10-K.Info (Beta Test) Courtesy of Short Sands, LLC | |||||||||||||
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10-K.Info (Beta Test) Courtesy of Short Sands, LLC | |||
ADVANCED MICRO DEVICES INC | |||
Ticker: AMD Fiscal Year: 2011 | |||
Consolidated Statements Of Operations | |||
Period Ending Dec 31, 2011 10-K (Filed: Feb 24, 2012) | |||
| (In Millions) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| Dec 31, 2011 | Dec 25, 2010 | Dec 26, 2009 | |
| Net revenue | $ 6,568 | 6,494 | 5,403 |
| Cost of sales | 3,628 | 3,533 | 3,131 |
| Gross margin | 2,940 | 2,961 | 2,272 |
| Research and development | 1,453 | 1,405 | 1,721 |
| Marketing, general and administrative | 992 | 934 | 994 |
| Legal settlements | (283) | (1,242) | |
| Amortization of acquired intangible assets | 29 | 61 | 70 |
| Restructuring charges (reversals), net | 98 | (4) | 65 |
| Operating income | 368 | 848 | 664 |
| Interest income | 10 | 11 | 16 |
| Interest expense | (180) | (199) | (438) |
| Other income (expense), net | (199) | 311 | 166 |
| Income (loss) before equity income (loss) and dilution gain in investees and income taxes | (1) | 971 | 408 |
| Provision (benefit) for income taxes | (4) | 38 | 112 |
| Equity in net income (loss) and dilution gain in investee, net | 492 | (462) | |
| Income from continuing operations | 495 | 471 | 296 |
| Loss from discontinued operations, net of tax | (4) | (3) | |
| Net income | 491 | 471 | 293 |
| Net income attributable to noncontrolling interest | 83 | ||
| Class B preferred accretion | (72) | ||
| Net income attributable to AMD common stockholders | 491 | 471 | 304 |
| Basic | |||
| Continuing operations | 0.68 | 0.66 | 0.46 |
| Discontinued operations | (0.01) | ||
| Basic net income (loss) attributable to AMD common stockholders per common share | 0.68 | 0.66 | 0.46 |
| Diluted | |||
| Continuing operations | 0.67 | 0.64 | 0.45 |
| Discontinued operations | (0.01) | ||
| Diluted net income attributable to AMD common stockholders per common share | 0.66 | 0.64 | 0.45 |
| Shares used in per share calculation | |||
| Basic | 727 | 711 | 673 |
| Diluted | 742 | 733 | 678 |
10-K.Info (Beta Test) Courtesy of Short Sands, LLC | |||
ADVANCED MICRO DEVICES INC | |||
Ticker: AMD Fiscal Year: 2011 | |||
Consolidated Statements Of Cash Flows | |||
Period Ending Dec 31, 2011 10-K (Filed: Feb 24, 2012) | |||
| (In Millions, except shares in actual) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| Dec 31, 2011 | Dec 25, 2010 | Dec 26, 2009 | |
| Cash flows from operating activities: | |||
| Net income | $ 491 | 471 | 293 |
| Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities: | |||
| Equity in net (gain) loss of investee | (492) | 462 | |
| Gain on deconsolidation of GLOBALFOUNDRIES | (325) | ||
| Impairment related to the GLOBALFOUNDRIES investment | 209 | ||
| Depreciation and amortization | 317 | 383 | 1,128 |
| Deferred income taxes | (6) | (5) | 130 |
| Amortization of foreign grant and allowance income | (1) | (16) | (110) |
| Compensation recognized under employee stock plans | 90 | 87 | 75 |
| Non-cash interest expense | 21 | 30 | 121 |
| Net gain on sale of marketable securities | (4) | (17) | |
| Net loss (gain) on debt redemption | 6 | 24 | (169) |
| Other | 3 | (11) | 44 |
| Changes in operating assets and liabilities: | |||
| Accounts receivable | (347) | (1,138) | (960) |
| Inventories | 157 | (144) | 89 |
| Prepaid expenses and other current assets | 115 | (97) | (17) |
| Other assets | (1) | 11 | (18) |
| Accounts payables, accrued liabilities and other | (148) | (182) | (133) |
| Accounts payable to GLOBALFOUNDRIES | (28) | 55 | |
| Net cash provided by (used in) operating activities | 382 | (412) | 473 |
| Cash flows from investing activities: | |||
| Purchases of available-for-sale securities | (1,586) | (1,800) | (1,486) |
| Purchases of property, plant and equipment | (250) | (148) | (466) |
| Cash decrease due to deconsolidation of GLOBALFOUNDRIES | (904) | ||
| Proceeds from sale of certain Handheld assets | 58 | ||
