CONSOLIDATED  BALANCE SHEETS

(Unaudited)

December 27,

September 27,

December 28,

2014

2014

2013

(in thousands) 

ASSETS

Current assets:

    Cash and cash equivalents

$1,305,870

$ 1,243,883

$1,149,909

    Short-term investments

75,012

75,094

-

        Total cash, cash equivalents and short-term investments

1,380,882

1,318,977

1,149,909

    Accounts receivable, net 

258,506

281,932

288,285

    Inventories

306,564

305,108

297,234

    Deferred tax assets

59,794

54,379

69,154

    Other current assets

67,244

67,383

85,554

        Total current assets

2,072,990

2,027,779

1,890,136

Property, plant and equipment, net

1,195,323

1,303,861

1,372,393

Intangible assets, net

306,111

337,917

404,652

Goodwill

511,838

595,441

596,898

Other assets

38,265

40,127

42,803

       TOTAL ASSETS

$4,124,527

$ 4,305,125

$4,306,882

LIABILITIES AND STOCKHOLDERS' EQUITY

Current liabilities:

    Accounts payable 

$     82,526

$      96,347

$     99,009

    Income taxes payable

20,102

20,122

21,717

    Accrued salary and related expenses

150,405

126,624

140,738

    Accrued expenses 

54,103

65,216

94,110

    Deferred revenue on shipments to distributors

27,103

26,821

25,542

        Total current liabilities

334,239

335,130

381,116

Long-term debt

1,000,000

1,001,026

1,000,871

Income taxes payable

363,251

350,396

337,053

Deferred tax liabilities

120,308

145,597

202,435

Other liabilities

64,988

61,572

29,343

        Total liabilities 

1,882,786

1,893,721

1,950,818

Stockholders' equity:

    Common stock and capital in excess of par value

283

284

283

    Retained earnings 

2,259,997

2,430,194

2,368,350

    Accumulated other comprehensive loss

(18,539)

(19,074)

(12,569)

        Total stockholders' equity

2,241,741

2,411,404

2,356,064

        TOTAL LIABILITIES & STOCKHOLDERS' EQUITY 

$4,124,527

$ 4,305,125

$4,306,882