13 unchanged sentences
No expiration date has been specified for this authorization.
−Removed: Selected financial data
−Removed: For Years Ended December 31,
−Removed: (Millions of dollars, except share and per-share amounts) 2020 2019 2018 2017 2016
−Removed: Cash flow data:
−Removed: Cash flows from operating activities $ 6,139 $ 6,649 $ 7,189 $ 5,363 $ 4,614
−Removed: Capital expenditures 649 847 1,131 695 531
−Removed: Free cash flow (a) 5,490 5,802 6,058 4,668 4,083
−Removed: Dividends paid 3,426 3,008 2,555 2,104 1,646
−Removed: Stock repurchases 2,553 2,960 5,100 2,556 2,132
−Removed: Income statement data:
−Removed: Revenue by segment:
−Removed: Analog 10,886 10,223 10,801 9,900 8,536
−Removed: Embedded Processing 2,570 2,943 3,554 3,498 3,023
−Removed: Other 1,005 1,217 1,429 1,563 1,811
−Removed: Revenue 14,461 14,383 15,784 14,961 13,370
−Removed: Gross profit 9,269 9,164 10,277 9,614 8,257
−Removed: Operating expenses (R&D and SG&A) 3,153 3,189 3,243 3,202 3,098
−Removed: Acquisition charges 198 288 318 318 319
−Removed: Restructuring charges/other 24 (36) 3 11 (15)
−Removed: Operating profit 5,894 5,723 6,713 6,083 4,855
−Removed: Net income $ 5,595 $ 5,017 $ 5,580 $ 3,682 $ 3,595
−Removed: A portion of net income is allocated to unvested restricted stock units (RSUs) on which we pay dividend equivalents.
−Removed: Diluted earnings per share (EPS) is calculated using the following:
−Removed: Net income $ 5,595 $ 5,017 $ 5,580 $ 3,682 $ 3,595
−Removed: Income allocated to RSUs (27) (31) (42) (33) (44)
−Removed: Income allocated to common shares for diluted EPS $ 5,568 $ 4,986 $ 5,538 $ 3,649 $ 3,551
−Removed: Average diluted shares outstanding (millions) 933 952 990 1,012 1,021
−Removed: Diluted EPS $ 5.97 $ 5.24 $ 5.59 $ 3.61 $ 3.48
−Removed: Cash dividends declared per common share $ 3.72 $ 3.21 $ 2.63 $ 2.12 $ 1.64
−Removed: (a) Free cash flow is a non-GAAP measure derived by subtracting capital expenditures from cash flows from operating activities.
−Removed: (Millions of dollars) 2020 2019 2018 2017 2016
−Removed: Balance sheet data:
−Removed: Cash, cash equivalents and short-term investments $ 6,568 $ 5,387 $ 4,233 $ 4,469 $ 3,490
−Removed: Total assets 19,351 18,018 17,137 17,642 16,431
−Removed: Current portion of long-term debt 550 500 749 500 631
−Removed: Long-term debt 6,248 5,303 4,319 3,577 2,978
−Removed: See “Management’s discussion and analysis of financial condition and results of operations” and “Financial statements and supplementary data.”
+Added: No longer required per the amendments to Regulation S-K that eliminate Item 301.
Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.