AMD 2014 Annual Report Download - page 101

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Future Payments on Total Debt
As of December 27, 2014, the Company’s future debt and capital lease payment obligations were as
follows:
Long Term
Debt
(Principal
only)
Short Term
Debt
(Principal
only)
Capital
Leases
(In millions)
2015 ......................................... $ — $ 172 $ 5
2016 ......................................... — — 6
2017 ......................................... — — 1
2018 ......................................... — — —
2019 ......................................... 600 — —
2020 and thereafter ............................. 1,425 — —
Total ......................................... 2,025 172 12
Less: imputed interest ........................... — — —
Total ......................................... $ 2,025 $ 172 $ 12
NOTE 11: Other Income (Expense), Net
The following table summarizes the components of other income (expense), net:
2014 2013 2012
(In millions)
Impairment charge on marketable securities ................... $— $— $ (4)
Net loss on debt redemptions .............................. (61) (1) —
Other ................................................. (8) (4) 10
Other income (expense), net ............................... $(69) $ (5) $ 6
NOTE 12: Segment Reporting
Management, including the Chief Operating Decision Maker, who is the Company’s Chief Executive
Officer, reviews and assesses operating performance using segment net revenues and operating income (loss)
before interest, other income (expense), net and income taxes. These performance measures include the
allocation of expenses to the operating segments based on management’s judgment. In connection with the
Company’s continued strategic transformation, effective July 1, 2014, the Company realigned its organizational
structure. As a result of this organizational change, the Company has the following two reportable segments:
• the Computing and Graphics segment, which primarily includes desktop and notebook processors and
chipsets, discrete graphics processing units (GPUs) and professional graphics; and
• the Enterprise, Embedded and Semi-Custom segment, which primarily includes server and embedded
processors, dense servers, semi-custom System-on-Chip (SoC) products, engineering services and
royalties.
Effective October 8, 2014, Dr. Lisa T. Su became the Company’s Chief Executive Officer, succeeding Rory
P. Read. This management change did not result in a change in the Company’s reportable segments or to the fact
that the Chief Operating Decision Maker is the Chief Executive Officer.
In addition to these reportable segments, the Company has an All Other category, which is not a reportable
segment. This category primarily includes certain expenses and credits that are not allocated to any of the
reportable segments because management does not consider these expenses and credits in evaluating the
95