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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 27, 2016
Jun. 28, 2015
[1]
ASSETS    
Cash and cash equivalents $ 2,232,021 $ 1,501,539
Investments 2,306,718 2,574,947
Accounts receivable, less allowance for doubtful accounts of $5,081 as of March 27, 2016 and $4,890 as of June 28, 2015 1,236,617 1,093,582
Inventories 934,932 943,346
Prepaid expenses and other current assets 231,277 157,435
Total current assets 6,941,565 6,270,849
Property and equipment, net 664,424 621,418
Restricted cash and investments 227,838 170,969
Goodwill 1,386,559 1,387,509
Intangible assets, net 612,779 728,140
Other assets 191,097 185,763
Total assets 10,024,262 9,364,648
LIABILITIES AND STOCKHOLDERS’ EQUITY    
Trade accounts payable 373,164 300,203
Accrued expenses and other current liabilities 655,945 649,438
Deferred profit 334,095 322,070
Current portion of convertible notes and capital leases 978,982 1,359,650
Total current liabilities 2,342,186 2,631,361
Senior notes, convertible notes, and capital leases, less current portion 1,407,250 1,001,382
Income taxes payable 266,681 202,930
Other long-term liabilities 137,017 184,023
Total liabilities $ 4,153,134 $ 4,019,696
Commitments and contingencies
Temporary equity, convertible notes $ 178,789 $ 241,808
Stockholders’ equity:    
Preferred stock, at par value of $0.001 per share; authorized - 5,000 shares, none outstanding 0 0
Common stock, at par value of $0.001 per share; authorized, 400,000 shares; issued and outstanding, 159,319 shares at March 27, 2016 and 158,531 shares at June 28, 2015 159 159
Additional paid-in capital 5,559,205 5,366,773
Treasury stock, at cost, 101,179 shares at March 27, 2016 and 99,562 shares at June 28, 2015 (4,420,356) (4,302,847)
Accumulated other comprehensive loss (55,890) (57,796)
Retained earnings 4,609,221 4,096,855
Total stockholders’ equity 5,692,339 5,103,144
Total liabilities and stockholders’ equity $ 10,024,262 $ 9,364,648
[1] Derived from audited financial statements