Derivatives and Risk Management (Tables)

12 Months Ended

Dec. 31, 2016

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Schedule of outstanding forward contracts

As of December 31, 2016, the Company had the following outstanding forward contracts designated as cash flow hedges that were entered into to hedge the future payments of intercompany inventory transactions (in millions):



Functional Currency		Contract Currency
Type	Amount	Type	Amount
Euro	264.4	U.S. dollar	296.8
British pound	53.3	U.S. dollar	74.8
Canadian dollar	86.9	U.S. dollar	66.0
Japanese yen	4,554.3	U.S. dollar	41.3
Mexican peso	442.9	U.S. dollar	22.6
Australian dollar	20.5	U.S. dollar	15.4
U.S. dollar	33.4	Japanese Yen	3,415.0

Schedule of effective portion of gains and losses on derivative instruments recognized in other comprehensive income (loss), net of taxes

The effective portion of gains and losses on cash flow hedges that were recognized in other comprehensive income (loss), net of taxes during fiscal years 2016, 2015 and 2014 are set forth below (in thousands):



	For the Fiscal Year Ended December 31, 2016			For the Fiscal Year Ended January 2, 2016		For the Fiscal Year Ended January 3, 2015
Cash flow hedges:
Forward contracts	$	13,565		$	22,763	$	22,927
Interest rate swaps	(730		)	1,544		(2,159		)
Total gain (loss) recognized in other comprehensive income (loss), net of taxes	$	12,835		$	24,307	$	20,768

Schedule of effective portion of gains and losses on derivative instruments designated and qualifying as cash flow hedges recorded in other comprehensive income (loss), net of taxes during the term of the hedging relationship and reclassified into earnings and gains and losses on derivatives not designated as hedging instruments recorded

The following table illustrates the effective portion of gains and losses on derivative instruments recorded in other comprehensive income (loss), net of taxes during the term of the hedging relationship and reclassified into earnings, and gains and losses on derivatives not designated as hedging instruments recorded directly to earnings during fiscal years 2016, 2015 and 2014 (in thousands):



Derivative Instruments	Consolidated Statements of Income and Comprehensive Income Location	Effect of Derivative Instruments	For the Fiscal Year Ended December 31, 2016			For the Fiscal Year Ended January 2, 2016			For the Fiscal Year Ended January 3, 2015
Forward contracts designated as cash flow hedging instruments	Other income (expense)-net	Total gain (loss) reclassified from other comprehensive income (loss)	$	10,986		$	29,629		$	5,856
Forward contracts not designated as hedging instruments	Other income (expense)-net	Total gain (loss) recognized in income	$	(82	)	$	(210	)	$	(148	)
Interest rate swap designated as a cash flow hedging instrument	Interest expense	Total gain (loss) reclassified from other comprehensive income (loss)	$	(1,080	)	$	(1,596	)	$	(1,763	)
Interest rate swap designated as a cash flow hedging instrument	Other income (expense)-net	Total gain (loss) reclassified from other comprehensive income (loss)	$	—		$	3,331		$	—

Schedule of fair value amounts for derivative instruments as separate asset and liability values on a gross basis and their location on condensed consolidated balance sheets

The following table discloses the fair value amounts for the Company's derivative instruments as separate asset and liability values, presents the fair value of derivative instruments on a gross basis, and identifies the line items in the consolidated balance sheets in which the fair value amounts for these categories of derivative instruments are included (in thousands):



	Asset Derivatives						Liability Derivatives
	December 31, 2016			January 2, 2016			December 31, 2016			January 2, 2016
	Consolidated Balance Sheets Location	Fair Value		Consolidated Balance Sheets Location	Fair Value		Consolidated Balance Sheets Location	Fair Value		Consolidated Balance Sheets Location	Fair Value
Forward contracts designated as cash flow hedging instruments	Prepaid expenses and other current assets	$	23,288	Prepaid expenses and other current assets	$	13,184	Accrued expenses-other	$	4,696	Accrued expenses-other	$	477
Forward contracts not designated as cash flow hedging instruments	Prepaid expenses and other current assets	—		Prepaid expenses and other current assets	167		Accrued expenses-other	2		Accrued expenses-other	71
Interest rate swap designated as a cash flow hedging instrument	Prepaid expenses and other current assets	—		Prepaid expenses and other current assets	—		Accrued expenses-other	613		Accrued expenses-other	1,273
Forward contracts designated as cash flow hedging instruments	Intangible and other assets-net	5,648		Intangible and other assets-net	2,785		Other long-term liabilities	268		Other long-term liabilities	250
Interest rate swap designated as a cash flow hedging instrument	Intangible and other assets-net	73		Intangible and other assets-net	311		Other long-term liabilities	—		Other long-term liabilities	128
Total		$	29,009		$	16,447		$	5,579		$	2,199