Annual report pursuant to Section 13 and 15(d)

Fair Value Measurements (Tables)

v3.7.0.1
Fair Value Measurements (Tables)
12 Months Ended
Jun. 30, 2017
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 Consolidated Balance Sheet as follows:  
As of June 30, 2017 (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
$
76,472

 
$

 
$
76,472

Money market funds and other
616,039

 
616,039

 

U.S. Government agency securities
117,417

 

 
117,417

Sovereign securities
10,050

 

 
10,050

Marketable securities:
 
 
 
 
 
Corporate debt securities
1,042,723

 

 
1,042,723

Sovereign securities
42,515

 

 
42,515

U.S. Government agency securities
391,409

 
368,121

 
23,288

U.S. Treasury securities
373,299

 
373,299

 

Total cash equivalents and marketable securities(1)
2,669,924

 
1,357,459

 
1,312,465

Other current assets:
 
 
 
 
 
Derivative assets
5,931

 

 
5,931

Other non-current assets:
 
 
 
 
 
Executive Deferred Savings Plan
182,150

 
136,145

 
46,005

Total financial assets(1)
$
2,858,005

 
$
1,493,604

 
$
1,364,401

Liabilities
 
 
 
 
 
Other current liabilities:
 
 
 
 
 
Derivative liabilities
$
(1,275
)
 
$

 
$
(1,275
)
Total financial liabilities
$
(1,275
)
 
$

 
$
(1,275
)
__________________ 
(1) Excludes cash of $307.4 million held in operating accounts and time deposits of $39.4 million as of June 30, 2017.
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 Consolidated Balance Sheet as follows: 
As of June 30, 2016 (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
$
20,569

 
$

 
$
20,569

Money market funds and other
626,156

 
626,156

 

U.S. Treasury securities
68,748

 
68,748

 

Marketable securities:
 
 
 
 
 
Corporate debt securities
657,905

 

 
657,905

Municipal securities
5,016

 

 
5,016

Sovereign securities
41,257

 
6,426

 
34,831

U.S. Government agency securities
405,705

 
385,731

 
19,974

U.S. Treasury securities
258,754

 
258,754

 

Total cash equivalents and marketable securities(1)
2,084,110

 
1,345,815

 
738,295

Other current assets:
 
 
 
 
 
Derivative assets
1,095

 

 
1,095

Other non-current assets:
 
 
 
 
 
Executive Deferred Savings Plan
162,160

 
106,149

 
56,011

Total financial assets(1)
$
2,247,365

 
$
1,451,964

 
$
795,401

Liabilities
 
 
 
 
 
Other current liabilities:
 
 
 
 
 
Derivative liabilities
$
(11,647
)
 
$

 
$
(11,647
)
Total financial liabilities
$
(11,647
)
 
$

 
$
(11,647
)
__________________ 
(1) Excludes cash of $330.1 million held in operating accounts and time deposits of $77.1 million as of June 30, 2016.