Micron Technology, Inc. Reports Results for the Second Quarter of Fiscal 2022

RECONCILIATION OF GAAP TO NON-GAAP MEASURES, Continued

  2nd Qtr. 1st Qtr. 2nd Qtr.
  March 3,
2022
December 2,
2021
March 4,
2021
    
GAAP net cash provided by operating activities$3,628 $3,938 $3,057 
    
Expenditures for property, plant, and equipment (2,611) (3,265) (3,018)
Proceeds from sales of property, plant, and equipment 27  21  18 
Payments on equipment purchase contracts (27) (78) (26)
Amounts funded by partners 11  55  143 
Investments in capital expenditures, net (2,600) (3,267) (2,883)
Adjusted free cash flow$ 1,028   $ 671   $ 174  

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