Item 15. EXHIBITS AND FINANCIAL STATEMENT SCHEDULES

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Item 15. EXHIBITS AND FINANCIAL STATEMENT SCHEDULES

(a) The following are filed as part of this Annual Report on Form 10-K:

  1. Financial Statements

The following consolidated financial statements are included in Item 8 of this Annual Report on Form 10-K:

Page
Reports of Independent Registered Public Accounting Firm49
Consolidated Balance Sheets50
Consolidated Statements of Operations51
Consolidated Statements of Comprehensive Income52
Consolidated Statements of Cash Flows53
Consolidated Statements of Stockholders’ Equity54
Notes to Consolidated Financial Statements55
  1. Financial Statement Schedules

The financial statement schedule of the Registrant and its subsidiaries for fiscal years 2023, 2022 and 2021 required by Item 15(a) (Schedule II, Valuation and Qualifying Accounts) is included in Item 8 of this Annual Report on Form 10-K:

Page
Schedule II - Valuation and Qualifying Accounts88

Schedules not filed have been omitted because they are not applicable, are not required or the information required to be set forth therein is included in the financial statements or notes thereto.

  1. Exhibits

The documents set forth below are filed herewith or incorporated by reference to the location indicated.

Incorporated by Reference
Exhibit NumberDescriptionFormFile No.ExhibitFiling DateFiled Herewith
2.1Agreement and Plan of Merger, dated as of May 26, 2022, by and among Broadcom Inc., VMware, Inc., Verona Holdco, Inc., Verona Merger Sub, Inc., Barcelona Merger Sub 2, Inc. and Barcelona Merger Sub 3, LLC.Broadcom Inc. Current Report on Form 8-K001-384492.105-26-2022
3.1Amended and Restated Certificate of Incorporation.Broadcom Inc. Current Report on Form 8-K12B001-384493.104-04-2018
3.2Certificate of Designation of the 8.00% Mandatory Convertible Preferred Stock, Series A.Broadcom Inc. Current Report on Form 8-K001-384493.109-30-2019
3.3Amended and Restated Bylaws.Broadcom Inc. Current Report on Form 8-K12B001-384493.204-04-2018
4.1Form of Common Stock Certificate.Broadcom Inc. Quarterly Report on Form 10-Q001-384494.106-14-2018
4.2Description of Common Stock.Broadcom Inc. Annual Report on Form 10-K001-384494.312-20-2019
Incorporated by Reference
Exhibit NumberDescriptionFormFile No.ExhibitFiling DateFiled Herewith
4.3Indenture, dated as of January 19, 2017, by and among the Broadcom Corporation and Broadcom Cayman Finance Limited (the “Co-Issuers”), the guarantors and Wilmington Trust, National Association, as trustee.Broadcom Limited Current Report on Form 8-K001-376904.101-20-2017
4.4Supplement Indenture to the January 2017 Indenture, dated as of April 9, 2018.Broadcom Inc. Current Report on Form 8-K001-384494.104-09-2018
4.5Second Supplement Indenture to the January 2017 Indenture, dated as of January 25, 2019.Broadcom Inc. Current Report on Form 8-K001-384494.101-25-2019
4.6Form of 3.625% Senior Notes due 2024 (included in Exhibit 4.5).Broadcom Limited Current Report on Form 8-K001-376904.101-20-2017
4.7Form of 3.875% Senior Notes due 2027 (included in Exhibit 4.5).Broadcom Limited Current Report on Form 8-K001-376904.101-20-2017
4.8Indenture, dated as of October 17, 2017, by and among the Co-Issuers, the guarantors and Wilmington Trust, National Association, as trustee.Broadcom Limited Current Report on Form 8-K001-376904.110-17-2017
4.9Supplemental Indenture to October 2017 Indenture, dated as of April 9, 2018.Broadcom Inc. Current Report on Form 8-K001-384494.204-09-2018
4.10Second Supplemental Indenture to October 2017 Indenture, dates as of January 25, 2019.Broadcom Inc. Current Report on Form 8-K001-384494.201-25-2019
4.11Form of 2.650% Senior Notes due 2023 (included in Exhibit 4.11).Broadcom Limited Current Report on Form 8-K001-376904.110-17-2017
4.12Form of 3.125% Senior Notes due 2025 (included in Exhibit 4.11).Broadcom Limited Current Report on Form 8-K001-376904.110-17-2017
