10-Q

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 10-Q

(Mark One)

[X]	QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934
	For the quarterly period ended December 29, 2012

OR

[ ]	TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934
	For the transition period from ________ to ________.

Commission file number 1-34192

MAXIM INTEGRATED PRODUCTS, INC.

(Exact name of Registrant as Specified in its Charter)

Delaware  (State or Other Jurisdiction of Incorporation or Organization) 94-2896096 (I.R.S. Employer I. D. No.)

160 Rio Robles

San Jose, California 95134

(Address of Principal Executive Offices including Zip Code)

(408) 601-1000

(Registrant's Telephone Number, Including Area Code)

Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15 (d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file reports), and (2) has been subject to such filing requirements for the past 90 days. YES [x] NO [ ]

Indicate by check mark whether the registrant has submitted electronically and posted on its corporate Web site, if any, every Interactive Data File required to be submitted and posted pursuant to Rule 405 of Regulation S-T (232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit and post such files). YES [x] NO [ ]

Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer or a smaller reporting company. See definitions of "large accelerated filer," "accelerated filer" and "smaller reporting company" in Rule 12b-2 of the Exchange Act. (Check one):

Large accelerated filer [x] Accelerated filer [ ] Non-accelerated filer [ ]
(Do not check if a smaller reporting company) Smaller reporting company [ ]

Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act). (Check one):

YES [ ] NO [x]

As of January 18, 2013 there were 292,478,140 shares of Common Stock, par value $.001 per share, of the registrant outstanding.

MAXIM INTEGRATED PRODUCTS, INC.

INDEX

PART I - FINANCIAL INFORMATION	Page
Item 1. Financial Statements (Unaudited)	3
Condensed Consolidated Balance Sheets as of December 29, 2012 and June 30, 2012	3
Condensed Consolidated Statements of Income for the Three and Six Months Ended December 29, 2012 and December 31, 2011	4
Condensed Consolidated Statements of Comprehensive Income for the Three and Six Months Ended December 29, 2012 and December 31, 2011	5
Condensed Consolidated Statements of Cash Flows for the Six Months Ended December 29, 2012 and December 31, 2011	6
Notes to Condensed Consolidated Financial Statements	7
Item 2. Management's Discussion and Analysis of Financial Condition and Results of Operations	22
Item 3. Quantitative and Qualitative Disclosures About Market Risk	28
Item 4. Controls and Procedures	28
PART II - OTHER INFORMATION	28
Item 1. Legal Proceedings	28
Item 1A. Risk Factors	28
Item 2. Unregistered Sales of Equity Securities and Use of Proceeds	28
Item 3. Defaults Upon Senior Securities	29
Item 4. Mine Safety Disclosures	29
Item 5. Other Information	29
Item 6. Exhibits	31
SIGNATURES	32

2

Part I. FINANCIAL INFORMATION

Item 1. Financial Statements (Unaudited)

MAXIM INTEGRATED PRODUCTS, INC.

CONDENSED CONSOLIDATED BALANCE SHEETS

(Unaudited)

	December 29, 2012			June 30, 2012
	(in thousands)
ASSETS
Current assets:
Cash and cash equivalents	$	955,107		$	881,060
Short-term investments	75,192			75,326
Total cash, cash equivalents and short-term investments	1,030,299			956,386
Accounts receivable, net	264,545			317,461
Inventories	257,690			242,162
Deferred tax assets	80,991			98,180
Other current assets	90,470			85,177
Total current assets	1,723,995			1,699,366
Property, plant and equipment, net	1,359,014			1,353,606
Intangible assets, net	182,521			208,913
Goodwill	422,083			423,073
Other assets	50,940			52,988
TOTAL ASSETS	$	3,738,553		$	3,737,946
LIABILITIES AND STOCKHOLDERS' EQUITY
Current liabilities:
Accounts payable	$	110,495		$	147,086
Income taxes payable	22,146			22,589
Accrued salary and related expenses	152,122			191,846
Accrued expenses	58,900			64,092
Current portion of long-term debt	304,794			303,496
Deferred revenue on shipments to distributors	25,362			26,280
Total current liabilities	673,819			755,389
Long-term debt	3,997			5,592
Income taxes payable	260,770			212,389
Deferred tax liabilities	192,434			198,502
Other liabilities	26,321			27,797
Total liabilities	1,157,341			1,199,669
Commitments and contingencies (Note 11)
Stockholders' equity:
Common stock and capital in excess of par value	7,040			293
Retained earnings	2,589,619			2,553,418
Accumulated other comprehensive loss	(15,447		)	(15,434		)
Total stockholders' equity	2,581,212			2,538,277
TOTAL LIABILITIES & STOCKHOLDERS' EQUITY	$	3,738,553		$	3,737,946

See accompanying Notes to Condensed Consolidated Financial Statements.

3

MAXIM INTEGRATED PRODUCTS, INC.

CONDENSED CONSOLIDATED STATEMENTS OF INCOME

(Unaudited)

	Three Months Ended					Six Months Ended
	December 29, 2012			December 31, 2011		December 29, 2012			December 31, 2011
	(in thousands, except per share data)
Net revenues	$	605,306		$	591,359	$	1,228,381		$	1,227,361
Cost of goods sold	241,931			243,399		479,315			483,928
Gross margin	363,375			347,960		749,066			743,433
Operating expenses:
Research and development	135,742			142,084		268,672			282,297
Selling, general and administrative	80,058			80,826		160,245			163,282
Intangible asset amortization	3,903			4,338		7,952			8,659
Impairment of long-lived assets	22,222			—		24,929			—
Severance and restructuring expenses	2,236			6,047		2,236			6,539
Other operating expenses (income), net	1,666			155		2,081			(4,234		)
Total operating expenses	245,827			233,450		466,115			456,543
Operating income	117,548			114,510		282,951			286,890
Interest and other income (expense), net	(2,798		)	2,374		(8,540		)	(1,726		)
Income before provision for income taxes	114,750			116,884		274,411			285,164
Provision for income taxes	38,128			28,754		69,901			63,588
Net income	$	76,622		$	88,130	$	204,510		$	221,576
Earnings per share:
Basic	$	0.26		$	0.30	$	0.70		$	0.76
Diluted	$	0.26		$	0.29	$	0.68		$	0.74
Shares used in the calculation of earnings per share:
Basic	292,075			291,824		292,143			293,098
Diluted	298,759			299,290		298,704			300,083
Dividends paid per share	$	0.24		$	0.22	$	0.48		$	0.44

See accompanying Notes to Condensed Consolidated Financial Statements.

4

MAXIM INTEGRATED PRODUCTS, INC.

CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME

(Unaudited)

	Three Months Ended						Six Months Ended
	December 29, 2012			December 31, 2011			December 29, 2012			December 31, 2011
	(in thousands)
Net income	$	76,622		$	88,130		$	204,510		$	221,576
Other comprehensive income, net of tax:
Unrealized gains (losses) on available-for-sale securities, net of tax benefit (expense) of $38, $20, $58 and $46, respectively	(67		)	(33		)	(102		)	(80		)
Unrealized gains (losses) on cash flow hedges, net of tax benefit (expense) of $117, $(40), $(218), and $146, respectively	(202		)	69			383			(256		)
Tax effect of the unrealized exchange gain (loss) on long-term intercompany receivables	(466		)	1,246			(1,548		)	1,489
Unrealized gains (losses) on post-retirement benefits, net of tax benefit (expense) of $(69), $(35), $(168) and $(71), respectively	203			62			1,254			123
Other comprehensive income (loss)	(532		)	1,344			(13		)	1,276
Total comprehensive income	$	76,090		$	89,474		$	204,497		$	222,852

See accompanying Notes to Condensed Consolidated Financial Statements.

5

MAXIM INTEGRATED PRODUCTS, INC.

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS

(Unaudited)

	Six Months Ended
	December 29, 2012			December 31, 2011
	(in thousands)
Cash flows from operating activities:
Net income	$	204,510		$	221,576
Adjustments to reconcile net income to net cash provided by operating activities:
Stock-based compensation	45,342			46,939
Depreciation and amortization	105,554			104,066
Deferred taxes	9,793			39,477
Tax benefit (shortfall) related to stock-based compensation	6,522			(1,153		)
Impairment of long lived assets	24,929			—
Excess tax benefit from stock-based compensation	(11,834		)	(7,063		)
Loss (gain) from sale of property, plant and equipment	(139		)	251
Loss (gain) from sale of investments in privately-held companies	—			(1,811		)
Changes in assets and liabilities:
Accounts receivable	52,916			51,970
Inventories	(15,445		)	9,246
Other current assets	(3,748		)	(13,455		)
Accounts payable	(36,002		)	(13,515		)
Income taxes payable	47,938			16,317
Deferred revenue on shipments to distributors	(918		)	(5,745		)
All other accrued liabilities	(37,576		)	(76,971		)
Net cash provided by operating activities	391,842			370,129
Cash flows from investing activities:
Purchase of property, plant and equipment	(112,805		)	(117,685		)
Proceeds from sale of property, plant and equipment	4,459			1,709
Acquisitions	—			(166,287		)
Purchases of available-for-sale securities	—			(25,108		)
Proceeds from sale of investments in privately-held companies	—			3,225
Net cash used in investing activities	(108,346		)	(304,146		)
Cash flows from financing activities:
Excess tax benefit from stock-based compensation	11,834			7,063
Contingent consideration paid	(7,476		)	—
Repayment of notes payable	(298		)	(20,406		)
Net issuance of restricted stock units	(13,645		)	(14,992		)
Proceeds from stock options exercised	39,214			16,164
Issuance of employee stock purchase plan	16,768			14,906
Repurchase of common stock	(115,584		)	(161,160		)
Dividends paid	(140,262		)	(128,939		)
Net cash used in financing activities	(209,449		)	(287,364		)
Net increase (decrease) in cash and cash equivalents	74,047			(221,381		)
Cash and cash equivalents:
Beginning of period	881,060			962,541
End of period	$	955,107		$	741,160
Supplemental disclosures of cash flow information:
Cash paid (refunded), net during the period for income taxes	$	7,397		$	16,829
Cash paid for interest	$	5,282		$	5,653
Noncash financing and investing activities:
Accounts payable related to property, plant and equipment purchases	$	25,490		$	36,450

See accompanying Notes to Condensed Consolidated Financial Statements.

6

MAXIM INTEGRATED PRODUCTS, INC.

NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS (Unaudited)

NOTE 1: BASIS OF PRESENTATION

The accompanying unaudited condensed interim consolidated financial statements of Maxim Integrated Products, Inc. and all of its majority-owned subsidiaries (collectively, the "Company" or "Maxim Integrated") included herein have been prepared by the Company pursuant to the rules and regulations of the Securities and Exchange Commission (the "SEC"). Certain information and footnote disclosures normally included in consolidated financial statements prepared in accordance with generally accepted accounting principles of the United States of America ("GAAP") have been condensed or omitted pursuant to applicable rules and regulations. In the opinion of management, all adjustments considered necessary for fair presentation have been included. The year-end condensed consolidated balance sheet data were derived from audited consolidated financial statements but do not include all disclosures required by GAAP. The results of operations for the six months ended December 29, 2012 are not necessarily indicative of the results to be expected for the entire year. These condensed consolidated interim financial statements should be read in conjunction with the consolidated financial statements and the notes thereto included in the Annual Report on Form 10-K for the fiscal year ended June 30, 2012.

The Company has a 52-to-53-week fiscal year that ends on the last Saturday in June. Accordingly, every fifth or sixth fiscal year will be a 53-week fiscal year. Fiscal year 2013 is a 52-week fiscal year and fiscal year 2012 was a 53-week fiscal year.

NOTE 2: RECENTLY ADOPTED ACCOUNTING PRONOUNCEMENTS

In the first quarter of fiscal year 2013, the Company adopted Accounting Standards Update No. 2011-05, Comprehensive Income (Topic 220)-Presentation of Comprehensive Income and Accounting Standards Update No. 2011-12, Comprehensive Income (Topic 220)-Deferral of the Effective Date for Amendments to the Presentation of Reclassifications of Items Out of Accumulated Other Comprehensive Income in Accounting Standards Update No. 2011-05. The adoption of these amended standards impacted the presentation of other comprehensive income, as the Company elected to present two separate but consecutive statements, but did not impact our financial position or results of operations.

NOTE 3: BALANCE SHEET COMPONENTS

Accounts receivables, net consist of:

	December 29, 2012			June 30, 2012
Accounts Receivables:	(in thousands)
Accounts receivable	$	277,287		$	329,990
Returns and allowances	(12,742		)	(12,529		)
	$	264,545		$	317,461

Inventories consist of:

	December 29, 2012		June 30, 2012
Inventories:	(in thousands)
Raw materials	$	12,580	$	11,922
Work-in-process	166,571		149,603
Finished goods	78,539		80,637
	$	257,690	$	242,162

7

Property, plant and equipment, net consist of:

	December 29, 2012			June 30, 2012
Property, plant and equipment:	(in thousands)
Land	$	62,093		$	65,007
Buildings and building improvements	357,759			348,727
Machinery and equipment	2,040,072			2,105,905
	2,459,924			2,519,639
Less: accumulated depreciation and amortization	(1,100,910		)	(1,166,033		)
	$	1,359,014		$	1,353,606

NOTE 4: FAIR VALUE MEASUREMENTS

The FASB established a fair value hierarchy that prioritizes the inputs to valuation techniques used to measure fair value. This hierarchy requires an entity to maximize the use of observable inputs and minimize the use of unobservable inputs when measuring fair value. Three levels of inputs that may be used to measure fair value are as follows:

Level 1 - Quoted (unadjusted) prices in active markets for identical assets or liabilities.

The Company's Level 1 assets consist of money market funds.

Level 2 - Observable inputs other than quoted prices included in Level 1, such as quoted prices for similar assets or liabilities in active markets, quoted prices for identical or similar assets or liabilities in markets that are not active, or other inputs that are observable or can be corroborated by observable market data for substantially the full term of the asset or liability.

The Company's Level 2 assets and liabilities consist of certificates of deposit, government agency securities and foreign currency forward contracts.

Level 3 - Unobservable inputs to the valuation methodology that are significant to the measurement of the fair value of the assets or liabilities.

The Company's Level 3 consist of contingent consideration liability related to certain acquisitions and assets held-for-sale and certain fixed assets impaired during the period.

Assets and liabilities measured at fair value on a recurring basis were as follows:

	As of December 29, 2012								As of June 30, 2012
	Fair Value								Fair Value
	Measurements Using						Total		Measurements Using						Total
	Level 1		Level 2		Level 3		Balance		Level 1		Level 2		Level 3		Balance
	(in thousands)
Assets
Money market funds (1)	$	424,423	$	—	$	—	$	424,423	$	602,462	$	—	$	—	$	602,462
Certificates of deposit (1)	—		6,188		—		6,188		—		6,182		—		6,182
Government agency securities (2)	—		75,192		—		75,192		—		75,326		—		75,326
Foreign currency forward contracts (3)	—		1,176		—		1,176		—		642		—		642
Total Assets	$	424,423	$	82,556	$	—	$	506,979	$	602,462	$	82,150	$	—	$	684,612
Liabilities
Foreign currency forward contracts (4)	$	—	$	556	$	—	$	556	$	—	$	507	$	—	$	507
Contingent Consideration (4)	—		—		12,595		12,595		—		—		17,737		17,737
Total Liabilities	$	—	$	556	$	12,595	$	13,151	$	—	$	507	$	17,737	$	18,244

8

(1) Included in Cash and cash equivalents in the accompanying Condensed Consolidated Balance Sheets.

(2) Included in Short-term investments in the accompanying Condensed Consolidated Balance Sheets.

(3) Included in Other current assets in the accompanying Condensed Consolidated Balance Sheets.

(4) Included in Accrued expenses in the accompanying Condensed Consolidated Balance Sheets.

The tables below present reconciliations for liabilities measured and recorded at fair value on a recurring basis using significant unobservable inputs (Level 3) for the six months ended December 29, 2012 and for the year ended June 30, 2012:

Fair Value Measured and Recorded Using Significant Unobservable Inputs (Level 3)
	December 29, 2012			June 30, 2012
Contingent Consideration	(in thousands)
Beginning balance	$	17,737		$	8,800
Total gains or losses (realized and unrealized):
Included in earnings	2,334			1,670
Additions	—			11,354
Payments	(7,476		)	(4,087		)
Ending balance	$	12,595		$	17,737
Changes in unrealized losses (gains) included in earnings related to liabilities still held as of period end	$	2,334		$	1,670

The valuation of contingent consideration is based on a probability weighted earnouts model which relies primarily on estimates of milestone achievements and discount rates applicable for the period expected payout. The most significant unobservable input used in the determination of estimated fair value of contingent consideration is the estimates on the likelihood of milestone achievements, which directly correlates to the fair value recognized in the Condensed Consolidated Balance Sheets.

The fair value of this liability is estimated quarterly by management based on inputs received from the Company's engineering and finance personnel. The determination of the milestone achievement is performed by the Company's engineering department and reviewed by the accounting department. Potential valuation adjustments are made as the progress toward achieving milestones becomes determinable, with the impact of such adjustments being recorded through Other operating expenses (income), net. 

During the six months ended December 29, 2012 and the year ended June 30, 2012, there were no transfers in or out of Level 3 from other levels in the fair value hierarchy.

Assets measured at fair value on a non-recurring basis were as follows:

As of December 29, 2012, long-lived assets including primarily used fabrication tools and test equipment were written down to their fair value, less cost to sell, of $3.0 million, resulting in an impairment loss of $22.2 million, which was included in earnings for the period. The impairment charge was measured using Level 3 inputs. The Company reached its conclusion regarding the asset impairment after conducting an evaluation of asset fair values. The fair value was determined mainly after consideration of evidence such as broker quotes, and current market and asset conditions. Please refer to Note 15: "Impairment of long-lived assets" of these Notes to Condensed Consolidated Financial Statements.

As of June 30, 2012, long-lived assets comprised of buildings held for sale were written down to their fair value, less cost to sell, of $19.7 million, resulting in an impairment loss of $22.4 million, which was included in earnings for the period. The impairment charge was measured using Level 3 inputs. The Company reached its conclusion regarding the asset impairment after conducting an evaluation of assets fair values. The fair value of the land and buildings was determined mainly after consideration of evidence such as appraisals and offers received. Please refer to Note 15: "Impairment of long-lived assets" of these Notes to Condensed Consolidated Financial Statements.

9

NOTE 5: FINANCIAL INSTRUMENTS

Short-term investments

Fair values were as follows:

	December 29, 2012								June 30, 2012
	Amortized Cost		Gross Unrealized Gain		Gross Unrealized Loss		Estimated Fair Value		Amortized Cost		Gross Unrealized Gain		Gross Unrealized Loss		Estimated Fair Value
	(in thousands)
Available-for-sale investments
Government agency securities	$	75,034	$	158	$	—	$	75,192	$	75,007	$	319	$	—	$	75,326
Total available-for-sale investments	$	75,034	$	158	$	—	$	75,192	$	75,007	$	319	$	—	$	75,326

In the six months ended December 29, 2012 and the year ended June 30, 2012, Maxim Integrated did not recognize any impairment charges on short-term investments.

The government agency securities have maturity dates between February 26, 2013 and December 18, 2013.

Derivative instruments and hedging activities

Foreign Currency Risk

The Company generates revenues in various global markets based on orders obtained in non-U.S. currencies, primarily the Japanese Yen, the Euro and the British Pound. Maxim Integrated incurs expenditures denominated in non-U.S. currencies, principally the Philippine Peso and Thai Baht associated with the Company's manufacturing activities in the Philippines and Thailand, respectively, and expenditures for sales offices and research and development activities undertaken outside of the U.S. Maxim Integrated is exposed to fluctuations in foreign currency exchange rates primarily on orders and accounts receivable from sales in these foreign currencies and cash flows for expenditures in these foreign currencies. Maxim Integrated has established risk management strategies designed to reduce the impact of volatility of future cash flows caused by changes in the exchange rate for these currencies. These strategies reduce, but do not entirely eliminate, the impact of currency exchange rates movements. Maxim Integrated does not use derivative financial instruments for speculative or trading purposes. The Company routinely hedges its exposures to certain foreign currencies with various financial institutions in an effort to minimize the impact of certain currency exchange rate fluctuations. If a financial counterparty to any of the Company's hedging arrangements experiences financial difficulties or is otherwise unable to honor the terms of the foreign currency hedge, the Company may experience financial losses.

For derivative instruments that are designated and qualify as cash flow hedges under Accounting Standards Codification ("ASC") No. 815-Derivatives and Hedging, the effective portion of the gain or loss on the derivative is reported as a component of accumulated other comprehensive loss and reclassified into earnings into the same financial statement line as the item being hedged, and in the same period or periods during which the hedged transaction affects earnings. Gains and losses on the derivative representing either hedge ineffectiveness or hedge components excluded from the assessment of effectiveness are recognized in interest and other income (expense), net.

For derivative instruments that are not designated as hedging instruments under ASC No. 815, gains and losses are recognized in interest and other income (expense), net. All derivatives are foreign currency forward contracts to hedge certain foreign currency denominated assets or liabilities. The gains and losses on these derivatives largely offset the changes in the fair value of the assets or liabilities being hedged.

Fair Value of Derivative Instruments in the Condensed Consolidated Balance Sheets

Maxim Integrated estimates the fair value of derivatives primarily based on pricing models using current market rates and records all derivatives on the balance sheet at fair value. The gross notional and the recorded fair value of derivative financial instruments in the Condensed Consolidated Balance Sheets were as follows:

10

	As of December 29, 2012						As of June 30, 2012
	Gross Notional(1)		Other Current Assets		Accrued Expenses		Gross Notional (1)		Other Current Assets		Accrued Expenses
	(in thousands)
Derivatives designated as hedging instruments
Cash flow hedges:
Foreign exchange contracts	$	45,703	$	810	$	515	$	37,955	$	150	$	459
Derivatives not designated as hedging instruments
Foreign exchange contracts	40,658		366		41		35,105		492		48
Total derivatives	$	86,361	$	1,176	$	556	$	73,060	$	642	$	507

(1) Represents the face amounts of contracts that were outstanding as of December 29, 2012 and June 30, 2012, as applicable.

Derivatives designated as hedging instruments

The following table provides the balances and changes in the accumulated other comprehensive loss (income) related to derivative instruments during the six months ended December 29, 2012 and the year ended June 30, 2012.

	December 29, 2012			June 30, 2012
	(in thousands)
Beginning balance	$	309		$	(234	)
Gain (loss) reclassified to income	(584		)	653
Loss (gain) recorded in other comprehensive loss	(21		)	(110		)
Ending balance	$	(296	)	$	309

Maxim Integrated expects to reclassify an estimated net accumulated other comprehensive gain of $0.2 million, net of taxes, to earnings in the next twelve months along with the earnings effects of the related forecasted transactions in association with cash flow hedges.

