Financial Instruments (Tables)

12 Months Ended

Jun. 26, 2011

Jun. 27, 2010

Assets And Liabilities Measured At Fair Value


	Total		Fair Value Measurement at June 26, 2011
	Total		Quoted Prices in Active Markets for Identical Assets (Level 1)		Significant Other Observable Inputs (Level 2)		Significant Unobservable Inputs (Level 3)
			(In thousands)
Assets
Short-Term Investments
Money Market Funds	$	1,300,098	$	1,300,098	$	—	$	—
Municipal Notes and Bonds		321,339		—		321,339		—
US Treasury and Agencies		8,496		8,496		—		—
Government-Sponsored Enterprises		19,868		—		19,868		—
Foreign Government Bonds		1,005		—		1,005		—
Corporate Notes and Bonds		382,432		164,885		217,547		—
Mortgage Backed Securities — Residential		2,633		—		2,633		—
Mortgage Backed Securities — Commercial		60,729		—		60,729		—

Total Short-Term Investments	$	2,096,600	$	1,473,479	$	623,121	$	—
Equities		7,443		7,443		—		—
Mutual Funds		19,467		19,467		—		—
Derivatives Assets		1,994		—		1,994		—

Total	$	2,125,504	$	1,500,389	$	625,115	$	—

Liabilities
Derivative liabilities	$	1,924	$	—	$	1,924	$	—


	Total		Fair Value Measurement at June 27, 2010
	Total		Quoted Prices in Active Markets for Identical Assets (Level 1)		Significant Other Observable Inputs (Level 2)		Significant Unobservable Inputs (Level 3)
			(In thousands)
Assets
Short-Term Investments
Money Market Funds	$	470,936	$	470,936	$	—	$	—
Municipal Notes and Bonds		103,903		—		103,903		—
US Treasury and Agencies		3,447		—		3,447		—
Government-Sponsored Enterprises		6,060		6,060		—		—
Foreign Government Bonds		1,008		—		1,008		—
Corporate Notes and Bonds		289,437		169,723		119,636		78
Mortgage Backed Securities — Residential		6,106		—		6,106		—
Mortgage Backed Securities — Commercial		42,964		—		42,964		—

Total Short-Term Investments	$	923,861	$	646,719	$	277,064	$	78
Equities		7,636		7,636		—		—
Mutual Funds		18,124		18,124		—		—
Derivatives Assets		2,063		—		2,063		—

Total	$	951,684	$	672,479	$	279,127	$	78

Liabilities
Derivative liabilities	$	470	$	—	$	470	$	—

Assets And Liabilities Measured At Fair Value As Reported In Consolidated Balance Sheet


Reported As:	Total		(Level 1)		(Level 2)		(Level 3)
	(In thousands)
Cash Equivalents	$	1,301,600	$	1,300,098	$	1,502	$	—
Short-Term Investments		630,115		8,496		621,619		—
Restricted Cash and Investments		164,885		164,885		—		—
Prepaid Expenses and Other Current Assets		26,910		26,910		—		—
Other Assets		1,994		—		1,994		—

Total	$	2,125,504	$	1,500,389	$	625,115	$	—

Accrued Expenses and Other Current Liabilities	$	1,924	$	—	$	1,924	$	—


Reported As:	Total		(Level 1)		(Level 2)		(Level 3)
	(In thousands)
Cash Equivalents	$	478,286	$	477,279	$	1,007	$	—
Short-Term Investments		280,690		4,555		276,057		78
Restricted Cash and Investments		164,885		164,885		—		—
Prepaid Expenses and Other Current Assets		2,063		—		2,063		—
Other Assets		25,760		25,760		—		—

Total	$	951,684	$	672,479	$	279,127	$	78

Accrued Expenses and Other Current Liabilities	$	470	$	—	$	470	$	—

Summary Of Investment


	June 26, 2011									June 27, 2010
	Cost		Unrealized Gain		Unrealized (Loss)			Fair Value		Cost		Unrealized Gain		Unrealized (Loss)			Fair Value
Cash	$	190,903	$	—	$	—		$	190,903	$	67,830	$	—	$	—		$	67,830
Fixed Income Money Market Funds		1,300,098		—		—			1,300,098		470,936		—		—			470,936
Municipal Notes and Bonds		319,913		1,510		(84	)		321,339		102,130		1,784		(11	)		103,903
US Treasury and Agencies		8,462		34		—			8,496		3,437		10		—			3,447
Government-Sponsored Enterprises		19,864		6		(2	)		19,868		5,976		84		—			6,060
Foreign Government Bonds		1,004		1		—			1,005		1,007		1		—			1,008
Corporate Notes and Bonds		380,992		1,498		(58	)		382,432		287,922		1,608		(93	)		289,437
Mortgage Backed Securities — Residential		2,521		144		(32	)		2,633		5,825		323		(42	)		6,106
Mortgage Backed Securities — Commercial		60,639		277		(187	)		60,729		42,765		275		(76	)		42,964

Total Cash and Short-Term Investments	$	2,284,396	$	3,470	$	(363	)	$	2,287,503	$	987,828	$	4,085	$	(222	)	$	991,691

Publicly Traded Equity Securities	$	9,320	$	—	$	(1,877	)	$	7,443	$	9,471	$	—	$	(1,835	)	$	7,636
Mutual Funds		17,975		1,492		—			19,467		19,043		—		(919	)		18,124

