AMD 2012 Annual Report Download - page 68

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Contractual Obligations
The following table summarizes our consolidated principal contractual cash obligations, as of December 29,
2012, and is supplemented by the discussion following the table:
Payment due by period
(In millions) Total 2013 2014 2015 2016 2017
2018
and thereafter
6.00% Convertible Senior Notes due 2015(1) .... $ 580 $ — $— $580 $— $— $ —
8.125% Senior Notes due 2017(1) ............. 500 ————500 —
7.75% Senior Notes due 2020 ................ 500 ————— 500
7.50% Senior Notes due 2022 ................ 500 500
Other long-term liabilities ................... 13 — 12 — — — 1
Aggregate interest obligation(2) ............... 937 152 152 128 117 115 273
Capital lease obligations(3) ................... 25 66661 —
Operating leases ........................... 160 37 34 28 21 18 22
Purchase obligations(4) ...................... 299 266 21 12 — — —
Obligations to GF(5) ........................ 1,815 1,565 250 — — — —
Total contractual obligations ................. $5,329 $2,026 $475 $754 $144 $634 $1,296
(1) Represents aggregate principal amount of the notes, without the effect of associated discounts.
(2) Represents estimated aggregate interest obligations for our outstanding debt obligations that are payable in
cash, excluding capital lease obligations. Also excludes non-cash amortization of debt discounts on the
8.125% Notes and the 6.00% Notes.
(3) Includes principal and imputed interest.
(4) We have purchase obligations for goods and services where payments are based, in part, on the volume or
type of services we acquire. In those cases, we only included the minimum volume of purchase obligations
in the table above. Purchase orders for goods and services that are cancelable upon notice and without
significant penalties are not included in the amounts above.
(5) This amount includes all our contractual obligations to GF.
6.00% Convertible Senior Notes due 2015
On April 27, 2007, we issued $2.2 billion aggregate principal amount of 6.00% Notes. The 6.00% Notes are
our general unsecured senior obligations. Interest is payable on May 1 and November 1 of each year beginning
November 1, 2007 until the maturity date of May 1, 2015. The terms of the 6.00% Notes are governed by an
indenture (the 6.00% Indenture) dated April 27, 2007, by and between us and Wells Fargo Bank, National
Association, as Trustee.
As of December 29, 2012, the outstanding aggregate principal amount of our 6.00% Notes was $580 million
and the remaining carrying value was approximately $555 million, net of debt discount of $25 million.
See Note 10 of “Notes to Consolidated Financial Statements,” below, for additional information regarding
the 6.00% Notes.
8.125% Senior Notes Due 2017
On November 30, 2009, we issued $500 million of the 8.125% Notes at a discount of 10.204%. The 8.125%
Notes are our general unsecured senior obligations. Interest is payable on June 15 and December 15 of each year
beginning June 15, 2010 until the maturity date of December 15, 2017. The discount of $51 million is recorded
as contra debt and is amortized to interest expense over the life of the 8.125% Notes using the effective interest
method. The 8.125% Notes are governed by the terms of an indenture (the 8.125% Indenture) dated
November 30, 2009 between us and Wells Fargo Bank, National Association, as Trustee.
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