| 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 Consolidated Balance Sheet as follows:
|
|
|
|
|
|
|
|
|
|
|
|
|
As of June 30, 2016 (In thousands) |
Total |
|
Quoted Prices in
Active Markets
for Identical
Assets (Level 1)
|
|
Significant Other
Observable Inputs
(Level 2)
|
Assets |
|
|
|
|
|
Cash equivalents: |
|
|
|
|
|
U.S. Treasury securities |
$ |
68,748 |
|
|
$ |
68,748 |
|
|
$ |
— |
|
Corporate debt securities |
20,569 |
|
|
— |
|
|
20,569 |
|
Money market and other |
626,156 |
|
|
626,156 |
|
|
— |
|
Marketable securities: |
|
|
|
|
|
U.S. Treasury securities |
258,754 |
|
|
258,754 |
|
|
— |
|
U.S. Government agency securities |
405,705 |
|
|
385,731 |
|
|
19,974 |
|
Municipal securities |
5,016 |
|
|
— |
|
|
5,016 |
|
Corporate debt securities |
657,905 |
|
|
— |
|
|
657,905 |
|
Sovereign securities |
41,257 |
|
|
6,426 |
|
|
34,831 |
|
Total cash equivalents and marketable securities(1)
|
2,084,110 |
|
|
1,345,815 |
|
|
738,295 |
|
Other current assets: |
|
|
|
|
|
Derivative assets |
1,095 |
|
|
— |
|
|
1,095 |
|
Other non-current assets: |
|
|
|
|
|
Executive Deferred Savings Plan |
162,160 |
|
|
106,149 |
|
|
56,011 |
|
Total financial assets(1)
|
$ |
2,247,365 |
|
|
$ |
1,451,964 |
|
|
$ |
795,401 |
|
Liabilities |
|
|
|
|
|
Other current liabilities: |
|
|
|
|
|
Derivative liabilities |
$ |
(11,647 |
) |
|
$ |
— |
|
|
$ |
(11,647 |
) |
Total financial liabilities |
$ |
(11,647 |
) |
|
$ |
— |
|
|
$ |
(11,647 |
) |
__________________
(1) Excludes cash of $330.1 million held in operating accounts and time deposits of $77.1 million as of June 30, 2016.
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 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.
|