Balance Sheet

Consolidated Balance Sheets - USD ($) $ in Millions	Dec. 28, 2024	Dec. 30, 2023
Current assets:
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents	$ 8,249	$ 7,079
Short-term investments	13,813	17,955
Accounts receivable, net	3,478	3,402
Inventories	12,198	11,127
Other current assets	9,586	3,706
Total current assets	47,324	43,269
Property, plant, and equipment, net	107,919	96,647
Equity investments	5,383	5,829
Goodwill	24,693	27,591
Identified intangible assets, net	3,691	4,589
Other long-term assets	7,475	13,647
Total assets	196,485	191,572
Current liabilities:
Short-term debt	3,729	2,288
Accounts payable	12,556	8,578
Accrued compensation and benefits	3,343	3,655
Income taxes payable	1,756	1,107
Other accrued liabilities	14,282	12,425
Total current liabilities	35,666	28,053
Debt	46,282	46,978
Other long-term liabilities	9,505	6,576
Commitments and Contingencies (Note 19)
Stockholders' equity:
Preferred stock, $0.001 par value, 50 shares authorized; none issued	0	0
Common stock, $0.001 par value, 10,000 shares authorized; 4,330 shares issued and outstanding (4,228 issued and outstanding in 2023) and capital in excess of par value	50,949	36,649
Accumulated other comprehensive income (loss)	(711)	(215)
Retained earnings	49,032	69,156
Total Intel stockholders' equity	99,270	105,590
Non-controlling interests	5,762	4,375
Total stockholders' equity	105,032	109,965
Total liabilities and stockholders' equity	$ 196,485	$ 191,572

Income Statement

Consolidated Statements of Income - USD ($) shares in Millions, $ in Millions	12 Months Ended
Dec. 28, 2024	Dec. 30, 2023	Dec. 31, 2022
Income Statement [Abstract]
Net revenue	$ 53,101	$ 54,228	$ 63,054
Cost of sales	35,756	32,517	36,188
Gross margin	17,345	21,711	26,866
Research and development	16,546	16,046	17,528
Marketing, general, and administrative	5,507	5,634	7,002
Restructuring and other charges	6,970	(62)	2
Operating expenses	29,023	21,618	24,532
Operating income (loss)	(11,678)	93	2,334
Gains (losses) on equity investments, net	242	40	4,268
Interest and other, net	226	629	1,166
Income (loss) before taxes	(11,210)	762	7,768
Provision for (benefit from) taxes	8,023	(913)	(249)
Net income (loss)	(19,233)	1,675	8,017
Less: net income (loss) attributable to non-controlling interests	(477)	(14)	3
Net income (loss) attributable to Intel	$ (18,756)	$ 1,689	$ 8,014
Earnings (loss) per share attributable to Intelbasic	$ (4.38)	$ 0.40	$ 1.95
Earnings (loss) per share attributable to Inteldiluted	$ (4.38)	$ 0.40	$ 1.94
Weighted average shares of common stock outstanding:
Basic (shares)	4,280	4,190	4,108
Diluted (shares)	4,280	4,212	4,123

• Select afinancial ratio (e.g., liquidity ratio, profitability ratio) and describe its significance in financial analysis.
• Calculate the ratio for your selected SEC 10-K project manufacturing company and interpret what the result reveals about the company's health.