Q3 FY19 Financial Results
GAAP to Non-GAAP Reconciliation
In millions; unaudited
GAAP COST OF REVENUE
Amortization of acquired intangible assets
Stock-based compensation expense
Charges related to cost saving initiatives
Manufacturing underutilization charges
NON-GAAP COST OF REVENUE
3/30/2018
$ 3,086
(235)
(11)
(1)
GAAP GROSS PROFIT
Amortization of acquired intangible assets
Stock-based compensation expense
Charges related to cost saving initiatives
$ 2,839
$ 1,927
235
11
1
Manufacturing underutilization charges
NON-GAAP GROSS PROFIT
GAAP OPERATING EXPENSES
Amortization of acquired intangible assets
Stock-based compensation expense
Employee termination, asset impairment and other charges
Acquisition-related charges
Charges related to cost saving initiatives
Other
NON-GAAP OPERATING EXPENSES
GAAP OPERATING INCOME (LOSS)
Cost of revenue adjustments
Operating expense adjustments
NON-GAAP OPERATING INCOME
GAAP INTEREST AND OTHER EXPENSE, NET
Convertible debt activity, net
Debt extinguishment costs
Other
NON-GAAP INTEREST AND OTHER EXPENSE, NET
THREE MONTHS ENDED
12/28/2018
3/29/2019
$ 3,189
(215)
$ 3,095
(188)
(13)
(13)
(6)
(49)
$ 2,906
$ 1,044
215
13
(148)
$ 2,746
$ 579
188
13
6
-
$ 2,174
$1,013
(41)
49
$ 1,327
148
$ 928
$ 868
$ 973
(41)
(41)
(91)
(66)
(71)
(35)
(20)
(76)
(2)
3
(2)
(3)
3
(1)
$ 850
$ 738
(40)
$ 742
$ 914
$ 176
$ (394)
247
283
349
163
130
231
$ 1,324
$ 589
$ 186
$ (1,042)
3
$ (95)
6
$ (83)
7
894
8
$ (137)
(4)
$ (93)
(12)
$ (88)
$ 104
(55)
$ 49
4/29/19
GAAP INCOME TAX EXPENSE (BENEFIT)
Income tax adjustments
$(189)
$ 568
259
(496)
NON-GAAP INCOME TAX EXPENSE
$ 70
$ 72
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