Debt and Credit Sources (Tables)

3 Months Ended

Apr. 03, 2016

Debt Disclosure [Abstract]

Schedule of debt

The following table summarizes the Company's outstanding debt on its Consolidated Balance Sheets:

	April 3, 2016								January 3, 2016
(In thousands)	Face Value		Short-term		Long-term		Total		Face Value		Short-term		Long-term		Total
Convertible debt:
4.00% debentures due 2023	$	425,000	$	—	$	416,525	$	416,525	$	425,000	$	—	$	416,369	$	416,369
0.875% debentures due 2021	400,000		—		396,584		396,584		400,000		—		396,424		396,424
0.75% debentures due 2018	300,000		—		298,357		298,357		300,000		—		298,167		298,167
IFC mortgage loan	25,000		14,993		9,366		24,359		32,500		14,994		16,778		31,772
CEDA loan	30,000		—		27,898		27,898		30,000		—		27,778		27,778
Non-recourse financing and other debt1	506,713		47,214		456,181		503,395		435,963		4,642		429,981		434,623
	$	1,686,713	$	62,207	$	1,604,911	$	1,667,118	$	1,623,463	$	19,636	$	1,585,497	$	1,605,133

¹  Other debt excludes payments related to capital leases, which are disclosed in Note 8.

Schedule of maturities of debt

As of April 3, 2016, the aggregate future contractual maturities of the Company's outstanding debt, at face value, were as follows:

(In thousands)	Fiscal 2016 (remaining nine months)		Fiscal 2017	Fiscal 2018	Fiscal 2019	Fiscal 2020	Thereafter	Total
Aggregate future maturities of outstanding debt	$	53,391	34,564	334,750	20,198	29,841	1,213,969	$	1,686,713

Schedule of long-term convertible debt instruments

The following table summarizes the Company's outstanding convertible debt:

	April 3, 2016						January 3, 2016
(In thousands)	Carrying Value		Face Value		Fair Value1		Carrying Value		Face Value		Fair Value1
Convertible debt:
4.00% debentures due 2023	$	416,525	$	425,000	$	432,663	$	416,369	$	425,000	$	515,903
0.875% debentures due 2021	396,584		400,000		$	310,180	396,424		400,000		340,500
0.75% debentures due 2018	298,357		300,000		321,000		298,167		300,000		396,792
	$	1,111,466	$	1,125,000	$	1,063,843	$	1,110,960	$	1,125,000	$	1,253,195

¹  The fair value of the convertible debt was determined using Level 2 inputs based on quarterly market prices as reported by an independent pricing source.