| 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, 2012 (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 |
$ |
5,515 |
|
|
$ |
5,515 |
|
|
$ |
— |
|
Money market and other |
617,113 |
|
|
617,113 |
|
|
— |
|
Marketable securities: |
|
|
|
|
|
U.S. Treasury securities |
92,075 |
|
|
88,578 |
|
|
3,497 |
|
U.S. Government agency securities |
574,781 |
|
|
571,783 |
|
|
2,998 |
|
Municipal securities |
77,594 |
|
|
— |
|
|
77,594 |
|
Corporate debt securities |
1,008,378 |
|
|
— |
|
|
1,008,378 |
|
Sovereign securities |
17,245 |
|
|
9,552 |
|
|
7,693 |
|
Equity securities |
357 |
|
|
357 |
|
|
— |
|
Total cash equivalents and marketable securities(1)
|
2,393,058 |
|
|
1,292,898 |
|
|
1,100,160 |
|
Other current assets: |
|
|
|
|
|
Derivative assets |
6,169 |
|
|
— |
|
|
6,169 |
|
Other non-current assets: |
|
|
|
|
|
Executive Deferred Savings Plan: |
|
|
|
|
|
Money market and other |
2,708 |
|
|
2,708 |
|
|
— |
|
Mutual funds |
129,336 |
|
|
97,065 |
|
|
32,271 |
|
Executive Deferred Savings Plan total |
132,044 |
|
|
99,773 |
|
|
32,271 |
|
Total financial assets(1)
|
$ |
2,531,271 |
|
|
$ |
1,392,671 |
|
|
$ |
1,138,600 |
|
Other current liabilities: |
|
|
|
|
|
Derivative liabilities |
$ |
(870 |
) |
|
$ |
— |
|
|
$ |
(870 |
) |
Total financial liabilities |
$ |
(870 |
) |
|
$ |
— |
|
|
$ |
(870 |
) |
________________
(1) Excludes cash of $125.7 million held in operating accounts and time deposits of $59.5 million as of December 31, 2012.
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, 2012 (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 |
$ |
607,038 |
|
|
$ |
607,038 |
|
|
$ |
— |
|
Marketable securities: |
|
|
|
|
|
U.S. Treasury securities |
91,438 |
|
|
88,014 |
|
|
3,424 |
|
U.S. Government agency securities |
634,492 |
|
|
634,492 |
|
|
— |
|
Municipal securities |
66,543 |
|
|
— |
|
|
66,543 |
|
Corporate debt securities |
917,392 |
|
|
— |
|
|
917,392 |
|
Sovereign securities |
29,145 |
|
|
10,129 |
|
|
19,016 |
|
Equity securities |
10 |
|
|
10 |
|
|
— |
|
Total cash equivalents and marketable securities(1)
|
2,346,058 |
|
|
1,339,683 |
|
|
1,006,375 |
|
Other current assets: |
|
|
|
|
|
Derivative assets |
1,407 |
|
|
— |
|
|
1,407 |
|
Other non-current assets: |
|
|
|
|
|
Executive Deferred Savings Plan: |
|
|
|
|
|
Money market and other |
732 |
|
|
732 |
|
|
— |
|
Mutual funds |
124,622 |
|
|
94,572 |
|
|
30,050 |
|
Executive Deferred Savings Plan total |
125,354 |
|
|
95,304 |
|
|
30,050 |
|
Total financial assets(1)
|
$ |
2,472,819 |
|
|
$ |
1,434,987 |
|
|
$ |
1,037,832 |
|
Other current liabilities: |
|
|
|
|
|
Derivative liabilities |
$ |
(1,909 |
) |
|
$ |
— |
|
|
$ |
(1,909 |
) |
Total financial liabilities |
$ |
(1,909 |
) |
|
$ |
— |
|
|
$ |
(1,909 |
) |
________________
(1) Excludes cash of $126.0 million held in operating accounts and time deposits of $62.4 million as of June 30, 2012
|