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Fair Value (Tables) | 3 Months Ended
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Apr. 01, 2018
Fair Value Disclosures [Abstract] |
Summary of Assets and Liabilities Measured At Fair Value On A Recurring Basis | The following tables present information about the Company’s assets and liabilities measured at fair value on a recurring basis (in thousands):
| April 1, 2018
| Balance |  | Quoted Prices in Active Markets for Identical Assets (Level 1) |  | Significant Other Observable Inputs (Level 2) |  | Significant Unobservable Inputs (Level 3)
Assets: |  |  |  |  |  |  |
Cash equivalents | $ | 653,124 |  |  | $ | 326,324 |  |  | $ | 326,800 |  |  | $ | — |
Marketable securities | 49,402 |  |  | 49,402 |  |  | — |  |  | — |
Derivatives | 3,613 |  |  | — |  |  | 3,613 |  |  | — |
Total | $ | 706,139 |  |  | $ | 375,726 |  |  | $ | 330,413 |  |  | $ | — |
Liabilities: |  |  |  |  |  |  |
Derivatives | $ | 22,850 |  |  | $ | — |  |  | $ | 22,850 |  |  | $ | — |
| December 31, 2017
| Balance |  | Quoted Prices in Active Markets for Identical Assets (Level 1) |  | Significant Other Observable Inputs (Level 2) |  | Significant Unobservable Inputs (Level 3)
Assets: |  |  |  |  |  |  |
Cash equivalents | $ | 488,432 |  |  | $ | 358,500 |  |  | $ | 129,932 |  |  | $ | — |
Marketable securities | 48,006 |  |  | 48,006 |  |  | — |  |  | — |
Derivatives | 1,769 |  |  | — |  |  | 1,769 |  |  | — |
Total | $ | 538,207 |  |  | $ | 406,506 |  |  | $ | 131,701 |  |  | $ | — |
Liabilities: |  |  |  |  |  |  |
Derivatives | $ | 21,308 |  |  | $ | — |  |  | $ | 21,308 |  |  | $ | — |
| March 26, 2017
| Balance |  | Quoted Prices in Active Markets for Identical Assets (Level 1) |  | Significant Other Observable Inputs (Level 2) |  | Significant Unobservable Inputs (Level 3)
Assets: |  |  |  |  |  |  |
Cash equivalents | $ | 628,895 |  |  | $ | 370,084 |  |  | $ | 258,811 |  |  | $ | — |
Marketable securities | 46,678 |  |  | 41,674 |  |  | 5,004 |  |  | — |
Derivatives | 12,446 |  |  | — |  |  | 12,446 |  |  | — |
Total | $ | 688,019 |  |  | $ | 411,758 |  |  | $ | 276,261 |  |  | $ | — |
Liabilities: |  |  |  |  |  |  |
Derivatives | $ | 1,052 |  |  | $ | — |  |  | $ | 1,052 |  |  | $ | — |
Summary of The Fair Value and Carrying Value of The Company's Financial Instruments | The following table summarizes the fair value and carrying value of the Company’s remaining financial instruments that are measured at cost or amortized cost (in thousands):
| April 1, 2018 |  | December 31, 2017 |  | March 26, 2017
| Fair Value |  | Carrying Value |  | Fair Value |  | Carrying Value |  | Fair Value |  | Carrying Value
Assets: |  |  |  |  |  |  |  |  |  |  |
Finance receivables, net | $ | 7,195,908 |  |  | $ | 7,126,442 |  |  | $ | 7,021,549 |  |  | $ | 6,965,086 |  |  | $ | 7,225,210 |  |  | $ | 7,146,122 |
Liabilities: |  |  |  |  |  |  |  |  |  |  |
Unsecured commercial paper | $ | 1,036,976 |  |  | $ | 1,036,976 |  |  | $ | 1,273,482 |  |  | $ | 1,273,482 |  |  | $ | 953,357 |  |  | $ | 953,357 |
Asset-backed U.S. commercial paper conduit facilities | $ | 281,311 |  |  | $ | 281,311 |  |  | $ | 279,457 |  |  | $ | 279,457 |  |  | $ | 286,205 |  |  | $ | 286,205 |
Asset-backed Canadian commercial paper conduit facility | $ | 158,162 |  |  | $ | 158,162 |  |  | $ | 174,779 |  |  | $ | 174,779 |  |  | $ | 141,013 |  |  | $ | 141,013 |
Medium-term notes | $ | 4,486,399 |  |  | $ | 4,514,798 |  |  | $ | 4,189,092 |  |  | $ | 4,165,706 |  |  | $ | 4,234,664 |  |  | $ | 4,163,797 |
Senior unsecured notes | $ | 750,440 |  |  | $ | 742,126 |  |  | $ | 784,433 |  |  | $ | 741,961 |  |  | $ | 755,646 |  |  | $ | 741,469 |
Asset-backed securitization debt | $ | 283,591 |  |  | $ | 284,793 |  |  | $ | 351,767 |  |  | $ | 352,624 |  |  | $ | 685,953 |  |  | $ | 685,374 |

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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://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 825 -SubTopic 10 -Section 50 -Paragraph 12 -URI http://asc.fasb.org/extlink&oid=77997519&loc=d3e13476-108611 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=66048111&loc=d3e19207-110258 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 825 -SubTopic 10 -Section 50 -Paragraph 11 -URI http://asc.fasb.org/extlink&oid=77997519&loc=d3e13467-108611 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 825 -SubTopic 10 -Section 45 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=75026489&loc=d3e13220-108610 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 825 -SubTopic 10 -Section 50 -Paragraph 30 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=75031198&loc=d3e14172-108612 Reference 6: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 825 -SubTopic 10 -Section 50 -Paragraph 10 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=77997519&loc=d3e13433-108611 + Details
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- Definition Tabular disclosure of assets and liabilities, including [financial] instruments measured at fair value that are classified in stockholders' equity, if any, 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://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=66048111&loc=d3e19190-110258 + Details
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