AMD 2006 Annual Report Download - page 100

Table of Contents
Advanced Micro Devices Inc. and Subsidiaries
Consolidated Statements of Cash Flows—(Continued)
Three Years Ended December 31, 2006
2006 2005 2004
(In millions)
Cash flows from financing activities:
Proceeds from notes payable to banks — 77 —
Proceeds from borrowings, net of issuance cost 3,366 169 745
Repayments of debt and capital lease obligations (539) (316) (898)
Proceeds from foreign grants and subsidies 210 163 30
Proceeds from sale leaseback transactions — 129 60
Proceeds from limited partners’ contribution — 90 128
Change in compensating balance — — 224
Proceeds from issuance of common stock, net of issuance costs 495 — —
Proceeds from issuance of common stock under stock-based compensation plans 231 189 124
Other — (7) —
Net cash provided by financing activities 3,763 494 413
Effect of exchange rate changes on cash and cash equivalents — 7 7
Net increase (decrease) in cash and cash equivalents 747 (286) (49)
Cash and cash equivalents at beginning of year 633 919 968
Cash and cash equivalents at end of year $ 1,380 $ 633 $ 919
Supplemental disclosures of cash flow information:
Cash paid during the year for:
Interest $ 79 $ 139 $ 70
Income taxes $ 17 $ 40 $ 34
Non-cash investing activities:
Issuance of stock, stock options and restricted stock units for ATI $ 1,316 $ — $ —
Non-cash financing activities:
Equipment sale leaseback transaction $ — $ 78 $ 34
Capital leases $ 18 $ 119 $ —
Conversion of senior convertible debt $ 500 $ 202 $ 201
See accompanying notes to consolidated financial statements.
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Source: ADVANCED MICRO DEVIC, 10-K, March 01, 2007