| 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 our Consolidated Balance Sheets as follow
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
As of June 30, 2019 (In thousands) |
Total |
|
Quoted Prices
in Active Markets
for Identical
Assets (Level 1)
|
|
Significant
Other
Observable
Inputs
(Level 2)
|
|
Little or No
Market Activity Inputs (Level 3)
|
Assets |
|
|
|
|
|
|
|
Cash equivalents: |
|
|
|
|
|
|
|
Corporate debt securities |
$ |
10,988 |
|
|
$ |
— |
|
|
$ |
10,988 |
|
|
$ |
— |
|
Money market funds and other |
352,708 |
|
|
352,708 |
|
|
— |
|
|
— |
|
U.S. Government agency securities |
27,994 |
|
|
— |
|
|
27,994 |
|
|
— |
|
U.S. Treasury securities |
55,858 |
|
|
— |
|
|
55,858 |
|
|
— |
|
Marketable securities: |
|
|
|
|
|
|
|
Corporate debt securities |
422,089 |
|
|
— |
|
|
422,089 |
|
|
— |
|
Municipal securities |
1,913 |
|
|
— |
|
|
1,913 |
|
|
|
Sovereign securities |
5,994 |
|
|
— |
|
|
5,994 |
|
|
— |
|
U.S. Government agency securities |
131,224 |
|
|
131,224 |
|
|
— |
|
|
— |
|
U.S. Treasury securities |
151,838 |
|
|
151,838 |
|
|
— |
|
|
— |
|
Total cash equivalents and marketable securities(1)
|
1,160,606 |
|
|
635,770 |
|
|
524,836 |
|
|
— |
|
Other current assets: |
|
|
|
|
|
|
|
Derivative assets |
2,557 |
|
|
— |
|
|
2,557 |
|
|
— |
|
Other non-current assets: |
|
|
|
|
|
|
|
Executive Deferred Savings Plan |
207,581 |
|
|
158,021 |
|
|
49,560 |
|
|
— |
|
Total financial assets(1)
|
$ |
1,370,744 |
|
|
$ |
793,791 |
|
|
$ |
576,953 |
|
|
$ |
— |
|
Liabilities |
|
|
|
|
|
|
|
Derivative liabilities |
$ |
(3,334 |
) |
|
$ |
— |
|
|
$ |
(3,334 |
) |
|
$ |
— |
|
Deferred payments |
(8,800 |
) |
|
— |
|
|
— |
|
|
(8,800 |
) |
Contingent consideration payable |
(14,005 |
) |
|
— |
|
|
— |
|
|
(14,005 |
) |
Total financial liabilities |
$ |
(26,139 |
) |
|
$ |
— |
|
|
$ |
(3,334 |
) |
|
$ |
(22,805 |
) |
__________________
|
|
(1) |
Excludes cash of $479.8 million held in operating accounts and time deposits of $99.0 million as of June 30, 2019.
|
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 our Consolidated Balance Sheets as follows:
|
|
|
|
|
|
|
|
|
|
|
|
|
As of June 30, 2018 (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 |
$ |
4,995 |
|
|
$ |
— |
|
|
$ |
4,995 |
|
Money market funds and other |
863,115 |
|
|
863,115 |
|
|
— |
|
U.S. Government agency securities |
7,675 |
|
|
— |
|
|
7,675 |
|
U.S. Treasury securities |
1,996 |
|
|
— |
|
|
1,996 |
|
Marketable securities: |
|
|
|
|
|
Corporate debt securities |
735,408 |
|
|
— |
|
|
735,408 |
|
Sovereign securities |
17,142 |
|
|
— |
|
|
17,142 |
|
U.S. Government agency securities |
316,022 |
|
|
299,501 |
|
|
16,521 |
|
U.S. Treasury securities |
405,654 |
|
|
364,574 |
|
|
41,080 |
|
Total cash equivalents and marketable securities(1)
|
2,352,007 |
|
|
1,527,190 |
|
|
824,817 |
|
Other current assets: |
|
|
|
|
|
Derivative assets |
5,385 |
|
|
— |
|
|
5,385 |
|
Other non-current assets: |
|
|
|
|
|
Executive Deferred Savings Plan |
197,213 |
|
|
143,580 |
|
|
53,633 |
|
Total financial assets(1)
|
$ |
2,554,605 |
|
|
$ |
1,670,770 |
|
|
$ |
883,835 |
|
Liabilities |
|
|
|
|
|
Derivative liabilities |
$ |
(6,828 |
) |
|
$ |
— |
|
|
$ |
(6,828 |
) |
Total financial liabilities |
$ |
(6,828 |
) |
|
$ |
— |
|
|
$ |
(6,828 |
) |
__________________
|
|
(1) |
Excludes cash of $473.8 million held in operating accounts and time deposits of $54.5 million as of June 30, 2018.
|
|