Total Financial Instruments	$	2,311,691	$	4,962	$	(2,240	)	$	2,314,413	$	1,016,342	$	4,085	$	(2,976	)	$	1,017,451

As Reported
Cash and Cash Equivalents	$	1,492,132	$	—	$	—		$	1,492,132	$	545,766	$	1	$	—		$	545,767
Short-Term Investments		627,008		3,470		(363	)		630,115		276,828		4,084		(222	)		280,690
Restricted Cash and Investments		165,256		—		—			165,256		165,234		—		—			165,234
Prepaid Expenses Other Assets		27,295		1,492		(1,877	)		26,910		28,514		—		(2,754	)		25,760

Total	$	2,311,691	$	4,962	$	(2,240	)	$	2,314,413	$	1,016,342	$	4,085	$	(2,976	)	$	1,017,451

Fixed Income Securities


	June 26, 2011
	UNREALIZED LOSSES LESS THAN 12 MONTHS					UNREALIZED LOSSES 12 MONTHS OR GREATER					TOTAL
	Fair Value		Unrealized			Fair Value		Unrealized			Fair Value		Unrealized
Fixed Income Securities
Municipal Notes and Bonds	$	60,311	$	(84	)	$	—	$	—		$	60,311	$	(84	)
Government-Sponsored Enterprises		9,995		(2	)		—		—			9,995		(2	)
Corporate Notes and Bonds		43,383		(58	)		—		—			43,383		(58	)
Mortgage Backed Securities — Residential		—		—			273		(32	)		273		(32	)
Mortgage Backed Securities — Commercial		32,539		(187	)		—		—			32,539		(187	)

Total Fixed Income	$	146,228	$	(331	)	$	273	$	(32	)	$	146,501	$	(363	)

Cash And Short Term Investments Schedule


	June 26, 2011				June 27, 2010
	Cost		Estimated Fair Value		Cost		Estimated Fair Value
	(in thousands)
Due in less than one year	$	1,606,390	$	1,606,925	$	723,143	$	723,707
Due in more than one year		487,103		489,675		196,855		200,154

	$	2,093,493	$	2,096,600	$	919,998	$	923,861

Schedule Of Forward Contracts


	Derivatives Designated as Hedging Instruments:		Derivatives Not Designated as Hedging Instruments:
	(in thousands)
Foreign Currency Forward Contracts
Sell JPY	$	107,912	$	62,012
Buy CHF		—		257,588
Buy EUR		103,590		41,802
Buy TWD		—		83,368

	$	211,502	$	444,770

Schedule Of Derivatives

Fair Value of Derivative Instruments

Asset Derivatives

Liability Derivatives

Balance Sheet
Location

Fair Value

Balance Sheet
Location

Fair Value

(in thousands)

Derivatives designated as hedging instruments:

Foreign exchange forward contracts

Prepaid expense
and other assets

1,881

Accrued liabilities

(1,142

)

Derivatives not designated as hedging instruments:

Foreign exchange forward contracts

Prepaid expense
and other assets

113

Accrued liabilities

(782

)

Total derivatives

1,994

(1,924

)

Fair Value of Derivative Instruments

Asset Derivatives

Liability Derivatives

Balance Sheet
Location

Fair Value

Balance Sheet
Location

Fair Value

(in thousands)

Derivatives designated as hedging instruments:

Foreign exchange forward contracts

Prepaid expense
and other assets

Accrued liabilities

(52

)

Derivatives not designated as hedging instruments:

Foreign exchange forward contracts

Prepaid expense
and other assets

2,033

Accrued liabilities

(418

)

Total derivatives

2,063

(470

)

Schedule Of Derivatives Designated As Hedging Instruments, Gain (Loss) In Statements Of Operations


	Twelve Months Ended June 26, 2011
	Gain (Loss) Recognized (Effective Portion) (1)		Gain (Loss) Recognized (Effective Portion) (2)			Gain (Loss) Recognized (Ineffective Portion) (3)		Gain (Loss) Recognized (Excluded from Effectiveness Testing) (4)
	(in thousands)
Derivatives Designated as Hedging Instruments:
Foreign exchange forward contracts	$	(5,134)	$	(5,716	)	$	—	$	516

	Twelve Months Ended June 27, 2010
	Gain (Loss) Recognized (Effective Portion) (1)		Gain (Loss) Recognized (Effective Portion) (2)			Gain (Loss) Recognized (Ineffective Portion) (3)		Gain (Loss) Recognized (Excluded from Effectiveness Testing) (4)
	(in thousands)
Derivatives Designated as Hedging Instruments:
Foreign exchange forward contracts		$388		$404		$	—		$59

(1)	Amount recognized in other comprehensive income (loss) (effective portion).

(2)	Amount of gain (loss) reclassified from accumulated other comprehensive income into income (loss) (effective portion) located in revenue.

(3)	Amount of gain (loss) recognized in income on derivative (ineffective portion) located in other income (expense), net.

(4)	Amount of gain (loss) recognized in income on derivative (amount excluded from effectiveness testing) located in other income (expense), net.

Schedule Of Derivatives Not Designated As Hedging Instruments, Gain (Loss) In Statements Of Operations


	Twelve Months Ended
		June 26, 2011		June 27, 2010
		Gain (Loss) Recognized (5)		Gain (Loss) Recognized (5)
		(in thousands)
Derivatives Not Designated as Hedging Instruments:
Foreign exchange forward contracts		$	55,362	$	(17,367)

(5)	Amount of gain (loss) recognized in income located in other income (expense), net.