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Freescale Semiconductor, Ltd.
Condensed Consolidated Statements of Operations
(Unaudited)
		Three Months Ended												Twelve Months Ended
(in millions, except per share amounts)		Dec 31, 2013				Sep 27, 2013				Dec 31, 2012				Dec 31, 2013				Dec 31, 2012
Net sales		$	1,082			$	1,085			$	957			$	4,186			$	3,945
Cost of sales			607				612				582				2,399				2,304
Gross margin			475				473				375				1,787				1,641
Selling, general and administrative			118				120				110				464				438
Research and development			195				191				186				755				742
Amortization expense for acquired intangible assets			3				3				3				13				13
Reorganization of business and other			14				2				20				24				(15	)
Operating earnings			145				157				56				531				463
Loss on extinguishment or modification of long-term debt			(135	)			(1	)			(1	)			(217	)			(32	)
Other expense, net			(119	)			(118	)			(127	)			(482	)			(531	)
(Loss) earnings before income taxes			(109	)			38				(72	)			(168	)			(100	)
Income tax expense (benefit)			9				15				(37	)			40				2
Net (loss) earnings		$	(118	)		$	23			$	(35	)		$	(208	)		$	(102	)
(Loss) earnings per common share:
Basic			($0.46	)		$	0.09				($0.14	)			($0.81	)			($0.41	)
Diluted (a)			($0.46	)		$	0.09				($0.14	)			($0.81	)			($0.41	)
Weighted average common shares outstanding:
Basic			258				258				249				256				248
Diluted			262				261				251				259				251

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