AMD Reports Fourth Quarter and Full Year 2021 Financial Results


(5)  Reconciliation of GAAP Net Cash Provided by Operating Activities to Free Cash Flow**


  Three Months Ended Year Ended
  December 25,
2021
 September 25,
2021
 December 26,
2020
 December 25,
2021
 December 26,
2020
GAAP net cash provided by operating activities $822  $849  $554  $3,521  $1,071 
Operating cash flow margin %  17%  20%  17%  21%  11%
Purchases of property and equipment  (86)  (85)  (74)  (301)  (294)
Free cash flow  $ 736     $ 764     $ 480     $ 3,220     $ 777  
Free cash flow margin %     15 %     18 %     15 %     20 %     8 %

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