Quarterly report pursuant to Section 13 or 15(d)

Other Financial Statement Details

v3.10.0.1
Other Financial Statement Details
 6 Months Ended
Jun. 30, 2018
Other Financial Statement Details [Abstract]  
Other Financial Statement Details [Text Block]
NOTE 6: OTHER FINANCIAL STATEMENT DETAILS
INVENTORIES
(In Millions)
 
Jun 30,
2018
 
Dec 30,
2017
Raw materials
 
$
1,236

 
$
1,098

Work in process
 
4,081

 
3,893

Finished goods
 
2,027

 
1,992

Total inventories
 
$
7,344

 
$
6,983

INTEREST AND OTHER, NET
The components of interest and other, net for each period were as follows:
 
 
Three Months Ended
 
Six Months Ended
(In Millions)
 
Jun 30,
2018
 
Jul 1,
2017
 
Jun 30,
2018
 
Jul 1,
2017
Interest income
 
$
108

 
$
136

 
$
199

 
$
212

Interest expense
 
(116
)
 
(156
)
 
(228
)
 
(302
)
Other, net
 
467

 
408

 
386

 
409

Total interest and other, net
 
$
459

 
$
388

 
$
357

 
$
319


Interest expense in the preceding table is net of $126 million of interest capitalized in the second quarter of 2018 and $239 million in the first six months of 2018 ($69 million in the second quarter of 2017 and $136 million in the first six months of 2017).
In the second quarter of 2018, we completed the divestiture of Wind River Systems, Inc. and recognized a pre-tax gain of $494 million. For the six months ended June 30, 2018, we have settled conversion requests for our 2039 convertible debentures totaling $476 million in principal, resulting in a cumulative loss of $130 million.