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: 2018 | |||
Consolidated Statements of Cash Flows | |||
Period Ending Dec 29, 2018 10-K (Filed: Feb 8, 2019) | |||
| (In Millions, except shares in actual) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| Dec 29, 2018 | Dec 30, 2017 | Dec 31, 2016 | |
| Cash flows from operating activities: | |||
| Net income (loss) | $ 337 | (33) | (498) |
| Adjustments to reconcile net income (loss) to net cash used in operating activities: | |||
| Net gain on sale of equity interests in ATMP JV | 0 | (3) | (146) |
| Net loss on disposal of property, plant and equipment | (27) | 0 | (1) |
| Impairment of technology licenses | 45 | 0 | 0 |
| Depreciation and amortization | 170 | 144 | 133 |
| Deferred income taxes | (4) | 0 | 11 |
| Stock-based compensation expense | 137 | 97 [1] | 86 |
| Amortization of debt discount and issuance costs | 38 | 36 | 21 |
| Loss on debt redemption | 12 | 12 | 68 |
| Fair value of warrant issued related to sixth amendment to the WSA | 0 | 0 | 240 |
| Other | (1) | 3 | (7) |
| Changes in operating assets and liabilities: | |||
| Accounts receivable | (806) | (103) | 178 |
| Inventories | (151) | (3) | (48) |
| Prepayment and receivables - related parties | (19) | (1) | 1 |
| Prepaid expenses and other assets | (79) | (172) | (163) |
| Payables to related parties | 121 | 29 | 138 |
| Accounts payable, accrued liabilities and other | 207 | 6 | 66 |
| Net cash provided by operating activities | 34 | 12 | 81 |
| Cash flows from investing activities: | |||
| Net proceeds from sale of equity interests in ATMP JV | 0 | 1 | 342 |
| Purchases of available-for-sale debt securities | (123) | (222) | 0 |
| Purchases of property and equipment | (163) | (113) | (77) |
| Proceeds from maturity of available-for-sale debt securities | 45 | 222 | 0 |
| Cash receipts on sold receivables | 71 | 60 | 10 |
| Other | 0 | (2) | 2 |
| Net cash provided by (used in) investing activities | (170) | (54) | 277 |
| Cash flows from financing activities: | |||
| Proceeds from issuance of common stock, net of issuance costs | 0 | 0 | 667 |
| Proceeds from issuance of convertible senior notes, net of issuance costs | 0 | 0 | 782 |
| Proceeds from issuance of common stock through employee equity incentive plans | 70 | 20 | 20 |
| Proceeds from (repayments of) short-term borrowings, net | 0 | 70 | (230) |
| Repayments of long-term debt | (41) | (110) | (1,113) |
| Other | (1) | (13) | (4) |
| Net cash provided by (used in) financing activities | 28 | (33) | 122 |
| Net increase (decrease) in cash and Cash Equivalents, and Restricted Cash | (108) | (75) | 480 |
| Cash, cash equivalents, and restricted Cash at the beginning of year | 1,191 | 1,266 | 786 |
| Cash, cash equivalents, and restricted Cash at end of year | 1,083 | 1,191 | 1,266 |
| Supplemental cash flow information: | |||
| Cash paid during the year for: | |||
| Interest | 79 | 88 | 149 |
| Income taxes, net of refund | (8) | 20 | 20 |
| Non-cash investing and financing activities: | |||
| Purchases of property and equipment, accrued but not paid | 49 | 50 | 0 |
| Issuance of treasury stock to partially settle debt | 141 | 38 | 8 |
| Deferred cash on sold receivables | 25 | 21 | 15 |
| Non-cash acquisition of property and equipment | 28 | 12 | 0 |
| Reconciliation of Cash, Cash Equivalents and Restricted Cash [Abstract] | |||
| Cash and cash equivalents | 1,078 | 1,185 | 1,264 |
| Restricted cash included in Other current assets | 5 | 3 | 2 |
| Restricted cash included in Other assets | 0 | 3 | 0 |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | 1,083 | 1,191 | 1,266 |
| [1] Prior year amounts adjusted to reflect the retrospective application of ASU 2014-09, Revenue from Contracts with Customers, ASU 2016-15, Statement of Cash Flows: Classification of Certain Cash Receipts and Cash Payments and ASU 2016-18, Statement of Cash Flows: Restricted Cash. Refer to Note 2. | |||
| External Links | |
| ADVANCED MICRO DEVICES INC (AMD) Fiscal Year 2018 | |
| 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 |