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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 24, 2017
Jun. 25, 2017
[1]
ASSETS    
Cash and cash equivalents $ 1,745,173 $ 2,377,534
Investments 3,954,526 3,663,628
Accounts receivable, less allowance for doubtful accounts of $5,262 as of December 24, 2017, and $5,103 as of June 25, 2017 2,279,044 1,673,398
Inventories 1,507,435 1,232,916
Prepaid expenses and other current assets 179,944 195,022
Total current assets 9,666,122 9,142,498
Property and equipment, net 807,340 685,595
Restricted cash and investments 255,984 256,205
Goodwill 1,485,230 1,385,673
Intangible assets, net 380,929 410,995
Other assets 316,660 241,799
Total assets 12,912,265 12,122,765
LIABILITIES AND STOCKHOLDERS’ EQUITY    
Trade accounts payable 421,788 464,643
Accrued expenses and other current liabilities 1,339,612 969,361
Deferred profit 748,635 607,672
Current portion of convertible notes, and capital leases; and commercial paper 1,401,660 908,439
Total current liabilities 3,911,695 2,950,115
Long-term debt and capital leases, less current portion 1,789,958 1,784,974
Income taxes payable 818,880 120,178
Other long-term liabilities 118,177 280,186
Total liabilities 6,638,710 5,135,453
Commitments and contingencies
Temporary equity, convertible notes 130,424 169,861
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, 159,451 shares at December 24, 2017, and 161,723 shares at June 25, 2017 159 162
Additional paid-in capital 5,959,945 5,845,485
Treasury stock, at cost; 110,754 shares at December 24, 2017, and 105,569 shares at June 25, 2017 (6,470,434) (5,216,187)
Accumulated other comprehensive loss (64,160) (61,700)
Retained earnings 6,717,621 6,249,691
Total stockholders’ equity 6,143,131 6,817,451
Total liabilities and stockholders’ equity $ 12,912,265 $ 12,122,765
[1] Derived from audited financial statements