1. Prepare a common-size balance sheet for Intel for all years presented.
2. Describe the types of assets Intel owns. Which assets are the most significant to the company? Using the notes to the financial statements, discuss the accounting methods used to value assets. What other information can be learned about the asset accounts from the notes? Have there been significant changes to the asset structure from 2012 to 2013?
3. Analyze the accounts receivable and allowance for doubtful accounts.
4. Describe the types of liabilities Intel has incurred. Which liabilities are the most significant to the company? Have there been significant changes to the liability and equity structure from 2012 to 2013?
5. Describe the commitments and contingencies of Intel.

INTEL CORPORATION CONSOLIDATED BALANCE SHEETS 2013 2012 5,674 $ 5,972 8,441 3,582 4,172 2,594 1,649 32,084 31,428 6,221 1,473 10,513 5,150 8,478 3,999 5,685 3,833 4,734 2,117 2,512 31,358 27,983 4,424 493 9,710 6,235 4,148 84,351 5,489 $ 92,358 $ December 28, 2013, and December 29, 2012 (In Millions, Except Par Value) Assets Current assets: Cash and cash equivalents Short-term investments Trading assets Accounts receivable, net of allowance for doubtful accounts of $38 ($38 in 2012) Inventories Deferred tax assets Other current assets Total current assets Property, plant and equipment, net Marketable equity securities Other long-term investments Goodwill Identified intangible assets, net Other long-term assets Total assets Liabilities and stockholders' equity Current liabilities: Short-term debt Accounts payable Accrued compensation and benefits Accrued advertising Deferred income Other accrued liabilities Total current liabilities Long-term debt Long-term deferred tax liabilities Other long-term liabilities Commitments and contingencies (Notes 18 and 26) Stockholders' equity: Preferred stock, $0.001 par value, 50 shares authorized; none issued Common stock, $0.001 par value, 10,000 shares authorized; 4,967 issued and outstanding (4,944 issued and outstanding in 2012) and capital in excess of par value Accumulated other comprehensive income (loss) Retained earnings Total stockholders' equity Total liabilities and stockholders' equity 281 $ 2,969 3,123 1,021 2,096 4,078 13,568 13,165 4,397 2,972 312 3,023 2,972 1,015 1,932 3,644 12,898 13,136 3,412 3,702 21,536 1,243 35,477 58,256 92,358 19,464 (399) 32,138 51,203 84,351 256 $ INTEL CORPORATION CONSOLIDATED BALANCE SHEETS 2013 2012 5,674 $ 5,972 8,441 3,582 4,172 2,594 1,649 32,084 31,428 6,221 1,473 10,513 5,150 8,478 3,999 5,685 3,833 4,734 2,117 2,512 31,358 27,983 4,424 493 9,710 6,235 4,148 84,351 5,489 $ 92,358 $ December 28, 2013, and December 29, 2012 (In Millions, Except Par Value) Assets Current assets: Cash and cash equivalents Short-term investments Trading assets Accounts receivable, net of allowance for doubtful accounts of $38 ($38 in 2012) Inventories Deferred tax assets Other current assets Total current assets Property, plant and equipment, net Marketable equity securities Other long-term investments Goodwill Identified intangible assets, net Other long-term assets Total assets Liabilities and stockholders' equity Current liabilities: Short-term debt Accounts payable Accrued compensation and benefits Accrued advertising Deferred income Other accrued liabilities Total current liabilities Long-term debt Long-term deferred tax liabilities Other long-term liabilities Commitments and contingencies (Notes 18 and 26) Stockholders' equity: Preferred stock, $0.001 par value, 50 shares authorized; none issued Common stock, $0.001 par value, 10,000 shares authorized; 4,967 issued and outstanding (4,944 issued and outstanding in 2012) and capital in excess of par value Accumulated other comprehensive income (loss) Retained earnings Total stockholders' equity Total liabilities and stockholders' equity 281 $ 2,969 3,123 1,021 2,096 4,078 13,568 13,165 4,397 2,972 312 3,023 2,972 1,015 1,932 3,644 12,898 13,136 3,412 3,702 21,536 1,243 35,477 58,256 92,358 19,464 (399) 32,138 51,203 84,351 256 $