Quarterly report pursuant to Section 13 or 15(d)

Other Financial Statement Details

v3.19.2
Other Financial Statement Details
 6 Months Ended
Jun. 29, 2019
Other Financial Statement Details [Abstract]  
Other Financial Statement Details [Text Block]
NOTE 6 :
OTHER FINANCIAL STATEMENT DETAILS

INVENTORIES
(In Millions)
 
Jun 29,
2019
 
Dec 29,
2018
Raw materials
 
$
808

 
$
813

Work in process
 
5,612

 
4,511

Finished goods
 
2,276

 
1,929

Total inventories
 
$
8,696

 
$
7,253


INTEREST AND OTHER, NET
The components of interest and other, net for each period were as follows:
 
 
Three Months Ended
 
Six Months Ended
(In Millions)
 
Jun 29,
2019
 
Jun 30,
2018
 
Jun 29,
2019
 
Jun 30,
2018
Interest income
 
$
125

 
$
108

 
$
260

 
$
199

Interest expense
 
(135
)
 
(116
)
 
(273
)
 
(228
)
Other, net
 
(53
)
 
467

 
(111
)
 
386

Total interest and other, net
 
$
(63
)
 
$
459

 
$
(124
)
 
$
357


Interest expense in the preceding table is net of $120 million of interest capitalized in the second quarter of 2019 and $245 million in the first six months of 2019 ($126 million in the second quarter of 2018 and $239 million in the first six months of 2018). In the second quarter of 2018, we completed the divestiture of Wind River, and recognized a pre-tax gain of $494 million.