Texas Instruments Inc., adjusted current assets

US$ in millions

	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
As Reported
Current assets	15,122)	14,021)	13,685)	10,239)	8,761)
Adjustments
Add: Accounts receivable allowances	16)	13)	8)	11)	8)
After Adjustment
Adjusted current assets	15,138)	14,034)	13,693)	10,250)	8,769)

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Texas Instruments Inc., adjusted total assets

US$ in millions

	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
As Reported
Total assets	32,348)	27,207)	24,676)	19,351)	18,018)
Adjustments
Add: Operating lease right-of-use asset (before adoption of FASB Topic 842)¹	—)	—)	—)	—)	—)
Add: Accounts receivable allowances	16)	13)	8)	11)	8)
Less: Deferred tax assets²	757)	473)	263)	343)	197)
After Adjustment
Adjusted total assets	31,607)	26,747)	24,421)	19,019)	17,829)

¹ Operating lease right-of-use asset (before adoption of FASB Topic 842). See details »

² Deferred tax assets. See details »

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Texas Instruments Inc., adjusted total liabilities

US$ in millions

	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
As Reported
Total liabilities	15,451)	12,630)	11,343)	10,164)	9,111)
Adjustments
Add: Operating lease liability (before adoption of FASB Topic 842)¹	—)	—)	—)	—)	—)
Less: Deferred tax liabilities²	63)	66)	87)	90)	78)
Less: Accrued restructuring	—)	—)	5)	18)	—)
After Adjustment
Adjusted total liabilities	15,388)	12,564)	11,251)	10,056)	9,033)

¹ Operating lease liability (before adoption of FASB Topic 842). See details »

² Deferred tax liabilities. See details »

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Texas Instruments Inc., adjusted stockholders’ equity

US$ in millions

	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
As Reported
Stockholders’ equity	16,897)	14,577)	13,333)	9,187)	8,907)
Adjustments
Less: Net deferred tax asset (liability)¹	694)	407)	176)	253)	119)
Add: Accounts receivable allowances	16)	13)	8)	11)	8)
Add: Accrued restructuring	—)	—)	5)	18)	—)
After Adjustment
Adjusted stockholders’ equity	16,219)	14,183)	13,170)	8,963)	8,796)

¹ Net deferred tax asset (liability). See details »

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Texas Instruments Inc., adjusted capitalization table

US$ in millions

	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
As Reported
Current portion of long-term debt	599)	500)	500)	550)	500)
Long-term debt, excluding current portion	10,624)	8,235)	7,241)	6,248)	5,303)
Total reported debt	11,223)	8,735)	7,741)	6,798)	5,803)
Stockholders’ equity	16,897)	14,577)	13,333)	9,187)	8,907)
Total reported capital	28,120)	23,312)	21,074)	15,985)	14,710)
Adjustments to Debt
Add: Operating lease liability (before adoption of FASB Topic 842)¹	—)	—)	—)	—)	—)
Add: Operating lease liabilities (included in Accrued expenses and other liabilities)²	88)	75)	82)	72)	73)
Add: Operating lease liabilities (included in Other long-term liabilities)³	478)	344)	383)	249)	259)
Adjusted total debt	11,789)	9,154)	8,206)	7,119)	6,135)
Adjustments to Equity
Less: Net deferred tax asset (liability)⁴	694)	407)	176)	253)	119)
Add: Accounts receivable allowances	16)	13)	8)	11)	8)
Add: Accrued restructuring	—)	—)	5)	18)	—)
Adjusted stockholders’ equity	16,219)	14,183)	13,170)	8,963)	8,796)
After Adjustment
Adjusted total capital	28,008)	23,337)	21,376)	16,082)	14,931)

¹ Operating lease liability (before adoption of FASB Topic 842). See details »

² Operating lease liabilities (included in Accrued expenses and other liabilities). See details »

³ Operating lease liabilities (included in Other long-term liabilities). See details »

⁴ Net deferred tax asset (liability). See details »

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Texas Instruments Inc., adjusted net income

US$ in millions

12 months ended:	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
As Reported
Net income	6,510)	8,749)	7,769)	5,595)	5,017)
Adjustments
Add: Deferred income tax expense (benefit)¹	(299)	(191)	15)	(137)	81)
Add: Increase (decrease) in accounts receivable allowances	3)	5)	(3)	3)	(11)
Add: Increase (decrease) in accrued restructuring	—)	(5)	(13)	18)	(28)
Add: Other comprehensive income (loss), net of taxes	49)	(97)	203)	(13)	126)
After Adjustment
Adjusted net income	6,263)	8,461)	7,971)	5,466)	5,185)

¹ Deferred income tax expense (benefit). See details »

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Texas Instruments Inc. (NASDAQ:TXN)

Adjustments to Financial Statements