Quarterly report pursuant to Section 13 or 15(d)

Fair Value Measurements (Tables)

v3.3.0.814
Fair Value Measurements (Tables)
3 Months Ended
Sep. 30, 2015
Fair Value Disclosures [Abstract]  
Financial Assets and Liabilities Measured at Fair Value on a Recurring Basis
Financial assets (excluding cash held in operating accounts and time deposits) and liabilities measured at fair value on a recurring basis, as of the date indicated below, were presented on the Company’s Condensed Consolidated Balance Sheet as follows:
As of September 30, 2015 (In thousands)
Total
 
Quoted Prices in
Active Markets
for Identical
Assets (Level 1)
 
Significant Other
Observable Inputs
(Level 2)
Assets
 
 
 
 
 
Cash equivalents:
 
 
 
 
 
U.S. Government agency securities
$
19,824

 
$
19,824

 
$
—

Corporate debt securities
9,997

 
—

 
9,997

Money market and other
512,891

 
512,891

 
—

Marketable securities:
 
 
 
 
 
U.S. Treasury securities
254,526

 
254,526

 
—

U.S. Government agency securities
460,329

 
460,329

 
—

Municipal securities
11,681

 
—

 
11,681

Corporate debt securities
730,162

 
—

 
730,162

Sovereign securities
42,103

 
8,962

 
33,141

Total cash equivalents and marketable securities(1)
2,041,513

 
1,256,532

 
784,981

Other current assets:
 
 
 
 
 
Derivative assets
1,182

 
—

 
1,182

Other non-current assets:
 
 
 
 
 
Executive Deferred Savings Plan
157,904

 
88,448

 
69,456

Total financial assets(1)
$
2,200,599

 
$
1,344,980

 
$
855,619

Liabilities
 
 
 
 
 
Other current liabilities:
 
 
 
 
 
Derivative liabilities
$
(5,512
)
 
$
—

 
$
(5,512
)
Total financial liabilities
$
(5,512
)
 
$
—

 
$
(5,512
)
________________
(1) Excludes cash of $196.8 million held in operating accounts and time deposits of $31.1 million as of September 30, 2015.

Financial assets (excluding cash held in operating accounts and time deposits) and liabilities measured at fair value on a recurring basis, as of the date indicated below, were presented on the Company’s Condensed Consolidated Balance Sheet as follows:  
As of June 30, 2015 (In thousands)
Total
 
Quoted Prices in
Active Markets
for Identical
Assets (Level 1)
 
Significant Other
Observable Inputs
(Level 2)
Assets
 
 
 
 
 
Cash equivalents:
 
 
 
 
 
U.S. Government agency securities
$
7,500

 
$
7,500

 
$
—

Corporate debt securities
13,099

 
—

 
13,099

Money market and other
611,385

 
611,385

 
—

Marketable securities:
 
 
 
 
 
U.S. Treasury securities
275,555

 
275,555

 
—

U.S. Government agency securities
564,768

 
556,019

 
8,749

Municipal securities
31,816

 
—

 
31,816

Corporate debt securities
612,862

 
—

 
612,862

Sovereign securities
57,093

 
8,976

 
48,117

Total cash equivalents and marketable securities(1)
2,174,078

 
1,459,435

 
714,643

Other current assets:
 
 
 
 
 
Derivative assets
3,064

 
—

 
3,064

Other non-current assets:
 
 
 
 
 
Executive Deferred Savings Plan
165,655

 
91,203

 
74,452

Total financial assets(1)
$
2,342,797

 
$
1,550,638

 
$
792,159

Liabilities
 
 
 
 
 
Other current liabilities:
 
 
 
 
 
Derivative liabilities
$
(3,106
)
 
$
—

 
$
(3,106
)
Total financial liabilities
$
(3,106
)
 
$
—

 
$
(3,106
)
________________
(1) Excludes cash of $183.1 million held in operating accounts and time deposits of $29.9 million as of June 30, 2015.