$AMD
ADVANCED MICRO DEVICES INC Stock $amd

$amd Overview Financials Valuation SEC Filings Company Website

2024 Q3 Form 10-Q Financial Statement

#000000248824000123 Filed on July 31, 2024

Income Statement

Concept	2024 Q3	2024 Q2
Revenue	$6.819B	$5.835B
YoY Change	27.24%	9.0%
Cost Of Revenue	$3.400B	$2.971B
YoY Change	16.6%	-0.77%
Gross Profit	$3.419B	$2.864B
YoY Change	39.95%	21.41%
Gross Profit Margin	50.14%	49.08%
Selling, General & Admin	$721.0M	$650.0M
YoY Change	31.81%	11.11%
% of Gross Profit	21.09%	22.7%
Research & Development	$1.636B	$1.583B
YoY Change	13.37%	12.19%
% of Gross Profit	47.85%	55.27%
Depreciation & Amortization	$756.0M	$769.0M
YoY Change	-10.95%	-21.69%
% of Gross Profit	22.11%	26.85%
Operating Expenses	$2.357B	$2.605B
YoY Change	-4.61%	30.51%
Operating Profit	$724.0M	$259.0M
YoY Change	-2685.71%	-278.62%
Interest Expense	$23.00M	-$25.00M
YoY Change	-182.14%	-200.0%
% of Operating Profit	3.18%	-9.65%
Other Income/Expense, Net	$36.00M	$55.00M
YoY Change	-21.74%	27.91%
Pretax Income	$737.0M	$299.0M
YoY Change	-36950.0%	-335.43%
Income Tax	-$27.00M	$41.00M
% Of Pretax Income	-3.66%	13.71%
Net Earnings	$771.0M	$265.0M
YoY Change	2755.56%	-290.65%
Net Earnings / Revenue	11.31%	4.54%
Basic Earnings Per Share	$0.48	$0.16
Diluted Earnings Per Share	$0.47	$0.16
COMMON SHARES
Basic Shares Outstanding	1.618B shares	1.616B shares
Diluted Shares Outstanding	1.636B shares	1.637B shares

Balance Sheet

Concept	2024 Q3	2024 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments	$4.544B	$5.340B
YoY Change	-27.7%	-10.09%
Cash & Equivalents	$3.897B	$4.113B
Short-Term Investments	$647.0M	$1.227B
Other Short-Term Assets	$1.547B	$1.361B
YoY Change	15.53%	-5.62%
Inventory	$5.374B	$4.991B
Prepaid Expenses
Receivables	$7.241B	$5.749B
Other Receivables	$29.00M	$24.00M
Total Short-Term Assets	$18.74B	$17.47B
YoY Change	13.51%	11.54%
LONG-TERM ASSETS
Property, Plant & Equipment	$1.669B	$2.301B
YoY Change	-16.63%	53.4%
Goodwill	$24.84B	$24.26B
YoY Change	2.74%	0.35%
Intangibles	$19.57B	$20.14B
YoY Change	-13.39%	-13.54%
Long-Term Investments	$137.0M	$113.0M
YoY Change	52.22%	34.52%
Other Assets	$2.854B	$3.607B
YoY Change	9.98%	49.67%
Total Long-Term Assets	$50.90B	$50.42B
YoY Change	-1.09%	-2.99%
TOTAL ASSETS
Total Short-Term Assets	$18.74B	$17.47B
Total Long-Term Assets	$50.90B	$50.42B
Total Assets	$69.64B	$67.89B
YoY Change	2.46%	0.37%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable	$2.530B	$2.119B
YoY Change	-18.18%	-15.85%
Accrued Expenses	$4.120B	$3.629B
YoY Change	94.07%	14.59%
Deferred Revenue
YoY Change
Short-Term Debt	$0.00	$0.00
YoY Change
Long-Term Debt Due	$0.00	$0.00
YoY Change	-100.0%
Total Short-Term Liabilities	$7.500B	$6.195B
YoY Change	-0.95%	-5.81%
LONG-TERM LIABILITIES
Long-Term Debt	$1.720B	$1.719B
YoY Change	0.35%	-30.32%
Other Long-Term Liabilities	$1.751B	$2.242B
YoY Change	-19.68%	19.64%
Total Long-Term Liabilities	$3.471B	$3.961B
YoY Change	-10.86%	-8.75%
TOTAL LIABILITIES
Total Short-Term Liabilities	$7.500B	$6.195B
Total Long-Term Liabilities	$3.471B	$3.961B
Total Liabilities	$10.97B	$11.35B
YoY Change	-14.5%	3.94%
SHAREHOLDERS EQUITY
Retained Earnings	$1.882B	$1.111B
YoY Change	-874.49%	-511.48%
Common Stock	$60.91B	$60.56B
YoY Change	3.52%	3.79%
Preferred Stock
YoY Change
Treasury Stock (at cost)	$5.812B	$5.103B
YoY Change	69.45%	51.78%
Treasury Stock Shares
Shareholders Equity	$56.99B	$56.54B
YoY Change
Total Liabilities & Shareholders Equity	$69.64B	$67.89B
YoY Change	2.46%	0.37%

