{"id":7579,"date":"2014-01-22T11:40:10","date_gmt":"2014-01-22T10:40:10","guid":{"rendered":"http:\/\/www.planet3dnow.de\/cms\/?p=7579"},"modified":"2014-02-23T01:10:10","modified_gmt":"2014-02-23T00:10:10","slug":"amd-reports-2013-fourth-quarter-and-annual-results","status":"publish","type":"post","link":"https:\/\/www.planet3dnow.de\/cms\/7579-amd-reports-2013-fourth-quarter-and-annual-results\/","title":{"rendered":"<span class=\"caps\">AMD<\/span> Reports 2013 Fourth Quarter and Annual Results"},"content":{"rendered":"<p><b>Stra\u00adte\u00adgic Trans\u00adfor\u00adma\u00adti\u00adon Dro\u00adve Strong Reve\u00adnue Growth and Profitability<\/b><\/p>\n<p><span class=\"caps\">SUNNYVALE<\/span>, <span class=\"caps\">CA<\/span> \u2014 01\/21\/14 \u2014 <a href=\"http:\/\/ctt.marketwire.com\/?release=1083395&amp;id=3810976&amp;type=1&amp;url=http%3a%2f%2fphx.corporate-ir.net%2fphoenix.zhtml%3fc%3d74093%26p%3dirol-IRHome\" rel=\"nofollow\"><span class=\"caps\">AMD<\/span><\/a> (<span class=\"caps\">NYSE<\/span>: <span class=\"caps\">AMD<\/span>)<\/p>\n<p><strong><em><span class=\"caps\">Q4<\/span> 2013 Results<\/em><\/strong><\/p>\n<ul>\n<li><span class=\"caps\">AMD<\/span> reve\u00adnue of $1.59 bil\u00adli\u00adon, increased 9 per\u00adcent sequen\u00adti\u00adal\u00adly and 38 per\u00adcent year-over-year<\/li>\n<li>Gross mar\u00adgin of 35 percent<\/li>\n<li>Ope\u00adra\u00adting inco\u00adme of $135 mil\u00adli\u00adon and non-GAAP<em>(1)<\/em> ope\u00adra\u00adting inco\u00adme of $91 million<\/li>\n<li>Net inco\u00adme of $89 mil\u00adli\u00adon, ear\u00adnings per share of $0.12 and non-GAAP<em>(1)<\/em> net inco\u00adme of $45 mil\u00adli\u00adon, ear\u00adnings per share of $0.06<\/li>\n<\/ul>\n<p><strong><em>2013 Annu\u00adal Results<\/em><\/strong><\/p>\n<ul>\n<li><span class=\"caps\">AMD<\/span> reve\u00adnue of $5.3 bil\u00adli\u00adon, down 2 per\u00adcent year-over-year<\/li>\n<li>Gross mar\u00adgin of 37 percent<\/li>\n<li>Ope\u00adra\u00adting inco\u00adme of $103 million<\/li>\n<li>Net loss of $83 mil\u00adli\u00adon and loss per share of $0.11<\/li>\n<\/ul>\n<p><a href=\"http:\/\/ctt.marketwire.com\/?release=1083395&amp;id=3810979&amp;type=1&amp;url=http%3a%2f%2fphx.corporate-ir.net%2fphoenix.zhtml%3fc%3d74093%26p%3dirol-IRHome\" rel=\"nofollow\"><span class=\"caps\">AMD<\/span><\/a> (<span class=\"caps\">NYSE<\/span>: <span class=\"caps\">AMD<\/span>) today announ\u00adced reve\u00adnue for the fourth quar\u00adter of 2013 of $1.59 bil\u00adli\u00adon, ope\u00adra\u00adting inco\u00adme of $135 mil\u00adli\u00adon and net inco\u00adme of $89 mil\u00adli\u00adon, or $0.12 per share. The com\u00adpa\u00adny repor\u00adted non-GAAP ope\u00adra\u00adting inco\u00adme of $91 mil\u00adli\u00adon and non-GAAP net inco\u00adme of $45 mil\u00adli\u00adon, or $0.06 per&nbsp;share.<\/p>\n<p>For the year ended Decem\u00adber 28, 2013, <span class=\"caps\">AMD<\/span> repor\u00adted reve\u00adnue of $5.3 bil\u00adli\u00adon, ope\u00adra\u00adting inco\u00adme of $103 mil\u00adli\u00adon and a net loss of $83 mil\u00adli\u00adon, or $0.11 per&nbsp;share.<\/p>\n<p><span class=\"dquo\">\u201c<\/span>Strong exe\u00adcu\u00adti\u00adon of our stra\u00adte\u00adgic trans\u00adfor\u00adma\u00adti\u00adon plan dro\u00adve signi\u00adfi\u00adcant reve\u00adnue growth and impro\u00adved pro\u00adfi\u00adta\u00adbi\u00adli\u00adty in the fourth quar\u00adter,\u201d said Rory Read, <span class=\"caps\">AMD<\/span> pre\u00adsi\u00addent and <span class=\"caps\">CEO<\/span>. \u201cThe con\u00adtin\u00adued ramp of our semi-cus\u00adtom SoCs and lea\u00adder\u00adship gra\u00adphics pro\u00adducts resul\u00adted in a 38 per\u00adcent reve\u00adnue increase from the year ago quar\u00adter. Our focus in 2014 is to deli\u00adver reve\u00adnue growth and pro\u00adfi\u00adta\u00adbi\u00adli\u00adty for the full year by lever\u00adaging our dif\u00adfe\u00adren\u00adtia\u00adted <span class=\"caps\">IP<\/span> to dri\u00adve suc\u00adcess in our tar\u00adge\u00adted new mar\u00adkets and core businesses.\u201d<\/p>\n<table>\n<thead>\n<tr>\n<td colspan=\"6\"><strong><em><span class=\"caps\">GAAP<\/span> Finan\u00adcial Results<\/em><\/strong><\/td>\n<\/tr>\n<tr>\n<td><\/td>\n<td><span class=\"caps\">Q4-13<\/span><\/td>\n<td><span class=\"caps\">Q3-13<\/span><\/td>\n<td><span class=\"caps\">Q4-12<\/span><\/td>\n<td>2013<\/td>\n<td>2012<\/td>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td style=\"text-align: left;\">Reve\u00adnue<\/td>\n<td>$1.<span class=\"caps\">59B<\/span><\/td>\n<td>$1.<span class=\"caps\">46B<\/span><\/td>\n<td>$1.<span class=\"caps\">16B<\/span><\/td>\n<td>$5.<span class=\"caps\">30B<\/span><\/td>\n<td>$5.<span class=\"caps\">42B<\/span><\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: left;\">Ope\u00adra\u00adting inco\u00adme (loss)<\/td>\n<td>$<span class=\"caps\">135M<\/span><\/td>\n<td>$<span class=\"caps\">95M<\/span><\/td>\n<td>$(422)M<\/td>\n<td>$<span class=\"caps\">103M<\/span><\/td>\n<td>$(1.06)B<\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: left;\">Net inco\u00adme (loss) \/ Ear\u00adnings (loss) per&nbsp;share<\/td>\n<td>$<span class=\"caps\">89M<\/span>\/$0.12<\/td>\n<td>$<span class=\"caps\">48M<\/span>\/$0.06<\/td>\n<td>$(473)M\/$(0.63)<\/td>\n<td>$(83)M\/$(0.11)<\/td>\n<td>$(1.18)B\/$(1.60)<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<table>\n<thead>\n<tr>\n<td colspan=\"6\"><strong><em>Non-GAAP<\/em><em><em>(1)<\/em><\/em><em> Finan\u00adcial Results<\/em><\/strong><\/td>\n<\/tr>\n<tr>\n<td><\/td>\n<td><span class=\"caps\">Q4-13<\/span><\/td>\n<td><span class=\"caps\">Q3-13<\/span><\/td>\n<td><span class=\"caps\">Q4-12<\/span><\/td>\n<td>2013<\/td>\n<td>2012<\/td>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td style=\"text-align: left;\">Reve\u00adnue<\/td>\n<td>$1.<span class=\"caps\">59B<\/span><\/td>\n<td>$1.<span class=\"caps\">46B<\/span><\/td>\n<td>$1.<span class=\"caps\">16B<\/span><\/td>\n<td>$5.<span class=\"caps\">30B<\/span><\/td>\n<td>$5.<span class=\"caps\">42B<\/span><\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: left;\">Ope\u00adra\u00adting inco\u00adme (loss)<\/td>\n<td>$<span class=\"caps\">91M<\/span><\/td>\n<td>$<span class=\"caps\">78M<\/span><\/td>\n<td>$(55)M<\/td>\n<td>$<span class=\"caps\">103M<\/span><\/td>\n<td>$<span class=\"caps\">45M<\/span><\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: left;\">Net inco\u00adme (loss) \/ Ear\u00adnings (loss) per&nbsp;share<\/td>\n<td>$<span class=\"caps\">45M<\/span>\/$0.06<\/td>\n<td>$<span class=\"caps\">31M<\/span>\/$0.04<\/td>\n<td>$(102)M\/$(0.14)<\/td>\n<td>$(83)M\/$(0.11)<\/td>\n<td>$(114)M\/$(0.16)<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p><strong><em>Quar\u00adter\u00adly Finan\u00adcial Summary<\/em><\/strong><\/p>\n<ul>\n<li>Gross mar\u00adgin was 35 per\u00adcent in <span class=\"caps\">Q4<\/span>&nbsp;2013.&nbsp;<ul>\n<li>Gross mar\u00adgin decreased 1 per\u00adcen\u00adta\u00adge point sequen\u00adti\u00adal\u00adly. <span class=\"caps\">Q4<\/span> 2013 gross mar\u00adgin included a $7 mil\u00adli\u00adon bene\u00adfit from the sale of inven\u00adto\u00adry pre\u00advious\u00adly reser\u00adved in <span class=\"caps\">Q3<\/span> 2012 as com\u00adpared to a simi\u00adlar bene\u00adfit of $19 mil\u00adli\u00adon in <span class=\"caps\">Q3<\/span>&nbsp;2013.<\/li>\n<\/ul>\n<\/li>\n<li>Cash, cash equi\u00adva\u00adlents and mar\u00adke\u00adta\u00adble secu\u00adri\u00adties balan\u00adce, inclu\u00adding long-term mar\u00adke\u00adta\u00adble secu\u00adri\u00adties, was $1.2 bil\u00adli\u00adon at the end of the quar\u00adter, in line with expectations.<\/li>\n<li>Com\u00adpu\u00adting Solu\u00adti\u00adons seg\u00adment reve\u00adnue decreased 9 per\u00adcent sequen\u00adti\u00adal\u00adly and 13 per\u00adcent year-over-year. The sequen\u00adti\u00adal and year-over-year decli\u00adnes were pri\u00adma\u00adri\u00adly due to decreased chip\u00adset and note\u00adbook unit shipments.&nbsp;<ul>\n<li>Ope\u00adra\u00adting loss was $7 mil\u00adli\u00adon, com\u00adpared with ope\u00adra\u00adting inco\u00adme of $22 mil\u00adli\u00adon in <span class=\"caps\">Q3<\/span> 2013, pri\u00adma\u00adri\u00adly due to lower reve\u00adnue and hig\u00adher bonus expen\u00adse. Ope\u00adra\u00adting loss for <span class=\"caps\">Q4<\/span> 2012 was $323 million.<\/li>\n<li>Micro\u00adpro\u00adces\u00adsor Avera\u00adge Sel\u00adling Pri\u00adce (<span class=\"caps\">ASP<\/span>) increased sequen\u00adti\u00adal\u00adly and year-over-year.<\/li>\n<\/ul>\n<\/li>\n<li>Gra\u00adphics and Visu\u00adal Solu\u00adti\u00adons seg\u00adment reve\u00adnue increased 29 per\u00adcent sequen\u00adti\u00adal\u00adly and 165 per\u00adcent year-over-year pri\u00adma\u00adri\u00adly dri\u00adven by our semi-cus\u00adtom&nbsp;SoCs.&nbsp;<ul>\n<li>Ope\u00adra\u00adting inco\u00adme was $121 mil\u00adli\u00adon com\u00adpared with $79 mil\u00adli\u00adon in <span class=\"caps\">Q3<\/span> 2013 and $22 mil\u00adli\u00adon in <span class=\"caps\">Q4<\/span> 2012, pri\u00adma\u00adri\u00adly due to increased reve\u00adnue from our semi-cus\u00adtom&nbsp;SoCs.<\/li>\n<li><span class=\"caps\">GPU<\/span> <span class=\"caps\">ASP<\/span> increased sequen\u00adti\u00adal\u00adly and year-over-year.