| 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 were presented on the Company’s Condensed Consolidated Balance Sheet as of September 30, 2011 as follows:
|
|
|
|
|
|
|
|
|
|
|
|
|
(In thousands) |
Total |
|
Quoted Prices in
Active Markets
for Identical
Assets (Level 1)
|
|
Significant Other
Observable Inputs
(Level 2)
|
Assets |
|
|
|
|
|
Cash equivalents: |
|
|
|
|
|
Money market and other |
$ |
578,442 |
|
|
$ |
578,442 |
|
|
$ |
— |
|
Marketable securities: |
|
|
|
|
|
U.S. Treasury securities |
71,186 |
|
|
65,387 |
|
|
5,799 |
|
U.S. Government agency securities |
344,132 |
|
|
342,734 |
|
|
1,398 |
|
Municipal securities |
40,338 |
|
|
— |
|
|
40,338 |
|
Corporate debt securities |
831,721 |
|
|
— |
|
|
831,721 |
|
Sovereign securities |
32,411 |
|
|
13,385 |
|
|
19,026 |
|
Total cash equivalents and marketable securities(1) |
1,898,230 |
|
|
999,948 |
|
|
898,282 |
|
Other current assets: |
|
|
|
|
|
Derivative assets |
845 |
|
|
— |
|
|
845 |
|
Other non-current assets: |
|
|
|
|
|
Executive Deferred Savings Plan: |
|
|
|
|
|
Money market and other |
4,967 |
|
|
4,967 |
|
|
— |
|
Mutual funds |
110,923 |
|
|
85,709 |
|
|
25,214 |
|
Executive Deferred Savings Plan total |
115,890 |
|
|
90,676 |
|
|
25,214 |
|
Total financial assets(1) |
$ |
2,014,965 |
|
|
$ |
1,090,624 |
|
|
$ |
924,341 |
|
Other current liabilities: |
|
|
|
|
|
Derivative liabilities |
$ |
(6,054 |
) |
|
$ |
— |
|
|
$ |
(6,054 |
) |
Total financial liabilities |
$ |
(6,054 |
) |
|
$ |
— |
|
|
$ |
(6,054 |
) |
________________
(1) Excludes cash of $156.8 million held in operating accounts and time deposits of $45.1 million as of September 30, 2011.
Financial assets (excluding cash held in operating accounts and time deposits) and liabilities measured at fair value on a recurring basis were presented on the Company’s Condensed Consolidated Balance Sheet as of June 30, 2011 as follows:
|
|
|
|
|
|
|
|
|
|
|
|
|
(In thousands) |
Total |
|
Quoted Prices in
Active Markets
for Identical
Assets (Level 1)
|
|
Significant Other
Observable Inputs
(Level 2)
|
Assets |
|
|
|
|
|
Cash equivalents: |
|
|
|
|
|
U.S. Treasury securities |
$ |
4,400 |
|
|
$ |
— |
|
|
$ |
4,400 |
|
U.S. Government agency securities |
6,010 |
|
|
6,010 |
|
|
— |
|
Corporate debt securities |
21,982 |
|
|
— |
|
|
21,982 |
|
Money market and other |
481,770 |
|
|
481,770 |
|
|
— |
|
Marketable securities: |
|
|
|
|
|
U.S. Treasury securities |
54,496 |
|
|
52,396 |
|
|
2,100 |
|
U.S. Government agency securities |
314,173 |
|
|
314,173 |
|
|
— |
|
Municipal securities |
38,957 |
|
|
— |
|
|
38,957 |
|
Corporate debt securities |
853,403 |
|
|
— |
|
|
853,403 |
|
Sovereign securities |
32,086 |
|
|
14,696 |
|
|
17,390 |
|
Total cash equivalents and marketable securities(1) |
1,807,277 |
|
|
869,045 |
|
|
938,232 |
|
Other current assets: |
|
|
|
|
|
Derivative assets |
1,970 |
|
|
— |
|
|
1,970 |
|
Other non-current assets: |
|
|
|
|
|
Executive Deferred Savings Plan: |
|
|
|
|
|
Money market and other |
1,806 |
|
|
1,806 |
|
|
— |
|
Mutual funds |
126,227 |
|
|
95,971 |
|
|
30,256 |
|
Executive Deferred Savings Plan total |
128,033 |
|
|
97,777 |
|
|
30,256 |
|
Total financial assets(1) |
$ |
1,937,280 |
|
|
$ |
966,822 |
|
|
$ |
970,458 |
|
Other current assets: |
|
|
|
|
|
Derivative liabilities |
$ |
(2,127 |
) |
|
$ |
— |
|
|
$ |
(2,127 |
) |
Total financial liabilities |
$ |
(2,127 |
) |
|
$ |
— |
|
|
$ |
(2,127 |
) |
________________
(1) Excludes cash of $165.9 million held in operating accounts and time deposits of $65.4 million as of June 30, 2011.
|