Stock Analysis on Net
Stock Analysis on Net

Texas Instruments Inc. (NASDAQ:TXN)

Common-Size Balance Sheet: Assets
Quarterly Data

Texas Instruments Inc., common-size consolidated balance sheet: assets (quarterly data)

Microsoft Excel
Mar 31, 2024 Dec 31, 2023 Sep 30, 2023 Jun 30, 2023 Mar 31, 2023 Dec 31, 2022 Sep 30, 2022 Jun 30, 2022 Mar 31, 2022 Dec 31, 2021 Sep 30, 2021 Jun 30, 2021 Mar 31, 2021 Dec 31, 2020 Sep 30, 2020 Jun 30, 2020 Mar 31, 2020 Dec 31, 2019 Sep 30, 2019 Jun 30, 2019 Mar 31, 2019
Cash and cash equivalents 7.12 9.16 8.11 11.12 15.32 11.21 12.16 15.38 13.87 18.77 24.33 17.71 12.43 16.06 15.50 24.61 14.57 13.53 21.64 21.93 21.33
Short-term investments 22.67 17.35 20.17 19.76 17.34 22.12 22.72 18.55 25.00 20.70 17.70 18.16 21.61 17.89 14.81 3.82 12.87 16.37 6.53 2.33 2.10
Accounts receivable, net of allowances 4.79 5.52 6.25 6.32 6.42 6.97 7.83 8.86 7.10 6.89 7.10 7.72 8.07 7.31 7.65 6.74 7.61 5.96 7.46 8.16 8.26
Raw materials 1.20 1.30 1.27 1.25 1.29 1.30 1.28 1.23 1.05 0.99 0.96 0.98 0.93 0.93 1.05 1.04 1.01 0.98 0.97 1.01 1.09
Work in process 6.10 6.52 6.79 6.82 6.33 5.68 5.17 5.09 4.55 4.32 4.44 4.83 4.99 4.98 5.27 5.60 5.29 5.08 5.31 5.51 5.82
Finished goods 4.41 4.54 4.30 3.98 3.63 3.15 2.78 2.57 2.55 2.42 2.60 3.20 3.70 4.19 5.06 5.60 5.28 5.04 5.06 5.44 5.30
Inventories 11.70% 12.36% 12.35% 12.05% 11.25% 10.13% 9.23% 8.89% 8.15% 7.74% 8.00% 9.01% 9.62% 10.10% 11.38% 12.24% 11.59% 11.11% 11.34% 11.96% 12.22%
Prepaid expenses and other current assets 3.73 2.35 0.84 0.90 1.07 1.11 0.91 1.08 1.31 1.36 1.23 1.65 1.25 1.56 1.52 1.24 1.44 1.66 1.47 1.38 1.69
Current assets 50.02% 46.75% 47.72% 50.14% 51.41% 51.53% 52.85% 52.76% 55.43% 55.46% 58.37% 54.25% 52.98% 52.91% 50.85% 48.66% 48.08% 48.62% 48.43% 45.77% 45.58%
Property, plant and equipment at cost 39.38 41.02 39.60 37.70 36.93 36.57 36.42 35.70 32.58 31.84 28.62 30.26 30.38 29.87 31.30 32.91 33.19 31.86 31.59 32.82 32.35
Accumulated depreciation -9.45 -10.11 -10.14 -10.15 -10.70 -11.30 -11.54 -11.71 -11.07 -11.01 -11.34 -12.41 -12.91 -12.98 -13.77 -14.56 -14.48 -13.53 -13.14 -13.47 -13.32
Property, plant and equipment 29.93% 30.91% 29.46% 27.55% 26.23% 25.27% 24.89% 23.99% 21.52% 20.83% 17.28% 17.85% 17.47% 16.89% 17.52% 18.35% 18.71% 18.33% 18.44% 19.36% 19.02%
Goodwill 12.50 13.48 13.79 14.10 14.93 16.03 16.74 17.64 17.26 17.68 18.74 21.17 22.21 22.54 23.96 25.00 25.24 24.21 24.24 25.09 25.01
Deferred tax assets 2.35 2.34 2.00 1.74 1.66 1.74 1.12 1.19 1.08 1.07 1.33 1.58 1.69 1.77 1.64 1.35 1.20 1.09 1.43 1.50 1.66
Capitalized software licenses 0.66 0.69 0.44 0.46 0.48 0.56 0.29 0.33 0.36 0.34 0.38 0.48 0.58 0.63 0.73 0.81 0.80 0.38 0.43 0.51 0.56
Overfunded retirement plans 0.48 0.53 0.52 0.59 0.65 0.69 1.05 1.20 1.52 1.59 1.08 1.23 1.20 1.27 1.25 1.28 1.24 1.21 0.59 0.60 0.55
Other long-term assets 4.05 5.29 6.08 5.41 4.64 4.17 3.07 2.90 2.84 3.03 2.82 3.43 3.88 3.98 4.05 4.55 4.73 6.15 6.44 7.18 7.61
Long-term assets 49.98% 53.25% 52.28% 49.86% 48.59% 48.47% 47.15% 47.24% 44.57% 44.54% 41.63% 45.75% 47.02% 47.09% 49.15% 51.34% 51.92% 51.38% 51.57% 54.23% 54.42%
Total assets 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00%

Based on: 10-Q (reporting date: 2024-03-31), 10-K (reporting date: 2023-12-31), 10-Q (reporting date: 2023-09-30), 10-Q (reporting date: 2023-06-30), 10-Q (reporting date: 2023-03-31), 10-K (reporting date: 2022-12-31), 10-Q (reporting date: 2022-09-30), 10-Q (reporting date: 2022-06-30), 10-Q (reporting date: 2022-03-31), 10-K (reporting date: 2021-12-31), 10-Q (reporting date: 2021-09-30), 10-Q (reporting date: 2021-06-30), 10-Q (reporting date: 2021-03-31), 10-K (reporting date: 2020-12-31), 10-Q (reporting date: 2020-09-30), 10-Q (reporting date: 2020-06-30), 10-Q (reporting date: 2020-03-31), 10-K (reporting date: 2019-12-31), 10-Q (reporting date: 2019-09-30), 10-Q (reporting date: 2019-06-30), 10-Q (reporting date: 2019-03-31).

Balance sheet item Description The company
Current assets Sum of the carrying amounts as of the balance sheet date of all assets that are expected to be realized in cash, sold, or consumed within one year (or the normal operating cycle, if longer). Assets are probable future economic benefits obtained or controlled by an entity as a result of past transactions or events. Texas Instruments Inc. current assets as a percentage of total assets decreased from Q3 2023 to Q4 2023 but then increased from Q4 2023 to Q1 2024 exceeding Q3 2023 level.
Property, plant and equipment Amount after accumulated depreciation, depletion and amortization of physical assets used in the normal conduct of business to produce goods and services and not intended for resale. Examples include, but are not limited to, land, buildings, machinery and equipment, office equipment, and furniture and fixtures. Texas Instruments Inc. property, plant and equipment as a percentage of total assets increased from Q3 2023 to Q4 2023 but then slightly decreased from Q4 2023 to Q1 2024 not reaching Q3 2023 level.
Long-term assets Sum of the carrying amounts as of the balance sheet date of all assets that are expected to be realized in cash, sold or consumed after one year or beyond the normal operating cycle, if longer. Texas Instruments Inc. long-term assets as a percentage of total assets increased from Q3 2023 to Q4 2023 but then decreased significantly from Q4 2023 to Q1 2024.