4.13Form of 3.500% Senior Notes due 2028 (included in Exhibit 4.11).Broadcom Limited Current Report on Form 8-K001-376904.110-17-2017
4.14Indenture, dated as of April 5, 2019, by and among the Company, as Issuer, Broadcom Technologies Inc., Broadcom Corporation and Broadcom Cayman Finance Limited (the “2019 Guarantors”), and Wilmington Trust, National Association, as trustee.Broadcom Inc. Current Report on Form 8-K001-384494.104-05-2019
4.15Form of 3.625% Senior Notes due 2024 (included in Exhibit 4.17).Broadcom Inc. Current Report on Form 8-K001-384494.104-05-2019
4.16Form of 4.750% Senior Notes due 2029 (included in Exhibit 4.17).Broadcom Inc. Current Report on Form 8-K001-384494.104-05-2019
4.17Indenture, dated as of April 9, 2020, by and among the Company, as Issuer, Broadcom Technologies Inc. and Broadcom Corporation (the “2020 Guarantors”), and Wilmington Trust, National Association, as trustee.Broadcom Inc. Current Report on Form 8-K001-384494.104-09-2020
Incorporated by Reference
Exhibit NumberDescriptionFormFile No.ExhibitFiling DateFiled Herewith
4.18Form of 5.000% Senior Notes due 2030 (included in Exhibit 4.21).Broadcom Inc. Current Report on Form 8-K001-384494.104-09-2020
4.19Indenture, dated as of May 8, 2020, by and among the Company, as Issuer, the 2020 Guarantors, and Wilmington Trust, National Association, as trustee.Broadcom Inc. Current Report on Form 8-K001-384494.105-08-2020
4.20Form of 2.250% Senior Notes due 2023 (included in Exhibit 4.24).Broadcom Inc. Current Report on Form 8-K001-384494.105-08-2020
4.21Form of 3.150% Senior Notes due 2025 (included in Exhibit 4.24).Broadcom Inc. Current Report on Form 8-K001-384494.105-08-2020
4.22Form of 4.150% Senior Notes due 2030 (included in Exhibit 4.24).Broadcom Inc. Current Report on Form 8-K001-384494.105-08-2020
4.23Form of 4.300% Senior Notes due 2032 (included in Exhibit 4.24).Broadcom Inc. Current Report on Form 8-K001-384494.105-08-2020
4.24Indenture, dated as of May 21, 2020, by and among the Company, the 2020 Guarantors and Wilmington Trust, National Association, as trustee.Broadcom Inc. Current Report on Form 8-K001-384494.105-21-2020
4.25Form of 3.459% Senior Notes due 2026 (included in Exhibit 4.29).Broadcom Inc. Current Report on Form 8-K001-384494.105-21-2020
4.26Form of 4.110% Senior Notes due 2028 (included in Exhibit 4.29).Broadcom Inc. Current Report on Form 8-K001-384494.105-21-2020
4.27Indenture, dated as of January 19, 2021, by and among the Company, the 2020 Guarantors and Wilmington Trust, National Association, as Trustee.Broadcom Inc. Current Report on Form 8-K001-384494.101-19-2021
4.28Form of 1.950% Senior Notes due 2028 (included in Exhibit 4.32).Broadcom Inc. Current Report on Form 8-K001-384494.101-19-2021
4.29Form of 2.450% Senior Notes due 2031 (included in Exhibit 4.32).Broadcom Inc. Current Report on Form 8-K001-384494.101-19-2021
4.30Form of 2.600% Senior Notes due 2033 (included in Exhibit 4.32).Broadcom Inc. Current Report on Form 8-K001-384494.101-19-2021
4.31Form of 3.500% Senior Notes due 2041 (included in Exhibit 4.32).Broadcom Inc. Current Report on Form 8-K001-384494.101-19-2021
4.32Form of 3.750% Senior Notes due 2051 (included in Exhibit 4.32).Broadcom Inc. Current Report on Form 8-K001-384494.101-19-2021
Incorporated by Reference
Exhibit NumberDescriptionFormFile No.ExhibitFiling DateFiled Herewith
4.33Registration Rights Agreement, dated as of January 19, 2021, by and among the Company, the 2020 Guarantors and Morgan Stanley & Co. LLC, BNP Paribas Securities Corp., RBC Capital Markets, LLC, SMBC Nikko Securities America, Inc., and Truist Securities, Inc., as representatives of the several initial purchasers of the January 2021 Senior Notes.Broadcom Inc. Current Report on Form 8-K001-384494.701-19-2021
4.34Indenture, dated as of March 31, 2021, by and between the Company and Wilmington Trust, National Association, as Trustee.Broadcom Inc. Current Report on Form 8-K001-384494.103-31-2021
