AMD 2011 Annual Report Download - page 112

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Beginning in the first quarter of 2010, as a result of the deconsolidation of GF, the Company no longer had a
Foundry segment or an Intersegment Eliminations category. Therefore, the Company started using the following
two reportable segments:
the Computing Solutions segment, which includes microprocessors, as standalone devices or as
incorporated as an APU, chipsets and embedded microprocessors and embedded GPUs and related
revenue; and
the Graphics segment, which includes graphics, video and multimedia products and related revenue as
well as revenue received in connection with the development and sale of game console systems that
incorporate the Company’s graphics technology.
The Company continues to have an All Other category, as described above.
The following table provides a summary of net revenue and operating income (loss) by segment and income
(loss) from continuing operations before income taxes for 2011, 2010 and 2009.
2011 2010 2009
(In millions)
Net revenue:
Computing Solutions ................................... $5,002 $4,817 $ 4,170
Graphics ............................................. 1,565 1,663 1,167
Foundry .............................................. — 1,101
All Other ............................................. 1 14 66
Intersegment eliminations ................................ (1,101)
Total net revenue ........................................... $6,568 $6,494 $ 5,403
Operating income (loss):
Computing Solutions ................................... $ 556 $ 529 $ 142
Graphics ............................................. 51 149 35
Foundry .............................................. — — (433)
All Other ............................................. (239) 170 968
Intersegment eliminations ................................ — (48)
Total operating income ...................................... $ 368 $ 848 $ 664
Interest income ............................................ 10 11 16
Interest expense ............................................ (180) (199) (438)
Other income (expense), net .................................. (199) 311 166
Equity income (loss) and dilution gain in investee, net ............. 492 (462) —
Income from continuing operations before income taxes ............ $ 491 $ 509 $ 408
The Company does not discretely allocate assets to its operating segments, nor does management evaluate
operating segments using discrete asset information.
The Company’s operations outside the United States include research and development activities, back end
manufacturing and sales, marketing and administrative activities. The Company conducts product and system
research and development activities for its products in Canada, India, Great China, Singapore, Taiwan, Germany,
United Kingdom, Israel and Japan. The Company’s back end manufacturing subsidiaries are located in Malaysia,
Singapore and Great China. Its material sales and marketing entities are located in the United States, Europe,
Greater China, Singapore and Japan. In 2009, GFs manufacturing facilities were located in Germany.
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