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
 6 Months Ended
Jun. 29, 2013
Jun. 30, 2012
Cash flows from operating activities:    
Net loss $ (220) $ (553)
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 125 128
Net loss on disposal of property, plant and equipment 47 0
Deferred income taxes 1 (40)
Stock-based compensation expense 44 47
Non-cash interest expense 12 12
Other 1 (1)
Changes in operating assets and liabilities:    
Accounts receivable (39) 177
Inventories (149) (355)
Prepaid expenses and other current assets (42) (16)
Other assets (33) (18)
Payable to GLOBALFOUNDRIES (40) 484
Accounts payable, accrued liabilities and other 103 45
Net cash provided by (used in) operating activities (190) 188
Cash flows from investing activities:    
Acquisition of SeaMicro, Inc., net of cash acquired 0 (281)
Purchases of property, plant and equipment (48) (79)
Proceeds from sale of property, plant, and equipment 181 0
Purchases of available-for-sale securities (753) (548)
Proceeds from sales and maturities of available-for-sale securities 593 850
Other 0 (5)
Net cash used in investing activities (27) (63)
Cash flows from financing activities:    
Net proceeds from foreign grants 2 12
Proceeds from issuance of common stock 2 12
Repayments of debt and capital lease obligations (2) (2)
Other 0 1
Net cash provided by financing activities 2 21
Net increase (decrease) in cash and cash equivalents (215) 146
Cash and cash equivalents at beginning of period 549 869
Cash and cash equivalents at end of period $ 334 $ 1,015