TI reports financial results for 4Q08 and 2008

Income from continuing
operations before
income taxes 36 1,042 756 2,481 3,692
Provision (benefit) for
income taxes (71) 289 193 561 1,051
Income from continuing
operations 107 753 563 1,920 2,641
Income from
discontinued
operations, net of
taxes -- 3 -- -- 16
Net income $ 107 $ 756 $ 563 $ 1,920 $ 2,657

Basic earnings per
common share:
Income from
continuing
operations $ .08 $ .55 $ .43 $ 1.47 $ 1.86
Net income $ .08 $ .55 $ .43 $ 1.47 $ 1.88

Diluted earnings per
common share:
Income from
continuing
operations $ .08 $ .54 $ .43 $ 1.45 $ 1.83
Net income $ .08 $ .54 $ .43 $ 1.45 $ 1.84

Average shares
outstanding
(millions):
Basic 1,283 1,372 1,304 1,308 1,417
Diluted 1,289 1,399 1,318 1,324 1,446

Cash dividends
declared per share
of common stock $ .11 $ .10 $ .10 $ .41 $ .30

Percentage of revenue:
Gross profit 44.0% 54.3% 48.5% 50.0% 53.3%
R&D 17.3% 14.3% 15.0% 15.5% 15.5%
SG&A 14.5% 11.9% 11.5% 12.9% 12.1%
Operating profit 2.0% 28.0% 22.0% 19.5% 25.3%



TEXAS INSTRUMENTS INCORPORATED AND SUBSIDIARIES
Consolidated Balance Sheets
(Millions of dollars, except share amounts)

Dec. 31, Dec. 31, Sept. 30,
2008 2007 2008

Assets
Current assets:
Cash and cash equivalents $ 1,046 $ 1,328 $ 1,715
Short-term investments 1,494 1,596 278
Accounts receivable, net of
allowances of ($30), ($26) and ($28) 913 1,742 1,774
Raw materials 99 105 103
Work in process 837 876 982
Finished goods 439 437 490
Inventories 1,375 1,418 1,575

« Previous Page 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9  Next Page »



Review Article Be the first to review this article
Featured Video
Editorial
Peggy AycinenaWhat Would Joe Do?
by Peggy Aycinena
Job Openings: Can EDA Predict the Future
More Editorial  
Jobs
Verification Engineer for Ambarella at Santa Clara, CA
Technical Support Engineer for EDA Careers at Freemont, CA
ASIC Design Engineer 2 for Ambarella at Santa Clara, CA
Engr, Elec Des 2 for KLA-Tencor at Milpitas, CA
Senior FPGA Designer for Fidus Electronic Product Development at Fremont, CA
Upcoming Events
CDNLive Silicon Valley 2017 at Santa Clara Convention Center Santa Clara CA - Apr 11 - 12, 2017
10th Anniversary of Cyber-Physical Systems Week at Pittsburgh, PA, USA PA - Apr 18 - 21, 2017
DVCon 2017 China, April 19, 2017, Parkyard Hotel Shanghai, China at Parkyard Hotel Shanghai Shanghai China - Apr 19, 2017
Zuken Innovation World 2017 at Hilton Head Marriott Resort & Spa Hilton Head Island NC - Apr 24 - 26, 2017
S2C: FPGA Base prototyping- Download white paper



Internet Business Systems © 2017 Internet Business Systems, Inc.
595 Millich Dr., Suite 216, Campbell, CA 95008
+1 (408)-337-6870 — Contact Us, or visit our other sites:
AECCafe - Architectural Design and Engineering TechJobsCafe - Technical Jobs and Resumes GISCafe - Geographical Information Services  MCADCafe - Mechanical Design and Engineering ShareCG - Share Computer Graphic (CG) Animation, 3D Art and 3D Models
  Privacy Policy