SEC EDGAR Filing

Company: INTEL CORP
CIK: 50863
Filing Type: 10-K
Filing Date: 2023-01-27
Period of Report: 2022-12-31
SIC Code: 3674
State of Incorporation: DE
State of Location: CA
Fiscal Year End: 1228

Filename: 50863_10K_2022_0000050863-23-000006.htm
Filing Index: https://www.sec.gov/Archives/edgar/data/50863/0000050863-23-000006-index.html
HTM Filing Link: https://www.sec.gov/Archives/edgar/data/50863/000005086323000006/intc-20221231.htm
Complete Text Filing Link: https://www.sec.gov/Archives/edgar/data/50863/0000050863-23-000006.txt

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Item 1. Business
Item 1. Business:
General development of business Pages 3-9, 19
Description of business Pages 3-38, 51-52, 70, 88-86
Available information Page 2

Item 1A. Risk Factors
Item 1A. Risk Factors Pages 53-67

Item 1B. Unresolved Staff Comments
Item 1B. Unresolved Staff Comments Not applicable

Item 2. Properties
Item 2. Properties Pages 14, 67

Item 3. Legal Proceedings
Item 3. Legal Proceedings Pages 109-114

Item 4. Mine Safety Disclosures
Item 4. Mine Safety Disclosures Not applicable
Part II

Item 5. Market for Registrant's Common Equity
Item 5.
Market for Registrant's Common Equity, Related Stockholder Matters, and Issuer Purchases of Equity Securities Pages 11, 68-69

Item 6. Selected Financial Data
Item 6. [Reserved]

Item 7. Management's Discussion and Analysis
Item 7. Management's Discussion and Analysis of Financial Condition and Results of Operations:
Liquidity and capital resources Pages 5-6, 44-47, 47-51
Results of operations Pages 5-6, 19-44, 47-51
Critical accounting estimates Pages 47, 81-87

Item 7A. Quantitative and Qualitative Disclosures About Market Risk
Item 7A. Quantitative and Qualitative Disclosures About Market Risk Page 52

Item 8. Financial Statements and Supplementary Data
Item 8. Financial Statements and Supplementary Data Pages 72-117

Item 9. Changes in and Disagreements with Accountants
Item 9. Changes in and Disagreements with Accountants on Accounting and Financial Disclosure Not applicable

Item 9A. Controls and Procedures
Item 9A. Controls and Procedures Page 118

Item 9B. Other Information
Item 9B. Other Information
Disclosure Pursuant to Section 13(r) of the Securities Exchange Act of 1934 Page 71
Item 9C. Disclosure Regarding Foreign Jurisdictions that Prevent Inspections Not applicable
Part III

Item 10. Directors, Executive Officers and Corporate Governance
Item 10. Directors, Executive Officers, and Corporate Governance Page 70, (a)

Item 11. Executive Compensation
Item 11. Executive Compensation (b)

Item 12. Security Ownership of Certain Beneficial Owners and Management
Item 12. Security Ownership of Certain Beneficial Owners and Management and Related Stockholder Matters (c)

Item 13. Certain Relationships and Related Transactions
Item 13. Certain Relationships and Related Transactions, and Director Independence (d)

Item 14. Principal Accountant Fees and Services
Item 14. Principal Accountant Fees and Services (e)
Part IV

Item 15. Exhibits and Financial Statement Schedules
Item 15. Exhibits and Financial Statement Schedules Pages 72-117, 119-123
Item 16. Form 10-K Summary Not applicable
Signatures Page 125
(a) Incorporated by reference to "Director Nominees," "Director Nomination Process," "Board Committees," "Audit & Finance Committee," "Code of Conduct," "2024 Stockholder Proposals or Nominations," and "Delinquent Section 16(a) Reports" (if applicable) in the 2023 Proxy Statement. The information under the heading "Information about Our Executive Officers" within Other Key Information is also incorporated by reference in this section.
(b) Incorporated by reference to "Risk Oversight," "Director Compensation," "Compensation Discussion and Analysis," "Compensation Committee Report," "Executive Compensation Tables" "CEO Pay Ratio," and "Pay Versus Performance" in the 2023 Proxy Statement.
(c) Incorporated by reference to "Security Ownership of Certain Beneficial Owners and Management" and "Equity Compensation Plan Information" in the 2023 Proxy Statement.
(d) Incorporated by reference to "Director Independence and Transactions Considered in Independence Determinations" and "Certain Relationships and Related Transactions" in the 2023 Proxy Statement.
(e) Incorporated by reference to "2022 and 2021 EY Fees," "Report of the Audit & Finance Committee," and "Pre-Approval Policies" in the 2023 Proxy Statement.
Supplemental Details 124
Pursuant to the requirements of Section 13 or 15(d) of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
INTEL CORPORATION
Registrant
By: /s/ PATRICK P. GELSINGER
Patrick P. Gelsinger
Chief Executive Officer, Director, and Principal Executive Officer
January 26, 2023
Pursuant to the requirements of the Securities Exchange Act of 1934, this report has been signed below by the following persons on behalf of the Registrant and in the capacities and on the dates indicated.
/s/ PATRICK P. GELSINGER /s/ DAVID ZINSNER
Patrick P. Gelsinger David Zinsner
Chief Executive Officer, Director, and Principal Executive Officer Executive Vice President, Chief Financial Officer, and Principal
Financial Officer
January 26, 2023 January 26, 2023
/s/ SCOTT GAWEL
Scott Gawel
Corporate Vice President, Chief Accounting Officer and Principal Accounting Officer
January 26, 2023
/s/ JAMES J. GOETZ /s/ DR. TSU-JAE KING LIU
James J. Goetz Dr. Tsu-Jae King Liu
Director Director
January 26, 2023 January 26, 2023
/s/ DR. ANDREA J. GOLDSMITH /s/ GREGORY D. SMITH
Dr. Andrea J. Goldsmith Gregory D. Smith
Director Director
January 26, 2023 January 26, 2023
/s/ ALYSSA HENRY /s/ LIP-BU TAN
Alyssa Henry Lip-Bu Tan
Director Director
January 26, 2023 January 26, 2023
/s/ DR. OMAR ISHRAK /s/ DION J. WEISLER
Dr. Omar Ishrak Dion J. Weisler
Director Director
January 26, 2023 January 26, 2023
/s/ DR. RISA LAVIZZO-MOUREY /s/ FRANK D. YEARY
Dr. Risa Lavizzo-Mourey Frank D. Yeary
Director Chair of the Board and Director
January 26, 2023 January 26, 2023
/s/ BARBARA G NOVICK
Barbara G. Novick
Director
January 26, 2023
Supplemental Details 125