2016 Q2 Form 10-Q Financial Statement
#000005086316000125 Filed on May 02, 2016
Income Statement
Concept | 2016 Q2 | 2015 Q1 |
---|---|---|
Revenue | $13.70B | $12.78B |
YoY Change | 3.84% | 0.13% |
Cost Of Revenue | $5.572B | $5.051B |
YoY Change | 12.63% | -1.94% |
Gross Profit | $8.130B | $7.730B |
YoY Change | -1.43% | 1.54% |
Gross Profit Margin | 59.33% | 60.48% |
Selling, General & Admin | $2.226B | $1.953B |
YoY Change | 14.21% | -4.59% |
% of Gross Profit | 27.38% | 25.27% |
Research & Development | $3.246B | $2.995B |
YoY Change | 5.15% | 5.24% |
% of Gross Profit | 39.93% | 38.75% |
Depreciation & Amortization | $2.015B | $1.848B |
YoY Change | -8.03% | 7.44% |
% of Gross Profit | 24.78% | 23.91% |
Operating Expenses | $5.562B | $5.115B |
YoY Change | 3.92% | 0.24% |
Operating Profit | $2.568B | $2.615B |
YoY Change | -11.33% | 4.18% |
Interest Expense | -$97.00M | $42.00M |
YoY Change | -283.02% | 13.51% |
% of Operating Profit | -3.78% | 1.61% |
Other Income/Expense, Net | $37.00M | $36.00M |
YoY Change | -42.19% | -68.42% |
Pretax Income | $2.508B | $2.673B |
YoY Change | -15.92% | 0.11% |
Income Tax | $462.0M | $681.0M |
% Of Pretax Income | 18.42% | 25.48% |
Net Earnings | $2.046B | $1.992B |
YoY Change | -24.39% | 3.21% |
Net Earnings / Revenue | 14.93% | 15.59% |
Basic Earnings Per Share | $0.42 | |
Diluted Earnings Per Share | $419.7K | $0.41 |
COMMON SHARES | ||
Basic Shares Outstanding | 4.722B shares | 4.741B shares |
Diluted Shares Outstanding | 4.914B shares |
Balance Sheet
Concept | 2016 Q2 | 2015 Q1 |
---|---|---|
SHORT-TERM ASSETS | ||
Cash & Short-Term Investments | $5.988B | $6.108B |
YoY Change | -15.18% | -38.99% |
Cash & Equivalents | $3.061B | $4.244B |
Short-Term Investments | $2.927B | $1.864B |
Other Short-Term Assets | $2.339B | $2.636B |
YoY Change | 3.18% | 52.11% |
Inventory | $5.751B | $4.418B |
Prepaid Expenses | ||
Receivables | $4.216B | $3.246B |
Other Receivables | $0.00 | $0.00 |
Total Short-Term Assets | $27.40B | $26.47B |
YoY Change | 2.57% | -13.38% |
LONG-TERM ASSETS | ||
Property, Plant & Equipment | $32.64B | $33.30B |
YoY Change | -0.12% | 2.44% |
Goodwill | $16.94B | $10.77B |
YoY Change | 53.5% | 1.4% |
Intangibles | $11.14B | $4.211B |
YoY Change | 163.61% | -15.15% |
Long-Term Investments | $1.593B | $1.574B |
YoY Change | -1.36% | 42.19% |
Other Assets | $7.870B | $6.603B |
YoY Change | 14.04% | 21.24% |
Total Long-Term Assets | $78.07B | $63.10B |
YoY Change | 22.4% | 2.81% |
TOTAL ASSETS | ||
Total Short-Term Assets | $27.40B | $26.47B |
Total Long-Term Assets | $78.07B | $63.10B |
Total Assets | $105.5B | $89.57B |
YoY Change | 16.55% | -2.57% |
SHORT-TERM LIABILITIES | ||
YoY Change | ||
Accounts Payable | $3.163B | $2.775B |
YoY Change | 34.08% | -7.81% |
Accrued Expenses | $7.813B | $8.345B |
YoY Change | 3.26% | 4.67% |
Deferred Revenue | ||
YoY Change | ||
Short-Term Debt | $988.0M | $0.00 |
YoY Change | 4195.65% | |
Long-Term Debt Due | $2.606B | $1.121B |
YoY Change | 137.99% | 3013.89% |
Total Short-Term Liabilities | $17.53B | $15.04B |
YoY Change | 29.54% | 10.94% |
LONG-TERM LIABILITIES | ||
Long-Term Debt | $21.78B | $12.11B |
YoY Change | 79.72% | -8.05% |
Other Long-Term Liabilities | $2.851B | $3.125B |
YoY Change | -4.84% | 8.96% |
Total Long-Term Liabilities | $24.63B | $15.24B |
YoY Change | 62.96% | -5.01% |
TOTAL LIABILITIES | ||
Total Short-Term Liabilities | $17.53B | $15.04B |
Total Long-Term Liabilities | $24.63B | $15.24B |
Total Liabilities | $42.15B | $30.27B |
YoY Change | 47.17% | 2.3% |
SHAREHOLDERS EQUITY | ||
Retained Earnings | $36.53B | $32.46B |
YoY Change | 6.1% | -6.5% |
Common Stock | ||
YoY Change | ||
Preferred Stock | ||
YoY Change | ||
Treasury Stock (at cost) | ||
YoY Change | ||
Treasury Stock Shares | ||
Shareholders Equity | $61.17B | $54.92B |
YoY Change | ||
Total Liabilities & Shareholders Equity | $105.5B | $89.57B |
YoY Change | 16.55% | -2.57% |
Cashflow Statement
Concept | 2016 Q2 | 2015 Q1 |
---|---|---|
OPERATING ACTIVITIES | ||
Net Income | $2.046B | $1.992B |
YoY Change | -24.39% | 3.21% |
Depreciation, Depletion And Amortization | $2.015B | $1.848B |
YoY Change | -8.03% | 7.44% |
Cash From Operating Activities | $4.055B | $4.415B |
YoY Change | 17.88% | 26.11% |
INVESTING ACTIVITIES | ||
Capital Expenditures | -$1.346B | $2.025B |
YoY Change | -23.83% | -24.69% |
Acquisitions | $57.00M | |
YoY Change | -47.22% | |
Other Investing Activities | -$14.17B | -$5.000M |
YoY Change | -3102.97% | -96.58% |
Cash From Investing Activities | -$15.52B | -$449.0M |
YoY Change | 1098.46% | -83.67% |
FINANCING ACTIVITIES | ||
Cash Dividend Paid | ||
YoY Change | ||
Common Stock Issuance & Retirement, Net | $750.0M | |
YoY Change | 37.61% | |
Debt Paid & Issued, Net | ||
YoY Change | ||
Cash From Financing Activities | -782.0M | -2.274B |
YoY Change | -59.79% | 37.82% |
NET CHANGE | ||
Cash From Operating Activities | 4.055B | 4.415B |
Cash From Investing Activities | -15.52B | -449.0M |
Cash From Financing Activities | -782.0M | -2.274B |
Net Change In Cash | -12.25B | 1.692B |
YoY Change | -6223.5% | -288.42% |
FREE CASH FLOW | ||
Cash From Operating Activities | $4.055B | $4.415B |
Capital Expenditures | -$1.346B | $2.025B |
Free Cash Flow | $5.401B | $2.390B |
YoY Change | 3.73% | 194.33% |
Facts In Submission
Frame | Concept Type | Concept / XBRL Key | Value | Unit |
---|---|---|---|---|
dei |
Amendment Flag
AmendmentFlag
|
false | ||
dei |
Current Fiscal Year End Date
CurrentFiscalYearEndDate
|
--12-31 | ||
dei |
Document Fiscal Period Focus
DocumentFiscalPeriodFocus
|
Q1 | ||
dei |
Document Fiscal Year Focus
DocumentFiscalYearFocus
|
2016 | ||
dei |
Document Period End Date
DocumentPeriodEndDate
|
2016-04-02 | ||
dei |
Document Type
DocumentType
|
10-Q | ||
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Entity Central Index Key
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Entity Registrant Name
EntityRegistrantName
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Intel Corp | ||
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Amortizationof Acquisition Related Intangible Assets
