|
Segment Information (Tables)
|
6 Months Ended |
|
Mar. 30, 2014
|
| Notes to Financial Statements [Abstract] |
|
| Revenues and EBT for reportable segments |
The table below presents revenues and EBT for reportable segments (in millions):
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
QCT |
|
QTL |
|
QSI |
|
Reconciling
Items
|
|
Total |
For the three months ended: |
|
|
|
|
|
|
|
|
|
March 30, 2014 |
|
|
|
|
|
|
|
|
|
Revenues |
$ |
4,243 |
|
|
$ |
2,071 |
|
|
$ |
— |
|
|
$ |
53 |
|
|
$ |
6,367 |
|
EBT |
740 |
|
|
1,834 |
|
|
(39 |
) |
|
(263 |
) |
|
2,272 |
|
March 31, 2013* |
|
|
|
|
|
|
|
|
|
Revenues |
$ |
3,916 |
|
|
$ |
2,057 |
|
|
$ |
— |
|
|
$ |
151 |
|
|
$ |
6,124 |
|
EBT |
681 |
|
|
1,803 |
|
|
33 |
|
|
(381 |
) |
|
2,136 |
|
|
|
|
|
|
|
|
|
|
|
For the six months ended: |
|
|
|
|
|
|
|
|
|
March 30, 2014 |
|
|
|
|
|
|
|
|
|
Revenues |
$ |
8,859 |
|
|
$ |
3,971 |
|
|
$ |
— |
|
|
$ |
159 |
|
|
$ |
12,989 |
|
EBT |
1,646 |
|
|
3,504 |
|
|
(35 |
) |
|
(1,086 |
) |
|
4,029 |
|
March 31, 2013* |
|
|
|
|
|
|
|
|
|
Revenues |
$ |
8,036 |
|
|
$ |
3,813 |
|
|
$ |
— |
|
|
$ |
294 |
|
|
$ |
12,143 |
|
EBT |
1,749 |
|
|
3,335 |
|
|
16 |
|
|
(637 |
) |
|
4,463 |
|
|
| Reconciling items for reportable segments - revenues |
Reconciling items in the previous table were as follows (in millions):
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Three Months Ended |
|
Six Months Ended |
|
March 30,
2014 |
|
March 31, 2013* |
|
March 30,
2014 |
|
March 31, 2013* |
Revenues |
|
|
|
|
|
|
|
Nonreportable segments |
$ |
53 |
|
|
$ |
152 |
|
|
$ |
162 |
|
|
$ |
296 |
|
Intersegment eliminations |
— |
|
|
(1 |
) |
|
(3 |
) |
|
(2 |
) |
|
$ |
53 |
|
|
$ |
151 |
|
|
$ |
159 |
|
|
$ |
294 |
|
EBT |
|
|
|
|
|
|
|
Unallocated cost of equipment and services revenues |
$ |
(75 |
) |
|
$ |
(93 |
) |
|
$ |
(148 |
) |
|
$ |
(177 |
) |
Unallocated research and development expenses |
(217 |
) |
|
(204 |
) |
|
(434 |
) |
|
(389 |
) |
Unallocated selling, general and administrative expenses |
(85 |
) |
|
(153 |
) |
|
(210 |
) |
|
(264 |
) |
Unallocated other expense |
— |
|
|
— |
|
|
(12 |
) |
|
— |
|
Unallocated investment income, net |
314 |
|
|
220 |
|
|
571 |
|
|
468 |
|
Nonreportable segments |
(200 |
) |
|
(151 |
) |
|
(853 |
) |
|
(275 |
) |
|
$ |
(263 |
) |
|
$ |
(381 |
) |
|
$ |
(1,086 |
) |
|
$ |
(637 |
) |
|
| Reconciling items for reportable segments - EBT |
Reconciling items in the previous table were as follows (in millions):
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Three Months Ended |
|
Six Months Ended |
|
March 30,
2014 |
|
March 31, 2013* |
|
March 30,
2014 |
|
March 31, 2013* |
Revenues |
|
|
|
|
|
|
|
Nonreportable segments |
$ |
53 |
|
|
$ |
152 |
|
|
$ |
162 |
|
|
$ |
296 |
|
Intersegment eliminations |
— |
|
|
(1 |
) |
|
(3 |
) |
|
(2 |
) |
|
$ |
53 |
|
|
$ |
151 |
|
|
$ |
159 |
|
|
$ |
294 |
|
EBT |
|
|
|
|
|
|
|
Unallocated cost of equipment and services revenues |
$ |
(75 |
) |
|
$ |
(93 |
) |
|
$ |
(148 |
) |
|
$ |
(177 |
) |
Unallocated research and development expenses |
(217 |
) |
|
(204 |
) |
|
(434 |
) |
|
(389 |
) |
Unallocated selling, general and administrative expenses |
(85 |
) |
|
(153 |
) |
|
(210 |
) |
|
(264 |
) |
Unallocated other expense |
— |
|
|
— |
|
|
(12 |
) |
|
— |
|
Unallocated investment income, net |
314 |
|
|
220 |
|
|
571 |
|
|
468 |
|
Nonreportable segments |
(200 |
) |
|
(151 |
) |
|
(853 |
) |
|
(275 |
) |
|
$ |
(263 |
) |
|
$ |
(381 |
) |
|
$ |
(1,086 |
) |
|
$ |
(637 |
) |
*As adjusted
Nonreportable segments EBT for the six months ended March 30, 2014 included a total of $460 million in impairment charges related to the Company’s QMT and QRS divisions (Note 9).
Unallocated acquisition-related expenses were comprised as follows (in millions):
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|
|
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|
|
|
|
|
|
|
|
|
|
|
|
|
Three Months Ended |
|
Six Months Ended |
|
March 30,
2014 |
|
March 31,
2013 |
|
March 30,
2014 |
|
March 31,
2013 |
Cost of equipment and services revenues |
$ |
62 |
|
|
$ |
76 |
|
|
$ |
123 |
|
|
$ |
140 |
|
Research and development expenses |
22 |
|
|
1 |
|
|
23 |
|
|
1 |
|
Selling, general and administrative expenses |
6 |
|
|
6 |
|
|
13 |
|
|
13 |
|
|
| Segment assets and reconciling items |
Segment assets and reconciling items were as follows (in millions):
|
|
|
|
|
|
|
|
|
|
March 30,
2014 |
|
September 29, 2013* |
QCT |
$ |
3,141 |
|
|
$ |
3,305 |
|
QTL |
157 |
|
|
28 |
|
QSI |
461 |
|
|
511 |
|
Reconciling items |
44,116 |
|
|
41,672 |
|
Total consolidated assets |
$ |
47,875 |
|
|
$ |
45,516 |
|
*As adjusted
|