The before-tax effect of cash flow derivative instruments for the three and six months ended December 29, 2012 and December 31, 2011 was as follows:

	Loss (Gain) Reclassified from Accumulated OCI into Income (Effective portion)
		Three Months Ended						Six Months Ended
	Location	December 29, 2012			December 31, 2011			December 29, 2012			December 31, 2011
		(in thousands)
Cash Flow hedges:
Foreign exchange contracts	Net revenues	$	147		$	(3	)	$	122		$	(245	)
Foreign exchange contracts	Cost of goods sold	(443		)	(322		)	(10		)	(127		)
Foreign exchange contracts	Operating expenses	(293		)	(225		)	(696		)	(225		)
Total cash flow hedges		$	(589	)	$	(550	)	$	(584	)	$	(597	)

The before-tax effect of derivative instruments not designated as hedging instruments on the Condensed Consolidated Statements of Income for the three and six months ended December 29, 2012 and December 31, 2011 was as follows:

11

	Gain (Loss) Recognized in Income on Derivative Instrument
		Three Months Ended				Six Months Ended
	Location	December 29, 2012		December 31, 2011		December 29, 2012			December 31, 2011
		(in thousands)
Foreign exchange contracts	Interest and other income (expense), net	$	904	$	645	$	(792	)	$	979
Total		$	904	$	645	$	(792	)	$	979

Volume of Derivative Activity

Total net U.S. Dollar notional amounts for foreign currency forward contracts, presented by net currency purchase (sale), are as follows:

In United States Dollars	December 29, 2012			June 30, 2012
	(in thousands)
Euro	$	10,152		$	(10,686	)
Japanese Yen	(9,272		)	(2,254		)
British Pound	(8,691		)	(575		)
Philippine Peso	16,587			15,443
Thai Baht	3,966			4,264
Total	$	12,742		$	6,192

Long-term debt

The following table summarizes the Company's long-term debt:

	December 29, 2012			June 30, 2012
	(in thousands)
3.45% fixed rate notes due June 2013	$	300,000		$	300,000
SensorDynamics Debt (Denominated in Euro)
Term fixed rate notes (2.0%-2.5%) due March 2013 to September 2015	6,497			6,285
Amortizing fixed rate notes (1.5%-2.75%) due up to June 2014	682			1,127
Amortizing floating rate notes (EURIBOR plus 1.5%) due up to June 2014	1,612			1,676
Total	308,791			309,088
Less: Current portion	(304,794		)	(303,496		)
Total long-term debt	$	3,997		$	5,592

On June 17, 2010, the Company completed a public offering of $300 million aggregate principal amount of the Company's 3.45% senior unsecured notes due on June 14, 2013 ("$300 million notes"), with an effective interest rate of 3.49%. Interest is payable semi-annually in arrears on June 14 and December 14 of each year. The $300 million notes are governed by base and supplemental indentures dated June 10, 2010 and June 17, 2010, respectively, between the Company and Wells Fargo Bank, National Association, as trustee.

In conjunction with the SensorDynamics acquisition as discussed in Note 13: "Acquisitions" of these Notes to Condensed Consolidated Financial Statements, Maxim Integrated acquired certain fixed and floating rate notes as detailed in the table above.

The Company accounts for all the notes above based on their amortized cost. The discount and expenses are being amortized to Interest and other income (expense), net over the life of the notes. Interest expense associated with the notes was $2.6 million and $2.8 million during the three months ended December 29, 2012 and December 31, 2011, respectively. Interest expense associated with the notes was $5.2 million and $5.4 million during the six months ended December 29, 2012 and December 31, 2011,

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respectively. The interest expense is recorded in Interest and other income (expense), net in the Condensed Consolidated Statements of Income.

The estimated fair value of Maxim Integrated's debt was approximately $313 million at December 29, 2012. The estimated fair value of the debt is based primarily on quoted market prices.

Other Financial Instruments

For the balance of Maxim Integrated's financial instruments, cash equivalents, accounts receivable, accounts payable and other accrued liabilities, the carrying amounts approximate fair value due to their short maturities.

NOTE 6: STOCK-BASED COMPENSATION

The following table shows total stock-based compensation expense by type of award, and the resulting tax effect, included in the Condensed Consolidated Statements of Income for the three and six months ended December 29, 2012 and December 31, 2011:

	Three Months Ended
	December 29, 2012								December 31, 2011
	Stock Options		Restricted Stock Units		Employee Stock Purchase Plan		Total		Stock Options		Restricted Stock Units		Employee Stock Purchase Plan		Total
	(in thousands)
Cost of goods sold	$	477	$	2,572	$	634	$	3,683	$	565	$	2,657	$	470	$	3,692
Research and development	2,288		8,401		1,451		12,140		2,440		9,207		1,262		12,909
Selling, general and administrative	1,286		5,152		584		7,022		1,704		4,778		391		6,873
Pre-tax stock-based compensation expense	$	4,051	$	16,125	$	2,669	$	22,845	4,709		$	16,642	$	2,123	$	23,474
Less: income tax effect							3,938								5,809
Net stock-based compensation expense							$	18,907							$	17,665

	Six Months Ended
	December 29, 2012								December 31, 2011
	Stock Options		Restricted Stock Units		Employee Stock Purchase Plan		Total		Stock Options		Restricted Stock Units		Employee Stock Purchase Plan		Total
	(in thousands)
Cost of goods sold	$	875	$	4,743	$	1,053	$	6,671	$	1,082	$	4,964	$	903	$	6,949
Research and development	4,117		17,611		2,735		24,463		4,495		19,165		2,510		26,170
Selling, general and administrative	2,841		10,271		1,096		14,208		3,132		9,903		785		13,820
Pre-tax stock-based compensation expense	$	7,833	$	32,625	$	4,884	$	45,342	$	8,709	$	34,032	$	4,198	$	46,939
Less: income tax effect							8,770								11,268
Net stock-based compensation expense							$	36,572							$	35,671

Fair Value

The fair value of options granted to employees under the Company's Amended and Restated 1996 Stock Incentive Plan and rights to acquire common stock under the Company's 2008 Employee Stock Purchase Plan (the "ESPP") is estimated on the date of grant using the Black-Scholes option valuation model. The fair value of Restricted Stock Units ("RSUs") is estimated using the value

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of the Company's common stock on the date of grant, reduced by the present value of dividends expected to be paid on the Company's common stock prior to vesting.

Expected volatilities are based on the historical volatilities from the Company's traded common stock over a period equal to the expected term. The Company is utilizing the simplified method to estimate expected holding periods. The risk-free interest rate is based on the U.S. Treasury yield. The Company determines the dividend yield by dividing the annualized dividends per share by the prior quarter's average stock price. The result is analyzed by the Company to decide whether it represents expected future dividend yield. The Company also estimates forfeitures at the time of grant and makes revisions to forfeitures on a quarterly basis.

The fair value of share-based awards granted to employees has been estimated at the date of grant using the Black-Scholes option valuation model and the following weighted-average assumptions:

	Stock Options
	Three Months Ended				Six Months Ended
	December 29, 2012		December 31, 2011		December 29, 2012		December 31, 2011
Expected holding period (in years)	5.1		5.1		5.4		5.1
Risk-free interest rate	0.7	%	1.0	%	0.7	%	1.3	%
Expected stock price volatility	37.6	%	38.0	%	37.8	%	38.0	%
Dividend yield	3.6	%	3.8	%	3.3	%	3.1	%

	ESPP
	Three Months Ended				Six Months Ended
	December 29, 2012		December 31, 2011		December 29, 2012		December 31, 2011
Expected holding period (in years)	0.5		0.5		0.5		0.5
Risk-free interest rate	0.1	%	0.1	%	0.1	%	0.1	%
Expected stock price volatility	26.1	%	32.2	%	26.1	%	32.2	%
Dividend yield	3.6	%	3.8	%	3.6	%	3.8	%

The weighted-average fair value of stock options granted was $6.59 and $6.05 per share for the three months ended December 29, 2012 and December 31, 2011, respectively. The weighted-average fair value of RSUs granted was $26.82 and $23.46 per share for the three months ended December 29, 2012 and December 31, 2011, respectively.

The weighted-average fair value of stock options granted was $6.26 and $5.81 per share for the six months ended December 29, 2012 and December 31, 2011, respectively. The weighted-average fair value of RSUs granted was $24.67 and $20.05 per share for the six months ended December 29, 2012 and December 31, 2011, respectively.

Stock Options

The following table summarizes outstanding, exercisable and vested and expected to vest stock options as of December 29, 2012 and their activity for the six months ended December 29, 2012:

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	Number of Shares		Weighted Average Exercise Price		Weighted Average Remaining Contractual Term (in Years)	Aggregate Intrinsic Value (1)
Balance at June 30, 2012	24,234,994		$	25.20
Options Granted	2,656,716		27.30
Options Exercised	(2,316,931	)	16.58
Options Cancelled	(1,483,197	)	31.53
Balance at December 29, 2012	23,091,582		$	25.90	3.6	$	151,652,908
Exercisable, December 29, 2012	11,965,565		$	30.23	2.0	$	53,498,126
Vested and expected to vest, December 29, 2012	21,740,804		$	26.06	3.4	$	142,535,169

(1) Aggregate intrinsic value represents the difference between the exercise price and the closing price per share of the Company's common stock on December 28, 2012, the last business day preceding the fiscal quarter-end, multiplied by the number of options outstanding, exercisable or vested and expected to vest as of December 29, 2012.

As of December 29, 2012, there was $38.2 million of total unrecognized stock compensation cost related to 11.1 million unvested stock options, which is expected to be recognized over a weighted average period of approximately 3.0 years.

Restricted Stock Units

The following table summarizes outstanding and expected to vest RSUs as of December 29, 2012 and their activity during the six months ended December 29, 2012:

	Number of Shares		Weighted Average Remaining Contractual Term (in Years)	Aggregate Intrinsic Value (1)
Balance at June 30, 2012	8,923,454
Restricted stock units granted	2,612,007
Restricted stock units released	(1,615,135	)
Restricted stock units cancelled	(422,274	)
Balance at December 29, 2012	9,498,052		2.9	$	286,379,516
Outstanding and expected to vest, December 29, 2012	8,307,507		2.8	$	249,723,671

(1) Aggregate intrinsic value for RSUs represents the closing price per share of the Company's common stock on December 28, 2012, the last business day preceding the fiscal quarter-end, multiplied by the number of RSUs outstanding or expected to vest as of December 29, 2012.

The Company withheld shares totaling $6.5 million and $13.6 million in value as a result of employee withholding taxes based on the value of the RSUs on their vesting date for the three and six months ended December 29, 2012, respectively. The total payments for the employees' tax obligations to the taxing authorities are reflected as financing activities within the Condensed Consolidated Statements of Cash Flows.

As of December 29, 2012, there was $139.7 million of unrecognized compensation expense related to 9.5 million unvested RSUs, which is expected to be recognized over a weighted average period of approximately 2.9 years.

Employee Stock Purchase Plan

As of December 29, 2012, there was $9.0 million of unrecognized compensation expense related to the ESPP.

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NOTE 7: EARNINGS PER SHARE

Basic earnings per share are computed using the weighted average number of shares of common stock outstanding during the period. For purposes of computing basic earnings per share, the weighted average number of outstanding shares of common stock excludes unvested RSUs. Diluted earnings per share incorporates the incremental shares issuable upon the assumed exercise of stock options, assumed release of unvested RSUs and assumed issuance of common stock under the employee stock purchase plans using the treasury stock method.

The following table sets forth the computation of basic and diluted earnings per share.

	Three Months Ended				Six Months Ended
	December 29, 2012		December 31, 2011		December 29, 2012		December 31, 2011
	(in thousands, except per share data)
Numerator for basic earnings per share and diluted earnings per share
Net income	$	76,622	$	88,130	$	204,510	$	221,576
Denominator for basic earnings per share	292,075		291,824		292,143		293,098
Effect of dilutive securities:
Stock options, ESPP and RSUs	6,684		7,466		6,561		6,985
Denominator for diluted earnings per share	298,759		299,290		298,704		300,083
Earnings per share
Basic	$	0.26	$	0.30	$	0.70	$	0.76
Diluted	$	0.26	$	0.29	$	0.68	$	0.74

Approximately 11.6 million and 14.6 million stock options were excluded from the calculation of diluted earnings per share for the three months ended December 29, 2012 and December 31, 2011, respectively. Approximately 11.2 million and 14.2 million stock options were excluded from the calculation of diluted earnings per share for the six months ended December 29, 2012 and December 31, 2011, respectively. These options were excluded because they were determined to be antidilutive. However, such options could be dilutive in the future and, under those circumstances, would be included in the calculation of diluted earnings per share.

NOTE 8: SEGMENT INFORMATION

The Company operates and tracks its results in one reportable segment. The Company designs, develops, manufactures and markets a broad range of linear and mixed signal integrated circuits. The Chief Executive Officer has been identified as the Chief Operating Decision Maker as defined by ASC No. 280, Disclosures about Segments Reporting ("ASC 280").

The Company has three operating segments which aggregate into one reportable segment. Under ASC 280, two or more operating segments may be aggregated into a single operating segment for financial reporting purposes if aggregation is consistent with the objective and basic principles of ASC 280, if the segments have similar economic characteristics, and if the segments are similar in each of the following areas:

• the nature of products and services;

• the nature of the production processes;

• the type or class of customer for their products and services; and

• the methods used to distribute their products or provide their services.

The Company meets each of the aggregation criteria for the following reasons:

• the sale of analog and mixed signal integrated circuits is the primary source of revenue for each of the Company's three operating segments;

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• the integrated circuits sold by each of the Company's operating segments are manufactured using similar semiconductor manufacturing processes;

• the integrated circuits marketed by each of the Company's operating segments are sold to the same types of customers; and

• all of the Company's integrated circuits are sold through a centralized sales force and common wholesale distributors.

All of the Company's operating segments share similar long term financial performance as they have similar economic characteristics. The causes for variation among the Company's operating segments are the same and include factors such as (i) life cycle and price and cost fluctuations, (ii) number of competitors, (iii) product differentiation and (iv) size of market opportunity. Additionally, each operating segment is subject to the overall cyclical nature of the semiconductor industry. The number and composition of employees and the amounts and types of tools and materials required are similar for each operating segment. Finally, even though the Company periodically reorganizes the Company's operating segments based upon changes in customers, end-markets or products, acquisitions, long-term growth strategies, and the experience and bandwidth of the senior executives in charge, the common financial goals for each operating segment remain constant.

Enterprise-wide information is provided in accordance with ASC 280. Geographical revenue information is based on customers' ship-to location. Long-lived assets consist of property, plant and equipment. Property, plant and equipment information is based on the physical location of the assets at the end of each fiscal year.

Net revenues from unaffiliated customers by geographic region were as follows:

	Three Months Ended				Six Months Ended
	December 29, 2012		December 31, 2011		December 29, 2012		December 31, 2011
	(in thousands)
United States	$	62,860	$	74,512	$	121,981	$	151,441
China	266,479		260,396		541,384		536,826
Japan	35,171		37,327		70,987		74,234
Korea	56,616		41,678		120,995		107,439
Rest of Asia	102,075		88,318		203,686		168,632
Europe	66,941		70,995		137,848		154,633
Rest of World	15,164		18,133		31,500		34,156
	$	605,306	$	591,359	$	1,228,381	$	1,227,361

Net long-lived assets by geographic region were as follows:

	December 29, 2012		June 30, 2012
	(in thousands)
United States	$	1,028,384	$	957,982
Philippines	199,752		247,681
Thailand	82,045		99,308
Rest of World	48,833		48,635
	$	1,359,014	$	1,353,606

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NOTE 9: COMPREHENSIVE INCOME

The components of Accumulated Other Comprehensive Loss were as follows:

	December 29, 2012			June 30, 2012
	(in thousands)
Tax effect of the unrealized exchange loss on long-term intercompany receivables	$	(8,017	)	$	(6,469	)
Unrealized loss on post-retirement benefits	(6,190		)	(7,444		)
Cumulative translation adjustment	(1,527		)	(1,527		)
Unrealized gain (loss) on cash flow hedges	187			(196		)
Unrealized gain on available-for-sale securities	100			202
Accumulated Other Comprehensive Loss	$	(15,447	)	$	(15,434	)

NOTE 10: INCOME TAXES

In the three and six months ended December 29, 2012, the Company recorded an income tax provision of $38.1 million and $69.9 million, respectively, compared to an income tax provision of $28.8 million and $63.6 million in the three and six months ended December 31, 2011, respectively. 

The Company's federal statutory tax rate is 35%. The Company's income tax provision for the three and six months ended December 29, 2012 and December 31, 2011 was lower than the amount computed by applying the statutory tax rate primarily because the earnings of the foreign subsidiaries were taxed at lower rates. The Company's income tax provision for the three and six months ended December 29, 2012 included a $21.4 milliondiscretetax charge for research and development expenses of a foreign subsidiary for which no tax benefit is available.

On January 2, 2013, the President signed into law The American Taxpayer Relief Act of 2012, which extended the research tax credit for two years from January 1, 2012 to December 31, 2013.  As a result of the retroactive extension back to January 1, 2012, we expect to recognize a one-time benefit of $7.6 million for research tax credits earned in the fiscal year 2012 and first two quarters of fiscal year 2013. This benefit will be recognized in the third quarter of fiscal year 2013, which is the quarter in which the legislation that extended the research tax credit was enacted.

In fiscal year 2012 the U.S. Internal Revenue Service commenced an audit of the Company's federal corporate income tax returns for fiscal years 2009 through 2011, which is still ongoing.

NOTE 11: COMMITMENTS AND CONTINGENCIES

Legal Proceedings

We are party or subject to various legal proceedings and claims, either asserted or unasserted, which arise in the ordinary course of business, including proceedings and claims that relate to intellectual-property matters. While the outcome of these matters cannot be predicted with certainty, we do not believe that the outcome of any of these matters, individually or in the aggregate, will result in losses that are materially in excess of amounts already recognized or reserved, if any.

Indemnification

The Company indemnifies certain customers, distributors, suppliers and subcontractors for attorney fees and damages and costs awarded against such parties in certain circumstances in which the Company's products are alleged to infringe third party intellectual property rights, including patents, registered trademarks and copyrights. The terms of the Company's indemnification obligations are generally perpetual from the effective date of the agreement. In certain cases, there are limits on and exceptions to the Company's potential liability for indemnification relating to intellectual property infringement claims.

Legal fees associated with indemnification obligations, defense and other related costs

Pursuant to the Company's charter documents and separate written indemnification agreements, the Company has indemnification obligations to its current executive officers and directors, as well as certain former officers and directors. Pursuant to such

18

obligations, the Company has incurred expenses related to legal fees and expenses advanced to certain former officers of the Company subject to civil charges by the SEC in connection with Maxim Integrated's historical stock option granting practices.  The Company expenses such amounts as incurred.

NOTE 12: COMMON STOCK REPURCHASES

In August 2011, the Board of Directors authorized the Company to repurchase up to $750 million of the Company's common stock from time to time at the discretion of the Company's management. This stock repurchase authorization has no expiration date. All prior authorizations by the Company's Board of Directors for the repurchase of common stock were canceled and superseded by this authorization.

During the six months ended December 29, 2012, the Company repurchased approximately 4.3 million shares of its common stock for $115.6 million. As of December 29, 2012, the Company had remaining authorization to repurchase up to an additional $435.6 million of the Company's common stock. The number of shares to be repurchased and the timing of such repurchases will be based on several factors, including the price of the Company's common stock and general market and business conditions.

NOTE 13: ACQUISITIONS

Acquisitions completed through second quarter of fiscal year 2013

Maxim has not completed any acquisitions in the six months ended December 29, 2012; however, Maxim paid $7.5 million in contingent consideration relating to certain prior years acquisitions in the six months ended December 29, 2012. Total contingent consideration that could still be paid out under these acquisitions amounts to $16.9 million.

Acquisitions completed during fiscal year 2012

The purchase price allocation for acquisitions completed in fiscal year 2012 is set forth in the table below, including work performed by third-party valuation specialists.

Pro forma results of operations for these acquisitions have not been presented because they are not material to Maxim Integrated's condensed consolidated income, either individually or in the aggregate. Revenue and earnings per share for the acquired businesses since the date of acquisition through December 29, 2012 were not provided as they are not material. Goodwill, which represents the excess of the purchase price over the net tangible and intangible assets acquired, is not expected to be deductible for tax purposes. Acquisition costs for fiscal year 2012 were not material.

Aggregate purchase price allocation for acquisitions made by Maxim Integrated during fiscal year 2012:

	SensorDynamics			Other acquisitions			Total
				(in thousands)
Tangible assets	$	18,692		$	1,159		$	19,851
Debt assumed	(29,078		)	—			(29,078		)
Other liabilities assumed	(37,559		)	(4,729		)	(42,288		)
Net liabilities assumed	(47,945		)	(3,570		)	(51,515		)
Amortizable intangible assets	20,900			17,840			38,740
In-process research and development ("IPR&D")	19,600			—			19,600
Goodwill (1)	130,594			38,392			168,986
Total purchase price	$	123,149		$	52,662		$	175,811

(1) Includes $11.4 million of contingent consideration relating to the other acquisitions discussed further below.

The following table presents details of the Company's intangible assets acquired through business combinations completed during fiscal year 2012 (in thousands, except years):

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	Intellectual Property			Customer Relationships			Tradename			Total
	Weighted Average Useful Life (in Years)	Amount		Weighted Average Useful Life (in Years)	Amount		Weighted Average Useful Life (in Years)	Amount
SensorDynamics	7.0	$	16,400	7.0	$	4,100	3.0	$	400	$	20,900
Other acquisitions	9.2	15,340		3.0	2,500		—	—		17,840
Total		$	31,740		$	6,600		$	400	$	38,740
Weighted Average (in Years)	8.1			5.5			3.0

SENSORDYNAMICS

On July 18, 2011, the Company acquired SensorDynamics, a semiconductor company that develops proprietary sensor and microelectromechanical solutions. SensorDynamics is based in Lebring, near Graz, Austria. The purpose of the acquisition was to allow Maxim Integrated to combine sensors with analog products. The total cash consideration associated with the acquisition was approximately $123.1 million.

OTHER ACQUISITIONS

The Company acquired three other companies during fiscal year 2012, which included a company that develops low power high performance analog circuits. The total cash consideration paid in these three acquisitions was approximately $41.3 million. Maxim Integrated also recorded $11.4 million, representing the fair value of contingent consideration that would be payable in the future should certain specified project milestones be met. The contingent consideration was calculated based on probabilities that were developed regarding the likelihood that the product development milestones would be met and when the contingent payments would occur. Based on these factors, a probability weighted earnout amount was calculated and discounted (at the cost of debt) to present value.

NOTE 14: GOODWILL AND INTANGIBLE ASSETS

Goodwill

The Company monitors the recoverability of goodwill recorded in connection with acquisitions, by reporting unit, annually, or more often if events or changes in circumstances indicate that the carrying amount may not be recoverable. The Company performed the annual impairment analysis during the first quarter of fiscal year 2013 and concluded that goodwill was not impaired, as the fair value of each reporting unit exceeded its carrying value, including goodwill.

