Stock Analysis on Net
Stock Analysis on Net

Intel Corp. (NASDAQ:INTC)

Balance Sheet: Liabilities and Stockholders’ Equity
Quarterly Data

Beginner level

The balance sheet provides creditors, investors, and analysts with information on company’s resources (assets) and its sources of capital (its equity and liabilities). It normally also provides information about the future earnings capacity of a company’s assets as well as an indication of cash flows that may come from receivables and inventories.

Liabilities represents obligations of a company arising from past events, the settlement of which is expected to result in an outflow of economic benefits from the entity.

Intel Corp., consolidated balance sheet: liabilities and stockholders’ equity (quarterly data)

US$ in millions

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Jun 27, 2020 Mar 28, 2020 Dec 28, 2019 Sep 28, 2019 Jun 29, 2019 Mar 30, 2019 Dec 29, 2018 Sep 29, 2018 Jun 30, 2018 Mar 31, 2018 Dec 30, 2017 Sep 30, 2017 Jul 1, 2017 Apr 1, 2017 Dec 31, 2016 Oct 1, 2016 Jul 2, 2016 Apr 2, 2016 Dec 26, 2015 Sep 26, 2015 Jun 27, 2015 Mar 28, 2015
Short-term debt 2,254  3,464  3,693  5,200  3,726  2,750  1,261  3,051  3,510  3,842  1,776  4,142  4,130  5,073  4,634  3,573  4,560  3,594  2,634  1,129  1,118  1,121 
Accounts payable 5,045  4,638  4,128  4,809  4,682  4,059  3,824  3,593  4,143  4,415  2,928  3,554  3,671  3,221  2,475  3,181  3,420  3,163  2,063  2,449  2,359  2,775 
Accrued compensation and benefits 2,833  2,358  3,853  3,220  2,554  1,984  3,622  3,095  2,601  2,118  3,526  2,805  2,332  2,145  3,465  3,110  2,809  1,834  3,138  2,732  2,572  2,011 
Deferred income —  —  —  —  —  —  —  —  —  —  1,656  1,706  1,587  1,698  1,718  1,724  2,807  2,632  2,188  2,160  2,082  2,196 
Liabilities held for sale —  —  —  —  —  —  —  —  —  —  —  —  —  1,746  1,920  1,881  —  —  —  —  —  — 
Other accrued liabilities 12,349  13,435  10,636  11,835  8,743  10,118  7,919  9,835  7,317  9,586  7,535  8,482  7,062  7,422  6,090  6,624  5,115  6,303  5,644  6,610  5,398  6,932 
Current liabilities 22,481  23,895  22,310  25,064  19,705  18,911  16,626  19,574  17,571  19,961  17,421  20,689  18,782  21,305  20,302  20,093  18,711  17,526  15,667  15,080  13,529  15,035 
Debt 36,093  36,455  25,308  23,707  25,089  25,737  25,098  24,823  24,632  24,770  25,037  27,498  27,855  20,678  20,649  24,043  24,053  21,775  20,036  20,059  12,116  12,112 
Contract liabilities 1,329  1,353  1,368  1,413  1,558  1,775  2,049  2,220  2,393  2,479  —  —  —  —  —  —  —  —  —  —  —  — 
Income taxes payable, non-current 4,795  4,651  4,919  4,974  4,847  4,781  4,897  4,879  5,618  5,774  4,069  —  —  —  —  —  —  —  —  —  —  — 
Deferred income taxes 2,723  2,027  2,044  1,696  1,783  1,521  1,665  1,485  1,666  1,564  3,046  2,943  2,502  2,285  1,730  1,211  1,293  1,247  2,539  2,502  3,251  3,462 
Other long-term liabilities 3,108  2,975  2,916  2,506  2,583  2,797  2,646  3,263  3,391  3,082  3,791  4,152  3,469  3,658  3,538  2,869  3,517  2,851  2,841  2,909  2,996  3,125 
Long-term liabilities 48,048  47,461  36,555  34,296  35,860  36,611  36,355  36,670  37,700  37,669  35,943  34,593  33,826  26,621  25,917  28,123  28,863  25,873  25,416  25,470  18,363  18,699 
Total liabilities 70,529  71,356  58,865  59,360  55,565  55,522  52,981  56,244  55,271  57,630  53,364  55,282  52,608  47,926  46,219  48,216  47,574  43,399  41,083  40,550  31,892  33,734 
Temporary equity —  —  155  166  247  275  419  515  654  801  866  870  874  878  882  886  890  894  897  905  905  908 
Preferred stock —  —  —  —  —  —  —  —  —  —  —  —  —  —  —  —  —  —  —  —  —  — 
Common stock and capital in excess of par value 25,516  25,251  25,261  25,290  25,140  25,346  25,365  25,492  25,470  26,430  26,074  26,547  25,781  25,890  25,373  25,070  24,317  24,088  23,411  23,001  22,625  22,395 
Accumulated other comprehensive income (loss) (1,152) (1,541) (1,280) (722) (622) (813) (974) (1,103) (1,089) (683) 862  1,610  1,174  863  106  400  (80) 560  60  (335) 645  68 
Retained earnings 57,646  52,644  53,523  49,674  50,429  49,128  50,172  47,094  45,666  44,418  42,083  42,779  41,670  40,091  40,747  37,645  37,130  36,526  37,614  34,431  34,425  32,461 
Stockholders’ equity 82,010  76,354  77,504  74,242  74,947  73,661  74,563  71,483  70,047  70,165  69,019  70,936  68,625  66,844  66,226  63,115  61,367  61,174  61,085  57,097  57,695  54,924 
Total liabilities, temporary equity, and stockholders’ equity 152,539  147,710  136,524  133,768  130,759  129,458  127,963  128,242  125,972  128,596  123,249  127,088  122,107  115,648  113,327  112,217  109,831  105,467  103,065  98,552  90,492  89,566 

