Balance Sheet Information (Tables)

3 Months Ended

Mar. 29, 2015

Balance Sheet Information [Abstract]

Accounts Receivable, net

Accounts receivable, net was as follows:

	March 29, 2015			December 28, 2014
	(In thousands)
Accounts receivable	$	780,504		$	1,134,254
Allowance for doubtful accounts	(8,784		)	(9,622		)
Promotions, price protection and other activities	(182,474		)	(282,156		)
Total accounts receivable, net	$	589,246		$	842,476

Inventory

Inventory was as follows:

	March 29, 2015		December 28, 2014
	(In thousands)
Raw material	$	366,388	$	369,860
Work-in-process	109,101		138,594
Finished goods	237,564		189,557
Total inventory	$	713,053	$	698,011

Other Current Assets

Other current assets were as follows:

	March 29, 2015		December 28, 2014
	(In thousands)
Income tax receivables	$	95,217	$	18,579
Other tax-related receivables	73,528		84,432
Other non-trade receivables	68,947		69,033
Prepaid expenses	20,878		18,579
Other current assets	32,338		24,369
Total other current assets	$	290,908	$	214,992

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:

	March 29, 2015		December 28, 2014
	(In thousands)
Notes receivable, Flash Partners Ltd.	$	28,569	$	12,454
Notes receivable, Flash Alliance Ltd.	297,034		292,677
Notes receivable, Flash Forward Ltd.	157,550		161,906
Investment in Flash Partners Ltd.	170,036		167,102
Investment in Flash Alliance Ltd.	254,652		249,459
Investment in Flash Forward Ltd.	81,837		79,219
Total notes receivable and investments in Flash Ventures	$	989,678	$	962,817

Other Noncurrent Assets

Other non-current assets were as follows:

	March 29, 2015		December 28, 2014
	(In thousands)
Prepaid tax on intercompany transactions	$	33,179	$	33,375
Long-term income tax receivable	20,454		—
Other non-current assets	71,563		75,302
Total other non-current assets	$	125,196	$	108,677

Other Current Accrued Liabilities

Other current accrued liabilities were as follows:

	March 29, 2015		December 28, 2014
	(In thousands)
Accrued payroll and related expenses	$	152,663	$	233,702
Taxes payable	34,877		74,079
Derivative contract payables	1,448		8,224
Other current accrued liabilities	220,446		190,288
Total other current accrued liabilities	$	409,434	$	506,293

Noncurrent liabilities

Non-current liabilities were as follows:

	March 29, 2015		December 28, 2014
	(In thousands)
Income tax liabilities	$	126,327	$	132,320
Deferred revenue	22,792		31,066
Deferred tax liabilities	239		22,360
Other non-current liabilities	57,976		59,808
Total non-current liabilities	$	207,334	$	245,554

Schedule of Product Warranty Liability

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

	Three months ended
	March 29, 2015			March 30, 2014
	(In thousands)
Balance, beginning of period	$	48,555		$	43,624
Additions and adjustments to cost of revenue	244			7,431
Usage	(4,167		)	(3,490		)
Balance, end of period	$	44,632		$	47,565

Schedule of Accumulated Other Comprehensive Income (Loss)

AOCI presented in the Condensed Consolidated Balance Sheets consists of unrealized gains and losses on available-for-sale investments, foreign currency translation and cash flow hedging activities, net of tax, for all periods presented:

	March 29, 2015			December 28, 2014
	(In thousands)
Accumulated net unrealized gain (loss) on:
Available-for-sale investments	$	5,461		$	3,359
Foreign currency translation	(186,777		)	(197,252		)
Cash flow hedging activities	(1,725		)	(14,179		)
Total accumulated other comprehensive loss	$	(183,041	)	$	(208,072	)

Allocation Of Amount Of Income Tax Benefit Expense

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

	Three months ended
	March 29, 2015		March 30, 2014
	(In thousands)
Available-for-sale investments	$	1,099	$	377
Foreign currency translation	1,779		3,771
Total income tax expense allocated	$	2,878	$	4,148

Reclassification Of Accumulated Other Comprehensive Income Amounts

The significant amounts reclassified out of each component of AOCI were as follows:

	Three months ended
AOCI Component	March 29, 2015			March 30, 2014			Statement of Operations Line Item
	(In thousands)
Unrealized gain on available-for-sale investments	$	1,997		$	570		Interest (expense) and other income (expense), net
Tax impact	(722		)	(195		)	Provision for (benefit from) income taxes
Unrealized gain on available-for-sale investments, net of tax	1,275			375
Unrealized holding loss on cash flow hedging activities:
Foreign exchange contracts	(11,605		)	(1,361		)	Cost of revenue
Foreign exchange contracts	—			(203		)	Research and development
Loss on cash flow hedging activities	(11,605		)	(1,564		)
Total reclassifications for the period, net of tax	$	(10,330	)	$	(1,189	)