Fair Value Measurements (Tables)

3 Months Ended

Mar. 02, 2018

Fair Value Disclosures [Abstract]

Financial assets and liabilities at fair value on a recurring basis

The fair value of our financial assets and liabilities at March 2, 2018 was determined using the following inputs (in thousands):

	Fair Value Measurements at Reporting Date Using
			Quoted Prices in Active Markets for Identical Assets		Significant Other Observable Inputs		Significant Unobservable Inputs
	Total		(Level 1)		(Level 2)		(Level 3)
Assets:
Cash equivalents:
Money market mutual funds	$	2,322,247	$	2,322,247	$	—	$	—
Time deposits	7,762		7,762		—		—
Short-term investments:
Asset-backed securities	91,257		—		91,257		—
Corporate debt securities	2,432,317		—		2,432,317		—
Foreign government securities	3,797		—		3,797		—
Municipal securities	18,981		—		18,981		—
U.S. Treasury securities	934,637		—		934,637		—
Prepaid expenses and other current assets:
Foreign currency derivatives	11,302		—		11,302		—
Other assets:
Deferred compensation plan assets	64,667		2,617		62,050		—
Total assets	$	5,886,967	$	2,332,626	$	3,554,341	$	—

Liabilities:
Accrued expenses:
Foreign currency derivatives	$	2,221	$	—	$	2,221	$	—
Other Liabilities:
Interest rate swap derivatives	8,517		—		8,517		—
Total liabilities	$	10,738	$	—	$	10,738	$	—

The fair value of our financial assets and liabilities at December 1, 2017 was determined using the following inputs (in thousands): 

	Fair Value Measurements at Reporting Date Using
			Quoted Prices in Active Markets for Identical Assets		Significant Other Observable Inputs		Significant Unobservable Inputs
	Total		(Level 1)		(Level 2)		(Level 3)
Assets:
Cash equivalents:
Money market mutual funds	$	2,006,741	$	2,006,741	$	—	$	—
Time deposits	18,843		18,843		—		—
Short-term investments:
Asset-backed securities	98,001		—		98,001		—
Corporate debt securities	2,454,260		—		2,454,260		—
Foreign government securities	2,388		—		2,388		—
Municipal securities	21,065		—		21,065		—
U.S. Treasury securities	937,988		—		937,988		—
Prepaid expenses and other current assets:
Foreign currency derivatives	14,198		—		14,198		—
Other assets:
Deferred compensation plan assets	56,690		2,573		54,117		—
Total assets	$	5,610,174	$	2,028,157	$	3,582,017	$	—

Liabilities:
Accrued expenses:
Foreign currency derivatives	$	1,598	$	—	$	1,598	$	—
Other liabilities:
Interest rate swap derivatives	1,058		—		1,058		—
Total liabilities	$	2,656	$	—	$	2,656	$	—