Spreadsheet: a7c4897f-1cb4-4fa1-9786-0ecff1c56216
Sheet: Consolidated Balance Sheets

TEXAS INSTRUMENTS INCORPORATED AND SUBSIDIARIES
Consolidated Balance Sheets
(Millions of dollars, except share amounts)
 |  | Sept. 30, |  |  | Sept. 30, |  |  | June 30,
 |  | 2012 |  |  | 2011 |  | 2010 | 2012
Assets
Current assets:
Cash and cash equivalents | $ | 1210 |  | $ | 1581 |  | $ | 1192
Short-term investments |  | 2451 |  |  | 1037 |  |  | 1141
Accounts receivable, net of allowances of ($23), ($26) and ($22) |  | 1623 |  |  | 1784 |  |  | 1629
Raw materials |  | 124 |  |  | 148 |  |  | 123
Work in process |  | 988 |  |  | 1185 |  |  | 1040
Finished goods |  | 736 |  |  | 632 |  |  | 722
Inventories |  | 1848 |  |  | 1965 |  |  | 1885
Deferred income taxes |  | 1043 |  |  | 1042 |  |  | 1155
Prepaid expenses and other current assets |  | 409 |  |  | 303 |  |  | 351
Total current assets |  | 8584 |  |  | 7712 |  |  | 7353
Property, plant and equipment at cost |  | 6806 |  |  | 7206 |  |  | 6840
Less accumulated depreciation |  | -2751 |  |  | -2667 |  |  | -2666
Property, plant and equipment, net |  | 4055 |  |  | 4539 |  |  | 4174
Long-term investments |  | 225 |  |  | 350 |  |  | 218
Goodwill |  | 4452 |  |  | 4452 |  |  | 4452
Acquisition-related intangibles, net |  | 2643 |  |  | 3006 |  |  | 2729
Deferred income taxes |  | 199 |  |  | 400 |  |  | 288
Capitalized software licenses, net |  | 166 |  |  | 199 |  |  | 182
Overfunded retirement plans |  | 29 |  |  | 28 |  |  | 32
Other assets |  | 161 |  |  | 70 |  |  | 93
Total assets | $ | 20514 |  | $ | 20756 |  | $ | 19521
Liabilities and Stockholders’ Equity
Current liabilities:
Commercial paper borrowings | $ | -- |  | $ | 1200 |  | $ | 500
Current portion of long-term debt |  | 1500 |  |  | 386 |  |  | 1500
Accounts payable |  | 501 |  |  | 627 |  |  | 555
Accrued compensation |  | 552 |  |  | 532 |  |  | 454
Income taxes payable |  | 106 |  |  | 55 |  |  | 101
Accrued expenses and other liabilities |  | 766 |  |  | 863 |  |  | 711
Total current liabilities |  | 3425 |  |  | 3663 |  |  | 3821
Long-term debt |  | 4190 |  |  | 4215 |  |  | 2703
Underfunded retirement plans |  | 350 |  |  | 611 |  |  | 700
Deferred income taxes |  | 596 |  |  | 704 |  |  | 596
Deferred credits and other liabilities |  | 550 |  |  | 537 |  |  | 543
Total liabilities |  | 9111 |  |  | 9730 |  |  | 8363
Stockholders’ equity:
Preferred stock, $25 par value.  Authorized -- 10,000,000 shares.
Participating cumulative preferred.  None issued. |  | -- |  |  | -- |  |  | --
Common stock, $1 par value.  [NAME]
shares.  Shares issued: Sept. 30, 2012 – 1,740,815,939;
Sept. 30, 2011 – 1,740,552,451; June 30, 2012 – 1,740,815,939 |  | 1741 |  |  | 1741 |  |  | 1741
Paid-in capital |  | 1193 |  |  | 1172 |  |  | 1164
Retained earnings |  | 27179 |  |  | 26175 |  |  | 26592
Less treasury common stock at cost:
Shares: Sept. 30, 2012 – 620,012,959; Sept. 30, 2011 –
597,902,577; June 30, 2012 – 603,058,077 |  | -18093 |  |  | -17372 |  |  | -17598
Accumulated other comprehensive income (loss), net of taxes |  | -617 |  |  | -690 |  |  | -741
Total stockholders’ equity |  | 11403 |  |  | 11026 |  |  | 11158
Total liabilities and stockholders’ equity | $ | 20514 |  | $ | 20756 |  | $ | 19521