SECTION-A

GROUP-11

ROLL NO NAME
19M053 V.PRASANT
19M015 KARTHIK
19M059 AMITH KUMAR
19M129 B.PRIYANKA
 INTEL CORP
12 Months Ended
onsolidated Statements of Income - USD ($) shares in Millions, $ in Millions
Dec. 29, 2018 Dec. 30, 2017 Dec. 31, 2016
Income Statement [Abstract]
Net revenue $ 70,848 $ 62,761 $ 59,387
Cost of sales 27,111 23,663 23,154
Gross margin 43,737 39,098 36,233
Research and development 13,543 13,035 12,685
Marketing, general and administrative 6,750 7,452 8,377
Restructuring and other charges (72) 384 1,744
Amortization of acquisition-related intangibles 200 177 294
Operating expenses 20,421 21,048 23,100
Operating income 23,316 18,050 13,133
Gains (losses) on equity investments, net (125) 2,651 506
Interest and other, net 126 (349) (703)
Income before taxes 23,317 20,352 12,936
Provision for taxes 2,264 10,751 2,620
Net income $ 21,053 $ 9,601 $ 10,316
Earnings per share - Basic $ 4.57 $ 2.04 $ 2.18
Earnings per share - Diluted $ 4.48 $ 1.99 $ 2.12
Weighted average shares of common stock outstanding:
Basic (shares) 4,611 4,701 4,730
Diluted (shares) 4,701 4,835 4,875
ORP

Dec. 26, 2015 Dec. 27, 2014 Dec. 28, 2013

$ 55,355 $ 55,870 $ 52,708

20,676 20,261 21,187
34,679 35,609 31,521
12,128 11,537 10,611
7,930 8,136 8,088
354 295 240
265 294 291
20,677 20,262 19,230
14,002 15,347 12,291
315 411 471
(105) 43 (151)
14,212 15,801 12,611
2,792 4,097 2,991
$ 11,420 $ 11,704 $ 9,620
$ 2.41 $ 2.39 $ 1.94
$ 2.33 $ 2.31 $ 1.89

4,742 4,901 4,970

4,894 5,056 5,097
 Consolidated Balance Sheets - USD ($) $ in Millions 2018 2017
Current assets:
Cash and cash equivalents $ 3,019 $ 3,433
Short-term investments 2,788 1,814
Trading assets 5,843 8,755
Accounts receivable, net of allowance for doubtful accounts of $33 6,722 5,607
($25 in 2017)
doughtful accounts of $38 0 0
Inventories 7,253 6,983
deferred taxes 0 0
Assets held for sale 0
Other current assets 3,162 2,908
Total current assets 28,787 29,500
Property, plant and equipment, net 48,976 41,109
Equity investments 6,042 8,579
Other long-term investments 3,388 3,712
Goodwill 24,513 24,389
Identified intangible assets, net 11,836 12,745
Other long-term assets 4,421 3,215
Total assets 127,963 123,249
Current liabilities:
Short-term debt 1,261 1,776
Accounts payable 3,824 2,928
Accrued compensation and benefits 3,622 3,526
accured advertising 0 0
Deferred income 0 1,656
Liabilities held for sale 0 0
Other accrued liabilities 7,919 7,535
Total current liabilities 16,626 17,421
Debt 25,098 25,037
Contract Liabilities 2,049 0
Income taxes payable, non-current 4,897 4,069
long term Deferred income taxes liabilites 1,665 3,046
Other long-term liabilities 2,646 3,791
Commitments and Contingencies (Note 21)
Temporary equity 419 866
Stockholders' equity:
Preferred stock, $0.001 par value, 50 shares authorized; none 0 0
issued
Common stock, $0.001 par value, 10,000 shares authorized; 4,516 25,365 26,074
shares issued and outstanding (4,687 issued and outstanding in
2017) and capital in excess of par value
Accumulated other comprehensive income (loss) (974) 862
Retained earnings 50,172 42,083
Total stockholders’ equity 74,563 69,019
Total liabilities, temporary equity, and stockholders’ equity $ 127,963 $ 123,249
 2016 2015 2014 2013

