8-K/AExhibits & Filings

TEXAS INSTRUMENTS INC 8-K/A Report, Exhibit Filing (Nov 14, 2011)

Filed November 14, 2011For Securities:TXN

Summary

This 8-K/A filing from Texas Instruments (TI) primarily concerns the financial reporting related to TI's acquisition of National Semiconductor. Investors will find that the company is incorporating previously filed financial statements of National Semiconductor into this amendment. This includes audited financial statements for key fiscal periods of National Semiconductor, which provides a historical financial view of the acquired entity prior to its integration with TI. Furthermore, the filing includes unaudited pro forma combined financial statements. These pro forma statements are crucial for investors as they present a hypothetical combined financial picture of Texas Instruments and National Semiconductor as if the acquisition had occurred at an earlier date. This allows for a better understanding of the potential financial impact and scale of the combined entity, aiding in the assessment of the acquisition's strategic and financial implications.

Key Highlights

  • 1Amendment (8-K/A) to a previous filing, focusing on financial statements and exhibits.
  • 2Incorporates audited financial statements of National Semiconductor for periods ending May 29, 2011, May 30, 2010, and the three years prior, by reference to National's Form 10-K.
  • 3Includes unaudited pro forma combined financial statements and explanatory notes related to the acquisition of National Semiconductor.
  • 4Pro forma statements cover periods as of and for the twelve months ended December 31, 2010, and the six months ended June 30, 2011 and 2010.
  • 5Exhibit 23.1 contains the Consent of Independent Registered Public Accounting Firm.
  • 6Exhibit 99.1 contains the unaudited pro forma combined financial statements and explanatory notes.

Frequently Asked Questions

This filing is an amendment to a previous report and primarily serves to provide financial information and exhibits related to Texas Instruments' acquisition of National Semiconductor. It includes both historical financial statements of the acquired company and pro forma statements reflecting the combined entity.

The audited financial statements of National Semiconductor are incorporated by reference to National's Annual Report on Form 10-K for the fiscal year ended May 29, 2011. This filing directs investors to that previous report for these specific financial details.

Pro forma financial statements are unaudited, hypothetical statements that show how the combined company might have performed financially if the acquisition had taken place at an earlier date. They are important for investors to understand the potential financial scale and impact of the National Semiconductor acquisition on Texas Instruments.

The unaudited pro forma combined financial statements cover the twelve months ended December 31, 2010, and the six months ended June 30, 2011 and 2010.