QUALCOMM INC/DE (QCOM) FY2024 Q1 Statement of Cash Flows

Income StatementCash FlowBalance Sheet

Statement of Cash Flows

2023-09-25 to 2023-12-24

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QUALCOMM INC/DE cash flow reconciliation, Sep 25, 2023 through Dec 24, 2023One connected Sankey reconciles operating, investing and financing net cash flows through a shared cash pool, from beginning cash to ending cash. Ribbons flow left to right on one dollar scale. Activity totals are dark gray; beginning and ending cash are blue. Cash basis for beginning and ending balances and net cash change: Cash, cash equivalents, and restricted cash. Intermediate calculation bars are lighter gray. Net income is green for profit and red for loss. Identified asset purchases, sales and maturities are blue in either cash direction. Orange marks positive customer-advance and deferred-revenue changes that add to operating cash in the reconciliation. These are net changes, not gross customer receipts. Negative changes are neutral reconciliation adjustments; they do not by themselves identify cash payments. Purple identifies capital transactions such as borrowing, repayments, share issuance and dividends. Free cash flow is a separate comparison, not an added cash flow. Read chart description and values below for full signed amounts, including zero items.Net income from continuing operations → Net cash from operating activities: $2,811,000,000.00Share-based compensation expense → Operating adjustments reconciliation: $602,000,000.00Depreciation and amortization expense → Operating adjustments reconciliation: $437,000,000.00Trade accounts payable → Operating adjustments reconciliation: $241,000,000.00Inventories → Operating adjustments reconciliation: $165,000,000.00Other assets → Operating adjustments reconciliation: $115,000,000.00Payroll, benefits and other liabilities → Operating adjustments reconciliation: $74,000,000.00Other items, net → Operating adjustments reconciliation: $9,000,000.00Operating adjustments reconciliation → Net cash from operating activities: $138,000,000.00Operating adjustments reconciliation → Income tax provision less than income tax payments: $1,012,000,000.00Operating adjustments reconciliation → Accounts receivable, net: $325,000,000.00Operating adjustments reconciliation → Unearned revenues: $81,000,000.00Operating adjustments reconciliation → Net gains on marketable securities and other investments: $71,000,000.00Operating adjustments reconciliation → Net cash used by operating activities from discontinued operations: $16,000,000.00Proceeds from sales and maturities of debt and equity marketable securities → investing reconciliation: $463,000,000.00Proceeds from sales of property, plant and equipment → investing reconciliation: $5,000,000.00Other items, net → investing reconciliation: $2,000,000.00investing reconciliation → Purchases of debt and equity marketable securities: $1,452,000,000.00investing reconciliation → Capital expenditures: $214,000,000.00investing reconciliation → Acquisitions and other investments, net of cash acquired: $60,000,000.00Net cash used in financing activities → financing reconciliation: $2,041,000,000.00Proceeds from short-term debt → financing reconciliation: $400,000,000.00Other items, net → financing reconciliation: $8,000,000.00financing reconciliation → Dividends paid: $895,000,000.00financing reconciliation → Repurchases and retirements of common stock: $784,000,000.00financing reconciliation → Repayment of short-term debt: $400,000,000.00financing reconciliation → Payments of tax withholdings related to vesting of share-based awards: $370,000,000.00Net cash used in investing