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6 Months Ended
Cover Page shares in Millions

Jun. 26, 2021shares
Cover [Abstract]
Document Type 10-Q
Document Quarterly Report true
Document Transition Report false
Document Period End Date Jun. 26,
2021
Entity File Number 000-06217
Entity Registrant Name INTEL CORPORATION
Entity Central Index Key 0000050863
Current Fiscal Year End Date --12-25
Document Fiscal Year Focus 2021
Document Fiscal Period Focus Q2
Amendment Flag false
Entity Incorporation, State or Country Code DE
Entity Tax Identification Number 94-1672743
Entity Address, Address Line One 2200 Mission College Boulevard,
Entity Address, City or Town Santa Clara,
Entity Address, State or Province CA
Entity Address, Postal Zip Code 95054-1549
City Area Code (408)
Local Phone Number 765-8080
Title of 12(b) Security Common stock, $0.001 par value
Trading Symbol INTC
Security Exchange Name NASDAQ
Entity Current Reporting Status Yes
Entity Interactive Data Current Yes
Entity Filer Category Large Accelerated Filer
Entity Small Business false
Entity Emerging Growth Company false
Entity Shell Company false
Entity Common Stock, Shares Outstanding 4,057
Consolidated Condensed Statements of Income - USD ($) shares in Millions, $ in Millions
Income Statement [Abstract]
Net revenue
Cost of sales
Gross margin
Research and development
Marketing, general and administrative
Restructuring and other charges
Operating expenses
Operating income
Gains (losses) on equity investments, net
Interest and other, net
Income before taxes
Provision for taxes
Net income
Earnings per share - Basic (in dollars per share)
Earnings per share - Diluted (in dollars per share)
Weighted average shares of common stock outstanding:
Basic (shares)
Diluted (shares)
3 Months Ended 6 Months Ended
Jun. 26, 2021 Jun. 27, 2020 Jun. 26, 2021 Jun. 27, 2020
$ 19,631 $ 19,728 $ 39,304 $ 39,556

8,425 9,221 17,244 17,033
11,206 10,507 22,060 22,523
3,715 3,354 7,338 6,629
1,599 1,447 2,927 2,988
346 9 2,555 171
5,660 4,810 12,820 9,788
5,546 5,697 9,240 12,735
295 267 663 156
(96) (29) (252) (342)
5,745 5,935 9,651 12,549
684 830 1,229 1,783
$ 5,061 $ 5,105 $ 8,422 $ 10,766
$ 1.25 $ 1.20 $ 2.08 $ 2.53
$ 1.24 $ 1.19 $ 2.06 $ 2.50
4,049 4,246 4,053 4,256

4,084 4,284 4,090 4,298
Consolidated Condensed Statements of Comprehensive Income - USD ($) $ in Millions
Statement of Comprehensive Income [Abstract]
Net income
Changes in other comprehensive income, net of tax:
Net unrealized holding gains (losses) on derivatives
Actuarial valuation and other pension benefits (expenses), net
Translation adjustments and other
Other comprehensive income (loss)
Total comprehensive income
Jun. 26, 2021 Jun. 27, 2020 Jun. 26, 2021 Jun. 27, 2020
$ 5,061 $ 5,105 $ 8,422 $ 10,766
6 319 (344) 51
12 11 25 23
(10) 59 (25) 54
8 389 (344) 128
$ 5,069 $ 5,494 $ 8,078 $ 10,894
Consolidated Condensed Balance Sheets - USD ($) $ in Millions
Current assets:
Cash and cash equivalents
Short-term investments
Trading assets
Accounts receivable
Inventories
Assets Held-for-sale
Other current assets
Total current assets
Property, plant and equipment, net of accumulated depreciation of $81,558 ($77,645 as of
December 26, 2020)
Equity Investments
Other long-term investments
Goodwill
Identified intangible assets, net
Other long-term assets
Total assets
Current liabilities:
Short-term debt
Accounts payable
Accrued compensation and benefits
Other accrued liabilities
Total current liabilities
Debt
Contract Liabilities
Income taxes payable, non-current
Deferred income taxes
Other long-term liabilities
Contingencies (Note 13)
Stockholders’ equity:
Common stock and capital in excess of par value, 4,057 issued and outstanding (4,062 issued and
outstanding as of December 26, 2020)
Accumulated other comprehensive income (loss)
Retained earnings
Total stockholders’ equity
Total liabilities and stockholders’ equity
Jun. 26, 2021 Dec. 26, 2020
$ 4,746 $ 5,865
3,014 2,292
17,097 15,738
7,460 6,782
8,817 8,427
5,817 5,400
2,421 2,745
49,372 47,249
58,166 56,584
5,655 5,152
1,262 2,192
26,768 26,971
8,018 9,026
5,356 5,917
154,597 153,091
3,695 2,504
5,917 5,581
3,176 3,999
12,048 12,670
24,836 24,754
31,714 33,897
68 1,367
4,172 4,578
3,271 3,843
5,329 3,614
26,655 25,556
(1,095) (751)
59,647 56,233
85,207 81,038
$ 154,597 $ 153,091
Consolidated Condensed Balance Sheets (Parenthetical) - USD ($) shares in Millions, $ in Millions
Assets
Accumulated depreciation
Stockholders’ equity:
Common stock, shares issued
Common stock, shares outstanding
Jun. 26, 2021 Dec. 26, 2020
$ 81,558 $ 77,645
4,057 4,062
4,057 4,062
Consolidated Condensed Statements of Cash Flows - USD ($) $ in Millions
Statement of Cash Flows [Abstract]
Cash and cash equivalents, beginning of period
Cash flows provided by (used for) operating activities:
Net income
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation
Share-based compensation
Restructuring and other charges
Amortization of intangibles
(Gains) losses on equity investments, net
Changes in assets and liabilities:
Accounts receivable
Inventories
Accounts payable
Accrued compensation and benefits
Prepaid supply agreements
Income taxes
Other assets and liabilities
Total adjustments
Net cash provided by operating activities
Cash flows provided by (used for) investing activities:
Additions to property, plant and equipment
Additions to held for sale NAND property, plant, and equipment
Purchases of available-for-sale debt investments
Maturities and sales of available-for-sale debt investments
Purchases of trading assets
Maturities and sales of trading assets
Other investing
Net cash used for investing activities
Cash flows provided by (used for) financing activities:
Issuance of long-term debt, net of issuance costs
Repayment of debt and debt conversion
Proceeds from sales of common stock through employee equity incentive plans
Repurchase of common stock
Payment of dividends to stockholders
Other financing
Net cash provided by (used for) financing activities
Net increase (decrease) in cash and cash equivalents
Cash and cash equivalents, end of period
Supplemental disclosures of noncash investing activities and cash flow information:
Acquisition of property, plant, and equipment included in accounts payable and accrued liabilities
Interest, net of capitalized interest

Income taxes, net of refunds
6 Months Ended
Jun. 26, 2021 Jun. 27, 2020
$ 5,865 $ 4,194
8,422 10,766
4,862 5,248
1,044 941
2,555 171
897 865
(555) (92)
(678) 224
(126) (271)
425 208
(836) (1,025)
(1,571) (161)
114 1,203
(259) (762)
5,872 6,549
14,294 17,315
(7,574) (6,676)
682 0
(2,000) (4,558)
2,126 1,303
(14,637) (11,429)
12,936 7,430
380 (416)
(9,451) (14,346)
0 10,247
(500) (2,775)
589 512
(2,415) (4,229)
(2,821) (2,811)
(815) 629
(5,962) 1,573
(1,119) 4,542
4,746 8,736
(2,426) (2,836)
283 252
$ 1,110 $ 574
Consolidated Condensed Statements of Stockholders' Equity Statement - USD ($) shares in
Millions, $ in Millions
Total stockholders' equity, beginning at Dec. 28, 2019
Common stock, shares outstanding, beginning (in shares) at Dec. 28, 2019
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income
Employee equity incentive plans and other
Employee equity incentive plans (in shares)
Temporary equity reduction
Convertible debt
Repurchase of common stock (in shares)
Restricted stock unit withholdings
Restricted stock unit withholdings (in shares)
Cash dividends declared
Total stockholders' equity, ending at Jun. 27, 2020
Common stock, shares outstanding, ending (in shares) at Jun. 27, 2020
Total stockholders' equity, beginning at Mar. 28, 2020
Common stock, shares outstanding, beginning (in shares) at Mar. 28, 2020
Net income
Total stockholders' equity, beginning at Dec. 26, 2020
Common stock, shares outstanding, beginning (in shares) at Dec. 26, 2020
Net income
Temporary equity reduction
Convertible debt
Repurchase of common stock (in shares)
Cash dividends declared
Total stockholders' equity, beginning at Mar. 27, 2021
Common stock, shares outstanding, beginning (in shares) at Mar. 27, 2021
Net income
[1]
Total
$ 77,504
10,766
128
629
941
155
(750)
(4,109)
(435)
(2,819)
82,010
76,354
5,105
389
9
492
(339)
82,010
$ 81,038
4,062
$ 8,422
(344)
588
1,044
0
0
(2,415)
(340)
(2,821)
$ 85,207
4,057
$ 79,807
5,061
8
23
619
(311)
$ 85,207
4,057
The retained earnings balance as of December 26, 2020 includes an opening balance adjustment made as a result of the adop
Cumulative Effect, Period of Adoption, Adjusted Balance
$ 81,073
djustment made as a result of the adoption of a new accounting standard in 2021.
Common Stock and Capital in Excess of Par Value
$ 25,261
4,290
$ 629
42
$ 941
155
(750)
$ (420)
(71)
$ (300)
(8)
$ 25,516
4,253
$ 25,251
4,234
$9
25
$ 492
$ (236)
(6)
$ 25,516
4,253
$ 588
41
$ 1,044
0
0
$ (249)
(40)
$ (284)
(6)
$ 26,655
4,057
$ 26,272
4,038
$ 23
24
$ 619
$ (259)
(5)
$ 26,655
4,057
ard in 2021.
Common Stock and Capital in Excess of Par ValueCumulative Effect, Period of Adoption, Adjusted
Balance
$ 25,556
4,062
Accumulated Other Comprehensive Income (Loss)
$ (1,280)
128
(1,152)
(1,541)
389
(1,152)
(344)
(1,095)
(1,103)
$ (1,095)
Accumulated Other Comprehensive Income (Loss)Cumulative Effect, Period of Adoption, Adjusted
Balance
$ (751)
Retained Earnings
$ 53,523
10,766
(3,689)
(135)
(2,819)
57,646
52,644
5,105
(103)
57,646
8,422
(2,166)
(56)
(2,821)
59,647
54,638
5,061
(52)
$ 59,647
Retained EarningsCumulative Effect, Period of Adoption, Adjusted Balance [1]
$ 56,268
Consolidated Condensed Statements of Stockholders' Equity Statements of Stockholders' Equity
(Parenthetical) - $ / shares
Retained Earnings
Common Stock, Dividends, Per Share, Declared
6 Months Ended
Jun. 26, 2021 Jun. 27, 2020
$ 0.695 $ 0.66
Basis of Presentation
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Basis of Presentation
6 Months Ended
Jun. 26, 2021
Note 1 : Basis of Presentation We prepared our interim Consolidated Condensed Financial