Activity and goodwill balances for the six months ended December 29, 2012 were as follows:

	Goodwill
	(in thousands)
Balance at June 30, 2012	$	423,073
Adjustments	(990		)
Balance at December 29, 2012	$	422,083

Intangible Assets

The useful lives of amortizable intangible assets are as follows:

Asset	Life
Intellectual Property	5-10 years
Customer Relationships	3-10 years
Tradename	3 years
Backlog	1 year

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Intangible assets consisted of the following:

	December 29, 2012						June 30, 2012
	Original Cost		Accumulated Amortization		Net		Original Cost		Accumulated Amortization		Net
	(in thousands)
Intellectual property	$	231,912	$	121,202	$	110,710	$	227,912	$	102,501	$	125,411
Customer relationships	95,230		47,041		48,189		95,230		39,583		55,647
Backlog	6,400		6,400		—		6,400		6,400		—
Tradename	2,100		1,758		342		2,100		1,525		575
Total amortizable purchased intangible assets	335,642		176,401		159,241		331,642		150,009		181,633
IPR&D	23,280		—		23,280		27,280		—		27,280
Total purchased intangible assets	$	358,922	$	176,401	$	182,521	$	358,922	$	150,009	$	208,913

The following table presents the amortization expense of intangible assets and its presentation in the Condensed Consolidated Statements of Income:

	Three Months Ended				Six Months Ended
	December 29, 2012		December 31, 2011		December 29, 2012		December 31, 2011
	(in thousands)
Cost of goods sold	$	8,986	$	8,080	$	18,440	$	17,514
Intangible asset amortization	3,903		4,338		7,952		8,659
Total intangible asset amortization expenses	$	12,889	$	12,418	$	26,392	$	26,173

The following table represents the estimated future amortization expense of intangible assets as of December 29, 2012:

Fiscal Year	Amount
	(in thousands)
Remaining six months of 2013	$	24,597
2014	44,739
2015	41,536
2016	28,244
2017	18,233
2018	1,455
Thereafter	437
Total intangible assets	$	159,241

NOTE 15: IMPAIRMENT OF LONG-LIVED ASSETS

Fiscal year 2013:

During the second quarter of fiscal year 2013, the Company identified certain assets as excess primarily attributable to the transition to utilizing newer, more efficient manufacturing equipment. These assets included used fabrication tools and test manufacturing equipment. In connection with these circumstances, the Company recorded a charge for the write down of equipment to its estimated fair value. The total charge of $22.2 million was included in impairment of long-lived assets in the Company's Condensed Consolidated Statements of Income. The Company reached its conclusion regarding the asset impairment after conducting an evaluation of assets fair values. The fair value of the equipment was determined mainly after consideration of quoted market prices of similar equipment adjusted for equipment specifications and condition in addition to the current market demand and size.

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During the first quarter of fiscal year 2013, the Company identified certain idle facilities as held for sale. In connection with these circumstances, the Company recorded a charge for the write-down of land and buildings to their estimated fair value, less cost to sell. The total charge of $2.7 million was included in impairment of long-lived assets in the Company's Condensed Consolidated Statements of Income. The Company reached its conclusion regarding the asset impairment after conducting an evaluation of assets fair values. The fair value of the land and buildings was determined mainly after consideration of evidence such as appraisals and offers received.

Fiscal year 2012:

During the fourth quarter of fiscal year 2012, the Company identified certain idle facilities as held for sale. In connection with these circumstances, the Company recorded a charge for the write-down of land and buildings to their estimated fair value, less cost to sell. The total charge of $22.4 million was included in impairment of long-lived assets in the Company's Consolidated Statements of Income. The Company reached its conclusion regarding the asset impairment after conducting an evaluation of assets fair values. The fair value of the land and buildings was determined mainly after consideration of evidence such as appraisals and offers received.

The Company has ceased depreciation and classified the above assets as held for sale based on its intentions to sell the assets and has included the lower of fair value less cost to sell and net book value of $24.0 million in other assets in the Condensed Consolidated Balance Sheet as of June 30, 2012.

NOTE 16: SUBSEQUENT EVENT

On December 31,2012, the Company sold its video processing product line to GEO Semiconductor, Inc.

ITEM 2. MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS

Maxim Integrated Products, Inc. ("Maxim Integrated" or the "Company" and also referred to as "we," "our" or "us") disclaims any duty to and undertakes no obligation to update any forward-looking statement, whether as a result of new information relating to existing conditions, future events or otherwise or to release publicly the results of any future revisions it may make to forward-looking statements to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events, except as required by federal securities laws. Readers are cautioned not to place undue reliance on such statements, which speak only as of the date of this Quarterly Report on Form 10-Q. Readers should carefully review future reports and documents that the Company files with or furnishes to the SEC from time to time, such as its Annual Reports on Form 10-K, its Quarterly Reports on Form 10-Q and any Current Reports on Form 8-K.

Overview of Business

Maxim Integrated is incorporated in the state of Delaware. Maxim Integrated designs, develops, manufactures and markets a broad range of linear and mixed-signal integrated circuits, commonly referred to as analog circuits, for a large number of geographically diverse customers. The Company also provides a range of high-frequency process technologies and capabilities that can be used in custom designs. The analog market is fragmented and characterized by many diverse applications, a great number of product variations and, with respect to many circuit types, relatively long product life cycles. The Company is a global company with wafer manufacturing facilities in the U.S., testing facilities in the Philippines and Thailand and sales and circuit design offices throughout the world. The major end-markets in which the Company's products are sold are the communications, computing, consumer and industrial markets.

CRITICAL ACCOUNTING POLICIES

The methods, estimates and judgments we use in applying our most critical accounting policies have a significant impact on the results we report in our consolidated financial statements. The SEC has defined the most critical accounting policies as the ones that are most important to the portrayal of our financial condition and results of operations, and that require us to make our most difficult and subjective accounting judgments, often as a result of the need to make estimates of matters that are inherently uncertain. Based on this definition, our most critical accounting policies include revenue recognition and related allowances, which impact the recording of revenues; valuation of inventories, which impacts costs of goods sold and gross margins; the assessment of recoverability of long-lived assets, which impacts write-offs of fixed assets, intangible assets, and goodwill; accounting for stock-based compensation, which impacts cost of goods sold, gross margins and operating expenses; accounting for income taxes, which impacts the income tax provision; and assessment of contingencies, which impacts charges recorded in cost of goods sold and

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operating expenses. We have other significant accounting policies that either do not generally require estimates and judgments that are as difficult or subjective, or are less likely to have a material impact on our reported results of operations for a given period.

There have been no material changes during the six months ended December 29, 2012 to the items that we disclosed as our critical accounting policies and estimates in Management's Discussion and Analysis of Financial Condition and Results of Operations in our Annual Report on Form 10-K for the fiscal year ended June 30, 2012.

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RESULTS OF OPERATIONS

The following table sets forth certain Condensed Consolidated Statements of Income data expressed as a percentage of net revenues for the periods indicated:

	Three Months Ended				Six Months Ended
	December 29, 2012		December 31, 2011		December 29, 2012		December 31, 2011
Net revenues	100.0	%	100.0	%	100.0	%	100.0	%
Cost of goods sold	40.0	%	41.2	%	39.0	%	39.4	%
Gross margin	60.0	%	58.8	%	61.0	%	60.6	%
Operating expenses:
Research and development	22.4	%	24.0	%	21.9	%	23.0	%
Selling, general and administrative	13.2	%	13.7	%	13.0	%	13.3	%
Intangible asset amortization	0.6	%	0.7	%	0.6	%	0.7	%
Impairment of long-lived assets	3.7	%	—	%	2.0	%	—	%
Severance and restructuring expenses	0.4	%	1.0	%	0.2	%	0.5	%
Other operating expenses (income), net	0.3	%	—	%	0.2	%	(0.3	)%
Total operating expenses	40.6	%	39.4	%	37.9	%	37.2	%
Operating income	19.4	%	19.4	%	23.1	%	23.4	%
Interest and other income (expense), net	(0.5	)%	0.4	%	(0.7	)%	(0.1	)%
Income before provision for income taxes	18.9	%	19.8	%	22.4	%	23.3	%
Provision for income taxes	6.3	%	4.9	%	5.7	%	5.2	%
Net income	12.6	%	14.9	%	16.7	%	18.1	%

The following table shows stock-based compensation included in the components of the Condensed Consolidated Statements of Income reported above as a percentage of net revenues for the periods indicated:

	Three Months Ended				Six Months Ended
	December 29, 2012		December 31, 2011		December 29, 2012		December 31, 2011
Cost of goods sold	0.6	%	0.6	%	0.5	%	0.6	%
Research and development	2.0	%	2.2	%	2.0	%	2.1	%
Selling, general and administrative	1.2	%	1.2	%	1.2	%	1.1	%
	3.8	%	4.0	%	3.7	%	3.8	%

Net Revenues

Net revenues were $605.3 million and $591.4 million for the three months ended December 29, 2012 and December 31, 2011, respectively, an increase of 2.4%. Net revenues were $1,228.4 million and $1,227.4 million for the six months ended December 29, 2012 and December 31, 2011, respectively, an increase of 0.1%. We classify our shipments by four major end market categories: Communications, Computing, Consumer and Industrial. Net shipments increased during the three and six months ended December 29, 2012 as compared to the three and six months ended December 31, 2011 due to improved demand for our products in the consumer markets primarily from growth in smart phones. This increase was offset by continued decline in our notebook business in the computing market.

During the three months ended December 29, 2012 and December 31, 2011, approximately 90% and 87% of net revenues, respectively, were derived from customers outside of the U.S. During the six months ended December 29, 2012 and December 31, 2011, approximately 90% and 88% of net revenues, respectively, were derived from customers outside of the U.S. While the

24

majority of these sales are denominated in U.S. dollars, we enter into foreign currency forward contracts to mitigate our risks on firm commitments and net monetary assets and liabilities denominated in foreign currencies. The impact of changes in foreign exchange rates on our revenue and results of operations for the three and six months ended December 29, 2012 and December 31, 2011 was immaterial.

Gross Margin

Our gross margin percentages were 60.0% and 58.8% for the three months ended December 29, 2012 and December 31, 2011, respectively. The gross margin increased primarily due to lower inventory reserve requirements and improved manufacturing efficiencies from test operations.

Our gross margin percentages were 61.0% and 60.6% for the six months ended December 29, 2012 and December 31, 2011, respectively. The gross margin increased primarily due to lower inventory reserve requirements and improved manufacturing efficiencies from test operations.

Research and Development

Research and development expenses were $135.7 million and $142.1 million for the three months ended December 29, 2012 and December 31, 2011, respectively, which represented 22.4% and 24.0% of net revenues, respectively. The $6.4 million decrease was primarily attributable to a decrease in salaries and related expenses of $6.0 million as a result of decreased headcount and one extra week in the fiscal quarter ended December 31, 2011.

Research and development expenses were $268.7 million and $282.3 million for the six months ended December 29, 2012 and December 31, 2011, respectively, which represented 21.9% and 23.0% of net revenues, respectively. The $13.6 million decrease was primarily attributable to a decrease in salaries and related expenses of $9.4 million as a result of decreased headcount and one extra week in the fiscal quarter ended December 31, 2011.

Selling, General and Administrative

Selling, general and administrative expenses were relatively flat at $80.1 million and $80.8 million for the three months ended December 29, 2012 and December 31, 2011, respectively, which represented 13.2% and 13.7% of net revenues, respectively. There were no significant fluctuations in line items making up the selling, general and administrative expenses.

Selling, general and administrative expenses were relatively flat at $160.2 million and $163.3 million for the six months ended December 29, 2012 and December 31, 2011, respectively, which represented 13.0% and 13.3% of net revenues, respectively. There were no significant fluctuations in line items making up the selling, general and administrative expenses.

Impairment of Long-lived Assets

Impairment of long lived assets was $22.2 million and $24.9 million in the three and six months ended December 29, 2012, respectively. The impairment was primarily due to the transition to utilizing newer, more efficient manufacturing equipment.. The Company recorded a charge for the write-down of the equipment to its estimated fair value less estimated cost to sell.

Other Operating Expenses (Income), net

Other operating expenses, net were $1.7 million and $0.2 million during the three months ended December 29, 2012 and December 31, 2011, respectively. The net increase in expense was primarily driven by contingent consideration adjustments related to certain acquisitions. Contingent consideration is measured at fair value with valuation adjustments made as progress toward achieving milestones becomes determinable.

Other operating expenses (income), net were $2.1 million and $(4.2) million during the six months ended December 29, 2012 and December 31, 2011, respectively. The net increase in expense was primarily driven by contingent consideration adjustments related to certain acquisitions of $2.3 million in the six months ended December 29, 2012 and a reversal of payroll related tax reserves totaling approximately $4.6 million due to the lapsing of the statutes of limitations in the six months ended December 31, 2011.

Interest and Other (Expense) Income, net

Interest and other (expense) income, net were $(2.8) million and $2.4 million for the three months ended December 29, 2012 and December 31, 2011, respectively. This net increase in expense was primarily driven by an increase in foreign exchange losses of

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$2.8 million and a gain from sale of investments in privately-held companies of $1.8 million in the three months ended December 31, 2011, that did not recur in the three months ended December 29, 2012.

Interest and other expense, net were $8.5 million and $1.7 million for the six months ended December 29, 2012 and December 31, 2011, respectively. This net increase in expense was primarily driven by an increase in foreign exchange losses of $5.8 million and gain from sale of investments in privately-held companies of $1.8 million in the six months ended December 31, 2011, that did not recur in the six months ended December 29, 2012. This was partially offset by a decrease in interest expense.

Provision for Income Taxes

In the three and six months ended December 29, 2012, the Company recorded an income tax provision of $38.1 million and $69.9 million respectively, compared to an income tax provision of $28.8 million and $63.6 million in the three and six months ended December 31, 2011, respectively. 

The Company's federal statutory tax rate is 35%. The Company's income tax provision for the three and six months ended December 29, 2012 and December 31, 2011 was lower than the amount computed by applying the statutory tax rate primarily because the earnings of the foreign subsidiaries were taxed at lower rates. The Company's income tax provision for the three and six months ended December 29, 2012 included a $21.4 milliondiscretetax charge for research and development expenses of a foreign subsidiary for which no tax benefit is available.

On January 2, 2013, the President signed into law The American Taxpayer Relief Act of 2012, which extended the research tax credit for two years from January 1, 2012 to December 31, 2013.  As a result of the retroactive extension back to January 1, 2012, we expect to recognize a one-time benefit of $7.6 million for research tax credits earned in the fiscal year 2012 and first two quarters of fiscal year 2013. This benefit will be recognized in the third quarter of fiscal year 2013, which is the quarter in which the legislation that extended the research tax credit was enacted.

In fiscal year 2012 the U.S. Internal Revenue Service commenced an audit of the Company's federal corporate income tax returns for fiscal years 2009 through 2011, which is still ongoing.

BACKLOG

At December 29, 2012 and September 29, 2012, our current quarter backlog was approximately $353 million and $400 million, respectively. We include in backlog orders with customer request dates within the next three months. As is customary in the semiconductor industry, these orders may be canceled in most cases without penalty to customers. In addition, backlog includes orders from domestic distributors for which revenues are not recognized until the products are sold by the distributors. Accordingly, we believe that our backlog is not a reliable measure of future revenues. All backlog numbers have been adjusted for estimated future U.S. distribution ship and debit pricing adjustments.

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FINANCIAL CONDITION, LIQUIDITY AND CAPITAL RESOURCES

Financial condition

Cash flows were as follows:

	Six Months Ended
	December 29, 2012			December 31, 2011
	(in thousands)
Net cash provided by operating activities	$	391,842		$	370,129
Net cash used in investing activities	(108,346		)	(304,146		)
Net cash used in financing activities	(209,449		)	(287,364		)
Net increase (decrease) in cash and cash equivalents	$	74,047		$	(221,381	)

Operating activities

Cash provided by operating activities is net income adjusted for certain non-cash items and changes in certain assets and liabilities.

Cash from operations for the six months ended December 29, 2012 increased by approximately $21.7 million compared with the six months ended December 31, 2011. This was due to net increases in cash provided by other accrued liabilities and income tax payable of $71.0 million and impairment of used fabrication tools and test manufacturing equipment of $24.9 million. These increases were offset by decreases in deferred taxes, inventories and accounts payable of $76.9 million.

Investing activities

Investing cash flows consist primarily of capital expenditures, net investment purchases and maturities and acquisitions.

Cash used in investing activities decreased by $195.8 million for the six months ended December 29, 2012 compared with the six months ended December 31, 2011. The decrease was primarily due to decreases in cash used for acquisitions of $166.3 million relating to SensorDynamics and other fiscal year 2012 acquisitions.

Financing activities

Financing cash flows consist primarily of repurchases of common stock and payment of dividends to stockholders.

Net cash used in financing activities decreased by approximately $77.9 million for the six months ended December 29, 2012 compared with the six months ended December 31, 2011. The decrease was primarily due to lower repurchases of common stock of $45.6 million and higher proceeds received on exercise of stock options of $23.1 million due to higher average share price.

Liquidity and Capital Resources

Debt Levels

On June 17, 2010, we completed a public offering of $300 million aggregate principal amount of the Company's 3.45% senior unsecured and unsubordinated notes due on June 14, 2013. In addition, on July 18, 2011, we acquired certain fixed and floating rate notes in conjunction with our acquisition of SensorDynamics. (Please refer to Note 5: Financial Instruments to the Condensed Consolidated Financial Statements).

Outstanding debt is at $309 million as of December 29, 2012 and June 30, 2012, bearing weighted average interest rates of 3.43% and 3.45% for the six months ended December 29, 2012 and for the year ended June 30, 2012, respectively.

As of December 29, 2012, our available funds consisted of $1,030.3 million in cash, cash equivalents and short-term investments. We anticipate that the available funds and cash generated from operations will be sufficient to meet cash and working capital requirements, including the anticipated level of capital expenditures, common stock repurchases, debt repayments and dividend payments for at least the next twelve months.

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Off-Balance-Sheet Arrangements

As of December 29, 2012, the Company did not have any material off-balance-sheet arrangements, as defined in Item 303(a)(4)(ii) of SEC Regulation S-K.

ITEM 3: QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT MARKET RISK

The Company's market risk has not changed materially from the interest rate and foreign currency risks disclosed in Item 7A of the Company's Annual Report on Form 10-K for the fiscal year ended June 30, 2012.

The impact of inflation and changing prices on the Company's net revenues and on operating income during the six months ended December 29, 2012 and December 31, 2011 was not material.

ITEM 4: CONTROLS AND PROCEDURES

Evaluation of Disclosure Controls and Procedures

Our management, with the participation of our chief executive officer ("CEO") and our chief financial officer ("CFO"), evaluated the effectiveness of our disclosure controls and procedures as defined in Rules 13a-15(e) and 15d-15(e) of the Exchange Act as of December 29, 2012. Our management, including the CEO and the CFO, has concluded that the Company's disclosure controls and procedures were effective as of December 29, 2012. The purpose of these controls and procedures is to ensure that information required to be disclosed in the reports we file or submit under the Exchange Act is recorded, processed, summarized and reported within the time periods specified in the SEC's rules, and that such information is accumulated and communicated to our management, including our CEO and our CFO, to allow timely decisions regarding required disclosures.

Changes in Internal Control over Financial Reporting

There were no changes in our internal control over financial reporting (as defined in Rule 13a-15(f) of the Exchange Act) that occurred during the six months ended December 29, 2012 that materially affected, or are reasonably likely to materially affect, our internal control over financial reporting.

Inherent Limitations on the Effectiveness of Internal Controls

A system of internal control over financial reporting is intended to provide reasonable assurance regarding the reliability of financial reporting and the preparation of consolidated financial statements in accordance with GAAP and no control system, no matter how well designed and operated, can provide absolute assurance. The design of any control system is based in part upon certain assumptions about the likelihood of future events, and there can be no assurance that any design will succeed in achieving its stated goals under all potential future conditions. Because of its inherent limitations, internal control over financial reporting may not prevent or detect financial statement errors and misstatements. Also, projection of any evaluation of effectiveness to future periods is subject to the risk that controls may become inadequate because of changes in conditions or that the degree of compliance with the policies or procedures may deteriorate.

PART II. OTHER INFORMATION

ITEM 1: LEGAL PROCEEDINGS

The information set forth above under Part I, Item 1, Note 11 "Commitment and Contingencies" to the Condensed Consolidated Financial Statements is incorporated herein by reference.

ITEM 1A: RISK FACTORS

A description of risks associated with our business, financial condition and results of our operations is set forth in Item 1A - Risk Factors of our Annual Report on Form 10-K for the fiscal year ended June 30, 2012, which is incorporated herein by reference.

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ITEM 2: UNREGISTERED SALES OF EQUITY SECURITIES AND USE OF PROCEEDS

The following table summarizes the activity related to stock repurchases for the three months ended December 29, 2012:

	Issuer Repurchases of Equity Securities
	(in thousands, except per share amounts)
	Total Number of Shares Purchased	Average Price Paid per Share		Total Number of Shares Purchased as Part of Publicly Announced Plans or Programs	Approximate Dollar Value of Shares That May Yet Be Purchased Under the Plans or Programs
Sep. 30, 2012 - Oct. 27, 2012	740	$	27.07	740	$	466,023
Oct. 28, 2012 - Nov. 24, 2012	500	27.88		500	452,081
Nov. 25, 2012 - Dec. 29, 2012	566	29.08		566	435,620
Total for the quarter	1,806	$	27.93	1,806	$	435,620

In August 2011, the Company's Board of Directors authorized the Company to repurchase up to $750 million of the Company's common stock from time to time at the discretion of the Company's management. This stock repurchase authorization has no expiration date. All prior authorizations by the Company's Board of Directors for the repurchase of common stock were canceled and superseded by this authorization.

In the fiscal quarter ended December 29, 2012, the Company repurchased approximately 1.8 million shares of its common stock for approximately $50.4 million. As of December 29, 2012, the Company had remaining authorization to repurchase up to an additional $435.6 million of the Company's common stock. The number of shares to be repurchased and the timing of such repurchases will be based on several factors, including the price of the Company's common stock and general market and business conditions.

ITEM 3: DEFAULTS UPON SENIOR SECURITIES

Not applicable.

ITEM 4: MINE SAFETY DISCLOSURES

Not applicable.

ITEM 5: OTHER INFORMATION

Total Comprehensive Income

In June 2011, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update (“ASU”) No. 2011-05, Presentation of Comprehensive Income, which requires companies to present the components of net income and other comprehensive income either in a single continuous statement or in two separate but consecutive statements. ASU No. 2011-05 eliminates the option to present components of other comprehensive income as part of the statement of changes in stockholders' equity. ASU No. 2011-05 does not change the items which must be reported in other comprehensive income, how such items are measured or when they must be reclassified to net income. Additionally, ASU No. 2011-05 does not affect the calculation or reporting of earnings per share. ASU 2011-05 is effective for reporting periods beginning after December 15, 2011. In December 2011, the FASB issued ASU No. 2011-12, Comprehensive Income (Topic 220): Deferral of the Effective Date for Amendments to the Presentation of Reclassifications of Items Out of Accumulated Other Comprehensive Income in Accounting Standards Update No. 2011-05. ASU No. 2011-12 defers the changes in ASU No. 2011-05 that pertain to how, when and where reclassification adjustments are presented. The Company adopted these ASUs retrospectively effective September 29, 2012 and elected to present comprehensive income in a separate statement immediately following the condensed consolidated statements of income. The adoption had no effect on the Company's financial position, results of operations or cash flows. The impact of the adoption to previously issued consolidated financial statements is the presentation of the Comprehensive Income in a separate statement as follows:

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	Year Ended
	June 30, 2012			June 25, 2011			June 26, 2010
	(in thousands)
Net income	$	386,727		$	489,009		$	125,139
Other comprehensive income (loss), net of tax:
Unrealized gains (losses) on available-for-sale securities	(129		)	331			(1,346		)
Unrealized gains (losses) on cash flow hedges	(46		)	—			(150		)
Tax effect of the unrealized exchange gain (loss) on long-term intercompany receivables	1,612			(2,369		)	(1,893		)
Unrealized gains (losses) on post-retirement benefits	(2,603		)	(289		)	(896		)
Other comprehensive income (loss)	(1,166		)	(2,327		)	(4,285		)
Total comprehensive income	$	385,561		$	486,682		$	120,854

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ITEM 6: EXHIBITS

(a) Exhibits

31.1	Certification of Chief Executive Officer Pursuant to Rule 13a-14(a) and 15d-14(a) of the Securities Exchange Act
31.2	Certification of Chief Financial Officer Pursuant to Rule 13a-14(a) and 15d-14(a) of the Securities Exchange Act
32.1	Certification of Chief Executive Officer Pursuant to 18 U.S.C. Section 1350 *
32.2	Certification of Chief Financial Officer Pursuant to 18 U.S.C. Section 1350 *
101.INS	XBRL Instance Document
101.SCH	XBRL Taxonomy Extension Schema Document
101.CAL	XBRL Taxonomy Extension Calculation Linkbase Document
101.DEF	XBRL Taxonomy Extension Definition Linkbase Document
101.LAB	XBRL Taxonomy Extension Label Linkbase Document
101.PRE	XBRL Taxonomy Extension Presentation Linkbase Document

*This exhibit is being furnished rather than filed and shall not be deemed incorporated by reference into any filing, in accordance with Item 601 of Regulation S-K.

