AMD 1994 Annual Report Download - page 402

CONSOLIDATED BALANCE SHEETS
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December 25, 1994, and December 26, 1993
(Thousands except share and per share amounts)
1994 1993
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ASSETS
Current assets:
Cash and cash equivalents $ 121,343 $ 60,423
Short-term investments 256,511 427,775
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Total cash, cash equivalents, and short-term investments 377,854 488,198
Accounts receivable, net of allowance for doubtful accounts
of $10,319 in 1994 and $7,492 in 1993 337,107 263,617
Inventories:
Raw materials 21,604 15,371
Work-in-process 72,632 56,504
Finished goods 34,454 32,175
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Total inventories 128,690 104,050
Deferred income taxes 98,675 77,922
Prepaid expenses and other current assets 44,293 30,399
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Total current assets 986,619 964,186
Property, plant, and equipment:
Land 28,820 26,272
Buildings and leasehold improvements 500,530 444,299
Equipment 1,442,787 1,335,251
Construction in progress 492,792 192,541
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Total property, plant, and equipment 2,464,929 1,998,363
Accumulated depreciation and amortization (1,200,718) (1,094,037)
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Property, plant, and equipment, net 1,264,211 904,326
Investment in joint venture 124,588 2,086
Other assets 70,284 58,633
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$ 2,445,702 $ 1,929,231
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LIABILITIES AND STOCKHOLDERS' EQUITY
Current liabilities:
Notes payable to banks $ 32,459 $ 30,994
Accounts payable 149,122 127,151
Accrued compensation and benefits 104,526 81,860
Accrued liabilities 82,570 83,982
Litigation settlement 58,000 -
Income tax payable 53,795 34,991
Deferred income on shipments to distributors 83,800 74,436
Current portion of long-term debt and capital lease obligations 27,895 21,205
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Total current liabilities 592,167 454,619
Deferred income taxes 42,518 42,837
Long-term debt and capital lease obligations, less current portion 75,752 79,504
Commitments and contingencies - -
Stockholders' equity:
Capital stock:
Serial preferred stock, par value $.10; 1,000,000 shares authorized; 345,000 shares
issued and 344,862 shares outstanding in 1994, and 345,000 shares issued and
outstanding in 1993 ($172,431 aggregate liquidation preference in 1994) 34 35
Common stock, par value $.01; 250,000,000 shares authorized; 95,417,383
shares issued and outstanding in 1994, and 92,443,911 in 1993 956 926
Capital in excess of par value 698,673 619,733
Retained earnings 1,035,602 731,577
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Total stockholders' equity 1,735,265 1,352,271
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$ 2,445,702 $ 1,929,231
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See accompanying notes
12 ADVANCED MICRO DEVICES, INC.
Source: ADVANCED MICRO DEVIC, 10-K, March 07, 1995