CONSOLIDATED BALANCE SHEETS

(Unaudited)

June 30,

March 31, 

June 24,

2018

2018

2017

(in thousands) 

ASSETS

Current assets:

Cash and cash equivalents

$ 1,543,484

$ 1,629,593

$ 2,246,121

Short-term investments

1,082,915

1,094,801

498,718

Total cash, cash equivalents and short-term investments

2,626,399

2,724,394

2,744,839

Accounts receivable, net

280,072

320,553

256,454

Inventories

282,390

273,616

247,242

Other current assets

21,548

22,275

57,059

Total current assets

3,210,409

3,340,838

3,305,594

Property, plant and equipment, net

579,364

589,177

606,581

Intangible assets, net

78,246

90,848

90,867

Goodwill

532,251

532,904

491,015

Other assets

51,291

69,428

76,176

     TOTAL ASSETS

$ 4,451,561

$ 4,623,195

$ 4,570,233

LIABILITIES AND STOCKHOLDERS' EQUITY

Current liabilities:

Accounts payable

$      92,572

$      84,407

$      77,373

Income taxes payable

17,961

24,339

3,688

Accrued salary and related expenses

151,682

147,771

145,299

Accrued expenses

35,774

48,384

37,663

Deferred margin on shipments to distributors

—

—

14,974

Current portion of long-term debt

499,406

499,050

—

Total current liabilities

797,395

803,951

278,997

Long-term debt

991,147

990,787

1,487,678

Income taxes payable

661,336

817,969

557,498

Other liabilities

70,743

59,497

43,366

Total liabilities

2,520,621

2,672,204

2,367,539

Stockholders' equity:

Common stock and capital in excess of par value

279

283

283

Retained earnings

1,945,646

1,963,912

2,212,301

Accumulated other comprehensive loss

(14,985)

(13,204)

(9,890)

Total stockholders' equity

1,930,940

1,950,991

2,202,694

TOTAL LIABILITIES & STOCKHOLDERS' EQUITY

$ 4,451,561

$ 4,623,195

$ 4,570,233