8-KEarnings & ResultsExhibits & Filings

TEXAS INSTRUMENTS INC 8-K Report, Financial Results (Oct 23, 2018)

Filed October 23, 2018For Securities:TXN

Summary

Texas Instruments Inc. (TXN) filed an 8-K on October 23, 2018, to report its third-quarter 2018 financial results. The core of the filing is the attached news release which details the company's performance and financial condition. Investors should note that while the release presents both GAAP and non-GAAP financial measures, the company emphasizes its non-GAAP metrics like free cash flow. TXN believes these non-GAAP measures offer a clearer view of its cash generation, liquidity, and capacity to return capital to shareholders, serving as a valuable supplement to traditional GAAP reporting.

Key Highlights

  • 1Texas Instruments reported its third-quarter 2018 results via an 8-K filing on October 23, 2018.
  • 2The filing primarily consists of a news release detailing the company's financial performance for the quarter.
  • 3The company utilizes and provides non-GAAP financial measures, specifically highlighting free cash flow.
  • 4Texas Instruments views free cash flow and related ratios as key indicators of its liquidity and cash generating ability.
  • 5These non-GAAP measures are presented to offer investors insight into the company's capacity to return capital to shareholders.
  • 6Reconciliations between non-GAAP and the most directly comparable GAAP measures are included in the news release.
  • 7The news release is furnished as Exhibit 99 to the 8-K filing.

Frequently Asked Questions

The main purpose of this 8-K filing is to publicly report Texas Instruments' financial results for the third quarter of 2018, as detailed in the attached news release.

Texas Instruments highlights non-GAAP measures such as free cash flow and ratios derived from it. The company believes these provide valuable insights into its liquidity and cash generation capabilities.

The reconciliation between the non-GAAP financial measures and the most directly comparable GAAP measures is provided within the 'Non-GAAP financial information' section of the news release attached as Exhibit 99 to this 8-K filing.

This means the news release is being officially provided to the SEC as part of the company's regulatory reporting. It contains information about the company's results of operations and financial condition, as required by Item 2.02 of Form 8-K.