CONSOLIDATED  BALANCE SHEETS

(Unaudited)

March 30,

December 29,

March 31,

2013

2012

2012

(in thousands) 

ASSETS

Current assets:

    Cash and cash equivalents

$        1,547,980

$           955,107

$           860,551

    Short-term investments

25,095

75,192

75,405

        Total cash, cash equivalents and short-term investments

1,573,075

1,030,299

935,956

    Accounts receivable, net 

300,046

264,545

296,255

    Inventories

268,018

257,690

220,153

    Deferred tax assets

81,809

80,991

105,298

    Other current assets

113,010

90,470

79,584

        Total current assets

2,335,958

1,723,995

1,637,246

Property, plant and equipment, net

1,368,905

1,359,014

1,361,300

Intangible assets, net

165,591

182,521

222,354

Goodwill

422,004

422,083

423,073

Other assets

41,660

50,940

26,264

              TOTAL ASSETS

$        4,334,118

$        3,738,553

$        3,670,237

LIABILITIES AND STOCKHOLDERS' EQUITY

Current liabilities:

    Accounts payable 

$           114,629

$           110,495

$           132,906

    Income taxes payable

20,200

22,146

21,807

    Accrued salary and related expenses

182,894

152,122

181,943

    Accrued expenses 

59,075

58,900

72,242

    Current portion of long term debt

304,314

304,794

-

    Deferred income on shipments to distributors

25,851

25,362

28,729

        Total current liabilities

706,963

673,819

437,627

Long term debt

503,573

3,997

308,700

Income taxes payable

271,815

260,770

192,842

Deferred tax liabilities

213,138

192,434

205,727

Other liabilities

26,063

26,321

22,143

        Total liabilities 

1,721,552

1,157,341

1,167,039

Stockholders' equity:

    Common stock

292

7,040

9,125

    Retained earnings 

2,629,895

2,589,619

2,507,298

    Accumulated other comprehensive loss

(17,621)

(15,447)

(13,225)

        Total stockholders' equity

2,612,566

2,581,212

2,503,198

              TOTAL LIABILITIES & STOCKHOLDERS' EQUITY 

$        4,334,118

$        3,738,553

$        3,670,237