4.35Form of 3.419% Senior Notes due 2033 (included in Exhibit 4.39).Broadcom Inc. Current Report on Form 8-K001-384494.103-31-2021
4.36Form of 3.469% Senior Notes due 2034 (included in Exhibit 4.39).Broadcom Inc. Current Report on Form 8-K001-384494.103-31-2021
4.37Registration Rights Agreement, dated as of March 31, 2021, by and among the Company and BofA Securities, Inc. and HSBC Securities (USA) Inc., as dealer-managers in connection with the March 2021 Exchange Offer.Broadcom Inc. Current Report on Form 8-K001-384494.403-31-2021
4.38Indenture, dated as of September 30, 2021, by and between the Company and Wilmington Trust, National Association, as Trustee.Broadcom Inc. Current Report on Form 8-K001-384494.109-30-2021
4.39Form of 3.137% Senior Notes due 2035 (included in Exhibit 4.43).Broadcom Inc. Current Report on Form 8-K001-384494.109-30-2021
4.40Form of 3.187% Senior Notes due 2036 (included in Exhibit 4.43).Broadcom Inc. Current Report on Form 8-K001-384494.109-30-2021
4.41Registration Rights Agreement, dated as of September 30, 2021, by and among the Company and BNP Paribas Securities Corp., J.P. Morgan Securities LLC and TD Securities (USA) LLC, as dealer-mangers in connection with the September 2021 exchange offer.Broadcom Inc. Current Report on Form 8-K001-384494.409-30-2021
4.42Indenture, dated April 14, 2022, between the Company and Wilmington Trust, National Association, as trustee.Broadcom Inc. Current Report on Form 8-K001-384494.104-15-2022
4.43Form of 4.00% Senior Notes due 2029 (included in Exhibit 4.47).Broadcom Inc. Current Report on Form 8-K001-384494.104-15-2022
4.44Form of 4.15% Senior Notes due 2032 (included in Exhibit 4.47).Broadcom Inc. Current Report on Form 8-K001-384494.104-15-2022
Incorporated by Reference
Exhibit NumberDescriptionFormFile No.ExhibitFiling DateFiled Herewith
4.45Registration Rights Agreement, dated as of April 14, 2022, between the Company and BofA Securities, Inc., HSBC Securities (USA) Inc., and RBC Capital Markets, LLC, as representatives of the several initial purchasers of the April 2022 Senior Notes.Broadcom Inc. Current Report on Form 8-K001-384494.404-15-2022
4.46Indenture, dated April 18, 2022, between the Company and Wilmington Trust, National Association, as trustee.Broadcom Inc. Current Report on Form 8-K001-384494.104-18-2022
4.47Form of 4.926% Senior Notes due 2037 (included in Exhibit 4.51).Broadcom Inc. Current Report on Form 8-K001-384494.104-18-2022
4.48Registration Rights Agreement, dated April 18, 2022, between the Company and Barclays Capital Inc., BBVA Securities Inc., BNP Paribas Securities Corp. and J.P. Morgan Securities LLC, as dealer-managers in connection with the April 2022 Exchange Offer.Broadcom Inc. Current Report on Form 8-K001-384494.304-18-2022
10.1Form of Indemnification and Advancement Agreement (effective April 4, 2018).Broadcom Inc. Current Report on Form 8-K12B001-3844910.104-04-2018
10.2Credit Agreement, dated as of May 7, 2019, among Broadcom Inc., the lenders and other parties party thereto, and Bank of America, N.A., as Administrative Agent.Broadcom Inc. Current Report on Form 8-K001-3844910.105-07-2019
10.3Credit Agreement, dated as of November 4, 2019, among Broadcom Inc., the lenders and other parties party thereto, and Bank of America, N.A., as Administrative Agent.Broadcom Inc. Current Report on Form 8-K001-3844910.111-04-2019
10.4Credit Agreement, dated as of January 19, 2021, among the Company, the lenders and other parties party thereto, and Bank of America, N.A., as Administrative Agent.Broadcom Inc. Current Report on Form 8-K001-3844910.101-19-2021
10.5Amendment No. 1, dated April 18, 2023, among Broadcom Inc., the lenders and other parties thereto, and Bank of America, N.A., as Administrative Agent, to the Credit Agreement, dated as of January 19, 2021.Broadcom Inc. Quarterly Report on Form 10-Q001-3844910.106-07-2023
