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

Annual report pursuant to Section 13 and 15(d)

Employee Equity Incentive Plans (Tables)

Employee Equity Incentive Plans (Tables)

12 Months Ended

Dec. 28, 2013

Employee Equity Incentive Plans (Tables) [Abstract]

Restricted Stock Units Estimated Values And Weighted Average Assumptions [Table Text Block]

We estimate the fair value of restricted stock unit awards with time-based vesting using the value of our common stock on the date of grant, reduced by the present value of dividends expected to be paid on our common stock prior to vesting. We estimate the fair value of market-based restricted stock units using a Monte Carlo simulation model on the date of grant. We based the weighted average estimated value of restricted stock unit grants, as well as the weighted average assumptions that we used in calculating the fair value, on estimates at the date of grant, for each period as follows:



	2013			2012			2011
Estimated values	$	21.45		$	25.32		$	19.86
Risk-free interest rate	0.2		%	0.3		%	0.7		%
Dividend yield	3.8		%	3.3		%	3.4		%
Volatility	25		%	26		%	27		%

Stock Options And Stock Purchase Plan Estimated Values And Weighted Average Assumptions [Table Text Block]

We use the Black-Scholes option pricing model to estimate the fair value of options granted under our equity incentive plans and rights to acquire stock granted under our stock purchase plan. We based the weighted average estimated value of employee stock option grants and rights granted under the stock purchase plan, as well as the weighted average assumptions used in calculating the fair value, on estimates at the date of grant, for each period as follows:



	Stock Options									Stock Purchase Plan
	2013			2012			2011			2013			2012			2011
Estimated values	$	3.11		$	4.22		$	3.91		$	4.52		$	5.47		$	4.69
Expected life (in years)	5.2			5.3			5.4			0.5			0.5			0.5
Risk-free interest rate	0.8		%	1.0		%	2.2		%	0.1		%	0.1		%	0.2		%
Dividend yield	3.9		%	3.3		%	3.4		%	4.0		%	3.3		%	3.6		%
Volatility	25		%	25		%	27		%	22		%	24		%	26		%

Schedule of Share-based Compensation, Restricted Stock Units Award Activity [Table Text Block]

Information with respect to outstanding RSU activity for each period was as follows:



	Number of RSUs (In Millions)		Weighted Average Grant-Date Fair Value
December 25, 2010	99.8		$	18.56
Granted	43.3		$	19.86
Assumed in acquisition	5.8		$	20.80
Vested	(37.5	)	$	18.60
Forfeited	(4.4	)	$	19.07
December 31, 2011	107.0		$	19.18
Granted	49.9		$	25.32
Vested	(43.2	)	$	18.88
Forfeited	(4.4	)	$	20.93
December 29, 2012	109.3		$	22.03
Granted	53.4		$	21.45
Vested	(44.5	)	$	20.21
Forfeited	(4.9	)	$	22.06
December 28, 2013	113.3		$	22.47
Expected to vest as of December 28, 2013	107.3		$	22.49

Schedule of Share-based Compensation Arrangement by Share-based Payment Award, Options, Vested and Expected to Vest, Outstanding [Table Text Block]

As of December 28, 2013, options outstanding that have vested and are expected to vest were as follows:



	Number of Options (In Millions)	Weighted Average Exercise Price		Weighted Average Remaining Contractual Term (In Years)	Aggregate Intrinsic Value (In Millions)
Vested	111.5	$	20.25	2.6	$	617
Expected to vest	39.6	$	23.40	5.4	$	101
Total	151.1	$	21.08	3.3	$	718

Schedule of Stock Options Roll Forward [Table Text Block]

Additional information with respect to stock option activity for each period was as follows:



	Number of Options (In Millions)		Weighted Average Exercise Price
December 25, 2010	386.4		$	20.45
Grants	14.7		$	21.49
Assumed in acquisition	12.0		$	15.80
Exercises	(86.3	)	$	20.06
Cancellations and forfeitures	(8.6	)	$	20.47
Expirations	(19.9	)	$	24.85
December 31, 2011	298.3		$	20.12
Grants	13.5		$	27.01
Exercises	(85.8	)	$	20.45
Cancellations and forfeitures	(3.9	)	$	21.17
Expirations	(19.3	)	$	22.45
December 29, 2012	202.8		$	20.20
Grants	20.1		$	22.99
Exercises	(65.0	)	$	18.76
Cancellations and forfeitures	(3.0	)	$	22.58
Expirations	(1.9	)	$	22.56
December 28, 2013	153.0		$	21.10
Options exercisable as of:
December 31, 2011	203.6		$	20.44
December 29, 2012	139.8		$	19.76
December 28, 2013	111.5		$	20.25

Schedule of Share-based Compensation, Shares Authorized under Stock Option Plans, by Exercise Price Range [Table Text Block]

The following table summarizes information about options outstanding as of December 28, 2013:



					Outstanding Options				Exercisable Options
Range of Exercise Prices					Number of Shares (In Millions)	Weighted Average Remaining Contractual Life (In Years)	Weighted Average Exercise Price		Number of Shares (In Millions)	Weighted Average Exercise Price
$	1.12	-	$	15.00	2.2	3.7	$	12.22	1.2	$	11.69
$	15.01	-	$	20.00	70.5	2.7	$	18.22	70.4	$	18.20
$	20.01	-	$	25.00	57.6	4.2	$	22.59	26.2	$	22.54
$	25.01	-	$	30.00	22.4	3.0	$	27.09	13.4	$	27.02
$	30.01	-	$	33.03	0.3	0.1	$	32.31	0.3	$	32.31
Total					153.0	3.3	$	21.10	111.5	$	20.25