v3.6.0.2
Cash Equivalents and Investments (Tables)
 12 Months Ended
Dec. 30, 2016
Cash and Cash Equivalents [Abstract]  
Cash, Cash Equivalents and Investments
The following table summarizes the Company’s available-for-sale securities as of the end of fiscal 2016:
 
 At the end of Fiscal 2016
(Dollars in millions)
 
Available-for-sale securities:
 
  U.S. Treasury securities
$
11.7

  Municipal debt securities
10.0

  Corporate debt securities
31.7

  Time deposit
2.4

  Commercial paper
77.5

       Total available-for-sale securities
$
133.3

 
 
Reported as:
 
Cash and cash equivalents
$
22.2

Short-term investments
111.1

    Total
$
133.3
Investments Classified by Contractual Maturity Date
The following table presents the contractual maturities of the Company's available-for-sale investments as of the end of fiscal 2016.
 
 At the end of Fiscal 2016
(Dollars in millions)
 
Due in less than 1 year
$
106.9

Due in 1 to 5 years
16.4

Due in 5-10 years
2.0

Due after 10 years
8.0

     Total
$
133.3


The Company’s available-for-sale securities are liquid and may be sold in the future to fund future operating needs. As a result, the Company recorded all of its available-for-sale securities, not classified as cash equivalents, in Short-term investments as of the end of fiscal 2016, regardless of the contractual maturity date of the securities.