2013 Q1 Form 10-Q Financial Statement

#000005086313000043 Filed on April 29, 2013

View on sec.gov

Income Statement

Concept 2013 Q1 2012 Q1
Revenue $12.58B $12.91B
YoY Change -2.53%
Cost Of Revenue $5.514B $4.641B
YoY Change 18.81%
Gross Profit $7.066B $8.265B
YoY Change -14.51%
Gross Profit Margin 56.17% 64.04%
Selling, General & Admin $1.947B $1.973B
YoY Change -1.32%
% of Gross Profit 27.55% 23.87%
Research & Development $2.527B $2.401B
YoY Change 5.25%
% of Gross Profit 35.76% 29.05%
Depreciation & Amortization $1.682B $1.519B
YoY Change 10.73%
% of Gross Profit 23.8% 18.38%
Operating Expenses $4.547B $4.455B
YoY Change 2.07%
Operating Profit $2.519B $3.810B
YoY Change -33.88%
Interest Expense $73.00M $31.00M
YoY Change 135.48%
% of Operating Profit 2.9% 0.81%
Other Income/Expense, Net -$156.0M $55.00M
YoY Change -383.64%
Pretax Income $2.443B $3.814B
YoY Change -35.95%
Income Tax $398.0M $1.076B
% Of Pretax Income 16.29% 28.21%
Net Earnings $2.045B $2.738B
YoY Change -25.31%
Net Earnings / Revenue 16.26% 21.21%
Basic Earnings Per Share $0.41 $0.55
Diluted Earnings Per Share $0.40 $0.53
COMMON SHARES
Basic Shares Outstanding 4.948B shares 4.999B shares
Diluted Shares Outstanding 5.080B shares 5.192B shares

Balance Sheet

Concept 2013 Q1 2012 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $10.02B $9.441B
YoY Change 6.14%
Cash & Equivalents $5.698B $4.429B
Short-Term Investments $4.323B $5.012B
Other Short-Term Assets $1.601B $1.348B
YoY Change 18.77%
Inventory $4.358B $4.489B
Prepaid Expenses
Receivables $3.536B $4.037B
Other Receivables $0.00 $0.00
Total Short-Term Assets $28.68B $25.42B
YoY Change 12.81%
LONG-TERM ASSETS
Property, Plant & Equipment $28.42B $25.03B
YoY Change 13.55%
Goodwill $9.756B $9.388B
YoY Change 3.92%
Intangibles $5.807B $6.064B
YoY Change -4.24%
Long-Term Investments $962.0M $1.602B
YoY Change -39.95%
Other Assets $4.418B $4.600B
YoY Change -3.96%
Total Long-Term Assets $54.41B $46.40B
YoY Change 17.26%
TOTAL ASSETS
Total Short-Term Assets $28.68B $25.42B
Total Long-Term Assets $54.41B $46.40B
Total Assets $83.08B $71.82B
YoY Change 15.69%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $2.654B $2.993B
YoY Change -11.33%
Accrued Expenses $6.713B $6.585B
YoY Change 1.94%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due $88.00M $362.0M
YoY Change -75.69%
Total Short-Term Liabilities $11.80B $11.94B
YoY Change -1.2%
LONG-TERM LIABILITIES
Long-Term Debt $13.14B $7.088B
YoY Change 85.43%
Other Long-Term Liabilities $3.521B $3.235B
YoY Change 8.84%
Total Long-Term Liabilities $16.66B $10.32B
YoY Change 61.43%
TOTAL LIABILITIES
Total Short-Term Liabilities $11.80B $11.94B
Total Long-Term Liabilities $16.66B $10.32B
Total Liabilities $28.46B $22.26B
YoY Change 27.84%
SHAREHOLDERS EQUITY
Retained Earnings $31.51B $28.98B
YoY Change 8.71%
Common Stock
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $51.19B $46.76B
YoY Change
Total Liabilities & Shareholders Equity $83.08B $71.82B
YoY Change 15.69%

Cashflow Statement

Concept 2013 Q1 2012 Q1
OPERATING ACTIVITIES
Net Income $2.045B $2.738B
YoY Change -25.31%
Depreciation, Depletion And Amortization $1.682B $1.519B
YoY Change 10.73%
Cash From Operating Activities $4.285B $2.972B
YoY Change 44.18%
INVESTING ACTIVITIES
Capital Expenditures $2.174B $2.974B
YoY Change -26.9%
Acquisitions $98.00M $176.0M
YoY Change -44.32%
Other Investing Activities -$95.00M -$63.00M
YoY Change 50.79%
Cash From Investing Activities -$5.317B -$2.111B
YoY Change 151.87%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $559.0M $1.519B
YoY Change -63.2%
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -$1.738B -$1.495B
YoY Change 16.25%
NET CHANGE
Cash From Operating Activities $4.285B $2.972B
Cash From Investing Activities -$5.317B -$2.111B
Cash From Financing Activities -$1.738B -$1.495B
Net Change In Cash -$2.770B -$634.0M
YoY Change 336.91%
FREE CASH FLOW
Cash From Operating Activities $4.285B $2.972B
Capital Expenditures $2.174B $2.974B
Free Cash Flow $2.111B -$2.000M