<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<p><strong><em>Recent High\u00adlights<\/em><\/strong><\/p>\n<ul>\n<li><a href=\"http:\/\/ctt.marketwire.com\/?release=1083395&amp;id=3810982&amp;type=1&amp;url=http%3a%2f%2fwww.xbox.com%2fen-US%2fxbox-one%2finnovation\" rel=\"nofollow\">Micro\u00adsoft<\/a> and <a href=\"http:\/\/ctt.marketwire.com\/?release=1083395&amp;id=3810985&amp;type=1&amp;url=http%3a%2f%2fus.playstation.com%2fps4%2findex.htm\" rel=\"nofollow\">Sony<\/a> laun\u00adched their next-gene\u00adra\u00adti\u00adon gam\u00ading and enter\u00adtain\u00adment con\u00adso\u00adles powered by semi-cus\u00adtom <span class=\"caps\">AMD<\/span> APUs. Com\u00adbi\u00adned, the two con\u00adso\u00adles sold more than <a href=\"http:\/\/ctt.marketwire.com\/?release=1083395&amp;id=3810988&amp;type=1&amp;url=http%3a%2f%2fwww.forbes.com%2fsites%2fdavidthier%2f2014%2f01%2f07%2fps4-dominating-console-market-with-4-2-million-sales%2f\" rel=\"nofollow\">seven mil\u00adli\u00adon units <\/a>in less than two months.<\/li>\n<li><span class=\"caps\">AMD<\/span> began ship\u00adping the next-gene\u00adra\u00adti\u00adon <span class=\"caps\">AMD<\/span> A\u2011series desk\u00adtop <span class=\"caps\">APU<\/span> code\u00adna\u00admed \u201cKaveri,\u201d ushe\u00adring in the next level of gra\u00adphics, com\u00adpu\u00adte and effi\u00adci\u00aden\u00adcy for desk\u00adtops, note\u00adbooks, embedded sys\u00adtems and ser\u00advers. \u201cKaveri\u201d is the first <span class=\"caps\">APU<\/span> to include Hete\u00adro\u00adge\u00adneous Sys\u00adtem Archi\u00adtec\u00adtu\u00adre (<span class=\"caps\">HSA<\/span>) fea\u00adtures, <span class=\"caps\">AMD<\/span> TrueAu\u00addio tech\u00adno\u00adlo\u00adgy and sup\u00adport for <span class=\"caps\">AMD<\/span>\u2019s <a href=\"http:\/\/ctt.marketwire.com\/?release=1083395&amp;id=3810991&amp;type=1&amp;url=http%3a%2f%2fwww.amd.com%2fus%2fproducts%2ftechnologies%2fmantle%2fpages%2fmantle.aspx\" rel=\"nofollow\">Man\u00adt\u00adle<\/a> <span class=\"caps\">API<\/span>.<\/li>\n<li><span class=\"caps\">AMD<\/span> <a href=\"http:\/\/ctt.marketwire.com\/?release=1083395&amp;id=3810994&amp;type=1&amp;url=http%3a%2f%2fwww.amd.com%2fus%2fpress-releases%2fPages%2famd-2014-mobile-apu-2013nov13.aspx\" rel=\"nofollow\">announ\u00adced<\/a> low-power <span class=\"caps\">APU<\/span> offe\u00adrings for 2014 with the addi\u00adti\u00adon of \u201cBee\u00adma\u201d and ultra-low power \u201cMul\u00adlins\u201d mobi\u00adle APUs to its road\u00admap. Rai\u00adsing the per\u00adfor\u00admance bar across fan\u00adless tablets, 2\u2011in-1s and ultrath\u00adin note\u00adbooks, the new APUs deli\u00adver more than 2x the per\u00adfor\u00admance-per-watt of the pre\u00advious gene\u00adra\u00adti\u00adon<em>(2)(3)<\/em>. <span class=\"caps\">AMD<\/span> show\u00adca\u00adsed the inno\u00adva\u00adti\u00adve fea\u00adtures and poten\u00adti\u00adal of both \u201cBee\u00adma\u201d and \u201cMul\u00adlins\u201d at <span class=\"caps\">CES<\/span> 2014 with the company\u2019s <a href=\"http:\/\/ctt.marketwire.com\/?release=1083395&amp;id=3810997&amp;type=1&amp;url=http%3a%2f%2fwww.youtube.com%2fwatch%3fv%3dAAi2sSbY-zM\" rel=\"nofollow\">award-win\u00adning<\/a> <a href=\"http:\/\/ctt.marketwire.com\/?release=1083395&amp;id=3811000&amp;type=1&amp;url=http%3a%2f%2fwww.amd.com%2fus%2finnovation%2fPages%2fconcepts.aspx\" rel=\"nofollow\">Dis\u00adco\u00advery Pro\u00adject<\/a> <span class=\"caps\">PC<\/span> gam\u00ading and pro\u00adduc\u00adti\u00advi\u00adty tablet, as well as the \u201cNano <span class=\"caps\">PC<\/span>,\u201d a full-fea\u00adtured Win\u00addows 8 <span class=\"caps\">PC<\/span> refe\u00adrence design the size of a smartphone.<\/li>\n<li><span class=\"caps\">AMD<\/span> <a href=\"http:\/\/ctt.marketwire.com\/?release=1083395&amp;id=3811003&amp;type=1&amp;url=http%3a%2f%2fwww.amd.com%2fus%2fproducts%2fnotebook%2fgraphics%2fPages%2fnotebook-graphics.aspx\" rel=\"nofollow\">laun\u00adched<\/a> a new fami\u00adly of <a href=\"http:\/\/ctt.marketwire.com\/?release=1083395&amp;id=3811006&amp;type=1&amp;url=http%3a%2f%2fir.amd.com%2fphoenix.zhtml%3fc%3d74093%26p%3dirol-newsArticle%26ID%3d1888397%26highlight%3d\" rel=\"nofollow\">mobi\u00adle dis\u00adcrete <span class=\"caps\">GPU<\/span> pro\u00adducts<\/a>. The <span class=\"caps\">AMD<\/span> Rade\u00adon\u2122 <span class=\"caps\">R9<\/span>, <span class=\"caps\">R7<\/span>, and <span class=\"caps\">R5<\/span> <span class=\"caps\">M200<\/span> Series mobi\u00adle GPUs are powered by the award-win\u00adning Gra\u00adphics Core Next (<span class=\"caps\">GCN<\/span>) archi\u00adtec\u00adtu\u00adre and bols\u00adte\u00adred by the Man\u00adt\u00adle <span class=\"caps\">API<\/span>. Dell, Leno\u00advo, <span class=\"caps\">MSI<\/span>, and Cle\u00advo have announ\u00adced note\u00adbooks fea\u00adturing the new&nbsp;GPUs.<\/li>\n<li><span class=\"caps\">AMD<\/span> Fire\u00adPro\u2122 pro\u00adfes\u00adsio\u00adnal gra\u00adphics con\u00adtin\u00adued to gain momen\u00adtum, with Apple laun\u00adching its new Mac Pro, fea\u00adturing <a href=\"http:\/\/ctt.marketwire.com\/?release=1083395&amp;id=3811009&amp;type=1&amp;url=http%3a%2f%2fwww.amd.com%2fus%2fpress-releases%2fPages%2fnew-amd-firepro-2013dec23.aspx\" rel=\"nofollow\">dual <span class=\"caps\">AMD<\/span> Fire\u00adPro\u2122 pro\u00adfes\u00adsio\u00adnal gra\u00adphics<\/a> solu\u00adti\u00adons (GPUs.) <span class=\"caps\">AMD<\/span> also announ\u00adced the new <a href=\"http:\/\/ctt.marketwire.com\/?release=1083395&amp;id=3811012&amp;type=1&amp;url=http%3a%2f%2fir.amd.com%2fphoenix.zhtml%3fc%3d74093%26p%3dirol-newsArticle%26ID%3d1876312%26highlight%3d\" rel=\"nofollow\"><span class=\"caps\">AMD<\/span> Fire\u00adPro\u2122 <span class=\"caps\">S10000<\/span> <span class=\"caps\">12GB<\/span> Edi\u00adti\u00adon gra\u00adphics card<\/a>, the industry\u2019s first \u201csuper\u00adcom\u00adpu\u00adting\u201d ser\u00adver gra\u00adphics card with <span class=\"caps\">12GB<\/span> memo\u00adry, spe\u00adci\u00adfi\u00adcal\u00adly desi\u00adgned for big data, high-per\u00adfor\u00admance hete\u00adro\u00adge\u00adneous com\u00adpu\u00adte workloads for sin\u00adgle pre\u00adcis\u00adi\u00adon and dou\u00adble pre\u00adcis\u00adi\u00adon performance.<\/li>\n<li><span class=\"caps\">AMD<\/span> was award\u00aded a mul\u00adti-year rese\u00adarch pro\u00adject asso\u00adcia\u00adted with the <a href=\"http:\/\/ctt.marketwire.com\/?release=1083395&amp;id=3811015&amp;type=1&amp;url=http%3a%2f%2fenergy.gov%2f\" rel=\"nofollow\">U.S. Depart\u00adment of Ener\u00adgy<\/a> (<span class=\"caps\">DOE<\/span>) Extre\u00adme-Sca\u00adle Com\u00adpu\u00adting Rese\u00adarch and Deve\u00adlo\u00adp\u00adment Pro\u00adgram, known as \u201cDesign\u00adFor\u00adward.\u201d The \u201cDesign\u00adFor\u00adward\u201d award sup\u00adports the rese\u00adarch of the inter\u00adcon\u00adnect archi\u00adtec\u00adtures and tech\u00adno\u00adlo\u00adgies nee\u00added to sup\u00adport the data trans\u00adfer capa\u00adbi\u00adli\u00adties in extre\u00adme-sca\u00adle com\u00adpu\u00adting <a href=\"http:\/\/ctt.marketwire.com\/?release=1083395&amp;id=3811018&amp;type=1&amp;url=http%3a%2f%2fir.amd.com%2fphoenix.zhtml%3fc%3d74093%26p%3dirol-newsArticle%26ID%3d1878150%26highlight%3d\" rel=\"nofollow\">envi\u00adron\u00adments<\/a>.<\/li>\n<\/ul>\n<p><strong><em>Cur\u00adrent Outlook<\/em><\/strong><\/p>\n<p><span class=\"caps\">AMD<\/span>\u2019s out\u00adlook state\u00adments are based on cur\u00adrent expec\u00adta\u00adti\u00adons. The fol\u00adlo\u00adwing state\u00adments are for\u00adward-loo\u00adking, and actu\u00adal results could dif\u00adfer mate\u00adri\u00adal\u00adly depen\u00adding on mar\u00adket con\u00addi\u00adti\u00adons and the fac\u00adtors set forth under \u201cCau\u00adtio\u00adna\u00adry State\u00adment\u201d&nbsp;below.<\/p>\n<p>For the first quar\u00adter of 2014, <span class=\"caps\">AMD<\/span> expects reve\u00adnue to decrease 16 per\u00adcent, plus or minus 3 per\u00adcent, sequentially.<\/p>\n<p>For addi\u00adtio\u00adnal details regar\u00adding <span class=\"caps\">AMD<\/span>\u2019s results and out\u00adlook plea\u00adse see the <span class=\"caps\">CFO<\/span> com\u00admen\u00adta\u00adry pos\u00adted at <a href=\"http:\/\/ctt.marketwire.com\/?release=1083395&amp;id=3811021&amp;type=1&amp;url=http%3a%2f%2fquarterlyearnings.amd.com%2f\" rel=\"nofollow\">quarterlyearnings.amd.com<\/a>.<\/p>\n<p><strong><em><span class=\"caps\">AMD<\/span> Tele\u00adcon\u00adfe\u00adrence<\/em><\/strong><\/p>\n<p><span class=\"caps\">AMD<\/span> will hold a con\u00adfe\u00adrence call for the finan\u00adcial com\u00admu\u00adni\u00adty at 2:30 p.m. <span class=\"caps\">PT<\/span> (5:30 p.m. <span class=\"caps\">ET<\/span>) today to dis\u00adcuss its fourth quar\u00adter and annu\u00adal finan\u00adcial results. <span class=\"caps\">AMD<\/span> will pro\u00advi\u00adde a real-time audio broad\u00adcast of the tele\u00adcon\u00adfe\u00adrence on the <a href=\"http:\/\/ctt.marketwire.com\/?release=1083395&amp;id=3811024&amp;type=1&amp;url=http%3a%2f%2fphx.corporate-ir.net%2fphoenix.zhtml%3fc%3d74093%26p%3dirol-irhome\" rel=\"nofollow\">Inves\u00adtor Rela\u00adti\u00adons<\/a> page of its web\u00adsite at <a href=\"http:\/\/ctt.marketwire.com\/?release=1083395&amp;id=3811027&amp;type=1&amp;url=http%3a%2f%2fwww.amd.com%2fus%2fPages%2fAMDHomePage.aspx\" rel=\"nofollow\">www.amd.com<\/a>. The web\u00adcast will be available for 12 months after the con\u00adfe\u00adrence&nbsp;call.