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Board Of Directors Maximum Borrowing Capacity Authorization
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Debt Instrument Unamortized Debt Issuance Costs Current
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Derivative Asset Collateral Obligation To Return Cash Or Non Cash
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Derivative Asset Securities Purchased Under Agreements To Resell Securities Borrowed Amount Not Offset Against Collateral
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Derivative Liability Collateral Obligation To Reclaim Cash Or Non Cash
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Derivative Liability Collateral Obligation To Reclaim Cash Or Non Cash
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Derivative Liability Securities Sold Under Agreements To Resell Securities Loaned Amount Not Offset Against Collateral
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Equity Investment Other Than Temporary Impairment
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Equity Investment Other Than Temporary Impairment
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Gains Losses On Equity Investments Net
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Gains Losses On Equity Investments Net
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Goodwill Translation Adjustments And Other
GoodwillTranslationAdjustmentsAndOther
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Increase Decrease In Liability Due To Collateral Associated With Repurchase Of Common Stock
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Increase Decrease In Liability Due To Collateral Associated With Repurchase Of Common Stock
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Interest And Other Net
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Interest And Other Net
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Investments In Loans Receivable And Reverse Repurchase Agreements
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Investments In Loans Receivable And Reverse Repurchase Agreements
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Investments In Non Marketable Equity Investments
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Maximum Borrowings Commercial Paper Program
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Maximum Borrowings Commercial Paper Program
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Net Change In Unrealized Gain Loss Recognized In Income Statement On Fair Value Hedging Instruments And On Hedged Item In Fair Value Hedge
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Other Comprehensive Income Change In Actuarial Valuation Net Of Tax
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intc |
Other Comprehensive Income Change In Prior Service Cost Net Of Tax
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intc |
Other Comprehensive Income Loss Available For Sale Securities Adjustment Including Other Than Temporary Impairments Net Of Tax
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|
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Other Net Equity Investments
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Other Net Interest And Other
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intc |
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Prepayments For Property Plant And Equipment
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Prepayments For Property Plant And Equipment
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intc |
Proceeds From Collection Of Loans Receivable And Reverse Repurchase Agreements
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Reverse Repurchase Agreements
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Reverse Repurchase Agreements
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Securities Purchased Under Agreements To Resell Amount Not Offset Against Collateral
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Total Cash And Investments
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intc |
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|
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Derivative Notional Amount
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Accounts Receivable Net Current
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Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
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Accumulated Other Comprehensive Income Loss Net Of Tax
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Accumulated Other Comprehensive Income Loss Net Of Tax
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|
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Adjustments To Reconcile Net Income Loss To Cash Provided By Used In Operating Activities
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Adjustments To Reconcile Net Income Loss To Cash Provided By Used In Operating Activities
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Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
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us-gaap |
Amortization Of Intangible Assets
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|
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Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
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Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
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0 | shares | |
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Assets
Assets
|
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Assets
Assets
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Assets Current
AssetsCurrent
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Assets Current
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Available For Sale Securities
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Available For Sale Securities
AvailableForSaleSecurities
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14169000000 | USD |
