TI reports Q4 2022 and 2022 financial results and shareholder returns

 

Quarterly segment results

(In millions)

Q4 2022


Q4 2021


 Change  

Analog:






  Revenue

$      3,558


$      3,758


(5) %

  Operating profit

$      1,798


$      2,098


(14) %

Embedded Processing:






  Revenue

$         837


$         764


10 %

  Operating profit

$         293


$         293


0 %

Other:






  Revenue

$         275


$         310


(11) %

  Operating profit*

$           85


$         112


(24) %


* Includes acquisition charges and restructuring charges/other.

 

Annual segment results

(In millions)

2022


2021


 Change  

Analog:






  Revenue

$    15,359


$    14,050


9 %

  Operating profit

$      8,359


$      7,393


13 %

Embedded Processing:






  Revenue

$      3,261


$      3,049


7 %

  Operating profit

$      1,253


$      1,174


7 %

Other:






  Revenue

$      1,408


$      1,245


13 %

  Operating profit*

$         528


$         393


34 %


* 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).

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