Texas Instruments Incorporated is a global semiconductor company and the world’s leading designer and supplier of Digital Signal Processing Solutions, the engines driving the digitization of electronics. Headquartered in Dallas, Texas, the company’s businesses also include materials and controls, educational productivity solutions, and digital imaging. The company has manufacturing or sales operations in more than 25 countries. Texas Instruments is traded on the New York Stock Exchange under the symbol TXN. |
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Financial Summary |
1997 | 1996 | |||
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| Net revenues (millions) | $ 9,750 | $ 9,940 | |||
| Profit (loss) from operations (millions) | $ 615 | $ (26) | |||
| Diluted earnings (loss) per share: | |||||
| Continuing operations before extraordinary item | $ .76 | $ (.12) | |||
| Net income | $ 4.54 | $ .17 | |||
| Basic earnings (loss) per share: | |||||
| Continuing operations before extraordinary item | $ .78 | $ (.12) | |||
| Net income | $ 4.69 | $ .17 | |||
| Average common and dilutive potential common shares (millions) |
397.7 | 379.4 | |||
| Research and development expense (millions) | $ 1,536 | $ 1,181 | |||
| Capital expenditures (millions) | $ 1,238 | $ 2,063 | |||
Other Highlights |
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| Stockholders’ equity (millions) | $ 5,914 | $ 4,097 | |||
| Debt-to-total-capital ratio | .19 | .33 | |||
Diluted earnings per share in 1997 from continuing operations before extraordinary item were $2.03 and PFO was $1213 million, excluding special items. | |||||
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