| (1 | ) | The Computing and Graphics segment, which primarily includes desktop and notebook processors and chipsets, discrete and integrated graphics processing units (GPUs), data center and professional GPUs and development services. From time to time, the Company may also sell or license portions of its IP portfolio. | |
| (2 | ) | The Enterprise, Embedded and Semi-Custom segment, which primarily includes server and embedded processors, semi-custom System-on-Chip (SoC) products, development services and technology for game consoles. From time to time, the Company may also sell or license portions of its IP portfolio. | |
| (3 | ) | All Other category primarily includes certain expenses and credits that are not allocated to any of the operating segments. Also included in this category is stock-based compensation expense. | |
| (4 | ) | Reconciliation of GAAP Net Income to Adjusted EBITDA* | |
| Three Months Ended | Nine Months Ended | |||||||||||||||||||
| September 26,
2020 | June 27,
2020 | September 28,
2019 | September 26,
2020 | September 28,
2019 | ||||||||||||||||
| GAAP net income | $ | 390 | $ | 157 | $ | 120 | $ | 709 | $ | 171 | ||||||||||
| Interest expense | 11 | 14 | 24 | 38 | 76 | |||||||||||||||
| Other (income) expense, net | 37 | (1 | ) | 36 | 32 | 40 | ||||||||||||||
| Income tax provision (benefit) | 12 | 4 | 7 | 22 | (4 | ) | ||||||||||||||
| Equity income in investee | (1 | ) | (1 | ) | (1 | ) | (2 | ) | — | |||||||||||
| Stock-based compensation | 76 | 60 | 54 | 195 | 140 | |||||||||||||||
| Depreciation and amortization | 82 | 72 | 60 | 222 | 158 | |||||||||||||||
| Loss contingency on legal matter | — | — | — | — | 12 | |||||||||||||||
| Adjusted EBITDA | $ | 607 | $ | 305 | $ | 300 | $ | 1,216 | $ | 593 | ||||||||||
