Quarterly report pursuant to Section 13 or 15(d)

Stockholders' Equity

v2.4.0.6
Stockholders' Equity
 3 Months Ended
Dec. 30, 2012
Notes to Financial Statements [Abstract]  
Note 5 - Stockholders' Equity
Note 5 — Stockholders' Equity
Changes in stockholders' equity for the three months ended December 30, 2012 were as follows (in millions):
 
Qualcomm Stockholders' Equity
 
Noncontrolling Interests
 
Total Stockholders' Equity
Balance at September 30, 2012
$
33,523

 
$
22

 
$
33,545

Net income (loss)
1,906

 
(3
)
 
1,903

Other comprehensive income (loss)
14

 
(1
)
 
13

Common stock issued under employee benefit plans and the related tax benefits, net of shares withheld for tax
296

 
—

 
296

Share-based compensation
283

 
—

 
283

Dividends
(435
)
 
—

 
(435
)
Stock repurchases
(250
)
 
—

 
(250
)
Other
(3
)
 
2

 
(1
)
Balance at December 30, 2012
$
35,334

 
$
20

 
$
35,354


Accumulated Other Comprehensive Income. Components of accumulated other comprehensive income in Qualcomm stockholders' equity consisted of the following (in millions):
 
December 30,
2012
 
September 30,
2012
Noncredit other-than-temporary impairment losses and subsequent changes in fair value related to certain available-for-sale debt securities, net of income taxes
$
26

 
$
29

Net unrealized gains on other available-for-sale securities, net of income taxes
943

 
942

Net unrealized gains on derivative instruments, net of income taxes
15

 
2

Foreign currency translation
(104
)
 
(107
)
 
$
880

 
$
866


At December 30, 2012 and September 30, 2012, accumulated other comprehensive income included $4 million and $7 million, respectively, of other-than-temporary losses on certain available-for-sale debt securities related to factors other than credit, net of income taxes.
Stock Repurchase Program. During the three months ended December 30, 2012 and December 25, 2011, the Company repurchased and retired 4,295,000 and 2,046,000 shares of the Company’s common stock for $250 million and $99 million, respectively, before commissions. At December 30, 2012, approximately $2.5 billion remained available for repurchase under the Company's stock repurchase program. The stock repurchase program has no expiration date.
Dividends. Cash dividends announced in the three months ended December 30, 2012 and December 25, 2011 were $0.25 and $0.215 per share, respectively. During the three months ended December 30, 2012 and December 25, 2011, dividends charged to retained earnings were $435 million and $368 million, respectively. On January 15, 2013, the Company announced a cash dividend of $0.25 per share on the Company's common stock, payable on March 27, 2013 to stockholders of record as of March 8, 2013.