<\/p>\n<table>\n<caption>(Mil\u00adli\u00adons except percentages)<\/caption>\n<thead>\n<tr>\n<td colspan=\"6\"><em>Recon\u00adci\u00adlia\u00adti\u00adon of <span class=\"caps\">GAAP<\/span> to Non-GAAP Gross Mar\u00adgin<em>(1)<\/em><\/em><\/td>\n<\/tr>\n<tr>\n<td><\/td>\n<td><em><span class=\"caps\">Q4-13<\/span><\/em><\/td>\n<td><em><span class=\"caps\">Q3-13<\/span><\/em><\/td>\n<td><em><span class=\"caps\">Q4-12<\/span><\/em><\/td>\n<td><em>2013<\/em><\/td>\n<td><em>2012<\/em><\/td>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td style=\"text-align: left;\"><em><span class=\"caps\">GAAP<\/span> Gross Margin<\/em><\/td>\n<td><em>$553<\/em><\/td>\n<td><em>$521<\/em><\/td>\n<td><em>$178<\/em><\/td>\n<td><em>$1,978<\/em><\/td>\n<td><em>$1,235<\/em><\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: left;\"><em><span class=\"caps\">GAAP<\/span> Gross Margin&nbsp;%<\/em><\/td>\n<td><em>35%<\/em><\/td>\n<td><em>36%<\/em><\/td>\n<td><em>15%<\/em><\/td>\n<td><em>37%<\/em><\/td>\n<td><em>23%<\/em><\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: left; padding-left: 20px;\">Lower of cost or mar\u00adket char\u00adge rela\u00adted to <span class=\"caps\">GF<\/span> take-or-pay obligation<\/td>\n<td>-<\/td>\n<td>-<\/td>\n<td>273<\/td>\n<td>-<\/td>\n<td>273<\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: left; padding-left: 20px;\">Limi\u00adt\u00aded wai\u00adver of exclu\u00adsi\u00advi\u00adty from&nbsp;<span class=\"caps\">GF<\/span><\/td>\n<td>-<\/td>\n<td>-<\/td>\n<td>-<\/td>\n<td>-<\/td>\n<td>703<\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: left; padding-left: 20px;\">Legal sett\u00adle\u00adments, net<\/td>\n<td>-<\/td>\n<td>-<\/td>\n<td>-<\/td>\n<td>-<\/td>\n<td>5<\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: left;\"><em>Non-GAAP Gross Margin<\/em><\/td>\n<td><em>$553<\/em><\/td>\n<td><em>$521<\/em><\/td>\n<td><em>$451<\/em><\/td>\n<td><em>$1,978<\/em><\/td>\n<td><em>$2,216<\/em><\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: left;\"><em>Non-GAAP Gross Margin&nbsp;%<\/em><\/td>\n<td><em>35%<\/em><\/td>\n<td><em>36%<\/em><\/td>\n<td><em>39%<\/em><\/td>\n<td><em>37%<\/em><\/td>\n<td><em>41%<\/em><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<table>\n<caption>(Mil\u00adli\u00adons)<\/caption>\n<thead>\n<tr>\n<td colspan=\"6\"><em>Recon\u00adci\u00adlia\u00adti\u00adon of <span class=\"caps\">GAAP<\/span> to Non-GAAP<em>(1) Ope\u00adra\u00adting Inco\u00adme (Loss)<\/em><\/em><\/td>\n<\/tr>\n<tr>\n<td><\/td>\n<td><em><span class=\"caps\">Q4-13<\/span><\/em><\/td>\n<td><em><span class=\"caps\">Q3-13<\/span><\/em><\/td>\n<td><em><span class=\"caps\">Q4-12<\/span><\/em><\/td>\n<td><em>2013<\/em><\/td>\n<td><em>2012<\/em><\/td>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td style=\"text-align: left;\"><em><span class=\"caps\">GAAP<\/span> ope\u00adra\u00adting inco\u00adme (loss)<\/em><\/td>\n<td><em>$135<\/em><\/td>\n<td><em>$95<\/em><\/td>\n<td><em>$(422)<\/em><\/td>\n<td><em>$103<\/em><\/td>\n<td><em>$(1,056)<\/em><\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: left; padding-left: 20px;\">Amor\u00adtiza\u00adti\u00adon of acqui\u00adred intan\u00adgi\u00adble assets<\/td>\n<td>4<\/td>\n<td>5<\/td>\n<td>4<\/td>\n<td>18<\/td>\n<td>14<\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: left; padding-left: 20px;\">Res\u00adtruc\u00adtu\u00adring and other spe\u00adcial char\u00adges (gains), net<\/td>\n<td>-<\/td>\n<td>(22)<\/td>\n<td>90<\/td>\n<td>30<\/td>\n<td>100<\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: left; padding-left: 20px;\">Legal sett\u00adle\u00adments, net<\/td>\n<td>(48)<\/td>\n<td>-<\/td>\n<td>-<\/td>\n<td>(48)<\/td>\n<td>5<\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: left; padding-left: 20px;\">Limi\u00adt\u00aded wai\u00adver of exclu\u00adsi\u00advi\u00adty from&nbsp;<span class=\"caps\">GF<\/span><\/td>\n<td>-<\/td>\n<td>-<\/td>\n<td>-<\/td>\n<td>-<\/td>\n<td>703<\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: left; padding-left: 20px;\">Lower of cost or mar\u00adket char\u00adge rela\u00adted to <span class=\"caps\">GF<\/span> take-or-pay obligation<\/td>\n<td>-<\/td>\n<td>-<\/td>\n<td>273<\/td>\n<td>-<\/td>\n<td>273<\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: left; padding-left: 20px;\">Sea\u00adMi\u00adcro acquis\u00adti\u00adon&nbsp;costs<\/td>\n<td>-<\/td>\n<td>-<\/td>\n<td>-<\/td>\n<td>-<\/td>\n<td>6<\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: left;\"><em>Non-GAAP ope\u00adra\u00adting inco\u00adme (loss)<\/em><\/td>\n<td><em>$91<\/em><\/td>\n<td><em>$78<\/em><\/td>\n<td><em>$(55)<\/em><\/td>\n<td><em>$103<\/em><\/td>\n<td><em>$45<\/em><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<table>\n<caption>(Mil\u00adli\u00adons except per share amounts)<\/caption>\n<thead>\n<tr>\n<td colspan=\"12\"><em>Recon\u00adci\u00adlia\u00adti\u00adon of <span class=\"caps\">GAAP<\/span> to Non-GAAP Net Inco\u00adme (Loss)<\/em><\/td>\n<\/tr>\n<tr>\n<td colspan=\"2\"><\/td>\n<td colspan=\"2\">&nbsp;<em><span class=\"caps\">Q4-13<\/span><\/em><\/td>\n<td colspan=\"2\">&nbsp;<em><span class=\"caps\">Q3-13<\/span><\/em><\/td>\n<td colspan=\"2\">&nbsp;<em><span class=\"caps\">Q4-12<\/span><\/em><\/td>\n<td colspan=\"2\">&nbsp;<em>2013<\/em><\/td>\n<td colspan=\"2\">&nbsp;<em>2012<\/em><\/td>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td style=\"text-align: left;\"><em><span class=\"caps\">GAAP<\/span> net inco\u00adme (loss) \/ Ear\u00adnings (loss) per&nbsp;share<\/em><\/td>\n<td><em>$89<\/em><\/td>\n<td><em>$0.12<\/em><\/td>\n<td><em>$48<\/em><\/td>\n<td><em>$0.06<\/em><\/td>\n<td><em>$(473)<\/em><\/td>\n<td><em>$(0.63)<\/em><\/td>\n<td><em>$(83)<\/em><\/td>\n<td><em>$(0.11)<\/em><\/td>\n<td><em>$(1,183)<\/em><\/td>\n<td><em>$(1.60)<\/em><\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: left; padding-left: 20px;\">Amor\u00adtiza\u00adti\u00adon of acqui\u00adred intan\u00adgi\u00adble assets<\/td>\n<td>4<\/td>\n<td>-<\/td>\n<td>5<\/td>\n<td>0.01<\/td>\n<td>4<\/td>\n<td>0.01<\/td>\n<td>18<\/td>\n<td>0.02<\/td>\n<td>14<\/td>\n<td>0.02<\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: left; padding-left: 20px;\">Res\u00adtruc\u00adtu\u00adring and other spe\u00adcial char\u00adges (gains), net<\/td>\n<td>-<\/td>\n<td>-<\/td>\n<td>(22)<\/td>\n<td>(0.03)<\/td>\n<td>90<\/td>\n<td>0.12<\/td>\n<td>30<\/td>\n<td>0.04<\/td>\n<td>100<\/td>\n<td>0.14<\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: left; padding-left: 20px;\">Legal sett\u00adle\u00adments, net<\/td>\n<td>(48)<\/td>\n<td>(0.06)<\/td>\n<td>-<\/td>\n<td>-<\/td>\n<td>-<\/td>\n<td>-<\/td>\n<td>(48)<\/td>\n<td>(0.06)<\/td>\n<td>5<\/td>\n<td>0.01<\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: left; padding-left: 20px;\">Limi\u00adt\u00aded wai\u00adver of exclu\u00adsi\u00advi\u00adty from&nbsp;<span class=\"caps\">GF<\/span><\/td>\n<td>-<\/td>\n<td>-<\/td>\n<td>-<\/td>\n<td>-<\/td>\n<td>-<\/td>\n<td>-<\/td>\n<td>-<\/td>\n<td>-<\/td>\n<td>703<\/td>\n<td>0.95<\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: left; padding-left: 20px;\">Lower of cost or mar\u00adket char\u00adge rela\u00adted to <span class=\"caps\">GF<\/span> take-or-pay obligation<\/td>\n<td>-<\/td>\n<td>-<\/td>\n<td><\/td>\n<td><\/td>\n<td>273<\/td>\n<td>0.37<\/td>\n<td>-<\/td>\n<td>-<\/td>\n<td>273<\/td>\n<td>0.37<\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: left; padding-left: 20px;\">Sea\u00adMi\u00adcro acquis\u00adti\u00adon&nbsp;costs<\/td>\n<td>-<\/td>\n<td>-<\/td>\n<td>-<\/td>\n<td>-<\/td>\n<td>-<\/td>\n<td>-<\/td>\n<td>-<\/td>\n<td>-<\/td>\n<td>6<\/td>\n<td>0.01<\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: left; padding-left: 20px;\">Tax bene\u00adfit rela\u00adted to Sea\u00adMi\u00adcro acquisition<\/td>\n<td>-<\/td>\n<td>-<\/td>\n<td>-<\/td>\n<td>-<\/td>\n<td>-<\/td>\n<td>-<\/td>\n<td>-<\/td>\n<td>-<\/td>\n<td>(36)<\/td>\n<td>(0.05)<\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: left; padding-left: 20px;\">Impair\u00adment char\u00adge on cer\u00adtain mar\u00adke\u00adta\u00adble securities<\/td>\n<td>-<\/td>\n<td>-<\/td>\n<td>-<\/td>\n<td>-<\/td>\n<td>4<\/td>\n<td>-<\/td>\n<td>-<\/td>\n<td>-<\/td>\n<td>4<\/td>\n<td>0.01<\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: left;\"><em>Non-GAAP net inco\u00adme (loss) \/ Ear\u00adnings (loss) per&nbsp;share<\/em><\/td>\n<td><em>$45<\/em><\/td>\n<td><em>$0.06<\/em><\/td>\n<td><em>$31<\/em><\/td>\n<td><em>$0.04<\/em><\/td>\n<td><em>$(102)<\/em><\/td>\n<td><em>$(0.14)<\/em><\/td>\n<td><em>$(83)<\/em><\/td>\n<td><em>$(0.11)<\/em><\/td>\n<td><em>$(114)<\/em><\/td>\n<td><em>$(0.16)<\/em><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p><em>About <span class=\"caps\">AMD<\/span><br>\n<\/em><span class=\"caps\">AMD<\/span> (<span class=\"caps\">NYSE<\/span>: <span class=\"caps\">AMD<\/span>) designs and inte\u00adgra\u00adtes tech\u00adno\u00adlo\u00adgy that powers mil\u00adli\u00adons of intel\u00adli\u00adgent devices, inclu\u00adding per\u00adso\u00adnal com\u00adpu\u00adters, tablets, game con\u00adso\u00adles and cloud ser\u00advers that defi\u00adne the new era of sur\u00adround com\u00adpu\u00adting. <span class=\"caps\">AMD<\/span> solu\u00adti\u00adons enable peo\u00adp\u00adle ever\u00ady\u00adwhe\u00adre to rea\u00adli\u00adze the full poten\u00adti\u00adal of their favo\u00adri\u00adte devices and appli\u00adca\u00adti\u00adons to push the boun\u00adda\u00adries of what is pos\u00adsi\u00adble. For more infor\u00adma\u00adti\u00adon, visit <a href=\"http:\/\/ctt.marketwire.com\/?release=1083395&amp;id=3811030&amp;type=1&amp;url=http%3a%2f%2fwww.amd.com%2f\" rel=\"nofollow\">www.amd.com<\/a>.