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

Quarterly report pursuant to Section 13 or 15(d)

Marketable Securities (Notes)

Marketable Securities (Notes)

9 Months Ended

Jun. 30, 2019

Our marketable securities were comprised as follows (in millions):



	Current				Noncurrent (1)
	June 30, 2019		September 30, 2018		June 30, 2019		September 30, 2018
Available-for-sale debt securities:
Corporate bonds and notes	$	19	$	144	$	—	$	—
Auction rate securities	—		—		35		35
Total available-for-sale debt securities	19		144		35		35
Equity securities	416		167		1		—
Total marketable securities	$	435	$	311	$	36	$	35

(1) Noncurrent marketable securities were included in other assets.

The contractual maturities of available-for-sale debt securities were as follows (in millions):



	June 30, 2019
Years to Maturity
Less than one year	$	19
No single maturity date	35
Total	$	54

Debt securities with no single maturity date included auction rate securities.

During the three and nine months ended June 30, 2019, there were no realized gains or losses on sales of available-for-sale debt securities, and during the three months ended June 24, 2018, gross realized gains and losses were negligible. During the nine months ended June 24, 2018, gross realized gains and losses were $15 million and negligible, respectively. As of June 30, 2019 and September 30, 2018, unrealized gains and losses on available-for-sale debt securities were negligible. As of September 30, 2018, available-for-sale securities also included equity securities with a fair value of $167 million, including an unrealized gain of $63 million.