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Available For Sale Securities Accumulated Gross Unrealized Gain Before Tax
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Available For Sale Securities Accumulated Gross Unrealized Loss Before Tax
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Available For Sale Securities Amortized Cost
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Available For Sale Securities Amortized Cost
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Available For Sale Securities Debt Maturities After One Through Five Years Fair Value
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Available For Sale Securities Debt Maturities Remainder Of Fiscal Year Fair Value
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|
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Available For Sale Securities Debt Maturities Within One Year Fair Value
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|
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CY2016Q2 | us-gaap |
Available For Sale Securities Debt Maturities Without Single Maturity Date Fair Value
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|
465000000 | USD |
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Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
|
7792000000 | USD |
CY2015Q4 | us-gaap |
Available For Sale Securities Debt Securities Current
AvailableForSaleSecuritiesDebtSecuritiesCurrent
|
2682000000 | USD |
CY2016Q2 | us-gaap |
Available For Sale Securities Debt Securities Current
AvailableForSaleSecuritiesDebtSecuritiesCurrent
|
2927000000 | USD |
CY2015Q4 | us-gaap |
Available For Sale Securities Debt Securities Noncurrent
AvailableForSaleSecuritiesDebtSecuritiesNoncurrent
|
1891000000 | USD |
CY2016Q2 | us-gaap |
Available For Sale Securities Debt Securities Noncurrent
AvailableForSaleSecuritiesDebtSecuritiesNoncurrent
|
3097000000 | USD |
CY2015Q4 | us-gaap |
Available For Sale Securities Equity Securities Noncurrent
AvailableForSaleSecuritiesEquitySecuritiesNoncurrent
|
5960000000 | USD |
CY2016Q2 | us-gaap |
Available For Sale Securities Equity Securities Noncurrent
AvailableForSaleSecuritiesEquitySecuritiesNoncurrent
|
6377000000 | USD |
CY2015Q1 | us-gaap |
Available For Sale Securities Gross Realized Gains
AvailableForSaleSecuritiesGrossRealizedGains
|
43000000 | USD |
us-gaap |
Available For Sale Securities Gross Realized Gains
AvailableForSaleSecuritiesGrossRealizedGains
|
86000000 | USD | |
CY2015Q1 | us-gaap |
Available For Sale Securities Gross Realized Gains Losses Sale Proceeds
AvailableForSaleSecuritiesGrossRealizedGainsLossesSaleProceeds
|
43000000 | USD |
us-gaap |
Available For Sale Securities Gross Realized Gains Losses Sale Proceeds
AvailableForSaleSecuritiesGrossRealizedGainsLossesSaleProceeds
|
2900000000 | USD | |
CY2015Q4 | us-gaap |
Bank Overdrafts
BankOverdrafts
|
41000000 | USD |
CY2016Q2 | us-gaap |
Bank Overdrafts
BankOverdrafts
|
75000000 | USD |
CY2015Q1 | us-gaap |
Business Acquisition Pro Forma Earnings Per Share Diluted
BusinessAcquisitionProFormaEarningsPerShareDiluted
|
0.33 | |
us-gaap |
Business Acquisition Pro Forma Earnings Per Share Diluted
BusinessAcquisitionProFormaEarningsPerShareDiluted
|
0.49 | ||
CY2015Q1 | us-gaap |
Business Acquisitions Pro Forma Net Income Loss
BusinessAcquisitionsProFormaNetIncomeLoss
|
1599000000 | USD |
us-gaap |
Business Acquisitions Pro Forma Net Income Loss
BusinessAcquisitionsProFormaNetIncomeLoss
|
2398000000 | USD | |
CY2015Q1 | us-gaap |
Business Acquisitions Pro Forma Revenue
BusinessAcquisitionsProFormaRevenue
|
13118000000 | USD |
us-gaap |
Business Acquisitions Pro Forma Revenue
BusinessAcquisitionsProFormaRevenue
|
13801000000 | USD | |
CY2015Q4 | us-gaap |
Cash
Cash
|
1466000000 | USD |
CY2016Q2 | us-gaap |
Cash
Cash
|
875000000 | USD |
CY2014Q4 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
2561000000 | USD |
CY2015Q1 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
4244000000 | USD |
CY2015Q4 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
15308000000 | USD |
CY2016Q2 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
3061000000 | USD |
CY2015Q1 | us-gaap |
Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
|
1683000000 | USD |
us-gaap |
Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
|
-12247000000 | USD | |
us-gaap |
Cash Flow Hedge Gain Loss To Be Reclassified Within Twelve Months
CashFlowHedgeGainLossToBeReclassifiedWithinTwelveMonths
|
7000000 | USD | |
CY2015Q1 | us-gaap |
Change In Unrealized Gain Loss On Hedged Item In Fair Value Hedge1
ChangeInUnrealizedGainLossOnHedgedItemInFairValueHedge1
|
0 | USD |
us-gaap |
Change In Unrealized Gain Loss On Hedged Item In Fair Value Hedge1
ChangeInUnrealizedGainLossOnHedgedItemInFairValueHedge1
|
-162000000 | USD | |
CY2015Q4 | us-gaap |
Commercial Paper
CommercialPaper
|
0 | USD |
CY2016Q2 | us-gaap |
Commercial Paper
CommercialPaper
|
921000000 | USD |
CY2015Q4 | us-gaap |
Commitments And Contingencies
CommitmentsAndContingencies
|
USD | |
CY2016Q2 | us-gaap |
Commitments And Contingencies
CommitmentsAndContingencies
|
USD | |
CY2015Q1 | us-gaap |
Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
|
0.48 | |
us-gaap |
Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
|
0.52 | ||
CY2015Q4 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
4725000000 | shares |
CY2016Q2 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
4717000000 | shares |
CY2015Q4 | us-gaap |
Common Stock Shares Outstanding
CommonStockSharesOutstanding
|
4725000000 | shares |
CY2016Q2 | us-gaap |
Common Stock Shares Outstanding
CommonStockSharesOutstanding
|
4716000000 | shares |
CY2015Q4 | us-gaap |
Common Stocks Including Additional Paid In Capital
CommonStocksIncludingAdditionalPaidInCapital
|
23411000000 | USD |
CY2016Q2 | us-gaap |
Common Stocks Including Additional Paid In Capital
CommonStocksIncludingAdditionalPaidInCapital
|
24088000000 | USD |
CY2015Q1 | us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
1394000000 | USD |
us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
2546000000 | USD | |
CY2015Q4 | us-gaap |
Cost Method Investments
CostMethodInvestments
|
