Quarterly report pursuant to Section 13 or 15(d)

Fair Value Measurements (Tables)

v3.7.0.1
Fair Value Measurements (Tables)
 6 Months Ended
Jul. 01, 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:
 
Total Fair  Value
 
Fair Value Measurement Using (a)
In thousands
 
Level 1
 
Level 2
 
Level 3
June 2017
 
 
 
 
 
 
 
Financial assets:
 
 
 
 
 
 
 
Cash equivalents:
 
 
 
 
 
 
 
Money market funds
$
363,279

 
$
363,279

 
$
—

 
$
—

Time deposits
12,342

 
12,342

 
—

 
—

Derivative financial instruments
36,265

 
—

 
36,265

 
—

Investment securities
205,079

 
190,380

 
14,699

 
—

Financial liabilities:
 
 
 
 
 
 
 
Derivative financial instruments
52,634

 
—

 
52,634

 
—

Deferred compensation
236,413

 
—

 
236,413

 
—

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
196,738

 
179,673

 
17,065

 
—

Financial liabilities:
 
 
 
 
 
 
 
Derivative financial instruments
25,574

 
—

 
25,574

 
—

Deferred compensation
232,214

 
—

 
232,214

 
—

 
(a) 
There were no transfers among the levels within the fair value hierarchy during the first half of 2017 or the year ended December 2016.