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: 2017 | |||
Consolidated Statements of Income | |||
Period Ending Dec 30, 2017 10-K (Filed: Feb 16, 2018) | |||
| (In Millions) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| Dec 30, 2017 | Dec 31, 2016 | Dec 26, 2015 | |
| Net revenue | $ 62,761 | 59,387 | 55,355 |
| Cost of sales | 23,692 | 23,196 | 20,676 |
| Gross margin | 39,069 | 36,191 | 34,679 |
| Research and development | 13,098 | 12,740 | 12,128 |
| Marketing, general and administrative | 7,474 | 8,397 | 7,930 |
| Restructuring and other charges | 384 | 1,886 | 354 |
| Depreciation, Depletion and Amortization, Nonproduction | 177 | 294 | 265 |
| Operating expenses | 21,133 | 23,317 | 20,677 |
| Operating income | 17,936 | 12,874 | 14,002 |
| Gains (losses) on equity investments, net | 2,651 | 506 | 315 |
| Nonoperating Income (Expense) | (235) | (444) | (105) |
| Income before taxes | 20,352 | 12,936 | 14,212 |
| Provision for taxes | 10,751 | 2,620 | 2,792 |
| Net income | 9,601 | 10,316 | 11,420 |
| Earnings per share - Basic | 2.04 | 2.18 | 2.41 |
| Earnings per share - Diluted | 1.99 | 2.12 | 2.33 |
| Weighted average shares of common stock outstanding: | |||
| Basic (shares) | 4,701 | 4,730 | 4,742 |
| Diluted (shares) | 4,835 | 4,875 | 4,894 |
10-K.Info (Beta Test) Courtesy of Short Sands, LLC | |||
INTEL CORP | |||
Ticker: INTC Fiscal Year: 2017 | |||
Consolidated Statements of Comprehensive Income | |||
Period Ending Dec 30, 2017 10-K (Filed: Feb 16, 2018) | |||
| (In Millions, except shares in actual) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| Dec 30, 2017 | Dec 31, 2016 | Dec 26, 2015 | |
| Net income | $ 9,601 | 10,316 | 11,420 |
| Other comprehensive income, net of tax: | |||
| Net unrealized holding gains (losses) on available-for-sale investments | (436) | 415 | (710) |
| Net unrealized holding gains (losses) on available-for-sale investments | 0 | (8) | (18) |
| Net unrealized holding gains (losses) on derivatives | 365 | 7 | 157 |
| Actuarial valuation and other pension expenses | 317 | (364) | 135 |
| Net foreign currency translation adjustment | 510 | (4) | (170) |
| Other comprehensive income (loss) | 756 | 46 | (606) |
| Total comprehensive income | 10,357 | 10,362 | 10,814 |
10-K.Info (Beta Test) Courtesy of Short Sands, LLC | |||
INTEL CORP | |||
Ticker: INTC Fiscal Year: 2017 | |||
Consolidated Statements of Cash Flows | |||
Period Ending Dec 30, 2017 10-K (Filed: Feb 16, 2018) | |||
| (In Millions, except shares in actual) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| Dec 30, 2017 | Dec 31, 2016 | Dec 26, 2015 | |
| Cash and cash equivalents, beginning of period | $ 5,560 | 15,308 | |
| Cash flows provided by (used for) operating activities: | |||
| Net income | 9,601 | 10,316 | 11,420 |
| Adjustments to reconcile net income to net cash provided by operating activities: | |||
| Depreciation | 6,752 | 6,266 | 7,821 |
| Share-based compensation | 1,358 | 1,444 | 1,305 |
| Restructuring and other charges | 384 | 1,886 | 354 |
| Amortization of intangibles | 1,377 | 1,524 | 890 |
| Gain (Loss) on Sale of Equity Investments | 2,583 | 432 | 263 |
| Gain (Loss) on Extinguishment of Debt | 476 | 0 | 0 |
| Disposal Group, Not Discontinued Operation, Gain (Loss) on Disposal | 387 | 0 | 0 |
| Deferred taxes | 1,548 | 257 | (1,270) |
| Changes in assets and liabilities:1 | |||
| Accounts receivable | (781) | 65 | (355) |
| Inventories | (1,300) | 119 | (764) |
| Accounts payable | 191 | 182 | (312) |
| Accrued compensation and benefits | (73) | (1,595) | (711) |
| Income taxes payable and receivable | 5,230 | 1,382 | 386 |
| Other assets and liabilities | 317 | 394 | 517 |
| Total adjustments | 12,509 | 11,492 | 7,598 |
| Net cash provided by operating activities | 22,110 | 21,808 | 19,018 |
| Cash flows provided by (used for) investing activities: | |||
| Additions to property, plant and equipment | (11,778) | (9,625) | (7,326) |
