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Supplemental Financial Information (Tables)
 9 Months Ended
Oct. 02, 2022
Organization, Consolidation and Presentation of Financial Statements [Abstract]  
Disaggregation of revenue
The following table presents revenue disaggregated by sales channel:
For the three months endedFor the nine months ended
October 2, 2022October 3, 2021October 2, 2022October 3, 2021
Distributors1,876 1,631 5,385 4,617 
Original Equipment Manufacturers and Electronic Manufacturing Services1,525 1,191 4,378 3,295 
Other
44 39 130 112 
Total3,445 2,861 9,893 8,024 
Depreciation Amortization And Impairment Charges [Table Text Block]
For the three months endedFor the nine months ended
October 2, 2022October 3, 2021October 2, 2022October 3, 2021
Depreciation of property, plant and equipment156 139 447 406 
Amortization of internal use software3 1 9 5 
Amortization of other identified intangible assets 1)
162 166 492 541 
Total - Depreciation, amortization and impairment321 306 948 952 
1) For the nine month period ending October 3, 2021, the amount includes an impairment charge as a result of the discontinuation of an IPR&D project for an amount of $36 million.
Schedule of financial income and expense
For the three months endedFor the nine months ended
October 2, 2022October 3, 2021October 2, 2022October 3, 2021
Interest income21 1 29 3 
Interest expense(109)(96)(319)(273)
Total interest expense, net(88)(95)(290)(270)
Extinguishment of debt— — (18)— 
Foreign exchange rate results(1)3 2 3 
Miscellaneous financing costs/income and other, net(9)(1)(25)(13)
Total other financial income/ (expense)(10)2 (41)(10)
Total - Financial income and expenses(98)(93)(331)(280)
Schedule of earnings per share
The computation of earnings per share (EPS) is presented in the following table:
For the three months endedFor the nine months ended
October 2, 2022October 3, 2021October 2, 2022October 3, 2021
Net income (loss)750 526 2,099 1,296 
Less: net income (loss) attributable to non-controlling interests12 7 34 27 
Net income (loss) attributable to stockholders738 519 2,065 1,269 
Weighted average number of shares outstanding (after deduction of treasury shares) during the year (in thousands)262,180 266,557 262,620 272,314 
Plus incremental shares from assumed conversion of:
Options 1)
275 378 297 397 
Restricted Share Units, Performance Share Units and Equity Rights 2)
2,250 4,424 1,921 5,175 
Dilutive potential common shares2,525 4,802 2,218 5,572 
Adjusted weighted average number of shares outstanding (after deduction of treasury shares) during the year (in thousands)264,705 271,359 264,838 277,886 
EPS attributable to stockholders in $:
Basic net income (loss)2.81 1.95 7.86 4.66 
Diluted net income (loss)2.79 1.91 7.80 4.57 
1)    There were no stock options to purchase shares of NXP’s common stock that were outstanding in Q3 2022 and YTD 2022 (Q3 2021 and YTD 2021: no shares) that were anti-dilutive and were not included in the computation of diluted EPS because the exercise price was greater than the average fair market value of the common stock or the number of shares assumed to be repurchased using the proceeds of unrecognized compensation expense and exercise prices were greater than the weighted average number of shares underlying outstanding stock options.
2)    There were 0.3 million unvested RSUs, PSUs and equity rights that were outstanding in Q3 2022 and 0.3 million outstanding YTD 2022 (Q3 2021 and YTD 2021: no shares) that were anti-dilutive and were not included in the computation of diluted EPS because the number of shares assumed to be repurchased using the proceeds of unrecognized compensation expense were greater than the weighted average number of outstanding unvested RSUs, PSUs and equity rights or the performance goal has not been met yet.
Schedule of inventories
Inventories are summarized as follows:
October 2, 2022December 31, 2021
Raw materials140 107 
Work in process1,133 846 
Finished goods308 236 
1,581 1,189 
Marketable Securities
At October 2, 2022 and December 31, 2021, the total carrying value of investments in equity securities is summarized as follows:
October 2, 2022December 31, 2021
Marketable equity securities7 18 
Non-marketable equity securities14 19 
Equity-accounted investments81 75 
102 112 
Summary of Carrying Value of Investments in Equity-Accounted Investees
The total carrying value of investments in equity-accounted investees is summarized as follows:
October 2, 2022December 31, 2021
Shareholding %AmountShareholding %Amount
SMART Growth Fund, L.P.1)
8.41 %44 8.41 %31 
Others— 37 — 44 
81 75 
1) Previously named “Wise Road Industry Investment Fund I, L.P.”
Results Relating to Equity-Accounted Investees
Results related to equity-accounted investees at the end of each period were as follows:
For the three months endedFor the nine months ended
October 2, 2022October 3, 2021October 2, 2022October 3, 2021
Company's share in income (loss)(5)4 3 1 
Other results1 (1)2 (1)
(4)3 5 — 
Other Current Liabilities
Other current liabilities at October 2, 2022 and December 31, 2021 consisted of the following:
October 2, 2022December 31, 2021
Accrued compensation and benefits508 476 
Income taxes payable232 82 
Dividend payable221 149 
Other716 468 
1,677 1,175 
Schedule of accumulated other comprehensive income (loss) The after-tax components of accumulated other comprehensive income (loss) and their corresponding changes are shown below:
Currency 
translation
differences		Change in fair 
value
cash flow hedges		Net actuarial
gain/(losses)		Accumulated 
Other
Comprehensive
Income (loss)
As of December 31, 2021207 — (159)48 
Other comprehensive income (loss) before
   reclassifications		(165)(53)— (218)
Amounts reclassified out of accumulated other
   comprehensive income (loss)		— 19 — 19 
Tax effects— 9 — 9 
Other comprehensive income (loss)(165)(25)— (190)
As of October 2, 202242 (25)(159)(142)
Schedule of cash dividends
The following dividends were declared during the first three quarters of 2022 and 2021 under NXP’s quarterly dividend program:

Fiscal year 2022Fiscal year 2021
Dividend per shareAmountDividend per shareAmount
First quarter0.845 222 0.5625 155 
Second quarter0.845 222 0.5625 152 
Third quarter0.845 221 0.5625 150