Stock Analysis on Net
Stock Analysis on Net

Texas Instruments Inc. (NASDAQ:TXN)

Common-Size Balance Sheet: Liabilities and Stockholders’ Equity

Texas Instruments Inc., common-size consolidated balance sheet: liabilities and stockholders’ equity

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Dec 31, 2023 Dec 31, 2022 Dec 31, 2021 Dec 31, 2020 Dec 31, 2019
Current portion of long-term debt 1.85 1.84 2.03 2.84 2.78
Accounts payable 2.48 3.13 2.31 2.14 2.15
Accrued compensation 2.58 2.94 3.14 3.96 3.96
Income taxes payable 0.53 0.69 0.49 0.69 0.26
Accrued capital-related expenditures 1.05 0.70 0.00 0.00 0.00
Other 1.76 1.67 2.44 2.71 2.64
Accrued expenses and other liabilities 2.82% 2.37% 2.44% 2.71% 2.64%
Current liabilities 10.26% 10.97% 10.41% 12.35% 11.78%
Long-term debt, excluding current portion 32.84 30.27 29.34 32.29 29.43
Underfunded retirement plans 0.33 0.43 0.32 0.68 0.52
Deferred tax liabilities 0.19 0.24 0.35 0.47 0.43
Other long-term liabilities 4.13 4.51 5.54 6.74 8.40
Long-term liabilities 37.50% 35.45% 35.56% 40.17% 38.78%
Total liabilities 47.76% 46.42% 45.97% 52.52% 50.57%
Preferred stock, $25 par value; none issued 0.00 0.00 0.00 0.00 0.00
Common stock, $1 par value 5.38 6.40 7.06 9.00 9.66
Paid-in capital 10.39 10.85 10.66 12.06 11.71
Retained earnings 161.63 185.07 186.09 217.31 221.43
Treasury common stock at cost -124.53 -147.81 -149.13 -189.02 -191.45
Accumulated other comprehensive loss, net of taxes (AOCI) -0.63 -0.93 -0.64 -1.86 -1.93
Stockholders’ equity 52.24% 53.58% 54.03% 47.48% 49.43%
Total liabilities and stockholders’ equity 100.00% 100.00% 100.00% 100.00% 100.00%

Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31).

Balance sheet item Description The company
Current liabilities Total obligations incurred as part of normal operations that are expected to be paid during the following twelve months or within one business cycle, if longer. Texas Instruments Inc. current liabilities as a percentage of total liabilities and stockholders’ equity increased from 2021 to 2022 but then decreased significantly from 2022 to 2023.
Long-term liabilities Amount of obligation due after one year or beyond the normal operating cycle, if longer. Texas Instruments Inc. long-term liabilities as a percentage of total liabilities and stockholders’ equity decreased from 2021 to 2022 but then increased from 2022 to 2023 exceeding 2021 level.
Total liabilities Sum of the carrying amounts as of the balance sheet date of all liabilities that are recognized. Liabilities are probable future sacrifices of economic benefits arising from present obligations of an entity to transfer assets or provide services to other entities in the future. Texas Instruments Inc. total liabilities as a percentage of total liabilities and stockholders’ equity increased from 2021 to 2022 and from 2022 to 2023.
Stockholders’ equity Total of all stockholders’ equity (deficit) items, net of receivables from officers, directors, owners, and affiliates of the entity which are attributable to the parent. The amount of the economic entity stockholders’ equity attributable to the parent excludes the amount of stockholders’ equity which is allocable to that ownership interest in subsidiary equity which is not attributable to the parent (noncontrolling interest, minority interest). This excludes temporary equity and is sometimes called permanent equity. Texas Instruments Inc. stockholders’ equity as a percentage of total liabilities and stockholders’ equity decreased from 2021 to 2022 and from 2022 to 2023.