10-K.Info (Beta Test) Courtesy of Short Sands, LLC | ||||||||||||||
| ||||||||||||||
|
10-K.Info (Beta Test) Courtesy of Short Sands, LLC | ||
TEXAS INSTRUMENTS INC | ||
Ticker: TXN Fiscal Year: 2018 | ||
Consolidated Balance Sheets | ||
Period Ending Dec 31, 2018 10-K (Filed: Feb 22, 2019) | ||
| (In Millions, except shares in actual) | ||
| As of | As of | |
| Dec 31, 2018 | Dec 31, 2017 | |
| Assets | ||
| Current assets: | ||
| Cash and cash equivalents | $ 2,438 | 1,656 |
| Short-term investments | 1,795 | 2,813 |
| Accounts receivable, net of allowances of ($19) and ($8) | 1,207 | 1,278 |
| Raw materials | 181 | 126 |
| Work in process | 1,070 | 1,089 |
| Finished goods | 966 | 742 |
| Inventories | 2,217 | 1,957 |
| Prepaid expenses and other current assets | 440 | 1,030 |
| Total current assets | 8,097 | 8,734 |
| Property, plant and equipment at cost | 5,425 | 4,789 |
| Accumulated depreciation | (2,242) | (2,125) |
| Property, plant and equipment | 3,183 | 2,664 |
| Long-term investments | 251 | 268 |
| Goodwill | 4,362 | 4,362 |
| Acquisition-related intangibles | 628 | 946 |
| Deferred tax assets | 295 | 264 |
| Capitalized software licenses | 89 | 110 |
| Overfunded retirement plans | 92 | 208 |
| Other long-term assets | 140 | 86 |
| Total assets | 17,137 | 17,642 |
| Liabilities and stockholders equity | ||
| Current liabilities: | ||
| Current portion of long-term debt | 749 | 500 |
| Accounts payable | 478 | 466 |
| Accrued compensation | 724 | 722 |
| Income taxes payable | 103 | 128 |
| Accrued expenses and other liabilities | 420 | 442 |
| Total current liabilities | 2,474 | 2,258 |
| Long-term debt | 4,319 | 3,577 |
| Underfunded retirement plans | 118 | 89 |
| Deferred tax liabilities | 42 | 78 |
| Other long-term liabilities | 1,190 | 1,303 |
| Total liabilities | 8,143 | 7,305 |
| Stockholders equity: | ||
| Preferred stock, $25 par value. Authorized - 10,000,000 shares Participating cumulative preferred - None issued. | 0 | 0 |
| Common stock, $1 par value. Authorized - 2,400,000,000 shares Shares issued - 1,740,815,939 | 1,741 | 1,741 |
| Paid-in capital | 1,950 | 1,776 |
| Retained earnings | 37,906 | 34,662 |
| Treasury common stock at cost Shares: 2018 795,665,646; 2017 757,657,217 | (32,130) | (27,458) |
| Accumulated other comprehensive income (loss), net of taxes (AOCI) | (473) [1] | (384) |
| Total stockholders equity | 8,994 | 10,337 |
| Total liabilities and stockholders equity | 17,137 | 17,642 |
| [1] Includes $30 million for the adoption of ASU 2018-02. See Note 2 for additional information. | ||
| External Links | |
| TEXAS INSTRUMENTS INC (TXN) Fiscal Year 2018 | |
| Statements of 10-K in Excel | https://www.sec.gov/.../Financial.xlxs |
| Complete 10-K in HTML | https://www.sec.gov/.../10-K.html |
| Complete 10-K in XBRL | https://www.sec.gov/.../10-K-xbrl.zip |