Broadcom Pte. Ltd.

CIK:0001649338|SEC Filings
v3.8.0.1
Condensed Consolidated Statements of Operations - Unaudited - USD ($)
shares in Millions, $ in Millions
3 Months Ended
Feb. 04, 2018
Jan. 29, 2017
Net revenue $ 5,327 $ 4,139
Cost of products sold:    
Cost of products sold 1,899 1,573
Purchase accounting effect on inventory 70 0
Amortization of acquisition-related intangible assets 715 559
Restructuring charges 15 6
Total cost of products sold 2,699 2,138
Gross margin 2,628 2,001
Research and development 925 808
Selling, general and administrative 291 201
Amortization of acquisition-related intangible assets 339 440
Restructuring, impairment and disposal charges 130 46
Total operating expenses 1,685 1,495
Operating income 943 506
Interest expense (183) (111)
Loss on extinguishment of debt 0 (159)
Other income, net 35 31
Income from continuing operations before income taxes 795 267
Provision for (benefit from) income taxes (5,786) 10
Income from continuing operations 6,581 257
Loss from discontinued operations, net of income taxes (15) (5)
Net income 6,566 252
Net income attributable to noncontrolling interest 336 13
Net income attributable to ordinary shares $ 6,230 $ 239
Basic income (loss) per share attributable to ordinary shares:    
Income per share from continuing operations $ 15.23 $ 0.61
Loss per share from discontinued operations (0.03) (0.01)
Net income per share 15.20 0.60
Diluted income (loss) per share attributable to ordinary shares:    
Income per share from continuing operations 14.66 0.58
Loss per share from discontinued operations (0.04) (0.01)
Net income per share $ 14.62 $ 0.57
Weighted-average shares:    
Basic 410 399
Diluted 426 439
Common Stock, Dividends, Declared and Paid per Share $ 1.75 $ 1.02
Broadcom Cayman L.P. [Member]    
Net revenue $ 5,327 $ 4,139
Cost of products sold:    
Cost of products sold 1,899 1,573
Purchase accounting effect on inventory 70 0
Amortization of acquisition-related intangible assets 715 559
Restructuring charges 15 6
Total cost of products sold 2,699 2,138
Gross margin 2,628 2,001
Research and development 925 808
Selling, general and administrative 291 201
Amortization of acquisition-related intangible assets 339 440
Restructuring, impairment and disposal charges 130 46
Total operating expenses 1,685 1,495
Operating income 943 506
Interest expense (183) (111)
Loss on extinguishment of debt 0 (159)
Other income, net 35 31
Income from continuing operations before income taxes 795 267
Provision for (benefit from) income taxes (5,786) 10
Income from continuing operations 6,581 257
Loss from discontinued operations, net of income taxes (15) (5)
Net income 6,566 252
General Partner's interest in net income 6,230 239
Limited Partners' interest in net income $ 336 $ 13
Cash distributions paid per exchangeable limited partnership unit $ 1.75 $ 1.02
Cash distribution paid to General Partner $ 717 $ 408