BROADCOM CORPORATION

Unaudited Schedule of Selected GAAP to Non-GAAP Adjustments

(In millions)

Three Months Ended

Year Ended

December 31,

September 30,

December 31,

December 31,

2014

2014

2013

2014

2013

GAAP net income

$

390

$

98

$

168

$

652

$

424

Adjustments:

Amortization of purchased intangible assets

45

54

56

214

228

Amortization of acquired inventory step-up and inventory charges related to the exit of the cellular baseband business

—

(7)

—

27

1

Impairment of long-lived assets

14

200

—

404

511

Settlement costs (gains)

(4)

2

6

16

(69)

Other charges (gains), net

—

(1)

—

(60)

25

Restructuring costs, net

16

114

17

158

29

Other expense (income), net

3

—

—

6

(1)

Certain income tax expense (benefit)

(1)

1

—

(6)

(10)

Total GAAP to Non-GAAP adjustments

$

73

$

363

$

79

$

759

$

714

Non-GAAP net income (including stock-based compensation)

463

461

247

1,411

1,138

Stock-based compensation and related payroll taxes

99

108

119

444

524

Non-GAAP net income (excluding stock-based compensation)

$

562

$

569

$

366

$

1,855

$

1,662

Shares used in calculation - diluted (GAAP and Non-GAAP)

610

607

581

601

584

Non-GAAP adjustment *

16

20

25

23

28

Shares used in calculation - diluted (Non-GAAP) (excluding stock-based compensation)

626

627

606

624

612

GAAP diluted net income per share

$

0.64

$

0.16

$

0.29

$

1.08

$

0.73

Non-GAAP diluted net income per share

$

0.76

$

0.76

$

0.43

$

2.35

$

1.95

Non-GAAP diluted net income per share (excluding stock-based compensation)

$

0.90

$

0.91

$

0.60

$

2.97

$

2.72

*Represents the benefits of compensation costs attributable to future services and not yet recognized in the financial statements that are treated as proceeds assumed to be used to repurchase shares under the GAAP treasury stock method.