2933000000 | USD |
CY2016Q2 | us-gaap |
Cost Method Investments
CostMethodInvestments
|
2933000000 | USD |
CY2015Q1 | us-gaap |
Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
|
5051000000 | USD |
us-gaap |
Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
|
5572000000 | USD | |
CY2015Q4 | us-gaap |
Debt Current
DebtCurrent
|
2634000000 | USD |
CY2016Q2 | us-gaap |
Debt Current
DebtCurrent
|
3594000000 | USD |
CY2015Q1 | us-gaap |
Deferred Income Taxes And Tax Credits
DeferredIncomeTaxesAndTaxCredits
|
-171000000 | USD |
us-gaap |
Deferred Income Taxes And Tax Credits
DeferredIncomeTaxesAndTaxCredits
|
-43000000 | USD | |
CY2015Q4 | us-gaap |
Deferred Revenue
DeferredRevenue
|
2718000000 | USD |
CY2016Q2 | us-gaap |
Deferred Revenue
DeferredRevenue
|
3114000000 | USD |
CY2015Q4 | us-gaap |
Deferred Revenue Current
DeferredRevenueCurrent
|
2188000000 | USD |
CY2016Q2 | us-gaap |
Deferred Revenue Current
DeferredRevenueCurrent
|
2632000000 | USD |
CY2015Q4 | us-gaap |
Deferred Tax Assets Net Noncurrent
DeferredTaxAssetsNetNoncurrent
|
1052000000 | USD |
CY2016Q2 | us-gaap |
Deferred Tax Assets Net Noncurrent
DeferredTaxAssetsNetNoncurrent
|
682000000 | USD |
CY2015Q4 | us-gaap |
Deferred Tax Liabilities Noncurrent
DeferredTaxLiabilitiesNoncurrent
|
954000000 | USD |
CY2016Q2 | us-gaap |
Deferred Tax Liabilities Noncurrent
DeferredTaxLiabilitiesNoncurrent
|
1247000000 | USD |
CY2015Q1 | us-gaap |
Depreciation
Depreciation
|
1848000000 | USD |
us-gaap |
Depreciation
Depreciation
|
1619000000 | USD | |
CY2015Q4 | us-gaap |
Derivative Asset Fair Value Gross Liability
DerivativeAssetFairValueGrossLiability
|
0 | USD |
CY2016Q2 | us-gaap |
Derivative Asset Fair Value Gross Liability
DerivativeAssetFairValueGrossLiability
|
0 | USD |
CY2015Q4 | us-gaap |
Derivative Asset Securities Purchased Under Agreements To Resell Securities Borrowed Amount Offset Against Collateral
DerivativeAssetSecuritiesPurchasedUnderAgreementsToResellSecuritiesBorrowedAmountOffsetAgainstCollateral
|
93000000 | USD |
CY2016Q2 | us-gaap |
Derivative Asset Securities Purchased Under Agreements To Resell Securities Borrowed Amount Offset Against Collateral
DerivativeAssetSecuritiesPurchasedUnderAgreementsToResellSecuritiesBorrowedAmountOffsetAgainstCollateral
|
96000000 | USD |
CY2015Q4 | us-gaap |
Derivative Asset Securities Purchased Under Agreements To Resell Securities Borrowed Collateral Obligation To Return Securities
DerivativeAssetSecuritiesPurchasedUnderAgreementsToResellSecuritiesBorrowedCollateralObligationToReturnSecurities
|
201000000 | USD |
CY2016Q2 | us-gaap |
Derivative Asset Securities Purchased Under Agreements To Resell Securities Borrowed Collateral Obligation To Return Securities
DerivativeAssetSecuritiesPurchasedUnderAgreementsToResellSecuritiesBorrowedCollateralObligationToReturnSecurities
|
267000000 | USD |
CY2015Q4 | us-gaap |
Derivative Asset Securities Purchased Under Agreements To Resell Securities Borrowed Gross
DerivativeAssetSecuritiesPurchasedUnderAgreementsToResellSecuritiesBorrowedGross
|
3850000000 | USD |
CY2016Q2 | us-gaap |
Derivative Asset Securities Purchased Under Agreements To Resell Securities Borrowed Gross
DerivativeAssetSecuritiesPurchasedUnderAgreementsToResellSecuritiesBorrowedGross
|
1363000000 | USD |
CY2015Q4 | us-gaap |
Derivative Asset Securities Purchased Under Agreements To Resell Securities Borrowed Liability
DerivativeAssetSecuritiesPurchasedUnderAgreementsToResellSecuritiesBorrowedLiability
|
0 | USD |
CY2016Q2 | us-gaap |
Derivative Asset Securities Purchased Under Agreements To Resell Securities Borrowed Liability
DerivativeAssetSecuritiesPurchasedUnderAgreementsToResellSecuritiesBorrowedLiability
|
0 | USD |
CY2015Q4 | us-gaap |
Derivative Collateral Obligation To Return Securities
DerivativeCollateralObligationToReturnSecurities
|
201000000 | USD |
CY2016Q2 | us-gaap |
Derivative Collateral Obligation To Return Securities
DerivativeCollateralObligationToReturnSecurities
|
267000000 | USD |
CY2015Q4 | us-gaap |
Derivative Collateral Right To Reclaim Securities
DerivativeCollateralRightToReclaimSecurities
|
201000000 | USD |
CY2016Q2 | us-gaap |
Derivative Collateral Right To Reclaim Securities
DerivativeCollateralRightToReclaimSecurities
|
267000000 | USD |
CY2015Q4 | us-gaap |
Derivative Fair Value Of Derivative Asset
DerivativeFairValueOfDerivativeAsset
|
482000000 | USD |
CY2016Q2 | us-gaap |
Derivative Fair Value Of Derivative Asset
DerivativeFairValueOfDerivativeAsset
|
595000000 | USD |
CY2015Q4 | us-gaap |
Derivative Fair Value Of Derivative Asset Amount Not Offset Against Collateral
DerivativeFairValueOfDerivativeAssetAmountNotOffsetAgainstCollateral
|
482000000 | USD |
CY2016Q2 | us-gaap |
Derivative Fair Value Of Derivative Asset Amount Not Offset Against Collateral
DerivativeFairValueOfDerivativeAssetAmountNotOffsetAgainstCollateral
|
595000000 | USD |
CY2015Q4 | us-gaap |
Derivative Fair Value Of Derivative Asset Amount Offset Against Collateral
DerivativeFairValueOfDerivativeAssetAmountOffsetAgainstCollateral
|
93000000 | USD |
CY2016Q2 | us-gaap |
Derivative Fair Value Of Derivative Asset Amount Offset Against Collateral
DerivativeFairValueOfDerivativeAssetAmountOffsetAgainstCollateral
|
96000000 | USD |
CY2015Q4 | us-gaap |
Derivative Fair Value Of Derivative Liability
DerivativeFairValueOfDerivativeLiability
|
242000000 | USD |
CY2016Q2 | us-gaap |
Derivative Fair Value Of Derivative Liability
DerivativeFairValueOfDerivativeLiability
|
338000000 | USD |
CY2015Q4 | us-gaap |
Derivative Fair Value Of Derivative Liability Amount Not Offset Against Collateral
DerivativeFairValueOfDerivativeLiabilityAmountNotOffsetAgainstCollateral
|
242000000 | USD |
CY2016Q2 | us-gaap |
Derivative Fair Value Of Derivative Liability Amount Not Offset Against Collateral
DerivativeFairValueOfDerivativeLiabilityAmountNotOffsetAgainstCollateral
|
338000000 | USD |
CY2015Q4 | us-gaap |
Derivative Fair Value Of Derivative Liability Amount Offset Against Collateral
DerivativeFairValueOfDerivativeLiabilityAmountOffsetAgainstCollateral
|
14000000 | USD |
CY2016Q2 | us-gaap |
