Balance Sheet Information (Tables)

9 Months Ended

Sep. 28, 2014

Balance Sheet Information [Abstract]

Accounts Receivable, net

Accounts receivable, net was as follows (in thousands):

	September 28, 2014			December 29, 2013
Accounts receivable from product revenue	$	1,075,956		$	904,551
Allowance for doubtful accounts	(9,462		)	(8,274		)
Price protection, promotions and other activities	(195,942		)	(213,468		)
Total accounts receivable, net	$	870,552		$	682,809

Inventory

Inventory was as follows (in thousands):

	September 28, 2014		December 29, 2013
Raw material	$	472,863	$	440,570
Work-in-process	121,530		102,543
Finished goods	187,735		213,862
Total inventory	$	782,128	$	756,975

Other Current Assets

Other current assets were as follows (in thousands):

	September 28, 2014		December 29, 2013
Income tax receivables	$	18,198	$	7,976
Other tax-related receivables	85,621		62,784
Other non-trade receivables	75,466		37,368
Prepayment to Flash Forward Ltd.	—		5,144
Derivative contract receivables	2,254		777
Prepaid expenses	25,037		12,630
Convertible note issuance costs	5,413		—
Other current assets	18,825		40,206
Total other current assets	$	230,814	$	166,885

Notes Receivable and Investments in the Flash Ventures with Toshiba

Notes receivable and investments in Flash Partners Ltd., Flash Alliance Ltd. and Flash Forward Ltd. (collectively referred to as “Flash Ventures”) were as follows (in thousands):

	September 28, 2014		December 29, 2013
Notes receivable, Flash Partners Ltd.	$	13,732	$	100,057
Notes receivable, Flash Alliance Ltd.	338,735		323,995
Notes receivable, Flash Forward Ltd.	222,009		169,144
Investment in Flash Partners Ltd.	183,606		190,694
Investment in Flash Alliance Ltd.	274,340		283,999
Investment in Flash Forward Ltd.	87,247		66,731
Total notes receivable and investments in Flash Ventures	$	1,119,669	$	1,134,620

Other Noncurrent Assets

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

	September 28, 2014		December 29, 2013
Prepaid tax onintercompany transactions	$	34,468	$	37,747
Convertible note issuance costs	11,685		20,612
Long-term prepaid income tax	—		66,176
Other non-current assets	49,461		42,895
Total other non-current assets	$	95,614	$	167,430

Other Current Accrued Liabilities

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

	September 28, 2014		December 29, 2013
Accrued payroll and related expenses	$	192,174	$	227,779
Derivative contract payables	24,031		45,741
Taxes payable	75,649		59,618
Other accrued liabilities	188,334		176,594
Total other current accrued liabilities	$	480,188	$	509,732

Non Current liabilities

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

	September 28, 2014		December 29, 2013
Income tax liabilities	$	119,131	$	205,266
Deferred tax credits on intercompany transactions	5,492		15,065
Deferred tax liabilities	25,140		3,482
Deferred revenue	36,079		35,346
Other non-current liabilities	56,649		47,924
Total non-current liabilities	$	242,491	$	307,083

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						Nine months ended
	September 28, 2014			September 29, 2013			September 28, 2014			September 29, 2013
Balance, beginning of period	$	48,742		$	38,355		$	43,624		$	38,787
Warranty liability assumed	3,794			2,363			3,794			2,363
Additions and adjustments to cost of revenue	1,746			9,224			14,104			20,142
Usage	(6,794		)	(10,973		)	(14,034		)	(22,323		)
Balance, end of period	$	47,488		$	38,969		$	47,488		$	38,969

Schedule of Accumulated Other Comprehensive Income (Loss)

AOCI 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):

	September 28, 2014			December 29, 2013
Accumulated net unrealized gain (loss) on:
Available-for-sale investments	$	8,905		$	10,479
Foreign currency translation	(86,269		)	(47,440		)
Hedging activities	(19,841		)	(39,498		)
Total accumulated other comprehensive loss	$	(97,205	)	$	(76,459	)

Allocation Of Amount Of Income Tax Benefit Expense

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

	Three months ended					Nine months ended
	September 28, 2014			September 29, 2013		September 28, 2014			September 29, 2013
Available-for-sale investments	$	(2,439	)	$	2,272	$	(841	)	$	(3,200	)
Foreign currency translation	(12,777		)	1,462		(6,805		)	(26,398		)
Total income tax expense (benefit) allocated	$	(15,216	)	$	3,734	$	(7,646	)	$	(29,598	)

Reclassification Of Accumulated Other Comprehensive Income Amounts

The significant amounts reclassified out of each component of AOCI were as follows (in thousands):

	Three months ended						Nine months ended
AOCI Component	September 28, 2014			September 29, 2013			September 28, 2014			September 29, 2013			Statement of Operations Line Item
Unrealized gain on available-for-sale investments	$	2,928		$	1,079		$	6,911		$	1,630		Interest (expense) and other income (expense), net
Tax impact	(1,053		)	(382		)	(2,447		)	(865		)	Provision for income taxes
Unrealized gain on available-for-sale investments, net of tax	1,875			697			4,464			765
Unrealized holding loss on derivatives:
Foreign exchange contracts	(6,190		)	(14,454		)	(15,240		)	(33,828		)	Cost of revenue
Foreign exchange contracts	(163		)	—			(520		)	—			Research and development
Loss on cash flow hedging activities	(6,353		)	(14,454		)	(15,760		)	(33,828		)
Total reclassifications for the period, net of tax	$	(4,478	)	$	(13,757	)	$	(11,296	)	$	(33,063	)