Qualcomm Inc. (QCOM)

Statement of Cash Flows

Difficulty: Beginner

The cash flow statement provides information about a company’s cash receipts and cash payments during an accounting period, showing how these cash flaws link the ending cash balance to the beginning balance shown on the company’s statement of financial position.

The cash flow statement consists of three parts: cash flows provided by (used in) operating activities, cash flows provided by (used in) investing activities, and cash flows provided by (used in) financing activities.

Qualcomm Inc., Consolidated Statement of Cash Flows

USD $ in millions

	12 months ended	Sep 30, 2018		Sep 24, 2017		Sep 25, 2016		Sep 27, 2015		Sep 28, 2014		Sep 29, 2013
	Net income (loss)
	Depreciation and amortization expense
	Income tax provision in excess of (less than) income tax payments
	Gain on sale of discontinued operations
	Non-cash portion of share-based compensation expense
	Incremental tax benefits from share-based compensation
	Net realized gains on marketable securities and other investments
	Indefinite and long-lived asset impairment charges
	Impairment losses on marketable securities and other investments
	Gain on sale of wireless spectrum
	Other items, net
	Accounts receivable, net
	Inventories
	Other assets
	Trade accounts payable
	Payroll, benefits and other liabilities
	Unearned revenues
	Changes in assets and liabilities
	Adjustments to reconcile net income (loss) to net cash provided by operating activities
	Net cash provided by operating activities
	Capital expenditures
	Purchases of available-for-sale marketable securities
	Proceeds from sales and maturities of available-for-sale securities
	Purchases of trading securities
	Proceeds from sales and maturities of trading securities
	Purchases of other marketable securities
	Proceeds from sales and maturities of other marketable securities
	(Deposits) release of investments designated as collateral
	Acquisitions and other investments, net of cash acquired
	Proceeds from other investments
	Proceeds from sale of wireless spectrum
	Proceeds from sale of discontinued operations, net of cash sold
	Other items, net
	Net cash (used) provided by investing activities
	Proceeds from short-term debt
	Repayment of short-term debt
	Proceeds from long-term debt
	Repayment of long-term debt
	Proceeds from issuance of common stock
	Repurchases and retirements of common stock
	Dividends paid
	Payments of tax withholdings related to vesting of share-based awards
	Payment of purchase consideration related to RF360 joint venture
	Incremental tax benefits from share-based compensation
	Other items, net
	Net cash provided (used) by financing activities
	Changes in cash and cash equivalents held for sale
	Effect of exchange rate changes on cash and cash equivalents
	Net increase (decrease) in cash and cash equivalents
	Cash and cash equivalents at beginning of period
	Cash and cash equivalents at end of period

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
Net cash provided by operating activities	Amount of cash inflow (outflow) from operating activities, excluding discontinued operations. Operating activity cash flows include transactions, adjustments, and changes in value not defined as investing or financing activities.	Qualcomm Inc.’s net cash provided by operating activities declined from 2016 to 2017 and from 2017 to 2018.
Net cash (used) provided by investing activities	Amount of cash inflow (outflow) of investing activities, excluding discontinued operations. Investing activity cash flows include making and collecting loans and acquiring and disposing of debt or equity instruments and property, plant, and equipment and other productive assets.	Qualcomm Inc.’s net cash (used) provided by investing activities increased from 2016 to 2017 but then slightly declined from 2017 to 2018 not reaching 2016 level.
Net cash provided (used) by financing activities	Amount of cash inflow (outflow) of financing activities, excluding discontinued operations. Financing activity cash flows include obtaining resources from owners and providing them with a return on, and a return of, their investment; borrowing money and repaying amounts borrowed, or settling the obligation; and obtaining and paying for other resources obtained from creditors on long-term credit.	Qualcomm Inc.’s net cash provided (used) by financing activities increased from 2016 to 2017 but then declined significantly from 2017 to 2018.

	Qualcomm Inc.	Other companies (not purchased previously)
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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