INTEL CORPORATION Consolidated Statements of Income
(in millions)	2010		2009		2008
Net revenue	$43,623		$35,127		$37,586
Cost of sales	15,132		15,566		16,742
Gross margin	28,491		19,561		20,844
Research and development	6,576		5,653		5,722
Marketing, general and administrative	6,309		7,931		5,452
Restructuring and asset impairment charges	--		231		710
Amortization of acquisition-related intangibles	18		35		6
Operating expenses	12,903		13,850		11,890
Operating income	15,588		5,711		8,954
Gains (losses) on equity method investments, net- operating	117		(147)		(1,380)
Gains (losses) on other equity investments, net- nonoperating	231		(23)		(376)
Interest and other, net	109		163		488
Income before taxes	16,045		5,704		7,686
Provision for taxes	4,581		1,335		2,394
Net income	$11,464		$4,369		$5,292
INTEL CORPORATION Consolidated Balance Sheets
(in millions, except par value)		2010		2009
Assets Current assets
Cash and cash equivalents		$5,948		$3,987
Short-term investments		11,294		5,285
Trading assets		5,093		4,648
Accounts receivable, net of allowance for doubtful accounts of $28 ($19 in 2009)		2,867		2,273
Inventories		3,757		2,935
Deferred tax assets		1,488		1,216
Other current assets		1,614		813
Total current assets		31,611		21,157
Property, plant and equipment, net		17,899		17,225
Marketable equity securities		1,008		773
Other long-term investments		3,026		4,179
Goodwill		4,531		4,421
Other long-term assets		5,111		5,340
Total assets		$63,186		$53,095
Liabilities and stockholders