Quarterly report pursuant to Section 13 or 15(d)

Other Financial Statement Details

v3.22.1
Other Financial Statement Details
3 Months Ended
Apr. 02, 2022
Other Financial Statement Details [Abstract]  
Other Financial Statement Details
Note 4 : Other Financial Statement Details
Inventories
(In Millions)
Apr 2, 2022 Dec 25, 2021
Raw materials
$ 1,596  $ 1,441 
Work in process
6,928  6,656 
Finished goods
3,411  2,679 
Total inventories $ 11,935  $ 10,776 
Interest and Other, Net
  Three Months Ended
(In Millions)
Apr 2, 2022 Mar 27, 2021
Interest income
$ 47  $ 37 
Interest expense
(124) (190)
Other, net
1,074  (3)
Total interest and other, net $ 997  $ (156)
Interest expense in the preceding table is net of $142 million of interest capitalized in the first three months of 2022 ($97 million in the first three months of 2021). Other, net in the first three months of 2022, includes a gain of $1.1 billion resulting from the first closing of the divestiture of our NAND memory business.