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: 2010 | |||
Consolidated Statements of Income | |||
Period Ending Dec 25, 2010 10-K (Filed: Feb 18, 2011) | |||
| (In Millions) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| Dec 25, 2010 | Dec 26, 2009 | Dec 27, 2008 | |
| Net revenue | $ 43,623 | 35,127 | 37,586 |
| Cost of sales | 15,132 | 15,566 | 16,742 |
| Gross margin | 28,491 | 19,561 | 20,844 |
| Research and development | 6,576 | 5,653 | 5,722 |
| Marketing, general and administrative | 6,309 | 7,931 | 5,452 |
| Restructuring and asset impairment charges | 0 | 231 | 710 |
| Amortization of acquisition-related intangibles | 18 | 35 | 6 |
| Operating expenses | 12,903 | 13,850 | 11,890 |
| Operating income | 15,588 | 5,711 | 8,954 |
| Gains (losses) on equity method investments, net | 117 | (147) | (1,380) |
| Gains (losses) on other equity investments, net | 231 | (23) | (376) |
| Interest and other, net | 109 | 163 | 488 |
| Income before taxes | 16,045 | 5,704 | 7,686 |
| Provision for taxes | 4,581 | 1,335 | 2,394 |
| Net income | 11,464 | 4,369 | 5,292 |
| Basic earnings per common share (in dollars per share) | 2.06 | 0.79 | 0.93 |
| Diluted earnings per common share (in dollars per share) | 2.01 | 0.77 | 0.92 |
| Weighted average common shares outstanding: | |||
| Basic (shares) | 5,555 | 5,557 | 5,663 |
| Diluted (shares) | 5,696 | 5,645 | 5,748 |
10-K.Info (Beta Test) Courtesy of Short Sands, LLC | |||
INTEL CORP | |||
Ticker: INTC Fiscal Year: 2010 | |||
Consolidated Statements of Cash Flows | |||
Period Ending Dec 25, 2010 10-K (Filed: Feb 18, 2011) | |||
| (In Millions, except shares in actual) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| Dec 25, 2010 | Dec 26, 2009 | Dec 27, 2008 | |
| Cash and cash equivalents, beginning of year | $ 3,987 | 3,350 | |
| Cash flows provided by (used for) operating activities: | |||
| Net income | 11,464 | 4,369 | 5,292 |
| Adjustments to reconcile net income to net cash provided by operating activities: | |||
| Depreciation | 4,398 | 4,744 | 4,360 |
| Share-based compensation | 917 | 889 | 851 |
| Restructuring, asset impairment, and net loss on retirement of assets | 67 | 368 | 795 |
| Excess tax benefit from share-based payment arrangements | (65) | (9) | (30) |
| Amortization of intangibles | 240 | 308 | 256 |
| (Gains) losses on equity method investments, net | (117) | 147 | 1,380 |
| (Gains) losses on other equity investments, net | (231) | 23 | 376 |
| (Gains) losses on divestitures | 0 | 0 | (59) |
| Deferred taxes | (46) | 271 | (790) |
| Changes in assets and liabilities: | |||
| Trading assets | 0 | 299 | 193 |
| Accounts receivable | (584) | (535) | 260 |
| Inventories | (806) | 796 | (395) |
| Accounts payable | 407 | (506) | 29 |
| Accrued compensation and benefits | 161 | 247 | (569) |
| Income taxes payable and receivable | 53 | 110 | (834) |
| Other assets and liabilities | 834 | (351) | (189) |
| Total adjustments | 5,228 | 6,801 | 5,634 |
| Net cash provided by operating activities | 16,692 | 11,170 | 10,926 |
| Cash flows provided by (used for) investing activities: | |||
| Additions to property, plant and equipment | (5,207) | (4,515) | (5,197) |
| Acquisitions, net of cash acquired | (218) | (853) | (16) |
| Purchases of available-for-sale investments | (17,675) | (8,655) | (6,479) |
| Maturities and sales of available-for-sale investments | 13,133 | 7,756 | 7,993 |
| Purchases of trading assets | (8,944) | (4,186) | (2,676) |
| Maturities and sales of trading assets | 8,846 | 2,543 | 1,766 |
