Stock Analysis on Net
Stock Analysis on Net
Microsoft Excel LibreOffice Calc

Advanced Micro Devices Inc. (NASDAQ:AMD)

Cash Flow Statement

Beginner level

The cash flow statement provides information about a company’s cash receipts and cash payments during an accounting period, showing how these cash flows link the ending cash balance to the beginning balance shown on the company’s balance sheet.

The cash flow statement consists of three parts: cash flows provided by (used in) operating activities, cash flows provided by (used in) investing activities, and cash flows provided by (used in) financing activities.

Advanced Micro Devices Inc., consolidated cash flow statement

US$ in millions

Microsoft Excel LibreOffice Calc
12 months ended: Dec 28, 2019 Dec 29, 2018 Dec 30, 2017 Dec 31, 2016 Dec 26, 2015
Net income (loss) 341  337  43  (497) (660)
Depreciation and amortization 222  170  144  133  167 
Stock-based compensation 197  137  97  86  63 
Amortization of debt discount and issuance costs 30  38  36  21  11 
Amortization of operating lease right-of-use assets 36  —  —  —  — 
Loss on debt redemption, repurchase and conversion 176  12  12  68  — 
Loss on sale/disposal of property and equipment 42  27  —  —  — 
Impairment of technology licenses —  45  —  —  — 
Deferred income taxes (4) (4) —  11  — 
Fair value of warrant issued related to sixth amendment to the WSA —  —  —  240  — 
Restructuring and other special charges, net —  —  —  —  83 
Other (5) (1) —  (152) (3)
Accounts receivable (623) (806) (89) 222  280 
Inventories (137) (151) 12  (73) (11)
Prepayment and receivables, related parties 14  (19) (1) 1  84 
Prepaid expenses and other assets (176) (79) (140) (166) (111)
Payables to related parties 7  121  29  138  27 
Accounts payable, accrued liabilities and other 373  207  (75) 58  (156)
Changes in operating assets and liabilities (542) (727) (264) 180  113 
Adjustments to reconcile net income (loss) to net cash provided by operating activities 152  (303) 25  587  434 
Net cash provided by (used in) operating activities 493  34  68  90  (226)
Purchases of available-for-sale debt securities (284) (123) (222) —  (227)
Purchases of property and equipment (217) (163) (113) (77) (96)
Proceeds from maturity of available-for-sale debt securities 325  45  222  —  462 
Collection of deferred proceeds on sale of receivables 25  71  —  —  — 
Proceeds from sale of property, plant and equipment —  —  —  —  8 
Other 2  —  (1) 344  — 
Net cash (used in) provided by investing activities (149) (170) (114) 267  147 
Proceeds from issuance of common stock, net of issuance costs —  —  —  667  — 
Proceeds from issuance of convertible senior notes, net of issuance costs —  —  —  782  — 
Proceeds from issuance of common stock through employee equity incentive plans 74  70  20  20  5 
Proceeds from (repayments of) short-term debt (70) —  70  (230) 100 
Proceeds from warrant exercised by related party 449  —  —  —  — 
Payments to extinguish long-term debt (403) (41) (110) (1,113) (44)
Other (7) (1) (13) (4) (2)
Net cash provided by (used in) financing activities 43  28  (33) 122  59 
Net increase (decrease) in cash and cash equivalents, and restricted cash 387  (108) (79) 479  (20)
Cash, cash equivalents, and restricted cash at beginning of year 1,083  1,191  1,264  785  805 
Cash, cash equivalents, and restricted cash at end of year 1,470  1,083  1,185  1,264  785 

Based on: 10-K (filing date: 2020-02-04), 10-K (filing date: 2019-02-08), 10-K (filing date: 2018-02-27), 10-K (filing date: 2017-02-21), 10-K (filing date: 2016-02-18).

Cash flow statement item Description The company
Net cash provided by (used in) operating activities Amount of cash inflow (outflow) from operating activities, excluding discontinued operations. Operating activity cash flows include transactions, adjustments, and changes in value not defined as investing or financing activities. Advanced Micro Devices Inc.’s net cash provided by (used in) operating activities decreased from 2017 to 2018 but then increased from 2018 to 2019 exceeding 2017 level.
Net cash (used in) provided by investing activities Amount of cash inflow (outflow) of investing activities, excluding discontinued operations. Investing activity cash flows include making and collecting loans and acquiring and disposing of debt or equity instruments and property, plant, and equipment and other productive assets. Advanced Micro Devices Inc.’s net cash (used in) provided by investing activities decreased from 2017 to 2018 but then slightly increased from 2018 to 2019.
Net cash provided by (used in) financing activities Amount of cash inflow (outflow) of financing activities, excluding discontinued operations. Financing activity cash flows include obtaining resources from owners and providing them with a return on, and a return of, their investment; borrowing money and repaying amounts borrowed, or settling the obligation; and obtaining and paying for other resources obtained from creditors on long-term credit. Advanced Micro Devices Inc.’s net cash provided by (used in) financing activities increased from 2017 to 2018 and from 2018 to 2019.