v3.25.1

Related-Party Transactions | 3 Months Ended
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Mar. 30, 2025
Related Party Transactions [Abstract] |
Related-Party Transactions | Related-Party Transactions The Company's related parties are the members of the board of directors of NXP Semiconductors N.V., the executive officers of NXP Semiconductors N.V. and equity-accounted investees. The following table presents the amounts related to revenue and other income and purchase of goods and services incurred in transactions with these related parties:
|  |  | For the three months ended
|  |  |  |  | March 30, 2025 |  | March 31, 2024
Revenue and other income |  |  |  |  | 1 |  |  | 1 |
Purchase of goods and services |  |  |  |  | 1 |  |  | 1 |
The following table presents the amounts related to receivable and payable balances with these related parties:
| March 30, 2025 |  | December 31, 2024
Receivables | — |  |  | 1 |
Payables | 2 |  |  | 3 |
Driven by our investment in VSMC, NXP has committed to contribute $1,200 million to support the long-term capacity infrastructure, and in exchange NXP secures a capacity commitment over the lifetime of the factory. NXP has contributed $125 million during the three months ended March 30, 2025 and $400 million to-date, which is recorded in other non-current assets. Refer to Note 4 – Supplemental Financial Information for information on the total carrying value of investments in equity-accounted investees, and to Note 11 – Commitments and Contingencies for NXP’s related party commitments.

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