Question
The following is from the statement of shareholders' equity for Intel Corporation for 2015 (in millions of dollars). Intel faces a 38% tax rate. Balance,
The following is from the statement of shareholders' equity for Intel Corporation for 2015 (in millions of dollars). Intel faces a 38% tax rate.
Balance, December 25, 2014 |
| 32,535 |
Net income |
| 10,535 |
Unrealized loss on available-for-sale securities |
| (3,596) |
Issuance of shares through employee stock plans, net of tax benefit of $887 million |
| 1,684 |
Reclassification of put warrant obligation |
| 130 |
Amortization of unearned compensation |
| 26 |
Conversion of subordinated notes to common stock (market value of stock was $350 million) |
| 207 |
Repurchase of common stock |
| (4,007) |
Cash dividends |
| (470) |
Issuance of shares for acquisitions |
| 278 |
|
| 37,322 |
Calculate comprehensive income to Intel's shareholders for 2015, being sure to include any hidden dirty surplus expenses.
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