The fair value of our financial assets and liabilities at March 2, 2012 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:
Corporate bonds and commercial paper	$	2,250	$	—	$	2,250	$	—
Money market mutual funds and repurchase agreements	508,013		508,013		—		—
Time deposits	55,325		55,325		—		—
U.S. Treasury securities	11,408		—		11,408		—
Short-term investments:
Corporate bonds and commercial paper	1,049,335		—		1,049,335		—
Foreign government securities	3,274		—		3,274		—
Marketable equity securities	18,397		18,397		—		—
Municipal securities	120,797		—		120,797		—
U.S. agency securities	438,828		—		438,828		—
U.S. Treasury securities	334,224		—		334,224		—
Prepaid expenses and other current assets:
Foreign currency derivatives	29,164		—		29,164		—
Other assets:
Deferred compensation plan assets	15,041		375		14,666		—
Total assets	$	2,586,056	$	582,110	$	2,003,946	$	—



Liabilities:
Accrued expenses:
Foreign currency derivatives	$	4,074	$	—	$	4,074	$	—
Total liabilities	$	4,074	$	—	$	4,074	$	—

The fair value of our financial assets and liabilities at December 2, 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:
Corporate bonds and commercial paper	$	15,948	$	—	$	15,948	$	—
Money market mutual funds and repurchase agreements	687,152		687,152		—		—
Time deposits	15,694		15,694		—		—
U.S. agency securities	2,500		—		2,500		—
U.S. Treasury securities	7,000		—		7,000		—
Short-term investments:
Corporate bonds and commercial paper	1,111,537		—		1,111,537		—
Foreign government securities	7,323		—		7,323		—
Marketable equity securities	12,267		12,267		—		—
Municipal securities	106,355		—		106,355		—
U.S. agency securities	375,893		—		375,893		—
U.S. Treasury securities	308,817		—		308,817		—
Prepaid expenses and other current assets:
Foreign currency derivatives	25,362		—		25,362		—
Other assets:
Deferred compensation plan assets	12,803		523		12,280		—
Total assets	$	2,688,651	$	715,636	$	1,973,015	$	—



Liabilities:
Accrued expenses:
Foreign currency derivatives	$	3,881	$	—	$	3,881	$	—
Total liabilities	$	3,881	$	—	$	3,881	$	—