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. 25, 2017
Jun. 26, 2016
Jun. 25, 2017
Jun. 26, 2016
Revenues:        
Equipment and services $ 4,121 $ 3,875 $ 11,949 $ 11,311
Licensing 1,250 2,169 4,438 6,059
Total revenues 5,371 6,044 16,387 17,370
Costs and expenses:        
Cost of revenues 2,488 2,534 7,140 7,210
Research and development 1,391 1,268 4,087 3,922
Selling, general and administrative 710 620 1,917 1,817
Other (Note 2) 9 30 962 (270)
Total costs and expenses 4,598 4,452 14,106 12,679
Operating income 773 1,592 2,281 4,691
Interest expense (133) (75) (330) (221)
Investment and other income, net (Note 2) 218 176 635 403
Income before income taxes 858 1,693 2,586 4,873
Income tax benefit (expense) 7 (250) (290) (770)
Net income 865 1,443 2,296 4,103
Net loss attributable to noncontrolling interests 1 1 1 3
Net income attributable to Qualcomm $ 866 $ 1,444 $ 2,297 $ 4,106
Basic earnings per share attributable to Qualcomm $ 0.59 $ 0.98 $ 1.55 $ 2.76
Diluted earnings per share attributable to Qualcomm $ 0.58 $ 0.97 $ 1.54 $ 2.74
Shares used in per share calculations:        
Basic 1,478 1,471 1,478 1,487
Diluted 1,491 1,486 1,491 1,500
Dividends per share announced $ 0.57 $ 0.53 $ 1.63 $ 1.49