Fair Value Measurements (Tables)

9 Months Ended

Aug. 31, 2018

The fair value of our financial assets and liabilities at August 31, 2018 was determined using the following inputs (in thousands):



	Fair Value Measurements at Reporting Date Using
			Quoted Prices in Active Markets for Identical Assets		Significant Other Observable Inputs		Significant Unobservable Inputs
	Total		(Level 1)		(Level 2)		(Level 3)
Assets:
Cash equivalents:
Corporate debt securities	$	24,011	$	—	$	24,011	$	—
Money market mutual funds	1,302,801		1,302,801		—		—
Time deposits	33,405		33,405		—		—
Short-term investments:
Asset-backed securities	77,010		—		77,010		—
Corporate debt securities	2,451,763		—		2,451,763		—
Foreign government securities	4,149		—		4,149		—
Municipal securities	18,917		—		18,917		—
U.S. Treasury securities	645,487		—		645,487		—
Prepaid expenses and other current assets:
Foreign currency derivatives	43,084		—		43,084		—
Other assets:
Deferred compensation plan assets	69,705		3,192		66,513		—
Total assets	$	4,670,332	$	1,339,398	$	3,330,934	$	—



Liabilities:
Accrued expenses:
Foreign currency derivatives	$	2,463	$	—	$	2,463	$	—
Other liabilities:
Interest rate swap derivatives	10,312		—		10,312		—
Total liabilities	$	12,775	$	—	$	12,775	$	—

The fair value of our financial assets and liabilities at December 1, 2017 was determined using the following inputs (in thousands):



	Fair Value Measurements at Reporting Date Using
			Quoted Prices in Active Markets for Identical Assets		Significant Other Observable Inputs		Significant Unobservable Inputs
	Total		(Level 1)		(Level 2)		(Level 3)
Assets:
Cash equivalents:
Money market mutual funds	$	2,006,741	$	2,006,741	$	—	$	—
Time deposits	18,843		18,843		—		—
Short-term investments:
Asset-backed securities	98,001		—		98,001		—
Corporate debt securities	2,454,260		—		2,454,260		—
Foreign government securities	2,388		—		2,388		—
Municipal securities	21,065		—		21,065		—
U.S. Treasury securities	937,988		—		937,988		—
Prepaid expenses and other current assets:
Foreign currency derivatives	14,198		—		14,198		—
Other assets:
Deferred compensation plan assets	56,690		2,573		54,117		—
Total assets	$	5,610,174	$	2,028,157	$	3,582,017	$	—



Liabilities:
Accrued expenses:
Foreign currency derivatives	$	1,598	$	—	$	1,598	$	—
Other liabilities:
Interest rate swap derivatives	1,058		—		1,058		—
Total liabilities	$	2,656	$	—	$	2,656	$	—