QUALCOMM Incorporated Quarterly report pursuant to Section 13 or 15(d)

Quarterly report pursuant to Section 13 or 15(d)

Acquisitions

Acquisitions

6 Months Ended

Mar. 26, 2017

Schedule of Business Acquisitions by Acquisition [Table Text Block]

The total purchase price consisted of the following (in millions):



Cash paid to TDK	$	1,463
Fair value of Put and Call Option	1,112
Fair value of contingent consideration and other deferred payments	492
Total purchase price	$	3,067

Schedule of Recognized Identified Assets Acquired and Liabilities Assumed [Table Text Block]

The preliminary allocation of the purchase price to the assets acquired and liabilities assumed based on their fair values was as follows (in millions):



Cash and cash equivalents	$	306
Accounts receivable	303
Inventories	261
Intangible assets subject to amortization:
Technology-based intangible assets	738
Customer-related intangible assets	87
Marketing-related intangible assets	8
In-process research and development (IPR&D)	75
Property, plant and equipment	838
Goodwill	808
Other assets	42
Total assets	$	3,466
Liabilities	(399		)
	$	3,067

Business Acquisition, Pro Forma Information [Table Text Block]

The unaudited pro forma results presented below include adjustments for the step-up of inventories to fair value, amortization and depreciation of identified intangible assets and property, plant and equipment, adjustments for certain acquisition-related charges, interest expense related to the Put and Call Option and related tax effects (in millions):



	(Unaudited)
	Three Months Ended				Six Months Ended
	March 26, 2017		March 27, 2016		March 26, 2017		March 27, 2016
Revenues	$	6,108	$	5,799	$	12,504	$	11,810
Net income attributable to Qualcomm	1,481		1,182		2,236		2,651