Quarterly report pursuant to Section 13 or 15(d)

Interest and Other, Net

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Interest and Other, Net
 9 Months Ended
Sep. 26, 2015
Interest and Other, Net [Abstract]  
Interest and Other, Net [Text Block]
Note 17: Interest and Other, Net
The components of interest and other, net for each period were as follows:
 
 
Three Months Ended
 
Nine Months Ended
(In Millions)
 
Sep 26,
2015
 
Sep 27,
2014
 
Sep 26,
2015
 
Sep 27,
2014
Interest income
 
$
31

 
$
35

 
$
91

 
$
108

Interest expense
 
(116
)
 
(53
)
 
(211
)
 
(139
)
Other, net
 
(19
)
 
(7
)
 
29

 
101

Total interest and other, net
 
$
(104
)
 
$
(25
)
 
$
(91
)
 
$
70


Interest expense in the preceding table is net of $52 million of interest capitalized in the third quarter of 2015 and $202 million of interest capitalized in the first nine months of 2015 ($63 million in the third quarter of 2014 and $203 million in the first nine 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.