Quarterly report pursuant to Section 13 or 15(d)

Operating Segments (Tables)

v3.24.2.u1
Operating Segments (Tables)
6 Months Ended
Jun. 29, 2024
Segment Reporting [Abstract]  
Schedule of Segment Reporting Information, by Segment
Operating segment and consolidated net revenue and operating income (loss) for each period were as follows:
Three Months Ended Six Months Ended
(In Millions) Jun 29, 2024 Jul 1, 2023 Jun 29, 2024 Jul 1, 2023
Operating segment revenue:
  Intel Products:
   Client Computing Group
     Desktop
$ 2,527  $ 2,370  $ 4,988  $ 4,249 
     Notebook
4,480  3,896  9,161  7,303 
     Other
403  514  794  995 
7,410  6,780  14,943  12,547 
  Data Center and AI
3,045  3,155  6,081  6,056 
  Network and Edge
1,344  1,364  2,708  2,853 
Total Intel Products revenue $ 11,799  $ 11,299  $ 23,732  $ 21,456 
Intel Foundry $ 4,320  $ 4,172  $ 8,689  $ 9,003 
All other
     Altera
361  848  703  1,664 
     Mobileye
440  454  679  912 
     Other
167  117  361  283 
  Total all other revenue
968  1,419  1,743  2,859 
Total operating segment revenue
$ 17,087  $ 16,890  $ 34,164  $ 33,318 
     Intersegment eliminations
(4,254) (3,941) (8,607) (8,654)
Total net revenue $ 12,833  $ 12,949  $ 25,557  $ 24,664 
Segment operating income (loss):
Intel Products:
   Client Computing Group
$ 2,497  $ 1,986  $ 5,142  $ 3,166 
   Data Center and AI
276  469  758  491 
   Network and Edge
139  64  323  (5)
  Total Intel Products operating income (loss)
$ 2,912  $ 2,519  $ 6,223  $ 3,652 
Intel Foundry $ (2,830) $ (1,869) $ (5,304) $ (4,229)
All Other
     Altera
$ (25) $ 346  $ (64) $ 636 
     Mobileye
72  129  252 
     Other
(82) (120) (187) (186)
  Total all other operating income (loss)
$ (35) $ 355  $ (247) $ 702 
 Total segment operating income (loss) $ 47  $ 1,005  $ 672  $ 125 
     Intersegment eliminations
(291) (413) 203  43 
     Corporate unallocated expenses
(1,720) (1,608) (3,908) (2,652)
Total operating income (loss) $ (1,964) $ (1,016) $ (3,033) $ (2,484)
Three Months Ended Six Months Ended
(In Millions)
Jun 29, 2024 Jul 1, 2023 Jun 29, 2024 Jul 1, 2023
Acquisition-related adjustments $ (265) $ (350) $ (530) $ (721)
Share-based compensation (780) (922) (1,959) (1,661)
Restructuring and other charges (943) (200) (1,291) (264)
Other 268  (136) (128) (6)
Total corporate unallocated expenses
$ (1,720) $ (1,608) $ (3,908) $ (2,652)