Quarterly report pursuant to Section 13 or 15(d)

Interest and Other, Net

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Interest and Other, Net
9 Months Ended
Oct. 01, 2011
Interest and Other, Net [Abstract]  
Interest and Other, Net [Text Block]

Note 14: Interest and Other, Net

 

The components of interest and other, net were as follows:

  Three Months Ended   Nine Months Ended
  Oct. 1,   Sept. 25,   Oct. 1,   Sept. 25,
(In Millions) 2011   2010   2011   2010
Interest income $ 22   $ 35   $ 70   $ 90
Interest expense           (6)    
Other, net   (7)     3     157     (12)
Total interest and other, net $ 15   $ 38   $ 221   $ 78

In the first quarter of 2011, we recognized a gain upon formation of the Intel and GE joint venture, Care Innovations, of $164 million, included within “other, net,” in the table above. See “Note 11: Equity Method Investments,” for further information.