diff --git a/src/compiler/program.ts b/src/compiler/program.ts
index d241a9add2624..6de1792d361f7 100644
--- a/src/compiler/program.ts
+++ b/src/compiler/program.ts
@@ -3118,7 +3118,7 @@ namespace ts {
             resolvedTypeReferenceDirective: ResolvedTypeReferenceDirective | undefined,
             reason: FileIncludeReason
         ): void {
-            tracing?.push(tracing.Phase.Program, "processTypeReferenceDirective", { directive: typeReferenceDirective, hasResolved: !!resolveModuleNamesReusingOldState, refKind: reason.kind, refPath: isReferencedFile(reason) ? reason.file : undefined });
+            tracing?.push(tracing.Phase.Program, "processTypeReferenceDirective", { directive: typeReferenceDirective, hasResolved: !!resolvedTypeReferenceDirective, refKind: reason.kind, refPath: isReferencedFile(reason) ? reason.file : undefined });
             processTypeReferenceDirectiveWorker(typeReferenceDirective, mode, resolvedTypeReferenceDirective, reason);
             tracing?.pop();
         }