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TEXAS INSTRUMENTS 2012 ANNUAL REPORT • 1
ANNUAL
REPORT
Financial statements table of contents
Consolidated statements of income . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .2
Consolidated statements of comprehensive income . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .3
Consolidated balance sheets. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4
Consolidated statements of cash flows . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 5
Consolidated statements of stockholders’ equity. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 6
Notes to financial statements . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 7
Description of business and significant accounting
policies and practices
Acquisition-related charges
Restructuring charges/other
Losses associated with the 2011 earthquake in Japan
Stock-based compensation
Profit sharing plans
Income taxes
Financial instruments and risk concentration
Report of independent registered public accounting firm. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 36
Report by management on internal control over financial reporting . . . . . . . . . . . . . . . . . . . . . . . . 37
Report of independent registered public accounting firm on internal control over financial reporting . . . . . . . . 38
Summary of selected financial data . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 39
Management’s discussion and analysis of financial condition and results of operations . . . . . . . . . . . . . . 40
Overview
Results of operations
Prior results of operations - 2011 compared
with 2010
Financial condition
Liquidity and capital resources
Long-term contractual obligations
Quarterly financial data . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 52
Common stock prices and dividends. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 53
Comparison of total shareholder return . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 53
Safe Harbor statement. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 54
Notice of 2013 annual meeting of stockholders and proxy statement
Notice of annual meeting of stockholders . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 55
Proxy statement table of contents . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 56
Valuation of debt and equity investments
and certain liabilities
Goodwill and acquisition-related intangibles
Postretirement benefit plans
Debt and lines of credit
Commitments and contingencies
Stockholders’ equity
Supplemental financial information
Segment and geographic area data
Critical accounting policies
Changes in accounting standards
Off-balance sheet arrangements
Commitments and contingencies
Quantitative and qualitative disclosures
about market risk