(In Millions, Except Par Value; Unaudited)

Jul 1, 2023

Dec 31, 2022

Assets

Current assets:

Cash and cash equivalents

$ 8,349

$ 11,144

Short-term investments

15,908

17,194

Accounts receivable, net

2,996

4,133

Inventories

Raw materials

1,284

1,517

Work in process

6,638

7,565

Finished goods

4,062

4,142

11,984

13,224

Other current assets

4,119

4,712

Total current assets

43,356

50,407

Property, plant and equipment, net

90,945

80,860

Equity investments

5,893

5,912

Goodwill

27,591

27,591

Identified intangible assets, net

5,173

6,018

Other long-term assets

12,671

11,315

Total assets

$ 185,629

$ 182,103

Liabilities and stockholders’ equity

Current liabilities:

Short-term debt

$ 2,711

$ 4,367

Accounts payable

8,757

9,595

Accrued compensation and benefits

2,887

4,084

Income taxes payable

2,169

2,251

Other accrued liabilities

10,656

11,858

Total current liabilities

27,180

32,155

Debt

46,335

37,684

Other long-term liabilities

7,643

8,978

Stockholders’ equity:

Common stock and capital in excess of par value, 4,188 issued and outstanding (4,137 issued and outstanding as of December 31, 2022)

34,330

31,580

Accumulated other comprehensive income (loss)

(544)

(562)

Retained earnings

67,231

70,405

Total Intel stockholders' equity

101,017

101,423

Non-controlling interests

3,454

1,863

Total stockholders' equity

104,471

103,286

Total liabilities and stockholders’ equity

$ 185,629

$ 182,103