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 |
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 |
1,729,838 | 1,730,891 | 1,731,557 | 1,730,872 | ||||||||
| Basic Earnings per Common Share: |
||||||||||||
| Net income |
$ | .33 | $ | .26 | $ | .79 | $ | .40 | ||||