Quarterly and Annual Financial Reconciliation
Annual Adjusted EBITDA ($M)
($ in millions, unless otherwise stated)
Net income (loss)
2018
2019
2020
2021
2,258
272
80
1,906
Reconciling items to adjusted net income
Financial (income) expense
335
350
417
403
(Benefit) provision for income taxes
176
20
(83)
272
Depreciation
478
518
547
551
Amortization
1,509
1,529
1,441
711
Adjusted net income
4,756
2,689
2,402
3,843
Reconciling items to adjusted EBITDA
Results of equity-accounted investees
(59)
(1)
4
2
Purchase accounting effect on inventory
8
17
Restructuring
6
28
78
1
Stock-based compensation
314
346
384
353
Merger-related costs
(1,848)
33
8
Other incidental items
Trailing 12-month Adjusted EBITDA
(18)
(3)
(101)
33
3,151
3,100
2,792
4,232
1) Excluding amortization related to other incidental items
8
1.
Please refer to the NXP Historic Financial Model file found on the Financial Information page of the Investor Relations section of our website at www.nxp.com/investor for additional information relative to our Non-GAAP Financial MeasuresView entire presentation