Exhibit 12.1
Intel Corporation |
Statement Setting Forth the Computation |
of Ratios of Earnings to Fixed Charges |
(in millions) |
Three Months Ended |
|
March 31, |
April 1 |
||||
2001 |
2000 |
Income before taxes | $ | 906 |
$ | 3,194 |
|||
Add fixed charges net of capitalized interest | 28 |
23 |
|||||
Income before taxes and fixed charges (net of capitalized interest) |
$ |
|
$ |
|
|||
Fixed charges: | |||||||
Interest | $ | 12 |
$ | 12 |
|||
Capitalized interest | 1 |
2 |
|||||
Estimated interest component of rental expense | 16 |
11 |
|||||
Total | $ | 29 |
$ | 25 |
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Ratio of Earnings before taxes and fixed charges, to fixed charges |
|
|