Annual report pursuant to Section 13 and 15(d)

Supplementary Financial Information (Details)

v3.3.1.900
Supplementary Financial Information (Details) - USD ($)
$ / shares in Units, shares in Millions, $ in Millions
3 Months Ended 12 Months Ended
Dec. 26, 2015
Sep. 26, 2015
Jun. 27, 2015
Mar. 28, 2015
Dec. 27, 2014
Sep. 27, 2014
Jun. 28, 2014
Mar. 29, 2014
Dec. 26, 2015
Dec. 27, 2014
Dec. 28, 2013
Net revenue $ 958 $ 1,061 $ 942 $ 1,030 $ 1,239 $ 1,429 $ 1,441 $ 1,397 $ 3,991 $ 5,506 $ 5,299
Cost of sales 675 [1] 822 [1] 710 [1] 704 [1] 879 [1] 935 [1] 943 [1] 910 [1] 2,911 3,667 3,321
Gross margin 283 239 232 326 360 494 498 487 1,080 1,839 1,978
Research and development 229 241 235 242 238 278 277 279 947 1,072 1,201
Marketing, general and administrative 109 108 134 131 144 150 154 156 482 604 674
Amortization of acquired intangible assets 0 0 0 3 4 3 4 3 3 14 18
Restructuring and other special charges (gains), nett (6) [2] 48 [2] 0 [2] 87 [2] 71 [2] 0 [2] 0 [2] 0 [2] 129 71 30
Goodwill impairment charge 0 [3] 0 [3] 0 [3] 0 [3] 233 [3] 0 [3] 0 [3] 0 [3] 0 233 0
Operating income (loss) (49) (158) (137) (137) (330) 63 63 49 (481) (155) 103
Interest expense (41) (39) (40) (40) (41) (43) (46) (47) (160) (177) (177)
Other income (expense), net (2) 0 (3) 0 4 (1) (49) (20) (5) (66) 0
Income (loss) before income taxes (92) (197) (180) (177) (367) 19 (32) (18) (646) (398) (74)
Provision (benefit) for income taxes 10 0 1 3 (3) 2 4 2 14 5 9
Net income (loss) $ (102) $ (197) $ (181) $ (180) $ (364) $ 17 $ (36) $ (20) $ (660) $ (403) $ (83)
Net income (loss) per share                      
Basic $ (0.13) $ (0.25) $ (0.23) $ (0.23) $ (0.47) $ 0.02 $ (0.05) $ (0.03) $ (0.84) $ (0.53) $ (0.11)
Diluted $ (0.13) $ (0.25) $ (0.23) $ (0.23) $ (0.47) $ 0.02 $ (0.05) $ (0.03) $ (0.84) $ (0.53) $ (0.11)
Shares used in per share calculation                      
Basic 791 785 778 777 776 770 764 761 783 768 754
Diluted 791 785 778 777 776 785 764 761 783 768 754
[1] During 2015, the Company recorded a technology node transition charge of $33 million in the second quarter and an inventory write-down of $65 million in the third quarter. During the fourth quarter of 2014, the Company recorded a lower of cost or market charge of $58 million related to our second-generation APU products.
[2] Under the 2014 restructuring plan, the Company recorded restructuring and other special charges, net of $71 million, $12 million and $6 million in fourth quarter of 2014, first quarter of 2015, respectively, and third quarter of 2015, and a restructuring charge reversal of $2 million in fourth quarter of 2015. During the first quarter of 2015, the Company exited the dense server systems business and recorded restructuring and other special charges, net of $75 million in first quarter of 2015 and $1 million in third quarter of 2015. Under the 2015 restructuring plan, the Company recorded restructuring and other special charges, net of $41 million in third quarter of 2015 and a restructuring charge reversal of $4 million in fourth quarter of 2015.
[3] During the fourth quarter of 2014, the Company recorded a goodwill impairment charge of $233 million relating to its Computing and Graphics segment.