Three Months Ended

Nine Months Ended

(In Millions, Except Per Share Amounts)

Sep 30, 2023

Oct 1, 2022

Sep 30, 2023

Oct 1, 2022

Net income (loss)

$

310

$

1,019

$

(985)

$

8,678

Less: Net income (loss) attributable to non-controlling interests

13

—

(5)

—

Net income (loss) attributable to Intel

297

1,019

(980)

8,678

Weighted average shares of common stock outstanding—basic

4,202

4,118

4,180

4,104

Dilutive effect of employee equity incentive plans

27

7

—

19

Weighted average shares of common stock outstanding—diluted

4,229

4,125

4,180

4,123

Earnings (loss) per share attributable to Intel—basic

$

0.07

$

0.25

$

(0.23)

$

2.11

Earnings (loss) per share attributable to Intel—diluted

$

0.07

$

0.25

$

(0.23)

$

2.10