| Proceeds from sale and maturity of available-for-sale securities | 1,726 | 1,640 | 603 |
| Proceeds from sale and maturity of trading securities | 69 | 14 | |
| Proceeds from sale of property, plant and equipment | 16 | 1 | |
| Other | (19) | 19 | 4 |
| Net cash used in investing activities | (113) | (1,123) | (1,273) |
| Cash flows from financing activities: | |||
| Proceeds from issuance of GLOBALFOUNDRIES convertible notes | 1,269 | ||
| Proceeds from issuance of preferred securities of GLOBALFOUNDRIES | 1,091 | ||
| Proceeds from borrowings, net of issuance cost | 170 | 1,520 | 1,060 |
| Proceeds from issuance of AMD common stock | 18 | 15 | 125 |
| Net proceeds from foreign grants and allowances | 20 | 19 | 55 |
| Repurchase of noncontrolling interest | (158) | ||
| Repayments of debt and capital lease obligations | (209) | (1,074) | (1,820) |
| Payments on return of noncontrolling interest contributions | (67) | ||
| Payments under silent partner obligation | (32) | ||
| Other | (5) | 4 | 1 |
| Net cash provided by (used in) financing activities | (6) | 484 | 1,524 |
| Net increase (decrease) in cash and cash equivalents | 263 | (1,051) | 724 |
| Cash and cash equivalents at beginning of year | 606 | 1,657 | |
| Cash and cash equivalents at end of year | 869 | 606 | 1,657 |
| Supplemental disclosures of cash flow information: | |||
| Cash paid during the year for: Interest | 152 | 164 | 319 |
| Cash paid during year for: Income taxes | 9 | 12 | 14 |
| Non-cash financing activities: | |||
| Capital leases | 36 | ||
10-K.Info (Beta Test) Courtesy of Short Sands, LLC | ||
ADVANCED MICRO DEVICES INC | ||
Ticker: AMD Fiscal Year: 2011 | ||
Consolidated Balance Sheets | ||
Period Ending Dec 31, 2011 10-K (Filed: Feb 24, 2012) | ||
| (In Millions, except shares in actual) | ||
| As of | As of | |
| Dec 31, 2011 | Dec 25, 2010 | |
| ASSETS | ||
| Cash and cash equivalents | $ 869 | 606 |
| Marketable securities | 896 | 1,183 |
| Total cash and cash equivalents and marketable securities | 1,765 | 1,789 |
| Accounts receivable, net | 919 | 968 |
| Inventories, net | 476 | 632 |
| Prepaid expenses and other current assets | 69 | 205 |
| Total current assets | 3,229 | 3,594 |
| Long-term marketable securities | 149 | |
| Property, plant and equipment, net | 726 | 700 |
| Investment in GLOBALFOUNDRIES | 278 | |
| Goodwill | 323 | 323 |
| Other assets | 249 | 347 |
| Total assets | 4,954 | 4,964 |
| LIABILITIES AND STOCKHOLDERS' EQUITY | ||
| Accounts payable | 363 | 376 |
| Accounts payable to GLOBALFOUNDRIES | 177 | 205 |
| Accrued liabilities | 550 | 698 |
| Deferred income on shipments to distributors | 123 | 143 |
| Other short-term obligations | 229 | |
| Current portion of long-term debt and capital lease obligations | 489 | 4 |
| Other current liabilities | 72 | 19 |
| Total current liabilities | 1,774 | 1,674 |
| Long-term debt and capital lease obligations, less current portion | 1,527 | 2,188 |
| Other long-term liabilities | 63 | 89 |
| Commitments and contingencies (see Notes 16 and 17) | ||
| Stockholders' equity: | ||
| Common stock, par value $0.01; 1,500 shares authorized on December 31, 2011 and December 25, 2010; shares issued: 706 shares on December 31, 2011 and 691 on December 25, 2010; shares outstanding: 698 shares on December 31, 2011 and 683 on December 25, 2010 | 7 | 7 |
| Additional paid-in capital | 6,672 | 6,575 |
| Treasury stock, at cost (9 shares on December 31, 2011 and 8 shares on December 25, 2010) | (107) | (102) |
| Accumulated deficit | (4,977) | (5,468) |
| Accumulated other comprehensive income (loss) | (5) | 1 |
| Total stockholders' equity | 1,590 | 1,013 |
| Total liabilities and stockholders' equity | 4,954 | 4,964 |
| External Links | |
| ADVANCED MICRO DEVICES INC (AMD) Fiscal Year 2011 | |
| Statements of 10-K in Excel | https://www.sec.gov/.../Financial.xlxs |
| Complete 10-K in HTML | https://www.sec.gov/.../10-K.html |
| Complete 10-K in XBRL | https://www.sec.gov/.../10-K-xbrl.zip |