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				For Six Months Ended
	June 30, 2004		June 30, 2003		June 30, 2004		June 30, 2003
Net income	$	441	$	121	$	808	$	238
Diluted Earnings per Common and Dilutive Potential Common Share:
Weighted average common shares outstanding (in thousands)		1,732,140		1,731,806		1,732,426		1,730,863
Weighted average dilutive potential common shares:
Stock option and compensation plans		39,454		30,821		45,340		27,175
Weighted average common and dilutive potential common shares		1,771,594		1,762,627		1,777,766		1,758,038
Diluted Earnings per Common Share:
Net income	$	.25	$	.07	$	.45	$	.14
Basic Earnings per Common Share:
Weighted average common shares outstanding (in thousands)		1,732,140		1,731,806		1,732,426		1,730,863
Basic Earnings per Common Share:
Net income	$	.25	$	.07	$	.47	$	.14