|
Condensed Consolidated Balance Sheets (Unaudited) (USD $)
In Thousands, unless otherwise specified
|
Aug. 04, 2012
|
Oct. 29, 2011
|
| Assets |
|
|
|
|
| Cash and cash equivalents |
$ 462,149 |
|
$ 1,405,100 |
|
| Short-term investments |
3,302,896 |
|
2,187,362 |
|
| Accounts receivable, net |
345,795 |
|
348,416 |
|
| Inventory: |
|
|
|
|
| Raw materials |
26,891 |
[1] |
28,085 |
[1] |
| Work in process |
184,326 |
[1] |
170,398 |
[1] |
| Finished goods |
100,862 |
[1] |
96,598 |
[1] |
| Total inventory |
312,079 |
[1] |
295,081 |
[1] |
| Deferred tax assets |
83,919 |
|
82,171 |
|
| Prepaid income tax |
9,386 |
|
22,002 |
|
| Prepaid expenses and other current assets |
45,061 |
|
46,216 |
|
| Total current assets |
4,561,285 |
|
4,386,348 |
|
| Property, plant and equipment, at cost: |
|
|
|
|
| Land and buildings |
442,871 |
|
430,453 |
|
| Machinery and equipment |
1,670,221 |
|
1,606,150 |
|
| Office equipment |
50,442 |
|
51,960 |
|
| Leasehold improvements |
47,930 |
|
48,338 |
|
| Property, plant and equipment, at cost |
2,211,464 |
|
2,136,901 |
|
| Less accumulated depreciation and amortization |
1,720,883 |
|
1,658,062 |
|
| Net property, plant and equipment |
490,581 |
|
478,839 |
|
| Deferred compensation plan investments |
27,799 |
|
26,410 |
|
| Other investments |
1,816 |
|
2,951 |
|
| Goodwill |
279,363 |
|
275,087 |
|
| Intangible assets, net |
28,827 |
|
12,200 |
|
| Deferred tax assets |
31,480 |
|
37,645 |
|
| Other assets |
35,471 |
|
58,155 |
|
| Total other assets |
404,756 |
|
412,448 |
|
| Total assets |
5,456,622 |
|
5,277,635 |
|
| Liabilities and Shareholders' Equity |
|
|
|
|
| Accounts payable |
113,391 |
|
113,056 |
|
| Deferred income on shipments to distributors, net |
246,674 |
|
233,249 |
|
| Income taxes payable |
6,249 |
|
6,584 |
|
| Current portion of long-term debt |
14,500 |
|
14,500 |
|
| Accrued liabilities |
127,728 |
|
157,616 |
|
| Total current liabilities |
508,542 |
|
525,005 |
|
| Long-term debt |
842,540 |
|
871,876 |
|
| Deferred income taxes |
1,524 |
|
1,260 |
|
| Deferred compensation plan liability |
27,799 |
|
26,428 |
|
| Other non-current liabilities |
47,611 |
|
57,653 |
|
| Total non-current liabilities |
919,474 |
|
957,217 |
|
| Shareholders' Equity |
|
|
|
|
| Preferred stock, $1.00 par value, 471,934 shares authorized, none outstanding |
0 |
|
0 |
|
| Common stock, $0.16 2/3 par value, 1,200,000,000 shares authorized, 298,905,593 shares issued and outstanding (297,960,718 on October 29, 2011) |
49,819 |
|
49,661 |
|
| Capital in excess of par value |
312,487 |
|
289,587 |
|
| Retained earnings |
3,701,054 |
|
3,482,334 |
|
| Accumulated other comprehensive loss |
(34,754) |
|
(26,169) |
|
| Total shareholders' equity |
4,028,606 |
|
3,795,413 |
|
| Liabilities and Shareholders' Equity |
$ 5,456,622 |
|
$ 5,277,635 |
|
|
|
|