Texas instruments incorporated (TXN)
Balance Sheet / Yearly
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Dec'14Sep'14Jun'14Mar'14Dec'13Sep'13Jun'13Mar'13Dec'12Sep'12Jun'12Mar'12Dec'11Sep'11Jun'11Mar'11Dec'10Sep'10Jun'10Mar'10Dec'09Sep'09Jun'09Dec'08
Assets
Current assets:
Cash and cash equivalents

2,518

2,437

3,893

3,813

3,720

2,438

1,502

2,919

1,717

1,656

1,296

1,140

1,073

1,154

1,369

1,235

1,281

1,000

1,133

1,184

1,242

1,199

1,306

1,216

1,565

1,627

1,435

1,180

1,393

1,416

1,210

1,192

1,193

992

1,581

4,501

1,343

1,319

1,093

1,138

1,217

1,182

1,294

1,765

1,046

Short-term investments

2,224

2,950

1,174

405

366

1,795

3,611

2,211

2,362

2,813

2,148

1,844

1,976

2,336

1,768

1,304

1,519

2,218

1,602

2,122

2,062

2,342

1,880

1,588

2,467

2,202

2,158

2,064

2,469

2,549

2,451

1,141

1,572

1,943

1,037

1,899

1,514

1,753

1,417

1,167

1,574

1,743

1,533

792

1,494

Accounts receivable, net of allowances of ($8) and ($8)

