Intel Corporation Quarterly report pursuant to Section 13 or 15(d)

Quarterly report pursuant to Section 13 or 15(d)

Fair Value (Tables)

Fair Value (Tables)

6 Months Ended

Jun. 30, 2012

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 consisted of the following types of instruments as of June 30, 2012 and December 31, 2011:

		June 30, 2012								December 31, 2011
		Fair Value Measured and								Fair Value Measured and
		Recorded at Reporting Date Using								Recorded at Reporting Date Using
(In Millions)		Level 1		Level 2		Level 3		Total		Level 1		Level 2		Level 3		Total
Assets
Cash equivalents:
	Bank deposits	$	—	$	978	$	—	$	978	$	—	$	795	$	—	$	795
	Commercial paper		—		3,046		—		3,046		—		2,408		—		2,408
	Government bonds		—		425		—		425		650		—		—		650
	Money market fund deposits		95		—		—		95		546		—		—		546
Short-term investments:
	Bank deposits		—		208		—		208		—		196		—		196
	Commercial paper		—		783		—		783		—		1,409		—		1,409
	Corporate bonds		35		433		28		496		120		428		28		576
	Government bonds		2,304		190		—		2,494		2,690		310		—		3,000
Trading assets:
	Asset-backed securities		—		—		93		93		—		—		115		115
	Bank deposits		—		180		—		180		—		135		—		135
	Corporate bonds		257		370		—		627		202		486		—		688
	Commercial paper		—		272		—		272		—		305		—		305
	Government bonds		1,266		1,739		—		3,005		1,698		1,317		—		3,015
	Money market fund deposits		25		—		—		25		49		—		—		49
	Municipal bonds		—		242		—		242		—		284		—		284
Other current assets:
	Derivative assets		—		141		4		145		—		159		7		166
	Loans receivable		—		194		—		194		—		33		—		33
Marketable equity securities			489		110		—		599		522		40		—		562
Other long-term investments:
	Asset-backed securities		—		—		13		13		—		—		36		36
	Bank deposits		—		55		—		55		—		55		—		55
	Corporate bonds		75		225		40		340		—		282		39		321
	Government bonds		50		110		—		160		177		300		—		477
Other long-term assets:
	Derivative assets		—		37		27		64		—		34		29		63
	Loans receivable		—		545		—		545		—		715		—		715
Total assets measured and
	recorded at fair value	$	4,596	$	10,283	$	205	$	15,084	$	6,654	$	9,691	$	254	$	16,599

Liabilities
Other accrued liabilities:
	Derivative liabilities	$	—	$	280	$	8	$	288	$	—	$	280	$	8	$	288
Long-term debt			—		—		128		128		—		—		131		131
Other long-term liabilities:
	Derivative liabilities		—		14		—		14		—		27		—		27
Total liabilities measured and
	recorded at fair value	$	—	$	294	$	136	$	430	$	—	$	307	$	139	$	446

Financial Instruments Not Recorded At Fair Value On Recurring Basis [Table Text Block]

We measure the fair value of our non-marketable cost method investments, indebtedness carried at amortized cost, and cost method loans receivable quarterly; however, the assets are recorded at fair value only when an impairment charge is recognized. The carrying amounts and fair values of certain financial instruments not recorded at fair value on a recurring basis as of June 30, 2012 and December 31, 2011 were as follows:

	June 30, 2012
	Carrying		Fair Value Measured Using						Fair
(In Millions)	Amount		Level 1		Level 2		Level 3		Value
Non-marketable cost method investments	$	1,144	$	—	$	—	$	1,718	$	1,718
Loans receivable	$	165	$	—	$	100	$	63	$	163
Long-term debt	$	6,965	$	5,388	$	2,828	$	—	$	8,216
NVIDIA Corporation cross-license agreement liability	$	865	$	—	$	884	$	—	$	884

	December 31, 2011
	Carrying		Fair Value Measured Using						Fair
(In Millions)	Amount		Level 1		Level 2		Level 3		Value
Non-marketable cost method investments	$	1,129	$	—	$	—	$	1,861	$	1,861
Loans receivable	$	132	$	—	$	132	$	—	$	132
Long-term debt	$	6,953	$	5,287	$	2,448	$	—	$	7,735
Short-term debt	$	200	$	—	$	200	$	—	$	200
NVIDIA Corporation cross-license agreement liability	$	1,156	$	—	$	1,174	$	—	$	1,174