Annual report pursuant to Section 13 and 15(d)

Acquisitions & Divestitures (Tables)

v3.8.0.1
Acquisitions & Divestitures (Tables)
12 Months Ended
Dec. 30, 2017
Mobileye N.V. [Member]  
Business Acquisition [Line Items]  
Schedule of Recognized Identified Assets Acquired and Liabilities Assumed [Table Text Block]
The preliminary fair values of the assets acquired and liabilities assumed in the acquisition of Mobileye, by major class, were recognized as follows:
(In Millions)
 
 
Short-term investments and marketable securities
 
$
370

Tangible assets
 
227

Goodwill
 
10,278

Identified intangible assets
 
4,482

Current liabilities
 
(69
)
Deferred tax liabilities and other
 
(418
)
Noncontrolling interest
 
(375
)
Total
 
$
14,495

Finite-Lived and Indefinite-Lived Intangible Assets Acquired as Part of Business Combination [Table Text Block]
The identified intangible assets assumed in the acquisition of Mobileye were recognized as follows:
 
 
Fair Value
(In Millions)
 
Weighted Average
Estimated Useful Life
(In Years)
Developed technology
 
$
2,346

 
9
Customer relationships
 
713

 
12
Brands
 
64

 
10
Identified intangible assets subject to amortization
 
3,123

 
 
In-process research and development
 
1,359

 
 
Identified intangible assets not subject to amortization
 
1,359

 
 
Total identified intangible assets
 
$
4,482

 
 
Altera Corporation [Member]  
Business Acquisition [Line Items]  
Schedule of Recognized Identified Assets Acquired and Liabilities Assumed [Table Text Block]
The fair values of the assets acquired and liabilities assumed in the acquisition of Altera, by major class, were recognized as follows:
(In Millions)
 
 
Short-term investments
 
$
182

Receivables
 
368

Inventory
 
555

Other current assets
 
123

Property, plant and equipment
 
312

Goodwill
 
5,448

Identified intangible assets
 
7,566

Other long-term investments and assets
 
2,515

Deferred income
 
(351
)
Other liabilities
 
(283
)
Long-term debt
 
(1,535
)
Deferred tax liabilities
 
(449
)
Total
 
$
14,451

Finite-Lived and Indefinite-Lived Intangible Assets Acquired as Part of Business Combination [Table Text Block]
The identified intangible assets assumed in the acquisition of Altera were recognized as follows based upon their fair values as of December 28, 2015:
 
 
Fair Value
(In Millions)
 
Weighted Average Estimated Useful Life
(In Years)
Developed technology
 
$
5,757

 
9
Customer relationships
 
1,121

 
12
Brands
 
87

 
6
Identified intangible assets subject to amortization
 
6,965

 
 
In-process research and development
 
601

 
 
Identified intangible assets not subject to amortization
 
601

 
 
Total identified intangible assets
 
$
7,566