Advanced Micro Devices Inc., adjusted total assets

US$ in millions

	Dec 28, 2024	Dec 30, 2023	Dec 31, 2022	Dec 25, 2021	Dec 26, 2020
As Reported
Total assets	69,226)	67,885)	67,580)	12,419)	8,962)
Adjustments
Add: Operating lease right-of-use asset (before adoption of FASB Topic 842)¹	—)	—)	—)	—)	—)
Less: Deferred tax assets²	688)	366)	58)	931)	1,245)
After Adjustment
Adjusted total assets	68,538)	67,519)	67,522)	11,488)	7,717)

¹ Operating lease right-of-use asset (before adoption of FASB Topic 842). See details »

² Deferred tax assets. See details »

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Advanced Micro Devices Inc., adjusted total liabilities

US$ in millions

	Dec 28, 2024	Dec 30, 2023	Dec 31, 2022	Dec 25, 2021	Dec 26, 2020
As Reported
Total liabilities	11,658)	11,993)	12,830)	4,922)	3,125)
Adjustments
Add: Operating lease liability (before adoption of FASB Topic 842)¹	—)	—)	—)	—)	—)
Less: Deferred tax liabilities²	349)	1,202)	1,934)	12)	11)
Less: Liability for product warranty	188)	85)	65)	51)	37)
Less: Liabilities related to the 2024 Restructuring Plan	89)	—)	—)	—)	—)
After Adjustment
Adjusted total liabilities	11,032)	10,706)	10,831)	4,859)	3,077)

¹ Operating lease liability (before adoption of FASB Topic 842). See details »

² Deferred tax liabilities. See details »

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Advanced Micro Devices Inc., adjusted stockholders’ equity

US$ in millions

	Dec 28, 2024	Dec 30, 2023	Dec 31, 2022	Dec 25, 2021	Dec 26, 2020
As Reported
Stockholders’ equity	57,568)	55,892)	54,750)	7,497)	5,837)
Adjustments
Less: Net deferred tax assets (liabilities)¹	339)	(836)	(1,876)	919)	1,234)
Add: Liability for product warranty	188)	85)	65)	51)	37)
Add: Liabilities related to the 2024 Restructuring Plan	89)	—)	—)	—)	—)
After Adjustment
Adjusted stockholders’ equity	57,506)	56,813)	56,691)	6,629)	4,640)

¹ Net deferred tax assets (liabilities). See details »

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Advanced Micro Devices Inc., adjusted capitalization table

US$ in millions

	Dec 28, 2024	Dec 30, 2023	Dec 31, 2022	Dec 25, 2021	Dec 26, 2020
As Reported
Current portion of long-term debt, net	—)	751)	—)	312)	—)
Long-term debt, net of current portion	1,721)	1,717)	2,467)	1)	330)
Total reported debt	1,721)	2,468)	2,467)	313)	330)
Stockholders’ equity	57,568)	55,892)	54,750)	7,497)	5,837)
Total reported capital	59,289)	58,360)	57,217)	7,810)	6,167)
Adjustments to Debt
Add: Operating lease liability (before adoption of FASB Topic 842)¹	—)	—)	—)	—)	—)
Add: Operating lease liabilities, current portion (included in Other current liabilities)²	109)	106)	93)	71)	41)
Add: Long-term operating lease liabilities³	491)	535)	396)	348)	201)
Adjusted total debt	2,321)	3,109)	2,956)	732)	572)
Adjustments to Equity
Less: Net deferred tax assets (liabilities)⁴	339)	(836)	(1,876)	919)	1,234)
Add: Liability for product warranty	188)	85)	65)	51)	37)
Add: Liabilities related to the 2024 Restructuring Plan	89)	—)	—)	—)	—)
Adjusted stockholders’ equity	57,506)	56,813)	56,691)	6,629)	4,640)
After Adjustment
Adjusted total capital	59,827)	59,922)	59,647)	7,361)	5,212)

¹ Operating lease liability (before adoption of FASB Topic 842). See details »

² Operating lease liabilities, current portion (included in Other current liabilities). See details »

³ Long-term operating lease liabilities. See details »

⁴ Net deferred tax assets (liabilities). See details »

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Advanced Micro Devices Inc., adjusted net income

US$ in millions

12 months ended:	Dec 28, 2024	Dec 30, 2023	Dec 31, 2022	Dec 25, 2021	Dec 26, 2020
As Reported
Net income	1,641)	854)	1,320)	3,162)	2,490)
Adjustments
Add: Deferred income tax expense (benefit)¹	(1,163)	(1,019)	(1,505)	308)	(1,223)
Add: Increase (decrease) in liability for product warranty	103)	20)	14)	14)	22)
Add: Increase (decrease) in liabilities related to the 2024 Restructuring Plan	89)	—)	—)	—)	—)
Add: Other comprehensive income (loss)	(59)	31)	(38)	(20)	17)
After Adjustment
Adjusted net income	611)	(114)	(209)	3,464)	1,306)

¹ Deferred income tax expense (benefit). See details »

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Advanced Micro Devices Inc. (NASDAQ:AMD)

Adjustments to Financial Statements