Jason threw his hand into Freddy's gut, causing blood to gush out of Freddy's mouth.
Jason then with his other arm ripped Freddy's gloved handed arm out of its socket.
Freddy looked up at Jason and, in defiance, ran Jason's own machete into his chest.
Suddenly, the gas canisters exploded, the force causing Jason and Freddy to fly into the Crystal Lake.
Lori and Will then sit on the dock, feeling joyous. Then suddenly, a Freddy gets out of the lake, and walks towards them, stopping right in front of them. He looked down at them, wielding the machete. Lori and Will just looked up at Freddy, petrified.
Freddy raised the machete high, about to kill Lori and Will.
Suddenly however, Jason comes out of the lake and impales Freddy with his gloved hand. Jason then falls back into the lake, apparently too tired to continue.
Freddy then falls to his knees helplessly, dropping the machete. Lori then reaches forward and grabs the weapon. She gets up and looks down at Freddy. Freddy looks up at her, unable to move.
Lori raised the machete and shouted "Welcome to my world, bitch!"
Lori then swung the machete, which sliced through Freddy's neck, decapitating him, and causing a fountain of blood to flow from the wound.
Freddy's head fell into the lake, followed by the rest of Freddy's body.
Lori and Will looked down, watching as Freddy's head and body dropped to the bottom of Crystal Lake.
Later in the morning, Jason emerges from Crystal Lake, holding Freddy's severed head. He slowly makes his way to the shore. However, he doesn't see Freddy wink, showing that he was not defeated.