Financing Arrangements (Tables)

6 Months Ended

Jun. 28, 2015

Debt Instrument

Schedule of Long-term Debt Instruments

The following table reflects the carrying values of the Company’s convertible debt:

	June 28, 2015			December 28, 2014
	(In thousands)
1.5% Notes due 2017	$	996,720		$	996,788
Less: Unamortized bond discount	(104,666		)	(127,143		)
Net carrying amount of 1.5% Notes due 2017	892,054			869,645
0.5% Notes due 2020	1,500,000			1,500,000
Less: Unamortized bond discount	(277,358		)	(300,304		)
Net carrying amount of 0.5% Notes due 2020	1,222,642			1,199,696
Total convertible debt	2,114,696			2,069,341
Less: Convertible short-term debt	(892,054		)	(869,645		)
Convertible long-term debt	$	1,222,642		$	1,199,696

1.5% Sr. Convertible Notes due 2017 [Member]

Debt Instrument

Interest cost recognized for Convertible notes

1.5% Notes due 2017:

	Three months ended				Six months ended
	June 28, 2015		June 29, 2014		June 28, 2015		June 29, 2014
	(In thousands)
Contractual interest coupon	$	3,738	$	3,750	$	7,476	$	7,500
Amortization of bond issuance costs	664		666		1,329		1,333
Amortization of bond discount	11,205		10,498		22,078		20,690
Total interest cost recognized	$	15,607	$	14,914	$	30,883	$	29,523

0.5% Sr. Convertible Notes due 2020 [Member]

Debt Instrument

Interest cost recognized for Convertible notes

0.5% Notes due 2020:

	Three months ended				Six months ended
	June 28, 2015		June 29, 2014		June 28, 2015		June 29, 2014
	(In thousands)
Contractual interest coupon	$	1,875	$	1,875	$	3,750	$	3,750
Amortization of bond issuance costs	628		638		1,255		1,297
Amortization of bond discount	11,398		10,627		22,652		21,398
Total interest cost recognized	$	13,901	$	13,140	$	27,657	$	26,445