AMD 2009 Annual Report Download - page 86

Advanced Micro Devices, Inc.
Consolidated Balance Sheets
December 26,
2009
December 27,
2008*
(In millions, except
par value amounts)
ASSETS
Current assets:
Cash and cash equivalents ................................................... $1,657 $ 933
Marketable securities ...................................................... 1,019 163
Total cash and cash equivalents and marketable securities ................. 2,676 1,096
Accounts receivable, net .................................................... 745 320
Inventories, net ........................................................... 567 656
Deferred income taxes ...................................................... 9 28
Prepaid expenses and other current assets ...................................... 278 279
Total current assets ................................................ 4,275 2,379
Property, plant and equipment, net ................................................ 3,809 4,296
Acquisition related intangible assets, net ........................................... 98 168
Goodwill .................................................................... 323 323
Other assets .................................................................. 573 506
Total assets ...................................................... $9,078 $ 7,672
LIABILITIES AND STOCKHOLDERS’ EQUITY
Current liabilities:
Accounts payable ......................................................... $ 647 $ 631
Accrued liabilities ......................................................... 795 970
Deferred income on shipments to distributors ................................... 138 50
Other short-term obligations ................................................. 171 86
Current portion of long-term debt and capital lease obligations ...................... 308 286
Other current liabilities ..................................................... 151 203
Total current liabilities ............................................. 2,210 2,226
Deferred income taxes .......................................................... 197 91
Long-term debt and capital lease obligations, less current portion ........................ 4,252 4,490
Other long-term liabilities ....................................................... 695 569
Noncontrolling interest ......................................................... 1,076 169
Commitments and contingencies (see Notes 17 and 19) ...............................
Stockholders’ equity:
Capital stock:
Common stock, par value $0.01; 1,500 shares authorized on December 26, 2009 and
December 27, 2008; shares issued: 679 on December 26, 2009 and 616 on
December 27, 2008; shares outstanding: 671 on December 26, 2009 and 609 on
December 27, 2008. ................................................. 7 6
Capital in excess of par value ................................................ 6,524 6,354
Treasury stock, at cost (8 shares on December 26, 2009 and 7 shares on December 27,
2008) ................................................................. (98) (97)
Retained earnings (deficit) ...................................................... (5,939) (6,244)
Accumulated other comprehensive income ......................................... 154 108
Total stockholders’ equity ........................................... 648 127
Total liabilities and stockholders’ equity ............................... $9,078 $ 7,672
* Includes the effects of the retrospective adoption in 2009 of new accounting guidance for convertible debt that may be
settled in cash upon conversion, as well as the new presentation guidance for noncontrolling interest. See Note 11.
See accompanying notes to consolidated financial statements.
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