Quarterly report pursuant to Section 13 or 15(d)

Operating Segments (Tables)

v3.24.3
Operating Segments (Tables)
9 Months Ended
Sep. 28, 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 Nine Months Ended
(In Millions) Sep 28, 2024 Sep 30, 2023 Sep 28, 2024 Sep 30, 2023
Operating segment revenue:
  Intel Products:
   Client Computing Group
     Desktop
$ 2,070  $ 2,753  $ 7,058  $ 7,002 
     Notebook
4,888  4,503  14,049  11,806 
     Other
372  611  1,166  1,606 
7,330  7,867  22,273  20,414 
  Data Center and AI
3,349  3,076  9,430  9,132 
  Network and Edge
1,511  1,450  4,219  4,303 
Total Intel Products revenue $ 12,190  $ 12,393  $ 35,922  $ 33,849 
Intel Foundry $ 4,352  $ 4,732  $ 13,041  $ 13,735 
All other
     Altera
412  735  1,115  2,399 
     Mobileye
485  530  1,164  1,442 
     Other
142  187  503  470 
  Total all other revenue
1,039  1,452  2,782  4,311 
Total operating segment revenue
$ 17,581  $ 18,577  $ 51,745  $ 51,895 
     Intersegment eliminations
(4,297) (4,419) (12,904) (13,073)
Total net revenue $ 13,284  $ 14,158  $ 38,841  $ 38,822 
Segment operating income (loss):
Intel Products:
   Client Computing Group
$ 2,722  $ 2,780  $ 7,864  $ 5,946 
   Data Center and AI
347  391  1,105  882 
   Network and Edge
268  100  591  95 
  Total Intel Products operating income (loss)
$ 3,337  $ 3,271  $ 9,560  $ 6,923 
Intel Foundry $ (5,844) $ (1,407) $ (11,148) $ (5,636)
All Other
     Altera
263  (55) 899 
     Mobileye
78  170  82  422 
     Other
(42) (198) (229) (384)
  Total all other operating income (loss)
$ 45  $ 235  $ (202) $ 937 
 Total segment operating income (loss) $ (2,462) $ 2,099  $ (1,790) $ 2,224 
     Intersegment eliminations
(79) 124  48 
     Corporate unallocated expenses
(6,516) (2,112) (10,424) (4,764)
Total operating income (loss) $ (9,057) $ (8) $ (12,090) $ (2,492)
Three Months Ended Nine Months Ended
(In Millions)
Sep 28, 2024 Sep 30, 2023 Sep 28, 2024 Sep 30, 2023
Acquisition-related costs $ (266) $ (344) $ (796) $ (1,065)
Share-based compensation (800) (772) (2,759) (2,433)
Restructuring and other charges1
(5,622) (816) (6,913) (1,080)
Other 172  (180) 44  (186)
Total corporate unallocated expenses
$ (6,516) $ (2,112) $ (10,424) $ (4,764)