Texas Instruments Incorporated (TXN) quarterly balance sheet — complete assets, liabilities & equity history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Total Current Assets | 13.8B | 13.75B | 13.88B | 14.48B | 13.09B | 15.03B | 15.87B | 16.79B | 17.45B | 15.12B | 15.1B | 15.51B | 15.02B | 14.02B | 13.77B | 13.04B | 14.01B | 13.69B | 13.59B | 11.18B |
| Cash & Short-Term Investments | 5.1B | 4.88B | 5.19B | 5.36B | 5B | 7.58B | 8.75B | 9.69B | 10.39B | 8.57B | 8.95B | 9.55B | 9.54B | 9.07B | 9.09B | 8.39B | 9.82B | 9.74B | 9.78B | 7.39B |
| Cash Only | 3.55B | 3.23B | 3.31B | 3.04B | 2.76B | 3.2B | 2.59B | 2.74B | 2.48B | 2.96B | 2.57B | 3.44B | 4.48B | 3.05B | 3.17B | 3.8B | 3.5B | 4.63B | 5.66B | 3.65B |
| Short-Term Investments | 1.55B | 1.66B | 1.88B | 2.31B | 2.24B | 4.38B | 6.16B | 6.95B | 7.91B | 5.61B | 6.38B | 6.11B | 5.07B | 6.02B | 5.92B | 4.58B | 6.32B | 5.11B | 4.12B | 3.74B |
| Accounts Receivable | 2.25B | 1.96B | 2.06B | 3.96B | 3.06B | 1.72B | 2.48B | 2.69B | 2.67B | 1.79B | 1.98B | 1.96B | 1.88B | 1.9B | 2.04B | 2.19B | 1.79B | 1.7B | 1.65B | 1.59B |
| Days Sales Outstanding | 39.25 | 41.86 | 58.41 | 71.75 | 52.8 | 48.24 | 57.35 | 63.83 | 55.39 | 42.46 | 39.91 | 38.49 | 38.76 | 38.76 | 37.13 | 34.79 | 32.07 | 31.93 | 32.14 | 31.54 |
| Inventory | 4.7B | 4.8B | 4.83B | 4.81B | 4.69B | 4.53B | 4.3B | 4.11B | 4.08B | 4B | 3.91B | 3.73B | 3.29B | 2.76B | 2.4B | 2.2B | 2.06B | 1.91B | 1.86B | 1.86B |
| Days Inventory Outstanding | 210.98 | 227.12 | 219.66 | 230.76 | 236.12 | 239.73 | 230.47 | 231.28 | 234.82 | 220.97 | 204.6 | 196.96 | 179.44 | 149.97 | 130.38 | 122.11 | 122.11 | 117.11 | 114.74 | 113.4 |
| Other Current Assets | 0 | 2.1B | 1.8B | 354M | 339M | 1.2B | 341M | 303M | 302M | 761M | 265M | 277M | 313M | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Non-Current Assets | 20.6B | 20.84B | 21.13B | 20.45B | 20.67B | 20.48B | 19.45B | 18.26B | 17.44B | 17.23B | 16.54B | 15.43B | 14.2B | 13.19B | 12.29B | 11.68B | 11.27B | 10.99B | 9.69B | 9.43B |
| Property, Plant & Equipment | 12.14B | 12.32B | 12.35B | 12.32B | 11.81B | 11.35B | 12.6B | 11.17B | 10.44B | 10B | 9.32B | 8.53B | 7.67B | 6.88B | 6.49B | 5.93B | 5.44B | 5.14B | 4.02B | 3.68B |
| Fixed Asset Turnover | 0.39x | 0.36x | 0.38x | 0.37x | 0.35x | 0.33x | 0.35x | 0.35x | 0.36x | 0.42x | 0.51x | 0.56x | 0.60x | 0.70x | 0.84x | 0.92x | 0.93x | 1.05x | 1.21x | 1.29x |
| Goodwill | 4.33B | 4.33B | 4.36B | 4.36B | 4.36B | 4.36B | 4.36B | 4.36B | 4.36B | 4.36B | 4.36B | 4.36B | 4.36B | 4.36B | 4.36B | 4.36B | 4.36B | 4.36B | 4.36B | 4.36B |
| Intangible Assets | 323M | 238M | 237M | 248M | 263M | 257M | 229M | 230M | 231M | 223M | 138M | 143M | 140M | 152M | 75M | 82M | 91M | 85M | 97M | 156M |
| Long-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Assets | 2.83B | 2.98B | 3.09B | 2.42B | 3.21B | 3.58B | 1.31B | 1.59B | 1.58B | 1.89B | 2.09B | 1.86B | 1.54B | 1.32B | 1.07B | 1.01B | 1.1B | 1.14B | 899M | 904M |
