Microchip Technology Announces Record Financial Results for Second Quarter of Fiscal Year 2022

RECONCILIATION OF GAAP CASH FLOW FROM OPERATIONS TO FREE CASH FLOW

 Three Months Ended September 30, Six Months Ended September 30,
 2021 2020 2021 2020
GAAP cash flow from operations, as reported$611.7   $455.8   $1,241.6   $957.6  
Capital expenditures(78.5)  (6.3)  (164.8)  (15.8) 
Free cash flow$533.2   $449.5   $1,076.8   $941.8  
Free cash flow as a percentage of net sales32.3 % 34.3 % 33.4  %   36.0   %

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