YoY Change -105650.0%

Facts In Submission

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<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-top:18px;font-size:10pt;"><font style="font-family:Arial;font-size:10pt;color:#000000;font-weight:bold;text-decoration:none;">Note 18: Contingencies</font><font style="font-family:Arial;font-size:10pt;font-weight:bold;"> </font></div><div style="line-height:120%;padding-top:6px;font-size:10pt;"><font style="font-family:Arial;font-size:10pt;font-style:italic;font-weight:bold;">Legal Proceedings</font></div><div style="line-height:120%;padding-top:12px;font-size:10pt;"><font style="font-family:Arial;font-size:10pt;">We are a party to various legal proceedings, including those noted in this section. Although management at present believes that the ultimate outcome of these proceedings, individually and in the aggregate, will not materially harm our financial position, results of operations, cash flows, or overall trends, legal proceedings and related government investigations are subject to inherent uncertainties, and unfavorable rulings or other events could occur. Unfavorable resolutions could include substantial monetary damages. In addition, in matters for which injunctive relief or other conduct remedies are sought, unfavorable resolutions could include an injunction or other order prohibiting us from selling one or more products at all or in particular ways, precluding particular business practices, or requiring other remedies. Were unfavorable outcomes to occur, the possibility exists for a material adverse impact on our business, results of operations, financial position, and overall trends. We might also conclude that settling one or more such matters is in the best interests of our stockholders, employees, and customers, and any such settlement could include substantial payments. However, we have not reached this conclusion with respect to any particular matter at this time.</font></div><div style="line-height:120%;padding-top:12px;font-size:10pt;"><font style="font-family:Arial;font-size:10pt;">A number of proceedings generally have challenged and continue to challenge certain of our competitive practices. The allegations in these proceedings vary and are described in more detail in the following paragraphs. In general, they contend that we improperly condition price rebates and other discounts on our microprocessors on exclusive or near-exclusive dealing by some of our customers; and they allege that our software compiler business unfairly prefers Intel</font><font style="font-family:inherit;font-size:10pt;">&#174; </font><font style="font-family:Arial;font-size:10pt;">microprocessors over competing microprocessors and that, through the use of our compilers and other means, we have caused the dissemination of inaccurate and misleading benchmark results concerning our microprocessors. Based on the procedural posture of the various remaining competition matters, which we describe in subsequent paragraphs, our investment of resources to explain and defend our position has declined as compared to the period 2005-2011. Nonetheless, certain of the matters remain active, and these challenges could continue for a number of years, potentially requiring us to invest additional resources. We believe that we compete lawfully and that our marketing, business, intellectual property, and other challenged practices benefit our customers and our stockholders, and we will continue to conduct a vigorous defense in the remaining proceedings.</font></div><div style="line-height:120%;padding-top:18px;font-size:10pt;"><font style="font-family:Arial;font-size:10pt;font-style:italic;">Government Competition Matters and Related Consumer Class&#160;Actions</font></div><div style="line-height:120%;padding-top:12px;font-size:10pt;"><font style="font-family:Arial;font-size:10pt;">In 2001, the European Commission (EC) commenced an investigation regarding claims by Advanced Micro Devices, Inc. (AMD) that we used unfair business practices to persuade customers to buy our microprocessors. We received numerous requests for information and documents from the EC and we responded to each of those requests. The EC issued a Statement of Objections in July 2007 and held a hearing on that Statement in March 2008. The EC issued a Supplemental Statement of Objections in July 2008.