Adjustments to Total Assets
Adjustments to Current Liabilities
Adjustments to Total Liabilities
Adjustments to Stockholders’ Equity
Adjustments to Capitalization Table
Adjustments to Revenues
Adjustments to Reported Income

Qualcomm Inc., adjusted total assets

US$ in millions

	Sep 24, 2023	Sep 25, 2022	Sep 26, 2021	Sep 27, 2020	Sep 29, 2019	Sep 30, 2018
As Reported
Total assets	51,040)	49,014)	41,240)	35,594)	32,957)	32,686)
Adjustments
Add: Operating lease right-of-use asset (before adoption of FASB Topic 842)¹	—)	—)	—)	—)	354)	375)
Less: Non-current deferred tax assets²	3,310)	1,803)	1,591)	1,351)	1,196)	904)
After Adjustment
Adjusted total assets	47,730)	47,211)	39,649)	34,243)	32,115)	32,157)

Based on: 10-K (reporting date: 2023-09-24), 10-K (reporting date: 2022-09-25), 10-K (reporting date: 2021-09-26), 10-K (reporting date: 2020-09-27), 10-K (reporting date: 2019-09-29), 10-K (reporting date: 2018-09-30).

¹ Operating lease right-of-use asset (before adoption of FASB Topic 842). See details »

² Non-current deferred tax assets. See details »

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Qualcomm Inc., adjusted current liabilities

US$ in millions

	Sep 24, 2023	Sep 25, 2022	Sep 26, 2021	Sep 27, 2020	Sep 29, 2019	Sep 30, 2018
As Reported
Current liabilities	9,628)	11,866)	11,951)	8,672)	8,935)	11,236)
Adjustments
Less: Current unearned revenues	293)	369)	612)	568)	565)	500)
After Adjustment
Adjusted current liabilities	9,335)	11,497)	11,339)	8,104)	8,370)	10,736)

Based on: 10-K (reporting date: 2023-09-24), 10-K (reporting date: 2022-09-25), 10-K (reporting date: 2021-09-26), 10-K (reporting date: 2020-09-27), 10-K (reporting date: 2019-09-29), 10-K (reporting date: 2018-09-30).

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Qualcomm Inc., adjusted total liabilities

US$ in millions

	Sep 24, 2023	Sep 25, 2022	Sep 26, 2021	Sep 27, 2020	Sep 29, 2019	Sep 30, 2018
As Reported
Total liabilities	29,459)	31,001)	31,290)	29,517)	28,048)	31,758)
Adjustments
Add: Operating lease liability (before adoption of FASB Topic 842)¹	—)	—)	—)	—)	354)	375)
Less: Non-current deferred tax liabilities (included in Other liabilities)²	111)	167)	64)	56)	103)	291)
Less: Unearned revenues	392)	513)	976)	1,329)	1,725)	2,120)
After Adjustment
Adjusted total liabilities	28,956)	30,321)	30,250)	28,132)	26,574)	29,722)

Based on: 10-K (reporting date: 2023-09-24), 10-K (reporting date: 2022-09-25), 10-K (reporting date: 2021-09-26), 10-K (reporting date: 2020-09-27), 10-K (reporting date: 2019-09-29), 10-K (reporting date: 2018-09-30).

¹ Operating lease liability (before adoption of FASB Topic 842). See details »

² Non-current deferred tax liabilities (included in Other liabilities). See details »

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Qualcomm Inc., adjusted stockholders’ equity

US$ in millions

	Sep 24, 2023	Sep 25, 2022	Sep 26, 2021	Sep 27, 2020	Sep 29, 2019	Sep 30, 2018
As Reported
Stockholders’ equity	21,581)	18,013)	9,950)	6,077)	4,909)	928)
Adjustments
Less: Net deferred tax assets (liabilities)¹	3,199)	1,636)	1,527)	1,295)	1,093)	613)
Add: Unearned revenues	392)	513)	976)	1,329)	1,725)	2,120)
After Adjustment
Adjusted stockholders’ equity	18,774)	16,890)	9,399)	6,111)	5,541)	2,435)

Based on: 10-K (reporting date: 2023-09-24), 10-K (reporting date: 2022-09-25), 10-K (reporting date: 2021-09-26), 10-K (reporting date: 2020-09-27), 10-K (reporting date: 2019-09-29), 10-K (reporting date: 2018-09-30).

