Intel Corporation Annual report pursuant to Section 13 and 15(d)

Annual report pursuant to Section 13 and 15(d)

Fair Value (Tables)

Fair Value (Tables)

12 Months Ended

Dec. 28, 2019

Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis [Table Text Block]

ASSETS AND LIABILITIES MEASURED AND RECORDED AT FAIR VALUE ON A RECURRING BASIS



	December 28, 2019								December 29, 2018
	Fair Value Measured and Recorded at Reporting Date Using						Total		Fair Value Measured and Recorded at Reporting Date Using						Total
(In Millions)	Level 1		Level 2		Level 3		Total		Level 1		Level 2		Level 3		Total
Assets
Cash equivalents:
Corporate debt	$	—	$	713	$	—	$	713	$	—	$	262	$	—	$	262
Financial institution instruments¹	1,064		408		—		1,472		550		183		—		733
Reverse repurchase agreements	—		1,500		—		1,500		—		1,850		—		1,850
Short-term investments:
Corporate debt	—		347		—		347		—		937		—		937
Financial institution instruments¹	—		724		—		724		—		1,423		—		1,423
Government debt²	—		11		—		11		—		428		—		428
Trading assets:
Corporate debt	—		2,848		—		2,848		—		2,635		—		2,635
Financial institution instruments¹	87		1,578		—		1,665		67		1,273		—		1,340
Government debt²	—		3,334		—		3,334		—		1,868		—		1,868
Other current assets:
Derivative assets	50		230		—		280		—		180		—		180
Loans receivable³	—		—		—		—		—		354		—		354
Marketable equity securities	450		—		—		450		1,440		—		—		1,440
Other long-term investments:
Corporate debt	—		1,898		—		1,898		—		1,843		—		1,843
Financial institution instruments¹	—		825		—		825		—		912		—		912
Government debt²	—		553		—		553		—		633		—		633
Other long-term assets:
Derivative assets	—		690		16		706		—		100		—		100
Loans receivable³	—		554		—		554		—		229		—		229
Total assets measured and recorded at fair value	$	1,651	$	16,213	$	16	$	17,880	$	2,057	$	15,110	$	—	$	17,167
Liabilities
Other accrued liabilities:
Derivative liabilities	$	3	$	287	$	—	$	290	$	—	$	412	$	—	$	412
Other long-term liabilities:
Derivative liabilities	—		13		—		13		—		415		68		483
Total liabilities measured and recorded at fair value	$	3	$	300	$	—	$	303	$	—	$	827	$	68	$	895


¹	Level 1 investments in financial institution instruments consist of money market funds. Level 2 investments consist primarily of commercial paper, certificates of deposit, time deposits, and notes and bonds issued by financial institutions.


²	Level 2 investments in government debt consist primarily of U.S. agency notes and non-U.S. government debt.


³	The fair value of our loans receivable for which we elected the fair value option did not significantly differ from the contractual principal balance based on the contractual currency.