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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 Firm46
Consolidated Balance Sheets47
Consolidated Statements of Operations48
Consolidated Statements of Comprehensive Income49
Consolidated Statements of Cash Flows50
Consolidated Statements of Stockholders’ Equity51
Notes to Consolidated Financial Statements52
  1. Financial Statement Schedules

The financial statement schedule of the Registrant and its subsidiaries for fiscal years 2025, 2024 and 2023 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.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.10-K001-384493.112-20-2024
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 3.875% Senior Notes due 2027 (included in Exhibit 4.3).8-K001-376904.101-20-2017
4.7Indenture, 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
4.8Supplemental Indenture to the October 2017 Indenture, dated as of April 9, 2018.8-K001-384494.204-09-2018
4.9Second Supplemental Indenture to the October 2017 Indenture, dated as of January 25, 2019.8-K001-384494.201-25-2019
4.10Form of 3.125% Senior Notes due 2025 (included in Exhibit 4.7).8-K001-376904.110-17-2017
4.11Form of 3.500% Senior Notes due 2028 (included in Exhibit 4.7).8-K001-376904.110-17-2017
4.12Indenture, 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
4.13Form of 4.750% Senior Notes due 2029 (included in Exhibit 4.12).8-K001-384494.104-05-2019
4.14Indenture, 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
4.15Form of 5.000% Senior Notes due 2030 (included in Exhibit 4.14).8-K001-384494.104-09-2020
4.16Indenture, 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
4.17Form of 3.150% Senior Notes due 2025 (included in Exhibit 4.16).8-K001-384494.105-08-2020
4.18Form of 4.150% Senior Notes due 2030 (included in Exhibit 4.16).8-K001-384494.105-08-2020
4.19Form of 4.300% Senior Notes due 2032 (included in Exhibit 4.16).8-K001-384494.105-08-2020
4.20Indenture, 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
4.21Form of 3.459% Senior Notes due 2026 (included in Exhibit 4.20).8-K001-384494.105-21-2020
4.22Form of 4.110% Senior Notes due 2028 (included in Exhibit 4.20).8-K001-384494.105-21-2020
4.23Indenture, 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
4.24Form of 1.950% Senior Notes due 2028 (included in Exhibit 4.23).8-K001-384494.101-19-2021
Incorporated by Reference
Exhibit NumberDescriptionFormFile No.ExhibitFiling DateFiled Herewith
4.25Form of 2.450% Senior Notes due 2031 (included in Exhibit 4.23).8-K001-384494.101-19-2021
4.26Form of 2.600% Senior Notes due 2033 (included in Exhibit 4.23).8-K001-384494.101-19-2021
4.27Form of 3.500% Senior Notes due 2041 (included in Exhibit 4.23).8-K001-384494.101-19-2021
4.28Form of 3.750% Senior Notes due 2051 (included in Exhibit 4.23).8-K001-384494.101-19-2021
4.29Indenture, dated as of March 31, 2021, by and between the Company and Wilmington Trust, National Association, as Trustee.8-K001-384494.103-31-2021
4.30Form of 3.419% Senior Notes due 2033 (included in Exhibit 4.29).8-K001-384494.103-31-2021
4.31Form of 3.469% Senior Notes due 2034 (included in Exhibit 4.29).8-K001-384494.103-31-2021
4.32Indenture, dated as of September 30, 2021, by and between the Company and Wilmington Trust, National Association, as Trustee.8-K001-384494.109-30-2021
4.33Form of 3.137% Senior Notes due 2035 (included in Exhibit 4.32).8-K001-384494.109-30-2021
4.34Form of 3.187% Senior Notes due 2036 (included in Exhibit 4.32).8-K001-384494.109-30-2021
4.35Registration 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
