Exhibit 12.1
Intel Corporation |
Statement Setting Forth the Computation |
of Ratios of Earnings to Fixed Charges |
(in millions, except ratios) |
Nine Months Ended |
|
Sept. 29, |
Sept. 30, |
||||
2001 |
2000 |
||||
| Income before taxes | $ | 1,389 |
$ | 11,766 |
|||
| Add fixed charges net of capitalized interest | 91 |
62 |
|||||
| Income before taxes and fixed charges (net of capitalized interest) |
$ |
|
$ |
|
|||
| Fixed charges: | |||||||
| Interest | $ | 41 |
$ | 26 |
|||
| Capitalized interest | 5 |
5 |
|||||
| Estimated interest component of rental expense | 50 |
36 |
|||||
| Total | $ | 96 |
$ | 67 |
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| Ratio of earnings before taxes and fixed charges, to fixed charges |
|
|
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