| 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 December 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 |
$ |
19,997 |
|
|
$ |
5,000 |
|
|
$ |
14,997 |
|
Corporate debt securities |
61,797 |
|
|
— |
|
|
61,797 |
|
Money market and other |
574,904 |
|
|
574,904 |
|
|
— |
|
Marketable securities: |
|
|
|
|
|
U.S. Treasury securities |
168,313 |
|
|
168,313 |
|
|
— |
|
U.S. Government agency securities |
731,636 |
|
|
709,647 |
|
|
21,989 |
|
Municipal securities |
107,587 |
|
|
— |
|
|
107,587 |
|
Corporate debt securities |
1,107,255 |
|
|
— |
|
|
1,107,255 |
|
Sovereign securities |
36,439 |
|
|
8,498 |
|
|
27,941 |
|
Total cash equivalents and marketable securities(1)
|
2,807,928 |
|
|
1,466,362 |
|
|
1,341,566 |
|
Other current assets: |
|
|
|
|
|
Derivative assets |
5,584 |
|
|
— |
|
|
5,584 |
|
Other non-current assets: |
|
|
|
|
|
Executive Deferred Savings Plan |
155,277 |
|
|
103,374 |
|
|
51,903 |
|
Total financial assets(1)
|
$ |
2,968,789 |
|
|
$ |
1,569,736 |
|
|
$ |
1,399,053 |
|
Liabilities |
|
|
|
|
|
Other current liabilities: |
|
|
|
|
|
Derivative liabilities |
$ |
(708 |
) |
|
$ |
— |
|
|
$ |
(708 |
) |
Executive Deferred Savings Plan |
(155,433 |
) |
|
(102,554 |
) |
|
(52,879 |
) |
Total financial liabilities |
$ |
(156,141 |
) |
|
$ |
(102,554 |
) |
|
$ |
(53,587 |
) |
________________
(1) Excludes cash of $122.8 million held in operating accounts and time deposits of $19.9 million as of December 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, 2013 (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 |
$ |
3,800 |
|
|
$ |
— |
|
|
$ |
3,800 |
|
Money market and other |
817,608 |
|
|
817,608 |
|
|
— |
|
Marketable securities: |
|
|
|
|
|
U.S. Treasury securities |
93,787 |
|
|
93,787 |
|
|
— |
|
U.S. Government agency securities |
598,031 |
|
|
598,031 |
|
|
— |
|
Municipal securities |
103,455 |
|
|
— |
|
|
103,455 |
|
Corporate debt securities |
1,099,525 |
|
|
— |
|
|
1,099,525 |
|
Sovereign securities |
33,805 |
|
|
13,559 |
|
|
20,246 |
|
Total cash equivalents and marketable securities(1)
|
2,750,011 |
|
|
1,522,985 |
|
|
1,227,026 |
|
Other current assets: |
|
|
|
|
|
Derivative assets |
4,016 |
|
|
— |
|
|
4,016 |
|
Other non-current assets: |
|
|
|
|
|
Executive Deferred Savings Plan |
136,461 |
|
|
96,180 |
|
|
40,281 |
|
Total financial assets(1)
|
$ |
2,890,488 |
|
|
$ |
1,619,165 |
|
|
$ |
1,271,323 |
|
Liabilities |
|
|
|
|
|
Other current liabilities: |
|
|
|
|
|
Derivative liabilities |
$ |
(2,173 |
) |
|
$ |
— |
|
|
$ |
(2,173 |
) |
Executive Deferred Savings Plan |
(137,849 |
) |
|
(97,570 |
) |
|
(40,279 |
) |
Total financial liabilities |
$ |
(140,022 |
) |
|
$ |
(97,570 |
) |
|
$ |
(42,452 |
) |
________________
(1) Excludes cash of $125.5 million held in operating accounts and time deposits of $43.4 million as of June 30, 2013
|