Quarterly report pursuant to Section 13 or 15(d)

Acquisitions (Tables)

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Acquisitions (Tables)
 9 Months Ended
Oct. 01, 2011
Acquisitions (Tables) [Abstract]  
Consideration To Acquire McAfee, Inc. [Table Text Block]

Total consideration to acquire McAfee was $6.7 billion (net of $943 million of cash and cash equivalents acquired) and comprised the following:

(In Millions)    
Cash $ 6,652
Share-based awards assumed   48
Total $ 6,700
Purchase Price Allocation McAfee, Inc. [Table Text Block]

The preliminary fair values of the assets acquired and liabilities assumed by major class in the acquisition of McAfee were recognized as follows:

(In Millions)    
Marketable debt securities $ 329
Goodwill   4,299
Identified intangible assets   3,552
Deferred tax assets   738
Other assets   417
Deferred income   (1,049)
Deferred tax liabilities   (1,191)
Other liabilities   (395)
Total $ 6,700
Schedule Of Intangible Assets Acquired As Part Of Business Combination, McAfee, Inc. [Table Text Block]

The identified intangible assets assumed in the acquisition of McAfee were recognized as follows based upon their fair values as of February 28, 2011:

          Estimated
    Fair Value   Useful Life
    (In Millions)   (In Years)
Developed technology $ 1,221   4
Customer relationships   1,418   2–7
  Total identified intangible assets subject to amortization $ 2,639    
In-process research and development   92    
Trade names   821    
Total identified intangible assets $ 3,552    
Purchase Price Allocation For Series Of Individually Immaterial Business Acquisitions [Table Text Block]

The preliminary fair values of the assets acquired and liabilities assumed by major class in the acquisitions completed during the first nine months of 2011, excluding McAfee, were allocated as follows:

(In Millions)    
Fair value of net tangible assets acquired $ 202
Goodwill   353
Identified intangible assets   1,332
Total $ 1,887
Schedule Of Intangible Assets Acquired As Part Of Business Combination For Series Of Individually Immaterial Business Acquisitions [Table Text Block]

The identified intangible assets assumed in the acquisitions completed during the first nine months of 2011, excluding McAfee, were recognized as follows:

          Estimated
    Fair Value   Useful Life
    (In Millions)   (In Years)
Developed technology $ 1,054   3–9
Customer relationships   116   5–8
Other intangible assets   43   2–5
  Total identified intangible assets subject to amortization $ 1,213    
In-process research and development   119    
Total identified intangible assets $ 1,332    
Business Acquisition, Pro Forma Information [Table Text Block]
  Three Months Ended   Nine Months Ended
  Oct. 1,   Sept. 25,   Oct. 1,   Sept. 25,
(In Millions, Except Per Share Amounts) 2011   2010   2011   2010
Net revenue $ 14,272   $ 12,134   $ 40,803   $ 34,728
Net income $ 3,492   $ 2,939   $ 9,684   $ 8,017
Diluted earnings per share $ 0.65   $ 0.52   $ 1.77   $ 1.41