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

Annual report pursuant to Section 13 and 15(d)

Fair Value Measurements (Tables)

Fair Value Measurements (Tables)

12 Months Ended

Sep. 28, 2014

Notes to Financial Statements [Abstract]

Fair value hierarchy for assets measured at fair value on a recurring basis



	Level 1		Level 2		Level 3		Total
Assets
Cash equivalents	$	3,603	$	3,884	$	—	$	7,487
Marketable securities
U.S. Treasury securities and government-related securities	715		840		—		1,555
Corporate bonds and notes	—		14,481		—		14,481
Mortgage- and asset-backed securities	—		1,309		186		1,495
Auction rate securities	—		—		83		83
Common and preferred stock	1,056		741		—		1,797
Equity funds	541		—		—		541
Debt funds	813		3,350		—		4,163
Total marketable securities	3,125		20,721		269		24,115
Derivative instruments	1		4		—		5
Other investments	262		—		—		262
Total assets measured at fair value	$	6,991	$	24,609	$	269	$	31,869
Liabilities
Derivative instruments	$	—	$	1	$	—	$	1
Other liabilities	261		—		—		261
Total liabilities measured at fair value	$	261	$	1	$	—	$	262

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



	2014					2013
	Auction Rate Securities		Mortgage- and Asset-Backed Securities			Auction Rate Securities			Mortgage- and Asset-Backed Securities
Beginning balance of Level 3	$	83	$	239		$	118		$	203
Total realized and unrealized gains (losses):
Included in investment income, net	—		11			—			8
Included in other comprehensive income	—		(3		)	1			(6		)
Purchases	—		107			—			163
Sales	—		(126		)	—			(70		)
Settlements	—		(40		)	(36		)	(77		)
Transfers (out of) into Level 3	—		(2		)	—			18
Ending balance of Level 3	$	83	$	186		$	83		$	239

- 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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