AMD 1995 Annual Report Download - page 231

CONSOLIDATED
balance sheets
December 31, 1995, and December 25, 1994
(Thousands except share and per share amounts) 95 94
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Assets
Current assets:
Cash and cash equivalents $ 113,354 $ 84,643
Short-term investments 377,293 293,211
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Total cash, cash equivalents, and
short-term investments 490,647 377,854
Accounts receivable, net of allowance for
doubtful accounts of $10,159 in 1995
and $10,319 in 1994 275,733 337,107
Inventories:
Raw materials 29,272 21,604
Work-in-process 68,827 72,632
Finished goods 56,571 34,454
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Total inventories 154,670 128,690
Deferred income taxes 108,989 98,675
Prepaid expenses and other current assets 66,729 44,293
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Total current assets 1,096,768 986,619
Property, plant, and equipment:
Land 28,851 28,820
Buildings and leasehold improvements 893,321 500,530
Equipment 1,828,059 1,442,787
Construction in progress 180,742 492,792
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Total property, plant, and equipment 2,930,973 2,464,929
Accumulated depreciation and
amortization (1,294,881) (1,200,718)
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Property, plant, and equipment, net 1,636,092 1,264,211
Investment in joint venture 176,821 124,588
Other assets 121,587 70,284
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$3,031,268 $ 2,445,702
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LIABILITIES AND STOCKHOLDERS' EQUITY
Current liabilities:
Notes payable to banks $ 27,070 $ 32,459
Accounts payable 223,708 149,122
Accrued compensation and benefits 105,651 104,526
Accrued liabilities 79,092 82,570
Litigation settlement -- 58,000
Income tax payable 56,297 53,795
Deferred income on shipments to distributors 100,057 83,800
Current portion of long-term debt and capital
lease obligations 29,861 27,895
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Total current liabilities 621,736 592,167
Deferred income taxes 94,439 42,518
Long-term debt and capital lease obligations, less
current portion 214,965 75,752
Commitments and contingencies -- --
Stockholders' equity:
Capital stock:
Serial preferred stock (redeemed March 13,
1995), par value $.10; 1,000,000 shares
authorized; 345,000 shares issued and
344,862 shares outstanding in 1994 -- 34
Common stock, par value $.01; 250,000,000
shares authorized; 104,519,457 shares
issued and outstanding in 1995 and
95,417,383 in 1994 1,047 956
Capital in excess of par value 735,825 698,673
Retained earnings 1,363,256 1,035,602
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Total stockholders' equity 2,100,128 1,735,265
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$3,031,268 $ 2,445,702
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See accompanying notes
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Source: ADVANCED MICRO DEVIC, 10-K405, March 21, 1996