Cashflow Statement

Concept	2024 Q3	2024 Q2
OPERATING ACTIVITIES
Net Income	$771.0M	$265.0M
YoY Change	2755.56%	-290.65%
Depreciation, Depletion And Amortization	$756.0M	$769.0M
YoY Change	-10.95%	-21.69%
Cash From Operating Activities	$628.0M	$593.0M
YoY Change	65.7%	22.02%
INVESTING ACTIVITIES
Capital Expenditures	$132.0M	$154.0M
YoY Change	5.6%	-2.53%
Acquisitions
YoY Change
Other Investing Activities	-$6.000M	$540.0M
YoY Change	-98.08%	-9100.0%
Cash From Investing Activities	-$138.0M	$386.0M
YoY Change	-68.49%	-131.2%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities	-706.0M	-1.056B
YoY Change	-1041.33%	307.72%
NET CHANGE
Cash From Operating Activities	628.0M	593.0M
Cash From Investing Activities	-138.0M	386.0M
Cash From Financing Activities	-706.0M	-1.056B
Net Change In Cash	-216.0M	-77.00M
YoY Change	-1450.0%	-92.38%
FREE CASH FLOW
Cash From Operating Activities	$628.0M	$593.0M
Capital Expenditures	$132.0M	$154.0M
Free Cash Flow	$496.0M	$439.0M
YoY Change	95.28%	33.84%

