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Equity Investments Equity Method Investments (Tables)
12 Months Ended
Dec. 30, 2018
Equity Method Investments and Joint Ventures [Abstract]  
Equity Method Investments
The carrying value of our equity investments, classified as "Other long-term assets" in our Consolidated Balance Sheets, are as follows:
 
 
As of
(In thousands)
 
December 30, 2018
 
December 31, 2017
Equity method investments:
 
 
 
 
Dongfang
 
$
32,784

 
$
24,562

SunStrong Capital Holdings, LLC
 
8,831

 

8point3
 

 
382,678

Diamond Energy
 

 
4,256

Project entities
 
2,044

 
38,504

Total equity method investments
 
43,659

 
450,000

Equity investments with readily determinable fair value:
 
 
 
 
Enphase
 
36,225

 

Total equity investments with readily determinable fair value
 
36,225

 

Equity investments without readily determinable fair value:
 
 
 
 
Tendril
 

 
22,922

Project entities
 
2,951

 
7,059

Other equity investments without readily determinable fair value
 
5,859

 
5,859

Total equity investments without readily determinable fair value
 
8,810

 
35,840

Total equity investments
 
$
88,694

 
$
485,840




Schedule of Related Party Transactions
The following related party balances and amounts are associated with transactions entered into with Total and its Affiliates:
 
 
As of
(In thousands)
 
December 30, 2018
 
December 31, 2017
Accounts receivable
 
$
3,823

 
$
2,366

Contract assets
 
$
18

 
$
154

Contract liabilities, current portion1 
 
$
18,408

 
$
12,744

Contract liabilities, net of current portion1 
 
$
45,258

 
$
68,880


1 Refer to Note 10. Commitments and Contingencies - Advances from Customers.
 
 
Fiscal Year Ended
(In thousands)
 
2018
 
2017
 
2016
Revenue:
 
 
 
 
 
 
EPC, O&M, and components revenue
 
$
28,094

 
$
42,968

 
$
64,719

Cost of revenue:
 
 
 
 
 
 
EPC, O&M, and components cost of revenue
 
$
16,382

 
$
30,400

 
$
60,799

Research and development expense:
 
 
 
 
 
 
Offsetting contributions received under the R&D Agreement
 
$
(93
)
 
$
(138
)
 
$
(557
)
Interest expense:
 
 
 
 
 
 
Guarantee fees incurred under the Credit Support Agreement
 
$
5,312

 
$
6,325

 
$
7,130

Interest expense incurred on the 0.75% debentures due 2018
 
$
547

 
$
1,500

 
$
1,500

Interest expense incurred on the 0.875% debentures due 2021
 
$
2,188

 
$
2,188

 
$
2,188

Interest expense incurred on the 4.00% debentures due 2023
 
$
4,000

 
$
4,000

 
$
4,000

Related-party transactions with investees are as follows:
 
 
As of
(In thousands)
 
December 30, 2018
 
December 31, 2017
Accounts receivable
 
$
19,062

 
$
1,275

Accounts payable
 
7,982

 
3,764

Accrued liabilities
 
22,364

 
4,161

Contract liabilities
 

 
175

Other long-term liabilities
 

 
29,245

 
 
Fiscal Year Ended
(In thousands)
 
2018
 
2017
 
2016
Payments made to investees for products/services
 
$
80,150

 
$

 
$
337,831

Revenues and fees received from investees for products/services1
 
9,717

 
31,459

 
317,314


1Includes a portion of proceeds received from tax equity investors in connection with 8point3 Energy Partners transactions.