Statements that accompany these notes in conformity with U.S. GAAP, consistent in all material
respects with those applied in our 2020 Form 10-K. We have made estimates and judgments
affecting the amounts reported in our Consolidated Condensed Financial Statements and the
accompanying notes. The actual results that we experience may differ materially from our
estimates. The interim financial information is unaudited, and reflects all normal adjustments that
are, in our opinion, necessary to provide a fair statement of results for the interim periods
presented. This report should be read in conjunction with the Consolidated Financial Statements
in our 2020 Form 10-K where we include additional information about our policies and the
methods and assumptions used in our estimates.
Operating Segments
Segment Reporting [Abstract]
Operating Segments
6 Months Ended
Jun. 26, 2021
Note 2 : Operating Segments We manage our business through the following operating segments:
▪ CCG ▪ DCG ▪ IOTG ▪ Mobileye ▪ NSG ▪ PSG We derive a substantial majority of our revenue from
platform products, which are our principal products and considered as one product class. We offer
platform products that incorporate various components and technologies, including a
microprocessor and chipset, a stand-alone SoC, or a multichip package. Platform products are
used in various form factors across our CCG, DCG, and IOTG operating segments. Our non-
platform, or adjacent products, can be combined with platform products to form comprehensive
platform solutions to meet customer needs. CCG and DCG are our reportable operating segments.
IOTG, Mobileye, NSG, and PSG do not meet the quantitative thresholds to qualify as reportable
operating segments; however, we have elected to disclose the results of these non-reportable
operating segments. Our Internet of Things portfolio, presented as Internet of Things, is comprised
of IOTG and Mobileye operating segments. In 2021, our DCG operating segment includes the
results of our Intel ® Optane TM memory business, and our NSG operating segment is composed
of our NAND memory business. Refer to "Note 8: Acquisitions and Divestitures" within Notes to
Consolidated Condensed Financial Statements for further information on the pending divestiture
of our NAND memory business. We have an “all other” category that includes revenue, expenses,
and charges such as: ▪ results of operations from non-reportable segments not otherwise
presented; ▪ historical results of operations from divested businesses; ▪ results of operations of
start-up businesses that support our initiatives, including our foundry business; ▪ amounts
included within restructuring and other charges; ▪ a portion of employee benefits, compensation,
and other expenses not allocated to the operating segments; and ▪ acquisition-related costs,
including amortization and any impairment of acquisition-related intangibles and goodwill. The
CODM, who is our CEO, does not evaluate operating segments using discrete asset information.
Operating segments do not record inter-segment revenue. We do not allocate gains and losses
from equity investments, interest and other income, or taxes to operating segments. Although the
CODM uses operating income to evaluate the segments, operating costs included in one segment
may benefit other segments. The accounting policies for segment reporting are the same as for
Intel as a whole. Net revenue and operating income (loss) for each period were as follows: Three
Months Ended Six Months Ended (In Millions) Jun 26, 2021 Jun 27, 2020 Jun 26, 2021 Jun 27, 2020
Net revenue: Client Computing Group Platform $ 9,397 $ 8,229 $ 19,014 $ 16,941 Adjacent 712
1,267 1,700 2,330 10,109 9,496 20,714 19,271 Data Center Group Platform 5,703 6,181 10,514
12,608 Adjacent 752 936 1,505 1,502 6,455 7,117 12,019 14,110 Internet of Things IOTG 984 670
1,898 1,553 Mobileye 327 146 704 400 1,311 816 2,602 1,953 Non-Volatile Memory Solutions
Group 1,098 1,659 2,205 2,997 Programmable Solutions Group 486 501 972 1,020 All other 172
139 792 205 Total net revenue $ 19,631 $ 19,728 $ 39,304 $ 39,556 Operating income (loss):
Client Computing Group $ 3,760 $ 2,842 $ 7,880 $ 7,067 Data Center Group 1,941 3,099 3,214
6,591 Internet of Things IOTG 287 70 499 313 Mobileye 109 (4) 256 84 396 66 755 397 Non-
Earnings Per Share
Earnings Per Share [Abstract]
Earnings Per Share
6 Months Ended
Jun. 26, 2021
Note 3 : Earnings Per Share We computed basic earnings per share of common stock based on the
weighted average number of shares of common stock outstanding during the period. We
computed diluted earnings per share of common stock based on the weighted average number of
shares of common stock outstanding plus potentially dilutive shares of common stock outstanding
during the period. Three Months Ended Six Months Ended (In Millions, Except Per Share Amounts)
Jun 26, 2021 Jun 27, 2020 Jun 26, 2021 Jun 27, 2020 Net income available to common
stockholders $ 5,061 $ 5,105 $ 8,422 $ 10,766 Weighted average shares of common stock
outstanding—basic 4,049 4,246 4,053 4,256 Dilutive effect of employee equity incentive plans 35
38 37 42 Weighted average shares of common stock outstanding—diluted 4,084 4,284 4,090
4,298 Earnings per share—basic $ 1.25 $ 1.20 $ 2.08 $ 2.53 Earnings per share—diluted $ 1.24 $
1.19 $ 2.06 $ 2.50 Potentially dilutive shares of common stock from employee equity incentive
plans are determined by applying the treasury stock method to the assumed exercise of
outstanding stock options, the assumed vesting of outstanding RSUs, and the assumed issuance of
common stock under the stock purchase plan.
Revenue from Contract with Customer [Abstract]
6 Months Ended
Jun. 26, 2021
Note 4 : Contract Liabilities Contract liabilities consist of prepayments received from customers on
long-term prepaid supply agreements toward future product delivery and other revenue deferrals
from regular ongoing business activity. Contract liabilities were $349 million as of June 26, 2021
($1.9 billion as of December 26, 2020). The following table shows the changes in contract liability
balances relating to long-term prepaid supply agreements during the first six months of 2021: (In
Millions) Prepaid supply agreements balance as of December 26, 2020 $ 1,625 Concession
payment (950) Prepaids utilized (621) Prepaid supply agreements balance as of June 26, 2021 $ 54
Other Financial Statement Details
Other Financial Statement Details [Abstract]
Other Financial Statement Details
6 Months Ended
Jun. 26, 2021
Note 5 : Other Financial Statement Details Inventories (In Millions) Jun 26, 2021 Dec 26, 2020 Raw
materials $ 1,010 $ 908 Work in process 5,968 5,693 Finished goods 1,839 1,826 Total inventories
$ 8,817 $ 8,427 Interest and Other, Net Three Months Ended Six Months Ended (In Millions) Jun
26, 2021 Jun 27, 2020 Jun 26, 2021 Jun 27, 2020 Interest income $ 37 $ 83 $ 74 $ 176 Interest
expense (129) (186) (319) (321) Other, net (4) 74 (7) (197) Total interest and other, net $ (96) $
(29) $ (252) $ (342) Interest expense in the preceding table is net of $96 million of interest
capitalized in the second quarter of 2021 and $193 million in the first six months of 2021 ($87
million in the second quarter of 2020 and $170 million in the first six months of 2020).
Restructuring and Other Charges
Restructuring and Related Activities [Abstract]
Restructuring and Other Charges
6 Months Ended
Jun. 26, 2021
Note 6 : Restructuring and Other Charges A restructuring program, which is ongoing, was
approved in the first quarter of 2020 to further align our workforce with our continuing
investments in the business and to execute the planned divestiture of Home Gateway Platform, a
division of CCG. These actions are expected to be substantially completed in 2021. Three Months
Ended Six Months Ended (In Millions) Jun 26, 2021 Jun 27, 2020 Jun 26, 2021 Jun 27, 2020
Employee severance and benefit arrangements $ 15 $ 1 $ 22 $ 106 Litigation charges and other 49
— 2,251 57 Asset impairment charges 282 8 282 8 Total restructuring and other charges $ 346 $ 9
$ 2,555 $ 171 Litigation charges and other includes a charge of $2.2 billion in the first quarter of
2021 related to the VLSI litigation, which is recorded as a Corporate charge in the "all other"
category presented in "Note 2: Operating Segments" within Notes to Consolidated Condensed
Financial Statements. Refer to "Note 13: Contingencies" within Notes to Consolidated Condensed
Financial Statements for further information on legal proceedings related to the VLSI litigation.
Asset impairment charges includes impairments related to the shutdown in the second quarter of
2021 of two of our non-strategic businesses, the results of which are included in the “all other”
category presented in “Note 2: Operating Segments” within Notes to Consolidated Condensed
Financial Statements. The goodwill related to these businesses was impaired, resulting in a charge
of $237 million recognized in the “all other” category along with other impairment charges related
to these businesses.
Investments
Investments and Cash [Abstract]
Investments
6 Months Ended
Jun. 26, 2021
Note 7 : Investments Debt Investments Trading Assets For trading assets still held at the reporting
date we recorded net gains of $2 million in the second quarter of 2021 and net losses of $226
million in the first six months of 2021 ($347 million of net gains in the second quarter of 2020 and
$183 million of net gains in the first six months of 2020). Net gains on the related derivatives were
$23 million in the second quarter of 2021 and net gains of $245 million in the first six months of
2021 ($251 million of net losses in the second quarter of 2020 and $204 million of net losses in the
first six months of 2020). Available-for-Sale Debt Investments Available-for-sale investments
include corporate debt, government debt, and financial institution instruments. Government debt
includes instruments such as non-U.S. government bonds and U.S. agency securities. Financial
institution instruments include instruments issued or managed by financial institutions in various
forms, such as commercial paper, fixed- and floating-rate bonds, money market fund deposits,
and time deposits. As of June 26, 2021 and December 26, 2020, substantially all time deposits
were issued by institutions outside the U.S. T he adjusted cost of our available-for-sale
investments was $6.8 billion as of June 26, 2021 and $7.8 billion as of December 26, 2020. The
adjusted cost of our available-for-sale investments approximated the fair value for these periods.
The fair value of available-for-sale debt investments, by contractual maturity, as of June 26, 2021,
