Annual report pursuant to Section 13 and 15(d)

Fair Value Measurements (Tables)

v2.4.0.6
Fair Value Measurements (Tables)
12 Months Ended
Jun. 30, 2012
Fair Value, Assets and Liabilities Measured on Recurring Basis [Abstract]
Changes in Level 3 Securities
Changes in the Company's Level 3 securities for the indicated periods were as follows:
Year ended June 30,
(In thousands)
2012
2011
Beginning aggregate estimated fair value of Level 3 securities
$
—

$
16,825

Net settlements
—

(16,825
)
Ending aggregate estimated fair value of Level 3 securities
$
—

$
—

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 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
29145年

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 .
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 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

95971年

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 .

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