CONSOLIDATED BALANCE SHEETS

(Unaudited)

December 28, 2019

September 28, 2019

December 29, 2018

(in thousands)

ASSETS

Current assets:

Cash and cash equivalents

$                      1,720,194

$                        1,695,191

$                      1,406,740

Short-term investments

63,006

98,176

553,901

Total cash, cash equivalents and short-term investments

1,783,200

1,793,367

1,960,641

Accounts receivable, net

348,342

370,316

391,419

Inventories

223,958

235,959

278,925

Other current assets

23,797

24,982

26,933

Total current assets

2,379,297

2,424,624

2,657,918

Property, plant and equipment, net

571,359

574,097

571,983

Intangible assets, net

48,509

52,376

67,161

Goodwill

532,251

532,251

532,251

Other assets

95,413

97,439

59,614

TOTAL ASSETS

$                      3,626,829

$                        3,680,787

$                      3,888,927

LIABILITIES AND STOCKHOLDERS' EQUITY

Current liabilities:

Accounts payable

$                           89,449

$                             81,794

$                           99,577

Price adjustment and other revenue reserves

105,237

90,206

130,601

Income taxes payable

38,307

31,704

39,507

Accrued salary and related expenses

94,739

96,168

102,427

Accrued expenses

32,739

42,644

34,368

Total current liabilities

360,471

342,516

406,480

Long-term debt

993,303

992,944

991,866

Income taxes payable

433,743

446,138

673,051

Other liabilities

112,803

117,903

62,116

Total liabilities

1,900,320

1,899,501

2,133,513

Stockholders' equity:

Common stock and capital in excess of par value

270

271

279

Retained earnings

1,737,528

1,793,012

1,766,471

Accumulated other comprehensive loss

(11,289)

(11,997)

(11,336)

Total stockholders' equity

1,726,509

1,781,286

1,755,414

TOTAL LIABILITIES & STOCKHOLDERS' EQUITY

$                      3,626,829

$                        3,680,787

$                      3,888,927