Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statements of Cash Flows (Unaudited)

v3.8.0.1
Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Millions
 9 Months Ended
Sep. 30, 2017
Sep. 24, 2016
Cash flows from operating activities:    
Net loss $ (18) $ (446)
Adjustments to reconcile net loss to net cash used in operating activities:    
Net gain on sale of equity interests in ATMP JV 0 (146)
Depreciation and amortization 105 99
Provision for deferred income taxes 0 11
Stock-based compensation expense 76 57
Non-cash interest expense 27 11
Loss on debt redemption 9 61
Fair value of warrant issued related to sixth amendment to the WSA 0 240
Other 4 (4)
Changes in operating assets and liabilities:    
Accounts receivable (460) (107)
Inventories (43) (94)
Prepayment and other receivables - related parties 6 20
Prepaid expenses and other assets (82) (134)
Payables to related parties 61 183
Accounts payable, accrued liabilities and other 0 151
Net cash used in operating activities (315) (98)
Cash flows from investing activities:    
Net proceeds from sale of equity interests in ATMP JV 0 346
Purchases of property, plant and equipment (69) (56)
Purchases of available-for-sale securities (221) 0
Proceeds from maturity of available-for-sale securities 221 0
Other (2) 3
Net cash provided by (used in) investing activities (71) 293
Cash flows from financing activities:    
Proceeds from issuance of common stock, net of issuance costs 0 668
Proceeds from issuance of convertible senior notes, net of issuance costs 0 681
Proceeds from issuance of common stock under stock-based compensation equity plans 15 12
Proceeds from (repayments of) borrowings, net 70 (230)
Repayments of long-term debt 70 848
Other (14) (5)
Net cash provided by financing activities 1 278
Net increase (decrease) in cash and cash equivalents (385) 473
Cash and cash equivalents at beginning of period 1,264 785
Cash and cash equivalents at end of period 879 1,258
Non-cash investing and financing activities:    
Purchases of property, plant and equipment, accrued but not paid 53 0
Issuance of common stock to partially settle long-term debt 38 0
Non-cash additions of property, plant and equipment $ 8 $ 0