</font></div><div style="line-height:120%;padding-top:12px;font-size:10pt;"><font style="font-family:Arial;font-size:10pt;">In May 2009, the EC issued a decision finding that we had violated Article 82 of the EC Treaty and Article 54 of the European Economic Area Agreement. In general, the EC found that we violated Article 82 (later renumbered as Article 102 by a new treaty) by offering alleged &#8220;conditional rebates and payments&#8221; that required our customers to purchase all or most of their x86 microprocessors from us. The EC also found that we violated Article 82 by making alleged &#8220;payments to prevent sales of specific rival products.&#8221; The EC imposed a fine in the amount of&#160;</font><font style="font-family:Arial;font-size:10pt;color:#000000;text-decoration:none;">&#8364;1.06 billion</font><font style="font-family:Arial;font-size:10pt;"> (</font><font style="font-family:Arial;font-size:10pt;color:#000000;text-decoration:none;">$1.447 billion</font><font style="font-family:Arial;font-size:10pt;"> as of May 2009), which we subsequently paid during the third quarter of 2009, and ordered us to &#8220;immediately bring to an end the infringement referred to in&#8221; the EC decision. In the second quarter of 2009, we recorded the related charge within marketing, general and administrative. We strongly disagree with the EC&#8217;s decision, and we appealed the decision to the Court of First Instance (which has been renamed the General Court) in July 2009. The hearing of our appeal took place on July 3 through July 6, 2012. The court&#8217;s decision is expected in mid- to late 2013.</font></div><div style="line-height:120%;padding-top:12px;font-size:10pt;"><font style="font-family:Arial;font-size:10pt;">The EC decision exceeds 500 pages but contains no specific direction on whether or how we should modify our business practices. Instead, the decision states that we should &#8220;cease and desist&#8221; from further conduct that, in the EC&#8217;s opinion, would violate applicable law. We have taken steps, which are subject to the EC&#8217;s ongoing review, to comply with that decision pending appeal. We opened discussions with the EC to better understand the decision and to explain changes to our business practices. Based on our current understanding and expectations, we do not believe that any such changes will be material to our financial position, results, or cash flows.</font></div><div style="line-height:120%;padding-top:12px;font-size:10pt;"><font style="font-family:Arial;font-size:10pt;">In June&#160;2005, we received an inquiry from the Korea Fair Trade Commission (KFTC) requesting documents from our Korean subsidiary related to marketing and rebate programs that we entered into with Korean PC manufacturers. In February 2006, the KFTC initiated an inspection of documents at our offices in Korea. In September 2007, the KFTC served on us an Examination Report alleging that sales to two customers during parts of 2002&#8211;2005 violated Korea&#8217;s Monopoly Regulation and Fair Trade Act. In December 2007, we submitted our written response to the KFTC. In February 2008, the KFTC&#8217;s examiner submitted a written reply to our response. In March 2008, we submitted a further response. In April 2008, we participated in a pre-hearing conference before the KFTC, and we participated in formal hearings in May and June 2008. In June 2008, the KFTC announced its intent to fine us approximately&#160;</font><font style="font-family:Arial;font-size:10pt;color:#000000;text-decoration:none;">$25 million</font><font style="font-family:Arial;font-size:10pt;"> for providing discounts to Samsung Electronics Co., Ltd. and TriGem Computer Inc. In November 2008, the KFTC issued a final written decision concluding that our discounts had violated Korean antitrust law and imposing a fine on us of approximately </font><font style="font-family:Arial;font-size:10pt;color:#000000;text-decoration:none;">$20 million</font><font style="font-family:Arial;font-size:10pt;">, which we paid in January 2009. In December 2008, we appealed this decision by filing a lawsuit in the Seoul High Court seeking to overturn the KFTC&#8217;s decision. We expect a decision from the court in 2013.