was as follows: (In Millions) Fair Value Due in 1 year or less $ 4,826 Due in 1–2 years 247 Due in 2–
5 years 1,015 Due after 5 years — Instruments not due at a single maturity date 829 Total $ 6,917
Equity Investments (In Millions) Jun 26, 2021 Dec 26, 2020 Marketable equity securities $ 1,615 $
1,830 Non-marketable equity securities 4,023 3,304 Equity method investments 17 18 Total $
5,655 $ 5,152 The components of gains (losses) on equity investments, net for each period were
as follows: Three Months Ended Six Months Ended (In Millions) Jun 26, 2021 Jun 27, 2020 Jun 26,
2021 Jun 27, 2020 Ongoing mark-to-market adjustments on marketable equity securities $ 138 $
165 $ (153) $ 62 Observable price adjustments on non-marketable equity securities 72 58 623 137
Impairment charges (35) (51) (73) (193) Sale of equity investments and other¹ 120 95 266 150
Total gains (losses) on equity investments, net $ 295 $ 267 $ 663 $ 156 1 Sale of equity
investments and other includes realized gains (losses) on sales of non-marketable equity
investments, our share of equity method investees' gains (losses) and distributions, and initial fair
value adjustments recorded upon a security becoming marketable. Gains and losses for our
marketable and non-marketable equity securities for each period were as follows: Three Months
Ended Six Months Ended (In Millions) Jun 26, 2021 Jun 27, 2020 Jun 26, 2021 Jun 27, 2020 Net
gains (losses) recognized during the period on equity securities $ 226 $ 223 $ 537 $ 83 Less: Net
(gains) losses recognized during the period on equity securities sold during the period (26) (55)
(125) (58) Unrealized gains (losses) recognized during the reporting period on equity securities still
held at the reporting date $ 200 $ 168 $ 412 $ 25 Beijing Unisoc Technology Ltd. We account for
our interest in Beijing Unisoc Technology Ltd. (Unisoc) as a non-marketable equity security. In the
first quarter of 2021, we recognized $471 million in observable price adjustments in our
Acquisitions and Divestitures
Business Combinations [Abstract]
Acquisitions and Divestitures
6 Months Ended
Jun. 26, 2021
Note 8 : Acquisitions and Divestitures Acquisitions On May 4, 2020, we acquired Moovit, a MaaS
solutions company , for total consideration of $915 million. The fair values of the assets acquired
relate to goodwill of $638 million and intangible assets of $331 million . The goodwill arising from
the acquisition is attributed to the expected synergies and other benefits that will be generated
from the combination of Intel and Moovit . S ubstantially all of the goodwill will not be deductible
for local tax purposes. The acquisition-related intangible assets are primarily related to Moovit's
monthly active user base and application platform . The goodwill and operating results of Moovit
are included in our Mobileye operating segment. Divestitures NAND Memory Business On October
19, 2020, we signed an agreement with SK hynix Inc. (SK hynix) to divest our NAND memory
business, including our NAND memory fabrication facility in Dalian, China and certain related
equipment and tangible assets (the Fab Assets), our NAND SSD business (the NAND SSD Business),
and our NAND memory technology and manufacturing business (the NAND OpCo Business). Our
Intel ® Optane™ memory business is expressly excluded from the transaction. The transaction will
occur over two closings for total consideration of $9.0 billion in cash, of which $7.0 billion will be
received upon initial closing, not to occur prior to November 1, 2021, and the remaining $2.0
billion will be received no earlier than March 2025. The consummations of the first closing and the
second closing are subject to customary conditions, including the receipt of certain governmental
approvals. At the first closing, Intel will sell to SK hynix the Fab Assets and the NAND SSD Business,
and SK hynix will assume from Intel certain liabilities related to the Fab Assets and the NAND SSD
Business. In connection with the first closing, we and certain affiliates of SK hynix will also enter
into a NAND wafer manufacturing and sale agreement pursuant to which we will manufacture and
sell to SK hynix NAND memory wafers to be manufactured using the Fab Assets in Dalian, China,
until the second closing. We will transfer certain employees, IP, and other assets related to the
NAND OpCo Business to separately created, wholly owned subsidiaries of Intel at the first closing.
The equity interest of these wholly owned subsidiaries will transfer to SK hynix at the second
closing. We have concluded based on the terms of the transaction agreements that the
subsidiaries will be variable interest entities for which we are not the primary beneficiary, and
accordingly will deconsolidate at the first closing. The carrying amounts of the major classes of
NAND assets held for sale included the following: (In Millions) Jun 26, 2021 Dec 26, 2020
Inventories $ 699 $ 962 Property, plant and equipment, net 5,118 4,363 Total assets held for sale
$ 5,817 $ 5,325 We ceased recording depreciation on property, plant and equipment as of the
date the assets triggered held for sale accounting. Total capital purchases of approximately $1.8
billion expected in 2021 prior to the first closing will be classified as assets held for sale in the
Consolidated Condensed Balance Sheets and within additions to held for sale NAND property,
plant and equipment on the Consolidated Condensed Statements of Cash Flows.
Borrowings
Debt Disclosure [Abstract]
Borrowings
6 Months Ended
Jun. 26, 2021
Note 9 : Borrowings In the second quarter of 2021, we settled $500 million of our senior notes due
May 2021. In the first quarter of 2021, we entered into a $5.0 billion variable-rate revolving credit
facility which, if drawn, is expected to be used for general corporate purposes. The revolving
credit facility matures in March 2026 and had no borrowings outstanding as of June 26, 2021. We
have an ongoing authorization from our Board of Directors to borrow up to $10.0 billion under our
commercial paper program. Our senior floating rate notes pay interest quarterly and our senior
fixed rate notes pay interest semiannually. We may redeem the fixed rate notes prior to their
maturity at our option at specified redemption prices and subject to certain restrictions. The
obligations under our notes rank equally in right of payment with all of our other existing and
future senior unsecured indebtedness and effectively rank junior to all liabilities of our
subsidiaries.
Fair Value
Fair Value Disclosures [Abstract]
Fair Value
6 Months Ended
Jun. 26, 2021
Note 10 : Fair Value Assets and Liabilities Measured and Recorded at Fair Value on a Recurring
Basis Jun 26, 2021 Dec 26, 2020 Fair Value Measured and Recorded at Reporting Date Using Fair
Value Measured and Recorded at Reporting Date Using (In Millions) Level 1 Level 2 Level 3 Total
Level 1 Level 2 Level 3 Total Assets Cash equivalents: Corporate debt $ — $ 648 $ — $ 648 $ — $
50 $ — $ 50 Financial institution instruments¹ 829 1,064 — 1,893 2,781 636 — 3,417 Government
debt² — 100 — 100 — — — — Reverse repurchase agreements — 1,350 — 1,350 — 1,900 —
1,900 Short-term investments: Corporate debt — 960 — 960 — 428 — 428 Financial institution
instruments¹ — 1,484 — 1,484 — 1,179 — 1,179 Government debt² — 570 — 570 — 685 — 685
Trading assets: Corporate debt — 4,537 — 4,537 — 3,815 — 3,815 Financial institution
instruments¹ 218 3,568 — 3,786 131 2,847 — 2,978 Government debt² — 8,774 — 8,774 — 8,945
— 8,945 Other current assets: Derivative assets 39 300 — 339 48 644 — 692 Loans receivable³ —
213 — 213 — 439 — 439 Marketable equity securities 90 1,525 — 1,615 136 1,694 — 1,830 Other
long-term investments: Corporate debt — 892 — 892 — 1,520 — 1,520 Financial institution
instruments¹ — 216 — 216 — 257 — 257 Government debt² — 154 — 154 — 415 — 415 Other
long-term assets: Derivative assets — 1,029 16 1,045 — 1,520 30 1,550 Loans receivable³
— — — — — 157 — 157 Total assets measured and recorded at fair value $ 1,176 $ 27,384 $ 16 $
28,576 $ 3,096 $ 27,131 $ 30 $ 30,257 Liabilities Other accrued liabilities: Derivative liabilities $ 5 $
613 $ — $ 618 $ — $ 810 $ — $ 810 Other long-term liabilities: Derivative liabilities — 4 — 4 — 5
— 5 Total liabilities measured and recorded at fair value $ 5 $ 617 $ — $ 622 $ — $ 815 $ — $ 815
1 Level 1 investments consist of money market funds. Level 2 investments consist primarily of
commercial paper, certificates of deposit, time deposits, and notes and bonds issued by financial
institutions. 2 Level 2 investments consist primarily of U.S. agency notes and non-U.S. government
debt. 3 The fair value of our loans receivable for which we elected the fair value option did not
significantly differ from the contractual principal balance. Assets Measured and Recorded at Fair
Value on a Non-Recurring Basis Our non-marketable equity securities, equity method investments,
and certain non-financial assets, such as intangible assets and property, plant and equipment, are
recorded at fair value only if an impairment or observable price adjustment is recognized in the
current period. If an observable price adjustment or impairment is recognized on our non-
marketable equity securities during the period, we classify these assets as Level 3. Financial
Instruments Not Recorded at Fair Value on a Recurring Basis Financial instruments not recorded at
fair value on a recurring basis include non-marketable equity securities and equity method
investments that have not been remeasured or impaired in the current period, grants receivable,
and issued debt. We classify the fair value of grants receivable as Level 2. The estimated fair value
of these financial instruments approximates their carrying value. The aggregate carrying value of
grants receivable as of June 26, 2021 was $260 million (the aggregate carrying value of grants
receivable as of December 26, 2020 was $139 million).
Other Comprehensive Income (Loss)
Equity [Abstract]
Other Comprehensive Income (Loss)
6 Months Ended
Jun. 26, 2021
Note 11 : Other Comprehensive Income (Loss) The changes in accumulated other comprehensive
income (loss) by component and related tax effects in the first six months of 2021 were as follows:
(In Millions) Unrealized Holding Gains (Losses) on Derivatives Actuarial Valuation and Other
Pension Expenses Translation Adjustments and Other Total Balance as of December 26, 2020 $
731 $ (1,565) $ 83 $ (751) Other comprehensive income (loss) before reclassifications (285) 3 (32)
(314) Amounts reclassified out of accumulated other comprehensive income (loss) (161) 31 —
(130) Tax effects 102 (9) 7 100 Other comprehensive income (loss) (344) 25 (25) (344) Balance as
of June 26, 2021 $ 387 $ (1,540) $ 58 $ (1,095)
