Balance Sheet: Liabilities and Stockholders’ Equity
Quarterly Data

The balance sheet provides creditors, investors, and analysts with information on company resources (assets) and its sources of capital (its equity and liabilities). It normally also provides information about the future earnings capacity of a company assets as well as an indication of cash flows that may come from receivables and inventories.

Liabilities represents obligations of a company arising from past events, the settlement of which is expected to result in an outflow of economic benefits from the entity.

Advanced Micro Devices Inc., consolidated balance sheet: liabilities and stockholders’ equity (quarterly data)

US$ in millions

	Jun 28, 2025	Mar 29, 2025	Dec 28, 2024	Sep 28, 2024	Jun 29, 2024	Mar 30, 2024	Dec 30, 2023	Sep 30, 2023	Jul 1, 2023	Apr 1, 2023	Dec 31, 2022	Sep 24, 2022	Jun 25, 2022	Mar 26, 2022	Dec 25, 2021	Sep 25, 2021	Jun 26, 2021	Mar 27, 2021	Dec 26, 2020	Sep 26, 2020	Jun 27, 2020	Mar 28, 2020
Accounts payable	3,080)	2,206)	2,466)	2,991)	2,119)	1,856)	2,418)	2,570)	3,092)	2,871)	2,956)	2,734)	1,879)	1,681)	1,406)	1,084)	872)	989)	546)	867)	994)	840)
Accrued liabilities	4,479)	3,876)	4,260)	4,120)	3,629)	3,444)	3,082)	3,376)	2,971)	3,167)	3,077)	3,598)	3,074)	3,070)	2,424)	2,048)	1,911)	1,779)	1,796)	1,478)	1,172)	1,070)
Short-term borrowings	—)	947)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)
Current portion of long-term debt, net	—)	—)	—)	—)	—)	750)	751)	752)	753)	—)	—)	—)	312)	312)	312)	312)	—)	—)	—)	—)	200)	—)
Liabilities held for sale	1,968)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)
Other current liabilities	316)	674)	555)	389)	447)	424)	438)	929)	756)	539)	336)	359)	258)	518)	98)	120)	109)	96)	75)	72)	68)	75)
Current liabilities	9,843)	7,703)	7,281)	7,500)	6,195)	6,474)	6,689)	7,627)	7,572)	6,577)	6,369)	6,691)	5,523)	5,581)	4,240)	3,564)	2,892)	2,864)	2,417)	2,417)	2,434)	1,985)
Long-term debt, net of current portion	3,218)	3,217)	1,721)	1,720)	1,719)	1,718)	1,717)	1,715)	1,714)	2,467)	2,467)	2,466)	2,465)	1,475)	1)	1)	313)	313)	330)	373)	490)	488)
Long-term operating lease liabilities	668)	567)	491)	518)	526)	530)	535)	395)	393)	381)	396)	424)	422)	370)	348)	269)	240)	238)	201)	205)	204)	211)
Deferred tax liabilities	341)	343)	349)	1,162)	1,192)	1,199)	1,202)	1,152)	1,365)	1,641)	1,934)	2,078)	2,805)	3,109)	12)	—)	—)	—)	—)	—)	—)	—)
Other long-term liabilities	1,085)	1,839)	1,816)	1,751)	1,716)	1,776)	1,850)	1,767)	1,787)	1,874)	1,664)	1,610)	1,118)	1,047)	321)	183)	181)	155)	177)	161)	150)	143)
Long-term liabilities	5,312)	5,966)	4,377)	5,151)	5,153)	5,223)	5,304)	5,029)	5,259)	6,363)	6,461)	6,578)	6,810)	6,001)	682)	453)	734)	706)	708)	739)	844)	842)
Total liabilities	15,155)	13,669)	11,658)	12,651)	11,348)	11,697)	11,993)	12,656)	12,831)	12,940)	12,830)	13,269)	12,333)	11,582)	4,922)	4,017)	3,626)	3,570)	3,125)	3,156)	3,278)	2,827)
Common stock, par value $0.01	17)	17)	17)	17)	17)	17)	17)	17)	16)	16)	16)	16)	16)	16)	12)	12)	12)	12)	12)	12)	12)	12)
Additional paid-in capital	62,228)	61,730)	61,362)	60,896)	60,542)	60,053)	59,676)	59,182)	58,825)	58,331)	58,005)	57,581)	57,297)	56,925)	11,069)	10,905)	10,795)	10,658)	10,544)	10,362)	10,127)	10,026)
Treasury stock, at cost	(6,535)	(6,899)	(6,106)	(5,812)	(5,103)	(4,690)	(4,514)	(4,235)	(3,430)	(3,362)	(3,099)	(2,815)	(1,893)	(941)	(2,130)	(1,356)	(401)	(141)	(131)	(126)	(54)	(54)
Retained earnings (accumulated deficit)	3,945)	3,073)	2,364)	1,882)	1,111)	846)	723)	56)	(243)	(270)	(131)	(152)	(218)	(665)	(1,451)	(2,425)	(3,348)	(4,058)	(4,605)	(6,386)	(6,776)	(6,933)
Accumulated other comprehensive income (loss)	10)	(40)	(69)	2)	(29)	(28)	(10)	(50)	(32)	(21)	(41)	(88)	(33)	(2)	(3)	—)	7)	6)	17)	5)	(4)	(14)
Stockholders’ equity	59,665)	57,881)	57,568)	56,985)	56,538)	56,198)	55,892)	54,970)	55,136)	54,694)	54,750)	54,542)	55,169)	55,333)	7,497)	7,136)	7,065)	6,477)	5,837)	3,867)	3,305)	3,037)
Total liabilities and stockholders’ equity	74,820)	71,550)	69,226)	69,636)	67,886)	67,895)	67,885)	67,626)	67,967)	67,634)	67,580)	67,811)	67,502)	66,915)	12,419)	11,153)	10,691)	10,047)	8,962)	7,023)	6,583)	5,864)

