10-K.Info (Beta Test) Courtesy of Short Sands, LLC | ||||||||||||||
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10-K.Info (Beta Test) Courtesy of Short Sands, LLC | |||
INTEL CORP | |||
Ticker: INTC Fiscal Year: 2009 | |||
Consolidated Statements of Operations | |||
Period Ending Dec 26, 2009 10-K (Filed: Feb 22, 2010) | |||
| (In Millions) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| Dec 26, 2009 | Dec 27, 2008 | Dec 29, 2007 | |
| Net revenue | $ 35,127 | 37,586 | 38,334 |
| Cost of sales | 15,566 | 16,742 | 18,430 |
| Gross margin | 19,561 | 20,844 | 19,904 |
| Research and development | 5,653 | 5,722 | 5,755 |
| Marketing, general and administrative | 7,931 | 5,452 | 5,401 |
| Restructuring and asset impairment charges | 231 | 710 | 516 |
| Amortization of acquisition-related intangibles | 35 | 6 | 16 |
| Operating expenses | 13,850 | 11,890 | 11,688 |
| Operating income | 5,711 | 8,954 | 8,216 |
| Gains (losses) on equity method investments, net | (147) | (1,380) | 3 |
| Gains (losses) on other equity investments, net | (23) | (376) | 154 |
| Interest and other, net | 163 | 488 | 793 |
| Income before taxes | 5,704 | 7,686 | 9,166 |
| Provision for taxes | 1,335 | 2,394 | 2,190 |
| Net income | 4,369 | 5,292 | 6,976 |
| Basic earnings per common share (in dollars per share) | 0.79 | 0.93 | 1.20 |
| Diluted earnings per common share (in dollars per share) | 0.77 | 0.92 | 1.18 |
| Weighted average common shares outstanding: | |||
| Basic (shares) | 5,557 | 5,663 | 5,816 |
| Diluted (shares) | 5,645 | 5,748 | 5,936 |
10-K.Info (Beta Test) Courtesy of Short Sands, LLC | |||
INTEL CORP | |||
Ticker: INTC Fiscal Year: 2009 | |||
Consolidated Statements of Cash Flows | |||
Period Ending Dec 26, 2009 10-K (Filed: Feb 22, 2010) | |||
| (In Millions, except shares in actual) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| Dec 26, 2009 | Dec 27, 2008 | Dec 29, 2007 | |
| Cash and cash equivalents, beginning of year | $ 3,350 | 7,307 | |
| Cash flows provided by (used for) operating activities: | |||
| Net income | 4,369 | 5,292 | 6,976 |
| Adjustments to reconcile net income to net cash provided by operating activities: | |||
| Depreciation | 4,744 | 4,360 | 4,546 |
| Share-based compensation | 889 | 851 | 952 |
| Restructuring, asset impairment, and net loss on retirement of assets | 368 | 795 | 564 |
| Excess tax benefit from share-based payment arrangements | (9) | (30) | (118) |
| Amortization of intangibles and other acquisition-related costs | 308 | 256 | 252 |
| (Gains) losses on equity method investments, net | 147 | 1,380 | (3) |
| (Gains) losses on other equity investments, net | 23 | 376 | (154) |
| (Gains) losses on divestitures | 0 | (59) | (21) |
| Deferred taxes | 271 | (790) | (443) |
| Changes in assets and liabilities: | |||
| Trading assets | 299 | 193 | (1,429) |
| Accounts receivable | (535) | 260 | 316 |
| Inventories | 796 | (395) | 700 |
| Accounts payable | (506) | 29 | 102 |
| Accrued compensation and benefits | 247 | (569) | 354 |
| Income taxes payable and receivable | 110 | (834) | (248) |
| Other assets and liabilities | (351) | (189) | 279 |
| Total adjustments | 6,801 | 5,634 | 5,649 |
| Net cash provided by operating activities | 11,170 | 10,926 | 12,625 |
| Cash flows provided by (used for) investing activities: | |||
| Additions to property, plant and equipment | (4,515) | (5,197) | (5,000) |
| Acquisitions, net of cash acquired | (853) | (16) | (76) |
| Purchases of available-for-sale investments | (8,655) | (6,479) | (11,728) |
| Maturities and sales of available-for-sale investments | 7,756 | 7,993 | 8,011 |
| Purchases of trading assets | (4,186) | (2,676) | 0 |
| Maturities and sales of trading assets | 2,543 | 1,766 | 0 |
| Loans receivable | (343) | 0 | 0 |
