AMD 2002 Annual Report Download - page 50

Table of Contents
Consolidated Balance Sheets
December 29,
2002
December 30,
2001
(Thousand except par value
and number of share amounts)
ASSETS
Current Assets:
Cash and cash equivalents $ 428,748 $ 427,288
Short-term investments 608,957 442,709
Total cash, cash equivalents and short-term investments 1,037,705 869,997
Accounts receivable, net of allowance for doubtful accounts of $18,906 in 2002 and $19,270 in 2001 395,828 659,783
Inventories:
Raw materials 22,741 26,489
Work-in-process 254,957 236,679
Finished goods 154,905 117,306
Total inventories 432,603 380,474
Deferred income taxes — 155,898
Prepaid expenses and other current assets 153,542 286,957
Total current assets 2,019,678 2,353,109
Property, plant and equipment:
Land 34,443 33,207
Buildings and leasehold improvements 1,392,972 1,461,228
Equipment 5,256,502 4,356,495
Construction in progress 355,746 469,191
Total property, plant and equipment 7,039,663 6,320,121
Accumulated depreciation and amortization (4,158,854) (3,517,500)
Property, plant and equipment, net 2,880,809 2,802,621
Investment in joint venture 382,942 363,611
Other assets 335,752 127,901
$ 5,619,181 $ 5,647,242
LIABILITIES AND STOCKHOLDERS’ EQUITY
Current liabilities:
Notes payable to banks $ 913 $ 63,362
Accounts payable 352,438 304,990
Accrued compensation and benefits 131,324 102,420
Accrued liabilities 435,657 427,809
Restructuring accruals 212,541 42,808
Income taxes payable 21,246 56,234
Deferred income on shipments to distributors 57,184 47,978
Current portion of long-term debt, capital lease obligations and other 160,776 268,336
Total current liabilities 1,372,079 1,313,937
Deferred income taxes — 105,305
Long-term debt, capital lease obligations and other, less current portion 1,779,837 672,945
Commitments and contingencies
Stockholders’ equity:
Capital stock:
Common stock, par value $0.01; 750,000,000 shares authorized in 2002 and 2001; shares issued: 351,442,331 in 2002 and
347,429,081 in 2001; shares outstanding: 344,528,152 in 2002 and 340,502,883 in 2001 3,445 3,405
Capital in excess of par value 2,014,464 1,982,653
Treasury stock, at cost (6,914,179 shares in 2002 and 6,926,198 shares in 2001) (93,217) (93,436)
Retained earnings 492,668 1,795,680
Accumulated other comprehensive income (loss) 49,905 (133,247)
Total stockholders’ equity 2,467,265 3,555,055
$ 5,619,181 $ 5,647,242
See accompanying notes
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Source: ADVANCED MICRO DEVIC, 10-K, March 14, 2003