QUALCOMM Incorporated Annual report pursuant to Section 13 and 15(d)

Fair Value Measurements (Tables)

Fair Value Measurements (Tables)

12 Months Ended

Sep. 29, 2013

Notes to Financial Statements [Abstract]

Fair value hierarchy for assets measured at fair value on a recurring basis [Table Text Block]



	Level 1		Level 2		Level 3		Total
Assets
Cash equivalents	$	4,206	$	1,346	$	—	$	5,552
Marketable securities
U.S. Treasury securities and government-related securities	648		434		—		1,082
Corporate bonds and notes	—		11,870		—		11,870
Mortgage- and asset-backed securities	—		938		239		1,177
Auction rate securities	—		—		83		83
Common and preferred stock	1,541		818		—		2,359
Equity funds	960		—		—		960
Debt funds	2,157		3,576		—		5,733
Total marketable securities	5,306		17,636		322		23,264
Derivative instruments	—		40		—		40
Other investments	243		—		—		243
Total assets measured at fair value	$	9,755	$	19,022	$	322	$	29,099
Liabilities
Derivative instruments	$	2	$	21	$	—	$	23
Other liabilities	244		—		—		244
Total liabilities measured at fair value	$	246	$	21	$	—	$	267

Activity for marketable securities classified within Level 3 of the valuation hierarchy

The following table includes the activity for marketable securities and other liabilities classified within Level 3 of the valuation hierarchy (in millions):



	2013						2012
	Auction Rate Securities			Mortgage- and Asset-Backed Securities			Auction Rate Securities			Mortgage- and Asset-Backed Securities			Other Liabilities
Beginning balance of Level 3	$	118		$	203		$	124		$	27		$	7
Total realized and unrealized gains or losses:
Included in investment income, net	—			8			—			5			(7		)
Included in other comprehensive income	1			(6		)	—			7			—
Purchases	—			163			—			149			—
Sales	—			(70		)	—			—			—
Settlements	(36		)	(77		)	(6		)	(28		)	—
Transfers into Level 3	—			18			—			43			—
Ending balance of Level 3	$	83		$	239		$	118		$	203		$	—

- Definition

Tabular disclosure of the fair value measurement of assets using significant unobservable inputs (Level 3), a reconciliation of the beginning and ending balances, separately presenting changes during the period attributable to the following: (1) total gains or losses for the period (realized and unrealized), segregating those gains or losses included in earnings (or changes in net assets) and gains or losses recognized in other comprehensive income (loss), and a description of where those gains or losses included in earnings (or changes in net assets) are reported in the statement of income (or activities); (2) purchases, sales, issues, and settlements (each type disclosed separately); and (3) transfers in and transfers out of Level 3 (for example, transfers due to changes in the observability of significant inputs), by class of asset.

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