Quarterly report pursuant to Section 13 or 15(d)

Fair Value Measurements (Tables)

v2.4.0.8
Fair Value Measurements (Tables)
3 Months Ended
Sep. 30, 2014
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, 2014 (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
$
92,160

 
$
—

 
$
92,160

Money market and other
451,045

 
451,045

 
—

Marketable securities:
 
 
 
 
 
U.S. Treasury securities
323,504

 
323,504

 
—

U.S. Government agency securities
851,272

 
833,272

 
18,000

Municipal securities
79,868

 
—

 
79,868

Corporate debt securities
962,462

 
—

 
962,462

Sovereign securities
49,009

 
9,124

 
39,885

Total cash equivalents and marketable securities(1)
2,809,320

 
1,616,945

 
1,192,375

Other current assets:
 
 
 
 
 
Derivative assets
5,607

 
—

 
5,607

Other non-current assets:
 
 
 
 
 
Executive Deferred Savings Plan
161,287

 
93,631

 
67,656

Total financial assets(1)
$
2,976,214

 
$
1,710,576

 
$
1,265,638

Liabilities
 
 
 
 
 
Other current liabilities:
 
 
 
 
 
Derivative liabilities
$
(1,350
)
 
$
—

 
$
(1,350
)
Total financial liabilities
$
(1,350
)
 
$
—

 
$
(1,350
)
________________
(1) Excludes cash of $105.3 million held in operating accounts and time deposits of $27.8 million as of September 30, 2014.

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, 2014 (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
$
28,000

 
$
8,000

 
$
20,000

Municipal securities
2,891

 
—

 
2,891

Corporate debt securities
68,992

 
—

 
68,992

Money market and other
397,517

 
397,517

 
—

Marketable securities:
 
 
 
 
 
U.S. Treasury securities
384,400

 
365,401

 
18,999

U.S. Government agency securities
839,843

 
811,841

 
28,002

Municipal securities
93,325

 
—

 
93,325

Corporate debt securities
1,155,176

 
—

 
1,155,176

Sovereign securities
42,264

 
9,253

 
33,011

Total cash equivalents and marketable securities(1)
3,012,408

 
1,592,012

 
1,420,396

Other current assets:
 
 
 
 
 
Derivative assets
666

 
—

 
666

Other non-current assets:
 
 
 
 
 
Executive Deferred Savings Plan
159,995

 
105,311

 
54,684

Total financial assets(1)
$
3,173,069

 
$
1,697,323

 
$
1,475,746

Liabilities
 
 
 
 
 
Other current liabilities:
 
 
 
 
 
Derivative liabilities
$
(898
)
 
$
—

 
$
(898
)
Total financial liabilities
$
(898
)
 
$
—

 
$
(898
)
________________
(1) Excludes cash of $106.7 million held in operating accounts and time deposits of $33.5 million as of June 30, 2014