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: 2022 | |||
Consolidated Statements of Cash Flows | |||
Period Ending Dec 31, 2022 10-K (Filed: Jan 27, 2023) | |||
| (In Millions, except shares in actual) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| Dec 31, 2022 | Dec 25, 2021 | Dec 26, 2020 | |
| Cash and cash equivalents, beginning of period | $ 4,827 | 5,865 | |
| Cash flows provided by (used for) operating activities: | |||
| Net income | 8,017 | 19,868 | 20,899 |
| Adjustments to reconcile net income to net cash provided by operating activities: | |||
| Depreciation | 11,128 | 9,953 | 10,482 |
| Share-based compensation | 3,128 | 2,036 | 1,854 |
| Restructuring and other charges | 1,074 | 2,626 | 198 |
| Amortization of intangibles | 1,907 | 1,839 | 1,757 |
| (Gains) losses on equity investments, net | (4,254) | (1,458) | (1,757) |
| (Gains) losses on divestitures | (1,059) | 0 | (30) |
| Changes in assets and liabilities: | |||
| Accounts receivable | 5,327 | (2,674) | 883 |
| Inventories | (2,436) | (2,339) | (687) |
| Accounts payable | (29) | 1,190 | 405 |
| Accrued compensation and benefits | (1,533) | 515 | 348 |
| Customer deposits and prepaid supply agreements | (24) | (1,583) | (181) |
| Income taxes | (4,535) | (441) | 1,620 |
| Other assets and liabilities | (1,278) | (76) | 73 |
| Total adjustments | 7,416 | 9,588 | 14,965 |
| Net cash provided by operating activities | 15,433 | 29,456 | 35,864 |
| Cash flows provided by (used for) investing activities: | |||
| Additions to property, plant and equipment | (24,844) | (18,733) | (14,259) |
| Additions to held for sale NAND property, plant, and equipment | 206 | 1,596 | 194 |
| Purchase of short-term investments | (43,647) | (40,554) | (29,239) |
| Maturities and sales of short-term investments | 48,730 | 35,299 | 22,158 |
| Purchases of equity investments | (510) | (613) | (720) |
| Sales of equity investments | 4,961 | 581 | 910 |
| Proceeds from divestitures | 6,579 | 0 | 123 |
| Other investing | (1,540) | 1,167 | (303) |
| Net cash used for investing activities | (10,477) | (24,449) | (21,524) |
| Cash flows provided by (used for) financing activities: | |||
| Issuance of commercial paper, net of issuance costs | 3,945 | 0 | 0 |
| Payments on finance leases | (345) | 0 | 0 |
| Partner contributions | 874 | 0 | 0 |
| Proceeds from Mobileye IPO | 1,032 | 0 | 0 |
| Issuance of term debt, net of issuance costs | 6,548 | 4,974 | 10,247 |
| Repayments of Long-term Debt | (4,984) | (2,500) | (4,525) |
| Proceeds from sales of common stock through employee equity incentive plans | 977 | 1,020 | 897 |
| Repurchase of common stock | 0 | (2,415) | (14,229) |
| Payment of dividends to stockholders | (5,997) | (5,644) | (5,568) |
| Other financing | (689) | (1,480) | 509 |
| Net cash provided by (used for) financing activities | 1,361 | (6,045) | (12,669) |
| Net increase (decrease) in cash and cash equivalents | 6,317 | (1,038) | 1,671 |
| Cash and cash equivalents, end of period | 11,144 | 4,827 | 5,865 |
| Supplemental disclosures: | |||
| Acquisition of property, plant and equipment included in accounts payable and accrued liabilities | 5,431 | 1,619 | 2,973 |
| Interest, net of capitalized interest | 459 | 545 | 594 |
| Income taxes, net of refunds | 4,282 | 2,263 | 2,436 |
| External Links | |
| INTEL CORP (INTC) Fiscal Year 2022 | |
| 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 |