CONSOLIDATED  BALANCE SHEETS

(Unaudited)

March 31, 

December 30, 

March 25, 

2018

2017

2017

(in thousands) 

ASSETS

Current assets:

Cash and cash equivalents

$1,629,593

$ 1,631,510

$1,656,727

Short-term investments

1,094,801

1,191,765

499,154

Total cash, cash equivalents and short-term investments

2,724,394

2,823,275

2,155,881

Accounts receivable, net

320,553

235,695

257,592

Inventories

273,616

259,597

241,439

Other current assets

22,275

24,153

60,195

Total current assets

3,340,838

3,342,720

2,715,107

Property, plant and equipment, net

589,177

597,818

636,835

Intangible assets, net

90,848

67,716

103,981

Goodwill

532,904

491,015

491,015

Other assets

69,428

65,243

70,845

TOTAL ASSETS

$4,623,195

$ 4,564,512

$4,017,783

LIABILITIES AND STOCKHOLDERS' EQUITY

Current liabilities:

Accounts payable

$     84,407

$      84,770

$     82,938

Income taxes payable

24,339

10,523

4,538

Accrued salary and related expenses

147,771

113,716

135,702

Accrued expenses

48,384

37,687

35,208

Deferred margin on shipments to distributors

—

—

35,724

Current portion of debt

499,050

498,694

—

Total current liabilities

803,951

745,390

294,110

Long-term debt

990,787

990,428

991,877

Income taxes payable

817,969

801,260

534,028

Other liabilities

59,497

41,736

37,459

Total liabilities

2,672,204

2,578,814

1,857,474

Stockholders' equity:

Common stock and capital in excess of par value

283

283

284

Retained earnings

1,963,912

1,997,207

2,169,760

Accumulated other comprehensive loss

(13,204)

(11,792)

(9,735)

Total stockholders' equity

1,950,991

1,985,698

2,160,309

        TOTAL LIABILITIES & STOCKHOLDERS' EQUITY 

$4,623,195

$ 4,564,512

$4,017,783