Balance Sheet: Liabilities and Stockholders’ Equity
Quarterly Data

The balance sheet provides creditors, investors, and analysts with information on company resources (assets) and its sources of capital (its equity and liabilities). It normally also provides information about the future earnings capacity of a company 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

	Mar 28, 2026	Dec 27, 2025	Sep 27, 2025	Jun 28, 2025	Mar 29, 2025	Dec 28, 2024	Sep 28, 2024	Jun 29, 2024	Mar 30, 2024	Dec 30, 2023	Sep 30, 2023	Jul 1, 2023	Apr 1, 2023	Dec 31, 2022	Oct 1, 2022	Jul 2, 2022	Apr 2, 2022	Dec 25, 2021	Sep 25, 2021	Jun 26, 2021	Mar 27, 2021
Accounts payable	7,159)	9,882)	10,268)	10,666)	10,896)	12,556)	11,074)	9,618)	8,559)	8,578)	8,669)	8,757)	8,083)	9,595)	7,133)	7,945)	7,210)	5,747)	6,792)	5,917)	5,434)
Accrued compensation and benefits	2,824)	3,990)	3,756)	4,249)	2,652)	3,343)	5,015)	2,651)	2,506)	3,655)	3,115)	2,887)	2,497)	4,084)	3,421)	2,730)	2,731)	4,535)	4,026)	3,176)	2,757)
Short-term debt	2,004)	2,499)	2,496)	6,731)	5,240)	3,729)	3,765)	4,695)	4,581)	2,288)	2,288)	2,711)	1,437)	4,367)	2,283)	2,882)	4,459)	4,591)	4,694)	3,695)	2,647)
Other accrued liabilities	14,898)	15,204)	15,777)	13,320)	13,386)	16,038)	15,305)	15,063)	11,567)	13,532)	14,542)	12,825)	15,376)	14,109)	14,976)	13,661)	14,922)	12,589)	14,060)	12,048)	13,313)
Current liabilities	26,885)	31,575)	32,297)	34,966)	32,174)	35,666)	35,159)	32,027)	27,213)	28,053)	28,614)	27,180)	27,393)	32,155)	27,813)	27,218)	29,322)	27,462)	29,572)	24,836)	24,151)
Long-term debt	43,027)	44,086)	44,057)	44,026)	44,911)	46,282)	46,471)	48,334)	47,869)	46,978)	46,591)	46,335)	48,836)	37,684)	37,240)	32,548)	32,788)	33,510)	35,610)	31,714)	33,237)
Other long-term liabilities	10,431)	9,408)	11,430)	7,777)	8,744)	9,505)	7,048)	5,410)	6,895)	6,576)	7,946)	7,643)	8,671)	8,978)	9,903)	9,434)	11,110)	12,043)	12,693)	12,840)	13,427)
Long-term liabilities	53,458)	53,494)	55,487)	51,803)	53,655)	55,787)	53,519)	53,744)	54,764)	53,554)	54,537)	53,978)	57,507)	46,662)	47,143)	41,982)	43,898)	45,553)	48,303)	44,554)	46,664)
Total liabilities	80,343)	85,069)	87,784)	86,769)	85,829)	91,453)	88,678)	85,771)	81,977)	81,607)	83,151)	81,158)	84,900)	78,817)	74,956)	69,200)	73,220)	73,015)	77,875)	69,390)	70,815)
Common stock and capital in excess of par value	66,259)	65,185)	56,755)	52,334)	51,920)	50,949)	50,665)	49,763)	38,291)	36,649)	35,653)	34,330)	32,829)	31,580)	30,912)	29,858)	29,244)	28,006)	27,592)	26,655)	26,272)
Accumulated other comprehensive income (loss)	(44)	113)	19)	65)	(486)	(711)	(185)	(696)	(542)	(215)	(861)	(544)	(419)	(562)	(2,051)	(1,625)	(1,002)	(880)	(1,147)	(1,095)	(1,103)
Retained earnings	45,179)	48,983)	49,602)	45,484)	48,322)	49,032)	49,052)	66,162)	68,224)	69,156)	67,021)	67,231)	65,649)	70,405)	71,024)	72,985)	74,894)	68,265)	63,642)	59,647)	54,638)
Total Intel stockholders’ equity	111,394)	114,281)	106,376)	97,883)	99,756)	99,270)	99,532)	115,229)	105,973)	105,590)	101,813)	101,017)	98,059)	101,423)	99,885)	101,218)	103,136)	95,391)	90,087)	85,207)	79,807)
Non-controlling interests	13,595)	12,079)	10,354)	7,868)	6,657)	5,762)	5,332)	5,205)	4,783)	4,375)	3,873)	3,454)	2,344)	1,863)	—)	—)	—)	—)	—)	—)	—)
Total stockholders’ equity	124,989)	126,360)	116,730)	105,751)	106,413)	105,032)	104,864)	120,434)	110,756)	109,965)	105,686)	104,471)	100,403)	103,286)	99,885)	101,218)	103,136)	95,391)	90,087)	85,207)	79,807)
Total liabilities and stockholders’ equity	205,332)	211,429)	204,514)	192,520)	192,242)	196,485)	193,542)	206,205)	192,733)	191,572)	188,837)	185,629)	185,303)	182,103)	174,841)	170,418)	176,356)	168,406)	167,962)	154,597)	150,622)

