Quarterly report pursuant to Section 13 or 15(d)

Fair Value Measurements (Tables)

v3.5.0.2
Fair Value Measurements (Tables)
6 Months Ended
Jul. 02, 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  

June 2016

           

Financial assets:

           

Cash equivalents:

           

Money market funds

   $ 292,163       $ 292,163       $ —         $ —     

Time deposits

     37,562         37,562         —           —     

Derivative financial instruments

     91,691         —           91,691         —     

Investment securities

     194,057         175,220         18,837         —     

Financial liabilities:

           

Derivative financial instruments

     33,451         —           33,451         —     

Deferred compensation

     237,018         —           237,018         —     

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 half of 2016 or the year ended December 2015.