CONSOLIDATED  BALANCE SHEETS

(Unaudited)

December 30, 

September 23, 

December 24, 

2017

2017

2016

(in thousands) 

Current assets:

Cash and cash equivalents

$ 1,631,510

$  1,577,160

$ 1,687,435

Short-term investments

1,191,765

1,196,827

399,461

Total cash, cash equivalents and short-term investments

2,823,275

2,773,987

2,086,896

Accounts receivable, net

235,695

233,215

224,342

Inventories

259,597

245,347

236,040

Other current assets

24,153

55,033

75,284

Total current assets

3,342,720

3,307,582

2,622,562

Property, plant and equipment, net

597,818

595,622

660,660

Intangible assets, net

67,716

79,850

117,393

Goodwill

491,015

491,015

491,015

Other assets

65,243

61,937

56,344

TOTAL ASSETS

$ 4,564,512

$  4,536,006

$ 3,947,974

LIABILITIES AND STOCKHOLDERS' EQUITY

Current liabilities:

Accounts payable

$      84,770

$       66,915

$      70,505

Income taxes payable

10,523

3,688

3,138

Accrued salary and related expenses

113,716

103,194

109,475

Accrued expenses

37,687

43,121

41,418

Deferred revenue on shipments to distributors

—

16,994

36,137

Current portion of debt

498,694

—

—

Total current liabilities

745,390

233,912

260,673

Long-term debt

990,428

1,488,406

991,281

Income taxes payable

801,260

573,831

514,498

Other liabilities

41,736

42,113

37,331

Total liabilities

2,578,814

2,338,262

1,803,783

Stockholders' equity:

Common stock and capital in excess of par value

283

283

284

Retained earnings

1,997,207

2,207,052

2,155,698

Accumulated other comprehensive loss

(11,792)

(9,591)

(11,791)

Total stockholders' equity

1,985,698

2,197,744

2,144,191

        TOTAL LIABILITIES & STOCKHOLDERS' EQUITY 

$ 4,564,512

$  4,536,006

$ 3,947,974