Supplemental financial information

9 Months Ended

Sep. 30, 2023

Disclosure Text Block Supplement [Abstract]

Supplemental financial information

Supplemental financial information

Restructuring charges/other

During the third quarter and first nine months of 2022, restructuring charges/other included $77 million and $209 million, respectively, of preproduction costs at our Lehi, Utah, manufacturing facility, which were included in Other for segment reporting purposes. These costs transitioned primarily to cost of revenue after production began in December 2022.

Other long-term assets

	September 30,		December 31,
	2023		2022
U.S. CHIPS and Science Act investment tax credit	$	1,153	$	395
Other	770		740
Total	$	1,923	$	1,135

Details on amounts reclassified out of accumulated other comprehensive income (loss), net of taxes, to net income

Our Consolidated Statements of Comprehensive Income include items that have been recognized within net income during the third quarters and first nine months of 2023 and 2022. The table below details where these transactions are recorded in our Consolidated Statements of Income.

	For Three Months Ended				For Nine Months Ended				Impact to Related Statement of Income Lines
	September 30,				September 30,
	2023		2022		2023		2022
Net actuarial losses of defined benefit plans:
Recognized net actuarial loss and settlement losses (a)	$	4	$	19	$	12	$	42	Decrease to OI&E
Tax effect	(1)		(4)		(3)		(9)		Decrease to provision for income taxes
Recognized within net income, net of taxes	$	3	$	15	$	9	$	33	Decrease to net income
Prior service cost (credit) of defined benefit plans:
Amortization of prior service cost (credit) (a)	$	1	$	(1)	$	1	$	(1)	Decrease (increase) to OI&E
Tax effect	—		—		—		—		(Decrease) increase to provision for income taxes
Recognized within net income, net of taxes	$	1	$	(1)	$	1	$	(1)	Decrease (increase) to net income

(a)Detailed in Note 5

Stock compensation

During the first nine months of 2023, 3 million shares were issued from treasury related to stock compensation. Shares issued from treasury during the third quarter of 2023 were less than 1 million.