¹ Net deferred tax assets (liabilities). See details »

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Qualcomm Inc., adjusted capitalization table

US$ in millions

	Sep 24, 2023	Sep 25, 2022	Sep 26, 2021	Sep 27, 2020	Sep 29, 2019	Sep 30, 2018
As Reported
Short-term debt	914)	1,945)	2,044)	500)	2,496)	1,005)
Long-term debt	14,484)	13,537)	13,701)	15,226)	13,437)	15,365)
Total reported debt	15,398)	15,482)	15,745)	15,726)	15,933)	16,370)
Stockholders’ equity	21,581)	18,013)	9,950)	6,077)	4,909)	928)
Total reported capital	36,979)	33,495)	25,695)	21,803)	20,842)	17,298)
Adjustments to Debt
Add: Operating lease liability (before adoption of FASB Topic 842)¹	—)	—)	—)	—)	354)	375)
Add: Operating lease liabilities (recorded in Other current liabilities)²	98)	104)	126)	134)	—)	—)
Add: Operating lease liabilities (recorded in Other liabilities)³	571)	573)	428)	371)	—)	—)
Adjusted total debt	16,067)	16,159)	16,299)	16,231)	16,287)	16,745)
Adjustments to Equity
Less: Net deferred tax assets (liabilities)⁴	3,199)	1,636)	1,527)	1,295)	1,093)	613)
Add: Unearned revenues	392)	513)	976)	1,329)	1,725)	2,120)
Adjusted stockholders’ equity	18,774)	16,890)	9,399)	6,111)	5,541)	2,435)
After Adjustment
Adjusted total capital	34,841)	33,049)	25,698)	22,342)	21,828)	19,180)

Based on: 10-K (reporting date: 2023-09-24), 10-K (reporting date: 2022-09-25), 10-K (reporting date: 2021-09-26), 10-K (reporting date: 2020-09-27), 10-K (reporting date: 2019-09-29), 10-K (reporting date: 2018-09-30).

¹ Operating lease liability (before adoption of FASB Topic 842). See details »

² Operating lease liabilities (recorded in Other current liabilities). See details »

³ Operating lease liabilities (recorded in Other liabilities). See details »

⁴ Net deferred tax assets (liabilities). See details »

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Qualcomm Inc., adjusted revenues

US$ in millions

12 months ended:	Sep 24, 2023	Sep 25, 2022	Sep 26, 2021	Sep 27, 2020	Sep 29, 2019	Sep 30, 2018
As Reported
Revenues	35,820)	44,200)	33,566)	23,531)	24,273)	22,732)
Adjustment
Add: Increase (decrease) in unearned revenues	(121)	(463)	(353)	(396)	(395)	(385)
After Adjustment
Adjusted revenues	35,699)	43,737)	33,213)	23,135)	23,878)	22,347)

Based on: 10-K (reporting date: 2023-09-24), 10-K (reporting date: 2022-09-25), 10-K (reporting date: 2021-09-26), 10-K (reporting date: 2020-09-27), 10-K (reporting date: 2019-09-29), 10-K (reporting date: 2018-09-30).

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Qualcomm Inc., adjusted net income (loss)

US$ in millions

12 months ended:	Sep 24, 2023	Sep 25, 2022	Sep 26, 2021	Sep 27, 2020	Sep 29, 2019	Sep 30, 2018
As Reported
Net income (loss)	7,232)	12,936)	9,043)	5,198)	4,386)	(4,864)
Adjustments
Add: Deferred income tax expense (benefit)¹	(1,626)	(9)	(237)	(216)	1,937)	2,042)
Add: Increase (decrease) in unearned revenues	(121)	(463)	(353)	(396)	(395)	(385)
Less: Discontinued operations, net of income taxes	(107)	(50)	—)	—)	—)	—)
Add: Other comprehensive income (loss), net of income taxes	380)	(150)	(79)	107)	(114)	(119)
After Adjustment
Adjusted net income (loss)	5,972)	12,364)	8,374)	4,693)	5,814)	(3,326)

Based on: 10-K (reporting date: 2023-09-24), 10-K (reporting date: 2022-09-25), 10-K (reporting date: 2021-09-26), 10-K (reporting date: 2020-09-27), 10-K (reporting date: 2019-09-29), 10-K (reporting date: 2018-09-30).

¹ Deferred income tax expense (benefit). See details »

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Qualcomm Inc. (NASDAQ:QCOM)

Adjustments to Financial Statements

Adjustments to Total Assets

Adjustments to Current Liabilities

Adjustments to Total Liabilities

Adjustments to Stockholders’ Equity

Adjustments to Capitalization Table

Adjustments to Revenues

Adjustments to Reported Income