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 |
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| 2003 |
2002 |
2001 |
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| Net income (loss) |
$ | 1,198 | $ | (344 | ) | $ | (201 | ) | |||
| Diluted earnings (loss) per common and dilutive potential common share: |
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| Weighted average common shares outstanding (in thousands) |
1,731,325 | 1,733,343 | 1,734,506 | ||||||||
| Weighted average dilutive potential common shares: |
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| 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: |
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| Net income (loss) |
$ | .68 | $ | (.20 | ) | $ | (.12 | ) | |||
| Basic earnings (loss) per common share: |
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| Weighted average common shares outstanding (in thousands) |
1,731,325 | 1,733,343 | 1,734,506 | ||||||||
| Basic earnings (loss) per common share: |
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| Net income (loss) |
$ | .69 | $ | (.20 | ) | $ | (.12 | ) | |||