QUALCOMM INCDE
For the period ended Dec 29, 2024. Filed Feb 5, 2025.
View on SEC.govAbout this filing
A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Dec 29, 2024 · Filed Feb 5, 2025
QCOM$173.53+1.2%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Condensed Consolidated Statements of Cash Flows
QUALCOMM Incorporated
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS
(In millions)
(Unaudited)
| Three Months Ended | ||
|---|---|---|
| December 29,2024 | December 24,2023 | |
| Operating Activities: | ||
| Net income from continuing operations | $3,180 | $2,811 |
| Adjustments to reconcile net income to net cash provided by operating activities: | ||
| Depreciation and amortization expense | 436 | 437 |
| Income tax provision in excess of (less than) income tax payments | 247 | (1,012) |
| Share-based compensation expense | 759 | 602 |
| Net gains on marketable securities and other investments | (45) | (71) |
| Other items | (23) | 9 |
| Changes in assets and liabilities: | ||
| Accounts receivable, net | 392 | (325) |
| Inventories | 111 | 165 |
| Other assets | 148 | 115 |
| Trade accounts payable | 11 | 241 |
| Payroll, benefits and other liabilities | (541) | 74 |
| Unearned revenues | (88) | (81) |
| Net cash used by operating activities from discontinued operations | — | (16) |
| Net cash provided by operating activities | 4,587 | 2,949 |
| Investing Activities: | ||
| Capital expenditures | (277) | (214) |
| Purchases of debt and equity marketable securities | (914) | (1,452) |
| Proceeds from sales and maturities of debt and equity marketable securities | 752 | 463 |
| Acquisitions and other investments, net of cash acquired | (260) | (60) |
| Other items | 28 | 7 |
| Net cash used by investing activities | (671) | (1,256) |
| Financing Activities: | ||
| Proceeds from short-term debt | 500 | 400 |
| Repayment of short-term debt | (500) | (400) |
| Repurchases and retirements of common stock | (1,750) | (784) |
| Dividends paid | (942) | (895) |
| Payments of tax withholdings related to vesting of share-based awards | (315) | (370) |
| Other items | (1) | 8 |
| Net cash used by financing activities | (3,008) | (2,041) |
| Effect of exchange rate changes on cash and cash equivalents | (44) | 15 |
| Net increase (decrease) in total cash and cash equivalents | 864 | (333) |
| Total cash and cash equivalents at beginning of period (including $77 classified as held for sale at September 24, 2023) | 7,849 | 8,527 |
| Total cash and cash equivalents at end of period (including $61 classified as held for sale at December 24, 2023) | $8,713 | $8,194 |
See accompanying notes.
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.