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Exhibit 99 TI reports third quarter 2021 financial results and shareholder returns Conference call on TI website at 3:30 p.m. Central time today www.ti.com/ir DALLAS ( Oct. 26 , 2021 ) - Texas Instruments Incorporated ( TI ) ( Nasdaq : TXN ) today reported third quarter revenue of $ 4.64 billion , net income of $ 1.95 billion and earnings per share of $ 2.07 . Regarding the company's performance and returns to shareholders , Rich Templeton , TI's chairman , president and CEO , made the following comments : " Revenue increased 22 % from the same quarter a year ago due to strong demand in industrial , automotive and personal electronics . Analog revenue grew 24 % and Embedded Processing grew 13 % from the same quarter a year ago . " Our cash flow from operations of $ 8.5 billion for the trailing 12 months again underscored the strength of our business model . Free cash flow for the same period was $ 7.1 billion and 41 % of revenue . This reflects the quality of our product portfolio , as well as the efficiency of our manufacturing strategy , including the benefit of 300 - millimeter production . " We returned $ 4.2 billion to owners in the past 12 months through dividends and stock repurchases . Over the same period , our dividend represented 53 % of free cash flow , underscoring its sustainability . In September , we announced we would increase our dividend by 13 % . " TI's fourth quarter outlook is for revenue in the range of $ 4.22 billion to $ 4.58 billion and earnings per share between $ 1.83 and $ 2.07 . We continue to expect our 2021 annual operating tax rate to be about 14 % . " 1