EX-12.1 4 f32127exv12w1.htm EXHIBIT 12.1 exv12w1
 

Exhibit 12.1
INTEL CORPORATION
STATEMENT SETTING FORTH THE COMPUTATION
OF RATIOS OF EARNINGS TO FIXED CHARGES
(Dollars in Millions)
                 
    Six Months Ended  
    June 30,     July 1,  
    2007     2006  
Income before taxes
   $ 3,402     $ 3,127  
 
Adjustments:
                
Add fixed charges
     59       74  
Subtract interest capitalized
     (24 )     (32 )
 
            
Income before taxes and fixed charges
   $ 3,437     $ 3,169  
 
            
 
Fixed charges:
                
Interest1
   $ 7     $ 14  
Capitalized interest
     24       32  
Estimated interest component of rental expense
     28       28  
 
            
Total
   $ 59     $ 74  
 
            
 
Ratio of earnings before taxes and fixed charges, to fixed charges
     58       43  
 
1 Interest within provision for taxes on the consolidated condensed statements of income is not included.