Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statements Of Cash Flows

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Condensed Consolidated Statements Of Cash Flows (USD $)
In Millions, unless otherwise specified
 3 Months Ended
Mar. 31, 2012
Apr. 02, 2011
Cash flows from operating activities:    
Net income (loss) $ (590) $ 510
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  
Dilution gain in investee   (492)
Depreciation and amortization 63 88
Benefit for deferred income taxes (36) (1)
Compensation recognized under employee stock plans 21 27
Non-cash interest expense 6 5
Other (3) 11
Changes in operating assets and liabilities:    
Accounts receivable (40) (189)
Inventories (106) (16)
Prepaid expenses and other current assets (41) (11)
Other assets (16) 10
Payable to GLOBALFOUNDRIES 384 (78)
Accounts payable, accrued liabilities and other 187 (32)
Net cash provided by (used in) operating activities 107 (168)
Cash flows from investing activities:    
Acquisition of SeaMicro, Inc., net of cash acquired (281)  
Purchases of property, plant and equipment (40) (38)
Purchases of available-for-sale securities (95) (393)
Proceeds from sales and maturities of available-for-sale securities 620 434
Other (4) (17)
Net cash provided by (used in) investing activities 200 (14)
Cash flows from financing activities:    
Proceeds from borrowings, net of issuance cost   165
Net proceeds from foreign grants 9 7
Proceeds from issuance of common stock 9 9
Repayments of debt and capital lease obligations (1) (1)
Other   (2)
Net cash provided by financing activities 17 178
Net increase (decrease) in cash and cash equivalents 324 (4)
Cash and cash equivalents at beginning of period 869 [1] 606
Cash and cash equivalents at end of period $ 1,193 $ 602
[1] Amounts as of December 31, 2011 were derived from the December 31, 2011 audited financial statements.