Leasing (Tables)

12 Months Ended

Dec. 30, 2018

Schedule of Property Subject to or Available for Operating Lease

The following table summarizes "Solar power systems leased and to be leased, net" under operating leases on our Consolidated Balance Sheets as of December 30, 2018 and December 31, 2017:



	As of
(In thousands)	December 30, 2018			December 31, 2017
Solar power systems leased and to be leased, net^1,2:
Solar power systems leased	$	139,343		$	749,697
Solar power systems to be leased	12,158			26,830
	151,501			776,527
Less: accumulated depreciation and impairment³	(58,944		)	(407,309		)
Solar power systems leased and to be leased, net	$	92,557		$	369,218

¹Solar power systems leased and to be leased, net, are physically located exclusively in the United States.

²As of December 30, 2018 and December 31, 2017, we had pledged solar assets with an aggregate book value of zero and $112.4 million, respectively, to third-party investors as security for our contractual obligations. The book value of pledged assets represents assets legally held by the respective flip partnerships.

³For the year ended December 30, 2018, we recognized a non-cash impairment charge of $74.9 million on solar power systems leased and to be leased.

Schedule of Minimum Future Rental Receipts on Operating Leases Placed in Service

The following table presents our minimum future rental receipts on operating leases placed in service as of December 30, 2018:



(In thousands)	Fiscal 2019		Fiscal 2020		Fiscal 2021		Fiscal 2022		Fiscal 2023		Thereafter		Total
Minimum future rentals on operating leases placed in service¹	$	1,224	$	1,186	$	1,189	$	1,193	$	1,197	$	18,359	$	24,348

¹Minimum future rentals on operating leases placed in service does not include contingent rentals that may be received from customers under agreements that include performance-based incentives.

Schedule of Accounts, Notes, Loans and Financing Receivable

As of December 30, 2018 and December 31, 2017, our net investment in sales-type leases presented within "Accounts receivable, net" and "Long-term financing receivables, net" on our Consolidated Balance Sheets was as follows:



	As of
(In thousands)	December 30, 2018			December 31, 2017
Financing receivables, held for sale¹:
Minimum lease payments receivable²	$	43,939		$	690,249
Unguaranteed residual value	4,450			73,344
Unearned income	(8,859		)	(115,854		)
Allowance for estimated losses	(18,656		)	(297,972		)
Net financing receivables, held for sale	$	20,874		$	349,767
Net financing receivables - current, held for sale	$	1,282		$	19,095
Net financing receivables - non-current held for sale	$	19,592		$	330,672

¹As of December 30, 2018 and December 31, 2017, we had pledged financing receivables of zero and $113.4 million, respectively, to third-party investors as security for our contractual obligations. The book value of pledged assets represents assets legally held by the respective flip partnerships.

²Net of allowance for doubtful accounts amounting to $0.0 million and $6.1 million, as of December 30, 2018 and December 31, 2017, respectively.

Schedule of Future Maturities of Net Financing Receivables

As of December 30, 2018, future maturities of net financing receivables for sales-type leases were as follows:



(In thousands)	Fiscal 2019		Fiscal 2020		Fiscal 2021		Fiscal 2022		Fiscal 2023		Thereafter		Total
Scheduled maturities of minimum lease payments receivable¹	$	2,126	$	2,129	$	2,137	$	2,146	$	2,155	$	33,246	$	43,939

¹Minimum future rentals on sales-type leases placed in service does not include contingent rentals that may be received from customers under agreements that include performance-based incentives.