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
Jobs
Applications Engineer for intersil at Palm Bay, FL
Senior Formal FAE Location OPEN for EDA Careers at San Jose or Anywhere, CA
ASIC Hardware Engineer for BAE Systems Intelligence & Security at Arlington, VA
Principle Electronic Design Engr for Cypress Semiconductor at San Jose, CA
Senior Electrical Engineer for Allen & Shariff Corporation at Pittsburgh, PA
Upcoming Events
IPC APEX EXPO 2018 at San Diego Convention Center San Diego CA - Feb 24 - 1, 2018
DVCon US 2018 at Double Tree Hotel San Jose CA - Feb 26 - 1, 2018
5th EAI International Conference on Big data and Cloud Computing Challenges at Vandalur, Kelambakkam high road chennai Tamil Nadu India - Mar 8 - 9, 2018



Internet Business Systems © 2018 Internet Business Systems, Inc.
25 North 14th Steet, Suite 710, San Jose, CA 95112
+1 (408) 882-6554 — 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 PolicyAdvertise