$ 5,560 $ 15,308 $ 2,561 $5,674

3,225 2,682 2,430 5,972
8,314 7,323 9,063 8,441
4,690 4,787 4,427
0
0 0 0 3,582
5,553 5,167 4,273 4,172
0 0 1,958 2,594
5,210 71 0 0
2,956 2,982 3,018 1,649
35,508 38,320 27,730 32,084
36,171 31,858 33,238 31,428
6,180 5,960 7,097 6,221
4,716 1,891 2,023 1,473
14,099 11,332 10,861 10,513
9,494 3,933 4,446 5,150
7,159 8,165 6,505 5,489
113,327 101,459 91,900 92,358

4,634 2,634 1,596 281

2,475 2,063 2,748 2,969
3,465 3,138 3,475 3,123
0 960 1,092 1,021
1,718 2,188 2,205 2,096
1,920 56 0 0
6,090 4,607 4,895 4,078
20,302 15,646 16,011 13,568
20,649 20,036 12,059 13,165
0 0 0 0
0 0 $0 0
1,730 954 3,775 4,397
3,538 2,841 $ 3,278 2,972

882 897 $ 912 0

0 0 0
0
25,373 23,411 21,781

21,536
106 60 666 1,243
40,747 37,614 33,418 35,477
66,226 61,085 55,865 58,256
$ 113,327 $ 101,459 $ 91,900 $92,358
 Consolidated Statements of Income - USD ($) shares in
DIFFERENCE IN AMOUNT
Millions, $ in Millions Dec. 29, 2018 Dec. 30, 2017 Dec. 31, 2016
Income Statement [Abstract]
Net revenue 8087 3374 4032
Cost of sales 3448 509 2478
Gross margin 4639 2865 1554
Research and development 508 350 557
Marketing, general and administrative -702 -925 447
Restructuring and other charges -456 -1360 1390
Amortization of acquisition-related intangibles 23 -117 29
Operating expenses -627 -2052 2423
Operating income 5266 4917 -869
Gains (losses) on equity investments, net -2776 2145 191
Interest and other, net 475 354 -598
Income before taxes 2965 7416 -1276
Provision for taxes -8487 8131 -172
Net income 11452 -715 -1104
Earnings per share - Basic 2.53 -0.14 -0.23
Earnings per share - Diluted 2.49 -0.13 -0.21
Weighted average shares of common stock outstanding: 0 0 0
Basic (shares) -90 -29 -12
Diluted (shares) -134 -40 -19
 HORIZONTAL ANALYSIS
NCE IN AMOUNT PERCENTAGE CHANG
Dec. 26, 2015 Dec. 27, 2014 Dec. 29, 2018 Dec. 30, 2017 Dec. 31, 2016

-515 3162 13% 6% 7%

415 -926 15% 2% 12%
-930 4088 12% 8% 4%
591 926 4% 3% 5%
-206 48 -9% -11% 6%
59 55 -119% -78% 393%
-29 3 13% -40% 11%
415 1032 -3% -9% 12%
-1345 3056 29% 37% -6%
-96 -60 -105% 424% 61%
-148 194 -136% -50% 570%
-1589 3190 15% 57% -9%
-1305 1106 -79% 310% -6%
-284 2084 119% -7% -10%
0.02 0.45 124% -6% -10%
0.02 0.42 125% -6% -9%
0 0
-159 -69 -2% -1% 0%
-162 -41 -3% -1% 0%
TAGE CHANGE
Dec. 26, 2015 Dec. 27, 2014

-1% 6%
2% -4%
-3% 13%
5% 9%
-3% 1%
20% 23%
-10% 1%
2% 5%
-9% 25%
-23% -13%
-344% -128%
-10% 25%
-32% 37%
-2% 22%
1% 23%
1% 22%

