The fair value of our financial assets and liabilities at June 3, 2011 was determined using the following inputs (in thousands):



	Fair Value Measurements at Reporting Date Using
			Quoted Prices in Active Markets for Identical Assets		Significant Other Observable Inputs		Significant Unobservable Inputs
	Total		(Level 1)		(Level 2)		(Level 3)
Assets:
Cash equivalents:
Commercial paper	$	28,044	$	—	$	28,044	$	—
Foreign government securities	—		—		—		—
Money market mutual funds and repurchase agreements	576,878		576,878		—		—
Municipal securities	601		—		601		—
Time deposits	40,916		40,916		—		—
U.S. agency securities	—		—		—		—
U.S. Treasury securities	—		—		—		—
Short-term investments:
Corporate bonds and commercial paper	1,047,918		—		1,047,918		—
Foreign government securities	16,580		—		16,580		—
Marketable equity securities	13,110		13,110		—		—
Municipal securities	118,633		—		118,633		—
U.S. agency securities	215,703		—		215,703		—
U.S. Treasury securities	386,101		—		386,101		—
Prepaid expenses and other current assets:
Foreign currency derivatives	10,026		—		10,026		—
Other assets:
Deferred compensation plan assets	12,822		522		12,300		—
Total assets	$	2,467,332	$	631,426	$	1,835,906	$	—



Liabilities:
Accrued expenses:
Foreign currency derivatives	$	8,723	$	—	$	8,723	$	—
Total liabilities	$	8,723	$	—	$	8,723	$	—

The fair value of our financial assets and liabilities at December 3, 2010 was determined using the following inputs (in thousands):



	Fair Value Measurements at Reporting Date Using
			Quoted Prices in Active Markets for Identical Assets		Significant Other Observable Inputs		Significant Unobservable Inputs
	Total		(Level 1)		(Level 2)		(Level 3)
Assets:
Cash equivalents:
Commercial paper	$	41,389	$	—	$	41,389	$	—
Money market mutual funds and repurchase agreements	477,259		477,259		—		—
Municipal securities	350		—		350		—
Time deposits	64,006		64,006		—		—
U.S. Treasury securities	68,196		—		68,196		—
Short-term investments:
Corporate bonds and commercial paper	984,518		—		984,518		—
Foreign government securities	33,386		—		33,386		—
Marketable equity securities	11,184		11,184		—		—
Municipal securities	119,605		—		119,605		—
U.S. agency securities	230,371		—		230,371		—
U.S. Treasury securities	339,060		—		339,060		—
Prepaid expenses and other current assets:
Foreign currency derivatives	18,821		—		18,821		—
Other assets:
Deferred compensation plan assets	11,071		617		10,454		—
Total assets	$	2,399,216	$	553,066	$	1,846,150	$	—



Liabilities:
Accrued expenses:
Foreign currency derivatives	$	1,945	$	—	$	1,945	$	—
Total liabilities	$	1,945	$	—	$	1,945	$	—