Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statements of Cash Flows

v2.4.0.8
Condensed Consolidated Statements of Cash Flows (USD $)
In Millions, unless otherwise specified
 9 Months Ended
Sep. 28, 2013
Sep. 29, 2012
Cash flows from operating activities:    
Net loss $ (172) $ (710)
Adjustments to reconcile net loss to net cash used in operating activities:    
Non-cash portion of the limited waiver of exclusivity from GLOBALFOUNDRIES 0 278
Depreciation and amortization 182 194
Net loss on disposal of property, plant and equipment 30 0
Benefit for deferred income taxes 0 (41)
Stock-based compensation expense 67 74
Non-cash interest expense 18 17
Other 1 (1)
Changes in operating assets and liabilities:    
Accounts receivable (242) 237
Inventories (360) (266)
Prepaid expenses and other current assets (18) (30)
Other assets (67) (13)
Payable to GLOBALFOUNDRIES 41 271
Accounts payable, accrued liabilities and other 351 (62)
Net cash used in operating activities (169) (52)
Cash flows from investing activities:    
Acquisition of SeaMicro, Inc., net of cash acquired 0 (281)
Purchases of property, plant and equipment (63) (111)
Proceeds from sale of property, plant, and equipment 238 0
Purchases of available-for-sale securities (985) (749)
Proceeds from sales and maturities of available-for-sale securities 969 1,091
Other 0 (23)
Net cash provided by (used in) investing activities 159 (73)
Cash flows from financing activities:    
Proceeds from borrowings, net of issuance cost 0 491
Net proceeds from foreign grants 6 18
Proceeds from issuance of common stock 3 12
Repayments of debt and capital lease obligations (4) (488)
Other 1 1
Net cash provided by financing activities 4 32
Net decrease in cash and cash equivalents (6) (93)
Cash and cash equivalents at beginning of period 549 869
Cash and cash equivalents at end of period $ 543 $ 776