| Total Assets | 34.39B | 34.59B | 35B | 34.93B | 33.76B | 35.51B | 35.32B | 35.05B | 34.88B | 32.35B | 31.64B | 30.94B | 29.22B | 27.21B | 26.06B | 24.72B | 25.28B | 24.68B | 23.27B | 20.6B |
| Asset Turnover | 0.14x | 0.13x | 0.14x | 0.13x | 0.12x | 0.11x | 0.12x | 0.11x | 0.11x | 0.13x | 0.14x | 0.15x | 0.16x | 0.18x | 0.21x | 0.21x | 0.20x | 0.20x | 0.21x | 0.23x |
| Asset Growth % | 1.88% | -2.6% | -0.9% | -0.33% | -3.23% | 9.77% | 11.64% | 13.28% | 19.39% | 18.9% | 21.42% | 25.14% | 15.6% | 10.26% | 11.96% | 20% | 28.7% | 27.52% | 27.82% | 18.1% |
| Total Current Liabilities | 3.1B | 3.16B | 3.12B | 2.49B | 2.49B | 3.64B | 3.69B | 3.64B | 3.55B | 3.32B | 2.65B | 2.71B | 2.9B | 2.98B | 2.8B | 2.56B | 2.53B | 2.57B | 2.41B | 2.2B |
| Accounts Payable | 638M | 756M | 779M | 881M | 866M | 820M | 794M | 858M | 551M | 802M | 713M | 923M | 952M | 851M | 780M | 712M | 641M | 571M | 596M | 587M |
| Days Payables Outstanding | 30.96 | 36.19 | 37.82 | 42.44 | 43.21 | 43.85 | 45.31 | 39.79 | 39.31 | 42.34 | 43.83 | 52.63 | 53.52 | 47.39 | 42.26 | 38.79 | 37.28 | 36.22 | 36.5 | 34.93 |
| Short-Term Debt | 1.15B | 619M | 500M | 0 | 0 | 868M | 1.05B | 1.05B | 1.35B | 687M | 300M | 299M | 500M | 500M | 499M | 499M | 500M | 500M | 500M | 499M |
| Deferred Revenue (Current) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 101M | 107M |
| Other Current Liabilities | 920M | 888M | 1.04B | 595M | 418M | 957M | 721M | 569M | 399M | 823M | 707M | 561M | 394M | 1.25B | 734M | 714M | 596M | 1.21B | -101M | -107M |
| Current Ratio | 4.46x | 4.35x | 4.45x | 5.81x | 5.26x | 4.12x | 4.31x | 4.62x | 4.91x | 4.55x | 5.69x | 5.72x | 5.17x | 4.70x | 4.92x | 5.09x | 5.54x | 5.33x | 5.63x | 5.08x |
| Quick Ratio | 2.94x | 2.83x | 2.90x | 3.88x | 3.37x | 2.88x | 3.14x | 3.49x | 3.76x | 3.35x | 4.22x | 4.35x | 4.04x | 3.77x | 4.06x | 4.24x | 4.73x | 4.58x | 4.86x | 4.23x |
| Cash Conversion Cycle | 219.27 | 232.79 | 240.24 | 260.06 | 245.71 | 244.11 | 242.5 | 255.32 | 250.9 | 221.09 | 200.68 | 182.82 | 164.68 | 141.34 | 125.25 | 118.1 | 116.91 | 112.82 | 110.38 | 110.01 |
| Total Non-Current Liabilities | 14.52B | 15.15B | 15.26B | 16.04B | 14.86B | 14.96B | 14.37B | 14.2B | 14.35B | 12.13B | 12.36B | 12.29B | 11.07B | 9.64B | 8.75B | 8.07B | 8.73B | 8.77B | 8.71B | 7.25B |
| Long-Term Debt | 12.9B | 14.16B | 13.55B | 14.04B | 12.85B | 13.51B | 12.84B | 12.84B | 12.84B | 11.1B | 10.92B | 10.92B | 9.63B | 8.23B | 7.44B | 6.75B | 7.24B | 7.24B | 7.24B | 5.75B |
| Capital Lease Obligations | 0 | 612M | 0 | 0 | 0 | 663M | 681M | 0 | 0 | 478M | 0 | 0 | 0 | 344M | 0 | 0 | 0 | 383M | 0 | 0 |
| Deferred Tax Liabilities | 63M | 66M | 60M | 63M | 56M | 53M | 54M | 55M | 55M | 63M | 66M | 69M | 73M | 66M | 92M | 90M | 94M | 87M | 86M | 87M |
| Other Non-Current Liabilities | 1.55B | 315M | 1.65B | 1.93B | 1.96B | 738M | 788M | 1.3B | 1.45B | 488M | 1.37B | 1.3B | 1.37B | 1B | 1.22B | 1.24B | 1.4B | 1.06B | 1.38B | 1.41B |
