| 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, 2011 (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 |
$ |
5,000 |
|
|
$ |
— |
|
|
$ |
5,000 |
|
Money market and other |
591,032 |
|
|
591,032 |
|
|
— |
|
Marketable securities: |
|
|
|
|
|
U.S. Treasury securities |
71,302 |
|
|
67,302 |
|
|
4,000 |
|
U.S. Government agency securities |
449,356 |
|
|
449,356 |
|
|
— |
|
Municipal securities |
41,473 |
|
|
— |
|
|
41,473 |
|
Corporate debt securities |
716,707 |
|
|
— |
|
|
716,707 |
|
Sovereign securities |
36,181 |
|
|
18,443 |
|
|
17,738 |
|
Total cash equivalents and marketable securities(1) |
1,911,051 |
|
|
1,126,133 |
|
|
784,918 |
|
Other current assets: |
|
|
|
|
|
Derivative assets |
789 |
|
|
— |
|
|
789 |
|
Other non-current assets: |
|
|
|
|
|
Executive Deferred Savings Plan: |
|
|
|
|
|
Money market and other |
3,467 |
|
|
3,467 |
|
|
— |
|
Mutual funds |
118,556 |
|
|
93,895 |
|
|
24,661 |
|
Executive Deferred Savings Plan total |
122,023 |
|
|
97,362 |
|
|
24,661 |
|
Total financial assets(1) |
$ |
2,033,863 |
|
|
$ |
1,223,495 |
|
|
$ |
810,368 |
|
Other current liabilities: |
|
|
|
|
|
Derivative liabilities |
$ |
(2,329 |
) |
|
$ |
— |
|
|
$ |
(2,329 |
) |
Total financial liabilities |
$ |
(2,329 |
) |
|
$ |
— |
|
|
$ |
(2,329 |
) |
________________
(1) Excludes cash of $192.4 million held in operating accounts and time deposits of $73.2 million as of December 31, 2011.
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, 2011 (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 liabilities: |
|
|
|
|
|
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
|