1. Oxidation of fuel molecules such as glucose, fatty acids, and amino acids
2. The common intermediate is acetyl CoA
3. The carbon atoms of the acetyl unit are completely oxidized to CO2 by the citric acid cycle with the formation of NADH and FADH2
4. These electron carriers then transfer their electrons to the respiratory chain
5. The subsequent flow of electrons to O2 leads to the pumping of protons across the inner mitochondrial membrane which is then used to synthesize ATP
6. Glycolysis also generates ATP, but the amount formed is much smaller than what is obtained in oxidative phosphorylation