diff --git a/core/modules/node/lib/Drupal/node/Tests/NodeTokenReplaceTest.php b/core/modules/node/lib/Drupal/node/Tests/NodeTokenReplaceTest.php
index 1e55f29..d2db1a6 100644
--- a/core/modules/node/lib/Drupal/node/Tests/NodeTokenReplaceTest.php
+++ b/core/modules/node/lib/Drupal/node/Tests/NodeTokenReplaceTest.php
@@ -54,8 +54,8 @@ function testNodeTokenReplacement() {
     $tests['[node:type]'] = 'article';
     $tests['[node:type-name]'] = 'Article';
     $tests['[node:title]'] = check_plain($node->getTitle());
-    $tests['[node:body]'] = text_sanitize($instance['settings']['text_processing'], $node->language()->id, $node->body[0]->getValue(), 'value');
-    $tests['[node:summary]'] = text_sanitize($instance['settings']['text_processing'], $node->language()->id, $node->body[0]->getValue(), 'summary');
+    $tests['[node:body]'] = $node->body->processed;
+    $tests['[node:summary]'] = $node->body->summary_processed;
     $tests['[node:langcode]'] = check_plain($node->language()->id);
     $tests['[node:url]'] = url('node/' . $node->id(), $url_options);
     $tests['[node:edit-url]'] = url('node/' . $node->id() . '/edit', $url_options);
@@ -97,7 +97,7 @@ function testNodeTokenReplacement() {
 
     // Generate and test sanitized token - use full body as expected value.
     $tests = array();
-    $tests['[node:summary]'] = text_sanitize($instance['settings']['text_processing'], $node->language()->id, $node->body[0]->getValue(), 'value');
+    $tests['[node:summary]'] = $node->body->summary_processed;
 
     // Test to make sure that we generated something for each token.
     $this->assertFalse(in_array(0, array_map('strlen', $tests)), 'No empty tokens generated for node without a summary.');
diff --git a/core/modules/node/node.tokens.inc b/core/modules/node/node.tokens.inc
index 9240497..397211f 100644
--- a/core/modules/node/node.tokens.inc
+++ b/core/modules/node/node.tokens.inc
@@ -144,11 +144,11 @@ function node_tokens($type, $tokens, array $data = array(), array $options = arr
 
             // If the summary was requested and is not empty, use it.
             if ($name == 'summary' && !empty($item->summary)) {
-              $output = $sanitize ? text_sanitize($instance['settings']['text_processing'], $field_langcode, $item->getValue(), 'summary') : $item->summary;
+              $output = $sanitize ? $item->summary_processed : $item->summary;
             }
             // Attempt to provide a suitable version of the 'body' field.
             else {
-              $output = $sanitize ? text_sanitize($instance['settings']['text_processing'], $field_langcode, $item->getValue(), 'value') : $item->value;
+              $output = $sanitize ? $item->processed : $item->value;
               // A summary was requested.
               if ($name == 'summary') {
                 // Generate an optionally trimmed summary of the body field.
diff --git a/core/modules/text/lib/Drupal/text/Plugin/field/field_type/TextItemBase.php b/core/modules/text/lib/Drupal/text/Plugin/field/field_type/TextItemBase.php
index 417d354..ee3b13d 100644
--- a/core/modules/text/lib/Drupal/text/Plugin/field/field_type/TextItemBase.php
+++ b/core/modules/text/lib/Drupal/text/Plugin/field/field_type/TextItemBase.php
@@ -83,10 +83,10 @@ public function prepareCache() {
       // source' of a TextProcessed computed property.
       // @todo Clean up this mess by making the TextProcessed property type
       //   support its own cache integration: https://drupal.org/node/2026339.
-      foreach ($this->getPropertyDefinitions() as $definition) {
+      foreach ($this->getPropertyDefinitions() as $property => $definition) {
         if (isset($definition['class']) && ($definition['class'] == '\Drupal\text\TextProcessed')) {
-          $source_property = $definition['settings']['text source'];
-          $this->set('safe_' . $source_property, text_sanitize($text_processing, $langcode, $itemBC, $source_property));
+          // Calculate the processed values, so that it can be cached later on.
+          $this->get($property)->getValue();
         }
       }
     }
diff --git a/core/modules/text/lib/Drupal/text/Plugin/field/formatter/TextDefaultFormatter.php b/core/modules/text/lib/Drupal/text/Plugin/field/formatter/TextDefaultFormatter.php
index dd0ee71..a34da43 100644
--- a/core/modules/text/lib/Drupal/text/Plugin/field/formatter/TextDefaultFormatter.php
+++ b/core/modules/text/lib/Drupal/text/Plugin/field/formatter/TextDefaultFormatter.php
@@ -38,11 +38,7 @@ public function viewElements(EntityInterface $entity, $langcode, FieldInterface
     $elements = array();
 
     foreach ($items as $delta => $item) {
-      // @todo Convert text_sanitize() to work on an NG $item. See
-      // https://drupal.org/node/2026339.
-      $itemBC = $item->getValue(TRUE);
-      $output = text_sanitize($this->getFieldSetting('text_processing'), $langcode, $itemBC, 'value');
-      $elements[$delta] = array('#markup' => $output);
+      $elements[$delta] = array('#markup' => $item->processed);
     }
 