Derivative Fair Value Of Derivative Liability Amount Offset Against Collateral
DerivativeFairValueOfDerivativeLiabilityAmountOffsetAgainstCollateral
|
0 | USD |
CY2015Q1 | us-gaap |
Derivative Instruments Gain Loss Recognized In Other Comprehensive Income Effective Portion Net
DerivativeInstrumentsGainLossRecognizedInOtherComprehensiveIncomeEffectivePortionNet
|
-229000000 | USD |
us-gaap |
Derivative Instruments Gain Loss Recognized In Other Comprehensive Income Effective Portion Net
DerivativeInstrumentsGainLossRecognizedInOtherComprehensiveIncomeEffectivePortionNet
|
243000000 | USD | |
CY2015Q4 | us-gaap |
Derivative Liability Fair Value Gross Asset
DerivativeLiabilityFairValueGrossAsset
|
0 | USD |
CY2016Q2 | us-gaap |
Derivative Liability Fair Value Gross Asset
DerivativeLiabilityFairValueGrossAsset
|
0 | USD |
CY2015Q4 | us-gaap |
Derivative Liability Securities Sold Under Agreements To Resell Securities Loaned Amount Offset Against Collateral
DerivativeLiabilitySecuritiesSoldUnderAgreementsToResellSecuritiesLoanedAmountOffsetAgainstCollateral
|
14000000 | USD |
CY2016Q2 | us-gaap |
Derivative Liability Securities Sold Under Agreements To Resell Securities Loaned Amount Offset Against Collateral
DerivativeLiabilitySecuritiesSoldUnderAgreementsToResellSecuritiesLoanedAmountOffsetAgainstCollateral
|
0 | USD |
CY2015Q4 | us-gaap |
Derivative Liability Securities Sold Under Agreements To Resell Securities Loaned Asset
DerivativeLiabilitySecuritiesSoldUnderAgreementsToResellSecuritiesLoanedAsset
|
0 | USD |
us-gaap |
Effect Of Exchange Rate On Cash And Cash Equivalents Continuing Operations
EffectOfExchangeRateOnCashAndCashEquivalentsContinuingOperations
|
0 | USD | |
CY2016Q2 | us-gaap |
Derivative Liability Securities Sold Under Agreements To Resell Securities Loaned Asset
DerivativeLiabilitySecuritiesSoldUnderAgreementsToResellSecuritiesLoanedAsset
|
0 | USD |
CY2015Q4 | us-gaap |
Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
|
3138000000 | USD |
CY2016Q2 | us-gaap |
Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
|
1834000000 | USD |
CY2015Q4 | us-gaap |
Equity Method Investments
EquityMethodInvestments
|
1590000000 | USD |
CY2016Q2 | us-gaap |
Equity Method Investments
EquityMethodInvestments
|
1593000000 | USD |
CY2015Q1 | us-gaap |
Excess Tax Benefit From Share Based Compensation Financing Activities
ExcessTaxBenefitFromShareBasedCompensationFinancingActivities
|
22000000 | USD |
us-gaap |
Excess Tax Benefit From Share Based Compensation Financing Activities
ExcessTaxBenefitFromShareBasedCompensationFinancingActivities
|
13000000 | USD | |
CY2015Q4 | us-gaap |
Derivative Liability Securities Sold Under Agreements To Resell Securities Loaned Collateral Right To Reclaim Securities
DerivativeLiabilitySecuritiesSoldUnderAgreementsToResellSecuritiesLoanedCollateralRightToReclaimSecurities
|
201000000 | USD |
CY2016Q2 | us-gaap |
Derivative Liability Securities Sold Under Agreements To Resell Securities Loaned Collateral Right To Reclaim Securities
DerivativeLiabilitySecuritiesSoldUnderAgreementsToResellSecuritiesLoanedCollateralRightToReclaimSecurities
|
267000000 | USD |
CY2015Q4 | us-gaap |
Derivative Liability Securities Sold Under Agreements To Resell Securities Loaned Gross
DerivativeLiabilitySecuritiesSoldUnderAgreementsToResellSecuritiesLoanedGross
|
242000000 | USD |
CY2016Q2 | us-gaap |
Derivative Liability Securities Sold Under Agreements To Resell Securities Loaned Gross
DerivativeLiabilitySecuritiesSoldUnderAgreementsToResellSecuritiesLoanedGross
|
338000000 | USD |
CY2015Q1 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.42 | |
us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.43 | ||
CY2015Q1 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.41 | |
us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.42 | ||
CY2015Q1 | us-gaap |
Effect Of Exchange Rate On Cash And Cash Equivalents Continuing Operations
EffectOfExchangeRateOnCashAndCashEquivalentsContinuingOperations
|
-9000000 | USD |
CY2015Q1 | us-gaap |
Excess Tax Benefit From Share Based Compensation Operating Activities
ExcessTaxBenefitFromShareBasedCompensationOperatingActivities
|
22000000 | USD |
us-gaap |
Excess Tax Benefit From Share Based Compensation Operating Activities
ExcessTaxBenefitFromShareBasedCompensationOperatingActivities
|
13000000 | USD | |
CY2015Q4 | us-gaap |
Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
|
4750000000 | USD |
CY2016Q2 | us-gaap |
Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
|
5037000000 | USD |
CY2016Q2 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Next Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
|
1285000000 | USD |
CY2016Q2 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Remainder Of Fiscal Year
FiniteLivedIntangibleAssetsAmortizationExpenseRemainderOfFiscalYear
|
1174000000 | USD |
CY2016Q2 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
|
1050000000 | USD |
CY2016Q2 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
|
1099000000 | USD |
CY2016Q2 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
|
1120000000 | USD |
CY2015Q4 | us-gaap |
Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
|
7742000000 | USD |
CY2016Q2 | us-gaap |
Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
|
14635000000 | USD |
CY2015Q4 | us-gaap |
Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
|
2992000000 | USD |
CY2016Q2 | us-gaap |
Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
|
9598000000 | USD |
CY2015Q4 | us-gaap |
Goodwill
Goodwill
|
11332000000 | USD |
CY2016Q2 | us-gaap |
Goodwill
Goodwill
|
16942000000 | USD |
us-gaap |
Goodwill Acquired During Period
GoodwillAcquiredDuringPeriod
|
5608000000 | USD | |
us-gaap |
Goodwill Transfers
GoodwillTransfers
|
0 | USD | |
CY2015Q4 | us-gaap |
Grants Receivable Noncurrent
GrantsReceivableNoncurrent
|
318000000 | USD |
CY2016Q2 | us-gaap |
Grants Receivable Noncurrent
GrantsReceivableNoncurrent
|
323000000 | USD |
CY2015Q1 | us-gaap |
Gross Profit
GrossProfit
|
7730000000 | USD |
us-gaap |
Gross Profit
GrossProfit
|
8130000000 | USD | |
CY2015Q1 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
2673000000 | USD |
