Texas instruments incorporated (TXN)
Income statement / Yearly
Dec'19Dec'18Dec'17Dec'16Dec'15Dec'14Dec'13Dec'12Dec'11Dec'10Dec'09Dec'08Dec'07
Revenue

14,383

15,784

14,961

13,370

13,000

13,045

12,205

12,825

13,735

13,966

10,427

12,501

13,835

Cost of revenue (COR)

5,219

5,507

5,347

5,113

5,425

5,618

5,841

6,457

6,963

6,474

5,428

6,256

6,466

Gross profit

9,164

10,277

9,614

8,257

7,575

7,427

6,364

6,368

6,772

7,492

4,999

6,245

7,369

Research and development (R&D)

1,544

1,559

1,508

1,356

1,267

1,358

1,522

1,877

1,715

1,570

1,476

1,940

2,140

Selling, general and administrative (SG&A)

1,645

1,684

1,694

1,742

1,728

1,843

1,858

1,804

1,638

1,519

1,320

1,614

1,680

Acquisition charges

288

318

318

319

329

330

341

450

315

0

0

-

-

Restructuring charges/other

-36

3

11

-15

-71

-51

-189

264

112

-111

212

254

52

Gain on divestiture

-

-

-

-

-

-

-

-

-

-

-

0

-

Operating profit

5,723

6,713

6,083

4,855

4,322

3,947

2,832

1,973

2,992

4,514

1,991

2,437

3,497

Other income (expense), net (OI&E)

175

98

75

155

-16

21

17

47

5

37

26

44

195

Interest and debt expense

170

125

78

80

90

94

95

85

42

0

0

-

-

Income before income taxes

5,728

6,686

6,080

4,930

4,216

3,874

2,754

1,935

2,955

4,551

2,017

2,481

3,692

Provision for income taxes

711

1,106

2,398

1,335

1,230

1,053

592

176

719

1,323

547

561

1,051

Income from continuing operations

-

-

-

-

-

-

-

-

-

-

-

-

2,641

Income from discontinued operations, net of income taxes

-

-

-

-

-

-

-

-

-

-

-

-

16

Net income

5,017

5,580

3,682

3,595

2,986

2,821

2,162

1,759

2,236

3,228

1,470

1,920

2,657

Earnings per common share (EPS):
Income from continuing operations

-

-

-

-

-

-

-

-

-

-

-

-

1.86

Basic (in dollars per share)

5.33

5.71

3.68

3.54

2.86

2.61

1.94

1.53

1.91

2.66

1.16

1.46

1.87

Income from continuing operations

-

-

-

-

-

-

-

-

-

-

-

-

1.82

Diluted (in dollars per share)

5.24

5.59

3.61

3.48

2.82

2.57

1.91

1.51

1.88

2.62

1.15

1.44

1.83

Average shares outstanding (millions):
Basic (in shares)

936

970

991

1,003

1,030

1,065

1,098

1,132

1,151

1,199

1,260

1,308

1,417

Diluted (in shares)

952

990

1,012

1,021

1,043

1,080

1,113

1,146

1,171

1,213

1,269

1,321

1,444

Diluted EPS:
Cash dividends declared per common share (in dollars per share)

-

-

-

-

1.40

1.24

1.07

0.72

0.56

0.49

0.45

0.41

0.30

Net income

5,017

5,580

3,682

3,595

2,986

2,821

2,162

1,759

2,236

3,228

1,470

1,920

2,657

Income allocated to RSUs

31

42

33

44

42

43

36

31

-

-

-

-

-

Income allocated to common stock for diluted EPS

4,986

5,538

3,649

3,551

2,944

2,778

2,126

1,728

-

-

-

-

-