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value	Unit
	us-gaap	Operating Lease Right Of Use Asset Amortization Expense OperatingLeaseRightOfUseAssetAmortizationExpense	52000000	usd
	us-gaap	Operating Lease Right Of Use Asset Amortization Expense OperatingLeaseRightOfUseAssetAmortizationExpense	48000000	usd
	us-gaap	Deferred Income Taxes And Tax Credits DeferredIncomeTaxesAndTaxCredits	-256000000	usd
	us-gaap	Deferred Income Taxes And Tax Credits DeferredIncomeTaxesAndTaxCredits	-582000000	usd
	us-gaap	Payments For Proceeds From Other Investing Activities PaymentsForProceedsFromOtherInvestingActivities	92000000	usd
	us-gaap	Payments For Proceeds From Other Investing Activities PaymentsForProceedsFromOtherInvestingActivities	-5000000	usd
	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	251000000	usd
	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-1675000000	usd
	us-gaap	Repayments Of Debt RepaymentsOfDebt	750000000	usd
	us-gaap	Repayments Of Debt RepaymentsOfDebt	0	usd
	us-gaap	Proceeds From Issuance Of Shares Under Incentive And Share Based Compensation Plans Including Stock Options ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions	148000000	usd
	us-gaap	Proceeds From Issuance Of Shares Under Incentive And Share Based Compensation Plans Including Stock Options ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions	144000000	usd
	us-gaap	Payments For Repurchase Of Common Stock PaymentsForRepurchaseOfCommonStock	356000000	usd
	us-gaap	Payments For Repurchase Of Common Stock PaymentsForRepurchaseOfCommonStock	241000000	usd
	us-gaap	Payments Related To Tax Withholding For Share Based Compensation PaymentsRelatedToTaxWithholdingForShareBasedCompensation	226000000	usd
	us-gaap	Payments Related To Tax Withholding For Share Based Compensation PaymentsRelatedToTaxWithholdingForShareBasedCompensation	87000000	usd
	us-gaap	Proceeds From Payments For Other Financing Activities ProceedsFromPaymentsForOtherFinancingActivities	-1000000	usd
	us-gaap	Proceeds From Payments For Other Financing Activities ProceedsFromPaymentsForOtherFinancingActivities	0	usd
	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	-1185000000	usd
	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	-184000000	usd
	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect	180000000	usd
	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect	-994000000	usd
CY2023Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	3933000000	usd
CY2022Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	4835000000	usd
CY2024Q2	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	4113000000	usd
CY2023Q3	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	3841000000	usd
	us-gaap	Income Taxes Paid Net IncomeTaxesPaidNet	311000000	usd
	us-gaap	Income Taxes Paid Net IncomeTaxesPaidNet	46000000	usd
	us-gaap	Capital Expenditures Incurred But Not Yet Paid CapitalExpendituresIncurredButNotYetPaid	110000000	usd
	us-gaap	Capital Expenditures Incurred But Not Yet Paid CapitalExpendituresIncurredButNotYetPaid	99000000	usd
	us-gaap	Right Of Use Asset Obtained In Exchange For Operating Lease Liability RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability	53000000	usd
	us-gaap	Right Of Use Asset Obtained In Exchange For Operating Lease Liability RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability	50000000	usd
CY2024Q2	us-gaap	Stockholders Equity StockholdersEquity	56538000000	usd
CY2023Q3	us-gaap	Stockholders Equity StockholdersEquity	55136000000	usd
CY2024Q2	us-gaap	Stockholders Equity StockholdersEquity	56538000000	usd
CY2023Q3	us-gaap	Stockholders Equity StockholdersEquity	55136000000	usd
