Stock Analysis on Net
Stock Analysis on Net

Advanced Micro Devices Inc. (NASDAQ:AMD)

Cash Flow Statement
Quarterly Data

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 (quarterly data)

US$ in millions

Microsoft Excel LibreOffice Calc
3 months ended: Dec 26, 2020 Sep 26, 2020 Jun 27, 2020 Mar 28, 2020 Dec 28, 2019 Sep 28, 2019 Jun 29, 2019 Mar 30, 2019 Dec 29, 2018 Sep 29, 2018 Jun 30, 2018 Mar 31, 2018 Dec 30, 2017 Sep 30, 2017 Jul 1, 2017 Apr 1, 2017 Dec 31, 2016 Sep 24, 2016 Jun 25, 2016 Mar 26, 2016
Net income (loss) 1,781  390  157  162  170  120  35  16  38  102  116  81  61  71  (16) (73) (51) (406) 69  (109)
Depreciation and amortization 90  82  72  68  64  60  52  46  43  41  42  44  39  36  35  34  34  33  33  33 
Stock-based compensation 79  76  60  59  57  54  45  41  36  36  33  32  21  29  24  23  29  23  18  16 
Amortization of debt discount and issuance costs 10  10  10 
Amortization of operating lease right-of-use assets 11  11  10  10  —  —  —  —  —  —  —  —  —  —  —  — 
Loss on debt redemption, repurchase and conversion 16  38  —  —  128  40  —  —  61  —  — 
Loss on sale/disposal of property and equipment 18  26  27  —  —  —  —  —  —  —  —  —  —  — 
Impairment of technology licenses —  —  —  —  —  —  —  —  45  —  —  —  —  —  —  —  —  —  —  — 
Deferred income taxes (1,223) —  —  —  (4) —  —  —  (4) —  —  —  —  —  —  —  —  —  11  — 
Fair value of warrant issued related to sixth amendment to the WSA —  —  —  —  —  —  —  —  —  —  —  —  —  —  —  —  —  240  —  — 
Other (6) (9) (3) (1) (3) (2) (4) (4) (2) (152) (5)
Accounts receivable, net 68  (351) (104) 168  (465) (60) (93) (5) (3) (110) (398) (295) 371  (157) (120) (183) 329  31  (164) 26 
Inventories (107) 32  (268) (74) 58  (25) (60) (110) (107) 12  (35) (21) 55  39  (88) 21  (28) (69)
Receivables from related parties (6) (3) 13  (4) 18  (26) (26) 15  (7) (16) 21  (19) (1) 14 
Prepaid expenses and other assets (59) (160) 19  (31) (144) (23) (14) (70) (67) 34  24  (58) (26) (26) (30) (32) (17) (139) 22 
Payables to related parties (37) (77) (26) (1) 14  —  (6) 81  73  (38) (32) 70  45  (54) (45) 184  11  (12)
Accounts payable (513) —  —  —  —  —  —  —  —  —  —  —  —  —  —  —  —  —  —  — 
Accrued liabilities and other 453  282  268  (429) 552  21  (208) 65  98  39  (75) (59) 53  (93) (102) 280  (27)
Changes in operating assets and liabilities (201) (268) (73) (389) (3) (73) (119) (347) (76) (121) (254) (276) 254  (84) (133) (301) 161  67  (67) 19 
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities (1,227) (51) 86  (227) 272  114  (5) (229) 82  (26) (171) (188) 322  (5) (66) (226) 239  435  (154) 67 
Net cash provided by (used in) operating activities 554  339  243  (65) 442  234  30  (213) 120  76  (55) (107) 383  66  (82) (299) 188  29  (85) (42)
Purchases of property and equipment (74) (74) (91) (55) (42) (55) (58) (62) (41) (33) (43) (46) (44) (34) (12) (23) (21) (9) (21) (26)
Purchases of short-term investments (320) (475) —  (55) —  (53) —  (231) (78) (10) (35) —  (1) —  —  (221) —  —  —  — 
Proceeds from maturity of short-term investments 100  —  55  37  16  165  51  93  10  35  —  —  84  137  —  —  —  —  — 
Collection of deferred proceeds on sale of receivables —  —  —  —  —  —  —  25  21  19  10  21  —  —  —  —  —  —  —  — 
Other —  —  —  —  —  —  —  —  —  —  —  (1) (2) (5) (1) 350  — 
Net cash (used in) provided by investing activities (294) (549) (36) (73) (26) 57  (7) (173) (88) 11  (68) (25) (43) 51  124  (246) (26) (10) 329  (26)
Proceeds from short-term debt borrowings —  —  200  —  —  —  —  —  —  —  —  —  —  28  42  —  —  —  —  — 
Proceeds from issuance of common stock, net of issuance costs —  —  —  —  —  —  —  —  —  —  —  —  —  —  —  —  (1) 668  —  — 
Proceeds from issuance of convertible senior notes, net of issuance costs —  —  —  —  —  —  —  —  —  —  —  —  —  —  —  —  101  681  —  — 
Repayment and extinguishment of debt —  (200) —  —  (142) (97) (70) (164) (26) —  (1) (14) (40) (28) (42) —  (265) (1,074) (4) — 
Proceeds from warrant exercise —  —  —  —  —  —  —  449  —  —  —  —  —  —  —  —  —  —  —  — 
Proceeds from sales of common stock through employee equity plans 40  39  36  34  26  29  10  — 
Common stock repurchases for tax withholding on employee equity plans (5) (73) —  —  —  (6) —  —  —  —  —  —  —  —  —  —  —  —  —  — 
Other —  (1) (1) (1) (2) —  —  (1) —  —  (3) (6) (5) (3) (1) (1)
Net cash provided by (used in) financing activities 35  (269) 238  (107) (98) (38) 286  —  28  (8) (34) (4) (156) 282  (3) (1)
Net increase (decrease) in cash, cash equivalents, and restricted cash 295  (479) 445  (136) 309  193  (15) (100) 32  95  (95) (140) 306  119  38  (542) 301  241  (69)

Based on: 10-K (filing date: 2021-01-29), 10-Q (filing date: 2020-10-28), 10-Q (filing date: 2020-07-29), 10-Q (filing date: 2020-04-29), 10-K (filing date: 2020-02-04), 10-Q (filing date: 2019-10-30), 10-Q (filing date: 2019-07-31), 10-Q (filing date: 2019-05-01), 10-K (filing date: 2019-02-08), 10-Q (filing date: 2018-10-31), 10-Q (filing date: 2018-08-02), 10-Q (filing date: 2018-05-03), 10-K (filing date: 2018-02-27), 10-Q (filing date: 2017-11-02), 10-Q (filing date: 2017-08-03), 10-Q (filing date: 2017-05-08), 10-K (filing date: 2017-02-21), 10-Q (filing date: 2016-10-26), 10-Q (filing date: 2016-07-26), 10-Q (filing date: 2016-04-28).

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 increased from Q2 2020 to Q3 2020 and from Q3 2020 to Q4 2020.
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 Q2 2020 to Q3 2020 but then slightly increased from Q3 2020 to Q4 2020.
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 decreased from Q2 2020 to Q3 2020 but then increased from Q3 2020 to Q4 2020 not reaching Q2 2020 level.