Annual report pursuant to Section 13 and 15(d)

FAIR VALUE MEASUREMENTS (Tables)

v3.8.0.1
FAIR VALUE MEASUREMENTS (Tables)
 12 Months Ended
Dec. 30, 2017
Fair Value Disclosures [Abstract]  
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:
 
 
 
Fair Value Measurement Using (a)
(In thousands)
Total Fair
Value
 
Level 1
 
Level 2
 
Level 3
December 2017
 
 
 
 
 
 
 
Financial assets:
 
 
 
 
 
 
 
Cash equivalents:
 
 
 
 
 
 
 
Money market funds
$
265,432

 
$
265,432

 
$
—

 
$
—

Time deposits
13,591

 
13,591

 
—

 
—

Derivative financial instruments
22,970

 
—

 
22,970

 
—

Investment securities
197,837

 
185,723

 
12,114

 
—

Financial liabilities:
 
 
 
 
 
 
 
Derivative financial instruments
100,038

 
—

 
100,038

 
—

Deferred compensation
235,359

 
—

 
235,359

 
—

December 2016
 
 
 
 
 
 
 
Financial assets:
 
 
 
 
 
 
 
Cash equivalents:
 
 
 
 
 
 
 
Money market funds
$
840,842

 
$
840,842

 
$
—

 
$
—

Time deposits
14,774

 
14,774

 
—

 
—

Derivative financial instruments
103,340

 
—

 
103,340

 
—

Investment securities
194,853

 
177,788

 
17,065

 
—

Financial liabilities:
 
 
 
 
 
 
 
Derivative financial instruments
25,574

 
—

 
25,574

 
—

Deferred compensation
230,900

 
—

 
230,900

 
—

(a) 
There were no transfers among the levels within the fair value hierarchy during 2017 or 2016.