Quarterly report pursuant to Section 13 or 15(d)

Other Financial Statement Details

v3.19.3
Other Financial Statement Details
 9 Months Ended
Sep. 28, 2019
Other Financial Statement Details [Abstract]  
Other Financial Statement Details [Text Block]
NOTE 6 :
OTHER FINANCIAL STATEMENT DETAILS

INVENTORIES
(In Millions)
 
Sep 28,
2019
 
Dec 29,
2018
Raw materials
 
$
803

 
$
813

Work in process
 
5,945

 
4,511

Finished goods
 
1,890

 
1,929

Total inventories
 
$
8,638

 
$
7,253


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 28,
2019
 
Sep 29,
2018
 
Sep 28,
2019
 
Sep 29,
2018
Interest income
 
$
114

 
$
109

 
$
374

 
$
308

Interest expense
 
(107
)
 
(109
)
 
(381
)
 
(337
)
Other, net
 
(53
)
 
(132
)
 
(163
)
 
254

Total interest and other, net
 
$
(46
)
 
$
(132
)
 
$
(170
)
 
$
225


Interest expense in the preceding table is net of $122 million of interest capitalized in the third quarter of 2019 and $366 million in the first nine months of 2019 ($142 million in the third quarter of 2018 and $381 million in the first nine 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.