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  "documentTitle": "GlobalFoundries | Results Presentation Deck | 27 slides",
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  "authorName": "GlobalFoundries",
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  "presentationDate": "2025-02-01 00:00:00",
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      "text": "(2) Beginning Q1 2024 Non-IFRS adjusted free cash flow includes proceeds from government grants related to capital expenditures. This change in methodology is in anticipation of future expected proceeds from government grants related to capital expenditures from the planned funding awarded under the U.S. CHIPS and Science Act and the New York State Green CHIPS, and better aligns our Non-IFRS adjusted free cash flow metric to how GF assesses capital decisions internally. As such, prior periods have not been adjusted to reflect this new calculation methodology.",
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      "text": "(1) Non-IFRS adjusted free cash flow is a Non-IFRS measure. See the Appendix for a discussion of why we believe these Non-IFRS measures are useful.",
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      "text": "(Unaudited, in millions)",
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      "text": "Three Months Ended\nDecember 31, 2024\nSeptember 30, 2024\nDecember 31, 2023\nTwelve Months Ended\nDecember 31, 2024\nDecember 31, 2023\nNet cash provided by operating activities $457 $375 $684 $1,722 $2,125\nLess: Purchases of property, plant and equipment and intangible assets (135) (162) (228) (625) (1,804)\nAdd: Proceeds from government grants (2) 6 3 — 10 —\nNon-IFRS adjusted free cash flow (1) $328 $216 $456 $1,107 $321",
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      "text": "IFRS to Non-IFRS Reconciliation Adjusted Free Cash Flow",
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