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

RECONCILIATION OF GAAP TO NON-GAAP MEASURES, Continued

  3rd Qtr. 2nd Qtr. 3rd Qtr.
  June 2,
2022
March 3,
2022
June 3,
2021
    
GAAP net cash provided by operating activities$3,838 $3,628 $3,560 
    
Expenditures for property, plant, and equipment (2,578) (2,611) (2,259)
Proceeds from sales of property, plant, and equipment 39  27  74 
Payments on equipment purchase contracts (27) (27) (16)
Amounts funded by partners 38  11  159 
Investments in capital expenditures, net (2,528) (2,600) (2,042)
Adjusted free cash flow $ 1,310   $ 1,028   $ 1,518  

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