INTEL CORPORATION CONSOLIDATED BALANCE SHEET December 27, 2008 (In Millions, Except Par Value) Assets Current assets: …

INTEL CORPORATION
CONSOLIDATED BALANCE SHEET
December 27, 2008
(In Millions, Except Par Value)
Assets
Current assets:
Cash and cash equivalents $ 3,350
Short-term investments 5,331
Trading assets 3,162
Accounts receivable, net of allowance for doubtful accounts of $17 ($27 in 2008) 1,712
Inventories 3,744
Deferred tax assets 1,390
Other current assets 1,182

Total current assets 19,871

Property, plant and equipment, net 17,544
Marketable strategic equity securities 352
Other long-term investments 2,924
Goodwill 3,932
Other long-term assets 6,092

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Total assets $ 50,715

Liabilities and stockholders’ equity
Current liabilities:
Short-term debt $ 102
Accounts payable 2,390
Accrued compensation and benefits 2,015
Accrued advertising 807
Deferred income on shipments to distributors 463
Other accrued liabilities 2,041

Total current liabilities 7,818

Long-term income taxes payable 736
Deferred tax liabilities 46
Long-term debit 1,886
Other long-term liabilities 1,141
Commitments and contingencies (Notes 18 and 24)
Stockholders’ equity:
Preferred stock, $0.001 par value, 50 shares authorized; none issued –
Common stock, $0.001 par value, 10,000 shares authorized; 5,562 issued and outstanding(5,818 in 2007) and capital in excess of par value 12,944
Accumulated other comprehensive income (loss) (393 )
Retained earnings 26,537

Total stockholders’ equity 39,088

Total liabilities and stockholders’ equity $ 50,715

Required:
Prepare a common size balance sheet at December 27, 2008. (Round your answers to 1 decimal place. Omit the “%” sign in your response.)

INTEL CORPORATION
Common Size Balance Sheet
December 27, 2008
Total current assets %
Property, plant and equipment, (net)
Marketable strategic equity securities and other long-term investments
Goodwill and other long-term assets, net

Total assets %

Total current liabilities %
Total long-term liabilities (including deferred income tax liabilities)
Total stockholders’ equity

Total liabilities and stockholders’ equity %

 

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