Derivative Financial Instruments
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Derivative Financial Instruments
6 Months Ended
Jun. 26, 2021
Note 12 : Derivative Financial Instruments Volume of Derivative Activity Total gross notional
amounts for outstanding derivatives at the end of each period were as follows: (In Millions) Jun
26, 2021 Dec 26, 2020 Foreign currency contracts $ 30,726 $ 31,209 Interest rate contracts 14,652
14,461 Other 2,274 2,026 Total $ 47,652 $ 47,696 Fair Value of Derivative Instruments Jun 26,
2021 Dec 26, 2020 (In Millions) Assets 1 Liabilities 2 Assets 1 Liabilities 2 Derivatives designated as
hedging instruments: Foreign currency contracts 3 $ 143 $ 95 $ 551 $ 2 Interest rate contracts
1,021 — 1,498 — Total derivatives designated as hedging instruments 1,164 95 2,049 2
Derivatives not designated as hedging instruments: Foreign currency contracts 3 173 428 142 685
Interest rate contracts 8 94 3 128 Equity contracts 39 5 48 — Total derivatives not designated as
hedging instruments 220 527 193 813 Total derivatives $ 1,384 $ 622 $ 2,242 $ 815 1 Derivative
assets are recorded as other assets, current and non-current. 2 Derivative liabilities are recorded
as other liabilities, current and non-current. 3 The majority of these instruments mature within 12
months. Amounts Offset in the Consolidated Condensed Balance Sheets The gross amounts of our
derivative instruments and reverse repurchase agreements subject to master netting
arrangements with various counterparties, and cash and non-cash collateral posted under such
agreements at the end of each period were as follows: Jun 26, 2021 Gross Amounts Not Offset in
the Balance Sheet (In Millions) Gross Amounts Recognized Gross Amounts Offset in the Balance
Sheet Net Amounts Presented in the Balance Sheet Financial Instruments Cash and Non-Cash
Collateral Received or Pledged Net Amount Assets: Derivative assets subject to master netting
arrangements $ 1,378 $ 1,378 $ (343) $ (1,033) $ 2 Reverse repurchase agreements 1,350 — 1,350
— (1,350) — Total assets 2,728 — 2,728 (343) (2,383) 2 Liabilities: Derivative liabilities subject to
master netting arrangements 495 — 495 (343) (152) — Total liabilities $ 495 $ — $ 495 $ (343) $
(152) $ — Dec 26, 2020 Gross Amounts Not Offset in the Balance Sheet (In Millions) Gross
Amounts Recognized Gross Amounts Offset in the Balance Sheet Net Amounts Presented in the
Balance Sheet Financial Instruments Cash and Non-Cash Collateral Received or Pledged Net
Amount Assets: Derivative assets subject to master netting arrangements $ 2,235 $ — $ 2,235 $
(264) $ (1,904) $ 67 Reverse repurchase agreements 1,900 — 1,900 — (1,900) — Total assets
4,135 — 4,135 (264) (3,804) 67 Liabilities: Derivative liabilities subject to master netting
arrangements 711 — 711 (264) (447) — Total liabilities $ 711 $ — $ 711 $ (264) $ (447) $ — We
obtain and secure available collateral from counterparties against obligations, including securities
lending transactions and reverse repurchase agreements, when we deem it appropriate.
Derivatives in Cash Flow Hedging Relationships The before-tax net gains or losses attributed to
cash flow hedges, recognized in other comprehensive income (loss), were $49 million net gains in
the second quarter of 2021 and $285 million net losses in the first six months of 2021 ($392
million net gains in the second quarter of 2020 and $19 million net gains in the first six months of
2020). Substantially all of our cash flow hedges were foreign currency contracts for all periods
presented. During the first six months of 2021 and 2020, the amounts excluded from effectiveness
Contingencies
Commitments and Contingencies Disclosure [Abstract]
Contingencies
6 Months Ended
Jun. 26, 2021
Note 13 : Contingencies Legal Proceedings We are a party to various legal proceedings, including
those noted in this section. In the first quarter of 2021, we accrued a charge of $2.2 billion related
to litigation involving VLSI, described below. Excluding this charge, management at present
believes that the ultimate outcome of these proceedings, individually and in the aggregate, will
not materially harm our financial position, results of operations, cash flows, or overall trends;
however, legal proceedings and related government investigations are subject to inherent
uncertainties, and unfavorable rulings or other events could occur. Unfavorable resolutions could
include substantial monetary damages. In addition, in matters for which injunctive relief or other
conduct remedies are sought, unfavorable resolutions could include an injunction or other order
prohibiting us from selling one or more products at all or in particular ways, precluding particular
business practices, or requiring other remedies. An unfavorable outcome may result in a material
adverse impact on our business, results of operations, financial position, and overall trends. We
might also conclude that settling one or more such matters is in the best interests of our
stockholders, employees, and customers, and any such settlement could include substantial
payments. Except as specifically described below, we have not concluded that settlement of any
of the legal proceedings noted in this section is appropriate at this time. European Commission
Competition Matter In 2001, the EC commenced an investigation regarding claims by Advanced
Micro Devices, Inc. (AMD) that we used unfair business practices to persuade customers to buy
our microprocessors. We received numerous requests for information and documents from the EC
and we responded to each of those requests. The EC issued a Statement of Objections in July 2007
and held a hearing on that Statement in March 2008. The EC issued a Supplemental Statement of
Objections in July 2008. In May 2009, the EC issued a decision finding that we had violated Article
82 of the EC Treaty and Article 54 of the European Economic Area Agreement. In general, the EC
found that we violated Article 82 (later renumbered as Article 102 by a new treaty) by offering
alleged "conditional rebates and payments" that required our customers to purchase all or most
of their x86 microprocessors from us. The EC also found that we violated Article 82 by making
alleged "payments to prevent sales of specific rival products." The EC imposed a fine in the
amount of €1.1 billion ($1.4 billion as of May 2009), which we subsequently paid during the third
quarter of 2009, and ordered us to "immediately bring to an end the infringement referred to in"
the EC decision. The EC decision contained no specific direction on whether or how we should
modify our business practices. Instead, the decision stated that we should "cease and desist" from
further conduct that, in the EC's opinion, would violate applicable law. We took steps, which are
subject to the EC's ongoing review, to comply with that decision pending appeal. We had
discussions with the EC to better understand the decision and to explain changes to our business
practices. We appealed the EC decision to the Court of First Instance (which has been renamed
the General Court) in July 2009. The hearing of our appeal took place in July 2012. In June 2014,
the General Court rejected our appeal in its entirety. In August 2014, we filed an appeal with the
Operating Segments (Tables)
Segment Reporting [Abstract]
Schedule of Segment Reporting Information, by Segment [Table Text Block]
Revenue from External Customers by Products and Services [Table Text Block]
6 Months Ended
Jun. 26, 2021
Net revenue and operating income (loss) for each period were as follows: Three Months Ended Six
Months Ended (In Millions) Jun 26, 2021 Jun 27, 2020 Jun 26, 2021 Jun 27, 2020 Net revenue:
Client Computing Group Platform $ 9,397 $ 8,229 $ 19,014 $ 16,941 Adjacent 712 1,267 1,700
2,330 10,109 9,496 20,714 19,271 Data Center Group Platform 5,703 6,181 10,514 12,608
Adjacent 752 936 1,505 1,502 6,455 7,117 12,019 14,110 Internet of Things IOTG 984 670 1,898
1,553 Mobileye 327 146 704 400 1,311 816 2,602 1,953 Non-Volatile Memory Solutions Group
1,098 1,659 2,205 2,997 Programmable Solutions Group 486 501 972 1,020 All other 172 139 792
205 Total net revenue $ 19,631 $ 19,728 $ 39,304 $ 39,556 Operating income (loss): Client
Computing Group $ 3,760 $ 2,842 $ 7,880 $ 7,067 Data Center Group 1,941 3,099 3,214 6,591
Internet of Things IOTG 287 70 499 313 Mobileye 109 (4) 256 84 396 66 755 397 Non-Volatile
Memory Solutions Group 402 322 573 256 Programmable Solutions Group 82 80 170 177 All other
(1,035) (712) (3,352) (1,753) Total operating income $ 5,546 $ 5,697 $ 9,240 $ 12,735
Disaggregated net revenue for each period was as follows: Three Months Ended Six Months Ended
(In Millions) Jun 26, 2021 Jun 27, 2020 Jun 26, 2021 Jun 27, 2020 Platform revenue CCG desktop
platform $ 2,635 $ 2,368 $ 5,279 $ 5,208 CCG notebook platform 6,743 5,844 13,702 11,701 CCG
other platform 1 19 16 33 31 DCG platform 5,703 6,181 10,514 12,608 IOTG platform 891 619
1,731 1,414 15,991 15,028 31,259 30,962 Adjacent revenue 2 3,640 4,700 8,045 8,594 Total
revenue $ 19,631 $ 19,728 $ 39,304 $ 39,556 1 Includes our tablet and service provider revenue. 2
Includes all of our non-platform products for CCG, DCG, and IOTG such as modem, Ethernet, and
silicon photonics, as well as Mobileye, NSG, and PSG products, as well as revenue included in our
"all other" category.
Earnings Per Share (Tables)
Schedule of Earnings Per Share, Basic and Diluted [Table Text Block]
6 Months Ended
Jun. 26, 2021
Three Months Ended Six Months Ended (In Millions, Except Per Share Amounts) Jun 26, 2021 Jun
27, 2020 Jun 26, 2021 Jun 27, 2020 Net income available to common stockholders $ 5,061 $ 5,105
$ 8,422 $ 10,766 Weighted average shares of common stock outstanding—basic 4,049 4,246 4,053
4,256 Dilutive effect of employee equity incentive plans 35 38 37 42 Weighted average shares of
common stock outstanding—diluted 4,084 4,284 4,090 4,298 Earnings per share—basic $ 1.25 $
1.20 $ 2.08 $ 2.53 Earnings per share—diluted $ 1.24 $ 1.19 $ 2.06 $ 2.50
Contract Liabilities (Tables)
Revenue from Contract with Customer [Abstract]
Contract with Customer, Asset and Liability [Table Text Block]
6 Months Ended
Jun. 26, 2021
The following table shows the changes in contract liability balances relating to long-term prepaid
supply agreements during the first six months of 2021: (In Millions) Prepaid supply agreements
balance as of December 26, 2020 $ 1,625 Concession payment (950) Prepaids utilized (621)
Prepaid supply agreements balance as of June 26, 2021 $ 54
Other Financial Statement Details (Tables)
Other Financial Statement Details [Abstract]
Schedule of Inventory, Current [Table Text Block]
Interest and Other, Net [Table Text Block]

