Investments

3 Months Ended

Apr. 04, 2015

Investments [Abstract]

Investments

Investments

Available-for-sale investments at April 4, 2015 were as follows:

(In thousands)	Adjusted Cost		Gross Unrealized Gains		Gross Unrealized Losses			Fair Value
Cash equivalents:
Money market funds	$	29,679	$	—	$	—		$	29,679
Time deposits	8,398		—		—			8,398
Government and corporate bonds	1,035		—		—			1,035
Total cash equivalents	39,112		—		—			39,112
Short-term investments:
Time deposits	27,246		—		—			27,246
Commercial paper	2,600		—		(1		)	2,599
Government and corporate bonds	263,937		105		(60		)	263,982
Total short-term investments	293,783		105		(61		)	293,827
Long-term investments:
Government and corporate bonds	191,890		125		(46		)	191,969
Total available-for-sale investments	$	524,785	$	230	$	(107	)	$	524,908

Available-for-sale investments at January 3, 2015 were as follows:

(In thousands)	Adjusted Cost		Gross Unrealized Gains		Gross Unrealized Losses			Fair Value
Cash equivalents:
Money market funds	$	189,137	$	—	$	—		$	189,137
Time deposits	9,989		—		—			9,989
Commercial paper	115,638		—		—			115,638
Total cash equivalents	314,764		—		—			314,764
Short-term investments:
Time deposits	52,830		—		(1		)	52,829
Commercial paper	435,555		1		(12		)	435,544
Government and corporate bonds	297,311		69		(90		)	297,290
Total short-term investments	785,696		70		(103		)	785,663
Long-term investments:
Government and corporate bonds	219,439		26		(500		)	218,965
Total available-for-sale investments	$	1,319,899	$	96	$	(603	)	$	1,319,392

We sold available-for-sale investments for proceeds of $55 million during the three months endedMarch 29, 2014, resulting in insignificant gains.