Texas Instruments Incorporated

Balance Sheet Selected Items

(In millions of dollars)

2003 2004 2005 2006 2007

Cash and cash equivalents $ 1,813 $ 2,663 $ 1,214 $ 1,183 $ 1,328
Short-term investments 2,511 3,690 4,116 2,534 1,596
Accounts receivable, net of allowances 1,324 1,545 1,648 1,774 1,742
Inventories 913 1,170 1,185 1,437 1,418
Assets of discontinued operations 365 402 495 4 -
Other current assets 897 809 754 922 834
Property, plant and equipment 3,998 3,794 3,730 3,950 3,609
Long-term cash investments 1,335 - - - -
Long-term investments 265 264 236 287 267
Goodwill and other acquisition-related intangibles 842 787 737 910 953
Other long-term assets 1,247 1,175 948 929 920
Total assets $ 15,510 $ 16,299 $ 15,063 $ 13,930 $ 12,667

Loans payable and current portion long-term debt $ 437 $ 11 $ 301 $ 43 $ -

Accounts payable and accrued expenses 1,405 1,357 1,650 1,589 1,774
Liabilities of discountinued operations 115 124 151 - -
Other current liabilities 253 442 275 446 251
Long-term debt 395 368 329 - -
Other long-term liabilities 1,041 934 420 492 667
Total stockholders’ equity 11,864 13,063 11,937 11,360 9,975
Total liabilities and stockholders’ equity $ 15,510 $ 16,299 $ 15,063 $ 13,930 $ 12,667
Debt/Total capital 0.07 0.03 0.05 - -