| Investments in non-marketable equity investments | (250) | (1,691) | (1,459) |
| Return of equity method investment | 449 | 316 | 0 |
| Proceeds from divestitures | 0 | 85 | 32 |
| Other investing activities | 89 | 34 | 294 |
| Net cash used for investing activities | (7,965) | (5,865) | (9,926) |
| Cash flows provided by (used for) financing activities: | |||
| Increase (decrease) in short-term debt, net | (87) | (40) | (39) |
| Proceeds from government grants | 0 | 182 | 160 |
| Excess tax benefit from share-based payment arrangements | 9 | 30 | 118 |
| Issuance of long-term debt | 1,980 | 0 | 125 |
| Proceeds from sales of shares through employee equity incentive plans | 400 | 1,105 | 3,052 |
| Repurchase and retirement of common stock | (1,762) | (7,195) | (2,788) |
| Payment of dividends to stockholders | (3,108) | (3,100) | (2,618) |
| Net cash used for financing activities | (2,568) | (9,018) | (1,990) |
| Net increase (decrease) in cash and cash equivalents | 637 | (3,957) | 709 |
| Cash and cash equivalents, end of year | 3,987 | 3,350 | 7,307 |
| Supplemental disclosures of cash flow information: | |||
| Cash paid during the year for: | |||
| Interest, net of amounts capitalized of $86 in 2009 ($86 in 2008 and $57 in 2007) | 4 | 6 | 15 |
| Income taxes, net of refunds | 943 | 4,007 | 2,762 |
10-K.Info (Beta Test) Courtesy of Short Sands, LLC | ||
INTEL CORP | ||
Ticker: INTC Fiscal Year: 2009 | ||
Consolidated Balance Sheets | ||
Period Ending Dec 26, 2009 10-K (Filed: Feb 22, 2010) | ||
| (In Millions, except shares in actual) | ||
| As of | As of | |
| Dec 26, 2009 | Dec 27, 2008 | |
| Assets | ||
| Current assets: | ||
| Cash and cash equivalents | $ 3,987 | 3,350 |
| Short-term investments | 5,285 | 5,331 |
| Trading assets | 4,648 | 3,162 |
| Accounts receivable, net of allowance for doubtful accounts of $19 ($17 in 2008) | 2,273 | 1,712 |
| Inventories | 2,935 | 3,744 |
| Deferred tax assets | 1,216 | 1,390 |
| Other current assets | 813 | 1,182 |
| Total current assets | 21,157 | 19,871 |
| Property, plant and equipment, net | 17,225 | 17,574 |
| Marketable equity securities | 773 | 352 |
| Other long-term investments | 4,179 | 2,924 |
| Goodwill | 4,421 | 3,932 |
| Other long-term assets | 5,340 | 5,819 |
| Total assets | 53,095 | 50,472 |
| Liabilities and stockholders' equity | ||
| Current liabilities: | ||
| Short-term debt | 172 | 102 |
| Accounts payable | 1,883 | 2,390 |
| Accrued compensation and benefits | 2,448 | 2,015 |
| Accrued advertising | 773 | 807 |
| Deferred income on shipments to distributors | 593 | 463 [1] |
| Other accrued liabilities | 1,636 | 1,901 |
| Income taxes payable | 86 | 140 |
| Total current liabilities | 7,591 | 7,818 |
| Long-term income taxes payable | 193 | 736 |
| Long-term debt | 2,049 | 1,185 |
| Long-term deferred tax liabilities | 555 | 46 |
| Other long-term liabilities | 1,003 | 1,141 |
| Commitments and contingencies (Notes 22 and 28) | ||
| Stockholders' equity: | ||
| Preferred stock, $0.001 par value, 50 shares authorized; none issued | 0 | 0 |
| Common stock, $0.001 par value, 10,000 shares authorized; 5,523 issued and outstanding (5,562 in 2008) and capital in excess of par value | 14,993 | 13,402 |
| Accumulated other comprehensive income (loss) | 393 | (393) |
| Retained earnings | 26,318 | 26,537 |
| Total stockholders' equity | 41,704 | 39,546 |
| Total liabilities and stockholders' equity | 53,095 | 50,472 |
| [1] As adjusted due to changes to the accounting for convertible debt instruments. See "Note 3: Accounting Changes." | ||
| External Links | |
| INTEL CORP (INTC) Fiscal Year 2009 | |
| Statements of 10-K in Excel | https://www.sec.gov/.../Financial.xlxs |
| Complete 10-K in HTML | https://www.sec.gov/.../10-K.html |
| Complete 10-K in XBRL | https://www.sec.gov/.../10-K-xbrl.zip |