CONSOLIDATED  BALANCE SHEETS

(Unaudited)

September 28,

June 29,

September 29,

2013

2013

2012

(in thousands) 

ASSETS

Current assets:

    Cash and cash equivalents

$ 1,009,547

$ 1,174,986

$    849,850

    Short-term investments

25,036

25,060

75,283

        Total cash, cash equivalents and short-term investments

1,034,583

1,200,046

925,133

    Accounts receivable, net 

297,888

285,438

316,538

    Inventories

278,218

275,640

258,689

    Deferred tax assets

54,854

82,173

71,561

116,225

96,609

94,875

        Total current assets

1,781,768

1,939,906

1,666,796

Property, plant and equipment, net

1,374,544

1,373,124

1,359,882

Intangible assets, net

145,618

157,146

195,410

Goodwill

422,004

422,004

422,083

Other assets

40,063

43,730

60,403

              TOTAL ASSETS

$ 3,763,997

$ 3,935,910

$ 3,704,574

LIABILITIES AND STOCKHOLDERS' EQUITY

Current liabilities:

    Accounts payable 

$    101,060

$    105,322

$    127,306

    Income taxes payable

21,799

22,437

19,437

    Accrued salary and related expenses

124,954

187,970

132,847

    Accrued expenses 

55,561

60,592

72,510

    Current portion of long term debt

4,804

2,015

303,272

    Deferred income on shipments to distributors

27,179

26,557

27,025

        Total current liabilities

335,357

404,893

682,397

Long term debt

500,955

503,573

5,592

Income taxes payable

294,728

282,697

226,001

Deferred tax liabilities

205,221

206,855

195,893

Other liabilities

29,300

29,894

26,254

        Total liabilities 

1,365,561

1,427,912

1,136,137

Stockholders' equity:

    Common stock

283

288

292

    Retained earnings 

2,412,262

2,523,457

2,583,060

    Accumulated other comprehensive loss

(14,109)

(15,747)

(14,915)

        Total stockholders' equity

2,398,436

2,507,998

2,568,437

              TOTAL LIABILITIES & STOCKHOLDERS' EQUITY 

$ 3,763,997

$ 3,935,910

$ 3,704,574