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Fair Value (Tables)
 3 Months Ended
Mar. 29, 2020
Fair Value Disclosures [Abstract]  
Summary of Assets and Liabilities Measured At Fair Value On A Recurring Basis The Company’s assets and liabilities measured at fair value on a recurring basis were as follows (in thousands):
 March 29, 2020
BalanceLevel 1Level 2
Assets:
Cash equivalents$1,207,799  $1,144,800  $62,999  
Marketable securities44,144  44,144  —  
Derivative financial instruments14,683  —  14,683  
$1,266,626  $1,188,944  $77,682  
Liabilities:
Derivative financial instruments$56,976  $—  $56,976  
 December 31, 2019
Balance Level 1Level 2
Assets:
Cash equivalents$624,832  $459,885  $164,947  
Marketable securities52,575  52,575  —  
Derivative financial instruments12,649  —  12,649  
$690,056  $512,460  $177,596  
Liabilities:
Derivative financial instruments$13,934  $—  $13,934  
 March 31, 2019
Balance Level 1Level 2
Assets:
Cash equivalents$498,207  $321,300  $176,907  
Marketable securities59,899  49,896  10,003  
Derivative financial instruments16,083  —  16,083  
$574,189  $371,196  $202,993  
Liabilities:
Derivative financial instruments$7,733  $—  $7,733  
Summary of The Fair Value and Carrying Value of The Company's Financial Instruments The fair value and carrying value of the Company’s remaining financial instruments that are measured at cost or amortized cost were as follows (in thousands):
 March 29, 2020December 31, 2019March 31, 2019
 Fair ValueCarrying ValueFair ValueCarrying ValueFair ValueCarrying Value
Assets:
Finance receivables, net$7,391,948  $7,292,407  $7,419,627  $7,374,366  $7,520,418  $7,438,592  
Liabilities:
Debt:
Unsecured commercial paper$1,335,664  $1,335,664  $571,995  $571,995  $1,192,925  $1,192,925  
Asset-backed U.S. commercial paper conduit facilities$600,000  $600,000  $490,427  $490,427  $526,947  $526,947  
Asset-backed Canadian commercial paper conduit facility$155,243  $155,243  $114,693  $114,693  $142,676  $142,676  
Asset-backed securitization debt$1,139,076  $1,156,845  $768,094  $764,392  $18,674  $18,694  
Medium-term notes$4,013,409  $4,148,984  $4,816,153  $4,760,127  $4,675,767  $4,685,636  
Senior notes$685,805  $743,466  $774,949  $743,296  $719,544  $742,791