| 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 March 31, 2018 (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 |
$ |
23,095 |
|
|
$ |
— |
|
|
$ |
23,095 |
|
Money market funds and other |
633,752 |
|
|
633,752 |
|
|
— |
|
Marketable securities: |
|
|
|
|
|
Corporate debt securities |
873,986 |
|
|
— |
|
|
873,986 |
|
Sovereign securities |
17,681 |
|
|
— |
|
|
17,681 |
|
U.S. Treasury securities |
424,514 |
|
|
385,507 |
|
|
39,007 |
|
U.S. Government agency securities |
313,137 |
|
|
313,137 |
|
|
— |
|
Total cash equivalents and marketable securities(1)
|
2,286,165 |
|
|
1,332,396 |
|
|
953,769 |
|
Other current assets: |
|
|
|
|
|
Derivative assets |
2,318 |
|
|
— |
|
|
2,318 |
|
Other non-current assets: |
|
|
|
|
|
Executive Deferred Savings Plan |
194,756 |
|
|
142,392 |
|
|
52,364 |
|
Total financial assets(1)
|
$ |
2,483,239 |
|
|
$ |
1,474,788 |
|
|
$ |
1,008,451 |
|
Liabilities |
|
|
|
|
|
Other current liabilities: |
|
|
|
|
|
Derivative liabilities |
$ |
(4,577 |
) |
|
$ |
— |
|
|
$ |
(4,577 |
) |
Total financial liabilities |
$ |
(4,577 |
) |
|
$ |
— |
|
|
$ |
(4,577 |
) |
________________
(1) Excludes cash of $553.2 million held in operating accounts and time deposits of $50.7 million as of March 31, 2018.
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.
|