Attached as Exhibit 101 to this report are the following formatted in XBRL (Extensible Business Reporting Language): (i) Condensed Consolidated Statements of Income for the three and six months ended December 29, 2012, (ii) Condensed Consolidated Balance Sheets at December 29, 2012 and June 30, 2012, (iii) Condensed Consolidated Statement of Comprehensive Income for the three and six months ended December 29, 2012, (iv) Condensed Consolidated Statements of Cash Flows for the six months ended December 29, 2012 and (v) Notes to Condensed Consolidated Financial Statements.

In accordance with Rule 406T of Regulation S-T, the XBRL-related information in Exhibit 101 to this Quarterly Report on Form 10-Q is deemed not filed or part of a registration statement or prospectus for purposes of Sections 11 or 12 of the Securities Act, is deemed not filed for purposes of Section 18 of the Exchange Act, and otherwise is not subject to liability under these sections.

31

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.

January 25, 2013	MAXIM INTEGRATED PRODUCTS, INC.
	By:/s/ David A. Caron
	David A. Caron
	Vice President and Chief Accounting Officer
	(Chief Accounting Officer and Duly Authorized Officer)

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EX-31.1

Exhibit 31.1

CERTIFICATION

I, Tunc Doluca, certify that:

1. I have reviewed this quarterly report on Form 10-Q of Maxim Integrated Products, Inc.;

2. Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report;

3. Based on my knowledge, the financial statements, and other financial information included in this report, fairly present in all material respects the financial condition, results of operations and cash flows of the registrant as of, and for, the periods presented in this report;

4. The registrant's other certifying officers and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Exchange Act Rules 13a-15 (e) and 15d-15 (e)) and internal control over financial reporting (as defined in Exchange Act Rules 13a-15(f) and 15d-15(f))for the registrant and have:

a) Designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared;

b) Designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles;

c) Evaluated the effectiveness of the registrant's disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of the end of the period covered by this report based on such evaluation; and

d) Disclosed in this report any change in the registrant's internal control over financial reporting that occurred during the registrant's most recent fiscal quarter (the registrant's fourth fiscal quarter in the case of an annual report) that has materially affected, or is reasonably likely to materially affect, the registrant's internal control over financial reporting; and

5. The registrant's other certifying officer(s) and I have disclosed, based on our most recent evaluation of internal control over financial reporting, to the registrant's auditors and the audit committee of the registrant's board of directors (or persons performing the equivalent functions):

a) All significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the registrant's ability to record, process, summarize and report financial information; and

b) Any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant's internal control over financial reporting.

Date:	January 25, 2013	/s/ Tunc Doluca
		Tunc Doluca
		President and Chief Executive Officer

EX-31.2

Exhibit 31.2

CERTIFICATION

I, Bruce E Kiddoo, certify that:

1. I have reviewed this quarterly report on Form 10-Q of Maxim Integrated Products, Inc.;

2. Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report;

3. Based on my knowledge, the financial statements, and other financial information included in this report, fairly present in all material respects the financial condition, results of operations and cash flows of the registrant as of, and for, the periods presented in this report;

4. The registrant's other certifying officers and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Exchange Act Rules 13a-15 (e) and 15d-15 (e)) and internal control over financial reporting (as defined in Exchange Act Rules 13a-15(f) and 15d-15(f))for the registrant and have:

a) Designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared;

b) Designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles;

c) Evaluated the effectiveness of the registrant's disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of the end of the period covered by this report based on such evaluation; and

d) Disclosed in this report any change in the registrant's internal control over financial reporting that occurred during the registrant's most recent fiscal quarter (the registrant's fourth fiscal quarter in the case of an annual report) that has materially affected, or is reasonably likely to materially affect, the registrant's internal control over financial reporting; and

5. The registrant's other certifying officer(s) and I have disclosed, based on our most recent evaluation of internal control over financial reporting, to the registrant's auditors and the audit committee of the registrant's board of directors (or persons performing the equivalent functions):

a) All significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the registrant's ability to record, process, summarize and report financial information; and

b) Any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant's internal control over financial reporting.

Date:	January 25, 2013	/s/ Bruce E. Kiddoo
		Bruce E. Kiddoo
		Senior Vice President and Chief Financial Officer

EX-32.1

Exhibit 32.1

CERTIFICATE OF CHIEF EXECUTIVE OFFICER

In connection with the periodic report of Maxim Integrated Products, Inc. (the "Company") on Form 10-Q for the period ended December 29, 2012 as filed with the Securities and Exchange Commission (the "Report"), I, Tunc Doluca, Chief Executive Officer of the Company, hereby certify as of the date hereof, solely for purposes of Title 18, Chapter 63, Section 1350 of the United States Code, that to the best of my knowledge:

1. the Report fully complies with the requirements of Section 13(a) or 15(d), as applicable, of the Securities Exchange Act of 1934, and

2. the information contained in the Report fairly presents, in all material respects, the financial condition and results of operations of the Company at the dates and for the periods indicated.

This Certification has not been, and shall not be deemed, "filed" with the Securities and Exchange Commission.

Date: January 25, 2013

By:	/s/ Tunc Doluca
	Tunc Doluca President and Chief Executive Officer

This certification shall not be deemed to be incorporated by reference into any filing under the Securities Act of 1933, as amended or the Securities Exchange Act of 1934, as amended.

EX-32.2

Exhibit 32.2

CERTIFICATE OF CHIEF FINANCIAL OFFICER

In connection with the periodic report of Maxim Integrated Products, Inc. (the "Company") on Form 10-Q for the period ended December 29, 2012 as filed with the Securities and Exchange Commission (the "Report"), I, Bruce E. Kiddoo, Chief Financial Officer of the Company, hereby certify as of the date hereof, solely for purposes of Title 18, Chapter 63, Section 1350 of the United States Code, that to the best of my knowledge:

1. the Report fully complies with the requirements of Section 13(a) or 15(d), as applicable, of the Securities Exchange Act of 1934, and

2. the information contained in the Report fairly presents, in all material respects, the financial condition and results of operations of the Company at the dates and for the periods indicated.

This Certification has not been, and shall not be deemed, "filed" with the Securities and Exchange Commission.

Date: January 25, 2013

By:	/s/ Bruce E. Kiddoo
	Bruce E. Kiddoo Senior Vice President and Chief Financial Officer

This certification shall not be deemed to be incorporated by reference into any filing under the Securities Act of 1933, as amended or the Securities Exchange Act of 1934, as amended.

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Financial Instruments, Volume of Derivative Activity (Details) (USD $) In Thousands, unless otherwise specified	Dec. 29, 2012	Jun. 30, 2012
Derivative [Line Items]
Net U.S. Dollar notional amount of foreign currency forward contracts, by net currency purchase (sell)	$ 12,742	$ 6,192
Euro
Derivative [Line Items]
Net U.S. Dollar notional amount of foreign currency forward contracts, by net currency purchase (sell)	10,152	(10,686)
Japanese Yen
Derivative [Line Items]
Net U.S. Dollar notional amount of foreign currency forward contracts, by net currency purchase (sell)	(9,272)	(2,254)
British Pound
Derivative [Line Items]
Net U.S. Dollar notional amount of foreign currency forward contracts, by net currency purchase (sell)	(8,691)	(575)
Philippine Peso
Derivative [Line Items]
Net U.S. Dollar notional amount of foreign currency forward contracts, by net currency purchase (sell)	16,587	15,443
Thai Bhat
Derivative [Line Items]
Net U.S. Dollar notional amount of foreign currency forward contracts, by net currency purchase (sell)	$ 3,966	$ 4,264

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Goodwill and Intangible Assets, Intangible Assets (Details) (USD $) In Thousands, unless otherwise specified	3 Months Ended		6 Months Ended
	Dec. 29, 2012	Dec. 31, 2011	Dec. 29, 2012	Dec. 31, 2011	Jun. 30, 2012
Intangible Assets, Net (Excluding Goodwill) [Abstract]
Original Cost	$ 335,642		$ 335,642		$ 331,642
Accumulated Amortization	176,401		176,401		150,009
Net	159,241		159,241		181,633
IPR&D	23,280		23,280		27,280
Gross Intangible Assets	358,922		358,922		358,922
Total purchased intangible assets	182,521		182,521		208,913
Cost of goods sold	8,986	8,080	18,440	17,514
Intangible asset amortization	3,903	4,338	7,952	8,659
Total intangible asset amortization expenses	12,889	12,418	26,392	26,173
Future amortization expense [Abstract]
Remaining six months of 2013			24,597
2014			44,739
2015			41,536
2016			28,244
2017			18,233
2018			1,455
Thereafter			437
Total			159,241
Intellectual property [Member]
Finite and Indefinite Lived Intangible Assets [Line Items]
Amortizable intangible assets, useful life, minimum (in years)			5
Amortizable intangible assets, useful life, maximum (in years)			10
Intangible Assets, Net (Excluding Goodwill) [Abstract]
Original Cost	231,912		231,912		227,912
Accumulated Amortization	121,202		121,202		102,501
Net	110,710		110,710		125,411
Customer relationships [Member]
Finite and Indefinite Lived Intangible Assets [Line Items]
Amortizable intangible assets, useful life, minimum (in years)			3
Amortizable intangible assets, useful life, maximum (in years)			10
Intangible Assets, Net (Excluding Goodwill) [Abstract]
Original Cost	95,230		95,230		95,230
Accumulated Amortization	47,041		47,041		39,583
Net	48,189		48,189		55,647
Tradename [Member]
Finite and Indefinite Lived Intangible Assets [Line Items]
Amortizable intangible assets, useful life (in years)			3
Intangible Assets, Net (Excluding Goodwill) [Abstract]
Original Cost	2,100		2,100		2,100
Accumulated Amortization	1,758		1,758		1,525
Net	342		342		575
Backlog [Member]
Finite and Indefinite Lived Intangible Assets [Line Items]
Amortizable intangible assets, useful life (in years)			1
Intangible Assets, Net (Excluding Goodwill) [Abstract]
Original Cost	6,400		6,400		6,400
Accumulated Amortization	6,400		6,400		6,400
Net	0		0		0
In-Process Research and Development [Member]
Intangible Assets, Net (Excluding Goodwill) [Abstract]
IPR&D	$ 23,280		$ 23,280		$ 27,280

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Comprehensive Income (Details) (USD $) In Thousands, unless otherwise specified	Dec. 29, 2012	Jun. 30, 2012
Components of accumulated other comprehensive loss
Issuance of employee stock purchase plan	$ (8,017)	$ (6,469)
Unrealized loss on post-retirement benefits	(6,190)	(7,444)
Cumulative translation adjustment	(1,527)	(1,527)
Unrealized gain (loss) on cash flow hedges	187	(196)
Net unrealized gain on available-for-sale securities	100	202
Accumulated Other Comprehensive Loss	$ (15,447)	$ (15,434)

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Impairment of Long-Lived Assets (Details) (USD $)	3 Months Ended			6 Months Ended		12 Months Ended
	Dec. 29, 2012	Sep. 29, 2012	Dec. 31, 2011	Dec. 29, 2012	Dec. 31, 2011	Jun. 30, 2012
Asset Impairment Charges [Abstract]
Impairment of Long-Lived Assets to be Disposed of	$ 22,222,000	$ 2,700,000	$ 0	$ 24,929,000	$ 0	$ 22,400,000
Assets Held-for-sale, Long Lived [Abstract]
Assets Held-for-sale, Long Lived						$ 24,000,000

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Earnings Per Share (Details) (USD $) In Thousands, except Share data, unless otherwise specified	3 Months Ended		6 Months Ended
	Dec. 29, 2012	Dec. 31, 2011	Dec. 29, 2012	Dec. 31, 2011
Numerator for basic earnings per share and diluted earnings per share
Net income	$ 76,622	$ 88,130	$ 204,510	$ 221,576
Denominator for basic earnings per share	292,075,000	291,824,000	292,143,000	293,098,000
Effect of dilutive securities
Stock options, ESPP and RSUs	6,684,000	7,466,000	6,561,000	6,985,000
Denominator for diluted earnings per share	298,759,000	299,290,000	298,704,000	300,083,000
Earnings per share, Basic (per share)	$ 0.26	$ 0.3	$ 0.7	$ 0.76
Earnings per share, Diluted (per share)	$ 0.26	$ 0.29	$ 0.68	$ 0.74
Antidilutive securities excluded from computation of earnings per share	11,600,000	14,600,000	11,200,000	14,200,000

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Fair Value Measurements (Details) (USD $) In Thousands, unless otherwise specified					3 Months Ended
	Dec. 29, 2012	Jun. 30, 2012	Dec. 31, 2011	Jun. 25, 2011	Dec. 29, 2012 Fair Value, Measurements, Recurring [Member]	Jun. 30, 2012 Fair Value, Measurements, Recurring [Member]	Jun. 25, 2011 Fair Value, Measurements, Recurring [Member]	Dec. 29, 2012 Fair Value, Measurements, Recurring [Member] Estimate of Fair Value, Fair Value Disclosure [Member]	Jun. 30, 2012 Fair Value, Measurements, Recurring [Member] Estimate of Fair Value, Fair Value Disclosure [Member]	Dec. 29, 2012 Fair Value, Measurements, Recurring [Member] Fair Value Measurements Using Level 1 [Member]	Jun. 30, 2012 Fair Value, Measurements, Recurring [Member] Fair Value Measurements Using Level 1 [Member]	Dec. 29, 2012 Fair Value, Measurements, Recurring [Member] Fair Value Measurements Using Level 2 [Member]	Jun. 30, 2012 Fair Value, Measurements, Recurring [Member] Fair Value Measurements Using Level 2 [Member]	Dec. 29, 2012 Fair Value, Measurements, Recurring [Member] Fair Value Measurements Using Level 3 [Member]	Jun. 30, 2012 Fair Value, Measurements, Recurring [Member] Fair Value Measurements Using Level 3 [Member]	Dec. 29, 2012 Fair Value, Measurements, Nonrecurring [Member]	Jun. 30, 2012 Fair Value, Measurements, Nonrecurring [Member]	Dec. 29, 2012 Money market funds [Member] Fair Value, Measurements, Recurring [Member] Estimate of Fair Value, Fair Value Disclosure [Member]		Jun. 30, 2012 Money market funds [Member] Fair Value, Measurements, Recurring [Member] Estimate of Fair Value, Fair Value Disclosure [Member]		Dec. 29, 2012 Money market funds [Member] Fair Value, Measurements, Recurring [Member] Fair Value Measurements Using Level 1 [Member]		Jun. 30, 2012 Money market funds [Member] Fair Value, Measurements, Recurring [Member] Fair Value Measurements Using Level 1 [Member]		Dec. 29, 2012 Money market funds [Member] Fair Value, Measurements, Recurring [Member] Fair Value Measurements Using Level 2 [Member]		Jun. 30, 2012 Money market funds [Member] Fair Value, Measurements, Recurring [Member] Fair Value Measurements Using Level 2 [Member]		Dec. 29, 2012 Money market funds [Member] Fair Value, Measurements, Recurring [Member] Fair Value Measurements Using Level 3 [Member]		Jun. 30, 2012 Money market funds [Member] Fair Value, Measurements, Recurring [Member] Fair Value Measurements Using Level 3 [Member]		Dec. 29, 2012 Certificates of deposit [Member] Fair Value, Measurements, Recurring [Member] Estimate of Fair Value, Fair Value Disclosure [Member]		Jun. 30, 2012 Certificates of deposit [Member] Fair Value, Measurements, Recurring [Member] Estimate of Fair Value, Fair Value Disclosure [Member]		Dec. 29, 2012 Certificates of deposit [Member] Fair Value, Measurements, Recurring [Member] Fair Value Measurements Using Level 1 [Member]		Jun. 30, 2012 Certificates of deposit [Member] Fair Value, Measurements, Recurring [Member] Fair Value Measurements Using Level 1 [Member]		Dec. 29, 2012 Certificates of deposit [Member] Fair Value, Measurements, Recurring [Member] Fair Value Measurements Using Level 2 [Member]		Jun. 30, 2012 Certificates of deposit [Member] Fair Value, Measurements, Recurring [Member] Fair Value Measurements Using Level 2 [Member]		Dec. 29, 2012 Certificates of deposit [Member] Fair Value, Measurements, Recurring [Member] Fair Value Measurements Using Level 3 [Member]		Jun. 30, 2012 Certificates of deposit [Member] Fair Value, Measurements, Recurring [Member] Fair Value Measurements Using Level 3 [Member]		Dec. 29, 2012 Government agency securities [Member] Fair Value, Measurements, Recurring [Member] Estimate of Fair Value, Fair Value Disclosure [Member]		Jun. 30, 2012 Government agency securities [Member] Fair Value, Measurements, Recurring [Member] Estimate of Fair Value, Fair Value Disclosure [Member]		Dec. 29, 2012 Government agency securities [Member] Fair Value, Measurements, Recurring [Member] Fair Value Measurements Using Level 1 [Member]		Jun. 30, 2012 Government agency securities [Member] Fair Value, Measurements, Recurring [Member] Fair Value Measurements Using Level 1 [Member]		Dec. 29, 2012 Government agency securities [Member] Fair Value, Measurements, Recurring [Member] Fair Value Measurements Using Level 2 [Member]		Jun. 30, 2012 Government agency securities [Member] Fair Value, Measurements, Recurring [Member] Fair Value Measurements Using Level 2 [Member]		Dec. 29, 2012 Government agency securities [Member] Fair Value, Measurements, Recurring [Member] Fair Value Measurements Using Level 3 [Member]		Jun. 30, 2012 Government agency securities [Member] Fair Value, Measurements, Recurring [Member] Fair Value Measurements Using Level 3 [Member]		Dec. 29, 2012 Foreign currency forward contracts [Member] Fair Value, Measurements, Recurring [Member] Estimate of Fair Value, Fair Value Disclosure [Member]		Jun. 30, 2012 Foreign currency forward contracts [Member] Fair Value, Measurements, Recurring [Member] Estimate of Fair Value, Fair Value Disclosure [Member]		Dec. 29, 2012 Foreign currency forward contracts [Member] Fair Value, Measurements, Recurring [Member] Fair Value Measurements Using Level 1 [Member]		Jun. 30, 2012 Foreign currency forward contracts [Member] Fair Value, Measurements, Recurring [Member] Fair Value Measurements Using Level 1 [Member]		Dec. 29, 2012 Foreign currency forward contracts [Member] Fair Value, Measurements, Recurring [Member] Fair Value Measurements Using Level 2 [Member]		Jun. 30, 2012 Foreign currency forward contracts [Member] Fair Value, Measurements, Recurring [Member] Fair Value Measurements Using Level 2 [Member]		Dec. 29, 2012 Foreign currency forward contracts [Member] Fair Value, Measurements, Recurring [Member] Fair Value Measurements Using Level 3 [Member]		Jun. 30, 2012 Foreign currency forward contracts [Member] Fair Value, Measurements, Recurring [Member] Fair Value Measurements Using Level 3 [Member]		Dec. 29, 2012 Accrued Liabilities [Member] Fair Value, Measurements, Recurring [Member] Estimate of Fair Value, Fair Value Disclosure [Member]		Jun. 30, 2012 Accrued Liabilities [Member] Fair Value, Measurements, Recurring [Member] Estimate of Fair Value, Fair Value Disclosure [Member]		Dec. 29, 2012 Accrued Liabilities [Member] Fair Value, Measurements, Recurring [Member] Fair Value Measurements Using Level 1 [Member]		Jun. 30, 2012 Accrued Liabilities [Member] Fair Value, Measurements, Recurring [Member] Fair Value Measurements Using Level 1 [Member]		Dec. 29, 2012 Accrued Liabilities [Member] Fair Value, Measurements, Recurring [Member] Fair Value Measurements Using Level 2 [Member]		Jun. 30, 2012 Accrued Liabilities [Member] Fair Value, Measurements, Recurring [Member] Fair Value Measurements Using Level 2 [Member]		Dec. 29, 2012 Accrued Liabilities [Member] Fair Value, Measurements, Recurring [Member] Fair Value Measurements Using Level 3 [Member]		Jun. 30, 2012 Accrued Liabilities [Member] Fair Value, Measurements, Recurring [Member] Fair Value Measurements Using Level 3 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Cash and cash equivalents	$ 955,107	$ 881,060	$ 741,160	$ 962,541														$ 424,423	[1]	$ 602,462	[1]	$ 424,423	[1]	$ 602,462	[1]	$ 0	[1]	$ 0	[1]	$ 0	[1]	$ 0	[1]	$ 6,188	[1]	$ 6,182	[1]	$ 0	[1]	$ 0	[1]	$ 6,188	[1]	$ 6,182	[1]	$ 0	[1]	$ 0	[1]
Government agency securities	75,192	75,326																																																75,192	[2]	75,326	[2]	0	[2]	0	[2]	75,192	[2]	75,326	[2]	0	[2]	0	[2]
Foreign currency forward contracts																																																																		1,176	[3]	642	[3]	0	[3]	0	[3]	1,176	[3]	642	[3]	0	[3]	0	[3]
Total Assets								506,979	684,612	424,423	602,462	82,556	82,150	0	0
Foreign currency forward contracts																																																																		556	[4]	507	[4]	0	[4]	0	[4]	556	[4]	507	[4]	0	[4]	0	[4]
Business Acquisition, Contingent Consideration, at Fair Value, Current																																																																																		12,595	[4]	17,737	[4]	0	[4]	0	[4]	0	[4]	0	[4]	12,595	[4]	17,737	[4]
Total Liabilities								13,151	18,244	0	0	556	507	12,595	17,737
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset Value					12,595	17,737	8,800
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Sales					2,334	1,670
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Purchases					0	11,354
Business Acquisition, Contingent Consideration, Potential Cash Payment	16,900				(7,476)	(4,087)
Fair Value, Assets Measured on Recurring Basis, Change in Unrealized Gain (Loss) Included in Other Income					$ 2,334	$ 1,670

[1] Included in Cash and cash equivalents in the accompanying Condensed Consolidated Balance Sheets.

[2] Included in Short-term investments in the accompanying Condensed Consolidated Balance Sheets.

[3] Included in Other current assets in the accompanying Condensed Consolidated Balance Sheets.

[4] Included in Accrued expenses in the accompanying Condensed Consolidated Balance Sheets.