| Origination of loans receivable | (498) | (343) | 0 |
| Investments in non-marketable equity investments | (393) | (250) | (1,691) |
| Return of equity method investments | 199 | 449 | 316 |
| Proceeds from divestitures | 0 | 0 | 85 |
| Other investing | 218 | 89 | 34 |
| Net cash used for investing activities | (10,539) | (7,965) | (5,865) |
| Cash flows provided by (used for) financing activities: | |||
| Increase (decrease) in short-term debt, net | 23 | (87) | (40) |
| Proceeds from government grants | 79 | 0 | 182 |
| Excess tax benefit from share-based payment arrangements | 65 | 9 | 30 |
| Issuance of long-term debt | 0 | 1,980 | 0 |
| Repayment of debt | (157) | 0 | 0 |
| Proceeds from sales of shares through employee equity incentive plans | 587 | 400 | 1,105 |
| Repurchase of common stock | (1,736) | (1,762) | (7,195) |
| Payment of dividends to stockholders | (3,503) | (3,108) | (3,100) |
| Net cash used for financing activities | (4,642) | (2,568) | (9,018) |
| Net increase (decrease) in cash and cash equivalents | 1,511 | 637 | (3,957) |
| Cash and cash equivalents, end of year | 5,498 | 3,987 | 3,350 |
| Supplemental disclosures of cash flow information: | |||
| Cash paid during the year for: | |||
| Interest, net of amounts capitalized of $134 in 2010 ($86 in 2009 and 2008) | 0 | 4 | 6 |
| Income taxes, net of refunds | 4,627 | 943 | 4,007 |
10-K.Info (Beta Test) Courtesy of Short Sands, LLC | ||
INTEL CORP | ||
Ticker: INTC Fiscal Year: 2010 | ||
Consolidated Balance Sheets | ||
Period Ending Dec 25, 2010 10-K (Filed: Feb 18, 2011) | ||
| (In Millions, except shares in actual) | ||
| As of | As of | |
| Dec 25, 2010 | Dec 26, 2009 | |
| Assets | ||
| Current assets: | ||
| Cash and cash equivalents | $ 5,498 | 3,987 |
| Short-term investments | 11,294 | 5,285 |
| Trading assets | 5,093 | 4,648 |
| Accounts receivable, net of allowance for doubtful accounts of $28 ($19 in 2009) | 2,867 | 2,273 |
| Inventories | 3,757 | 2,935 |
| Deferred tax assets | 1,488 | 1,216 |
| Other current assets | 1,614 | 813 |
| Total current assets | 31,611 | 21,157 |
| Property, plant and equipment, net | 17,899 | 17,225 |
| Marketable equity securities | 1,008 | 773 |
| Other long-term investments | 3,026 | 4,179 |
| Goodwill | 4,531 | 4,421 |
| Other long-term assets | 5,111 | 5,340 |
| Total assets | 63,186 | 53,095 |
| Liabilities and stockholders' equity | ||
| Current liabilities: | ||
| Short-term debt | 38 | 172 |
| Accounts payable | 2,290 | 1,883 |
| Accrued compensation and benefits | 2,888 | 2,448 |
| Accrued advertising | 1,007 | 773 |
| Deferred income on shipments to distributors | 622 | 593 |
| Other accrued liabilities | 2,482 | 1,722 |
| Total current liabilities | 9,327 | 7,591 |
| Long-term income taxes payable | 190 | 193 |
| Long-term debt | 2,077 | 2,049 |
| Long-term deferred tax liabilities | 926 | 555 |
| Other long-term liabilities | 1,236 | 1,003 |
| Commitments and contingencies (Notes 23 and 29) | ||
| 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; 5,581 issued and 5,511 outstanding (5,523 issued and outstanding in 2009) and capital in excess of par value | 16,178 | 14,993 |
| Accumulated other comprehensive income (loss) | 333 | 393 |
| Retained earnings | 32,919 | 26,318 |
| Total stockholders' equity | 49,430 | 41,704 |
| Total liabilities and stockholders' equity | 63,186 | 53,095 |
| External Links | |
| INTEL CORP (INTC) Fiscal Year 2010 | |
| 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 |