| Acquisitions, net of cash acquired | (14,499) | (15,470) | (913) |
| Purchases of available-for-sale investments | (2,764) | (9,269) | (8,259) |
| Sales of available-for-sale investments | 6,978 | 3,852 | 2,090 |
| Maturities of available-for-sale investments | 3,687 | 5,654 | 6,168 |
| Purchases of trading assets | (13,700) | (12,237) | (11,485) |
| Maturities and sales of trading assets | 13,975 | 10,907 | 13,372 |
| Investments in non-marketable equity investments | (1,601) | (963) | (2,011) |
| Proceeds from Divestiture of Businesses | 3,124 | 0 | 0 |
| Other investing | 816 | 1,334 | 181 |
| Net cash used for investing activities | (15,762) | (25,817) | (8,183) |
| Cash flows provided by (used for) financing activities: | |||
| Issuance of long-term debt, net of issuance costs | 7,716 | 2,734 | 9,476 |
| Repayments of Long-term Debt | (8,080) | (1,500) | 0 |
| Proceeds from sales of common stock through employee equity incentive plans | 770 | 1,108 | 866 |
| Repurchase of common stock | (3,615) | (2,587) | (3,001) |
| Payment of dividends to stockholders | (5,072) | (4,925) | (4,556) |
| Other financing | (194) | (569) | (873) |
| Net cash provided by (used for) financing activities | (8,475) | (5,739) | 1,912 |
| Net increase (decrease) in cash and cash equivalents | (2,127) | (9,748) | 12,747 |
| Cash and cash equivalents, end of period | 3,433 | 5,560 | 15,308 |
| Supplemental disclosures: | |||
| Acquisitions of property, plant, and equipment included in accounts payable and accrued liabilities | 1,417 | 979 | 392 |
| Transfer to Investments | 1,078 | 0 | 0 |
| Interest, net of capitalized interest and interest rate swap payments/receipts | 624 | 682 | 186 |
| Income taxes, net of refunds | 3,824 | 877 | 3,439 |
10-K.Info (Beta Test) Courtesy of Short Sands, LLC | ||
INTEL CORP | ||
Ticker: INTC Fiscal Year: 2017 | ||
Consolidated Balance Sheets | ||
Period Ending Dec 30, 2017 10-K (Filed: Feb 16, 2018) | ||
| (In Millions, except shares in actual) | ||
| As of | As of | |
| Dec 30, 2017 | Dec 31, 2016 | |
| Assets | ||
| Current assets: | ||
| Cash and cash equivalents | $ 3,433 | 5,560 |
| Short-term investments | 1,814 | 3,225 |
| Trading assets | 8,755 | 8,314 |
| Accounts receivable, net of allowance for doubtful accounts of $25 ($37 in 2016) | 5,607 | 4,690 |
| Inventories | 6,983 | 5,553 |
| Assets held for sale | 0 | 5,210 |
| Other current assets | 2,908 | 2,956 |
| Total current assets | 29,500 | 35,508 |
| Property, plant and equipment, net | 41,109 | 36,171 |
| Marketable equity securities | 4,192 | 6,180 |
| Other long-term investments | 3,712 | 4,716 |
| Goodwill | 24,389 | 14,099 |
| Identified intangible assets, net | 12,745 | 9,494 |
| Other long-term assets | 7,602 | 7,159 |
| Total assets | 123,249 | 113,327 |
| Liabilities, temporary equity, and stockholders equity | ||
| Current liabilities: | ||
| Short-term debt | 1,776 | 4,634 |
| Accounts payable | 2,928 | 2,475 |
| Accrued compensation and benefits | 3,526 | 3,465 |
| Deferred income | 1,656 | 1,718 |
| Liabilities held for sale | 0 | 1,920 |
| Other accrued liabilities | 7,535 | 6,090 |
| Total current liabilities | 17,421 | 20,302 |
| Long-term debt | 25,037 | 20,649 |
| Long-term deferred tax liabilities | 3,046 | 1,730 |
| Other long-term liabilities | 7,860 | 3,538 |
| Commitments and Contingencies (Note 20) | ||
| Temporary equity | 866 | 882 |
| 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; 4,687 shares issued and outstanding (4,730 issued and outstanding in 2016) and capital in excess of par value | 26,074 | 25,373 |
| Accumulated other comprehensive income (loss) | 862 | 106 |
| Retained earnings | 42,083 | 40,747 |
| Total stockholders equity | 69,019 | 66,226 |
| Total liabilities, temporary equity, and stockholders equity | 123,249 | 113,327 |
| External Links | |
| INTEL CORP (INTC) Fiscal Year 2017 | |
| 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 |