Quarterly report pursuant to Section 13 or 15(d)

Fair Value Measurements (Tables)

v3.5.0.2
Fair Value Measurements (Tables)
 9 Months Ended
Oct. 01, 2016
Classes of Financial Assets and Financial Liabilities Measured and Recorded at Fair Value on Recurring Basis

The following table summarizes financial assets and financial liabilities that are measured and recorded in the consolidated financial statements at fair value on a recurring basis:

 

     Total      Fair Value Measurement Using (a)  
In thousands    Fair Value      Level 1      Level 2      Level 3  

September 2016

            

Financial assets:

            

Cash equivalents:

            

Money market funds

    $ 460,504       $ 460,504       $ —         $ —     

Time deposits

      32,987         32,987         —           —     

Derivative financial instruments

      75,497         —           75,497         —     

Investment securities

      204,384         186,176         18,208         —     

Financial liabilities:

            

Derivative financial instruments

      32,181         —           32,181         —     

Deferred compensation

      237,175         —           237,175         —     

December 2015

            

Financial assets:

            

Cash equivalents:

            

Money market funds

    $ 495,264       $ 495,264       $ —         $ —     

Time deposits

      39,813         39,813         —           —     

Derivative financial instruments

      105,791         —           105,791         —     

Investment securities

      203,797         190,792         13,005         —     

Financial liabilities:

            

Derivative financial instruments

      28,032         —           28,032         —     

Deferred compensation

      252,723         —           252,723         —     

 

(a) There were no transfers among the levels within the fair value hierarchy during the first nine months of 2016 or the year ended December 2015.