Property, Plant and Equipment Disclosure
Asset Age Ratios (Summary)
Average Age
Estimated Total Useful Life
Estimated Age, Time Elapsed Since Purchase
Estimated Remaining Life

Broadcom Inc., balance sheet: property, plant and equipment

US$ in millions

	Nov 3, 2024	Oct 29, 2023	Oct 30, 2022	Oct 31, 2021	Nov 1, 2020	Nov 3, 2019
Land	204)	195)	195)	195)	194)	189)
Construction in progress	57)	63)	63)	38)	113)	85)
Buildings and leasehold improvements	1,518)	1,181)	1,156)	1,150)	1,133)	1,078)
Machinery and equipment	5,246)	4,739)	4,413)	4,161)	3,891)	3,544)
Property, plant and equipment, gross	7,025)	6,178)	5,827)	5,544)	5,331)	4,896)
Accumulated depreciation and amortization	(4,504)	(4,024)	(3,604)	(3,196)	(2,822)	(2,331)
Property, plant and equipment, net	2,521)	2,154)	2,223)	2,348)	2,509)	2,565)

Based on: 10-K (reporting date: 2024-11-03), 10-K (reporting date: 2023-10-29), 10-K (reporting date: 2022-10-30), 10-K (reporting date: 2021-10-31), 10-K (reporting date: 2020-11-01), 10-K (reporting date: 2019-11-03).

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Item	Description	The company
Property, plant and equipment, gross	Amount before accumulated depreciation, depletion and amortization of physical assets used in the normal conduct of business and not intended for resale. Examples include, but are not limited to, land, buildings, machinery and equipment, office equipment, and furniture and fixtures.	Broadcom Inc. property, plant and equipment, gross increased from 2022 to 2023 and from 2023 to 2024.
Property, plant and equipment, net	Amount after accumulated depreciation, depletion and amortization of physical assets used in the normal conduct of business to produce goods and services and not intended for resale. Examples include, but are not limited to, land, buildings, machinery and equipment, office equipment, and furniture and fixtures.	Broadcom Inc. property, plant and equipment, net decreased from 2022 to 2023 but then increased from 2023 to 2024 exceeding 2022 level.

Broadcom Inc., asset age ratios

	Nov 3, 2024	Oct 29, 2023	Oct 30, 2022	Oct 31, 2021	Nov 1, 2020	Nov 3, 2019
Average age ratio	66.03%	67.26%	63.99%	59.75%	54.93%	49.52%
Estimated total useful life (years)	12	12	11	10	9	8
Estimated age, time elapsed since purchase (years)	8	8	7	6	5	4
Estimated remaining life (years)	4	4	4	4	4	4

Based on: 10-K (reporting date: 2024-11-03), 10-K (reporting date: 2023-10-29), 10-K (reporting date: 2022-10-30), 10-K (reporting date: 2021-10-31), 10-K (reporting date: 2020-11-01), 10-K (reporting date: 2019-11-03).

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Asset age ratio	Description	The company
Average age ratio	As long as straight-line depreciation is used, this is an accurate estimate of asset age as a percentage of depreciable life. The relative age is a useful measure of whether the company fixed asset base is old or new. Newer assets are likely to be more efficient.	Broadcom Inc. average age ratio of depreciable property, plant and equipment deteriorated from 2022 to 2023 but then slightly improved from 2023 to 2024.
Estimated total useful life	Over longer time periods, this ratio is a useful measure of company depreciation policy and can be used for comparisons with competitors.	Broadcom Inc. estimated total useful life of depreciable property, plant and equipment increased from 2022 to 2023 but then slightly decreased from 2023 to 2024.
Estimated time elapsed since purchase	The approximate age in years of a company fixed assets. Useful for comparison purposes.	Broadcom Inc. estimated time elapsed since purchase of depreciable property, plant and equipment deteriorated from 2022 to 2023 but then slightly improved from 2023 to 2024.
Estimated remaining life		Broadcom Inc. estimated remaining life of depreciable property, plant and equipment increased from 2022 to 2023 and from 2023 to 2024.

	Nov 3, 2024	Oct 29, 2023	Oct 30, 2022	Oct 31, 2021	Nov 1, 2020	Nov 3, 2019
Selected Financial Data (US$ in millions)
Accumulated depreciation and amortization	4,504)	4,024)	3,604)	3,196)	2,822)	2,331)
Property, plant and equipment, gross	7,025)	6,178)	5,827)	5,544)	5,331)	4,896)
Land	204)	195)	195)	195)	194)	189)
Asset Age Ratio
Average age¹	66.03%	67.26%	63.99%	59.75%	54.93%	49.52%

Based on: 10-K (reporting date: 2024-11-03), 10-K (reporting date: 2023-10-29), 10-K (reporting date: 2022-10-30), 10-K (reporting date: 2021-10-31), 10-K (reporting date: 2020-11-01), 10-K (reporting date: 2019-11-03).

