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

FORM 10-K
P ART II
I TEM 5. Market for Registrant’s Common Equity, Related Stockholder Matters and
Issuer Purchases of Equity Securities.
The฀information฀concerning฀the฀number฀of฀stockholders฀of฀record฀at฀December฀31,฀2014,฀is฀contained฀in฀Item฀6,฀“฀Selected Financial Data.”
Common stock prices and dividends
TI฀common฀stock฀is฀listed฀on฀The฀NASDAQ฀Global฀Select฀Market.฀The฀table฀below฀shows฀the฀high฀and฀low฀closing฀prices฀of฀TI฀common฀
stock฀as฀reported฀by฀Bloomberg฀L.P.฀and฀the฀dividends฀paid฀per฀common฀share฀in฀each฀quarter฀during฀the฀past฀two฀years.฀
Quarter
1st 2nd 3rd 4th
Stock prices:
2014 High . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ 47.16 $ 48.47 $ 49.29 $ 55.62
Low . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 40.89 44.89 45.67 41.93
2013 High . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 35.62 37.09 40.85 43.91
Low . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 31.55 33.92 35.05 39.24
Dividends paid:
2014 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ 0.30 $ 0.30 $ 0.30 $ 0.34
2013 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 0.21 0.28 0.28 0.30
Issuer purchases of equity securities
The฀following฀table฀contains฀information฀regarding฀our฀purchases฀of฀our฀common฀stock฀during฀the฀fourth฀quarter฀of฀2014.
Period
Total
Number of
Shares
Purchased
Average
Price Paid
per Share
Total Number
of Shares
Purchased as
Part of
Publicly
Announced
Plans or
Programs (1)
Approximate
Dollar Value
of Shares that
May Yet Be
Purchased
under the
Plans or
Programs (1)
October฀1,฀2014฀through฀October฀31,฀2014 . . . . . . . . . . . . . . 11,317,506 $ 45.62 11,317,506 $ 3.35฀billion
November฀1,฀2014฀through฀November฀30,฀2014 . . . . . . . . . . . 2,820,815 50.94 2,820,815 3.21฀billion
December฀1,฀2014฀through฀December฀31,฀2014 . . . . . . . . . . . 695,093 53.71 695,093 3.17฀billion
Total . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 14,833,414 (2) $ 47.01 14,833,414 (2) $ 3.17฀billion฀(3)
(1)฀ All฀purchases฀during฀the฀quarter฀were฀made฀under฀the฀authorization฀from฀our฀board฀of฀directors฀to฀purchase฀up฀to฀$5.0฀billion฀of฀
additional฀shares฀of฀TI฀common฀stock฀announced฀on฀February฀21,฀2013.
(2) All purchases during the quarter were open-market purchases.
(3)฀ As฀of฀December฀31,฀2014,฀this฀amount฀consisted฀of฀the฀remaining฀portion฀of฀the฀$5.0฀billion฀authorized฀in฀February฀2013.฀No฀
expiration฀date฀has฀been฀specified฀for฀this฀authorization.