EX-12 3 q20210q_exhibit12.htm Q2 02 10-Q EXHIBIT 12 RATIO OF EARNINGS 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 29,

June 30,

2002

2001
Income before taxes

$

1,940 

$

1,252 
  
Add fixed charges net of capitalized interest

78 

57 
Income before taxes and fixed
  charges (net of capitalized interest)

$

2,018 

$

1,309 
  
Fixed charges:
  
Interest

$

49 

$

25 
  
Capitalized interest

1 

3 
  
Estimated interest component of rental expense

29 

32 
  
Total

$

79 

$

60 
  
  
Ratio of earnings before taxes and fixed charges,
  to fixed charges


26 


22