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Fair Value Measurements (Tables) | 12 Months Ended
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Jan. 02, 2022
Fair Value Disclosures [Abstract] |
Carrying Amounts and Fair Values of Certain Assets | The following table summarizes the carrying amounts and fair values of certain assets at January 2, 2022:
|  | At January 2, 2022 |
|  |  |  |  | Fair Value Estimated Using |
|  | Carrying |  |  | Level 1 |  |  | Level 2 |  |  | Level 3 |
|  | Amount |  |  | Inputs |  |  | Inputs |  |  | Inputs |
Cash equivalents |  | $ | 87,384 |  |  | $ | 87,384 |  |  | $ | — |  |  | $ | — |
Restricted cash equivalents |  |  | 115,185 |  |  |  | 115,185 |  |  |  | — |  |  |  | — |
Investments in marketable securities |  |  | 15,433 |  |  |  | 15,433 |  |  |  | — |  |  |  | — |
Advertising fund cash equivalents, restricted |  |  | 140,115 |  |  |  | 140,115 |  |  |  | — |  |  |  | — |
Investments |  |  | 125,840 |  |  |  | — |  |  |  | — |  |  |  | 125,840 |
The following table summarizes the carrying amounts and fair values of certain assets at January 3, 2021:
|  | At January 3, 2021 |
|  |  |  |  | Fair Value Estimated Using |
|  | Carrying |  |  | Level 1 |  |  | Level 2 |  |  | Level 3 |
|  | Amount |  |  | Inputs |  |  | Inputs |  |  | Inputs |
Cash equivalents |  | $ | 151,502 |  |  | $ | 151,502 |  |  | $ | — |  |  | $ | — |
Restricted cash equivalents |  |  | 126,595 |  |  |  | 126,595 |  |  |  | — |  |  |  | — |
Investments in marketable securities |  |  | 13,251 |  |  |  | 13,251 |  |  |  | — |  |  |  | — |
Advertising fund cash equivalents, restricted |  |  | 104,197 |  |  |  | 104,197 |  |  |  | — |  |  |  | — |
Investments |  |  | 40,000 |  |  |  | — |  |  |  | — |  |  |  | 40,000 |
Summary of Reconciliation of the Carrying Amount of the Company's Investment in Dash Brands | The following table summarizes the reconciliation of the carrying amount of the Company’s investment in DPC Dash from the opening balance at January 3, 2021 to the closing balance at January 2, 2022.
|  | Fiscal 2021 |
|  | Carrying Amount |  |  |  |  |  |  |  |  | Carrying Amount |
|  | January 3, |  |  |  |  |  | Unrealized |  |  | January 2, |
|  | 2021 |  |  | Purchases |  |  | Gain |  |  | 2022 |
Investments |  | $ | 40,000 |  |  | $ | 49,082 |  |  | $ | 36,758 |  |  | $ | 125,840 |
The following table summarizes the reconciliation of the carrying amount of the Company’s investment in DPC Dash from the opening balance at December 29, 2019 to the closing balance at January 3, 2021 .
|  | Fiscal 2020 |
|  | Carrying Amount |  |  |  |  |  |  |  |  | Carrying Amount |
|  | December 29, |  |  |  |  |  | Unrealized |  |  | January 3, |
|  | 2019 |  |  | Purchases |  |  | Gain |  |  | 2021 |
Investments |  | $ | — |  |  | $ | 40,000 |  |  | $ | — |  |  | $ | 40,000 |
Schedule of Estimated Fair Value | Management estimated the approximate fair values of the Notes as follows:
|  | January 2, 2022 |  |  | January 3, 2021 |
|  | Principal Amount |  |  | Fair Value |  |  | Principal Amount |  |  | Fair Value |
2015 Ten-Year Notes |  | $ | 760,000 |  |  | $ | 777,480 |  |  | $ | 766,000 |  |  | $ | 809,662 |
2017 Five-Year Fixed Rate Notes |  |  | — |  |  |  | — |  |  |  | 582,000 |  |  |  | 582,582 |
2017 Ten-Year Fixed Rate Notes |  |  | 962,500 |  |  |  | 1,000,038 |  |  |  | 970,000 |  |  |  | 1,035,960 |
2017 Floating Rate Notes |  |  | — |  |  |  | — |  |  |  | 291,000 |  |  |  | 291,000 |
2018 7.5-Year Notes |  |  | 412,250 |  |  |  | 420,907 |  |  |  | 415,438 |  |  |  | 437,456 |
2018 9.25-Year Notes |  |  | 388,000 |  |  |  | 407,788 |  |  |  | 391,000 |  |  |  | 422,280 |
2019 Ten-Year Notes |  |  | 663,188 |  |  |  | 693,031 |  |  |  | 668,250 |  |  |  | 712,355 |
2021 7.5-Year Notes |  |  | 845,750 |  |  |  | 849,133 |  |  |  | — |  |  |  | — |
2021 Ten-Year Notes |  |  | 995,000 |  |  |  | 1,017,885 |  |  |  | — |  |  |  | — |

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- Definition Tabular disclosure of the fair value of financial instruments, including financial assets and financial liabilities, and the measurements of those instruments, assets, and liabilities. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 825 -SubTopic 10 -Section 50 -Paragraph 11 -URI http://asc.fasb.org/extlink&oid=123594938&loc=d3e13467-108611 Reference 2: 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=123874694&loc=d3e19207-110258 + Details
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- Definition Tabular disclosure of information pertaining to carrying amount and estimated fair value of short-term and long-term debt instruments or arrangements, including but not limited to, identification of terms, features, and collateral requirements. + References No definition available. + Details
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