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Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 28, 2020
Mar. 30, 2019
Current assets:    
Cash and cash equivalents $ 1,777,703 $ 1,544,490
Short-term investments 489,513 1,631,194
Accounts receivable, net of allowances for doubtful accounts of $3,239 and $3,170 in 2020 and 2019, respectively 273,028 335,165
Inventories 304,340 315,358
Prepaid expenses and other current assets 64,557 65,771
Total current assets 2,909,141 3,891,978
Property, plant and equipment, at cost:    
Land 65,298 65,298
Buildings 376,879 353,914
Machinery and equipment 497,090 438,617
Furniture and fixtures 50,048 45,164
Gross property, plant and equipment 989,315 902,993
Accumulated depreciation and amortization (616,741) (574,064)
Net property, plant and equipment 372,574 328,929
Long-term investments 0 53,433
Goodwill 619,196 340,718
Acquisition-related intangibles, net 200,344 80,723
Other assets 592,079 455,567
Total Assets 4,693,334 5,151,348
Current liabilities:    
Accounts payable 102,131 117,491
Accrued payroll and related liabilities 231,439 247,268
Income taxes payable 36,217 28,718
Other accrued liabilities 216,634 81,559
Current portion of long-term debt 499,260 0
Total current liabilities 1,085,681 475,036
Long-term debt 747,110 1,234,807
Long-term income taxes payable 447,383 515,192
Other long-term liabilities 98,111 64,804
Commitments and contingencies (Note 8 and Note 16)
Stockholders' equity:    
Preferred stock, $.01 par value; 2,000 shares authorized; none issued and outstanding 0 0
Common stock, $.01 par value; 2,000,000 shares authorized; 243,810 and 253,891 shares issued and outstanding in 2020 and 2019, respectively 2,438 2,539
Additional paid-in capital 1,145,083 1,005,411
Retained earnings 1,187,805 1,876,969
Accumulated other comprehensive loss (20,277) (23,410)
Total stockholders’ equity 2,315,049 2,861,509
Total Liabilities and Stockholders’ Equity $ 4,693,334 $ 5,151,348