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: 2014 | |||
Consolidated Statements of Operations | |||
Period Ending Dec 27, 2014 10-K (Filed: Feb 19, 2015) | |||
| (In Millions) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| Dec 27, 2014 | Dec 28, 2013 | Dec 29, 2012 | |
| Net revenue | $ 5,506 | 5,299 | 5,422 |
| Cost of sales | 3,667 | 3,321 | 4,187 |
| Gross margin | 1,839 | 1,978 | 1,235 |
| Research and development | 1,072 | 1,201 | 1,354 |
| Marketing, general and administrative | 604 | 674 | 823 |
| Amortization of acquired intangible assets | 14 | 18 | 14 |
| Restructuring and other special charges, net | 71 | 30 | 100 |
| Goodwill impairment charge | 233 | 0 | 0 |
| Legal settlements, net | 0 | (48) | 0 |
| Operating income (loss) | (155) | 103 | (1,056) |
| Interest income | 3 | 5 | 8 |
| Interest expense | (177) | (177) | (175) |
| Other income (expense), net | (69) | (5) | 6 |
| Loss before income taxes | (398) | (74) | (1,217) |
| Provision (benefit) for income taxes | 5 | 9 | (34) |
| Net loss | (403) | (83) | (1,183) |
| Basic | |||
| Basic net loss per share | (0.53) | (0.11) | (1.60) |
| Diluted | |||
| Diluted net loss per share | (0.53) | (0.11) | (1.60) |
| Shares used in per share calculation | |||
| Basic | 768 | 754 | 741 |
| Diluted | 768 | 754 | 741 |
10-K.Info (Beta Test) Courtesy of Short Sands, LLC | |||
ADVANCED MICRO DEVICES INC | |||
Ticker: AMD Fiscal Year: 2014 | |||
Consolidated Statements of Comprehensive Income (Loss) | |||
Period Ending Dec 27, 2014 10-K (Filed: Feb 19, 2015) | |||
| (In Millions, except shares in actual) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| Dec 27, 2014 | Dec 28, 2013 | Dec 29, 2012 | |
| Net loss | $ (403) | (83) | (1,183) |
| Other comprehensive income (loss): | |||
| Unrealized gains (losses) on available-for-sale securities: | |||
| Unrealized gains (losses) arising during period, net of tax effect of zero | 0 | (1) | 1 |
| Reclassification adjustment for (gains) losses realized and included in net loss, net of tax effect of zero | 0 | 2 | 0 |
| Total change in unrealized gains (losses) on available-for-sale securities, net of tax | 0 | 1 | 1 |
| Unrealized gains (losses) on cash flow hedges: | |||
| Unrealized gains (losses) arising during period, net of tax benefit (expense) of $0, $0 and $1 | (9) | (6) | 1 |
| Reclassification adjustment for (gains) losses realized and included in net loss, net of tax expense (benefit) of $0, $3 and $0 | 6 | 6 | 0 |
| Total change in unrealized gains (losses) on cash flow hedges, net of tax | (3) | 0 | 1 |
| Total other comprehensive income (loss) | (3) | 1 | 2 |
| Total comprehensive loss | (406) | (82) | (1,181) |
10-K.Info (Beta Test) Courtesy of Short Sands, LLC | |||
ADVANCED MICRO DEVICES INC | |||
Ticker: AMD Fiscal Year: 2014 | |||
Consolidated Statements of Cash Flows | |||
Period Ending Dec 27, 2014 10-K (Filed: Feb 19, 2015) | |||
| (In Millions, except shares in actual) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| Dec 27, 2014 | Dec 28, 2013 | Dec 29, 2012 | |
| Cash flows from operating activities: | |||
| Net loss | $ (403) | (83) | (1,183) |
| Adjustments to reconcile net loss to net cash used in operating activities: | |||
| Non-cash portion of the limited waiver of exclusivity from GLOBALFOUNDRIES | 0 | 0 | 278 |
| Depreciation and amortization | 203 | 236 | 260 |
| Net loss on disposal of property, plant and equipment | 0 | 31 | 1 |
| Deferred income taxes | 0 | 1 | (40) |
| Stock-based compensation expense | 81 | 91 | 97 |
| Non-cash interest expense | 17 | 25 | 23 |
| Goodwill impairment charge | 233 | 0 | 0 |
| Restructuring and other special charges, net | 14 | 0 | 4 |
| Net loss on debt redemptions | 61 | 1 | 0 |
| Other | (13) | (2) | 2 |
| Changes in operating assets and liabilities: | |||
