AMD 2007 Annual Report Download - page 97

Table of Contents
Advanced Micro Devices Inc. and Subsidiaries
Consolidated Statements of Cash Flows—(Continued)
Three Years Ended December 29, 2007
2007 2006 2005
(In millions)
Cash flows from financing activities:
Proceeds from notes payable to banks $ — $ — $ 77
Proceeds from borrowings, net of issuance cost 3,649 3,366 169
Repayments of debt and capital lease obligations (2,291) (539) (316)
Purchase of capped call (182) — —
Proceeds from foreign grants and subsidies 223 210 163
Proceeds from sale leaseback transactions — — 129
Proceeds from limited partners’ contribution — — 90
Proceeds from issuance of common stock, net of issuance costs 608 495 —
Proceeds from issuance of common stock under stock-based compensation plans 78 231 189
Repayment of silent partner contribution (46) — —
Other (2) — (7)
Net cash provided by (used in) financing activities 2,037 3,763 494
Effect of exchange rate changes on cash and cash equivalents — — 7
Net increase (decrease) in cash and cash equivalents 52 747 (286)
Cash and cash equivalents at beginning of year 1,380 633 919
Cash and cash equivalents at end of year $ 1,432 $ 1,380 $ 633
Supplemental disclosures of cash flow information:
Cash paid (refunded) during the year for:
Interest $ 314 $ 79 $ 139
Income taxes $ 26 $ 17 $ 40
Non-cash investing activities:
Stock, stock options and restricted stock units for ATI $ — $ 1,316 $ —
Non-cash financing activities:
Equipment sale leaseback transaction $ — $ — $ 78
Capital leases $ 57 $ 18 $ 119
Conversion of senior convertible debt $ — $ 500 $ 202
See accompanying notes to consolidated financial statements.
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Source: ADVANCED MICRO DEVIC, 10-K, February 26, 2008