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 Firm50
Consolidated Balance Sheets51
Consolidated Statements of Operations52
Consolidated Statements of Comprehensive Income53
Consolidated Statements of Cash Flows54
Consolidated Statements of Stockholders’ Equity55
Notes to Consolidated Financial Statements56
  1. Financial Statement Schedules

The financial statement schedule of the Registrant and its subsidiaries for fiscal years 2024, 2023 and 2022 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 Accounts92

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.8-K001-384492.105-26-2022
3.1Amended and Restated Certificate of Incorporation (including all amendments thereto).10-Q001-384493.109-11-2024
3.2Amended and Restated Bylaws.8-K12B001-384493.204-04-2018
4.1Form of Common Stock Certificate.10-Q001-384494.106-14-2018
4.2Description of Common Stock.X
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.8-K001-376904.101-20-2017
4.4First Supplemental Indenture to the January 2017 Indenture, dated as of April 9, 2018.8-K001-384494.104-09-2018
4.5Second Supplemental Indenture to the January 2017 Indenture, dated as of January 25, 2019.8-K001-384494.101-25-2019
Incorporated by Reference
Exhibit NumberDescriptionFormFile No.ExhibitFiling DateFiled Herewith
4.6Form of 3.625% Senior Notes due 2024 (included in Exhibit 4.3).8-K001-376904.101-20-2017
4.7Form of 3.875% Senior Notes due 2027 (included in Exhibit 4.3).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.8-K001-376904.110-17-2017
4.9Supplemental Indenture to the October 2017 Indenture, dated as of April 9, 2018.8-K001-384494.204-09-2018
4.10Second Supplemental Indenture to the October 2017 Indenture, dated as of January 25, 2019.8-K001-384494.201-25-2019
4.11Form of 2.650% Senior Notes due 2023 (included in Exhibit 4.8).8-K001-376904.110-17-2017
4.12Form of 3.125% Senior Notes due 2025 (included in Exhibit 4.8).8-K001-376904.110-17-2017
4.13Form of 3.500% Senior Notes due 2028 (included in Exhibit 4.8).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, and Wilmington Trust, National Association, as trustee.8-K001-384494.104-05-2019
4.15Form of 3.625% Senior Notes due 2024 (included in Exhibit 4.14).8-K001-384494.104-05-2019
4.16Form of 4.750% Senior Notes due 2029 (included in Exhibit 4.14).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.8-K001-384494.104-09-2020
4.18Form of 5.000% Senior Notes due 2030 (included in Exhibit 4.17).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.8-K001-384494.105-08-2020
4.20Form of 2.250% Senior Notes due 2023 (included in Exhibit 4.19).8-K001-384494.105-08-2020
4.21Form of 3.150% Senior Notes due 2025 (included in Exhibit 4.19).8-K001-384494.105-08-2020
4.22Form of 4.150% Senior Notes due 2030 (included in Exhibit 4.19).8-K001-384494.105-08-2020
4.23Form of 4.300% Senior Notes due 2032 (included in Exhibit 4.19).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.8-K001-384494.105-21-2020
4.25Form of 3.459% Senior Notes due 2026 (included in Exhibit 4.24).8-K001-384494.105-21-2020
Incorporated by Reference
Exhibit NumberDescriptionFormFile No.ExhibitFiling DateFiled Herewith
4.26Form of 4.110% Senior Notes due 2028 (included in Exhibit 4.24).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.8-K001-384494.101-19-2021
4.28Form of 1.950% Senior Notes due 2028 (included in Exhibit 4.27).8-K001-384494.101-19-2021
4.29Form of 2.450% Senior Notes due 2031 (included in Exhibit 4.27).8-K001-384494.101-19-2021
4.30Form of 2.600% Senior Notes due 2033 (included in Exhibit 4.27).8-K001-384494.101-19-2021
4.31Form of 3.500% Senior Notes due 2041 (included in Exhibit 4.27).8-K001-384494.101-19-2021
4.32Form of 3.750% Senior Notes due 2051 (included in Exhibit 4.27).8-K001-384494.101-19-2021
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.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.8-K001-384494.103-31-2021
4.35Form of 3.419% Senior Notes due 2033 (included in Exhibit 4.34).8-K001-384494.103-31-2021
