The following summarizes the fair value of our financial instruments at December 30, 2023 (in thousands): | | | | | | | | | | | | | | | | | | | | | | | | | Quoted Prices
in Active
Markets for
Identical
Assets
Level 1 | | Significant
Other
Observable
Inputs
Level 2 | | Significant
Unobservable
Inputs
Level 3 | | Total | | Assets: | | | | | | | | | Cash equivalents | | | | | | | | | Money market funds | $ | 437,248 | | | $ | — | | | $ | — | | | $ | 437,248 | | | | | | | | | | | | | | | | | | | | | | | | | | | Available-for-sale securities | | | | | | | | | Corporate debt securities | $ | — | | | $ | 96,954 | | | $ | — | | | $ | 96,954 | | | | | | | | | | | U.S. Treasury securities | 5,026 | | | — | | | — | | | 5,026 | | | | | | | | | | | Agency discount notes | — | | | 1,122 | | | — | | | 1,122 | | | | | | | | | | | $ | 5,026 | | | $ | 98,076 | | | $ | — | | | $ | 103,102 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
The following summarizes the fair value of our financial instruments at March 25, 2023 (in thousands): | | | | | | | | | | | | | | | | | | | | | | | | | Quoted Prices
in Active
Markets for
Identical
Assets
Level 1 | | Significant
Other
Observable
Inputs
Level 2 | | Significant
Unobservable
Inputs
Level 3 | | Total | | Assets: | | | | | | | | | Cash equivalents | | | | | | | | | Money market funds | $ | 406,265 | | | $ | — | | | $ | — | | | $ | 406,265 | | | | | | | | | | | Available-for-sale securities | | | | | | | | | Corporate debt securities | $ | — | | | $ | 65,019 | | | $ | — | | | $ | 65,019 | | | Non-U.S. government securities | — | | | 507 | | | — | | | 507 | | | U.S. Treasury securities | 5,594 | | | — | | | — | | | 5,594 | | | | | | | | | | | Agency discount notes | — | | | 367 | | | — | | | 367 | | | $ | 5,594 | | | $ | 65,893 | | | $ | — | | | $ | 71,487 | |
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