Quarterly report pursuant to Section 13 or 15(d)

Fair Value Measurements (Tables)

v3.3.1.900
Fair Value Measurements (Tables)
6 Months Ended
Dec. 31, 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 December 31, 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
$
32,997

 
$

 
$
32,997

Corporate debt securities
53,320

 

 
53,320

Money market and other
470,811

 
470,811

 

Sovereign securities
17,736

 

 
17,736

Marketable securities:
 
 
 
 
 
U.S. Treasury securities
273,524

 
273,524

 

U.S. Government agency securities
371,319

 
371,319

 

Municipal securities
7,717

 

 
7,717

Corporate debt securities
652,433

 

 
652,433

Sovereign securities
42,779

 
6,427

 
36,352

Total cash equivalents and marketable securities(1)
1,922,636

 
1,122,081

 
800,555

Other current assets:
 
 
 
 
 
Derivative assets
1,028

 

 
1,028

Other non-current assets:
 
 
 
 
 
Executive Deferred Savings Plan
161,053

 
90,556

 
70,497

Total financial assets(1)
$
2,084,717

 
$
1,212,637

 
$
872,080

Liabilities
 
 
 
 
 
Other current liabilities:
 
 
 
 
 
Derivative liabilities
$
(4,092
)
 
$

 
$
(4,092
)
Total financial liabilities
$
(4,092
)
 
$

 
$
(4,092
)
________________
(1) Excludes cash of $251.1 million held in operating accounts and time deposits of $67.7 million as of December 31, 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.