Balance Sheet Information (Tables)

3 Months Ended

Apr. 01, 2012

Balance Sheet Information [Abstract]

Accounts Receivable from Product Revenues, net

Accounts receivable from product revenues, net, were as follows (in thousands):

	April 1, 2012			January 1, 2012
Trade accounts receivable	$	524,517		$	692,702
Allowance for doubtful accounts	(4,355		)	(5,717		)
Price protection, promotions and other activities	(157,582		)	(165,222		)
Total accounts receivable from product revenues, net	$	362,580		$	521,763

Inventory

Inventory was as follows (in thousands):

	April 1, 2012		January 1, 2012
Raw material	$	489,769	$	398,308
Work-in-process	111,785		89,332
Finished goods	162,449		190,742
Total inventory	$	764,003	$	678,382

Other Current Assets

Other current assets were as follows (in thousands):

	April 1, 2012		January 1, 2012
Royalty and other receivables	$	8,862	$	53,443
Other non-trade receivable	20,272		26,875
Prepaid expenses	14,391		17,274
Tax-related receivables	114,856		67,157
Prepayment to Flash Forward	20,577		20,577
Other current assets	13,201		21,093
Total other current assets	$	192,159	$	206,419

Notes Receivable and Investments in the Flash Ventures with Toshiba

Notes receivable and investments in Flash Ventures were as follows (in thousands):

	April 1, 2012		January 1, 2012
Notes receivable, Flash Partners Ltd.	$	212,766	$	291,564
Notes receivable, Flash Alliance Ltd.	913,070		973,176
Notes receivable, Flash Forward Ltd.	79,027		32,396
Investment in Flash Partners Ltd.	240,879		258,184
Investment in Flash Alliance Ltd.	345,632		368,459
Investment in Flash Forward Ltd.	30,467		19,516
Total notes receivable and investments in Flash Ventures	$	1,821,841	$	1,943,295

Schedule of Other Assets, Noncurrent

Other non-current assets were as follows (in thousands):

	April 1, 2012		January 1, 2012
Prepaid tax onintercompany transactions	$	45,396	$	46,489
Prepayment to Flash Forward	20,577		29,396
Convertible note issuance costs	12,066		12,992
Deposits	6,508		6,375
Long-term prepaid income tax	63,008		3,956
Other non-current assets	25,695		23,407
Total other non-current assets	$	173,250	$	122,615

Other Current Accrued Liabilities

Other current accrued liabilities were as follows (in thousands):

	April 1, 2012		January 1, 2012
Accrued payroll and related expenses	$	79,006	$	132,182
Derivative contract payables	102,003		40,045
Taxes payable	11,304		61,144
Other accrued liabilities	107,081		104,146
Total other current accrued liabilities	$	299,394	$	337,517

Non Current liabilities

Non-current liabilities were as follows (in thousands):

	April 1, 2012		January 1, 2012
Deferred tax liability	$	34,847	$	44,262
Income tax liabilities	217,455		218,994
Deferred credits on intercompany transactions	68,335		67,926
Other non-current liabilities	131,144		84,342
Total non-current liabilities	$	451,781	$	415,524

Schedule of Product Warranty Liability

The liability for warranty expense is included in Other current accrued liabilities and Non-current liabilities in the accompanying Condensed Consolidated Balance Sheets and the activity was as follows (in thousands):

	Three months ended
	April 1, 2012			April 3, 2011
Balance, beginning of period	$	26,957		$	24,702
Additions and adjustments to cost of product revenues	10,406			559
Usage	(5,244		)	(4,056		)
Balance, end of period	$	32,119		$	21,205

Accumulated Other Comprehensive Income

Accumulated other comprehensive income presented in the accompanying Condensed Consolidated Balance Sheets consists of unrealized gains and losses on available-for-sale investments, foreign currency translation and hedging activities, net of tax, for all periods presented (in thousands):

	April 1, 2012			January 1, 2012
Accumulated net unrealized gain (loss) on:
Available-for-sale investments	$	16,067		$	10,849
Foreign currency translation	212,002			300,788
Hedging activities	(54,311		)	21,064
Total accumulated other comprehensive income	$	173,758		$	332,701

Allocation Of Amount Of Income Tax Benefit Expense

The amount of income tax (benefit) expense allocated to unrealized gain on available-for-sale investments, hedging activities and foreign currency translation was as follows (in thousands):

	Three months ended
	April 1, 2012			April 3, 2011
Available-for-sale investments	$	2,993		$	1,681
Foreign currency translation	(14,195		)	(7,373		)
Hedging activities	—			(538		)
	$	(11,202	)	$	(6,230	)