EX-11 4 dex11.htm COMPUTATION OF EARNINGS Computation of Earnings

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 Nine Months Ended

     Sept. 30,
2004


   Sept. 30,
2003


   Sept. 30,
2004


   Sept. 30,
2003


Net income

   $ 563    $ 447    $ 1,371    $ 685
    

  

  

  

Diluted Earnings per Common and Dilutive Potential Common Share:

                           

Weighted average common shares outstanding
(in thousands)

     1,729,838      1,730,891      1,731,557      1,730,872

Weighted average dilutive potential common shares:

                           

Stock option and compensation plans

     29,492      35,910      39,178      30,627
    

  

  

  

Weighted average common and dilutive potential common shares

     1,759,330      1,766,801      1,770,735      1,761,499
    

  

  

  

Diluted Earnings per Common Share:

                           

Net income

   $ .32    $ .25    $ .77    $ .39
    

  

  

  

Basic Earnings per Common Share:

                           

Weighted average common shares outstanding
(in thousands)

     1,729,838      1,730,891      1,731,557      1,730,872
    

  

  

  

Basic Earnings per Common Share:

                           

Net income

   $ .33    $ .26    $ .79    $ .40