Cover Page - USD ($) | 12 Months Ended | | |
Jun. 26, 2021 | Aug. 25, 2021 | Dec. 26, 2020 |
Cover [Abstract] | | | |
Document Type | 10-K/A | | |
Amendment Flag | true | | |
Document Annual Report | true | | |
Document Transition Report | false | | |
Entity File Number | 001-34192 | | |
Entity Registrant Name | MAXIM INTEGRATED PRODUCTS, INC. | | |
Entity Tax Identification Number | 94-2896096 | | |
Document Period End Date | Jun. 26, 2021 | | |
Document Fiscal Year Focus | 2021 | | |
Document Fiscal Period Focus | FY | | |
Entity Central Index Key | 0000743316 | | |
Current Fiscal Year End Date | --06-26 | | |
Entity Well-known Seasoned Issuer | Yes | | |
Entity Voluntary Filers | No | | |
Entity Current Reporting Status | Yes | | |
Entity Interactive Data Current | Yes | | |
Entity Filer Category | Large Accelerated Filer | | |
Entity Small Business | false | | |
Entity Emerging Growth Company | false | | |
Entity Shell Company | false | | |
Entity Incorporation, State or Country Code | DE | | |
Entity Address, Address Line One | 160 Rio Robles | | |
Entity Address, City or Town | San Jose | | |
Entity Address, State or Province | CA | | |
Entity Address, Postal Zip Code | 95134 | | |
City Area Code | 408 | | |
Local Phone Number | 601-1000 | | |
Title of 12(b) Security | Common stock, $0.001 par value | | |
Trading Symbol | MXIM | | |
Security Exchange Name | NASDAQ | | |
Entity Common Stock, Shares Outstanding | | 268,910,713 | |
Entity Public Float | | | $ 15,055,411,611 |
Amendment Description | Maxim Integrated Products, Inc. (“Maxim Integrated” or the “Company”) is filing this Amendment No. 1 on Form 10-K/A (the “Amendment”) to its Annual Report on Form 10-K for the fiscal year ended June 26, 2021 (the “Form 10-K”), which was originally filed with the SEC on August 20, 2021. We are filing the Amendment solely to set forth information required by Items 10, 11, 12, 13, and 14 of Part III of Form 10-K as we will not file our definitive proxy statement within 120 days of the end of our fiscal year ended June 26, 2021. This Amendment amends and restates in its entirely Items 10, 11, 12, 13, and 14 of Part III. In addition, new certifications of our principal executive officer and principal financial officer are listed in Item 15 and attached as exhibits, each as of the filing date of this Amendment. This Amendment does not change the previously reported financial statements or any other disclosure contained in Part I or Part II in the Form 10-K. On August 26, 2021, the Company completed its previously announced combination with Analog Devices, Inc., a Massachusetts corporation (“Analog Devices”). Pursuant to the Agreement and Plan of Merger, dated as of July 12, 2020 (the “Merger Agreement”), by and among the Company, Analog Devices and Magneto Corp., a Delaware corporation and a wholly owned subsidiary of Analog Devices (“Merger Sub”), Merger Sub was merged with and into the Company (the “Merger”), with the Company surviving the Merger and becoming a wholly owned subsidiary of Analog Devices. At the effective time of the Merger (the “Effective Time”), pursuant to the Merger Agreement, each share of common stock, par value $0.001 per share, of the Company (the “Company Common Stock”), issued and outstanding immediately prior to the Effective Time (other than treasury shares and any shares of Company Common Stock held directly by Analog Devices or Merger Sub) was converted into the right to receive 0.6300 (the “Exchange Ratio”) of a fully paid and non-assessable share of common stock, par value $0.16 2/3 per share, of Analog Devices (the “Analog Devices Common Stock”), and, if applicable, cash in lieu of fractional shares, subject to any applicable tax withholding. In addition, at the Effective Time, (i) all Company restricted stock units and Company restricted shares (excluding any Company restricted stock units and Company restricted shares that by their terms become vested and settled upon the Effective Time) outstanding as of immediately prior to the Effective Time were automatically converted into restricted stock units or restricted shares, as applicable, denominated in shares of Analog Devices Common Stock based on the Exchange Ratio and (ii) all Company performance-based market stock units (“Company MSUs”) outstanding as of immediately prior to the Effective Time (other than any Company MSUs that by their terms vested and settled immediately prior to the Effective Time) were automatically converted into time-based restricted stock unit awards denominated in shares of Analog Devices Common Stock based on (x) the number of shares of Company Common Stock subject to each Company MSU after giving effect to any applicable provisions in the award agreement governing the Company MSU with respect to a “change in control” and (y) the Exchange Ratio. Other than the foregoing adjustments, the awards governing such converted restricted stock units or restricted shares, as applicable, will generally remain subject to the same vesting and other terms and conditions that applied to the awards immediately prior to the Effective Time (including the terms and conditions of the Company’s applicable change in control plans). | | |
ICFR Auditor Attestation Flag | true | | |