ADVANCED MICRO DEVICES, INC AMD Cash Flow

Advanced micro devices, inc (AMD)

CashFlow / Quarterly

Mar'20	Dec'19	Sep'19	Jun'19	Mar'19	Dec'18	Sep'18	Jun'18	Mar'18	Dec'17	Sep'17	Jun'17	Mar'17	Dec'16	Sep'16	Jun'16	Mar'16	Dec'15	Sep'15	Jun'15	Mar'15	Dec'14	Sep'14	Jun'14	Mar'14	Dec'13	Sep'13	Jun'13	Mar'13	Dec'12	Sep'12	Jun'12	Mar'12	Dec'11	Sep'11	Jun'11	Mar'11	Dec'10	Sep'10	Jun'10	Mar'10
Cash flows from operating activities:
Net income
162,000	170,000	120,000	35,000	16,000	38,000	102,000	116,000	81,000	-19,000	61,000	-42,000	-33,000	-52,000	-406,000	69,000	-109,000	-102,000	-197,000	-181,000	-180,000	-364,000	17,000	-36,000	-20,000	89,000	48,000	-74,000	-146,000	-473,000	-157,000	37,000	-590,000	-177,000	97,000	61,000	510,000	375,000	-118,000	-43,000	257,000
Adjustments to reconcile net income (loss) to net cash provided by operating activities:
Depreciation and amortization
68,000	64,000	60,000	52,000	46,000	43,000	41,000	42,000	44,000	39,000	36,000	35,000	34,000	34,000	33,000	33,000	33,000	34,000	42,000	45,000	46,000	48,000	49,000	53,000	53,000	54,000	57,000	59,000	66,000	66,000	66,000	65,000	63,000	70,000	79,000	80,000	88,000	89,000	94,000	100,000	100,000
Stock-based compensation
59,000	57,000	54,000	45,000	41,000	36,000	36,000	33,000	32,000	21,000	29,000	24,000	23,000	29,000	23,000	18,000	16,000	16,000	13,000	17,000	17,000	16,000	21,000	21,000	23,000	24,000	23,000	20,000	24,000	23,000	27,000	26,000	21,000	21,000	22,000	20,000	27,000	22,000	22,000	23,000	20,000
Amortization of debt discount and issuance costs
4,000	5,000	7,000	9,000	9,000	9,000	9,000	10,000	10,000	9,000	9,000	9,000	9,000	10,000	4,000	3,000	4,000	3,000	2,000	3,000	3,000	6,000	2,000	3,000	6,000	7,000	6,000	6,000	6,000	6,000	5,000	6,000	6,000	5,000	5,000	6,000	5,000	5,000	8,000	9,000	8,000
Amortization of operating lease right-of-use assets
10,000	9,000	9,000	9,000	9,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Restructuring and other special charges, net
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	11,000	1,000	71,000	14,000	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Loss on debt redemption
0	-128,000	-40,000	0	-8,000	-5,000	-6,000	0	-1,000	-3,000	-2,000	-3,000	-4,000	-7,000	-61,000	0	0	-	-	-	-	3,000	0	-49,000	-15,000	-1,000	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Non-cash portion of the limited waiver of exclusivity from GLOBALFOUNDRIES
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	278,000	-	-	-	-	-	-	-	-
Dilution gain in investee
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	492,000	27,000	-186,000	-120,000	-183,000
Provision for deferred income taxes
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	1,000	1,000	-1,000	-4,000	-36,000	-6,000	2,000	-1,000	-1,000	-	-	-	-
Loss on sale/disposal of property and equipment
-18,000	-8,000	-26,000	-2,000	-6,000	-27,000	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-1,000	17,000	-95,000	48,000	-1,000	0	0	0	-	-	-	-	-	-	-	-
Net gain on sale of equity interests in ATMP JV
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	325,000
Other
-3,000	-8,000	9,000	3,000	1,000	3,000	-3,000	2,000	-1,000	4,000	-3,000	4,000	-5,000	3,000	-3,000	2,000	5,000	15,000	-9,000	-3,000	0	4,000	4,000	1,000	4,000	2,000	0	0	-1,000	-1,000	0	2,000	-3,000	-13,000	-7,000	0	11,000	25,000	9,000	-11,000	4,000
Changes in operating assets and liabilities:
Accounts receivable, net
-168,000	465,000	60,000	93,000	5,000	3,000	110,000	398,000	295,000	-424,000	89,000	43,000	395,000	-285,000	-31,000	164,000	-26,000	-116,000	-35,000	-83,000	-46,000	-151,000	104,000	48,000	-8,000	442,000	-203,000	-25,000	-14,000	-527,000	60,000	217,000	-40,000	10,000	150,000	-2,000	189,000	465,000	285,000	254,000	134,000
Inventories, net