-3% -1%
-3% -1%
 HORIZONTA
DIFFERENCE IN AMOUNT
Consolidated Balance Sheets - USD ($) $ in Millions 2018 2017 2016 2015
Current assets:
Cash and cash equivalents -414 -2127 -9748 12747
Short-term investments 974 -1411 543 252
Trading assets -2912 441 991 -1740
Accounts receivable, net of allowance for doubtful accounts of
$33 ($25 in 2017) 1115 917 -97 360
doughtful accounts of $38 0 0 0 0
Inventories 270 1430 386 894
deferred taxes 0 0 0 -1958
Assets held for sale 0 -5210 5139 71
Other current assets 254 -48 -26 -36
Total current assets -713 -6008 -2812 10590
Property, plant and equipment, net 7867 4938 4313 -1380
Equity investments -2537 2399 220 -1137
Other long-term investments -324 -1004 2825 -132
Goodwill 124 10290 2767 471
Identified intangible assets, net -909 3251 5561 -513
Other long-term assets 1206 -3944 -1006 1660
Total assets 4714 9922 11868 9559
Current liabilities: 0 0 0 0
Short-term debt -515 -2858 2000 1038
Accounts payable 896 453 412 -685
Accrued compensation and benefits 96 61 327 -337
accured advertising 0 0 -960 -132
Deferred income -1656 -62 -470 -17
Liabilities held for sale 0 -1920 1864 56
Other accrued liabilities 384 1445 1483 -288
Total current liabilities -795 -2881 4656 -365
Debt 61 4388 613 7977
Contract Liabilities 2049 0 0 0
Income taxes payable, non-current 828 4069 0 0
long term Deferred income taxes liabilites -1381 1316 776 -2821
Other long-term liabilities -1145 253 697 -437
Commitments and Contingencies (Note 21) 0 0 0 0
Temporary equity -447 -16 -15 -15
Stockholders' equity: 0 0 0 0
Preferred stock, $0.001 par value, 50 shares authorized; none
issued 0 0 0 0
Common stock, $0.001 par value, 10,000 shares authorized;
4,516 shares issued and outstanding (4,687 issued and
outstanding in 2017) and capital in excess of par value
-709 701 1962 1630
Accumulated other comprehensive income (loss) -1836 756 46 -606
Retained earnings 8089 1336 3133 4196
Total stockholders’ equity 5544 2793 5141 5220
Total liabilities, temporary equity, and stockholders’ equity 4714 9922 11868 9559
HORIZONTAL ANALYSIS
PERCENTAGE CHANGE
2014 2018 2017 2016 2015 2014

-3113 -12% -38% -64% 498% -55%

-3542 54% -44% 20% 10% -59%
622 -33% 5% 14% -19% 7%

4427 20% 20% -2% 8%

-3582 -100%
101 4% 26% 7% 21% 2%
-636 -100% -25%
0 -100% 7238%
1369 9% -2% -1% -1% 83%
-4354 -2% -17% -7% 38% -14%
1810 19% 14% 14% -4% 6%
876 -30% 39% 4% -16% 14%
550 -9% -21% 149% -7% 37%
348 1% 73% 24% 4% 3%
-704 -7% 34% 141% -12% -14%
1016 38% -55% -12% 26% 19%
-458 4% 9% 12% 10% 0%
0
1315 -29% -62% 76% 65% 468%
-221 31% 18% 20% -25% -7%
352 3% 2% 10% -10% 11%
71 -100% -12% 7%
109 -100% -4% -21% -1% 5%
0 -100% 3329%
817 5% 24% 32% -6% 20%
2443 -5% -14% 30% -2% 18%
-1106 0% 21% 3% 66% -8%
0
0 20%
-622 -45% 76% 81% -75% -14%
306 -30% 7% 25% -13% 10%
0
912 -52% -2% -2% -2%
0

245 -3% 3% 8% 7% 1%
-577 -213% 713% 77% -91% -46%
-2059 19% 3% 8% 13% -6%
-2391 8% 4% 8% 9% -4%
-458 4% 9% 12% 10% 0%