Intel 2000 Annual Report Download - page 21

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26
Exhibit 12
INTEL CORPORATION
STATEMENT SETTING FORTH THE COMPUTATION
OF RATIOS OF EARNINGS TO FIXED CHARGES FOR INTEL CORPORATION
(In millions, except ratios)
March 12, 2001
/s/ JOHN P. BROWNE
John P. Browne
Director
March 12, 2001
/s/ DAVID S. POTTRUCK
David S. Pottruck
Director
March 12, 2001
/s/ ANDY D. BRYANT
Andy D. Bryant
Executive Vice President, Chief Financial Officer
and Principal Accounting Officer
March 12, 2001
/s/ JANE E. SHAW
Jane E. Shaw
Director
March 12, 2001
/s/ WINSTON H. CHEN
Winston H. Chen
Director
March 12, 2001
/s/ LESLIE L. VADASZ
Leslie L. Vadasz
Executive Vice President Director
March 12, 2001
/s/ ANDREW S. GROVE
Andrew S. Grove
Chairman of the Board and Director
March 12, 2001
/s/ DAVID B. YOFFIE
David B. Yoffie
Director
March 12, 2001
/s/ D. JAMES GUZY
D. James Guzy
Director
March 12, 2001
/s/ CHARLES E. YOUNG
Charles E. Young
Director
March 12, 2001
Years Ended
Dec. 28,
1996
Dec. 27,
1997
Dec. 26,
1998
Dec. 25,
1999
Dec. 30,
2000
Income before taxes
$
7,934
$
10,659
$
9,137
$
11,228
$
15,141
Add
—
Fixed charges net of capitalized interest
41
43
49
63
82
Income before taxes and fixed charges (net of capitalized
interest)
$
7,975
$
10,702
$
9,186
$
11,291
$
15,223
Fixed charges:
Interest
$
25
$
27
$
34
$
36
$
35
Capitalized interest
33
9
6
5
7
Estimated interest component of rental expense
16
16
15
27
47
Total
$
74
$
52
$
55
$
68
$
89
Ratio of earnings before taxes and fixed charges, to fixed
charges
108x
206x
167x
166x
171x