Attached files
| file | filename |
|---|---|
| 10-Q - 10-Q - INTEL CORP | a10qdocument07022016.htm |
| EX-32.1 - EXHIBIT 32.1 - INTEL CORP | intcex32110q07022016.htm |
| EX-31.2 - EXHIBIT 31.2 - INTEL CORP | intcex31210q07022016.htm |
| EX-31.1 - EXHIBIT 31.1 - INTEL CORP | intcex31110q07022016.htm |
Exhibit 12.1
INTEL CORPORATION
STATEMENT SETTING FORTH THE COMPUTATION
OF RATIOS OF EARNINGS TO FIXED CHARGES
Six Months Ended | ||||||||||
(Dollars in Millions) | Jul 2, 2016 | Jun 27, 2015 | ||||||||
Earnings1 | $ | 4,229 | $ | 5,806 | ||||||
Adjustments: | ||||||||||
Add - Fixed charges | 461 | 260 | ||||||||
Subtract - Capitalized interest | (46 | ) | (150 | ) | ||||||
Earnings and fixed charges (net of capitalized interest) | $ | 4,644 | $ | 5,916 | ||||||
Fixed charges: | ||||||||||
Interest2 | $ | 395 | $ | 95 | ||||||
Capitalized interest | 46 | 150 | ||||||||
Estimated interest component of rental expense | 20 | 15 | ||||||||
Total | $ | 461 | $ | 260 | ||||||
Ratio of earnings before taxes and fixed charges, to fixed charges | 10x | 23x | ||||||||
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.