Micron Technology, Inc. Reports Results for the Third Quarter of Fiscal 2023

 
RECONCILIATION OF GAAP TO NON-GAAP MEASURES, Continued
 
  3rd Qtr. 2nd Qtr. 3rd Qtr.
  June 1,
2023
March 2,
2023
June 2,
2022
    
GAAP net cash provided by operating activities$24 $343 $3,838 
    
Expenditures for property, plant, and equipment (1,561) (2,205) (2,578)
Proceeds from sales of property, plant, and equipment 34  17  39 
Payments on equipment purchase contracts (36) (29) (27)
Amounts funded by partners 184  62  38 
Investments in capital expenditures, net (1,379) (2,155) (2,528)
Adjusted free cash flow $ (1,355 ) $ (1,812 ) $ 1,310  

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