<\/p>\n<p><em>Cau\u00adtio\u00adna\u00adry Statement<br>\n<\/em>This docu\u00adment con\u00adta\u00adins for\u00adward-loo\u00adking state\u00adments con\u00adcer\u00adning <span class=\"caps\">AMD<\/span>, its first quar\u00adter of 2014 reve\u00adnue, <span class=\"caps\">AMD<\/span>\u2019s long-term stra\u00adtegy, <span class=\"caps\">AMD<\/span>\u2019s abili\u00adty to diver\u00adsi\u00adfy its busi\u00adness, and <span class=\"caps\">AMD<\/span>\u2019s abili\u00adty to levera\u00adge its <span class=\"caps\">IP<\/span> in its core busi\u00adness and tar\u00adge\u00adted growth are\u00adas; which are made pur\u00adsu\u00adant to the safe har\u00adbor pro\u00advi\u00adsi\u00adons of the Pri\u00adva\u00adte Secu\u00adri\u00adties Liti\u00adga\u00adti\u00adon Reform Act of 1995. For\u00adward-loo\u00adking state\u00adments are com\u00admon\u00adly iden\u00adti\u00adfied by words such as \u201cwould,\u201d \u201cmay,\u201d \u201cexpects,\u201d \u201cbelie\u00adves,\u201d \u201cplans,\u201d \u201cintends,\u201d \u201cpro\u00adjects,\u201d and other terms with simi\u00adlar mea\u00adning. Inves\u00adtors are cau\u00adtio\u00adned that the for\u00adward-loo\u00adking state\u00adments in this pre\u00adsen\u00adta\u00adti\u00adon are based on cur\u00adrent beliefs, assump\u00adti\u00adons and expec\u00adta\u00adti\u00adons, speak only as of the date of this pre\u00adsen\u00adta\u00adti\u00adon and invol\u00adve risks and uncer\u00adtain\u00adties that could cau\u00adse actu\u00adal results to dif\u00adfer mate\u00adri\u00adal\u00adly from cur\u00adrent expec\u00adta\u00adti\u00adons. Risks include the pos\u00adsi\u00adbi\u00adli\u00adty that that Intel Corporation\u2019s pri\u00adcing, mar\u00adke\u00adting and reba\u00adting pro\u00adgrams, pro\u00adduct bund\u00adling, stan\u00addard set\u00adting, new pro\u00adduct intro\u00adduc\u00adtions or other acti\u00advi\u00adties may nega\u00adtively impact the Company\u2019s plans; that the Com\u00adpa\u00adny will requi\u00adre addi\u00adtio\u00adnal fun\u00adding and may be unable to rai\u00adse suf\u00adfi\u00adci\u00adent capi\u00adtal on favorable terms, or at all; that cus\u00adto\u00admers stop buy\u00ading the Company\u2019s pro\u00adducts or mate\u00adri\u00adal\u00adly redu\u00adce their ope\u00adra\u00adti\u00adons or demand for its pro\u00adducts; that the Com\u00adpa\u00adny may be unable to deve\u00adlop, launch and ramp new pro\u00adducts and tech\u00adno\u00adlo\u00adgies in the volu\u00admes that are requi\u00adred by the mar\u00adket at matu\u00adre yields on a time\u00adly basis; that the Company\u2019s third-par\u00adty foundry sup\u00adpli\u00aders will be unable to tran\u00adsi\u00adti\u00adon the Company\u2019s pro\u00adducts to advan\u00adced manu\u00adfac\u00adtu\u00adring pro\u00adcess tech\u00adno\u00adlo\u00adgies in a time\u00adly and effec\u00adti\u00adve way or to manu\u00adfac\u00adtu\u00adre the Company\u2019s pro\u00adducts on a time\u00adly basis in suf\u00adfi\u00adci\u00adent quan\u00adti\u00adties and using com\u00adpe\u00adti\u00adti\u00adve pro\u00adcess tech\u00adno\u00adlo\u00adgies; that the Com\u00adpa\u00adny will be unable to obtain suf\u00adfi\u00adci\u00adent manu\u00adfac\u00adtu\u00adring capa\u00adci\u00adty or com\u00adpon\u00adents to meet demand for its pro\u00adducts or will not ful\u00adly uti\u00adli\u00adze the Company\u2019s pro\u00adjec\u00adted manu\u00adfac\u00adtu\u00adring capa\u00adci\u00adty needs at <span class=\"caps\">GLOBALFOUNDRIES<\/span> Inc. (<span class=\"caps\">GF<\/span>) micro\u00adpro\u00adces\u00adsor manu\u00adfac\u00adtu\u00adring faci\u00adli\u00adties; that the Company\u2019s requi\u00adre\u00adments for wafers will be less than the fixed num\u00adber of wafers that we agreed to purcha\u00adse from <span class=\"caps\">GF<\/span> or <span class=\"caps\">GF<\/span> encoun\u00adters pro\u00adblems that signi\u00adfi\u00adcant\u00adly redu\u00adce the num\u00adber of func\u00adtion\u00adal die the Com\u00adpa\u00adny recei\u00adves from each wafer; that the Com\u00adpa\u00adny is unable to suc\u00adcessful\u00adly imple\u00adment its long-term busi\u00adness stra\u00adtegy; that the Com\u00adpa\u00adny inac\u00adcu\u00adra\u00adte\u00adly esti\u00adma\u00adtes the quan\u00adti\u00adty or type of pro\u00adducts that its cus\u00adto\u00admers will want in the future or will ulti\u00adm\u00adate\u00adly end up purcha\u00adsing, resul\u00adting in excess or obso\u00adle\u00adte inven\u00adto\u00adry; that the Com\u00adpa\u00adny is unable to mana\u00adge the risks rela\u00adted to the use of its third-par\u00adty dis\u00adtri\u00adbu\u00adtors and add-in-board (<span class=\"caps\">AIB<\/span>) part\u00adners or offer the appro\u00adpria\u00adte incen\u00adti\u00adves to focus them on the sale of the Company\u2019s pro\u00adducts; that the Com\u00adpa\u00adny may be unable to main\u00adtain the level of invest\u00adment in rese\u00adarch and deve\u00adlo\u00adp\u00adment that is requi\u00adred to remain com\u00adpe\u00adti\u00adti\u00adve; that the\u00adre may be unex\u00adpec\u00adted varia\u00adti\u00adons in mar\u00adket growth and demand for the Company\u2019s pro\u00adducts and tech\u00adno\u00adlo\u00adgies in light of the pro\u00adduct mix that it may have available at any par\u00adti\u00adcu\u00adlar time; that glo\u00adbal busi\u00adness and eco\u00adno\u00admic con\u00addi\u00adti\u00adons, inclu\u00adding con\u00adsu\u00admer <span class=\"caps\">PC<\/span> mar\u00adket con\u00addi\u00adti\u00adons, will not impro\u00adve or will wor\u00adsen; and the effect of poli\u00adti\u00adcal or eco\u00adno\u00admic insta\u00adbi\u00adli\u00adty, dome\u00adsti\u00adcal\u00adly or inter\u00adna\u00adtio\u00adnal\u00adly, on the Company\u2019s sales or sup\u00adp\u00adly chain. Inves\u00adtors are urged to review in detail the risks and uncer\u00adtain\u00adties in the Company\u2019s Secu\u00adri\u00adties and Exch\u00adan\u00adge Com\u00admis\u00adsi\u00adon filings, inclu\u00adding but not limi\u00adt\u00aded to the Quar\u00adter\u00adly Report on Form 10\u2011Q for the quar\u00adter ended Sep\u00adtem\u00adber 28,&nbsp;2013.<\/p>\n<p><em><em><span class=\"caps\">AMD<\/span>, the <span class=\"caps\">AMD<\/span> Arrow logo, <span class=\"caps\">AMD<\/span> Opte\u00adron, <span class=\"caps\">AMD<\/span> Rade\u00adon and com\u00adbi\u00adna\u00adti\u00adons the\u00adreof, are trade\u00admarks of Advan\u00adced Micro Devices, Inc. Other names are for infor\u00adma\u00adtio\u00adnal pur\u00adpo\u00adses only and used to iden\u00adti\u00adfy com\u00adpa\u00adnies and pro\u00adducts and may be trade\u00admarks of their respec\u00adti\u00adve&nbsp;owner.<\/em><\/em><\/p>\n<table>\n<tbody>\n<tr>\n<td>(1)<\/td>\n<td>In this press release, in addi\u00adti\u00adon to <span class=\"caps\">GAAP<\/span> finan\u00adcial results, the com\u00adpa\u00adny has pro\u00advi\u00added non-GAAP finan\u00adcial mea\u00adsu\u00adres inclu\u00adding non-GAAP gross mar\u00adgin, non-GAAP ope\u00adra\u00adting inco\u00adme (loss), non-GAAP net inco\u00adme (loss) and non-GAAP ear\u00adnings (loss) per share. The\u00adse non-GAAP finan\u00adcial mea\u00adsu\u00adres reflect cer\u00adtain adjus\u00adt\u00adments as pre\u00adsen\u00adted in the tables in this press release. The com\u00adpa\u00adny also pro\u00advi\u00added Adjus\u00adted <span class=\"caps\">EBITDA<\/span> and non-GAAP free cash flow as sup\u00adple\u00admen\u00adtal mea\u00adsu\u00adres of its per\u00adfor\u00admance. The\u00adse items are defi\u00adned in the foot\u00adno\u00adtes to the sel\u00adec\u00adted cor\u00adpo\u00adra\u00adte data tables pro\u00advi\u00added at the end of this press release. The com\u00adpa\u00adny is pro\u00advi\u00adding the\u00adse finan\u00adcial mea\u00adsu\u00adres becau\u00adse it belie\u00adves this non-GAAP pre\u00adsen\u00adta\u00adti\u00adon makes it easier for inves\u00adtors to compa\u00adre its ope\u00adra\u00adting results for cur\u00adrent and his\u00adto\u00adri\u00adcal peri\u00adods and also becau\u00adse the Com\u00adpa\u00adny belie\u00adves it assists inves\u00adtors in com\u00adpa\u00adring the company\u2019s per\u00adfor\u00admance across report\u00ading peri\u00adods on a con\u00adsis\u00adtent basis by exclu\u00adding items that it does not belie\u00adve are indi\u00adca\u00adti\u00adve of its core ope\u00adra\u00adting per\u00adfor\u00admance and for the other reasons descri\u00adbed in the foot\u00adno\u00adtes to the sel\u00adec\u00adted data tables. Refer to cor\u00adre\u00adspon\u00adding tables at the end of this press release for addi\u00adtio\u00adnal <span class=\"caps\">AMD<\/span>&nbsp;data.<\/td>\n<\/tr>\n<tr>\n<td>(2)<\/td>\n<td>The new 2014 <span class=\"caps\">AMD<\/span> A\u2011Series low power <span class=\"caps\">APU<\/span> plat\u00adform, code\u00adna\u00admed \u201cMul\u00adlins,\u201d is expec\u00adted to deli\u00adver up to 139 per\u00adcent bet\u00adter pro\u00adduc\u00adti\u00advi\u00adty per\u00adfor\u00admance per watt when com\u00adpared to the pre\u00advious gene\u00adra\u00adti\u00adon \u201cTemash\u201d plat\u00adform. Test\u00ading con\u00adduc\u00adted by <span class=\"caps\">AMD<\/span> Per\u00adfor\u00admance Labs on opti\u00admi\u00adzed <span class=\"caps\">AMD<\/span> refe\u00adrence sys\u00adtems. <span class=\"caps\">PC<\/span> manu\u00adfac\u00adtu\u00adr\u00aders may vary con\u00adfi\u00adgu\u00adra\u00adti\u00adon yiel\u00adding dif\u00adfe\u00adrent results. PCMark 8 \u2014 Home score divi\u00added by <span class=\"caps\">TDP<\/span> (W) is used to simu\u00adla\u00adte pro\u00adduc\u00adti\u00advi\u00adty per\u00adfor\u00admance per watt; the Mul\u00adlins plat\u00adform (4.