Advanced Micro Devices, Inc. Quarterly report pursuant to Section 13 or 15(d)

Quarterly report pursuant to Section 13 or 15(d)

Financial Instruments (Tables)

Financial Instruments (Tables)

9 Months Ended

Sep. 27, 2014

Fair Value, Assets, Liabilities and Stockholders' Equity Measured on Recurring Basis [Abstract]

Summary of Available-for-sale Securities



		Total Fair Value		Cash and Cash Equivalents		Short-Term Marketable Securities		Long-Term Marketable Securities
	(In millions)
September 27, 2014
Cash		$	362	$	362	$	—	$	—
Level 1^{(1) (2)}
Money market funds		$	27	$	27	$	—	$	—
Total level 1		$	27	$	27	$	—	$	—
Level 2^{(2) (3)}
Commercial paper		$	504	$	251	$	253	$	—
Corporate bonds		45		—		45		—
Total level 2		$	549	$	251	$	298	$	—
Total		$	938	$	640	$	298	$	—



		Total Fair Value		Cash and Cash Equivalents		Short-Term Marketable Securities		Long-Term Marketable Securities
	(In millions)
December 28, 2013
Cash		$	429	$	429	$	—	$	—
Level 1^{(1) (2)}
Money market funds		$	21	$	19	$	—	$	2
Total level 1		$	21	$	19	$	—	$	2
Level 2^{(2) (3)}
Commercial paper		$	599	$	421	$	178	$	—
Time deposits		50		—		50		—
Corporate bonds		88		—		—		88
Total level 2		$	737	$	421	$	228	$	88
Total		$	1,187	$	869	$	228	$	90

Financial Instruments Not Recorded at Fair Value on a Recurring Basis



	September 27, 2014				December 28, 2013
	Carrying Amount		Estimated Fair Value		Carrying Amount		Estimated Fair Value
	(In millions)
Short-term debt (excluding capital leases)	$	97	$	98	$	55	$	55
Long-term debt (excluding capital leases)	$	2,100	$	2,149	$	1,986	$	2,132

Schedule of Derivative Instruments, Gain (Loss) in Statement of Operations



	Three Months Ended						Nine Months Ended
	September 27, 2014			September 28, 2013			September 27, 2014			September 28, 2013
	(In millions)
Foreign Currency Forward Contracts
Contracts designated as cash flow hedging instruments
Other comprehensive income (loss)	$	(3	)	$	3		$	1		$	(1	)
Research and development	—			(1		)	(2		)	(1		)
Marketing, general and administrative	(1		)	—			(2		)	—
Contracts not designated as hedging instruments
Other income (expense), net	$	(2	)	$	1		$	(2	)	$	(1	)

Schedule of Derivative Instruments in Balance Sheet



	September 27, 2014			December 28, 2013
	(In millions)
Foreign Currency Forward Contracts
Contracts designated as cash flow hedging instruments	$	(2	)	$	(3	)
Contracts not designated as hedging instruments	$	(1	)	$	(1	)



	September 27, 2014			December 28, 2013
	(In millions)
Interest Rate Swap Contracts
Contracts designated as fair value hedging instruments	$	(1	)	$	—

- Definition

Tabular disclosure of available-for-sale securities which includes, but is not limited to, changes in the cost basis and fair value, fair value and gross unrealized gain (loss), fair values by type of security, contractual maturity and classification, amortized cost basis, contracts to acquire securities to be accounted for as available-for-sale, debt maturities, transfers to trading, change in net unrealized holding gain (loss) net of tax, continuous unrealized loss position fair value, aggregate losses qualitative disclosures, other than temporary impairment (OTTI) losses or other disclosures related to available for sale securities.

+ References + Details