Quarterly report pursuant to Section 13 or 15(d)

Segment Information

v3.23.1
Segment Information
 6 Months Ended
Mar. 26, 2023
Segment Reporting [Abstract]  
Segment Information Segment Information
We are organized on the basis of products and services and have three reportable segments. We conduct business primarily through our QCT semiconductor business and our QTL licensing business. QCT develops and supplies integrated circuits and system software based on 3G/4G/5G and other technologies, including RFFE, for use in mobile devices; automotive systems for connectivity, digital cockpit and ADAS/AD; and IoT including consumer electronic devices; industrial devices; and edge networking products. QTL grants licenses or otherwise provides rights to use portions of our intellectual property portfolio, which includes certain patent rights essential to and/or useful in the manufacture and sale of certain wireless products. Our QSI (Qualcomm Strategic Initiatives) reportable segment makes strategic investments. We also have nonreportable segments, including QGOV (Qualcomm Government Technologies) and our cloud AI inference processing initiative.
The table below presents revenues and EBT for reportable segments (in millions):
Three Months Ended Six Months Ended
March 26,
2023		 March 27,
2022		 March 26,
2023		 March 27,
2022
Revenues
QCT $ 7,942  $ 9,548  $ 15,834  $ 18,395 
QTL 1,290  1,580  2,814  3,398 
QSI 7  6  13  14 
Reconciling items 36  30  77  61 
Total $ 9,275  $ 11,164  $ 18,738  $ 21,868 
EBT
QCT $ 2,107  $ 3,340  $ 4,291  $ 6,455 
QTL 871  1,154  1,988  2,560 
QSI (53) (269) (61) (147)
Reconciling items (1,030) (802) (1,952) (1,579)
Total $ 1,895  $ 3,423  $ 4,266  $ 7,289 
Reconciling items for revenues and EBT in the previous table were as follows (in millions):
Three Months Ended Six Months Ended
March 26,
2023		 March 27,
2022		 March 26,
2023		 March 27,
2022
Revenues
Nonreportable segments $ 36  $ 30  $ 77  $ 61 
EBT
Unallocated cost of revenues $ (47) $ (53) $ (112) $ (106)
Unallocated research and development expenses (494) (433) (1,018) (886)
Unallocated selling, general and administrative expenses (126) (138) (292) (292)
Unallocated other expenses (Note 2) (208) —  (288) — 
Unallocated interest expense (178) (137) (348) (275)
Unallocated investment and other income (expense), net 36  (34) 123  (11)
Nonreportable segments (13) (7) (17) (9)
$ (1,030) $ (802) $ (1,952) $ (1,579)