| 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, 2013 (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 |
$ |
6,000 |
|
|
$ |
— |
|
|
$ |
6,000 |
|
Corporate debt securities |
24,264 |
|
|
— |
|
|
24,264 |
|
Money market and other |
735,000 |
|
|
735,000 |
|
|
— |
|
Marketable securities: |
|
|
|
|
|
U.S. Treasury securities |
99,022 |
|
|
99,022 |
|
|
— |
|
U.S. Government agency securities |
653,826 |
|
|
653,826 |
|
|
— |
|
Municipal securities |
82,729 |
|
|
— |
|
|
82,729 |
|
Corporate debt securities |
1,045,256 |
|
|
— |
|
|
1,045,256 |
|
Sovereign securities |
23,852 |
|
|
9,529 |
|
|
14,323 |
|
Total cash equivalents and marketable securities(1)
|
2,669,949 |
|
|
1,497,377 |
|
|
1,172,572 |
|
Other current assets: |
|
|
|
|
|
Derivative assets |
4,462 |
|
|
— |
|
|
4,462 |
|
Other non-current assets: |
|
|
|
|
|
Executive Deferred Savings Plan: |
|
|
|
|
|
Money market and other |
1,659 |
|
|
1,659 |
|
|
— |
|
Mutual funds |
136,225 |
|
|
96,909 |
|
|
39,316 |
|
Executive Deferred Savings Plan total |
137,884 |
|
|
98,568 |
|
|
39,316 |
|
Total financial assets(1)
|
$ |
2,812,295 |
|
|
$ |
1,595,945 |
|
|
$ |
1,216,350 |
|
Other current liabilities: |
|
|
|
|
|
Derivative liabilities |
$ |
(1,839 |
) |
|
$ |
— |
|
|
$ |
(1,839 |
) |
Executive Deferred Savings Plan: |
|
|
|
|
|
Money market and other |
(12,266 |
) |
|
(12,266 |
) |
|
— |
|
Mutual funds |
(126,435 |
) |
|
(87,051 |
) |
|
(39,384 |
) |
Executive Deferred Savings Plan total |
(138,701 |
) |
|
(99,317 |
) |
|
(39,384 |
) |
Total financial liabilities |
$ |
(140,540 |
) |
|
$ |
(99,317 |
) |
|
$ |
(41,223 |
) |
________________
(1) Excludes cash of $156.1 million held in operating accounts and time deposits of $53.5 million as of March 31, 2013.
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, 2012 (In thousands) |
Total |
|
Quoted Prices in
Active Markets
for Identical
Assets (Level 1)
|
|
Significant Other
Observable Inputs
(Level 2)
|
Assets |
|
|
|
|
|
Cash equivalents: |
|
|
|
|
|
Money market and other |
$ |
607,038 |
|
|
$ |
607,038 |
|
|
$ |
— |
|
Marketable securities: |
|
|
|
|
|
U.S. Treasury securities |
91,438 |
|
|
88,014 |
|
|
3,424 |
|
U.S. Government agency securities |
634,492 |
|
|
634,492 |
|
|
— |
|
Municipal securities |
66,543 |
|
|
— |
|
|
66,543 |
|
Corporate debt securities |
917,392 |
|
|
— |
|
|
917,392 |
|
Sovereign securities |
29,145 |
|
|
10,129 |
|
|
19,016 |
|
Equity securities |
10 |
|
|
10 |
|
|
— |
|
Total cash equivalents and marketable securities(1)
|
2,346,058 |
|
|
1,339,683 |
|
|
1,006,375 |
|
Other current assets: |
|
|
|
|
|
Derivative assets |
1,407 |
|
|
— |
|
|
1,407 |
|
Other non-current assets: |
|
|
|
|
|
Executive Deferred Savings Plan: |
|
|
|
|
|
Money market and other |
732 |
|
|
732 |
|
|
— |
|
Mutual funds |
124,622 |
|
|
94,572 |
|
|
30,050 |
|
Executive Deferred Savings Plan total |
125,354 |
|
|
95,304 |
|
|
30,050 |
|
Total financial assets(1)
|
$ |
2,472,819 |
|
|
$ |
1,434,987 |
|
|
$ |
1,037,832 |
|
Other current liabilities: |
|
|
|
|
|
Derivative liabilities |
$ |
(1,909 |
) |
|
$ |
— |
|
|
$ |
(1,909 |
) |
Executive Deferred Savings Plan: |
|
|
|
|
|
Money market and other |
(12,825 |
) |
|
(12,825 |
) |
|
— |
|
Mutual funds |
(112,504 |
) |
|
(81,974 |
) |
|
(30,530 |
) |
Executive Deferred Savings Plan total |
$ |
(125,329 |
) |
|
$ |
(94,799 |
) |
|
$ |
(30,530 |
) |
Total financial liabilities |
$ |
(127,238 |
) |
|
$ |
(94,799 |
) |
|
$ |
(32,439 |
) |
________________
(1) Excludes cash of $126.0 million held in operating accounts and time deposits of $62.4 million as of June 30, 2012
|