Financing Arrangements (Tables)

3 Months Ended

Apr. 03, 2016

Debt Instrument

Schedule of Long-term Debt Instruments

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

	April 3, 2016			January 3, 2016
	(In thousands)
1.5% Notes due 2017	$	996,715		$	996,715
Less: Unamortized bond discount	(68,649		)	(80,488		)
Less: Unamortized bond issuance costs	(2,580		)	(3,049		)
Net carrying amount of 1.5% Notes due 2017	925,486			913,178
0.5% Notes due 2020	1,500,000			1,500,000
Less: Unamortized bond discount	(241,104		)	(252,940		)
Less: Unamortized bond issuance costs	(8,804		)	(9,284		)
Net carrying amount of 0.5% Notes due 2020	1,250,092			1,237,776
Total convertible debt	2,175,578			2,150,954
Less: Convertible short-term debt	(2,175,578		)	(913,178		)
Convertible long-term debt	$	—		$	1,237,776

1.5% Sr. Convertible Notes due 2017 [Member]

Debt Instrument

Interest cost recognized for Convertible notes

The following table presents the amount of interest cost recognized relating to the contractual interest coupon, amortization of the bond discount on the liability component of the1.5% Notes due 2017and amortization of bond issuance costs:

	Three months ended
	April 3, 2016		March 29, 2015
	(In thousands)
Contractual interest coupon	$	3,738	$	3,738
Amortization of bond discount	11,644		10,873
Amortization of bond issuance costs	664		665
Total interest cost recognized	$	16,046	$	15,276

0.5% Sr. Convertible Notes due 2020 [Member]

Debt Instrument

Interest cost recognized for Convertible notes

The following table presents the amount of interest cost recognized relating to the contractual interest coupon, amortization of the bond discount on the liability component of the0.5% Notes due 2020and amortization of bond issuance costs:

	Three months ended
	April 3, 2016		March 29, 2015
	(In thousands)
Contractual interest coupon	$	1,875	$	1,875
Amortization of bond discount	11,689		11,254
Amortization of bond issuance costs	627		627
Total interest cost recognized	$	14,191	$	13,756