intel(R)
2001 Annual Report

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financial information
consolidated statements of income
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Intel Corporation 2001

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  Consolidated statements of income

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Three years ended December 29, 2001
(In millions—except per share amounts)

2001
 
2000
 
1999

 
Net revenues $ 26,539   $ 33,726   $ 29,389
 
 
 
Cost of sales   13,487     12,650     11,836
Research and development   3,796     3,897     3,111
Marketing, general and administrative   4,464     5,089     3,872
Amortization of goodwill and
  other acquisition-related intangibles and costs   2,338     1,586     411
Purchased in-process research
  and development   198     109     392
 
 
 
Operating costs and expenses   24,283     23,331     19,622
 
 
 
Operating income   2,256     10,395     9,767
Gains (losses) on equity securities, net   (466)     3,759     883
Interest and other, net   393     987     578
 
 
 
Income before taxes   2,183     15,141     11,228
Provision for taxes   892     4,606     3,914
 
 
 
Net income $ 1,291   $ 10,535   $ 7,314
 
 
 
Basic earnings per common share $ 0.19   $ 1.57   $ 1.10
 
 
 
Diluted earnings per common share $ 0.19   $ 1.51   $ 1.05
 
 
 
 
Weighted average common shares
  outstanding   6,716      6,709      6,648
 
 
 
Weighted average common shares
  outstanding, assuming dilution   6,879     6,986     6,940
 
 
 

See accompanying notes.

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* Legal Information © 2002 Intel Corporation
Content published April 10, 2002.