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Stock-Based Compensation (Tables)

6 Months Ended

Dec. 29, 2012

Disclosure of Compensation Related Costs, Share-based Payments [Abstract]

Schedule of Employee Service Share-based Compensation, Allocation of Recognized Period Costs [Table Text Block]

The following table shows total stock-based compensation expense by type of award, and the resulting tax effect, included in the Condensed Consolidated Statements of Income for the three and six months ended December 29, 2012 and December 31, 2011:

	Three Months Ended
	December 29, 2012								December 31, 2011
	Stock Options		Restricted Stock Units		Employee Stock Purchase Plan		Total		Stock Options		Restricted Stock Units		Employee Stock Purchase Plan		Total
	(in thousands)
Cost of goods sold	$	477	$	2,572	$	634	$	3,683	$	565	$	2,657	$	470	$	3,692
Research and development	2,288		8,401		1,451		12,140		2,440		9,207		1,262		12,909
Selling, general and administrative	1,286		5,152		584		7,022		1,704		4,778		391		6,873
Pre-tax stock-based compensation expense	$	4,051	$	16,125	$	2,669	$	22,845	4,709		$	16,642	$	2,123	$	23,474
Less: income tax effect							3,938								5,809
Net stock-based compensation expense							$	18,907							$	17,665

	Six Months Ended
	December 29, 2012								December 31, 2011
	Stock Options		Restricted Stock Units		Employee Stock Purchase Plan		Total		Stock Options		Restricted Stock Units		Employee Stock Purchase Plan		Total
	(in thousands)
Cost of goods sold	$	875	$	4,743	$	1,053	$	6,671	$	1,082	$	4,964	$	903	$	6,949
Research and development	4,117		17,611		2,735		24,463		4,495		19,165		2,510		26,170
Selling, general and administrative	2,841		10,271		1,096		14,208		3,132		9,903		785		13,820
Pre-tax stock-based compensation expense	$	7,833	$	32,625	$	4,884	$	45,342	$	8,709	$	34,032	$	4,198	$	46,939
Less: income tax effect							8,770								11,268
Net stock-based compensation expense							$	36,572							$	35,671

Schedule of Share-based Payment Award, Stock Options, Valuation Assumptions [Table Text Block]

The fair value of share-based awards granted to employees has been estimated at the date of grant using the Black-Scholes option valuation model and the following weighted-average assumptions:

	Stock Options
	Three Months Ended				Six Months Ended
	December 29, 2012		December 31, 2011		December 29, 2012		December 31, 2011
Expected holding period (in years)	5.1		5.1		5.4		5.1
Risk-free interest rate	0.7	%	1.0	%	0.7	%	1.3	%
Expected stock price volatility	37.6	%	38.0	%	37.8	%	38.0	%
Dividend yield	3.6	%	3.8	%	3.3	%	3.1	%

	ESPP
	Three Months Ended				Six Months Ended
	December 29, 2012		December 31, 2011		December 29, 2012		December 31, 2011
Expected holding period (in years)	0.5		0.5		0.5		0.5
Risk-free interest rate	0.1	%	0.1	%	0.1	%	0.1	%
Expected stock price volatility	26.1	%	32.2	%	26.1	%	32.2	%
Dividend yield	3.6	%	3.8	%	3.6	%	3.8	%

Schedule of Share-based Compensation Arrangement by Share-based Payment Award, Options, Vested and Expected to Vest, Outstanding [Table Text Block]

The following table summarizes outstanding, exercisable and vested and expected to vest stock options as of December 29, 2012 and their activity for the six months ended December 29, 2012:

	Number of Shares		Weighted Average Exercise Price		Weighted Average Remaining Contractual Term (in Years)	Aggregate Intrinsic Value (1)
Balance at June 30, 2012	24,234,994		$	25.20
Options Granted	2,656,716		27.30
Options Exercised	(2,316,931	)	16.58
Options Cancelled	(1,483,197	)	31.53
Balance at December 29, 2012	23,091,582		$	25.90	3.6	$	151,652,908
Exercisable, December 29, 2012	11,965,565		$	30.23	2.0	$	53,498,126
Vested and expected to vest, December 29, 2012	21,740,804		$	26.06	3.4	$	142,535,169

(1) Aggregate intrinsic value represents the difference between the exercise price and the closing price per share of the Company's common stock on December 28, 2012, the last business day preceding the fiscal quarter-end, multiplied by the number of options outstanding, exercisable or vested and expected to vest as of December 29, 2012.

Schedule of Share-based Compensation Arrangement by Share-based Payment Award, Restricted Stock Units, Vested and Expected to Vest [Table Text Block]

The following table summarizes outstanding and expected to vest RSUs as of December 29, 2012 and their activity during the six months ended December 29, 2012:

	Number of Shares		Weighted Average Remaining Contractual Term (in Years)	Aggregate Intrinsic Value (1)
Balance at June 30, 2012	8,923,454
Restricted stock units granted	2,612,007
Restricted stock units released	(1,615,135	)
Restricted stock units cancelled	(422,274	)
Balance at December 29, 2012	9,498,052		2.9	$	286,379,516
Outstanding and expected to vest, December 29, 2012	8,307,507		2.8	$	249,723,671

(1) Aggregate intrinsic value for RSUs represents the closing price per share of the Company's common stock on December 28, 2012, the last business day preceding the fiscal quarter-end, multiplied by the number of RSUs outstanding or expected to vest as of December 29, 2012.

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Income Taxes (Details) (USD $)	3 Months Ended		6 Months Ended
	Dec. 29, 2012	Dec. 31, 2011	Dec. 29, 2012	Dec. 31, 2011
Income Tax Disclosure [Abstract]
Provision for income taxes	$ 38,128,000	$ 28,754,000	$ 69,901,000	$ 63,588,000
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate	35.00%
Income Tax Reconciliation, Nondeductible Expense, Research and Development			21,400,000
Deferred Tax Assets, Tax Credit Carryforwards, Research	$ 7,600,000		$ 7,600,000

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Stock-Based Compensation, Fair Value of Options (Details) (USD $)	3 Months Ended		6 Months Ended
	Dec. 29, 2012	Dec. 31, 2011	Dec. 29, 2012	Dec. 31, 2011
Stock Option [Member]
Weighted-average Assumptions Used for Fair Value of Award Granted [Abstract]
Options granted, weighted average fair value of stock options (per share)	$ 6.59	$ 6.05	$ 6.26	$ 5.81
Stock options [Member]
Weighted-average Assumptions Used for Fair Value of Award Granted [Abstract]
Expected holding period (in years)	5.1	5.1	5.4	5.1
Risk-free interest rate	0.70%	1.00%	0.70%	1.30%
Expected stock price volatility	37.60%	38.00%	37.80%	38.00%
Dividend yield	3.60%	3.80%	3.30%	3.10%
Restricted stock units [Member]
Weighted-average Assumptions Used for Fair Value of Award Granted [Abstract]
Restricted stock units granted, weighted average grant date fair value (per share)	$ 26.82	$ 23.46	$ 24.67	$ 20.05
ESP Plan [Member]
Weighted-average Assumptions Used for Fair Value of Award Granted [Abstract]
Expected holding period (in years)	0.5	0.5	0.5	0.5
Risk-free interest rate	0.10%	0.10%	0.10%	0.10%
Expected stock price volatility	26.10%	32.20%	26.10%	32.20%
Dividend yield	3.60%	3.80%	3.60%	3.80%

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Financial Instruments, Changes in Accumulated Other Comprehensive Income (Loss) (Details) (USD $)	3 Months Ended		6 Months Ended		3 Months Ended	6 Months Ended
	Dec. 29, 2012	Dec. 31, 2011	Dec. 29, 2012	Dec. 31, 2011	Jun. 30, 2012 Derivatives designated as hedging instruments [Member]	Dec. 29, 2012 Derivatives designated as hedging instruments [Member]	Jun. 25, 2011 Derivatives designated as hedging instruments [Member]
Accumulated other comprehensive income (loss) related to derivative instruments
Beginning balance			$ (15,434,000)			$ 309,000	$ (234,000)
Loss reclassified to income					653,000	(584,000)
Amount recorded in other comprehensive loss	(202,000)	69,000	383,000	(256,000)	(110,000)	(21,000)
Ending balance	(15,447,000)		(15,447,000)		309,000	(296,000)	(234,000)
Estimated net accumulated other comprehensive loss, net of taxes, to be reclassified to earings in the next twelve months			$ 200,000

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Acquisitions (Details) (USD $)	6 Months Ended			12 Months Ended						12 Months Ended					12 Months Ended
	Dec. 29, 2012	Jun. 30, 2012		Jun. 30, 2012 Intellectual property [Member] years	Jun. 30, 2012 Customer relationships [Member] years	Jun. 30, 2012 Trademark [Member] years	Jun. 30, 2012 Sensor Dynamics [Member]		Jul. 18, 2011 Sensor Dynamics [Member]	Jun. 30, 2012 Sensor Dynamics [Member] Intellectual property [Member] years	Jun. 30, 2012 Sensor Dynamics [Member] Customer relationships [Member] years	Jun. 30, 2012 Sensor Dynamics [Member] Trademark [Member] years	Jun. 30, 2012 Other Acquisition [Member]		Jun. 30, 2012 Other Acquisition [Member] Intellectual property [Member] years	Jun. 30, 2012 Other Acquisition [Member] Customer relationships [Member] years	Jun. 30, 2012 Other Acquisition [Member] Trademark [Member] years	Jun. 30, 2012 Other Acquisitions [Member] acquisitions
Business Acquisition [Line Items]
business acquisiton, cash paid for contingent consideration1	$ 7,500,000
Business Acquisition, Contingent Consideration, Potential Cash Payment	16,900,000
Business Acquisition, Purchase Price Allocation [Abstract]
Tangible assets		19,851,000					18,692,000						1,159,000
Debt assumed		(29,078,000)					(29,078,000)						0
Other liabilities assumed		(42,288,000)					(37,559,000)						(4,729,000)
Net liabilities assumed		(51,515,000)					(47,945,000)						(3,570,000)
Amortizable intangible assets		38,740,000		31,740,000	6,600,000	400,000	20,900,000			16,400,000	4,100,000	400,000	17,840,000		15,340,000	2,500,000	0
In-process research and development (IPR&D)		19,600,000					19,600,000						0
Goodwill		168,986,000	[1]				130,594,000	[1]					38,392,000	[1]
Total purcahse price		175,811,000					123,149,000						52,662,000
Fair value of contingent consideration													11,400,000
Total cash consideration									$ 123,100,000				$ 41,300,000
Acquired finite-lived intangible asset, Weighted Average Useful Life (in Years)				8.1	5.5	3				7	7	3			9.2	3	0.0
Number of businesses acquired																		3

[1] Includes $11.4 million of contingent consideration relating to the other acquisitions discussed further below.

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Segment Information (Details) (USD $) In Thousands, unless otherwise specified	3 Months Ended		6 Months Ended
	Dec. 29, 2012	Dec. 31, 2011	Dec. 29, 2012	Dec. 31, 2011	Jun. 30, 2012
Segment Reporting Information [Line Items]
Revenues	$ 605,306	$ 591,359	$ 1,228,381	$ 1,227,361
Long-lived assets	1,359,014		1,359,014		1,353,606
United States [Member]
Segment Reporting Information [Line Items]
Revenues	62,860	74,512	121,981	151,441
Long-lived assets	1,028,384		1,028,384		957,982
China [Member]
Segment Reporting Information [Line Items]
Revenues	266,479	260,396	541,384	536,826
Japan [Member]
Segment Reporting Information [Line Items]
Revenues	35,171	37,327	70,987	74,234
Korea [Member]
Segment Reporting Information [Line Items]
Revenues	56,616	41,678	120,995	107,439
Rest of Asia [Member]
Segment Reporting Information [Line Items]
Revenues	102,075	88,318	203,686	168,632
Europe [Member]
Segment Reporting Information [Line Items]
Revenues	66,941	70,995	137,848	154,633
Rest of World [Member]
Segment Reporting Information [Line Items]
Revenues	15,164	18,133	31,500	34,156
Long-lived assets	48,833		48,833		48,635
Philippines [Member]
Segment Reporting Information [Line Items]
Long-lived assets	199,752		199,752		247,681
Thailand [Member]
Segment Reporting Information [Line Items]
Long-lived assets	$ 82,045		$ 82,045		$ 99,308

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Fair Value Measurements

6 Months Ended

Dec. 29, 2012

Fair Value Disclosures [Abstract]

Fair Value Measurements [Text Block]

FAIR VALUE MEASUREMENTS

The FASB established a fair value hierarchy that prioritizes the inputs to valuation techniques used to measure fair value. This hierarchy requires an entity to maximize the use of observable inputs and minimize the use of unobservable inputs when measuring fair value. Three levels of inputs that may be used to measure fair value are as follows:

Level 1 - Quoted (unadjusted) prices in active markets for identical assets or liabilities.

The Company's Level 1 assets consist of money market funds.

Level 2 - Observable inputs other than quoted prices included in Level 1, such as quoted prices for similar assets or liabilities in active markets, quoted prices for identical or similar assets or liabilities in markets that are not active, or other inputs that are observable or can be corroborated by observable market data for substantially the full term of the asset or liability.

The Company's Level 2 assets and liabilities consist of certificates of deposit, government agency securities and foreign currency forward contracts.

Level 3 - Unobservable inputs to the valuation methodology that are significant to the measurement of the fair value of the assets or liabilities.

The Company's Level 3 consist of contingent consideration liability related to certain acquisitions and assets held-for-sale and certain fixed assets impaired during the period.

Assets and liabilities measured at fair value on a recurring basis were as follows:

	As of December 29, 2012								As of June 30, 2012
	Fair Value								Fair Value
	Measurements Using						Total		Measurements Using						Total
	Level 1		Level 2		Level 3		Balance		Level 1		Level 2		Level 3		Balance
	(in thousands)
Assets
Money market funds (1)	$	424,423	$	—	$	—	$	424,423	$	602,462	$	—	$	—	$	602,462
Certificates of deposit (1)	—		6,188		—		6,188		—		6,182		—		6,182
Government agency securities (2)	—		75,192		—		75,192		—		75,326		—		75,326
Foreign currency forward contracts (3)	—		1,176		—		1,176		—		642		—		642
Total Assets	$	424,423	$	82,556	$	—	$	506,979	$	602,462	$	82,150	$	—	$	684,612
Liabilities
Foreign currency forward contracts (4)	$	—	$	556	$	—	$	556	$	—	$	507	$	—	$	507
Contingent Consideration (4)	—		—		12,595		12,595		—		—		17,737		17,737
Total Liabilities	$	—	$	556	$	12,595	$	13,151	$	—	$	507	$	17,737	$	18,244

(1) Included in Cash and cash equivalents in the accompanying Condensed Consolidated Balance Sheets.

(2) Included in Short-term investments in the accompanying Condensed Consolidated Balance Sheets.

(3) Included in Other current assets in the accompanying Condensed Consolidated Balance Sheets.

(4) Included in Accrued expenses in the accompanying Condensed Consolidated Balance Sheets.

The tables below present reconciliations for liabilities measured and recorded at fair value on a recurring basis using significant unobservable inputs (Level 3) for the six months ended December 29, 2012 and for the year ended June 30, 2012:

Fair Value Measured and Recorded Using Significant Unobservable Inputs (Level 3)
	December 29, 2012			June 30, 2012
Contingent Consideration	(in thousands)
Beginning balance	$	17,737		$	8,800
Total gains or losses (realized and unrealized):
Included in earnings	2,334			1,670
Additions	—			11,354
Payments	(7,476		)	(4,087		)
Ending balance	$	12,595		$	17,737
Changes in unrealized losses (gains) included in earnings related to liabilities still held as of period end	$	2,334		$	1,670

The valuation of contingent consideration is based on a probability weighted earnouts model which relies primarily on estimates of milestone achievements and discount rates applicable for the period expected payout. The most significant unobservable input used in the determination of estimated fair value of contingent consideration is the estimates on the likelihood of milestone achievements, which directly correlates to the fair value recognized in the Condensed Consolidated Balance Sheets.

The fair value of this liability is estimated quarterly by management based on inputs received from the Company's engineering and finance personnel. The determination of the milestone achievement is performed by the Company's engineering department and reviewed by the accounting department. Potential valuation adjustments are made as the progress toward achieving milestones becomes determinable, with the impact of such adjustments being recorded through Other operating expenses (income), net. 

During the six months ended December 29, 2012 and the year ended June 30, 2012, there were no transfers in or out of Level 3 from other levels in the fair value hierarchy.

Assets measured at fair value on a non-recurring basis were as follows:

As of December 29, 2012, long-lived assets including primarily used fabrication tools and test equipment were written down to their fair value, less cost to sell, of $3.0 million, resulting in an impairment loss of $22.2 million, which was included in earnings for the period. The impairment charge was measured using Level 3 inputs. The Company reached its conclusion regarding the asset impairment after conducting an evaluation of asset fair values. The fair value was determined mainly after consideration of evidence such as broker quotes, and current market and asset conditions. Please refer to Note 15: "Impairment of long-lived assets" of these Notes to Condensed Consolidated Financial Statements.

As of June 30, 2012, long-lived assets comprised of buildings held for sale were written down to their fair value, less cost to sell, of $19.7 million, resulting in an impairment loss of $22.4 million, which was included in earnings for the period. The impairment charge was measured using Level 3 inputs. The Company reached its conclusion regarding the asset impairment after conducting an evaluation of assets fair values. The fair value of the land and buildings was determined mainly after consideration of evidence such as appraisals and offers received. Please refer to Note 15: "Impairment of long-lived assets" of these Notes to Condensed Consolidated Financial Statements.

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Stock-Based Compensation, Stock Option Plans (Details) (USD $)	3 Months Ended			6 Months Ended
	Dec. 29, 2012 years		Dec. 31, 2011	Dec. 29, 2012 years		Dec. 31, 2011
Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding [Roll Forward]
Options outstanding, beginning				24,234,994
Options Granted				2,656,716
Options Exercised				(2,316,931)
Options Cancelled				(1,483,197)
Options outstanding, ending	23,091,582			23,091,582
Options outstanding, weighted average exercise price, beginning (per share)				$ 25.20
Options granted, weighted average exercise price (per share)	$ 27.3			$ 27.3
Options exercised, weighted average exercise price (per share)	$ 16.58			$ 16.58
Options cancelled, weighted average exercise price (per share)				$ 31.53
Options outstanding, weighted average exercise price, ending (per share)	$ 25.90			$ 25.90
Options outstanding, weighted average remaining contractual term (in years)	3.6			3.6
Options outstanding, aggregate intrinsic value	$ 151,652,908	[1]		$ 151,652,908	[1]
Options exercisable, number of shares	11,965,565			11,965,565
Options exercisable, weighted average exercise price (per share)	$ 30.23			$ 30.23
Options exercisable, weighted average remaining contractual term (in years)				2
Options exercisable, aggregate intrinsic value	53,498,126	[1]		53,498,126	[1]
Options vested and expected to vest, number of shares	21,740,804			21,740,804
Options vested and expected to vest, weighted average exercise price (per share)	$ 26.06			$ 26.06
Options vested and expected to vest, weighted average remaining contractual term (in years)				3.4
Options vested and expected to vest, aggregate intrinsic value	142,535,169	[1]		142,535,169	[1]
Allocated Share-based Compensation Expense, Net of Tax	18,907,000		17,665,000	36,572,000		35,671,000
Stock options [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding [Roll Forward]
Unrecognized compensation costs related to unvested stock options	$ 38,176,000			$ 38,176,000
Unvested stock options	11,126,000			11,126,000
Weighted average period of recognition for unrecognized compensation costs (in years)	3

[1] (1)Aggregate intrinsic value represents the difference between the exercise price and the closing price per share of the Company's common stock on December 28, 2012, the last business day preceding the fiscal quarter-end, multiplied by the number of options outstanding, exercisable or vested and expected to vest as of December 29, 2012.

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Acquisitions (Tables)

6 Months Ended

Dec. 29, 2012

Acquisition [Abstract]

Schedule of Purchase Price Allocation [Table Text Block]

Aggregate purchase price allocation for acquisitions made by Maxim Integrated during fiscal year 2012:

	SensorDynamics			Other acquisitions			Total
				(in thousands)
Tangible assets	$	18,692		$	1,159		$	19,851
Debt assumed	(29,078		)	—			(29,078		)
Other liabilities assumed	(37,559		)	(4,729		)	(42,288		)
Net liabilities assumed	(47,945		)	(3,570		)	(51,515		)
Amortizable intangible assets	20,900			17,840			38,740
In-process research and development ("IPR&D")	19,600			—			19,600
Goodwill (1)	130,594			38,392			168,986
Total purchase price	$	123,149		$	52,662		$	175,811

(1) Includes $11.4 million of contingent consideration relating to the other acquisitions discussed further below.

Schedule of Finite-Lived Intangible Assets Acquired as Part of Business Combination [Table Text Block]

The following table presents details of the Company's intangible assets acquired through business combinations completed during fiscal year 2012 (in thousands, except years):

	Intellectual Property			Customer Relationships			Tradename			Total
	Weighted Average Useful Life (in Years)	Amount		Weighted Average Useful Life (in Years)	Amount		Weighted Average Useful Life (in Years)	Amount
SensorDynamics	7.0	$	16,400	7.0	$	4,100	3.0	$	400	$	20,900
Other acquisitions	9.2	15,340		3.0	2,500		—	—		17,840
Total		$	31,740		$	6,600		$	400	$	38,740
Weighted Average (in Years)	8.1			5.5			3.0

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Comprehensive Income (Tables)

6 Months Ended

Dec. 29, 2012

Statement of Income and Comprehensive Income [Abstract]

Schedule of Accumulated Other Comprehensive Income (Loss) [Table Text Block]

The components of Accumulated Other Comprehensive Loss were as follows:

	December 29, 2012			June 30, 2012
	(in thousands)
Tax effect of the unrealized exchange loss on long-term intercompany receivables	$	(8,017	)	$	(6,469	)
Unrealized loss on post-retirement benefits	(6,190		)	(7,444		)
Cumulative translation adjustment	(1,527		)	(1,527		)
Unrealized gain (loss) on cash flow hedges	187			(196		)
Unrealized gain on available-for-sale securities	100			202
Accumulated Other Comprehensive Loss	$	(15,447	)	$	(15,434	)

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Stock-Based Compensation, Restricted Stock Units (Details) (Restricted stock units [Member], USD $)	3 Months Ended		6 Months Ended
	Dec. 29, 2012 years		Dec. 29, 2012
Restricted stock units [Member]
Outstanding and expected to vest RSUs [Roll Forward]
Restricted stock units outstanding, beginning			8,923,454
Restricted stock units granted			2,612,007
Restricted stock units released			(1,615,135)
Restricted stock units cancelled			(422,274)
Restricted stock units outstanding, ending	9,498,052		9,498,052
Restricted stock units outstanding, weighted average remaining contractual term (in years)	2.9
Restricted stock units outstanding, aggregate intrinsic value	$ 286,379,516	[1]	$ 286,379,516	[1]
Restricted stock units expected to vest, number of shares	8,307,507		8,307,507
Restricted stock units expected to vest, weighted average remaining contractual term (in years)	2.8
Restricted stock units expected to vest, aggregate intrinsic value	249,723,671	[1]	249,723,671	[1]
Value of restricted stock unit shares withheld for withholding tax	6,539,000		13,647,000
Unrecognized compensation costs related to unvested RSUs	$ 139,719,000		$ 139,719,000
Share Based Compensation Arrangement by Share Based Payment Award, Options, Nonvested, Number	9,527,000		9,527,000
Weighted average period of recognition for unrecognized compensation costs (in years)	2.9

[1] (1)Aggregate intrinsic value for RSUs represents the closing price per share of the Company's common stock on December 28, 2012, the last business day preceding the fiscal quarter-end, multiplied by the number of RSUs outstanding or expected to vest as of December 29, 2012.