	us-gaap	Fiscal Period FiscalPeriod	<div style="margin-top:9pt;text-align:justify"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The Company uses a 52- or 53-week fiscal year ending on the last Saturday in December. The three and six months ended June 29, 2024 and July 1, 2023 each consisted of 13 weeks and 26 weeks, respectively.</span></div><div style="margin-top:9pt;text-align:justify"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%">Use of Estimates.</span><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> The preparation of consolidated financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of commitments and contingencies at the date of the financial statements and the reported amounts of revenues and expenses during the reporting periods. Actual results are likely to differ from those estimates, and such differences may be material to the financial statements. Areas where management uses judgment include, but are not limited to, revenue allowances, inventory valuation, valuation of goodwill, long-lived and intangible assets, and income taxes.</span></div>
CY2024Q2	us-gaap	Unbilled Contracts Receivable UnbilledContractsReceivable	1700000000	usd
CY2023Q4	us-gaap	Unbilled Contracts Receivable UnbilledContractsReceivable	1100000000	usd
CY2024Q2	us-gaap	Inventory Raw Materials Net Of Reserves InventoryRawMaterialsNetOfReserves	338000000	usd
CY2023Q4	us-gaap	Inventory Raw Materials Net Of Reserves InventoryRawMaterialsNetOfReserves	279000000	usd
CY2024Q2	us-gaap	Inventory Work In Process Net Of Reserves InventoryWorkInProcessNetOfReserves	3727000000	usd
CY2023Q4	us-gaap	Inventory Work In Process Net Of Reserves InventoryWorkInProcessNetOfReserves	3260000000	usd
CY2024Q2	us-gaap	Inventory Finished Goods Net Of Reserves InventoryFinishedGoodsNetOfReserves	926000000	usd
CY2023Q4	us-gaap	Inventory Finished Goods Net Of Reserves InventoryFinishedGoodsNetOfReserves	812000000	usd
CY2024Q2	us-gaap	Inventory Net InventoryNet	4991000000	usd
CY2023Q4	us-gaap	Inventory Net InventoryNet	4351000000	usd
CY2024Q2	us-gaap	Leasehold Improvements Gross LeaseholdImprovementsGross	834000000	usd
CY2023Q4	us-gaap	Leasehold Improvements Gross LeaseholdImprovementsGross	821000000	usd
CY2024Q2	us-gaap	Machinery And Equipment Gross MachineryAndEquipmentGross	2603000000	usd
CY2023Q4	us-gaap	Machinery And Equipment Gross MachineryAndEquipmentGross	2346000000	usd
CY2024Q2	us-gaap	Construction In Progress Gross ConstructionInProgressGross	217000000	usd
CY2023Q4	us-gaap	Construction In Progress Gross ConstructionInProgressGross	209000000	usd
CY2024Q2	us-gaap	Property Plant And Equipment Gross PropertyPlantAndEquipmentGross	3654000000	usd
CY2023Q4	us-gaap	Property Plant And Equipment Gross PropertyPlantAndEquipmentGross	3376000000	usd
CY2024Q2	us-gaap	Accumulated Depreciation Depletion And Amortization Property Plant And Equipment AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment	1988000000	usd
CY2023Q4	us-gaap	Accumulated Depreciation Depletion And Amortization Property Plant And Equipment AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment	1787000000	usd
CY2024Q2	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	1666000000	usd
CY2023Q4	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	1589000000	usd
CY2024Q2	amd	Customer Program Accruals CustomerProgramAccruals	1402000000	usd
CY2023Q4	amd	Customer Program Accruals CustomerProgramAccruals	788000000	usd
CY2024Q2	us-gaap	Accrued Marketing Costs Current AccruedMarketingCostsCurrent	828000000	usd
CY2023Q4	us-gaap	Accrued Marketing Costs Current AccruedMarketingCostsCurrent	827000000	usd
CY2024Q2	us-gaap	Employee Related Liabilities Current EmployeeRelatedLiabilitiesCurrent	755000000	usd
CY2023Q4	us-gaap	Employee Related Liabilities Current EmployeeRelatedLiabilitiesCurrent	884000000	usd
CY2024Q2	us-gaap	Other Accrued Liabilities Current OtherAccruedLiabilitiesCurrent	644000000	usd
CY2023Q4	us-gaap	Other Accrued Liabilities Current OtherAccruedLiabilitiesCurrent	583000000	usd
CY2024Q2	us-gaap	Accrued Liabilities Current AccruedLiabilitiesCurrent	3629000000	usd
CY2023Q4	us-gaap	Accrued Liabilities Current AccruedLiabilitiesCurrent	3082000000	usd
CY2024Q2	us-gaap	Revenue Remaining Performance Obligation RevenueRemainingPerformanceObligation	76000000	usd
CY2024Q2	amd	Us Gaap Revenue Remaining Performance Obligation12months UsGaap_RevenueRemainingPerformanceObligation12months	42000000	usd
CY2024Q2	us-gaap	Revenue Remaining Performance Obligation Expected Timing Of Satisfaction Period1 RevenueRemainingPerformanceObligationExpectedTimingOfSatisfactionPeriod1	P12M