</font></div><div style="line-height:120%;padding-top:12px;text-align:left;font-size:10pt;"><font style="font-family:Arial;font-size:10pt;">At least 82 separate class-action lawsuits have been filed in the U.S. District Courts for the Northern District of California, Southern District of California, District of Idaho, District of Nebraska, District of New Mexico, District of Maine, and District of Delaware, as well as in various California, Kansas, and Tennessee state courts. These actions generally repeat the allegations made in a now-settled lawsuit filed against us by AMD in June 2005 in the U.S. District Court for the District of Delaware (AMD litigation). Like the AMD litigation, these class-action lawsuits allege that we engaged in various actions in violation of the Sherman Act and other laws by, among other things: providing discounts and rebates to our manufacturer and distributor customers conditioned on exclusive or near-exclusive dealing that allegedly unfairly interfered with AMD&#8217;s ability to sell its microprocessors; interfering with certain AMD product launches; and interfering with AMD&#8217;s participation in certain industry standards-setting groups. The class actions allege various consumer injuries, including that consumers in various states have been injured by paying higher prices for computers containing our microprocessors. We dispute these class-action claims and intend to defend the lawsuits vigorously.</font></div><div style="line-height:120%;padding-top:12px;text-align:left;font-size:10pt;"><font style="font-family:Arial;font-size:10pt;">All of the federal class actions and the Kansas and Tennessee state court class actions have been transferred by the Multidistrict Litigation Panel to the U.S. District Court in Delaware for all pre-trial proceedings and discovery (MDL proceedings). The Delaware district court appointed a Special Master to address issues in the MDL proceedings, as assigned by the court. In January 2010, the plaintiffs in the Delaware action filed a motion for sanctions for our alleged failure to preserve evidence. This motion largely copies a motion previously filed by AMD in the AMD litigation, which has settled. The plaintiffs in the MDL proceedings also moved for certification of a class of members who purchased certain PCs containing products sold by us. In July 2010, the Special Master issued a Report and Recommendation (Report) denying the motion to certify a class. The MDL plaintiffs filed objections to the Special Master&#8217;s Report, and a hearing on those objections was held in March 2011. In September 2012, the court ruled that an evidentiary hearing will be necessary to enable the court to rule on the objections to the Special Master&#8217;s Report, to resolve the motion to certify the class, and to resolve a separate motion to exclude certain testimony and evidence from the MDL plaintiffs&#8217; expert. The hearing is scheduled to occur in July 2013.</font></div><div style="line-height:120%;padding-top:12px;text-align:left;font-size:10pt;"><font style="font-family:Arial;font-size:10pt;">All California class actions have been consolidated in the Superior Court of California in Santa Clara County. The plaintiffs in the California actions have moved for class certification, which we are in the process of opposing. At our request, the court in the California actions has agreed to delay ruling on this motion until after the Delaware district court rules on the similar motion in the MDL proceedings. Based on the procedural posture and the nature of these cases, including, but not limited to, the fact that the Delaware district court has requested an evidentiary hearing and has not yet ruled on class certification issues, we cannot make a reasonable estimate of the potential loss or range of losses, if any, arising from these matters.