diff --git a/source/slang/slang-ir-eliminate-phis.cpp b/source/slang/slang-ir-eliminate-phis.cpp
index 1ea1673f47a..a16446319d0 100644
--- a/source/slang/slang-ir-eliminate-phis.cpp
+++ b/source/slang/slang-ir-eliminate-phis.cpp
@@ -569,6 +569,10 @@ struct PhiEliminationContext
             // to keep `param` around.
             //
             param->removeAndDeallocate();
+
+            // Avoid referencing `param` after it's been deallocated. There
+            // should be no uses left.
+            m_registerAllocation.mapInstToRegister.remove(param);
         }
     }
 
@@ -904,20 +908,21 @@ struct PhiEliminationContext
         }
 
         // Once we are sure all the assignment operations have been performed,
-        // we can set about replacing the unconditional branch itself.
+        // we can set about removing the phi arguments from the unconditional
+        // branch itself.
         //
-        replaceBranch(branch);
+        updateBranch(branch);
     }
 
-    // Replacing the branch instruction at the end of a predecessor block
+    // Updating the branch instruction at the end of a predecessor block
     // is relatively simple, and just a bit of busy-work.
     //
-    void replaceBranch(IRUnconditionalBranch* oldBranch)
+    void updateBranch(IRUnconditionalBranch* branch)
     {
         // When creating a replacement instruction here, we need to make sure
         // that we keep all the operands that weren't phi arguments.
         //
-        Count oldOperandCount = oldBranch->getOperandCount();
+        Count oldOperandCount = branch->getOperandCount();
         Count paramCount = getParamCount();
         Count newOperandCount = oldOperandCount - paramCount;
 
@@ -934,32 +939,14 @@ struct PhiEliminationContext
         static const Count kMaxNewOperandCount = 3;
         SLANG_ASSERT(newOperandCount <= kMaxNewOperandCount);
 
-        ShortList<IRInst*> newOperands;
-        for (Index i = 0; i < newOperandCount; ++i)
-        {
-            newOperands.add(oldBranch->getOperand(i));
-        }
-
-        // Add operands for any remaining phi parameters that has not been eliminated.
-        for (UInt i = 0; i < (UInt)phiInfos.getCount(); i++)
+        // Eliminate phi parameters
+        for (UInt i = 0, j = 0; i < (UInt)phiInfos.getCount(); i++)
         {
-            if (!phiInfos[i].param.temp)
-                newOperands.add(oldBranch->getArg(i));
+            if (phiInfos[i].param.temp)
+                branch->removeOperand(newOperandCount + j);
+            else
+                ++j;
         }
-
-        auto newBranch = m_builder.emitIntrinsicInst(
-            oldBranch->getFullType(),
-            oldBranch->getOp(),
-            newOperands.getCount(),
-            newOperands.getArrayView().getBuffer());
-        oldBranch->transferDecorationsTo(newBranch);
-        newBranch->sourceLoc = oldBranch->sourceLoc;
-
-        // TODO: We could consider just modifying `branch` in-place by clearing
-        // the relevant operands for the phi arguments and setting its operand
-        // count to a lower value.
-        //
-        oldBranch->removeAndDeallocate();
     }
 
     bool canLoadBeFoldedAtInst(IRInst* load, IRInst* useSite)
diff --git a/tests/bugs/gh-7499.slang b/tests/bugs/gh-7499.slang
new file mode 100644
index 00000000000..ea543275800
--- /dev/null
+++ b/tests/bugs/gh-7499.slang
@@ -0,0 +1,26 @@
+//TEST:EXECUTABLE:
+[mutating]
+public void f(Ptr<int> arr, inout int size)
+{
+    for (int i = 0; i < 1; ++i)
+        arr[i] = 0;
+
+    int end = 0;
+    if (end >= size)
+        end = size;
+
+    for (int i = 0; i < 1; ++i)
+        arr[i] = 0;
+
+    size -= end;
+}
+
+export __extern_cpp int main()
+{
+    // Success is not crashing the compiler.
+    int size = 0;
+    int arr = 0;
+    f(&arr, size);
+
+    return 0;
+}
diff --git a/tests/bugs/gh-7499.slang.expected b/tests/bugs/gh-7499.slang.expected
new file mode 100644
index 00000000000..4c32e25100a
--- /dev/null
+++ b/tests/bugs/gh-7499.slang.expected
@@ -0,0 +1,5 @@
+result code = 0
+standard error = {
+}
+standard output = {
+}