Exhibit 11

TEXAS INSTRUMENTS INCORPORATED AND SUBSIDIARIES

EARNINGS PER COMMON AND DILUTIVE POTENTIAL COMMON SHARE

(In millions of dollars, except per-share amounts)

	For Three Months Ended
	March 31, 2004		March 31, 2003
Net income	$	367	$	117
Diluted earnings per common and dilutive potential common share:
Weighted average common shares outstanding (in thousands)		1,732,711		1,729,909
Weighted average dilutive potential common shares:
Stock option and compensation plans		50,859		23,503
Weighted average common and dilutive potential common shares		1,783,570		1,753,412
Diluted earnings per common share	$	.21	$	.07
Basic earnings per common share:
Weighted average common shares outstanding (in thousands)		1,732,711		1,729,909
Basic earnings per common share	$	.21	$	.07