Annual report pursuant to Section 13 and 15(d)

Summarized Quarterly Data (Unaudited) (Details)

v3.20.2
Summarized Quarterly Data (Unaudited) (Details) - USD ($)
$ / shares in Units, $ in Millions
 3 Months Ended 12 Months Ended
Sep. 27, 2020
Jun. 28, 2020
Mar. 29, 2020
Dec. 29, 2019
Sep. 29, 2019
Jun. 30, 2019
Mar. 31, 2019
Dec. 30, 2018
Sep. 27, 2020
Sep. 29, 2019
Sep. 30, 2018
Loss Contingencies [Line Items]                      
Revenues $ 8,346 [1] $ 4,893 $ 5,216 [1] $ 5,077 [1] $ 4,814 [2] $ 9,635 [2] $ 4,982 [2] $ 4,842 [2] $ 23,531 $ 24,273 $ 22,611
Operating income 3,452 [1] 782 991 [1] 1,030 [1] 701 [2] 5,317 [2] 940 [2] 710 [2] 6,255 7,667 621
Net income $ 2,960 [1] $ 845 $ 468 [1] $ 925 [1] $ 506 [2] $ 2,149 [2] $ 663 [2] $ 1,068 [2] $ 5,198 $ 4,386 $ (4,964)
Basic earnings per share $ 2.62 [3] $ 0.75 $ 0.41 $ 0.81 [3] $ 0.42 [3] $ 1.77 [3] $ 0.55 [3] $ 0.88 [3] $ 4.58 $ 3.63 $ (3.39)
Diluted earnings per share $ 2.58 [3] $ 0.74 $ 0.41 $ 0.80 [3] $ 0.42 [3] $ 1.75 [3] $ 0.55 [3] $ 0.87 [3] $ 4.52 $ 3.59 $ (3.39)
Other than Temporary Impairment Losses, Investments     $ 265           $ 405 $ 135 $ 75
Licensing Revenues                 7,233 9,662 5,211
Income Tax Expense (Benefit)                 521 3,095 5,356
Huawei [Member]                      
Loss Contingencies [Line Items]                      
Revenues $ 1,800                    
Distributed Intellectual Property [Member]                      
Loss Contingencies [Line Items]                      
Income Tax Expense (Benefit), Continuing Operations, Adjustment of Deferred Tax (Asset) Liability           $ 2,500     0 2,472 0
U.S. Tax Cuts and Jobs Act Effective 2018 [Member]                      
Loss Contingencies [Line Items]                      
Income Tax Expense (Benefit)               $ (570)     5,700
Income Tax Expense (Benefit), Continuing Operations, Adjustment of Deferred Tax (Asset) Liability                 $ 0 $ 0 $ 443
Apple [Member]                      
Loss Contingencies [Line Items]                      
Licensing Revenues           4,700          
Icera Complaint to EC [Member]                      
Loss Contingencies [Line Items]                      
Loss Contingency, Loss in Period           $ 275          
[1] Revenues, operating income and net income in the fourth quarter of fiscal 2020 included $1.8 billion resulting from the settlement of our prior dispute with Huawei. Net income in the second quarter of fiscal 2020 was impacted by $265 million in non-marketable investment impairments due in part from the impact that the COVID-19 pandemic had on certain of our investees.
[2] Revenues, operating income and net income in the third quarter of fiscal 2019 included $4.7 billion resulting from the settlement with Apple and its contract manufacturers. Operating income and net income in the third quarter of fiscal 2019 were impacted by a $275 million charge related to the 2019 EC Fine. Net income in the first quarter of fiscal 2019 was impacted by an income tax benefit of $570 million due to establishing new U.S. net deferred tax assets from making certain check-the-box elections. Net income in the third quarter of fiscal 2019 was impacted by a $2.5 billion charge to income tax expense resulting from the derecognition of a deferred tax asset related to the distributed intellectual property.
[3] Earnings per share and earnings per share are computed independently for each quarter and the full year based upon respective average shares outstanding. Therefore, the sum of the quarterly earnings per share amounts may not equal the annual amounts reported.