<span class=\"caps\">5W<\/span>) scored 1809 while the \u201cTemash\u201d plat\u00adform (<span class=\"caps\">8W<\/span>) scored 1343. <span class=\"caps\">AMD<\/span> \u201cLar\u00adne\u201d refe\u00adrence plat\u00adform sys\u00adtem used for both APUs. \u201cTemash\u201d-based <span class=\"caps\">AMD<\/span> <span class=\"caps\">A6-1450<\/span> quad-core <span class=\"caps\">APU<\/span> with <span class=\"caps\">AMD<\/span> Rade\u00adon\u2122 <span class=\"caps\">HD<\/span> 8250 Gra\u00adphics, 2x2GB of DDR3-1333MHz <span class=\"caps\">RAM<\/span> (run\u00adning at 1066MHz,) Win\u00addows 8.1, 13.200.11.0 \u2014 03-Sep-2013 dri\u00adver. Pre-pro\u00adduc\u00adtion engi\u00adnee\u00adring sam\u00adple of \u201cMul\u00adlins\u201d quad-core <span class=\"caps\">APU<\/span> with next gene\u00adra\u00adti\u00adon <span class=\"caps\">AMD<\/span> Rade\u00adon gra\u00adphics (model num\u00adber <span class=\"caps\">TBD<\/span>), 2x2GB DDR3-1333MHz <span class=\"caps\">RAM<\/span>, Win\u00addows 8.1, and unre\u00adleased refe\u00adrence dri\u00adver. <span class=\"caps\">MUN<\/span>\u20113<\/td>\n<\/tr>\n<tr>\n<td>(3)<\/td>\n<td>The new 2014 <span class=\"caps\">AMD<\/span> A\u2011Series main\u00adstream <span class=\"caps\">APU<\/span> plat\u00adform, code\u00adna\u00admed \u201cBee\u00adma,\u201d is expec\u00adted to deli\u00adver up to 104 per\u00adcent bet\u00adter pro\u00adduc\u00adti\u00advi\u00adty per\u00adfor\u00admance-per-watt when com\u00adpared to the pre\u00advious gene\u00adra\u00adti\u00adon \u201cKabi\u00adni\u201d plat\u00adform. Test\u00ading con\u00adduc\u00adted by <span class=\"caps\">AMD<\/span> Per\u00adfor\u00admance Labs on opti\u00admi\u00adzed <span class=\"caps\">AMD<\/span> refe\u00adrence sys\u00adtems. <span class=\"caps\">PC<\/span> manu\u00adfac\u00adtu\u00adr\u00aders may vary con\u00adfi\u00adgu\u00adra\u00adti\u00adon yiel\u00adding dif\u00adfe\u00adrent results. PCMark 8 \u2014 Home score divi\u00added by <span class=\"caps\">TDP<\/span> (W) is used to simu\u00adla\u00adte pro\u00adduc\u00adti\u00advi\u00adty per\u00adfor\u00admance per watt; the \u201cBee\u00adma\u201d plat\u00adform (<span class=\"caps\">15W<\/span>) scored 2312 while the \u201cKabi\u00adni\u201d plat\u00adform (<span class=\"caps\">25W<\/span>) scored 1861. <span class=\"caps\">AMD<\/span> \u201cLar\u00adne\u201d refe\u00adrence plat\u00adform sys\u00adtem used for both APUs. \u201cKabini\u201d-based <span class=\"caps\">AMD<\/span> <span class=\"caps\">A6-5200<\/span> quad-core <span class=\"caps\">APU<\/span> with <span class=\"caps\">AMD<\/span> Rade\u00adon\u2122 <span class=\"caps\">HD<\/span> 8400 Gra\u00adphics, 2x2GB of DDR3-1600MHz <span class=\"caps\">RAM<\/span>, Win\u00addows 8.1, 13.200.11.0 \u2014 03-Sep-2013 dri\u00adver. Pre-pro\u00adduc\u00adtion engi\u00adnee\u00adring sam\u00adple of \u201cBee\u00adma\u201d quad-core <span class=\"caps\">APU<\/span> with next gene\u00adra\u00adti\u00adon <span class=\"caps\">AMD<\/span> Rade\u00adon gra\u00adphics (model num\u00adber <span class=\"caps\">TBD<\/span>), 2x2GB DDR3-1600MHz <span class=\"caps\">RAM<\/span>, Win\u00addows 8.1, and unre\u00adleased refe\u00adrence dri\u00adver. <span class=\"caps\">BMN<\/span>\u20113<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<table>\n<caption>(Mil\u00adli\u00adons except per share amounts and percentages)<\/caption>\n<thead>\n<tr>\n<td colspan=\"6\"><em><span class=\"caps\">ADVANCED<\/span> <span class=\"caps\">MICRO<\/span> <span class=\"caps\">DEVICES<\/span>, <span class=\"caps\">INC<\/span>.<\/em><\/td>\n<\/tr>\n<tr>\n<td colspan=\"6\"><em><span class=\"caps\">CONDENSED<\/span> <span class=\"caps\">CONSOLIDATED<\/span> <span class=\"caps\">STATEMENTS<\/span> <span class=\"caps\">OF<\/span> <span class=\"caps\">OPERATIONS<\/span><\/em><\/td>\n<\/tr>\n<tr>\n<td><\/td>\n<td colspan=\"3\">Quar\u00adter&nbsp;Ended<\/td>\n<td colspan=\"2\">Year Ended<\/td>\n<\/tr>\n<tr>\n<td><\/td>\n<td>Dec 28,&nbsp;2013<\/td>\n<td>Sept 28,&nbsp;2013<\/td>\n<td>Dec. 29,&nbsp;2012<\/td>\n<td>Dec. 28,&nbsp;2013<\/td>\n<td>Dec. 29,&nbsp;2012<\/td>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td style=\"text-align: left;\">Net reve\u00adnue<\/td>\n<td>$1,589<\/td>\n<td>$1,461<\/td>\n<td>$1,155<\/td>\n<td>$5,299<\/td>\n<td>$5,422<\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: left;\">Cost of&nbsp;sales<\/td>\n<td>1,036<\/td>\n<td>940<\/td>\n<td>977<\/td>\n<td>3,321<\/td>\n<td>4,187<\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: left;\">Gross mar\u00adgin<\/td>\n<td>553<\/td>\n<td>521<\/td>\n<td>178<\/td>\n<td>1,978<\/td>\n<td>1,235<\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: left;\">Gross mar\u00adgin %<\/td>\n<td>35%<\/td>\n<td>36%<\/td>\n<td>15%<\/td>\n<td>37%<\/td>\n<td>23%<\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: left;\">Rese\u00adarch and development<\/td>\n<td>293<\/td>\n<td>288<\/td>\n<td>313<\/td>\n<td>1,201<\/td>\n<td>1,354<\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: left;\">Mar\u00adke\u00adting, gene\u00adral and administrative<\/td>\n<td>169<\/td>\n<td>155<\/td>\n<td>193<\/td>\n<td>674<\/td>\n<td>823<\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: left;\">Amor\u00adtiza\u00adti\u00adon of acqui\u00adred intan\u00adgi\u00adble assets<\/td>\n<td>4<\/td>\n<td>5<\/td>\n<td>4<\/td>\n<td>18<\/td>\n<td>14<\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: left;\">Res\u00adtruc\u00adtu\u00adring and other spe\u00adcial char\u00adges (gains), net<\/td>\n<td>-<\/td>\n<td>(22)<\/td>\n<td>90<\/td>\n<td>30<\/td>\n<td>100<\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: left;\">Legal sett\u00adle\u00adments, net<\/td>\n<td>(48)<\/td>\n<td>-<\/td>\n<td>-<\/td>\n<td>(48)<\/td>\n<td>-<\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: left;\">Ope\u00adra\u00adting inco\u00adme (loss)<\/td>\n<td>135<\/td>\n<td>95<\/td>\n<td>(422)<\/td>\n<td>103<\/td>\n<td>(1,056)<\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: left;\">Inte\u00adrest income<\/td>\n<td>1<\/td>\n<td>1<\/td>\n<td>2<\/td>\n<td>5<\/td>\n<td>8<\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: left;\">Inte\u00adrest expense<\/td>\n<td>(44)<\/td>\n<td>(47)<\/td>\n<td>(45)<\/td>\n<td>(177)<\/td>\n<td>(175)<\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: left;\">Other inco\u00adme (expen\u00adse),&nbsp;net<\/td>\n<td>(2)<\/td>\n<td>2<\/td>\n<td>(4)<\/td>\n<td>(5)<\/td>\n<td>6<\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: left;\">Inco\u00adme (loss) befo\u00adre inco\u00adme&nbsp;taxes<\/td>\n<td>90<\/td>\n<td>51<\/td>\n<td>(469)<\/td>\n<td>(74)<\/td>\n<td>(1,217)<\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: left;\">Pro\u00advi\u00adsi\u00adon (bene\u00adfit) for inco\u00adme&nbsp;taxes<\/td>\n<td>1<\/td>\n<td>3<\/td>\n<td>4<\/td>\n<td>9<\/td>\n<td>(34)<\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: left;\">Net inco\u00adme (loss)<\/td>\n<td>$89<\/td>\n<td>$48<\/td>\n<td>(473)<\/td>\n<td>(83)<\/td>\n<td>(1,183)<\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: left;\">Net inco\u00adme (loss) per&nbsp;share<\/td>\n<td colspan=\"5\"><\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: left; padding-left: 20px;\">Basic<\/td>\n<td>$0.12<\/td>\n<td>$0.06<\/td>\n<td>$(0.63)<\/td>\n<td>$(0.11)<\/td>\n<td>$(1.60)<\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: left; padding-left: 20px;\">Diluted<\/td>\n<td>$0.12<\/td>\n<td>$0.06<\/td>\n<td>$(0.63)<\/td>\n<td>$(0.11)<\/td>\n<td>$(1.60)<\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: left;\">Shares used in per share calculation<\/td>\n<td colspan=\"5\"><\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: left; padding-left: 20px;\">Basic<\/td>\n<td>759<\/td>\n<td>757<\/td>\n<td>747<\/td>\n<td>754<\/td>\n<td>741<\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: left; padding-left: 20px;\">Diluted<\/td>\n<td>766<\/td>\n<td>764<\/td>\n<td>747<\/td>\n<td>754<\/td>\n<td>741<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<table>\n<caption>(Mil\u00adli\u00adons)<\/caption>\n<thead>\n<tr>\n<td colspan=\"7\"><em><span class=\"caps\">ADVANCED<\/span> <span class=\"caps\">MICRO<\/span> <span class=\"caps\">DEVICES<\/span>, <span class=\"caps\">INC<\/span>.<\/em><\/td>\n<\/tr>\n<tr>\n<td colspan=\"7\"><em><span class=\"caps\">CONDENSED<\/span> <span class=\"caps\">CONSOLIDATED<\/span> <span class=\"caps\">STATEMENTS<\/span> <span class=\"caps\">OF<\/span> <span class=\"caps\">COMPREHENSIVE<\/span> <span class=\"caps\">INCOME<\/span> (<span class=\"caps\">LOSS<\/span>)<\/em><\/td>\n<\/tr>\n<tr>\n<td colspan=\"2\"><\/td>\n<td colspan=\"3\">Quar\u00adter&nbsp;Ended<\/td>\n<td colspan=\"2\">Year Ended<\/td>\n<\/tr>\n<tr>\n<td colspan=\"2\"><\/td>\n<td>Dec 28,&nbsp;2013<\/td>\n<td>Sept 28,&nbsp;2013<\/td>\n<td>Dec. 29,&nbsp;2012<\/td>\n<td>Dec. 28,&nbsp;2013<\/td>\n<td>Dec. 29,&nbsp;2012<\/td>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td colspan=\"2\">Total com\u00adpre\u00adhen\u00adsi\u00adve inco\u00adme (loss)<\/td>\n<td>$89<\/td>\n<td>$52<\/td>\n<td>$(475)<\/td>\n<td>$(82)<\/td>\n<td>$(1,181)<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<table>\n<caption>(Mil\u00adli\u00adons)<\/caption>\n<thead>\n<tr>\n<td colspan=\"4\"><em><span class=\"caps\">ADVANCED<\/span> <span class=\"caps\">MICRO<\/span> <span class=\"caps\">DEVICES<\/span>, <span class=\"caps\">INC<\/span>.