v3.26.1

Condensed Consolidated Balance Sheets - USD ($) $ in Millions	Mar. 28, 2026	Dec. 27, 2025
Current assets:
Cash and cash equivalents	$ 5,585	$ 5,539
Short-term investments	6,762	5,013
Accounts receivable, net	6,035	6,315
Inventories	8,045	7,920
Prepaid expenses and other current assets	2,201	2,160
Total current assets	28,628	26,947
Property and equipment, net	2,723	2,312
Goodwill	25,344	25,126
Acquisition-related intangibles, net	16,154	16,705
Deferred tax assets	476	384
Other non-current assets	6,317	5,452
Total assets	79,642	76,926
Current liabilities:
Accounts payable	2,997	2,929
Accrued liabilities	5,785	5,250
Current portion of long-term debt, net	874	874
Other current liabilities	850	402
Total current liabilities	10,506	9,455
Long-term debt, net	2,350	2,348
Long-term operating lease liabilities	647	625
Deferred tax liabilities	307	313
Other long-term liabilities	1,370	1,186
Commitments and contingencies (See Note 10)
Capital stock:
Common stock, par value $0.01; shares authorized: 4,000; shares issued: 1,697 and 1,695; shares outstanding: 1,630 and 1,630	17	17
Additional paid-in capital	63,856	63,365
Treasury stock, at cost (shares held: 67 and 65)	(7,421)	(7,079)
Retained earnings	8,082	6,699
Accumulated other comprehensive loss	(72)	(3)
Total stockholders’ equity	64,462	62,999
Total liabilities and stockholders’ equity	$ 79,642	$ 76,926

Carrying value as of the balance sheet date of liabilities incurred (and for which invoices have typically been received) and payable to vendors for goods and services received that are used in an entity's business. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer).

ADVANCED MICRO DEVICES INC 10-Q