| RECONCILIATION OF GAAP TO NON-GAAP MEASURES, Continued | |||||||||
| 3rd Qtr. | 2nd Qtr. | 3rd Qtr. | |||||||
|
June 1,
2023 |
March 2,
2023 |
June 2,
2022 | |||||||
| GAAP net cash provided by operating activities | $ | 24 | $ | 343 | $ | 3,838 | |||
| Expenditures for property, plant, and equipment | (1,561 | ) | (2,205 | ) | (2,578 | ) | |||
| Proceeds from sales of property, plant, and equipment | 34 | 17 | 39 | ||||||
| Payments on equipment purchase contracts | (36 | ) | (29 | ) | (27 | ) | |||
| Amounts funded by partners | 184 | 62 | 38 | ||||||
| Investments in capital expenditures, net | (1,379 | ) | (2,155 | ) | (2,528 | ) | |||
| Adjusted free cash flow | $ | (1,355 | ) | $ | (1,812 | ) | $ | 1,310 | |
Micron Technology, Inc. Reports Results for the Third Quarter of Fiscal 2023
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