74,000	-58,000	25,000	60,000	110,000	107,000	-12,000	35,000	21,000	8,000	28,000	43,000	-76,000	-46,000	28,000	69,000	-3,000	-82,000	-24,000	111,000	6,000	-213,000	-62,000	62,000	14,000	682,000	-211,000	-97,000	-52,000	349,000	89,000	-249,000	-106,000	-65,000	-102,000	-6,000	16,000	10,000	41,000	4,000	89,000
Prepayment and receivables—related parties
-3,000	3,000	-13,000	-8,000	4,000	-9,000	26,000	26,000	-15,000	12,000	16,000	-21,000	-1,000	19,000	1,000	-14,000	-7,000	13,000	-3,000	-26,000	-68,000	113,000	-67,000	67,000	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Prepaid expenses and other assets
31,000	144,000	23,000	-5,000	14,000	61,000	67,000	-34,000	-24,000	89,000	24,000	25,000	29,000	29,000	17,000	139,000	-22,000	-2,000	40,000	57,000	16,000	-149,000	139,000	25,000	-8,000	188,000	-10,000	-74,000	-1,000	62,000	-14,000	25,000	-41,000	-73,000	-6,000	-47,000	11,000	105,000	-4,000	-10,000	6,000
Payables to related parties
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	27,000	0	97,000	-97,000	47,000	22,000	82,000	-151,000	-130,000	81,000	34,000	-74,000	6,000	-213,000	100,000	384,000	26,000	34,000	-10,000	-78,000	-11,000	3,000	32,000	31,000
Payables to related parties
-26,000	-	14,000	0	-6,000	-	5,000	73,000	-38,000	-	70,000	45,000	-54,000	-	184,000	11,000	-12,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other assets
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	5,000	-2,000	-16,000	-2,000	4,000	9,000	-10,000	2,000	1,000	-1,000	-13,000
Accounts payable, accrued liabilities and other
-429,000	552,000	8,000	21,000	-208,000	91,000	65,000	98,000	39,000	-19,000	13,000	-62,000	60,000	-85,000	-102,000	280,000	-27,000	-82,000	12,000	38,000	-124,000	-131,000	26,000	-2,000	-124,000	-85,000	248,000	115,000	-12,000	-170,000	-107,000	-142,000	187,000	-91,000	3,000	-28,000	-32,000	-57,000	-8,000	-78,000	-39,000
Net cash used in operating activities
-65,000	442,000	234,000	30,000	-213,000	120,000	76,000	-55,000	-107,000	324,000	69,000	-82,000	-299,000	179,000	29,000	-85,000	-42,000	59,000	-56,000	-57,000	-172,000	116,000	18,000	-28,000	-204,000	21,000	21,000	-35,000	-155,000	-286,000	-240,000	81,000	107,000	187,000	189,000	174,000	-168,000	-213,000	-124,000	-98,000	23,000
Cash flows from investing activities:
Acquisition of SeaMicro, Inc., net of cash acquired
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	281,000	-	-	-	-	-	-	-	-
Purchases of property and equipment
55,000	42,000	55,000	58,000	62,000	41,000	33,000	43,000	46,000	44,000	34,000	12,000	23,000	21,000	9,000	21,000	26,000	32,000	25,000	17,000	22,000	22,000	29,000	23,000	21,000	21,000	15,000	28,000	20,000	22,000	32,000	39,000	40,000	87,000	58,000	67,000	38,000	38,000	31,000	31,000	48,000
Purchases of available-for-sale debt securities
55,000	0	53,000	0	231,000	78,000	10,000	35,000	0	1,000	0	0	221,000	0	0	0	0	0	0	4,000	223,000	144,000	28,000	308,000	310,000	58,000	232,000	392,000	361,000	195,000	201,000	453,000	95,000	125,000	509,000	559,000	393,000	485,000	647,000	165,000	503,000
Proceeds from sale of trading securities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	8,000
Cash decrease due to deconsolidation of GLOBALFOUNDRIES
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	904,000
Proceeds from maturity of available-for-sale debt securities
37,000	16,000	165,000	51,000	93,000	10,000	35,000	0	0	-	-	-	-	-	-	-	-	0	0	232,000	230,000	209,000	176,000	288,000	200,000	375,000	376,000	343,000	250,000	257,000	241,000	230,000	620,000	311,000	585,000	396,000	434,000	424,000	315,000	670,000	231,000
Collection of deferred proceeds on sale of receivables
0	0	0	0	25,000	21,000	19,000	10,000	21,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from sale of property, plant and equipment
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	57,000	3,000	178,000	0	0	0	0	-	-	-	-	-	-	-	-
Other
