Intel 1997 Annual Report Download - page 43

Download and view the complete annual report

Please find page 43 of the 1997 Intel annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 76

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46
  • 47
  • 48
  • 49
  • 50
  • 51
  • 52
  • 53
  • 54
  • 55
  • 56
  • 57
  • 58
  • 59
  • 60
  • 61
  • 62
  • 63
  • 64
  • 65
  • 66
  • 67
  • 68
  • 69
  • 70
  • 71
  • 72
  • 73
  • 74
  • 75
  • 76

Intel Corporation 1997
See accompanying notes.
Consolidated statements
of stockholders' equity
Common Stock
and capital in excess
of par value
-----------------------
Three years ended
December 27, 1997 Number Retained
(In millions) of shares Amount earnings Total
--------------------------------------------------------------------------------
Balance at
December 31, 1994 1,654 $ 2,306 $ 6,961 $ 9,267
Proceeds from sales
of shares through
employee stock plans,
tax benefit
of $116 and other 27 310 -- 310
Proceeds from sales
of put warrants -- 85 -- 85
Reclassification of
put warrant obligation,
net -- 61 (42) 19
Repurchase and retirement
of Common Stock (38) (179) (855) (1,034)
Cash dividends declared
($.075 per share) -- -- (124) (124)
Unrealized gain on
available-for-sale
investments, net -- -- 51 51
Net income -- -- 3,566 3,566
-------- -------- -------- --------
Balance at
December 30, 1995 1,643 2,583 9,557 12,140
Proceeds from sales of
shares through
employee stock plans,
tax benefit
of $196 and other 33 457 -- 457
Proceeds from sales
of put warrants -- 56 -- 56
Reclassification of
put warrant obligation,
net -- 70 272 342
Repurchase and retirement
of Common Stock (34) (269) (925) (1,194)
Cash dividends declared
($.095 per share) -- -- (156) (156)
Unrealized gain on
available-for-sale
investments, net -- -- 70 70
Net income -- -- 5,157 5,157
-------- -------- -------- --------
Balance at
December 28, 1996 1,642 2,897 13,975 16,872
Proceeds from sales
of shares through
employee stock plans,
tax benefit
of $224 and other 30 581 (1) 580
Proceeds from sales
of put warrants -- 288 -- 288
Reclassification of
put warrant obligation,
net -- (144) (1,622) (1,766)
Repurchase and retirement
of Common Stock (44) (311) (3,061) (3,372)
Cash dividends declared
($.115 per share) -- -- (188) (188)
Unrealized loss on
available-for-sale
investments, net -- -- (64) (64)
Net income -- -- 6,945 6,945
-------- -------- -------- --------
Balance at
December 27, 1997 1,628 $ 3,311 $ 15,984 $ 19,295
======== ======== ======== ========