AMD 2000 Annual Report Download - page 414

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
to Legerity and Vantis. The accounting policies of the segments are the same as
those described in the Summary of Significant Accounting Policies. The Company
evaluates performance and allocates resources based on these segments' operating
income (loss).
The following table is a summary of operating income (loss) by segment for 2000,
1999 and 1998:
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(Thousands) 2000 1999 1998
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Net sales:
Core Products segment
External customers $ 4,361,398 $ 2,559,939 $ 2,180,655
Intersegment sales - 32,626 88,455
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4,361,398 2,592,565 2,269,110
Voice Communications segment-external customers 140,309 167,760 156,489
Vantis segment-external customers - 86,701 204,997
Foundry Services segment-external customers 142,480 43,204 -
Elimination of intersegment sales - (32,626) (88,455)
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Total net sales $ 4,644,187 $ 2,857,604 $ 2,542,141
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Segment operating income (loss):
Core Products segment $ 831,749 $ (342,007) $ (161,722)
Voice Communications segment 34,987 13,943 (23,520)
Vantis segment - 5,639 21,600
Foundry Services segment* 22,000 1,509 -
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Total segment operating income (loss) 888,736 (320,916) (163,642)
Gain on sale of Vantis - 432,059 -
Gain on sale of Legerity 336,899 - -
Litigation settlement - - (11,500)
Interest income and other, net 86,301 31,735 34,207
Interest expense (60,037) (69,253) (66,494)
Benefit (provision) for income taxes (256,868) (167,350) 91,878
Equity in net income of FASL (Core Products) 11,039 4,789 11,591
Extraordinary item - debt retirement, net of tax benefit (23,044) - -
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Net income (loss) $ 983,026 $ (88,936) $ (103,960)
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Total assets:
Core Products segment
Assets excluding investment in FASL $ 5,506,007 $ 4,066,346 $ 3,846,486
Investment in FASL 261,728 273,608 236,820
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5,767,735 4,339,954 4,083,306
Voice Communications segment - 37,744 34,782
Vantis segment - - 134,880
Foundry Services segment* - - -
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Total assets $ 5,767,735 $ 4,377,698 $ 4,252,968
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Expenditures for long-lived assets:
Core Products segment $ 803,065 $ 611,903 $ 991,959
Voice Communications segment 2,409 1,729 1,720
Vantis segment - 6,141 2,491
Foundry Services segment* - - -
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Total expenditures for long-lived assets $ 805,474 $ 619,773 $ 996,170
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Depreciation and amortization expense:
Core Products segment $ 578,302 $ 512,203 $ 462,505
Voice Communications segment 768 1,044 1,214
Vantis segment - 2,273 3,802
Foundry Services segment* - - -
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Total depreciation and amortization expense $ 579,070 $ 515,520 $ 467,521
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*Operations of the Foundry Services segment are conducted using assets of the
Core Products segment.
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Source: ADVANCED MICRO DEVIC, 10-K405, March 20, 2001