EX-12 4 exh12_1.htm Q2 01 10-Q FIXED CHARGES LIVE Intel Corporation

Exhibit 12.1

Intel Corporation

Statement Setting Forth the Computation

of Ratios of Earnings to Fixed Charges

(in millions)

 

Six Months Ended

June 30,

July 1,

2001

2000
Income before taxes $

1,252

 $

7,943
Add fixed charges net of capitalized interest

57

44
Income before taxes and fixed charges
  (net of capitalized interest)
$


1,309
$


7,987
Fixed charges:
Interest $

25

 $

21
Capitalized interest

3

4
Estimated interest component of rental expense

32

23
Total $

60

 $

48
Ration of Earnings before taxes and fixed
  charges, to fixed charges


22


166