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Fair Value of Financial Instruments (Tables)
 6 Months Ended
Jun. 25, 2017
Fair Value Disclosures [Abstract]  
Summary of The Fair Value and Carrying Value of The Company's Financial Instruments
The following table summarizes the fair value and carrying value of the Company’s financial instruments (in thousands):
 
June 25, 2017
 
December 31, 2016
 
June 26, 2016
 
Fair Value
 
Carrying Value
 
Fair Value
 
Carrying Value
 
Fair Value
 
Carrying Value
Assets:
 
 
 
 
 
 
 
 
 
 
 
Cash and cash equivalents
$
988,476

 
$
988,476

 
$
759,984

 
$
759,984

 
$
864,670

 
$
864,670

Marketable securities
$
44,156

 
$
44,156

 
$
43,638

 
$
43,638

 
$
42,721

 
$
42,721

Derivatives
$
458

 
$
458

 
$
29,034

 
$
29,034

 
$
9,528

 
$
9,528

Finance receivables, net
$
7,401,974

 
$
7,332,535

 
$
6,921,037

 
$
6,835,458

 
$
7,369,410

 
$
7,282,045

Restricted cash
$
74,395

 
$
74,395

 
$
67,147

 
$
67,147

 
$
92,650

 
$
92,650

Liabilities:
 
 
 
 
 
 
 
 
 
 
 
Derivatives
$
4,865

 
$
4,865

 
$
142

 
$
142

 
$
1,605

 
$
1,605

Unsecured commercial paper
$
928,445

 
$
928,445

 
$
1,055,708

 
$
1,055,708

 
$
1,020,487

 
$
1,020,487

Asset-backed U.S. commercial paper conduit facilities
$
279,833

 
$
279,833

 
$
—

 
$
—

 
$
—

 
$
—

Asset-backed Canadian commercial paper conduit facility
$
138,739

 
$
138,739

 
$
149,338

 
$
149,338

 
$
161,626

 
$
161,626

Medium-term notes
$
4,623,146

 
$
4,562,403

 
$
4,139,462

 
$
4,064,940

 
$
4,239,390

 
$
4,063,297

Senior unsecured notes
$
773,084

 
$
741,633

 
$
744,552

 
$
741,306

 
$
808,227

 
$
740,982

Asset-backed securitization debt
$
521,956

 
$
521,300

 
$
797,688

 
$
796,275

 
$
1,080,416

 
$
1,074,931