Annual report pursuant to Section 13 and 15(d)

CONSOLIDATED STATEMENTS OF OPERATIONS

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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Millions, $ in Millions
12 Months Ended
Sep. 29, 2019
Sep. 30, 2018
Sep. 24, 2017
Revenues:      
Equipment and services $ 14,611 $ 17,400 $ 16,647
Licensing 9,662 5,211 5,611
Total revenues 24,273 22,611 22,258
Costs and expenses:      
Cost of revenues 8,599 10,244 9,792
Research and development 5,398 5,625 5,485
Selling, general and administrative 2,195 2,986 2,658
Other 414 3,135 1,742
Total costs and expenses 16,606 21,990 19,677
Operating income 7,667 621 2,581
Interest expense (627) (768) (494)
Investment and other income, net 441 539 900
Income before income taxes 7,481 392 2,987
Income tax expense (3,095) (5,356) (543)
Net income (loss) 4,386 (4,964) 2,444
Net loss attributable to noncontrolling interests 0 0 1
Net income (loss) attributable to Qualcomm $ 4,386 $ (4,964) $ 2,445
Basic earnings (loss) per share attributable to Qualcomm $ 3.63 $ (3.39) $ 1.66
Diluted earnings (loss) per share attributable to Qualcomm $ 3.59 $ (3.39) $ 1.64
Shares used in per share calculations:      
Basic 1,210 1,463 1,477
Diluted 1,220 1,463 1,490