<\/em><\/td>\n<\/tr>\n<tr>\n<td colspan=\"4\"><em><span class=\"caps\">CONDENSED<\/span> <span class=\"caps\">CONSOLIDATED<\/span> <span class=\"caps\">BALANCE<\/span> <span class=\"caps\">SHEETS<\/span><\/em><\/td>\n<\/tr>\n<tr>\n<td><\/td>\n<td>Dec. 28,&nbsp;2013<\/td>\n<td>Sept. 28,&nbsp;2013<\/td>\n<td>Dec. 29,&nbsp;2012<\/td>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td style=\"text-align: left;\"><em>Assets<\/em><\/td>\n<td colspan=\"3\"><\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: left;\">Cur\u00adrent assets:<\/td>\n<td colspan=\"3\"><\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: left; padding-left: 20px;\">Cash and cash equivalents<\/td>\n<td>$869<\/td>\n<td>$543<\/td>\n<td>$549<\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: left; padding-left: 20px;\">Mar\u00adke\u00adta\u00adble securities<\/td>\n<td>228<\/td>\n<td>517<\/td>\n<td>453<\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: left; padding-left: 20px;\">Accounts receiva\u00adble,&nbsp;net<\/td>\n<td>832<\/td>\n<td>873<\/td>\n<td>630<\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: left; padding-left: 20px;\">Invent\u00adories, net<\/td>\n<td>884<\/td>\n<td>922<\/td>\n<td>562<\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: left; padding-left: 20px;\">Pre\u00adpaid expen\u00adses and other cur\u00adrent assets<\/td>\n<td>71<\/td>\n<td>84<\/td>\n<td>71<\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: left; padding-left: 40px;\">Total cur\u00adrent assets<\/td>\n<td>2,884<\/td>\n<td>2,939<\/td>\n<td>2,265<\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: left;\">Long-term mar\u00adke\u00adta\u00adble securities<\/td>\n<td>90<\/td>\n<td>121<\/td>\n<td>181<\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: left;\">Pro\u00adper\u00adty, plant and equip\u00adment,&nbsp;net<\/td>\n<td>346<\/td>\n<td>358<\/td>\n<td>658<\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: left;\">Acqui\u00adsi\u00adti\u00adon rela\u00adted intan\u00adgi\u00adble assets, net<\/td>\n<td>78<\/td>\n<td>82<\/td>\n<td>96<\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: left;\">Good\u00adwill<\/td>\n<td>553<\/td>\n<td>553<\/td>\n<td>553<\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: left;\">Other assets<\/td>\n<td>386<\/td>\n<td>264<\/td>\n<td>247<\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: left;\"><em>Total Assets<\/em><\/td>\n<td>$4,337<\/td>\n<td>$4,317<\/td>\n<td>$4,000<\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: left;\"><em>Lia\u00adbi\u00adli\u00adties and Stock\u00adhol\u00adders\u2019 Equity<\/em><\/td>\n<td colspan=\"3\"><\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: left;\">Cur\u00adrent liabilities:<\/td>\n<td colspan=\"3\"><\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: left; padding-left: 20px;\">Short-term debt<\/td>\n<td>$60<\/td>\n<td>$5<\/td>\n<td>$5<\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: left; padding-left: 20px;\">Accounts paya\u00adble<\/td>\n<td>519<\/td>\n<td>574<\/td>\n<td>278<\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: left; padding-left: 20px;\">Paya\u00adble to <span class=\"caps\">GLOBALFOUNDRIES<\/span><\/td>\n<td>364<\/td>\n<td>495<\/td>\n<td>454<\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: left; padding-left: 20px;\">Accrued and other cur\u00adrent liabilities<\/td>\n<td>530<\/td>\n<td>549<\/td>\n<td>552<\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: left; padding-left: 20px;\">Defer\u00adred inco\u00adme on ship\u00adments to distributors<\/td>\n<td>145<\/td>\n<td>139<\/td>\n<td>108<\/td>\n<\/tr>\n<tr>\n<td style=\"padding-left: 40px; text-align: left;\">Total cur\u00adrent liabilities<\/td>\n<td>1,618<\/td>\n<td>1,762<\/td>\n<td>1,397<\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: left;\">Long-term debt<\/td>\n<td>1,998<\/td>\n<td>2,044<\/td>\n<td>2,037<\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: left;\">Other long-term liabilities<\/td>\n<td>177<\/td>\n<td>77<\/td>\n<td>28<\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: left;\">Stock\u00adhol\u00adders\u2019 equity:<\/td>\n<td colspan=\"3\"><\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: left; padding-left: 20px;\">Capi\u00adtal&nbsp;stock:<\/td>\n<td colspan=\"3\"><\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: left; padding-left: 40px;\">Com\u00admon stock, par&nbsp;value<\/td>\n<td>7<\/td>\n<td>7<\/td>\n<td>7<\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: left; padding-left: 40px;\">Addi\u00adtio\u00adnal paid-in capital<\/td>\n<td>6,894<\/td>\n<td>6,872)<\/td>\n<td>6,803<\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: left; padding-left: 40px;\">Tre\u00adasu\u00adry stock, at&nbsp;cost<\/td>\n<td>(112)<\/td>\n<td>(111)<\/td>\n<td>(109)<\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: left; padding-left: 20px;\">Accu\u00admu\u00adla\u00adted deficit<\/td>\n<td>(6,243)<\/td>\n<td>(6,332)<\/td>\n<td>(6,160)<\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: left; padding-left: 20px;\">Accu\u00admu\u00adla\u00adted other com\u00adpre\u00adhen\u00adsi\u00adve&nbsp;loss<\/td>\n<td>(2)<\/td>\n<td>(2)<\/td>\n<td>(3)<\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: left; padding-left: 40px;\">Total stock\u00adhol\u00adders\u2019 equity<\/td>\n<td>544<\/td>\n<td>434<\/td>\n<td>538<\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: left;\"><em>Total Lia\u00adbi\u00adli\u00adties and Stock\u00adhol\u00adders\u2019 Equity<\/em><\/td>\n<td>$4,337<\/td>\n<td>$4,317<\/td>\n<td>$4,000<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<table>\n<caption>(Mil\u00adli\u00adons)<\/caption>\n<thead>\n<tr>\n<td colspan=\"3\"><em><span class=\"caps\">ADVANCED<\/span> <span class=\"caps\">MICRO<\/span> <span class=\"caps\">DEVICES<\/span>, <span class=\"caps\">INC<\/span>.<\/em><\/td>\n<\/tr>\n<tr>\n<td colspan=\"3\"><em><span class=\"caps\">CONDENSED<\/span> <span class=\"caps\">CONSOLIDATED<\/span> <span class=\"caps\">STATEMENT<\/span> <span class=\"caps\">OF<\/span> <span class=\"caps\">CASH<\/span>&nbsp;<span class=\"caps\">FLOWS<\/span><\/em><\/td>\n<\/tr>\n<tr>\n<td><\/td>\n<td>Quar\u00adter&nbsp;Ended<\/td>\n<td>Year Ended<\/td>\n<\/tr>\n<tr>\n<td><\/td>\n<td>Dec. 28,&nbsp;2013<\/td>\n<td>Dec. 28,&nbsp;2013<\/td>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td style=\"text-align: left;\"><em>Cash flows from ope\u00adra\u00adting activities:<\/em><\/td>\n<td colspan=\"2\"><\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: left; padding-left: 20px;\">Net inco\u00adme (loss)<\/td>\n<td>$89<\/td>\n<td>$(83)<\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: left; padding-left: 20px;\">Adjus\u00adt\u00adments to recon\u00adci\u00adle net inco\u00adme (loss) to net cash used in ope\u00adra\u00adting activities:<\/td>\n<td colspan=\"2\"><\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: left; padding-left: 40px;\">Depre\u00adcia\u00adti\u00adon and amortization<\/td>\n<td>54<\/td>\n<td>236<\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: left; padding-left: 40px;\">Net loss on dis\u00adpo\u00adsal of pro\u00adper\u00adty, plant and equipment<\/td>\n<td>1<\/td>\n<td>31<\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: left; padding-left: 40px;\">Employee stock-based com\u00adpen\u00adsa\u00adti\u00adon expense<\/td>\n<td>24<\/td>\n<td>91<\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: left; padding-left: 40px;\">Non-cash inte\u00adrest expense<\/td>\n<td>7<\/td>\n<td>25<\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: left; padding-left: 40px;\">Other<\/td>\n<td>(1)<\/td>\n<td>-<\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: left; padding-left: 20px;\">Chan\u00adges in ope\u00adra\u00adting assets and liabilities:<\/td>\n<td colspan=\"2\"><\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: left; padding-left: 40px;\">Accounts receiva\u00adble<\/td>\n<td>42<\/td>\n<td>(200)<\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: left; padding-left: 40px;\">Invent\u00adories<\/td>\n<td>38<\/td>\n<td>(322)<\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: left; padding-left: 40px;\">Pre\u00adpaid expen\u00adses and other cur\u00adrent assets<\/td>\n<td>7<\/td>\n<td>(11)<\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: left; padding-left: 40px;\">Other assets<\/td>\n<td>(143)<\/td>\n<td>(210)<\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: left; padding-left: 40px;\">Paya\u00adble to <span class=\"caps\">GLOBALFOUNDRIES<\/span><\/td>\n<td>(130)<\/td>\n<td>(89)<\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: left; padding-left: 40px;\">Accounts paya\u00adble, accrued lia\u00adbi\u00adli\u00adties and&nbsp;other<\/td>\n<td>33<\/td>\n<td>384<\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: left;\"><em>Net cash pro\u00advi\u00added by (used in) ope\u00adra\u00adting activities<\/em><\/td>\n<td><em>$21<\/em><\/td>\n<td><em>$(148)<\/em><\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: left;\"><em>Cash flows from inves\u00adt\u00ading activities:<\/em><\/td>\n<td colspan=\"2\"><\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: left; padding-left: 20px;\">Purcha\u00adses of pro\u00adper\u00adty, plant and equipment<\/td>\n<td>(21)<\/td>\n<td>(84)<\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: left; padding-left: 20px;\">Pro\u00adceeds from sale of pro\u00adper\u00adty, plant and equipment<\/td>\n<td>-<\/td>\n<td>238<\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: left; padding-left: 20px;\">Purcha\u00adses of available-for-sale securities<\/td>\n<td>(58)<\/td>\n<td>(1,043)<\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: left; padding-left: 20px;\">Pro\u00adceeds from sale and matu\u00adri\u00adty of available-for-sale securities<\/td>\n<td>375<\/td>\n<td>1,344<\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: left;\"><em>Net cash pro\u00advi\u00added by inves\u00adt\u00ading activities<\/em><\/td>\n<td><em>$296<\/em><\/td>\n<td><em>$455<\/em><\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: left;\"><em>Cash flows from finan\u00adcing activities:<\/em><\/td>\n<td colspan=\"2\"><\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: left; padding-left: 20px;\">Net pro\u00adceeds from for\u00adeign grants and allowances<\/td>\n<td>5<\/td>\n<td>11<\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: left; padding-left: 20px;\">Pro\u00adceeds from issu\u00adan\u00adce of com\u00admon&nbsp;stock<\/td>\n<td>1<\/td>\n<td>4<\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: left; padding-left: 20px;\">Pro\u00adceeds from bor\u00adro\u00adwings of secu\u00adred revol\u00adving line of cre\u00addit,&nbsp;net<\/td>\n<td>55<\/td>\n<td>55<\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: left; padding-left: 20px;\">Repay\u00adments of long-term debt and capi\u00adtal lea\u00adse obligations<\/td>\n<td>(51)<\/td>\n<td>(55)<\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: left; padding-left: 20px;\">Other<\/td>\n<td>(1)<\/td>\n<td>(2)<\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: left;\"><em>Net cash pro\u00advi\u00added by finan\u00adcing activities<\/em><\/td>\n<td><em>$$9<\/em><\/td>\n<td><em>$13<\/em><\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: left;\">Net increase in cash and cash equivalents<\/td>\n<td>326<\/td>\n<td>320<\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: left;\"><em>Cash and cash equi\u00adva\u00adlents at begin\u00adning of period<\/em><\/td>\n<td><em>$543<\/em><\/td>\n<td><em>$549<\/em><\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: left;\"><em>Cash and cash equi\u00adva\u00adlents at end of period<\/em><\/td>\n<td><em>$869<\/em><\/td>\n<td><em>$869<\/em><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<table>\n<caption><em>(Mil\u00adli\u00adons except headcount)<\/em><\/caption>\n<thead>\n<tr>\n<td colspan=\"6\"><em><span class=\"caps\">ADVANCED<\/span> <span class=\"caps\">MICRO<\/span> <span class=\"caps\">DEVICES<\/span>, <span class=\"caps\">INC<\/span>.