4.36Indenture, dated April 14, 2022, between the Company and Wilmington Trust, National Association, as trustee.8-K001-384494.104-15-2022
4.37Form of 4.00% Senior Notes due 2029 (included in Exhibit 4.36).8-K001-384494.104-15-2022
4.38Form of 4.15% Senior Notes due 2032 (included in Exhibit 4.36).8-K001-384494.104-15-2022
4.39Registration 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
4.40Indenture, dated April 18, 2022, between the Company and Wilmington Trust, National Association, as trustee.8-K001-384494.104-18-2022
4.41Form of 4.926% Senior Notes due 2037 (included in Exhibit 4.40).8-K001-384494.104-18-2022
4.42Registration 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
Incorporated by Reference
Exhibit NumberDescriptionFormFile No.ExhibitFiling DateFiled Herewith
4.43Indenture, dated July 12, 2024, between the Company and Wilmington Trust, National Association, as trustee.8-K001-384494.107-12-2024
4.44Supplemental Indenture No. 1, dated July 12, 2024, between the Company and Wilmington Trust, National Association, as trustee.8-K001-384494.207-12-2024
4.45Form of 5.050% Senior Notes due 2027 (included in Exhibit 4.44).8-K001-384494.207-12-2024
4.46Form of 5.050% Senior Notes due 2029 (included in Exhibit 4.44).8-K001-384494.207-12-2024
4.47Form of 5.150% Senior Notes due 2031 (included in Exhibit 4.44).8-K001-384494.207-12-2024
4.48Supplemental Indenture No. 2, dated October 2, 2024, between the Company and Wilmington Trust, National Association, as trustee.8-K001-384494.210-02-2024
4.49Form of 4.150% Senior Notes due 2028 (included in Exhibit 4.48).8-K001-384494.210-02-2024
4.50Form of 4.350% Senior Notes due 2030 (included in Exhibit 4.48).8-K001-384494.210-02-2024
4.51Form of 4.550% Senior Notes due 2032 (included in Exhibit 4.48).8-K001-384494.210-02-2024
4.52Form of 4.800% Senior Notes due 2034 (included in Exhibit 4.48).8-K001-384494.210-02-2024
4.53Supplemental Indenture No. 3, dated January 10, 2025, between the Company and Wilmington Trust, National Association, as trustee.8-K001-384494.201-10-2025
4.54Form of 4.800% Senior Notes due 2028 (included in Exhibit 4.53).8-K001-384494.201-10-2025
4.55Form of 5.050% Senior Notes due 2030 (included in Exhibit 4.53).8-K001-384494.201-10-2025
4.56Form of 5.200% Senior Notes due 2032 (included in Exhibit 4.53).8-K001-384494.201-10-2025
4.57Supplemental Indenture No. 4, dated July 11, 2025, between the Company and Wilmington Trust, National Association, as trustee.8-K001-384494.207-11-2025
4.58Form of 4.600% Senior Notes due 2030 (included in Exhibit 4.57).8-K001-384494.207-11-2025
4.59Form of 4.900% Senior Notes due 2032 (included in Exhibit 4.57).8-K001-384494.207-11-2025
4.60Form of 5.200% Senior Notes due 2035 (included in Exhibit 4.57).8-K001-384494.207-11-2025
4.61Supplemental Indenture No. 5, dated September 29, 2025, between the Company and Wilmington Trust, National Association, as trustee.8-K001-384494.209-29-2025
4.62Form of 4.200% Senior Notes due 2030 (included in Exhibit 4.61).8-K001-384494.209-29-2025
4.63Form of 4.800% Senior Notes due 2036 (included in Exhibit 4.61).8-K001-384494.209-29-2025
4.64Form of 4.900% Senior Notes due 2038 (included in Exhibit 4.61).8-K001-384494.209-29-2025
10.1Form of Indemnification and Advancement Agreement (effective 2018).8-K12B001-3844910.104-04-2018
Incorporated by Reference
Exhibit NumberDescriptionFormFile No.ExhibitFiling DateFiled Herewith
10.2Lease Agreement dated August 10, 2017 between Five Point Office Venture I, LLC and Broadcom Corporation.10-K001-3769010.2912-21-2017