10.6Credit Agreement, dated as of August 15, 2023, among Broadcom, the lenders and other parties party thereto, and Bank of America, N.A., as Administrative Agent.Broadcom Inc. Current Report on Form 8-K001-3844910.108-16-2023
10.7Lease Agreement dated August 10, 2017 between Five Point Office Venture I, LLC and Broadcom Corporation.Broadcom Limited Annual Report on Form 10-K001-3769010.2912-21-2017
10.8First Amendment to Lease Agreement by and between Five Point Office Venture 1, LLC and Broadcom Corporation.Broadcom Inc. Annual Report on Form 10-K001-3844910.1212-18-2020
Incorporated by Reference
Exhibit NumberDescriptionFormFile No.ExhibitFiling DateFiled Herewith
10.9+Settlement and Patent License and Non-Assert Agreement by and between Qualcomm Incorporated and Broadcom Corporation.Broadcom Corporation Current Report on Form 8-K/A000-2399310.107-23-2009
10.10+Avago Technologies Limited 2009 Equity Incentive Award Plan.Avago Technologies Limited Amendment No. 5 to Registration Statement on Form S-1333-15312710.1807-27-2009
10.11+Broadcom Inc. Employee Stock Purchase Plan (as amended and restated on April 1, 2019).Broadcom Inc. Definitive Proxy Statement on Schedule 14A001-38449Appendix B-102-19-2019
10.12+LSI Corporation 2003 Equity Incentive Plan, as amended.Avago Technologies Limited Registration Statement on Form S-8333-1957414.105-06-2014
10.13+Amendment to the LSI Corporation 2003 Equity Incentive Plan (effective February 1, 2016).Broadcom Limited Annual Report on Form 10-K001-3769010.4512-23-2016
10.14+Amendment to the LSI Corporation 2003 Equity Incentive Plan (effective April 4, 2018).Broadcom Inc. Current Report on Form 8-K12B001-3844910.1004-04-2018
10.15+Broadcom Inc. 2012 Stock Incentive Plan (as amended and restated on April 5, 2021).Broadcom Inc. Quarterly Report on Form 10-Q001-3844910.106-11-2021
10.16+Form of Annual Bonus Plan for Executive Employees.Broadcom Limited Annual Report on Form 10-K001-3769010.5312-23-2016
10.17+Form of Option Agreement under Avago Technologies Limited 2009 Equity Incentive Plan.Avago Technologies Limited Amendment No. 5 to Registration Statement on Form S-1333-15312710.6107-27-2009
10.18+Form of Restricted Stock Unit Agreement (Sell to Cover) Under Avago Technologies Limited 2009 Equity Incentive Award Plan (effective December 5, 2017).Broadcom Limited Annual Report on Form 10-K001-3769010.4912-21-2017
10.19+Form of Agreement for Multi-Year Equity Award of Restricted Stock Unit Award under the Avago Technologies Limited 2009 Equity Incentive Award Plan).Broadcom Inc. Current Report on Form 8-K001-3844910.112-06-2018
10.20+Form of Performance Share Unit Agreement (Relative TSR) under Avago Technologies Limited 2009 Equity Incentive Plan (effective March 13, 2018).Broadcom Limited Quarterly Report on Form 10-Q001-3769010.203-15-2018
10.21+Form of Agreement for Multi-Year Equity Award of Performance Stock Units under the Avago Technologies Limited 2009 Equity Incentive Award Plan).Broadcom Inc. Current Report on Form 8-K001-3844910.212-06-2018
Incorporated by Reference
Exhibit NumberDescriptionFormFile No.ExhibitFiling DateFiled Herewith
10.22+Form of Restricted Stock Unit Award Agreement under LSI Corporation 2003 Equity Incentive Plan, as amended (effective December 8, 2020).Broadcom Inc. Annual Report on Form 10-K001-3844910.5112-18-2020
10.23+Form of Performance Stock Unit Agreement (Relative TSR) under LSI Corporation 2003 Equity Incentive Plan, as amended (effective December 8, 2020).Broadcom Inc. Annual Report on Form 10-K001-3844910.5212-18-2020
10.24+Form of Restricted Stock Unit Award Agreement under Broadcom Corporation 2012 Stock Incentive Plan (effective December 5, 2017).Broadcom Limited Annual Report on Form 10-K001-3769010.6112-21-2017
10.25+Form of Restricted Stock Unit Award Agreement under Broadcom Inc. 2012 Stock Incentive Plan (effective April 5, 2021).Broadcom Inc. Quarterly Report on Form 10-Q001-3844910.306-11-2021
