AMD 2015 Annual Report Download - page 104

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The following table provides a summary of net revenue and operating income (loss) by segment and income
(loss) before income taxes for 2015, 2014 and 2013. The results prior to July 1, 2014 have been recast to reflect
the Company’s new reportable segments.
2015 2014 2013
(In millions)
Net revenue:
Computing and Graphics ...................... $ 1,805 $ 3,132 $ 3,720
Enterprise, Embedded and Semi-Custom ......... 2,186 2,374 1,577
All Other ................................... — — 2
Total net revenue ................................ $ 3,991 $ 5,506 $ 5,299
Operating income (loss):
Computing and Graphics ...................... $ (502) $ (76) $ (101)
Enterprise, Embedded and Semi-Custom ......... 215 399 295
All Other ................................... (194) (478) (91)
Total operating income (loss) ....................... $ (481) $ (155) $ 103
Interest expense ................................. (160) (177) (177)
Other expense, net ............................... (5) (66) —
Loss before income taxes .......................... $ (646) $ (398) $ (74)
The Company does not discretely allocate assets to its operating segments, nor does management evaluate
operating segments using discrete asset information.
The Company’s operations outside the United States include research and development activities; assembly,
test, mark and packaging activities; and sales, marketing and administrative activities. The Company conducts
product and system research and development activities for its products in the United States, with additional
design and development engineering teams located in China, Canada, India, Singapore, Taiwan, and Israel. The
Company’s assembly, test, mark and packaging facilities are located in Malaysia and China. The Company’s
material sales and marketing offices are located in the United States, Latin America, Europe and Asia.
The following table summarizes sales to external customers by country, which is based on the billing
location of the customer:
2015 2014 2013
(In millions)
United States ............................... $ 984 $ 1,030 $ 801
Europe .................................... 168 325 460
China ..................................... 1,145 2,324 2,519
Singapore .................................. 356 371 610
Japan ...................................... 1,254 1,324 710
Other countries .............................. 84 132 199
Total sales to external customers .................... $ 3,991 $ 5,506 $ 5,299
The Company had two customers that accounted for more than 10% of the Company’s consolidated net
revenue in 2015. The Company had three customers that accounted for more than 10% of the Company’s
consolidated net revenue in 2014 and 2013. Net sales to these customers were approximately 31% and 18% of
consolidated net revenue in 2015, 23%, 13% and 13% of consolidated net revenue in 2014 and 17%, 11% and
10% of consolidated net revenue in 2013. The majority of the revenue from these customers was related to
products from the Enterprise, Embedded and Semi-Custom segment.
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