Consolidated Balance Sheets

December 25, 2010 and December 26, 2009
(In Millions, Except Par Value)
  2010   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
        — 
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 
See accompanying notes.

© 2011 Intel Corporation