     return $elements;
diff --git a/core/modules/text/lib/Drupal/text/Plugin/field/formatter/TextTrimmedFormatter.php b/core/modules/text/lib/Drupal/text/Plugin/field/formatter/TextTrimmedFormatter.php
index f2ca9e4..b59c73b 100644
--- a/core/modules/text/lib/Drupal/text/Plugin/field/formatter/TextTrimmedFormatter.php
+++ b/core/modules/text/lib/Drupal/text/Plugin/field/formatter/TextTrimmedFormatter.php
@@ -71,10 +71,10 @@ public function viewElements(EntityInterface $entity, $langcode, FieldInterface
     $text_processing = $this->getFieldSetting('text_processing');
     foreach ($items as $delta => $item) {
       if ($this->getPluginId() == 'text_summary_or_trimmed' && !empty($item->summary)) {
-        $output = text_sanitize($text_processing, $langcode, $item->getValue(TRUE), 'summary');
+        $output = $item->summary_processed;
       }
       else {
-        $output = text_sanitize($text_processing, $langcode, $item->getValue(TRUE), 'value');
+        $output = $item->processed;
         $output = text_summary($output, $text_processing ? $item->format : NULL, $this->getSetting('trim_length'));
       }
       $elements[$delta] = array('#markup' => $output);
diff --git a/core/modules/text/lib/Drupal/text/TextProcessed.php b/core/modules/text/lib/Drupal/text/TextProcessed.php
index 9a1910f..b980037 100644
--- a/core/modules/text/lib/Drupal/text/TextProcessed.php
+++ b/core/modules/text/lib/Drupal/text/TextProcessed.php
@@ -21,18 +21,11 @@
 class TextProcessed extends TypedData {
 
   /**
-   * The text property.
+   * Cached processed text.
    *
-   * @var \Drupal\Core\TypedData\TypedDataInterface
+   * @var string|false
    */
-  protected $text;
-
-  /**
-   * The text format property.
-   *
-   * @var \Drupal\Core\TypedData\TypedDataInterface
-   */
-  protected $format;
+  protected $processed = FALSE;
 
   /**
    * Overrides TypedData::__construct().
@@ -51,8 +44,8 @@ public function __construct(array $definition, $name = NULL, TypedDataInterface
   public function setContext($name = NULL, TypedDataInterface $parent = NULL) {
     parent::setContext($name, $parent);
     if (isset($parent)) {
-      $this->text = $parent->get($this->definition['settings']['text source']);
-      $this->format = $parent->get('format');
+      $this->text = $parent->{($this->definition['settings']['text source'])};
+      $this->format = $parent->format;
     }
   }
 
@@ -60,22 +53,28 @@ public function setContext($name = NULL, TypedDataInterface $parent = NULL) {
    * Implements \Drupal\Core\TypedData\TypedDataInterface::getValue().
    */
   public function getValue($langcode = NULL) {
+    if ($this->processed !== FALSE) {
+      return $this->processed;
+    }
 
-    if (!isset($this->text)) {
+    if (empty($this->definition['settings']['text source'])) {
       throw new InvalidArgumentException('Computed properties require context for computation.');
     }
+    $text = $this->parent->{($this->definition['settings']['text source'])};
 
     $field = $this->parent->getParent();
     $entity = $field->getParent();
     $instance = field_info_instance($entity->entityType(), $field->getName(), $entity->bundle());
 
-    if (!empty($instance['settings']['text_processing']) && $this->format->getValue()) {
-      return check_markup($this->text->getValue(), $this->format->getValue(), $entity->language()->id);
+    if (!empty($instance['settings']['text_processing']) && $this->parent->format) {
+      $this->processed = check_markup($text, $this->parent->format, $entity->language()->id);
     }
     else {
-      // If no format is available, still make sure to sanitize the text.
-      return check_plain($this->text->getValue());
+      // Escape all HTML and retain newlines.
+      // @see \Drupal\text\Plugin\field\formatter\TextPlainFormatter
+      $this->processed = nl2br(check_plain($text));
     }
+    return $this->processed;
   }
 
   /**
@@ -83,9 +82,7 @@ public function getValue($langcode = NULL) {
    */
   public function setValue($value, $notify = TRUE) {
     if (isset($value)) {
-      // @todo This is triggered from DatabaseStorageController::invokeFieldMethod()
-      // in the case of case of non-NG entity types.
-      // throw new ReadOnlyException('Unable to set a computed property.');
+      $this->processed = $value;
     }
   }
 }
diff --git a/core/modules/text/text.module b/core/modules/text/text.module
index 0bb7427..12288cd 100644
--- a/core/modules/text/text.module
+++ b/core/modules/text/text.module
@@ -41,42 +41,6 @@ function text_help($path, $arg) {
 }
 
 /**
- * Sanitizes the 'value' or 'summary' data of a text value.
- *
- * Depending on whether the field instance uses text processing, data is run
- * through check_plain() or check_markup().
- *
- * @param bool $text_processing
- *   Whether to process the text via check_markup().
- * @param string $langcode
- *  The language associated with $item.
- * @param array $item
- *   The field value to sanitize.
- * @param string $column
- *   The column to sanitize (either 'value' or 'summary').
- *
- * @return string
- *   The sanitized string.
- */
-function text_sanitize($text_processing, $langcode, $item, $column) {
-  if (isset($item["safe_$column"])) {
-    return $item["safe_$column"];
-  }
-
-  // Optimize by opting out for the trivial 'empty string' case.
-  if ($item[$column] == '') {
-    return '';
-  }
-
-  if ($text_processing) {
-    return check_markup($item[$column], $item['format'], $langcode);
-  }
-  // Escape all HTML and retain newlines.
-  // @see \Drupal\text\Plugin\field\formatter\TextPlainFormatter
-  return nl2br(check_plain($item[$column]));
-}
-
-/**
  * Generates a trimmed, formatted version of a text field value.
  *
  * If the end of the summary is not indicated using the <!--break--> delimiter