Derivative Financial Instruments (Tables)

6 Months Ended

Jul. 02, 2016

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Notional Amounts and Fair Values of Derivative Instruments

The notional amounts and fair values of derivative instruments in our consolidated balance sheet were as follows:

	Notional Amounts (1)				Fair Value
	July 2, 2016		January 2, 2016		July 2, 2016			January 2, 2016
Derivatives not receiving hedge accounting treatment recorded in:
Other current assets
Foreign exchange contracts	$	988,899	$	1,669,296	$	6,508		$	54,133
Accrued expenses
Foreign exchange contracts	1,125,976		618,961		(14,468		)	(8,217		)
Total	$	2,114,875	$	2,288,257	$	(7,960	)	$	45,916

(1) Notional amounts represent the gross amount of foreign currency bought or sold at maturity for foreign exchange contracts.

Schedule of Derivative Instruments, Gain (Loss) in Statement of Financial Performance

The amount recognized in earnings from our derivative instruments not receiving hedge accounting treatment, including ineffectiveness, is recorded in net foreign exchange gain (loss) as follows and was largely offset by the change in fair value of the underlying hedged assets or liabilities:

	Thirteen Weeks Ended					Twenty-six Weeks Ended
	July 2, 2016		July 4, 2015			July 2, 2016			July 4, 2015
Net gain (loss) recognized in earnings	$	30,818	$	(11,829	)	$	(26,152	)	$	91,894