Total Debt (Carrying Amount)
Based on: 10-K (reporting date: 2021-12-25), 10-K (reporting date: 2020-12-26), 10-K (reporting date: 2019-12-28), 10-K (reporting date: 2018-12-29), 10-K (reporting date: 2017-12-30).
Debt item | Description | The company |
---|---|---|
Total debt (carrying amount) | Sum of the carrying values as of the balance sheet date of all debt plus capital lease obligations. | Intel Corp. total debt increased from 2019 to 2020 and from 2020 to 2021. |
Total Debt (Fair Value)
Dec 25, 2021 | |
---|---|
Selected Financial Data (US$ in millions) | |
Commercial paper and drafts payable | — |
Issued debt | 41,500 |
Total debt (fair value) | 41,500 |
Financial Ratio | |
Debt, fair value to carrying amount ratio | 1.09 |
Based on: 10-K (reporting date: 2021-12-25).
Weighted-average Interest Rate on Debt
Weighted-average effective interest rate on debt: 2.57%
Interest rate | Debt amount1 | Interest rate × Debt amount | Weighted-average interest rate2 |
---|---|---|---|
0.55% | 800 | 4 | |
1.96% | 750 | 15 | |
2.70% | 1,000 | 27 | |
2.96% | 398 | 12 | |
2.28% | 1,500 | 34 | |
3.22% | 400 | 13 | |
2.31% | 1,250 | 29 | |
2.14% | 600 | 13 | |
3.45% | 1,500 | 52 | |
2.16% | 2,250 | 49 | |
0.63% | 1,000 | 6 | |
3.79% | 1,000 | 38 | |
1.21% | 1,000 | 12 | |
1.68% | 1,000 | 17 | |
2.39% | 2,000 | 48 | |
3.93% | 1,500 | 59 | |
2.04% | 1,250 | 26 | |
1.24% | 750 | 9 | |
4.61% | 750 | 35 | |
2.82% | 750 | 21 | |
2.01% | 802 | 16 | |
1.42% | 567 | 8 | |
2.13% | 772 | 16 | |
1.40% | 1,250 | 18 | |
1.37% | 1,000 | 14 | |
0.92% | 640 | 6 | |
1.77% | 1,967 | 35 | |
3.20% | 2,000 | 64 | |
4.74% | 2,250 | 107 | |
3.07% | 1,250 | 38 | |
3.11% | 1,000 | 31 | |
4.99% | 1,000 | 50 | |
3.22% | 750 | 24 | |
2.49% | 423 | 11 | |
2.13% | 138 | 3 | |
2.15% | 438 | 9 | |
Total | 37,695 | 967 | |
2.57% |
Based on: 10-K (reporting date: 2021-12-25).
1 US$ in millions
2 Weighted-average interest rate = 100 × 967 ÷ 37,695 = 2.57%
Interest Costs Incurred
Based on: 10-K (reporting date: 2021-12-25), 10-K (reporting date: 2020-12-26), 10-K (reporting date: 2019-12-28), 10-K (reporting date: 2018-12-29), 10-K (reporting date: 2017-12-30).
Debt item | Description | The company |
---|---|---|
Interest expense | Amount of the cost of borrowed funds accounted for as interest expense for debt. | Intel Corp. interest expense increased from 2019 to 2020 but then slightly decreased from 2020 to 2021. |
Interest capitalized | Amount of interest costs capitalized disclosed as an adjusting item to interest costs incurred. | Intel Corp. interest capitalized decreased from 2019 to 2020 but then slightly increased from 2020 to 2021. |
Interest costs incurred | Total interest costs incurred during the period and either capitalized or charged against earnings. | Intel Corp. interest costs incurred increased from 2019 to 2020 and from 2020 to 2021. |
Adjusted Interest Coverage Ratio
Based on: 10-K (reporting date: 2021-12-25), 10-K (reporting date: 2020-12-26), 10-K (reporting date: 2019-12-28), 10-K (reporting date: 2018-12-29), 10-K (reporting date: 2017-12-30).
2021 Calculations
1 Interest coverage ratio (without capitalized interest) = EBIT ÷ Interest expense
= 22,300 ÷ 597 = 37.35
2 Adjusted interest coverage ratio (with capitalized interest) = EBIT ÷ Interest costs incurred
= 22,300 ÷ 995 = 22.41
Solvency ratio | Description | The company |
---|---|---|
Adjusted interest coverage ratio | A solvency ratio calculated as EBIT divided by interest payments (including capitalized interest). | Intel Corp. adjusted interest coverage ratio improved from 2019 to 2020 but then deteriorated significantly from 2020 to 2021. |