Texas Instruments Summary of Selected Financial Data 1997 Annual Report

Summary of Selected Financial Data

Millions of Dollars

Years ended December 31 1997 1996 1995 1994 1993

Net revenues $ 9,750 $ 9,940 $11,409 $ 8,608 $ 6,687

Operating costs and expenses 9,135 9,966 9,970 7,682 6,157

Profit (loss) from operations 615 (26) 1,439 926 530

Other income (expense) net 192 76 79 6 19

Interest on loans 94 73 48 45 47

Income (loss) from continuing
  operations before provision for
  income taxes, extraordinary
  item and cumulative effect of
  accounting changes 713 (23) 1,470 887 502

Provision for income taxes 411 23 474 295 147

Income (loss) from continuing
  operations before extraordinary
  item and cumulative effect of
  accounting changes $ 302 $ (46) $ 996 $ 592 $ 355

Diluted earnings (loss) per
  common share from continuing
  operations before extraordinary
  item and cumulative effect of
  accounting changes $ .76 $ (.12) $ 2.58 $ 1.56 $ .94

Basic earnings (loss) per
  common share from continuing
  operations before extraordinary
  item and cumulative effect of
  accounting changes $ .78 $ (.12) $ 2.65 $ 1.61 $ .97

Dividends declared per common
  share $ .34 $ .34 $ .32 $ .235 $ .18

Average common and dilutive
  potential common shares
  outstanding during year, in
  thousands 397,727 379,388 387,262 381,709 363,396

Millions of Dollars

As of December 31 1997 1996 1995 1994 1993

Working capital $ 3,607 $1,968 $2,566 $1,965 $1,499

Property, plant and
  equipment (net) 4,180 4,162 2,894 2,277 1,870

Total assets 10,849 9,360 8,748 6,468 5,471

Long-term debt 1,286 1,697 804 808 694

Stockholders’ equity 5,914 4,097 4,095 3,039 2,315

Employees 44,140 59,927 59,574 56,333 59,048

Stockholders of record 29,550 32,804 30,034 28,740 29,129

Employees for 1996 and prior include persons employed in the company’s defense business, a discontinued operation.
See Notes to Financial Statements and Management Discussion and Analysis of Financial Condition and Results of Operations.



	Millions of Dollars

Years ended December 31	1997	1996	1995	1994	1993

Net revenues	$ 9,750	$ 9,940	$11,409	$ 8,608	$ 6,687
Operating costs and expenses	9,135	9,966	9,970	7,682	6,157

Profit (loss) from operations	615	(26)	1,439	926	530
Other income (expense) net	192	76	79	6	19
Interest on loans	94	73	48	45	47

Income (loss) from continuing operations before provision for income taxes, extraordinary item and cumulative effect of accounting changes	713	(23)	1,470	887	502
Provision for income taxes	411	23	474	295	147

Income (loss) from continuing operations before extraordinary item and cumulative effect of accounting changes	$ 302	$ (46)	$ 996	$ 592	$ 355

Diluted earnings (loss) per common share from continuing operations before extraordinary item and cumulative effect of accounting changes	$ .76	$ (.12)	$ 2.58	$ 1.56	$ .94

Basic earnings (loss) per common share from continuing operations before extraordinary item and cumulative effect of accounting changes	$ .78	$ (.12)	$ 2.65	$ 1.61	$ .97

Dividends declared per common share	$ .34	$ .34	$ .32	$ .235	$ .18

Average common and dilutive potential common shares outstanding during year, in thousands	397,727	379,388	387,262	381,709	363,396

	Millions of Dollars

As of December 31	1997	1996	1995	1994	1993

Working capital	$ 3,607	$1,968	$2,566	$1,965	$1,499
Property, plant and equipment (net)	4,180	4,162	2,894	2,277	1,870
Total assets	10,849	9,360	8,748	6,468	5,471
Long-term debt	1,286	1,697	804	808	694
Stockholders’ equity	5,914	4,097	4,095	3,039	2,315



Employees	44,140	59,927	59,574	56,333	59,048
Stockholders of record	29,550	32,804	30,034	28,740	29,129

Employees for 1996 and prior include persons employed in the company’s defense business, a discontinued operation. See Notes to Financial Statements and Management Discussion and Analysis of Financial Condition and Results of Operations.