CONSOLIDATED  BALANCE SHEETS

(Unaudited)

September 26,

June 27, 

September 27,

2015

2015

2014

(in thousands) 

ASSETS

Current assets:

Cash and cash equivalents

$        1,508,347

$        1,550,965

$        1,243,883

Short-term investments

100,285

75,154

75,094

Total cash, cash equivalents and short-term investments

1,608,632

1,626,119

1,318,977

Accounts receivable, net

282,471

278,844

281,932

Inventories

290,712

288,474

305,108

Deferred tax assets

50,604

77,306

54,379

Other current assets

46,627

49,838

67,383

Total current assets

2,279,046

2,320,581

2,027,779

Property, plant and equipment, net

805,580

1,090,739

1,303,861

Intangible assets, net

241,423

261,652

337,917

Goodwill

511,647

511,647

595,441

Other assets

107,190

43,765

40,127

       TOTAL ASSETS

$        3,944,886

$        4,228,384

$        4,305,125

LIABILITIES AND STOCKHOLDERS' EQUITY

Current liabilities:

Accounts payable

$             80,752

$             88,322

$             96,347

Income taxes payable

59,479

34,779

20,122

Accrued salary and related expenses

120,642

181,360

126,624

Accrued expenses

49,990

48,389

65,216

Deferred revenue on shipments to distributors

35,091

30,327

26,821

Total current liabilities

345,954

383,177

335,130

Long-term debt

1,000,000

1,000,000

1,001,026

Income taxes payable

419,805

410,378

350,396

Deferred tax liabilities

10,602

90,588

145,597

Other liabilities

53,724

54,221

61,572

Total liabilities

1,830,085

1,938,364

1,893,721

Stockholders' equity:

Common stock and capital in excess of par value

10,819

28,142

284

Retained earnings

2,121,582

2,279,112

2,430,194

Accumulated other comprehensive loss

(17,600)

(17,234)

(19,074)

Total stockholders' equity

2,114,801

2,290,020

2,411,404

        TOTAL LIABILITIES & STOCKHOLDERS' EQUITY 

$        3,944,886

$        4,228,384

$        4,305,125