AMD Reports Third Quarter 2018 Financial Results

The three months ended June 30, 2018 diluted EPS is calculated based on 1,147 million shares, which include 100.6 million shares related to the Company’s 2026 Convertible Notes and an $11 million interest expense add-back to net income under the "if converted" method. The three months ended September 29, 2018 and September 30, 2017 diluted EPS are calculated based on 1,076 million shares and 1,042 million shares, respectively, and do not include potential shares from the conversion of the Company’s 2026 Convertible Notes because their inclusion would have been anti-dilutive under the “if-converted” method.

The nine months ended September 29, 2018 diluted EPS are calculated based on 1,058 million shares, and do not include potential shares from the conversion of the Company’s 2026 Convertible Notes because their inclusion would have been anti-dilutive under the “if-converted” method.

ADVANCED MICRO DEVICES, INC.
CONDENSED CONSOLIDATED BALANCE SHEETS
(Millions)

	September 29,			December 30,
	2018			2017
Assets
Current assets:
Cash and cash equivalents	$	1,046		$	1,185
Marketable securities		10			-
Accounts receivable, net		1,207			454
Inventories, net		738			694
Prepayment and receivables - related parties		53			33
Prepaid expenses		60			77
Other current assets		200			191

Total current assets		3,314			2,634
Property and equipment, net		318			261
Goodwill		289			289
Investment: equity method		58			58
Other assets		368			310

Total Assets	$	4,347		$	3,552

Liabilities and Stockholders' Equity
Current liabilities:
Short-term debt	$	136		$	70
Accounts payable		508			384
Payables to related parties		533			412
Accrued liabilities		688			555
Other current liabilities		13			92

Total current liabilities		1,878			1,513
Long-term debt, net		1,167			1,325
Other long-term liabilities		177			118

Stockholders' equity:
Capital stock:
Common stock, par value		10			9
Additional paid-in capital		8,666			8,464
Treasury stock, at cost		(67	)		(108	)
Accumulated deficit		(7,474	)		(7,775	)
Accumulated other comprehensive income (loss)		(10	)		6

Total Stockholders' equity		1,125			596
Total Liabilities and Stockholders' Equity	$	4,347		$	3,552

« Previous Page 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 Next Page »