AMD 2011 Annual Report Download - page 94

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NOTE 6: Goodwill and Acquired Intangible Assets
Goodwill
The Company recorded goodwill as a result of the ATI acquisition in 2006. The changes in the carrying
amounts of goodwill by segment through December 31, 2011 were as follows:
Computing
Solutions Graphics All Other Total
(In millions)
Initial goodwill ........................................ 161 1,288 745 2,194
Accumulated impairment losses .......................... (161) (965) (745) (1,871)
Balance at December 31, 2011 ............................... $— $ 323 $— $ 323
The carrying amount of goodwill as of December 31, 2011, December 25, 2010 and December 26, 2009 was
$323 million.
Annual Impairment Analyses
In the fourth quarters of 2011 and 2010, the Company conducted its annual impairment tests of
goodwill. Based on the results of the Company’s analysis of goodwill, each reporting unit’s fair values exceeded
its carrying value by a significant amount, indicating that there was no goodwill impairment.
Acquisition-related intangible assets
The balances of acquisition-related intangible assets as of December 31, 2011, were as follows:
Game
console
royalty
agreements
Customer
relationships
Trademark
and trade
name Total
Intangible assets, net at December 26, 2009 .................... $ 54 $ 28 $16 $98
Amortization expense ................................. (29) (27) (5) (61)
Intangible assets, net at December 25, 2010 .................... 25 1 11 37
Amortization expense ................................. (25) (1) (3) (29)
Intangible assets, net at December 31, 2011 .................... $— $— $ 8 $ 8
Accumulated amortization of acquired intangible assets as of December 31, 2011 was approximately $540
million.
Estimated future amortization expense related to acquisition-related intangible assets is $4 million in each of
2012 and 2013.
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