Attached files
file | filename |
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10-Q - 10-Q - INTEL CORP | new10qdocument07012017.htm |
EX-32.1 - EXHIBIT 32.1 - INTEL CORP | newintcex32110q07012017.htm |
EX-31.2 - EXHIBIT 31.2 - INTEL CORP | newintcex31210q07012017.htm |
EX-31.1 - EXHIBIT 31.1 - INTEL CORP | newintcex31110q07012017.htm |
EX-10.1 - EXHIBIT 10.1 - INTEL CORP | newintcex10110q07012017.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 | ||||||||
Earnings1 | $ | 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.