OPERATING LEASES

6 Months Ended

Apr. 29, 2012

NOTE 14 - OPERATING LEASES

The Company leases various real estate and equipment under non-cancelable operating leases.

In connection with the Company's purchase of the U.S. nanoFab facility in the second quarter of fiscal 2012 (see Notes 3 and 4), the Company's lease agreement with Micron for the U.S. nanoFab facility was cancelled, which reduced the Company's related outstanding operating lease commitments by a total of $15 million for fiscal years 2013 and 2014.

Future minimum lease payments under non-cancelable operating leases with initial terms in excess of one year as of April 29, 2012, are as follows:

2012	$	1,200
2013		1,329
2014		642
2015		542
2016		500
Thereafter		896
	$	5,109

See Note 4 for disclosures related to the Company's capital lease obligation.

- Definition

The entire disclosure for lessee entity's leasing arrangements including, but not limited to, all of the following: (a.) The basis on which contingent rental payments are determined, (b.) The existence and terms of renewal or purchase options and escalation clauses, (c.) Restrictions imposed by lease agreements, such as those concerning dividends, additional debt, and further leasing.

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