Texas Instruments (Texas Instruments) Interest Expense

: $-353 Mil (TTM As of Dec. 2023)

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Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Texas Instruments's interest expense for the three months ended in Dec. 2023 was $ -98 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was $-353 Mil.

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income(EBIT) by its Interest Expense. Texas Instruments's Operating Income for the three months ended in Dec. 2023 was $ 1,533 Mil. Texas Instruments's Interest Expense for the three months ended in Dec. 2023 was $ -98 Mil. Texas Instruments's Interest Coverage for the quarter that ended in Dec. 2023 was 15.64. The higher the ratio, the stronger the company's financial strength is. Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Texas Instruments Interest Expense Historical Data

The historical data trend for Texas Instruments's Interest Expense can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Texas Instruments Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

-170.00

-190.00

-184.00

-214.00

-353.00

Texas Instruments Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Interest Expense																-60.00	-68.00	-89.00	-98.00	-98.00

Texas Instruments Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.

Interest Expense for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-353 Mil.

Texas Instruments (NAS:TXN) Interest Expense Explanation

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Texas Instruments's Interest Expense for the three months ended in Dec. 2023 was $-98 Mil. Its Operating Income for the three months ended in Dec. 2023 was $1,533 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2023 was $10,624 Mil.

Texas Instruments's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Dec. 2023 )	/	Interest Expense (Q: Dec. 2023 )
	=	-1	*	1533	/	-98
	=	15.64

The higher the ratio, the stronger the company's financial strength is.

Texas Instruments (Texas Instruments) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Texas Instruments Inc (NAS:TXN) » Definitions » Interest Expense

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Traded in Other Exchanges

TXN:Mexico 1TXN:Italy TIId:UK TII:Germany TII:Germany TII:Germany TII:Germany TEXA34:Brazil TXN:Austria TXN:Argentina

Address

12500 TI Boulevard, Dallas, TX, USA, 75243

Website

https://www.ti.com

Dallas-based Texas Instruments generates over 95% of its revenue from semiconductors and the remainder from its well-known calculators. Texas Instruments is the world's largest maker of analog chips, which are used to process real-world signals such as sound and power. Texas Instruments also has a leading market share position in processors and microcontrollers used in a wide variety of electronics applications.

Executives

Ronald Kirk	director	TEXAS INSTRUMENTS INCORPORATED, 12500 TI BOULEVARD MS 3999, DALLAS TX 75243
Carrie Smith Cox	director	SCHERING-PLOUGH CORPORATION, 2000 GALLOPING HILL ROAD, KENILWORTH NJ 07033
Pamela H Patsley	director	53 SOUTH AVENUE, BULINGTON MA 01803
Curtis C Farmer	director	1717 MAIN STREET, MC 6404, DALLAS TX 75201
Ahmad Bahai	officer: Sr. Vice President	2900 SEMICONDUCTOR DRIVE, M/S G1-1160, SANTA CLARA CA 95051
Mark A Blinn	director	5215 N. O'CONNOR BLVD., SUITE 2300, IRVING TX 75039
Janet F Clark	director
Mark T. Roberts	officer: Sr. Vice President	12500 TI BOULEVARD, DALLAS TX 75243
Kyle M Flessner	officer: Sr. Vice President	12500 TI BOULEVARD, DALLAS TX 75243
Mark Gary	officer: Sr. Vice President	12500 TI BOULEVARD, DALLAS TX 75243
Robert E Sanchez	director	11690 N.W. 105TH STREET, MIAMI FL 33178
Hagop H Kozanian	officer: Sr. Vice President	12500 TI BOULEVARD, DALLAS TX 75243
Shanon J Leonard	officer: Sr. Vice President	12500 TI BOULEVARD, DALLAS TX 75243
Amichai Ron	officer: Sr. Vice President	12500 TI BOULEVARD, DALLAS TX 75243
Richard K Templeton	director, officer: President & CEO	12500 TI BOULEVARD, DALLAS TX 75243