<\/em><\/td>\n<\/tr>\n<tr>\n<td colspan=\"6\"><em><span class=\"caps\">SELECTED<\/span> <span class=\"caps\">CORPORATE<\/span> <span class=\"caps\">DATA<\/span><\/em><\/td>\n<\/tr>\n<tr>\n<td><\/td>\n<td colspan=\"3\">Quar\u00adter&nbsp;Ended<\/td>\n<td colspan=\"2\">Year Ended<\/td>\n<\/tr>\n<tr>\n<td><em>Seg\u00adment and Cate\u00adgo\u00adry Information<\/em><\/td>\n<td>Dec 28,&nbsp;2013<\/td>\n<td>Sep. 28,&nbsp;2013<\/td>\n<td>Dec. 29,&nbsp;2012<\/td>\n<td>Dec 28,&nbsp;2013<\/td>\n<td>Dec. 29,&nbsp;2012<\/td>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td style=\"text-align: left;\">Com\u00adpu\u00adting Solu\u00adti\u00adons (1)<\/td>\n<td colspan=\"5\"><\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: left; padding-left: 20px;\">Net reve\u00adnue<\/td>\n<td>$722<\/td>\n<td>$790<\/td>\n<td>$829<\/td>\n<td>$3,104<\/td>\n<td>$4,005<\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: left; padding-left: 20px;\">Ope\u00adra\u00adting inco\u00adme (loss)<\/td>\n<td>$(7)<\/td>\n<td>$22<\/td>\n<td>$(323)<\/td>\n<td>$(22)<\/td>\n<td>$(231)<\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: left;\">Gra\u00adphics and Visu\u00adal Solu\u00adti\u00adons (2)<\/td>\n<td colspan=\"5\"><\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: left; padding-left: 20px;\">Net reve\u00adnue<\/td>\n<td>865<\/td>\n<td>671<\/td>\n<td>326<\/td>\n<td>2,193<\/td>\n<td>1,417<\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: left; padding-left: 20px;\">Ope\u00adra\u00adting income<\/td>\n<td>121<\/td>\n<td>79<\/td>\n<td>22<\/td>\n<td>216<\/td>\n<td>105<\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: left;\">All Other (3)<\/td>\n<td colspan=\"5\"><\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: left; padding-left: 20px;\">Net reve\u00adnue<\/td>\n<td>2<\/td>\n<td>-<\/td>\n<td>-<\/td>\n<td>2<\/td>\n<td>-<\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: left; padding-left: 20px;\">Ope\u00adra\u00adting inco\u00adme (loss)<\/td>\n<td>21<\/td>\n<td>(6)<\/td>\n<td>(121)<\/td>\n<td>(91)<\/td>\n<td>(930)<\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: left;\"><em>Total<\/em><\/td>\n<td colspan=\"5\"><\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: left; padding-left: 20px;\"><em>Net reve\u00adnue<\/em><\/td>\n<td><em>$1,589<\/em><\/td>\n<td><em>$1,461<\/em><\/td>\n<td><em>$1,155<\/em><\/td>\n<td><em>$5,299<\/em><\/td>\n<td><em>$5,422<\/em><\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: left; padding-left: 20px;\"><em>Ope\u00adra\u00adting inco\u00adme (loss)<\/em><\/td>\n<td><em>$135<\/em><\/td>\n<td><em>$95<\/em><\/td>\n<td><em>$(422)<\/em><\/td>\n<td><em>$103<\/em><\/td>\n<td><em>$(1,056)<\/em><\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: left;\"><em>Other Data<\/em><\/td>\n<td colspan=\"5\"><\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: left;\">Depre\u00adcia\u00adti\u00adon and amor\u00adtiza\u00adti\u00adon, exclu\u00adding amor\u00adtiza\u00adti\u00adon of acqui\u00adred intan\u00adgi\u00adble assets<\/td>\n<td>$50<\/td>\n<td>$52<\/td>\n<td>$62<\/td>\n<td>$219<\/td>\n<td>$247<\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: left;\">Capi\u00adtal additions<\/td>\n<td>$21<\/td>\n<td>$15<\/td>\n<td>$22<\/td>\n<td>$84<\/td>\n<td>$133<\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: left;\">Adjus\u00adted <span class=\"caps\">EBITDA<\/span> (4)<\/td>\n<td>$165<\/td>\n<td>$153<\/td>\n<td>$30<\/td>\n<td>$412<\/td>\n<td>$389<\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: left;\">Cash, cash equi\u00adva\u00adlents and mar\u00adke\u00adta\u00adble secu\u00adri\u00adties, inclu\u00adding long-term mar\u00adke\u00adta\u00adble securities<\/td>\n<td>$1,187<\/td>\n<td>$1,181<\/td>\n<td>$1,183<\/td>\n<td>$1,187<\/td>\n<td>$1,183<\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: left;\">Non-GAAP free cash flow (5)<\/td>\n<td>$0<\/td>\n<td>$6<\/td>\n<td>$(308)<\/td>\n<td>$(232)<\/td>\n<td>$(471)<\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: left;\">Total assets<\/td>\n<td>$4,337<\/td>\n<td>$4,317<\/td>\n<td>$4,000<\/td>\n<td>$4,337<\/td>\n<td>$4,000<\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: left;\">Total debt<\/td>\n<td>$2,058<\/td>\n<td>$2,049<\/td>\n<td>$2,042<\/td>\n<td>$2,058<\/td>\n<td>$2,042<\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: left;\">Head\u00adcount<\/td>\n<td>10,671<\/td>\n<td>10,330<\/td>\n<td>10,340<\/td>\n<td>10,671<\/td>\n<td>10,340<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<table>\n<tbody>\n<tr>\n<td>(1)<\/td>\n<td>Com\u00adpu\u00adting Solu\u00adti\u00adons seg\u00adment includes x86 micro\u00adpro\u00adces\u00adsors, as stan\u00adda\u00adlo\u00adne devices or as incor\u00adpo\u00adra\u00adted as an acce\u00adle\u00adra\u00adted pro\u00adces\u00adsing unit (<span class=\"caps\">APU<\/span>), chip\u00adsets, embedded pro\u00adces\u00adsors and den\u00adse servers.<\/td>\n<\/tr>\n<tr>\n<td>(2)<\/td>\n<td>Gra\u00adphics and Visu\u00adal Solu\u00adti\u00adons seg\u00adment includes gra\u00adphics pro\u00adces\u00adsing units (<span class=\"caps\">GPU<\/span>), inclu\u00adding pro\u00adfes\u00adsio\u00adnal gra\u00adphics, semi-cus\u00adtom pro\u00adducts and tech\u00adno\u00adlo\u00adgy for game consoles.<\/td>\n<\/tr>\n<tr>\n<td>(3)<\/td>\n<td>All Other cate\u00adgo\u00adry includes cer\u00adtain expen\u00adses and cre\u00addits that are not allo\u00adca\u00adted to any of the ope\u00adra\u00adting seg\u00adments. Also included in this cate\u00adgo\u00adry are amor\u00adtiza\u00adti\u00adon of acqui\u00adred intan\u00adgi\u00adble assets, employee stock-based com\u00adpen\u00adsa\u00adti\u00adon expen\u00adse, net res\u00adtruc\u00adtu\u00adring and other spe\u00adcial char\u00adges (gains). In addi\u00adti\u00adon, the Com\u00adpa\u00adny also included the fol\u00adlo\u00adwing for the indi\u00adca\u00adted peri\u00adods: for the fourth quar\u00adter of 2013 and for 2013, the Com\u00adpa\u00adny included net legal sett\u00adle\u00adments; for 2012, the Com\u00adpa\u00adny included a char\u00adge rela\u00adted to the limi\u00adt\u00aded wai\u00adver of exclu\u00adsi\u00advi\u00adty from <span class=\"caps\">GLOBALFOUNDRIES<\/span> (<span class=\"caps\">GF<\/span>). The Com\u00adpa\u00adny also repor\u00adted the results of for\u00admer busi\u00adnesses in the All Other cate\u00adgo\u00adry becau\u00adse the ope\u00adra\u00adting results were not material.<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<table>\n<thead>\n<tr>\n<td>(4)<\/td>\n<td colspan=\"6\"><em>Recon\u00adci\u00adlia\u00adti\u00adon of <span class=\"caps\">GAAP<\/span> ope\u00adra\u00adting inco\u00adme (loss) to Adjus\u00adted <span class=\"caps\">EBITDA<\/span>*<\/em><\/td>\n<\/tr>\n<tr>\n<td><\/td>\n<td><\/td>\n<td colspan=\"3\">Quar\u00adter&nbsp;Ended<\/td>\n<td colspan=\"2\">Year Ended<\/td>\n<\/tr>\n<tr>\n<td><\/td>\n<td><\/td>\n<td>Dec.&nbsp;28,&nbsp;2013<\/td>\n<td>Sep.&nbsp;28,&nbsp;2013<\/td>\n<td>Dec.&nbsp;29,&nbsp;2012<\/td>\n<td>Dec.&nbsp;28,&nbsp;2013<\/td>\n<td>Dec.