The document discusses various text formatting tools in PowerPoint including fonts, themes, font sizes, effects, lists, word art, text boxes, and spelling/thesaurus features. Formatting tools are grouped in the font and paragraph sections of the Home tab. Themes determine colors, fonts, layouts and effects. Font size and emphasis can be adjusted, and the format painter copies formats. Lists, word art, text boxes, and their formatting properties such as fills, borders, shapes and effects are also covered. The spelling and thesaurus features are explained.