|
|
|
Three Months Ended |
||
|
(In Millions) |
|
Dec 25, 2021 |
|
Dec 26, 2020 |
|
Earnings per share of common stock information: |
|
|
|
|
|
Weighted average shares of common stock outstanding—basic |
|
4,069 |
|
4,094 |
|
Dilutive effect of employee equity incentive plans |
|
26 |
|
25 |
|
Weighted average shares of common stock outstanding—diluted |
|
4,095 |
|
4,119 |
|
|
|
|
|
|
|
Stock buyback: |
|
|
|
|
|
Shares repurchased |
|
— |
|
38 |
|
Cumulative shares repurchased (in billions) |
|
5.8 |
|
5.7 |
|
Remaining dollars authorized for buyback (in billions) |
|
$ 7.2 |
|
$ 9.7 |
|
|
|
|
|
|
|
Other information: |
|
|
|
|
|
Employees (in thousands) |
|
121.1 |
|
110.6 |
Intel Corporation
Consolidated Condensed Balance Sheets
|
(In Millions) |
|
Dec 25, 2021 |
|
Dec 26, 2020 |
|
Assets |
|
(unaudited) |
|
|
|
Current assets: |
|
|
|
|
|
Cash and cash equivalents |
|
$ 4,827 |
|
$ 5,865 |
|
Short-term investments |
|
2,103 |
|
2,292 |
|
Trading assets |
|
21,483 |
|
15,738 |
|
Accounts receivable, net of allowance for doubtful accounts |
|
9,457 |
|
6,782 |
|
Inventories |
|
|
|
|
|
Raw materials |
|
1,441 |
|
908 |
|
Work in process |
|
6,656 |
|
5,693 |
|
Finished goods |
|
2,679 |
|
1,826 |
|
|
|
10,776 |
|
8,427 |
|
Assets held for sale |
|
6,942 |
|
5,400 |
|
Other current assets |
|
2,130 |
|
2,745 |
|
Total current assets |
|
57,718 |
|
47,249 |
|
|
|
|
|
|
|
Property, plant and equipment, net |
|
63,245 |
|
56,584 |
|
Equity investments |
|
6,298 |
|
5,152 |
|
Other long-term investments |
|
840 |
|
2,192 |
|
Goodwill |
|
26,963 |
|
26,971 |
|
Identified intangible assets, net |
|
7,270 |
|
9,026 |
|
Other long-term assets |
|
6,072 |
|
5,917 |
|
Total assets |
|
$ 168,406 |
|
$ 153,091 |
|
|
|
|
|
|
|
Liabilities |
|
|
|
|
|
Current liabilities |
|
|
|
|
|
Short-term debt |
|
$ 4,591 |
|
$ 2,504 |
|
Accounts payable |
|
5,747 |
|
5,581 |
|
Accrued compensation and benefits |
|
4,535 |
|
3,999 |
|
Other accrued liabilities |
|
12,589 |
|
12,670 |
|
Total current liabilities |
|
27,462 |
|
24,754 |
|
Debt |
|
33,510 |
|
33,897 |
|
Contract liabilities |
|
185 |
|
1,367 |
|
Income taxes payable |
|
4,305 |
|
4,578 |
|
Deferred income taxes |
|
2,667 |
|
3,843 |
|
Other long-term liabilities |
|
4,886 |
|
3,614 |
|
Stockholders' equity |
|
|
|
|
|
Common stock, $0.001 par value, 10,000 shares authorized; 4,070 shares issued and outstanding (4,062 issued and outstanding in 2020) and capital in excess of par value |
|
28,006 |
|
25,556 |
|
Accumulated other comprehensive income (loss) |
|
(880) |
|
(751) |
|
Retained earnings |
|
68,265 |
|
56,233 |
|
Total stockholders' equity |
|
95,391 |
|
81,038 |
|
Total liabilities and stockholders' equity |
|
$ 168,406 |
|
$ 153,091 |
