Texas Instruments Cash Flow Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Net Income	5,001	4,799	6,510	8,749	7,769
Depreciation & Amortization	1,918	1,508	1,175	925	897
Other Amortization	81	72	63	54	57
Loss (Gain) From Sale of Assets	2	-127	-	-3	-57
Stock-Based Compensation	419	387	362	289	230
Other Operating Activities	3	-578	-591	-481	25
Change in Accounts Receivable	-244	68	108	-194	-287
Change in Inventory	-277	-528	-1,242	-847	45
Change in Accounts Payable	77	125	-33	106	33
Change in Income Taxes	191	597	-7	94	-20
Change in Other Net Operating Assets	-18	-5	75	28	64
Operating Cash Flow	7,153	6,318	6,420	8,720	8,756
Operating Cash Flow Growth	13.22%	-1.59%	-26.38%	-0.41%	42.63%
Capital Expenditures	-4,550	-4,820	-5,071	-2,797	-2,462
Sale of Property, Plant & Equipment	1	195	3	3	75
Investment in Securities	2,784	1,471	682	-826	-1,646
Other Investing Activities	326	-48	24	37	-62
Investing Cash Flow	-1,439	-3,202	-4,362	-3,583	-4,095
Long-Term Debt Issued	1,199	2,980	3,000	1,494	1,495
Long-Term Debt Repaid	-750	-600	-500	-500	-550
Net Debt Issued (Repaid)	449	2,380	2,500	994	945
Issuance of Common Stock	400	517	263	241	377
Repurchase of Common Stock	-1,477	-929	-293	-3,615	-527
Common Dividends Paid	-4,999	-4,795	-4,557	-4,297	-3,886
Other Financing Activities	-62	-53	-57	-41	-46
Financing Cash Flow	-5,689	-2,880	-2,144	-6,718	-3,137
Net Cash Flow	25	236	-86	-1,581	1,524
Free Cash Flow	2,603	1,498	1,349	5,923	6,294
Free Cash Flow Growth	73.77%	11.04%	-77.22%	-5.90%	14.64%
Free Cash Flow Margin	14.72%	9.58%	7.70%	29.57%	34.31%
Free Cash Flow Per Share	2.85	1.63	1.47	6.40	6.72
Cash Interest Paid	-	473	321	198	181
Cash Income Tax Paid	-	451	1,350	1,480	1,200
Levered Free Cash Flow	-172.88	-583.75	-489.75	4,222	4,190
Unlevered Free Cash Flow	166.5	-266.25	-269.13	4,356	4,305
Change in Working Capital	-271	257	-1,099	-813	-165

Source: S&P Global Market Intelligence. Standard template. Financial Sources.