Intel 2008 Annual Report Download - page 138

Download and view the complete annual report

Please find page 138 of the 2008 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 143

  • 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
  • 77
  • 78
  • 79
  • 80
  • 81
  • 82
  • 83
  • 84
  • 85
  • 86
  • 87
  • 88
  • 89
  • 90
  • 91
  • 92
  • 93
  • 94
  • 95
  • 96
  • 97
  • 98
  • 99
  • 100
  • 101
  • 102
  • 103
  • 104
  • 105
  • 106
  • 107
  • 108
  • 109
  • 110
  • 111
  • 112
  • 113
  • 114
  • 115
  • 116
  • 117
  • 118
  • 119
  • 120
  • 121
  • 122
  • 123
  • 124
  • 125
  • 126
  • 127
  • 128
  • 129
  • 130
  • 131
  • 132
  • 133
  • 134
  • 135
  • 136
  • 137
  • 138
  • 139
  • 140
  • 141
  • 142
  • 143

Exhibit 12.1
INTEL CORPORATION 2008 FORM 10-K
STATEMENT SETTING FORTH THE COMPUTATION
OF RATIOS OF EARNINGS TO FIXED CHARGES FOR INTEL CORPORATION
(In Millions, Except Ratios)
Years Ended
Dec. 25, 2004
Dec. 31, 2005
Dec. 30, 2006
Dec. 29, 2007
Dec. 27, 2008
Earnings
1
$
10,417
$
12,610
$
7,068
$
9,166
$
8,002
Adjustments:
Add
—
Fixed charges
144
129
158
Subtract
—
Capitalized interest
—
(
2
)
(60
)
(57
)
(86
)
Earnings and fixed charges (net of capitalized interest)
$
10,515
$
12,683
$
7,152
$
9,238
$
8,074
Fixed charges:
Interest
$
$
$
24
$
15
$
8
Capitalized interest
—
2
60
57
86
Estimated interest component of rental expense
60
57
64
Total
$
$
$
144
$
129
$
158
Ratio of earnings before taxes and fixed charges, to
fixed charges
107x
169x
50x
72x
51x
1
After adjustments required by Item 503(d) of the U.S. Securities and Exchange Commission Regulation S
-
K.