Consolidated Balance Sheets - USD ($) $ in Thousands	Jun. 24, 2018	Jun. 25, 2017
ASSETS:
Cash and cash equivalents	$ 4,512,257	$ 2,377,534
Investments	437,338	3,663,628
Accounts receivable, less allowance for doubtful accounts of $5,343 as of June 24, 2018 and $5,103 as of June 25, 2017	2,176,936	1,673,398
Inventories	1,876,162	1,232,916
Prepaid expenses and other current assets	147,218	195,022
Total current assets	9,149,911	9,142,498
Property and equipment, net	902,547	685,595
Restricted cash and investments	256,301	256,205
Goodwill	1,484,904	1,385,673
Intangible assets, net	317,836	410,995
Other assets	367,979	241,799
Total assets	12,479,478	12,122,765
LIABILITIES AND STOCKHOLDERS’ EQUITY:
Trade accounts payable	510,983	464,643
Accrued expenses and other current liabilities	1,309,209	969,361
Deferred profit	720,086	607,672
Commercial paper and current portion of convertible notes and capital leases	610,030	908,439
Total current liabilities	3,150,308	2,950,115
Senior notes, convertible notes, and capital leases, less current portion	1,806,562	1,784,974
Income taxes payable	851,936	120,178
Other long-term liabilities	90,629	280,186
Total liabilities	5,899,435	5,135,453
Commitments and contingencies
Temporary equity, convertible notes	78,192	169,861
Stockholders’ equity:
Preferred stock, at par value of $0.001 per share; authorized - 5,000 shares, none outstanding	0	0
Common stock, at par value of $0.001 per share; authorized - 400,000 shares; issued and outstanding 156,892 shares at June 24, 2018, and 161,723 shares at June 25, 2017	157	162
Additional paid-in capital	6,144,425	5,845,485
Treasury stock, at cost, 119,679 shares at June 24, 2018, and 105,569 shares at June 25, 2017	(7,846,476)	(5,216,187)
Accumulated other comprehensive loss	(57,449)	(61,700)
Retained earnings	8,261,194	6,249,691
Total stockholders’ equity	6,501,851	6,817,451
Total liabilities and stockholders’ equity	$ 12,479,478	$ 12,122,765

Carrying value as of the balance sheet date of liabilities incurred (and for which invoices have typically been received) and payable to vendors for goods and services received that are used in an entity's business. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer).

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Data Type:	xbrli:monetaryItemType
Balance Type:	credit
Period Type:	instant

- Definition

Amount due from customers or clients, within one year of the balance sheet date (or the normal operating cycle, whichever is longer), for goods or services (including trade receivables) that have been delivered or sold in the normal course of business, reduced to the estimated net realizable fair value by an allowance established by the entity of the amount it deems uncertain of collection.