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FAIR VALUE MEASUREMENTS (Tables) | 12 Months Ended
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Jun. 30, 2020
Fair Value Disclosures [Abstract] |
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 our Consolidated Balance Sheets as follows:
As of June 30, 2020 (In thousands) | Total |  | Quoted Prices in Active Markets for Identical Assets (Level 1) |  | Significant Other Observable Inputs (Level 2) |  | Little or No Market Activity Inputs (Level 3) |  |
Assets |  |  |  |  |  |  |  |  |
Cash equivalents: |  |  |  |  |  |  |  |  |
Corporate debt securities | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  |
Money market funds and other | 694,950 |  |  | 694,950 |  |  | — |  |  | — |  |  |
U.S. Government agency securities | — |  |  | — |  |  | — |  |  | — |  |  |
U.S. Treasury securities | — |  |  | — |  |  | — |  |  | — |  |  |
Marketable securities: |  |  |  |  |  |  |  |  |
Corporate debt securities | 381,957 |  |  | — |  |  | 381,957 |  |  | — |  |  |
Municipal securities | 29,110 |  |  | — |  |  | 29,110 |  |  |  |  |
Sovereign securities | 2,017 |  |  | — |  |  | 2,017 |  |  | — |  |  |
U.S. Government agency securities | 106,336 |  |  | 106,336 |  |  | — |  |  | — |  |  |
U.S. Treasury securities | 181,193 |  |  | 151,210 |  |  | 29,983 |  |  | — |  |  |
Total cash equivalents and marketable securities(1) | 1,395,563 |  |  | 952,496 |  |  | 443,067 |  |  | — |  |  |
Other current assets: |  |  |  |  |  |  |  |  |
Derivative assets | 2,077 |  |  | — |  |  | 2,077 |  |  | — |  |  |
Other non-current assets: |  |  |  |  |  |  |  |  |
Executive Deferred Savings Plan | 213,487 |  |  | 166,000 |  |  | 47,487 |  |  | — |  |  |
Total financial assets(1) | $ | 1,611,127 |  |  | $ | 1,118,496 |  |  | $ | 492,631 |  |  | $ | — |  |  |
Liabilities |  |  |  |  |  |  |  |  |
Derivative liabilities | $ | (1,410) |  |  | $ | — |  |  | $ | (1,410) |  |  | $ | — |  |  |
Deferred payments | (6,750) |  |  | — |  |  | — |  |  | (6,750) |  |  |
Contingent consideration payable | (15,513) |  |  | — |  |  | — |  |  | (15,513) |  |  |
Total financial liabilities | $ | (23,673) |  |  | $ | — |  |  | $ | (1,410) |  |  | $ | (22,263) |  |  |
__________________ (1)Excludes cash of $460.8 million held in operating accounts and time deposits of $78.7 million as of June 30, 2020. 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 our Consolidated Balance Sheets as follows:
As of June 30, 2019 (In thousands) | Total |  | Quoted Prices in Active Markets for Identical Assets (Level 1) |  | Significant Other Observable Inputs (Level 2) |  | Little or No Market Activity Inputs (Level 3)
Assets |  |  |  |  |  |  |
Cash equivalents: |  |  |  |  |  |  |
Corporate debt securities | $ | 10,988 |  |  | $ | — |  |  | $ | 10,988 |  |  | $ | — |
Money market funds and other | 352,708 |  |  | 352,708 |  |  | — |  |  | — |
U.S. Government agency securities | 27,994 |  |  | — |  |  | 27,994 |  |  | — |
U.S. Treasury securities | 55,858 |  |  | — |  |  | 55,858 |  |  | — |
Marketable securities: |  |  |  |  |  |  |
Corporate debt securities | 422,089 |  |  | — |  |  | 422,089 |  |  | — |
Municipal securities | 1,913 |  |  | — |  |  | 1,913 |  |  | — |
Sovereign securities | 5,994 |  |  | — |  |  | 5,994 |  |  | — |
U.S. Government agency securities | 131,224 |  |  | 131,224 |  |  | — |  |  | — |
U.S. Treasury securities | 151,838 |  |  | 151,838 |  |  | — |  |  | — |
Total cash equivalents and marketable securities(1) | 1,160,606 |  |  | 635,770 |  |  | 524,836 |  |  | — |
Other current assets: |  |  |  |  |  |  |
Derivative assets | 2,557 |  |  | — |  |  | 2,557 |  |  | — |
Other non-current assets: |  |  |  |  |  |  |
Executive Deferred Savings Plan | 207,581 |  |  | 158,021 |  |  | 49,560 |  |  | — |
Total financial assets(1) | $ | 1,370,744 |  |  | $ | 793,791 |  |  | $ | 576,953 |  |  | $ | — |
Liabilities |  |  |  |  |  |  |
Derivative liabilities | $ | (3,334) |  |  | $ | — |  |  | $ | (3,334) |  |  | $ | — |
Deferred payments | (8,800) |  |  | — |  |  | — |  |  | (8,800) |
Contingent consideration payable | (14,005) |  |  | — |  |  | — |  |  | (14,005) |
Total financial liabilities | $ | (26,139) |  |  | $ | — |  |  | $ | (3,334) |  |  | $ | (22,805) |
__________________ (1)Excludes cash of $479.8 million held in operating accounts and time deposits of $99.0 million as of June 30, 2019.

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- Definition Tabular disclosure of assets and liabilities, including [financial] instruments measured at fair value that are classified in stockholders' equity, if any, that are measured at fair value on a recurring basis. The disclosures contemplated herein include the fair value measurements at the reporting date by the level within the fair value hierarchy in which the fair value measurements in their entirety fall, segregating fair value measurements using quoted prices in active markets for identical assets (Level 1), significant other observable inputs (Level 2), and significant unobservable inputs (Level 3). + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=117815213&loc=d3e19207-110258 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=117815213&loc=d3e19207-110258 + Details
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