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 Statements of Cash Flows | |||
Period Ending Dec 31, 2021 10-K (Filed: Feb 4, 2022) | |||
| (In Millions, except shares in actual) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | |
| Cash flows from operating activities | |||
| Net income | $ 7,769 | 5,595 | 5,017 |
| Adjustments to net income: | |||
| Depreciation | 755 | 733 | 708 |
| Amortization of acquisition-related intangibles | 142 | 198 | 288 |
| Amortization of capitalized software | 57 | 61 | 54 |
| Stock compensation | 230 | 224 | 217 |
| Gains on sales of assets | (57) | (4) | (23) |
| Deferred taxes | 15 | (137) | 81 |
| Increase (decrease) from changes in: | |||
| Accounts receivable | (287) | (340) | 133 |
| Inventories | 45 | 46 | 216 |
| Prepaid expenses and other current assets | 57 | (79) | 265 |
| Accounts payable and accrued expenses | 33 | 63 | (93) |
| Accrued compensation | 7 | 63 | (15) |
| Income taxes payable | (20) | (181) | (193) |
| Changes in funded status of retirement plans | 62 | (9) | 29 |
| Other | (52) | (94) | (35) |
| Cash flows from operating activities | 8,756 | 6,139 | 6,649 |
| Cash flows from investing activities | |||
| Capital expenditures | (2,462) | (649) | (847) |
| Proceeds from asset sales | 75 | 4 | 30 |
| Purchases of short-term investments | (10,124) | (5,786) | (3,444) |
| Proceeds from short-term investments | 8,478 | 5,545 | 2,309 |
| Other | (62) | (36) | 32 |
| Cash flows from investing activities | (4,095) | (922) | (1,920) |
| Cash flows from financing activities | |||
| Proceeds from issuance of long-term debt | 1,495 | 1,498 | 1,491 |
| Repayment of debt | (550) | (500) | (750) |
| Dividends paid | (3,886) | (3,426) | (3,008) |
| Stock repurchases | (527) | (2,553) | (2,960) |
| Proceeds from common stock transactions | 377 [1] | 470 | 539 |
| Other | (46) | (36) | (42) |
| Cash flows from financing activities | (3,137) | (4,547) | (4,730) |
| Net change in cash and cash equivalents | 1,524 | 670 | (1) |
| Cash and cash equivalents at beginning of period | 3,107 | 2,437 | |
| Cash and cash equivalents at end of period | 4,631 | 3,107 | 2,437 |
| [1] Net of taxes paid for employee shares withheld of $53 million, $53 million and $52 million in 2021, 2020 and 2019, respectively. | |||
| 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 |