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 R&D and MG&A |
|
$ 22.9 |
|
$ 20.1 |
|
Acquisition-related adjustments |
|
(0.2) |
|
(0.1) |
|
Share-based compensation |
|
(2.7) |
|
(2.5) |
|
Non-GAAP R&D and MG&A |
|
$ 20.0 |
|
$ 17.5 |
|
|
|
|
|
|
|
|
|
|
|
|
|
GAAP additions to property, plant and equipment (gross capital expenditures) |
|
$25.0 - $27.0 |
|
$20.0 - $23.0 |
|
Proceeds from capital-related government incentives |
|
(1.5 - 3.5) |
|
(4.0 - 6.0) |
|
Partner contributions |
|
(12.5) |
|
(4.0 - 5.0) |
|
Non-GAAP net capital spending |
|
$11.0 - 13.0 |
|
$12.0 - $14.0 |
View source version on businesswire.com: https://www.businesswire.com/news/home/20240801042170/en/
Kylie Altman
Investor Relations
1-916-356-0320
Email Contact
Penny Bruce
Media Relations
1-408-893-0601
Email Contact
Source: Intel Corporation
Released Aug 1, 2024 • 4:01 PM EDT
