Intel Corporation (INTC) Financial Statements (2024 and earlier)

Company Profile

Business Address 2200 MISSION COLLEGE BLVD
SANTA CLARA, CA 95054
State of Incorp. DE
Fiscal Year End December 31
Industry (SIC) 3674 - Semiconductors and Related Devices (benchmarking)
More info Complete Financial Analysis Financial Benchmarking

Balance Sheet (Statement of Financial Position) ($ in millions)

9/30/2023
Q3
6/30/2023
Q2
3/31/2023
Q1
12/31/2022
Q4
9/30/2022
Q3
6/30/2022
Q2
3/31/2022
Q1
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments15,90819,30217,19418,03022,65432,481
Short-term investments15,90819,30217,19418,03022,65432,481
Receivables2,9963,8474,2717,4696,0637,074
Inventory, net of allowances, customer advances and progress billings11,98412,99313,22412,83112,17411,935
Inventory11,98412,99313,22412,83112,17411,935
Disposal group, including discontinued operation   45   
Other current assets4,1193,9404,6676,3485,2754,627
Other undisclosed current assets8,3498,23211,0064,5854,4226,451
Total current assets:43,35648,31450,40749,26350,58862,568
Noncurrent Assets
Operating lease, right-of-use asset   487   
Property, plant and equipment(95,781)(94,550)80,860(91,417)(89,163)(87,096)
Long-term investments and receivables91010111314
Long-term investments91010111314
Intangible assets, net (including goodwill)32,76433,15833,60933,85934,01433,824
Goodwill27,59127,59127,59127,59127,58727,011
Intangible assets, net (excluding goodwill)5,1735,5676,0186,2686,4276,813
Deferred income tax assets   3,450   
Other noncurrent assets12,67112,06811,31510,1348,2277,210
Other undisclosed noncurrent assets192,610186,3031,965172,991166,739159,836
Total noncurrent assets:142,273136,989131,696125,578119,830113,788
TOTAL ASSETS:185,629185,303182,103174,841170,418176,356
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities13,81314,62615,93013,97513,4059,941
Employee-related liabilities3,4212,7302,731
Accounts payable8,7578,0839,5957,1337,9457,210
Accrued liabilities5,0566,5436,3353,4212,730 
Debt2,7111,4374,3672,2832,8824,459
Other liabilities10,65611,33011,85814,97613,66114,922
Other undisclosed current liabilities    (3,421)(2,730) 
Total current liabilities:27,18027,39332,15527,81327,21829,322
Noncurrent Liabilities
Long-term debt and lease obligation46,33548,83637,68437,24032,54832,788
Long-term debt, excluding current maturities46,33548,83637,68437,24032,54832,788
Liabilities, other than long-term debt7,6438,6718,9789,9039,43411,110
Accounts payable and accrued liabilities  3,8313,7963,7823,6844,372
Deferred income tax liabilities   2023615721,547
Other liabilities7,6434,8404,9805,7605,1785,191
Total noncurrent liabilities:53,97857,50746,66247,14341,98243,898
Total liabilities:81,15884,90078,81774,95669,20073,220
Equity
Equity, attributable to parent, including:101,01798,059101,42399,885101,218103,136
Accumulated other comprehensive loss(544)(419)(562)(2,051)(1,625)(1,002)
Retained earnings67,23165,64970,40571,02472,98574,894
Other undisclosed equity, attributable to parent34,33032,82931,58030,91229,85829,244
Equity, attributable to noncontrolling interest3,4542,3441,863   
Total equity:104,471100,403103,28699,885101,218103,136
TOTAL LIABILITIES AND EQUITY:185,629185,303182,103174,841170,418176,356

Income Statement (P&L) ($ in millions)

9/30/2023
Q3
6/30/2023
Q2
3/31/2023
Q1
12/31/2022
Q4
9/30/2022
Q3
6/30/2022
Q2
3/31/2022
Q1
Revenues12,94911,71514,04215,33815,32118,353
Cost of revenue
(Cost of Goods and Services Sold)
(8,311)(7,707)(8,542)(8,803)(9,734)(9,109)
Gross profit:4,6384,0085,5006,5355,5879,244
Operating expenses(5,654)(5,476)(6,632)(6,710)(6,287)(4,903)
Operating income (loss):(1,016)(1,468)(1,132)(175)(700)4,341
Nonoperating income (expense)224141150138(119)997
Investment income, nonoperating3133342741709847
Other nonoperating income (expense)125 2582(108)1,074
Interest and debt expense(214)(193)(149)(114)(109)(124)
Income (loss) from continuing operations before equity method investments, income taxes:(1,006)(1,520)(1,131)(151)(928)5,214
Other undisclosed income (loss) from continuing operations before income taxes190362335(37)194,447
Income (loss) from continuing operations before income taxes:(816)(1,158)(796)(188)(909)9,661
Income tax expense (benefit)2,289(1,610)1351,207455(1,548)
Income (loss) from continuing operations:1,473(2,768)(661)1,019(454)8,113
Income (loss) before gain (loss) on sale of properties:1,019(454)8,113
Net income (loss):1,473(2,768)(661)1,019(454)8,113
Net income (loss) attributable to noncontrolling interest810    
Other undisclosed net loss attributable to parent   (3)   
Net income (loss) available to common stockholders, diluted:1,481(2,758)(664)1,019(454)8,113

Comprehensive Income ($ in millions)

9/30/2023
Q3
6/30/2023
Q2
3/31/2023
Q1
12/31/2022
Q4
9/30/2022
Q3
6/30/2022
Q2
3/31/2022
Q1
Net income (loss):1,473(2,768)(661)1,019(454)8,113
Other comprehensive income (loss)(125)1431,489(426)(623)(122)
Comprehensive income (loss):1,348(2,625)828593(1,077)7,991
Comprehensive income (loss), net of tax, attributable to noncontrolling interest810    
Other undisclosed comprehensive loss, net of tax, attributable to parent   (3)   
Comprehensive income (loss), net of tax, attributable to parent:1,356(2,615)825593(1,077)7,991

Statements Sources

The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

Login to ReadyRatios

 

Have you forgotten your password?

Are you a new user?

Login As
You can log in if you are registered at one of these services: