| 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, 2016 (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
|
$
|
68,748
|
|
|
$
|
68,748
|
|
|
$
|
—
|
|
|
Corporate debt securities
|
20,569
|
|
|
—
|
|
|
20,569
|
|
|
Money market and other
|
626,156
|
|
|
626,156
|
|
|
—
|
|
|
Marketable securities:
|
|
|
|
|
|
|
U.S. Treasury securities
|
258,754
|
|
|
258,754
|
|
|
—
|
|
|
U.S. Government agency securities
|
405,705
|
|
|
385,731
|
|
|
19,974
|
|
|
Municipal securities
|
5,016
|
|
|
—
|
|
|
5,016
|
|
|
Corporate debt securities
|
657,905
|
|
|
—
|
|
|
657,905
|
|
|
Sovereign securities
|
41,257
|
|
|
6,426
|
|
|
34,831
|
|
|
Total cash equivalents and marketable securities
(1)
|
2,084,110
|
|
|
1,345,815
|
|
|
738,295
|
|
|
Other current assets:
|
|
|
|
|
|
|
Derivative assets
|
1,095
|
|
|
—
|
|
|
1,095
|
|
|
Other non-current assets:
|
|
|
|
|
|
|
Executive Deferred Savings Plan
|
162,160
|
|
|
106,149
|
|
|
56,011
|
|
|
Total financial assets
(1)
|
$
|
2,247,365
|
|
|
$
|
1,451,964
|
|
|
$
|
795,401
|
|
|
Liabilities
|
|
|
|
|
|
|
Other current liabilities:
|
|
|
|
|
|
|
Derivative liabilities
|
$
|
(11,647
|
)
|
|
$
|
—
|
|
|
$
|
(11,647
|
)
|
|
Total financial liabilities
|
$
|
(11,647
|
)
|
|
$
|
—
|
|
|
$
|
(11,647
|
)
|
__________________
(1) Excludes cash of
$330.1 million
held in operating accounts and time deposits of
$77.1 million
as of
June 30, 2016
.
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, 2015 (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
|
$
|
7,500
|
|
|
$
|
7,500
|
|
|
$
|
—
|
|
|
Corporate debt securities
|
13,099
|
|
|
—
|
|
|
13,099
|
|
|
Money market and other
|
611,385
|
|
|
611,385
|
|
|
—
|
|
|
Marketable securities:
|
|
|
|
|
|
|
U.S. Treasury securities
|
275,555
|
|
|
275,555
|
|
|
—
|
|
|
U.S. Government agency securities
|
564,768
|
|
|
556,019
|
|
|
8,749
|
|
|
Municipal securities
|
31,816
|
|
|
—
|
|
|
31,816
|
|
|
Corporate debt securities
|
612,862
|
|
|
—
|
|
|
612,862
|
|
|
Sovereign securities
|
57,093
|
|
|
8,976
|
|
|
48,117
|
|
|
Total cash equivalents and marketable securities
(1)
|
2,174,078
|
|
|
1,459,435
|
|
|
714,643
|
|
|
Other current assets:
|
|
|
|
|
|
|
Derivative assets
|
3,064
|
|
|
—
|
|
|
3,064
|
|
|
Other non-current assets:
|
|
|
|
|
|
|
Executive Deferred Savings Plan
|
165,655
|
|
|
91,203
|
|
|
74,452
|
|
|
Total financial assets
(1)
|
$
|
2,342,797
|
|
|
$
|
1,550,638
|
|
|
$
|
792,159
|
|
|
Liabilities
|
|
|
|
|
|
|
Other current liabilities:
|
|
|
|
|
|
|
Derivative liabilities
|
$
|
(3,106
|
)
|
|
$
|
—
|
|
|
$
|
(3,106
|
)
|
|
Total financial liabilities
|
$
|
(3,106
|
)
|
|
$
|
—
|
|
|
$
|
(3,106
|
)
|
__________________
(1) Excludes cash of
$183.1 million
held in operating accounts and time deposits of
$29.9 million
as of
June 30, 2015
.
|