Re: did not see "depreciation" anywhere.
For Intel freeedgar.com
Item 1. Financial Statements (continued)
Intel Corporation
Consolidated Condensed Statements of Cash Flows (unaudited)
Three Months Ended
March 31, April 1,
(in millions) 2001 2000
Cash flows provided by (used for) operating activities:
Net income $ 485 $ 2,696
Adjustments to reconcile net income to net cash provided by (used for)
operating activities:
Depreciation 934 897
Amortization of goodwill and other acquisition-related intangibles 585 313
and costs
Purchased in-process research and development 75 62
Gains on equity investments, net -- (449)
Net loss on retirements of property, plant and equipment 21 15
Deferred taxes (20) (115)
Changes in assets and liabilities:
Accounts receivable 734 40
Inventories (374) (44)
Accounts payable (68) 370
Accrued compensation and benefits (929) (681)
Income taxes payable (427) (164)
Tax benefit from employee stock plans 69 302
Other assets and liabilities 96 39
Total adjustments 696 585
Net cash provided by operating activities 1,181 3,281
Cash flows provided by (used for) investing activities:
Additions to property, plant and equipment (2,664) (1,074)
Acquisitions, net of cash acquired (498) (1,406)
Purchases of available-for-sale investments (2,438) (2,227)
Maturities and sales of available-for-sale investments 5,221 4,900
Other investing activities (167) (293)
Net cash used for investing activities (546) (100)
Cash flows provided by (used for) financing activities:
Increase in short-term debt, net 87 143
Additions to long-term debt 11 --
Retirement of long-term debt -- (46)
Proceeds from sales of shares through employee stock plans and other 287 331
Repurchase and retirement of common stock (1,001) (1,000)
Payment of dividends to stockholders (134) (100)
Net cash used for financing activities (750) (672)
Net increase (decrease) in cash and cash equivalents $ (115) $ 2,509
For AMD freeedgar.com
Quarter Ended
---------------------------
April 1, April 2,
2001 2000
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<S> <C> <C>
Cash flows from operating activities:
Net income $ 124,837 $ 189,349
Adjustments to reconcile net income to net cash
provided by operating activities:
Depreciation and amortization 152,933 127,892
Net change in deferred income taxes 23,422 (515)
Foreign grant and subsidy income (10,937) (11,711)
Net loss (gain) on disposal of property, plant and equipment 4,119 (3,035)
Undistributed (income) loss of joint venture (13,183) 969
Recognition of deferred gain on sale of building (421) (420)
Net compensation recognized under employee stock plans 984 1,053
Changes in operating assets and liabilities:
(Increase) decrease in accounts receivable (55,160) 24,405
(Increase) in inventories (11,131) (6,752)
(Increase) decrease in prepaid expenses (2,506) 692
Decrease (increase) in other assets 92,978 (4,926)
Increase (decrease) in tax refund receivable and tax payable 7,152 (6,547)
(Refund) receipt of customer deposits under purchase agreements (30,000) 100,000
(Decrease) increase in payables and accrued liabilities (107,473) 199,623
(Decrease) in accrued compensation (33,338) (223,314)
Income tax benefits from employee stock option exercises 4,480 -
---------- ---------
Net cash provided by operating activities 146,756 386,763
Cash flows from investing activities:
Purchases of property, plant and equipment (162,713) (129,027)
Proceeds from sale of property, plant and equipment 299 9,049
Purchases of available-for-sale securities (743,835) (729,799)
Proceeds from sale/maturity of available-for-sale securities 886,956 495,666
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Net cash provided by (used in) investing activities (19,293) (354,111)
Cash flows from financing activities:
Proceeds from borrowings 330,138 3,598
Payments on debt and capital lease obligations (2,778) (4,246)
Proceeds from issuance of stock and other 10,858 51,557
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Net cash provided by financing activities 338,218 50,909
Effect of exchange rate changes on cash and cash equivalents (1,362) 2,468
---------- ---------
Net increase in cash and cash equivalents 464,319 86,029
Cash and cash equivalents at beginning of period 591,457 294,125
--------- ---------
Cash and cash equivalents at end of period $1,055,776 $ 380,154 |
