Annual report pursuant to Section 13 and 15(d)

Consolidated Statements of Cash Flows

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Consolidated Statements of Cash Flows (USD $)
In Millions, unless otherwise specified
 12 Months Ended
Dec. 29, 2012
Dec. 31, 2011
Dec. 25, 2010
Cash flows from operating activities:      
Net income (loss) $ (1,183) $ 491 $ 471
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities:      
Non-cash portion of the limited waiver of exclusivity from GLOBALFOUNDRIES 278 0 0
Equity in net (gain) loss and dilution gain in investee 0 (492) 462
Gain on deconsolidation of GLOBALFOUNDRIES 0 0 (325)
Impairment related to the GLOBALFOUNDRIES investment 0 209 0
Depreciation and amortization 260 317 383
Deferred income taxes (40) (6) (5)
Share-based compensation expense 97 90 87
Non-cash interest expense 23 21 30
Net gain on sale of marketable securities 0 (4) (17)
Net (gain) loss on debt redemption 0 6 24
Other 7 2 (27)
Changes in operating assets and liabilities:      
Accounts receivable 290 (347) (1,138)
Inventories (83) 157 (144)
Prepaid expenses and other current assets (20) 115 (97)
Other assets (12) (1) 11
Accounts payables, accrued liabilities and other (232) (148) (182)
Accounts payable to GLOBALFOUNDRIES 277 (28) 55
Net cash provided by (used in) operating activities (338) 382 (412)
Cash flows from investing activities:      
Acquisition of SeaMicro, Inc., net of cash acquired (281) 0 0
Purchases of available-for-sale securities (944) (1,586) (1,800)
Purchases of property, plant and equipment (133) (250) (148)
Cash decrease due to deconsolidation of GLOBALFOUNDRIES 0 0 (904)
Proceeds from sale and maturity of available-for-sale securities 1,348 1,726 1,640
Proceeds from sale and maturity of trading securities 0 0 69
Proceeds from sale of property, plant and equipment 0 16 1
Other (9) (19) 19
Net cash used in investing activities (19) (113) (1,123)
Cash flows from financing activities:      
Proceeds from borrowings, net of issuance cost 491 170 1,520
Proceeds from issuance of AMD common stock 14 18 15
Net proceeds from foreign grants and allowances 23 20 19
Repayments of debt and capital lease obligations (489) (209) (1,074)
Other (2) (5) 4
Net cash provided by (used in) financing activities 37 (6) 484
Net increase (decrease) in cash and cash equivalents (320) 263 (1,051)
Cash and cash equivalents at beginning of year 869    
Supplemental disclosures of cash flow information:      
Cash paid during the year for interest 142 152 164
Cash paid during the year for income taxes $ 9 $ 9 $ 12