CONSOLIDATED  BALANCE SHEETS

(Unaudited)

March 26, 

December 26, 

March 28, 

2016

2015

2015

(in thousands) 

ASSETS

Current assets:

Cash and cash equivalents

$1,710,340

$ 1,648,518

$1,392,197

Short-term investments

150,076

124,955

75,142

Total cash, cash equivalents and short-term investments

1,860,416

1,773,473

1,467,339

Accounts receivable, net

278,502

231,180

278,427

Inventories

234,603

274,741

297,270

Deferred tax assets

-

-

71,354

Other current assets

88,389

47,235

66,298

Total current assets

2,461,910

2,326,629

2,180,688

Property, plant and equipment, net

748,781

770,548

1,155,589

Intangible assets, net

188,510

202,877

283,385

Goodwill

490,648

490,648

511,824

Other assets

77,886

64,105

36,231

Assets held for sale

13,733

82,674

-

       TOTAL ASSETS

$3,981,468

$ 3,937,481

$4,167,717

LIABILITIES AND STOCKHOLDERS' EQUITY

Current liabilities:

Accounts payable

$     82,696

$      74,145

$     85,361

Income taxes payable

30,907

32,528

20,102

Accrued salary and related expenses

151,411

129,208

163,354

Accrued expenses

42,562

47,303

55,967

Deferred revenue on shipments to distributors

34,457

32,067

30,550

Total current liabilities

342,033

315,251

355,334

Long-term debt

1,000,000

1,000,000

1,000,000

Income taxes payable

451,099

419,881

385,838

Deferred tax liabilities

643

651

116,284

Other liabilities

48,930

52,874

56,412

Total liabilities

1,842,705

1,788,657

1,913,868

Stockholders' equity:

Common stock and capital in excess of par value

280

63,014

12,359

Retained earnings

2,154,767

2,103,339

2,260,011

Accumulated other comprehensive loss

(16,284)

(17,529)

(18,521)

Total stockholders' equity

2,138,763

2,148,824

2,253,849

        TOTAL LIABILITIES & STOCKHOLDERS' EQUITY 

$3,981,468

$ 3,937,481

$4,167,717