Annual report pursuant to Section 13 and 15(d)

Earnings Per Share

v3.24.4
Earnings Per Share
12 Months Ended
Dec. 28, 2024
Earnings Per Share [Abstract]  
Earnings Per Share [Text Block]
Note 5 : Earnings (Loss) Per Share
We computed basic earnings (loss) per share of common stock based on the weighted average number of shares of common stock outstanding during the period. We computed diluted earnings (loss) per share of common stock based on the weighted average number of shares of common stock outstanding plus potentially dilutive shares of common stock outstanding during the period, if applicable.
Years Ended (In Millions, Except Per Share Amounts) Dec 28, 2024 Dec 30, 2023 Dec 31, 2022
Net income (loss) $ (19,233) $ 1,675  $ 8,017 
Less: net income (loss) attributable to non-controlling interests (477) (14)
Net income (loss) attributable to Intel $ (18,756) $ 1,689  $ 8,014 
Weighted average shares of common stock outstanding—basic 4,280  4,190  4,108 
Dilutive effect of employee equity incentive plans
—  22  15 
Weighted average shares of common stock outstanding—diluted 4,280  4,212  4,123 
Earnings (loss) per share attributable to Intel—basic $ (4.38) $ 0.40  $ 1.95 
Earnings (loss) per share attributable to Intel—diluted $ (4.38) $ 0.40  $ 1.94 
Potentially dilutive shares of common stock from employee equity incentive plans are determined by applying the treasury stock method to the assumed exercise of outstanding stock options, the assumed vesting of outstanding RSUs, and the assumed issuance of common stock under the stock purchase plan. The potentially dilutive impact from the assumed issuance of common stock associated with a contractual conversion feature is determined by applying the if-converted method to the assumed exercise of the outstanding conversion feature.
At December 28, 2024, the assumed exercise of outstanding stock options, the assumed vesting of outstanding RSUs, the assumed issuance of common stock under the stock purchase plan, and the assumed issuance of common stock associated with a contractual conversion feature, as applicable, had an anti-dilutive effect on diluted loss per share and were excluded from the computation of diluted loss per share. At December 28, 2024, 114 million anti-dilutive shares (70 million in 2022) were excluded from the computation of diluted earnings (loss) per share. In 2023, securities that would have been anti-dilutive were insignificant.