Exhibit 12.1
INTEL CORPORATION
STATEMENT SETTING FORTH THE COMPUTATION
OF RATIOS OF EARNINGS TO FIXED CHARGES
(Dollars in millions)
| Six Months Ended | ||||||
| July 2, 2005 |
June 26, 2004 | |||||
| Income before taxes |
$ | 5,905 | $ | 4,964 | ||
| Add fixed charges |
33 | 52 | ||||
| Income before taxes and fixed charges |
$ | 5,938 | $ | 5,016 | ||
| Fixed charges: |
||||||
| Interest |
$ | 7 | $ | 33 | ||
| Estimated interest component of rental expense |
26 | 19 | ||||
| Total |
$ | 33 | $ | 52 | ||
| Ratio of earnings before taxes and fixed charges, to fixed charges |
180 | 96 | ||||