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TXN (Texas Instruments) Tax Expense : $654 Mil (TTM As of Dec. 2024)


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What is Texas Instruments Tax Expense?

Texas Instruments's tax expense for the months ended in Dec. 2024 was $154 Mil. Its tax expense for the trailing twelve months (TTM) ended in Dec. 2024 was $654 Mil.


Texas Instruments Tax Expense Historical Data

The historical data trend for Texas Instruments's Tax 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 Tax Expense Chart

Texas Instruments Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Tax Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 422.00 1,150.00 1,283.00 908.00 654.00

Texas Instruments Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
Tax Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 177.00 188.00 120.00 192.00 154.00

Texas Instruments Tax Expense Calculation

Tax paid by the company. It is computed in by multiplying the income before tax number, as reported to shareholders, by the appropriate tax rate. In reality, the computation is typically considerably more complex due to things such as expenses considered not deductible by taxing authorities ("add backs"), the range of tax rates applicable to various levels of income, different tax rates in different jurisdictions, multiple layers of tax on income, and other issues.

Tax Expense for the trailing twelve months (TTM) ended in Dec. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $654 Mil.

* 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.


Texas Instruments  (NAS:TXN) Tax Expense Explanation

In the long run, income before tax and taxable income will likely be more similar than they are in any given period. If the one is less in earlier years, then it will be greater in later years. Deferred taxes will reverse themselves in the long run and in total will zero out, unless there is something like a change in tax rates in the intervening period. A deferred tax payable results from a tax break in the early years and will reverse itself in later years; a deferred tax receivable results from more taxes being paid in early years than the tax expense reported to shareholders and will again reverse itself in later years. The deferred tax amount is computed by estimating the amount and the timing of the reversal and multiplying that by the appropriate tax rates.


Texas Instruments Tax Expense Related Terms

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Texas Instruments Business Description

Address
12500 TI Boulevard, Dallas, TX, USA, 75243
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
Mark A Blinn director 5215 N. O'CONNOR BLVD., SUITE 2300, IRVING TX 75039
Ronald Kirk director TEXAS INSTRUMENTS INCORPORATED, 12500 TI BOULEVARD MS 3999, DALLAS TX 75243
Haviv Ilan officer: Sr. Vice President 12500 TI BOULEVARD, DALLAS TX 75243
Mark Gary officer: Sr. Vice President 12500 TI BOULEVARD, DALLAS TX 75243
Ahmad Bahai officer: Sr. Vice President 2900 SEMICONDUCTOR DRIVE, M/S G1-1160, SANTA CLARA CA 95051
Rafael R Lizardi officer: Sr. Vice President & CFO 12500 TI BOULEVARD, DALLAS TX 75243
Christine Witzsche officer: Sr. Vice President 12500 TI BOULEVARD, DALLAS TX 75243
Robert E Sanchez director 11690 N.W. 105TH STREET, MIAMI FL 33178
Amichai Ron officer: Sr. Vice President 12500 TI BOULEVARD, DALLAS TX 75243
Pamela H Patsley director 53 SOUTH AVENUE, BULINGTON MA 01803
Mark T. Roberts officer: Sr. Vice President 12500 TI BOULEVARD, DALLAS TX 75243
Shanon J Leonard officer: Sr. Vice President 12500 TI BOULEVARD, DALLAS TX 75243
Julie C. Knecht officer: VP & Chief Accounting Officer 12500 TI BOULEVARD, DALLAS TX 75243
Jean M. Hobby director 10000 WEHRLE DRIVE, CLARENCE NY 14031
Richard K Templeton director, officer: President & CEO 12500 TI BOULEVARD, DALLAS TX 75243