AMD 2008 Annual Report Download - page 164
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(3) Represents a gain on the sale of 200 millimeter equipment associated with the conversion of Fab 30 to a
300-mm fabrication facility.
(4) In September 2007, as a result of our loss of the ability to exercise significant influence over Spansion, we
ceased applying the equity method of accounting and began accounting for this investment as
“available-for-sale” marketable securities under FASB Statement No. 115, Accounting for Certain
Investments in Debt and Equity Securities. We recorded impairment charges of $69 million and $42 million
in the quarters ended December 29 and September 29, respectively. All the charges in 2008 were
impairment charges related to our investment in Spansion.
(5) Tax benefit in the fourth quarter of 2007 represents a reversal of deferred U.S. taxes related to indefinite-
lived goodwill. The income tax provision in the fourth quarter of 2008 primarily results from increases in
net deferred tax liabilities in our German subsidiaries reduced by net current tax benefits in other
jurisdictions.
(6) In the second quarter of 2008 we decided to divest our Digital Television business unit. As a result, we
classified this business unit as discontinued operations in our financial statements. All prior periods
presented have been recast to conform to the current period presentation.
Financial Statements of Subsidiaries Not Consolidated and 50% or Less Owned Persons
The consolidated financial statements of Spansion Inc. as of December 31, 2006 and December 25, 2005,
and for each of the three years in the period ended December 31, 2006 included in Exhibit 99.1 and as of
September 30, 2007 and for the three and nine months ended September 30, 2007 and October 1, 2006 included
in Exhibit 99.2 to this Annual Report (Form 10-K) are incorporated herein by reference.
154