How much do depreciation assumptions change INTEL CORP's earnings?
Gross property and equipment, depreciation and capital spending, with an alternative useful-life calculator. Cash spending is kept separate.
Depreciation against the asset base
Gross property and equipment of $174.25B against $11.13B of depreciation and amortization implies an average life of about 15.7 years (gross assets ÷ annual charge). The charge includes amortization where the company reports them together.
| Fiscal year | Gross PP&E | Net PP&E | Depreciation & amortization | Implied life (yrs) | Capital expenditure (cash) |
|---|---|---|---|---|---|
| 2017 | $100.39B | $41.11B | $177.0M | 567.2 | $11.78B |
| 2018 | $114.32B | $48.98B | $200.0M | 571.6 | $15.18B |
| 2019 | $128.71B | $55.39B | $200.0M | 643.5 | $16.21B |
| 2020 | $134.23B | $56.58B | $10.48B | 12.8 | $14.26B |
| 2021 | $148.54B | $63.24B | $9.95B | 14.9 | $18.73B |
| 2022 | $174.25B | $80.86B | $11.13B | 15.7 | $24.84B |
10-K filed 2025-01-31 · Depreciation
Compare an alternative useful life
A 17-year average life gives an annual charge of $10.25B instead of $11.13B. After tax at 21%, net income would be higher by $693.8M. Cash spending ($24.84B) is unchanged.
Straight-line on gross assets, no salvage value; land and construction in progress are not separated. Treat as an order-of-magnitude comparison.