AMD Reports Third Quarter 2017 Financial Results

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

  September 30,
2017
 December 31,
2016
Assets    
Current assets:    
Cash and cash equivalents $879  $1,264 
Accounts receivable, net 771  311 
Inventories, net 794  751 
Prepayment and other receivables - related parties 26  32 
Prepaid expenses 72  63 
Other current assets 157  109 
Total current assets 2,699  2,530 
Property, plant and equipment, net 236  164 
Goodwill 289  289 
Investment: equity method 57  59 
Other assets 305  279 
Total Assets $3,586  $3,321 
Liabilities and Stockholders' Equity    
Current liabilities:    
Short-term debt 70   
Accounts payable 472  440 
Payables to related parties 444  383 
Accrued liabilities 460  391 
Other current liabilities 73  69 
Deferred income on shipments to distributors 72  63 
Total current liabilities 1,591  1,346 
Long-term debt, net 1,356  1,435 
Other long-term liabilities 119  124 
Stockholders' equity:    
Capital stock:    
Common stock, par value 10  9 
Additional paid-in capital 8,437  8,334 
Treasury stock, at cost (108) (119)
Accumulated deficit (7,821) (7,803)
Accumulated other comprehensive income (loss) 2  (5)
Total Stockholders' equity $520  $416 
Total Liabilities and Stockholders' Equity   $ 3,586     $ 3,321  

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