ALTERA CORPORATION

CONSOLIDATED BALANCE SHEETS

(Unaudited)

(In thousands, except par value amount)

June 26, 
 2015

December 31, 
 2014

Assets

Current assets:

Cash and cash equivalents

$

1,852,753

$

2,426,367

Short-term investments

221,333

151,519

Total cash, cash equivalents, and short-term investments

2,074,086

2,577,886

Accounts receivable, net

424,427

377,964

Inventories

177,654

153,387

Deferred income taxes — current

58,645

56,048

Deferred compensation plan — marketable securities

65,378

69,367

Deferred compensation plan — restricted cash equivalents

14,484

14,412

Other current assets

53,888

39,479

Total current assets

2,868,562

3,288,543

Property and equipment, net

210,980

194,840

Long-term investments

2,448,942

1,942,343

Deferred income taxes — non-current

18,669

20,077

Goodwill

74,341

74,341

Acquisition-related intangible assets, net

67,400

72,291

Other assets, net

95,562

81,791

Total assets

$

5,784,456

$

5,674,226

Liabilities and stockholders' equity

Current liabilities:

Accounts payable

$

51,618

$

49,140

Accrued liabilities

44,421

28,384

Accrued compensation and related liabilities

57,384

69,837

Deferred compensation plan obligations

79,862

83,779

Deferred income and allowances on sales to distributors

394,921

344,168

Total current liabilities

628,206

575,308

Income taxes payable — non-current

336,173

313,447

Long-term debt

1,493,406

1,492,759

Other non-current liabilities

6,878

6,886

Total liabilities

2,464,663

2,388,400

Stockholders' equity:

Common stock: $.001 par value; 1,000,000 shares authorized; outstanding - 302,467 shares at June 26, 2015 and 302,430 shares at December 31, 2014

302

302

Capital in excess of par value

1,207,688

1,165,259

Retained earnings

2,114,132

2,110,620

Accumulated other comprehensive (loss)/income

(2,329)

9,645

Total stockholders' equity

3,319,793

3,285,826

Total liabilities and stockholders' equity

$

5,784,456

$

5,674,226