Quarterly report pursuant to Section 13 or 15(d)

Fair Value Measurements (Tables)

v3.8.0.1
Fair Value Measurements (Tables)
3 Months Ended
Sep. 30, 2017
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, 2017 (In thousands)
Total
 
Quoted Prices in
Active Markets
for Identical
Assets (Level 1)
 
Significant Other
Observable Inputs
(Level 2)
Assets
 
 
 
 
 
Cash equivalents:
 
 
 
 
 
Money market funds and other
$
923,316

 
$
923,316

 
$

Marketable securities:
 
 
 
 
 
Corporate debt securities
965,735

 

 
965,735

Sovereign securities
14,531

 

 
14,531

U.S. Government agency securities
362,196

 
362,196

 

U.S. Treasury securities
381,361

 
381,361

 

Total cash equivalents and marketable securities(1)
2,647,139

 
1,666,873

 
980,266

Other current assets:
 
 
 
 
 
Derivative assets
4,043

 

 
4,043

Other non-current assets:
 
 
 
 
 
Executive Deferred Savings Plan
187,785

 
140,307

 
47,478

Total financial assets(1)
$
2,838,967

 
$
1,807,180

 
$
1,031,787

Liabilities
 
 
 
 
 
Other current liabilities:
 
 
 
 
 
Derivative liabilities
$
(1,235
)
 
$

 
$
(1,235
)
Total financial liabilities
$
(1,235
)
 
$

 
$
(1,235
)
________________
(1) Excludes cash of $360.0 million held in operating accounts and time deposits of $49.3 million as of September 30, 2017.

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, 2017 (In thousands)
Total
 
Quoted Prices in
Active Markets
for Identical
Assets (Level 1)
 
Significant Other
Observable Inputs
(Level 2)
Assets
 
 
 
 
 
Cash equivalents:
 
 
 
 
 
Corporate debt securities
$
76,472

 
$

 
$
76,472

Money market funds and other
616,039

 
616,039

 

U.S. Government agency securities
117,417

 

 
117,417

Sovereign securities
10,050

 

 
10,050

Marketable securities:
 
 
 
 
 
Corporate debt securities
1,042,723

 

 
1,042,723

Sovereign securities
42,515

 

 
42,515

U.S. Government agency securities
391,409

 
368,121

 
23,288

U.S. Treasury securities
373,299

 
373,299

 

Total cash equivalents and marketable securities(1)
2,669,924

 
1,357,459

 
1,312,465

Other current assets:
 
 
 
 
 
Derivative assets
5,931

 

 
5,931

Other non-current assets:
 
 
 
 
 
Executive Deferred Savings Plan
182,150

 
136,145

 
46,005

Total financial assets(1)
$
2,858,005

 
$
1,493,604

 
$
1,364,401

Liabilities
 
 
 
 
 
Other current liabilities:
 
 
 
 
 
Derivative liabilities
$
(1,275
)
 
$

 
$
(1,275
)
Total financial liabilities
$
(1,275
)
 
$

 
$
(1,275
)
________________
(1) Excludes cash of $307.4 million held in operating accounts and time deposits of $39.4 million as of June 30, 2017.