The overall capital structure reflects a significant expansion in total liabilities and stockholders' equity, increasing from 150.6 billion USD in March 2021 to 205.3 billion USD by March 2026. This growth is characterized by a strategic shift in financing, marked by an increase in long-term borrowing and a substantial rise in contributed capital, offset by a steady decline in retained earnings.

Liability Trends and Debt Obligations: Total liabilities exhibited a general upward trajectory, peaking at 91.5 billion USD in December 2024 before moderating to 80.3 billion USD by March 2026. A critical shift occurred in April 2023, where long-term debt surged from approximately 37.7 billion USD to 48.8 billion USD, maintaining a high plateau between 43 billion USD and 48 billion USD through the remainder of the period. Current liabilities remained volatile, with a notable peak of 35.7 billion USD in December 2024, largely driven by accounts payable reaching a high of 12.6 billion USD during the same window, followed by a sharp contraction to 26.9 billion USD by March 2026.
Equity Composition and Capital Allocation: A divergent trend is observed within stockholders' equity. Common stock and capital in excess of par value grew aggressively, rising from 26.3 billion USD in March 2021 to 66.3 billion USD by March 2026, with a sharp acceleration starting in June 2024. Conversely, retained earnings peaked at 74.9 billion USD in April 2022 and entered a long-term decline, ending at 45.2 billion USD in March 2026. This suggests a transition where equity growth is increasingly driven by external capital infusions or stock issuances rather than accumulated internal profits.
Non-Controlling Interests and Comprehensive Income: Non-controlling interests emerged as a significant component of the balance sheet starting in December 2022, growing steadily from 1.9 billion USD to 13.6 billion USD by March 2026. This represents a substantial increase in the proportion of equity attributed to external partners. Meanwhile, accumulated other comprehensive income remained largely negative throughout the period, though it showed signs of stabilization and occasional positive swings toward 2025, before returning to a negative 44 million USD in March 2026.
Overall Solvency and Balance Sheet Stability: The total stockholders' equity increased from 79.8 billion USD to 111.4 billion USD (excluding non-controlling interests), indicating an overall strengthening of the equity base. However, the simultaneous increase in long-term debt suggests a higher leverage profile than seen in early 2021. The balance sheet concludes the period with a higher total asset base, supported by a mix of increased long-term debt and significant increases in paid-in capital.

AI Ask an analyst for more

Download chart

Intel Corp. (NASDAQ:INTC)

Balance Sheet: Liabilities and Stockholders’ Equity Quarterly Data

Balance Sheet: Liabilities and Stockholders’ Equity
Quarterly Data