activities → investing reconciliation: $1,256,000,000.00Exchange-rate effect → Cash sources and uses: $15,000,000.00Beginning cash: Cash, cash equivalents, and restricted cash → Cash sources and uses: $8,527,000,000.00Net cash from operating activities → Cash sources and uses: $2,949,000,000.00Cash sources and uses → Ending cash: Cash, cash equivalents, and restricted cash: $8,194,000,000.00Cash sources and uses → Net cash used in investing activities: $1,256,000,000.00Cash sources and uses → Net cash used in financing activities: $2,041,000,000.00Net income from continuing operations: $2,811,000,000.00Continuing ops income (loss)+$2.81 BDepreciation and amortization expense: $437,000,000.00Depreciation & amortization+$437.00 MIncome tax provision less than income tax payments: -$1,012,000,000.00Income tax paid vs. provision−$1.01 BShare-based compensation expense: $602,000,000.00Stock-based compensation+$602.00 MNet gains on marketable securities and other investments: -$71,000,000.00Investment gain & loss−$71.00 MOther items, net: $9,000,000.00Other non-cash items+$9.00 MAccounts receivable, net: -$325,000,000.00Receivables, net−$325.00 MInventories: $165,000,000.00Inventories+$165.00 MOther assets: $115,000,000.00Other operating assets+$115.00 MTrade accounts payable: $241,000,000.00Trade payables+$241.00 MPayroll, benefits and other liabilities: $74,000,000.00Accrued liabilities+$74.00 MUnearned revenues: -$81,000,000.00Unearned revenue−$81.00 MNet cash used by operating activities from discontinued operations: -$16,000,000.00Discontinued operations cash−$16.00 MNet cash from operating activities: $2,949,000,000.00Operating cash+$2.95 BOperating adjustments reconciliation: $1,643,000,000.00Proceeds from short-term debt: $400,000,000.00Commercial paper issued+$400.00 MRepayment of short-term debt: -$400,000,000.00Commercial paper repaid−$400.00 MProceeds from long-term debt: $0.00Repurchases and retirements of common stock: -$784,000,000.00Common stock repurchases−$784.00 MDividends paid: -$895,000,000.00Ordinary dividends paid−$895.00 MPayments of tax withholdings related to vesting of share-based awards: -$370,000,000.00Stock-award tax withholding−$370.00 MOther items, net: $8,000,000.00Other financing, net+$8.00 MNet cash used in financing activities: -$2,041,000,000.00. Cash required to fund net payments.Financing cash−$2.04 Bfinancing reconciliation: $2,449,000,000.00Capital expenditures: -$214,000,000.00Capital expenditures−$214.00 MPurchases of debt and equity marketable securities: -$1,452,000,000.00Marketable securities purchases−$1.45 BProceeds from sales and maturities of debt and equity marketable securities: $463,000,000.00Marketable securities proceeds+$463.00 MAcquisitions and other investments, net of cash acquired: -$60,000,000.00Acquisitions & investments, net−$60.00 MProceeds from sales of property, plant and equipment: $5,000,000.00PP&E sales+$5.00 MOther items, net: $2,000,000.00Other investing, net+$2.00 MNet cash used in investing activities: -$1,256,000,000.00. Cash required to fund net payments.Investing cash−$1.26 Binvesting reconciliation: $1,726,000,000.00Cash sources and uses: $11,491,000,000.00Beginning cash: Cash, cash equivalents, and restricted cash: $8,527,000,000.00Beginning cash$8.53 BEnding cash: Cash, cash equivalents, and restricted cash: $8,194,000,000.00Ending cash$8.19 BExchange-rate effect: $15,000,000.00FX effect+$15.00 MCASH RECONCILIATIONOperatingflowsInvestingflowsFinancingflowsFree cash flow$2.74 BOperating cash − cash spent on productive assetsCash flow / Net incomeUnavailableOperating cash flow ÷ net incomeNet cash change−$333.00 MEnding cash − beginning cash
Chart details

