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: 2017 | |||
Consolidated Statements of Cash Flows | |||
Period Ending Dec 31, 2017 10-K (Filed: Feb 22, 2018) | |||
| (In Millions, except shares in actual) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| Dec 31, 2017 | Dec 31, 2016 | Dec 31, 2015 | |
| Cash flows from operating activities | |||
| Net income | $ 3,682 | 3,595 | 2,986 |
| Adjustments to Net income: | |||
| Depreciation | 539 | 605 | 766 |
| Amortization of acquisition-related intangibles | 318 | 319 | 319 |
| Amortization of capitalized software | 47 | 31 | 48 |
| Stock compensation | 242 | 252 | 286 |
| Gains on sales of assets | 0 | (40) | (85) |
| Deferred taxes | 112 | (202) | (55) |
| Increase (decrease) from changes in: | |||
| Accounts receivable | (7) | (108) | 77 |
| Inventories | (167) | (99) | 93 |
| Prepaid expenses and other current assets | 76 | (81) | 94 |
| Accounts payable and accrued expenses | 51 | 72 | (142) |
| Accrued compensation | (3) | 36 | 7 |
| Income taxes payable | 468 | 333 | 11 |
| Changes in funded status of retirement plans | 21 | (73) | (23) |
| Other | (16) | (26) | 15 |
| Cash flows from operating activities | 5,363 | 4,614 | 4,397 |
| Cash flows from investing activities | |||
| Capital expenditures | (695) | (531) | (551) |
| Proceeds from asset sales | 40 | 0 | 110 |
| Purchases of short-term investments | (4,555) | (3,503) | (2,767) |
| Proceeds from short-term investments | 4,095 | 3,390 | 2,892 |
| Other | (12) | (6) | 14 |
| Cash flows from investing activities | (1,127) | (650) | (302) |
| Cash flows from financing activities | |||
| Proceeds from issuance of long-term debt | 1,099 | 499 | 498 |
| Repayment of debt | (625) | (1,000) | (1,000) |
| Dividends paid | (2,104) | (1,646) | (1,444) |
| Stock repurchases | (2,556) | (2,132) | (2,741) |
| Proceeds from common stock transactions | 483 [1] | 472 | 396 |
| Other | (31) | (3) | (3) |
| Cash flows from financing activities | (3,734) | (3,810) | (4,294) |
| Net change in Cash and cash equivalents | 502 | 154 | (199) |
| Cash and cash equivalents at beginning of period | 1,154 | 1,000 | |
| Cash and cash equivalents at end of period | 1,656 | 1,154 | 1,000 |
| [1] Net of taxes paid for employee shares withheld of $83 million in 2017, $70 million in 2016 and $46 million in 2015. | |||
| External Links | |
| TEXAS INSTRUMENTS INC (TXN) Fiscal Year 2017 | |
| 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 |