| (1) | During the first quarter of 2021, the Company adopted ASU 2019-12, Income Taxes (Topic 740): Simplifying the Accounting for Income Taxes, using the modified retrospective adoption method, which resulted in $8 million of deferred tax liability associated with book-tax differences in a foreign equity method investment recognized in Accumulated deficit. |
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ADVANCED MICRO DEVICES, INC.
SELECTED CASH FLOW INFORMATION (Millions) (Unaudited) | |||||||||||||||
| Three Months Ended | |||||||||||||||
| March 27,
2021 | December 26,
2020 | March 28,
2020 | |||||||||||||
| Net cash provided by (used in) | |||||||||||||||
| Operating activities | $ | 898 | $ | 554 | $ | (65 | ) | ||||||||
| Investing activities | $ | (722 | ) | $ | (294 | ) | $ | (73 | ) | ||||||
| Financing activities | $ | (8 | ) | $ | 35 | $ | 2 | ||||||||
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SELECTED CORPORATE DATA
(Millions) (Unaudited) | |||||||||||||||
| Three Months Ended | |||||||||||||||
| March 27,
2021 | December 26,
2020 | March 28,
2020 | |||||||||||||
| Segment Information | |||||||||||||||
| Computing and Graphics (1) | |||||||||||||||
| Net revenue | $ | 2,100 | $ | 1,960 | $ | 1,438 | |||||||||
| Operating income | $ | 485 | $ | 420 | $ | 262 | |||||||||
| Enterprise, Embedded and Semi-Custom (2) | |||||||||||||||
| Net revenue | $ | 1,345 | $ | 1,284 | $ | 348 | |||||||||
| Operating income (loss) | $ | 277 | $ | 243 | $ | (26 | ) | ||||||||
| All Other (3) | |||||||||||||||
| Net revenue | $ | — | $ | — | $ | — | |||||||||
| Operating loss | $ | (100 | ) | $ | (93 | ) | $ | (59 | ) | ||||||
| Total | |||||||||||||||
| Net revenue | $ | 3,445 | $ | 3,244 | $ | 1,786 | |||||||||
| Operating income | $ | 662 | $ | 570 | $ | 177 | |||||||||
| Other Data | |||||||||||||||
| Capital expenditures | $ | 66 | $ | 74 | $ | 55 | |||||||||
| Adjusted EBITDA (4) | $ | 857 | $ | 753 | $ | 304 | |||||||||
| Cash, cash equivalents and short-term investments | $ | 3,116 | $ | 2,290 | $ | 1,385 | |||||||||
| Free cash flow (5) | $ | 832 | $ | 480 | $ | (120 | ) | ||||||||
| Total assets | $ | 10,047 | $ | 8,962 | $ | 5,864 | |||||||||
| Total debt | $ | 313 | $ | 330 | $ | 488 | |||||||||