CY2024Q2	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	5835000000	usd
CY2023Q3	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	5359000000	usd
	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	11308000000	usd
	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	10712000000	usd
CY2024Q2	us-gaap	Operating Income Loss OperatingIncomeLoss	269000000	usd
CY2023Q3	us-gaap	Operating Income Loss OperatingIncomeLoss	-20000000	usd
	us-gaap	Operating Income Loss OperatingIncomeLoss	305000000	usd
	us-gaap	Operating Income Loss OperatingIncomeLoss	-165000000	usd
CY2024Q2	us-gaap	Finite Lived Intangible Assets Gross FiniteLivedIntangibleAssetsGross	27502000000	usd
CY2024Q2	us-gaap	Finite Lived Intangible Assets Accumulated Amortization FiniteLivedIntangibleAssetsAccumulatedAmortization	7584000000	usd
CY2024Q2	us-gaap	Finite Lived Intangible Assets Net FiniteLivedIntangibleAssetsNet	19918000000	usd
CY2023Q4	us-gaap	Finite Lived Intangible Assets Gross FiniteLivedIntangibleAssetsGross	27502000000	usd
CY2023Q4	us-gaap	Finite Lived Intangible Assets Accumulated Amortization FiniteLivedIntangibleAssetsAccumulatedAmortization	6359000000	usd
CY2023Q4	us-gaap	Finite Lived Intangible Assets Net FiniteLivedIntangibleAssetsNet	21143000000	usd
CY2022Q1	us-gaap	Intangible Assets Gross Excluding Goodwill IntangibleAssetsGrossExcludingGoodwill	27722000000	usd
CY2024Q2	us-gaap	Finite Lived Intangible Assets Accumulated Amortization FiniteLivedIntangibleAssetsAccumulatedAmortization	7584000000	usd
CY2024Q2	us-gaap	Intangible Assets Net Excluding Goodwill IntangibleAssetsNetExcludingGoodwill	20138000000	usd
CY2023Q4	us-gaap	Intangible Assets Gross Excluding Goodwill IntangibleAssetsGrossExcludingGoodwill	27722000000	usd
CY2023Q4	us-gaap	Finite Lived Intangible Assets Accumulated Amortization FiniteLivedIntangibleAssetsAccumulatedAmortization	6359000000	usd
CY2023Q4	us-gaap	Intangible Assets Net Excluding Goodwill IntangibleAssetsNetExcludingGoodwill	21363000000	usd
CY2024Q2	us-gaap	Finite Lived Intangible Assets Amortization Expense Remainder Of Fiscal Year FiniteLivedIntangibleAssetsAmortizationExpenseRemainderOfFiscalYear	1146000000	usd
CY2024Q2	us-gaap	Finite Lived Intangible Assets Amortization Expense Next Twelve Months FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths	2145000000	usd
CY2024Q2	us-gaap	Finite Lived Intangible Assets Amortization Expense Year Two FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo	2034000000	usd
CY2024Q2	us-gaap	Finite Lived Intangible Assets Amortization Expense Year Three FiniteLivedIntangibleAssetsAmortizationExpenseYearThree	1922000000	usd
CY2024Q2	us-gaap	Finite Lived Intangible Assets Amortization Expense Year Four FiniteLivedIntangibleAssetsAmortizationExpenseYearFour	1846000000	usd
CY2024Q2	us-gaap	Finite Lived Intangible Assets Amortization Expense Year Five FiniteLivedIntangibleAssetsAmortizationExpenseYearFive	10825000000	usd
CY2024Q2	us-gaap	Finite Lived Intangible Assets Amortization Expense After Year Five FiniteLivedIntangibleAssetsAmortizationExpenseAfterYearFive	10825000000	usd
CY2024Q2	us-gaap	Finite Lived Intangible Assets Net FiniteLivedIntangibleAssetsNet	19918000000	usd
CY2024Q2	us-gaap	Debt Instrument Unamortized Discount Premium And Debt Issuance Costs Net DebtInstrumentUnamortizedDiscountPremiumAndDebtIssuanceCostsNet	-31000000	usd
CY2023Q4	us-gaap	Debt Instrument Unamortized Discount Premium And Debt Issuance Costs Net DebtInstrumentUnamortizedDiscountPremiumAndDebtIssuanceCostsNet	-32000000	usd
CY2024Q2	us-gaap	Debt Longterm And Shortterm Combined Amount DebtLongtermAndShorttermCombinedAmount	1719000000	usd
CY2023Q4	us-gaap	Debt Longterm And Shortterm Combined Amount DebtLongtermAndShorttermCombinedAmount	2468000000	usd
CY2024Q2	us-gaap	Long Term Debt Current LongTermDebtCurrent	0	usd
CY2023Q4	us-gaap	Long Term Debt Current LongTermDebtCurrent	751000000	usd
CY2024Q2	us-gaap	Long Term Debt Noncurrent LongTermDebtNoncurrent	1719000000	usd
CY2023Q4	us-gaap	Long Term Debt Noncurrent LongTermDebtNoncurrent	1717000000	usd
CY2024Q2	us-gaap	Available For Sale Debt Securities Amortized Cost Basis AvailableForSaleDebtSecuritiesAmortizedCostBasis	4479000000	usd