</font></div><div style="line-height:120%;padding-top:12px;font-size:10pt;"><font style="font-family:Arial;font-size:10pt;font-style:italic;">Lehman Matter</font></div><div style="line-height:120%;padding-top:12px;font-size:10pt;"><font style="font-family:Arial;font-size:10pt;">In November 2009, representatives of the Lehman Brothers OTC Derivatives Inc. (LOTC) bankruptcy estate advised us informally that the estate was considering a claim against us arising from a 2008 contract between Intel and LOTC. Under the terms of the 2008 contract, we prepaid&#160;</font><font style="font-family:Arial;font-size:10pt;color:#000000;text-decoration:none;">$1.0 billion</font><font style="font-family:Arial;font-size:10pt;"> to LOTC, in exchange for which LOTC was required to purchase and deliver to us the number of shares of Intel common stock that could be purchased for </font><font style="font-family:Arial;font-size:10pt;color:#000000;text-decoration:none;">$1.0 billion</font><font style="font-family:Arial;font-size:10pt;"> at the discounted volume-weighted average price specified in the contract for the period September 2, 2008 to September 26, 2008. LOTC&#8217;s performance under the contract was secured by&#160;</font><font style="font-family:Arial;font-size:10pt;color:#000000;text-decoration:none;">$1.0 billion</font><font style="font-family:Arial;font-size:10pt;"> of cash collateral. Under the terms of the contract, LOTC was obligated to deliver approximately </font><font style="font-family:Arial;font-size:10pt;color:#000000;text-decoration:none;">50 million</font><font style="font-family:Arial;font-size:10pt;"> shares of our common stock to us on September 29, 2008. LOTC failed to deliver any shares of our common stock, and we exercised our right to set-off against the&#160;</font><font style="font-family:Arial;font-size:10pt;color:#000000;text-decoration:none;">$1.0 billion</font><font style="font-family:Arial;font-size:10pt;"> collateral. LOTC has not initiated any action against us to date, but in February&#160;2010, LOTC served a subpoena on us in connection with this transaction.&#160;In October 2010, LOTC demanded that we pay it at least&#160;</font><font style="font-family:Arial;font-size:10pt;color:#000000;text-decoration:none;">$417 million</font><font style="font-family:Arial;font-size:10pt;">, consisting principally of </font><font style="font-family:Arial;font-size:10pt;color:#000000;text-decoration:none;">$312 million</font><font style="font-family:Arial;font-size:10pt;"> of alleged excess collateral posted by LOTC and </font><font style="font-family:Arial;font-size:10pt;color:#000000;text-decoration:none;">$103 million</font><font style="font-family:Arial;font-size:10pt;"> of interest on that amount calculated by LOTC at a </font><font style="font-family:Arial;font-size:10pt;color:#000000;text-decoration:none;">13.5%</font><font style="font-family:Arial;font-size:10pt;"> annual interest rate. In September 2010, we entered into an agreement with LOTC that tolled any applicable statutes of limitations for 90 days and precluded the parties from commencing any formal proceedings to prosecute any claims against each other in any forum during that period. The tolling agreement with LOTC was extended several times, but lapsed in June 2011. We continue to believe that we acted appropriately under our agreement with LOTC, and we intend to defend any claim to the contrary. No complaint has been filed, and we cannot make a reasonable estimate of the potential loss or range of losses, if any, that might arise from any such complaint.