TI reports Q4 2021 and 2021 financial results and shareholder returns

 

Quarterly segment results

Amounts are in millions of dollars.


Q4 2021


Q4 2020


Change

Analog:






Revenue

$       3,758


$       3,127


20%

Operating profit

$       2,098


$       1,514


39%

Embedded Processing:






Revenue

$          764


$          720


6%

Operating profit

$          293


$          249


18%

Other:






Revenue

$          310


$          229


35%

Operating profit*

$          112


$            50


124%


* Includes acquisition charges and restructuring charges/other.

 

Annual segment results

Amounts are in millions of dollars.


2021


2020


Change

Analog:






Revenue

$     14,050


$     10,886


29%

Operating profit

$       7,393


$       4,912


51%

Embedded Processing:






Revenue

$       3,049


$       2,570


19%

Operating profit

$       1,174


$          743


58%

Other:






Revenue

$       1,245


$       1,005


24%

Operating profit*

$          393


$          239


64%


* Includes acquisition charges and restructuring charges/other.

 

Non-GAAP financial information

This release includes references to free cash flow and 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 flows from operating activities (also referred to as cash flow from operations).

We believe that free cash flow and the associated ratios provide insight into our liquidity, our cash-generating capability and the amount of cash potentially available to return to shareholders, as well as insight into our financial performance. These non-GAAP measures are supplemental to the comparable GAAP measures.

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