ALTERA CORPORATION

CONSOLIDATED BALANCE SHEETS

(Unaudited)

(In thousands, except par value amount)

March 28,

 2014

December 31,

 2013

Assets

Current assets:

Cash and cash equivalents

$

2,752,111

$

2,869,158

Short-term investments

157,136

141,487

   Total cash, cash equivalents, and short-term investments

2,909,247

3,010,645

Accounts receivable, net

443,409

483,032

Inventories

158,137

163,880

Deferred income taxes — current

60,209

63,228

Deferred compensation plan — marketable securities

65,646

66,455

Deferred compensation plan — restricted cash equivalents

19,636

16,699

Other current assets

50,535

48,901

   Total current assets

3,706,819

3,852,840

Property and equipment, net

198,266

204,142

Long-term investments

1,718,237

1,695,066

Deferred income taxes — non-current

18,422

10,806

Goodwill

74,341

73,968

Acquisition-related intangible assets, net

79,685

82,150

Other assets, net

77,280

76,676

   Total assets

$

5,873,050

$

5,995,648

Liabilities and stockholders' equity

Current liabilities:

Accounts payable

$

35,997

$

44,163

Accrued liabilities

42,814

41,218

Accrued compensation and related liabilities

49,838

51,105

Deferred compensation plan obligations

85,282

83,154

Deferred income and allowances on sales to distributors

414,519

487,746

   Total current liabilities

628,450

707,386

Income taxes payable — non-current

286,603

276,326

Long-term debt

1,491,789

1,491,466

Other non-current liabilities

8,295

8,403

   Total liabilities

2,415,137

2,483,581

Stockholders' equity:

Common stock: $.001 par value; 1,000,000 shares authorized; outstanding - 313,609 shares at March 28, 2014 and 317,769 shares at December 31, 2013

314

318

Capital in excess of par value

1,197,456

1,216,826

Retained earnings

2,275,589

2,322,885

Accumulated other comprehensive loss

(15,446)

(27,962)

   Total stockholders' equity

3,457,913

3,512,067

   Total liabilities and stockholders' equity

$

5,873,050

$

5,995,648