6 Months Ended
Jun. 26, 2021
(In Millions) Jun 26, 2021 Dec 26, 2020 Raw materials $ 1,010 $ 908 Work in process 5,968 5,693
Finished goods 1,839 1,826 Total inventories $ 8,817 $ 8,427
Three Months Ended Six Months Ended (In Millions) Jun 26, 2021 Jun 27, 2020 Jun 26, 2021 Jun
27, 2020 Interest income $ 37 $ 83 $ 74 $ 176 Interest expense (129) (186) (319) (321) Other, net
(4) 74 (7) (197) Total interest and other, net $ (96) $ (29) $ (252) $ (342)
Restructuring and Other Charges (Tables)
Schedule of Restructuring and Other Charges
6 Months Ended
Jun. 26, 2021
27, 2020 Employee severance and benefit arrangements $ 15 $ 1 $ 22 $ 106 Litigation charges and
other 49 — 2,251 57 Asset impairment charges 282 8 282 8 Total restructuring and other charges
$ 346 $ 9 $ 2,555 $ 171
Investments (Tables)
Investments Classified by Contractual Maturity Date [Table Text Block]
Investment [Table Text Block]
Gain (Loss) on Securities [Table Text Block]

6 Months Ended
Jun. 26, 2021
The fair value of available-for-sale debt investments, by contractual maturity, as of June 26, 2021,
was as follows: (In Millions) Fair Value Due in 1 year or less $ 4,826 Due in 1–2 years 247 Due in 2–
5 years 1,015 Due after 5 years — Instruments not due at a single maturity date 829 Total $ 6,917
(In Millions) Jun 26, 2021 Dec 26, 2020 Marketable equity securities $ 1,615 $ 1,830 Non-
marketable equity securities 4,023 3,304 Equity method investments 17 18 Total $ 5,655 $ 5,152
The components of gains (losses) on equity investments, net for each period were as follows:
27, 2020 Ongoing mark-to-market adjustments on marketable equity securities $ 138 $ 165 $
(153) $ 62 Observable price adjustments on non-marketable equity securities 72 58 623 137
Impairment charges (35) (51) (73) (193) Sale of equity investments and other¹ 120 95 266 150
Total gains (losses) on equity investments, net $ 295 $ 267 $ 663 $ 156 1 Sale of equity
investments and other includes realized gains (losses) on sales of non-marketable equity
investments, our share of equity method investees' gains (losses) and distributions, and initial fair
value adjustments recorded upon a security becoming marketable. Gains and losses for our
marketable and non-marketable equity securities for each period were as follows: Three Months
Ended Six Months Ended (In Millions) Jun 26, 2021 Jun 27, 2020 Jun 26, 2021 Jun 27, 2020 Net
gains (losses) recognized during the period on equity securities $ 226 $ 223 $ 537 $ 83 Less: Net
(gains) losses recognized during the period on equity securities sold during the period (26) (55)
(125) (58) Unrealized gains (losses) recognized during the reporting period on equity securities still
held at the reporting date $ 200 $ 168 $ 412 $ 25
Acquisitions and Divestitures (Tables)
Disposal Groups, Including Discontinued Operations
6 Months Ended
Jun. 26, 2021
The carrying amounts of the major classes of NAND assets held for sale included the following: (In
Millions) Jun 26, 2021 Dec 26, 2020 Inventories $ 699 $ 962 Property, plant and equipment, net
5,118 4,363 Total assets held for sale $ 5,817 $ 5,325
Fair Value (Tables)
Fair Value Disclosures [Abstract]
Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis [Table Text Block]
6 Months Ended
Jun. 26, 2021
Assets and Liabilities Measured and Recorded at Fair Value on a Recurring Basis Jun 26, 2021 Dec
26, 2020 Fair Value Measured and Recorded at Reporting Date Using Fair Value Measured and
Recorded at Reporting Date Using (In Millions) Level 1 Level 2 Level 3 Total Level 1 Level 2 Level 3
Total Assets Cash equivalents: Corporate debt $ — $ 648 $ — $ 648 $ — $ 50 $ — $ 50 Financial
institution instruments¹ 829 1,064 — 1,893 2,781 636 — 3,417 Government debt² — 100 — 100 —
— — — Reverse repurchase agreements — 1,350 — 1,350 — 1,900 — 1,900 Short-term
investments: Corporate debt — 960 — 960 — 428 — 428 Financial institution instruments¹ —
1,484 — 1,484 — 1,179 — 1,179 Government debt² — 570 — 570 — 685 — 685 Trading assets:
Corporate debt — 4,537 — 4,537 — 3,815 — 3,815 Financial institution instruments¹ 218 3,568 —
3,786 131 2,847 — 2,978 Government debt² — 8,774 — 8,774 — 8,945 — 8,945 Other current
assets: Derivative assets 39 300 — 339 48 644 — 692 Loans receivable³ — 213 — 213 — 439 —
439 Marketable equity securities 90 1,525 — 1,615 136 1,694 — 1,830 Other long-term
investments: Corporate debt — 892 — 892 — 1,520 — 1,520 Financial institution instruments¹ —
216 — 216 — 257 — 257 Government debt² — 154 — 154 — 415 — 415 Other long-term assets:
Derivative assets — 1,029 16 1,045 — 1,520 30 1,550 Loans receivable³ — — — — — 157 — 157
Total assets measured and recorded at fair value $ 1,176 $ 27,384 $ 16 $ 28,576 $ 3,096 $ 27,131
$ 30 $ 30,257 Liabilities Other accrued liabilities: Derivative liabilities $ 5 $ 613 $ — $ 618 $ — $
810 $ — $ 810 Other long-term liabilities: Derivative liabilities — 4 — 4 — 5 — 5 Total liabilities
measured and recorded at fair value $ 5 $ 617 $ — $ 622 $ — $ 815 $ — $ 815 1 Level 1
investments consist of money market funds. Level 2 investments consist primarily of commercial
paper, certificates of deposit, time deposits, and notes and bonds issued by financial institutions. 2
Level 2 investments consist primarily of U.S. agency notes and non-U.S. government debt. 3 The
fair value of our loans receivable for which we elected the fair value option did not significantly
differ from the contractual principal balance.
Other Comprehensive Income (Loss) (Tables)
Equity [Abstract]
Schedule of Accumulated Other Comprehensive Income (Loss) [Table Text Block]
6 Months Ended
Jun. 26, 2021
The changes in accumulated other comprehensive income (loss) by component and related tax
effects in the first six months of 2021 were as follows: (In Millions) Unrealized Holding Gains
(Losses) on Derivatives Actuarial Valuation and Other Pension Expenses Translation Adjustments
and Other Total Balance as of December 26, 2020 $ 731 $ (1,565) $ 83 $ (751) Other
comprehensive income (loss) before reclassifications (285) 3 (32) (314) Amounts reclassified out of
accumulated other comprehensive income (loss) (161) 31 — (130) Tax effects 102 (9) 7 100 Other
comprehensive income (loss) (344) 25 (25) (344) Balance as of June 26, 2021 $ 387 $ (1,540) $ 58 $
(1,095)
Derivative Financial Instruments (Tables)
Derivative [Line Items]
Schedule of Notional Amounts of Outstanding Derivative Positions [Table Text Block]
Schedule of Derivative Instruments in Statement of Financial Position, Fair Value [Table Text Block]
Offsetting Assets [Table Text Block]

