INTC · 10-Q · 2026Q2 · Full report

Interest Rate and Refinancing Exposure

INTEL CORP · 2026-07-24 · Importance 69 · Surprise 50

Intel issued $6.5 billion of senior notes in Q2 2026, consisting of maturities from 2031 through 2066 with fixed coupons ranging from 4.65% to 6.20%. The issuance followed settlement of $1.0 billion of notes due May 2026 and funded repayment of the $6.5 billion term loan used for the Ireland SCIP repurchase. Total debt was $50.537 billion at June 27, 2026, compared with $46.585 billion at December 27, 2025; Intel also retained a $7.0 billion revolving facility through February 2029 and a $3.0 billion facility maturing January 2029.

Key facts

• Total gross notional amounts for outstanding derivatives at June 27, 2026 were: foreign currency contracts $18,583 million, interest rate contracts $22,920 million, equity contracts $2,544 million, and total $44,047 million. source
• The total notional amount of outstanding pay-variable, receive-fixed interest rate contracts designated as fair value hedges was $14.7 billion as of June 27, 2026 and $9.7 billion as of December 27, 2025. source
• INTEL CORP interest and other, net for the three months ended Jun 27, 2026: ($12,576) million. source
• Earnings per share attributable to Intel—diluted was $(2.16) in Q2 2026 and $(2.89) YTD 2026. source