Stockholders' Equity (Tables)

6 Months Ended

Jun. 03, 2011

The changes in retained earnings for the six months ended June 3, 2011 were as follows (in thousands):



Balance as of December 3, 2010	$	5,980,914
Net income	464,027
Re-issuance of treasury stock	(216,367		)
Balance as of June 3, 2011	$	6,228,574

Comprehensive Income, Net of Taxes

The following table sets forth the activity for each component of comprehensive income, net of related taxes, for the three and six months ended June 3, 2011 and June 4, 2010 (in thousands):



	Three Months						Six Months
	2011			2010			2011			2010
	Increase/(Decrease)						Increase/(Decrease)
Net income	$	229,436		$	148,611		$	464,027		$	275,765
Other comprehensive income:
Available-for-sale securities:
Unrealized gains (losses) on available-for-sale securities	5,898			212			5,845			(546		)
Reclassification adjustment for gains on available-for-sale securities recognized during the period	(630		)	(359		)	(1,174		)	(703		)
Subtotal available-for-sale securities	5,268			(147		)	4,671			(1,249		)
Derivatives designated as hedging instruments:
Unrealized gains on derivative instruments	100			28,425			33			38,789
Reclassification adjustment for gains on derivative instruments recognized during the period	(184		)	(6,206		)	(184		)	(6,206		)
Subtotal derivatives designated as hedging instruments	(84		)	22,219			(151		)	32,583
Foreign currency translation adjustments	20,463			(11,187		)	32,394			(15,786		)
Other comprehensive income	25,647			10,885			36,914			15,548
Total comprehensive income, net of taxes	$	255,083		$	159,496		$	500,941		$	291,313

Accumulated Other Comprehensive Income, Net of Taxes

The following table sets forth the components of accumulated other comprehensive income, net of related taxes, as of June 3, 2011 and December 3, 2010 (in thousands):



	2011			2010
Net unrealized gains on available-for-sale securities:
Unrealized gains on available-for-sale securities	$	14,596		$	12,138
Unrealized losses on available-for-sale securities	(280		)	(2,493		)
Total net unrealized gains on available-for-sale securities	14,316			9,645
Net unrealized gains on derivative instruments designated as hedging instruments	—			151
Cumulative foreign currency translation adjustments	40,026			7,632
Total accumulated other comprehensive income, net of taxes	$	54,342		$	17,428

- Definition

Tabular disclosure of components of comprehensive income (loss) including, but not limited to: (a) foreign currency translation adjustments; (b) gains (losses) on foreign currency transactions that are designated as, and are effective as, economic hedges of a net investment in a foreign entity; (c) gains (losses) on intercompany foreign currency transactions that are of a long-term-investment nature, when the entities to the transaction are consolidated, combined, or accounted for by the equity method in the reporting enterprise's financial statements; (d) change in the market value of a futures contract that qualifies as a hedge of an asset reported at fair value; (e) unrealized holding gains (losses) on available-for-sale securities and that resulting from transfers of debt securities from the held-to-maturity category to the available-for-sale category; (f) a net loss recognized as an additional pension liability not yet recognized as net periodic pension cost; and (g) the net gain (loss) and net prior service cost or credit for pension plans and other postretirement benefit plans.

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