Stock Analysis on Net

Texas Instruments Inc. (NASDAQ:TXN)

$24.99

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.

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

US$ in millions

Microsoft Excel
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
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: 2025-09-30), 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 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.