Stock Analysis on Net

Texas Instruments Inc. (NASDAQ:TXN)

$24.99

Common-Size Balance Sheet: Liabilities and Stockholders’ Equity
Quarterly Data

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

Microsoft Excel
Jun 30, 2025 Mar 31, 2025 Dec 31, 2024 Sep 30, 2024 Jun 30, 2024 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
Current portion of long-term debt
Accounts payable
Accrued compensation
Income taxes payable
Accrued expenses and other liabilities
Current liabilities
Long-term debt, excluding current portion
Underfunded retirement plans
Deferred tax liabilities
Other long-term liabilities
Long-term liabilities
Total liabilities
Preferred stock, $25 par value; none issued
Common stock, $1 par value
Paid-in capital
Retained earnings
Treasury common stock at cost
Accumulated other comprehensive loss, net of taxes (AOCI)
Stockholders’ equity
Total liabilities and stockholders’ equity

Based on: 10-Q (reporting date: 2025-06-30), 10-Q (reporting date: 2025-03-31), 10-K (reporting date: 2024-12-31), 10-Q (reporting date: 2024-09-30), 10-Q (reporting date: 2024-06-30), 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).


Current Portion of Long-Term Debt
The current portion of long-term debt as a percentage of total liabilities and stockholders’ equity showed a general decline from 6.08% in March 2020 to around 1.71% by December 2022. A notable decrease occurred during 2023 reaching a low of 0.95% in June 2023 before fluctuating upward again to 3.87% in March 2024, then moderating between approximately 2-3% towards mid-2025.
Accounts Payable
Accounts payable remained relatively stable, fluctuating modestly between approximately 2.1% and 3.26%. It peaked modestly at 3.26% in March 2023 but generally stayed close to the 2.3% to 2.9% range, indicating consistent short-term creditor obligations relative to total liabilities and equity.
Accrued Compensation
Accrued compensation exhibited volatility, starting at 2.04% in March 2020, rising to a peak of 3.96% by December 2020, then declining sharply in early 2023 to below 1.5%. Subsequently, it gradually increased again reaching around 2.58% by December 2023, before tapering off below 2% towards mid-2025, reflecting fluctuations in accrued employee-related expenses.
Income Taxes Payable
Income taxes payable presented irregular fluctuations without a clear trend, ranging from a low of 0.15% in June 2025 to highs near 1.6% in March 2022. The data suggest inconsistent variations in payable taxes as a proportion of total liabilities and equity.
Accrued Expenses and Other Liabilities
This category remained relatively stable, with values oscillating between 2.11% and 3.03%. Slight upward pressure was observed toward later periods, indicating a steady level of accrued short-term obligations and other liabilities.
Current Liabilities
Current liabilities as a percentage of total liabilities and equity decreased from 13.78% in March 2020 to a low of 7.13% in June 2025. The values showed a dip notably in 2023 and early 2024 before a modest rebound and stabilization around 10% in certain periods.
Long-Term Debt Excluding Current Portion
Long-term debt (excluding current portion) demonstrated moderate volatility, declining from 31.82% in March 2020, dipping to around 27% mid-2022, then increasing to over 40% by mid-2025. This upward trend towards the end of the period indicates increasing reliance on long-term debt financing.
Underfunded Retirement Plans
Underfunded retirement plans remained minor and stable, fluctuating slightly around 0.3% to 0.7%, reflecting a consistent and relatively small proportion of total liabilities and equity.
Deferred Tax Liabilities
Deferred tax liabilities steadily decreased over the period, from 0.37% in March 2020, down to about 0.15%-0.18% in the latest quarters, suggesting a reduced deferred tax obligation relative to total capital structure.
Other Long-Term Liabilities
Other long-term liabilities decreased from 8.74% in March 2020 to a low around 3.79%-4.13% in 2023, before rising to about 5.18%-5.50% in 2024-2025. This reflects a contraction followed by a modest expansion in other long-term obligations.
Long-Term Liabilities
Long-term liabilities overall decreased from 41.47% in March 2020 to near 32.65% in mid-2022, before rising steadily to almost 46% by mid-2025. This reflects increased long-term financing and obligations over recent quarters after a period of decline.
Total Liabilities
Total liabilities as a proportion of total capital structure decreased from a peak of 56.18% in June 2020 to a low of approximately 43% in mid-2022, then increased gradually, reaching over 53% by mid-2025. This U-shaped trend indicates a reduction in liabilities followed by growth in indebtedness.
Common Stock
Common stock percentage of total liabilities and equity showed a declining trend from 10.07% in March 2020 down to a trough near 4.9%-5.16% in 2024-2025. This suggests a relative decrease in common stock book value against total capital.
Paid-in Capital
Paid-in capital remained fairly stable, fluctuating modestly around 10%-12%. A slight downward trend occurred from 12.13% in March 2020 to around 9.86%-10.39% during 2023-2024, with a modest recovery toward 12.15% by mid-2025.
Retained Earnings
Retained earnings presented a declining trend from 232.75% in March 2020 to as low as 147.18% by March 2025, indicating significant outflows relative to the base capital structure. A small recovery was observed near the end of the period.
Treasury Common Stock at Cost
Treasury stock at cost consistently represented a large negative proportion of total liabilities and equity, decreasing in absolute value from -208.31% in early 2020 to approximately -114% by late 2024, reflecting significant treasury stock repurchases or accounting adjustments.
Accumulated Other Comprehensive Loss (AOCI)
AOCI remained a small negative component, improving from about -1.9% in 2020 to a reduced loss near -0.39% in 2024, signaling diminished comprehensive losses over time.
Stockholders’ Equity
Stockholders’ equity proportion increased steadily from 44.75% in early 2020 to a peak near 57% in mid-2022, then gradually declined to just below 47% by mid-2025. This pattern suggests strengthening equity in the earlier phase followed by relative contraction against liabilities.