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
 True Circuits: Ultra PLL

Aldec Webinar Nov 30

Featured Video
Editorial
Peggy AycinenaWhat Would Joe Do?
by Peggy Aycinena
Computer History Museum: the Future of War is Here
More Editorial  
Jobs
Principal PIC Hardware Controls Engineer for Infinera Corp at Sunnyvale, CA
ASIC Design Engineer for Infinera Corp at Sunnyvale, CA
REVISED***Director Product Line RF/IC for EDA Careers at San Jose, CA
Senior PIC Test Development Engineer for Infinera Corp at Sunnyvale, CA
Senior SW Developer for EDA Careers at San Jose, CA
Upcoming Events
“Empowering Leadership with WIT and WISDOM” at SEMI 673 South Milpitas Blvd. Milpitas CA - Nov 28, 2017
Artificial Intelligence and Convolution Neural Networks Discussion at San Jose State University Student Union Theater San Jose CA - Dec 4, 2017
Silicon Valley's Only Comprehensive Embedded Systems Conference at San Jose Convention Center 150 W. San Carlos St. San Jose CA - Dec 5 - 7, 2017
Oski Technology’s Decoding Formal Club Meeting at The Conference Center San Jose CA - Dec 7, 2017
TrueCircuits: IoTPLL



Internet Business Systems © 2017 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