SIGNIFICANT ACCOUNTING POLICIES (Tables)

9 Months Ended

Oct. 01, 2022

SIGNIFICANT ACCOUNTING POLICIES

Schedule of reconciliation of cash, cash equivalents and restricted cash

U.S. dollars In millions	October 1, 2022		December 25, 2021
Cash and cash equivalents	$	871	$	616
Restricted cash (within other long-term assets)		11		9
Cash, cash equivalents and restricted cash	$	882	$	625

Schedule of notional amount and fair value of derivatives outstanding at Intel on behalf of Mobileye

	October 1, 2022		December 25, 2021
	U.S. dollars in millions
Notional amount of derivatives	$	192	$	230
Fair value of derivatives receivable from (payable to) Intel	$	(19)	$	5

Schedule of change in accumulated other comprehensive income (loss) relating to gains (losses) on derivatives used for hedging

	Three Months Ended		Nine Months Ended
	October 1, 2022		October 1, 2022
	U.S. dollars in millions
Other comprehensive income (loss) before reclassifications	$	1	$	(30)
Amounts reclassified out of accumulated other comprehensive income (loss)		6		6
Tax effects		(1)		1
Other comprehensive income (loss), net	$	6	$	(23)