Intel 2013 Annual Report Download - page 68

Download and view the complete annual report

Please find page 68 of the 2013 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 140

  • 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

63
Note 4: Fair Value
Assets/Liabilities Measured and Recorded at Fair Value on a Recurring Basis
Assets and liabilities measured and recorded at fair value on a recurring basis consisted of the following types of
instruments at the end of each period were as follows:
December 28, 2013 December 29, 2012
Fair Value Measured and
Recorded at Reporting Date
Using
Total
Fair Value Measured and
Recorded at Reporting Date
Using
Total(In Millions) Level 1 Level 2 Level 3 Level 1 Level 2 Level 3
Assets
Cash equivalents:
Bank deposits $ — $ 1,017 $ — $ 1,017 $ — $ 822 $ — $ 822
Commercial paper — 2,341 — 2,341 — 2,711 — 2,711
Corporate bonds — 21 — 21 ————
Government bonds ————400 66 — 466
Money market fund deposits 1,041 — — 1,041 1,086 — — 1,086
Reverse repurchase
agreements — 400 — 400 — 2,800 — 2,800
Short-term investments:
Bank deposits — 1,782 — 1,782 — 540 — 540
Commercial paper — 2,123 — 2,123 — 1,474 — 1,474
Corporate bonds 383 1,121 19 1,523 75 292 21 388
Government bonds 268 276 — 544 1,307 290 — 1,597
Trading assets:
Asset-backed securities — 684 4 688 — — 68 68
Bank deposits — 92 — 92 — 247 — 247
Commercial paper — 240 — 240 — 336 — 336
Corporate bonds 2,625 773 — 3,398 482 1,109 — 1,591
Government bonds 2,267 1,618 — 3,885 1,743 1,479 — 3,222
Money market fund deposits 82 — — 82 18 — — 18
Municipal bonds — 56 — 56 — 203 — 203
Other current assets:
Derivative assets 48 309 — 357 12 208 1 221
Loans receivable — 103 — 103 — 203 — 203
Marketable equity securities 6,221 — — 6,221 4,424 — — 4,424
Other long-term investments:
Asset-backed securities — — 9 9 — — 11 11
Bank deposits — 157 — 157 — 56 — 56
Corporate bonds 282 518 27 827 10 218 26 254
Government bonds 295 185 — 480 59 113 — 172
Other long-term assets:
Derivative assets — 7 29 36 — 20 18 38
Loans receivable — 702 — 702 — 577 — 577
Total assets measured and
recorded at fair value $13,512 $14,525 $ 88 $28,125 $ 9,616 $13,764 $ 145 $23,525
Liabilities
Other accrued liabilities:
Derivative liabilities $ — $ 372 $ — $ 372 $ 1 $ 291 $ — $ 292
Other long-term liabilities:
Derivative liabilities — 50 — 50 — 20 — 20
Total liabilities measured
and recorded at fair value $ — $ 422 $ — $ 422 $ 1 $ 311 $ — $ 312
Government bonds include bonds issued or deemed to be guaranteed by government entities. Government bonds
include instruments such as non-U.S. government bonds, U.S. agency securities, and U.S. Treasury securities.
Table of Contents
INTEL CORPORATION
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (Continued)