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Goodwill and Intangible Assets (Tables)

6 Months Ended

Dec. 29, 2012

Goodwill and Intangible Assets Disclosure [Abstract]

Schedule of goodwill [Table Text Block]

Activity and goodwill balances for the six months ended December 29, 2012 were as follows:

	Goodwill
	(in thousands)
Balance at June 30, 2012	$	423,073
Adjustments	(990		)
Balance at December 29, 2012	$	422,083

Useful lives of definite lived intangible assets [Table Text Block]

The useful lives of amortizable intangible assets are as follows:

Asset	Life
Intellectual Property	5-10 years
Customer Relationships	3-10 years
Tradename	3 years
Backlog	1 year

Schedule of intangible assets [Table Text Block]

Intangible assets consisted of the following:

	December 29, 2012						June 30, 2012
	Original Cost		Accumulated Amortization		Net		Original Cost		Accumulated Amortization		Net
	(in thousands)
Intellectual property	$	231,912	$	121,202	$	110,710	$	227,912	$	102,501	$	125,411
Customer relationships	95,230		47,041		48,189		95,230		39,583		55,647
Backlog	6,400		6,400		—		6,400		6,400		—
Tradename	2,100		1,758		342		2,100		1,525		575
Total amortizable purchased intangible assets	335,642		176,401		159,241		331,642		150,009		181,633
IPR&D	23,280		—		23,280		27,280		—		27,280
Total purchased intangible assets	$	358,922	$	176,401	$	182,521	$	358,922	$	150,009	$	208,913

Schedule of amortization expense allocation of intangible assets [Table Text Block]

The following table presents the amortization expense of intangible assets and its presentation in the Condensed Consolidated Statements of Income:

	Three Months Ended				Six Months Ended
	December 29, 2012		December 31, 2011		December 29, 2012		December 31, 2011
	(in thousands)
Cost of goods sold	$	8,986	$	8,080	$	18,440	$	17,514
Intangible asset amortization	3,903		4,338		7,952		8,659
Total intangible asset amortization expenses	$	12,889	$	12,418	$	26,392	$	26,173

Estimated future amortization expense of intangible assets [Table Text Block]

The following table represents the estimated future amortization expense of intangible assets as of December 29, 2012:

Fiscal Year	Amount
	(in thousands)
Remaining six months of 2013	$	24,597
2014	44,739
2015	41,536
2016	28,244
2017	18,233
2018	1,455
Thereafter	437
Total intangible assets	$	159,241

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Basis of Presentation (Details)	6 Months Ended
	Dec. 29, 2012
Basis of Presentation [Abstract]
Fiscal year duration range	52-to-53-week
Frequency of 53-week fiscal year	fifth or sixth year
Number of weeks in current fiscal year	P52W

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Balance Sheet Components

6 Months Ended

Dec. 29, 2012

Balance Sheet Related Disclosures [Abstract]

Balance Sheet Components [Text Block]

BALANCE SHEET COMPONENTS

Accounts receivables, net consist of:

	December 29, 2012			June 30, 2012
Accounts Receivables:	(in thousands)
Accounts receivable	$	277,287		$	329,990
Returns and allowances	(12,742		)	(12,529		)
	$	264,545		$	317,461

Inventories consist of:

	December 29, 2012		June 30, 2012
Inventories:	(in thousands)
Raw materials	$	12,580	$	11,922
Work-in-process	166,571		149,603
Finished goods	78,539		80,637
	$	257,690	$	242,162

Property, plant and equipment, net consist of:

	December 29, 2012			June 30, 2012
Property, plant and equipment:	(in thousands)
Land	$	62,093		$	65,007
Buildings and building improvements	357,759			348,727
Machinery and equipment	2,040,072			2,105,905
	2,459,924			2,519,639
Less: accumulated depreciation and amortization	(1,100,910		)	(1,166,033		)
	$	1,359,014		$	1,353,606

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Balance Sheet Components (Details) (USD $) In Thousands, unless otherwise specified	Dec. 29, 2012	Jun. 30, 2012
Accounts Receivables:
Accounts receivable	$ 277,287	$ 329,990
Returns and allowances	(12,742)	(12,529)
Accounts receivable, net	264,545	317,461
Inventories:
Raw materials	12,580	11,922
Work-in-process	166,571	149,603
Finished goods	78,539	80,637
Inventory, net	257,690	242,162
Property, plant and equipment:
Land	62,093	65,007
Buildings and building improvements	357,759	348,727
Machinery and equipment	2,040,072	2,105,905
Property, plant and equipment, gross	2,459,924	2,519,639
Less: accumulated depreciation and amortization	(1,100,910)	(1,166,033)
Property, plant and equipment, net	$ 1,359,014	$ 1,353,606

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Financial Instruments, Long-term Debt (Details) (USD $)	3 Months Ended		6 Months Ended					6 Months Ended		6 Months Ended		6 Months Ended		3 Months Ended
	Dec. 29, 2012	Dec. 31, 2011	Dec. 29, 2012	Dec. 31, 2011	Jun. 30, 2012	Dec. 29, 2012 3.45% fixed rate notes due June 2013 [Member]	Jun. 30, 2012 3.45% fixed rate notes due June 2013 [Member]	Dec. 29, 2012 Term fixed rate notes (2.0% 2.5%) due March 2013 to September 2015 [Member]	Jun. 30, 2012 Term fixed rate notes (2.0% 2.5%) due March 2013 to September 2015 [Member]	Dec. 29, 2012 Amortizing fixed rate notes (1.5%-2.75%) due up to June 2014 [Member]	Jun. 30, 2012 Amortizing fixed rate notes (1.5%-2.75%) due up to June 2014 [Member]	Dec. 29, 2012 Amortizing floating rate notes (EURIBOR plus 1.5%) due up to June 2014 [Member]	Jun. 30, 2012 Amortizing floating rate notes (EURIBOR plus 1.5%) due up to June 2014 [Member]	Dec. 29, 2012 Unsecured Revolving Credit Facility [Member] Financing [Member]	Oct. 13, 2011 Unsecured Revolving Credit Facility [Member] Financing [Member]
Debt Instrument [Line Items]
Long-term debt	$ 308,791,000		$ 308,791,000		$ 309,088,000	$ 300,000,000	$ 300,000,000	$ 6,497,000	$ 6,285,000	$ 682,000	$ 1,127,000	$ 1,612,000	$ 1,676,000
Long-term debt, current portion	(304,794,000)		(304,794,000)		(303,496,000)
Long-term debt, excluding current portion	3,997,000		3,997,000		5,592,000
Stated interest rate of the notes						3.45%
Minimum stated interest rate of notes								2.00%		1.50%
Maximum stated interest rate of notes								2.50%		2.75%
Floating rate notes, rate basis												EURIBOR
Floating rate notes, EURIBOR plus												1.50%
Effective interest rate of the Notes						3.49%
Interest expense relating to the Notes	2,600,000	2,800,000	5,200,000	5,400,000
Estimated fair value of long-term debt	313,000,000		313,000,000
Unsecured revolving credit facility															$ 250,000,000
Debt covenant requirement, debt to EBITDA ratio														3
Debt Instrument, Convenant Requirement, minimum interest coverage ratio														3.5

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Goodwill and Intangible Assets, Goodwill (Details) (USD $) In Thousands, unless otherwise specified	6 Months Ended
	Dec. 29, 2012
Goodwill [Roll Forward]
Balance at June 30, 2012	$ 423,073
Adjustments	(990)
Balance at December 29, 2012	$ 422,083

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Condensed Consolidated Balance Sheets (USD $) In Thousands, unless otherwise specified	Dec. 29, 2012	Jun. 30, 2012
Current assets:
Cash and cash equivalents	$ 955,107	$ 881,060
Short-term Investments	75,192	75,326
Total cash, cash equivalents and short-term investments	1,030,299	956,386
Accounts receivable, net	264,545	317,461
Inventories	257,690	242,162
Deferred tax assets	80,991	98,180
Other current assets	90,470	85,177
Total current assets	1,723,995	1,699,366
Property, plant and equipment, net	1,359,014	1,353,606
Intangible assets, net	182,521	208,913
Goodwill	422,083	423,073
Other assets	50,940	52,988
TOTAL ASSETS	3,738,553	3,737,946
Current liabilities:
Accounts payable	110,495	147,086
Income taxes payable	22,146	22,589
Accrued salary and related expenses	152,122	191,846
Accrued expenses	58,900	64,092
Long-term Debt, Current Maturities	304,794	303,496
Deferred income on shipments to distributors	25,362	26,280
Total current liabilities	673,819	755,389
Long term debt	3,997	5,592
Income taxes payable	260,770	212,389
Deferred tax liabilities	192,434	198,502
Other liabilities	26,321	27,797
Total liabilities	1,157,341	1,199,669
Commitments and contingencies (Note 11)
Stockholders' equity:
Common stock and capital in excess of par value	7,040	293
Retained earnings	2,589,619	2,553,418
Accumulated other comprehensive loss	(15,447)	(15,434)
Total stockholders' equity	2,581,212	2,538,277
TOTAL LIABILITIES & STOCKHOLDERS' EQUITY	$ 3,738,553	$ 3,737,946

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Stock-Based Compensation, Employee Stock Purchase Plan (Details) (ESP Plan [Member], USD $) In Thousands, unless otherwise specified	Dec. 29, 2012
ESP Plan [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Unrecognized compensation expense	$ 9,012,000

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Basis of Presentation

6 Months Ended

Dec. 29, 2012

Basis of Presentation [Abstract]

Basis of Presentation [Text Block]

BASIS OF PRESENTATION

The accompanying unaudited condensed interim consolidated financial statements of Maxim Integrated Products, Inc. and all of its majority-owned subsidiaries (collectively, the "Company" or "Maxim Integrated") included herein have been prepared by the Company pursuant to the rules and regulations of the Securities and Exchange Commission (the "SEC"). Certain information and footnote disclosures normally included in consolidated financial statements prepared in accordance with generally accepted accounting principles of the United States of America ("GAAP") have been condensed or omitted pursuant to applicable rules and regulations. In the opinion of management, all adjustments considered necessary for fair presentation have been included. The year-end condensed consolidated balance sheet data were derived from audited consolidated financial statements but do not include all disclosures required by GAAP. The results of operations for the six months ended December 29, 2012 are not necessarily indicative of the results to be expected for the entire year. These condensed consolidated interim financial statements should be read in conjunction with the consolidated financial statements and the notes thereto included in the Annual Report on Form 10-K for the fiscal year ended June 30, 2012.

The Company has a 52-to-53-week fiscal year that ends on the last Saturday in June. Accordingly, every fifth or sixth fiscal year will be a 53-week fiscal year. Fiscal year 2013 is a 52-week fiscal year and fiscal year 2012 was a 53-week fiscal year.

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Financial Instruments, Short-term Investments (Details) (USD $) In Thousands, unless otherwise specified			6 Months Ended
	Dec. 29, 2012	Jun. 30, 2012	Dec. 29, 2012 Short-Term Investment [Member]	Dec. 29, 2012 Government agency securities [Member]	Jun. 30, 2012 Government agency securities [Member]
Available-for-sale Securities [Abstract]
Amortized Cost	$ 75,034	$ 75,007		$ 75,034	$ 75,007
Gross Unrealized Gain	158	319		158	319
Gross Unrealized Loss	0	0		0	0
Estimated Fair Value	75,192	75,326		75,192	75,326
Impairment charges on short-term investments			$ 0

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Balance Sheet Components (Tables)

6 Months Ended

Dec. 29, 2012

Balance Sheet Related Disclosures [Abstract]

Schedule of Accounts, Notes, Loans and Financing Receivable [Table Text Block]

Accounts receivables, net consist of:

	December 29, 2012			June 30, 2012
Accounts Receivables:	(in thousands)
Accounts receivable	$	277,287		$	329,990
Returns and allowances	(12,742		)	(12,529		)
	$	264,545		$	317,461

Schedule of Inventory, Current [Table Text Block]

Inventories consist of:

	December 29, 2012		June 30, 2012
Inventories:	(in thousands)
Raw materials	$	12,580	$	11,922
Work-in-process	166,571		149,603
Finished goods	78,539		80,637
	$	257,690	$	242,162

Property, Plant and Equipment [Table Text Block]

Property, plant and equipment, net consist of:

	December 29, 2012			June 30, 2012
Property, plant and equipment:	(in thousands)
Land	$	62,093		$	65,007
Buildings and building improvements	357,759			348,727
Machinery and equipment	2,040,072			2,105,905
	2,459,924			2,519,639
Less: accumulated depreciation and amortization	(1,100,910		)	(1,166,033		)
	$	1,359,014		$	1,353,606

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Financial Instruments, Balance Sheet Location (Details) (USD $) In Thousands, unless otherwise specified	Dec. 29, 2012		Jun. 30, 2012
Derivatives, Fair Value [Line Items]
Notional Amount of Foreign Currency Derivatives	$ 12,742		$ 6,192
Notional amount of total derivatives	86,361	[1]	73,060	[1]
Other Current Assets [Member]
Derivatives, Fair Value [Line Items]
Derivative assets	1,176		642
Accrued Expenses [Member]
Derivatives, Fair Value [Line Items]
Derivative liabilities	556		507
Derivatives designated as hedging instruments [Member] | Cash Flow Hedging [Member]
Derivatives, Fair Value [Line Items]
Notional Amount of Foreign Currency Derivatives	45,703	[1]	37,955	[1]
Derivatives designated as hedging instruments [Member] | Cash Flow Hedging [Member] | Other Current Assets [Member]
Derivatives, Fair Value [Line Items]
Foreign exchange contracts, derivative assets	810		150
Derivatives designated as hedging instruments [Member] | Cash Flow Hedging [Member] | Accrued Expenses [Member]
Derivatives, Fair Value [Line Items]
Foreign exchange contracts, derivative liabilities	515		459
Derivatives not designated as hedging instruments [Member]
Derivatives, Fair Value [Line Items]
Notional Amount of Foreign Currency Derivatives	40,658	[1]	35,105	[1]
Derivatives not designated as hedging instruments [Member] | Other Current Assets [Member]
Derivatives, Fair Value [Line Items]
Foreign exchange contracts, derivative assets	366		492
Derivatives not designated as hedging instruments [Member] | Accrued Expenses [Member]
Derivatives, Fair Value [Line Items]
Foreign exchange contracts, derivative liabilities	$ 41		$ 48

[1] Represents the face amounts of contracts that were outstanding as of December 29, 2012 and June 30, 2012,

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Financial Instruments (Tables)

6 Months Ended

Dec. 29, 2012

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Available-for-sale investments [Table Text Block]

Fair values were as follows:

	December 29, 2012								June 30, 2012
	Amortized Cost		Gross Unrealized Gain		Gross Unrealized Loss		Estimated Fair Value		Amortized Cost		Gross Unrealized Gain		Gross Unrealized Loss		Estimated Fair Value
	(in thousands)
Available-for-sale investments
Government agency securities	$	75,034	$	158	$	—	$	75,192	$	75,007	$	319	$	—	$	75,326
Total available-for-sale investments	$	75,034	$	158	$	—	$	75,192	$	75,007	$	319	$	—	$	75,326

Schedule of derivative financial instruments in the Condensed Consolidated Balance Sheets [Table Text Block]

The gross notional and the recorded fair value of derivative financial instruments in the Condensed Consolidated Balance Sheets were as follows:

	As of December 29, 2012						As of June 30, 2012
	Gross Notional(1)		Other Current Assets		Accrued Expenses		Gross Notional (1)		Other Current Assets		Accrued Expenses
	(in thousands)
Derivatives designated as hedging instruments
Cash flow hedges:
Foreign exchange contracts	$	45,703	$	810	$	515	$	37,955	$	150	$	459
Derivatives not designated as hedging instruments
Foreign exchange contracts	40,658		366		41		35,105		492		48
Total derivatives	$	86,361	$	1,176	$	556	$	73,060	$	642	$	507

(1) Represents the face amounts of contracts that were outstanding as of December 29, 2012 and June 30, 2012,

Changes in accumulated other comprehensive income (loss) related to derivative instruments [Table Text Block]

The following table provides the balances and changes in the accumulated other comprehensive loss (income) related to derivative instruments during the six months ended December 29, 2012 and the year ended June 30, 2012.

	December 29, 2012			June 30, 2012
	(in thousands)
Beginning balance	$	309		$	(234	)
Gain (loss) reclassified to income	(584		)	653
Loss (gain) recorded in other comprehensive loss	(21		)	(110		)
Ending balance	$	(296	)	$	309

Before-tax effect of cash flow derivative instruments [Table Text Block]

The before-tax effect of cash flow derivative instruments for the three and six months ended December 29, 2012 and December 31, 2011 was as follows:

	Loss (Gain) Reclassified from Accumulated OCI into Income (Effective portion)
		Three Months Ended						Six Months Ended
	Location	December 29, 2012			December 31, 2011			December 29, 2012			December 31, 2011
		(in thousands)
Cash Flow hedges:
Foreign exchange contracts	Net revenues	$	147		$	(3	)	$	122		$	(245	)
Foreign exchange contracts	Cost of goods sold	(443		)	(322		)	(10		)	(127		)
Foreign exchange contracts	Operating expenses	(293		)	(225		)	(696		)	(225		)
Total cash flow hedges		$	(589	)	$	(550	)	$	(584	)	$	(597	)

Before-tax effect of derivative instruments not designated as hedging instruments on Condensed Consolidated Statements of Income [Table Text Block]

The before-tax effect of derivative instruments not designated as hedging instruments on the Condensed Consolidated Statements of Income for the three and six months ended December 29, 2012 and December 31, 2011 was as follows:

	Gain (Loss) Recognized in Income on Derivative Instrument
		Three Months Ended				Six Months Ended
	Location	December 29, 2012		December 31, 2011		December 29, 2012			December 31, 2011
		(in thousands)
Foreign exchange contracts	Interest and other income (expense), net	$	904	$	645	$	(792	)	$	979
Total		$	904	$	645	$	(792	)	$	979

Total net U.S. Dollar notional amountsfor foreign currency forward contracts [Text Block]

Total net U.S. Dollar notional amounts for foreign currency forward contracts, presented by net currency purchase (sale), are as follows:

In United States Dollars	December 29, 2012			June 30, 2012
	(in thousands)
Euro	$	10,152		$	(10,686	)
Japanese Yen	(9,272		)	(2,254		)
British Pound	(8,691		)	(575		)
Philippine Peso	16,587			15,443
Thai Baht	3,966			4,264
Total	$	12,742		$	6,192

Schedule of long-term debt [Table Text Block]

The following table summarizes the Company's long-term debt:

	December 29, 2012			June 30, 2012
	(in thousands)
3.45% fixed rate notes due June 2013	$	300,000		$	300,000
SensorDynamics Debt (Denominated in Euro)
Term fixed rate notes (2.0%-2.5%) due March 2013 to September 2015	6,497			6,285
Amortizing fixed rate notes (1.5%-2.75%) due up to June 2014	682			1,127
Amortizing floating rate notes (EURIBOR plus 1.5%) due up to June 2014	1,612			1,676
Total	308,791			309,088
Less: Current portion	(304,794		)	(303,496		)
Total long-term debt	$	3,997		$	5,592

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Recently Issued Accounting Pronouncements

6 Months Ended

Dec. 29, 2012

Recently Issued Accounting Pronouncements [Abstract]

Recently Issued Accounting Pronouncements [Text Block]

RECENTLY ADOPTED ACCOUNTING PRONOUNCEMENTS

In the first quarter of fiscal year 2013, the Company adopted Accounting Standards Update No. 2011-05, Comprehensive Income (Topic 220)-Presentation of Comprehensive Income and Accounting Standards Update No. 2011-12, Comprehensive Income (Topic 220)-Deferral of the Effective Date for Amendments to the Presentation of Reclassifications of Items Out of Accumulated Other Comprehensive Income in Accounting Standards Update No. 2011-05. The adoption of these amended standards impacted the presentation of other comprehensive income, as the Company elected to present two separate but consecutive statements, but did not impact our financial position or results of operations.

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Condensed Consolidated Statements of Income (USD $) In Thousands, except Per Share data, unless otherwise specified	3 Months Ended		6 Months Ended
	Dec. 29, 2012	Dec. 31, 2011	Dec. 29, 2012	Dec. 31, 2011
Income Statement [Abstract]
Net revenues	$ 605,306	$ 591,359	$ 1,228,381	$ 1,227,361
Cost of goods sold	241,931	243,399	479,315	483,928
Gross margin	363,375	347,960	749,066	743,433
Operating expenses:
Research and development	135,742	142,084	268,672	282,297
Selling, general and administrative	80,058	80,826	160,245	163,282
Intangible asset amortization	3,903	4,338	7,952	8,659
Impairment of long-lived assets	22,222	0	24,929	0
Severance and restructuring expenses	2,236	6,047	2,236	6,539
Other operating (income) expenses, net	1,666	155	2,081	(4,234)
Total operating expenses	245,827	233,450	466,115	456,543
Operating income	117,548	114,510	282,951	286,890
Interest and other expense, net	(2,798)	2,374	(8,540)	(1,726)
Income before provision for income taxes	114,750	116,884	274,411	285,164
Provision for income taxes	38,128	28,754	69,901	63,588
Net income	$ 76,622	$ 88,130	$ 204,510	$ 221,576
Earnings per share:
Basic (per share)	$ 0.26	$ 0.3	$ 0.7	$ 0.76
Diluted (per share)	$ 0.26	$ 0.29	$ 0.68	$ 0.74
Shares used in the calculation of earnings per share:
Basic (in shares)	292,075	291,824	292,143	293,098
Diluted (in shares)	298,759	299,290	298,704	300,083
Dividends paid per share	$ 0.24	$ 0.22	$ 0.48	$ 0.44

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Common Stock Repurchases

6 Months Ended

Dec. 29, 2012

Common Stock Repurchases [Abstract]

Common Stock Repurchases [Text Block]

COMMON STOCK REPURCHASES

In August 2011, the Board of Directors authorized the Company to repurchase up to $750 million of the Company's common stock from time to time at the discretion of the Company's management. This stock repurchase authorization has no expiration date. All prior authorizations by the Company's Board of Directors for the repurchase of common stock were canceled and superseded by this authorization.

During the six months ended December 29, 2012, the Company repurchased approximately 4.3 million shares of its common stock for $115.6 million. As of December 29, 2012, the Company had remaining authorization to repurchase up to an additional $435.6 million of the Company's common stock. The number of shares to be repurchased and the timing of such repurchases will be based on several factors, including the price of the Company's common stock and general market and business conditions.

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Document and Entity Information	6 Months Ended
	Dec. 29, 2012	Jan. 18, 2013
DEI [Abstract]
Entity Registrant Name	MAXIM INTEGRATED PRODUCTS INC
Entity Central Index Key	0000743316
Trading Symbol	MXIM
Document Type	10-Q
Amendment Flag	false
Document Period End Date	Dec. 29, 2012
Document Fiscal Year Focus	2013
Document Fiscal Period Focus	Q2
Current Fiscal Year End Date	--06-29
Entity Filer Category	Large Accelerated Filer
Entity Common Stock, Shares Outstanding		292,478,140

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Acquisitions

6 Months Ended

Dec. 29, 2012

Acquisition [Abstract]

Acquisitions [Text Block]

ACQUISITIONS

Acquisitions completed through second quarter of fiscal year 2013

Maxim has not completed any acquisitions in the six months ended December 29, 2012; however, Maxim paid $7.5 million in contingent consideration relating to certain prior years acquisitions in the six months ended December 29, 2012. Total contingent consideration that could still be paid out under these acquisitions amounts to $16.9 million.

Acquisitions completed during fiscal year 2012

The purchase price allocation for acquisitions completed in fiscal year 2012 is set forth in the table below, including work performed by third-party valuation specialists.

