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: 2018 | |||
Consolidated Statements of Income | |||
Period Ending Dec 29, 2018 10-K (Filed: Feb 1, 2019) | |||
| (In Millions) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| Dec 29, 2018 | Dec 30, 2017 | Dec 31, 2016 | |
| Net revenue | $ 70,848 | 62,761 | 59,387 |
| Cost of sales | 27,111 | 23,663 | 23,154 |
| Gross margin | 43,737 | 39,098 | 36,233 |
| Research and development | 13,543 | 13,035 | 12,685 |
| Marketing, general and administrative | 6,750 | 7,452 | 8,377 |
| Restructuring and other charges | (72) | 384 | 1,744 |
| Amortization of acquisition-related intangibles | 200 | 177 | 294 |
| Operating expenses | 20,421 | 21,048 | 23,100 |
| Operating income | 23,316 | 18,050 | 13,133 |
| Gains (losses) on equity investments, net | (125) | 2,651 | 506 |
| Interest and other, net | 126 | (349) | (703) |
| Income before taxes | 23,317 | 20,352 | 12,936 |
| Provision for taxes | 2,264 | 10,751 | 2,620 |
| Net income | 21,053 | 9,601 | 10,316 |
| Earnings per share - Basic | 4.57 | 2.04 | 2.18 |
| Earnings per share - Diluted | 4.48 | 1.99 | 2.12 |
| Weighted average shares of common stock outstanding: | |||
| Basic (shares) | 4,611 | 4,701 | 4,730 |
| Diluted (shares) | 4,701 | 4,835 | 4,875 |
10-K.Info (Beta Test) Courtesy of Short Sands, LLC | |||
INTEL CORP | |||
Ticker: INTC Fiscal Year: 2018 | |||
Consolidated Statements of Comprehensive Income | |||
Period Ending Dec 29, 2018 10-K (Filed: Feb 1, 2019) | |||
| (In Millions, except shares in actual) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| Dec 29, 2018 | Dec 30, 2017 | Dec 31, 2016 | |
| Net income | $ 21,053 | 9,601 | 10,316 |
| Other comprehensive income, net of tax: | |||
| Net unrealized holding gains (losses) on available-for-sale equity investments | 0 | (434) | 415 |
| Net unrealized holding gains (losses) on derivatives | (253) | 365 | 7 |
| Actuarial valuation and other pension benefits (expenses), net | 210 | 317 | (364) |
| Translation adjustments and other | (3) | 508 | (12) |
| Other comprehensive income (loss) | (46) | 756 | 46 |
| Total comprehensive income | 21,007 | 10,357 | 10,362 |
10-K.Info (Beta Test) Courtesy of Short Sands, LLC | |||
INTEL CORP | |||
Ticker: INTC Fiscal Year: 2018 | |||
Consolidated Statements of Cash Flows | |||
Period Ending Dec 29, 2018 10-K (Filed: Feb 1, 2019) | |||
| (In Millions, except shares in actual) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| Dec 29, 2018 | Dec 30, 2017 | Dec 31, 2016 | |
| Cash and cash equivalents, beginning of period | $ 3,433 | 5,560 | |
| Cash flows provided by (used for) operating activities: | |||
| Net income | 21,053 | 9,601 | 10,316 |
| Adjustments to reconcile net income to net cash provided by operating activities: | |||
| Depreciation | 7,520 | 6,752 | 6,266 |
| Share-based compensation | 1,546 | 1,358 | 1,444 |
| Amortization of intangibles | 1,565 | 1,377 | 1,524 |
| (Gains) losses on equity investments, net | (155) | 2,583 | 432 |
| Loss on debt conversion and extinguishment | 260 | 476 | 0 |
| Disposal Group, Not Discontinued Operation, Gain (Loss) on Disposal | 497 | 387 | 0 |
| Deferred taxes | (1,749) | 1,548 | 257 |
| Changes in assets and liabilities: | |||
| Accounts receivable | (1,714) | (781) | 65 |
| Inventories | (214) | (1,300) | 119 |
| Accounts payable | 211 | 191 | 182 |
| Accrued compensation and benefits | (260) | 311 | 291 |
| Customer deposits and prepaid supply agreements | 1,367 | 1,105 | 0 |
| Income taxes payable and receivable | 148 | 5,230 | 1,382 |
| Other assets and liabilities | 41 | (788) | 394 |
| Total adjustments | 8,379 | 12,509 | 11,492 |
| Net cash provided by operating activities | 29,432 | 22,110 | 21,808 |
| Cash flows provided by (used for) investing activities: | |||
| Additions to property, plant and equipment | (15,181) | (11,778) | (9,625) |
| Acquisitions, net of cash acquired | (190) | (14,499) | (15,470) |
