Fair Value (Tables)

6 Months Ended

Jul. 04, 2015

Fair Value Disclosures [Abstract]

Fair value of financial assets and liabilities

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

	Fair Value Measurements as of July 4, 2015:
	Total		Level 1		Level 2		Level 3
	(In thousands)
Assets
Cash equivalents:
Money market funds	$	415,443	$	415,443	$	—	$	—
Short-term investments:
Corporate debt securities	36,258		—		36,258		—
Bank certificates of deposit	13,107		—		13,107		—
United States Treasury securities	34,040		34,040		—		—
United States government agency securities	7,159		7,159		—		—
Commercial paper	4,195		—		4,195		—
Marketable equity securities	1,801		1,801		—		—
Trading securities held in Non-Qualified Deferred Compensation, or NQDC, trust	24,226		24,226		—		—
Total Assets	$	536,229	$	482,669	$	53,560	$	—
	Total		Level 1		Level 2		Level 3
	(In thousands)
Liabilities
Foreign currency exchange contracts	536		—		536		—
Total Liabilities	$	536	$	—	$	536	$	—

	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	$	—