1,316

1,074

1,342

1,419

1,440

1,207

1,585

1,551

1,454

1,278

1,576

1,469

1,337

1,267

1,447

1,348

1,269

1,165

1,481

1,434

1,394

1,246

1,477

1,527

1,355

1,203

1,524

1,491

1,333

1,230

1,623

1,629

1,478

1,545

1,784

1,672

1,568

1,518

1,754

1,715

1,526

1,277

1,435

1,244

913

Raw materials

175

176

175

176

191

181

171

155

144

126

120

109

102

102

104

104

105

109

108

112

107

101

97

93

95

102

107

101

99

116

124

123

114

115

148

148

132

122

114

98

95

93

89

81

-

Work in process

915

916

955

958

1,016

1,070

1,058

1,079

1,076

1,089

1,103

1,099

1,017

954

949

946

888

846

913

940

906

896

905

894

898

919

954

926

930

935

988

1,040

996

1,004

1,185

970

934

919

875

812

812

758

767

699

-

Finished goods

913

909

910

945

924

966

887

856

812

742

685

739

724

734

755

826

812

736

750

833

831

787

749

757

721

710

665

693

671

706

736

722

743

669

632

644

612

479

435

439

369

351

260

283

-

Inventories

2,003

2,001

2,040

2,079

2,131

2,217

2,116

2,090

2,032

1,957

1,908

1,947

1,843

1,790

1,808

1,876

1,805

1,691

1,771

1,885

1,844

1,784

1,751

1,744

1,714

1,731

1,726

1,720

1,700

1,757

1,848

1,885

1,853

1,788

1,965

1,762

1,678

1,520

1,424

1,349

1,276

1,202

1,116

1,063

1,375

Deferred income taxes

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

357

347

340

-

378

389

383

393

1,039

1,070

1,051

473

1,043

1,155

1,192

1,174

1,046

793

771

770

601

566

556

546

592

668

695

Prepaid expenses and other current assets

249

299

264

240

294

440

654

821

1,025

1,030

1,063

1,111

811

910

789

926

785

1,000

945

1,088

810

850

964

992

876

863

219

513

259

805

409

351

303

386

303

233

170

180

179

195

174

164

168

208

267

Total current assets

8,310

8,761

8,713

7,956

7,951

8,097

9,468

9,592

8,590

8,734

7,991

7,511

7,040

7,457

7,181

6,689

6,659

7,074

7,289

8,060

7,692

7,421

7,756

7,456

8,360

8,019

8,101

8,038

8,205

8,230

8,584

7,353

7,591

7,828

7,716

10,860

7,044

7,060

6,468

6,130

6,323

6,114

6,138

5,740

5,790

Property, plant and equipment at cost

5,736

5,740

5,683

5,706

5,642

5,425

5,250

5,025

4,907

4,789

4,668

4,656

4,833

4,923

4,982

5,152

5,290

5,465

5,742

6,097

6,177

6,266

6,393

6,452

6,426

6,556

6,539

6,679

6,773

6,891

6,806

6,840

6,840

7,133

7,239

6,573

6,712

6,907

6,897

6,831

6,763

6,705

6,599

6,739

7,321

Accumulated depreciation

2,503

2,437

2,365

2,341

2,324

2,242

2,199

2,170

2,171

2,125

2,101

2,142

2,332

2,411

2,437

2,595

2,736

2,869

3,113

3,412

3,419

3,426

3,463

3,408

3,247

3,157

3,030

3,068

3,034

2,979

2,751

2,666

2,562

2,705

2,667

2,859

3,055

3,227

3,441

3,591

3,601

3,547

3,654

3,799

4,017

Property, plant and equipment

3,233

3,303

3,318

3,365

3,318

3,183

3,051

2,855

2,736

2,664

2,567

2,514

2,501

2,512

2,545

2,557

2,554

2,596

2,629

2,685

2,758

2,840

2,930

3,044

3,179

3,399

3,509

3,611

3,739

3,912

4,055

4,174

4,278

4,428

4,572

3,714

3,657

3,680

3,456

3,240

3,162

3,158

2,945

2,940

3,304

Long-term investments

34

300

298

300

281

251

278

271

271

268

258

250

241

235

233

224

220

221

216

228

232

224

219

219

212

216

210

203

204

215

225

218

239

265

350

334

449

453

523

557

641

637

627

632

653

Goodwill

4,360

4,360

4,360

4,360

4,362

4,362

4,362

4,362

4,362

4,362

4,362

4,362

4,362

4,362

4,362

4,362

4,362

4,362

4,362

4,362

4,362

4,362

4,362

4,362

4,362

4,362

4,362

4,362

4,362

4,362

4,452

4,452

4,452

4,452

4,451

924

924

924

926

926

926

926

926

926

840

Acquisition-related intangibles

290

340

390

469

549

628

707

787

866

946

1,025

1,105

1,184

1,264

1,344

1,424

1,503

1,583

1,662

1,742

1,822

1,902

1,982

2,062

2,142

2,223

2,305

2,388

2,473

2,558

2,643

2,729

2,815

2,900

3,024

63

69

76

86

97

111

124

138

150

91

Deferred tax assets

208

197

257

261

290

295

243

205

218

264

414

412

361

374

355

231

175

201

160

169

174

180

177

194

200

207

227

253

264

280

199

288

302

321

497

925

899

927

907

915

893

926

928

909

990

Capitalized software licenses

138

69

77

88

98

89

94

101

102

110

111

114

116

52

50

52

53

46

54

63

73

83

93

101

111

118

139

159

169

142

166

182

201

206

199

184

193

205

213

229

219

119

124

140

182

Overfunded retirement plans

215

218

106

104

96

92

220

205

215

208

112

99

102

96

64

85

84

85

76

127

128

127

135

126

129

130

119

106

62

68

29

32

37

40

28

25

28

31

23

22

54

64

20

20

17

Other long-term assets

493

468

471

479

498

140

150

149

147

86

89

71

71

79

82

69

76

62

92

96

105

233

246

246

240

264

272

278

223

254

161

93

94

57

70

69

47

45

47

48

41

51

57

53

56

Total assets

17,283

18,018

17,992

17,384

17,443

17,137

18,573

18,527

17,507

17,642

16,929

16,438

15,978

16,431

16,216

15,693

15,686

16,230

16,540

17,532

17,346

17,372

17,900

17,810

18,935

18,938

19,244

19,398

19,701

20,021

20,514

19,521

20,009

20,497

20,907

17,098

13,310

13,401

12,649

12,164

12,370

12,119

11,903

11,510

11,923

Liabilities and stockholders’ equity
Current liabilities:
Commercial paper borrowings