10.3First Amendment to Lease Agreement by and between Five Point Office Venture 1, LLC and Broadcom Corporation.10-K001-3844910.1812-18-2020
10.4+Avago Technologies Limited 2009 Equity Incentive Award Plan.S-1/A333-15312710.1807-27-2009
10.5+Broadcom Inc. Employee Stock Purchase Plan (as amended and restated on April 1, 2019).Schedule 14A001-38449Appendix B-102-19-2019
10.6+LSI Corporation 2003 Equity Incentive Plan, as amended.S-8333-1957414.105-06-2014
10.7+Amendment to the LSI Corporation 2003 Equity Incentive Plan (effective 2016).10-K001-3769010.4512-23-2016
10.8+Amendment to the LSI Corporation 2003 Equity Incentive Plan (effective 2018).8-K12B001-3844910.1004-04-2018
10.9+Broadcom Inc. 2012 Stock Incentive Plan (as amended and restated on April 5, 2021).10-Q001-3844910.106-11-2021
10.10+VMware, Inc. Amended and Restated 2007 Equity and Incentive Plan.S-8333-27570299.111-22-2023
10.11+Form of Annual Bonus Plan for Executive Employees.10-K001-3769010.5312-23-2016
10.12+Form of Agreement for Multi-Year Equity Award of Restricted Stock Unit Award under the Avago Technologies Limited 2009 Equity Incentive Award Plan (effective 2017).8-K001-3844910.112-06-2018
10.13+Form of Agreement for Multi-Year Equity Award of Performance Stock Units under the Avago Technologies Limited 2009 Equity Incentive Award Plan (effective 2018).8-K001-3844910.212-06-2018
10.14+Form of Restricted Stock Unit Award Agreement under LSI Corporation 2003 Equity Incentive Plan, as amended (effective 2020).10-K001-3844910.5112-18-2020
10.15+Form of Performance Stock Unit Award Agreement (Relative TSR) under LSI Corporation 2003 Equity Incentive Plan, as amended (effective 2020).10-K001-3844910.5212-18-2020
10.16+Form of Restricted Stock Unit Award Agreement under Broadcom Inc. 2012 Stock Incentive Plan (effective 2021).10-Q001-3844910.306-11-2021
10.17+Form of Performance Stock Unit Award Agreement under the Broadcom Inc. 2012 Stock Incentive Plan (effective 2021).10-Q001-3844910.406-11-2021
10.18+Form of Performance Stock Unit Award Agreement (Price Contingency) under Broadcom Inc. 2012 Stock Incentive Plan.8-K001-3844910.111-02-2022
10.19+Form of Performance Stock Unit Award Agreement (Operating Metric) under Broadcom Inc. 2012 Stock Incentive Plan.8-K001-3844910.109-09-2025
10.20+Broadcom Inc. 2023 Inducement Plan.S-8333-27605399.112-14-2023
10.21+Form of Restricted Stock Unit Award Agreement under Broadcom Inc. 2023 Inducement Plan.S-8333-27605399.212-14-2023
Incorporated by Reference
Exhibit NumberDescriptionFormFile No.ExhibitFiling DateFiled Herewith
10.22+Form of Performance Stock Unit Award Agreement under Broadcom Inc. 2023 Inducement Plan.S-8333-27605399.312-14-2023
10.23+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
10.24+Policy on Acceleration of Equity Awards in the Event of Death (as amended January 1, 2023).10-Q001-3844910.209-06-2023
10.25+Amended and Restated Severance Benefits Agreement, dated December 10, 2020, between Broadcom Inc. and Hock E. Tan.8-K001-3844910.112-10-2020
10.26+Amended and Restated Severance Benefits Agreement, dated December 10, 2020, between Broadcom Inc. and Charlie B. Kawwas.8-K001-3844910.212-10-2020
10.27+Severance Benefits Agreement, dated September 26, 2017, between Broadcom Limited and Mark Brazeal.10-Q001-3844910.1806-16-2018
10.28+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
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
Incorporated by Reference
Exhibit NumberDescriptionFormFile No.ExhibitFiling DateFiled Herewith
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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