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. 30, 2013
Mar. 31, 2012
Cash flows from operating activities:    
Net loss $ (146) $ (590)
Adjustments to reconcile net loss to net cash provided by (used in) operating activities:    
Non-cash portion of the limited waiver of exclusivity from GLOBALFOUNDRIES 0 278
Depreciation and amortization 66 63
Net loss on disposal of property, plant and equipment 48 0
Deferred income taxes 1 (36)
Stock-based compensation expense 24 21
Non-cash interest expense 6 6
Other (1) (3)
Changes in operating assets and liabilities:    
Accounts receivable (14) (40)
Inventories (52) (106)
Prepaid expenses and other current assets (7) (41)
Other assets 6 (16)
Payable to GLOBALFOUNDRIES (74) 384
Accounts payable, accrued liabilities and other (12) 187
Net cash provided by (used in) operating activities (155) 107
Cash flows from investing activities:    
Acquisition of SeaMicro, Inc., net of cash acquired 0 (281)
Purchases of property, plant and equipment (20) (40)
Proceeds from sale of property, plant, and equipment 178 0
Purchases of available-for-sale securities (361) (95)
Proceeds from sales and maturities of available-for-sale securities 250 620
Other 0 (4)
Net cash provided by investing activities 47 200
Cash flows from financing activities:    
Net proceeds from foreign grants 0 9
Proceeds from issuance of common stock 1 9
Repayments of debt and capital lease obligations (1) (1)
Net cash provided by financing activities 0 17
Net increase (decrease) in cash and cash equivalents (108) 324
Cash and cash equivalents at beginning of period 549 869
Cash and cash equivalents at end of period $ 441 $ 1,193