v2.3.0.15
The Company and Its Significant Accounting Policies (Tables)
12 Months Ended
Sep. 25, 2011
Notes to Financial Statements [Abstract] 
Weighted-average amortization periods for finite-lived intangible assets, by class
Weighted-average amortization periods for finite-lived intangible assets, by class, were as follows (in years):
 
September 25, 2011
 
September 26, 2010
Spectrum licenses
5

 
5

Marketing-related
9

 
18

Technology-based
11

 
14

Customer-related
3

 
5

Total finite-lived intangible assets
11

 
14

Share-based compensation disclosure, weighted-average assumptions
The following table presents the weighted-average assumptions (annualized percentages) used to estimate the fair values of employee stock options granted or assumed in the periods presented:
 
2011
 
2010
 
2009
Volatility
30.8
%
 
33.8
%
 
42.7
%
Risk-free interest rate
2.1
%
 
2.5
%
 
2.6
%
Dividend yield
1.5
%
 
1.5
%
 
1.5
%
Post-vest forfeiture rate
9.8
%
 
9.8
%
 
9.2
%
Suboptimal exercise factor
1.8

 
1.8

 
1.9

Share-based compensation expense, related to all share-based awards
Total estimated share-based compensation expense, related to all of the Company’s share-based awards, was comprised as follows (in millions):
 
2011
 
2010*
 
2009*
Cost of equipment and services revenues
$
67

 
$
41

 
$
40

Research and development
397

 
293

 
272

Selling, general and administrative
349

 
263

 
252

Continuing operations
813

 
597

 
564

Related income tax benefit
(194
)
 
(166
)
 
(121
)
Continuing operations, net of income taxes
619

 
431

 
443

Discontinued operations
8

 
17

 
20

Related income tax benefit
(3
)
 
(6
)
 
(8
)
Discontinued operations, net of income taxes
5

 
11

 
12

 
$
624

 
$
442

 
$
455

*As adjusted for discontinued operations (Note 11)
Components of accumulated other comprehensive income
Components of accumulated other comprehensive income in Qualcomm stockholders’ equity consisted of the following (in millions):
 
September 25, 2011
 
September 26, 2010
Noncredit other-than-temporary impairment losses and subsequent changes in fair value related to certain marketable debt securities, net of income taxes
$
27

 
$
62

Net unrealized gains on marketable securities, net of income taxes
427

 
723

Net unrealized losses on derivative instruments, net of income taxes
(15
)
 
(8
)
Foreign currency translation
(86
)
 
(80
)
 
$
353

 
$
697

Total comprehensive income [Table Text Block]
Total comprehensive income attributable to Qualcomm consisted of the following (in millions):
 
2011
 
2010
 
2009
Net income
$
4,242

 
$
3,247

 
$
1,592

Other comprehensive income:
 
 
 
 
 
Foreign currency translation
(9
)
 
(40
)
 
(25
)
Noncredit other-than-temporary impairment losses and subsequent changes in fair value related to certain marketable debt securities, net of income taxes of $10, ($5) and $12, respectively
(19
)
 
21

 
135

Net unrealized (losses) gains on other marketable securities and derivative instruments, net of income taxes of $80, $74 and ($5), respectively
(145
)
 
392

 
261

Reclassification of net realized gains on marketable securities and derivative instruments included in net income, net of income taxes of $112, ($12) and $75, respectively
(199
)
 
(380
)
 
(93
)
Reclassification of other-than-temporary losses on marketable securities included in net income, net of income taxes of $14, ($5) and $130, respectively
25

 
116

 
613

Total other comprehensive (loss) income
(347
)
 
109

 
891

Total comprehensive income
3,895

 
3,356

 
2,483

Comprehensive loss attributable to noncontrolling interests
21

 
—

 
—

Comprehensive income attributable to Qualcomm
$
3,916

 
$
3,356

 
$
2,483