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EX-32.1 - EXHIBIT 32.1 - INTEL CORPintcex32110q9262015.htm
EX-31.1 - EXHIBIT 31.1 - INTEL CORPintcex31110q9262015.htm
10-Q - 10-Q - INTEL CORPa10qdocument9262015.htm
EX-31.2 - EXHIBIT 31.2 - INTEL CORPintcex31210q9262015.htm


Exhibit 12.1

INTEL CORPORATION

STATEMENT SETTING FORTH THE COMPUTATION
OF RATIOS OF EARNINGS TO FIXED CHARGES
     
 
 
 
 
Nine Months Ended
(Dollars in Millions)
 
Sep 26,
2015
 
Sep 27,
2014
Earnings
 
$
10,128

 
$
11,302

Adjustments:
 
 
 
 
 
Add - Fixed charges
 
435

 
371

 
Subtract - Capitalized interest
 
(202
)
 
(203
)
Earnings and fixed charges (net of capitalized interest)
 
$
10,361

 
$
11,470

 
 
 
 
 
 
 
Fixed charges:
 
 
 
 
 
Interest2 
 
$
211

 
$
139

 
Capitalized interest
 
202

 
203

 
Estimated interest component of rental expense
 
22

 
29

Total
 
$
435

 
$
371

 
 
 
 
 
 
 
Ratio of earnings before taxes and fixed charges, to fixed charges
 
24x

 
31x


1 After adjustments required by Item 503(d) of Regulation S-K.
2 Interest within provision for taxes on the consolidated condensed statements of income is not included.