TI reports 1Q14 financial results and shareholder returns

Free cash flow and associated ratios:

This release also includes references to free cash flow and various ratios based on that measure. These are financial measures that were not prepared in accordance with GAAP.  Free cash flow was calculated by subtracting Capital expenditures from the most directly comparable GAAP measure, Cash flow from operating activities (also referred to as Cash flow from operations). The various ratios in the release compare free cash flow to the following GAAP measures: Revenue, Dividends paid and Stock repurchases.

The company believes these non-GAAP measures provide insight into its liquidity, its cash-generating capability and the amount of cash potentially available to return to investors, as well as insight into its financial performance.  These non-GAAP measures are supplemental to the comparable GAAP measures.

Reconciliation to the most directly comparable GAAP-based measures is provided in the tables below.


(Millions of dollars)

Free cash flow:

For Three

 Months Ended

Mar. 31, 2014

For Twelve

 Months Ended

Mar. 31, 2014

For Twelve

Months Ended

Mar. 31, 2013



$             2,983

$           12,302

$           12,589

Cash flow from operations (GAAP)

$                462

$             3,486

$             3,324


Capital expenditures




Free cash flow (non-GAAP)

$                385

$             3,081

$             2,848


Cash flow from operations as a percent of revenue (GAAP)




Free cash flow as a percent of revenue (non-GAAP)




Total cash returned to shareholders as a percentage of targeted cash return:

For Twelve

Months Ended

Mar. 31, 2014

Dividends paid

$              1,268

Stock repurchases


Total cash returned to shareholders

$              4,177

Free cash flow (non-GAAP)

$              3,081

    Proceeds from issuance of long-term debt

$              1,484

    Repayment of debt


Net debt retirement

$                 (16)

Proceeds from common stock transactions


Targeted cash return to shareholders (non-GAAP)  

$              4,208

Total cash returned to shareholders as a percentage of targeted cash return to shareholders



« Previous Page 1 | 2 | 3 | 4 | 5 | 6 | 7  Next Page »

Review Article Be the first to review this article

 Advanced Asembly

Featured Video
Latest Blog Posts
Bob Smith, Executive DirectorBridging the Frontier
by Bob Smith, Executive Director
You’re Invited! CEO Outlook May 18
Anupam BakshiAgnisys Automation Review
by Anupam Bakshi
Automating the UVM Register Abstraction Layer (RAL)
Senior HID Sensor Algorithm Architect for Apple Inc at Cupertino, California
Circuit Design & Layout Simulation Engineer - Co-Op (Spring 2021) for Global Foundaries at Santa Clara, California
Pre-silicon Design Verification Engineer for Intel at Santa Clara, California
Technical Product Manager- SISW-EDA 238452 for Siemens AG at Fremont, California
Senior Staff Field Application Engineer for Global Foundaries at Santa Clara, California
ASIC SoC Verification Engineer for Ericsson at Austin, Texas
Upcoming Events
Virtual ASMC 2021 at United States - May 10 - 12, 2021
DVCon China 2021 at Shanghai China - May 26, 2021
CadenceLIVE Americas 2021 at United States - Jun 8 - 9, 2021
DesignCon 2021 at San Jose McEnery Convention Center San Jose, CA San Jose CA - Aug 16 - 18, 2021

© 2021 Internet Business Systems, Inc.
670 Aberdeen Way, Milpitas, CA 95035
+1 (408) 882-6554 — Contact Us, or visit our other sites:
AECCafe - Architectural Design and Engineering TechJobsCafe - Technical Jobs and Resumes GISCafe - Geographical Information Services  MCADCafe - Mechanical Design and Engineering ShareCG - Share Computer Graphic (CG) Animation, 3D Art and 3D Models
  Privacy PolicyAdvertise