CONSOLIDATED BALANCE SHEETS

(Unaudited)

September 29,

2012

June 30,

2012

September 24,

 2011

(in thousands)

ASSETS

Current assets:

   Cash and cash equivalents

$ 849,850

$ 881,060

$ 710,041

   Short-term investments

75,283

75,326

50,299

      Total cash, cash equivalents and short-term investments

925,133

956,386

760,340

   Accounts receivable, net

316,538

317,461

328,989

Inventories

258,689

242,162

253,159

   Deferred tax assets

71,561

98,180

77,885

   Other current assets

94,875

85,177

83,569

      Total current assets

1,666,796

1,699,366

1,503,942

Property, plant and equipment, net

1,359,882

1,353,606

1,328,832

Intangible assets, net

195,410

208,913

257,016

Goodwill

422,083

423,073

411,241

Other assets

60,403

52,988

20,552

TOTAL ASSETS

$ 3,704,574

$3,737,946

$ 3,521,583

LIABILITIES AND STOCKHOLDERS' EQUITY

Current liabilities:

   Accounts payable

$ 127,306

$ 147,086

$ 126,794

   Income taxes payable

19,437

22,589

5,059

   Accrued salary and related expenses

132,847

191,846

147,168

   Accrued expenses

72,510

64,092

68,560

   Current portion of long term debt

303,272

303,496

4,506

   Deferred income on shipments to distributors

27,025

26,280

34,580

      Total current liabilities

682,397

755,389

386,667

Long term debt

5,592

5,592

311,792

Income taxes payable

226,001

212,389

98,650

Deferred tax liabilities

195,893

198,502

189,763

Other liabilities

26,254

27,797

22,155

      Total liabilities

1,136,137

1,199,669

1,009,027

Stockholders' equity:

   Common stock

292

293

293

   Retained earnings

2,583,060

2,553,418

2,526,598

   Accumulated other comprehensive loss

(14,915)

(15,434)

(14,335)

      Total stockholders' equity

2,568,437

2,538,277

2,512,556

TOTAL LIABILITIES & STOCKHOLDERS' EQUITY

$ 3,704,574

$3,737,946

$ 3,521,583