| Accounts receivable | 7 | (200) | 290 |
| Inventories | 199 | (322) | (83) |
| Prepayments to GLOBALFOUNDRIES | (113) | 0 | 0 |
| Prepaid expenses and other assets | (7) | (103) | (32) |
| Accounts payables, accrued liabilities and other | (231) | 266 | (232) |
| Payable to GLOBALFOUNDRIES | (146) | (89) | 277 |
| Net cash used in operating activities | (98) | (148) | (338) |
| Cash flows from investing activities: | |||
| Acquisition of SeaMicro, Inc., net of cash acquired | 0 | 0 | (281) |
| Purchases of available-for-sale securities | (790) | (1,043) | (944) |
| Purchases of property, plant and equipment | (95) | (84) | (133) |
| Proceeds from sales and maturities of available-for-sale securities | 873 | 1,344 | 1,348 |
| Proceeds from sale of property, plant and equipment | 0 | 238 | 0 |
| Other | 0 | 0 | (9) |
| Net cash provided by (used in) investing activities | (12) | 455 | (19) |
| Cash flows from financing activities: | |||
| Proceeds from borrowings, net | 1,155 | 55 | 491 |
| Proceeds from issuance of common stock | 4 | 3 | 14 |
| Net proceeds from grants and allowances | 8 | 11 | 23 |
| Repayments of long-term debt and capital lease obligations | (1,115) | (55) | (489) |
| Other | (6) | (1) | (2) |
| Net cash provided by financing activities | 46 | 13 | 37 |
| Net increase (decrease) in cash and cash equivalents | (64) | 320 | (320) |
| Cash and cash equivalents at beginning of year | 869 | 549 | |
| Cash and cash equivalents at end of year | 805 | 869 | 549 |
| Supplemental disclosures of cash flow information: | |||
| Cash paid during the year for interest | 138 | 152 | 142 |
| Cash paid during the year for income taxes | 7 | 9 | 9 |
10-K.Info (Beta Test) Courtesy of Short Sands, LLC | ||
ADVANCED MICRO DEVICES INC | ||
Ticker: AMD Fiscal Year: 2014 | ||
Consolidated Balance Sheets | ||
Period Ending Dec 27, 2014 10-K (Filed: Feb 19, 2015) | ||
| (In Millions, except shares in actual) | ||
| As of | As of | |
| Dec 27, 2014 | Dec 28, 2013 | |
| ASSETS | ||
| Current assets: | ||
| Cash and cash equivalents | $ 805 | 869 |
| Marketable securities | 235 | 228 |
| Accounts receivable, net | 818 | 832 |
| Inventories, net | 685 | 884 |
| Prepayments to GLOBALFOUNDRIES | 113 | 0 |
| Prepaid expenses and other current assets | 80 | 71 |
| Total current assets | 2,736 | 2,884 |
| Long-term marketable securities | 0 | 90 |
| Property, plant and equipment, net | 302 | 346 |
| Acquisition related intangible assets, net | 65 | 78 |
| Goodwill | 320 | 553 |
| Other assets | 344 | 386 |
| Total assets | 3,767 | 4,337 |
| LIABILITIES AND STOCKHOLDERS EQUITY | ||
| Current liabilities: | ||
| Short-term debt | 177 | 60 |
| Accounts payable | 415 | 519 |
| Payable to GLOBALFOUNDRIES | 218 | 364 |
| Accrued and other current liabilities | 558 | 530 |
| Deferred income on shipments to distributors | 72 | 145 |
| Total current liabilities | 1,440 | 1,618 |
| Long-term debt | 2,035 | 1,998 |
| Other long-term liabilities | 105 | 177 |
| Stockholders equity: | ||
| Common stock, par value $0.01; 1,500 shares authorized on December 27, 2014 and December 28, 2013; shares issued: 788 shares on December 27, 2014 and 735 shares on December 28, 2013; shares outstanding: 776 shares on December 27, 2014 and 725 shares on December 28, 2013 | 8 | 7 |
| Additional paid-in capital | 6,949 | 6,894 |
| Treasury stock, at cost (12 shares on December 27, 2014 and 10 shares on December 28, 2013) | (119) | (112) |
| Accumulated deficit | (6,646) | (6,243) |
| Accumulated other comprehensive loss | (5) | (2) |
| Total stockholders equity | 187 | 544 |
| Total liabilities and stockholders equity | 3,767 | 4,337 |
| External Links | |
| ADVANCED MICRO DEVICES INC (AMD) Fiscal Year 2014 | |
| 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 |