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: 2020 | |||
Consolidated Statements of Cash Flows | |||
Period Ending Dec 26, 2020 10-K (Filed: Jan 29, 2021) | |||
| (In Millions, except shares in actual) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| Dec 26, 2020 | Dec 28, 2019 | Dec 29, 2018 | |
| Cash flows from operating activities: | |||
| Net income | $ 2,490 | 341 | 337 |
| Adjustments to reconcile net income to net cash provided by operating activities: | |||
| Depreciation and amortization | 312 | 222 | 170 |
| Stock-based compensation | 274 | 197 | 137 |
| Amortization of debt discount and issuance costs | 14 | 30 | 38 |
| Amortization of operating lease right-of-use assets | 42 | 36 | 0 |
| Loss on debt redemption, repurchase and conversion | 54 | 176 | 12 |
| Loss on sale/disposal of property and equipment | 33 | 42 | 27 |
| Impairment of technology licenses | 0 | 0 | 45 |
| Deferred income taxes | (1,223) | (7) | (4) |
| Other | 6 | (2) | (1) |
| Changes in operating assets and liabilities: | |||
| Accounts receivable, net | (219) | (623) | (806) |
| Inventories | (417) | (137) | (151) |
| Receivables from related parties | 10 | 14 | (28) |
| Prepaid expenses and other assets | (231) | (176) | (70) |
| Payables to related parties | (135) | 7 | 35 |
| Accounts payable | (513) | 153 | 212 |
| Accrued liabilities and other | 574 | 220 | 81 |
| Net cash provided by operating activities | 1,071 | 493 | 34 |
| Cash flows from investing activities: | |||
| Purchases of property and equipment | (294) | (217) | (163) |
| Payments to Acquire Short-term Investments | (850) | (284) | (123) |
| Proceeds from maturity of short-term investments | 192 | 325 | 45 |
| Collection of deferred proceeds on sale of receivables | 0 | 25 | 71 |
| Other | 0 | 2 | 0 |
| Net cash used in investing activities | (952) | (149) | (170) |
| Cash flows from financing activities: | |||
| Proceeds from short-term borrowings | 200 | 0 | 0 |
| Repayments and extinguishment of debt | 200 | 473 | 41 |
| Proceeds from Warrant Exercises | 0 | 449 | 0 |
| Proceeds from sales of common stock through employee equity plans | 85 | 74 | 70 |
| Common stock repurchases for tax withholding on employee equity plans | (78) | (6) | (6) |
| Other | (1) | (1) | 5 |
| Net cash provided by financing activities | 6 | 43 | 28 |
| Net increase (decrease) in cash and cash equivalents, and restricted cash | 125 | 387 | (108) |
| Cash, cash equivalents and restricted cash at beginning of year | 1,470 | 1,083 | |
| Cash, cash equivalents and restricted cash at end of year | 1,595 | 1,470 | 1,083 |
| Supplemental cash flow information: | |||
| Cash paid during the year for: | |||
| Interest | 31 | 67 | 79 |
| Income taxes, net of refund | 8 | (4) | (8) |
| Non-cash investing and financing activities: | |||
| Purchases of property and equipment, accrued but not paid | 31 | 65 | 49 |
| Issuance of common stock to settle convertible debt | 217 | 377 | 0 |
| Transfer of assets for the acquisition of property and equipment | 111 | 115 | 28 |
| Issuance of treasury stock to partially settle debt | 0 | 7 | 141 |
| Deferred proceeds on sale of receivable | 0 | 0 | 25 |
| Non-cash activities for leases: | |||
| Right-of-Use Asset Obtained in Exchange for Operating Lease Liability | 45 | 22 | 0 |
| Reconciliation of cash, cash equivalents, and restricted cash | |||
| Cash and cash equivalents | 1,595 | 1,466 | 1,078 |
| Restricted cash included in Prepaid expense and other current assets | 0 | 4 | 5 |
| Total cash, cash equivalents, and restricted cash | 1,595 | 1,470 | 1,083 |
| External Links | |
| ADVANCED MICRO DEVICES INC (AMD) Fiscal Year 2020 | |
| 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 |