Cash Equivalents and Investments (Tables)

12 Months Ended

Dec. 29, 2017

Cash and Cash Equivalents [Abstract]

Cash, Cash Equivalents and Investments

The following table summarizes the Company’s available-for-sale securities:

At the End of Fiscal Year	2017		2016
(In millions)
Available-for-sale securities:
U.S. Treasury securities	$	9.6	$	11.7
Municipal debt securities	—		10.0
Corporate debt securities	96.0		31.7
Time deposit	—		2.4
Commercial paper	100.1		77.5
Total available-for-sale securities	$	205.7	$	133.3
Reported as:
Cash and cash equivalents	$	26.8	$	22.2
Short-term investments	178.9		111.1
Total	$	205.7	$	133.3

Investments Classified by Contractual Maturity Date

The following table presents the contractual maturities of the Company's available-for-sale investments:

At the End of Fiscal Year	2017		2016
(In millions)
Due in less than 1 year	$	191.1	$	106.9
Due in 1 to 5 years	14.6		16.4
Due in 5-10 years	—		2.0
Due after 10 years	—		8.0
Total	$	205.7	$	133.3

The Company’s available-for-sale securities are liquid and may be sold to fund future operating needs. As a result, the Company recorded all of its available-for-sale securities, not classified as Cash equivalents, in Short-term investments regardless of the contractual maturity date of the securities.