Balance Sheet: Liabilities and Stockholders’ Equity
Quarterly Data

The balance sheet provides creditors, investors, and analysts with information on company resources (assets) and its sources of capital (its equity and liabilities). It normally also provides information about the future earnings capacity of a company assets as well as an indication of cash flows that may come from receivables and inventories.

Liabilities represents obligations of a company arising from past events, the settlement of which is expected to result in an outflow of economic benefits from the entity.

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

US$ in millions

	Dec 31, 2025	Sep 30, 2025	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
Current portion of long-term debt	500)	500)	—)	—)	750)	1,049)	1,049)	1,349)	599)	300)	299)	500)	500)	499)	499)	500)	500)	500)	499)	—)
Accounts payable	756)	779)	881)	866)	820)	794)	858)	551)	802)	713)	923)	952)	851)	780)	712)	641)	653)	596)	587)	567)
Accrued compensation	829)	724)	595)	418)	839)	721)	569)	399)	836)	707)	561)	394)	799)	662)	520)	386)	775)	665)	531)	388)
Income taxes payable	67)	79)	53)	284)	159)	108)	178)	378)	172)	108)	121)	372)	189)	123)	115)	405)	121)	101)	107)	278)
Accrued expenses and other liabilities	1,007)	1,036)	963)	921)	1,075)	1,014)	983)	876)	911)	824)	807)	686)	646)	734)	714)	596)	520)	551)	477)	467)
Current liabilities	3,159)	3,118)	2,492)	2,489)	3,643)	3,686)	3,637)	3,553)	3,320)	2,652)	2,711)	2,904)	2,985)	2,798)	2,560)	2,528)	2,569)	2,413)	2,201)	1,700)
Long-term debt, excluding current portion	13,548)	13,546)	14,043)	12,848)	12,846)	12,844)	12,842)	12,840)	10,624)	10,922)	10,920)	9,626)	8,235)	7,438)	6,745)	7,242)	7,241)	7,239)	5,752)	6,250)
Underfunded retirement plans	124)	125)	122)	115)	110)	117)	113)	111)	108)	141)	127)	123)	118)	69)	71)	81)	79)	129)	131)	130)
Deferred tax liabilities	66)	60)	63)	56)	53)	54)	55)	55)	63)	66)	69)	73)	66)	92)	90)	94)	87)	86)	87)	88)
Other long-term liabilities	1,415)	1,528)	1,810)	1,843)	1,954)	1,352)	1,187)	1,343)	1,336)	1,226)	1,172)	1,251)	1,226)	1,153)	1,165)	1,314)	1,367)	1,255)	1,279)	1,305)
Long-term liabilities	15,153)	15,259)	16,038)	14,862)	14,963)	14,367)	14,197)	14,349)	12,131)	12,355)	12,288)	11,073)	9,645)	8,752)	8,071)	8,731)	8,774)	8,709)	7,249)	7,773)
Total liabilities	18,312)	18,377)	18,530)	17,351)	18,606)	18,053)	17,834)	17,902)	15,451)	15,007)	14,999)	13,977)	12,630)	11,550)	10,631)	11,259)	11,343)	11,122)	9,450)	9,473)
Preferred stock, $25 par value; none issued	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)
Common stock, $1 par value	1,741)	1,741)	1,741)	1,741)	1,741)	1,741)	1,741)	1,741)	1,741)	1,741)	1,741)	1,741)	1,741)	1,741)	1,741)	1,741)	1,741)	1,741)	1,741)	1,741)
Paid-in capital	4,511)	4,410)	4,245)	4,058)	3,935)	3,813)	3,666)	3,439)	3,362)	3,280)	3,163)	3,016)	2,951)	2,877)	2,783)	2,667)	2,630)	2,563)	2,485)	2,391)
Retained earnings	52,236)	52,369)	52,249)	52,196)	52,262)	52,304)	52,135)	52,199)	52,283)	52,098)	51,522)	50,930)	50,353)	49,519)	48,280)	47,053)	45,919)	44,847)	43,846)	42,860)
Treasury common stock at cost	(42,130)	(41,744)	(41,676)	(41,442)	(40,895)	(40,395)	(40,128)	(40,193)	(40,284)	(40,253)	(40,240)	(40,192)	(40,214)	(39,476)	(38,532)	(37,291)	(36,800)	(36,687)	(36,596)	(36,479)
Accumulated other comprehensive loss, net of taxes (AOCI)	(85)	(149)	(156)	(147)	(140)	(195)	(200)	(203)	(205)	(235)	(246)	(252)	(254)	(154)	(180)	(153)	(157)	(313)	(323)	(347)
Stockholders’ equity	16,273)	16,627)	16,403)	16,406)	16,903)	17,268)	17,214)	16,983)	16,897)	16,631)	15,940)	15,243)	14,577)	14,507)	14,092)	14,017)	13,333)	12,151)	11,153)	10,166)
Total liabilities and stockholders’ equity	34,585)	35,004)	34,933)	33,757)	35,509)	35,321)	35,048)	34,885)	32,348)	31,638)	30,939)	29,220)	27,207)	26,057)	24,723)	25,276)	24,676)	23,273)	20,603)	19,639)

