EX-11 4 0004.txt EXHIBIT 11 ---------- TEXAS INSTRUMENTS INCORPORATED AND SUBSIDIARIES EARNINGS PER COMMON AND DILUTIVE POTENTIAL COMMON SHARE Years ended December 31 ------------------------------------------ 2000 1999 1998 ---------- ---------- ---------- Income before cumulative effect of an accounting change (in millions)..... $3,087 $1,451 $ 452 Add: Interest, net of tax effect on convertible debentures assumed converted................... 6 -- -- ---------- ---------- ---------- Adjusted income before cumulative effect of an accounting change.... 3,093 1,451 452 Cumulative effect of an accounting change............................ (29) -- -- ---------- ---------- ---------- Adjusted net income................. $3,064 $1,451 $ 452 ========== ========== ========== Diluted earnings per common and dilutive potential common share: Weighted average common shares outstanding (in thousands)......... 1,717,484 1,680,282 1,665,307 Weighted average dilutive potential common shares: Stock option and compensation plans............. 69,367 69,377 45,838 Convertible debentures......... 4,779 -- -- ---------- ---------- ---------- Weighted average common and dilutive potential common shares......... 1,791,630 1,749,659 1,711,145 ========== ========== ========== Diluted earnings per common share: Income before cumulative effect of an accounting change....... $1.73 $0.83 $0.26 Cumulative effect of an accounting change............. (0.02) -- -- ---------- ---------- ---------- Net income....................... $1.71 $0.83 $0.26 ========== ========== ========== Basic earnings per common share: Weighted average common shares outstanding (in thousands)......... 1,717,484 1,680,282 1,665,307 ========== ========== ========= Basic earnings per common share: Income before cumulative effect of an accounting change....... $1.80 $0.86 $0.27 Cumulative effect of an accounting change............. (0.02) -- -- ---------- ---------- ---------- Net income......................... $1.78 $0.86 $0.27 ========== ========== =========