4.36Form of 3.469% Senior Notes due 2034 (included in Exhibit 4.34).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.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.8-K001-384494.109-30-2021
4.39Form of 3.137% Senior Notes due 2035 (included in Exhibit 4.38).8-K001-384494.109-30-2021
4.40Form of 3.187% Senior Notes due 2036 (included in Exhibit 4.38).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.8-K001-384494.409-30-2021
4.42Indenture, dated April 14, 2022, between the Company and Wilmington Trust, National Association, as trustee.8-K001-384494.104-15-2022
4.43Form of 4.00% Senior Notes due 2029 (included in Exhibit 4.42).8-K001-384494.104-15-2022
Incorporated by Reference
Exhibit NumberDescriptionFormFile No.ExhibitFiling DateFiled Herewith
4.44Form of 4.15% Senior Notes due 2032 (included in Exhibit 4.42).8-K001-384494.104-15-2022
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.8-K001-384494.404-15-2022
4.46Indenture, dated April 18, 2022, between the Company and Wilmington Trust, National Association, as trustee.8-K001-384494.104-18-2022
4.47Form of 4.926% Senior Notes due 2037 (included in Exhibit 4.46).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.8-K001-384494.304-18-2022
4.49Indenture, dated July 12, 2024, between the Company and Wilmington Trust, National Association, as trustee.8-K001-384494.107-12-2024
4.50Supplemental Indenture No. 1, dated July 12, 2024, between the Company and Wilmington Trust, National Association, as trustee.8-K001-384494.207-12-2024
4.51Form of 5.050% Senior Notes due 2027 (included in Exhibit 4.50).8-K001-384494.207-12-2024
4.52Form of 5.050% Senior Notes due 2029 (included in Exhibit 4.50).8-K001-384494.207-12-2024
4.53Form of 5.150% Senior Notes due 2031 (included in Exhibit 4.50).8-K001-384494.207-12-2024
4.54Supplemental Indenture No. 2, dated October 2, 2024, between the Company and Wilmington Trust, National Association, as trustee.8-K001-384494.210-02-2024
4.55Form of 4.150% Senior Notes due 2028 (included in Exhibit 4.54).8-K001-384494.210-02-2024
4.56Form of 4.350% Senior Notes due 2030 (included in Exhibit 4.54).8-K001-384494.210-02-2024
4.57Form of 4.550% Senior Notes due 2032 (included in Exhibit 4.54).8-K001-384494.210-02-2024
4.58Form of 4.800% Senior Notes due 2034 (included in Exhibit 4.54).8-K001-384494.210-02-2024
10.1Form of Indemnification and Advancement Agreement (effective April 4, 2018).8-K12B001-3844910.104-04-2018
10.2Credit 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.8-K001-3844910.101-19-2021
10.3Amendment 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, 2021.10-Q001-3844910.106-07-2023
Incorporated by Reference
Exhibit NumberDescriptionFormFile No.ExhibitFiling DateFiled Herewith
10.4Credit 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.8-K001-3844910.108-16-2023
10.5First Amendment to Credit Agreement, dated as of December 1, 2023, amending the Credit Agreement, dated as of August 15, 2023, among Broadcom, the lenders and other parties thereto, and Bank of America, N.A., as Administrative Agent.10-Q001-3844910.503-14-2024
10.6Lease Agreement dated August 10, 2017 between Five Point Office Venture I, LLC and Broadcom Corporation.10-K001-3769010.2912-21-2017
10.7First Amendment to Lease Agreement by and between Five Point Office Venture 1, LLC and Broadcom Corporation.10-K001-3844910.1812-18-2020
10.8*Settlement and Patent License and Non-Assert Agreement by and between Qualcomm Incorporated and Broadcom Corporation.8-K/A000-2399310.107-23-2009
10.9+Avago Technologies Limited 2009 Equity Incentive Award Plan.S-1/A333-15312710.1807-27-2009
10.10+Broadcom Inc. Employee Stock Purchase Plan (as amended and restated on April 1, 2019).Schedule 14A001-38449Appendix B-102-19-2019
10.11+LSI Corporation 2003 Equity Incentive Plan, as amended.S-8333-1957414.105-06-2014
10.12+Amendment to the LSI Corporation 2003 Equity Incentive Plan (effective February 1, 2016).10-K001-3769010.4512-23-2016
