Quarterly report pursuant to Section 13 or 15(d)

Fair Value Measurements (Tables)

v3.5.0.2
Fair Value Measurements (Tables)
3 Months Ended
Sep. 30, 2016
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, 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
$
12,699

 
$
12,699

 
$

Corporate debt securities
28,748

 

 
28,748

Money market and other
581,240

 
581,240

 

Marketable securities:
 
 
 
 
 
U.S. Treasury securities
259,269

 
259,269

 

U.S. Government agency securities
424,018

 
404,022

 
19,996

Municipal securities
3,009

 

 
3,009

Corporate debt securities
812,577

 

 
812,577

Sovereign securities
21,971

 
1,004

 
20,967

Total cash equivalents and marketable securities(1)
2,143,531

 
1,258,234

 
885,297

Other current assets:
 
 
 
 
 
Derivative assets
692

 

 
692

Other non-current assets:
 
 
 
 
 
Executive Deferred Savings Plan
174,752

 
133,380

 
41,372

Total financial assets(1)
$
2,318,975

 
$
1,391,614

 
$
927,361

Liabilities
 
 
 
 
 
Other current liabilities:
 
 
 
 
 
Derivative liabilities
$
(7,637
)
 
$

 
$
(7,637
)
Total financial liabilities
$
(7,637
)
 
$

 
$
(7,637
)
________________
(1) Excludes cash of $320.5 million held in operating accounts and time deposits of $30.5 million as of September 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 Condensed 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.