Annual report pursuant to Section 13 and 15(d)

Interest and Other, Net

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Interest and Other, Net
12 Months Ended
Dec. 29, 2012
Interest and Other, Net [Abstract]  
Interest and Other, Net [Text Block]

Note 12: Interest and Other, Net

 

The components of interest and other, net were as follows:

(In Millions) 2012   2011   2010
Interest income $ 97   $ 98   $ 119
Interest expense   (90)     (41)    
Other, net   87     135     (10)
Total interest and other, net $ 94   $ 192   $ 109

Interest expense in the preceding table is net of $240 million of interest capitalized in 2012 ($150 million in 2011 and $134 million in 2010). 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 10: Equity Method and Cost Method Investments.”