Exhibit 12
INTEL CORPORATION
STATEMENT SETTING FORTH THE COMPUTATION
OF RATIOS OF EARNINGS TO FIXED CHARGES FOR INTEL CORPORATION
(In millions, except ratios)
|
Years Ended |
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---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|
Dec. 28, 1996 |
Dec. 27, 1997 |
Dec. 26, 1998 |
Dec. 25, 1999 |
Dec. 30, 2000 |
||||||||||
Income before taxes | $ | 7,934 | $ | 10,659 | $ | 9,137 | $ | 11,228 | $ | 15,141 | |||||
AddFixed charges net of capitalized interest | 41 | 43 | 49 | 63 | 82 | ||||||||||
Income before taxes and fixed charges (net of capitalized interest) | $ | 7,975 | $ | 10,702 | $ | 9,186 | $ | 11,291 | $ | 15,223 | |||||
Fixed charges: | |||||||||||||||
Interest | $ | 25 | $ | 27 | $ | 34 | $ | 36 | $ | 35 | |||||
Capitalized interest | 33 | 9 | 6 | 5 | 7 | ||||||||||
Estimated interest component of rental expense | 16 | 16 | 15 | 27 | 47 | ||||||||||
Total | $ | 74 | $ | 52 | $ | 55 | $ | 68 | $ | 89 | |||||
Ratio of earnings before taxes and fixed charges, to fixed charges | 108x | 206x | 167x | 166x | 171x |