Cash Flow Statement

The cash flow statement provides information about a company cash receipts and cash payments during an accounting period, showing how these cash flows link the ending cash balance to the beginning balance shown on the company balance sheet.

The cash flow statement consists of three parts: cash flows provided by (used in) operating activities, cash flows provided by (used in) investing activities, and cash flows provided by (used in) financing activities.

Texas Instruments Inc., consolidated cash flow statement

US$ in millions

12 months ended:	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Net income	4,799)	6,510)	8,749)	7,769)	5,595)
Depreciation	1,508)	1,175)	925)	755)	733)
Amortization of acquisition-related intangibles	—)	—)	—)	142)	198)
Amortization of capitalized software	72)	63)	54)	57)	61)
Stock compensation	387)	362)	289)	230)	224)
Gain on sales of assets	(127)	—)	(3)	(57)	(4)
Deferred taxes	(210)	(299)	(191)	15)	(137)
Accounts receivable	68)	108)	(194)	(287)	(340)
Inventories	(528)	(1,242)	(847)	45)	46)
Prepaid expenses and other current assets	7)	46)	6)	57)	(79)
Accounts payable and accrued expenses	125)	(33)	106)	33)	63)
Accrued compensation	(12)	29)	22)	7)	63)
Income taxes payable	597)	(7)	94)	(20)	(181)
Increase (decrease) from changes in operating capital	257)	(1,099)	(813)	(165)	(428)
Changes in funded status of retirement plans	33)	45)	114)	62)	(9)
Other	(401)	(337)	(404)	(52)	(94)
Adjustments to net income	1,519)	(90)	(29)	987)	544)
Cash flows from operating activities	6,318)	6,420)	8,720)	8,756)	6,139)
Capital expenditures	(4,820)	(5,071)	(2,797)	(2,462)	(649)
Proceeds from asset sales	195)	3)	3)	75)	4)
Purchases of short-term investments	(9,716)	(12,705)	(14,483)	(10,124)	(5,786)
Proceeds from short-term investments	11,187)	13,387)	13,657)	8,478)	5,545)
Other	(48)	24)	37)	(62)	(36)
Cash flows from investing activities	(3,202)	(4,362)	(3,583)	(4,095)	(922)
Proceeds from issuance of long-term debt	2,980)	3,000)	1,494)	1,495)	1,498)
Repayment of debt	(600)	(500)	(500)	(550)	(500)
Dividends paid	(4,795)	(4,557)	(4,297)	(3,886)	(3,426)
Stock repurchases	(929)	(293)	(3,615)	(527)	(2,553)
Proceeds from common stock transactions	517)	263)	241)	377)	470)
Other	(53)	(57)	(41)	(46)	(36)
Cash flows from financing activities	(2,880)	(2,144)	(6,718)	(3,137)	(4,547)
Net change in cash and cash equivalents	236)	(86)	(1,581)	1,524)	670)
Cash and cash equivalents at beginning of period	2,964)	3,050)	4,631)	3,107)	2,437)
Cash and cash equivalents at end of period	3,200)	2,964)	3,050)	4,631)	3,107)

Based on: 10-K (reporting date: 2024-12-31), 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31).

Download chart

Cash flow statement item	Description	The company
Cash flows from operating activities	Amount of cash inflow (outflow) from operating activities, excluding discontinued operations. Operating activity cash flows include transactions, adjustments, and changes in value not defined as investing or financing activities.	Texas Instruments Inc. cash flows from operating activities decreased from 2022 to 2023 and from 2023 to 2024.
Cash flows from investing activities	Amount of cash inflow (outflow) of investing activities, excluding discontinued operations. Investing activity cash flows include making and collecting loans and acquiring and disposing of debt or equity instruments and property, plant, and equipment and other productive assets.	Texas Instruments Inc. cash flows from investing activities decreased from 2022 to 2023 but then increased from 2023 to 2024 exceeding 2022 level.
Cash flows from financing activities	Amount of cash inflow (outflow) of financing activities, excluding discontinued operations. Financing activity cash flows include obtaining resources from owners and providing them with a return on, and a return of, their investment; borrowing money and repaying amounts borrowed, or settling the obligation; and obtaining and paying for other resources obtained from creditors on long-term credit.	Texas Instruments Inc. cash flows from financing activities increased from 2022 to 2023 but then slightly decreased from 2023 to 2024.

Texas Instruments Inc. (NASDAQ:TXN)

Cash Flow Statement