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

500

700

999

-

-

-

0

-

-

-

-

-

-

-

Current portion of long-term debt

1,051

500

499

1,249

750

749

749

0

500

500

499

499

378

631

634

637

1,249

1,000

1,000

1,750

1,000

1,001

1,002

254

1,000

1,000

1,000

1,000

1,500

1,500

1,500

1,500

378

382

-

-

-

0

-

-

-

-

-

-

-

Short-term and current portion of long-term debt

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,586

-

-

-

-

-

-

-

-

-

-

Accounts payable

363

388

397

412

477

478

492

492

488

466

430

450

429

396

428

416

387

386

367

417

432

437

393

402

405

422

426

437

440

444

501

555

589

625

627

623

605

621

623

542

556

503

467

421

324

Accrued compensation

353

714

609

476

342

724

613

472

344

722

635

489

352

710

647

493

340

664

615

481

349

651

613

484

364

554

567

463

365

524

552

454

382

597

532

428

348

629

219

155

90

386

88

60

134

Income taxes payable

62

46

58

87

113

103

104

120

133

128

74

86

77

83

68

58

67

95

84

117

75

71

106

109

101

119

37

218

109

79

106

101

106

101

60

65

247

109

31

18

317

128

148

56

40

Deferred income taxes

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

3

3

4

-

2

2

1

1

2

2

2

2

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

Accrued expenses and other liabilities

552

475

444

422

477

420

424

382

395

442

417

353

366

444

393

387

377

410

431

425

426

498

527

552

600

651

691

682

694

881

766

711

754

795

863

637

593

622

965

823

756

570

959

931

1,034

Total current liabilities

2,381

2,123

2,007

2,646

2,159

2,474

2,382

1,466

1,860

2,258

2,055

1,877

1,602

2,264

2,170

1,991

2,420

2,555

2,500

3,193

2,286

2,658

2,643

1,803

2,471

2,747

2,723

2,802

3,110

3,430

3,425

3,821

2,909

3,499

3,668

1,753

1,793

1,981

1,838

1,538

1,719

1,587

1,662

1,468

1,532

Long-term debt

5,499

5,303

5,302

4,558

5,057

4,319

4,318

5,066

3,578

3,577

3,084

3,084

2,980

2,978

2,977

2,975

2,869

3,120

3,132

3,134

3,638

3,630

3,643

4,394

4,652

4,158

4,161

4,165

4,183

4,186

4,190

2,703

4,207

4,211

4,215

3,498

-

0

-

-

-

-

-

-

-

Underfunded retirement plans

95

93

123

121

120

118

86

82

92

89

108

101

97

129

201

193

195

196

247

254

253

225

222

224

218

216

253

240

258

269

350

700

684

701

617

532

527

519

447

470

425

425

464

502

640

Deferred tax liabilities

64

78

49

49

43

42

43

50

53

78

38

33

36

33

35

40

38

37

308

355

403

64

450

484

536

548

564

584

598

572

596

596

622

607

822

92

82

86

82

70

68

67

60

54

59

Other long-term liabilities

1,510

1,514

1,526

1,524

1,545

1,190

1,228

1,229

1,282

1,303

656

635

624

554

547

532

382

376

383

391

397

405

471

439

438

462

492

539

600

603

550

543

516

527

559

320

334

378

320

331

353

318

279

273

366

Total liabilities

9,549

9,111

9,007

8,898

8,924

8,143

8,057

7,893

6,865

7,305

5,941

5,730

5,339

5,958

5,930

5,731

5,904

6,284

6,570

7,327

6,977

6,982

7,429

7,344

8,315

8,131

8,193

8,330

8,749

9,060

9,111

8,363

8,938

9,545

9,881

6,195

2,736

2,964

2,687

2,409

2,565

2,397

2,465

2,297

2,597

Stockholders’ equity:
Preferred stock, $25 par value. Authorized – 10,000,000 shares Participating cumulative preferred – None issued