2024 Calculations

¹ Average age = 100 × Accumulated depreciation and amortization ÷ (Property, plant and equipment, gross – Land)
= 100 × 4,504 ÷ (7,025 – 204) = 66.03%

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Asset age ratio	Description	The company
Average age	As long as straight-line depreciation is used, this is an accurate estimate of asset age as a percentage of depreciable life. The relative age is a useful measure of whether the company fixed asset base is old or new. Newer assets are likely to be more efficient.	Broadcom Inc. average age ratio of depreciable property, plant and equipment deteriorated from 2022 to 2023 but then slightly improved from 2023 to 2024.

	Nov 3, 2024	Oct 29, 2023	Oct 30, 2022	Oct 31, 2021	Nov 1, 2020	Nov 3, 2019
Selected Financial Data (US$ in millions)
Property, plant and equipment, gross	7,025)	6,178)	5,827)	5,544)	5,331)	4,896)
Land	204)	195)	195)	195)	194)	189)
Depreciation expense	593)	502)	529)	539)	570)	569)
Asset Age Ratio (Years)
Estimated total useful life¹	12	12	11	10	9	8

Based on: 10-K (reporting date: 2024-11-03), 10-K (reporting date: 2023-10-29), 10-K (reporting date: 2022-10-30), 10-K (reporting date: 2021-10-31), 10-K (reporting date: 2020-11-01), 10-K (reporting date: 2019-11-03).

2024 Calculations

¹ Estimated total useful life = (Property, plant and equipment, gross – Land) ÷ Depreciation expense
= (7,025 – 204) ÷ 593 = 12

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Asset age ratio	Description	The company
Estimated total useful life	Over longer time periods, this ratio is a useful measure of company depreciation policy and can be used for comparisons with competitors.	Broadcom Inc. estimated total useful life of depreciable property, plant and equipment increased from 2022 to 2023 but then slightly decreased from 2023 to 2024.

	Nov 3, 2024	Oct 29, 2023	Oct 30, 2022	Oct 31, 2021	Nov 1, 2020	Nov 3, 2019
Selected Financial Data (US$ in millions)
Accumulated depreciation and amortization	4,504)	4,024)	3,604)	3,196)	2,822)	2,331)
Depreciation expense	593)	502)	529)	539)	570)	569)
Asset Age Ratio (Years)
Time elapsed since purchase¹	8	8	7	6	5	4

Based on: 10-K (reporting date: 2024-11-03), 10-K (reporting date: 2023-10-29), 10-K (reporting date: 2022-10-30), 10-K (reporting date: 2021-10-31), 10-K (reporting date: 2020-11-01), 10-K (reporting date: 2019-11-03).

2024 Calculations

¹ Time elapsed since purchase = Accumulated depreciation and amortization ÷ Depreciation expense
= 4,504 ÷ 593 = 8

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Asset age ratio	Description	The company
Estimated time elapsed since purchase	The approximate age in years of a company fixed assets. Useful for comparison purposes.	Broadcom Inc. estimated time elapsed since purchase of depreciable property, plant and equipment deteriorated from 2022 to 2023 but then slightly improved from 2023 to 2024.

	Nov 3, 2024	Oct 29, 2023	Oct 30, 2022	Oct 31, 2021	Nov 1, 2020	Nov 3, 2019
Selected Financial Data (US$ in millions)
Property, plant and equipment, net	2,521)	2,154)	2,223)	2,348)	2,509)	2,565)
Land	204)	195)	195)	195)	194)	189)
Depreciation expense	593)	502)	529)	539)	570)	569)
Asset Age Ratio (Years)
Estimated remaining life¹	4	4	4	4	4	4

Based on: 10-K (reporting date: 2024-11-03), 10-K (reporting date: 2023-10-29), 10-K (reporting date: 2022-10-30), 10-K (reporting date: 2021-10-31), 10-K (reporting date: 2020-11-01), 10-K (reporting date: 2019-11-03).

2024 Calculations

¹ Estimated remaining life = (Property, plant and equipment, net – Land) ÷ Depreciation expense
= (2,521 – 204) ÷ 593 = 4

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Asset age ratio	Description	The company
Estimated remaining life		Broadcom Inc. estimated remaining life of depreciable property, plant and equipment increased from 2022 to 2023 and from 2023 to 2024.

Broadcom Inc. (NASDAQ:AVGO)

Analysis of Property, Plant and Equipment

Property, Plant and Equipment Disclosure

Asset Age Ratios (Summary)

Average Age

Estimated Total Useful Life

Estimated Age, Time Elapsed since Purchase

Estimated Remaining Life