CY2024Q2	us-gaap	Available For Sale Debt Securities Accumulated Gross Unrealized Gain Before Tax AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedGainBeforeTax	0	usd
CY2024Q2	us-gaap	Available For Sale Debt Securities Accumulated Gross Unrealized Loss Before Tax AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedLossBeforeTax	4000000	usd
CY2024Q2	us-gaap	Available For Sale Securities Debt Securities AvailableForSaleSecuritiesDebtSecurities	4475000000	usd
CY2023Q4	us-gaap	Available For Sale Debt Securities Amortized Cost Basis AvailableForSaleDebtSecuritiesAmortizedCostBasis	5153000000	usd
CY2023Q4	us-gaap	Available For Sale Debt Securities Accumulated Gross Unrealized Gain Before Tax AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedGainBeforeTax	3000000	usd
CY2023Q4	us-gaap	Available For Sale Debt Securities Accumulated Gross Unrealized Loss Before Tax AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedLossBeforeTax	2000000	usd
CY2023Q4	us-gaap	Available For Sale Securities Debt Securities AvailableForSaleSecuritiesDebtSecurities	5154000000	usd
CY2024Q2	us-gaap	Available For Sale Securities Debt Maturities Next Rolling Twelve Months Amortized Cost Basis AvailableForSaleSecuritiesDebtMaturitiesNextRollingTwelveMonthsAmortizedCostBasis	2762000000	usd
CY2024Q2	us-gaap	Available For Sale Securities Debt Maturities Next Rolling Twelve Months Fair Value AvailableForSaleSecuritiesDebtMaturitiesNextRollingTwelveMonthsFairValue	2762000000	usd
CY2023Q4	us-gaap	Available For Sale Securities Debt Maturities Next Rolling Twelve Months Amortized Cost Basis AvailableForSaleSecuritiesDebtMaturitiesNextRollingTwelveMonthsAmortizedCostBasis	3792000000	usd
CY2023Q4	us-gaap	Available For Sale Securities Debt Maturities Next Rolling Twelve Months Fair Value AvailableForSaleSecuritiesDebtMaturitiesNextRollingTwelveMonthsFairValue	3792000000	usd
CY2024Q2	us-gaap	Available For Sale Securities Debt Maturities After One Through Five Years Amortized Cost AvailableForSaleSecuritiesDebtMaturitiesAfterOneThroughFiveYearsAmortizedCost	459000000	usd
CY2024Q2	us-gaap	Available For Sale Securities Debt Maturities After One Through Five Years Fair Value AvailableForSaleSecuritiesDebtMaturitiesAfterOneThroughFiveYearsFairValue	457000000	usd
CY2023Q4	us-gaap	Available For Sale Securities Debt Maturities After One Through Five Years Amortized Cost AvailableForSaleSecuritiesDebtMaturitiesAfterOneThroughFiveYearsAmortizedCost	361000000	usd
CY2023Q4	us-gaap	Available For Sale Securities Debt Maturities After One Through Five Years Fair Value AvailableForSaleSecuritiesDebtMaturitiesAfterOneThroughFiveYearsFairValue	364000000	usd
CY2024Q2	us-gaap	Equity Securities Without Readily Determinable Fair Value Amount EquitySecuritiesWithoutReadilyDeterminableFairValueAmount	245000000	usd
CY2023Q4	us-gaap	Equity Securities Without Readily Determinable Fair Value Amount EquitySecuritiesWithoutReadilyDeterminableFairValueAmount	155000000	usd
CY2024Q2	us-gaap	Net Income Loss NetIncomeLoss	265000000	usd
CY2023Q3	us-gaap	Net Income Loss NetIncomeLoss	27000000	usd
	us-gaap	Net Income Loss NetIncomeLoss	388000000	usd
	us-gaap	Net Income Loss NetIncomeLoss	-112000000	usd
CY2024Q2	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	1618000000	shares
CY2023Q3	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	1612000000	shares
	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	1617000000	shares
	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	1612000000	shares
CY2024Q2	amd	Incremental Common Shares And Warrant Attributable To Share Based Payment Arrangements IncrementalCommonSharesAndWarrantAttributableToShareBasedPaymentArrangements	19000000	shares
CY2023Q3	amd	Incremental Common Shares And Warrant Attributable To Share Based Payment Arrangements IncrementalCommonSharesAndWarrantAttributableToShareBasedPaymentArrangements	15000000	shares
	amd	Incremental Common Shares And Warrant Attributable To Share Based Payment Arrangements IncrementalCommonSharesAndWarrantAttributableToShareBasedPaymentArrangements	21000000	shares
