Quarterly report pursuant to Section 13 or 15(d)

Divestitures

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Divestitures
3 Months Ended
Mar. 29, 2014
Divestitures [Abstract]  
Divestitures [Text Block]
Note 7: Divestitures
During the first quarter of 2014, we completed the divestiture of our Intel Media assets, a business division dedicated to the development of cloud TV products and services, to Verizon Communications Inc. As a result of the transaction, we received aggregate net cash consideration of $150 million, presented within investing activities on the consolidated condensed statements of cash flows, and recognized a gain within interest and other, net on the consolidated condensed statements of income.