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CLAIM #58080 · Texas Instruments Incorporated (TXN) · 2022Q2 earnings call · Jul 26, 2022 · due Dec 31, 2022

For this year, it looks like we’re going to be coming in at about $2.5 billion, about as expected it could come in a little higher than that.

Rafael Lizardi · CFO

PENDING
graded after results covering Dec 31, 2022 are reported

In context

, as we pointed out was, the revenue came in late in the quarter or a disproportionate amount of the revenue came in late. So that means that a lot of the cash was stuck in accounts receivable, as I talked about in the prepared remarks. So that’s going to distort some of your trends from cash -- from a cash flow standpoint a little bit. Beyond that big picture, we are very excited about these investments in manufacturing and technology. They’re going to continue to position us well for the long-term, given us the manufacturing platform that is needed to support revenue growth and that will have CapEx increase, as we have talked about in February. In fact, at that time, we talked about for the next four years, from 2020 to 2025 and average CapEx, that’s an average of $3.5 billion per year. For this year, it looks like we’re going to be coming in at about $2.5 billion, about as expected it could come in a little higher than that. And then, obviously, since the average is $3.5 billion, you would expect the subsequent years to then come in higher than that number. Dave Pahl: Okay. Thank you, Vivek. We’ll go to the next caller, please. Operator: We’ll take our next question from Ross Seymore with Deutsche Bank. Please go ahead. Ross Seymore: Hi, guys. I wanted to ask about the supply side of the equation, you have a bunch of new facilities that are coming online. You talked about breaking ground in Sherman. But before that you have RFAB2 and then you have LFAB. So can you just talk to us about when does that capacity come online where it can be a tailwind to revenue and how should we think about the depreciation from those rolling in -- acknowledging, of course, that Rafael, you just told us we’re going to have $1 bi

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SEC filings for TXN · Claim quote is verbatim from the 2022Q2 earnings call.