Annual report pursuant to Section 13 and 15(d)

Interest and Other, Net

v2.4.0.8
Interest and Other, Net
 12 Months Ended
Dec. 28, 2013
Interest and Other, Net [Abstract]  
Interest and Other, Net [Text Block]
Note 22: Interest and Other, Net
The components of interest and other, net for each period were as follows:
(In Millions)
 
2013
 
2012
 
2011
Interest income
 
$
104

 
$
97

 
$
98

Interest expense
 
(244
)
 
(90
)
 
(41
)
Other, net
 
(11
)
 
87

 
135

Total interest and other, net
 
$
(151
)
 
$
94

 
$
192


Interest expense in the preceding table is net of $246 million of interest capitalized in 2013 ($240 million in 2012 and $150 million in 2011). In 2011, we recognized a gain upon forming the Intel and GE joint venture, Care Innovations, of $164 million, which is included within “other, net,” in the preceding table. For further information, see “Note 5: Cash and Investments.”