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Fair Value of Financial Instruments (Tables)
 3 Months Ended
Mar. 26, 2017
Fair Value Disclosures [Abstract]  
Summary of The Fair Value and Carrying Value of The Company's Financial Instruments
The following table summarizes the fair value and carrying value of the Company’s financial instruments (in thousands):
 
March 26, 2017
 
December 31, 2016
 
March 27, 2016
 
Fair Value
 
Carrying Value
 
Fair Value
 
Carrying Value
 
Fair Value
 
Carrying Value
Assets:
 
 
 
 
 
 
 
 
 
 
 
Cash and cash equivalents
$
839,700

 
$
839,700

 
$
759,984

 
$
759,984

 
$
694,013

 
$
694,013

Marketable securities
$
46,678

 
$
46,678

 
$
43,638

 
$
43,638

 
$
83,689

 
$
83,689

Derivatives
$
12,446

 
$
12,446

 
$
29,034

 
$
29,034

 
$
3,651

 
$
3,651

Finance receivables, net
$
7,225,210

 
$
7,146,122

 
$
6,921,037

 
$
6,835,458

 
$
7,462,125

 
$
7,376,566

Restricted cash
$
90,279

 
$
90,279

 
$
67,147

 
$
67,147

 
$
114,924

 
$
114,924

Liabilities:
 
 
 
 
 
 
 
 
 
 
 
Derivatives
$
1,052

 
$
1,052

 
$
142

 
$
142

 
$
3,176

 
$
3,176

Unsecured commercial paper
$
953,357

 
$
953,357

 
$
1,055,708

 
$
1,055,708

 
$
869,972

 
$
869,972

Global credit facilities
$
—

 
$
—

 
$
—

 
$
—

 
$
101

 
$
101

Asset-backed U.S. commercial paper conduit facilities
$
286,205

 
$
286,205

 
$
—

 
$
—

 
$
—

 
$
—

Asset-backed Canadian commercial paper conduit facility
$
141,013

 
$
141,013

 
$
149,338

 
$
149,338

 
$
153,311

 
$
153,311

Medium-term notes
$
4,234,664

 
$
4,163,797

 
$
4,139,462

 
$
4,064,940

 
$
4,217,449

 
$
4,061,832

Senior unsecured notes
$
755,646

 
$
741,469

 
$
744,552

 
$
741,306

 
$
777,336

 
$
740,821

Asset-backed securitization debt
$
685,953

 
$
685,374

 
$
797,688

 
$
796,275

 
$
1,288,292

 
$
1,286,729