Quarterly report pursuant to Section 13 or 15(d)

Other Financial Statement Details

v3.22.2.2
Other Financial Statement Details
 9 Months Ended
Oct. 01, 2022
Other Financial Statement Details [Abstract]  
Other Financial Statement Details
Note 4 : Other Financial Statement Details
Inventories
(In Millions)
 Oct 1, 2022 Dec 25, 2021
Raw materials
 $ 1,635  $ 1,441 
Work in process
 7,030  6,656 
Finished goods
 4,166  2,679 
Total inventories $ 12,831  $ 10,776 
Interest and Other, Net
  Three Months Ended Nine Months Ended
(In Millions)
 Oct 1, 2022 Sep 25, 2021 Oct 1, 2022 Sep 25, 2021
Interest income
 $ 170  $ 37  $ 315  $ 111 
Interest expense
 (114) (144) (347) (463)
Other, net
 82  31  1,048  24 
Total interest and other, net $ 138  $ (76) $ 1,016  $ (328)
Interest expense is net of $220 million of interest capitalized in the third quarter of 2022 and $516 million in the first nine months of 2022 ($95 million in the third quarter of 2021 and $288 million in the first nine months of 2021). Other, net in the first nine months of 2022 includes a gain of $1.0 billion resulting from the divestiture of our NAND memory business as more fully described in "Note 7: Acquisitions and Divestitures" within Notes to Consolidated Condensed Financial Statements.