us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
2508000000 | USD | |
CY2015Q1 | us-gaap |
Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
|
-48000000 | USD |
us-gaap |
Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
|
-8000000 | USD | |
CY2015Q1 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
681000000 | USD |
us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
462000000 | USD | |
CY2015Q1 | us-gaap |
Income Taxes Paid Net
IncomeTaxesPaidNet
|
596000000 | USD |
us-gaap |
Income Taxes Paid Net
IncomeTaxesPaidNet
|
-72000000 | USD | |
CY2015Q1 | us-gaap |
Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
|
-71000000 | USD |
us-gaap |
Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
|
434000000 | USD | |
CY2015Q1 | us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
-1167000000 | USD |
us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
-942000000 | USD | |
CY2015Q1 | us-gaap |
Increase Decrease In Employee Related Liabilities
IncreaseDecreaseInEmployeeRelatedLiabilities
|
-1659000000 | USD |
us-gaap |
Increase Decrease In Employee Related Liabilities
IncreaseDecreaseInEmployeeRelatedLiabilities
|
-1307000000 | USD | |
CY2015Q1 | us-gaap |
Increase Decrease In Income Taxes Payable Net Of Income Taxes Receivable
IncreaseDecreaseInIncomeTaxesPayableNetOfIncomeTaxesReceivable
|
221000000 | USD |
us-gaap |
Increase Decrease In Income Taxes Payable Net Of Income Taxes Receivable
IncreaseDecreaseInIncomeTaxesPayableNetOfIncomeTaxesReceivable
|
497000000 | USD | |
CY2015Q1 | us-gaap |
Increase Decrease In Inventories
IncreaseDecreaseInInventories
|
137000000 | USD |
us-gaap |
Increase Decrease In Inventories
IncreaseDecreaseInInventories
|
57000000 | USD | |
CY2015Q1 | us-gaap |
Increase Decrease In Other Operating Capital Net
IncreaseDecreaseInOtherOperatingCapitalNet
|
-555000000 | USD |
us-gaap |
Increase Decrease In Other Operating Capital Net
IncreaseDecreaseInOtherOperatingCapitalNet
|
885000000 | USD | |
CY2015Q1 | us-gaap |
Incremental Common Shares Attributable To Conversion Of Debt Securities
IncrementalCommonSharesAttributableToConversionOfDebtSecurities
|
91000000 | shares |
us-gaap |
Incremental Common Shares Attributable To Conversion Of Debt Securities
IncrementalCommonSharesAttributableToConversionOfDebtSecurities
|
87000000 | shares | |
CY2015Q1 | us-gaap |
Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
|
82000000 | shares |
us-gaap |
Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
|
66000000 | shares | |
CY2015Q4 | us-gaap |
Indefinite Lived Intangible Assets Excluding Goodwill
IndefiniteLivedIntangibleAssetsExcludingGoodwill
|
941000000 | USD |
CY2016Q2 | us-gaap |
Indefinite Lived Intangible Assets Excluding Goodwill
IndefiniteLivedIntangibleAssetsExcludingGoodwill
|
1542000000 | USD |
CY2015Q4 | us-gaap |
Intangible Assets Gross Excluding Goodwill
IntangibleAssetsGrossExcludingGoodwill
|
8683000000 | USD |
CY2016Q2 | us-gaap |
Intangible Assets Gross Excluding Goodwill
IntangibleAssetsGrossExcludingGoodwill
|
16177000000 | USD |
CY2015Q4 | us-gaap |
Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
|
3933000000 | USD |
CY2016Q2 | us-gaap |
Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
|
11140000000 | USD |
CY2015Q1 | us-gaap |
Interest Costs Capitalized
InterestCostsCapitalized
|
81000000 | USD |
us-gaap |
Interest Costs Capitalized
InterestCostsCapitalized
|
22000000 | USD | |
CY2015Q1 | us-gaap |
Interest Expense
InterestExpense
|
42000000 | USD |
us-gaap |
Interest Expense
InterestExpense
|
208000000 | USD | |
CY2015Q1 | us-gaap |
Interest Paid Net
InterestPaidNet
|
0 | USD |
us-gaap |
Interest Paid Net
InterestPaidNet
|
254000000 | USD | |
CY2015Q4 | us-gaap |
Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
|
1742000000 | USD |
CY2016Q2 | us-gaap |
Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
|
2143000000 | USD |
CY2015Q4 | us-gaap |
Inventory Net
InventoryNet
|
5167000000 | USD |
CY2016Q2 | us-gaap |
Inventory Net
InventoryNet
|
5751000000 | USD |
CY2015Q4 | us-gaap |
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Other Comprehensive Income Loss Net Of Tax
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PaymentsForRepurchaseOfCommonStock
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Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
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PaymentsOfDividendsCommonStock
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PaymentsOfDividendsCommonStock
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PaymentsRelatedToTaxWithholdingForShareBasedCompensation
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Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
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PaymentsToAcquireAvailableForSaleSecurities
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Payments To Acquire Available For Sale Securities
PaymentsToAcquireAvailableForSaleSecurities
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CY2015Q1 | us-gaap |
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PaymentsToAcquireBusinessesNetOfCashAcquired
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Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
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PaymentsToAcquirePropertyPlantAndEquipment
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Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
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PaymentsToAcquireShortTermInvestments
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Payments To Acquire Short Term Investments
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Preferred Stock Value
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Research And Development Expense
ResearchAndDevelopmentExpense
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Restructuring Reserve
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Restructuring Settlement And Impairment Provisions
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Retained Earnings Accumulated Deficit
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CY2016Q2 | us-gaap |