Current liabilities: The current liabilities exhibit an overall increasing trend from March 2020 through June 2025. Beginning at approximately $1.99 billion in March 2020, current liabilities rise steadily, reaching peaks above $9.8 billion by June 2025. Notable increases are seen in accounts payable and accrued liabilities, which both generally grow over the period. Accounts payable climb from $840 million in March 2020 to a high exceeding $3 billion in some later quarters, showing some volatility. Accrued liabilities increase more consistently from roughly $1.07 billion to over $4.4 billion by mid-2025. Other current liabilities show fluctuations but generally trend upwards with substantial variability quarter to quarter.
Debt and borrowings: Short-term borrowings appear intermittently, recorded only once at $947 million around mid-2025, indicating limited short-term debt usage. The current portion of long-term debt is irregular but shows a level around $750 million during parts of 2023 and 2024. Long-term debt, net of the current portion, sees significant growth starting from below $500 million in early 2020 to over $3.2 billion by mid-2025. This sharp increase occurs predominantly after 2024, indicating substantial long-term borrowing. Overall, total debt shows increasing leverage, particularly in long-term obligations.
Long-term liabilities: Long-term liabilities experience fluctuations but remain broadly elevated in the latter periods compared to early years. Starting near $840 million in March 2020, it peaks above $6 billion between 2021 and 2022 before declining to just over $5 billion in following quarters. Variability in deferred tax liabilities is notable; absent early on, these surge dramatically around 2021, peaking above $3 billion, then decline steadily to below $400 million by mid-2025. Other long-term liabilities increase over time, though with modest quarter-to-quarter changes. Long-term operating lease liabilities grow slightly, moving from around $210 million to over $650 million over the timeline.
Total liabilities: Total liabilities follow a strong upward trajectory, increasing from approximately $2.8 billion in early 2020 to over $15 billion by mid-2025. The most significant jump occurs between 2020 and 2022, with liabilities nearly quadrupling, primarily driven by rises in current liabilities and long-term debt. After 2022, total liabilities generally stabilize with minor fluctuations but remain at elevated levels above $11 billion.
Stockholders’ equity and related items: Stockholders’ equity demonstrates substantial growth from around $3 billion in March 2020 to nearly $60 billion by mid-2025. This impressive increase mainly derives from significant increases in additional paid-in capital, which escalates markedly from roughly $10 billion to over $62 billion. Retained earnings improve from a negative balance near -$6.9 billion to positive and progressively increasing figures, reaching about $3.9 billion by mid-2025, reflecting improved profitability or accumulated surpluses. Treasury stock at cost also fluctuates significantly, with increased negative balances indicating share repurchases peaking and slightly retracting toward the end of the period. Accumulated other comprehensive income remains relatively low and volatile but does not significantly impact overall equity.
Total liabilities and stockholders’ equity: The combined total systematically rises from about $5.9 billion in early 2020 to roughly $75 billion by mid-2025, evidencing significant growth in the company’s capital structure. The increase is underpinned both by the rise in liabilities and the marked expansion of equity, suggesting aggressive financing and capital-raising activities alongside improved retained earnings and expanded equity base.
Overall insights: The data points to a period of rapid financial expansion and transformation. Current liabilities and long-term debt have grown substantially, indicating increased leverage and potential investment or operational scaling. The sharp increase in additional paid-in capital suggests considerable capital infusion possibly through equity issuance. The transition from accumulated deficits to positive retained earnings signals improving financial performance or effective retained profit accumulation. Fluctuations in treasury stock reflect active share repurchase programs. Deferred tax liabilities' sharp rise and fall may reflect changes in tax strategy or valuation adjustments. The overall balance sheet size grows markedly, indicating increased operational scale or acquisition activity. Maintaining a balance between debt and equity growth will be essential for sustaining financial health going forward.

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Advanced Micro Devices Inc. (NASDAQ:AMD)

Balance Sheet: Liabilities and Stockholders’ Equity Quarterly Data

Balance Sheet: Liabilities and Stockholders’ Equity
Quarterly Data