Intel Corporation Quarterly report pursuant to Section 13 or 15(d)

Quarterly report pursuant to Section 13 or 15(d)

Deferred Income

Deferred Income

9 Months Ended

Oct. 01, 2016

Deferred Revenue [Abstract]

Deferred Income [Text Block]

Note 13: Deferred Income

Deferred income at the end of each period was as follows:



(In Millions)	Oct 1, 2016		Dec 26, 2015
Deferred income on shipments of components to distributors	$	1,553	$	920
Deferred income from software, services and other	171		1,268
Current deferred income	1,724		2,188
Non-current deferred income from software, services and other	63		530
Total deferred income	$	1,787	$	2,718

We classify non-current deferred income from software, services and other within other long-term liabilities on the consolidated condensed balance sheets.

We reclassified the carrying amounts of current and non-current deferred income associated with ISecG as liabilities held for sale. For further information, see "Note 8: Acquisitions and Divestitures."

- Definition

The entire disclosure for deferred revenues at the end of the reporting period, and description and amounts of significant changes that occurred during the reporting period. Deferred revenue is a liability as of the balance sheet date related to a revenue producing activity for which revenue has not yet been recognized. Generally, an entity records deferred revenue when it receives consideration from a customer before achieving certain criteria that must be met for revenue to be recognized in conformity with GAAP.

+ References + Details