Offsetting Liabilities [Table Text Block]
Not Designated as Hedging Instrument [Member]

Schedule of Derivative Instruments, Gain (Loss) in Statement of Financial Performance [Table Text
Block]
Interest and other, net [Member] | Fair Value Hedging

Schedule of Derivative Instruments, Gain (Loss) in Statement of Financial Performance [Table Text
Block]
6 Months Ended
Jun. 26, 2021
Total gross notional amounts for outstanding derivatives at the end of each period were as
follows: (In Millions) Jun 26, 2021 Dec 26, 2020 Foreign currency contracts $ 30,726 $ 31,209
Interest rate contracts 14,652 14,461 Other 2,274 2,026 Total $ 47,652 $ 47,696
Fair Value of Derivative Instruments Jun 26, 2021 Dec 26, 2020 (In Millions) Assets 1 Liabilities 2
Assets 1 Liabilities 2 Derivatives designated as hedging instruments: Foreign currency contracts 3 $
143 $ 95 $ 551 $ 2 Interest rate contracts 1,021 — 1,498 — Total derivatives designated as
hedging instruments 1,164 95 2,049 2 Derivatives not designated as hedging instruments: Foreign
currency contracts 3 173 428 142 685 Interest rate contracts 8 94 3 128 Equity contracts 39 5 48
— Total derivatives not designated as hedging instruments 220 527 193 813 Total derivatives $
1,384 $ 622 $ 2,242 $ 815 1 Derivative assets are recorded as other assets, current and non-
current. 2 Derivative liabilities are recorded as other liabilities, current and non-current. 3 The
majority of these instruments mature within 12 months. The amounts recorded on the
Consolidated Condensed Balance Sheets related to cumulative basis adjustments for fair value
hedges for each period were as follows: Line Item in the Consolidated Condensed Balance Sheet in
Which the Hedged Item is Included Carrying Amount of the Hedged Item Asset/(Liabilities)
Cumulative Amount of Fair Value Hedging Adjustment Included in the Carrying Amount
Assets/(Liabilities) (In Millions) Jun 26, 2021 Dec 26, 2020 Jun 26, 2021 Dec 26, 2020 Long-term
debt $ (13,018) $ (13,495) $ (1,021) $ (1,498)
The gross amounts of our derivative instruments and reverse repurchase agreements subject to
master netting arrangements with various counterparties, and cash and non-cash collateral posted
under such agreements at the end of each period were as follows: Jun 26, 2021 Gross Amounts
Not Offset in the Balance Sheet (In Millions) Gross Amounts Recognized Gross Amounts Offset in
the Balance Sheet Net Amounts Presented in the Balance Sheet Financial Instruments Cash and
Non-Cash Collateral Received or Pledged Net Amount Assets: Derivative assets subject to master
netting arrangements $ 1,378 $ 1,378 $ (343) $ (1,033) $ 2 Reverse repurchase agreements 1,350
— 1,350 — (1,350) — Total assets 2,728 — 2,728 (343) (2,383) 2 Liabilities: Derivative liabilities
subject to master netting arrangements 495 — 495 (343) (152) — Total liabilities $ 495 $ — $ 495
$ (343) $ (152) $ — Dec 26, 2020 Gross Amounts Not Offset in the Balance Sheet (In Millions)
Gross Amounts Recognized Gross Amounts Offset in the Balance Sheet Net Amounts Presented in
the Balance Sheet Financial Instruments Cash and Non-Cash Collateral Received or Pledged Net
arrangements 711 — 711 (264) (447) — Total liabilities $ 711 $ — $ 711 $ (264) $ (447) $ —
The gross amounts of our derivative instruments and reverse repurchase agreements subject to
master netting arrangements with various counterparties, and cash and non-cash collateral posted
under such agreements at the end of each period were as follows: Jun 26, 2021 Gross Amounts
Not Offset in the Balance Sheet (In Millions) Gross Amounts Recognized Gross Amounts Offset in
the Balance Sheet Net Amounts Presented in the Balance Sheet Financial Instruments Cash and
Non-Cash Collateral Received or Pledged Net Amount Assets: Derivative assets subject to master
netting arrangements $ 1,378 $ 1,378 $ (343) $ (1,033) $ 2 Reverse repurchase agreements 1,350
— 1,350 — (1,350) — Total assets 2,728 — 2,728 (343) (2,383) 2 Liabilities: Derivative liabilities
subject to master netting arrangements 495 — 495 (343) (152) — Total liabilities $ 495 $ — $ 495
$ (343) $ (152) $ — Dec 26, 2020 Gross Amounts Not Offset in the Balance Sheet (In Millions)
Gross Amounts Recognized Gross Amounts Offset in the Balance Sheet Net Amounts Presented in
the Balance Sheet Financial Instruments Cash and Non-Cash Collateral Received or Pledged Net
arrangements 711 — 711 (264) (447) — Total liabilities $ 711 $ — $ 711 $ (264) $ (447) $ —
The effects of derivative instruments not designated as hedging instruments on the Consolidated
Condensed Statements of Income for each period were as follows: Three Months Ended Six
Months Ended (In Millions) Location of Gains (Losses) Jun 26, 2021 Jun 27, 2020 Jun 26, 2021 Jun
27, 2020 Foreign currency contracts Interest and other, net $ (22) $ (216) $ 212 $ (62) Interest rate
contracts Interest and other, net (2) (14) 21 (91) Other Various 140 225 195 (43) Total $ 116 $ (5) $
428 $ (196)
The effects of derivative instruments designated as fair value hedges, recognized in interest and
other, net for each period were as follows: Gains (Losses) Recognized in Consolidated Condensed
Statements of Income on Derivatives Three Months Ended Six Months Ended (In Millions) Jun 26,
2021 Jun 27, 2020 Jun 26, 2021 Jun 27, 2020 Interest rate contracts $ 35 $ 78 $ (477) $ 1,032
Hedged items (35) (78) 477 (1,032) Total $ — $ — $ — $ —
3 Months Ended
Business Segments (Detail) - USD ($) $ in Millions
Jun. 26, 2021 Jun. 27, 2020
Segment Reporting Information [Line Items]
Net revenue $ 19,631 $ 19,728
Operating Income (Loss) 5,546 5,697
Platform
Net revenue 15,991 15,028
Adjacent revenue
Internet of Things [Member]
Net revenue 1,311 816
Operating Income (Loss) 396 66
Client Computing Group [Member]
Client Computing Group [Member] | Platform
Client Computing Group [Member] | Adjacent revenue
Net revenue 712 1,267
Data Center Group [Member]
Data Center Group [Member] | Adjacent revenue
Net revenue 752 936
Data Center Group [Member] | DCG platform
Internet of Things Group [Member]
Net revenue 984 670
Mobileye [Member]
Net revenue 327 146
Operating Income (Loss) 109 (4)
Non-Volatile Memory Solutions Group [Member]
Programmable Solutions Group [Member]
Net revenue 486 501
All other [Member]
Net revenue 172 139
Operating Income (Loss) $ (1,035) $ (712)
6 Months Ended
Jun. 26, 2021 Jun. 27, 2020
$ 39,304 $ 39,556
9,240 12,735
31,259 30,962
8,045 8,594
2,602 1,953
755 397
20,714 19,271
7,880 7,067
19,014 16,941
1,700 2,330
12,019 14,110
3,214 6,591
1,505 1,502
10,514 12,608
1,898 1,553
499 313
704 400
256 84
2,205 2,997
573 256
972 1,020
170 177
792 205
$ (3,352) $ (1,753)
3 Months Ended
Product Information (Detail) - USD ($) $ in Millions
Jun. 26, 2021 Jun. 27, 2020
Revenue from External Customer [Line Items]
Net revenue $ 19,631 $ 19,728
Desktop platform
Notebook platform
Other platform
Net revenue 19 16
IOTG platform
Net revenue 891 619
Platform
Adjacent revenue
Net revenue $ 3,640 $ 4,700
6 Months Ended
Jun. 26, 2021 Jun. 27, 2020
$ 39,304 $ 39,556
5,279 5,208
13,702 11,701
33 31
1,731 1,414
31,259 30,962
$ 8,045 $ 8,594
Earnings Per Share (Detail) - USD ($) $ / shares in Units, shares in Millions, $ in Millions
Net income
Weighted average shares of common stock outstanding—basic
Dilutive effect of employee equity incentive plans (shares)
Weighted average shares of common stock outstanding—diluted
Earnings per share - Basic (in dollars per share)
Earnings per share - Diluted (in dollars per share)
Jun. 26, 2021 Jun. 27, 2020 Jun. 26, 2021 Jun. 27, 2020
$ 5,061 $ 5,105 $ 8,422 $ 10,766

