Quarterly report pursuant to Section 13 or 15(d)

Fair Value Measurements (Tables)

v2.4.1.9
Fair Value Measurements (Tables)
6 Months Ended
Dec. 31, 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 December 31, 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
$
28,022

 
$
12,022

 
$
16,000

Corporate debt securities
14,997

 

 
14,997

Money market and other
414,875

 
414,875

 

Marketable securities:
 
 
 
 
 
U.S. Treasury securities
314,722

 
314,722

 

U.S. Government agency securities
666,327

 
644,336

 
21,991

Municipal securities
33,032

 

 
33,032

Corporate debt securities
709,692

 

 
709,692

Sovereign securities
51,538

 
13,651

 
37,887

Total cash equivalents and marketable securities(1)
2,233,205

 
1,399,606

 
833,599

Other current assets:
 
 
 
 
 
Derivative assets
11,584

 

 
11,584

Other non-current assets:
 
 
 
 
 
Executive Deferred Savings Plan
166,305

 
95,404

 
70,901

Total financial assets(1)
$
2,411,094

 
$
1,495,010

 
$
916,084

Liabilities
 
 
 
 
 
Other current liabilities:
 
 
 
 
 
Derivative liabilities
$
(1,816
)
 
$

 
$
(1,816
)
Total financial liabilities
$
(1,816
)
 
$

 
$
(1,816
)
________________
(1) Excludes cash of $111.7 million held in operating accounts and time deposits of $21.9 million as of December 31, 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.