Securities Purchased Under Agreements To Resell Amount Offset Against Collateral
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Securities Purchased Under Agreements To Resell Collateral Obligation To Return Securities
SecuritiesPurchasedUnderAgreementsToResellCollateralObligationToReturnSecurities
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Securities Purchased Under Agreements To Resell Gross
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Securities Purchased Under Agreements To Resell Liability
SecuritiesPurchasedUnderAgreementsToResellLiability
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Securities Purchased Under Agreements To Resell Liability
SecuritiesPurchasedUnderAgreementsToResellLiability
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Selling General And Administrative Expense
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Temporary Equity Carrying Amount Attributable To Parent
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Trading Securities
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Weighted Average Number Of Diluted Shares Outstanding
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Weighted Average Number Of Shares Outstanding Basic
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Loss Contingency Disclosures
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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 21: Contingencies</font><font style="font-family:Arial;font-size:10pt;font-weight:bold;"> </font></div><div style="line-height:120%;padding-top:18px;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:6px;text-align:left;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. An unfavorable outcome may result in 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. Except as specifically described below, we have not concluded that settlement of any of the legal proceedings noted in this section is appropriate at this time.</font></div><div style="line-height:120%;padding-top:12px;text-align:left;font-size:10pt;"><font style="font-family:Arial;font-size:10pt;font-style:italic;">Government Competition Matters and Consumer Class Actions</font></div><div style="line-height:120%;padding-top:6px;text-align:left;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 conditioned 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 preferred Intel</font><font style="font-family:Arial;font-size:10pt;"><sup style="vertical-align:top;line-height:120%;font-size:6pt">®</sup></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 the following 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:12px;text-align:left;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. 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 "conditional rebates and payments" 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 "payments to prevent sales of specific rival products." The EC imposed a fine in the amount of </font><font style="font-family:Arial;font-size:10pt;">€1.1 billion</font><font style="font-family:Arial;font-size:10pt;"> (</font><font style="font-family:Arial;font-size:10pt;">$1.4 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 "immediately bring to an end the infringement referred to in" the EC decision. </font></div><div style="line-height:120%;padding-top:12px;font-size:10pt;"><font style="font-family:Arial;font-size:10pt;">The EC decision contained no specific direction on whether or how we should modify our business practices. Instead, the decision stated that we should "cease and desist" from further conduct that, in the EC's opinion, would violate applicable law. We took steps, which are subject to the EC's ongoing review, to comply with that decision pending appeal. We had discussions with the EC to better understand the decision and to explain changes to our business practices. </font></div><div style="line-height:120%;padding-top:12px;font-size:10pt;"><font style="font-family:Arial;font-size:10pt;">We appealed the EC decision to the Court of First Instance (which has been renamed the General Court) in July 2009. The hearing of our appeal took place in July 2012. In June 2014, the General Court rejected our appeal in its entirety. In August 2014, we filed an appeal with the European Court of Justice. In November 2014, Intervener Association for Competitive Technologies filed comments in support of Intel’s grounds of appeal. The EC and interveners filed briefs in November 2014, we filed a reply in February 2015, and the EC filed a rejoinder in April 2015. The Court of Justice is likely to hold oral argument and issue its decision in 2016.</font></div><div style="line-height:120%;padding-top:12px;font-size:10pt;"><font style="font-family:Arial;font-size:10pt;">At least 82 separate class-action lawsuits were 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's ability to sell its microprocessors; interfering with certain AMD product launches; and interfering with AMD'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.</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 and state class actions other than the California class actions were 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 July 2010, the Special Master denied the MDL plaintiffs' motion to certify a class of members who purchased certain personal computers containing products sold by us. In July 2014, the district court affirmed the Special Master's ruling and issued an order denying the MDL plaintiffs' motion for class certification. In August 2014, plaintiffs filed a petition for interlocutory appeal of the district court's decision with the U.S. Court of Appeals for the Third Circuit, which the Third Circuit denied in October 2014. In December 2014, we filed a motion for summary judgment on the claims of the remaining individual plaintiffs. We subsequently negotiated a settlement of the claims and the case was dismissed in September 2015.