Quarterly report [Sections 13 or 15(d)]

FAIR VALUE MEASUREMENTS (Tables)

v3.25.1
FAIR VALUE MEASUREMENTS (Tables)
9 Months Ended
Mar. 31, 2025
Fair Value Disclosures [Abstract]  
Schedule of 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 dates indicated below, were presented on our Condensed Consolidated Balance Sheets as follows:
Quoted Prices in Active Markets for Identical Assets Significant Other Observable Inputs
As of March 31, 2025 (In thousands) Total  (Level 1)  (Level 2)
Assets
Cash equivalents:
Corporate debt securities $ 13,176  $ —  $ 13,176 
Money market funds and other 1,275,947  1,275,947  — 
U.S. Treasury securities 25,874  —  25,874 
Marketable securities:
Corporate debt securities 959,272  —  959,272 
Municipal securities 55,540  —  55,540 
U.S. Government agency securities 96,051  96,051  — 
U.S. Treasury securities 776,974  693,266  83,708 
Equity securities 12,255  12,255  — 
Total cash equivalents and marketable securities(1)
3,215,089  2,077,519  1,137,570 
Other current assets:
Derivative assets 19,466  —  19,466 
Other non-current assets:
Executive Deferred Savings Plan 320,206  285,578  34,628 
Total financial assets(1)
$ 3,554,761  $ 2,363,097  $ 1,191,664 
Liabilities
Derivative liabilities $ (22,624) $ —  $ (22,624)
Total financial liabilities $ (22,624) $ —  $ (22,624)
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(1) Excludes cash of $473.1 million held in operating accounts and time deposits of $340.5 million (of which $70.0 million were cash equivalents) as of March 31, 2025.
 
Quoted Prices in Active Markets for Identical Assets Significant Other Observable Inputs
As of June 30, 2024 (In thousands) Total (Level 1) (Level 2)
Assets
Cash equivalents:
Corporate debt securities $ 2,312  $ —  $ 2,312 
Money market funds and other 1,585,832  1,585,832  — 
U.S. Treasury securities 35,158  —  35,158 
Marketable securities:
Corporate debt securities 771,920  —  771,920 
Municipal securities 41,159  —  41,159 
U.S. Government agency securities 105,874  105,874  — 
U.S. Treasury securities 716,148  476,230  239,918 
Equity securities 25,566  25,566  — 
Total cash equivalents and marketable securities(1)
3,283,969  2,193,502  1,090,467 
Other current assets:
Derivative assets 36,503  —  36,503 
Other non-current assets:
Executive Deferred Savings Plan 303,365  272,816  30,549 
Total financial assets(1)
$ 3,623,837  $ 2,466,318  $ 1,157,519 
Liabilities
Derivative liabilities $ (15,683) $ —  $ (15,683)
Total financial liabilities $ (15,683) $ —  $ (15,683)
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(1) Excludes cash of $287.6 million held in operating accounts and time deposits of $932.4 million (of which $66.2 million were cash equivalents) as of June 30, 2024.