NXP Semiconductors
Table 7: Financial Reconciliation
of GAAP to non-GAAP Results relating to equity-accounted investees (unaudited)
| ($ in millions) | Three months ended | ||||||||||
| September 29, 2024 | June 30, 2024 | October 1, 2023 | |||||||||
| GAAP Results relating to equity-accounted investees | $ | (6 | ) | $ | (3 | ) | $ | (2 | ) | ||
| Results of equity-accounted investees, excluding Foundry investees1 | (6 | ) | (3 | ) | (2 | ) | |||||
| Non-GAAP Results relating to equity-accounted investees | $ | — | $ | — | $ | — | |||||
| Additional Information: | |||||||||||
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NXP Semiconductors
Table 8: Adjusted EBITDA and Free Cash Flow (unaudited)
| ($ in millions) | Three months ended | ||||||||||
| September 29, 2024 | June 30, 2024 | October 1, 2023 | |||||||||
| GAAP Net income (loss) | $ | 729 | $ | 664 | $ | 792 | |||||
| Reconciling items to EBITDA (Non-GAAP) | |||||||||||
| Financial (income) expense | 82 | 75 | 75 | ||||||||
| (Benefit) provision for income taxes | 173 | 154 | 123 | ||||||||
| Depreciation | 149 | 146 | 163 | ||||||||
| Amortization | 69 | 67 | 110 | ||||||||
| EBITDA (Non-GAAP) | $ | 1,202 | $ | 1,106 | $ | 1,263 | |||||
| Reconciling items to adjusted EBITDA (Non-GAAP) | |||||||||||
| Results of equity-accounted investees, excluding Foundry investees 1 | 6 | 3 | 2 | ||||||||
| Restructuring | — | 6 | (4 | ) | |||||||
| Share-based compensation | 115 | 114 | 103 | ||||||||
| Other incidental items | 6 | 14 | 27 | ||||||||
| Adjusted EBITDA (Non-GAAP) | $ | 1,329 | $ | 1,243 | $ | 1,391 | |||||
| Trailing twelve month adjusted EBITDA (Non-GAAP) | 5,235 | 5,297 | 5,384 | ||||||||
| Additional Information: | |||||||||||
| |||||||||||
| ($ in millions) | Three months ended | ||||||||||
| September 29, 2024 | June 30, 2024 | October 1, 2023 | |||||||||
| Net cash provided by (used for) operating activities | $ | 779 | $ | 761 | $ | 988 | |||||
| Net capital expenditures on property, plant and equipment | (186 | ) | (184 | ) | (200 | ) | |||||
| Non-GAAP free cash flow | $ | 593 | $ | 577 | $ | 788 | |||||
| Trailing twelve month non-GAAP free cash flow | $ | 2,759 | $ | 2,954 | $ | 2,568 | |||||
| Trailing twelve month non-GAAP free cash flow as percent of Revenue | 21 | % | 23 | % | 20 | % | |||||
