Texas Instruments Files 8-K on Financial Condition, Operations

TL;DR

**TXN just dropped an 8-K on financial results, get ready for the numbers!**

AI Summary

Texas Instruments Incorporated filed an 8-K on January 23, 2024, to report its results of operations and financial condition. This filing, under Items 2.02 and 9.01, indicates that the company is disclosing its financial performance, likely ahead of a full earnings report. For investors, this matters because it provides an early look at the company's financial health, which can influence stock price and future investment decisions.

Why It Matters

This filing signals that Texas Instruments is providing an update on its financial performance, which is crucial for investors to assess the company's current health and future prospects.

Risk Assessment

Risk Level: low — This 8-K is a standard disclosure of financial results, not indicating any immediate new risks but rather providing transparency.

Analyst Insight

Investors should look for the actual financial results that will be attached or referenced in this 8-K to understand the company's performance and potential impact on its stock price.

Key Players & Entities

• TEXAS INSTRUMENTS INCORPORATED (company) — the registrant filing the 8-K
• January 23, 2024 (date) — date of earliest event reported and filing date
• 001-03761 (string) — Commission file number for Texas Instruments
• 75-0289970 (string) — I.R.S. employer identification number for Texas Instruments
• The Nasdaq Global Select Market (string) — exchange where TXN Common Stock is registered

FAQ

From the Filing

0000097476-24-000004.txt : 20240123 0000097476-24-000004.hdr.sgml : 20240123 20240123160314 ACCESSION NUMBER: 0000097476-24-000004 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 13 CONFORMED PERIOD OF REPORT: 20240123 ITEM INFORMATION: Results of Operations and Financial Condition ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20240123 DATE AS OF CHANGE: 20240123 FILER: COMPANY DATA: COMPANY CONFORMED NAME: TEXAS INSTRUMENTS INC CENTRAL INDEX KEY: 0000097476 STANDARD INDUSTRIAL CLASSIFICATION: SEMICONDUCTORS & RELATED DEVICES [3674] ORGANIZATION NAME: 04 Manufacturing IRS NUMBER: 750289970 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-03761 FILM NUMBER: 24552483 BUSINESS ADDRESS: STREET 1: P.O. BOX 660199 CITY: DALLAS STATE: TX ZIP: 75266 BUSINESS PHONE: 9729953773 MAIL ADDRESS: STREET 1: 12500 TI BLVD STREET 2: PO BOX 660199 CITY: DALLAS STATE: TX ZIP: 75266 8-K 1 txn-20240123.htm 8-K txn-20240123 FALSE 0000097476 January 23, 2024 0000097476 2024-01-23 2024-01-23 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549   FORM 8-K   CURRENT REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 DATE OF REPORT (DATE OF EARLIEST EVENT REPORTED): January 23, 2024 TEXAS INSTRUMENTS INCORPORATED (Exact name of registrant as specified in charter) Delaware   001-03761   75-0289970 (State or other jurisdiction of incorporation)   (Commission file number)   (I.R.S. employer identification no.) 12500 TI Boulevard Dallas , Texas 75243 (Address of principal executive offices) Registrant’s telephone number, including area code: ( 214 )  479-3773   Check the appropriate box below if the Form 8-K is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions: ☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) ☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) ☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) ☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) Securities registered pursuant to Section 12(b) of the Act:   Title of each class   Trading Symbol(s)   Name of each exchange on which registered Common Stock, par value $1.00   TXN   The Nasdaq Global Select Market   Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter). Emerging growth company   ☐ If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.  ☐ ITEM 2.02.  Results of Operations and Financial Condition   The Registrant’s news release dated January 23, 2024, regarding its fourth-quarter and 2023 results of operations and financial condition is attached hereto as Exhibit 99. The attached news release includes references to the following financial measures that were not prepared in accordance with generally accepted accounting principles in the United States (non-GAAP measures): free cash flow and ratios based on free cash flow. The company believes these non-GAAP measures provide insight into its liquidity, cash generating capability and the amount of cash potentially available to return to shareholders, as well as insight into its financial performance. These non-GAAP measures are supplemental to the comparable GAAP measures. Reconciliation to the most directly comp