ALTERA CORPORATION

CONSOLIDATED BALANCE SHEETS

(Unaudited)

(In thousands, except par value amount)

March 29,

2013

December 31,

2012

Assets

Current assets:

Cash and cash equivalents

$

2,953,587

$

2,876,627

Short-term investments

171,343

140,958

Total cash, cash equivalents, and short-term investments

3,124,930

3,017,585

Accounts receivable, net

366,417

323,708

Inventories

139,282

152,721

Deferred income taxes — current

72,803

59,049

Deferred compensation plan — marketable securities

57,627

60,321

Deferred compensation plan — restricted cash equivalents

17,115

17,116

Other current assets

47,113

49,852

Total current assets

3,825,287

3,680,352

Property and equipment, net

201,964

206,148

Long-term investments

712,040

704,758

Deferred income taxes — non-current

18,934

17,082

Other assets, net

46,485

49,488

Total assets

$

4,804,710

$

4,657,828

Liabilities and stockholders' equity

Current liabilities:

Accounts payable

$

31,613

$

50,036

Accrued liabilities

36,571

29,005

Accrued compensation and related liabilities

43,920

40,606

Deferred compensation plan obligations

74,742

77,437

Deferred income and allowances on sales to distributors

382,642

345,993

Total current liabilities

569,488

543,077

Income taxes payable — non-current

276,238

272,000

Long-term debt

500,000

500,000

Other non-current liabilities

9,188

9,304

Total liabilities

1,354,914

1,324,381

Stockholders' equity:

Common stock: $.001 par value; 1,000,000 shares authorized; outstanding -  320,140 shares at March 29, 2013 and 319,564 shares at December 31, 2012

320

320

Capital in excess of par value

1,153,098

1,122,555

Retained earnings

2,290,836

2,204,980

Accumulated other comprehensive income

5,542

5,592

Total stockholders' equity

3,449,796

3,333,447

Total liabilities and stockholders' equity

$

4,804,710

$

4,657,828