The Text with Media component is a two column layout. It consists of four fields that are displayed on the page and three others that provide configuration information. Only content editors can access configuration.
Text items are either on the left or right of the media item. As an example, this is Text left.
Text field (plain)
Text field formatted long
Media (entity reference)
Heading style (h2-h6)
Layout alignment (text left or right of the media item)