| 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, 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. Treasury securities |
$ |
118,951 |
|
|
$ |
118,951 |
|
|
$ |
— |
|
U.S. Government agency securities |
7,000 |
|
|
7,000 |
|
|
— |
|
Corporate debt securities |
62,054 |
|
|
— |
|
|
62,054 |
|
Money market and other |
463,828 |
|
|
463,828 |
|
|
— |
|
Sovereign securities |
8,383 |
|
|
— |
|
|
8,383 |
|
Marketable securities: |
|
|
|
|
|
U.S. Treasury securities |
183,474 |
|
|
183,474 |
|
|
— |
|
U.S. Government agency securities |
790,643 |
|
|
762,644 |
|
|
27,999 |
|
Municipal securities |
101,894 |
|
|
— |
|
|
101,894 |
|
Corporate debt securities |
1,119,198 |
|
|
— |
|
|
1,119,198 |
|
Sovereign securities |
53,899 |
|
|
17,742 |
|
|
36,157 |
|
Total cash equivalents and marketable securities(1)
|
2,909,324 |
|
|
1,553,639 |
|
|
1,355,685 |
|
Other current assets: |
|
|
|
|
|
Derivative assets |
2,653 |
|
|
— |
|
|
2,653 |
|
Other non-current assets: |
|
|
|
|
|
Executive Deferred Savings Plan |
156,047 |
|
|
105,024 |
|
|
51,023 |
|
Total financial assets(1)
|
$ |
3,068,024 |
|
|
$ |
1,658,663 |
|
|
$ |
1,409,361 |
|
Liabilities |
|
|
|
|
|
Other current liabilities: |
|
|
|
|
|
Derivative liabilities |
$ |
(960 |
) |
|
$ |
— |
|
|
$ |
(960 |
) |
Executive Deferred Savings Plan |
(156,417 |
) |
|
(106,644 |
) |
|
(49,773 |
) |
Total financial liabilities |
$ |
(157,377 |
) |
|
$ |
(106,644 |
) |
|
$ |
(50,733 |
) |
________________
(1) Excludes cash of $86.5 million held in operating accounts and time deposits of $31.0 million as of March 31, 2014.
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, 2013 (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 |
$ |
3,800 |
|
|
$ |
— |
|
|
$ |
3,800 |
|
Money market and other |
817,608 |
|
|
817,608 |
|
|
— |
|
Marketable securities: |
|
|
|
|
|
U.S. Treasury securities |
93,787 |
|
|
93,787 |
|
|
— |
|
U.S. Government agency securities |
598,031 |
|
|
598,031 |
|
|
— |
|
Municipal securities |
103,455 |
|
|
— |
|
|
103,455 |
|
Corporate debt securities |
1,099,525 |
|
|
— |
|
|
1,099,525 |
|
Sovereign securities |
33,805 |
|
|
13,559 |
|
|
20,246 |
|
Total cash equivalents and marketable securities(1)
|
2,750,011 |
|
|
1,522,985 |
|
|
1,227,026 |
|
Other current assets: |
|
|
|
|
|
Derivative assets |
4,016 |
|
|
— |
|
|
4,016 |
|
Other non-current assets: |
|
|
|
|
|
Executive Deferred Savings Plan |
136,461 |
|
|
96,180 |
|
|
40,281 |
|
Total financial assets(1)
|
$ |
2,890,488 |
|
|
$ |
1,619,165 |
|
|
$ |
1,271,323 |
|
Liabilities |
|
|
|
|
|
Other current liabilities: |
|
|
|
|
|
Derivative liabilities |
$ |
(2,173 |
) |
|
$ |
— |
|
|
$ |
(2,173 |
) |
Executive Deferred Savings Plan |
(137,849 |
) |
|
(97,570 |
) |
|
(40,279 |
) |
Total financial liabilities |
$ |
(140,022 |
) |
|
$ |
(97,570 |
) |
|
$ |
(42,452 |
) |
________________
(1) Excludes cash of $125.5 million held in operating accounts and time deposits of $43.4 million as of June 30, 2013
|