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EX-10.1 - EXHIBIT 10.1 - INTEL CORPintcex10110q10012016.htm
10-Q - 10-Q - INTEL CORPa10qdocument10012016.htm
EX-32.1 - EXHIBIT 32.1 - INTEL CORPintcex32110q10012016.htm
EX-31.2 - EXHIBIT 31.2 - INTEL CORPintcex31210q10012016.htm
EX-31.1 - EXHIBIT 31.1 - INTEL CORPintcex31110q10012016.htm
EX-10.2 - EXHIBIT 10.2 - INTEL CORPintcex10210q10012016.htm


Exhibit 12.1

INTEL CORPORATION

STATEMENT SETTING FORTH THE COMPUTATION
OF RATIOS OF EARNINGS TO FIXED CHARGES
     
 
 
 
 
Nine Months Ended
(Dollars in Millions)
 
Oct 1,
2016
 
Sep 26,
2015
Earnings
 
$
8,557

 
$
10,128

Adjustments:
 
 
 
 
 
Add - Fixed charges
 
686

 
435

 
Subtract - Capitalized interest
 
(82
)
 
(202
)
Earnings and fixed charges (net of capitalized interest)
 
$
9,161

 
$
10,361

 
 
 
 
 
 
 
Fixed charges:
 
 
 
 
 
Interest2 
 
$
575

 
$
211

 
Capitalized interest
 
82

 
202

 
Estimated interest component of rental expense
 
29

 
22

Total
 
$
686

 
$
435

 
 
 
 
 
 
 
Ratio of earnings before taxes and fixed charges, to fixed charges
 
13x

 
24x


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.