Investor Presentaiton
FORM 10-K
Notice regarding forward-looking statements
This report includes forward-looking statements intended to qualify for the safe harbor from liability established by the Private
Securities Litigation Reform Act of 1995. These forward-looking statements generally can be identified by phrases such as TI or its
management "believes," "expects," "anticipates," "foresees," "forecasts," "estimates" or other words or phrases of similar
import. Similarly, statements herein that describe TI's business strategy, outlook, objectives, plans, intentions or goals also are
forward-looking statements. All such forward-looking statements are subject to certain risks and uncertainties that could cause
actual results to differ materially from those in forward-looking statements.
We urge you to carefully consider the following important factors that could cause actual results to differ materially from the
expectations of TI or our management:
• Market demand for semiconductors, particularly in TI's end markets;
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TI's ability to compete in products and prices in an intensely competitive industry;
Customer demand that differs from forecasts and the financial impact of inadequate or excess TI inventory that results from
demand that differs from projections;
TI's ability to develop, manufacture and market innovative products in a rapidly changing technological environment;
Economic, social and political conditions in the countries in which TI, our customers or our suppliers operate, including
security risks; global trade policies; political and social instability; health conditions; possible disruptions in transportation,
communications and information technology networks; and fluctuations in foreign currency exchange rates;
Natural events such as severe weather, geological events or health epidemics in the locations in which TI, our customers or
our suppliers operate;
Breaches or disruptions of TI's information technology systems or those of our customers or suppliers;
• Timely implementation of new manufacturing technologies and installation of manufacturing equipment, or the ability to
obtain needed third-party foundry and assembly/test subcontract services;
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Availability and cost of raw materials, utilities, manufacturing equipment, third-party manufacturing services and
manufacturing technology;
Compliance with or changes in the complex laws, rules and regulations to which TI is or may become subject, or actions of
enforcement authorities, that restrict TI's ability to manufacture or ship our products or operate our business, or subject TI
to fines, penalties, or other legal liability;
Product liability or warranty claims, claims based on epidemic or delivery failure, or other claims relating to TI products,
manufacturing, services, design or communications, or recalls by TI customers for a product containing a Tl part;
Changes in the tax rate applicable to TI as the result of changes in tax law, the jurisdictions in which profits are
determined to be earned and taxed, adverse resolution of tax audits, increases in tariff rates, and the ability to realize
deferred tax assets;
A loss suffered by a customer or distributor of TI with respect to TI-consigned inventory;
Financial difficulties of distributors or their promotion of competing product lines to TI's detriment, or the loss of a
significant number of distributors;
• Losses or curtailments of purchases from key customers or the timing and amount of distributor and other customer
inventory adjustments;
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TI's ability to maintain or improve profit margins, including our ability to utilize our manufacturing facilities at sufficient
levels to cover its fixed operating costs, in an intensely competitive and cyclical industry;
TI's ability to maintain and enforce a strong intellectual property portfolio and maintain freedom of operation; or TI's
exposure to infringement claims;
Instability in the global credit and financial markets that affects TI's ability to fund our daily operations, invest in the
business, make strategic acquisitions, or make principal and interest payments on our debt;
Increases in health care and pension benefit costs;
TI's ability to recruit and retain skilled engineering, management and technical personnel;
• TI's ability to successfully integrate and realize opportunities for growth from acquisitions, or our ability to realize our
expectations regarding the amount and timing of restructuring charges and associated cost savings; and
Impairments of TI's non-financial assets.
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For a more detailed discussion of these factors see the Risk Factors discussion in Item 1A of this report. The forward-looking
statements included in this report are made only as of the date of this report, and we undertake no obligation to update the
forward-looking statements to reflect subsequent events or circumstances.
TEXAS INSTRUMENTS . 2016 FORM 10-K
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