| Purchases of available-for-sale debt investments | (3,843) | (2,746) | (9,269) |
| Sales of available-for-sale debt investments | 195 | 1,833 | 2,847 |
| Maturities of available-for-sale debt investments | 2,968 | 3,687 | 5,654 |
| Purchases of trading assets | (9,503) | (13,700) | (12,237) |
| Maturities and sales of trading assets | 12,111 | 13,970 | 10,898 |
| Purchases of equity investments | (874) | (1,619) | (963) |
| Proceeds from Equity Method Investment, Distribution, Return of Capital | 2,802 | 5,236 | 1,080 |
| Proceeds from Divestiture of Businesses | 548 | 3,124 | 0 |
| Other investing | (272) | 730 | 1,268 |
| Net cash used for investing activities | (11,239) | (15,762) | (25,817) |
| Cash flows provided by (used for) financing activities: | |||
| Proceeds from (Repayments of) Short-term Debt | 460 | 12 | (15) |
| Issuance of long-term debt, net of issuance costs | 423 | 7,716 | 2,734 |
| Repayments of Long-term Debt | (3,026) | (8,080) | (1,500) |
| Proceeds from sales of common stock through employee equity incentive plans | 555 | 770 | 1,108 |
| Repurchase of common stock | (10,730) | (3,615) | (2,587) |
| Payment of dividends to stockholders | (5,541) | (5,072) | (4,925) |
| Other financing | (748) | (206) | (554) |
| Net cash provided by (used for) financing activities | (18,607) | (8,475) | (5,739) |
| Net increase (decrease) in cash and cash equivalents | (414) | (2,127) | (9,748) |
| Cash and cash equivalents, end of period | 3,019 | 3,433 | 5,560 |
| Supplemental disclosures: | |||
| Acquisitions of property, plant, and equipment included in accounts payable and accrued liabilities | 2,340 | 1,417 | 979 |
| Transfer to Investments | 0 | 1,078 | 0 |
| Interest, net of capitalized interest | 448 | 624 | 682 |
| Income taxes, net of refunds | 3,813 | 3,824 | 877 |
10-K.Info (Beta Test) Courtesy of Short Sands, LLC | ||
INTEL CORP | ||
Ticker: INTC Fiscal Year: 2018 | ||
Consolidated Balance Sheets | ||
Period Ending Dec 29, 2018 10-K (Filed: Feb 1, 2019) | ||
| (In Millions, except shares in actual) | ||
| As of | As of | |
| Dec 29, 2018 | Dec 30, 2017 | |
| Assets | ||
| Current assets: | ||
| Cash and cash equivalents | $ 3,019 | 3,433 |
| Short-term investments | 2,788 | 1,814 |
| Trading assets | 5,843 | 8,755 |
| Accounts receivable, net of allowance for doubtful accounts of $33 ($25 in 2017) | 6,722 | 5,607 |
| Inventories | 7,253 | 6,983 |
| Other current assets | 3,162 | 2,908 |
| Total current assets | 28,787 | 29,500 |
| Property, plant and equipment, net | 48,976 | 41,109 |
| Equity investments | 6,042 | 8,579 |
| Other long-term investments | 3,388 | 3,712 |
| Goodwill | 24,513 | 24,389 |
| Identified intangible assets, net | 11,836 | 12,745 |
| Other long-term assets | 4,421 | 3,215 |
| Total assets | 127,963 | 123,249 |
| Liabilities, temporary equity, and stockholders equity | ||
| Current liabilities: | ||
| Short-term debt | 1,261 | 1,776 |
| Accounts payable | 3,824 | 2,928 |
| Accrued compensation and benefits | 3,622 | 3,526 |
| Deferred income | 0 | 1,656 |
| Other accrued liabilities | 7,919 | 7,535 |
| Total current liabilities | 16,626 | 17,421 |
| Debt | 25,098 | 25,037 |
| Contract Liabilities | 2,049 | 0 |
| Income taxes payable, non-current | 4,897 | 4,069 |
| Deferred income taxes | 1,665 | 3,046 |
| Other long-term liabilities | 2,646 | 3,791 |
| Commitments and Contingencies (Note 21) | ||
| Temporary equity | 419 | 866 |
| 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; 4,516 shares issued and outstanding (4,687 issued and outstanding in 2017) and capital in excess of par value | 25,365 | 26,074 |
| Accumulated other comprehensive income (loss) | (974) | 862 |
| Retained earnings | 50,172 | 42,083 |
| Total stockholders equity | 74,563 | 69,019 |
| Total liabilities, temporary equity, and stockholders equity | 127,963 | 123,249 |
| External Links | |
| INTEL CORP (INTC) Fiscal Year 2018 | |
| 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 |