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 9 Months Ended
Jun. 26, 2016
Jun. 28, 2015
Jun. 26, 2016
Jun. 28, 2015
Revenues:        
Equipment and services $ 3,875 $ 3,840 $ 11,311 $ 13,459
Licensing 2,169 1,992 6,059 6,366
Total revenues 6,044 5,832 17,370 19,825
Costs and expenses:        
Cost of equipment and services revenues 2,534 2,451 7,210 8,126
Research and development 1,268 1,407 3,922 4,133
Selling, general and administrative 620 621 1,817 1,749
Other (Note 2) 30 118 (270) 1,181
Total costs and expenses 4,452 4,597 12,679 15,189
Operating income 1,592 1,235 4,691 4,636
Interest expense (75) (32) (221) (34)
Investment income, net (Note 2) 176 195 403 634
Income before income taxes 1,693 1,398 4,873 5,236
Income tax expense (250) (215) (770) (1,029)
Net income 1,443 1,183 4,103 4,207
Net loss attributable to noncontrolling interests 1 1 3 2
Net income attributable to Qualcomm $ 1,444 $ 1,184 $ 4,106 $ 4,209
Basic earnings per share attributable to Qualcomm $ 0.98 $ 0.74 $ 2.76 $ 2.57
Diluted earnings per share attributable to Qualcomm $ 0.97 $ 0.73 $ 2.74 $ 2.53
Shares used in per share calculations:        
Basic 1,471 1,608 1,487 1,638
Diluted 1,486 1,629 1,500 1,661
Dividends per share announced $ 0.53 $ 0.48 $ 1.49 $ 1.32