Stock Analysis on Net

Qualcomm Inc. (NASDAQ:QCOM)

Balance Sheet: Liabilities and Stockholders’ Equity 

Qualcomm Inc., consolidated balance sheet: liabilities and stockholders’ equity

US$ in millions

Microsoft Excel
Sep 29, 2024 Sep 24, 2023 Sep 25, 2022 Sep 26, 2021 Sep 27, 2020 Sep 29, 2019
Trade accounts payable 2,584 1,912 3,796 2,750 2,248 1,368
Payroll and other benefits related liabilities 1,834 1,685 1,486 1,531 1,053 1,048
Unearned revenues 297 293 369 612 568 565
Short-term debt 1,364 914 1,945 2,044 500 2,496
Held for sale liabilities 333 581
Customer incentives and other customer-related liabilities 2,480 1,821 1,879 1,974 1,721 1,129
Income taxes payable 1,080 1,717 634 862 549 480
Other 865 953 1,176 2,178 2,033 1,849
Other current liabilities 4,425 4,491 3,689 5,014 4,303 3,458
Current liabilities 10,504 9,628 11,866 11,951 8,672 8,935
Unearned revenues 88 99 144 364 761 1,160
Long-term debt 13,270 14,484 13,537 13,701 15,226 13,437
Held for sale liabilities 38 119
Other liabilities 5,018 5,210 5,335 5,274 4,858 4,516
Noncurrent liabilities 18,376 19,831 19,135 19,339 20,845 19,113
Total liabilities 28,880 29,459 31,001 31,290 29,517 28,048
Preferred stock, $0.0001 par value; none outstanding
Common stock and paid-in capital, $0.0001 par value 490 195 586 343
Retained earnings 25,687 20,733 17,840 9,822 5,284 4,466
Accumulated other comprehensive income (loss) 587 358 (22) 128 207 100
Stockholders’ equity 26,274 21,581 18,013 9,950 6,077 4,909
Total liabilities and stockholders’ equity 55,154 51,040 49,014 41,240 35,594 32,957

Based on: 10-K (reporting date: 2024-09-29), 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).

Balance sheet item Description The company
Current liabilities Total obligations incurred as part of normal operations that are expected to be paid during the following twelve months or within one business cycle, if longer. Qualcomm Inc. current liabilities decreased from 2022 to 2023 but then slightly increased from 2023 to 2024.
Noncurrent liabilities Amount of obligation due after one year or beyond the normal operating cycle, if longer. Qualcomm Inc. noncurrent liabilities increased from 2022 to 2023 but then decreased significantly from 2023 to 2024.
Total liabilities Sum of the carrying amounts as of the balance sheet date of all liabilities that are recognized. Liabilities are probable future sacrifices of economic benefits arising from present obligations of an entity to transfer assets or provide services to other entities in the future. Qualcomm Inc. total liabilities decreased from 2022 to 2023 and from 2023 to 2024.
Stockholders’ equity Total of all stockholders’ equity (deficit) items, net of receivables from officers, directors, owners, and affiliates of the entity which are attributable to the parent. The amount of the economic entity stockholders’ equity attributable to the parent excludes the amount of stockholders’ equity which is allocable to that ownership interest in subsidiary equity which is not attributable to the parent (noncontrolling interest, minority interest). This excludes temporary equity and is sometimes called permanent equity. Qualcomm Inc. stockholders’ equity increased from 2022 to 2023 and from 2023 to 2024.