Going into the weeds

Getting Started with Broadcom`s datasheet

There is a ~16 billion dollar cash position.

What I find interesting is the relatively stable Goodwill in the long term asset section.

Which if you want to read the whole thing you can read that here

Goodwill. Goodwill represents the excess of purchase price and related costs over the value assigned to the net tangible and

identifiable intangible assets of businesses acquired. Goodwill is not amortized but is reviewed annually (or more frequently if impairment

indicators arise) for impairment. To review for impairment, we first assess qualitative factors to determine whether events or circumstances

lead to a determination that it is more likely than not that the fair value of any of our reporting units is less than its carrying amount. Our

qualitative assessment of the recoverability of goodwill, whether performed annually or based on specific events or circumstances, considers

various macroeconomic, industry-specific and company-specific factors. Those factors include: (i) severe adverse industry or economic

trends; (ii) significant company-specific actions, including exiting an activity in conjunction with restructuring of operations; (iii) current,

historical or projected deterioration of our financial performance; or (iv) a sustained decrease in our market capitalization below our net book

value. After assessing the totality of events and circumstances, if we determine that it is not more likely than not that the fair value of any of

our reporting units is less than its carrying amount, no further assessment is performed. If we determine that it is more likely than not that the

fair value of any of our reporting units is less than its carrying amount, we calculate the fair value of that reporting unit and compare the fair

value to the reporting unit’s net book value. If the fair value of the reporting unit is greater than its net book value, there is no impairment.

Otherwise, we calculate the implied fair value of goodwill by deducting the fair value of all tangible and intangible assets, excluding goodwill,

of the reporting unit from the fair value of the reporting unit. The implied fair value of goodwill is compared to the carrying value of goodwill. If

the implied fair value of goodwill is less than the carrying value of goodwill, an impairment loss is recognized equal to the difference.

Determining the fair value of a reporting unit involves the use of significant estimates and assumptions.

Which is a hole lot of mumbo jumbo to summarize this word salad they are placing a value on

• Expected future growth and synergies.

• Established brand reputation and customer relationships.

• Assembled workforce and proprietary technology.

That is a whole lot a value to put on goodwill.

I am guessing this is tied to their acquisition of VMware and Symantec.