	amd	Incremental Common Shares And Warrant Attributable To Share Based Payment Arrangements IncrementalCommonSharesAndWarrantAttributableToShareBasedPaymentArrangements	0	shares
CY2024Q2	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	1637000000	shares
CY2023Q3	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	1627000000	shares
	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	1638000000	shares
	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	1612000000	shares
CY2024Q2	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.16
CY2023Q3	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.02
	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.24
	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	-0.07
CY2024Q2	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.16
CY2023Q3	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.02
	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.24
	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	-0.07
CY2024Q2	srt	Stock Repurchase Program Authorized Amount1 StockRepurchaseProgramAuthorizedAmount1	12000000000	usd
CY2024Q2	us-gaap	Stock Repurchased During Period Value StockRepurchasedDuringPeriodValue	352000000	usd
	us-gaap	Stock Repurchased During Period Value StockRepurchasedDuringPeriodValue	356000000	usd
CY2024Q2	us-gaap	Stock Repurchase Program Remaining Authorized Repurchase Amount1 StockRepurchaseProgramRemainingAuthorizedRepurchaseAmount1	5200000000	usd
CY2024Q2	us-gaap	Allocated Share Based Compensation Expense AllocatedShareBasedCompensationExpense	346000000	usd
CY2023Q3	us-gaap	Allocated Share Based Compensation Expense AllocatedShareBasedCompensationExpense	348000000	usd
	us-gaap	Allocated Share Based Compensation Expense AllocatedShareBasedCompensationExpense	717000000	usd
	us-gaap	Allocated Share Based Compensation Expense AllocatedShareBasedCompensationExpense	657000000	usd
CY2024Q2	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	41000000	usd
	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	-11000000	usd
CY2024Q2	us-gaap	Effective Income Tax Rate Continuing Operations EffectiveIncomeTaxRateContinuingOperations	0.134
	us-gaap	Effective Income Tax Rate Continuing Operations EffectiveIncomeTaxRateContinuingOperations	-0.029
CY2023Q3	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	-23000000	usd
	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	-10000000	usd
CY2023Q3	us-gaap	Effective Income Tax Rate Continuing Operations EffectiveIncomeTaxRateContinuingOperations	-5.114
	us-gaap	Effective Income Tax Rate Continuing Operations EffectiveIncomeTaxRateContinuingOperations	0.080
CY2024Q2	us-gaap	Accrued Income Taxes Noncurrent AccruedIncomeTaxesNoncurrent	1500000000	usd
CY2023Q4	us-gaap	Accrued Income Taxes Noncurrent AccruedIncomeTaxesNoncurrent	1400000000	usd
CY2024Q2	us-gaap	Unrecorded Unconditional Purchase Obligation Balance On First Anniversary UnrecordedUnconditionalPurchaseObligationBalanceOnFirstAnniversary	3056000000	usd
CY2024Q2	us-gaap	Unrecorded Unconditional Purchase Obligation Balance On Second Anniversary UnrecordedUnconditionalPurchaseObligationBalanceOnSecondAnniversary	371000000	usd
CY2024Q2	us-gaap	Unrecorded Unconditional Purchase Obligation Balance On Third Anniversary UnrecordedUnconditionalPurchaseObligationBalanceOnThirdAnniversary	268000000	usd
CY2024Q2	us-gaap	Unrecorded Unconditional Purchase Obligation Balance On Fourth Anniversary UnrecordedUnconditionalPurchaseObligationBalanceOnFourthAnniversary	44000000	usd
CY2024Q2	us-gaap	Unrecorded Unconditional Purchase Obligation Balance On Fifth Anniversary UnrecordedUnconditionalPurchaseObligationBalanceOnFifthAnniversary	44000000	usd
CY2024Q2	us-gaap	Unrecorded Unconditional Purchase Obligation Due After Five Years UnrecordedUnconditionalPurchaseObligationDueAfterFiveYears	95000000	usd
CY2024Q2	us-gaap	Unrecorded Unconditional Purchase Obligation Balance Sheet Amount UnrecordedUnconditionalPurchaseObligationBalanceSheetAmount	3878000000	usd
CY2024Q2	us-gaap	Stock Repurchase Program Remaining Authorized Repurchase Amount1 StockRepurchaseProgramRemainingAuthorizedRepurchaseAmount1	5200000000	usd

