Fair Value Measurements (Tables)

9 Months Ended

Sep. 02, 2016

Fair Value Disclosures [Abstract]

Financial assets and liabilities at fair value on a recurring basis

The fair value of our financial assets and liabilities at September 2, 2016 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	$	7,488	$	—	$	7,488	$	—
Money market mutual funds	560,630		560,630		—		—
Time deposits	14,537		14,537		—		—
U.S. Treasury securities	2,600		—		2,600		—
Short-term investments:
Asset-backed securities	108,202		—		108,202		—
Corporate bonds and commercial paper	2,352,962		—		2,352,962		—
Municipal securities	140,357		—		140,357		—
U.S. agency securities	44,919		—		44,919		—
U.S. Treasury securities	1,032,286		—		1,032,286		—
Prepaid expenses and other current assets:
Foreign currency derivatives	19,278		—		19,278		—
Other assets:
Deferred compensation plan assets	41,690		1,214		40,476		—
Interest rate swap derivatives	28,024		—		28,024		—
Total assets	$	4,352,973	$	576,381	$	3,776,592	$	—

Liabilities:
Accrued expenses:
Foreign currency derivatives	$	1,696	$	—	$	1,696	$	—
Total liabilities	$	1,696	$	—	$	1,696	$	—

The fair value of our financial assets and liabilities at November 27, 2015 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:
Money market mutual funds	$	482,479	$	482,479	$	—	$	—
Municipal securities	1,849		—		1,849		—
Time deposits	13,461		13,461		—		—
U.S. Treasury securities	26,400		—		26,400		—
Short-term investments:
Asset-backed securities	83,314		—		83,314		—
Corporate bonds and commercial paper	1,886,914		—		1,886,914		—
Foreign government securities	1,268		—		1,268		—
Municipal securities	137,332		—		137,332		—
U.S. agency securities	130,468		—		130,468		—
U.S. Treasury securities	872,228		—		872,228		—
Prepaid expenses and other current assets:
Foreign currency derivatives	19,126		—		19,126		—
Other assets:
Deferred compensation plan assets	32,063		971		31,092		—
Interest rate swap derivatives	19,821		—		19,821		—
Total assets	$	3,706,723	$	496,911	$	3,209,812	$	—

Liabilities:
Accrued expenses:
Foreign currency derivatives	$	2,154	$	—	$	2,154	$	—
Total liabilities	$	2,154	$	—	$	2,154	$	—