Attached files

file filename
10-Q - 10-Q - INTEL CORPnew10qdocument07012017.htm
EX-32.1 - EXHIBIT 32.1 - INTEL CORPnewintcex32110q07012017.htm
EX-31.2 - EXHIBIT 31.2 - INTEL CORPnewintcex31210q07012017.htm
EX-31.1 - EXHIBIT 31.1 - INTEL CORPnewintcex31110q07012017.htm
EX-10.1 - EXHIBIT 10.1 - INTEL CORPnewintcex10110q07012017.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 1,
2017
 
Jul 2,
2016
Earnings
 
$
8,443

 
$
4,229

Adjustments:
 
 
 
 
 
Add - Fixed charges
 
457

 
461

 
Subtract - Capitalized interest
 
(136
)
 
(46
)
Earnings and fixed charges (net of capitalized interest)
 
$
8,764

 
$
4,644

 
 
 
 
 
 
 
Fixed charges:
 
 
 
 
 
Interest2 
 
$
302

 
$
395

 
Capitalized interest
 
136

 
46

 
Estimated interest component of rental expense
 
19

 
20

Total
 
$
457

 
$
461

 
 
 
 
 
 
 
Ratio of earnings before taxes and fixed charges, to fixed charges
 
19x

 
10x


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.