Quarterly report pursuant to Section 13 or 15(d)

Interest and Other, Net

v2.4.1.9
Interest and Other, Net
3 Months Ended
Mar. 28, 2015
Interest and Other, Net [Abstract]  
Interest and Other, Net [Text Block]
Note 16: Interest and Other, Net
The components of interest and other, net for each period were as follows:
 
 
Three Months Ended
(In Millions)
 
Mar 28,
2015
 
Mar 29,
2014
Interest income
 
$
32

 
$
35

Interest expense
 
(42
)
 
(37
)
Other, net
 
36

 
114

Total interest and other, net
 
$
26

 
$
112


Interest expense in the preceding table is net of $81 million of interest capitalized in the first three months of 2015 ($77 million in the first three months of 2014).
During the first quarter of 2014, we completed the divestiture of our Intel Media assets. As a result of the transaction, we recognized a gain within "other, net" in the preceding table.