</font></div><div style="line-height:120%;padding-top:12px;font-size:10pt;"><font style="font-family:Arial;font-size:10pt;font-style:italic;">McAfee, Inc. Shareholder Litigation</font></div><div style="line-height:120%;padding-top:12px;font-size:10pt;"><font style="font-family:Arial;font-size:10pt;">On August 19, 2010, we announced that we had agreed to acquire all of McAfee&#8217;s common stock for </font><font style="font-family:Arial;font-size:10pt;color:#000000;text-decoration:none;">$48.00</font><font style="font-family:Arial;font-size:10pt;"> per share. Four McAfee shareholders filed putative class-action lawsuits in Santa Clara County, California Superior Court challenging the proposed transaction. The cases were ordered consolidated in September 2010. Plaintiffs filed an amended complaint that named former McAfee board members, McAfee and Intel as defendants, and alleged that the McAfee board members breached their fiduciary duties and that McAfee and Intel aided and abetted those breaches of duty. The complaint requested rescission of the merger agreement, such other equitable relief as the court may deem proper, and an award of damages in an unspecified amount. In June 2012, the plaintiffs&#8217; damages expert asserted that the value of a McAfee share for the purposes of assessing damages should be </font><font style="font-family:Arial;font-size:10pt;color:#000000;text-decoration:none;">$62.08</font><font style="font-family:Arial;font-size:10pt;">.</font></div><div style="line-height:120%;padding-top:12px;font-size:10pt;"><font style="font-family:Arial;font-size:10pt;">In January 2012, the court certified the action as a class action, appointed the Central Pension Laborers&#8217; Fund to act as the class representative, and scheduled trial to begin in January 2013. In March 2012, defendants filed a petition with the California Court of Appeal for a writ of mandate to reverse the class certification order; the petition was denied in June 2012. In March 2012, at defendants&#8217; request, the court held that plaintiffs were not entitled to a jury trial, and ordered a bench trial. In April 2012, plaintiffs filed a petition with the California Court of Appeal for a writ of mandate to reverse that order, which the court of appeal denied in July 2012.</font></div><div style="line-height:120%;padding-top:12px;font-size:10pt;"><font style="font-family:Arial;font-size:10pt;">In August 2012, defendants filed a motion for summary judgment. The trial court granted that motion in November 2012, and entered final judgment in the case in February 2013. In April 2013, plaintiffs filed a notice of appeal. Because the resolution of the appeal may materially impact the scope and nature of the proceeding, we cannot make a reasonable estimate of the potential loss or range of losses, if any, arising from this matter. We dispute the class-action claims and intend to continue to defend the lawsuit vigorously.</font></div><div style="line-height:120%;padding-top:12px;font-size:10pt;"><font style="font-family:Arial;font-size:10pt;font-style:italic;">X2Y Attenuators, LLC v. Intel et al</font></div><div style="line-height:120%;padding-top:12px;font-size:10pt;"><font style="font-family:Arial;font-size:10pt;">In May 2011, X2Y Attenuators, LLC (X2Y) filed a patent infringement lawsuit in the U.S. District Court for the Western District of Pennsylvania and a complaint with the U.S. International Trade Commission (ITC) pursuant to Section 337 of the Tariff Act of 1930 against us and two of our customers, Apple Inc. and Hewlett-Packard Company, alleging infringement of five patents. X2Y subsequently added a sixth patent to both actions. The district court action is stayed pending resolution of the ITC proceeding. X2Y alleges that at least Intel</font><font style="font-family:inherit;font-size:10pt;">&#174; </font><font style="font-family:Arial;font-size:10pt;">Core</font><font style="font-family:inherit;font-size:10pt;">&#174; </font><font style="font-family:Arial;font-size:10pt;">and Intel</font><font