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Other Financial Statement Details
9 Months Ended
Oct. 01, 2022
Other Financial Statement Details [Abstract]  
Other Financial Statement Details
Note 4 : Other Financial Statement Details
Inventories
(In Millions)
Oct 1, 2022Dec 25, 2021
Raw materials
$1,635 $1,441 
Work in process
7,030 6,656 
Finished goods
4,166 2,679 
Total inventories$12,831 $10,776 
Interest and Other, Net
 Three Months EndedNine Months Ended
(In Millions)
Oct 1, 2022Sep 25, 2021Oct 1, 2022Sep 25, 2021
Interest income
$170 $37 $315 $111 
Interest expense
(114)(144)(347)(463)
Other, net
82 31 1,048 24 
Total interest and other, net$138 $(76)$1,016 $(328)
Interest expense is net of $220 million of interest capitalized in the third quarter of 2022 and $516 million in the first nine months of 2022 ($95 million in the third quarter of 2021 and $288 million in the first nine months of 2021). Other, net in the first nine months of 2022 includes a gain of $1.0 billion resulting from the divestiture of our NAND memory business as more fully described in "Note 7: Acquisitions and Divestitures" within Notes to Consolidated Condensed Financial Statements.