Quarterly report pursuant to Section 13 or 15(d)

Retirement Benefit Plans

Retirement Benefit Plans
9 Months Ended
Sep. 27, 2014
General Discussion of Pension and Other Postretirement Benefits [Abstract]  
Pension and Other Postretirement Benefits Disclosure [Text Block]
Note 15: Retirement Benefit Plans
During the second quarter of 2014, we communicated to employees our intent, beginning on January 1, 2015, 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 was contingent on receiving a favorable private letter ruling (PLR) from the Internal Revenue Service (IRS), which we filed for in January 2014. The third quarter 2014 consolidated condensed financial statements do not include any adjustments for this transaction due to the uncertainties regarding the ruling request with the IRS. A favorable PLR was received in October 2014 and we do not expect that the anticipated change will have a significant impact on our fourth quarter 2014 consolidated financial statements.