CONSOLIDATED  BALANCE SHEETS

(Unaudited)

September 27,

June 28,

September 28,

2014

2014

2013

(in thousands) 

ASSETS

Current assets:

    Cash and cash equivalents

$1,243,883

$1,322,472

$1,009,547

    Short-term investments

75,094

49,953

25,036

        Total cash, cash equivalents and short-term investments

1,318,977

1,372,425

1,034,583

    Accounts receivable, net 

281,932

295,828

297,888

    Inventories

305,108

289,292

278,218

    Deferred tax assets

54,379

74,597

54,854

    Other current assets

67,383

54,560

116,225

        Total current assets

2,027,779

2,086,702

1,781,768

Property, plant and equipment, net

1,303,861

1,331,519

1,374,544

Intangible assets, net

337,917

360,994

145,618

Goodwill

595,441

596,637

422,004

Other assets

40,127

29,766

40,063

       TOTAL ASSETS

$4,305,125

$4,405,618

$3,763,997

LIABILITIES AND STOCKHOLDERS' EQUITY

Current liabilities:

    Accounts payable 

$     96,347

$   102,076

$   101,060

    Income taxes payable

20,122

20,065

21,799

    Accrued salary and related expenses

126,624

186,732

124,954

    Accrued expenses 

65,216

63,656

55,561

    Current portion of long-term debt

-

372

4,804

    Deferred income on shipments to distributors

26,821

25,734

27,179

        Total current liabilities

335,130

398,635

335,357

Long-term debt

1,001,026

1,001,026

500,955

Income taxes payable

350,396

362,802

294,728

Deferred tax liabilities

145,597

159,879

205,221

Other liabilities

61,572

53,365

29,300

        Total liabilities 

1,893,721

1,975,707

1,365,561

Stockholders' equity:

    Common stock par value

284

285

283

  Additional paid-in capital 

-

23,005

-

    Retained earnings 

2,430,194

2,423,794

2,412,262

    Accumulated other comprehensive loss

(19,074)

(17,173)

(14,109)

        Total stockholders' equity

2,411,404

2,429,911

2,398,436

        TOTAL LIABILITIES & STOCKHOLDERS' EQUITY 

$4,305,125

$4,405,618

$3,763,997