| 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 | |||