| Total Liabilities | 17.61B | 18.31B | 18.38B | 18.53B | 17.35B | 18.61B | 18.05B | 17.83B | 17.9B | 15.45B | 15.01B | 15B | 13.98B | 12.63B | 11.55B | 10.63B | 11.26B | 11.34B | 11.12B | 9.45B |
| Total Debt | 14.05B | 15.39B | 14.05B | 14.04B | 12.85B | 15.04B | 14.57B | 13.89B | 14.19B | 12.27B | 11.22B | 11.22B | 10.13B | 9.08B | 7.94B | 7.24B | 7.74B | 8.21B | 7.74B | 6.25B |
| Net Debt | 10.5B | 12.17B | 10.73B | 11B | 10.09B | 11.84B | 11.98B | 11.15B | 11.71B | 9.3B | 8.66B | 7.78B | 5.65B | 6.03B | 4.77B | 3.44B | 4.24B | 3.58B | 2.08B | 2.6B |
| Debt / Equity | 0.84x | 0.95x | 0.84x | 0.86x | 0.78x | 0.89x | 0.84x | 0.81x | 0.84x | 0.73x | 0.67x | 0.70x | 0.66x | 0.62x | 0.55x | 0.51x | 0.55x | 0.62x | 0.64x | 0.56x |
| Debt / EBITDA | 7.57x | 7.58x | 6.44x | 6.87x | 7.27x | 8.30x | 7.45x | 8.53x | 8.61x | 6.56x | 5.07x | 4.94x | 4.57x | 3.72x | 2.70x | 2.44x | 2.79x | 3.02x | 3.03x | 2.54x |
| Net Debt / EBITDA | 5.66x | 5.99x | 4.92x | 5.38x | 5.70x | 6.53x | 6.13x | 6.85x | 7.10x | 4.97x | 3.91x | 3.42x | 2.55x | 2.47x | 1.62x | 1.16x | 1.53x | 1.32x | 0.81x | 1.06x |
| Interest Coverage | 13.16x | 10.73x | 12.23x | 12.11x | 10.97x | 11.45x | 12.86x | 10.52x | 12.15x | 16.80x | 20.61x | 23.49x | 29.62x | 37.12x | 51.15x | 55.71x | 49.58x | 51.27x | 51.56x | 51.95x |
| Total Equity | 16.78B | 16.27B | 16.63B | 16.4B | 16.41B | 16.9B | 17.27B | 17.21B | 16.98B | 16.9B | 16.63B | 15.94B | 15.24B | 14.58B | 14.51B | 14.09B | 14.02B | 13.33B | 12.15B | 11.15B |
| Equity Growth % | 2.27% | -3.73% | -3.71% | -4.71% | -3.4% | 0.04% | 3.83% | 7.99% | 11.42% | 15.92% | 14.64% | 13.11% | 8.75% | 9.33% | 19.39% | 26.35% | 37.88% | 45.13% | 45.96% | 45.91% |
| Book Value per Share | 18.36 | 17.82 | 18.19 | 17.99 | 17.91 | 18.39 | 18.77 | 18.73 | 18.52 | 18.47 | 18.16 | 17.40 | 16.64 | 15.91 | 15.72 | 15.15 | 15.01 | 14.24 | 12.98 | 11.90 |
| Total Shareholders' Equity | 16.78B | 16.27B | 16.63B | 16.4B | 16.41B | 16.9B | 17.27B | 17.21B | 16.98B | 16.9B | 16.63B | 15.94B | 15.24B | 14.58B | 14.51B | 14.09B | 14.02B | 13.33B | 12.15B | 11.15B |
| Common Stock | 1.74B | 1.74B | 1.74B | 1.74B | 1.74B | 1.74B | 1.74B | 1.74B | 1.74B | 1.74B | 1.74B | 1.74B | 1.74B | 1.74B | 1.74B | 1.74B | 1.74B | 1.74B | 1.74B | 1.74B |
| Retained Earnings | 52.48B | 52.24B | 52.37B | 52.25B | 52.2B | 52.26B | 52.3B | 52.13B | 52.2B | 52.28B | 52.1B | 51.52B | 50.93B | 50.35B | 49.52B | 48.28B | 47.05B | 45.92B | 44.85B | 43.85B |
| Treasury Stock | -42.08B | -42.13B | -41.74B | -41.68B | -41.44B | -40.9B | -40.4B | -40.13B | -40.19B | -40.28B | -40.25B | -40.24B | -40.19B | -40.21B | -39.48B | -38.53B | -37.29B | -36.8B | -36.69B | -36.6B |
| Accumulated OCI | -84M | -85M | -149M | -156M | -147M | -140M | -195M | -200M | -203M | -205M | -235M | -246M | -252M | -254M | -154M | -180M | -153M | -157M | -313M | -323M |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |