ADVANCED MICRO DEVICES INC
For the period ended Mar 30, 2024. Filed May 1, 2024.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Mar 30, 2024 · Filed May 1, 2024
AMD$515.21+1.3%Stored close · as of Nov 10, 2026
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Condensed Consolidated Statements of Cash Flows
| Three Months Ended | ||
|---|---|---|
| March 30,2024 | April 1,2023 | |
| (In millions) | ||
| Cash flows from operating activities: | ||
| Net income (loss) | $123 | $(139) |
| Adjustments to reconcile net income (loss) to net cash provided by operating activities: | ||
| Depreciation and amortization | 784 | 982 |
| Stock-based compensation | 371 | 309 |
| Amortization of operating lease right-of-use assets | 26 | 24 |
| Deferred income taxes | (66) | (308) |
| Inventory loss at contract manufacturer | 65 | — |
| Other | (22) | 5 |
| Changes in operating assets and liabilities | ||
| Accounts receivable, net | 338 | 86 |
| Inventories | (368) | (464) |
| Prepaid expenses and other assets | (322) | (191) |
| Receivables from and payables to related parties, net | 53 | (109) |
| Accounts payable | (636) | 73 |
| Accrued and other liabilities | 175 | 218 |
| Net cash provided by operating activities | 521 | 486 |
| Cash flows from investing activities: | ||
| Purchases of property and equipment | (142) | (158) |
| Purchases of short-term investments | (433) | (1,703) |
| Proceeds from maturity of short-term investments | 441 | 473 |
| Proceeds from sale of short-term investments | 2 | 145 |
| Other | (3) | 6 |
| Net cash used in investing activities | (135) | (1,237) |
| Cash flows from financing activities: | ||
| Proceeds from sales of common stock through employee equity plans | 5 | 3 |
| Repurchases of common stock | (4) | (241) |
| Common stock repurchases for tax withholding on employee equity plans | (129) | (21) |
| Other | (1) | — |
| Net cash used in financing activities | (129) | (259) |
| Net increase (decrease) in cash and cash equivalents | 257 | (1,010) |
| Cash and cash equivalents at beginning of period | 3,933 | 4,835 |
| Cash and cash equivalents at end of period | $4,190 | $3,825 |
| Supplemental cash flow information: | ||
| Cash paid for taxes, net of refunds | $87 | $21 |
| Non-cash investing and financing activities: | ||
| Purchases of property and equipment, accrued but not paid | $102 | $69 |
| Repurchases for tax withholding on employee equity plans, not yet paid | $42 | $— |
| Non-cash activities for leases: | ||
| Operating lease right-of-use assets acquired by assuming related liabilities | $25 | $— |
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