AMD 2015 Annual Report Download - page 103
Download and view the complete annual report
Please find page 103 of the 2015 AMD annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.-
1 -
2
-
3
-
4
-
5
-
6
-
7
-
8
-
9
-
10
-
11
-
12
-
13
-
14
-
15
-
16
-
17
-
18
-
19
-
20
-
21
-
22
-
23
-
24
-
25
-
26
-
27
-
28
-
29
-
30
-
31
-
32
-
33
-
34
-
35
-
36
-
37
-
38
-
39
-
40
-
41
-
42
-
43
-
44
-
45
-
46
-
47
-
48
-
49
-
50
-
51
-
52
-
53
-
54
-
55
-
56
-
57
-
58
-
59
-
60
-
61
-
62
-
63
-
64
-
65
-
66
-
67
-
68
-
69
-
70
-
71
-
72
-
73
-
74
-
75
-
76
-
77
-
78
-
79
-
80
-
81
-
82
-
83
-
84
-
85
-
86
-
87
-
88
-
89
-
90
-
91
-
92
-
93 -
94 -
95 -
96 -
97 -
98 -
99 -
100 -
101 -
102 -
103 -
104 -
105 -
106 -
107 -
108 -
109 -
110 -
111 -
112 -
113 -
114
-
115
-
116
-
117
-
118
-
119
-
120
-
121
-
122
-
123
-
124
-
125
-
126
-
127
-
128
-
129
-
130
 |
 |
Future Payments on Total Debt
As of December 26, 2015, the Company’s future debt payment obligations were as follows:
Long Term
Debt
(Principal
only)
Short Term
Debt
(Principal
only)
(In millions)
2016 ................................................ $ — $230
2017 ................................................ — —
2018 ................................................ — —
2019 ................................................ 600 —
2020 ................................................ 450 —
2021 and thereafter ..................................... 975 —
Total ................................................ $2,025 $230
NOTE 11: Other Expense, Net
The following table summarizes the components of other income (expense), net:
2015 2014 2013
(In millions)
Net loss on debt redemptions ............................... $— $(61) $ (1)
Other ................................................. (5) (5) 1
Other expense, net ....................................... $ (5) $(66) $—
NOTE 12: Segment Reporting
Management, including the Chief Operating Decision Maker, who is the Company’s Chief Executive
Officer, reviews and assesses operating performance using segment net revenues and operating income (loss)
before interest, other income (expense), net and income taxes. These performance measures include the
allocation of expenses to the operating segments based on management’s judgment. In connection with the
Company’s continued strategic transformation, effective July 1, 2014, the Company realigned its organizational
structure. As a result of this organizational change, the Company has the following two reportable segments:
• the Computing and Graphics segment, which primarily includes desktop and notebook processors and
chipsets, discrete graphics processing units (GPUs) and professional graphics; and
• the Enterprise, Embedded and Semi-Custom segment, which primarily includes server and embedded
processors, semi-custom System-on-Chip (SoC) products, engineering services
and royalties.
In addition to these reportable segments, the Company has an All Other category, which is not a reportable
segment. This category primarily includes certain expenses and credits that are not allocated to any of the
reportable segments because management does not consider these expenses and credits in evaluating the
performance of the reportable segments. Also included in this category are amortizations of acquired intangible
assets, employee stock-based compensation expense, restructuring and other special charges, net, technology
node transition charge, workforce rebalancing severance charges, goodwill impairment charge, significant or
unusual lower of cost or market inventory adjustments and a net gain from licenses and settlement agreements
regarding patent-related matters. The Company also reported the results of former businesses in the All Other
category because the operating results were not material.
97