Quarterly report pursuant to Section 13 or 15(d)

Retirement Benefit Plans

Retirement Benefit Plans
6 Months Ended
Jun. 28, 2014
Retirement Benefit Plans [Abstract]  
Pension and Other Postretirement Benefits Disclosure [Text Block]
Note 14: Retirement Benefit Plans
During the second quarter of 2014, we communicated to employees our intent to freeze future benefit accruals in the U.S. Intel Minimum Pension Plan to all employees at or above a specific grade level, and generally covering all highly compensated employees in the plan. This change is contingent on receiving a favorable private letter ruling (PLR) from the Internal Revenue Service (IRS), which we filed for in January 2014. If a favorable PLR is received, the effective date of the change is anticipated to be January 1, 2015. The consolidated condensed financial statements do not include any adjustments for this transaction due to the uncertainties regarding the ruling request with the IRS. We do not expect that such changes will have a significant impact on our consolidated condensed financial statements.