1. Glycolysis (in cytoplasm, no oxygen required, 2 ATP produced, 2 NADH produced)
2. Transition/link/preparation reaction (in mitochondrial matrix, pyruvate oxidized to acetyl CoA, CO2 and NADH produced)
3. Krebs cycle (in mitochondrial matrix, CO2, NADH and FADH2 produced, 2 ATP produced)
4. Electron transport chain (in mitochondrial cristae, electrons passed along carriers, protons pumped into intermembrane space, ATP synthase uses proton gradient to produce ATP)