CONSOLIDATED  BALANCE SHEETS

(Unaudited)

December 26, 

September 26, 

December 27, 

2015

2015

2014

(in thousands) 

ASSETS

Current assets:

Cash and cash equivalents

$ 1,648,518

$  1,508,347

$ 1,305,870

Short-term investments

124,955

100,285

75,012

Total cash, cash equivalents and short-term investments

1,773,473

1,608,632

1,380,882

Accounts receivable, net

231,180

282,471

258,506

Inventories

274,741

290,712

306,564

Deferred tax assets

-

50,604

59,794

Other current assets

47,235

46,627

67,244

Total current assets

2,326,629

2,279,046

2,072,990

Property, plant and equipment, net

770,548

805,580

1,195,323

Intangible assets, net

202,877

241,423

306,111

Goodwill

490,648

511,647

511,838

Other assets

64,105

36,056

36,997

Assets held for sale

82,674

71,134

1,268

       TOTAL ASSETS

$ 3,937,481

$  3,944,886

$ 4,124,527

LIABILITIES AND STOCKHOLDERS' EQUITY

Current liabilities:

Accounts payable

$      74,145

$       80,752

$      82,526

Income taxes payable

32,528

59,479

20,102

Accrued salary and related expenses

129,208

120,642

150,405

Accrued expenses

47,303

49,990

54,103

Deferred revenue on shipments to distributors

32,067

35,091

27,103

Total current liabilities

315,251

345,954

334,239

Long-term debt

1,000,000

1,000,000

1,000,000

Income taxes payable

419,881

419,805

363,251

Deferred tax liabilities

651

10,602

120,308

Other liabilities

52,874

53,724

64,988

Total liabilities

1,788,657

1,830,085

1,882,786

Stockholders' equity:

Common stock and capital in excess of par value

63,014

10,819

283

Retained earnings

2,103,339

2,121,582

2,259,997

Accumulated other comprehensive loss

(17,529)

(17,600)

(18,539)

Total stockholders' equity

2,148,824

2,114,801

2,241,741

        TOTAL LIABILITIES & STOCKHOLDERS' EQUITY 

$ 3,937,481

$  3,944,886

$ 4,124,527