Fair Value (Tables)

3 Months Ended

Apr. 04, 2015

The fair value of financial assets and liabilities was determined using the following levels of inputs as of April 4, 2015 and January 3, 2015:



	Fair Value Measurements as of April 4, 2015:
	Total		Level 1		Level 2		Level 3
	(In thousands)
Assets
Cash equivalents:
Money market funds	$	678,426	$	678,426	$	—	$	—
Short-term investments:
Corporate debt securities	33,521		—		33,521		—
Bank certificates of deposit	18,307		—		18,307		—
United States Treasury securities	26,629		26,629		—		—
United States government agency securities	8,160		8,160		—		—
Commercial paper	4,199		—		4,199		—
Marketable equity securities	1,824		1,824		—		—
Trading securities held in Non-Qualified Deferred Compensation, or NQDC, trust	23,365		23,365		—		—
2015 Notes Hedges	429,847		—		429,847		—
Foreign currency exchange contracts	3,081		—		3,081		—
Total Assets	$	1,227,359	$	738,404	$	488,955	$	—



	Total		Level 1		Level 2		Level 3
	(In thousands)
Liabilities
2015 Notes Embedded Conversion Derivative	429,847		—		429,847		—
Total Liabilities	$	429,847	$	—	$	429,847	$	—

	Fair Value Measurements as of January 3, 2015:
	Total		Level 1		Level 2		Level 3
	(In thousands)
Assets
Cash equivalents:
Money market funds	$	728,496	$	728,496	$	—	$	—
Short-term investments:
Corporate debt securities	34,894		—		34,894		—
Bank certificates of deposit	21,910		—		21,910		—
United States Treasury securities	19,374		19,374		—		—
United States government agency securities	9,208		9,208		—		—
Commercial paper	3,186		—		3,186		—
Marketable equity securities	1,873		1,873		—		—
Trading securities held in NQDC trust	27,034		27,034		—		—
2015 Notes Hedges	523,930		—		523,930		—
Total Assets	$	1,369,905	$	785,985	$	583,920	$	—

	Total		Level 1		Level 2		Level 3
	(In thousands)
Liabilities
2015 Notes Embedded Conversion Derivative	523,930		—		523,930		—
Foreign currency exchange contracts	3,163		—		3,163		—
Total Liabilities	$	527,093	$	—	$	527,093	$	—