10-K.Info (Beta Test) Courtesy of Short Sands, LLC | ||||||||||||||
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10-K.Info (Beta Test) Courtesy of Short Sands, LLC | ||
TEXAS INSTRUMENTS INC | ||
Ticker: TXN Fiscal Year: 2021 | ||
Consolidated Balance Sheets | ||
Period Ending Dec 31, 2021 10-K (Filed: Feb 4, 2022) | ||
| (In Millions, except shares in actual) | ||
| As of | As of | |
| Dec 31, 2021 | Dec 31, 2020 | |
| Assets | ||
| Current assets: | ||
| Cash and cash equivalents | $ 4,631 | 3,107 |
| Short-term investments | 5,108 | 3,461 |
| Accounts receivable, net of allowances of ($8) and ($11) | 1,701 | 1,414 |
| Raw materials | 245 | 180 |
| Work in process | 1,067 | 964 |
| Finished goods | 598 | 811 |
| Inventories | 1,910 | 1,955 |
| Prepaid expenses and other current assets | 335 | 302 |
| Total current assets | 13,685 | 10,239 |
| Property, plant and equipment at cost | 7,858 | 5,781 |
| Accumulated depreciation | (2,717) | (2,512) |
| Property, plant and equipment | 5,141 | 3,269 |
| Goodwill | 4,362 | 4,362 |
| Deferred tax assets | 263 | 343 |
| Capitalized software licenses | 85 | 122 |
| Overfunded retirement plans | 392 | 246 |
| Other long-term assets | 748 | 770 |
| Total assets | 24,676 | 19,351 |
| Liabilities and stockholders equity | ||
| Current liabilities: | ||
| Current portion of long-term debt | 500 | 550 |
| Accounts payable | 653 | 415 |
| Accrued compensation | 775 | 767 |
| Income taxes payable | 121 | 134 |
| Accrued expenses and other liabilities | 520 | 524 |
| Total current liabilities | 2,569 | 2,390 |
| Long-term debt | 7,241 | 6,248 |
| Underfunded retirement plans | 79 | 131 |
| Deferred tax liabilities | 87 | 90 |
| Other long-term liabilities | 1,367 | 1,305 |
| Total liabilities | 11,343 | 10,164 |
| Stockholders equity: | ||
| Preferred stock, $25 par value. Shares authorized 10; none issued | 0 | 0 |
| Common stock, $1 par value. Shares authorized 2,400; shares issued 1,741 | 1,741 | 1,741 |
| Paid-in capital | 2,630 | 2,333 |
| Retained earnings | 45,919 | 42,051 |
| Treasury common stock at cost Shares: 2021 - 817 ; 2020 - 821 | (36,800) | (36,578) |
| Accumulated other comprehensive income (loss), net of taxes (AOCI) | (157) | (360) |
| Total stockholders equity | 13,333 | 9,187 |
| Total liabilities and stockholders equity | 24,676 | 19,351 |
| External Links | |
| TEXAS INSTRUMENTS INC (TXN) Fiscal Year 2021 | |
| 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 |