Qualcomm Inc. (QCOM)

Statement of Financial Position, Liabilities and Stockholders’ Equity

Difficulty: Beginner

The statement of financial position provides creditors, investors, and analysts with information on company’s resources (assets) and its sources of capital (its equity and liabilities). It normally also provides information about the future earnings capacity of a company’s assets as well as an indication of cash flows that may come from receivables and inventories.

Liabilities represents obligations of a company arising from past events, the settlement of which is expected to result in an outflow of economic benefits from the entity.

Qualcomm Inc., Consolidated Statement of Financial Position, Liabilities and Stockholders’ Equity

USD $ in millions

		Sep 30, 2018		Sep 24, 2017		Sep 25, 2016		Sep 27, 2015		Sep 28, 2014		Sep 29, 2013
	Trade accounts payable
	Payroll and other benefits related liabilities
	Unearned revenues
	Short-term debt
	Customer incentives and other customer-related liabilities
	Accrual for EC fine
	Income taxes payable
	Accrual for TFTC fine
	RF360 Holdings Put and Call Option
	Other
	Other current liabilities
	Current liabilities
	Unearned revenues
	Income taxes payable
	Long-term debt
	Other liabilities
	Non-current liabilities
	Total liabilities
	Preferred stock, $0.0001 par value; none outstanding
	Common stock and paid-in capital, $0.0001 par value
	Retained earnings
	Accumulated other comprehensive income
	Total Qualcomm stockholders’ equity
	Noncontrolling interests
	Total stockholders’ equity
	Total liabilities and stockholders’ equity

Based on: 10-K (filing date: 2018-11-07), 10-K (filing date: 2017-11-01), 10-K (filing date: 2016-11-02), 10-K (filing date: 2015-11-04), 10-K (filing date: 2014-11-05), 10-K (filing date: 2013-11-06).

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.’s current liabilities increased from 2016 to 2017 and from 2017 to 2018.
Non-current liabilities	Amount of obligation due after one year or beyond the normal operating cycle, if longer.	Qualcomm Inc.’s non-current liabilities increased from 2016 to 2017 but then slightly declined from 2017 to 2018.
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.’s total liabilities increased from 2016 to 2017 but then slightly declined from 2017 to 2018.
Total Qualcomm 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’s 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.’s total Qualcomm stockholders’ equity declined from 2016 to 2017 and from 2017 to 2018.

	Qualcomm Inc.	Other companies (not purchased previously)
Financial Statements
Common-Size Financial Statements
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Relative Valuation
Discounted Cash Flow (DCF) Valuation
Economic Value Added (EVA)
Long-term Trends
Analysis
Financial Reporting Quality

	All companies
Financial Statements
Common-Size Financial Statements
Ratios
Relative Valuation
Discounted Cash Flow (DCF) Valuation
Economic Value Added (EVA)
Long-term Trends
Analysis
Financial Reporting Quality