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

	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	Dec 31, 2020	Sep 30, 2020	Jun 30, 2020	Mar 31, 2020
Current portion of long-term debt	500)	—)	—)	750)	1,049)	1,049)	1,349)	599)	300)	299)	500)	500)	499)	499)	500)	500)	500)	499)	—)	550)	550)	551)	1,051)
Accounts payable	779)	881)	866)	820)	794)	858)	551)	802)	713)	923)	952)	851)	780)	712)	641)	653)	596)	587)	567)	415)	411)	409)	363)
Accrued compensation	724)	595)	418)	839)	721)	569)	399)	836)	707)	561)	394)	799)	662)	520)	386)	775)	665)	531)	388)	767)	656)	505)	353)
Income taxes payable	79)	53)	284)	159)	108)	178)	378)	172)	108)	121)	372)	189)	123)	115)	405)	121)	101)	107)	278)	134)	44)	179)	62)
Accrued expenses and other liabilities	1,036)	963)	921)	1,075)	1,014)	983)	876)	911)	824)	807)	686)	646)	734)	714)	596)	520)	551)	477)	467)	524)	524)	519)	552)
Current liabilities	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)	2,390)	2,185)	2,163)	2,381)
Long-term debt, excluding current portion	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)	6,248)	6,247)	6,245)	5,499)
Underfunded retirement plans	125)	122)	115)	110)	117)	113)	111)	108)	141)	127)	123)	118)	69)	71)	81)	79)	129)	131)	130)	131)	103)	99)	95)
Deferred tax liabilities	60)	63)	56)	53)	54)	55)	55)	63)	66)	69)	73)	66)	92)	90)	94)	87)	86)	87)	88)	90)	69)	60)	64)
Other long-term liabilities	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)	1,305)	1,278)	1,234)	1,510)
Long-term liabilities	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)	7,774)	7,697)	7,638)	7,168)
Total liabilities	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)	10,164)	9,882)	9,801)	9,549)
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)	1,741)	1,741)	1,741)
Paid-in capital	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)	2,333)	2,257)	2,182)	2,096)
Retained earnings	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)	42,051)	41,305)	40,780)	40,227)
Treasury common stock at cost	(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)	(36,578)	(36,643)	(36,725)	(36,002)
Accumulated other comprehensive loss, net of taxes (AOCI)	(149)	(156)	(147)	(140)	(195)	(200)	(203)	(205)	(235)	(246)	(252)	(254)	(154)	(180)	(153)	(157)	(313)	(323)	(347)	(360)	(335)	(334)	(328)
Stockholders’ equity	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)	9,187)	8,325)	7,644)	7,734)
Total liabilities and stockholders’ equity	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)	19,351)	18,207)	17,445)	17,283)

Current Portion of Long-Term Debt: The current portion of long-term debt exhibits fluctuations over the observed periods, beginning at 1,051 million USD in March 2020, dropping significantly to 299 million by June 2023, before rising again sharply to 1,349 million in March 2024. The value then declines towards 500 million by September 2025, showing some volatility within the short-term debt obligations.
Accounts Payable: Accounts payable demonstrates a generally increasing trend, rising from 363 million USD in March 2020 to a peak of 952 million in March 2023. Subsequently, there is a partial decline and stabilization ranging from approximately 713 million to 881 million through to September 2025, indicating variability in short-term supplier obligations.
Accrued Compensation: Accrued compensation shows cyclical fluctuations consistent with seasonal or quarterly variations, with peaks observed in December quarters (e.g., 836 million in December 2021 and 839 million in December 2024). Overall, the amounts remain relatively stable between 350 million and 840 million, reflecting consistent payroll-related liabilities.
Income Taxes Payable: Income taxes payable display more volatility, with notable peaks such as 405 million in March 2022 and 378 million in March 2024. The values fluctuate significantly, ranging from as low as 44 million in September 2020 to highs above 370 million, indicating variability possibly due to tax accounting timing and periodic tax liabilities.
Accrued Expenses and Other Liabilities: This category trends upward, starting at 552 million USD in March 2020 and increasing steadily to 1,075 million in December 2024. This consistent increase suggests growing miscellaneous accrued costs and obligations.
Current Liabilities: Current liabilities show a fluctuating but overall upward trend from 2,381 million USD in March 2020 to peaks around 3,686 million in December 2024. Some periods reflect declines, such as between December 2024 and June 2025, indicating changes in short-term obligations possibly due to operational or financing changes.
Long-Term Debt, Excluding Current Portion: Long-term debt excluding the current portion increases substantially over the timeline, from 5,499 million USD in March 2020 to a high of approximately 14,043 million in June 2025. This doubling of long-term debt hints at increased leveraging or financing activities within the company.
Underfunded Retirement Plans: The underfunded retirement plans remain relatively stable with minor fluctuations, generally within the range of 70 to 141 million USD. No significant upward or downward trend is evident, suggesting controlled pension obligations.
Deferred Tax Liabilities: Deferred tax liabilities remain fairly consistent, with values hovering between 53 million and 94 million USD throughout the periods, indicating stable deferred tax positions without major shifts.
Other Long-Term Liabilities: Other long-term liabilities fluctuate moderately, starting at 1,510 million USD in March 2020, reaching a peak of 1,954 million in March 2025, followed by a decline towards 1,528 million by September 2025. This variability reflects changing long-term obligations unrelated to debt or retirement plans.
Long-Term Liabilities: Total long-term liabilities exhibit a clear upward trajectory, rising from 7,168 million USD in March 2020 to around 16,038 million in June 2025 before slightly declining. The increase is primarily driven by rising long-term debt, indicating expanded financing over the analyzed timeframe.
Total Liabilities: Total liabilities grow steadily from approximately 9,549 million USD in March 2020 to a peak reaching about 18,606 million in December 2024, before experiencing some declines in subsequent periods. The increase correlates with the rise in both current and long-term liabilities, signifying overall growth in obligations.
Common Stock and Paid-in Capital: Common stock remains constant at 1,741 million USD, indicating no issuance or buyback impacting par value. Paid-in capital consistently increases from 2,096 million USD in March 2020 to 4,410 million by September 2025, reflecting ongoing equity raises or capital contributions.
Retained Earnings: Retained earnings rise steadily from 40,227 million USD in March 2020 to 52,369 million by September 2025, suggesting sustained profitability and accumulation of earnings over the periods.
Treasury Common Stock at Cost: Treasury stock shows an increasing absolute value of negative balance, expanding from -36,002 million USD in March 2020 to -41,744 million by September 2025, reflecting ongoing share repurchase activities leading to a sizable treasury stock balance.
Accumulated Other Comprehensive Loss, Net of Taxes (AOCI): AOCI shows a modest decline in net loss from approximately -328 million USD in March 2020 to -149 million by September 2025, with fluctuations indicating periodic adjustments to comprehensive income items such as foreign currency translation and pension liabilities.
Stockholders’ Equity: Stockholders’ equity rises consistently from 7,734 million USD in March 2020 to a high of approximately 17,268 million in December 2024 before a slight decline below 16,627 million by September 2025. The increasing equity base aligns with retained earnings growth and paid-in capital contributions, slightly offset by treasury stock increases and comprehensive losses.
Total Liabilities and Stockholders’ Equity: The sum of liabilities and stockholders’ equity expands from 17,283 million USD in March 2020 to approximately 35,004 million by September 2025, indicating overall growth in the company's balance sheet size, driven by increases in both financing and equity components.

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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