4,049 4,246 4,053 4,256
35 38 37 42
4,084 4,284 4,090 4,298
$ 1.25 $ 1.20 $ 2.08 $ 2.53
$ 1.24 $ 1.19 $ 2.06 $ 2.50
6 Months Ended
Contract Liabilities (Details) - USD ($) $ in Millions
Jun. 26, 2021
Capitalized Contract Cost [Line Items]
Contract with customer, liability $ 349
Contract with customer, liability, concession payments 950
Contract liability balance, contract termination
Prepaid Supply Agreements
Capitalized Contract Cost [Line Items]
Contract with customer, liability 54
Contract with customer, liability, concession payments (950)
Contract with customer, liability, revenue recognized (621)
Contract with customer, liability, revenue retained in balance $ 584
Mar. 27, 2021 Dec. 26, 2020
$ 1,900
$ 1,600
$ 1,625
Other Financial Statement Details Inventories (Details) - USD ($) $ in Millions
Inventory, Net [Abstract]
Raw materials
Work in process
Finished goods
Total inventories
Jun. 26, 2021 Dec. 26, 2020
$ 1,010 $ 908
5,968 5,693
1,839 1,826
$ 8,817 $ 8,427
Other Financial Statement Details Interest and Other, Net (Details) - USD ($) $ in Millions
Other Nonoperating Income (Expense) [Abstract]
Interest income
Interest expense
Other, net
Total interest and other, net
Interest Costs Capitalized
Jun. 26, 2021 Jun. 27, 2020 Jun. 26, 2021 Jun. 27, 2020
$ 37 $ 83 $ 74 $ 176
(129) (186) (319) (321)
(4) 74 (7) (197)
(96) (29) (252) (342)
$ 96 $ 87 $ 193 $ 170
3 Months Ended
Restructuring and Other Charges (Detail) - USD ($) $ in Millions
Jun. 26, 2021
Employee severance and benefit arrangements $ 15
Litigation charges and other 49
Asset impairment charges 282
Restructuring and other charges 346
Litigation charges
Goodwill impairment charge $ 237
Mar. 27, 2021 Jun. 27, 2020 Jun. 26, 2021 Jun. 27, 2020
$1 $ 22 $ 106
0 2,251 57
8 282 8
$9 $ 2,555 $ 171
$ 2,200
Investments, Trading Assets (Detail) - Debt Securities [Member] - USD ($) $ in Millions
Schedule Of Trading Securities And Other Trading Assets [Line Items]
Debt Securities, Trading, Unrealized Gain (Loss)
Unrealized Gain (Loss) on Derivatives
Jun. 26, 2021 Jun. 27, 2020 Jun. 26, 2021 Jun. 27, 2020
$2 $ 347 $ (226) $ 183

$ 23 $ (251) $ 245 $ (204)
Investments, Available-for-Sale Debt Investments (Detail) - USD ($) $ in Millions
Debt Securities, Available-for-sale, Amortized Cost
Due in 1 year or less
Due in 1–2 years
Due in 2–5 years
Due after 5 years
Instruments not due at a single maturity date
Total
Jun. 26, 2021 Dec. 26, 2020
$ 6,800 $ 7,800
4,826
247
1,015
0
829
$ 6,917
Investments, Equity Investments (Details) - USD ($) $ in Millions
Investments, All Other Investments [Abstract]
Marketable Securities
Cost Method Investments
Equity Method Investments
Equity Investments
Mark to market on marketable equity securities1
Observable price adjustments on non-marketable
Impairments
Other Net Equity Investments
Gain (Loss) on Investments
Net gains (losses) recognized during the period on equity securities
Less: Net (gains) losses recognized during the period on equity securities sold during the period
Unrealized gains (losses) recognized during the reporting period on equity securities still held at
the reporting date
Jun. 26, 2021 Jun. 27, 2020 Jun. 26, 2021 Jun. 27, 2020 Dec. 26, 2020
$ 1,615 $ 1,615 $ 1,830

4,023 4,023 3,304
17 17 18
5,655 5,655 $ 5,152
138 $ 165 (153) $ 62
72 58 623 137
(35) (51) (73) (193)
120 95 266 150
295 267 663 156
226 223 537 83
(26) (55) (125) (58)
$ 200 $ 168 $ 412 $ 25

3 Months Ended
Investments - Bejing Unisoc Technology (Details) - USD ($) $ in Millions
Jun. 26, 2021
Schedule of Investments [Line Items]
Gains (losses) on equity investments, net $ 295
Bejing Unisoc Technology Ltd.
Schedule of Investments [Line Items]
Gains (losses) on equity investments, net
Net book value of nonmarketable equity investment $ 1,100
Mar. 27, 2021 Jun. 27, 2020 Jun. 26, 2021 Jun. 27, 2020 Dec. 26, 2020
$ 267 $ 663 $ 156
$ 471
$ 1,100 $ 658
Acquisitions and Divestitures (Details) - USD ($) $ in Millions Nov. 01, 2021
Business Acquisition [Line Items]
Goodwill
Consideration transferred for divestiture of business
Forecast
Proceeds from divestiture $ 7,000
Additions to held for sale NAND property, plant and equipment
Moovit
Total consideration
Goodwill
Intangible assets acquired
Oct. 19, 2020 May 04, 2020 Mar. 31, 2025 Oct. 31, 2021 Jun. 26, 2021 Dec. 26, 2020
$ 26,768 $ 26,971
$ 9,000
$ 2,000
$ 1,800
$ 915
638
$ 331
Acquisitions and Divestitures - Schedule of Assets Held for Sale (Details) - USD ($) $ in Millions
Inventories
Property, plant and equipment, net
Total assets held for sale
Jun. 26, 2021 Dec. 26, 2020
$ 699 $ 962
5,118 4,363
$ 5,817 $ 5,325
3 Months Ended
Borrowings Borrowings, Narrative (Details)
Jun. 26, 2021USD ($)
Commercial Paper
Debt Instrument [Line Items]
Authorization to borrow $ 10,000,000,000
Variable Rate Revolving Credit Facility | Revolving Credit Facility
Variable rate revolving credit facility 5,000,000,000
Senior Notes due May 2021 | Senior Notes
Debt settled during period $ 500,000,000
Fair Value (Detail) - USD ($) $ in Millions
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Reverse repurchase agreements

Trading assets, Fair Value Disclosure
Derivative assets, Fair Value Disclosure
Derivative liabilities, Fair Value Disclosure
Cost Method Investments
Fair Value, Recurring [Member]
Assets, Fair Value Disclosure

Liabilities, Fair Value Disclosure
Fair Value, Nonrecurring [Member]
Grants & loans Receivable, Reverse repurchase agreements, CV

Short-term and Long-term Debt, Fair Value
Corporate Debt Securities [Member] | Fair Value, Recurring [Member]

Fixed Income Securities [Member] | Fair Value, Recurring [Member]

Government Debt [Member] | Fair Value, Recurring [Member]

Marketable Equity Securities [Member] | Fair Value, Recurring [Member]
Investments, Fair Value Disclosure

Cash Equivalents [Member] | Fair Value, Recurring [Member]

Cash Equivalents [Member] | Corporate Debt Securities [Member] | Fair Value, Recurring
[Member]

Cash Equivalents [Member] | Fixed Income Securities [Member] | Fair Value, Recurring [Member]

Cash Equivalents [Member] | Government Debt [Member] | Fair Value, Recurring [Member]

Short-Term Investments [Member] | Corporate Debt Securities [Member] | Fair Value, Recurring
[Member]

Short-Term Investments [Member] | Fixed Income Securities [Member] | Fair Value, Recurring
[Member]

Short-Term Investments [Member] | Government Debt [Member] | Fair Value, Recurring
[Member]

Other Current Assets [Member] | Fair Value, Recurring [Member]

Loans receivable, Fair Value Disclosure
Other Long-Term Investments [Member] | Corporate Debt Securities [Member] | Fair Value,
Recurring [Member]

Other Long-Term Investments [Member] | Fixed Income Securities [Member] | Fair Value,
Recurring [Member]

Other Long-Term Investments [Member] | Government Debt [Member] | Fair Value, Recurring
[Member]

Other Long-Term Assets [Member] | Fair Value, Recurring [Member]

Other Accrued Liabilities [Member] | Fair Value, Recurring [Member]

Other Long-Term Liabilities [Member] | Fair Value, Recurring [Member]

Level 1 [Member] | Fair Value, Recurring [Member]

Level 1 [Member] | Corporate Debt Securities [Member] | Fair Value, Recurring [Member]

Level 1 [Member] | Fixed Income Securities [Member] | Fair Value, Recurring [Member]

Level 1 [Member] | Government Debt [Member] | Fair Value, Recurring [Member]

Level 1 [Member] | Marketable Equity Securities [Member] | Fair Value, Recurring [Member]

Level 1 [Member] | Cash Equivalents [Member] | Fair Value, Recurring [Member]
Level 1 [Member] | Cash Equivalents [Member] | Corporate Debt Securities [Member] | Fair
Value, Recurring [Member]

Level 1 [Member] | Cash Equivalents [Member] | Fixed Income Securities [Member] | Fair Value,
Recurring [Member]

Level 1 [Member] | Cash Equivalents [Member] | Government Debt [Member] | Fair Value,
Recurring [Member]

Level 1 [Member] | Short-Term Investments [Member] | Corporate Debt Securities [Member] |

Level 1 [Member] | Short-Term Investments [Member] | Fixed Income Securities [Member] | Fair

Level 1 [Member] | Short-Term Investments [Member] | Government Debt [Member] | Fair

Level 1 [Member] | Other Current Assets [Member] | Fair Value, Recurring [Member]

Level 1 [Member] | Other Long-Term Investments [Member] | Corporate Debt Securities
[Member] | Fair Value, Recurring [Member]

Level 1 [Member] | Other Long-Term Investments [Member] | Fixed Income Securities [Member]
| Fair Value, Recurring [Member]

Level 1 [Member] | Other Long-Term Investments [Member] | Government Debt [Member] | Fair

Level 1 [Member] | Other Long-Term Assets [Member] | Fair Value, Recurring [Member]

Level 1 [Member] | Other Accrued Liabilities [Member] | Fair Value, Recurring [Member]

Level 1 [Member] | Other Long-Term Liabilities [Member] | Fair Value, Recurring [Member]








Recurring [Member]

Recurring [Member]


















Recurring [Member]

Recurring [Member]











