AMD Reports Second Quarter 2021 Financial Results


(1) During the first quarter of 2021, the Company adopted ASU 2019-12, Income Taxes (Topic 740): Simplifying the Accounting for Income Taxes, using the modified retrospective adoption method, which resulted in $8 million of deferred tax liability associated with book-tax differences in a foreign equity method investment recognized in Accumulated deficit.
   
   


ADVANCED MICRO DEVICES, INC.
SELECTED CASH FLOW INFORMATION
(Millions) (Unaudited)
     
  Three Months Ended Six Months Ended
  June 26,
2021
 March 27,
2021
 June 27,
2020
 June 26,
2021
 June 27,
2020
Net cash provided by (used in)          
Operating activities $952  $898  $243  $1,850  $178 
Investing activities $119  $(722) $(36) $(603) $(109)
Financing activities $(211) $(8) $238    $ (219 )   $ 240  
                                         

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