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

Common stock, $1 par value. Authorized - 2,400,000,000 shares, Shares issued - 1,740,815,939

1,741

1,741

1,741

1,741

1,741

1,741

1,741

1,741

1,741

1,741

1,741

1,741

1,741

1,741

1,741

1,741

1,741

1,741

1,741

1,741

1,741

1,741

1,741

1,741

1,741

1,741

1,741

1,741

1,741

1,741

1,741

1,741

1,741

1,741

1,741

1,741

1,740

1,740

1,740

1,740

1,740

1,740

1,740

1,740

1,740

Paid-in capital

2,096

2,110

2,058

2,003

1,927

1,950

1,918

1,867

1,770

1,776

1,718

1,683

1,597

1,674

1,757

1,681

1,558

1,629

1,562

1,504

1,410

1,368

1,314

1,273

1,181

1,211

1,125

1,117

1,049

1,176

1,193

1,164

1,112

1,194

1,172

1,108

1,068

1,114

1,128

1,127

1,095

1,086

1,071

1,045

1,022

Retained earnings

40,227

39,898

39,674

38,974

38,396

37,906

37,378

36,413

35,619

34,662

34,935

34,149

33,595

33,107

32,432

31,850

31,457

31,176

30,731

30,286

29,948

29,653

29,189

28,686

28,331

28,173

27,993

27,677

27,330

27,205

27,179

26,592

26,345

26,278

26,175

25,726

25,206

24,695

23,907

23,194

22,573

22,066

21,562

21,163

21,168

Treasury common stock at cost shares: Shares: March 31, 2020 – 819,335,097; December 31, 2019 – 808,784,381

36,002

34,495

34,045

33,775

33,080

32,130

30,167

29,016

28,096

27,458

26,901

26,345

25,767

25,523

25,102

24,774

24,443

24,068

23,551

22,812

22,199

21,840

21,305

20,722

20,113

19,790

19,236

18,877

18,518

18,462

18,093

17,598

17,385

17,485

17,372

16,986

16,738

16,411

16,169

15,652

14,976

14,549

-14,257

-14,061

13,814

Accumulated other comprehensive income (loss), net of taxes (AOCI)

-328

-347

-443

-457

-465

-473

-354

-371

-392

-384

-505

-520

-527

-526

-542

-536

-531

-532

-513

-514

-531

-532

-468

-512

-520

-528

-572

-590

-650

-699

-617

-741

-742

-776

-690

-686

-702

-701

-644

-654

-627

-621

-678

-674

-790

Total stockholders’ equity

7,734

8,907

8,985

8,486

8,519

8,994

10,516

10,634

10,642

10,337

10,988

10,708

10,639

10,473

10,286

9,962

9,782

9,946

9,970

10,205

10,369

10,390

10,471

10,466

10,620

10,807

11,051

11,068

10,952

10,961

11,403

11,158

11,071

10,952

11,026

10,903

10,574

10,437

9,962

9,755

9,805

9,722

9,438

9,213

9,326

Total liabilities and stockholders’ equity

17,283

18,018

17,992

17,384

17,443

17,137

18,573

18,527

17,507

17,642

16,929

16,438

15,978

16,431

16,216

15,693

15,686

16,230

16,540

17,532

17,346

17,372

17,900

17,810

18,935

18,938

19,244

19,398

19,701

20,021

20,514

19,521

20,009

20,497

20,907

17,098

13,310

13,401

12,649

12,164

12,370

12,119

11,903

11,510

11,923