AMD 2013 Annual Report Download - page 113

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The following table provides a summary of the restructuring activities during 2013 and 2012 and the related
liabilities recorded in “Accrued and other current liabilities” on the Company’s consolidated balance sheets
remaining as of December 28, 2013:
Severance
and related
benefits
Other exit
related
costs Total
(In millions)
Balance at December 31, 2011 ...................... $ 22 $45 $ 67
Charges .................................... 95 5 100
Cash payments .............................. (76) (29) (105)
Non-cash charges (reversals), net ................ — (4) (4)
Balance at December 29, 2012 ...................... 41 17 58
Charges (reversals), net ....................... (5) 11 6
Cash payments .............................. (33) (21) (54)
Balance at December 28, 2013 ...................... $ 3 $ 7 $ 10
2008 Restructuring Plan
In 2011, the Company reversed approximately $2 million of costs associated with the 2008 restructuring
plan because the actual restoration costs for vacated facilities were lower than previously estimated.
The following table provides a summary of each major type of cost associated with the 2012, 2011 and 2008
restructuring plans through December 28, 2013:
2013 2012 2011
(In millions)
Severance and benefits charges (reversals), net ................. $ (5) $ 95 $54
Contract or program termination charges ...................... — — 45
Asset impairments ........................................ — 4 1
Facility consolidation and closure charges (reversals), net ........ 11 1 (2)
Total .................................................. $ 6 $100 $98
NOTE 19: Hedging Transactions and Derivative Financial Instruments
The following table shows the amount of gain (loss) included in accumulated other comprehensive loss, the
amount of gain (loss) reclassified from accumulated other comprehensive loss and included in earnings related to
the foreign currency forward contracts designated as cash flow hedges and the amount of gain (loss) included in
other income (expense), net, related to contracts not designated as hedging instruments, which was allocated in
the consolidated statement of operations:
2013 2012
(In millions)
Foreign Currency Forward Contracts
Contracts designated as cash flow hedging instruments
Other comprehensive income (loss) ............................. $(3) $ 2
Research and development .................................... (2) —
Marketing, general and administrative ........................... (1) —
Contracts not designated as hedging instruments
Other income (expense), net ................................... $(2) $ 1
105