&nbsp;29,&nbsp;2012<\/td>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td><\/td>\n<td style=\"text-align: left;\"><span class=\"caps\">GAAP<\/span> ope\u00adra\u00adting inco\u00adme (loss)<\/td>\n<td>$135<\/td>\n<td>$95<\/td>\n<td>$(422)<\/td>\n<td>$103<\/td>\n<td>(1,056)<\/td>\n<\/tr>\n<tr>\n<td><\/td>\n<td style=\"padding-left: 20px; text-align: left;\">Lower of cost or mar\u00adket char\u00adge rela\u00adted to <span class=\"caps\">GF<\/span> take-or-pay obligation<\/td>\n<td>-<\/td>\n<td>-<\/td>\n<td>273<\/td>\n<td>-<\/td>\n<td>273<\/td>\n<\/tr>\n<tr>\n<td><\/td>\n<td style=\"padding-left: 20px; text-align: left;\">Limi\u00adt\u00aded wai\u00adver of exclu\u00adsi\u00advi\u00adty from&nbsp;<span class=\"caps\">GF<\/span><\/td>\n<td>-<\/td>\n<td>-<\/td>\n<td>-<\/td>\n<td>-<\/td>\n<td>703<\/td>\n<\/tr>\n<tr>\n<td><\/td>\n<td style=\"padding-left: 20px; text-align: left;\">Legal sett\u00adle\u00adments, net<\/td>\n<td>(48)<\/td>\n<td>-<\/td>\n<td>-<\/td>\n<td>(48)<\/td>\n<td>5<\/td>\n<\/tr>\n<tr>\n<td><\/td>\n<td style=\"padding-left: 20px; text-align: left;\">Depre\u00adcia\u00adti\u00adon and amortization<\/td>\n<td>50<\/td>\n<td>52<\/td>\n<td>62<\/td>\n<td>219<\/td>\n<td>247<\/td>\n<\/tr>\n<tr>\n<td><\/td>\n<td style=\"padding-left: 20px; text-align: left;\">Employee stock-based com\u00adpen\u00adsa\u00adti\u00adon expense<\/td>\n<td>24<\/td>\n<td>23<\/td>\n<td>23<\/td>\n<td>91<\/td>\n<td>97<\/td>\n<\/tr>\n<tr>\n<td><\/td>\n<td style=\"padding-left: 20px; text-align: left;\">Amor\u00adtiza\u00adti\u00adon of acqui\u00adred intan\u00adgi\u00adble assets<\/td>\n<td>4<\/td>\n<td>5<\/td>\n<td>4<\/td>\n<td>17<\/td>\n<td>14<\/td>\n<\/tr>\n<tr>\n<td><\/td>\n<td style=\"padding-left: 20px; text-align: left;\">Res\u00adtruc\u00adtu\u00adring and other spe\u00adcial char\u00adges (gains), net<\/td>\n<td>-<\/td>\n<td>(22)<\/td>\n<td>90<\/td>\n<td>30<\/td>\n<td>100<\/td>\n<\/tr>\n<tr>\n<td><\/td>\n<td style=\"padding-left: 20px; text-align: left;\">Sea\u00adMi\u00adcro acqui\u00adsi\u00adti\u00adon&nbsp;costs<\/td>\n<td>-<\/td>\n<td>-<\/td>\n<td>-<\/td>\n<td>-<\/td>\n<td>6<\/td>\n<\/tr>\n<tr>\n<td><\/td>\n<td style=\"text-align: left;\">Adjus\u00adted <span class=\"caps\">EBITDA<\/span><\/td>\n<td>$165<\/td>\n<td>$153<\/td>\n<td>$30<\/td>\n<td>$412<\/td>\n<td>$389<\/td>\n<\/tr>\n<tr>\n<td><\/td>\n<td style=\"text-align: justify;\" colspan=\"6\">* The Com\u00adpa\u00adny pres\u00adents Adjus\u00adted <span class=\"caps\">EBITDA<\/span> as a sup\u00adple\u00admen\u00adtal mea\u00adsu\u00adre of its per\u00adfor\u00admance. Adjus\u00adted <span class=\"caps\">EBITDA<\/span> for the Com\u00adpa\u00adny is deter\u00admi\u00adned by adjus\u00adting ope\u00adra\u00adting inco\u00adme (loss) for depre\u00adcia\u00adti\u00adon and amor\u00adtiza\u00adti\u00adon, employee stock-based com\u00adpen\u00adsa\u00adti\u00adon expen\u00adse and amor\u00adtiza\u00adti\u00adon of acqui\u00adred intan\u00adgi\u00adble assets. In addi\u00adti\u00adon, the Com\u00adpa\u00adny also included the fol\u00adlo\u00adwing adjus\u00adt\u00adments for the indi\u00adca\u00adted peri\u00adods: for the fourth quar\u00adter of 2013, the Com\u00adpa\u00adny included adjus\u00adt\u00adments for net legal sett\u00adle\u00adments; for the third quar\u00adter of 2013, the Com\u00adpa\u00adny included adjus\u00adt\u00adments for net res\u00adtruc\u00adtu\u00adring and other spe\u00adcial char\u00adges (gains); for 2013, the Com\u00adpa\u00adny included adjus\u00adt\u00adments for net legal sett\u00adle\u00adments and net res\u00adtruc\u00adtu\u00adring and other spe\u00adcial char\u00adges (gains); for the fourth quar\u00adter of 2012, the Com\u00adpa\u00adny included adjus\u00adt\u00adments for the lower of cost or mar\u00adket char\u00adge (<span class=\"caps\">LCM<\/span> Char\u00adge) rela\u00adted to <span class=\"caps\">GF<\/span> take-or-pay obli\u00adga\u00adti\u00adon and net res\u00adtruc\u00adtu\u00adring and other spe\u00adcial char\u00adges (gains); for 2012, the Com\u00adpa\u00adny included adjus\u00adt\u00adments for the <span class=\"caps\">LCM<\/span> Char\u00adge, a char\u00adge rela\u00adted to the limi\u00adt\u00aded wai\u00adver of exclu\u00adsi\u00advi\u00adty from <span class=\"caps\">GF<\/span>, net legal sett\u00adle\u00adments, net res\u00adtruc\u00adtu\u00adring and other spe\u00adcial char\u00adges (gains) and Sea\u00adMi\u00adcro, Inc acqui\u00adsi\u00adti\u00adon cos\u00adts. The Com\u00adpa\u00adny cal\u00adcu\u00adla\u00adtes and com\u00admu\u00adni\u00adca\u00adtes Adjus\u00adted <span class=\"caps\">EBITDA<\/span> in the finan\u00adcial sche\u00addu\u00adles becau\u00adse the Company\u2019s manage\u00adment belie\u00adves it is of importance to inves\u00adtors and len\u00adders in rela\u00adti\u00adon to its over\u00adall capi\u00adtal struc\u00adtu\u00adre and its abili\u00adty to bor\u00adrow addi\u00adtio\u00adnal funds. In addi\u00adti\u00adon, the Com\u00adpa\u00adny pres\u00adents Adjus\u00adted <span class=\"caps\">EBITDA<\/span> becau\u00adse it belie\u00adves this mea\u00adsu\u00adre assists inves\u00adtors in com\u00adpa\u00adring its per\u00adfor\u00admance across report\u00ading peri\u00adods on a con\u00adsis\u00adtent basis by exclu\u00adding items that the Com\u00adpa\u00adny does not belie\u00adve are indi\u00adca\u00adti\u00adve of its core ope\u00adra\u00adting per\u00adfor\u00admance. The Company\u2019s cal\u00adcu\u00adla\u00adti\u00adon of Adjus\u00adted <span class=\"caps\">EBITDA<\/span> may or may not be con\u00adsis\u00adtent with the cal\u00adcu\u00adla\u00adti\u00adon of this mea\u00adsu\u00adre by other com\u00adpa\u00adnies in the same indus\u00adtry. Inves\u00adtors should not view Adjus\u00adted <span class=\"caps\">EBITDA<\/span> as an alter\u00adna\u00adti\u00adve to the <span class=\"caps\">GAAP<\/span> ope\u00adra\u00adting mea\u00adsu\u00adre of ope\u00adra\u00adting inco\u00adme (loss) or <span class=\"caps\">GAAP<\/span> liqui\u00addi\u00adty mea\u00adsu\u00adres of cash flows from ope\u00adra\u00adting, inves\u00adt\u00ading and finan\u00adcing acti\u00advi\u00adties. In addi\u00adti\u00adon, Adjus\u00adted <span class=\"caps\">EBITDA<\/span> does not take into account chan\u00adges in cer\u00adtain assets and lia\u00adbi\u00adli\u00adties as well as inte\u00adrest and inco\u00adme taxes that can affect cash&nbsp;flows.<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<table>\n<thead>\n<tr>\n<td>(5)<\/td>\n<td colspan=\"6\"><em>Non-GAAP free cash flow reconciliation**<\/em><\/td>\n<\/tr>\n<tr>\n<td><\/td>\n<td><\/td>\n<td colspan=\"3\">Quar\u00adter&nbsp;Ended<\/td>\n<td colspan=\"2\">Year Ended<\/td>\n<\/tr>\n<tr>\n<td><\/td>\n<td><\/td>\n<td>Dec.&nbsp;28,&nbsp;2013<\/td>\n<td>Sep.&nbsp;28,&nbsp;2013<\/td>\n<td>Dec.&nbsp;29,&nbsp;2012<\/td>\n<td>Dec.&nbsp;28,&nbsp;2013<\/td>\n<td>Dec.&nbsp;29,&nbsp;2012<\/td>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td><\/td>\n<td style=\"text-align: left;\"><span class=\"caps\">GAAP<\/span> net cash pro\u00advi\u00added by (used in) ope\u00adra\u00adting activities<\/td>\n<td>$21<\/td>\n<td>$21<\/td>\n<td>$(286)<\/td>\n<td>$(148)<\/td>\n<td>$(338)<\/td>\n<\/tr>\n<tr>\n<td><\/td>\n<td style=\"text-align: left; padding-left: 20px;\">Purcha\u00adses of pro\u00adper\u00adty, plant and equipment<\/td>\n<td>(21)<\/td>\n<td>(15)<\/td>\n<td>(22)<\/td>\n<td>(84)<\/td>\n<td>(133)<\/td>\n<\/tr>\n<tr>\n<td><\/td>\n<td style=\"text-align: left;\">Non-GAAP free cash&nbsp;flow<\/td>\n<td>$0<\/td>\n<td>$6<\/td>\n<td>$(308)<\/td>\n<td>$(232)<\/td>\n<td>$(471)<\/td>\n<\/tr>\n<tr>\n<td><\/td>\n<td style=\"text-align: justify;\" colspan=\"6\">** The Com\u00adpa\u00adny also pres\u00adents non-GAAP free cash flow in the ear\u00adnings release as a sup\u00adple\u00admen\u00adtal mea\u00adsu\u00adre of its per\u00adfor\u00admance. Non-GAAP free cash flow is deter\u00admi\u00adned by adjus\u00adting <span class=\"caps\">GAAP<\/span> net cash pro\u00advi\u00added by (used in) ope\u00adra\u00adting acti\u00advi\u00adties for capi\u00adtal expen\u00addit\u00adures. The Com\u00adpa\u00adny cal\u00adcu\u00adla\u00adtes and com\u00admu\u00adni\u00adca\u00adtes non-GAAP free cash flow in the finan\u00adcial sche\u00addu\u00adles becau\u00adse the Company\u2019s manage\u00adment belie\u00adves it is of importance to inves\u00adtors to under\u00adstand the natu\u00adre of the\u00adse cash flows. The Company\u2019s cal\u00adcu\u00adla\u00adti\u00adon of non-GAAP free cash flow may or may not be con\u00adsis\u00adtent with the cal\u00adcu\u00adla\u00adti\u00adon of this mea\u00adsu\u00adre by other com\u00adpa\u00adnies in the same indus\u00adtry. Inves\u00adtors should not view non-GAAP free cash flow as an alter\u00adna\u00adti\u00adve to <span class=\"caps\">GAAP<\/span> liqui\u00addi\u00adty mea\u00adsu\u00adres of cash flows from ope\u00adra\u00adting acti\u00advi\u00adties. The Com\u00adpa\u00adny has pro\u00advi\u00added recon\u00adci\u00adlia\u00adti\u00adons within the press release and finan\u00adcial sche\u00addu\u00adles of the\u00adse non-GAAP finan\u00adcial mea\u00adsu\u00adres to the most direct\u00adly com\u00adpa\u00adra\u00adble <span class=\"caps\">GAAP<\/span> finan\u00adcial measures.<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n","protected":false},"excerpt":{"rendered":"<p>Stra\u00adte\u00adgic Trans\u00adfor\u00adma\u00adti\u00adon Dro\u00adve Strong Reve\u00adnue Growth and Pro\u00adfi\u00adta\u00adbi\u00adli\u00adty (\u2026) <a class=\"moretag\" href=\"https:\/\/www.planet3dnow.de\/cms\/7579-amd-reports-2013-fourth-quarter-and-annual-results\/\">Wei\u00adter\u00adle\u00adsen&nbsp;\u00bb<\/a><\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"wp_typography_post_enhancements_disabled":false,"ngg_post_thumbnail":0,"footnotes":""},"categories":[22],"tags":[],"class_list":["post-7579","post","type-post","status-publish","format-standard","hentry","category-pressemitteilungen","entry"],"share_on_mastodon":{"url":"","error":""},"_links":{"self":[{"href":"https:\/\/www.planet3dnow.de\/cms\/wp-json\/wp\/v2\/posts\/7579","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.planet3dnow.de\/cms\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.planet3dnow.de\/cms\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.planet3dnow.de\/cms\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/www.planet3dnow.de\/cms\/wp-json\/wp\/v2\/comments?post=7579"}],"version-history":[{"count":5,"href":"https:\/\/www.planet3dnow.de\/cms\/wp-json\/wp\/v2\/posts\/7579\/revisions"}],"predecessor-version":[{"id":8591,"href":"https:\/\/www.planet3dnow.de\/cms\/wp-json\/wp\/v2\/posts\/7579\/revisions\/8591"}],"wp:attachment":[{"href":"https:\/\/www.planet3dnow.de\/cms\/wp-json\/wp\/v2\/media?parent=7579"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.planet3dnow.de\/cms\/wp-json\/wp\/v2\/categories?post=7579"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.planet3dnow.de\/cms\/wp-json\/wp\/v2\/tags?post=7579"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}