Exhibit 12.1
Intel Corporation |
Statement Setting Forth the Computation |
of Ratios of Earnings to Fixed Charges |
(in millions) |
Six Months Ended |
|
June 30, |
July 1, |
||||
2001 |
2000 |
||||
Income before taxes | $ | 1,252 |
$ | 7,943 |
|
Add fixed charges net of capitalized interest | 57 |
44 |
|||
Income before taxes and fixed charges (net of capitalized interest) |
$ |
|
$ |
|
|
Fixed charges: | |||||
Interest | $ | 25 |
$ | 21 |
|
Capitalized interest | 3 |
4 |
|||
Estimated interest component of rental expense | 32 |
23 |
|||
Total | $ | 60 |
$ | 48 |
|
Ration of Earnings before taxes and fixed charges, to fixed charges |
|
|