NXP Semiconductors
Table 7: Adjusted EBITDA and Free Cash Flow (unaudited)
| ($ in millions) | Three months ended | ||||||||||
| June 30, 2024 | March 31, 2024 | July 2, 2023 | |||||||||
| GAAP Net income (loss) | $ | 664 | $ | 644 | $ | 704 | |||||
| Reconciling items to EBITDA (Non-GAAP) | |||||||||||
| Financial (income) expense | 75 | 70 | 74 | ||||||||
| (Benefit) provision for income taxes | 154 | 141 | 158 | ||||||||
| Depreciation | 146 | 145 | 162 | ||||||||
| Amortization | 67 | 90 | 119 | ||||||||
| EBITDA (Non-GAAP) | $ | 1,106 | $ | 1,090 | $ | 1,217 | |||||
| Reconciling items to adjusted EBITDA (Non-GAAP) | |||||||||||
| Results of equity-accounted investees | 3 | 1 | 1 | ||||||||
| Restructuring | 6 | 7 | — | ||||||||
| Share-based compensation | 114 | 115 | 102 | ||||||||
| Other incidental items | 14 | 39 | 21 | ||||||||
| Adjusted EBITDA (Non-GAAP) | $ | 1,243 | $ | 1,252 | $ | 1,341 | |||||
| Trailing twelve month adjusted EBITDA (Non-GAAP) | 5,297 | 5,395 | 5,437 | ||||||||
| ($ in millions) | Three months ended | ||||||||||
| June 30, 2024 | March 31, 2024 | July 2, 2023 | |||||||||
| Net cash provided by (used for) operating activities | $ | 761 | $ | 851 | $ | 756 | |||||
| Net capital expenditures on property, plant and equipment | (184 | ) | (224 | ) | (200 | ) | |||||
| Non-GAAP free cash flow | $ | 577 | $ | 627 | $ | 556 | |||||
| Trailing twelve month non-GAAP free cash flow | $ | 2,954 | $ | 2,933 | $ | 2,643 | |||||
|
Trailing twelve month non-GAAP free cash flow
as percent of Revenue | 23 | % | 22 | % | 20 | % | |||||
