Quarterly report pursuant to Section 13 or 15(d)

Other Financial Statement Details

v3.10.0.1
Other Financial Statement Details
 9 Months Ended
Sep. 29, 2018
Other Financial Statement Details [Abstract]  
Other Financial Statement Details [Text Block]
NOTE 6: OTHER FINANCIAL STATEMENT DETAILS
INVENTORIES
(In Millions)
 
Sep 29,
2018
 
Dec 30,
2017
Raw materials
 
$
932

 
$
738

Work in process
 
4,507

 
4,213

Finished goods
 
1,962

 
2,032

Total inventories
 
$
7,401

 
$
6,983

INTEREST AND OTHER, NET
The components of interest and other, net for each period were as follows:
 
 
Three Months Ended
 
Nine Months Ended
(In Millions)
 
Sep 29,
2018
 
Sep 30,
2017
 
Sep 29,
2018
 
Sep 30,
2017
Interest income
 
$
109

 
$
137

 
$
308

 
$
349

Interest expense
 
(109
)
 
(191
)
 
(337
)
 
(493
)
Other, net
 
(132
)
 
(3
)
 
254

 
406

Total interest and other, net
 
$
(132
)
 
$
(57
)
 
$
225

 
$
262


Interest expense in the preceding table is net of $142 million of interest capitalized in the third quarter of 2018 and $381 million in the first nine months of 2018 ($77 million in the third quarter of 2017 and $212 million in the first nine months of 2017).
In the second quarter of 2018, we completed the divestiture of Wind River Systems, Inc. and recognized a pre-tax gain of $494 million. For the first nine months of 2018, we have settled conversion requests for our 2039 convertible debentures totaling $793 million in principal, resulting in a cumulative loss of $211 million.