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

Annual report pursuant to Section 13 and 15(d)

Derivative Financial Instruments (Tables)

Derivative Financial Instruments (Tables)

12 Months Ended

Dec. 28, 2013

Derivative Financial Instruments (Tables) [Abstract]

Schedule of Notional Amounts of Outstanding Derivative Positions [Table Text Block]

Total gross notional amounts for outstanding derivatives (recorded at fair value) at the end of each period were as follows:



(In Millions)	Dec 28, 2013		Dec 29, 2012		Dec 31, 2011
Currency forwards	$	13,404	$	13,117	$	11,203
Currency interest rate swaps	4,377		2,711		1,650
Embedded debt derivatives	3,600		3,600		3,600
Interest rate swaps	1,377		1,101		1,837
Total return swaps	914		807		761
Other	67		127		182
Total	$	23,739	$	21,463	$	19,233

The gross notional amounts for currency forwards and currency interest rate swaps (presented by currency) at the end of each period were as follows:



(In Millions)	Dec 28, 2013		Dec 29, 2012		Dec 31, 2011
British pound sterling	$	549	$	308	$	459
Chinese yuan	1,116		647		688
Euro	6,874		5,994		3,904
Israeli shekel	2,244		2,256		2,168
Japanese yen	4,116		4,389		3,477
Malaysian ringgit	506		442		805
Swiss franc	1,189		657		209
Other	1,187		1,135		1,143
Total	$	17,781	$	15,828	$	12,853

Schedule of Derivative Instruments in Statement of Financial Position, Fair Value [Table Text Block]

The fair value of our derivative instruments at the end of each period were as follows:



	December 28, 2013								December 29, 2012
(In Millions)	Other Current Assets		Other Long-Term Assets		Other Accrued Liabilities		Other Long-Term Liabilities		Other Current Assets		Other Long-Term Assets		Other Accrued Liabilities		Other Long-Term Liabilities
Derivatives designated as hedging instruments:
Currency forwards	$	114	$	1	$	118	$	2	$	91	$	2	$	127	$	—
Total derivatives designated as hedging instruments	$	114	$	1	$	118	$	2	$	91	$	2	$	127	$	—
Derivatives not designated as hedging instruments:
Currency forwards	$	66	$	—	$	63	$	—	$	85	$	—	$	58	$	—
Currency interest rate swaps	124		6		163		29		33		18		72		14
Embedded debt derivatives	—		—		—		19		—		—		—		6
Interest rate swaps	5		—		28		—		—		—		34		—
Total return swaps	48		—		—		—		11		—		—		—
Other	—		29		—		—		1		18		1		—
Total derivatives not designated as hedging instruments	$	243	$	35	$	254	$	48	$	130	$	36	$	165	$	20
Total derivatives	$	357	$	36	$	372	$	50	$	221	$	38	$	292	$	20

Schedule Of Derivative Instruments In Cash Flow Hedging Relationships [Table Text Block]

The before-tax gains (losses), attributed to the effective portion of cash flow hedges, recognized in other comprehensive income (loss) for each period were as follows:



	Gains (Losses) Recognized in OCI on Derivatives (Effective Portion)
(In Millions)	2013			2012		2011
Currency forwards	$	(167	)	$	4	$	20
Other	1			9		—
Total	$	(166	)	$	13	$	20

Not Designated as Hedging Instrument [Member]

Derivative Financial Instruments (Tables) [Abstract]

Schedule of Derivative Instruments, Gain (Loss) in Statement of Financial Performance [Table Text Block]

The effects of derivative instruments not designated as hedging instruments on the consolidated statements of income for each period were as follows:



(In Millions)	Location of Gains (Losses) Recognized in Income on Derivatives	2013		2012			2011
Currency forwards	Interest and other, net	$	44	$	3		$	58
Currency interest rate swaps	Interest and other, net	29		(71		)	(17		)
Equity options	Gains (losses) on equity investments, net	1		(1		)	(67		)
Interest rate swaps	Interest and other, net	—		31			(26		)
Total return swaps	Various	140		77			(13		)
Other	Gains (losses) on equity investments, net	5		(7		)	4
Other	Interest and other, net	—		3			—
Total		$	219	$	35		$	(61	)