QUALCOMM Incorporated Annual report pursuant to Section 13 and 15(d)

Annual report pursuant to Section 13 and 15(d)

Fair Value Measurements (Tables)

Fair Value Measurements (Tables)

12 Months Ended

Sep. 30, 2018

Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]

Fair value hierarchy for assets and liabilities measured at fair value on a recurring basis

The following table presents our fair value hierarchy for assets and liabilities measured at fair value on a recurring basis at September 30, 2018 (in millions):



	Level 1		Level 2		Level 3		Total
Assets
Cash equivalents	$	7,147	$	2,867	$	—	$	10,014
Marketable securities:
Corporate bonds and notes	—		144		—		144
Auction rate securities	—		—		35		35
Equity and preferred securities	167		—		—		167
Total marketable securities	167		144		35		346
Derivative instruments	—		3		—		3
Other investments	380		—		16		396
Total assets measured at fair value	$	7,694	$	3,014	$	51	$	10,759
Liabilities
Derivative instruments	$	—	$	71	$	—	$	71
Other liabilities	380		—		86		466
Total liabilities measured at fair value	$	380	$	71	$	86	$	537

Activity for assets classified within Level 3 of the valuation hierarchy

The following table includes the activity for marketable securities, other investments and other liabilities classified within Level 3 of the valuation hierarchy (in millions):



	2018									2017
	Marketable Securities			Other Investments			Other Liabilities			Marketable Securities			Other Investments			Other Liabilities
Beginning balance of Level 3	$	40		$	125		$	196		$	43		$	37		$	—
Total realized and unrealized gains or losses:
Included in selling, general and administrative and other expenses	—			—			(64		)	—			—			(7		)
Included in investment and other income, net	—			6			—			—			3			—
Included in other comprehensive (loss) income	—			7			—			—			8			—
Issuances	—			—			—			—			—			203
Purchases	—			7			—			—			111			—
Sales	—			—			—			—			—			—
Settlements	(5		)	(129		)	(46		)	(3		)	(34		)	—
Transfers into Level 3	—			—			—			—			—			—
Transfers out of Level 3	—			—			—			—			—			—
Ending balance of Level 3	$	35		$	16		$	86		$	40		$	125		$	196

Activity for liabilities classified within Level 3 of the valuation hierarchy [Table Text Block]

The following table includes the activity for marketable securities, other investments and other liabilities classified within Level 3 of the valuation hierarchy (in millions):



	2018									2017
	Marketable Securities			Other Investments			Other Liabilities			Marketable Securities			Other Investments			Other Liabilities
Beginning balance of Level 3	$	40		$	125		$	196		$	43		$	37		$	—
Total realized and unrealized gains or losses:
Included in selling, general and administrative and other expenses	—			—			(64		)	—			—			(7		)
Included in investment and other income, net	—			6			—			—			3			—
Included in other comprehensive (loss) income	—			7			—			—			8			—
Issuances	—			—			—			—			—			203
Purchases	—			7			—			—			111			—
Sales	—			—			—			—			—			—
Settlements	(5		)	(129		)	(46		)	(3		)	(34		)	—
Transfers into Level 3	—			—			—			—			—			—
Transfers out of Level 3	—			—			—			—			—			—
Ending balance of Level 3	$	35		$	16		$	86		$	40		$	125		$	196