Overall, the liabilities and stockholders’ equity of the company demonstrate a generally increasing trend over the observed period, though with some fluctuations. Total liabilities increased significantly between March 2021 and December 2024, before decreasing slightly in the most recent periods. Stockholders’ equity also exhibited growth, though at a more moderate pace, and experienced a decrease in the final period observed.

Current Liabilities: Current liabilities generally increased from $1.7 billion in March 2021 to a peak of $3.686 billion in September 2024, before decreasing to $3.159 billion by December 2025. A significant increase in current liabilities occurred between March 2023 and March 2024, driven primarily by increases in the current portion of long-term debt and accounts payable. Accounts payable consistently increased from $567 million in March 2021 to $881 million in June 2025, with some quarterly volatility. Accrued compensation also showed a consistent upward trend, peaking at $839 million in December 2024, before decreasing slightly. Income taxes payable were more volatile, with peaks in March 2021 and December 2022, and a general decline in the most recent periods. Accrued expenses and other liabilities also increased over the period, reaching $1,075 million in December 2024 before decreasing.
Long-Term Liabilities: Long-term liabilities, excluding the current portion of long-term debt, showed a substantial increase from $7.773 billion in March 2021 to $16.038 billion in June 2025. Long-term debt, excluding the current portion, was the primary driver of this increase, rising from $6.250 billion to $14.043 billion over the same period. Other long-term liabilities also contributed to the increase, particularly between September 2022 and December 2024. Underfunded retirement plans and deferred tax liabilities remained relatively stable, with minor fluctuations throughout the period.
Stockholders’ Equity: Stockholders’ equity increased from $10.166 billion in March 2021 to $17.268 billion in September 2024, before decreasing to $16.273 billion in December 2025. Retained earnings were the largest component of stockholders’ equity and exhibited consistent growth, reflecting profitability. Paid-in capital also increased steadily. Treasury stock consistently decreased (representing stock repurchases) over the period, contributing to the overall growth in equity. Accumulated other comprehensive loss remained relatively small and negative, with a slight increase in the most recent periods.
Total Liabilities and Stockholders’ Equity: The combined total of liabilities and stockholders’ equity increased from $19.639 billion in March 2021 to $35.321 billion in September 2024, before decreasing to $34.585 billion in December 2025. The increase was primarily driven by the growth in long-term debt and retained earnings. The slight decrease in the final period reflects the combined effect of decreases in both total liabilities and stockholders’ equity.

The significant increase in the current portion of long-term debt in March 2024, coupled with the subsequent decrease, warrants further investigation. The overall trend suggests a growing reliance on debt financing, although the company maintains a substantial equity base.

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Texas Instruments Inc. (NASDAQ:TXN)

Balance Sheet: Liabilities and Stockholders’ Equity Quarterly Data

Balance Sheet: Liabilities and Stockholders’ Equity
Quarterly Data