Annual report pursuant to Section 13 and 15(d)

Other Financial Statement Details

v3.6.0.2
Other Financial Statement Details
 12 Months Ended
Dec. 31, 2016
Other Financial Statement Details [Abstract]  
Other Financial Statement Details [Text Block]
Note 6: Other Financial Statement Details
Inventories
(In Millions)
 
Dec 31,
2016
 
Dec 26,
2015
Raw materials
 
$
695

 
$
532

Work in process
 
3,190

 
2,893

Finished goods
 
1,668

 
1,742

Total inventories
 
$
5,553

 
$
5,167

Property, Plant and Equipment
(In Millions)
 
Dec 31,
2016
 
Dec 26,
2015
Land and buildings
 
$
26,627

 
$
25,578

Machinery and equipment
 
52,608

 
48,459

Construction in progress
 
10,870

 
9,359

Total property, plant and equipment, gross
 
90,105

 
83,396

Less: accumulated depreciation
 
(53,934
)
 
(51,538
)
Total property, plant and equipment, net
 
$
36,171

 
$
31,858


Substantially all of our depreciable property, plant and equipment assets were depreciated over the following estimated useful lives: machinery and equipment, 2 to 5 years, and buildings, 10 to 25 years. The balance in construction in progress that is on hold and held in a safe state was approximately $2.2 billion as of December 31, 2016 (approximately $3.4 billion as of December 26, 2015).
Deferred Income

(In Millions)
 
Dec 31,
2016
 
Dec 26,
2015
Deferred income on shipments of components to distributors
 
$
1,475

 
$
920

Deferred income from software, services, and other
 
243

 
1,268

Current deferred income
 
1,718

 
2,188

Non-current deferred income from software, services, and other
 
65

 
530

Total deferred income
 
$
1,783


$
2,718


We classify non-current deferred income from software, services, and other within other long-term liabilities on the consolidated balance sheets.
We reclassified the carrying amounts of current and non-current deferred income associated with ISecG as liabilities held for sale. For further information, see "Note 10: Acquisitions and Divestitures."
Other Accrued Liabilities
Other accrued liabilities include deferred compensation liabilities of $1.5 billion as of December 31, 2016 ($1.3 billion as of December 26, 2015).
Gains (Losses) on Equity Investments, Net
The components of gains (losses) on equity investments, net for each period were as follows:
Years Ended
(In Millions)
 
Dec 31,
2016
 
Dec 26,
2015
 
Dec 27,
2014
Share of equity method investee losses, net
 
$
(38
)
 
$
(95
)
 
$
(69
)
Impairments
 
(187
)
 
(185
)
 
(146
)
Gains on sales, net
 
562

 
145

 
422

Dividends
 
74

 
52

 
57

Other, net
 
95

 
398

 
147

Total gains (losses) on equity investments, net
 
$
506


$
315


$
411

Interest and Other, Net
The components of interest and other, net for each period were as follows:
Years Ended
(In Millions)
 
Dec 31,
2016
 
Dec 26,
2015
 
Dec 27,
2014
Interest income
 
$
222

 
$
124

 
$
141

Interest expense
 
(733
)
 
(337
)
 
(192
)
Other, net
 
67

 
108

 
94

Total interest and other, net
 
$
(444
)

$
(105
)

$
43


Interest expense in the preceding table is net of $135 million of interest capitalized in 2016 ($258 million in 2015 and $276 million in 2014).