EX-12.1 3 dex121.htm STATEMENT SETTING FORTH THE COMPUTATION OF RATIOS OF EARNINGS TO FIXED CHARGES Statement Setting Forth the Computation of Ratios of Earnings to Fixed Charges

Exhibit 12.1

 

INTEL CORPORATION

STATEMENT SETTING FORTH THE COMPUTATION

OF RATIOS OF EARNINGS TO FIXED CHARGES

 

(in millions)

 

     Three Months Ended
     April 2,
2005
    March 27,
2004

Income before taxes

    $ 3,151    $ 2,544

Add fixed charges

      16      28
    
  

Income before taxes and fixed charges

    $ 3,167    $ 2,572
    
  

Fixed charges:

              

Interest

    $ 2    $ 18

Estimated interest component of rental expense

      14      10
    
  

Total

    $ 16    $ 28
    
  

Ratio of earnings before taxes and fixed charges, to fixed charges

      198      92