Broadcom Inc. AVGO Income Statement

Broadcom inc. (AVGO)

Income statement / TTM

Feb'20	Nov'19	Aug'19	May'19	Feb'19	Nov'18	Aug'18	May'18	Feb'18	Jul'17	Apr'17
Net revenue:
Total net revenue
22,666	22,597	22,265	21,813	21,310	20,848	19,867	18,994	0	0	0
Cost of revenue:
Cost of products sold
6,113	6,208	6,250	6,387	6,602	6,924	6,862	6,770	0	0	0
Cost of subscriptions and services
554	515	431	323	212	97	0	0	0	-	-
Purchase accounting effect on inventory
-	-	0	0	-	70	71	72	0	0	0
Amortization of acquisition-related intangible assets
3,431	3,314	3,249	3,183	3,122	3,004	2,897	2,774	0	0	0
Restructuring charges
29	77	69	69	61	20	19	27	0	0	0
Total cost of revenue
10,127	10,114	9,999	9,962	9,997	10,115	9,920	9,690	0	0	0
Gross Profit
12,539	12,483	12,266	11,851	11,313	10,733	9,947	9,304	0	0	0
Research and development
4,852	4,696	4,467	4,191	3,976	3,768	3,647	3,517	0	0	0
Selling, general and administrative
1,839	1,709	1,537	1,361	1,236	1,056	1,019	989	0	0	0
Amortization of acquisition-related intangible assets
2,025	1,898	1,491	1,084	678	541	915	1,289	0	0	0
Restructuring, impairment and disposal charges
220	736	715	685	662	219	235	243	0	0	0
Total operating expenses
8,936	9,039	8,224	7,335	6,566	5,598	5,816	6,038	0	0	0
Operating Income (Loss)
3,603	3,444	4,042	4,516	4,747	5,135	4,131	3,266	0	0	0
Interest expense
1,505	1,444	1,231	1,018	790	628	592	555	0	0	0
Other Nonoperating Income (Expense)
154	226	196	194	177	144	132	96	0	0	0
Gain (Loss) on Extinguishment of Debt
-	-	-	-	-	-	-	-	-	0	0
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest
2,252	2,226	2,901	3,586	4,028	4,545	3,671	2,807	0	0	0
Benefit from income taxes
-383	-510	-103	100	-2,501	-8,084	-8,352	-8,487	0	0	0
Income (Loss) from Continuing Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest
2,635	2,736	3,004	3,486	6,529	12,629	12,023	11,294	0	0	0
Income (loss) from discontinued operations, net of income taxes
3	-12	-12	-13	-14	-19	-21	-24	0	0	0
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest
2,638	2,724	2,992	3,473	6,515	12,610	12,002	11,270	0	0	0
Less: Dividends on preferred stock
0	-	-	-	0	-	-	-	-	-	-
Net income attributable to noncontrolling interest
-	-	0	0	-	351	377	401	0	0	0
Net Income (Loss) Available to Common Stockholders, Basic
2,535	2,695	2,992	3,473	6,500	12,259	11,625	10,869	0	0	0
Comprehensive income
0	-	-	-	0	-	-	-	-	-	-
Earnings Per Share [Abstract]
Earnings Per Share, Basic [Abstract]
Income per share from continuing operations (in dollars per share)
0.77	2.05	1.80	1.75	1.20	2.52	2.78	8.84	15.23	1.19	1.10
Income (Loss) from Discontinued Operations and Disposal of Discontinued Operations, Net of Tax, Per Basic Share
0.01	0.01	0.00	-0.01	-0.03	0.00	0.00	-0.01	-0.03	-0.01	-0.01
Earnings Per Share, Basic
0.78	2.06	1.80	1.74	1.17	2.52	2.78	8.83	15.20	1.18	1.09
Earnings Per Share, Diluted [Abstract]
Income (Loss) from Continuing Operations, Per Diluted Share
0.73	1.96	1.71	1.64	1.15	2.77	2.71	8.34	14.66	1.14	1.06
Income (Loss) from Discontinued Operations and Disposal of Discontinued Operations, Net of Tax, Per Diluted Share
0.01	0.00	0.00	0.00	-0.03	0.01	0.00	-0.01	-0.04	0.00	-0.01
Earnings Per Share, Diluted
0.74	1.96	1.71	1.64	1.12	2.78	2.71	8.33	14.62	1.14	1.05
Weighted-average shares used in per share calculations:
Weighted Average Number of Shares Outstanding, Basic
398	396	398	397	401	411	430	421	410	407	403
Weighted Average Number of Shares Outstanding, Diluted
420	417	418	422	419	409	441	448	426	445	442
Cash dividends declared and paid per share
-	-	-	-	-	-	-	-	-	1.02	1.02
Products
Total net revenue
17,682	18,117	18,584	18,954	19,285	19,754	0	0	0	-	-
Subscriptions and services
Total net revenue
4,984	4,480	3,681	2,859	2,025	1,094	0	0	0	-	-