Other Financial Statement Details

12 Months Ended

Dec. 31, 2016

Other Financial Statement Details [Abstract]

Other Financial Statement Details [Text Block]

Note 6: Other Financial Statement Details

Inventories

(In Millions)	Dec 31, 2016		Dec 26, 2015
Raw materials	$	695	$	532
Work in process	3,190		2,893
Finished goods	1,668		1,742
Total inventories	$	5,553	$	5,167

Property, Plant and Equipment

(In Millions)	Dec 31, 2016			Dec 26, 2015
Land and buildings	$	26,627		$	25,578
Machinery and equipment	52,608			48,459
Construction in progress	10,870			9,359
Total property, plant and equipment, gross	90,105			83,396
Less: accumulated depreciation	(53,934		)	(51,538		)
Total property, plant and equipment, net	$	36,171		$	31,858

Substantially all of our depreciable property, plant and equipment assets were depreciated over the following estimated useful lives: machinery and equipment, 2 to 5 years, and buildings, 10 to 25 years. The balance in construction in progress that is on hold and held in a safe state was approximately $2.2 billion as of December 31, 2016 (approximately $3.4 billion as of December 26, 2015).

Deferred Income

(In Millions)	Dec 31, 2016		Dec 26, 2015
Deferred income on shipments of components to distributors	$	1,475	$	920
Deferred income from software, services, and other	243		1,268
Current deferred income	1,718		2,188
Non-current deferred income from software, services, and other	65		530
Total deferred income	$	1,783	$	2,718

We classify non-current deferred income from software, services, and other within other long-term liabilities on the consolidated balance sheets.

We reclassified the carrying amounts of current and non-current deferred income associated with ISecG as liabilities held for sale. For further information, see "Note 10: Acquisitions and Divestitures."

Other Accrued Liabilities

Other accrued liabilities include deferred compensation liabilities of $1.5 billion as of December 31, 2016 ($1.3 billion as of December 26, 2015).

Gains (Losses) on Equity Investments, Net

The components of gains (losses) on equity investments, net for each period were as follows:

Years Ended (In Millions)	Dec 31, 2016			Dec 26, 2015			Dec 27, 2014
Share of equity method investee losses, net	$	(38	)	$	(95	)	$	(69	)
Impairments	(187		)	(185		)	(146		)
Gains on sales, net	562			145			422
Dividends	74			52			57
Other, net	95			398			147
Total gains (losses) on equity investments, net	$	506		$	315		$	411

Interest and Other, Net

The components of interest and other, net for each period were as follows:

Years Ended (In Millions)	Dec 31, 2016			Dec 26, 2015			Dec 27, 2014
Interest income	$	222		$	124		$	141
Interest expense	(733		)	(337		)	(192		)
Other, net	67			108			94
Total interest and other, net	$	(444	)	$	(105	)	$	43

Interest expense in the preceding table is net of $135 million of interest capitalized in 2016 ($258 million in 2015 and $276 million in 2014).