10.13+Amendment to the LSI Corporation 2003 Equity Incentive Plan (effective April 4, 2018).8-K12B001-3844910.1004-04-2018
10.14+Broadcom Inc. 2012 Stock Incentive Plan (as amended and restated on April 5, 2021).10-Q001-3844910.106-11-2021
10.15+VMware, Inc. Amended and Restated 2007 Equity and Incentive Plan.S-8333-27570299.111-22-2023
10.16+Form of Annual Bonus Plan for Executive Employees.10-K001-3769010.5312-23-2016
10.17+Form of Agreement for Multi-Year Equity Award of Restricted Stock Unit Award under the Avago Technologies Limited 2009 Equity Incentive Award Plan (effective December 5, 2017).8-K001-3844910.112-06-2018
10.18+Form of Agreement for Multi-Year Equity Award of Performance Stock Units under the Avago Technologies Limited 2009 Equity Incentive Award Plan (effective March 13, 2018).8-K001-3844910.212-06-2018
10.19+Form of Restricted Stock Unit Award Agreement under LSI Corporation 2003 Equity Incentive Plan, as amended (effective December 8, 2020).10-K001-3844910.5112-18-2020
10.20+Form of Performance Stock Unit Agreement (Relative TSR) under LSI Corporation 2003 Equity Incentive Plan, as amended (effective December 8, 2020).10-K001-3844910.5212-18-2020
10.21+Form of Restricted Stock Unit Award Agreement under Broadcom Corporation 2012 Stock Incentive Plan (effective December 5, 2017).10-K001-3769010.6112-21-2017
Incorporated by Reference
Exhibit NumberDescriptionFormFile No.ExhibitFiling DateFiled Herewith
10.22+Form of Restricted Stock Unit Award Agreement under Broadcom Inc. 2012 Stock Incentive Plan (effective April 5, 2021).10-Q001-3844910.306-11-2021
10.23+Form of Performance Share Unit Agreement (Relative TSR) under Broadcom Corporation 2012 Stock Incentive Plan (effective March 15, 2018).10-Q001-3769010.503-15-2018
10.24+Form of Performance Stock Unit Award Agreement under the Broadcom Inc. 2012 Stock Incentive Plan (effective April 5, 2021).10-Q001-3844910.406-11-2021
10.25+Form of Performance Stock Unit Award Agreement (Price Contingency) under Broadcom Inc. 2012 Stock Incentive Plan.8-K001-3844910.111-02-2022
10.26+Performance Stock Unit Award Agreement, dated April 5, 2021, between Broadcom Inc. and Hock E. Tan.10-Q001-3844910.206-11-2021
10.27+Broadcom Inc. 2023 Inducement Plan.S-8333-27605399.112-14-2023
10.28+Form of Restricted Stock Unit Agreement under Broadcom Inc. 2023 Inducement Plan.S-8333-27605399.212-14-2023
10.29+Form of Performance Stock Unit Agreement under Broadcom Inc. 2023 Inducement Plan.S-8333-27605399.312-14-2023
10.30+Policy on Acceleration of Executive Staff Equity Awards in the Event of Permanent Disability (as amended June 2, 2021).8-K001-3844910.106-03-2021
10.31+Policy on Acceleration of Equity Awards in the Event of Death (as amended January 1, 2023).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.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.8-K001-3844910.212-10-2020
10.34+Severance Benefits Agreement, dated September 26, 2017, between Broadcom Limited and Mark Brazeal.10-Q001-3844910.1806-16-2018
10.35+Severance Benefits Agreement, dated December 10, 2020, between Broadcom Inc. and Kirsten M. Spears.8-K001-3844910.512-10-2020
19.1Broadcom Inc. Insider Trading Compliance PolicyX
21.1List of Subsidiaries.X
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
Incorporated by Reference
Exhibit NumberDescriptionFormFile No.ExhibitFiling DateFiled Herewith
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.10-K001-3844997.112-14-2023
101.INSInline XBRL 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.SCHInline XBRL Schema Document.X
101.CALInline XBRL Calculation Linkbase Document.X
101.DEFInline XBRL Definition Linkbase Document.X
101.LABInline XBRL Labels Linkbase Document.X
101.PREInline XBRL 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.
*Certain information omitted pursuant to a request for confidential treatment filed with the SEC.

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