $ 4,403 $ 7,436 $ 9,619
Licensing 2,202 2,491 3,890 4,374
Total revenues 5,551 6,894 11,326 13,993
Costs and expenses:        
Cost of equipment and services revenues 2,141 2,628 4,675 5,676
Research and development 1,301 1,375 2,653 2,726
Selling, general and administrative 619 545 1,198 1,128
Other (Note 2) 75 1,010 (299) 1,063
Total costs and expenses 4,136 5,558 8,227 10,593
Operating income 1,415 1,336 3,099 3,400
Interest expense (72) (1) (145) (2)
Investment income, net (Note 2) 127 204 226 439
Income before income taxes 1,470 1,539 3,180 3,837
Income tax expense (306) (487) (520) (814)
Net income 1,164 1,052 2,660 3,023
Net loss attributable to noncontrolling interests 0 1 2 2
Net income attributable to Qualcomm $ 1,164 $ 1,053 $ 2,662 $ 3,025
Basic earnings per share attributable to Qualcomm $ 0.78 $ 0.64 $ 1.78 $ 1.83
Diluted earnings per share attributable to Qualcomm $ 0.78 $ 0.63 $ 1.77 $ 1.80
Shares used in per share calculations:        
Basic 1,487 1,645 1,495 1,653
Diluted 1,498 1,667 1,507 1,677
Dividends per share announced $ 0.48 $ 0.42 $ 0.96 $ 0.84