Exhibit 11

TEXAS INSTRUMENTS INCORPORATED AND SUBSIDIARIES

EARNINGS (LOSS) PER COMMON AND DILUTIVE POTENTIAL COMMON SHARE

(Millions of Dollars, Except Per-share Amounts)

	Years ended December 31
	2003		2002			2001
Net income (loss)	$	1,198	$	(344	)	$	(201	)
Diluted earnings (loss) per common and dilutive potential common share:
Weighted average common shares outstanding (in thousands)		1,731,325		1,733,343			1,734,506
Weighted average dilutive potential common shares:
Stock option and compensation plans		35,075		—			—
Weighted average common and dilutive potential common shares		1,766,400		1,733,343			1,734,506
Diluted earnings (loss) per common share:
Net income (loss)	$	.68	$	(.20	)	$	(.12	)
Basic earnings (loss) per common share:
Weighted average common shares outstanding (in thousands)		1,731,325		1,733,343			1,734,506
Basic earnings (loss) per common share:
Net income (loss)	$	.69	$	(.20	)	$	(.12	)