Based on: 10-Q (filing date: 2020-07-24), 10-Q (filing date: 2020-04-24), 10-K (filing date: 2020-01-24), 10-Q (filing date: 2019-10-25), 10-Q (filing date: 2019-07-26), 10-Q (filing date: 2019-04-26), 10-K (filing date: 2019-02-01), 10-Q (filing date: 2018-10-26), 10-Q (filing date: 2018-07-27), 10-Q (filing date: 2018-04-27), 10-K (filing date: 2018-02-16), 10-Q (filing date: 2017-10-26), 10-Q (filing date: 2017-07-27), 10-Q (filing date: 2017-04-27), 10-K (filing date: 2017-02-17), 10-Q (filing date: 2016-10-31), 10-Q (filing date: 2016-08-01), 10-Q (filing date: 2016-05-02), 10-K (filing date: 2016-02-12), 10-Q (filing date: 2015-10-28), 10-Q (filing date: 2015-07-27), 10-Q (filing date: 2015-04-27).

Balance sheet item Description The company
Current liabilities Total obligations incurred as part of normal operations that are expected to be paid during the following twelve months or within one business cycle, if longer. Intel Corp.’s current liabilities increased from Q4 2019 to Q1 2020 but then slightly decreased from Q1 2020 to Q2 2020 not reaching Q4 2019 level.
Long-term liabilities Amount of obligation due after one year or beyond the normal operating cycle, if longer. Intel Corp.’s long-term liabilities increased from Q4 2019 to Q1 2020 and from Q1 2020 to Q2 2020.
Total liabilities Sum of the carrying amounts as of the balance sheet date of all liabilities that are recognized. Liabilities are probable future sacrifices of economic benefits arising from present obligations of an entity to transfer assets or provide services to other entities in the future. Intel Corp.’s total liabilities increased from Q4 2019 to Q1 2020 but then slightly decreased from Q1 2020 to Q2 2020.
Stockholders’ equity Total of all stockholders’ equity (deficit) items, net of receivables from officers, directors, owners, and affiliates of the entity which are attributable to the parent. The amount of the economic entity’s stockholders’ equity attributable to the parent excludes the amount of stockholders’ equity which is allocable to that ownership interest in subsidiary equity which is not attributable to the parent (noncontrolling interest, minority interest). This excludes temporary equity and is sometimes called permanent equity. Intel Corp.’s stockholders’ equity decreased from Q4 2019 to Q1 2020 but then increased from Q1 2020 to Q2 2020 exceeding Q4 2019 level.