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: 2018 | |||
Consolidated Statements of Cash Flows | |||
Period Ending Dec 31, 2018 10-K (Filed: Feb 22, 2019) | |||
| (In Millions, except shares in actual) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| Dec 31, 2018 | Dec 31, 2017 | Dec 31, 2016 | |
| Cash flows from operating activities | |||
| Net income | $ 5,580 | 3,682 | 3,595 |
| Adjustments to net income: | |||
| Depreciation | 590 | 539 | 605 |
| Amortization of acquisition-related intangibles | 318 | 318 | 319 |
| Amortization of capitalized software | 46 | 47 | 31 |
| Stock compensation | 232 | 242 | 252 |
| Gains on sales of assets | (3) | 0 | (40) |
| Deferred taxes | (105) | 112 | (202) |
| Increase (decrease) from changes in: | |||
| Accounts receivable | 71 | (7) | (108) |
| Inventories | (282) | (167) | (99) |
| Prepaid expenses and other current assets | 669 | 76 | (81) |
| Accounts payable and accrued expenses | (7) | 51 | 72 |
| Accrued compensation | (7) | (3) | 36 |
| Income taxes payable | 158 | 468 | 333 |
| Changes in funded status of retirement plans | 36 | 21 | (73) |
| Other | (107) | (16) | (26) |
| Cash flows from operating activities | 7,189 | 5,363 | 4,614 |
| Cash flows from investing activities | |||
| Capital expenditures | (1,131) | (695) | (531) |
| Proceeds from asset sales | 9 | 40 | 0 |
| Purchases of short-term investments | (5,641) | (4,555) | (3,503) |
| Proceeds from short-term investments | 6,708 | 4,095 | 3,390 |
| Other | (23) | (12) | (6) |
| Cash flows from investing activities | (78) | (1,127) | (650) |
| Cash flows from financing activities | |||
| Proceeds from issuance of long-term debt | 1,500 | 1,099 | 499 |
| Repayment of debt | (500) | (625) | (1,000) |
| Dividends paid | (2,555) | (2,104) | (1,646) |
| Stock repurchases | (5,100) | (2,556) | (2,132) |
| Proceeds from common stock transactions | 373 [1] | 483 | 472 |
| Other | (47) | (31) | (3) |
| Cash flows from financing activities | (6,329) | (3,734) | (3,810) |
| Net change in cash and cash equivalents | 782 | 502 | 154 |
| Cash and cash equivalents at beginning of period | 1,656 | 1,154 | |
| Cash and cash equivalents at end of period | 2,438 | 1,656 | 1,154 |
| [1] Net of taxes paid for employee shares withheld of $60 million, $83 million and $70 million in 2018, 2017 and 2016, respectively. | |||
| 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 |