AMD Reports Second Quarter 2018 Financial Results
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ADVANCED MICRO DEVICES, INC. |
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CONDENSED CONSOLIDATED BALANCE SHEETS
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(Millions) |
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| | | |
| | June 30,
2018 | | December 30,
2017 |
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Assets | | | |
| Current assets: | | | |
| Cash and cash equivalents | $ | 948 | | | $ | 1,185 | |
| Marketable securities | | 35 | | | | - | |
| Accounts receivable, net | | 1,118 | | | | 454 | |
| Inventories, net | | 750 | | | | 694 | |
| Prepayment and other receivables - related parties | | 25 | | | | 33 | |
| Prepaid expenses | | 68 | | | | 77 | |
| Other current assets | | 155 | | | | 191 | |
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| Total current assets | | 3,099 | | | | 2,634 | |
| Property and equipment, net | | 295 | | | | 261 | |
| Goodwill | | 289 | | | | 289 | |
| Investment: equity method | | 57 | | | | 58 | |
| Other assets | | 363 | | | | 310 | |
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Total Assets | $ | 4,103 | | | $ | 3,552 | |
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Liabilities and Stockholders' Equity
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| Current liabilities: | | | |
| Short-term debt | $ | 223 | | | $ | 70 | |
| Accounts payable | | 520 | | | | 384 | |
| Payables to related parties | | 475 | | | | 412 | |
| Accrued liabilities | | 577 | | | | 555 | |
| Other current liabilities | | 73 | | | | 92 | |
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| Total current liabilities | | 1,868 | | | | 1,513 | |
| Long-term debt, net | | 1,170 | | | | 1,325 | |
| Other long-term liabilities | | 186 | | | | 118 | |
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| Stockholders' equity: | | | |
| Capital stock: | | | |
| Common stock, par value | | 10 | | | | 9 | |
| Additional paid-in capital | | 8,564 | | | | 8,464 | |
| Treasury stock, at cost | | (109 | ) | | | (108 | ) |
| Accumulated deficit | | (7,576 | ) | | | (7,775 | ) |
| Accumulated other comprehensive income (loss) | | (10 | ) | | | 6 | |
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| Total Stockholders' equity | $ | 879 | | | $ | 596 | |
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Total Liabilities and Stockholders' Equity
| $ | 4,103 | | | $ | 3,552 | |
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