style="font-family:inherit;font-size:10pt;">&#174; </font><font style="font-family:Arial;font-size:10pt;">Xeon</font><font style="font-family:inherit;font-size:10pt;">&#174; </font><font style="font-family:Arial;font-size:10pt;">processor families infringe the asserted patents. X2Y also requests that the ITC issue permanent exclusion and cease-and-desist orders to, among other things, prohibit us from importing these microprocessors and Apple and Hewlett-Packard Company products that incorporate these microprocessors into the United States. In the district court action, X2Y seeks unspecified damages, including enhanced damages for alleged willful infringement, and injunctive relief. On June 13, 2012, the Administrative Law Judge issued an initial determination granting X2Y&#8217;s motion to partially terminate the ITC investigation with respect to three of the asserted patents. The Administrative Law Judge held a hearing on the remaining three patents in August 2012 and issued an initial determination in December 2012. In the initial determination, the Administrative Law Judge found that Intel, Apple, and Hewlett-Packard Company have not violated Section 337 of the Tariff Act of 1930 because they have not infringed any of the asserted claims of the three patents, and ruled that the asserted claims of two of the patents were invalid. In December 2012, the parties filed petitions for review of the initial determination by the ITC. On February&#160;15, 2013, the ITC determined to review in part the initial determination. On review, the Commission determined to reverse or vacate certain findings, and to terminate the investigation with a finding of no violation. On April 12, 2013, X2Y filed a Notice of Appeal with the United States Court of Appeals for the Federal Circuit. Based on the procedural posture and nature of the cases, including, but not limited to, the fact that monetary damages are not an available remedy in the ITC, and because discovery regarding X2Y&#8217;s claimed damages has not commenced in the stayed district court action, we cannot make a reasonable estimate of the potential loss or range of losses, if any, arising from these matters. We dispute the claims and intend to defend the lawsuits vigorously.</font></div></div>
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CY2013Q1 intc Deferred Income On Shipments To Distributors
DeferredIncomeOnShipmentsToDistributors
705000000 USD
CY2012Q4 intc Deferred Income On Shipments To Distributors
DeferredIncomeOnShipmentsToDistributors
694000000 USD
CY2013Q1 intc Equity Investment Other Than Temporary Impairment
EquityInvestmentOtherThanTemporaryImpairment
17000000 USD
CY2012Q1 intc Equity Investment Other Than Temporary Impairment
EquityInvestmentOtherThanTemporaryImpairment
59000000 USD
CY2013Q1 intc Gains Losses On Equity Investments Net
GainsLossesOnEquityInvestmentsNet
-26000000 USD
CY2012Q1 intc Gains Losses On Equity Investments Net
GainsLossesOnEquityInvestmentsNet
-19000000 USD
CY2012Q1 intc Other Comprehensive Income Change In Actuarial Gain Loss Net Of Tax
OtherComprehensiveIncomeChangeInActuarialGainLossNetOfTax
16000000 USD
CY2013Q1 intc Other Comprehensive Income Change In Prior Service Cost Net Of Tax
OtherComprehensiveIncomeChangeInPriorServiceCostNetOfTax
1000000 USD
CY2012Q1 intc Other Comprehensive Income Change In Prior Service Cost Net Of Tax
OtherComprehensiveIncomeChangeInPriorServiceCostNetOfTax
1000000 USD
CY2013Q1 intc Goodwill Net Transfers
GoodwillNetTransfers
0 USD
CY2012Q4 intc Intangible Assets Gross
IntangibleAssetsGross
8720000000 USD
CY2013Q1 intc Intangible Assets Gross
IntangibleAssetsGross
8662000000 USD
CY2013Q1 intc Interest And Other Net
InterestAndOtherNet
-50000000 USD
CY2012Q1 intc Interest And Other Net
InterestAndOtherNet
23000000 USD
CY2013Q1 intc Investments In Non Marketable Equity Investments
InvestmentsInNonMarketableEquityInvestments
35000000 USD
CY2012Q1 intc Investments In Non Marketable Equity Investments
InvestmentsInNonMarketableEquityInvestments
