| 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, 2015 (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 |
$ |
23,233 |
|
|
$ |
23,233 |
|
|
$ |
— |
|
Corporate debt securities |
15,998 |
|
|
— |
|
|
15,998 |
|
Money market and other |
406,337 |
|
|
406,337 |
|
|
— |
|
Marketable securities: |
|
|
|
|
|
U.S. Treasury securities |
331,740 |
|
|
331,740 |
|
|
— |
|
U.S. Government agency securities |
649,703 |
|
|
611,969 |
|
|
37,734 |
|
Municipal securities |
33,059 |
|
|
— |
|
|
33,059 |
|
Corporate debt securities |
647,144 |
|
|
— |
|
|
647,144 |
|
Sovereign securities |
49,345 |
|
|
8,975 |
|
|
40,370 |
|
Total cash equivalents and marketable securities(1)
|
2,156,559 |
|
|
1,382,254 |
|
|
774,305 |
|
Other current assets: |
|
|
|
|
|
Derivative assets |
5,822 |
|
|
— |
|
|
5,822 |
|
Other non-current assets: |
|
|
|
|
|
Executive Deferred Savings Plan |
167,859 |
|
|
93,539 |
|
|
74,320 |
|
Total financial assets(1)
|
$ |
2,330,240 |
|
|
$ |
1,475,793 |
|
|
$ |
854,447 |
|
Liabilities |
|
|
|
|
|
Other current liabilities: |
|
|
|
|
|
Derivative liabilities |
$ |
(3,725 |
) |
|
$ |
— |
|
|
$ |
(3,725 |
) |
Total financial liabilities |
$ |
(3,725 |
) |
|
$ |
— |
|
|
$ |
(3,725 |
) |
________________
(1) Excludes cash of $158.8 million held in operating accounts and time deposits of $24.7 million as of March 31, 2015.
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.
|