Annual report pursuant to Section 13 and 15(d)

CONSOLIDATED BALANCE SHEETS

v3.5.0.2
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Sep. 25, 2016
Sep. 27, 2015
Current assets:    
Cash and cash equivalents $ 5,946 $ 7,560
Marketable securities 12,702 9,761
Accounts receivable, net 2,219 1,964
Inventories 1,556 1,492
Deferred tax assets 0 635
Other current assets 558 687
Total current assets 22,981 22,099
Marketable securities 13,702 13,626
Deferred tax assets 2,030 1,453
Property, plant and equipment, net 2,306 2,534
Goodwill [1] 5,679 5,479
Other intangible assets, net 3,500 3,742
Other assets 2,161 1,863
Total assets 52,359 50,796
Current liabilities:    
Trade accounts payable 1,858 1,300
Payroll and other benefits related liabilities 934 861
Unearned revenues 509 583
Short-term debt 1,749 1,000
Other current liabilities 2,261 2,356
Total current liabilities 7,311 6,100
Unearned revenues 2,377 2,496
Long-term debt 10,008 9,969
Other liabilities 895 817
Total liabilities 20,591 19,382
Commitments and contingencies (Note 7)
Stockholders’ equity:    
Preferred stock, $0.0001 par value; 8 shares authorized; none outstanding 0 0
Common stock and paid-in capital, $0.0001 par value; 6,000 shares authorized; 1,476 and 1,524 shares issued and outstanding, respectively 414 0
Retained earnings 30,936 31,226
Accumulated other comprehensive income 428 195
Total Qualcomm stockholders’ equity 31,778 31,421
Noncontrolling interests (10) (7)
Total stockholders’ equity 31,768 31,414
Total liabilities and stockholders’ equity $ 52,359 $ 50,796
[1] Cumulative goodwill impairments were $537 million and $520 million at September 25, 2016 and September 27, 2015, respectively.