Broadcom Reports Second Quarter 2015 Results

 


BROADCOM CORPORATION

Unaudited Condensed Consolidated Statements of Cash Flows

(In millions)












Three Months Ended


Six Months Ended


June 30,


March 31,


June 30,


June 30,


2015


2015


2014


2015


2014

Operating activities










Net income (loss)

$

386



$

209



$

(1)



$

595



$

164


Adjustments to reconcile net income (loss) to net cash provided by operating activities:










Depreciation and amortization

43



39



47



82



99


Stock-based compensation expense

86



90



113




176




233


Acquisition-related items:










Amortization of purchased intangible assets

33



37



56



70



115


Impairments of long-lived assets



143



165



143



190


Loss (gain) on sale of assets and other



3



2



3



(47)


Changes in operating assets and liabilities, net of acquisitions:










Accounts receivable, net

(105)



(12)



(62)



(117)



(1)


Inventory

18



(99)



(85)



(81)



(90)


Prepaid expenses and other assets

9



(65)



(8)



(56)



(4)


Accounts payable

146



(58)



105



88



97


Deferred revenue

(8)



(6)



(10)



(14)



105


Other accrued and long-term liabilities

194



(306)



(97)



(112)



(30)


Net cash provided by (used in) operating activities *

802



(25)



225



777



831


Investing activities










Net purchases of property and equipment

(17)



(156)



(80)



(173)



(158)


Net cash paid for acquired companies





(6)





(6)


Proceeds from sale (purchases) of certain assets and other



(15)





(15)



90


Purchases of marketable securities

(1,745)



(937)



(436)



(2,682)



(913)


Proceeds from sales and maturities of marketable securities

1,179



579



467



1,758



970


Net cash used in investing activities

(583)



(529)



(55)



(1,112)



(17)


Financing activities










Repurchases of Class A common stock

(128)



(335)



(191)



(463)



(191)


Dividends paid

(84)



(84)



(70)



(168)



(140)


Proceeds from issuance of common stock

327



148



229



475



283


Minimum tax withholding paid on behalf of employees for restricted stock units

(35)



(43)



(28)



(78)



(59)


Net cash provided by (used in) financing activities

80



(314)



(60)



(234)



(107)


Increase (decrease) in cash and cash equivalents

299



(868)



110



(569)



707


Cash and cash equivalents at beginning of period

1,677



2,545



2,254



2,545



1,657


Cash and cash equivalents at end of period

$

1,976



$

1,677



$

2,364



$

1,976



$

2,364




*

Net cash provided by operating activities reflects the normalization of working capital levels following the Company's transition to a new enterprise resource planning system in April 2015.


« Previous Page 1 | 2 | 3 | 4 | 5 | 6 | 7  Next Page »



Review Article Be the first to review this article
Featured Video
Jobs
Sr. Staff Design SSD ASIC Engineer for Toshiba America Electronic Components. Inc. at San Jose, CA
Principal Engineer FPGA Design for Intevac at Santa Clara, CA
Technical Support Engineer for EDA Careers at Freemont, CA
FAE FIELD APPLICATIONS SAN DIEGO for EDA Careers at San Diego, CA
SOC Logic Design Engineer for Global Foundaries at Santa Clara, CA
Senior DSP Architect / System Engineer for General Dynamics Mission Systems at Scottsdale, AZ
Upcoming Events
FPGA 2017 at 350 Calle Pincipal, Marriott Hotel Monterey CA - Feb 22 - 24, 2017
DVCon 2017 Conference at DoubleTree Hotel San Jose CA - Feb 27 - 2, 2017
IoT Summit 2017 at Great America ballroom, Santa Clara Convention Center Santa Clara CA - Mar 16 - 17, 2017
SNUG Silicon Valley 2017 at Santa Clara Convention Center Santa Clara CA - Mar 22 - 23, 2017



Internet Business Systems © 2017 Internet Business Systems, Inc.
595 Millich Dr., Suite 216, Campbell, CA 95008
+1 (408)-337-6870 — Contact Us, or visit our other sites:
AECCafe - Architectural Design and Engineering TechJobsCafe - Technical Jobs and Resumes GISCafe - Geographical Information Services  MCADCafe - Mechanical Design and Engineering ShareCG - Share Computer Graphic (CG) Animation, 3D Art and 3D Models
  Privacy Policy