Files In Submission

Name	View Source	Status
0000002488-24-000123-index-headers.html	Edgar Link	pending
0000002488-24-000123-index.html	Edgar Link	pending
0000002488-24-000123.txt	Edgar Link	pending
0000002488-24-000123-xbrl.zip	Edgar Link	pending
amd-20240629.htm	Edgar Link	pending
amd-20240629.xsd	Edgar Link	pending
amd-20240629_g1.jpg	Edgar Link	pending
amdlogoa.jpg	Edgar Link	pending
exh10_1guidoxofferxlettera.htm	Edgar Link	pending
exh10_2retirementtransitio.htm	Edgar Link	pending
exh311302certofceo-q210q24.htm	Edgar Link	pending
amd-20240629_cal.xml	Edgar Link	unprocessable
amd-20240629_def.xml	Edgar Link	unprocessable
amd-20240629_lab.xml	Edgar Link	unprocessable
amd-20240629_pre.xml	Edgar Link	unprocessable
amd-20240629_htm.xml	Edgar Link	completed
exh312302certofcfo-q210q24.htm	Edgar Link	pending
exh321906certofceo-q210q24.htm	Edgar Link	pending
exh322906certofcfo-q210q24.htm	Edgar Link	pending
Financial_Report.xlsx	Edgar Link	pending
MetaLinks.json	Edgar Link	pending
R1.htm	Edgar Link	pending
R10.htm	Edgar Link	pending
R11.htm	Edgar Link	pending
R12.htm	Edgar Link	pending
R13.htm	Edgar Link	pending
R14.htm	Edgar Link	pending
R15.htm	Edgar Link	pending
R16.htm	Edgar Link	pending
R17.htm	Edgar Link	pending
R18.htm	Edgar Link	pending
R19.htm	Edgar Link	pending
R2.htm	Edgar Link	pending
R20.htm	Edgar Link	pending
R21.htm	Edgar Link	pending
R22.htm	Edgar Link	pending
R23.htm	Edgar Link	pending
R24.htm	Edgar Link	pending
R25.htm	Edgar Link	pending
R26.htm	Edgar Link	pending
R27.htm	Edgar Link	pending
R28.htm	Edgar Link	pending
R29.htm	Edgar Link	pending
R3.htm	Edgar Link	pending
R30.htm	Edgar Link	pending
R31.htm	Edgar Link	pending
R32.htm	Edgar Link	pending
R33.htm	Edgar Link	pending
R34.htm	Edgar Link	pending
R35.htm	Edgar Link	pending
R36.htm	Edgar Link	pending
R37.htm	Edgar Link	pending
R38.htm	Edgar Link	pending
R39.htm	Edgar Link	pending
R4.htm	Edgar Link	pending
R40.htm	Edgar Link	pending
R41.htm	Edgar Link	pending
R42.htm	Edgar Link	pending
R43.htm	Edgar Link	pending
R44.htm	Edgar Link	pending
R45.htm	Edgar Link	pending
R46.htm	Edgar Link	pending
R47.htm	Edgar Link	pending
R5.htm	Edgar Link	pending
R6.htm	Edgar Link	pending
R7.htm	Edgar Link	pending
R8.htm	Edgar Link	pending
R9.htm	Edgar Link	pending
report.css	Edgar Link	pending
Show.js	Edgar Link	pending
FilingSummary.xml	Edgar Link	unprocessable

Create your account

Find Stocks Worth Researching

Deeply Understand Businesses

Value Businesses Intelligently

$AMD
ADVANCED MICRO DEVICES INC Stock $amd

2024 Q3 Form 10-Q Financial Statement

#000000248824000123 Filed on July 31, 2024

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$AMD ADVANCED MICRO DEVICES INC Stock $amd

2024 Q3 Form 10-Q Financial Statement

#000000248824000123 Filed on July 31, 2024

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$AMD
ADVANCED MICRO DEVICES INC Stock $amd