Interest and Other, Net
|12 Months Ended|
Dec. 26, 2015
|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:
Interest expense in the preceding table is net of $258 million of interest capitalized in 2015 ($276 million in 2014 and $246 million in 2013).
During 2015, we recognized an interest and other, net loss primarily due to higher interest expense, which includes the 2015 issuances of our $9.5 billion aggregate principal amount of senior unsecured notes. For further information on these transactions, see "Note 15: Borrowings." This was partially offset by divestiture gains recognized in 2015. For further information on these transactions, see "Note 9: Divestitures."
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."