| Financial
Highlights |
Year Ended
(in millions, except for share amounts and employee figures)
|
May 29, 2005
|
May 30, 2004
|
May 25, 2003
|
May 26, 2002
|
May 27, 2001
|
| OPERATING RESULTS |
|
|
|
|
|
| Net Sales |
$ 1,913.1
|
$1,983.1
|
$1,672.5
|
$1,494.8
|
$2,112.6
|
| Net Income (loss) |
$ 415.3
|
$ 282.8
|
$ (33.3)
|
$ (121.9)
|
$ 245.7
|
| Earinings (loss) per share: |
|
|
|
|
|
|
Basic
|
$ 1.17
|
$ 0.78
|
$ (0.09)
|
$ (0.34)
|
$ 0.70
|
|
Diluted
|
$ 1.11
|
$ 0.73
|
$ (0.09)
|
$ (0.34)
|
$ 0.65
|
| Weighted-average common and potential common |
|
|
|
|
|
|
shares outstanding:
|
|
|
|
|
|
|
Basic
|
353.9
|
361.0
|
363.6
|
355.0
|
351.8
|
|
Diluted
|
373.9
|
388.5
|
363.6
|
355.0
|
376.8
|
| Research and development |
$ 333.0
|
$ 357.1
|
$ 439.2
|
$ 441.9
|
$ 435.6
|
| Capital additions |
$ 96.6
|
$ 215.3
|
$ 154.9
|
$ 138.0
|
$ 239.5
|
| Current ratio |
5.31
|
2.70
|
3.46
|
2.98
|
2.70
|
| Debt-to-equity ratio |
1.1%
|
1.3%
|
1.3%
|
1.5%
|
3.1%
|
| Number of employees (in thousands) |
8.5
|
9.7
|
9.8
|
10.1
|
10.3
|
|