Pro forma results of operations for these acquisitions have not been presented because they are not material to Maxim Integrated's condensed consolidated income, either individually or in the aggregate. Revenue and earnings per share for the acquired businesses since the date of acquisition through December 29, 2012 were not provided as they are not material. Goodwill, which represents the excess of the purchase price over the net tangible and intangible assets acquired, is not expected to be deductible for tax purposes. Acquisition costs for fiscal year 2012 were not material.

Aggregate purchase price allocation for acquisitions made by Maxim Integrated during fiscal year 2012:

	SensorDynamics			Other acquisitions			Total
				(in thousands)
Tangible assets	$	18,692		$	1,159		$	19,851
Debt assumed	(29,078		)	—			(29,078		)
Other liabilities assumed	(37,559		)	(4,729		)	(42,288		)
Net liabilities assumed	(47,945		)	(3,570		)	(51,515		)
Amortizable intangible assets	20,900			17,840			38,740
In-process research and development ("IPR&D")	19,600			—			19,600
Goodwill (1)	130,594			38,392			168,986
Total purchase price	$	123,149		$	52,662		$	175,811

(1) Includes $11.4 million of contingent consideration relating to the other acquisitions discussed further below.

The following table presents details of the Company's intangible assets acquired through business combinations completed during fiscal year 2012 (in thousands, except years):

	Intellectual Property			Customer Relationships			Tradename			Total
	Weighted Average Useful Life (in Years)	Amount		Weighted Average Useful Life (in Years)	Amount		Weighted Average Useful Life (in Years)	Amount
SensorDynamics	7.0	$	16,400	7.0	$	4,100	3.0	$	400	$	20,900
Other acquisitions	9.2	15,340		3.0	2,500		—	—		17,840
Total		$	31,740		$	6,600		$	400	$	38,740
Weighted Average (in Years)	8.1			5.5			3.0

SENSORDYNAMICS

On July 18, 2011, the Company acquired SensorDynamics, a semiconductor company that develops proprietary sensor and microelectromechanical solutions. SensorDynamics is based in Lebring, near Graz, Austria. The purpose of the acquisition was to allow Maxim Integrated to combine sensors with analog products. The total cash consideration associated with the acquisition was approximately $123.1 million.

OTHER ACQUISITIONS

The Company acquired three other companies during fiscal year 2012, which included a company that develops low power high performance analog circuits. The total cash consideration paid in these three acquisitions was approximately $41.3 million. Maxim Integrated also recorded $11.4 million, representing the fair value of contingent consideration that would be payable in the future should certain specified project milestones be met. The contingent consideration was calculated based on probabilities that were developed regarding the likelihood that the product development milestones would be met and when the contingent payments would occur. Based on these factors, a probability weighted earnout amount was calculated and discounted (at the cost of debt) to present value.

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Condensed Consolidated Statements of Comprehensive Income (USD $) In Thousands, unless otherwise specified	3 Months Ended		6 Months Ended
	Dec. 29, 2012	Dec. 31, 2011	Dec. 29, 2012	Dec. 31, 2011
Statements of Income and Comprehensive Income [Abstract]
Net income	$ 76,622	$ 88,130	$ 204,510	$ 221,576
Unrealized gains (losses) on available-for-sale securities, net of tax benefit (expense)	(67)	(33)	(102)	(80)
Unrealized gains (losses) on cash flow hedges, net of tax benefit (expense)	(202)	69	383	(256)
Tax effect of the unrealized exchange gain (loss) on long-term intercompany receivables	(466)	1,246	(1,548)	1,489
Unrealized gains (losses) on post-retirement benefits, net of tax benefit (expense)	203	62	1,254	123
Other Comprehensive Income (Loss), Net of Tax	(532)	1,344	(13)	1,276
Comprehensive Income (Loss), Net of Tax, Attributable to Parent	$ 76,090	$ 89,474	$ 204,497	$ 222,852

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Earnings Per Share

6 Months Ended

Dec. 29, 2012

Earnings Per Share [Abstract]

Earnings Per Share [Text Block]

EARNINGS PER SHARE

Basic earnings per share are computed using the weighted average number of shares of common stock outstanding during the period. For purposes of computing basic earnings per share, the weighted average number of outstanding shares of common stock excludes unvested RSUs. Diluted earnings per share incorporates the incremental shares issuable upon the assumed exercise of stock options, assumed release of unvested RSUs and assumed issuance of common stock under the employee stock purchase plans using the treasury stock method.

The following table sets forth the computation of basic and diluted earnings per share.

	Three Months Ended				Six Months Ended
	December 29, 2012		December 31, 2011		December 29, 2012		December 31, 2011
	(in thousands, except per share data)
Numerator for basic earnings per share and diluted earnings per share
Net income	$	76,622	$	88,130	$	204,510	$	221,576
Denominator for basic earnings per share	292,075		291,824		292,143		293,098
Effect of dilutive securities:
Stock options, ESPP and RSUs	6,684		7,466		6,561		6,985
Denominator for diluted earnings per share	298,759		299,290		298,704		300,083
Earnings per share
Basic	$	0.26	$	0.30	$	0.70	$	0.76
Diluted	$	0.26	$	0.29	$	0.68	$	0.74

Approximately 11.6 million and 14.6 million stock options were excluded from the calculation of diluted earnings per share for the three months ended December 29, 2012 and December 31, 2011, respectively. Approximately 11.2 million and 14.2 million stock options were excluded from the calculation of diluted earnings per share for the six months ended December 29, 2012 and December 31, 2011, respectively. These options were excluded because they were determined to be antidilutive. However, such options could be dilutive in the future and, under those circumstances, would be included in the calculation of diluted earnings per share.

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Stock-Based Compensation

6 Months Ended

Dec. 29, 2012

Disclosure of Compensation Related Costs, Share-based Payments [Abstract]

Stock-Based Compensation [Text Block]

STOCK-BASED COMPENSATION

The following table shows total stock-based compensation expense by type of award, and the resulting tax effect, included in the Condensed Consolidated Statements of Income for the three and six months ended December 29, 2012 and December 31, 2011:

	Three Months Ended
	December 29, 2012								December 31, 2011
	Stock Options		Restricted Stock Units		Employee Stock Purchase Plan		Total		Stock Options		Restricted Stock Units		Employee Stock Purchase Plan		Total
	(in thousands)
Cost of goods sold	$	477	$	2,572	$	634	$	3,683	$	565	$	2,657	$	470	$	3,692
Research and development	2,288		8,401		1,451		12,140		2,440		9,207		1,262		12,909
Selling, general and administrative	1,286		5,152		584		7,022		1,704		4,778		391		6,873
Pre-tax stock-based compensation expense	$	4,051	$	16,125	$	2,669	$	22,845	4,709		$	16,642	$	2,123	$	23,474
Less: income tax effect							3,938								5,809
Net stock-based compensation expense							$	18,907							$	17,665

	Six Months Ended
	December 29, 2012								December 31, 2011
	Stock Options		Restricted Stock Units		Employee Stock Purchase Plan		Total		Stock Options		Restricted Stock Units		Employee Stock Purchase Plan		Total
	(in thousands)
Cost of goods sold	$	875	$	4,743	$	1,053	$	6,671	$	1,082	$	4,964	$	903	$	6,949
Research and development	4,117		17,611		2,735		24,463		4,495		19,165		2,510		26,170
Selling, general and administrative	2,841		10,271		1,096		14,208		3,132		9,903		785		13,820
Pre-tax stock-based compensation expense	$	7,833	$	32,625	$	4,884	$	45,342	$	8,709	$	34,032	$	4,198	$	46,939
Less: income tax effect							8,770								11,268
Net stock-based compensation expense							$	36,572							$	35,671

Fair Value

The fair value of options granted to employees under the Company's Amended and Restated 1996 Stock Incentive Plan and rights to acquire common stock under the Company's 2008 Employee Stock Purchase Plan (the "ESPP") is estimated on the date of grant using the Black-Scholes option valuation model. The fair value of Restricted Stock Units ("RSUs") is estimated using the value of the Company's common stock on the date of grant, reduced by the present value of dividends expected to be paid on the Company's common stock prior to vesting.

Expected volatilities are based on the historical volatilities from the Company's traded common stock over a period equal to the expected term. The Company is utilizing the simplified method to estimate expected holding periods. The risk-free interest rate is based on the U.S. Treasury yield. The Company determines the dividend yield by dividing the annualized dividends per share by the prior quarter's average stock price. The result is analyzed by the Company to decide whether it represents expected future dividend yield. The Company also estimates forfeitures at the time of grant and makes revisions to forfeitures on a quarterly basis.

The fair value of share-based awards granted to employees has been estimated at the date of grant using the Black-Scholes option valuation model and the following weighted-average assumptions:

	Stock Options
	Three Months Ended				Six Months Ended
	December 29, 2012		December 31, 2011		December 29, 2012		December 31, 2011
Expected holding period (in years)	5.1		5.1		5.4		5.1
Risk-free interest rate	0.7	%	1.0	%	0.7	%	1.3	%
Expected stock price volatility	37.6	%	38.0	%	37.8	%	38.0	%
Dividend yield	3.6	%	3.8	%	3.3	%	3.1	%

	ESPP
	Three Months Ended				Six Months Ended
	December 29, 2012		December 31, 2011		December 29, 2012		December 31, 2011
Expected holding period (in years)	0.5		0.5		0.5		0.5
Risk-free interest rate	0.1	%	0.1	%	0.1	%	0.1	%
Expected stock price volatility	26.1	%	32.2	%	26.1	%	32.2	%
Dividend yield	3.6	%	3.8	%	3.6	%	3.8	%

The weighted-average fair value of stock options granted was $6.59 and $6.05 per share for the three months ended December 29, 2012 and December 31, 2011, respectively. The weighted-average fair value of RSUs granted was $26.82 and $23.46 per share for the three months ended December 29, 2012 and December 31, 2011, respectively.

The weighted-average fair value of stock options granted was $6.26 and $5.81 per share for the six months ended December 29, 2012 and December 31, 2011, respectively. The weighted-average fair value of RSUs granted was $24.67 and $20.05 per share for the six months ended December 29, 2012 and December 31, 2011, respectively.

Stock Options

The following table summarizes outstanding, exercisable and vested and expected to vest stock options as of December 29, 2012 and their activity for the six months ended December 29, 2012:

	Number of Shares		Weighted Average Exercise Price		Weighted Average Remaining Contractual Term (in Years)	Aggregate Intrinsic Value (1)
Balance at June 30, 2012	24,234,994		$	25.20
Options Granted	2,656,716		27.30
Options Exercised	(2,316,931	)	16.58
Options Cancelled	(1,483,197	)	31.53
Balance at December 29, 2012	23,091,582		$	25.90	3.6	$	151,652,908
Exercisable, December 29, 2012	11,965,565		$	30.23	2.0	$	53,498,126
Vested and expected to vest, December 29, 2012	21,740,804		$	26.06	3.4	$	142,535,169

(1) Aggregate intrinsic value represents the difference between the exercise price and the closing price per share of the Company's common stock on December 28, 2012, the last business day preceding the fiscal quarter-end, multiplied by the number of options outstanding, exercisable or vested and expected to vest as of December 29, 2012.

As of December 29, 2012, there was $38.2 million of total unrecognized stock compensation cost related to 11.1 million unvested stock options, which is expected to be recognized over a weighted average period of approximately 3.0 years.

Restricted Stock Units

The following table summarizes outstanding and expected to vest RSUs as of December 29, 2012 and their activity during the six months ended December 29, 2012:

	Number of Shares		Weighted Average Remaining Contractual Term (in Years)	Aggregate Intrinsic Value (1)
Balance at June 30, 2012	8,923,454
Restricted stock units granted	2,612,007
Restricted stock units released	(1,615,135	)
Restricted stock units cancelled	(422,274	)
Balance at December 29, 2012	9,498,052		2.9	$	286,379,516
Outstanding and expected to vest, December 29, 2012	8,307,507		2.8	$	249,723,671

(1) Aggregate intrinsic value for RSUs represents the closing price per share of the Company's common stock on December 28, 2012, the last business day preceding the fiscal quarter-end, multiplied by the number of RSUs outstanding or expected to vest as of December 29, 2012.

The Company withheld shares totaling $6.5 million and $13.6 million in value as a result of employee withholding taxes based on the value of the RSUs on their vesting date for the three and six months ended December 29, 2012, respectively. The total payments for the employees' tax obligations to the taxing authorities are reflected as financing activities within the Condensed Consolidated Statements of Cash Flows.

As of December 29, 2012, there was $139.7 million of unrecognized compensation expense related to 9.5 million unvested RSUs, which is expected to be recognized over a weighted average period of approximately 2.9 years.

Employee Stock Purchase Plan

As of December 29, 2012, there was $9.0 million of unrecognized compensation expense related to the ESPP.

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Fair Value Measurements (Tables)

6 Months Ended

Dec. 29, 2012

Fair Value Disclosures [Abstract]

Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis [Table Text Block]

Assets and liabilities measured at fair value on a recurring basis were as follows:

	As of December 29, 2012								As of June 30, 2012
	Fair Value								Fair Value
	Measurements Using						Total		Measurements Using						Total
	Level 1		Level 2		Level 3		Balance		Level 1		Level 2		Level 3		Balance
	(in thousands)
Assets
Money market funds (1)	$	424,423	$	—	$	—	$	424,423	$	602,462	$	—	$	—	$	602,462
Certificates of deposit (1)	—		6,188		—		6,188		—		6,182		—		6,182
Government agency securities (2)	—		75,192		—		75,192		—		75,326		—		75,326
Foreign currency forward contracts (3)	—		1,176		—		1,176		—		642		—		642
Total Assets	$	424,423	$	82,556	$	—	$	506,979	$	602,462	$	82,150	$	—	$	684,612
Liabilities
Foreign currency forward contracts (4)	$	—	$	556	$	—	$	556	$	—	$	507	$	—	$	507
Contingent Consideration (4)	—		—		12,595		12,595		—		—		17,737		17,737
Total Liabilities	$	—	$	556	$	12,595	$	13,151	$	—	$	507	$	17,737	$	18,244

(1) Included in Cash and cash equivalents in the accompanying Condensed Consolidated Balance Sheets.

(2) Included in Short-term investments in the accompanying Condensed Consolidated Balance Sheets.

(3) Included in Other current assets in the accompanying Condensed Consolidated Balance Sheets.

(4) Included in Accrued expenses in the accompanying Condensed Consolidated Balance Sheets.

Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Table Text Block]

The tables below present reconciliations for liabilities measured and recorded at fair value on a recurring basis using significant unobservable inputs (Level 3) for the six months ended December 29, 2012 and for the year ended June 30, 2012:

Fair Value Measured and Recorded Using Significant Unobservable Inputs (Level 3)
	December 29, 2012			June 30, 2012
Contingent Consideration	(in thousands)
Beginning balance	$	17,737		$	8,800
Total gains or losses (realized and unrealized):
Included in earnings	2,334			1,670
Additions	—			11,354
Payments	(7,476		)	(4,087		)
Ending balance	$	12,595		$	17,737
Changes in unrealized losses (gains) included in earnings related to liabilities still held as of period end	$	2,334		$	1,670

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Goodwill and Intangible Assets

6 Months Ended

Dec. 29, 2012

Goodwill and Intangible Assets Disclosure [Abstract]

Goodwill and Intangible Assets [Text Block]

GOODWILL AND INTANGIBLE ASSETS

Goodwill

The Company monitors the recoverability of goodwill recorded in connection with acquisitions, by reporting unit, annually, or more often if events or changes in circumstances indicate that the carrying amount may not be recoverable. The Company performed the annual impairment analysis during the first quarter of fiscal year 2013 and concluded that goodwill was not impaired, as the fair value of each reporting unit exceeded its carrying value, including goodwill.

Activity and goodwill balances for the six months ended December 29, 2012 were as follows:

	Goodwill
	(in thousands)
Balance at June 30, 2012	$	423,073
Adjustments	(990		)
Balance at December 29, 2012	$	422,083

Intangible Assets

The useful lives of amortizable intangible assets are as follows:

Asset	Life
Intellectual Property	5-10 years
Customer Relationships	3-10 years
Tradename	3 years
Backlog	1 year

Intangible assets consisted of the following:

	December 29, 2012						June 30, 2012
	Original Cost		Accumulated Amortization		Net		Original Cost		Accumulated Amortization		Net
	(in thousands)
Intellectual property	$	231,912	$	121,202	$	110,710	$	227,912	$	102,501	$	125,411
Customer relationships	95,230		47,041		48,189		95,230		39,583		55,647
Backlog	6,400		6,400		—		6,400		6,400		—
Tradename	2,100		1,758		342		2,100		1,525		575
Total amortizable purchased intangible assets	335,642		176,401		159,241		331,642		150,009		181,633
IPR&D	23,280		—		23,280		27,280		—		27,280
Total purchased intangible assets	$	358,922	$	176,401	$	182,521	$	358,922	$	150,009	$	208,913

The following table presents the amortization expense of intangible assets and its presentation in the Condensed Consolidated Statements of Income:

	Three Months Ended				Six Months Ended
	December 29, 2012		December 31, 2011		December 29, 2012		December 31, 2011
	(in thousands)
Cost of goods sold	$	8,986	$	8,080	$	18,440	$	17,514
Intangible asset amortization	3,903		4,338		7,952		8,659
Total intangible asset amortization expenses	$	12,889	$	12,418	$	26,392	$	26,173

The following table represents the estimated future amortization expense of intangible assets as of December 29, 2012:

Fiscal Year	Amount
	(in thousands)
Remaining six months of 2013	$	24,597
2014	44,739
2015	41,536
2016	28,244
2017	18,233
2018	1,455
Thereafter	437
Total intangible assets	$	159,241

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Income Taxes

6 Months Ended

Dec. 29, 2012

Income Tax Disclosure [Abstract]

Income Taxes [Text Block]

INCOME TAXES

In the three and six months ended December 29, 2012, the Company recorded an income tax provision of $38.1 million and $69.9 million, respectively, compared to an income tax provision of $28.8 million and $63.6 million in the three and six months ended December 31, 2011, respectively. 

The Company's federal statutory tax rate is 35%. The Company's income tax provision for the three and six months ended December 29, 2012 and December 31, 2011 was lower than the amount computed by applying the statutory tax rate primarily because the earnings of the foreign subsidiaries were taxed at lower rates. The Company's income tax provision for the three and six months ended December 29, 2012 included a $21.4 milliondiscretetax charge for research and development expenses of a foreign subsidiary for which no tax benefit is available.

On January 2, 2013, the President signed into law The American Taxpayer Relief Act of 2012, which extended the research tax credit for two years from January 1, 2012 to December 31, 2013.  As a result of the retroactive extension back to January 1, 2012, we expect to recognize a one-time benefit of $7.6 million for research tax credits earned in the fiscal year 2012 and first two quarters of fiscal year 2013. This benefit will be recognized in the third quarter of fiscal year 2013, which is the quarter in which the legislation that extended the research tax credit was enacted.

In fiscal year 2012 the U.S. Internal Revenue Service commenced an audit of the Company's federal corporate income tax returns for fiscal years 2009 through 2011, which is still ongoing.

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Segment Information

6 Months Ended

Dec. 29, 2012

Segment Reporting [Abstract]

Segment Information [Text Block]

SEGMENT INFORMATION

The Company operates and tracks its results in one reportable segment. The Company designs, develops, manufactures and markets a broad range of linear and mixed signal integrated circuits. The Chief Executive Officer has been identified as the Chief Operating Decision Maker as defined by ASC No. 280, Disclosures about Segments Reporting ("ASC 280").

The Company has three operating segments which aggregate into one reportable segment. Under ASC 280, two or more operating segments may be aggregated into a single operating segment for financial reporting purposes if aggregation is consistent with the objective and basic principles of ASC 280, if the segments have similar economic characteristics, and if the segments are similar in each of the following areas:

• the nature of products and services;

• the nature of the production processes;

• the type or class of customer for their products and services; and

• the methods used to distribute their products or provide their services.

The Company meets each of the aggregation criteria for the following reasons:

• the sale of analog and mixed signal integrated circuits is the primary source of revenue for each of the Company's three operating segments;

• the integrated circuits sold by each of the Company's operating segments are manufactured using similar semiconductor manufacturing processes;

• the integrated circuits marketed by each of the Company's operating segments are sold to the same types of customers; and

• all of the Company's integrated circuits are sold through a centralized sales force and common wholesale distributors.

All of the Company's operating segments share similar long term financial performance as they have similar economic characteristics. The causes for variation among the Company's operating segments are the same and include factors such as (i) life cycle and price and cost fluctuations, (ii) number of competitors, (iii) product differentiation and (iv) size of market opportunity. Additionally, each operating segment is subject to the overall cyclical nature of the semiconductor industry. The number and composition of employees and the amounts and types of tools and materials required are similar for each operating segment. Finally, even though the Company periodically reorganizes the Company's operating segments based upon changes in customers, end-markets or products, acquisitions, long-term growth strategies, and the experience and bandwidth of the senior executives in charge, the common financial goals for each operating segment remain constant.

Enterprise-wide information is provided in accordance with ASC 280. Geographical revenue information is based on customers' ship-to location. Long-lived assets consist of property, plant and equipment. Property, plant and equipment information is based on the physical location of the assets at the end of each fiscal year.

Net revenues from unaffiliated customers by geographic region were as follows:

	Three Months Ended				Six Months Ended
	December 29, 2012		December 31, 2011		December 29, 2012		December 31, 2011
	(in thousands)
United States	$	62,860	$	74,512	$	121,981	$	151,441
China	266,479		260,396		541,384		536,826
Japan	35,171		37,327		70,987		74,234
Korea	56,616		41,678		120,995		107,439
Rest of Asia	102,075		88,318		203,686		168,632
Europe	66,941		70,995		137,848		154,633
Rest of World	15,164		18,133		31,500		34,156
	$	605,306	$	591,359	$	1,228,381	$	1,227,361

Net long-lived assets by geographic region were as follows:

	December 29, 2012		June 30, 2012
	(in thousands)
United States	$	1,028,384	$	957,982
Philippines	199,752		247,681
Thailand	82,045		99,308
Rest of World	48,833		48,635
	$	1,359,014	$	1,353,606

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Comprehensive Income

6 Months Ended

Dec. 29, 2012

Statement of Income and Comprehensive Income [Abstract]

Comprehensive Income [Text Block]

COMPREHENSIVE INCOME

The components of Accumulated Other Comprehensive Loss were as follows:

	December 29, 2012			June 30, 2012
	(in thousands)
Tax effect of the unrealized exchange loss on long-term intercompany receivables	$	(8,017	)	$	(6,469	)
Unrealized loss on post-retirement benefits	(6,190		)	(7,444		)
Cumulative translation adjustment	(1,527		)	(1,527		)
Unrealized gain (loss) on cash flow hedges	187			(196		)
Unrealized gain on available-for-sale securities	100			202
Accumulated Other Comprehensive Loss	$	(15,447	)	$	(15,434	)

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Commitments and Contingencies

6 Months Ended

Dec. 29, 2012

Commitments and Contingencies Disclosure [Abstract]

Commitments and Contingencies [Text Block]

COMMITMENTS AND CONTINGENCIES

Legal Proceedings

We are party or subject to various legal proceedings and claims, either asserted or unasserted, which arise in the ordinary course of business, including proceedings and claims that relate to intellectual-property matters. While the outcome of these matters cannot be predicted with certainty, we do not believe that the outcome of any of these matters, individually or in the aggregate, will result in losses that are materially in excess of amounts already recognized or reserved, if any.

