Intel 2012 Annual Report Download - page 116

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Years Ended
(In Millions, Except Ratios)
Dec. 29,
2012
Dec. 31,
2011
Dec. 25,
2010
Dec. 26,
2009
Dec. 27,
2008
Earnings1 ......................................................................
$ 15,057
$ 18,068
$ 16,221
$ 5,887
$ 8,002
Adjustments:
Add - Fixed charges .................................................
362
226
181
136
158
Subtract - Capitalized interest ..................................
(240)
(150)
(134)
(86)
(86)
Earnings and fixed charges (net of capitalized
interest) ...................................................................
$ 15,179
$ 18,144
$ 16,268
$ 5,937
$ 8,074
Fixed Charges:
Interest2 ....................................................................
$ 90
$ 41
$ —
$ 1
$ 8
Capitalized interest...................................................
240
150
134
86
86
Estimated interest component of rental expense .....
32
35
47
49
64
Total.............................................................................
$ 362
$ 226
$ 181
$ 136
$ 158
Ratio of earnings before taxes and fixed charges,
to fixed charges......................................................
42x
80x
90x
44x
51x