CONSOLIDATED  BALANCE SHEETS

(Unaudited)

June 28,

March 29,

June 29,

2014

2014

2013

(in thousands) 

ASSETS

Current assets:

    Cash and cash equivalents

$1,322,472

$1,231,248

$1,174,986

    Short-term investments

49,953

-

25,060

        Total cash, cash equivalents and short-term investments

1,372,425

1,231,248

1,200,046

    Accounts receivable, net 

295,828

304,128

285,438

    Inventories

289,292

290,518

275,640

    Deferred tax assets

74,597

74,038

82,173

    Other current assets

54,560

79,346

96,609

        Total current assets

2,086,702

1,979,278

1,939,906

Property, plant and equipment, net

1,331,519

1,355,268

1,373,124

Intangible assets, net

360,994

384,167

157,146

Goodwill

596,637

597,676

422,004

Other assets

29,766

38,176

43,730

       TOTAL ASSETS

$4,405,618

$4,354,565

$3,935,910

LIABILITIES AND STOCKHOLDERS' EQUITY

Current liabilities:

    Accounts payable 

$   102,076

$     94,315

$   105,322

    Income taxes payable

20,065

20,720

22,437

    Accrued salary and related expenses

186,732

168,336

187,970

    Accrued expenses 

63,656

81,232

60,592

    Current portion of long-term debt

372

2,526

2,015

    Deferred income on shipments to distributors

25,734

24,259

26,557

        Total current liabilities

398,635

391,388

404,893

Long-term debt

1,001,026

1,000,871

503,573

Income taxes payable

362,802

352,294

282,697

Deferred tax liabilities

159,879

171,431

206,855

Other liabilities

53,365

37,977

29,894

        Total liabilities 

1,975,707

1,953,961

1,427,912

Stockholders' equity:

    Common stock par value

285

283

288

23,005

-

-

    Retained earnings 

2,423,794

2,412,627

2,523,457

    Accumulated other comprehensive loss

(17,173)

(12,306)

(15,747)

        Total stockholders' equity

2,429,911

2,400,604

2,507,998

        TOTAL LIABILITIES & STOCKHOLDERS' EQUITY 

$4,405,618

$4,354,565

$3,935,910