Broadcom Inc. Leases Disclosure
| Fiscal Year | ||||||||||||||||||||
| 2025 | 2024 | 2023 | ||||||||||||||||||
| (In millions) | ||||||||||||||||||||
Cash paid for leases included in operating cash flows | $ | 277 | $ | 223 | $ | 90 | ||||||||||||||
ROU assets obtained in exchange for lease liabilities | $ | 220 | $ | 1,165 | $ | 28 | ||||||||||||||
| November 2, 2025 | November 3, 2024 | ||||||||||||||||
Weighted-average remaining lease term (in years) | 11 | 11 | |||||||||||||||
Weighted-average discount rate | 4.78 | % | 5.31 | % | |||||||||||||
| Classification on the Consolidated Balance Sheets | November 2, 2025 | November 3, 2024 | ||||||||||||||||||
| (In millions) | ||||||||||||||||||||
ROU assets | $ | 1,318 | $ | 1,325 | ||||||||||||||||
Short-term lease liabilities | $ | 144 | $ | 207 | ||||||||||||||||
Long-term lease liabilities | $ | 1,181 | $ | 1,143 | ||||||||||||||||
| (In millions) | ||||||||
| 2026 | $ | 212 | ||||||
| 2027 | 196 | |||||||
| 2028 | 168 | |||||||
| 2029 | 144 | |||||||
| 2030 | 128 | |||||||
| Thereafter | 877 | |||||||
| Total undiscounted liabilities | 1,725 | |||||||
| Less: interest | (400) | |||||||
| Present value of lease liabilities | $ | 1,325 | ||||||
Historical Timeline
| Fiscal Year | Filed | |
|---|---|---|
| 2025 | Dec 18, 2025 | Showing above |
| 2024 | Dec 20, 2024 | |
| 2023 | Dec 14, 2023 | |
| 2022 | Dec 16, 2022 | |
| 2021 | Dec 17, 2021 | |
| 2020 | Dec 18, 2020 | |
About Leases Disclosures
Lease disclosures under ASC 842 provide a comprehensive view of a company's leased asset portfolio, including the split between operating and finance leases, discount rates used to present-value future payments, and the maturity schedule of lease obligations. This section reveals a significant source of off-balance-sheet commitments that were largely hidden before the current standard.
Key signals: the weighted-average discount rate affects the size of recorded lease liabilities — a higher rate reduces the reported obligation, so compare the chosen rate against the company's incremental borrowing rate. The operating versus finance lease mix affects both EBITDA and operating income presentation. Watch the maturity table for concentration risk: large payment cliffs in specific years may create cash flow pressure. Variable lease payments excluded from the liability measurement represent real obligations that do not appear on the balance sheet. Compare total lease costs against prior-year operating lease expense to assess the true economic burden.