CONSOLIDATED  BALANCE SHEETS

(Unaudited)

June 27,

March 28,

June 28,

2015

2015

2014

(in thousands) 

ASSETS

Current assets:

    Cash and cash equivalents

$1,550,965

$1,392,197

$1,322,472

    Short-term investments

75,154

75,142

49,953

        Total cash, cash equivalents and short-term investments

1,626,119

1,467,339

1,372,425

    Accounts receivable, net 

278,844

278,427

295,828

    Inventories

288,474

297,270

289,292

    Deferred tax assets

77,306

71,354

74,597

    Other current assets

49,838

66,298

54,560

        Total current assets

2,320,581

2,180,688

2,086,702

Property, plant and equipment, net

1,090,739

1,155,589

1,331,519

Intangible assets, net

261,652

283,385

360,994

Goodwill

511,647

511,824

596,637

Other assets

43,765

36,231

29,766

       TOTAL ASSETS

$4,228,384

$4,167,717

$4,405,618

LIABILITIES AND STOCKHOLDERS' EQUITY

Current liabilities:

    Accounts payable 

$     88,322

$     85,361

$   102,076

    Income taxes payable

34,779

20,102

20,065

    Accrued salary and related expenses

181,360

163,354

186,732

    Accrued expenses 

48,389

55,967

64,028

    Deferred income on shipments to distributors

30,327

30,550

25,734

        Total current liabilities

383,177

355,334

398,635

Long-term debt

1,000,000

1,000,000

1,001,026

Income taxes payable

410,378

385,838

362,802

Deferred tax liabilities

90,588

116,284

159,879

Other liabilities

54,221

56,412

53,365

        Total liabilities 

1,938,364

1,913,868

1,975,707

Stockholders' equity:

    Common stock par value

283

12,359

285

27,859

-

23,005

    Retained earnings 

2,279,112

2,260,011

2,423,794

    Accumulated other comprehensive loss

(17,234)

(18,521)

(17,173)

        Total stockholders' equity

2,290,020

2,253,849

2,429,911

        TOTAL LIABILITIES & STOCKHOLDERS' EQUITY 

$4,228,384

$4,167,717

$4,405,618