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Balance Sheet Components
12 Months Ended
Sep. 26, 2014
Balance Sheet Related Disclosures [Abstract]  
Balance Sheet Components

 

2. BALANCE SHEET COMPONENTS

 

 

September 26,

 

 

September 27,

 

(In millions)

2014

 

 

2013

 

Available-for-sale investments:

 

 

 

 

 

 

 

Corporate debt securities:

 

 

 

 

 

 

 

Amortized cost

$

75.6

 

 

$

62.7

 

Unrealized gain (loss)

 

-

 

 

 

-

 

Fair value

$

75.6

 

 

$

62.7

 

 

The available-for-sale securities represent loans to CPTC. As of September 26, 2014, of the total amount of $75.6 million of the available-for-sale securities, $66.2 million is included in short-term investment and $9.4 million is included in other assets on the Consolidated Balance Sheet. As of September 27, 2013, the entire amount of the available-for-sale securities was included in short-term investment on the Consolidated Balance Sheet. See Note 16, “CPTC Loans” for more information.

 

 

September 26,

 

 

September 27,

 

(In millions)

2014

 

 

2013

 

Inventories:

 

 

 

 

 

 

 

Raw materials and parts

$

296.1

 

 

$

276.6

 

Work-in-process

 

124.5

 

 

 

91.6

 

Finished goods

 

151.7

 

 

 

167.0

 

Total inventories

$

572.3

 

 

$

535.2

 

 

 

 

September 26,

 

 

September 27,

 

(In millions)

2014

 

 

2013

 

Property, plant and equipment:

 

 

 

 

 

 

 

Land and land improvements

$

45.1

 

 

$

44.6

 

Buildings and leasehold improvements

 

260.8

 

 

 

242.2

 

Machinery and equipment

 

424.0

 

 

 

380.8

 

Construction in progress

 

44.7

 

 

 

46.6

 

Assets subject to lease

 

1.4

 

 

 

1.8

 

 

 

776.0

 

 

 

716.0

 

Accumulated depreciation and amortization

 

(438.0

)

 

 

(400.7

)

Property, plant and equipment, net

$

338.0

 

 

$

315.3

 

 

 

 

 

September 26,

 

 

September 27,

 

(In millions)

2014

 

 

2013

 

Other assets:

 

 

 

 

 

 

 

DCP assets

$

59.6

 

 

$

55.2

 

Investments in privately-held companies

 

64.7

 

 

 

71.1

 

Long-term receivables

 

58.5

 

 

 

26.0

 

Intangible assets

 

40.9

 

 

 

23.4

 

Long-term deferred tax assets

 

11.5

 

 

 

10.5

 

Other

 

49.3

 

 

 

36.8

 

Total other assets

$

284.5

 

 

$

223.0

 

 

 

 

 

 

September 26,

 

 

September 27,

 

(In millions)

2014

 

 

2013

 

Accrued expenses:

 

 

 

 

 

 

 

Accrued compensation and benefits

$

121.4

 

 

$

104.8

 

DCP liabilities

 

57.9

 

 

 

54.6

 

Income taxes payable

 

30.9

 

 

 

40.0

 

Current deferred tax liabilities

 

10.8

 

 

 

7.6

 

Other

 

103.4

 

 

 

113.9

 

Total accrued expenses

$

324.4

 

 

$

320.9

 

 

 

 

 

September 26,

 

 

September 27,

 

(In millions)

2014

 

 

2013

 

Other long-term liabilities:

 

 

 

 

 

 

 

Long-term income taxes payable

$

55.2

 

 

$

41.9

 

Long-term deferred income taxes

 

31.5

 

 

 

12.0

 

Other

 

65.0

 

 

 

90.1

 

Total other long-term liabilities

$

151.7

 

 

$

144.0