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Derivatives and Risk Management (Tables)

6 Months Ended

Jul. 02, 2011

Derivatives and Risk Management

Schedule of Foreign Currency Forward Hedge Contracts

Functional Currency								Contract Currency
Type		Amount						Type		Amount
European Euro			123,958					U.S. Dollar			168,257
British Pound			14,629					U.S. Dollar			23,496
Japanese Yen			3,679,200					U.S. Dollar			43,159
Mexican Peso			32,403					U.S. Dollar			2,660
Australian Dollar			15,300					U.S. Dollar			13,420
Canadian Dollar			15,727					U.S. Dollar			15,699

Schedule of Foreign Exchange Contracts Recognized in OCI

Derivatives Designated as Cash Flow Hedges Under ASC 815		For the 13 Weeks Ended July 2, 2011				For the 13 Weeks Ended July 3, 2010
Foreign exchange contracts		$	(6,036	)		$	6,727
Total (loss) gain recognized in other comprehensive income (loss), net of taxes		$	(6,036	)		$	6,727
Derivatives Designated as Cash Flow Hedges Under ASC 815		For the 26 Weeks Ended July 2, 2011				For the 26 Weeks Ended July 3, 2010
Foreign exchange contracts		$	(13,129	)		$	12,635
Total (loss) gain recognized in other comprehensive income (loss), net of taxes		$	(13,129	)		$	12,635

Schedule of Derivatives

Foreign Exchange Contracts Under ASC 815		Condensed Consolidated Income Statements Location				For the 13  Weeks Ended July 2, 2011				For the 13  Weeks Ended July 3, 2010
Cash flow hedging instruments		Other income - net		Total (loss) gain reclassified from other comprehensive income (loss), net of taxes into income, net of taxes		$	(4,013	)		$	2,866
				Total		$	(4,013	)		$	2,866
Foreign Exchange Contracts Under ASC 815		Condensed Consolidated Income Statements Location				For the 26 Weeks Ended July 2, 2011				For the 26 Weeks Ended July 3, 2010
Cash flow hedging instruments		Other income - net		Total (loss) gain reclassified from other comprehensive income (loss), net of taxes into income, net of taxes		$	(6,259	)		$	3,178
				Total		$	(6,259	)		$	3,178

Schedule of Balance Sheet Derivatives

		Asset Derivatives												Liability Derivatives
		July 2, 2011						January 1, 2011						July 2, 2011						January 1, 2011
Foreign Exchange Contracts Under ASC 815		Condensed Consolidated Balance     Sheets Location		Fair Value				Condensed Consolidated Balance     Sheets Location		Fair Value				Condensed Consolidated Balance     Sheets Location		Fair Value				Condensed Consolidated Balance     Sheets Location		Fair Value
Cash flow hedging instruments		Prepaid expenses and other current assets		$	52			Prepaid expenses and other current assets		$	1,388			Accrued expenses-other		$	15,596			Accrued expenses-other		$	8,583
Cash flow hedging instruments		Intangible and other assets - net			33			Intangible and other assets - net			240			Other long-term liabilities			879			Other long-term liabilities			1,639
Total				$	85					$	1,628					$	16,475					$	10,222

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+ References

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-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 133
-Paragraph 205G
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

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