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Consolidated Condensed Statements of Income - USD ($)
shares in Millions, $ in Millions
3 Months Ended 6 Months Ended
Jun. 29, 2024
Jul. 01, 2023
Jun. 29, 2024
Jul. 01, 2023
Income Statement [Abstract]        
Net revenue $ 12,833 $ 12,949 $ 25,557 $ 24,664
Cost of sales 8,286 8,311 15,793 16,018
Gross margin 4,547 4,638 9,764 8,646 CloseClose
Research and development 4,239 4,080 8,621 8,189 Close
Marketing, general, and administrative 1,329 1,374 2,885 2,677 Close
Restructuring and other charges 943 200 1,291 264 Close
Operating expenses 6,511 5,654 12,797 11,130 CloseClose
Operating income (loss) (1,964) (1,016) (3,033) (2,484) CloseClose
Gains (losses) on equity investments, net (120) (24) 85 145 CloseCloseCloseCloseCloseClose
Interest and other, net 80 224 225 365 CloseCloseCloseCloseCloseCloseCloseCloseCloseCloseClose
Total Other Income Expenses 1924.0 592.0 2498.0 1609.0 0.0 Close
Income (loss) before taxes (2,004) (816) (2,723) (1,974) CloseCloseCloseCloseCloseCloseCloseCloseCloseCloseCloseCloseCloseCloseClose
Provision for (benefit from) taxes (350) (2,289) (632) (679) CloseClose
Net income (loss) (1,654) 1,473 (2,091) (1,295) CloseClose
Less: Net income (loss) attributable to non-controlling interests (44) (8) (100) (18)
Net income (loss) attributable to Intel $ (1,610) $ 1,481 $ (1,991) $ (1,277)
Earnings per share - Basic (in dollars per share) $ (0.38) $ 0.35 $ (0.47) $ (0.31)
Earnings per share - Diluted (in dollars per share) $ (0.38) $ 0.35 $ (0.47) $ (0.31)
Weighted average shares of common stock outstanding:        
Basic (shares) 4,267 4,182 4,254 4,168
Diluted (shares) 4,267 4,196 4,254 4,168