Annual report pursuant to Section 13 and 15(d)

Interest and Other, Net

v2.4.1.9
Interest and Other, Net
12 Months Ended
Dec. 27, 2014
Interest and Other, Net [Abstract]  
Interest and Other, Net [Text Block]
Note 21: Interest and Other, Net
The components of interest and other, net for each period were as follows:
(In Millions)
 
2014
 
2013
 
2012
Interest income
 
$
141

 
$
104

 
$
97

Interest expense
 
(192
)
 
(244
)
 
(90
)
Other, net
 
94

 
(11
)
 
87

Total interest and other, net
 
$
43

 
$
(151
)
 
$
94


Interest income increased in 2014 primarily resulting from higher interest rates compared to 2013. Interest expense in the preceding table is net of $276 million of interest capitalized in 2014 ($246 million in 2013 and $240 million in 2012).
During 2014, we completed the divestiture of our Intel Media assets. As a result of the transaction, we recognized a gain within "other, net" in the preceding table. For further information, see "Note 9: Divestitures" in the Notes to the Consolidated Financial Statements of this Form 10-K.