0	0	0	0	-2,000	0	0	0	0	-1,000	-1,000	1,000	2,000	1,000	-4,000	1,000	0	-	-	-	-	-	-	-	-	-	-	-	-	-14,000	18,000	1,000	4,000	2,000	0	0	17,000	4,000	-5,000	-17,000	-1,000
Net cash used in investing activities
-73,000	-26,000	57,000	-7,000	-173,000	-88,000	11,000	-68,000	-25,000	17,000	51,000	124,000	-246,000	-16,000	-10,000	329,000	-26,000	-32,000	-17,000	211,000	-15,000	43,000	119,000	-43,000	-131,000	296,000	186,000	-74,000	47,000	54,000	-10,000	-263,000	200,000	97,000	34,000	-230,000	-14,000	-103,000	-321,000	516,000	-1,215,000
Cash flows from financing activities:
Repayments of debt
0	142,000	97,000	0	164,000	26,000	0	1,000	14,000	40,000	28,000	42,000	0	-	-	-	-	0	0	43,000	1,000	72,000	1,000	473,000	569,000	51,000	2,000	1,000	1,000	1,000	486,000	1,000	1,000	51,000	153,000	4,000	1,000	16,000	818,000	215,000	25,000
Proceeds from warrant exercise
0	0	0	0	449,000	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from issuance of common stock, net of issuance costs
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-4,000	2,000	1,000	1,000	0	1,000	1,000	1,000	2,000	0	3,000	9,000	1,000	2,000	6,000	9,000	6,000	2,000	4,000	3,000
Proceeds from issuance of convertible senior notes, net of issuance costs
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	58,000	0	0	491,000	589,000	55,000	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from sales of common stock through employee equity plans
3,000	36,000	3,000	34,000	1,000	26,000	9,000	29,000	6,000	5,000	5,000	2,000	8,000	8,000	10,000	2,000	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from borrowings, net of issuance cost
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	5,000	165,000	-	-	224,000	199,000
Net proceeds from grants
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	3,000	2,000	0	-	-	-	-	-	6,000	3,000	9,000	-	0	3,000	7,000	-	-	-	-
Other
-1,000	-1,000	-4,000	-2,000	0	-	-	-	-	1,000	-3,000	-6,000	-5,000	1,000	-3,000	-1,000	-1,000	-1,000	-1,000	-2,000	2,000	8,000	-4,000	-1,000	-1,000	11,000	-1,000	0	0	-	-	-	-	0	-1,000	-2,000	-2,000	-	-	-	-
Net cash provided by financing activities
2,000	-107,000	-98,000	-38,000	286,000	0	8,000	28,000	-8,000	-34,000	2,000	-4,000	3,000	-156,000	282,000	-3,000	-1,000	3,000	-1,000	-2,000	59,000	6,000	0	20,000	20,000	9,000	2,000	2,000	0	5,000	11,000	4,000	17,000	-40,000	-152,000	8,000	178,000	302,000	-19,000	24,000	177,000
Net decrease in cash, cash equivalents, and restricted cash
-136,000	309,000	193,000	-15,000	-100,000	32,000	95,000	-95,000	-140,000	307,000	122,000	38,000	-542,000	7,000	301,000	241,000	-69,000	30,000	-74,000	152,000	-128,000	165,000	137,000	-51,000	-315,000	326,000	209,000	-107,000	-108,000	-227,000	-239,000	-178,000	324,000	244,000	71,000	-48,000	-4,000	-14,000	-464,000	442,000	-1,015,000
Supplemental cash flow information:
Non-cash investing and financing activities:
Purchases of property and equipment, accrued but not paid
99,000	-55,000	1,000	57,000	62,000	3,000	12,000	-13,000	47,000	-3,000	14,000	28,000	11,000	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Deferred proceeds on sale of receivables
-	-	-	-	-	4,000	-8,000	18,000	11,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Deferred cash on sold receivables
-	-	-	-	-	4,000	-8,000	18,000	11,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Transfer of assets for the acquisition of property and equipment
13,000	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Issuance of treasury stock to partially settle debt
0	0	0	0	7,000	38,000	103,000	0	0	0	0	0	38,000	8,000	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Operating lease right-of-use assets acquired by assuming related liabilities
25,000	-	-	-	3,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other
-	-	-	-	-	-9,000	9,000	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-