8-KEarnings & ResultsExhibits & Filings

TEXAS INSTRUMENTS INC 8-K Report, Financial Results (Jan 27, 2016)

Filed January 27, 2016For Securities:TXN

Summary

Texas Instruments Inc. (TXN) filed an 8-K on January 27, 2016, primarily to report its fourth-quarter and full-year 2015 financial results via an attached news release. The filing highlights the company's operational and financial performance for the period. Investors should note that while the release details these results, it also incorporates non-GAAP financial measures, specifically free cash flow and related ratios. Texas Instruments emphasizes that these non-GAAP metrics are intended to offer a clearer perspective on the company's ability to generate cash, its liquidity, and the funds potentially available for shareholder returns. These measures are presented as supplemental information to the standard GAAP financial figures, with a reconciliation provided within the news release itself. Investors are advised to review both the GAAP and non-GAAP figures for a comprehensive understanding of the company's financial health and performance.

Key Highlights

  • 1Texas Instruments filed an 8-K on January 27, 2016, reporting Q4 and full-year 2015 results.
  • 2The core of the filing is an attached news release detailing the company's financial performance.
  • 3The company utilizes and presents non-GAAP financial measures, including free cash flow.
  • 4Non-GAAP measures are provided to offer additional insight into liquidity and cash-generating capabilities.
  • 5Free cash flow and related ratios are highlighted as key non-GAAP metrics.
  • 6Texas Instruments states these non-GAAP measures are supplemental to GAAP results.
  • 7A reconciliation between non-GAAP and GAAP financial measures is included in the news release.

Frequently Asked Questions

The main purpose of this 8-K filing by Texas Instruments is to formally report the company's financial results for the fourth quarter and the full year of 2015 through an attached news release.

The filing specifically mentions free cash flow and ratios based on free cash flow as non-GAAP financial measures that Texas Instruments utilizes and provides.

Texas Instruments provides non-GAAP measures, such as free cash flow, to offer investors additional insights into the company's liquidity, its ability to generate cash, and the amount of cash potentially available for returning to investors. These are presented as supplemental to standard GAAP measures.

Investors can find a reconciliation of the non-GAAP financial measures to the most directly comparable GAAP measures within the 'Non-GAAP financial information' section of the news release attached to the 8-K filing.