Quarterly report pursuant to Section 13 or 15(d)

Segment Information

v3.24.0.1
Segment Information
 3 Months Ended
Dec. 24, 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 (radio frequency front-end), 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 computing processing initiative.
The table below presents revenues and earnings (loss) before income taxes (EBT) for reportable segments (in millions):
Three Months Ended
December 24,
2023		 December 25,
2022
Revenues
QCT $ 8,423  $ 7,892 
QTL 1,460  1,524 
QSI 13  7 
Reconciling items 39  40 
Total $ 9,935  $ 9,463 
EBT
QCT $ 2,593  $ 2,183 
QTL 1,080  1,117 
QSI 11  (8)
Reconciling items (722) (921)
Total $ 2,962  $ 2,371 
Reconciling items for revenues and EBT in the previous table were as follows (in millions):
Three Months Ended
December 24,
2023		 December 25,
2022
Revenues
Nonreportable segments $ 39  $ 40 
EBT
Unallocated cost of revenues $ (56) $ (65)
Unallocated research and development expenses (533) (522)
Unallocated selling, general and administrative expenses (185) (167)
Unallocated other income (expenses)
 28  (80)
Unallocated interest expense (178) (170)
Unallocated investment and other income, net
 208  87 
Nonreportable segments (6) (4)
$ (722) $ (921)