Microsoft Excel LibreOffice Calc

Texas Instruments Inc. (TXN)


Common-Size Statement of Financial Position, Liabilities and Stockholders’ Equity

Difficulty: Beginner

Texas Instruments Inc., Common-Size Consolidated Statement of Financial Position, Liabilities and Stockholders’ Equity

Microsoft Excel LibreOffice Calc
Dec 31, 2018 Dec 31, 2017 Dec 31, 2016 Dec 31, 2015 Dec 31, 2014
Current portion of long-term debt 4.37 2.83 3.84 6.16 5.65
Accounts payable 2.79 2.64 2.41 2.38 2.47
Accrued compensation 4.22 4.09 4.32 4.09 3.67
Income taxes payable 0.60 0.73 0.51 0.59 0.40
Deferred income taxes 0.00 0.00 0.00 0.00 0.02
Accrued expenses and other liabilities 2.45 2.51 2.70 2.53 2.81
Current liabilities 14.44% 12.80% 13.78% 15.74% 15.02%
Long-term debt, excluding current portion 25.20 20.28 18.12 19.22 20.55
Underfunded retirement plans 0.69 0.50 0.79 1.21 1.27
Deferred tax liabilities 0.25 0.44 0.20 0.23 2.25
Long-term portion of tax on indefinitely reinvested earnings 2.95 3.60 0.00 0.00 0.00
Other 3.99 3.79 3.37 2.32 2.29
Other long-term liabilities 6.94% 7.39% 3.37% 2.32% 2.29%
Long-term liabilities 33.08% 28.61% 22.48% 22.98% 26.35%
Total liabilities 47.52% 41.41% 36.26% 38.72% 41.37%
Preferred stock, $25 par value; participating cumulative preferred; none issued 0.00 0.00 0.00 0.00 0.00
Common stock, $1 par value 10.16 9.87 10.60 10.73 9.82
Paid-in capital 11.38 10.07 10.19 10.04 7.72
Retained earnings 221.19 196.47 201.49 192.09 167.32
Treasury common stock at cost -187.49 -155.64 -155.33 -148.29 -123.24
Accumulated other comprehensive loss, net of taxes (AOCI) -2.76 -2.18 -3.20 -3.28 -3.00
Stockholders’ equity 52.48% 58.59% 63.74% 61.28% 58.63%
Total liabilities and stockholders’ equity 100.00% 100.00% 100.00% 100.00% 100.00%

Based on: 10-K (filing date: 2019-02-22), 10-K (filing date: 2018-02-22), 10-K (filing date: 2017-02-23), 10-K (filing date: 2016-02-24), 10-K (filing date: 2015-02-24).

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.’s current liabilities as a percentage of total liabilities and stockholders’ equity declined from 2016 to 2017 but then increased from 2017 to 2018 exceeding 2016 level.
Long-term liabilities Amount of obligation due after one year or beyond the normal operating cycle, if longer. Texas Instruments Inc.’s long-term liabilities as a percentage of total liabilities and stockholders’ equity increased from 2016 to 2017 and from 2017 to 2018.
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.’s total liabilities as a percentage of total liabilities and stockholders’ equity increased from 2016 to 2017 and from 2017 to 2018.
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’s 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.’s stockholders’ equity as a percentage of total liabilities and stockholders’ equity declined from 2016 to 2017 and from 2017 to 2018.