Consolidated Balance Sheets - USD ($) $ in Thousands	Jun. 30, 2018	Jun. 24, 2017
Current assets:
Cash and cash equivalents, at carrying value	$ 1,543,484	$ 2,246,121
Short-term investments	1,082,915	498,718
Total cash, cash equivalents and short-term investments	2,626,399	2,744,839
Accounts receivable, net of allowances of $46,575 in 2017 and $32,108 in 2016	280,072	256,454
Inventories	282,390	247,242
Other current assets	21,548	57,059
Total current assets	3,210,409	3,305,594
Property, plant and equipment, net	579,364	606,581
Intangible assets, net	78,246	90,867
Goodwill	532,251	491,015
Other assets	51,291	76,176
TOTAL ASSETS	4,451,561	4,570,233
Current liabilities:
Accounts payable	92,572	77,373
Income taxes payable	17,961	3,688
Employee-related Liabilities, Current [Abstract]	151,682	145,299
Accrued liabilities	35,774	37,663
Deferred income on shipments to distributors	0	14,974
Short-term Debt	499,406	0
Total current liabilities	797,395	278,997
Long-term debt, excluding current maturities	991,147	1,487,678
Income taxes payable	661,336	557,498
Other liabilities	70,743	43,366
Total liabilities	2,520,621	2,367,539
Stockholders' equity:
Preferred stock, $0.001 par value, Authorized: 2,000 shares, issued and outstanding: none	0	0
Common stock, $0.001 par value, Authorized: 960,000 shares, Issued and outstanding: 282,912 in 2017 and 283,909 in 2016	279	283
Additional paid-in capital	0	0
Retained earnings	1,945,646	2,212,301
Accumulated other comprehensive income (loss), net of tax	(14,985)	(9,890)
Total stockholders' equity	1,930,940	2,202,694
TOTAL LIABILITIES & STOCKHOLDERS' EQUITY	$ 4,451,561	$ 4,570,233

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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Namespace Prefix:	us-gaap_
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.