10.26+Form of Performance Share Unit Agreement (Relative TSR) under Broadcom Corporation 2012 Stock Incentive Plan (effective March 15, 2018).Broadcom Limited Quarterly Report on Form 10-Q001-3769010.503-15-2018
10.27+Form of Performance Stock Unit Award Agreement under the Broadcom Inc. 2012 Stock Incentive Plan (effective April 5, 2021).Broadcom Inc. Quarterly Report on Form 10-Q001-3844910.406-11-2021
10.28+Form of Performance Stock Unit Award Agreement (Price Contingency) under Broadcom Inc. 2012 Stock Incentive Plan.Broadcom Inc. Current Report on Form 8-K001-3844910.111-02-2022
10.29+Performance Stock Unit Award Agreement, dated April 5, 2021, between Broadcom Inc. and Hock E. Tan.Broadcom Inc. Quarterly Report on Form 10-Q001-3844910.206-11-2021
10.30+Policy on Acceleration of Executive Staff Equity Awards in the Event of Permanent Disability (as amended June 2, 2021).Broadcom Inc. Current Report on Form 8-K001-3844910.106-03-2021
10.31+Policy on Acceleration of Equity Awards in the Event of Death (as amended January 1, 2023).Broadcom Inc. Quarterly Report on Form 10-Q001-3844910.209-06-2023
10.32+Amended and Restated Severance Benefits Agreement, dated December 10, 2020, between Broadcom Inc. and Hock E. Tan.Broadcom Inc. Current Report on Form 8-K001-3844910.112-10-2020
10.33+Amended and Restated Severance Benefits Agreement, dated December 10, 2020, between Broadcom Inc. and Charlie B. Kawwas.Broadcom Inc. Current Report on Form 8-K001-3844910.212-10-2020
10.34+Severance Benefits Agreement, dated September 26, 2017, between Broadcom Limited and Mark Brazeal.Broadcom Inc. Quarterly Report on Form 10-Q001-3844910.1806-16-2018
10.35+Severance Benefits Agreement, dated December 10, 2020, between Broadcom Inc. and Kirsten M. Spears.Broadcom Inc. Current Report on Form 8-K001-3844910.512-10-2020
21.1List of Subsidiaries.X
Incorporated by Reference
Exhibit NumberDescriptionFormFile No.ExhibitFiling DateFiled Herewith
23.1Consent of PricewaterhouseCoopers LLP, independent registered public accounting firm.X
24.1Power of Attorney (see signature page to this Form 10-K).X
31.1Certification of Principal Executive Officer of Broadcom Inc. Pursuant to Rule 13a-14 of the Securities Exchange Act of 1934, as Adopted Pursuant to Section 302 of the Sarbanes-Oxley Act of 2002.X
31.2Certification of Principal Financial Officer of Broadcom Inc. Pursuant to Rule 13a-14 of the Securities Exchange Act of 1934, as Adopted Pursuant to Section 302 of the Sarbanes-Oxley Act of 2002.X
32.1Certification of Principal Executive Officer of Broadcom Inc. Pursuant to 18 U.S.C. Section 1350, as Adopted Pursuant to Section 906 of the Sarbanes-Oxley Act of 2002.X
32.2Certification of Principal Financial Officer of Broadcom Inc. Pursuant to 18 U.S.C. Section 1350, as Adopted Pursuant to Section 906 of the Sarbanes-Oxley Act of 2002.X
97.1Clawback Policy.X
101.INSXBRL Instance Document - the instance document does not appear in the Interactive Data File because its XBRL tags are embedded within the Inline XBRL document.X
101.SCHXBRL Schema Document.X
101.CALXBRL Calculation Linkbase Document.X
101.DEFXBRL Definition Linkbase Document.X
101.LABXBRL Labels Linkbase Document.X
101.PREXBRL Presentation Linkbase Document.X
104Cover Page Interactive Data File - the cover page interactive data file does not appear in the Interactive Data File because its XBRL tags are embedded within the Inline XBRL document.X

Notes:

+Indicates a management contract or compensatory plan or arrangement.
#Schedules have been omitted pursuant to Item 601(b)(2) of Regulation S-K. Broadcom Inc. hereby undertakes to furnish supplementally copies of any omitted schedules upon request by the SEC.
*Certain information omitted pursuant to a request for confidential treatment filed with the SEC.

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