Indemnification

The Company indemnifies certain customers, distributors, suppliers and subcontractors for attorney fees and damages and costs awarded against such parties in certain circumstances in which the Company's products are alleged to infringe third party intellectual property rights, including patents, registered trademarks and copyrights. The terms of the Company's indemnification obligations are generally perpetual from the effective date of the agreement. In certain cases, there are limits on and exceptions to the Company's potential liability for indemnification relating to intellectual property infringement claims.

Legal fees associated with indemnification obligations, defense and other related costs

Pursuant to the Company's charter documents and separate written indemnification agreements, the Company has indemnification obligations to its current executive officers and directors, as well as certain former officers and directors. Pursuant to such obligations, the Company has incurred expenses related to legal fees and expenses advanced to certain former officers of the Company subject to civil charges by the SEC in connection with Maxim Integrated's historical stock option granting practices.  The Company expenses such amounts as incurred.

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Fair Value Measurements Fair Value Disclosures (Details) (USD $)	3 Months Ended			6 Months Ended		12 Months Ended
	Dec. 29, 2012	Sep. 29, 2012	Dec. 31, 2011	Dec. 29, 2012	Dec. 31, 2011	Jun. 30, 2012
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Impairment of Long-Lived Assets to be Disposed of	$ 22,222,000	$ 2,700,000	$ 0	$ 24,929,000	$ 0	$ 22,400,000
Estimate of Fair Value, Fair Value Disclosure [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Assets Held-for-sale, Long Lived, Fair Value Disclosure	3,000,000			3,000,000		19,700,000
Change During Period, Fair Value Disclosure [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Impairment of Long-Lived Assets to be Disposed of				$ 22,200,000		$ 22,400,000

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Common Stock Repurchases (Details) (USD $) In Thousands, unless otherwise specified	1 Months Ended	6 Months Ended
	Aug. 31, 2011	Dec. 29, 2012
Common Stock Repurchases [Abstract]
Stock repurchase program, authorized amount	$ 750,000
Shares of common stock repurchased		4,276
Value of common stock repurchased		115,584
Stock repurchase program, remaining authorized amount		$ 435,620

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Subsequent Event

3 Months Ended

Mar. 30, 2013

Subsequent Events [Abstract]

Subsequent Events [Text Block]

SUBSEQUENT EVENT

On December 31,2012, the Company sold its video processing product line to GEO Semiconductor, Inc.

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Earnings Per Share (Tables)

6 Months Ended

Dec. 29, 2012

Earnings Per Share [Abstract]

Schedule of Earnings Per Share, Basic and Diluted [Table Text Block]

The following table sets forth the computation of basic and diluted earnings per share.

	Three Months Ended				Six Months Ended
	December 29, 2012		December 31, 2011		December 29, 2012		December 31, 2011
	(in thousands, except per share data)
Numerator for basic earnings per share and diluted earnings per share
Net income	$	76,622	$	88,130	$	204,510	$	221,576
Denominator for basic earnings per share	292,075		291,824		292,143		293,098
Effect of dilutive securities:
Stock options, ESPP and RSUs	6,684		7,466		6,561		6,985
Denominator for diluted earnings per share	298,759		299,290		298,704		300,083
Earnings per share
Basic	$	0.26	$	0.30	$	0.70	$	0.76
Diluted	$	0.26	$	0.29	$	0.68	$	0.74

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Comprehensive Income (Details 1) (USD $) In Thousands, unless otherwise specified	3 Months Ended		6 Months Ended
	Dec. 29, 2012	Dec. 31, 2011	Dec. 29, 2012	Dec. 31, 2011
Statement of Income and Comprehensive Income [Abstract]
Change in unrealized losses on investments, tax benefits	$ 38	$ 20	$ 58	$ 46
Change in unrealized (loss) gains on forward exchange contracts, tax benefits (expenses)	117	(40)	(218)	146
Actuarial gains on post-retirement benefits, tax expense	$ (69)	$ (35)	$ (168)	$ (71)

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Stock-Based Compensation (Details) (USD $) In Thousands, unless otherwise specified	3 Months Ended		6 Months Ended
	Dec. 29, 2012	Dec. 31, 2011	Dec. 29, 2012	Dec. 31, 2011
Share-based Compensation, Allocation and Classification in Financial Statements [Abstract]
Allocated Share-based Compensation Expense	$ 22,845	$ 23,474	$ 45,342	$ 46,939
Less: Income tax effect	3,938	5,809	8,770	11,268
Net stock-based compensation expense	18,907	17,665	36,572	35,671
Cost of Sales [Member]
Share-based Compensation, Allocation and Classification in Financial Statements [Abstract]
Allocated Share-based Compensation Expense	3,683	3,692	6,671	6,949
Research and Development Expense [Member]
Share-based Compensation, Allocation and Classification in Financial Statements [Abstract]
Allocated Share-based Compensation Expense	12,140	12,909	24,463	26,170
General and Administrative Expense [Member]
Share-based Compensation, Allocation and Classification in Financial Statements [Abstract]
Allocated Share-based Compensation Expense	7,022	6,873	14,208	13,820
Stock options [Member]
Share-based Compensation, Allocation and Classification in Financial Statements [Abstract]
Allocated Share-based Compensation Expense	4,051	4,709	7,833	8,709
Stock options [Member] | Cost of Sales [Member]
Share-based Compensation, Allocation and Classification in Financial Statements [Abstract]
Allocated Share-based Compensation Expense	477	565	875	1,082
Stock options [Member] | Research and Development Expense [Member]
Share-based Compensation, Allocation and Classification in Financial Statements [Abstract]
Allocated Share-based Compensation Expense	2,288	2,440	4,117	4,495
Stock options [Member] | General and Administrative Expense [Member]
Share-based Compensation, Allocation and Classification in Financial Statements [Abstract]
Allocated Share-based Compensation Expense	1,286	1,704	2,841	3,132
Restricted stock units [Member]
Share-based Compensation, Allocation and Classification in Financial Statements [Abstract]
Allocated Share-based Compensation Expense	16,125	16,642	32,625	34,032
Restricted stock units [Member] | Cost of Sales [Member]
Share-based Compensation, Allocation and Classification in Financial Statements [Abstract]
Allocated Share-based Compensation Expense	2,572	2,657	4,743	4,964
Restricted stock units [Member] | Research and Development Expense [Member]
Share-based Compensation, Allocation and Classification in Financial Statements [Abstract]
Allocated Share-based Compensation Expense	8,401	9,207	17,611	19,165
Restricted stock units [Member] | General and Administrative Expense [Member]
Share-based Compensation, Allocation and Classification in Financial Statements [Abstract]
Allocated Share-based Compensation Expense	5,152	4,778	10,271	9,903
ESP Plan [Member]
Share-based Compensation, Allocation and Classification in Financial Statements [Abstract]
Allocated Share-based Compensation Expense	2,669	2,123	4,884	4,198
ESP Plan [Member] | Cost of Sales [Member]
Share-based Compensation, Allocation and Classification in Financial Statements [Abstract]
Allocated Share-based Compensation Expense	634	470	1,053	903
ESP Plan [Member] | Research and Development Expense [Member]
Share-based Compensation, Allocation and Classification in Financial Statements [Abstract]
Allocated Share-based Compensation Expense	1,451	1,262	2,735	2,510
ESP Plan [Member] | General and Administrative Expense [Member]
Share-based Compensation, Allocation and Classification in Financial Statements [Abstract]
Allocated Share-based Compensation Expense	$ 584	$ 391	$ 1,096	$ 785

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Condensed Consolidated Statements of Cash Flows (USD $) In Thousands, unless otherwise specified	6 Months Ended
	Dec. 29, 2012	Dec. 31, 2011
Cash flows from operating activities:
Net income	$ 204,510	$ 221,576
Adjustments to reconcile net income to net cash provided by operating activities:
Stock-based compensation	45,342	46,939
Depreciation and amortization	105,554	104,066
Deferred taxes	9,793	39,477
Tax benefit (shortfall) related to stock-based compensation plans	6,522	(1,153)
Impairment of long-lived assets	24,929	0
Excess tax benefit related to stock-based compensation	(11,834)	(7,063)
Loss on sale of property, plant and equipment	(139)	251
Loss (gain) from sale of investments in privately-held comp	0	(1,811)
Changes in assets and liabilities:
Accounts receivable	52,916	51,970
Inventories	(15,445)	9,246
Other current assets and income tax refund receivable	(3,748)	(13,455)
Accounts payable	(36,002)	(13,515)
Income taxes payable	47,938	16,317
Deferred income on shipments to distributors	(918)	(5,745)
All other accrued liabilities	(37,576)	(76,971)
Net cash provided by operating activities	391,842	370,129
Cash flows from investing activities:
Purchase of property, plant and equipment	(112,805)	(117,685)
Proceeds from sale of property, plant, and equipment	4,459	1,709
Acquisitions	0	(166,287)
Purchases of available-for-sale securities	0	(25,108)
Proceeds from sale of investments in privately-held companies	0	3,225
Net cash used in investing activities	(108,346)	(304,146)
Cash flows from financing activities:
Excess tax benefit related to stock-based compensation	11,834	7,063
Contingent consideration paid	(7,476)	0
Repayment of notes payable	(298)	(20,406)
Net issuance of restricted stock units	(13,645)	(14,992)
Proceeds from stock options exercised	39,214	16,164
Issuance of employee stock purchase plan	16,768	14,906
Repurchase of common stock	(115,584)	(161,160)
Dividends paid	(140,262)	(128,939)
Net cash used in financing activities	(209,449)	(287,364)
Net decrease in cash and cash equivalents	74,047	(221,381)
Cash and cash equivalents:
Beginning of period	881,060	962,541
End of period	955,107	741,160
Supplemental disclosures of cash flow information:
Cash paid (refunded), net during the period for income taxes	7,397	16,829
Cash paid for interest	5,282	5,653
Noncash investing and financing activities:
Accounts payable related to property, plant, and equipment purchases	$ 25,490	$ 36,450

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Financial Instruments

6 Months Ended

Dec. 29, 2012

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Financial Instruments [Text Block]

FINANCIAL INSTRUMENTS

Short-term investments

Fair values were as follows:

	December 29, 2012								June 30, 2012
	Amortized Cost		Gross Unrealized Gain		Gross Unrealized Loss		Estimated Fair Value		Amortized Cost		Gross Unrealized Gain		Gross Unrealized Loss		Estimated Fair Value
	(in thousands)
Available-for-sale investments
Government agency securities	$	75,034	$	158	$	—	$	75,192	$	75,007	$	319	$	—	$	75,326
Total available-for-sale investments	$	75,034	$	158	$	—	$	75,192	$	75,007	$	319	$	—	$	75,326

In the six months ended December 29, 2012 and the year ended June 30, 2012, Maxim Integrated did not recognize any impairment charges on short-term investments.

The government agency securities have maturity dates between February 26, 2013 and December 18, 2013.

Derivative instruments and hedging activities

Foreign Currency Risk

The Company generates revenues in various global markets based on orders obtained in non-U.S. currencies, primarily the Japanese Yen, the Euro and the British Pound. Maxim Integrated incurs expenditures denominated in non-U.S. currencies, principally the Philippine Peso and Thai Baht associated with the Company's manufacturing activities in the Philippines and Thailand, respectively, and expenditures for sales offices and research and development activities undertaken outside of the U.S. Maxim Integrated is exposed to fluctuations in foreign currency exchange rates primarily on orders and accounts receivable from sales in these foreign currencies and cash flows for expenditures in these foreign currencies. Maxim Integrated has established risk management strategies designed to reduce the impact of volatility of future cash flows caused by changes in the exchange rate for these currencies. These strategies reduce, but do not entirely eliminate, the impact of currency exchange rates movements. Maxim Integrated does not use derivative financial instruments for speculative or trading purposes. The Company routinely hedges its exposures to certain foreign currencies with various financial institutions in an effort to minimize the impact of certain currency exchange rate fluctuations. If a financial counterparty to any of the Company's hedging arrangements experiences financial difficulties or is otherwise unable to honor the terms of the foreign currency hedge, the Company may experience financial losses.

For derivative instruments that are designated and qualify as cash flow hedges under Accounting Standards Codification ("ASC") No. 815-Derivatives and Hedging, the effective portion of the gain or loss on the derivative is reported as a component of accumulated other comprehensive loss and reclassified into earnings into the same financial statement line as the item being hedged, and in the same period or periods during which the hedged transaction affects earnings. Gains and losses on the derivative representing either hedge ineffectiveness or hedge components excluded from the assessment of effectiveness are recognized in interest and other income (expense), net.

For derivative instruments that are not designated as hedging instruments under ASC No. 815, gains and losses are recognized in interest and other income (expense), net. All derivatives are foreign currency forward contracts to hedge certain foreign currency denominated assets or liabilities. The gains and losses on these derivatives largely offset the changes in the fair value of the assets or liabilities being hedged.

Fair Value of Derivative Instruments in the Condensed Consolidated Balance Sheets

Maxim Integrated estimates the fair value of derivatives primarily based on pricing models using current market rates and records all derivatives on the balance sheet at fair value. The gross notional and the recorded fair value of derivative financial instruments in the Condensed Consolidated Balance Sheets were as follows:

	As of December 29, 2012						As of June 30, 2012
	Gross Notional(1)		Other Current Assets		Accrued Expenses		Gross Notional (1)		Other Current Assets		Accrued Expenses
	(in thousands)
Derivatives designated as hedging instruments
Cash flow hedges:
Foreign exchange contracts	$	45,703	$	810	$	515	$	37,955	$	150	$	459
Derivatives not designated as hedging instruments
Foreign exchange contracts	40,658		366		41		35,105		492		48
Total derivatives	$	86,361	$	1,176	$	556	$	73,060	$	642	$	507

(1) Represents the face amounts of contracts that were outstanding as of December 29, 2012 and June 30, 2012, as applicable.

Derivatives designated as hedging instruments

The following table provides the balances and changes in the accumulated other comprehensive loss (income) related to derivative instruments during the six months ended December 29, 2012 and the year ended June 30, 2012.

	December 29, 2012			June 30, 2012
	(in thousands)
Beginning balance	$	309		$	(234	)
Gain (loss) reclassified to income	(584		)	653
Loss (gain) recorded in other comprehensive loss	(21		)	(110		)
Ending balance	$	(296	)	$	309

Maxim Integrated expects to reclassify an estimated net accumulated other comprehensive gain of $0.2 million, net of taxes, to earnings in the next twelve months along with the earnings effects of the related forecasted transactions in association with cash flow hedges.

The before-tax effect of cash flow derivative instruments for the three and six months ended December 29, 2012 and December 31, 2011 was as follows:

	Loss (Gain) Reclassified from Accumulated OCI into Income (Effective portion)
		Three Months Ended						Six Months Ended
	Location	December 29, 2012			December 31, 2011			December 29, 2012			December 31, 2011
		(in thousands)
Cash Flow hedges:
Foreign exchange contracts	Net revenues	$	147		$	(3	)	$	122		$	(245	)
Foreign exchange contracts	Cost of goods sold	(443		)	(322		)	(10		)	(127		)
Foreign exchange contracts	Operating expenses	(293		)	(225		)	(696		)	(225		)
Total cash flow hedges		$	(589	)	$	(550	)	$	(584	)	$	(597	)

The before-tax effect of derivative instruments not designated as hedging instruments on the Condensed Consolidated Statements of Income for the three and six months ended December 29, 2012 and December 31, 2011 was as follows:

	Gain (Loss) Recognized in Income on Derivative Instrument
		Three Months Ended				Six Months Ended
	Location	December 29, 2012		December 31, 2011		December 29, 2012			December 31, 2011
		(in thousands)
Foreign exchange contracts	Interest and other income (expense), net	$	904	$	645	$	(792	)	$	979
Total		$	904	$	645	$	(792	)	$	979

Volume of Derivative Activity

Total net U.S. Dollar notional amounts for foreign currency forward contracts, presented by net currency purchase (sale), are as follows:

In United States Dollars	December 29, 2012			June 30, 2012
	(in thousands)
Euro	$	10,152		$	(10,686	)
Japanese Yen	(9,272		)	(2,254		)
British Pound	(8,691		)	(575		)
Philippine Peso	16,587			15,443
Thai Baht	3,966			4,264
Total	$	12,742		$	6,192

Long-term debt

The following table summarizes the Company's long-term debt:

	December 29, 2012			June 30, 2012
	(in thousands)
3.45% fixed rate notes due June 2013	$	300,000		$	300,000
SensorDynamics Debt (Denominated in Euro)
Term fixed rate notes (2.0%-2.5%) due March 2013 to September 2015	6,497			6,285
Amortizing fixed rate notes (1.5%-2.75%) due up to June 2014	682			1,127
Amortizing floating rate notes (EURIBOR plus 1.5%) due up to June 2014	1,612			1,676
Total	308,791			309,088
Less: Current portion	(304,794		)	(303,496		)
Total long-term debt	$	3,997		$	5,592

On June 17, 2010, the Company completed a public offering of $300 million aggregate principal amount of the Company's 3.45% senior unsecured notes due on June 14, 2013 ("$300 million notes"), with an effective interest rate of 3.49%. Interest is payable semi-annually in arrears on June 14 and December 14 of each year. The $300 million notes are governed by base and supplemental indentures dated June 10, 2010 and June 17, 2010, respectively, between the Company and Wells Fargo Bank, National Association, as trustee.

In conjunction with the SensorDynamics acquisition as discussed in Note 13: "Acquisitions" of these Notes to Condensed Consolidated Financial Statements, Maxim Integrated acquired certain fixed and floating rate notes as detailed in the table above.

The Company accounts for all the notes above based on their amortized cost. The discount and expenses are being amortized to Interest and other income (expense), net over the life of the notes. Interest expense associated with the notes was $2.6 million and $2.8 million during the three months ended December 29, 2012 and December 31, 2011, respectively. Interest expense associated with the notes was $5.2 million and $5.4 million during the six months ended December 29, 2012 and December 31, 2011, respectively. The interest expense is recorded in Interest and other income (expense), net in the Condensed Consolidated Statements of Income.

The estimated fair value of Maxim Integrated's debt was approximately $313 million at December 29, 2012. The estimated fair value of the debt is based primarily on quoted market prices.

Other Financial Instruments

For the balance of Maxim Integrated's financial instruments, cash equivalents, accounts receivable, accounts payable and other accrued liabilities, the carrying amounts approximate fair value due to their short maturities.

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Segment Information (Tables)

6 Months Ended

Dec. 29, 2012

Segment Reporting [Abstract]

Schedule of Revenue from External Customers by Geographical Areas [Table Text Block]

Net revenues from unaffiliated customers by geographic region were as follows:

	Three Months Ended				Six Months Ended
	December 29, 2012		December 31, 2011		December 29, 2012		December 31, 2011
	(in thousands)
United States	$	62,860	$	74,512	$	121,981	$	151,441
China	266,479		260,396		541,384		536,826
Japan	35,171		37,327		70,987		74,234
Korea	56,616		41,678		120,995		107,439
Rest of Asia	102,075		88,318		203,686		168,632
Europe	66,941		70,995		137,848		154,633
Rest of World	15,164		18,133		31,500		34,156
	$	605,306	$	591,359	$	1,228,381	$	1,227,361

Schedule of Long Lived Assets by Geographical Areas [Table Text Block]

Net long-lived assets by geographic region were as follows:

	December 29, 2012		June 30, 2012
	(in thousands)
United States	$	1,028,384	$	957,982
Philippines	199,752		247,681
Thailand	82,045		99,308
Rest of World	48,833		48,635
	$	1,359,014	$	1,353,606

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Financial Instruments, Income Statement Location (Details) (USD $) In Thousands, unless otherwise specified	3 Months Ended		6 Months Ended
	Dec. 29, 2012	Dec. 31, 2011	Dec. 29, 2012	Dec. 31, 2011
Derivatives designated as hedging instruments [Member] | Cash Flow Hedging [Member]
Derivative Instruments, Gain (Loss) [Line Items]
Gain (Loss) Reclassified from Accumulated OCI into Income (Effective portion)	$ (589)	$ (550)	$ (584)	$ (597)
Derivatives designated as hedging instruments [Member] | Cash Flow Hedging [Member] | Foreign Exchange Contract [Member] | Net Revenues [Member]
Derivative Instruments, Gain (Loss) [Line Items]
Gain (Loss) Reclassified from Accumulated OCI into Income (Effective portion)	147	(3)	122	(245)
Derivatives designated as hedging instruments [Member] | Cash Flow Hedging [Member] | Foreign Exchange Contract [Member] | Cost of Sales [Member]
Derivative Instruments, Gain (Loss) [Line Items]
Gain (Loss) Reclassified from Accumulated OCI into Income (Effective portion)	(443)	(322)	(10)	(127)
Derivatives designated as hedging instruments [Member] | Cash Flow Hedging [Member] | Foreign Exchange Contract [Member] | Operating Expense [Member]
Derivative Instruments, Gain (Loss) [Line Items]
Gain (Loss) Reclassified from Accumulated OCI into Income (Effective portion)	(293)	(225)	(696)	(225)
Derivatives not designated as hedging instruments [Member]
Derivative Instruments, Gain (Loss) [Line Items]
Gain (Loss) Recognized in Income on Derivative Instrument	904	645	(792)	979
Derivatives not designated as hedging instruments [Member] | Foreign Exchange Contract [Member] | Interest and other (expense), net [Member]
Derivative Instruments, Gain (Loss) [Line Items]
Gain (Loss) Recognized in Income on Derivative Instrument	$ 904	$ 645	$ (792)	$ 979

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Impairment of Long-Lived Assets

3 Months Ended

Dec. 29, 2012

Asset Impairment Charges [Abstract]

Asset Impairment Charges [Text Block]

IMPAIRMENT OF LONG-LIVED ASSETS

Fiscal year 2013:

During the second quarter of fiscal year 2013, the Company identified certain assets as excess primarily attributable to the transition to utilizing newer, more efficient manufacturing equipment. These assets included used fabrication tools and test manufacturing equipment. In connection with these circumstances, the Company recorded a charge for the write down of equipment to its estimated fair value. The total charge of $22.2 million was included in impairment of long-lived assets in the Company's Condensed Consolidated Statements of Income. The Company reached its conclusion regarding the asset impairment after conducting an evaluation of assets fair values. The fair value of the equipment was determined mainly after consideration of quoted market prices of similar equipment adjusted for equipment specifications and condition in addition to the current market demand and size.

During the first quarter of fiscal year 2013, the Company identified certain idle facilities as held for sale. In connection with these circumstances, the Company recorded a charge for the write-down of land and buildings to their estimated fair value, less cost to sell. The total charge of $2.7 million was included in impairment of long-lived assets in the Company's Condensed Consolidated Statements of Income. The Company reached its conclusion regarding the asset impairment after conducting an evaluation of assets fair values. The fair value of the land and buildings was determined mainly after consideration of evidence such as appraisals and offers received.

Fiscal year 2012:

During the fourth quarter of fiscal year 2012, the Company identified certain idle facilities as held for sale. In connection with these circumstances, the Company recorded a charge for the write-down of land and buildings to their estimated fair value, less cost to sell. The total charge of $22.4 million was included in impairment of long-lived assets in the Company's Consolidated Statements of Income. The Company reached its conclusion regarding the asset impairment after conducting an evaluation of assets fair values. The fair value of the land and buildings was determined mainly after consideration of evidence such as appraisals and offers received.

The Company has ceased depreciation and classified the above assets as held for sale based on its intentions to sell the assets and has included the lower of fair value less cost to sell and net book value of $24.0 million in other assets in the Condensed Consolidated Balance Sheet as of June 30, 2012.