|
Segment Information (Tables)
|
9 Months Ended |
|
Jun. 29, 2014
|
| Notes to Financial Statements [Abstract] |
|
| Revenues and EBT for reportable segments |
The table below presents revenues and EBT for reportable segments (in millions):
|
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|
|
|
|
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|
|
|
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|
|
|
|
|
|
|
QCT |
|
QTL |
|
QSI |
|
Reconciling
Items
|
|
Total |
For the three months ended: |
|
|
|
|
|
|
|
|
|
June 29, 2014 |
|
|
|
|
|
|
|
|
|
Revenues |
$ |
4,957 |
|
|
$ |
1,803 |
|
|
$ |
— |
|
|
$ |
46 |
|
|
$ |
6,806 |
|
EBT |
1,116 |
|
|
1,550 |
|
|
(1 |
) |
|
(168 |
) |
|
2,497 |
|
June 30, 2013* |
|
|
|
|
|
|
|
|
|
Revenues |
$ |
4,222 |
|
|
$ |
1,867 |
|
|
$ |
— |
|
|
$ |
154 |
|
|
$ |
6,243 |
|
EBT |
738 |
|
|
1,633 |
|
|
51 |
|
|
(512 |
) |
|
1,910 |
|
|
|
|
|
|
|
|
|
|
|
For the nine months ended: |
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|
|
|
|
|
|
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June 29, 2014 |
|
|
|
|
|
|
|
|
|
Revenues |
$ |
13,816 |
|
|
$ |
5,774 |
|
|
$ |
— |
|
|
$ |
205 |
|
|
$ |
19,795 |
|
EBT |
2,762 |
|
|
5,054 |
|
|
(36 |
) |
|
(1,254 |
) |
|
6,526 |
|
June 30, 2013* |
|
|
|
|
|
|
|
|
|
Revenues |
$ |
12,258 |
|
|
$ |
5,680 |
|
|
$ |
— |
|
|
$ |
447 |
|
|
$ |
18,385 |
|
EBT |
2,487 |
|
|
4,968 |
|
|
66 |
|
|
(1,149 |
) |
|
6,372 |
|
|
| Reconciling items for reportable segments - revenues |
Reconciling items in the previous table were as follows (in millions):
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|
|
|
|
|
|
|
|
|
|
|
|
|
|
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|
Three Months Ended |
|
Nine Months Ended |
|
June 29,
2014 |
|
June 30, 2013* |
|
June 29,
2014 |
|
June 30, 2013* |
Revenues |
|
|
|
|
|
|
|
Nonreportable segments |
$ |
47 |
|
|
$ |
156 |
|
|
$ |
208 |
|
|
$ |
451 |
|
Intersegment eliminations |
(1 |
) |
|
(2 |
) |
|
(3 |
) |
|
(4 |
) |
|
$ |
46 |
|
|
$ |
154 |
|
|
$ |
205 |
|
|
$ |
447 |
|
EBT |
|
|
|
|
|
|
|
Unallocated cost of equipment and services revenues |
$ |
(74 |
) |
|
$ |
(82 |
) |
|
$ |
(223 |
) |
|
$ |
(258 |
) |
Unallocated research and development expenses |
(220 |
) |
|
(201 |
) |
|
(653 |
) |
|
(591 |
) |
Unallocated selling, general and administrative expenses |
(107 |
) |
|
(112 |
) |
|
(318 |
) |
|
(376 |
) |
Unallocated other income, net |
184 |
|
|
— |
|
|
173 |
|
|
— |
|
Unallocated investment income, net |
413 |
|
|
176 |
|
|
985 |
|
|
644 |
|
Nonreportable segments |
(364 |
) |
|
(293 |
) |
|
(1,218 |
) |
|
(568 |
) |
|
$ |
(168 |
) |
|
$ |
(512 |
) |
|
$ |
(1,254 |
) |
|
$ |
(1,149 |
) |
|
| Reconciling items for reportable segments - EBT |
Reconciling items in the previous table were as follows (in millions):
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Three Months Ended |
|
Nine Months Ended |
|
June 29,
2014 |
|
June 30, 2013* |
|
June 29,
2014 |
|
June 30, 2013* |
Revenues |
|
|
|
|
|
|
|
Nonreportable segments |
$ |
47 |
|
|
$ |
156 |
|
|
$ |
208 |
|
|
$ |
451 |
|
Intersegment eliminations |
(1 |
) |
|
(2 |
) |
|
(3 |
) |
|
(4 |
) |
|
$ |
46 |
|
|
$ |
154 |
|
|
$ |
205 |
|
|
$ |
447 |
|
EBT |
|
|
|
|
|
|
|
Unallocated cost of equipment and services revenues |
$ |
(74 |
) |
|
$ |
(82 |
) |
|
$ |
(223 |
) |
|
$ |
(258 |
) |
Unallocated research and development expenses |
(220 |
) |
|
(201 |
) |
|
(653 |
) |
|
(591 |
) |
Unallocated selling, general and administrative expenses |
(107 |
) |
|
(112 |
) |
|
(318 |
) |
|
(376 |
) |
Unallocated other income, net |
184 |
|
|
— |
|
|
173 |
|
|
— |
|
Unallocated investment income, net |
413 |
|
|
176 |
|
|
985 |
|
|
644 |
|
Nonreportable segments |
(364 |
) |
|
(293 |
) |
|
(1,218 |
) |
|
(568 |
) |
|
$ |
(168 |
) |
|
$ |
(512 |
) |
|
$ |
(1,254 |
) |
|
$ |
(1,149 |
) |
*As adjusted
Nonreportable segments EBT for the three and nine months ended June 29, 2014 included a total of $164 million and $607 million, respectively, in impairment charges related to the Company’s QMT division (Note 2).
Unallocated acquisition-related expenses were comprised as follows (in millions):
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|
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|
|
|
|
|
|
|
|
|
|
|
Three Months Ended |
|
Nine Months Ended |
|
June 29,
2014 |
|
June 30,
2013 |
|
June 29,
2014 |
|
June 30,
2013 |
Cost of equipment and services revenues |
$ |
62 |
|
|
$ |
64 |
|
|
$ |
186 |
|
|
$ |
203 |
|
Research and development expenses |
3 |
|
|
1 |
|
|
26 |
|
|
2 |
|
Selling, general and administrative expenses |
6 |
|
|
6 |
|
|
19 |
|
|
20 |
|
|
| Segment assets and reconciling items |
Segment assets and reconciling items were as follows (in millions):
|
|
|
|
|
|
|
|
|
|
June 29,
2014 |
|
September 29, 2013* |
QCT |
$ |
3,046 |
|
|
$ |
3,305 |
|
QTL |
158 |
|
|
28 |
|
QSI |
517 |
|
|
511 |
|
Reconciling items |
44,634 |
|
|
41,672 |
|
Total consolidated assets |
$ |
48,355 |
|
|
$ |
45,516 |
|
*As adjusted
|