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Financial Instruments (Tables) | 9 Months Ended
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Sep. 29, 2018
Investments, Debt and Equity Securities [Abstract] |
Cash, Cash Equivalents, and Marketable Securities | Cash and financial instruments measured and recorded at fair value as of September 29, 2018 and December 30, 2017 are summarized below:
| Total Fair Value |  | Cash and Cash Equivalents |  | Short-Term Marketable Securities
| (In millions)
September 29, 2018 |  |  |  |  |
Cash | $ | 92 |  |  | $ | 92 |  |  | $ | — |
Level 1(1) (2) |  |  |  |  |
Government money market funds | $ | 205 |  |  | $ | 205 |  |  | $ | — |
Total level 1 | $ | 205 |  |  | $ | 205 |  |  | $ | — |
Level 2(1) (3) |  |  |  |  |
Commercial paper | $ | 759 |  |  | $ | 749 |  |  | $ | 10 |
Total level 2 | $ | 759 |  |  | $ | 749 |  |  | $ | 10 |
Total | $ | 1,056 |  |  | $ | 1,046 |  |  | $ | 10 |
| Total Fair Value |  | Cash and Cash Equivalents
| (In millions)
December 30, 2017 |  |  |
Cash | $ | 108 |  |  | $ | 108 |
Level 1(1) (2) |  |  |
Government money market funds | $ | 395 |  |  | $ | 395 |
Total level 1 | $ | 395 |  |  | $ | 395 |
Level 2(1) (3) |  |  |
Commercial paper | $ | 682 |  |  | $ | 682 |
Total level 2 | $ | 682 |  |  | $ | 682 |
Total | $ | 1,185 |  |  | $ | 1,185 |
(1) | The Company did not have any transfers between Level 1 and Level 2 of the fair value hierarchy during the three and nine months ended September 29, 2018 or the year ended December 30, 2017.
(2) | The Company’s Level 1 assets are valued using quoted prices for identical instruments in active markets.
(3) | The Company’s Level 2 assets are valued using broker reports that utilize quoted prices for identical instruments in markets that are not active or comparable instruments in active markets. Brokers gather observable inputs for all of the Company’s fixed income securities from a variety of industry data providers and other third-party sources.
Financial Instruments Not Recorded at Fair Value on a Recurring Basis | The carrying amounts and estimated fair values of financial instruments not recorded at fair value are as follows:
| September 29, 2018 |  | December 30, 2017
| Carrying Amount |  | Estimated Fair Value |  | Carrying Amount |  | Estimated Fair Value
| (In millions)
Short-term debt | $ | 136 |  |  | $ | 137 |  |  | $ | 70 |  |  | $ | 70 |
Long-term debt, net(1) | $ | 1,167 |  |  | $ | 3,830 |  |  | $ | 1,324 |  |  | $ | 2,103 |
(1) | Carrying amounts of long-term debt are net of unamortized debt issuance costs of $17 million as of September 29, 2018 and $19 million as of December 30, 2017, and net of unamortized debt discount associated with the 2.125% Notes of $268 million as of September 29, 2018 and $286 million as of December 30, 2017.
Schedule of Derivative Instruments, Gains (Losses) in Statement of Operations | The following table shows the amount of gains (losses) included in accumulated other comprehensive income (loss), the amount of gains (losses) reclassified from accumulated other comprehensive income (loss) and included in earnings related to foreign currency forward contracts designated as cash flow hedges and the amount of gains (losses) included in other income (expense), net, related to contracts not designated as hedging instruments which was allocated in the consolidated statements of operations:
| Three Months Ended |  | Nine Months Ended
| September 29, 2018 |  | September 30, 2017 |  | September 29, 2018 |  | September 30, 2017
| (In millions)
Foreign Currency Forward Contracts - gains (losses) |  |  |  |  |  |  |
Contracts designated as cash flow hedging instruments |  |  |  |  |  |  |
Other comprehensive income (loss) | $ | — |  |  | $ | 1 |  |  | $ | (16 | ) |  | $ | 8 |
Research and development | (4 | ) |  | 3 |  |  | — |  |  | 4 |
Marketing, general and administrative | (1 | ) |  | 1 |  |  | — |  |  | 1 |
Contracts not designated as hedging instruments |  |  |  |  |  |  |
Other income (expense), net | $ | — |  |  | $ | (2 | ) |  | $ | (2 | ) |  | $ | (3 | )
Schedule of Fair Value Amounts of Foreign Currency Forward Contracts in Balance Sheet | The following table shows the fair value amounts included in Other current assets should the foreign currency forward contracts be in a gain position or included in Other current liabilities should these contracts be in a loss position. These amounts were recorded in the Company’s condensed consolidated balance sheets as follows:
| September 29, 2018 |  | December 30, 2017
| (In millions)
Foreign Currency Forward Contracts - gains (losses) |  |  |
Contracts designated as cash flow hedging instruments | $ | (10 | ) |  | $ | 7 |

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- Definition This schedule represents the amounts as included on the statement of financial position for the financial instruments (as defined), including financial assets and financial liabilities (collectively, as defined) for which related fair value disclosure is being provided. The amounts as included in the statement of financial position may also be referred to as the carrying amount or reported amount. Net carrying amount is not an indication of an asset's fair value, but in certain circumstances the carrying value and fair value may be identical, such as in the case of trade receivables and payables where carrying amount may approximate fair value. Likewise, this schedule applies to items which contain a sub-component that may be measured at fair value for financial statement reporting purposes or which is in its entirety carried at fair value. + References No definition available. + Details
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- Definition Tabular disclosure of assets, including [financial] instruments measured at fair value that are classified in stockholders' equity, if any, by class that are measured at fair value on a recurring basis. The disclosures contemplated herein include the fair value measurements at the reporting date by the level within the fair value hierarchy in which the fair value measurements in their entirety fall, segregating fair value measurements using quoted prices in active markets for identical assets (Level 1), significant other observable inputs (Level 2), and significant unobservable inputs (Level 3). + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=99377789&loc=d3e19207-110258 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=99377789&loc=d3e19190-110258 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=99377789&loc=d3e19207-110258 + Details
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- Definition Tabular disclosure of the location and amount of derivative instruments and nonderivative instruments designated as hedging instruments reported before netting adjustments, and the amount of gain (loss) on derivative instruments and nonderivative instruments designated and qualified as hedging instruments. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 4E -URI http://asc.fasb.org/extlink&oid=109980867&loc=SL5624181-113959 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 4A -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=109980867&loc=SL5618551-113959 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 4C -URI http://asc.fasb.org/extlink&oid=109980867&loc=SL5624171-113959 + Details
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- Definition Tabular disclosure of the presentation of foreign exchange contracts on the statement of financial position, including the fair value amounts and location of such amounts. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 4B -Subparagraph (c)(1) -URI http://asc.fasb.org/extlink&oid=109980867&loc=SL5624163-113959 + Details
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