116000000 USD
CY2012Q1 intc Net Income Available To Common Stockholders
NetIncomeAvailableToCommonStockholders
2738000000 USD
CY2013Q1 intc Net Income Available To Common Stockholders
NetIncomeAvailableToCommonStockholders
2045000000 USD
CY2013Q1 intc Non Current Deferred Income From Software And Services Operating Segments
NonCurrentDeferredIncomeFromSoftwareAndServicesOperatingSegments
423000000 USD
CY2012Q4 intc Non Current Deferred Income From Software And Services Operating Segments
NonCurrentDeferredIncomeFromSoftwareAndServicesOperatingSegments
473000000 USD
CY2013Q1 intc Other Comprehensive Income Change In Actuarial Gain Loss Net Of Tax
OtherComprehensiveIncomeChangeInActuarialGainLossNetOfTax
34000000 USD
CY2012Q1 intc Other Comprehensive Income Loss Available For Sale Securities Adjustment Including Other Than Temporary Impairments Net Of Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentIncludingOtherThanTemporaryImpairmentsNetOfTax
166000000 USD
CY2013Q1 intc Other Comprehensive Income Loss Available For Sale Securities Adjustment Including Other Than Temporary Impairments Net Of Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentIncludingOtherThanTemporaryImpairmentsNetOfTax
173000000 USD
CY2013Q1 intc Other Comprehensive Income Loss Before Reclassifications Before Tax
OtherComprehensiveIncomeLossBeforeReclassificationsBeforeTax
-1000000 USD
CY2012Q1 intc Other Net Equity Investments
OtherNetEquityInvestments
29000000 USD
CY2013Q1 intc Other Net Equity Investments
OtherNetEquityInvestments
10000000 USD
CY2013Q1 intc Other Net Interest And Other
OtherNetInterestAndOther
0 USD
CY2012Q1 intc Other Net Interest And Other
OtherNetInterestAndOther
26000000 USD
CY2013Q1 intc Reclassification From Accumulated Other Comprehensive Income Current Period Before Tax
ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodBeforeTax
-20000000 USD
CY2012Q4 intc Reverse Repurchase Agreements
ReverseRepurchaseAgreements
2850000000 USD
CY2013Q1 intc Reverse Repurchase Agreements
ReverseRepurchaseAgreements
1265000000 USD
CY2012Q4 intc Total Cash And Investments
TotalCashAndInvestments
26302000000 USD
CY2013Q1 intc Total Cash And Investments
TotalCashAndInvestments
26268000000 USD
CY2013Q1 intc Total Deferred Income
TotalDeferredIncome
2324000000 USD
CY2012Q4 intc Total Deferred Income
TotalDeferredIncome
2405000000 USD
CY2013Q1 dei Amendment Flag
AmendmentFlag
false
CY2013Q1 dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--12-28
CY2013Q1 dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
Q1
CY2013Q1 dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2013
CY2013Q1 dei Document Period End Date
DocumentPeriodEndDate
2013-03-30
CY2013Q1 dei Document Type
DocumentType
10-Q
CY2013Q1 dei Entity Central Index Key
EntityCentralIndexKey
0000050863
CY2013Q2 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
4971000000 shares
CY2013Q1 dei Entity Filer Category
EntityFilerCategory
Large Accelerated Filer
CY2013Q1 dei Entity Registrant Name
EntityRegistrantName
Intel Corp
CY2012Q1 invest Derivative Notional Amount
DerivativeNotionalAmount
19189000000 USD
CY2012Q4 invest Derivative Notional Amount
DerivativeNotionalAmount
21463000000 USD
CY2013Q1 invest Derivative Notional Amount
DerivativeNotionalAmount
22187000000 USD

Files In Submission

Name View Source Status
0000050863-13-000043-index-headers.html Edgar Link pending
0000050863-13-000043-index.html Edgar Link pending
0000050863-13-000043.txt Edgar Link pending
0000050863-13-000043-xbrl.zip Edgar Link pending
a10qdocument3302013.htm Edgar Link pending
FilingSummary.xml Edgar Link unprocessable
Financial_Report.xls Edgar Link pending
intc-20130330.xml Edgar Link completed
intc-20130330.xsd Edgar Link pending
intc-20130330_cal.xml Edgar Link unprocessable
intc-20130330_def.xml Edgar Link unprocessable
intc-20130330_lab.xml Edgar Link unprocessable
intc-20130330_pre.xml Edgar Link unprocessable
intcex10110q3312013.htm Edgar Link pending
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