Intel Corporation
Supplemental Reconciliations of Other GAAP to Non-GAAP Forward-Looking Estimates
Set forth below are reconciliations of the non-GAAP financial measure to the most directly comparable US GAAP financial measure. These non-GAAP financial measures should not be considered a substitute for, or superior to, financial measures calculated in accordance with US GAAP, and the reconciliations should be carefully evaluated. Please refer to "Explanation of Non-GAAP Measures" in this document for a detailed explanation of the adjustments made to the comparable US GAAP measures, the ways management uses the non-GAAP measures, and the reasons why management believes the non-GAAP measures provide useful information for investors.
(In Billions) |
|
Full-Year 2024 |
|
Full-Year 2025 |
||||
|
|
Approximately |
|
Approximately |
||||
|
|
|
|
|
||||
GAAP additions to property, plant and equipment (gross capital expenditures) |
|
$ |
25.0 |
|
|
$20.0 - $23.0 |
||
Proceeds from capital-related government incentives |
|
|
(1.0 |
) |
|
(4.0 - 6.0) |
||
Partner contributions, net |
|
|
(13.0 |
) |
|
(4.0 - 5.0) |
||
Non-GAAP net capital spending |
|
$ |
11.0 |
|
|
$12.0 - $14.0 |
||
|
|
|
|
|
||||
GAAP R&D and MG&A |
|
|
|
$ |
20.0 |
|
||
Acquisition-related adjustments |
|
|
|
|
(0.1 |
) |
||
Share-based compensation |
|
|
|
|
(2.4 |
) |
||
Non-GAAP R&D and MG&A |
|
|
|
$ |
17.5 |
|||
View source version on businesswire.com: https://www.businesswire.com/news/home/20241031830925/en/
Contact:
Kylie Altman
Investor Relations
1-916-356-0320
kylie.altman@intel.com
Sophie Won
Media Relations
1-408-653-0475
sophie.won@intel.com