Jun. 26, 2021 Dec. 26, 2020
$ 1,350 $ 1,900
17,097 15,738
1,378 2,235
495 711
4,023 3,304
28,576 30,257
622 815
260 139
39,000 40,900
4,537 3,815
3,786 2,978
8,774 8,945
1,615 1,830
1,350 1,900
648 50
1,893 3,417
100 0
960 428
1,484 1,179
570 685
339 692
213 439
892 1,520
216 257
154 415
1,045 1,550
0 157
618 810
4 5
1,176 3,096
5 0
0 0
218 131
0 0
90 136
0 0
0 0
829 2,781
0 0
0 0
0 0
0 0
39 48
0 0
0 0
0 0
0 0
0 0
0 0
5 0
0 0
27,384 27,131
617 815
4,537 3,815
3,568 2,847
8,774 8,945
1,525 1,694
1,350 1,900
648 50
1,064 636
100 0
960 428
1,484 1,179
570 685
300 644
213 439
892 1,520
216 257
154 415
1,029 1,520
0 157
613 810
4 5
16 30
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
16 30
0 0
0 0
$0 $0
Other Comprehensive Income (Loss), Accumulated Other Comprehensive Income (Loss) (Detail) -
USD ($) $ in Millions
Accumulated Other Comprehensive Income (Loss) [Line Items]
Cash Flow Hedge Gain (Loss) to be Reclassified within Twelve Months
Unrealized holding gains (losses) on available-for-sale investments [Member]
Other comprehensive income (loss) before reclassifications
Amounts reclassified out of accumulated other comprehensive income (loss)
Tax effects
Unrealized holding gains (losses) on derivatives [Member]
Tax effects
Actuarial gains (losses) [Member]
Tax effects
Foreign currency translation adjustment [Member]
Tax effects
$ 115
$8 $ 389 (344) $ 128
387 387 $ 731

(285)
(161)
102
(344)
(1,540) (1,540) (1,565)

3
31
(9)
25
58 58 83
(32)
0
7
(25)
$ (1,095) (1,095) $ (751)

(314)
(130)
100
$ (344)
Derivative Financial Instruments (Detail) - USD ($) $ in Millions
Notional Disclosures [Abstract]

Notional amount
Offsetting Derivative Assets [Abstract]
Derivative Assets, Fair Value, Gross Amounts
Derivative Assets Subject to Master Netting Arrangements, Gross Amounts Offset in the Balance
Sheet
Derivative Assets Subject to Master Netting Arrangements, Net Amount Presented in the Balance
Sheet
Derivative Assets, Financial Instruments Not Offset in the Balance Sheet
Derivative Assets, Cash Collateral Not Offset in the Balance Sheet
Derivative Assets Subject to Master Netting Arrangements, Net Amount
Reverse Repurchase Agreements, Gross Amounts Recognized
Reverse Repurchase Agreements, Gross Amounts Offset In The Balance Sheet
Reverse Repurchase Agreements, Net Amount Presented in the Balance Sheet
Reverse Repurchase Agreements, Financial Instruments Not Offset in the Balance Sheet
Reverse Repurchase Agreements, Cash Collateral Not Offset in the Balance Sheet
Reverse Repurchase Agreements, Net Amount
Total Assets, Gross Amounts Recognized
Total Assets, Gross Amounts Offset in the Balance Sheet
Total Assets, Net Amounts Presented in the Balance Sheet
Total Assets, Financial Instruments, Not Offset in the Balance Sheet
Total Assets, Cash and Non Cash Collateral, Not Offset in the Balance Sheet
Total Assets, Net Amount
Offsetting Derivative Liabilities [Abstract]
Derivative Liabilities, Fair Value, Gross Amounts
Derivative Liabilities Subject to Master Netting Arrangements, Gross Amounts Offset in the
Balance Sheet
Derivative Liabilities Subject to Master Netting Arrangements, Net Amount Presented in the
Balance Sheet
Derivative Liabilities, Financial Instruments Not Offset in the Balance Sheet
Derivative Liabilities, Cash Collateral Not Offset in the Balance Sheet
Derivative Liabilities Subject to Master Netting Arrangements, Net Amount
Effect of Fair Value Hedges on Results of Operations [Abstract]
Change in Unrealized Gain (Loss) on Hedged Item in Fair Value Hedge
Net Change In Unrealized Gain (Loss) Recognized In Income Statement On Fair Value Hedging
Instruments And On Hedged Item In Fair Value Hedge
Assets
Liabilities
Designated as Hedging Instrument [Member] | Assets
Designated as Hedging Instrument [Member] | Liabilities
Not Designated as Hedging Instrument [Member]
Derivative Instruments Not Designated as Hedging Instruments [Abstract]
Gains (Losses) Recognized in Income On Derivatives
Not Designated as Hedging Instrument [Member] | Assets
Not Designated as Hedging Instrument [Member] | Liabilities
Foreign currency contracts
Notional amount
Derivative Instruments, Gain (Loss) Reclassified from Accumulated OCI into Income, Effective
Portion, Net [Abstract]
Gains (Losses) Recognized in Other Comprehensive Income (Loss) on Derivatives (Effective Portion)
Foreign currency contracts | Designated as Hedging Instrument [Member] | Assets

Foreign currency contracts | Designated as Hedging Instrument [Member] | Liabilities
Foreign currency contracts | Not Designated as Hedging Instrument [Member] | Interest and
other, net [Member]
Foreign currency contracts | Not Designated as Hedging Instrument [Member] | Assets
Foreign currency contracts | Not Designated as Hedging Instrument [Member] | Liabilities

Interest rate contracts
Notional amount
Effect of Fair Value Hedges on Results of Operations [Abstract]
Change in Unrealized Gain (Loss) on Fair Value Hedging Instruments
Interest rate contracts | Designated as Hedging Instrument [Member] | Assets
Interest rate contracts | Designated as Hedging Instrument [Member] | Liabilities
Interest rate contracts | Not Designated as Hedging Instrument [Member] | Interest and other,
net [Member]
Interest rate contracts | Not Designated as Hedging Instrument [Member] | Assets
Interest rate contracts | Not Designated as Hedging Instrument [Member] | Liabilities
Other
Notional amount
Other | Not Designated as Hedging Instrument [Member] | Various [Member]
Other | Not Designated as Hedging Instrument [Member] | Assets
Other | Not Designated as Hedging Instrument [Member] | Liabilities
Interest Rate Swap | Long-term Debt | Fair Value Hedging
Derivative, Amount of Hedged Item
Derivative, Fair Value, Net
3 Months Ended 6 Months Ended 12 Months Ended
$ 47,652 $ 47,652 $ 47,696
1,378 1,378 2,235

0
1,378 1,378 2,235
(343) (343) (264)

(1,033) (1,033) (1,904)
2 2 67
1,350 1,350 1,900
0 0 0
1,350 1,350 1,900
0 0 0
(1,350) (1,350) (1,900)

0 0 0
2,728 2,728 4,135
0 0 0
2,728 2,728 4,135
(343) (343) (264)
(2,383) (2,383) (3,804)
2 2 67
495 495 711

0 0 0
495 495 711
(343) (343) (264)

(152) (152) (447)
0 0 0
(35) $ (78) 477 $ (1,032)

0 0 0 0
1,384 1,384 2,242

622 622 815
1,164 1,164 2,049
95 95 2
116 (5) 428 (196)
220 220 193
527 527 813
30,726 30,726 31,209
49 392 (285) 19
143 143 551
95 95 2
(22) (216) 212 (62)
173 173 142
428 428 685

14,652 14,652 14,461
35 78 (477) 1,032
1,021 1,021 1,498
0 0 0
(2) (14) 21 (91)
8 8 3
94 94 128
2,274 2,274 2,026
140 $ 225 195 $ (43)
39 39 48
5 5 0
12,000 12,000
$ (13,018) (13,018) (13,495)
$ (1,021) $ (1,498)
Contingencies (Detail) - 1 months ended May 31, 2009 € in Billions, $ in Billions
EC Fine [Member]
Loss Contingencies [Line Items]
Loss contingency, damages paid, value
EUR (€) USD ($)
€ 1.1 $ 1.4

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6 Months Ended

Cover Page shares in Millions

$ 19,631 $ 19,728 $ 39,304 $ 39,556

4,049 4,246 4,053 4,256

$ 5,061 $ 5,105 $ 8,422 $ 10,766

Interest, net of capitalized interest

Note 1 : Basis of Presentation We prepared our interim Consolidated Condensed Financial

Interest and Other, Net [Table Text Block]

Investment [Table Text Block]

Gain (Loss) on Securities [Table Text Block]

Offsetting Assets [Table Text Block]

Not Designated as Hedging Instrument [Member]

Interest and other, net [Member] | Fair Value Hedging

$ 5,061 $ 5,105 $ 8,422 $ 10,766

$2 $ 347 $ (226) $ 183

$ 1,615 $ 1,615 $ 1,830

$ 200 $ 168 $ 412 $ 25

$ 267 $ 663 $ 156

Reverse repurchase agreements

Assets, Fair Value Disclosure

Grants & loans Receivable, Reverse repurchase agreements, CV

Trading assets, Fair Value Disclosure

Trading assets, Fair Value Disclosure

Trading assets, Fair Value Disclosure

Investments, Fair Value Disclosure

Reverse repurchase agreements

Investments, Fair Value Disclosure

Investments, Fair Value Disclosure

Investments, Fair Value Disclosure

Investments, Fair Value Disclosure

Investments, Fair Value Disclosure

Investments, Fair Value Disclosure

Derivative assets, Fair Value Disclosure

Investments, Fair Value Disclosure

Investments, Fair Value Disclosure

Investments, Fair Value Disclosure

Derivative assets, Fair Value Disclosure

Derivative liabilities, Fair Value Disclosure

Derivative liabilities, Fair Value Disclosure

Assets, Fair Value Disclosure

Trading assets, Fair Value Disclosure

Trading assets, Fair Value Disclosure

Trading assets, Fair Value Disclosure

Investments, Fair Value Disclosure

Investments, Fair Value Disclosure

Investments, Fair Value Disclosure

Investments, Fair Value Disclosure

Investments, Fair Value Disclosure

Investments, Fair Value Disclosure

Investments, Fair Value Disclosure

Derivative assets, Fair Value Disclosure

Investments, Fair Value Disclosure

Investments, Fair Value Disclosure

Investments, Fair Value Disclosure

Derivative assets, Fair Value Disclosure

Derivative liabilities, Fair Value Disclosure

Derivative liabilities, Fair Value Disclosure

Assets, Fair Value Disclosure

Trading assets, Fair Value Disclosure

Trading assets, Fair Value Disclosure

Trading assets, Fair Value Disclosure

Investments, Fair Value Disclosure

Reverse repurchase agreements