</font></div><div style="line-height:120%;padding-bottom:12px;padding-top:12px;text-align:left;font-size:10pt;"><font style="font-family:Arial;font-size:10pt;">All California class actions were consolidated in the Superior Court of California in Santa Clara County. In March 2008, the plaintiffs in the California actions moved for class certification, which we opposed. In February 2015, the court granted plaintiffs' request for leave to retain a new expert and to amend their previous motion for class certification. In March 2016, the court denied plaintiffs’ amended class certification motion, and plaintiffs filed a motion for reconsideration, which is scheduled for hearing in May 2016. Given the procedural posture and the nature of these cases, we are unable to 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%;font-size:10pt;"><font style="font-family:Arial;font-size:10pt;font-style:italic;">Shareholder Derivative Litigation regarding In re High Tech Employee Antitrust Litigation</font></div><div style="line-height:120%;padding-top:6px;text-align:left;font-size:10pt;"><font style="font-family:Arial;font-size:10pt;">In March 2014, the Police Retirement System of St. Louis (PRSSL) filed a shareholder derivative action in the Superior Court of California in Santa Clara County against Intel, certain current and former members of our Board of Directors, and a current officer. The complaint alleges that the defendants breached their duties to the company by participating in, or allowing, purported antitrust violations, which were alleged in a now-settled antitrust class action lawsuit captioned </font><font style="font-family:Arial;font-size:10pt;font-style:italic;">In re High Tech Employee Antitrust Litigation </font><font style="font-family:Arial;font-size:10pt;">claiming that</font><font style="font-family:Arial;font-size:10pt;font-weight:bold;"> </font><font style="font-family:Arial;font-size:10pt;">Intel, Adobe Systems Incorporated, Apple Inc., Google Inc., Intuit Inc., Lucasfilm Ltd., and Pixar conspired to suppress their employees’ compensation. In March 2014, a second plaintiff, Barbara Templeton, filed a substantially similar derivative suit in the same court. In May 2014, a third shareholder, Robert Achermann, filed a substantially similar derivative action in the same court. The court consolidated the three actions into one, which is captioned </font><font style="font-family:Arial;font-size:10pt;font-style:italic;">In re Intel Corporation Shareholder Derivative Litigation</font><font style="font-family:Arial;font-size:10pt;">. Plaintiffs filed a consolidated complaint in July 2014. In August 2015, the court granted our motion to dismiss the consolidated complaint. The plaintiffs thereafter filed a motion for reconsideration and a motion for new trial, both of which the court denied in October 2015. In November 2015, plaintiffs PRSSL and Templeton appealed the court's decision.</font></div><div style="line-height:120%;padding-top:12px;text-align:left;font-size:10pt;"><font style="font-family:Arial;font-size:10pt;">In June 2015, the International Brotherhood of Electrical Workers (IBEW) filed a shareholder derivative action in the Chancery Court in Delaware against Intel, certain current and former members of our Board of Directors, and a current officer. The lawsuit makes allegations that are substantially similar to those in the California shareholder derivative litigation described above, but contain additional allegations regarding breach of the duty of disclosure surrounding the </font><font style="font-family:Arial;font-size:10pt;font-style:italic;">In re High Tech Employee Antitrust Litigation</font><font style="font-family:Arial;font-size:10pt;"> and that the Intel 2013 and 2014 proxy statements were false and misleading in that they misrepresented the effectiveness of the Board’s oversight of compliance issues at Intel and the Board’s compliance with Intel’s Code of Conduct and Board of Director Guidelines on Significant Corporate Governance Issues. In October 2015, the court stayed the IBEW lawsuit for six months pending further developments in the California case. In March 2016, Intel and IBEW entered into a stipulated dismissal pursuant to which IBEW dismissed its complaint but may re-file upon the withdrawal or final resolution of the appeal in the California shareholder derivative litigation.</font></div><div style="line-height:120%;padding-top:12px;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;padding-top:12px;text-align:left;font-size:10pt;"><font style="font-family:Arial;font-size:10pt;">In April 2016, John Esposito filed a shareholder derivative action in the Superior Court of California in Santa Clara County against Intel, current members of our Board, and certain former officers and employees. Esposito made a demand on our Board in 2013 to investigate whether our officers or directors should be sued for their participation in the events described in In re High Tech Employee Antitrust Litigation. In November 2015, our Board decided not to take further action on Esposito’s demand based on the recommendation of the Audit Committee of the Board after its investigation of relevant facts and circumstances. Esposito seeks to set aside such decision, and alleges that the Board was not disinterested in making that decision and that the investigation was inadequate.</font></div><div style="line-height:120%;padding-top:12px;text-align:left;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:6px;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 the common stock of McAfee, Inc. (McAfee) for </font><font style="font-family:Arial;font-size:10pt;">$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’ 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;">$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’ 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’ 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. 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 appealed the final judgment. Intel, McAfee, and McAfee’s board of directors filed an opposition to plaintiff’s appeal in December 2014. Because the resolution of the appeal may materially impact the scope and nature of the proceeding, we are unable to 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> |