CONSOLIDATED  BALANCE SHEETS

(Unaudited)

March 29,

December 28,

March 30,

2014

2013

2013

(in thousands) 

ASSETS

Current assets:

    Cash and cash equivalents

$   1,231,248

$    1,149,909

$   1,547,980

    Short-term investments

-

-

25,095

        Total cash, cash equivalents and short-term investments

1,231,248

1,149,909

1,573,075

    Accounts receivable, net 

304,128

288,285

300,046

    Inventories

290,518

297,234

268,018

    Deferred tax assets

74,038

69,154

81,809

    Other current assets

79,346

85,554

113,010

        Total current assets

1,979,278

1,890,136

2,335,958

Property, plant and equipment, net

1,355,268

1,372,393

1,368,905

Intangible assets, net

384,167

404,652

165,591

Goodwill

597,676

596,898

422,004

Other assets

38,176

42,803

41,660

              TOTAL ASSETS

$   4,354,565

$    4,306,882

$   4,334,118

LIABILITIES AND STOCKHOLDERS' EQUITY

Current liabilities:

    Accounts payable 

$        94,315

$         99,009

$      114,629

    Income taxes payable

20,720

21,717

20,200

    Accrued salary and related expenses

168,336

140,738

182,894

    Accrued expenses 

81,232

91,145

59,075

    Current portion of long-term debt

2,526

2,965

304,314

    Deferred income on shipments to distributors

24,259

25,542

25,851

        Total current liabilities

391,388

381,116

706,963

Long-term debt

1,000,871

1,000,871

503,573

Income taxes payable

352,294

337,053

271,815

Deferred tax liabilities

171,431

202,435

213,138

Other liabilities

37,977

29,343

26,063

        Total liabilities 

1,953,961

1,950,818

1,721,552

Stockholders' equity:

    Common stock and capital in excess of par value

283

283

292

    Retained earnings 

2,412,627

2,368,350

2,629,895

    Accumulated other comprehensive loss

(12,306)

(12,569)

(17,621)

        Total stockholders' equity

2,400,604

2,356,064

2,612,566

              TOTAL LIABILITIES & STOCKHOLDERS' EQUITY 

$   4,354,565

$    4,306,882

$   4,334,118