QUALCOMM INC/DE cash flow reconciliation, Sep 25, 2023 through Dec 24, 2023

Cash flows for Sep 25, 2023 through Dec 24, 2023. Cash basis: Cash, cash equivalents, and restricted cash. Beginning cash: Sep 24, 2023. Ending cash: Dec 24, 2023. Beginning and ending cash are dated balances. Positive cash flows add cash; negative cash flows reduce it.

Beginning cash on Sep 24, 2023
8,527,000,000 US dollars. Beginning cash: Cash, cash equivalents, and restricted cash
Operating activities
2,949,000,000 US dollars. Net cash provided.
Net income from continuing operations
2,811,000,000 US dollars
Depreciation and amortization expense
437,000,000 US dollars
Income tax provision less than income tax payments
negative 1,012,000,000 US dollars
Share-based compensation expense
602,000,000 US dollars
Net gains on marketable securities and other investments
negative 71,000,000 US dollars
Other items, net
9,000,000 US dollars
Accounts receivable, net
negative 325,000,000 US dollars
Inventories
165,000,000 US dollars
Other assets
115,000,000 US dollars
Trade accounts payable
241,000,000 US dollars
Payroll, benefits and other liabilities
74,000,000 US dollars
Unearned revenues
negative 81,000,000 US dollars
Net cash used by operating activities from discontinued operations
negative 16,000,000 US dollars
Investing activities
negative 1,256,000,000 US dollars. Net cash used.
Capital expenditures
negative 214,000,000 US dollars
Purchases of debt and equity marketable securities
negative 1,452,000,000 US dollars
Proceeds from sales and maturities of debt and equity marketable securities
463,000,000 US dollars
Acquisitions and other investments, net of cash acquired
negative 60,000,000 US dollars
Proceeds from sales of property, plant and equipment
5,000,000 US dollars
Other items, net
2,000,000 US dollars
Financing activities
negative 2,041,000,000 US dollars. Net cash used.
Proceeds from short-term debt
400,000,000 US dollars
Repayment of short-term debt
negative 400,000,000 US dollars
Proceeds from long-term debt
0 US dollars
Repurchases and retirements of common stock
negative 784,000,000 US dollars
Dividends paid
negative 895,000,000 US dollars
Payments of tax withholdings related to vesting of share-based awards
negative 370,000,000 US dollars
Other items, net
8,000,000 US dollars
Operating adjustment reconciliation
1,643,000,000 US dollars. Intermediate calculation joining the operating reconciliation branches. Its gross amount includes any portion of net income routed through this junction. It is not an additional cash source or use.
financing gross reconciliation
2,449,000,000 US dollars. Gross amount at the activity's junction before offsetting its receipts and deductions. It is not an additional cash source or use.
investing gross reconciliation
1,726,000,000 US dollars. Gross amount at the activity's junction before offsetting its receipts and deductions. It is not an additional cash source or use.
Exchange-rate effect
15,000,000 US dollars
Ending cash on Dec 24, 2023
8,194,000,000 US dollars. Ending cash: Cash, cash equivalents, and restricted cash
Cash sources and uses
11,491,000,000 US dollars. Opening cash plus net sources, equal to net uses plus ending cash.
Net cash change
negative 333,000,000 US dollars. Ending cash minus beginning cash.
Cash flow / Net income
Unavailable. Operating cash flow and reconciliation net income for the same period are required.
Operating cash flow
2,949,000,000 US dollars. Operating cash flow used in the free cash flow calculation.
cash spent on productive assets
214,000,000 US dollars. These cash purchases are already included in investing activities above.
Free cash flow
2,735,000,000 US dollars. A supplemental measure; finance-lease payments are excluded from this definition.

Chart connections

  • Beginning cash plus operating, investing and financing cash flows plus the exchange-rate effect equals ending cash. Negative amounts reduce cash.
  • Financing contributions meet at a reconciliation junction before connecting to the net cash total.
  • Investing contributions meet at a reconciliation junction before connecting to the net cash total.
  • Operating reconciliation adjustments are not all independent cash receipts.
  • Net income enters operating cash directly in the reconciliation. The adjustment junction contributes the remaining $138.00M after reconciling the other positive and negative adjustments. These connections depict an accounting reconciliation, not traced cash receipts.
  • Each activity has one net cash bar connected to the shared cash pool. Positive activity totals enter the pool; negative activity totals leave the pool to fund that activity's net payments. The central pool does not assign a particular funding source to a particular payment.
  • The intermediate calculation bars include both sides of the displayed activity breakdowns; they are not additional cash flows.
  • Operating cash flow minus cash spent on productive assets equals free cash flow: 2,949,000,000 US dollars minus 214,000,000 US dollars equals 2,735,000,000 US dollars.
QUALCOMM INC/DE (QCOM) FY2024 Q1 Statement of Cash Flows Sankey chart
Free to share unchanged, with credit to Plicit.ai · CC BY-NC-ND 4.0Download PNG

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