Notes to Consolidated Financial Statements

Notes to Consolidated Financial Statements

1. Basis of Presentation
2. Accounting Policies
3. Fair Value
4. Trading Assets
5. Available-for-Sale Investments
6. Equity Method and Cost Method Investments
7. Gains (Losses) on Other Equity Investments, Net
8. Derivative Financial Instruments
9. Concentrations of Credit Risk
10. Interest and Other, Net
11. Acquisitions
12. Divestitures
13. Goodwill
14. Identified Intangible Assets
15. Restructuring and Asset Impairment Charges
16. Borrowings
17. Retirement Benefit Plans
18. Commitments
19. Employee Equity Incentive Plans
20. Common Stock Repurchases
21. Earnings Per Share
22. Comprehensive Income
23. Taxes
24. Contingencies
25. Operating Segment and Geographic Information

Note 11: Acquisitions

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Consideration for acquisitions that qualify as business combinations includes the cash paid and the value of any options assumed, less any cash acquired, and excludes contingent employee compensation payable in cash and any debt assumed. During 2008, we completed two acquisitions qualifying as business combinations in exchange for aggregate net cash consideration of $16 million, plus certain liabilities. We allocated all of this consideration to goodwill. See "Note 13: Goodwill" for the goodwill allocation by reportable operating segment.

During 2007, we completed one acquisition qualifying as a business combination in exchange for net cash consideration of $76 million, plus certain liabilities. We allocated a substantial majority of this consideration to goodwill. The acquired business and related goodwill was recorded within the all other category for segment reporting purposes. During 2006, we did not complete any acquisitions qualifying as business combinations.

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